SYSTEM-DAIX
ActiveSYSTEM-DAIX has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €44k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 13% of 1027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+36
Solvency15▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.84 in 2024), and 87.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.8%
Return on assets
1.9%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1027 sector peers (2025).
NBB · sector comparisonPosition among 1027 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
1 d early
2023
37 d early
2022
30 d late
2021
33 d early
2020
60 d early
2019
11 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€670k
EBIT margin
0.7%
Net result
€44k▲ 204%
2024 · €15k
2018: €-7k
2019: €49k
2020: €73k
2021: €6k
2022: €-5k
2023: €1k
2024: €15k
2018 → 2025
Working capital
€-223k▼ 1.6%
2024 · €-219k
2018: €-96k
2019: €-58k
2020: €69k
2021: €78k
2022: €-641
2023: €-132k
2024: €-219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€167k▼ 3.0%€168k▲ 0.7%€183k▲ 8.7%€292k▲ 59.9%
Operating result€587-€32k▲ 5,293%€125k▲ 296%€132k▲ 5.4%€28k▼ 78.5%
Net result€6k-€-5k€1k€15k▲ 1,166%€44k▲ 204%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.28M
Fixed assets
€1.37M▼ 12.0%
Current assets
€915k▼ 19.8%
Equity and liabilities €2.28M
Equity
€292k▲ 59.9%
Debt
€1.99M▼ 20.8%
The debt ratio falls from 93.2% to 87.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€219k▼
2024 · €314k
Cash flow
€235k▲
2024 · €197k
Solvency
12.8%▲
2024 · 6.8%
Current ratio
0.80▼
2024 · 0.84
Quick ratio
0.45▼
2024 · 0.58
Debt / equity
6.81▼
2024 · 13.74
ROE
15.2%▲
2024 · 8.0%
ROA
1.9%▲
2024 · 0.5%
Interest coverage
2.66▼
2024 · 2.86
Debt
€1.99M▼
2024 · €2.51M
Debt ≤ 1 year
€1.14M▼
2024 · €1.36M
Debt > 1 year
€853k▼
2024 · €1.13M
Income taxes
€13k▲
2024 · €11k
Staff costs
€576k▲
2024 · €441k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.70M€2.28M▼
Fixed assets21/28€1.55M€1.37M▼
Intangible fixed assets21€1k€295▼
Tangible fixed assets22/27€1.55M€1.37M▼
Plant, machinery and equipment23€265k€224k▼
Furniture and vehicles24€9k€8k▼
Leasing and similar rights25€1.28M€1.14M▼
Current assets29/58€1.14M€915k▼
Stocks and contracts in progress3€353k€399k▲
Stocks30/36€353k€399k▲
Amounts receivable within one year40/41€676k€459k▼
Trade receivables40€601k€404k▼
Other amounts receivable41€75k€55k▼
Cash at bank and in hand54/58€112k€56k▼
Deferred charges and accrued income490/1€132-
Equity and liabilities
Total equity and liabilities10/49€2.70M€2.28M▼
Equity10/15€183k€292k▲
Contributions10/11€20k€20k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€132k€176k▲
Investment grants15-€65k
Amounts payable17/49€2.51M€1.99M▼
Amounts payable after more than one year17€1.13M€853k▼
Financial debts170/4€1.13M€853k▼
Amounts payable within one year42/48€1.36M€1.14M▼
Current portion of amounts payable after more than one year42€886k€764k▼
Trade debts44€373k€295k▼
Suppliers440/4€373k€295k▼
Taxes, remuneration and social security45€102k€79k▼
Taxes450/3€61k€12k▼
Remuneration and social security454/9€41k€67k▲
Accrued charges and deferred income492/3€26k-
Income statement
Code20242025
Remuneration, social security and pensions62€441k€576k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€182k€190k▲
Other operating charges640/8€16k€11k▼
Gross operating margin9900€772k€806k▲
Operating profit (loss)9901€132k€28k▼
Financial income75/76B€3k€111k▲
Recurring financial income75€3k€111k▲
Financial charges65/66B€110k€82k▼
Recurring financial charges65€110k€82k▼
Profit (loss) for the period before taxes9903€25k€57k▲
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€15k€44k▲
Profit (loss) for the period to be appropriated9905€15k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€132k€176k▲
Profit (loss) brought forward from the previous period14P€117k€132k▲
Social balance
Average headcount (FTE)90878.010.9▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
31-12
Financial
Equity above €200kEq €292k ▲59.9%
3 profitable years in a row build equity to €292k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €73k ▲48.1%
Net result €73k, the highest in the series.
31-12
Financial
Equity above €150kEq €191k ▲101%
2 profitable years in a row build equity to €191k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2025
Vincent SERVAIS: Resigned as Director
21-12-2023
Vincent SERVAIS: Resigned as Director
21-12-2023
DAIX Nicolas: Resigned as Director
Location & real-estate footprint
Registered office, Héron · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue d'Envoz 15 A4218 HéronGround area
1,315 m²
Building footprint
242 m²
Volume, LiDAR
1,500 m³
2 parcels, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SYSTEM-DAIX
since 20132.224.755.178
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61015B0695/00F000 | Wallonia | 1,154 m² | 1 · 128 m² | 8.0 m · 2 fl. |
| 56033A0118/00H000 | Wallonia | 161 m² | 1 · 114 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2013
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.