SYSTEMO
ActiveSummary
SYSTEMO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €112k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 2043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+61
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 96.98 against 86.72 in 2024; short-term debt: 1% and cash: 42.7% of total assets), and 1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
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
99%
Return on assets
7.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
30 d early
2023
15 d early
2022
25 d early
2021
31 d late
2020
2 d late
2014
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€210k
EBIT margin
-92.6%
Net result
€112k
2024 · €-5k
2020: €612k
2021: €-244k
2022: €-184k
2023: €60k
2024: €-5k
2020 → 2025
Working capital
€1.40M▲ 9.4%
2024 · €1.28M
2020: €1.64M
2021: €1.42M
2022: €1.24M
2023: €1.19M
2024: €1.28M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€210k
Equity€1.43M-€1.25M▼ 12.9%€1.31M▲ 4.8%€1.30M▼ 0.4%€1.41M▲ 8.6%
Operating result€-255k-€-195k▲ 23.7%€59k€-29k€94k
Net result€-244k-€-184k▲ 24.4%€60k€-5k€112k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €94k after a loss of €29k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€12k ▼ 40.7%
Current assets
€1.42M ▲ 9.3%
Equity and liabilities €1.43M
Equity
€1.41M ▲ 8.6%
Debt
€15k ▼ 2.3%
Debt's share of the balance-sheet total falls from 1.1% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104k▲
2024 · €-19k
Cash flow
€122k▲
2024 · €4k
Current ratio
96.98▲
2024 · 86.72
Debt to equity
0.01▼
2024 · 0.01
ROE
7.9%▲
2024 · -0.4%
ROA
7.8%▲
2024 · -0.4%
Interest coverage
451.56▲
2024 · -84.58
Debt ≤ 1 year
€15k▼
2024 · €15k
Income taxes
€2k▼
2024 · €11k
Staff costs
€84k▲
2024 · €82k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€1.43M▲
Fixed assets21/28€20k€12k▼
Tangible fixed assets22/27€20k€12k▼
Furniture and vehicles24€20k€12k▼
Current assets29/58€1.30M€1.42M▲
Amounts receivable after more than one year29€787k€748k▼
Other amounts receivable291€787k€748k▼
Amounts receivable within one year40/41€72k€59k▼
Trade receivables40€28k€20k▼
Other amounts receivable41€44k€39k▼
Cash at bank and in hand54/58€435k€609k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.43M▲
Equity10/15€1.30M€1.41M▲
Profit (loss) carried forward14€1.30M€1.41M▲
Amounts payable17/49€15k€15k▼
Amounts payable within one year42/48€15k€15k▼
Trade debts44€377€275▼
Suppliers440/4€377€275▼
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€410€411▲
Remuneration and social security454/9€14k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€82k€84k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€64k€189k▲
Operating profit (loss)9901€-29k€94k▲
Financial income75/76B€35k€19k▼
Recurring financial income75€35k€19k▼
Financial charges65/66B€228€231▲
Recurring financial charges65€228€231▲
Profit (loss) for the period before taxes9903€6k€114k▲
Income taxes67/77€11k€2k▼
Profit (loss) for the period9904€-5k€112k▲
Profit (loss) for the period to be appropriated9905€-5k€112k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.30M€1.41M▲
Profit (loss) brought forward from the previous period14P€1.31M€1.30M▼
The notes to these accounts (7 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €112k
Net result €112k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 86.72
Current ratio from 39.97 to 86.72; short-term debt falls from €30k to €15k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €60k
Net result €60k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-244k ▼140%
Net result drops to €-244k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
21-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 82 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 224 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 587 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2020
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.
Avenue Maurice des Ombiaux 225000 NamurGround area
3,724 m²
Building footprint
200 m²
Volume, LiDAR
866 m³
Parcel 92302F0010/00K002, Wallonia · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SYSTEMO
since 20202.305.017.532
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302F0010/00K002 | Wallonia | 3,724 m² | 1 · 200 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,017 companies in sector 85592 we hold annual accounts for 987. 433 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded18-08-1996
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.