A-SYSTEMS
ActiveSummary
A-SYSTEMS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,478 and a net result of €9,046. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+9
Solvency86▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 1.82 in 2024; short-term debt: 38.6% and cash: 31% of total assets), and 38.6% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
61.4%
Return on assets
14.4%
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
3 d early
2023
1 d late
2022
26 d late
2021
33 d early
2020
1 d early
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,046▲ 126%
2024 · €4,002
Working capital
€34,481▲ 84.9%
2024 · €18,647
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,605▼ 87.6%-€1,170-€526▲ 55.0%€6,610€13,118▲ 98.5%
Net result€2,235▼ 89.5%-€2,553-€1,993▲ 21.9%€4,002€9,046▲ 126%
Equity€29,977▲ 8.1%€27,424▼ 8.5%€25,430▼ 7.3%€29,433▲ 15.7%€38,478▲ 30.7%
Total assets€78,638▲ 10.2%€61,117▼ 22.3%€52,842▼ 13.5%€53,524▲ 1.3%€62,711▲ 17.2%
Debt€48,661▲ 11.5%€33,694▼ 30.8%€27,412▼ 18.6%€24,091▼ 12.1%€24,233▲ 0.6%
Working capital€1,945▼ 90.5%€4,694▲ 141%€8,590▲ 83.0%€18,647▲ 117%€34,481▲ 84.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 98% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,711
Fixed assets
€3,997 ▼ 66.9%
Current assets
€58,714 ▲ 41.7%
Equity and liabilities €62,711
Equity
€38,478 ▲ 30.7%
Debt
€24,233 ▲ 0.6%
Debt's share of the balance-sheet total falls from 45.0% to 38.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,206▲
2024 · €17,809
Cash flow
€17,134▲
2024 · €15,201
Current ratio
2.42▲
2024 · 1.82
Debt to equity
0.63▼
2024 · 0.82
ROE
23.5%▲
2024 · 13.6%
ROA
14.4%▲
2024 · 7.5%
Interest coverage
61.78▲
2024 · 38.67
Debt ≤ 1 year
€24,233▲
2024 · €22,792
Income taxes
€3,791▲
2024 · €2,220
Staff costs
€6,557▲
2024 · €5,900
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €5,904 | €5,869 | €5,900 | €6,557 | ▲ 11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,277 | €12,969 | €12,984 | €11,199 | €8,088 | ▼ 27.8% |
| Other operating charges640/8 | €636 | €518 | €668 | €671 | €634 | ▼ 5.5% |
| Gross operating margin9900 | €15,519 | €18,222 | €18,995 | €24,380 | €28,397 | ▲ 16.5% |
| Operating profit (loss)9901 | €3,605 | -€1,170 | -€526 | €6,610 | €13,118 | ▲ 98.5% |
| Financial income75/76B | €53 | €61 | €72 | €73 | €62 | ▼ 15.3% |
| Recurring financial income75 | €53 | €61 | €72 | €73 | €62 | ▼ 15.3% |
| Financial charges65/66B | €679 | €651 | €443 | €461 | €343 | ▼ 25.5% |
| Recurring financial charges65 | €679 | €651 | €443 | €461 | €343 | ▼ 25.5% |
| Profit (loss) for the period before taxes9903 | €2,979 | -€1,760 | -€897 | €6,222 | €12,836 | ▲ 106% |
| Income taxes67/77 | €744 | €793 | €1,096 | €2,220 | €3,791 | ▲ 70.8% |
| Profit (loss) for the period9904 | €2,235 | -€2,553 | -€1,993 | €4,002 | €9,046 | ▲ 126% |
| Profit (loss) for the period to be appropriated9905 | €2,235 | -€2,553 | -€1,993 | €4,002 | €9,046 | ▲ 126% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78,638 | €61,117 | €52,842 | €53,524 | €62,711 | ▲ 17.2% |
| Formation expenses20 | - | - | €876 | - | - | - |
| Fixed assets21/28 | €47,419 | €34,450 | €22,408 | €12,085 | €3,997 | ▼ 66.9% |
| Tangible fixed assets22/27 | €47,419 | €34,450 | €22,408 | €12,085 | €3,997 | ▼ 66.9% |
| Furniture and vehicles24 | €44,755 | €32,060 | €20,293 | €10,245 | €2,431 | ▼ 76.3% |
| Other tangible fixed assets26 | €2,664 | €2,389 | €2,115 | €1,840 | €1,566 | ▼ 14.9% |
| Current assets29/58 | €31,219 | €26,668 | €29,558 | €41,439 | €58,714 | ▲ 41.7% |
| Amounts receivable within one year40/41 | €18,291 | €20,931 | €10,624 | €19,284 | €39,298 | ▲ 104% |
| Trade receivables40 | €10,290 | €16,928 | €10,624 | €18,085 | €35,148 | ▲ 94.3% |
| Other amounts receivable41 | €8,001 | €4,003 | - | €1,199 | €4,150 | ▲ 246% |
| Cash at bank and in hand54/58 | €12,928 | €5,737 | €18,933 | €22,155 | €19,416 | ▼ 12.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78,638 | €61,117 | €52,842 | €53,524 | €62,711 | ▲ 17.2% |
| Equity10/15 | €29,977 | €27,424 | €25,430 | €29,433 | €38,478 | ▲ 30.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | €18,592 | - | - | - | - | - |
| Other1109/19 | €18,592 | - | - | - | - | - |
| Reserves13 | €241 | €241 | €241 | €241 | €241 | = |
| Non-distributable reserves130/1 | €241 | €241 | €241 | €241 | €241 | = |
| Legal reserve130 | €241 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €241 | €241 | €241 | €241 | = |
| Profit (loss) carried forward14 | €11,144 | €8,591 | €6,597 | €10,600 | €19,645 | ▲ 85.3% |
| Amounts payable17/49 | €48,661 | €33,694 | €27,412 | €24,091 | €24,233 | ▲ 0.6% |
| Amounts payable after more than one year17 | €19,387 | €11,720 | €6,444 | €1,299 | - | - |
| Financial debts170/4 | €19,387 | €11,720 | €6,444 | €1,299 | - | - |
| Amounts payable within one year42/48 | €29,274 | €21,974 | €20,968 | €22,792 | €24,233 | ▲ 6.3% |
| Current portion of amounts payable after more than one year42 | €9,402 | €7,967 | €5,276 | €5,144 | €1,299 | ▼ 74.7% |
| Trade debts44 | €2,618 | €2,198 | €4,092 | €9,210 | €11,809 | ▲ 28.2% |
| Suppliers440/4 | €2,618 | €2,198 | €4,092 | €9,210 | €11,809 | ▲ 28.2% |
| Taxes, remuneration and social security45 | €3,688 | €1,448 | €3,421 | €2,152 | €4,940 | ▲ 130% |
| Taxes450/3 | €3,688 | €1,448 | €3,421 | €2,152 | €4,940 | ▲ 130% |
| Other amounts payable47/48 | €13,566 | €10,361 | €8,179 | €6,285 | €6,185 | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,235 | -€2,553 | -€1,993 | €4,002 | €9,046 | ▲ 126% |
| + Depreciation and write-downs630 | €11,277 | €12,969 | €12,984 | €11,199 | €8,088 | ▼ 27.8% |
| Operating cash flow (approximation) | €13,512 | €10,416 | €10,991 | €15,201 | €17,134 | ▲ 12.7% |
| Investment in fixed assets (approximation) | - | €0 | -€942 | -€876 | €0 | ▲ 100% |
| Change in cash | - | -€7,191 | €13,197 | €3,221 | -€2,739 | ▼ 185% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4,002
Net result €4,002 after 2 loss-making years.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-12
Financial
Weakest financial yearnet -€2,553
Net result drops to -€2,553, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €21,213 ▲26.1%
Operating result €28,976, net result €21,213, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.21
Current ratio from 0.49 to 1.21; short-term debt falls from €27,186 to €23,883.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Braine-l'Alleud · 1 establishment unit since 1999
Ground area
762 m²
Building footprint
56 m²
Volume, LiDAR
492 m³
Parcel 25744E0034/00A000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue des Hauts Tiennes 49, 1420 Braine-l'Alleud
since 19992.092.833.396
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744E0034/00A000 | Wallonia | 762 m² | 1 · 56 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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Devinity
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 14,931 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-10-1999
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466993236
Also
9925:BE0466993236
Registered
26-02-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.