AB-Systems
ActiveAB-Systems has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €28k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency76▼-12
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 2.08 in 2024), but 65.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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
34.1%
Return on assets
11.3%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
14 d early
2024
26 d early
2023
1 d early
2022
3 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▲ 10.7%
2024 · €77k
2019: €25k
2020: €45k
2021: €49k
2022: €60k
2023: €87k
2024: €77k
2019 → 2025
Total assets
€251k▲ 41.6%
2024 · €177k
2019: €237k
2020: €211k
2021: €179k
2022: €163k
2023: €147k
2024: €177k
2019 → 2025
Net result
€28k▲ 40.3%
2024 · €20k
2019: €6k
2020: €21k
2021: €4k
2022: €11k
2023: €27k
2024: €20k
2019 → 2025
Working capital
€101k▲ 88.8%
2024 · €54k
2019: €-73k
2020: €-30k
2021: €-28k
2022: €-22k
2023: €35k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€60k▲ 22.7%€87k▲ 44.9%€77k▼ 11.3%€86k▲ 10.7%
Operating result€7k-€18k▲ 159%€37k▲ 110%€28k▼ 25.6%€42k▲ 50.9%
Net result€4k-€11k▲ 200%€27k▲ 143%€20k▼ 25.5%€28k▲ 40.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 51% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251k
Fixed assets
€85k▲ 14.5%
Current assets
€166k▲ 61.2%
Equity and liabilities €251k
Equity
€86k▲ 10.7%
Debt
€166k▲ 65.6%
The debt ratio rises from 56.3% to 65.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€65k▼
2024 · €74k
Cash flow
€52k▼
2024 · €66k
Solvency
34.1%▼
2024 · 43.7%
Current ratio
2.56▲
2024 · 2.08
Quick ratio
2.35▲
2024 · 1.80
Debt / equity
1.93▲
2024 · 1.29
ROE
33.0%▲
2024 · 26.0%
ROA
11.3%▼
2024 · 11.4%
Interest coverage
16.90▼
2024 · 38.02
Debt
€166k▲
2024 · €100k
Debt ≤ 1 year
€65k▲
2024 · €50k
Debt > 1 year
€100k▲
2024 · €49k
Income taxes
€9k▲
2024 · €5k
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€177k€251k▲
Fixed assets21/28€74k€85k▲
Intangible fixed assets21€8k€0▼
Tangible fixed assets22/27€66k€85k▲
Plant, machinery and equipment23-€8k
Furniture and vehicles24€66k€77k▲
Current assets29/58€103k€166k▲
Stocks and contracts in progress3€14k€14k▼
Stocks30/36€14k€10k▼
Contracts in progress37-€4k
Amounts receivable within one year40/41€27k€45k▲
Trade receivables40€24k€37k▲
Other amounts receivable41€4k€9k▲
Cash at bank and in hand54/58€60k€104k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€177k€251k▲
Equity10/15€77k€86k▲
Contributions10/11€19k€19k=
Reserves13€59k€67k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€59k€67k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€100k€166k▲
Amounts payable after more than one year17€49k€100k▲
Financial debts170/4€49k€100k▲
Amounts payable within one year42/48€50k€65k▲
Current portion of amounts payable after more than one year42€11k€22k▲
Trade debts44€23k€17k▼
Suppliers440/4€23k€17k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€2k€8k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€10k€10k▲
Accrued charges and deferred income492/3€2k€528▼
Income statement
Code20242025
Non-recurring operating income76A€9k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€23k▼
Other operating charges640/8€836€999▲
Gross operating margin9900€75k€66k▼
Operating profit (loss)9901€28k€42k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€26k€38k▲
Income taxes67/77€5k€9k▲
Profit (loss) for the period9904€20k€28k▲
Profit (loss) for the period to be appropriated9905€20k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€28k▲
Transfer from equity791/2€30k€20k▼
Transfer to equity691/2€20k€28k▲
To other reserves6921€20k€28k▲
Profit to be distributed694/7€30k€20k▼
Return on contributions (dividend)694€30k€20k▼
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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €28k ▲40.3%
Operating result €42k, net result €28k, both a record.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity doublescurrent ratio 1.68
Current ratio from 0.75 to 1.68; short-term debt falls from €88k to €52k.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €4k ▼82%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oostkamp · 1 establishment unit since 2018
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.
Erkegemstraat 488020 OostkampGround area
1,445 m²
Building footprint
228 m²
Volume, LiDAR
1,320 m³
Parcel 31022C1049/00H000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB-Systems
since 20182.271.945.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022C1049/00H000 | Flanders | 1,445 m² | 1 · 227 m² | 8.9 m · 2 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.
Similar companies · same sector, comparable size
St-Elek
BE 0804.762.973
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Flo Service
BE 0739.956.382
Aalst · Eq €86k
M&M
BE 0737.898.596
Wielsbeke · Eq €86k
PLASTILIGHT
BE 0435.642.737
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ETUDE ET RENOVATIONS
BE 0748.593.837
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 8,819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2018
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.