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ACTUEL SYSTEM

Active Public limited companyfounded 2004active for 22 yearsChaussée de Bruxelles 26, 1472 GenappeKBO/BCE: BE 0865.409.848 subsidiary of
Part of the group 28 companies

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €940,702 (2023)
€729,053▲ 8.5%
lowest -€151,834 (2013)
-€9,025▲ €17,034
peak -€47,282 (2023)
-€82,367▼ €9,025
€441,718▼ 46.5%
peak 14.8 FTE (2020)
11.3 FTE▲ 6.6%
Board6 names since 2016
- 
Owners
100%
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Loss of €9,025Equity from -€73,342 to -€82,367Debts from €826,014 to €441,718Investments €17,384

Key points

from the 2025 annual accounts

Equity

-€82,367
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€35,085 in two years
-26,0602024-9,0252025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€441,718 123% of the balance sheet
Financial debts 5%Suppliers 57%Taxes and wages 19%Other 18%

Of this, €438,328 falls due within a year.

Investments

€17,384 3.3 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 86.8% higher than in 2024.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Nine of the last ten came late. The 2019 accounts came latest: 92 days after the end of the period.

Position in the sector

-€82,367

Less equity than 95% of companies in repair of computers and personal goods. Sector median €270,448 · 1,318 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,240 companies had the same profile as ACTUEL SYSTEM has now. Each dot stands for 4 companies, two years later.

92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,240 companies, not a prediction for ACTUEL SYSTEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

last known board
Director, until 2025
Director, until 2025
  • 100%score equity €24.3m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Resignation: (director) General meeting of 06-01-2026 · Gazette deed
Reappointment: (statutory auditor) General meeting of 30-08-2023 · Gazette deed
Permanent representatives: , , and General meeting of 15-06-2021 · Gazette deed
3 directors appointed, 1 statutory auditor reappointed Appointments: (chair), and (managing director) · Permanent representative: · Reappointment: (statutory auditor) · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
ACTUEL SYSTEM Genappe €359,351 €729,053 -22.9% 11.3
GREGOIR CP Puurs-Sint-Amands €383,680 €695,035 36.4% 11.5
CARROSSERIE REM AUTO Nivelles €428,506 €617,656 37.1% 11
CARROSSERIE DE WATERLOO Waterloo €808,789 €720,652 55.5% 7.8
CARROSSERIEBEDRIJF VERDONCK Lommel €450,295 €461,276 -78.1% 7.3
THOEN CARROSSERIE ZOTTEGEM Aalst €762,757 €697,702 45.1% 9.3
CARROSSERIE LEYN Wervik €803,103 €934,547 62.6% 10.2

These companies have the same main activity as ACTUEL SYSTEM: bodywork repair (including spraying and painting) (NACE 95314). They are comparable in size and age: total assets between €384,000 and €809,000, founded between 1992 and 2008.

Official details

Source: KBO
Status
Active since 24-05-2004Normal situation
Activity
Bodywork repair (including spraying and painting)NACE 95314and 5 others
Joint committees
149.02Coachwork
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.145.996.5241472 Genappe, since 24-05-2004
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €2.8mestimated
€359,351▼ 52.3%
Employeeson 31-12-2025
11=
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on ACTUEL SYSTEM

ACTUEL SYSTEM files the abbreviated format. That format states no turnover. The gross margin rose from €387,465 in 2006 to €729,053 in 2025.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ACTUEL SYSTEM

What is the company number of ACTUEL SYSTEM?
The company number of ACTUEL SYSTEM is 0865.409.848. The VAT number is the same number with BE in front: BE 0865.409.848.
Where is ACTUEL SYSTEM based?
The registered office is at Chaussée de Bruxelles 26, 1472 Genappe.Company details
What does ACTUEL SYSTEM do?
According to the KBO register, the main activity is bodywork repair (including spraying and painting) (NACE 95314).
What is the legal form of ACTUEL SYSTEM?
ACTUEL SYSTEM is a public limited company (NV).
When was ACTUEL SYSTEM founded?
ACTUEL SYSTEM was founded on 24-05-2004.
Is ACTUEL SYSTEM still active?
Yes, ACTUEL SYSTEM is an active enterprise in the KBO register.
How many employees does ACTUEL SYSTEM have?
ACTUEL SYSTEM had an average of 11.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ACTUEL SYSTEM fall under?
In its 2025 annual accounts, ACTUEL SYSTEM states joint committees 149.02 (Coachwork) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of ACTUEL SYSTEM?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €729,053 and 35 comparable companies (NACE 953). It probably lies between €2.0m and €3.7m.
Is ACTUEL SYSTEM profitable?
In financial year 2025, ACTUEL SYSTEM made a loss of €9,025.
Where can I find the annual accounts of ACTUEL SYSTEM?
ACTUEL SYSTEM filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ACTUEL SYSTEM due?
ACTUEL SYSTEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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