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Advanced Computer Systems Technics

Active
Public limited companyfounded 1983active for 42 yearsForeestelaan 86, 9000 Gent, Belgium49 active companies are registered at this addressKBO/BCE: BE 0424.865.839
Summary

Advanced Computer Systems Technics has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,516 and a net result of €26,389. Equity is growing by about 38% per year across the filed financial years. Its solvency ranks better than 63% of 3,343 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€231,516▲ 11.3%
2024 · €207,987
Total assets
€374,289▲ 10.6%
2024 · €338,378
Net result
€26,389▼ 33.0%
2024 · €39,393
Working capital
€214,327▲ 6.3%
2024 · €201,687
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 16% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€43,770 2025 Net result€26,389 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€60,378-€33,837▼ 44.0%€99,616▲ 194%€22,417▼ 77.5%€61,288▲ 173%€79,857▲ 30.3%€52,048▼ 34.8%€43,770▼ 15.9%
Net result€45,826-€19,029▼ 58.5%€68,131within the sector's middle half▲ 258%€12,986within the sector's middle half▼ 80.9%€42,924within the sector's middle half▲ 231%€56,742within the sector's middle half▲ 32.2%€39,393within the sector's middle half▼ 30.6%€26,389within the sector's middle half▼ 33.0%
Equity-€20,218--€1,189▲ 94.1%€66,941within the sector's middle half€79,927within the sector's middle half▲ 19.4%€119,552within the sector's middle half▲ 49.6%€172,993within the sector's middle half▲ 44.7%€207,987within the sector's middle half▲ 20.2%€231,516within the sector's middle half▲ 11.3%
Total assets€220,273-€198,741▼ 9.8%€262,334within the sector's middle half▲ 32.0%€269,799within the sector's middle half▲ 2.8%€245,507within the sector's middle half▼ 9.0%€314,008within the sector's middle half▲ 27.9%€338,378within the sector's middle half▲ 7.8%€374,289within the sector's middle half▲ 10.6%
Debt€240,491-€199,931▼ 16.9%€195,393▼ 2.3%€189,871▼ 2.8%€125,955▼ 33.7%€141,014▲ 12.0%€130,391▼ 7.5%€142,773▲ 9.5%
Working capital-€17,955--€2,976▲ 83.4%€59,217within the sector's middle half€53,668within the sector's middle half▼ 9.4%€100,289within the sector's middle half▲ 86.9%€160,351within the sector's middle half▲ 59.9%€201,687within the sector's middle half▲ 25.8%€214,327within the sector's middle half▲ 6.3%
Solvency-9.2%--0.6%▲ 8.6pp25.5%within the sector's middle half▲ 26.1pp29.6%within the sector's middle half▲ 4.1pp48.7%within the sector's middle half▲ 19.1pp55.1%within the sector's middle half▲ 6.4pp61.5%within the sector's middle half▲ 6.4pp61.9%within the sector's middle half▲ 0.4pp
Current ratio0.92-0.98▲ 0.061.30within the sector's middle half▲ 0.321.28within the sector's middle half▼ 0.021.80within the sector's middle half▲ 0.512.14within the sector's middle half▲ 0.342.55within the sector's middle half▲ 0.412.83within the sector's middle half▲ 0.29
Return on assets (ROA)20.8%-9.6%▼ 11.2pp26.0%above the sector's middle half▲ 16.4pp4.8%within the sector's middle half▼ 21.2pp17.5%above the sector's middle half▲ 12.7pp18.1%above the sector's middle half▲ 0.6pp11.6%within the sector's middle half▼ 6.4pp7.1%within the sector's middle half▼ 4.6pp
Staff (FTE)2-2=2within the sector's middle half=2below the sector's middle half=2below the sector's middle half=2within the sector's middle half=2within the sector's middle half=2within the sector's middle half=
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374,289
Fixed assets €43,080 ▲ 579%
Current assets €331,209 ▼ 0.2%
Equity and liabilities €374,289
Equity €231,516 ▲ 11.3%
Debt €142,773 ▲ 9.5%
Debt's share of the balance-sheet total falls from 38.5% to 38.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€51,561▼
2024 · €58,384
Cash flow
€34,180▼
2024 · €45,729
Quick ratio
2.82▲
2024 · 2.53
Debt to equity
0.62▼
2024 · 0.63
ROE
11.4%▼
2024 · 18.9%
Interest coverage
26.17▼
2024 · 28.97
Debt ≤ 1 year
€116,883▼
2024 · €130,346
Income taxes
€19,793▲
2024 · €15,100
Staff costs
€223,977▲
2024 · €216,689
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,372 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€338,378€374,289▲
Fixed assets21/28€6,344€43,080▲
Tangible fixed assets22/27€6,344€43,080▲
Plant, machinery and equipment23€486€1,582▲
Furniture and vehicles24€5,858€41,498▲
Current assets29/58€332,033€331,209▼
Stocks and contracts in progress3€1,866€1,866=
Stocks30/36€1,866€1,866=
Amounts receivable within one year40/41€290,133€298,445▲
Trade receivables40€130,987€129,073▼
Other amounts receivable41€159,147€169,372▲
Cash at bank and in hand54/58€35,431€26,692▼
Deferred charges and accrued income490/1€4,603€4,206▼
Equity and liabilities
Total equity and liabilities10/49€338,378€374,289▲
Equity10/15€207,987€231,516▲
Contributions10/11€74,000€74,000=
Capital10€74,000€74,000=
Issued capital100€74,000€74,000=
Reserves13€7,437€7,437=
Non-distributable reserves130/1€7,437€7,437=
Legal reserve130€7,437€7,437=
Profit (loss) carried forward14€126,550€150,079▲
Amounts payable17/49€130,391€142,773▲
Amounts payable within one year42/48€130,346€116,883▼
Financial debts43€15,484€13,701▼
Other loans439€15,484€13,701▼
Trade debts44€80,504€69,214▼
Suppliers440/4€80,504€69,214▼
Taxes, remuneration and social security45€29,959€31,107▲
Taxes450/3-€7,740
Remuneration and social security454/9€29,959€23,367▼
Other amounts payable47/48€4,400€2,860▼
Accrued charges and deferred income492/3€45€25,891▲
Income statement Code20242025
Non-recurring operating income76A€8,676-
Remuneration, social security and pensions62€216,689€223,977▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,336€7,791▲
Other operating charges640/8€4,340€3,124▼
Gross operating margin9900€279,413€278,662▼
Operating profit (loss)9901€52,048€43,770▼
Financial income75/76B€4,460€4,382▼
Recurring financial income75€4,460€4,382▼
Financial charges65/66B€2,015€1,971▼
Recurring financial charges65€2,015€1,971▼
Profit (loss) for the period before taxes9903€54,493€46,182▼
Income taxes67/77€15,100€19,793▲
Profit (loss) for the period9904€39,393€26,389▼
Profit (loss) for the period to be appropriated9905€39,393€26,389▼
Appropriation of the result
Profit (loss) to be appropriated9906€130,950€152,939▲
Profit (loss) brought forward from the previous period14P€91,557€126,550▲
Profit to be distributed694/7€4,400€2,860▼
Other beneficiaries697€4,400€2,860▼
Social balance sheet
Average headcount (FTE)90872.02.0=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€8,676--
Remuneration, social security and pensions62---€186,108€181,674€210,550€216,689€223,977▲ 3.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,739€6,128€3,864€10,788€8,620€6,620€6,336€7,791▲ 23.0%
Other operating charges640/8---€3,452€4,827€5,314€4,340€3,124▼ 28.0%
Gross operating margin9900€234,216€209,139€273,983€222,764€256,410€302,340€279,413€278,662▼ 0.3%
Operating profit (loss)9901€60,378€33,837€99,616€22,417€61,288€79,857€52,048€43,770▼ 15.9%
Financial income75/76B---€0€2,847€1,384€4,460€4,382▼ 1.8%
Recurring financial income75€532€341€40€0€2,847€1,384€4,460€4,382▼ 1.8%
Financial charges65/66B---€2,955€2,778€2,019€2,015€1,971▼ 2.2%
Recurring financial charges65€6,984€4,481€3,750€2,955€2,778€2,019€2,015€1,971▼ 2.2%
Profit (loss) for the period before taxes9903€53,926€29,697€95,906€19,462€61,357€79,222€54,493€46,182▼ 15.3%
Income taxes67/77€8,101€10,668€27,776€6,476€18,433€22,480€15,100€19,793▲ 31.1%
Profit (loss) for the period9904€45,826€19,029€68,131€12,986€42,924€56,742€39,393€26,389▼ 33.0%
Profit (loss) for the period to be appropriated9905€45,826€19,029€68,131€12,986€42,924€56,742€39,393€26,389▼ 33.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€220,273€198,741€262,334€269,799€245,507€314,008€338,378€374,289▲ 10.6%
Fixed assets21/28€4,600€6,558€8,112€26,297€19,300€12,680€6,344€43,080▲ 579%
Intangible fixed assets21€1,204€163-------
Tangible fixed assets22/27€3,395€6,395€8,112€26,297€19,300€12,680€6,344€43,080▲ 579%
Plant, machinery and equipment23---€1,989€1,852€1,028€486€1,582▲ 225%
Furniture and vehicles24---€24,307€17,447€11,653€5,858€41,498▲ 608%
Current assets29/58€215,674€192,183€254,222€243,502€226,207€301,327€332,033€331,209▼ 0.2%
Stocks and contracts in progress3-€32€18€18€18€18€1,866€1,866=
Stocks30/36---€18€18€18€1,866€1,866=
Amounts receivable within one year40/41€108,275€117,615€205,631€161,087€161,755€261,258€290,133€298,445▲ 2.9%
Trade receivables40---€142,609€146,866€141,258€130,987€129,073▼ 1.5%
Other amounts receivable41---€18,478€14,889€120,000€159,147€169,372▲ 6.4%
Cash at bank and in hand54/58€106,097€72,335€42,359€65,483€61,778€36,166€35,431€26,692▼ 24.7%
Deferred charges and accrued income490/1---€16,914€2,657€3,886€4,603€4,206▼ 8.6%
Equity and liabilities
Total equity and liabilities10/49€220,273€198,741€262,334€269,799€245,507€314,008€338,378€374,289▲ 10.6%
Equity10/15-€20,218-€1,189€66,941€79,927€119,552€172,993€207,987€231,516▲ 11.3%
Contributions10/11€74,000€74,000€74,000€74,000€74,000€74,000€74,000€74,000=
Capital10---€74,000€74,000€74,000€74,000€74,000=
Issued capital100---€74,000€74,000€74,000€74,000€74,000=
Reserves13€7,437€7,437€7,437€7,437€7,437€7,437€7,437€7,437=
Non-distributable reserves130/1---€7,437€7,437€7,437€7,437€7,437=
Legal reserve130---€7,437€7,437€7,437€7,437€7,437=
Profit (loss) carried forward14-€101,655-€82,626-€14,495-€1,509€38,115€91,557€126,550€150,079▲ 18.6%
Amounts payable17/49€240,491€199,931€195,393€189,871€125,955€141,014€130,391€142,773▲ 9.5%
Amounts payable within one year42/48€233,629€195,159€195,005€189,834€125,917€140,977€130,346€116,883▼ 10.3%
Financial debts43---€55,000€17,771€20,787€15,484€13,701▼ 11.5%
Credit institutions430/8-----€20,787---
Other loans439---€55,000€17,771-€15,484€13,701▼ 11.5%
Trade debts44€49,992€67,074€82,797€73,238€82,085€86,546€80,504€69,214▼ 14.0%
Suppliers440/4---€73,238€82,085€86,546€80,504€69,214▼ 14.0%
Taxes, remuneration and social security45---€51,607€22,761€30,344€29,959€31,107▲ 3.8%
Taxes450/3---€51,607€22,761€8,126-€7,740-
Remuneration and social security454/9-----€22,218€29,959€23,367▼ 22.0%
Other amounts payable47/48---€9,990€3,300€3,300€4,400€2,860▼ 35.0%
Accrued charges and deferred income492/3---€38€38€38€45€25,891▲ 57,435%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€45,826€19,029€68,131€12,986€42,924€56,742€39,393€26,389▼ 33.0%
+ Depreciation and write-downs630€5,739€6,128€3,864€10,788€8,620€6,620€6,336€7,791▲ 23.0%
Operating cash flow (approximation)€51,564€25,156€71,995€23,774€51,545€63,361€45,729€34,180▼ 25.3%
Investment in fixed assets (approximation)--€8,086-€5,418-€28,973-€1,624€0€0-€44,527-
Change in cash--€33,762-€29,976€23,125-€3,706-€25,611-€735-€8,739▼ 1,089%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 42 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 18-05-2026 2026-00114779
31-12-2024 abbreviated format 16-05-2025 2025-00101214
31-12-2023 abbreviated format 28-05-2024 2024-00102198
31-12-2022 abbreviated format 12-05-2023 2023-00089261
31-12-2021 abbreviated format 13-05-2022 2022-20029083
31-12-2020 abbreviated format 21-06-2021 2021-22400449
31-12-2019 abbreviated format 13-07-2020 2020-31300110
31-12-2018 abbreviated format 24-06-2019 2019-22100061
31-12-2017 micro format 04-07-2018 2018-28900154
31-12-2016 full format 27-06-2017 2017-22500318

Show all 42 filings

Similar companies · same sector, comparable size

Of the 16,956 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,928. 6,537 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.