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 has been growing by about 38% per year since 2018. Its solvency ranks better than 63% of 3,395 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Score breakdownraises riskSize: 2 FTE, total assets €374,289lowers riskFounded in 1983Sector: Computer programming, consultancy and related activities (NACE 62)Equity €231,516 (61.9% of total assets)Show the evidence
Checked score
Score 2025
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
93/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in computer programming and consultancy (NACE 62)
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Strong
Solvency87+1
equity 61.9% of total assets
Liquidity46+1
short-term debt 31.2% · cash 7.1%
Profitability78-5
return on assets 7.1%
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (25,915 companies, NACE 62, micro)
Last 24 months12-2024: < 0.1%lowest value01-2025: < 0.1%● unchanged vs 12-2024lowest value02-2025: < 0.1%● unchanged vs 01-2025lowest value03-2025: < 0.1%● unchanged vs 02-2025lowest value04-2025: < 0.1%● unchanged vs 03-202505-2025: < 0.1%● unchanged vs 04-202506-2025: 0.1%▲ +0.1 percentage points vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.1%● unchanged vs 07-202509-2025: 0.1%● unchanged vs 08-202510-2025: 0.1%● unchanged vs 09-202511-2025: 0.1%● unchanged vs 10-202512-2025: 0.1%● unchanged vs 11-202501-2026: 0.1%● unchanged vs 12-202502-2026: 0.1%● unchanged vs 01-202603-2026: 0.1%● unchanged vs 02-202604-2026: 0.1%● unchanged vs 03-202605-2026: 0.1%● unchanged vs 04-202606-2026: 0.1%● unchanged vs 05-2026highest value07-2026: 0.1%● unchanged vs 06-2026highest value08-2026: 0.1%● unchanged vs 07-2026highest value09-2026: 0.1%● unchanged vs 08-2026highest value10-2026: 0.1%● unchanged vs 09-2026highest value11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.83 (2.55 in 2024), above the usual 1.5. Short-term debt is 31.2% and cash 7.1% of total assets. 38.1% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
75-100
Excellent
under 0.55%
60-74
Healthy
0.55% to 1.5%
45-59
Fair
1.5% to 4.2%
25-44
Weak
4.2% to 15.0%
0-24
Critical
over 15.0%
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 54% of them on solvency, 21% on liquidity, 37% on profitability and 58% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 62 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 May (5 of the last 5 accounts filed within 30 days either side of that date).
The net result is what is left after all costs and taxes. One loss year is not an alarm on its own. After several loss years in a row, it pays to find out why.
Working capital is what is left when the company pays its short-term debts with its short-term assets. Positive means it can pay its bills in the short term.
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%
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=
abovewithinbelowThe sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 16% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374,289
12%
88.5%
Fixed assets€43,080 ▲ 579%
Current assets€331,209 ▼ 0.2%
Equity and liabilities €374,289
61.9%
38.1%
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.
Staff
social balance sheet
Item
31-12-2021
31-12-2022
31-12-2023
31-12-2024
31-12-2025
Employees at the balance-sheet date
2
2
2
2
2
full-time
2
2
2
2
2
in full-time equivalents
2
2
2
2
2
Average over the year, in full-time equivalents
2
2
2
2
2
On a permanent contract
2
2
2
2
2
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired
Item
2021
2022
2023
2024
2025
Tangible fixed assets
€28,973
€1,624
-
-
€44,527
Depreciation and write-downs of the year
€10,788
€8,620
€6,620
€6,336
€7,791
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 52 lines
Balance sheetCode20242025
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 statementCode20242025
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 have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
The figures are counted, not predicted. They describe the group, not Advanced Computer Systems Technics.
In July 2024, 31,368 companies had the same profile as Advanced Computer Systems Technics has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
93.5%was still going
5.9%stopped otherwise
0.5%went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Advanced Computer Systems Technics itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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
3.0%
3.1%
10
5.6%
6.2%
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 31,368 companies, not a prediction for Advanced Computer Systems Technics. 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.
Director · since 19-04-2022 · 6-year term from 2022 · Private limited company · permanent representative: Henk Cardon · also on the board of 20 other companies · listed in the 2025 annual accounts, filed on 18-05-2026
Director · since 19-04-2022 · 6-year term from 2022 · Private limited company · permanent representative: Rikkert Leeman · also on the board of 22 other companies · listed in the 2025 annual accounts, filed on 18-05-2026
Director · since 19-04-2022 · 6-year term from 2022 · Private limited company · permanent representative: Thomas Osselaer · also on the board of 14 other companies · listed in the 2025 annual accounts, filed on 18-05-2026
Director (not named in the articles) · since 26-04-2023 · term until the 2028 general meeting · Private limited company · permanent representative: DE BONDT Sven · also on the board of 14 other companies · listed in the 2025 annual accounts, filed on 18-05-2026
Current
Permanent representatives 4
HC
Henk Cardon
Permanent representative · in office according to the act of 22-07-2022 · for HLSC
Current
RL
Rikkert Leeman
Permanent representative · in office according to the act of 22-07-2022 · for Real Value Management
Current
TO
Thomas Osselaer
Permanent representative · in office according to the act of 22-07-2022 · for T-Lex
Current
SD
DE BONDT Sven
Permanent representative · appointed in the act of 31-05-2023 · for URBINO
Current
Statutory auditor 1
DB
DELOITTE Bedrijfsrevisoren BV
Statutory auditor · appointed in the act of 31-05-2023 · permanent representative: Ben Vandeweyer
The owners of Advanced Computer Systems Technics are in the annual accounts the companies file themselves. The chain of control runs up to the highest known parent.
Equity €108.3mProfit of €26.6m in 2025 (profit of €12.3m in 2024)Checked score 95
0.03%
Capital transactions
Capital transactions
A capital increase usually strengthens the company. With a reduction, it pays to find out why.
Capital over time
31-05-2023Capital stated in the deed · €74,000 · 3,000 shares
Mandate history
Mandate history
Each bar is one period in a function, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
Advanced Computer Systems Technics was incorporated on 2 December 1983.1Total assets rose from €220,273 in 2018 to €374,289 in 2025 and headcount from 2 to 2 full-time equivalents.2
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, mag bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen…”