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Cincom Systems International

Active
Public limited companyfounded 197254 years activeHerrmann-Debrouxlaan 40/42, 1160 Oudergem, BelgiumKBO/BCE: BE 0412.655.024
Summary

Cincom Systems International has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.1m and a net result of €913,280. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 30% of 410 sector peers (NACE 62, fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
#1 oldest company in Oudergem, Telecoms and IT sector1 site
Size
€3.3mturnover 2026
Staff
4 FTE
Equity
€2.1m
Profit
€913,280
Turnover +99%: 12-month year
Financial health
94 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Cincom Systems, Inc. · 100%
Holdings
1
Accounts 39 days early0 of 26 deeds read
Why 94- Liquidity: current ratio 5.50, cash €76,450+ Size: turnover €3.3m, 4 FTE, total assets €6.2m+ Founded in 1972+ Legal form Public limited companyShow the evidence

Checked score

Score 2026
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 62, micro)
Financial strength · tick = 2025
Strong
Solvency 59-8
equity 34.4% of total assets
Liquidity 47+8
short-term debt 18.0% · cash 1.2%
Profitability 91+2
return on assets 14.8%
Bankruptcy probability, 12 months
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% (25,832 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 5.5 against 2.75 in 2025; short-term debt: 18% and cash: 1.2% of total assets), but 65.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 32% on solvency, 22% on liquidity, 55% on profitability and 89% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €3.3m, 4 FTE, total assets €6.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 5.50, cash €76,450
NBB · annual accounts
lowers risk · Founded in 1972
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Legal form Public limited company
KBO
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year €2.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-09-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
39 days early
2025
on the day
2024
27 days early
2023
27 days early
2022
76 days early
2021
30 days early
2020
53 days early
← 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 36 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 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
08-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · full…
  2. Highest result since 2019net €913,280 ▲163%
  3. Liquidity doublescurrent ratio 5.50

Key points

  • Turnover rose in 202612-month fiscal year ▲ 99.3% View
  • Positive: Oldest company in Oudergem, Telecoms and IT sectorin the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €913,280 8 years View
  • Active since 1972founded 20-09-1972 54 years View
  • Known shareholderslargest: Cincom Systems, Inc. 100% 100% View

By topic

Financials

Fiscal year
2026
Turnover
€3.3m
Profit
€913,280
Solvency
34.4%
Turnover▲ 99.3%
Net result
20192026
Go to Financials

Timeline

Events
16
Since
2018
Next accounts
by 31-10-2027
  1. 31-03-2026Equity above €2m
  2. 31-10-2025Annual accounts filed
  3. 03-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
20-09-1972
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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