COMPOSITE SYSTEMS has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€216) and a net result of -€11,926. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 17% of 155 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
COMPOSITE SYSTEMS was incorporated on 7 June 2001.1The registered office was moved to Liege in 2025.2Total assets fell from €97,003 in 2019 to €27,166 in 2025.3
Registered-office move, rue Albert duesberg 4/13 4000 LIEGE
Shareholding, Mouna LYAZGHI
27-02
NBB filingAnnual accounts filed
financial year 2024 · micro format · 27 days late
2024
30-06
FinancialHighest result from 2019 to 2025net €34,716 ▲0.2%
Operating result €40,481, net result €34,716, both a record.
28-02
NBB filingAnnual accounts filed
financial year 2023 · micro format · 28 days late
2023
30-06
FinancialBack to profitnet €34,654
Net result €34,654 after 4 loss-making years.
30-06
FinancialLiquidity more than quadruplescurrent ratio 23.23
Current ratio from 5.52 to 23.23; short-term debt falls from €5,874 to €2,550.
26-02
NBB filingAnnual accounts filed
financial year 2022 · micro format · 26 days late
2022
28-02
NBB filingAnnual accounts filed
financial year 2021 · micro format · 28 days late
2021
30-06
FinancialWeakest financial yearnet -€18,990
Net result drops to -€18,990, the lowest in the series; recovery starts the following year.
28-02
NBB filingAnnual accounts filed
financial year 2020 · micro format · 28 days late
2020
28-02
NBB filingAnnual accounts filed
financial year 2019 · micro format · 28 days late
Show earlier events
2019
25-02
NBB filingAnnual accounts filed
financial year 2018 · micro format · 25 days late
2018
26-02
NBB filingAnnual accounts filed
financial year 2017 · micro format · 26 days late
2017
28-02
NBB filingAnnual accounts filed
financial year 2016 · full format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.