COMPUTING SYSTEM ENGINEERING
ActiveSummary
COMPUTING SYSTEM ENGINEERING has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,737 and a net result of €34,429. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 70% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+46
Solvency100▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 4.41 against 3.5 in 2024; short-term debt: 22.2% and cash: 67.6% of total assets), and 22.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.1%
Return on assets
11%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
22 d early
2023
1 d late
2022
21 d early
2021
55 d early
2020
19 d late
2019
49 d 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 25 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Montigny-le-Tilleul, Telecoms and IT sector#3 company by equity in Montigny-le-Tilleul, Telecoms and IT sector#4 company by total assets in Montigny-le-Tilleul, Telecoms and IT sector
Equity
€241,737▼ 4.1%
2024 · €252,008
Total assets
€313,530▼ 11.1%
2024 · €352,568
Net result
€34,429▲ 141%
2024 · €14,266
Working capital
€237,726▼ 5.4%
2024 · €251,233
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,496▲ 448%€82,184▲ 236%€132,829▲ 61.6%€30,147▼ 77.3%€53,821▲ 78.5%
Net result€18,164within the sector's middle half▲ 1,202%€3,829within the sector's middle half▼ 78.9%€41,669within the sector's middle half▲ 988%€14,266within the sector's middle half▼ 65.8%€34,429within the sector's middle half▲ 141%
Equity€245,118above the sector's middle half▲ 8.0%€248,947above the sector's middle half▲ 1.6%€290,617above the sector's middle half▲ 16.7%€252,008above the sector's middle half▼ 13.3%€241,737above the sector's middle half▼ 4.1%
Total assets€300,256above the sector's middle half▲ 0.8%€288,748above the sector's middle half▼ 3.8%€359,788above the sector's middle half▲ 24.6%€352,568above the sector's middle half▼ 2.0%€313,530above the sector's middle half▼ 11.1%
Debt€55,138▼ 22.2%€39,801▼ 27.8%€69,171▲ 73.8%€100,560▲ 45.4%€71,793▼ 28.6%
Working capital€215,825above the sector's middle half▲ 2.7%€221,105above the sector's middle half▲ 2.4%€279,975above the sector's middle half▲ 26.6%€251,233above the sector's middle half▼ 10.3%€237,726above the sector's middle half▼ 5.4%
Solvency81.6%above the sector's middle half▲ 5.4pp86.2%above the sector's middle half▲ 4.6pp80.8%above the sector's middle half▼ 5.4pp71.5%within the sector's middle half▼ 9.3pp77.1%within the sector's middle half▲ 5.6pp
Current ratio6.51above the sector's middle half▲ 0.636.83above the sector's middle half▲ 0.325.05above the sector's middle half▼ 1.783.50within the sector's middle half▼ 1.554.41within the sector's middle half▲ 0.92
Return on assets (ROA)6.0%within the sector's middle half▲ 5.6pp1.3%below the sector's middle half▼ 4.7pp11.6%within the sector's middle half▲ 10.3pp4.0%below the sector's middle half▼ 7.5pp11.0%within the sector's middle half▲ 6.9pp
Staff (FTE)11=1=
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 79% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €313,530
Fixed assets
€6,178 ▲ 697%
Current assets
€307,352 ▼ 12.6%
Equity and liabilities €313,530
Equity
€241,737 ▼ 4.1%
Debt
€71,793 ▼ 28.6%
Debt's share of the balance-sheet total falls from 28.5% to 22.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€54,568▲
2024 · €32,017
Cash flow
€35,176▲
2024 · €16,136
Debt to equity
0.30▼
2024 · 0.40
ROE
14.2%▲
2024 · 5.7%
Interest coverage
9.94▲
2024 · 1.42
Debt ≤ 1 year
€69,626▼
2024 · €100,560
Income taxes
€14,562▲
2024 · €8,091
Staff costs
€55,700▲
2024 · €51,286
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% 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%
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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 31,370 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,379 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €51,576 | €50,329 | €54,277 | €51,286 | €55,700 | ▲ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,906 | €17,805 | €6,503 | €1,870 | €747 | ▼ 60.1% |
| Other operating charges640/8 | €1,232 | €1,052 | €783 | €170 | €267 | ▲ 57.1% |
| Gross operating margin9900 | €94,209 | €151,370 | €194,392 | €83,473 | €110,535 | ▲ 32.4% |
| Operating profit (loss)9901 | €24,496 | €82,184 | €132,829 | €30,147 | €53,821 | ▲ 78.5% |
| Financial income75/76B | €1 | - | - | €14,713 | €662 | ▼ 95.5% |
| Recurring financial income75 | €1 | - | - | €14,713 | €662 | ▼ 95.5% |
| Financial charges65/66B | €218 | €76,022 | €72,181 | €22,503 | €5,492 | ▼ 75.6% |
| Recurring financial charges65 | €218 | €76,022 | €72,181 | €22,503 | €5,492 | ▼ 75.6% |
| Profit (loss) for the period before taxes9903 | €24,279 | €6,161 | €60,648 | €22,357 | €48,991 | ▲ 119% |
| Income taxes67/77 | €6,115 | €2,332 | €18,979 | €8,091 | €14,562 | ▲ 80.0% |
| Profit (loss) for the period9904 | €18,164 | €3,829 | €41,669 | €14,266 | €34,429 | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €18,164 | €3,829 | €41,669 | €14,266 | €34,429 | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €300,256 | €288,748 | €359,788 | €352,568 | €313,530 | ▼ 11.1% |
| Fixed assets21/28 | €45,233 | €29,699 | €10,642 | €775 | €6,178 | ▲ 697% |
| Tangible fixed assets22/27 | €45,077 | €29,542 | €10,486 | €619 | €6,022 | ▲ 873% |
| Land and buildings22 | - | - | - | - | €5,887 | - |
| Plant, machinery and equipment23 | €3,844 | €2,728 | €1,612 | €499 | €135 | ▼ 72.9% |
| Furniture and vehicles24 | €40,771 | €26,814 | €8,874 | €120 | - | - |
| Other tangible fixed assets26 | €462 | - | - | - | - | - |
| Financial fixed assets28 | €156 | €156 | €156 | €156 | €156 | = |
| Current assets29/58 | €255,022 | €259,050 | €349,146 | €351,793 | €307,352 | ▼ 12.6% |
| Amounts receivable within one year40/41 | €21,390 | €104,459 | €171,393 | €135,996 | €92,597 | ▼ 31.9% |
| Trade receivables40 | €20,050 | €104,459 | €171,393 | €132,996 | €92,597 | ▼ 30.4% |
| Other amounts receivable41 | €1,340 | €0 | - | €3,000 | - | - |
| Current investments50/53 | €11,549 | €10,745 | - | - | - | - |
| Cash at bank and in hand54/58 | €217,844 | €143,060 | €174,277 | €215,367 | €212,053 | ▼ 1.5% |
| Deferred charges and accrued income490/1 | €4,239 | €786 | €3,476 | €430 | €2,702 | ▲ 528% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €300,256 | €288,748 | €359,788 | €352,568 | €313,530 | ▼ 11.1% |
| Equity10/15 | €245,118 | €248,947 | €290,617 | €252,008 | €241,737 | ▼ 4.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | €6,200 | - | - | - | - |
| Other1109/19 | €6,200 | €6,200 | - | - | - | - |
| Reserves13 | €202,671 | €202,671 | €244,271 | €205,396 | €195,121 | ▼ 5.0% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | €13,812 | €13,812 | €13,812 | €13,812 | €13,812 | = |
| Distributable reserves133 | €187,000 | €187,000 | €228,600 | €189,725 | €179,450 | ▼ 5.4% |
| Profit (loss) carried forward14 | €36,247 | €40,077 | €40,146 | €40,412 | €40,416 | = |
| Amounts payable17/49 | €55,138 | €39,801 | €69,171 | €100,560 | €71,793 | ▼ 28.6% |
| Amounts payable after more than one year17 | €15,940 | €1,856 | - | - | - | - |
| Financial debts170/4 | €15,940 | €1,856 | - | - | - | - |
| Amounts payable within one year42/48 | €39,197 | €37,945 | €69,171 | €100,560 | €69,626 | ▼ 30.8% |
| Current portion of amounts payable after more than one year42 | €11,824 | €13,012 | - | - | - | - |
| Trade debts44 | €11,757 | €2,723 | €3,636 | - | €2,486 | - |
| Suppliers440/4 | €11,757 | €2,723 | €3,636 | - | €2,486 | - |
| Taxes, remuneration and social security45 | €14,840 | €22,002 | €65,368 | €47,519 | €22,129 | ▼ 53.4% |
| Taxes450/3 | €8,249 | €17,780 | €59,030 | €41,089 | €15,472 | ▼ 62.3% |
| Remuneration and social security454/9 | €6,590 | €4,222 | €6,338 | €6,430 | €6,657 | ▲ 3.5% |
| Other amounts payable47/48 | €777 | €208 | €167 | €53,041 | €45,011 | ▼ 15.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,167 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,164 | €3,829 | €41,669 | €14,266 | €34,429 | ▲ 141% |
| + Depreciation and write-downs630 | €16,906 | €17,805 | €6,503 | €1,870 | €747 | ▼ 60.1% |
| Operating cash flow (approximation) | €35,070 | €21,634 | €48,172 | €16,136 | €35,176 | ▲ 118% |
| Investment in fixed assets (approximation) | - | -€2,270 | €12,554 | €7,997 | -€6,150 | ▼ 177% |
| Change in cash | - | -€74,784 | €31,217 | €41,090 | -€3,314 | ▼ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Back to profitnet €1,395
Net result €1,395 after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€3,143
Net result drops to -€3,143, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Montigny-le-Tilleul · 1 establishment unit since 1995
Ground area
750 m²
Building footprint
115 m²
Volume, LiDAR
943 m³
Parcel 52048D0081/00H007, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Marbaix 213, 6110 Montigny-le-Tilleul
since 19952.070.421.250
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048D0081/00H007 | Wallonia | 750 m² | 1 · 115 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500X6762TYQK6CE53
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,398. 14,280 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-02-1995
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
77340Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454460143
Registered
01-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.