CONCEPT SYSTEMS
ActiveCONCEPT SYSTEMS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €221k and a net result of €18k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 20795 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+2
Solvency100=
Growth62▼-2
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 10.42 against 6.13 in 2023), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 62
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
86 d late
2022
53 d late
2021
34 d late
2020
16 d early
2019
78 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€44k▼ 1.9%
2023 · €44k
2022: €44k
2023: €44k
2022 → 2024
EBIT margin
45.8%▲ 7.9pp
2023 · 37.8%
2022: 31.5%
2023: 37.8%
2022 → 2024
Net result
€18k▲ 18.5%
2023 · €16k
2022: €12k
2023: €16k
2022 → 2024
Working capital
€154k▲ 24.2%
2023 · €124k
2022: €97k
2023: €124k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€44k-€44k▲ 0.8%€44k▼ 1.9%
Equity€187k-€203k▲ 8.3%€221k▲ 9.1%
Operating result€14k-€17k▲ 21.1%€20k▲ 18.7%
Net result€12k-€16k▲ 30.6%€18k▲ 18.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 19% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€67k▼ 14.8%
Current assets
€170k▲ 15.0%
Equity and liabilities €237k
Equity
€221k▲ 9.1%
Debt
€16k▼ 32.4%
The debt ratio falls from 10.7% to 6.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▲
2023 · €28k
Cash flow
€30k▲
2023 · €27k
Solvency
93.1%▲
2023 · 89.3%
Current ratio
10.42▲
2023 · 6.13
Quick ratio
10.42▲
2023 · 6.13
Debt / equity
0.07▼
2023 · 0.12
ROE
8.3%▲
2023 · 7.7%
ROA
7.7%▲
2023 · 6.8%
Interest coverage
17.51▲
2023 · 13.69
Debt
€16k▼
2023 · €24k
Debt ≤ 1 year
€16k▼
2023 · €24k
Income taxes
€8k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Total assets
20/58€227k€237k▲
Fixed assets
21/28€79k€67k▼
Tangible fixed assets
22/27€79k€67k▼
Financial fixed assets
28€62€62=
Current assets
29/58€148k€170k▲
Amounts receivable within one year
40/41€118k€140k▲
Total equity & liabilities
10/49€227k€237k▲
Equity
10/15€203k€221k▲
Contributions / capital
10/11€19k€19k=
Reserves
13€2k€2k=
Accumulated profits (losses)
14€182k€201k▲
Amounts payable
17/49€24k€16k▼
Amounts payable within one year
42/48€24k€16k▼
Income statement
Code20232024
Turnover
70€44k€44k▼
Gross operating margin
9900€32k€34k▲
Operating result
9901€17k€20k▲
Financial income
75€7k€8k▲
Financial charges
65€2k€2k▼
Result before taxes
9903€22k€26k▲
Income taxes
67/77€6k€8k▲
Net result for the period
9904€16k€18k▲
Result to be appropriated
9905€16k€18k▲
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Highest result since 2022net €18k ▲18.5%
Operating result €20k, net result €18k, both a record.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
31-12
Financial
Equity above €200kEq €203k ▲8.3%
2 profitable years in a row build equity to €203k.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
03-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 34 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 78 days late
2019
22-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 90 days late
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 455 days late
29-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 820 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
COBALT GROUP
BE 0806.684.959
Diepenbeek · Eq €221k
Ict.Art
BE 0478.895.829
Begijnendijk · Eq €221k
DUOFLOW
BE 0882.093.749
Mortsel · Eq €221k
EXPRESS-DESK SOLUTIONS
BE 0649.418.760
Lasne · Eq €221k
MERCIT
BE 0729.699.326
Merelbeke-Melle · Eq €221k
Of 16,864 companies in sector 62100 we hold annual accounts for 8,564. 6,376 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-04-1987
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 15-07-2026. Scores and ratios are computed by Checked and are not a credit decision.