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Conveying systems

Active
Private limited companyfounded 199036 years activeNinovesteenweg 145, 9320 Aalst, BelgiumKBO/BCE: BE 0440.430.181
Summary

Conveying systems has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,452 and a net result of €14,403. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 42% of 3,334 sector peers (NACE 62, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
#3 oldest company in Aalst, Telecoms and IT sector1 site
Size
€143,162total assets 2025
Equity
€53,452
Profit
€14,403
Turnover not published (abridged schema)
Financial health
92 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts filed 31 days late0 of 2 deeds read
Why 92- Latest accounts 31 days late; 2 of the last 3 late+ Sector Computer programming, consultancy and related activities (NACE 62)+ Founded in 1990+ Liquidity: current ratio 3.20, cash €16,519Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Average
Solvency 62-38
equity 37.3% of total assets
Liquidity 53-42
short-term debt 27.6% · cash 11.5%
Profitability 63-6
return on assets 10.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,829 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.3 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: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.2; short-term debt: 27.6% and cash: 11.5% of total assets), but 62.7% 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 34% on solvency, 35% on liquidity, 25% on profitability and 74% on growth.

The bankruptcy probability was computed on 06-10-2026 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
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Founded in 1990
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.20, cash €16,519
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €53,452
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
7 days early
2022
on the day
2021
26 days early
2020
5 days early
2019
4 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 7 days after 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 31 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €14,403 ▲8,816%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Oldest company in Aalst, Telecoms and IT sectorin the Checked rankings #3 View
  • Active since 1990founded 28-03-1990 36 years View
  • Total assets 20256 fiscal years filed €143,162 View

By topic

Financials

Fiscal year
2025
Total assets
€143,162
Profit
€14,403
Solvency
37.3%
Total assets▲ 267%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 24-07-2024Annual accounts filed
  3. 31-12-2023Liquidity triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer programmingNACE 62100
Founded
28-03-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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