CYTECH SYSTEMS
ActiveCYTECH SYSTEMS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €329k and a net result of €53k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 48% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81=
Solvency86▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.09 against 3.33 in 2023; short-term debt: 26.8% and cash: 76.2% of total assets), and 39.4% 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
2 d early
2022
31 d early
2021
31 d early
2020
31 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€329k▲ 5.7%
2023 · €311k
2018: €88k
2019: €126k
2020: €168k
2021: €232k
2022: €277k
2023: €311k
2018 → 2024
Total assets
€543k▲ 4.0%
2023 · €522k
2018: €354k
2019: €369k
2020: €410k
2021: €442k
2022: €471k
2023: €522k
2018 → 2024
Net result
€53k▲ 3.4%
2023 · €51k
2018: €18k
2019: €38k
2020: €42k
2021: €64k
2022: €45k
2023: €51k
2018 → 2024
Working capital
€305k▲ 6.8%
2023 · €286k
2018: €91k
2019: €126k
2020: €152k
2021: €204k
2022: €251k
2023: €286k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€168k-€232k▲ 38.3%€277k▲ 19.5%€311k▲ 12.3%€329k▲ 5.7%
Operating result€60k-€87k▲ 44.0%€67k▼ 22.5%€75k▲ 11.9%€78k▲ 3.4%
Net result€42k-€64k▲ 53.9%€45k▼ 29.6%€51k▲ 13.0%€53k▲ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €543k
Fixed assets
€92k▼ 19.4%
Current assets
€451k▲ 10.5%
Equity and liabilities €543k
Equity
€329k▲ 5.7%
Debt
€214k▲ 1.4%
The debt ratio falls from 40.4% to 39.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103k▲
2023 · €99k
Cash flow
€78k▲
2023 · €75k
Solvency
60.6%▲
2023 · 59.6%
Current ratio
3.09▼
2023 · 3.33
Quick ratio
3.09▼
2023 · 3.33
Debt / equity
0.65▼
2023 · 0.68
ROE
16.1%▼
2023 · 16.4%
ROA
9.7%▼
2023 · 9.8%
Interest coverage
15.98▼
2023 · 27.13
Debt
€214k▲
2023 · €211k
Debt ≤ 1 year
€146k▲
2023 · €122k
Debt > 1 year
€68k▼
2023 · €88k
Income taxes
€20k▼
2023 · €21k
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
Assets
Total assets20/58€522k€543k▲
Fixed assets21/28€114k€92k▼
Tangible fixed assets22/27€112k€90k▼
Land and buildings22€82k€66k▼
Plant, machinery and equipment23€27k€19k▼
Furniture and vehicles24€3k€5k▲
Financial fixed assets28€2k€2k=
Current assets29/58€408k€451k▲
Amounts receivable within one year40/41€33k€35k▲
Trade receivables40€33k€35k▲
Other amounts receivable41-€638
Cash at bank and in hand54/58€374k€414k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€522k€543k▲
Equity10/15€311k€329k▲
Contributions10/11€12k€12k=
Reserves13€298k€315k▲
Distributable reserves133€298k€315k▲
Profit (loss) carried forward14€1k€2k▲
Amounts payable17/49€211k€214k▲
Amounts payable after more than one year17€88k€68k▼
Financial debts170/4€88k€68k▼
Amounts payable within one year42/48€122k€146k▲
Current portion of amounts payable after more than one year42€20k€20k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€32k€18k▼
Taxes450/3€32k€18k▼
Other amounts payable47/48€69k€106k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€102k€105k▲
Operating profit (loss)9901€75k€78k▲
Financial income75/76B€473€1k▲
Recurring financial income75€473€1k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Non-recurring financial charges66B€163-
Profit (loss) for the period before taxes9903€72k€73k▲
Income taxes67/77€21k€20k▼
Profit (loss) for the period9904€51k€53k▲
Profit (loss) for the period to be appropriated9905€51k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€54k▲
Profit (loss) brought forward from the previous period14P€917€1k▲
Transfer from equity791/2€17k€35k▲
Transfer to equity691/2€51k€52k▲
To other reserves6921€51k€52k▲
Profit to be distributed694/7€17k€35k▲
Return on contributions (dividend)694€17k€35k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €64k ▲53.9%
Operating result €87k, net result €64k, both a record.
31-12
Financial
Equity above €200kEq €232k ▲38.3%
4 profitable years in a row build equity to €232k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €168k ▲33.2%
3 profitable years in a row build equity to €168k.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Equity above €100kEq €126k ▲43.5%
2 profitable years in a row build equity to €126k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Etterbeek · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Victor Jacobslaan 741040 EtterbeekGround area
113 m²
Building footprint
79 m²
Volume, LiDAR
946 m³
Parcel 21363B0482/00S007, Brussels · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Victor Jacobslaan 74, 1040 Etterbeek
since 19982.086.018.751
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0482/00S007 | Brussels | 113 m² | 1 · 79 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
699400NCPV0TCET1PT85
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,066 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-1998
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
46500Wholesale of information and communication equipment
46643Wholesale of electrical equipment, including installation materials
46660Wholesale trade
51850
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.