Equity
€364,008 ▲ 10.6%
CYTECH SYSTEMS has made a profit without a break since 2018.
CYTECH SYSTEMS
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €123,405 (2025)
€123,405▲ 17.2%
lowest -€26,757 (2017)
€64,836▲ 22.7%
peak €364,008 (2025)
€364,008▲ 10.6%
€216,040▲ 1.2%
Board1 name since 2021
1 directorCARL Natasha
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €105,313 to €123,405Dividend €30,000
Key points
from the 2025 annual accountsFilings
28 annual accounts since 1998
Three of the last ten came late. The 2019 accounts came latest: 17 days after the end of the period.
Position in the sector
€364,008
More equity than 91% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
Checked score
95
Excellent
Financially stronger than 57% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
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: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.04, cash €474,076
Size: total assets €580,048
Equity €364,008 (62.8% of total assets)
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 55% of them on solvency, 74% on liquidity, 44% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as CYTECH SYSTEMS has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of CYTECH SYSTEMS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for CYTECH SYSTEMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.04 (3.09 in 2024), above the usual 1.5. Short-term debt is 29.1% and cash 81.7% of total assets. 37.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
6 days early
2023
2 days early
2022
31 days early
2021
31 days early
2020
31 days early
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0462881921
Change of role: CARL Natasha, from manager to director
Director discharge: CARL Natasha · Gazette deed
First establishment
Victor Jacobslaan 74, Etterbeek
Incorporation
published on 27-03-1998 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYTECH SYSTEMS Etterbeek | €580,048 | €123,405 | 62.8% | - |
| INFOPOLIS Jette | €691,331 | €130,008 | 73.1% | - |
| LOECKX Halle | €571,339 | €116,335 | 76.4% | - |
| I.T. POWER Boechout | €646,510 | €132,240 | 63.1% | - |
| INTEGRATED BUSINESS SOFTWARE SERVICES Assenede | €574,318 | €143,701 | 52.5% | - |
| abidax Zedelgem | €682,926 | €129,976 | 60.6% | - |
| SKA CONSULTANTS Brasschaat | €490,093 | €126,552 | 91.0% | - |
These companies have the same main activity as CYTECH SYSTEMS: computer programming (NACE 62100). They are comparable in size and age: total assets between €490,000 and €691,000, founded between 1996 and 2000.
Official details
Source: KBO- Status
- Active since 16-03-1998Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.086.018.7511040 Etterbeek, since 23-03-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Annual accounts 2025
- ≈ €180,000estimated
- €580,048▲ 6.9%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on CYTECH SYSTEMS
CYTECH SYSTEMS files the micro format. That format states no turnover. The gross margin rose from €8,486 in 2006 to €123,405 in 2025.
The balance sheet grew most in 2009 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CYTECH SYSTEMS
- What is the company number of CYTECH SYSTEMS?
- The company number of CYTECH SYSTEMS is 0462.881.921. The VAT number is the same number with BE in front: BE 0462.881.921.
- Where is CYTECH SYSTEMS based?
- The registered office is at Victor Jacobslaan 74, 1040 Etterbeek.Company details
- What does CYTECH SYSTEMS do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of CYTECH SYSTEMS?
- CYTECH SYSTEMS is a private limited company (BV).
- When was CYTECH SYSTEMS founded?
- CYTECH SYSTEMS was founded on 16-03-1998.
- Is CYTECH SYSTEMS still active?
- Yes, CYTECH SYSTEMS is an active enterprise in the KBO register.
- What is the turnover of CYTECH SYSTEMS?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €123,405 and 32 comparable companies (NACE 62100). It probably lies between €150,000 and €260,000.Financials
- Is CYTECH SYSTEMS profitable?
- In financial year 2025, CYTECH SYSTEMS made a profit of €64,836.
- Where can I find the annual accounts of CYTECH SYSTEMS?
- CYTECH SYSTEMS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CYTECH SYSTEMS due?
- CYTECH SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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