Equity
DECISIVE SYSTEM has made a profit without a break since 2016.
DECISIVE SYSTEM has made a profit without a break since 2016.
The result rose in 2025 from €37,008 to €93,440.
The micro format states no turnover.
Short-term debts fell from €59,542 to €28,289.
Nine of the last ten came late. The 2016 accounts came latest: 396 days after the end of the period.
Higher net result than 95% of companies in publishing. Sector median €6,040 · 901 companies.
In July 2024, 34,691 companies had the same profile as DECISIVE SYSTEM has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,691 companies, not a prediction for DECISIVE SYSTEM. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| DECISIVE SYSTEM Ans | €182,949 | €100,932 | 84.5% | - |
| LSIT Soumagne | €198,173 | €81,359 | -3.2% | - |
| CUTESOFT Remicourt | €158,829 | €68,482 | 45.4% | - |
| PROJECT VISION Oudsbergen | €185,996 | €65,122 | 85.0% | - |
| ITHORA CONSULTING Ghent | €183,605 | €63,367 | 79.1% | - |
| novasteria Ottignies-Louvain-la-Neuve | €222,316 | €64,083 | 93.9% | - |
| NICKEL IT Ixelles | €176,719 | €60,103 | 74.1% | - |
These companies have the same main activity as DECISIVE SYSTEM: other software publishing (NACE 58290). They are comparable in size and age: total assets between €159,000 and €222,000, founded between 2011 and 2016.
DECISIVE SYSTEM files the micro format. That format states no turnover. The gross margin rose from €45,908 in 2013 to €100,932 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €170,000 and €390,000.
Higher than 81% of 904 companies in 2025.
Higher than 79% of 830 companies in 2025.
Higher than 93% of 855 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
182,949 | 155,931 | 147,294 | 129,170 | 126,735 | 141,929 | 121,734 | 85,082 | 60,424 | 26,862 | 34,623 | 60,483 | 66,764 | |
20 |
- | - | - | - | - | - | - | - | 120 | 602 | 1,084 | 1,565 | 2,047 | |
21/28 |
11,591 | 17,156 | 17,692 | 33,160 | 42,481 | 25,749 | 30,846 | 6,744 | 12,182 | 16,885 | 11,996 | 19,504 | 24,444 | |
21 |
- | - | - | - | - | 0 | 2,400 | 4,800 | 8,290 | 13,077 | 5,863 | 8,250 | 7,344 | |
22/27 |
10,621 | 16,186 | 16,722 | 32,190 | 41,511 | 24,779 | 27,476 | 974 | 2,922 | 2,838 | 4,079 | 8,719 | 14,083 | |
23 |
- | - | - | - | - | - | - | - | - | 366 | 1,828 | 3,291 | 4,753 | |
24 |
10,233 | 15,375 | 15,489 | 30,536 | 39,434 | 24,779 | 27,476 | 974 | 2,922 | 2,472 | 2,251 | 5,429 | 9,330 | |
26 |
388 | 810 | 1,232 | 1,654 | 2,076 | - | - | - | - | - | - | - | - | |
28 |
970 | 970 | 970 | 970 | 970 | 970 | 970 | 970 | 970 | 970 | 970 | 970 | 970 | |
29/58 |
171,358 | 138,775 | 129,602 | 96,010 | 84,254 | 116,180 | 90,888 | 78,338 | 48,121 | 9,376 | 22,627 | 40,979 | 42,320 | |
40/41 |
3,190 | 22,883 | 11,750 | 11,610 | 14,881 | 18,596 | 26,616 | 44,380 | 5,520 | 6,460 | 6,780 | 12,363 | - | |
40 |
0 | 14,819 | 2,707 | 9,001 | 11,470 | 16,326 | 19,501 | 39,980 | - | 2,600 | 4,600 | - | - | |
41 |
3,190 | 8,065 | 9,044 | 2,609 | 3,412 | 2,270 | 7,115 | 4,400 | 5,520 | 3,860 | 2,180 | 12,363 | - | |
50/53 |
0 | 100,810 | 77,930 | 50,766 | - | - | - | - | - | - | - | - | - | |
54/58 |
163,772 | 10,318 | 36,693 | 29,714 | 66,280 | 95,695 | 62,339 | 32,891 | 40,761 | 1,988 | 13,664 | 26,548 | 40,892 | |
490/1 |
4,396 | 4,763 | 3,229 | 3,920 | 3,093 | 1,889 | 1,933 | 1,067 | 1,839 | 928 | 2,183 | 2,069 | 1,428 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
182,949 | 155,931 | 147,294 | 129,170 | 126,735 | 141,929 | 121,734 | 85,082 | 60,424 | 26,862 | 34,623 | 60,483 | 66,764 | |
10/15 |
154,660 | 96,389 | 107,441 | 83,416 | 76,563 | 81,073 | 52,757 | 29,424 | 43,194 | 25,692 | 19,314 | 32,965 | 42,727 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
142,260 | 83,989 | 95,041 | 71,016 | 64,163 | 68,673 | 40,357 | 17,024 | 30,794 | 16,063 | 16,063 | 18,881 | 15,922 | |
130/1 |
1,123 | 1,123 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,636 | 899 | 899 | 899 | 758 | |
1311 |
1,123 | 1,123 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
132 |
15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 15,164 | 17,982 | 15,164 | |
133 |
125,973 | 67,702 | 78,018 | 53,993 | 47,140 | 51,650 | 23,334 | - | 13,995 | - | - | - | - | |
14 |
0 | 0 | 0 | 0 | 0 | - | - | - | - | -2,771 | -9,149 | 1,683 | 14,405 | |
17/49 |
28,289 | 59,542 | 39,853 | 45,754 | 50,171 | 60,856 | 68,976 | 55,658 | 17,229 | 1,171 | 15,309 | 27,519 | 24,037 | |
17 |
- | - | - | 0 | 2,499 | 8,446 | 14,324 | - | - | - | - | - | - | |
170/4 |
- | - | - | 0 | 2,499 | 8,446 | 14,324 | - | - | - | - | - | - | |
42/48 |
28,289 | 59,542 | 39,853 | 45,754 | 47,673 | 51,769 | 54,652 | 55,658 | 17,189 | 1,129 | 15,309 | 27,519 | 24,037 | |
42 |
- | - | 0 | 2,499 | 5,947 | 5,878 | 5,810 | - | - | - | - | - | 2,613 | |
43 |
188 | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
188 | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
2,393 | 8,832 | 5,472 | 3,800 | 2,671 | 4,025 | - | 893 | 1,033 | 330 | - | 8,835 | 6,698 | |
440/4 |
2,393 | 8,832 | 5,472 | 3,800 | 2,671 | 4,025 | - | 893 | 1,033 | 330 | - | 8,835 | 6,698 | |
45 |
19,301 | 2,651 | 19,780 | 24,455 | 38,202 | 32,523 | 26,618 | 23,137 | 12,813 | 625 | 8,850 | 3,284 | 10,971 | |
450/3 |
19,301 | 2,651 | 19,780 | 24,455 | 38,202 | 32,523 | 26,618 | 23,137 | 12,813 | 625 | 8,850 | 3,284 | 10,971 | |
47/48 |
6,408 | 48,060 | 14,600 | 15,000 | 852 | 9,342 | 22,223 | 31,628 | 3,342 | 174 | 6,459 | 15,400 | 3,754 | |
492/3 |
- | - | - | - | 0 | 641 | - | - | 40 | 41 | 0 | - | - | |
| Income statement | ||||||||||||||
9900 |
100,932 | 69,411 | 68,857 | 59,786 | 49,867 | 56,736 | 51,657 | 38,494 | 40,598 | 17,422 | -1,476 | 18,181 | 45,908 | |
630 |
9,912 | 9,383 | 15,468 | 15,399 | 11,462 | 10,168 | 10,349 | 5,559 | 8,104 | 9,433 | 9,076 | 8,927 | 6,149 | |
640/8 |
1,035 | 1,263 | 1,924 | 1,069 | 929 | 1,056 | 1,858 | 1,609 | 1,357 | 1,673 | 1,281 | 1,240 | 436 | |
66A |
271 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
89,714 | 58,765 | 51,465 | 43,318 | 37,477 | 45,511 | 39,450 | 31,326 | 31,137 | 6,316 | -11,833 | 8,015 | 39,323 | |
75/76B |
51,730 | 949 | 681 | 438 | 348 | 0 | - | - | 5 | 571 | 8 | 529 | - | |
75 |
51,730 | 949 | 681 | 438 | 348 | 0 | - | - | 5 | 571 | 8 | 529 | - | |
65/66B |
1,708 | 5,404 | -5,811 | 10,268 | 1,036 | 1,436 | 988 | 372 | 1,465 | 448 | 850 | 183 | 317 | |
65 |
1,708 | 5,404 | -5,811 | 10,268 | 1,036 | 1,436 | 988 | 372 | 1,465 | 448 | 850 | 183 | 317 | |
9903 |
139,736 | 54,310 | 57,957 | 33,488 | 36,789 | 44,076 | 38,462 | 30,954 | 29,677 | 6,439 | -12,675 | 8,361 | 39,006 | |
67/77 |
46,296 | 17,302 | 19,432 | 11,635 | 11,899 | 15,760 | 15,128 | 10,391 | 12,175 | 61 | 976 | 2,723 | 8,679 | |
9904 |
93,440 | 37,008 | 38,525 | 21,853 | 24,890 | 28,316 | 23,334 | 20,563 | 17,502 | 6,378 | -13,651 | 5,637 | 30,327 | |
789 |
- | - | - | - | - | - | - | - | - | - | 2,819 | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | 2,819 | 15,164 | |
9905 |
93,440 | 37,008 | 38,525 | 21,853 | 24,890 | 28,316 | 23,334 | 20,563 | 17,502 | 6,378 | -10,832 | 2,819 | 15,164 | |
| Appropriation of the result | ||||||||||||||
9906 |
93,440 | 37,008 | 38,525 | 21,853 | 24,890 | 28,316 | 23,334 | 20,563 | 14,731 | -2,771 | -9,149 | 17,224 | 15,164 | |
791/2 |
35,169 | 19,560 | - | 0 | 4,510 | - | - | 13,995 | - | - | - | - | - | |
691/2 |
93,440 | 8,508 | 24,025 | 6,853 | 0 | 28,316 | 23,334 | 224 | 14,731 | - | - | 141 | 758 | |
6920 |
- | - | - | - | - | - | - | 224 | 737 | - | - | 141 | 758 | |
6921 |
93,440 | 8,508 | 24,025 | 6,853 | 0 | 28,316 | 23,334 | - | 13,995 | - | - | - | - | |
694/7 |
35,169 | 48,060 | 14,500 | 15,000 | 29,400 | - | - | 34,334 | - | - | - | 15,400 | - | |
694 |
35,169 | 48,060 | 14,500 | 15,000 | 29,400 | - | - | 34,334 | - | - | - | 15,400 | - | |
| Document | ||||||||||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.
2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00420319.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-08-2026 | 2026-00420319 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00418351 | |
| 31-12-2023 | micro format | 08-08-2024 | 2024-00334472 | |
| 31-12-2022 | micro format | 10-08-2023 | 2023-00322318 | |
| 31-12-2021 | micro format | 06-10-2022 | 2022-20452526 | |
| 31-12-2020 | micro format | 10-08-2021 | 2021-47700255 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-22000223 | |
| 31-12-2018 | micro format | 10-09-2019 | 2019-64300295 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61700306 | |
| 31-12-2016 | micro format | 31-08-2018 | 2018-61700304 | |
| 31-12-2015 | full format | 12-07-2016 | 2016-32500291 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57500134 | |
| 31-12-2013 | full format | 02-07-2014 | 2014-27000107 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 99,626 | 68,148 | 66,933 | 58,717 | 48,938 | 55,680 | 49,799 | 36,885 | 39,241 | 15,749 | -2,757 | 16,942 | 45,473 | ||
| 103,352 | 46,390 | 53,993 | 37,252 | 36,351 | 38,484 | 33,683 | 26,122 | 25,606 | 15,812 | -4,575 | 14,564 | 36,477 | ||
| 4,347 | 8,847 | 0 | 6,079 | 28,193 | 5,072 | 34,451 | 120 | 2,920 | 14,924 | 1,567 | 3,987 | 28,186 | ||
| 153,454 | -26,375 | 6,979 | -36,566 | -29,415 | 33,356 | 29,448 | -7,870 | 38,773 | -11,676 | -12,884 | -14,344 | - | ||
| 143,069 | 79,233 | 89,749 | 50,256 | 36,581 | 64,411 | 36,236 | 22,680 | 30,932 | 8,246 | 7,318 | 13,461 | 18,283 | ||
| 84.5% | 61.8% | 72.9% | 64.6% | 60.4% | 57.1% | 43.3% | 34.6% | 71.5% | 95.6% | 55.8% | 54.5% | 64.0% | ||
| 6.06 | 2.33 | 3.25 | 2.10 | 1.77 | 2.24 | 1.66 | 1.41 | 2.80 | 8.30 | 1.48 | 1.49 | 1.76 | ||
| 0.18 | 0.62 | 0.37 | 0.55 | 0.66 | 0.75 | 1.31 | 1.89 | 0.40 | 0.05 | 0.79 | 0.83 | 0.56 | ||
| 60.4% | 38.4% | 35.9% | 26.2% | 32.5% | 34.9% | 44.2% | 69.9% | 40.5% | 24.8% | -70.7% | 17.1% | 71.0% | ||
| 51.1% | 23.7% | 26.2% | 16.9% | 19.6% | 20.0% | 19.2% | 24.2% | 29.0% | 23.7% | -39.4% | 9.3% | 45.4% | ||
| 58.34 | 12.61 | -11.52 | 5.72 | 47.23 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,347 | €8,847 | - | €6,079 | €28,193 |
| Financial fixed assets | €0 | - | - | - | - |
| €9,912 | €9,383 | €15,468 | €15,399 | €11,462 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 53% higher than in 2024 and the highest since 2013. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 38.2% to 15.5%. Equity is higher and debt is lower.
DECISIVE SYSTEM has no parent and no holdings in its annual accounts. is the only director. DECISIVE SYSTEM shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de l'Enclos 35 registered office 4432 Ans | 08-04-2013 | 2.218.112.460 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62001B0889/00W002 | 1,197 m² | 1 · 79 m² | 10.9 m · 3 |
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