Euro Système
ActiveEuro Système has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €154k and a net result of €51k. Equity is growing by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+65
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.79 against 3.11 in 2023), and 26.3% 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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
70 d late
2022
32 d late
2021
24 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€154k▲ 49.7%
2023 · €103k
2018: €18k
2019: €25k
2020: €13k
2021: €73k
2022: €96k
2023: €103k
2018 → 2024
Total assets
€209k▲ 38.6%
2023 · €151k
2018: €29k
2019: €30k
2020: €18k
2021: €97k
2022: €132k
2023: €151k
2018 → 2024
Net result
€51k▲ 603%
2023 · €7k
2018: €110k
2019: €7k
2020: €-12k
2021: €61k
2022: €23k
2023: €7k
2018 → 2024
Working capital
€153k▲ 51.1%
2023 · €101k
2018: €9k
2019: €18k
2020: €8k
2021: €68k
2022: €93k
2023: €101k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€73k▲ 484%€96k▲ 31.0%€103k▲ 7.6%€154k▲ 49.7%
Operating result€-18k-€81k€28k▼ 65.9%€18k▼ 35.0%€83k▲ 361%
Net result€-12k-€61k€23k▼ 62.5%€7k▼ 67.9%€51k▲ 603%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 361% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209k
Fixed assets
€945▼ 39.5%
Current assets
€208k▲ 39.4%
Equity and liabilities €209k
Equity
€154k▲ 49.7%
Debt
€55k▲ 14.5%
The debt ratio falls from 31.8% to 26.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€83k▲
2023 · €20k
Cash flow
€52k▲
2023 · €9k
Solvency
73.7%▲
2023 · 68.2%
Current ratio
3.79▲
2023 · 3.11
Quick ratio
3.79▲
2023 · 3.11
Debt / equity
0.36▼
2023 · 0.47
ROE
33.2%▲
2023 · 7.1%
ROA
24.5%▲
2023 · 4.8%
Interest coverage
22.24▲
2023 · 4.89
Debt
€55k▲
2023 · €48k
Debt ≤ 1 year
€55k▲
2023 · €48k
Income taxes
€36k▲
2023 · €7k
Staff costs
€20k▼
2023 · €38k
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€151k€209k▲
Fixed assets21/28€2k€945▼
Tangible fixed assets22/27€954€337▼
Furniture and vehicles24€954€337▼
Financial fixed assets28€608€608=
Current assets29/58€149k€208k▲
Amounts receivable within one year40/41€149k€208k▲
Trade receivables40€13k€13k▼
Other amounts receivable41€137k€196k▲
Equity and liabilities
Total equity and liabilities10/49€151k€209k▲
Equity10/15€103k€154k▲
Contributions10/11€6k€6k=
Reserves13€94k€145k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€92k€143k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€48k€55k▲
Amounts payable within one year42/48€48k€55k▲
Financial debts43€12k€13k▲
Other loans439€12k€13k▲
Trade debts44€589€1k▲
Suppliers440/4€589€1k▲
Taxes, remuneration and social security45€35k€41k▲
Taxes450/3€34k€36k▲
Remuneration and social security454/9€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€38k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€617▼
Other operating charges640/8€49k€4k▼
Gross operating margin9900€108k€107k▼
Operating profit (loss)9901€18k€83k▲
Financial income75/76B-€8k
Recurring financial income75-€8k
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€14k€87k▲
Income taxes67/77€7k€36k▲
Profit (loss) for the period9904€7k€51k▲
Profit (loss) for the period to be appropriated9905€7k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€54k▲
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer to equity691/2€7k€51k▲
To other reserves6921€7k€51k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
31-12
Financial
Equity above €150kEq €154k ▲49.7%
4 profitable years in a row build equity to €154k.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲7.6%
3 profitable years in a row build equity to €103k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼272%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.70
Current ratio from 1.80 to 4.70; short-term debt falls from €11k to €5k.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Brussel · 1 establishment unit since 2006
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.
Aarlenstraat 421000 BrusselGround area
236 m²
Building footprint
109 m²
Volume, LiDAR
1,572 m³
Parcel 21805E0445/00V008, Brussels · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Aarlenstraat 42, 1000 Brussel
since 20062.157.385.512
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0445/00V008 | Brussels | 236 m² | 1 · 109 m² | 19.4 m · 5 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.
Similar companies · same sector, comparable size
TerraNovita
BE 0871.002.788
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ABBA
BE 0839.997.828
Brasschaat · Eq €154k
SMARTCO
BE 0542.720.839
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VALCKE
BE 0422.771.827
Kortrijk · Eq €154k
ECOMES
BE 0680.619.108
Wezembeek-Oppem · Eq €155k
Of 3,203 companies in sector 62900 we hold annual accounts for 1,735. 1,374 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2006
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
72600
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
71330
72100
72300
72500
77330Rental and leasing activities
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.