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EXSYS

Active
Private limited companyfounded 200125 yrs activeClos Sainte Rita 15, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0475.486.575
Summary

EXSYS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195,370 and a net result of €45,886. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth63=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 26.74 against 7.16 in 2024; short-term debt: 3.7% and cash: 88% of total assets), and 3.7% of the assets are financed with debt.
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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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.3%
Return on assets
22.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
6 d early
2023
6 d early
2022
7 d early
2021
20 d early
2020
15 d early
2019
57 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EXSYS was incorporated on 21 August 2001.1 Revenue went from EUR 151,163 in 2018 to EUR 151,094 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2025, micro schema

Turnover
€151,094▲ 3.5%
2019 · €145,970
EBIT margin
2.1%▲ 1.3pp
2019 · 0.9%
Net result
€45,886▼ 0.2%
2024 · €45,995
Working capital
€190,678▲ 35.1%
2024 · €141,128
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€2,328▼ 27.9%€11,779▲ 406%€56,102▲ 376%€63,678▲ 13.5%€64,334▲ 1.0%
Net result€1,354▲ 4.3%€6,690▲ 394%€39,782▲ 495%€45,995▲ 15.6%€45,886▼ 0.2%
EBIT margin
Equity€57,017▲ 2.4%€63,707▲ 11.7%€103,489▲ 62.4%€149,484▲ 44.4%€195,370▲ 30.7%
Total assets€61,442▼ 4.4%€74,022▲ 20.5%€125,119▲ 69.0%€172,398▲ 37.8%€202,778▲ 17.6%
Debt€4,425▼ 48.4%€10,315▲ 133%€21,630▲ 110%€22,914▲ 5.9%€7,407▼ 67.7%
Working capital€47,223▲ 10.6%€52,693▲ 11.6%€91,469▲ 73.6%€141,128▲ 54.3%€190,678▲ 35.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €2,328€2,328Net result 2021: €1,354€1,354Operating result 2022: €11,779€11,779Net result 2022: €6,690€6,690Operating result 2023: €56,102€56,102Net result 2023: €39,782€39,782Operating result 2024: €63,678€63,678Net result 2024: €45,995€45,995Operating result 2025: €64,334€64,334Net result 2025: €45,886€45,88620212022202320242025€0€20,000€40,000€60,000Operating result 2023: €56,102€56,100Net result 2023: €39,782€39,800Operating result 2024: €63,678€63,700Net result 2024: €45,995€46,000Operating result 2025: €64,334€64,300Net result 2025: €45,886€45,900202320242025
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202,778
Fixed assets €4,692 ▼ 43.8%
Current assets €198,085 ▲ 20.8%
Equity and liabilities €202,778
Equity €195,370 ▲ 30.7%
Debt €7,407 ▼ 67.7%
Debt's share of the balance-sheet total falls from 13.3% to 3.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€67,998▲
2024 · €67,342
Cash flow
€49,550▼
2024 · €49,659
Current ratio
26.74▲
2024 · 7.16
Debt to equity
0.04▼
2024 · 0.15
ROE
23.5%▼
2024 · 30.8%
ROA
22.6%▼
2024 · 26.7%
Interest coverage
540.95▼
2024 · 616.57
Debt ≤ 1 year
€7,407▼
2024 · €22,914
Income taxes
€19,107▲
2024 · €18,221
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€172,398€202,778▲
Fixed assets21/28€8,356€4,692▼
Tangible fixed assets22/27€8,305€4,641▼
Furniture and vehicles24€6,920€4,067▼
Other tangible fixed assets26€1,385€574▼
Financial fixed assets28€51€51=
Current assets29/58€164,042€198,085▲
Amounts receivable within one year40/41€37,016€15,334▼
Trade receivables40€12,016€15,334▲
Other amounts receivable41€25,000-
Cash at bank and in hand54/58€123,264€178,402▲
Deferred charges and accrued income490/1€3,762€4,349▲
Equity and liabilities
Total equity and liabilities10/49€172,398€202,778▲
Equity10/15€149,484€195,370▲
Contributions10/11€6,200€6,200=
Reserves13€142,948€188,748▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€3,488€3,488=
Distributable reserves133€137,600€183,400▲
Profit (loss) carried forward14€336€422▲
Amounts payable17/49€22,914€7,407▼
Amounts payable within one year42/48€22,914€7,407▼
Trade debts44€2,608€274▼
Suppliers440/4€2,608€274▼
Taxes, remuneration and social security45€19,695€7,109▼
Taxes450/3€19,695€7,109▼
Other amounts payable47/48€610€25▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,664€3,664=
Other operating charges640/8€1,325€1,155▼
Gross operating margin9900€68,667€69,152▲
Operating profit (loss)9901€63,678€64,334▲
Financial income75/76B€648€786▲
Recurring financial income75€648€786▲
Financial charges65/66B€109€126▲
Recurring financial charges65€109€126▲
Profit (loss) for the period before taxes9903€64,216€64,994▲
Income taxes67/77€18,221€19,107▲
Profit (loss) for the period9904€45,995€45,886▼
Profit (loss) for the period to be appropriated9905€45,995€45,886▼
Appropriation of the result
Profit (loss) to be appropriated9906€47,336€46,222▼
Profit (loss) brought forward from the previous period14P€1,341€336▼
Transfer to equity691/2€47,000€45,800▼
To other reserves6921€47,000€45,800▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,714€6,763€3,610€3,664€3,664=
Other operating charges640/8€1,229€939€1,148€1,325€1,155▼ 12.9%
Gross operating margin9900€11,271€19,482€60,859€68,667€69,152▲ 0.7%
Operating profit (loss)9901€2,328€11,779€56,102€63,678€64,334▲ 1.0%
Financial income75/76B--€122€648€786▲ 21.3%
Recurring financial income75--€122€648€786▲ 21.3%
Financial charges65/66B€79€90€107€109€126▲ 15.1%
Recurring financial charges65€79€90€107€109€126▲ 15.1%
Profit (loss) for the period before taxes9903€2,249€11,689€56,117€64,216€64,994▲ 1.2%
Income taxes67/77€895€4,999€16,335€18,221€19,107▲ 4.9%
Profit (loss) for the period9904€1,354€6,690€39,782€45,995€45,886▼ 0.2%
Profit (loss) for the period to be appropriated9905€1,354€6,690€39,782€45,995€45,886▼ 0.2%
Line20212022202320242025Change
Assets
Total assets20/58€61,442€74,022€125,119€172,398€202,778▲ 17.6%
Fixed assets21/28€9,794€11,014€12,020€8,356€4,692▼ 43.8%
Tangible fixed assets22/27€9,743€10,963€11,969€8,305€4,641▼ 44.1%
Furniture and vehicles24€5,926€7,957€9,774€6,920€4,067▼ 41.2%
Other tangible fixed assets26€3,817€3,006€2,195€1,385€574▼ 58.5%
Financial fixed assets28€51€51€51€51€51=
Current assets29/58€51,648€63,008€113,099€164,042€198,085▲ 20.8%
Amounts receivable within one year40/41€13,853€31,126€26,918€37,016€15,334▼ 58.6%
Trade receivables40€13,253€29,126€13,918€12,016€15,334▲ 27.6%
Other amounts receivable41€600€2,000€13,000€25,000--
Cash at bank and in hand54/58€36,766€24,209€82,378€123,264€178,402▲ 44.7%
Deferred charges and accrued income490/1€1,030€7,673€3,803€3,762€4,349▲ 15.6%
Equity and liabilities
Total equity and liabilities10/49€61,442€74,022€125,119€172,398€202,778▲ 17.6%
Equity10/15€57,017€63,707€103,489€149,484€195,370▲ 30.7%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€5,348€56,948€95,948€142,948€188,748▲ 32.0%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Tax-exempt reserves132€3,488€3,488€3,488€3,488€3,488=
Distributable reserves133-€51,600€90,600€137,600€183,400▲ 33.3%
Profit (loss) carried forward14€45,469€559€1,341€336€422▲ 25.7%
Amounts payable17/49€4,425€10,315€21,630€22,914€7,407▼ 67.7%
Amounts payable within one year42/48€4,425€10,315€21,630€22,914€7,407▼ 67.7%
Trade debts44€171€2,566€2,749€2,608€274▼ 89.5%
Suppliers440/4€171€2,566€2,749€2,608€274▼ 89.5%
Taxes, remuneration and social security45€4,054€7,319€18,276€19,695€7,109▼ 63.9%
Taxes450/3€4,054€7,319€18,276€19,695€7,109▼ 63.9%
Other amounts payable47/48€200€430€605€610€25▼ 95.9%
Line20212022202320242025Change
Profit (loss) for the period9904€1,354€6,690€39,782€45,995€45,886▼ 0.2%
+ Depreciation and write-downs630€7,714€6,763€3,610€3,664€3,664=
Operating cash flow (approximation)€9,068€13,453€43,392€49,659€49,550▼ 0.2%
Investment in fixed assets (approximation)--€7,983-€4,616€0€0-
Change in cash--€12,557€58,169€40,886€55,138▲ 34.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity quadruplescurrent ratio 26.74
Current ratio from 7.16 to 26.74; short-term debt falls from €22,914 to €7,407.
31-12
Financial Equity above €150,000Eq €195,370 ▲30.7%
7 profitable years in a row build equity to €195,370.
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €45,995 ▲15.6%
Net result €45,995, the highest in the series.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €100,000Eq €103,489 ▲62.4%
5 profitable years in a row build equity to €103,489.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €164
Net result €164 after one loss-making year.
Show earlier events
07-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Braine-l'Alleud · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
350 m²
Building footprint
96 m²
Volume, LiDAR
555 m³
Parcel 25744D0285/00P002, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Clos Sainte Rita 15, 1420 Braine-l'Alleud
NACE 3001001
since 20012.094.497.541
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25744D0285/00P002 Wallonia 350 m² 1 · 96 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 14,809 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-08-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management

Scores and ratios are computed by Checked and are not a credit decision.