FAB SYS - IT SOLUTIONS
ActiveSummary
FAB SYS - IT SOLUTIONS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,073 and a net result of €4,583. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-20
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 4.23 against 3.52 in 2024; short-term debt: 18.9% and cash: 20.5% of total assets), and 18.9% 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.1%
Return on assets
11.2%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-06-2026, 39 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
39 d late
2024
27 d early
2023
35 d early
2022
38 d early
2021
45 d early
2020
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€33,073▲ 16.1%
2024 · €28,490
Total assets
€40,805▲ 9.2%
2024 · €37,371
Net result
€4,583▼ 28.9%
2024 · €6,445
Working capital
€24,971▲ 11.6%
2024 · €22,375
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,241▼ 85.3%€2,755▼ 15.0%€3,651▲ 32.5%€12,020▲ 229%€10,483▼ 12.8%
Net result€1,594below the sector's middle half▼ 90.4%€43below the sector's middle half▼ 97.3%€1,723below the sector's middle half▲ 3,882%€6,445within the sector's middle half▲ 274%€4,583within the sector's middle half▼ 28.9%
Equity€20,227below the sector's middle half▲ 8.6%€20,270below the sector's middle half▲ 0.2%€22,045below the sector's middle half▲ 8.8%€28,490within the sector's middle half▲ 29.2%€33,073within the sector's middle half▲ 16.1%
Total assets€30,418below the sector's middle half▼ 6.5%€28,426below the sector's middle half▼ 6.6%€30,175below the sector's middle half▲ 6.2%€37,371below the sector's middle half▲ 23.8%€40,805below the sector's middle half▲ 9.2%
Debt€10,192▼ 26.8%€8,156▼ 20.0%€8,130▼ 0.3%€8,881▲ 9.2%€7,731▼ 12.9%
Working capital€20,227within the sector's middle half▲ 8.6%€20,031within the sector's middle half▼ 1.0%€15,045within the sector's middle half▼ 24.9%€22,375within the sector's middle half▲ 48.7%€24,971within the sector's middle half▲ 11.6%
Solvency66.5%within the sector's middle half▲ 9.3pp71.3%within the sector's middle half▲ 4.8pp73.1%within the sector's middle half▲ 1.7pp76.2%within the sector's middle half▲ 3.2pp81.1%above the sector's middle half▲ 4.8pp
Current ratio2.98within the sector's middle half▲ 0.653.46within the sector's middle half▲ 0.472.85within the sector's middle half▼ 0.613.52within the sector's middle half▲ 0.674.23within the sector's middle half▲ 0.71
Return on assets (ROA)5.2%within the sector's middle half▼ 45.9pp0.2%below the sector's middle half▼ 5.1pp5.7%within the sector's middle half▲ 5.6pp17.2%within the sector's middle half▲ 11.5pp11.2%within the sector's middle half▼ 6.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,805
Fixed assets
€8,102 ▲ 32.5%
Current assets
€32,702 ▲ 4.6%
Equity and liabilities €40,805
Equity
€33,073 ▲ 16.1%
Debt
€7,731 ▼ 12.9%
Debt's share of the balance-sheet total falls from 23.8% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,067▼
2024 · €13,205
Cash flow
€6,167▼
2024 · €7,630
Debt to equity
0.23▼
2024 · 0.31
ROE
13.9%▼
2024 · 22.6%
Interest coverage
3.55▼
2024 · 5.03
Debt ≤ 1 year
€7,731▼
2024 · €8,881
Income taxes
€2,500▼
2024 · €3,224
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €107 | €661 | €1,184 | €1,584 | ▲ 33.7% |
| Gross operating margin9900 | €3,330 | €2,862 | €4,312 | €13,205 | €12,067 | ▼ 8.6% |
| Operating profit (loss)9901 | €3,241 | €2,755 | €3,651 | €12,020 | €10,483 | ▼ 12.8% |
| Financial income75/76B | - | €2 | €197 | €272 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €2 | €197 | €272 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €766 | €184 | €2,624 | €3,400 | ▲ 29.6% |
| Recurring financial charges65 | €252 | €766 | €184 | €2,624 | €3,400 | ▲ 29.6% |
| Profit (loss) for the period before taxes9903 | €2,989 | €1,990 | €3,664 | €9,669 | €7,083 | ▼ 26.7% |
| Income taxes67/77 | €1,394 | €1,947 | €1,941 | €3,224 | €2,500 | ▼ 22.5% |
| Profit (loss) for the period9904 | €1,594 | €43 | €1,723 | €6,445 | €4,583 | ▼ 28.9% |
| Profit (loss) for the period to be appropriated9905 | €1,594 | €43 | €1,723 | €6,445 | €4,583 | ▼ 28.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,418 | €28,426 | €30,175 | €37,371 | €40,805 | ▲ 9.2% |
| Fixed assets21/28 | - | €239 | €7,000 | €6,115 | €8,102 | ▲ 32.5% |
| Tangible fixed assets22/27 | - | €239 | €7,000 | €5,815 | €8,102 | ▲ 39.3% |
| Plant, machinery and equipment23 | - | - | €5,586 | €4,986 | €4,386 | ▼ 12.0% |
| Furniture and vehicles24 | - | €239 | €1,414 | €829 | €3,716 | ▲ 348% |
| Financial fixed assets28 | - | - | - | €300 | €0 | ▼ 100% |
| Current assets29/58 | €30,418 | €28,187 | €23,176 | €31,256 | €32,702 | ▲ 4.6% |
| Amounts receivable within one year40/41 | €12,737 | €20,572 | €17,486 | €24,344 | €24,357 | ▲ 0.1% |
| Trade receivables40 | - | €15,052 | €11,900 | €19,903 | €24,357 | ▲ 22.4% |
| Other amounts receivable41 | - | €5,519 | €5,586 | €4,441 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €16,482 | €3,215 | €5,492 | €6,640 | €8,345 | ▲ 25.7% |
| Deferred charges and accrued income490/1 | - | €4,400 | €197 | €272 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,418 | €28,426 | €30,175 | €37,371 | €40,805 | ▲ 9.2% |
| Equity10/15 | €20,227 | €20,270 | €22,045 | €28,490 | €33,073 | ▲ 16.1% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €18,227 | €18,270 | €20,045 | €26,490 | €31,073 | ▲ 17.3% |
| Amounts payable17/49 | €10,192 | €8,156 | €8,130 | €8,881 | €7,731 | ▼ 12.9% |
| Amounts payable within one year42/48 | €10,192 | €8,156 | €8,130 | €8,881 | €7,731 | ▼ 12.9% |
| Trade debts44 | €2,301 | €242 | €2,298 | €1,196 | €3,645 | ▲ 205% |
| Suppliers440/4 | - | €242 | €2,298 | €382 | €3,645 | ▲ 855% |
| Bills of exchange payable441 | - | - | - | €814 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €7,914 | €5,832 | €7,685 | €3,770 | ▼ 50.9% |
| Taxes450/3 | - | €7,914 | €5,832 | €7,685 | €3,770 | ▼ 50.9% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | - | - | - | €317 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,594 | €43 | €1,723 | €6,445 | €4,583 | ▼ 28.9% |
| + Depreciation and write-downs630 | - | €107 | €661 | €1,184 | €1,584 | ▲ 33.7% |
| Operating cash flow (approximation) | €1,594 | €150 | €2,384 | €7,630 | €6,167 | ▼ 19.2% |
| Investment in fixed assets (approximation) | - | - | -€7,421 | -€300 | -€3,571 | ▼ 1,090% |
| Change in cash | - | -€13,267 | €2,278 | €1,147 | €1,706 | ▲ 48.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €43 ▼97.3%
Net result drops to €43, the lowest in the series; recovery starts the following year.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2019
Ground area
119 m²
Building footprint
78 m²
Volume, LiDAR
479 m³
Parcel 21302A0123/00M006, Brussels · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Joseph Van Boterdaelstraat 15, 1070 Anderlecht
since 20192.294.571.721
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0123/00M006 | Brussels | 119 m² | 1 · 78 m² | 9.5 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.
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 1,270 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
Founded02-10-2019
Fiscal year end30-09
Activities, NACEBEL 2025
62900Other information technology and computer services
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735565252
Also
9925:BE0735565252
Registered
24-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.