Het Systeem
ActiveHet Systeem has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €731. Its solvency ranks better than 19% of 2035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency27▲+1
Growth52
Track record82
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2035 sector peers (2025).
NBB · sector comparisonPosition among 2035 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
27 d late
2024
14 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▲ 77.5%
2024 · €942
2024: €942
2024 → 2025
Total assets
€87k▲ 9.2%
2024 · €80k
2024: €80k
2024 → 2025
Net result
€731▼ 13.3%
2024 · €842
2024: €842
2024 → 2025
Working capital
€-19k▲ 22.4%
2024 · €-24k
2024: €-24k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€942-€2k▲ 77.5%
Operating result€2k-€3k▲ 24.7%
Net result€842-€731▼ 13.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€22k▼ 21.3%
Current assets
€65k▲ 25.9%
Equity and liabilities €87k
Equity
€2k▲ 77.5%
Debt
€85k▲ 8.4%
The debt ratio falls from 98.8% to 98.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €12k
Cash flow
€12k▲
2024 · €11k
Solvency
1.9%▲
2024 · 1.2%
Current ratio
0.78▲
2024 · 0.68
Quick ratio
0.46▲
2024 · 0.32
Debt / equity
50.95
ROE
43.7%
ROA
0.8%▼
2024 · 1.1%
Interest coverage
14.83▲
2024 · 9.57
Debt
€85k▲
2024 · €79k
Debt ≤ 1 year
€83k▲
2024 · €75k
Debt > 1 year
€2k▼
2024 · €3k
Income taxes
€2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€80k€87k▲
Fixed assets21/28€28k€22k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€24k€20k▼
Land and buildings22€8k€7k▼
Plant, machinery and equipment23€10k€10k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€51k€65k▲
Stocks and contracts in progress3€27k€27k▼
Stocks30/36€27k€27k▼
Amounts receivable within one year40/41€20k€29k▲
Trade receivables40€19k€28k▲
Other amounts receivable41€1k€132▼
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€645€6k▲
Equity and liabilities
Total equity and liabilities10/49€80k€87k▲
Equity10/15€942€2k▲
Contributions10/11€100€100=
Reserves13€842€2k▲
Distributable reserves133€842€2k▲
Amounts payable17/49€79k€85k▲
Amounts payable after more than one year17€3k€2k▼
Financial debts170/4€3k€2k▼
Amounts payable within one year42/48€75k€83k▲
Current portion of amounts payable after more than one year42€1k€1k▲
Financial debts43€1k€2k▲
Credit institutions430/8€1k€2k▲
Trade debts44€72k€11k▼
Suppliers440/4€72k€11k▼
Taxes, remuneration and social security45€915€4k▲
Taxes450/3€915€4k▲
Other amounts payable47/48-€66k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€2k€2k▼
Gross operating margin9900€14k€18k▲
Operating profit (loss)9901€2k€3k▲
Financial income75/76B€46€704▲
Recurring financial income75€46€704▲
Financial charges65/66B€1k€932▼
Recurring financial charges65€1k€932▼
Profit (loss) for the period before taxes9903€842€2k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€842€731▼
Profit (loss) for the period to be appropriated9905€842€731▼
Appropriation of the result
Profit (loss) to be appropriated9906€842€731▼
Transfer to equity691/2€842€731▼
To other reserves6921€842€731▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Ninove · 1 establishment unit since 2023
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.
Kaardeloodstraat 309400 NinoveGround area
178 m²
Building footprint
167 m²
Volume, LiDAR
1,868 m³
Parcel 41362B0994/00F000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Het Systeem
since 20232.351.383.631
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0994/00F000 | Flanders | 178 m² | 1 · 167 m² | 15.4 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.351.383.631
Legal Entity Identifier
984500HAD01C43FC5992
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Of 13,496 companies in sector 85510 we hold annual accounts for 718. 268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2023
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
47279Other retail sale of food
47299Retail trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.