Financials
- Fiscal year
- 2025
- Turnover
- €33.7m
- Profit
- €1.5m
- Solvency
- 16.6%
Turnover▲ 4.7%
Net result
20192025
KRONOS SYSTEMS
ActiveSummary
KRONOS SYSTEMS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.5m and a net result of €1.5m. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 18% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Manufacture of computer, electronic and optical products
NACE 26510NACE 33201
#5 employer in Asse, Manufacturing sector1 site
Size
€33.7mturnover 2025
- Staff
- 29 FTE
- Equity
- €6.5m
- Profit
- €1.5m
Structure
- Parent
- UKG Inc.
- Holdings
- 2
Accounts 29 d early2 of 32 deeds read
Why 94- Equity €6.5m (16.6% of total assets)+ Liquidity: current ratio 2.41, cash €15.5m+ Sector Manufacture of computer, electronic and optical products (NACE 26)+ Size: turnover €33.7m, 29 FTE, total assets €38.8mShow the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (NACE 26, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
42+2
equity 16.6% of total assets
Liquidity
81+4
short-term debt 40.6% · cash 40.0%
Profitability
64+1
return on assets 3.8%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%highest value
12-2024: 0.1%● 0.0% vs 11-2024highest value
01-2025: 0.1%▼ -1.1% vs 12-2024
02-2025: 0.1%▼ -1.1% vs 01-2025
03-2025: 0.1%▼ -1.1% vs 02-2025
04-2025: < 0.1%▼ -44.9% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%● 0.0% vs 06-2025
08-2025: < 0.1%● 0.0% vs 07-2025
09-2025: < 0.1%● 0.0% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%▼ -2.0% vs 12-2025
02-2026: < 0.1%▼ -2.1% vs 01-2026lowest value
03-2026: < 0.1%▲ +2.1% vs 02-2026
04-2026: 0.1%▲ +14.6% vs 03-2026
05-2026: < 0.1%▼ -14.5% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%● 0.0% vs 06-2026lowest value
08-2026: < 0.1%● 0.0% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 2.41, cash €15.5m lowers the probability
- Equity €6.5m (16.6% of total assets) raises the probability
- Sector Manufacture of computer, electronic and optical products (NACE 26) lowers the probability
- Size: turnover €33.7m, 29 FTE, total assets €38.8m lowers the probability for this profile
Credit up to €600,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.62 in 2024; short-term debt: 40.6% and cash: 40% of total assets), but 83.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 26, small). Better than this share of them on solvency 19%, liquidity 85%, profitability 43%, growth against the median 70%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 158 sector peers (2025).
NBB · sector comparisonPosition among 158 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
54 d early
2023
34 d early
2022
30 d early
2021
30 d early
2020
43 d early
2019
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% 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 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Resignation: Graham Taylor (director)Power of attorney
- Permanent representatives: Leen Defoer and Lieve…State Gazette act
- Annual accounts filedfiscal year 2025 · full…
Key points
- Caution: Among the weakest 18% on solvencysector median 51.8% · 158 companies 16.6% View
- Positive: Result rose in 2025from €922,685 to €1.5m ▲ 59.0% View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by UKG Inc.known shareholders 100% parent View
- Positive: 4 years of growth in a rowturnover 2025: €33.7m 4 years View
- A director leftlatest change 12-06-2026 · 0 in office 1 left View
By topic
Board & ownership
- Parent
- UKG Inc.
- Known shareholders
- 100%
Network & group
- Subsidiaries
- 2
2 subsidiaries
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 30-04-2027
- 24-07-2026Resignation: Graham Taylor (director)
- 13-05-2026Permanent representatives: Leen Defoer and Lieve Cornelis
- 01-04-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of computer, electronic and optical productsNACE 26510
- Founded
- 23-10-1987
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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