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MICROSYS

Active Private limited companyfounded 2003active for 23 yearsGemeenteplein van Oudergem 17, 1160 AuderghemKBO/BCE: BE 0860.128.296

Lifetime

19 annual accounts with figures on one time axis, 22 filings since 2004
peak €130,664 (2011)
€22,691▼ 25.7%
lowest -€17,221 (2017)
€6,477▼ 1.8%
peak €133,288 (2011)
€102,676▲ 6.7%
€21,088▼ 19.9%
peak 3 FTE (2011)
-not published
Board1 name since 2012
Documentsfilings and deeds
30-12-202532 days before the deadline
2025micro format
Gross margin from €30,538 to €22,691Debts from €26,322 to €21,088Cash from €17,414 to €23,105

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Filings

22 annual accounts since 2004
deadline20102020

The last five annual accounts were filed 32 to 47 days before the end of the period.

Position in the sector

83.0%

Higher solvency than 89% of companies in retail trade. Sector median 33.1% · 22,924 companies.

Checked score

95
Excellent
Financially stronger than 71% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.8%highest value 01-2025: 0.1%▼ -0.7 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 83.0% of total assets
69+7short-term debt 17.0% · cash 18.7%
75=return on assets 5.2%

Score breakdown

raises risk
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2003
Liquidity: current ratio 1.89, cash €23,105
Equity €102,676 (83.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 75% on liquidity, 62% on profitability and 55% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as MICROSYS has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MICROSYS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for MICROSYS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.89 (1.45 in 2024), above the usual 1.5. Short-term debt is 17% and cash 18.7% of total assets. 17% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.89, cash €23,105
NBB · annual accounts
lowers risk · Equity €102,676 (83.0% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €102,676
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
45 days early
2023
41 days early
2022
47 days early
2021
40 days early
2020
31 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CB
Director, since 26-07-2012
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860128296
Resignation: Christos BOITSIOS (manager) Reappointment: Christos BOITSIOS (director) · “Le développement et la vente ou la location de programmes informatiques; La vente et le dépannage de petit et…” (deed in French) · Director discharge: Christos BOITSIOS · General meeting of 20-02-2020 · Gazette deed
Incorporation published on 25-06-2003 · Gazette deed
First establishment Gemeenteplein van Oudergem 17, Auderghem
All 32 events

Comparable companies

same main activity, similar in size and age
Company
MICROSYS Auderghem €123,764 €22,691 83.0% -
MICROLAB Ixelles €119,642 €25,461 60.7% -
KARABONITA Anderlecht €113,318 €19,893 85.1% -
BBLN Charleroi €128,360 €21,889 78.5% -
FREDERIC CLOSON INFORMATIQUE Visé €144,817 €22,976 51.7% -
STEFAN COMPUTER SERVICES Bruges €119,172 €28,475 94.4% -
KHCS Lanaken €127,861 €20,246 35.5% -

These companies have the same main activity as MICROSYS: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €113,000 and €145,000, founded between 2001 and 2006.

Official details

Source: KBO
Status
Active since 12-06-2003Normal situation
Activity
Retail sale of information and communication equipmentNACE 47400
Establishment unit
2.132.524.4121160 Auderghem, since 12-06-2003
Financial year end
30 June
Peppol
Reachable since 19-02-2026
Company details

Annual accounts to 30-06-2025

€123,764▲ 1.0%
Filing
Filed on 30-12-2025, 32 days before the end of the filing period
Financials

Insights on MICROSYS

MICROSYS files the micro format. That format states no turnover. The gross margin fell from €69,195 in 2007 to €22,691 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MICROSYS

What is the company number of MICROSYS?
The company number of MICROSYS is 0860.128.296. The VAT number is the same number with BE in front: BE 0860.128.296.
Where is MICROSYS based?
The registered office is at Gemeenteplein van Oudergem 17, 1160 Auderghem.Company details
What does MICROSYS do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of MICROSYS?
MICROSYS is a private limited company (BV).
When was MICROSYS founded?
MICROSYS was founded on 12-06-2003.
Is MICROSYS still active?
Yes, MICROSYS is an active enterprise in the KBO register.
What is the turnover of MICROSYS?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €22,691 and 37 comparable companies (NACE 47400). It probably lies between €91,000 and €280,000. It is a rough estimate.Financials
Is MICROSYS profitable?
In financial year 2025, MICROSYS made a profit of €6,477.
Where can I find the annual accounts of MICROSYS?
MICROSYS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MICROSYS due?
MICROSYS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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