MicroSystem
ActiveSummary
MicroSystem has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €-7k. Equity is growing by ~32.9% 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 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-9
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
short-term debt: 0.4% and cash: 38.1% of total assets, and 0.4% of the assets are financed with debt.
Credit check for your own amount and term
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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-7k
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
29 d late
2023
26 d late
2022
36 d late
2021
30 d late
2020
31 d late
2019
2 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 7.4%
2024 · €91k
2018: €16klowest in 8 years
2019: €22k▲ +40.7% vs 2018
2020: €32k▲ +45.1% vs 2019
2021: €38k▲ +15.9% vs 2020
2022: €90k▲ +138% vs 2021
2023: €92k▲ +2.0% vs 2022highest in 8 years
2024: €91k▼ -0.4% vs 2023
2025: €84k▼ -7.4% vs 2024
2018 → 2025
Total assets
€85k▼ 9.3%
2024 · €94k
2018: €24klowest in 8 years
2019: €32k▲ +29.9% vs 2018
2020: €39k▲ +22.3% vs 2019
2021: €39k▲ +1.1% vs 2020
2022: €115k▲ +195% vs 2021highest in 8 years
2023: €113k▼ -2.1% vs 2022
2024: €94k▼ -17.3% vs 2023
2025: €85k▼ -9.3% vs 2024
2018 → 2025
Net result
€-7k▼ 1,860%
2024 · €-344
2018: €16k
2019: €6k▼ -58.3% vs 2018
2020: €10k▲ +56.0% vs 2019
2021: €5k▼ -48.9% vs 2020
2022: €52k▲ +908% vs 2021highest in 8 years
2023: €2k▼ -96.6% vs 2022
2024: €-344▼ -120% vs 2023
2025: €-7k▼ -1860% vs 2024lowest in 8 years
2018 → 2025
Working capital
€39k▼ 31.9%
2024 · €57k
2018: €-2klowest in 8 years
2019: €8k▲ +448% vs 2018
2020: €10k▲ +27.7% vs 2019
2021: €19k▲ +89.1% vs 2020
2022: €90k▲ +372% vs 2021highest in 8 years
2023: €71k▼ -20.9% vs 2022
2024: €57k▼ -19.0% vs 2023
2025: €39k▼ -31.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€90k▲ 138%€92k▲ 2.0%€91k▼ 0.4%€84k▼ 7.4%
2021: €38klowest in 5 years
2022: €90k▲ +138% vs 2021
2023: €92k▲ +2.0% vs 2022highest in 5 years
2024: €91k▼ -0.4% vs 2023
2025: €84k▼ -7.4% vs 2024
Operating result€7k-€71k▲ 876%€2k▼ 96.5%€-204€-7k▼ 3,126%
2021: €7k
2022: €71k▲ +876% vs 2021highest in 5 years
2023: €2k▼ -96.5% vs 2022
2024: €-204▼ -108% vs 2023
2025: €-7k▼ -3126% vs 2024lowest in 5 years
Net result€5k-€52k▲ 908%€2k▼ 96.6%€-344€-7k▼ 1,860%
2021: €5k
2022: €52k▲ +908% vs 2021highest in 5 years
2023: €2k▼ -96.6% vs 2022
2024: €-344▼ -120% vs 2023
2025: €-7k▼ -1860% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €204 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€45k ▲ 34.1%
Current assets
€39k ▼ 33.9%
Equity and liabilities €85k
Equity
€84k ▼ 7.4%
Debt
€347 ▼ 84.9%
Debt's share of the balance-sheet total falls from 2.5% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €11k
Cash flow
€7k▼
2024 · €11k
Debt to equity
0.00▼
2024 · 0.03
ROE
-8.0%▼
2024 · -0.4%
ROA
-7.9%▼
2024 · -0.4%
Interest coverage
47.65▼
2024 · 75.18
Debt ≤ 1 year
€347▼
2024 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €85k, equity €84k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€85k▼
Fixed assets21/28€34k€45k▲
Tangible fixed assets22/27€34k€45k▲
Furniture and vehicles24€34k€45k▲
Current assets29/58€60k€39k▼
Amounts receivable within one year40/41€4k€7k▲
Trade receivables40€1k€2k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€56k€32k▼
Deferred charges and accrued income490/1€242€273▲
Equity and liabilities
Total equity and liabilities10/49€94k€85k▼
Equity10/15€91k€84k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€83k€76k▼
Amounts payable17/49€2k€347▼
Amounts payable within one year42/48€2k€347▼
Trade debts44€1k€58▼
Suppliers440/4€1k€58▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€272€289▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€721€1k▲
Gross operating margin9900€12k€8k▼
Operating profit (loss)9901€-204€-7k▼
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€147€153▲
Recurring financial charges65€147€153▲
Profit (loss) for the period before taxes9903€-344€-7k▼
Profit (loss) for the period9904€-344€-7k▼
Profit (loss) for the period to be appropriated9905€-344€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€76k▼
Profit (loss) brought forward from the previous period14P€83k€83k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €10k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €124 | €4k | €11k | €14k | ▲ 23.6% |
| Other operating charges640/8 | €348 | €348 | €654 | €721 | €1k | ▲ 42.1% |
| Gross operating margin9900 | €20k | €72k | €8k | €12k | €8k | ▼ 29.1% |
| Operating profit (loss)9901 | €7k | €71k | €2k | €-204 | €-7k | ▼ 3,126% |
| Financial income75/76B | €0 | €0 | €10 | €7 | - | - |
| Recurring financial income75 | €0 | €0 | €10 | €7 | - | - |
| Financial charges65/66B | €85 | €127 | €132 | €147 | €153 | ▲ 4.5% |
| Recurring financial charges65 | €85 | €127 | €132 | €147 | €153 | ▲ 4.5% |
| Profit (loss) for the period before taxes9903 | €7k | €71k | €2k | €-344 | €-7k | ▼ 1,860% |
| Income taxes67/77 | €2k | €19k | €603 | - | - | - |
| Profit (loss) for the period9904 | €5k | €52k | €2k | €-344 | €-7k | ▼ 1,860% |
| Profit (loss) for the period to be appropriated9905 | €5k | €52k | €2k | €-344 | €-7k | ▼ 1,860% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39k | €115k | €113k | €94k | €85k | ▼ 9.3% |
| Fixed assets21/28 | €19k | €268 | €21k | €34k | €45k | ▲ 34.1% |
| Tangible fixed assets22/27 | €19k | €133 | €21k | €34k | €45k | ▲ 34.1% |
| Furniture and vehicles24 | €19k | €133 | €21k | €34k | €45k | ▲ 34.1% |
| Financial fixed assets28 | €135 | €135 | - | - | - | - |
| Current assets29/58 | €20k | €115k | €92k | €60k | €39k | ▼ 33.9% |
| Amounts receivable within one year40/41 | €682 | €5k | - | €4k | €7k | ▲ 88.9% |
| Trade receivables40 | €682 | €5k | - | €1k | €2k | ▲ 99.9% |
| Other amounts receivable41 | - | €4 | - | €3k | €5k | ▲ 84.0% |
| Cash at bank and in hand54/58 | €19k | €110k | €92k | €56k | €32k | ▼ 42.1% |
| Deferred charges and accrued income490/1 | €501 | - | €238 | €242 | €273 | ▲ 12.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39k | €115k | €113k | €94k | €85k | ▼ 9.3% |
| Equity10/15 | €38k | €90k | €92k | €91k | €84k | ▼ 7.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €30k | €82k | €83k | €83k | €76k | ▼ 8.1% |
| Amounts payable17/49 | €1k | €26k | €21k | €2k | €347 | ▼ 84.9% |
| Amounts payable within one year42/48 | €1k | €26k | €21k | €2k | €347 | ▼ 84.9% |
| Trade debts44 | €511 | €5k | €2k | €1k | €58 | ▼ 94.3% |
| Suppliers440/4 | €511 | €974 | €2k | €1k | €58 | ▼ 94.3% |
| Bills of exchange payable441 | - | €4k | - | - | - | - |
| Taxes, remuneration and social security45 | €681 | €20k | €20k | €1k | - | - |
| Taxes450/3 | €681 | €20k | €20k | €1k | - | - |
| Other amounts payable47/48 | €272 | €239 | €272 | €272 | €289 | ▲ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €52k | €2k | €-344 | €-7k | ▼ 1,860% |
| + Depreciation and write-downs630 | €12k | €124 | €4k | €11k | €14k | ▲ 23.6% |
| Operating cash flow (approximation) | €17k | €52k | €6k | €11k | €7k | ▼ 34.3% |
| Investment in fixed assets (approximation) | - | €18k | €-25k | €-24k | €-25k | ▼ 4.6% |
| Change in cash | - | €91k | €-18k | €-36k | €-23k | ▲ 35.2% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 113.57
Current ratio from 25.89 to 113.57; short-term debt falls from €2k to €347.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity times 6current ratio 25.89
Current ratio from 4.29 to 25.89; short-term debt falls from €21k to €2k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
31-12
Financial
Highest result since 2018net €52k ▲908%
Operating result €71k, net result €52k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity times 5current ratio 13.96
Current ratio from 2.62 to 13.96; short-term debt falls from €6k to €1k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity triplescurrent ratio 1.85
Current ratio from 0.73 to 1.85.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Lessines
Ground area
867 m²
Building footprint
262 m²
Volume, LiDAR
1,236 m³
Parcel 55030B0209/00A000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55030B0209/00A000 | Wallonia | 867 m² | 1 · 262 m² | 7.1 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 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,398 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
Founded13-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
47400Retail sale of information and communication equipment
58190Other publishing activities, excluding software publishing
77222Rental and leasing activities
90399Other support activities for arts and performing arts
Scores and ratios are computed by Checked and are not a credit decision.