Losses
-€7,084 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MicroSystem
Lifetime
14 annual accounts with figures on one time axispeak €71,690 (2022)
€8,338▼ 29.1%
lowest -€6,740 (2025)
-€6,740▼ €6,396
peak €91,549 (2023)
€84,465▼ 7.4%
€347▼ 84.9%
Board1 name since 2023
1 directorMartine LELEUX
Documentsfilings and deeds
01-06-202660 days before the deadline
2025micro format
Gross margin from €11,761 to €8,338Loss of €6,740Debts from €2,304 to €347Investments €25,433Cash from €55,798 to €32,323
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2012
Seven of the last ten came late. The 2022 accounts came latest: 36 days after the end of the period.
Position in the sector
-€6,740
Lower net result than 88% of companies in computer programming and consultancy. Sector median €28,568 · 21,212 companies.
Checked score
95
Excellent
Financially stronger than 57% of micro companies in computer programming and consultancy (NACE 62)
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: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged 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 03-2025lowest value
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: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €6,740, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 113.57, cash €32,323
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €84,465 (99.6% 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 62, micro). It does better than 85% of them on solvency, 89% on liquidity, 24% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 6,908 companies had the same profile as MicroSystem has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MicroSystem 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.
| 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 6,908 companies, not a prediction for MicroSystem. 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 €8,000 on 30-day terms is acceptable
Short-term debt is 0.4% and cash 38.1% of total assets. 0.4% 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
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 -€6,740
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 days early
2024
29 days late
2023
26 days late
2022
36 days late
2021
30 days late
2020
31 days late
2019
2 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 13 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0844378862
Change of role: Martine LELEUX, from manager to director
Director discharge: Martine LELEUX · General meeting of 09-10-2023 · Gazette deed
Incorporation
published on 23-03-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MicroSystem Lessines | €84,812 | €8,338 | 99.6% | - |
| TWEEPLE Binche | €81,459 | €10,325 | 74.4% | - |
| IN CASU VIRTUAL OFFICE Hannut | €83,686 | €9,548 | 37.1% | - |
| APR Engineering Brussels | €80,500 | €9,803 | 68.1% | - |
| FENNID Leopoldsburg | €65,204 | €7,041 | 68.5% | - |
| 1 CLIC Sint-Genesius-Rode | €83,331 | €12,098 | 62.2% | - |
| BELGIUM MANAGEMENT CONDOMINIUM TOOLS Brussels | €81,714 | €12,118 | 68.1% | - |
These companies have the same main activity as MicroSystem: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €65,200 and €83,700, founded between 2010 and 2013.
Official details
Source: KBO- Status
- Active since 13-03-2012Normal situation
- Activity
- Other information technology and computer servicesNACE 62900and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- ≈ €44,000estimated
- €84,812▼ 9.3%
- Filing
- Filed on 01-06-2026, 60 days before the end of the filing period
Insights on MicroSystem
MicroSystem files the micro format. That format states no turnover. The gross margin fell from €10,125 in 2012 to €8,338 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 MicroSystem
- What is the company number of MicroSystem?
- The company number of MicroSystem is 0844.378.862. The VAT number is the same number with BE in front: BE 0844.378.862.
- Where is MicroSystem based?
- The registered office is at Grand Marais 53, 7866 Lessines.Company details
- What does MicroSystem do?
- According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
- What is the legal form of MicroSystem?
- MicroSystem is a private limited company (BV).
- When was MicroSystem founded?
- MicroSystem was founded on 13-03-2012.
- Is MicroSystem still active?
- Yes, MicroSystem is an active enterprise in the KBO register.
- What is the turnover of MicroSystem?
- The turnover in financial year 2025 is ≈ €44,000. This figure is estimated from the gross margin of €8,338 and 136 comparable companies (NACE 62). It probably lies between €22,000 and €86,000. It is a rough estimate.Financials
- Is MicroSystem profitable?
- In financial year 2025, MicroSystem made a loss of €6,740.
- Where can I find the annual accounts of MicroSystem?
- MicroSystem filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MicroSystem due?
- MicroSystem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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