Equity
€9.3m ▲ 4.6%
BRICSYS paid out €10.0m in dividends. That is 96% of the 2025 profit.
BRICSYS
Lifetime
13 annual accounts with figures on one time axispeak €52.7m (2025)
€52.7m▲ 21.6%
lowest -€911,273 (2018)
€10.4m▲ 106%
peak €10.9m (2017)
€9.3m▲ 4.6%
€43.9m▲ 38.9%
peak 108.9 FTE (2025)
108.9 FTE▲ 1.7%
Board9 names since 2018
3 directorsDouglas Scott Roark Jr. and 2 others
Owners6 names in the annual accounts
Documentsfilings and deeds
17-07-202614 days before the deadline
2025financial year
Turnover from €43.3m to €52.7mResult from €5.0m to €10.4m2 directors appointed, 2 resignations 20-08Dividend €10.0mDebts from €31.6m to €43.9mCash from €1.5m to €741,140
Key points
from the 2025 annual accountsResult
€10.4m ▲ 106%
The result rose in 2025 from €5.0m to €10.4m.
Debts
€43.9m 82% of the balance sheet
Suppliers 13%Taxes and wages 14%Other 73%
Of this, €21.8m falls due within a year.
Payment terms
73 days to suppliers
BRICSYS pays its suppliers 29 days later than in 2024. Customers pay 1 day earlier.
At the same address
27 companies
Position in the sector
€10.4m
Higher net result than 95% of companies in computer programming and consultancy. Sector median €35,587 · 1,689 companies.
Checked score
91
Excellent
Financially stronger than 56% of medium-sized 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 206 companies (NACE 62, medium-sized).
About 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 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points 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 01-2026lowest value
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 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.38, cash €741,140
Equity €9.3m (17.3% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 17-07-2026)
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, medium-sized). It does better than 26% of them on solvency, 38% on liquidity, 93% on profitability and 65% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 172 companies had the same profile as BRICSYS has now. Each dot is one company, two years later.
96.5%
were still trading
3.5%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of BRICSYS 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 172 companies, not a prediction for BRICSYS. 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 €800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.38 (3.01 in 2024), above the usual 1.5. Short-term debt is 40.7% and cash 1.4% of total assets. However, 82.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
17 days early
2023
42 days early
2022
14 days early
2021
17 days early
2020
52 days early
2019
111 days late
← 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 6 days before 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 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New day-to-day manager
David DEJAEGHER appointed, ORION ADVICE BV resigned · Permanent representative: David DEJAEGHER · Board meeting of 08-01-2026 · Gazette deed
2 directors appointed, 2 resignations
Permanent representatives: Vincent Slembrouck, Tim Vanheuverzwijn and David Dejaegher · Resignations: Thomas Harring and Lukas Gabriel Koller · Appointments: Douglas Scott Roark Jr. and Michael Scott Moore · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0846256902
1 statutory auditor reappointed
PwC Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: Tim Vanheuverzwijn and David Dejaegher · General meeting of 07-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRICSYS Ghent | €52.7m | 22.9% | 17.3% | 108.9 |
| Signpost België Lokeren | €55.3m | 7.8% | 24.5% | 95.6 |
| TheValueChain Kontich | €43.6m | 2.1% | 44.7% | 80.6 |
| GuardSquare Leuven | €29.1m | 11.9% | 13.3% | 103.9 |
| Solutions 30 Belgium Antwerp | €98.8m | -5.4% | 0.4% | 105.9 |
| NeWIN Herstal | €52.4m | 6.2% | 54.8% | 113.7 |
| NTX Geel | €32.8m | -4.8% | 9.4% | 112.9 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BRICSYS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €34m and €77m, founded between 2003 and 2014.
Official details
Source: KBO- Status
- Active since 31-05-2012Normal situation
- Registered office
- 28 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.210.812.2219050 Ghent, since 09-07-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 12-08-2025
Annual accounts 2025
- €53.6m▲ 31.4%
- Employeeson 31-12-2025
- 108▼ 1.8%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on BRICSYS
BRICSYS has existed since 2012. Turnover grew from €72,000 in 2013 to €52.7m in 2025.
Turnover has grown every year since 2017.
Aquila holds all the shares.
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 BRICSYS
- What is the company number of BRICSYS?
- The company number of BRICSYS is 0846.256.902. The VAT number is the same number with BE in front: BE 0846.256.902.
- Where is BRICSYS based?
- The registered office is at Bellevue 5, 9050 Ghent.Company details
- What does BRICSYS do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of BRICSYS?
- BRICSYS is a public limited company (NV).
- When was BRICSYS founded?
- BRICSYS was founded on 31-05-2012.
- Is BRICSYS still active?
- Yes, BRICSYS is an active enterprise in the KBO register.
- How many employees does BRICSYS have?
- BRICSYS had an average of 108.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BRICSYS fall under?
- In its 2025 annual accounts, BRICSYS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BRICSYS?
- The turnover of BRICSYS was €52.7m in financial year 2025, according to the filed annual accounts.
- Is BRICSYS profitable?
- In financial year 2025, BRICSYS made a profit of €10.4m.
- Where can I find the annual accounts of BRICSYS?
- BRICSYS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRICSYS due?
- BRICSYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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