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RHEA SYSTEM

Active
Public limited companyfounded 199234 yrs activeChaussée de Tervuren 60, 1410 Waterloo, BelgiumKBO/BCE: BE 0447.709.339
Summary

RHEA SYSTEM has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of -€220,149. Equity is growing by ~9.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability36▲+6
Solvency29▼-5
Growth22▼-40
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.21 in 2023; short-term debt: 96.1% and cash: 0.2% of total assets), and 96.1% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
3.9%
Return on assets
-0.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
95 d late
2023
7 d early
2022
32 d early
2021
19 d early
2020
44 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 June 1992, RHEA SYSTEM was incorporated.1 Revenue went from EUR 51 million in 2018 to EUR 7.9 million in 2024 and headcount from 41.3 to 38.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema, statutory accounts

Turnover
€7.9m▼ 83.9%
2023 · €49.5m
EBIT margin
-2.8%▼ 1.6pp
2023 · -1.2%
Net result
-€220,149
2023 · €1.6m
Working capital
€1.1m▼ 87.5%
2023 · €8.8m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€40.0m▲ 8.4%€47.1m▲ 17.7%€36.5m▼ 22.4%€49.5m▲ 35.5%€7.9m▼ 83.9%
Operating result€1.8m▲ 323%€2.1m▲ 15.5%€846,824▼ 59.1%-€598,136-€224,394▲ 62.5%
Net result€866,972above the sector's middle half▲ 3,473%€2.2mabove the sector's middle half▲ 158%€238,224▼ 89.4%€1.6m▲ 560%-€220,149
EBIT margin4.5%▲ 3.3pp4.4%▼ 0.1pp2.3%▼ 2.1pp-1.2%▼ 3.5pp-2.8%▼ 1.6pp
Equity€3.0mabove the sector's middle half▲ 9.7%€4.7mabove the sector's middle half▲ 54.1%€4.3m▼ 7.7%€5.9m▲ 36.5%€1.1m▼ 80.9%
Total assets€31.8mabove the sector's middle half▲ 14.1%€33.1mabove the sector's middle half▲ 4.1%€46.5m▲ 40.5%€64.0m▲ 37.5%€28.9m▼ 54.8%
Debt€28.8m▲ 14.5%€28.4m▼ 1.2%€42.2m▲ 48.5%€58.1m▲ 37.6%€27.8m▼ 52.2%
Working capital€542,988▲ 111%-€648,392€190,933€8.8m▲ 4,510%€1.1m▼ 87.5%
Solvency9.5%below the sector's middle half▼ 0.4pp14.1%below the sector's middle half▲ 4.6pp9.3%▼ 4.8pp9.2%▼ 0.1pp3.9%▼ 5.3pp
Staff (FTE)57.2above the sector's middle half▲ 10.0%197.5above the sector's middle half▲ 245%167.2▼ 15.3%169.2▲ 1.2%38.4▼ 77.3%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0mOperating result 2020: €1.8m€1.8mNet result 2020: €866,972€866,972Operating result 2021: €2.1m€2.1mNet result 2021: €2.2m€2.2mOperating result 2022: €846,824€846,824Net result 2022: €238,224€238,224Operating result 2023: -€598,136-€598,136Net result 2023: €1.6m€1.6mOperating result 2024: -€224,394-€224,394Net result 2024: -€220,149-€220,14920202021202220232024-€1m€0€1m€2mOperating result 2022: €846,824€847,000Net result 2022: €238,224€238,000Operating result 2023: -€598,136-€598,000Net result 2023: €1.6m€1.6mOperating result 2024: -€224,394-€224,000Net result 2024: -€220,149-€220,000202220232024
The operating result stays negative: a loss of €224,394 in 2024 against €598,136 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28.9m
Fixed assets €24,500 ▼ 99.8%
Current assets €28.9m ▼ 42.9%
Equity and liabilities €28.9m
Equity €1.1m ▼ 80.9%
Debt €27.8m ▼ 52.2%
Debt's share of the balance-sheet total rises from 90.8% to 96.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.04▼
2023 · 1.21
Quick ratio
1.02▼
2023 · 1.05
Debt to equity
24.81▲
2023 · 9.88
ROE
-19.6%▼
2023 · 26.7%
ROA
-0.8%▼
2023 · 2.5%
Debt ≤ 1 year
€27.8m▼
2023 · €41.8m
Staff costs
€2.9m▼
2023 · €19.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,102 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss
1.5% went bankrupt
3.5% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,102 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 83 lines
Balance sheet Code20232024
Assets
Total assets20/58€64.0m€28.9m▼
Fixed assets21/28€13.3m€24,500▼
Intangible fixed assets21€2.7m-
Tangible fixed assets22/27€787,938-
Furniture and vehicles24€138,673-
Leasing and similar rights25€127,424-
Other tangible fixed assets26€37,644-
Assets under construction and advance payments27€484,197-
Financial fixed assets28€9.8m€24,500▼
Affiliated companies280/1€9.8m€24,500▼
Participating interests280€2.1m€24,500▼
Amounts receivable281€7.7m-
Companies linked by participating interests282/3€15,374-
Participating interests282€15,374-
Other financial fixed assets284/8€15,118-
Amounts receivable and cash guarantees285/8€15,118-
Current assets29/58€50.6m€28.9m▼
Amounts receivable after more than one year29€47,546-
Other amounts receivable291€47,546-
Stocks and contracts in progress3€6.8m€426,719▼
Contracts in progress37€6.8m€426,719▼
Amounts receivable within one year40/41€41.1m€28.3m▼
Trade receivables40€14.1m€20.6m▲
Other amounts receivable41€27.0m€7.6m▼
Current investments50/53€50€50=
Other investments51/53€50€50=
Cash at bank and in hand54/58€1.9m€49,873▼
Deferred charges and accrued income490/1€804,640€166,570▼
Equity and liabilities
Total equity and liabilities10/49€64.0m€28.9m▼
Equity10/15€5.9m€1.1m▼
Contributions10/11€524,000€119,483▼
Capital10€524,000€119,483▼
Issued capital100€524,000€119,483▼
Reserves13€72,400€16,508▼
Non-distributable reserves130/1€52,400€11,947▼
Legal reserve130€52,400€11,947▼
Distributable reserves133€20,000€4,561▼
Profit (loss) carried forward14€5.3m€984,704▼
Amounts payable17/49€58.1m€27.8m▼
Amounts payable after more than one year17€16.3m-
Financial debts170/4€306,316-
Leasing and similar obligations172€134,789-
Other loans174€171,527-
Other amounts payable178/9€15.9m-
Amounts payable within one year42/48€41.8m€27.8m▼
Financial debts43€2.6m-
Other loans439€2.6m-
Trade debts44€12.2m€21.2m▲
Suppliers440/4€12.2m€21.2m▲
Advances received on contracts in progress46€1.6m-
Taxes, remuneration and social security45€3.5m€48,515▼
Taxes450/3€368,429€25,622▼
Remuneration and social security454/9€3.1m€22,893▼
Other amounts payable47/48€22.0m€6.5m▼
Accrued charges and deferred income492/3€6,808-
Income statement Code20232024
Operating income70/76A€48.4m€20.4m▼
Turnover70€49.5m€7.9m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€2.1m-
Own construction capitalised72€936,711-
Other operating income74€129,570€10.5m▲
Non-recurring operating income76A-€2.0m
Operating charges60/66A€49.0m€20.7m▼
Services and other goods61€28.3m€8.7m▼
Remuneration, social security and pensions62€19.8m€2.9m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€905,329-
Other operating charges640/8€39,004€7.1m▲
Non-recurring operating charges66A-€2.0m
Operating profit (loss)9901-€598,136-€224,394▲
Recurring financial income75€2.6m€4,252▼
Income from financial fixed assets750€2.5m-
Other financial income752/9€69,399€4,252▼
Financial charges65/66B€321,639€7▼
Recurring financial charges65€321,639€7▼
Debt charges650€224,267-
Other financial charges652/9€97,372€7▼
Profit (loss) for the period before taxes9903€1.7m-€220,149▼
Income taxes67/77€115,204-
Taxes670/3€115,204-
Profit (loss) for the period9904€1.6m-€220,149▼
Profit (loss) for the period to be appropriated9905€1.6m-€220,149▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.3m€984,704▼
Profit (loss) brought forward from the previous period14P€3.7m€1.2m▼
Social balance
Average headcount (FTE)9087169.238.4▼

The notes to these accounts (35 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€44.7m€44.1m€48.4m€20.4m▼ 57.8%
Turnover70€40.0m€47.1m€36.5m€49.5m€7.9m▼ 83.9%
Change in stocks of work in progress, finished goods and contracts in progress71--€3.3m€6.0m-€2.1m--
Own construction capitalised72-€698,510€1.3m€936,711--
Other operating income74-€231,858€247,199€129,570€10.5m▲ 8,027%
Non-recurring operating income76A----€2.0m-
Operating charges60/66A-€42.6m€43.3m€49.0m€20.7m▼ 57.9%
Services and other goods61-€21.7m€24.0m€28.3m€8.7m▼ 69.1%
Remuneration, social security and pensions62-€20.2m€18.5m€19.8m€2.9m▼ 85.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€541,613€656,184€778,131€905,329--
Other operating charges640/8-€41,994€37,085€39,004€7.1m▲ 18,061%
Non-recurring operating charges66A----€2.0m-
Operating profit (loss)9901€1.8m€2.1m€846,824-€598,136-€224,394▲ 62.5%
Financial income75/76B-€1.2m----
Recurring financial income75€50,672€1.2m€195,860€2.6m€4,252▼ 99.8%
Income from financial fixed assets750-€1.2m-€2.5m--
Other financial income752/9-€48,790€195,860€69,399€4,252▼ 93.9%
Non-recurring financial income76B--€143,000---
Financial charges65/66B-€441,611€296,532€321,639€7▼ 100.0%
Recurring financial charges65€89,431€105,046€296,532€321,639€7▼ 100.0%
Debt charges650€47,648€31,243€47,403€224,267--
Other financial charges652/9-€73,803€249,129€97,372€7▼ 100.0%
Non-recurring financial charges66B-€336,564----
Profit (loss) for the period before taxes9903€1.1m€2.9m€889,152€1.7m-€220,149▼ 113%
Income taxes67/77€251,760€629,761€650,928€115,204--
Taxes670/3-€629,761€650,928€115,204--
Profit (loss) for the period9904€866,972€2.2m€238,224€1.6m-€220,149▼ 114%
Profit (loss) for the period to be appropriated9905€866,972€2.2m€238,224€1.6m-€220,149▼ 114%
Line20202021202220232024Change
Assets
Total assets20/58€31.8m€33.1m€46.5m€64.0m€28.9m▼ 54.8%
Fixed assets21/28€10.0m€7.9m€10.3m€13.3m€24,500▼ 99.8%
Intangible fixed assets21€1.5m€1.9m€2.6m€2.7m--
Tangible fixed assets22/27€696,017€1.3m€565,052€787,938--
Furniture and vehicles24-€301,358€209,019€138,673--
Leasing and similar rights25---€127,424--
Other tangible fixed assets26-€146,275€79,276€37,644--
Assets under construction and advance payments27-€812,868€276,757€484,197--
Financial fixed assets28€7.8m€4.7m€7.2m€9.8m€24,500▼ 99.8%
Affiliated companies280/1-€4.7m€7.2m€9.8m€24,500▼ 99.7%
Participating interests280-€2.1m€2.1m€2.1m€24,500▼ 98.8%
Amounts receivable281-€2.6m€5.1m€7.7m--
Companies linked by participating interests282/3--€15,374€15,374--
Participating interests282--€15,374€15,374--
Other financial fixed assets284/8-€15,118€15,118€15,118--
Amounts receivable and cash guarantees285/8-€15,118€15,118€15,118--
Current assets29/58€21.8m€25.2m€36.2m€50.6m€28.9m▼ 42.9%
Amounts receivable after more than one year29-€2.9m-€47,546--
Other amounts receivable291-€2.9m-€47,546--
Stocks and contracts in progress3€6.2m€2.9m€8.9m€6.8m€426,719▼ 93.7%
Contracts in progress37-€2.9m€8.9m€6.8m€426,719▼ 93.7%
Amounts receivable within one year40/41€12.8m€16.4m€25.2m€41.1m€28.3m▼ 31.3%
Trade receivables40-€11.7m€12.4m€14.1m€20.6m▲ 45.9%
Other amounts receivable41-€4.8m€12.9m€27.0m€7.6m▼ 71.7%
Current investments50/53--€50€50€50=
Other investments51/53--€50€50€50=
Cash at bank and in hand54/58€2.6m€2.9m€1.8m€1.9m€49,873▼ 97.3%
Deferred charges and accrued income490/1-€63,409€273,834€804,640€166,570▼ 79.3%
Equity and liabilities
Total equity and liabilities10/49€31.8m€33.1m€46.5m€64.0m€28.9m▼ 54.8%
Equity10/15€3.0m€4.7m€4.3m€5.9m€1.1m▼ 80.9%
Contributions10/11€524,000€524,000€524,000€524,000€119,483▼ 77.2%
Capital10-€524,000€524,000€524,000€119,483▼ 77.2%
Issued capital100-€524,000€524,000€524,000€119,483▼ 77.2%
Reserves13€72,400€72,400€72,400€72,400€16,508▼ 77.2%
Non-distributable reserves130/1-€52,400€52,400€52,400€11,947▼ 77.2%
Legal reserve130-€52,400€52,400€52,400€11,947▼ 77.2%
Distributable reserves133-€20,000€20,000€20,000€4,561▼ 77.2%
Profit (loss) carried forward14€2.4m€4.1m€3.7m€5.3m€984,704▼ 81.4%
Amounts payable17/49€28.8m€28.4m€42.2m€58.1m€27.8m▼ 52.2%
Amounts payable after more than one year17€7.5m€2.6m€6.2m€16.3m--
Financial debts170/4-€463,767€281,459€306,316--
Leasing and similar obligations172---€134,789--
Other loans174-€463,767€281,459€171,527--
Other amounts payable178/9-€2.1m€5.9m€15.9m--
Amounts payable within one year42/48€21.2m€25.9m€36.0m€41.8m€27.8m▼ 33.6%
Financial debts43-€784,465€3.8m€2.6m--
Other loans439-€784,465€3.8m€2.6m--
Trade debts44€8.8m€9.1m€10.3m€12.2m€21.2m▲ 74.1%
Suppliers440/4-€9.1m€10.3m€12.2m€21.2m▲ 74.1%
Advances received on contracts in progress46-€1.4m€2.1m€1.6m--
Taxes, remuneration and social security45-€4.0m€3.8m€3.5m€48,515▼ 98.6%
Taxes450/3-€863,309€631,152€368,429€25,622▼ 93.0%
Remuneration and social security454/9-€3.1m€3.2m€3.1m€22,893▼ 99.3%
Other amounts payable47/48-€10.6m€16.1m€22.0m€6.5m▼ 70.3%
Accrued charges and deferred income492/3--€8,362€6,808--
Line20202021202220232024Change
Profit (loss) for the period9904€866,972€2.2m€238,224€1.6m-€220,149▼ 114%
+ Depreciation and write-downs630€541,613€656,184€778,131€905,329--
Operating cash flow (approximation)€1.4m€2.9m€1.0m€2.5m-€220,149▼ 109%
Investment in fixed assets (approximation)-€1.5m-€3.2m-€3.9m€13.3m▲ 441%
Change in cash-€312,261-€1.2m€96,037-€1.8m▼ 1,997%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
03-11
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 95 days late
2024
31-12
Financial Weakest financial yearnet -€220,149
Net result drops to -€220,149, the lowest in the series.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €5mEq €5.9m ▲36.5%
6 profitable years in a row build equity to €5.9m.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
29-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
12-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2018net €2.2m ▲158%
Operating result €2.1m, net result €2.2m, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · consolidated
17-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · consolidated
14-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 32 acts read
About the unread acts

We know of 32 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
32 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, Waterloo · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
615 m²
Building footprint
180 m²
Volume, LiDAR
2,125 m³
Parcel 25763M0157/00_000, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
RHEA SYSTEM SA
Chaussée de Tervuren 60, 1410 WaterlooIT consultancy
since 20002.058.149.562
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25763M0157/00_000 Wallonia 615 m² 1 · 180 m² 14.3 m · 4 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.

Structure & network

Owners and holdings

1 owner · 12 holdings

Chain of control

  1. Belgo Investment 96.8%
  2. RHEA SYSTEM

Highest known parent: Belgo Investment. The sources do not say who stands above it.

Owners 1

Holdings 12

Show 2 more holdings

According to the 2021 annual accounts of RHEA SYSTEM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

European Union, budget

2021 to 2023 · 17 entries · 8,177,790 EUR in total
Year Entries awarded
2023 1 540,100 EUR
2022 10 4,130,626 EUR
2021 6 3,507,064 EUR
Projects
SPECIFIC CONTRACT NO 4 IMPLEMENTING FRAMEWORK CONTRACT NO GSA/OP/05/20/LOT6 - SERVICE ENGINEERING AND SERVICE MANAGEMENT SUPPORT
European Space Programme · 31-10-2022 to 31-10-2023 · 1,428,280 EUR
AMENDMENT N. 1 TO SPECIFIC CONTRACT N. 1 UNDER FRAMEWORK CONTRACT - SERVICE ENGINEERING AND SERVICE MANAGEMENT SUPPORT
European Space Programme · 22-11-2021 to 30-10-2022 · 1,396,957 EUR
SERVICE ENGINEERING AND SERVICE MANAGEMENT SUPPORT TO EUSPA
Other actions · 28-07-2022 to 31-07-2024 · 1,055,100 EUR
SUPPORT SATELITE COMMUNICATION AND OUTREACH ACTIVITIES - SC 9 IMPLEMENTING 712/PP/2018/FC/COPERNICUS, LOT 1
European Space Programme · 22-11-2020 to 21-11-2021 · 833,419 EUR
SPECIFIC CONTRACT N. 2 UNDER FRAMEWORK CONTRACT - SERVICE ENGINEERING AND SERVICE MANAGEMENT SUPPORT
European Space Programme · 04-01-2022 to 04-07-2022 · 697,520 EUR
Show 8 more projects
PROVISION OF TECHNICAL SUPPORT FOR THE EGNSS PROGRAMMES
European Space Programme · 01-10-2020 to 21-11-2021 · 580,225 EUR
SPECIFIC CONTRACT NO GSA/OP/05/20/LOT 6/SC3 IMPLEMENTING FRAMEWORK CONTRACT NO GSA/OP/05/20/LOT 6
European Space Programme · 21-10-2022 to 15-06-2023 · 519,800 EUR
DYNAMO - DYNAMIC RESILIENCE ASSESSMENT METHOD INCLUDING COMBINED BUSINESS CONTINUITY MANAGEMENT AND CYBER THREAT INTELLIGENCE SOLUTION FOR CRITICAL SECTORS
Horizon Europe · 01-10-2022 to 30-09-2025 · 454,813 EUR
PRIVATEER - PRIVACY-FIRST SECURITY ENABLERS FOR 6G NETWORKS
Horizon Europe · 01-01-2023 to 31-12-2025 · 407,026 EUR
ASSESSMENT OF EXTRA-CONTRACTUAL LIABILITY OF THE EU FOR ACTIVITIES CARRIED OUT UNDER THE SPACE PROGRAMME
European Space Programme · 05-07-2022 to 31-05-2023 · 379,970 EUR
SPECIFIC CONTRACT NO 2 UNDER FWC GSA/OP/05/20/LOT10 - TECHNICAL SUPPORT SERVICES FOR THE EU SPACE PROGRAM
European Space Programme · 06-12-2022 to 31-10-2023 · 218,680 EUR
SPECIFIC CONTRACT N. 1 UNDER FRAMEWORK CONTRACT - PROVISION OF MANAGEMENT AND CONTROL SUPPORT OF EUROPEAN SPACE PROGRAMMES
European Space Programme · 22-11-2021 to 30-10-2022 · 206,000 EUR
GLOBAL ACTION TO SUPPORT EU SPACE PROGRAMMES
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 01-06-2021 to 31-05-2024

European research

8 projects · 4,561,920 EUR EU contribution
Programmes
4 entries · 2,870,395 EUR
1 entry · 1,216,926 EUR
3 entries · 474,599 EUR
Projects
European network of Cybersecurity centres and competence Hub for innovation and Operations
Horizon 2020 · participant · 01-02-2019 to 28-02-2023 · 1,228,875 EUR · ECHO
Dynamic Risk Approaches for Automated Cyber Defence
Seventh Framework Programme · participant · 01-11-2013 to 31-10-2016 · 1,216,926 EUR · PANOPTESEC
Protection and privAcy of hospital and health iNfrastructures with smArt Cyber sEcurity and cyber threat toolkit for dAta and people
Horizon 2020 · participant · 01-01-2019 to 28-02-2022 · 700,750 EUR · PANACEA
Civil Cyber Range Platform for a novel approach to cybersecurity threats simulation and professional training
Horizon 2020 · participant · 01-09-2018 to 28-02-2021 · 546,875 EUR · CYBERWISER.EU
Access to Commercial Services Through the EOSC-hub
Horizon 2020 · participant · 01-01-2019 to 31-12-2022 · 393,895 EUR · OCRE
Show 3 more projects
Dynamic Resilience Assessment Method including combined Business Continuity Management and Cyber Threat Intelligence solution for Critical Sectors
Horizon Europe · participant · 01-10-2022 to 31-12-2025 · 197,804 EUR · DYNAMO
Privacy-first Security Enablers for 6G Networks
Horizon Europe · participant · 01-01-2023 to 31-12-2025 · 180,924 EUR · PRIVATEER
5G+ evoluTion to mutioRbitAl multibaNd neTwORks
Horizon Europe · third party · 01-01-2023 to 31-07-2026 · 95,871 EUR · TRANTOR

Recognitions · licences · registrations

Legal Entity Identifier

549300E3R5MJUWZOXJ37
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 1,396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded24-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0447709339
Also 9925:BE0447709339
Registered 16-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.