Turnover
≈ €17,000 estimated
The accounts state no turnover.
Service System & Software Development
Lifetime
19 annual accounts with figures on one time axispeak €37,223 (2016)
€2,536▼ 70.5%
lowest -€2,108 (2022)
-€963▼ €4,620
peak €37,745 (2024)
€36,782▼ 2.6%
€13,608▲ 49.5%
Board1 name since 2021
1 directorGeorgiou Pitagoras
Documentsfilings and deeds
06-10-202667 days late
2025micro format
Gross margin from €8,583 to €2,536Loss of €963Debts from €9,103 to €13,608Cash from €5,614 to €8,375
Key points
from the 2025 annual accountsFilings
19 annual accounts 67 days
Latest accounts filed late: after the legal deadline.
Position in the sector
73.0%
Higher solvency than 82% of companies in retail trade. Sector median 33.1% · 22,924 companies.
Checked score
71
Healthy
Financially stronger than 53% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.2 percentage points vs 09-2025
11-2025: 0.4%▼ -0.4 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.6%▼ -0.3 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 67 days late; 2 of the last 3 accounts late
Size: total assets €50,390
lowers risk
Founded in 2007
Liquidity: current ratio 3.75, cash €8,375
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 83% of them on solvency, 67% on liquidity, 26% on profitability and 34% 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 low class on 30-06-2025, 0.8% 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 Service System & Software Development has now. Each dot stands for 18 companies, two years later.
90.8%
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 Service System & Software Development itself: 0.6% 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 Service System & Software Development. 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 €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.75 (5.15 in 2024), above the usual 1.5. Short-term debt is 26.7% and cash 16.6% of total assets. 27% 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 risk
raises risk · 2025 accounts filed 67 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-10-2026, 67 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
67 days late
2024
61 days late
2023
15 days late
2022
60 days late
2021
53 days late
2020
89 days late
2019
97 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 63 days after 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 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 September (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 0208:0889977869
Incorporation
published on 20-06-2007 · Gazette deed
First establishment
S3D, Terliststraat 5, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Service System & Software Development Antwerp | €50,390 | €2,536 | 73.0% | - |
| YOGAMBER Leuven | €46,696 | €2,528 | 48.8% | - |
| BURO-STORE Sint-Pieters-Leeuw | €57,493 | €3,241 | 65.4% | - |
| HIGH TEC SERVICES Brussels | €49,098 | €3,486 | 82.0% | - |
| ATLAS COMMUNICATION Sint-Gillis (bij-Brussel) | €54,513 | €4,176 | 92.1% | - |
| SD-Ict Tongeren-Borgloon | €56,048 | €3,558 | 53.8% | - |
| MABELLA Ixelles | €59,437 | €4,241 | 9.9% | - |
These companies have the same main activity as Service System & Software Development: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €46,700 and €59,400, founded between 2004 and 2010.
Official details
Source: KBO- Status
- Active since 11-06-2007Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 2 others
- Establishment unit
- 2.163.696.4502018 Antwerp, since 08-06-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Insights on Service System & Software Development
Service System & Software Development files the micro format. That format states no turnover. The gross margin fell from €6,065 in 2007 to €2,536 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 Service System & Software Development
- What is the company number of Service System & Software Development?
- The company number of Service System & Software Development is 0889.977.869. The VAT number is the same number with BE in front: BE 0889.977.869.
- Where is Service System & Software Development based?
- The registered office is at Terliststraat 5, 2018 Antwerp.Company details
- What does Service System & Software Development 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 Service System & Software Development?
- Service System & Software Development is a private limited company (pre-2019) (BVBA).
- When was Service System & Software Development founded?
- Service System & Software Development was founded on 11-06-2007.
- Is Service System & Software Development still active?
- Yes, Service System & Software Development is an active enterprise in the KBO register.
- What is the turnover of Service System & Software Development?
- The turnover in financial year 2025 is ≈ €17,000. This figure is estimated from the gross margin of €2,536 and 37 comparable companies (NACE 47400). It probably lies between €10,000 and €31,000. It is a rough estimate.Financials
- Is Service System & Software Development profitable?
- In financial year 2025, Service System & Software Development made a loss of €963.
- Where can I find the annual accounts of Service System & Software Development?
- Service System & Software Development filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Service System & Software Development due?
- Service System & Software Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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