SIGNSYS
ActiveSIGNSYS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €1k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▼-37
Solvency54▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.35 in 2023; short-term debt: 34.5% of total assets), but 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 · 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 2024Solvency, return and age of the figures
Solvency
29.3%
Return on assets
1.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
16 d early
2022
24 d early
2021
33 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▲ 5.1%
2023 · €25k
2018: €10k
2019: €9k
2020: €12k
2021: €19k
2022: €22k
2023: €25k
2018 → 2024
Total assets
€89k▲ 33.1%
2023 · €67k
2018: €49k
2019: €51k
2020: €40k
2021: €45k
2022: €54k
2023: €67k
2018 → 2024
Net result
€1k▼ 58.2%
2023 · €3k
2018: €39
2019: €-1k
2020: €3k
2021: €7k
2022: €3k
2023: €3k
2018 → 2024
Working capital
€29k▲ 102%
2023 · €14k
2018: €10k
2019: €3k
2020: €5k
2021: €13k
2022: €9k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€19k▲ 61.6%€22k▲ 15.2%€25k▲ 14.0%€26k▲ 5.1%
Operating result€-318-€4k€4k▼ 3.1%€3k▼ 22.5%€3k▲ 6.8%
Net result€3k-€7k▲ 141%€3k▼ 60.2%€3k▲ 6.5%€1k▼ 58.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 7% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€30k▲ 146%
Current assets
€59k▲ 8.1%
Equity and liabilities €89k
Equity
€26k▲ 5.1%
Debt
€63k▲ 49.5%
The debt ratio rises from 63.0% to 70.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2023 · €5k
Cash flow
€4k▼
2023 · €6k
Solvency
29.3%▼
2023 · 37.0%
Current ratio
1.93▲
2023 · 1.35
Quick ratio
1.22▼
2023 · 1.35
Debt / equity
2.42▲
2023 · 1.70
ROE
4.9%▼
2023 · 12.3%
ROA
1.4%▼
2023 · 4.6%
Interest coverage
2.01▼
2023 · 20.77
Debt
€63k▲
2023 · €42k
Debt ≤ 1 year
€31k▼
2023 · €41k
Debt > 1 year
€32k
Income taxes
€604▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€67k€89k▲
Fixed assets21/28€12k€30k▲
Tangible fixed assets22/27€9k€27k▲
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€5k€19k▲
Furniture and vehicles24€777€6k▲
Financial fixed assets28€3k€3k=
Current assets29/58€55k€59k▲
Stocks and contracts in progress3-€22k
Stocks30/36-€11k
Contracts in progress37-€11k
Amounts receivable within one year40/41€43k€37k▼
Trade receivables40€41k€31k▼
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€11k-
Deferred charges and accrued income490/1€284€28▼
Equity and liabilities
Total equity and liabilities10/49€67k€89k▲
Equity10/15€25k€26k▲
Contributions10/11€10k€10k=
Reserves13€14k€16k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€13k€16k▲
Amounts payable17/49€42k€63k▲
Amounts payable after more than one year17-€32k
Financial debts170/4-€32k
Amounts payable within one year42/48€41k€31k▼
Current portion of amounts payable after more than one year42€2k€12k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€4k€17k▲
Suppliers440/4€4k€17k▲
Taxes, remuneration and social security45€3k€604▼
Taxes450/3€3k€604▼
Other amounts payable47/48€32k-
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Non-recurring operating income76A-€826
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€404€1k▲
Gross operating margin9900€6k€7k▲
Operating profit (loss)9901€3k€3k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€262€3k▲
Recurring financial charges65€262€3k▲
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€1k€604▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€1k▼
Transfer to equity691/2€3k€1k▼
To other reserves6921€3k€1k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €7k ▲141%
Operating result €4k, net result €7k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-1k ▼3642%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Genk · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Toekomstlaan 53600 GenkGround area
1.1 ha
Building footprint
567 m²
Volume, LiDAR
268 m³
Parcel 71302A0032/00F032, Flanders · tallest building 5.8 m. Linked by address, not a title deed.
1 establishment unit
Signsys
since 20112.197.327.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0032/00F032 | Flanders | 1.1 ha | 1 · 567 m² | 5.8 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,275 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
47400Retail sale of information and communication equipment
47430Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.