Sorcery Systems Group
ActiveSorcery Systems Group has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €19k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 51% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency69▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.63 in 2024; short-term debt: 51.5% and cash: 33.4% of total assets), but 56% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44%
Return on assets
22.3%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
10 d early
2023
12 d late
2022
23 d late
2021
47 d late
2020
27 d late
2019
38 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k=
2024 · €38k
2018: €18k
2019: €23k
2020: €28k
2021: €25k
2022: €60k
2023: €38k
2024: €38k
2018 → 2025
Total assets
€85k▼ 2.9%
2024 · €88k
2018: €44k
2019: €47k
2020: €49k
2021: €74k
2022: €97k
2023: €64k
2024: €88k
2018 → 2025
Net result
€19k▼ 30.7%
2024 · €27k
2018: €-583
2019: €25k
2020: €5k
2021: €-4k
2022: €36k
2023: €19k
2024: €27k
2018 → 2025
Working capital
€38k▲ 21.5%
2024 · €31k
2018: €13k
2019: €16k
2020: €18k
2021: €20k
2022: €52k
2023: €26k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€60k▲ 145%€38k▼ 37.6%€38k=€38k=
Operating result€-3k-€51k€26k▼ 49.0%€41k▲ 59.1%€28k▼ 32.3%
Net result€-4k-€36k€19k▼ 46.6%€27k▲ 44.8%€19k▼ 30.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€4k▼ 50.3%
Current assets
€82k▲ 1.5%
Equity and liabilities €85k
Equity
€38k=
Debt
€48k▼ 5.0%
The debt ratio falls from 57.3% to 56.0%. Debt is lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €46k
Cash flow
€23k▼
2024 · €32k
Solvency
44.0%▲
2024 · 42.7%
Current ratio
1.86▲
2024 · 1.63
Quick ratio
1.86▲
2024 · 1.63
Debt / equity
1.27▼
2024 · 1.34
ROE
50.7%▼
2024 · 73.2%
ROA
22.3%▼
2024 · 31.3%
Interest coverage
38.14▼
2024 · 54.58
Debt
€48k▼
2024 · €50k
Debt ≤ 1 year
€44k▼
2024 · €49k
Income taxes
€9k▼
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€88k€85k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€3k▼
Plant, machinery and equipment23€487€203▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€223€223=
Current assets29/58€80k€82k▲
Amounts receivable within one year40/41€58k€49k▼
Trade receivables40€49k€25k▼
Other amounts receivable41€8k€24k▲
Cash at bank and in hand54/58€21k€28k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€88k€85k▼
Equity10/15€38k€38k=
Contributions10/11€3k€3k=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Reserves not available under the articles1311€16k€16k=
Profit (loss) carried forward14€19k€19k=
Amounts payable17/49€50k€48k▼
Amounts payable within one year42/48€49k€44k▼
Financial debts43€962-
Credit institutions430/8€962-
Trade debts44€23k€24k▲
Suppliers440/4€23k€24k▲
Taxes, remuneration and social security45€21k€17k▼
Taxes450/3€21k€17k▼
Other amounts payable47/48€4k€3k▼
Accrued charges and deferred income492/3€957€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€627€6k▲
Gross operating margin9900€46k€37k▼
Operating profit (loss)9901€41k€28k▼
Financial income75/76B€75€1k▲
Recurring financial income75€75€1k▲
Financial charges65/66B€839€826▼
Recurring financial charges65€839€826▼
Profit (loss) for the period before taxes9903€40k€28k▼
Income taxes67/77€13k€9k▼
Profit (loss) for the period9904€27k€19k▼
Profit (loss) for the period to be appropriated9905€27k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€38k▼
Profit (loss) brought forward from the previous period14P€19k€19k=
Profit to be distributed694/7€27k€19k▼
Return on contributions (dividend)694€27k€19k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
07-08
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 19/06/2026
- Registered-office move, Rue de la Ferrée 90, 6120 Ham-sur-Heure-Nalinnes
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
2021
31-12
Financial
Weakest financial yearnet €-4k ▼171%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2015
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.
Rue Ferrée(NAL) 906120 Ham-sur-Heure-NalinnesGround area
3,724 m²
Building footprint
279 m²
Volume, LiDAR
919 m³
2 parcels, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SORCERY SYSTEMS
since 20152.240.890.931
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52036B0214/00R014 | Wallonia | 3,139 m² | 1 · 133 m² | 9.3 m · 2 fl. |
| 56058B0120/00P000 | Wallonia | 586 m² | 1 · 146 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2015
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sorcery-systems.com
E-mail:alan.hortz@gmail.com