SOULSYSTEM
ActiveSOULSYSTEM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352k and a net result of €144k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 80% of 31 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+18
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.78 against 5.2 in 2024; short-term debt: 12.6% and cash: 8.1% of total assets), and 19.5% 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○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Sector 60
lower
← 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
80.5%
Return on assets
32.9%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €352k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
105 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€352k▲ 1.2%
2024 · €347k
2019: €366k
2020: €359k
2021: €371k
2022: €372k
2023: €306k
2024: €347k
2019 → 2025
Total assets
€437k▲ 10.1%
2024 · €397k
2019: €442k
2020: €413k
2021: €414k
2022: €555k
2023: €347k
2024: €397k
2019 → 2025
Net result
€144k▲ 246%
2024 · €41k
2019: €54k
2020: €-6k
2021: €11k
2022: €29k
2023: €-16k
2024: €41k
2019 → 2025
Working capital
€207k▲ 0.6%
2024 · €206k
2019: €260k
2020: €253k
2021: €257k
2022: €218k
2023: €157k
2024: €206k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€371k-€372k▲ 0.3%€306k▼ 17.8%€347k▲ 13.6%€352k▲ 1.2%
Operating result€19k-€34k▲ 74.5%€-6k€61k€125k▲ 104%
Net result€11k-€29k▲ 151%€-16k€41k€144k▲ 246%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 104% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €437k
Fixed assets
€175k▲ 23.4%
Current assets
€262k▲ 2.7%
Equity and liabilities €437k
Equity
€352k▲ 1.2%
Debt
€85k▲ 72.5%
The debt ratio rises from 12.5% to 19.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€140k▲
2024 · €75k
Cash flow
€158k▲
2024 · €55k
Solvency
80.5%▼
2024 · 87.5%
Current ratio
4.78▼
2024 · 5.20
Quick ratio
4.78▼
2024 · 5.20
Debt / equity
0.24▲
2024 · 0.14
ROE
40.9%▲
2024 · 11.9%
ROA
32.9%▲
2024 · 10.5%
Interest coverage
465.25▲
2024 · 248.77
Debt
€85k▲
2024 · €49k
Debt ≤ 1 year
€55k▲
2024 · €49k
Debt > 1 year
€23k
Income taxes
€36k▲
2024 · €23k
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€397k€437k▲
Fixed assets21/28€141k€175k▲
Tangible fixed assets22/27€141k€175k▲
Land and buildings22€114k€110k▼
Plant, machinery and equipment23€595-
Furniture and vehicles24€27k€65k▲
Financial fixed assets28€50€50=
Current assets29/58€255k€262k▲
Amounts receivable within one year40/41€212k€225k▲
Trade receivables40€14k€9k▼
Other amounts receivable41€198k€216k▲
Cash at bank and in hand54/58€42k€35k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€397k€437k▲
Equity10/15€347k€352k▲
Contributions10/11€15k€15k=
Reserves13€332k€337k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€331k€335k▲
Amounts payable17/49€49k€85k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€49k€55k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€29k€13k▼
Suppliers440/4€29k€13k▼
Taxes, remuneration and social security45€19k€5k▼
Taxes450/3€19k€5k▼
Other amounts payable47/48€1k€30k▲
Accrued charges and deferred income492/3€348€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€77k€142k▲
Operating profit (loss)9901€61k€125k▲
Financial income75/76B€4k€55k▲
Recurring financial income75€4k€55k▲
Financial charges65/66B€300€300=
Recurring financial charges65€300€300=
Profit (loss) for the period before taxes9903€65k€180k▲
Income taxes67/77€23k€36k▲
Profit (loss) for the period9904€41k€144k▲
Profit (loss) for the period to be appropriated9905€41k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€144k▲
Transfer from equity791/2-€109k
Transfer to equity691/2€41k€114k▲
To other reserves6921€41k€114k▲
Profit to be distributed694/7-€139k
Return on contributions (dividend)694-€109k
Directors or managers695-€30k
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €144k ▲246%
Operating result €125k, net result €144k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-16k ▼154%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 4.83
Current ratio from 2.24 to 4.83; short-term debt falls from €177k to €41k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hove · 1 establishment unit since 1989
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.
Diepestraat 262540 HoveGround area
1,968 m²
Building footprint
241 m²
Volume, LiDAR
1,454 m³
Parcel 11021B0210/00E000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOULSYSTEM BV
since 19892.044.598.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0210/00E000 | Flanders | 1,968 m² | 1 · 241 m² | 9.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
OC MANAGEMENT
BE 0463.759.473
Spa · Eq €382k
FM DEVELOPPEMENT
BE 0455.941.273
Etterbeek · Eq €408k
BUTTERFISH GROUP
BE 0827.890.743
Waterloo · Eq €295k
SNARK PRODUCTIONS
BE 0471.899.357
Namur · Eq €439k
TO-THE-POINT
BE 0450.389.509
Asse · Eq €276k
Of 331 companies in sector 60100 we hold annual accounts for 79. 48 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-1989
Fiscal year end30-06
Activities, NACEBEL
60100Programming, broadcasting, news agency and other content distribution activities
92201
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
59113Video and film production, excluding cinema and television films
59114Motion picture, video and television programme production, sound recording and music publishing activities
59120Post-production of films, video and television programmes
59130Motion picture, video and television programme production, sound recording and music publishing activities
59201Sound recording
59202Motion picture, video and television programme production, sound recording and music publishing activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
92204
Sources
Crossroads Bank for EnterprisesNational Bank · 35 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.