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SOULSYSTEM

Active
Private limited companyfounded 1989active for 37 yearsDiepestraat 26, 2540 Hove, BelgiumKBO/BCE: BE 0438.058.235
Summary

SOULSYSTEM has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €448,877 and a net result of €163,253. Equity remains stable across the filed financial years (±0.4% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Programming, broadcasting, news agency and other content distribution activities
NACE 60100
3rd oldest company in the province of Antwerp, Programming and broadcasting sector1 site
Size
€559,657total assets 2026
Equity
€448,877
Profit
€163,253
Turnover not published (abbreviated format)
Financial health
98 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Holdings
1
Accounts 130 days early1 of 6 deeds read
Why 98lowers riskLiquidity: current ratio 5.78, cash €96,971Size: total assets €559,657Sector: Programming, broadcasting, news agency and other content distribution activities (NACE 60)Founded in 1989Show the evidence

Checked score

Score 2026
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 81% of its sector peers (NACE 60, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 80.2% of total assets
Liquidity 71+12
short-term debt 10.6% · cash 17.3%
Profitability 100=
return on assets 29.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (257 companies, NACE 60, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025highest value 03-2025: < 0.1%▼ -0.2 percentage points vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.78, compared with 4.78 in 2025; short-term debt: 10.6% and cash: 17.3% of total assets), and 19.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 60, micro): better than 84% on solvency, 63% on liquidity, 94% on profitability and 83% on growth.

The bankruptcy probability was computed on 11-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.78, cash €96,971
NBB · annual accounts
lowers risk · Size: total assets €559,657
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Programming, broadcasting, news agency and other content distribution activities (NACE 60)
KBO
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year €448,877
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 23-09-2026, 130 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
130 days early
2025
1 day early
2024
on the day
2023
on the day
2022
on the day
2021
105 days early
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 60) for financial year 2024 is 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Board meeting · MergerAppointment: ELJEE BV (statutory auditor)…
  2. Annual accounts filedfinancial year 2026 · abbreviated…
  3. Highest result from 2019 to 2026net €163,253 ▲13.7%

Key points

  • Positive: 3rd oldest company in the province of Antwerp, Programming and broadcasting sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: Equity rose in 2026from €351,544 to €448,877 ▲ 27.7% View

By topic

Financials

Financial year
2026
Total assets
€559,657
Profit
€163,253
Solvency
80.2%
Total assets▲ 28.1%
Net result
20192026
Go to Financials

Timeline

Events
42
Since
1991
Next accounts
by 31-01-2028
  1. 30-01-2026Annual accounts filed
  2. 31-01-2025Annual accounts filed
  3. 30-06-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Programming, broadcasting, news agency and other content distribution…NACE 60100
Founded
24-07-1989
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het verzorgen in de meest uitgebreide zin van het woord van de praktische, juridische…
Go to Articles of association

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