SYDES
ActiveSYDES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €960k and a net result of €21k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 46% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+11
Solvency97▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.43 in 2024), and 43.9% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
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
56.1%
Return on assets
1.2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 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
30 d late
2024
2 d early
2023
6 d late
2022
20 d late
2021
on the day
2020
3 d early
2019
17 d early
← 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 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€960k▲ 2.3%
2024 · €939k
2019: €979k
2020: €946k
2021: €942k
2022: €952k
2023: €942k
2024: €939k
2019 → 2025
Total assets
€1.71M▲ 7.5%
2024 · €1.59M
2019: €1.51M
2020: €1.45M
2021: €1.42M
2022: €1.49M
2023: €1.52M
2024: €1.59M
2019 → 2025
Net result
€21k
2024 · €-3k
2019: €38k
2020: €-33k
2021: €-5k
2022: €10k
2023: €-10k
2024: €-3k
2019 → 2025
Working capital
€959k▲ 2.3%
2024 · €938k
2019: €978k
2020: €945k
2021: €940k
2022: €950k
2023: €940k
2024: €938k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€942k-€952k▲ 1.0%€942k▼ 1.0%€939k▼ 0.3%€960k▲ 2.3%
Operating result€-4k-€11k€-9k€-2k▲ 76.3%€24k
Net result€-5k-€10k€-10k€-3k▲ 74.0%€21k
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 returns to profit in 2025: €24k after a loss of €2k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€2k=
Current assets
€1.71M▲ 7.5%
Equity and liabilities €1.71M
Equity
€960k▲ 2.3%
Debt
€753k▲ 15.1%
The debt ratio rises from 41.0% to 43.9%: debt grows faster than equity.
Key figures and ratios
Solvency
56.1%▼
2024 · 59.0%
Current ratio
2.27▼
2024 · 2.43
Quick ratio
2.27▼
2024 · 2.43
Debt / equity
0.78▲
2024 · 0.70
ROE
2.2%▲
2024 · -0.3%
ROA
1.2%▲
2024 · -0.2%
Debt
€753k▲
2024 · €654k
Debt ≤ 1 year
€753k▲
2024 · €654k
Income taxes
€2k▲
2024 · €0
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€1.59M€1.71M▲
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€1.59M€1.71M▲
Amounts receivable within one year40/41€1.59M€1.71M▲
Trade receivables40€334k€452k▲
Other amounts receivable41€1.26M€1.26M▲
Cash at bank and in hand54/58€908€874▼
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.71M▲
Equity10/15€939k€960k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€871k€892k▲
Amounts payable17/49€654k€753k▲
Amounts payable within one year42/48€654k€753k▲
Trade debts44€625k€643k▲
Suppliers440/4€625k€643k▲
Advances received on contracts in progress46€234€234=
Taxes, remuneration and social security45€2k€12k▲
Taxes450/3€2k€12k▲
Other amounts payable47/48€27k€97k▲
Income statement
Code20242025
Other operating charges640/8€1k€982▼
Gross operating margin9900€-1k€25k▲
Operating profit (loss)9901€-2k€24k▲
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€302€242▼
Recurring financial charges65€302€242▼
Profit (loss) for the period before taxes9903€-3k€24k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-3k€21k▲
Profit (loss) for the period to be appropriated9905€-3k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€871k€892k▲
Profit (loss) brought forward from the previous period14P€874k€871k▼
The notes to these accounts (3 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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-06
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
30-06
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-33k ▼186%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
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
2 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, Dilbeek · 1 establishment unit since 1990
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.
Bodegemstraat 1471700 DilbeekGround area
1,833 m²
Building footprint
183 m²
Volume, LiDAR
1,364 m³
Parcel 23016E0191/00T000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SYSTEM DEVELOPMENT SERVICES
since 19902.048.623.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016E0191/00T000 | Flanders | 1,833 m² | 1 · 183 m² | 12.3 m · 3 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
FORCEA
BE 0883.520.342
Zaventem · Eq €963k
NUYTTENS AUTOMATISATIE
BE 0464.565.365
Wielsbeke · Eq €964k
Prodware Belgium
BE 0455.467.062
Mont-Saint-Guibert · Eq €957k
BRIGHTANALYTICS
BE 0555.899.773
Hooglede · Eq €965k
DEVSIDE
BE 0892.864.907
Sint-Lambrechts-Woluwe · Eq €956k
Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 4,171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-06-1990
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.