Sys Project
ActiveSummary
The computed 12-month bankruptcy probability of Sys Project is 3.8% (moderate). The 2024 annual accounts show equity of €294k and a net result of €284k. Its solvency ranks better than 57% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency65
Growth-
Track record79
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days only on tighter terms
Liquidity tight (current ratio 1.24; short-term debt: 54.6% and cash: 36.2% of total assets), and 60% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€294k
Total assets
€735k
Net result
€284k
Working capital
€95k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €734k
Fixed assets
€239k
Current assets
€496k
Equity and liabilities €735k
Equity
€294k
Debt
€441k
Debt finances 60.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€444k
Cash flow
€331k
Current ratio
1.24
Quick ratio
1.17
Debt to equity
1.50
ROE
96.6%
ROA
38.6%
Interest coverage
18.64
Debt ≤ 1 year
€401k
Debt > 1 year
€40k
Income taxes
€89k
Staff costs
€272k
Filed annual accounts As filed with the NBB · 2024 · 42 lines
Balance sheet
Code2024
Assets
Total assets20/58€735k
Formation expenses20€441
Fixed assets21/28€239k
Tangible fixed assets22/27€239k
Furniture and vehicles24€10k
Other tangible fixed assets26€229k
Current assets29/58€496k
Stocks and contracts in progress3€28k
Stocks30/36€28k
Amounts receivable within one year40/41€201k
Trade receivables40€193k
Other amounts receivable41€9k
Cash at bank and in hand54/58€266k
Deferred charges and accrued income490/1€122
Equity and liabilities
Total equity and liabilities10/49€735k
Equity10/15€294k
Contributions10/11€10k
Profit (loss) carried forward14€284k
Amounts payable17/49€441k
Amounts payable after more than one year17€40k
Financial debts170/4€40k
Amounts payable within one year42/48€401k
Current portion of amounts payable after more than one year42€13k
Trade debts44€193k
Suppliers440/4€193k
Advances received on contracts in progress46€8k
Taxes, remuneration and social security45€186k
Taxes450/3€156k
Remuneration and social security454/9€30k
Other amounts payable47/48€885
Income statement
Code2024
Remuneration, social security and pensions62€272k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k
Other operating charges640/8€12k
Gross operating margin9900€728k
Operating profit (loss)9901€397k
Financial charges65/66B€24k
Recurring financial charges65€24k
Profit (loss) for the period before taxes9903€373k
Income taxes67/77€89k
Profit (loss) for the period9904€284k
Profit (loss) for the period to be appropriated9905€284k
Appropriation of the result
Profit (loss) to be appropriated9906€284k
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Fleurus · 3 establishment units since 2023
Ground area
4.6 ha
Building footprint
2.0 ha
Volume, LiDAR
137,989 m³
4 parcels, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Chaussée de Tongres 269, 4000 Liège
since 20232.348.207.573
Boutique Dressy
since 20242.359.786.603
Boutique Dressy
since 20262.387.048.947
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53041B0729/00Z003 | Wallonia | 4.2 ha | 1 · 1.7 ha | 10.7 m · 2 fl. |
| 62087B0259/00M002 | Wallonia | 2,262 m² | 1 · 2,158 m² | 13.3 m · 4 fl. |
| 52302A1138/00X000 | Wallonia | 1,734 m² | - | - |
| 52021D0747/00B005 | Wallonia | 371 m² | 1 · 91 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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
HELUAR
BE 0472.493.730
Waterloo · Eq €293,600
The Famous GO-Go Club
BE 0411.976.618
Zutendaal · Eq €292,866
D-UNDERWEAR
BE 0469.029.444
Brussel · Eq €291,962
MARANY
BE 0427.453.264
Geraardsbergen · Eq €291,884
MANNENS HILDE - BUSSCHAERT LIEVEN
BE 0432.829.737
Tielt · Eq €296,249
Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47120Other non-specialised retail sale
47711Retail sale of women's outerwear
47713Retail trade
47714Retail trade
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.