SysAndCode
Annual accounts 2025
micro format, filed on 18-03-2026, 135 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €71,000 and €200,000.
Balance sheet
balance sheet total €77,001 on 31-12-2025in euro
in euro
Position in the sector
38.3%
Higher than 42% of 2,608 companies in 2025.
1.46
Higher than 42% of 2,468 companies in 2025.
34.4%
Higher than 87% of 2,513 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
77,001 | 89,866 | 85,278 | 45,299 | 60,933 | 53,462 | 42,726 | |
21/28 |
7,745 | 14,411 | 19,693 | 16,484 | 7,355 | 4,008 | 1,320 | |
22/27 |
7,745 | 14,411 | 19,693 | 16,484 | 7,355 | 4,008 | 1,320 | |
23 |
5,223 | 5,535 | 3,765 | 5,274 | 3,793 | 1,997 | 612 | |
24 |
2,522 | 8,875 | 15,928 | 11,210 | 3,562 | 2,011 | 708 | |
29/58 |
69,256 | 75,455 | 65,585 | 28,815 | 53,578 | 49,454 | 41,406 | |
40/41 |
63,533 | 24,589 | 34,161 | 4,656 | 23,460 | 27,143 | 24,334 | |
40 |
19,433 | - | - | - | 19,738 | 26,639 | 24,332 | |
41 |
44,101 | 24,589 | 34,161 | 4,656 | 3,722 | 504 | 2 | |
54/58 |
1,236 | 48,209 | 30,006 | 12,313 | 29,982 | 20,717 | 6,863 | |
490/1 |
4,487 | 2,657 | 1,418 | 11,846 | 136 | 1,593 | 10,208 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
77,001 | 89,866 | 85,278 | 45,299 | 60,933 | 53,462 | 42,726 | |
10/15 |
29,457 | 29,457 | 29,457 | 29,457 | 29,457 | 24,041 | 16,644 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 6,200 | |
11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | |
1109/19 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | |
13 |
23,257 | 23,257 | 23,257 | 23,257 | 23,257 | 17,841 | 10,444 | |
130/1 |
620 | 620 | 620 | 620 | 620 | 620 | - | |
130 |
- | - | - | - | - | - | 620 | |
1311 |
620 | 620 | 620 | 620 | 620 | 620 | - | |
133 |
22,637 | 22,637 | 22,637 | 22,637 | 22,637 | 17,221 | 9,824 | |
14 |
- | - | - | - | - | - | 0 | |
17/49 |
47,544 | 60,409 | 55,821 | 15,842 | 31,477 | 29,420 | 26,082 | |
42/48 |
47,544 | 60,409 | 55,821 | 15,817 | 31,477 | 29,420 | 26,082 | |
44 |
1,205 | 152 | 78 | 1,992 | 748 | 931 | 129 | |
440/4 |
1,205 | 152 | 78 | 1,992 | 748 | 931 | 129 | |
45 |
19,821 | 12,818 | 19,906 | 6,823 | 11,217 | 11,092 | 11,444 | |
450/3 |
19,821 | 12,818 | 19,906 | 6,823 | 11,217 | 11,092 | 11,444 | |
47/48 |
26,519 | 47,438 | 35,837 | 7,002 | 19,512 | 17,397 | 14,509 | |
492/3 |
- | - | - | 25 | - | - | - | |
| Income statement | ||||||||
9900 |
43,063 | 72,736 | 61,431 | 15,420 | 11,873 | 13,265 | 64,386 | |
630 |
9,383 | 10,182 | 9,540 | 6,131 | 2,427 | 911 | 45,228 | |
640/8 |
617 | 1,623 | 876 | 136 | 360 | 645 | - | |
66A |
- | - | 4,471 | - | - | - | - | |
9901 |
33,062 | 60,932 | 46,544 | 9,153 | 9,085 | 11,708 | 19,158 | |
75/76B |
1,913 | 304 | 575 | 870 | - | - | - | |
75 |
1,913 | 304 | 575 | 870 | - | - | - | |
65/66B |
100 | 328 | 144 | 646 | 530 | 1,306 | 176 | |
65 |
100 | 328 | 77 | 646 | 530 | 1,306 | 176 | |
66B |
- | - | 67 | - | - | - | - | |
9903 |
34,875 | 60,908 | 46,975 | 9,377 | 8,555 | 10,403 | 18,982 | |
67/77 |
8,356 | 13,469 | 11,138 | 2,375 | 3,140 | 3,005 | 5,314 | |
9904 |
26,519 | 47,438 | 35,837 | 7,002 | 5,415 | 7,397 | 13,668 | |
9905 |
26,519 | 47,438 | 35,837 | 7,002 | 5,415 | 7,397 | 13,668 | |
| Appropriation of the result | ||||||||
9906 |
26,519 | 47,438 | 35,837 | 7,002 | 5,415 | 7,397 | 13,668 | |
691/2 |
- | - | - | - | 5,415 | 7,397 | 10,444 | |
6920 |
- | - | - | - | - | 7,397 | 620 | |
6921 |
- | - | - | - | 5,415 | - | 9,824 | |
694/7 |
26,519 | 47,438 | 35,837 | 7,002 | - | - | 3,224 | |
694 |
26,519 | 47,438 | 35,837 | 7,002 | - | - | 3,224 | |
| Document | ||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 18-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-03-2026 | 2026-00056483 | |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00273966 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00395003 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00340575 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20320867 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-60300473 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-51100028 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 42,446 | 71,114 | 56,084 | 15,284 | 11,513 | 12,620 | 64,386 | ||
| 35,902 | 57,620 | 45,377 | 13,132 | 7,843 | 8,309 | 58,896 | ||
| 2,717 | 4,899 | 17,272 | 15,259 | 5,774 | 3,600 | 1,561 | ||
| -46,973 | 18,203 | 17,692 | -17,669 | 9,265 | 13,854 | - | ||
| 21,712 | 15,046 | 9,763 | 12,998 | 22,102 | 20,033 | 15,324 | ||
| 38.3% | 32.8% | 34.5% | 65.0% | 48.3% | 45.0% | 39.0% | ||
| 1.46 | 1.25 | 1.17 | 1.82 | 1.70 | 1.68 | 1.59 | ||
| 1.61 | 2.05 | 1.90 | 0.54 | 1.07 | 1.22 | 1.57 | ||
| 90.0% | 161.0% | 121.7% | 23.8% | 18.4% | 30.8% | 82.1% | ||
| 34.4% | 52.8% | 42.0% | 15.5% | 8.9% | 13.8% | 32.0% | ||
| over 100 | over 100 | over 100 | 23.65 | 21.71 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,717 | €4,899 | €17,272 | €15,259 | €5,774 |
| €9,383 | €10,182 | €9,540 | €6,131 | €2,427 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SysAndCode
The operating result for 2025 is 46% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 67.2% to 61.7%. Debt is lower.