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SysAndCode

Active Private limited companyfounded 2019active for 7 yearsGebr. Danhieuxstraat 18, 3090 OverijseKBO/BCE: BE 0727.423.190

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €72,736 (2024)
€43,063▼ 40.8%
peak €47,438 (2024)
€26,519▼ 44.1%
peak €29,457 (2021)
€29,457unchanged
€47,544▼ 21.3%
Board2 names since 2019
1 director
Documentsfilings and deeds
18-03-2026135 days before the deadline
2025micro format
Gross margin from €72,736 to €43,063Result from €47,438 to €26,519Dividend €26,519Debts from €60,409 to €47,544Cash from €48,209 to €1,236

Key points

from the 2025 annual accounts

Equity

€29,457 =
29,4572024+26,519Profit-26,519Dividend29,4572025

SysAndCode paid out €26,519 in dividends. That is 100% of the 2025 profit.

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as SysAndCode has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,973 companies, not a prediction for SysAndCode. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 75 sharesdeed of 27-05-2019
  • 25 sharesdeed of 27-05-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0727423190
Registered-office move · Amendment of the articles Registered office clause: Gebroeders Danhieuxstraat 18, 3090 Overijse · Gazette deed
Resignations & appointments Director in office: · General meeting of 26-10-2021 · Gazette deed
Incorporation Founding capital of €6,200, 100 shares · Founders: and · Appointments: (director) and (director) · published on 27-05-2019 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
SysAndCode Overijse €77,001 €43,063 38.3% -
RINBO BELGIUM Antwerp €79,746 €49,084 65.7% -
VITAL Herent €132,239 €40,943 -55.1% 1
NOBARO Evergem €98,223 €58,725 1.5% -
CHEZ MARTHA Ixelles €73,172 €33,850 84.3% -
BE! vzw Merelbeke-Melle €102,096 €52,120 98.7% -
Mandaille Productions Schaerbeek €73,791 €35,188 -8.0% -

These companies have the same main activity as SysAndCode: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €73,200 and €132,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 23-05-2019Normal situation
Activity
Promotion and organisation of arts and performing arts eventsNACE 90391and 5 others
Establishment unit
2.290.028.4583090 Overijse, since 23-05-2019
Financial year end
31 December
Peppol
Reachable since 03-01-2026
Company details

Annual accounts 2025

€43,063▼ 40.8%
€26,519▼ 44.1%
€29,457=
€77,001▼ 14.3%
Filing
Filed on 18-03-2026, 135 days before the end of the filing period
Financials

Insights on SysAndCode

SysAndCode files the micro format. That format states no turnover. The gross margin fell from €64,386 in 2019 to €43,063 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 18-03-2026, 135 days before the deadline
€43,063
▼ 40.8%
€33,062
▼ 45.7%
€26,519
▼ 44.1%
€21,712
▲ 44.3%
38.3%
▲ 5.5 percentage points
1.46
▲ 0.21

Turnover 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 31-12-2025
What the company ownsHow it is paid for

in 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.

SysAndCode Middle half of the sector 80% of the sector Micro accounts in creative and performing arts (NACE 90)

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 Trend2025202420232022202120202019
Balance sheet: assets
20/58 77,00189,86685,27845,29960,93353,46242,726
21/28 7,74514,41119,69316,4847,3554,0081,320
22/27 7,74514,41119,69316,4847,3554,0081,320
23 5,2235,5353,7655,2743,7931,997612
24 2,5228,87515,92811,2103,5622,011708
29/58 69,25675,45565,58528,81553,57849,45441,406
40/41 63,53324,58934,1614,65623,46027,14324,334
40 19,433---19,73826,63924,332
41 44,10124,58934,1614,6563,7225042
54/58 1,23648,20930,00612,31329,98220,7176,863
490/1 4,4872,6571,41811,8461361,59310,208
Balance sheet: equity and liabilities
10/49 77,00189,86685,27845,29960,93353,46242,726
10/15 29,45729,45729,45729,45729,45724,04116,644
10/11 6,2006,2006,2006,2006,2006,2006,200
100 ------6,200
11 6,2006,2006,2006,2006,2006,200-
1109/19 6,2006,2006,2006,2006,2006,200-
13 23,25723,25723,25723,25723,25717,84110,444
130/1 620620620620620620-
130 ------620
1311 620620620620620620-
133 22,63722,63722,63722,63722,63717,2219,824
14 ------0
17/49 47,54460,40955,82115,84231,47729,42026,082
42/48 47,54460,40955,82115,81731,47729,42026,082
44 1,205152781,992748931129
440/4 1,205152781,992748931129
45 19,82112,81819,9066,82311,21711,09211,444
450/3 19,82112,81819,9066,82311,21711,09211,444
47/48 26,51947,43835,8377,00219,51217,39714,509
492/3 ---25---
Income statement
9900 43,06372,73661,43115,42011,87313,26564,386
630 9,38310,1829,5406,1312,42791145,228
640/8 6171,623876136360645-
66A --4,471----
9901 33,06260,93246,5449,1539,08511,70819,158
75/76B 1,913304575870---
75 1,913304575870---
65/66B 1003281446465301,306176
65 100328776465301,306176
66B --67----
9903 34,87560,90846,9759,3778,55510,40318,982
67/77 8,35613,46911,1382,3753,1403,0055,314
9904 26,51947,43835,8377,0025,4157,39713,668
9905 26,51947,43835,8377,0025,4157,39713,668
Appropriation of the result
9906 26,51947,43835,8377,0025,4157,39713,668
691/2 ----5,4157,39710,444
6920 -----7,397620
6921 ----5,415-9,824
694/7 26,51947,43835,8377,002--3,224
694 26,51947,43835,8377,002--3,224
Document PDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

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 PDF
31-12-2024 micro format 16-07-2025 2025-00273966 PDF
31-12-2023 micro format 29-08-2024 2024-00395003 PDF
31-12-2022 micro format 22-08-2023 2023-00340575 PDF
31-12-2021 micro format 26-08-2022 2022-20320867 PDF
31-12-2020 micro format 30-08-2021 2021-60300473 PDF
31-12-2019 micro format 31-08-2020 2020-51100028 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
42,44671,11456,08415,28411,51312,62064,386
35,90257,62045,37713,1327,8438,30958,896
2,7174,89917,27215,2595,7743,6001,561
-46,97318,20317,692-17,6699,26513,854-
21,71215,0469,76312,99822,10220,03315,324
38.3%32.8%34.5%65.0%48.3%45.0%39.0%
1.461.251.171.821.701.681.59
1.612.051.900.541.071.221.57
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 100over 100over 10023.6521.71--

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
Item20252024202320222021
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.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 27-05-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 18-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 27-05-2019

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
    • Director (not named in the articles), from 23-05-2019 to date
    • Director (not named in the articles), appointed by deed of 27-05-2019, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Founders
,
This company
SysAndCode
Equity €29,457
Profit €26,519 in 2025

Capital

Contribution
€6,200
Shares
100
Contribution per share
€62
Equity per share
€295 in 2025
Source
deed of 27-05-2019

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-07-2023 (in French)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 18:00
deed of 27-05-2019 (in French)

Shareholders

At incorporation deed of 27-05-2019 ↗
  • 75 shares (75%) · €4,650
  • 25 shares (25%) · €1,550

Capital transactions

Capital over time
  1. 19-07-2023 Capital stated in the deed · 100 shares
  2. 27-05-2019 Incorporation · €6,200 · 100 shares

Network & group

No group

SysAndCode has no parent and no holdings in its annual accounts. is the only director. SysAndCode shares no director with another company.

Timeline

Timeline

14 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 135 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0727423190
2025
Annual accounts 2024 filed PDFmicro format · 15 days before the deadline
2024
Highest result from 2019 to 2025 net €47,438 ▲32.4% The operating result of €60,932 and the net result of €47,438 are both a record.
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Annual accounts 2022 filed PDFmicro format · 22 days late
Registered-office move · Amendment of the articlesRegistered office clause: Gebroeders Danhieuxstraat 18, 3090 Overijse3 points ▸
  • 100 shares
  • Registered office clause, Gebroeders Danhieuxstraat 18, 3090 Overijse
  • Power of attorney,
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFmicro format · 26 days late
Resignations & appointmentsDirector in office: · General meeting of 26-10-20211 point ▸
2021
Weakest financial year net €5,415 ▼26.8% The net result drops to €5,415, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Annual accounts 2019 filed PDFmicro format · 31 days late
2019
IncorporationFounding capital of €6,200, 100 shares · Founders: and · Appointments: (director) and (director) · published on 27-05-20198 points ▸
  • Founder,
  • Founder,
  • Founding capital, €6,200, 100 shares
  • 100 shares
  • Registered office clause, Avenue Emile Van Becelaere 15, boîte 18, 1170 Watermael-Boitsfort
  • Board rule, 2
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Gebr. Danhieuxstraat 18, Overijse

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SysAndCode was incorporated on 23 May 2019 as a private limited company by two natural persons, with a starting capital of €6,200.12 is director of the company, appointed by deed of 27-05-2019.2 Total assets rose from €42,726 in 2019 to €77,001 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-05-2019
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0727.423.190
VAT number
BE 0727.423.190
Peppol ID
0208:0727423190
Other Peppol ID
9925:BE0727423190
Legal form
Private limited company
Status
Active, normal situation
Founded
23-05-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 18:00
deed of 27-05-2019 (in French)
Peppol
Reachable since 03-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SysAndCode in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-07-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 19-07-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
90021 Arts creation and performing arts activities main activity
47630 Retail trade
62010 Computer programming, consultancy and related activities
62030 Computer programming, consultancy and related activities
63120 Computing infrastructure, data processing, hosting and other information service activities
70210 Activities of head offices; management consultancy activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Aankoop,creatie en wederverkoop van websites en web portalen; Reparatie van computers en randapparatuur; Diensten,advies en consultancy,met…”
29 activities
  1. Aankoop,creatie en wederverkoop van websites en web portalen;
  2. Reparatie van computers en randapparatuur;
  3. Diensten,advies en consultancy,met name op technologisch,IT- of elektronisch gebied,zonder dat deze opsomming limitatief is;
  4. Advies- en managementdiensten,met name op het gebied van IT,reclame en media,en digitale communicatie,met inbegrip van het optimaliseren van de prestaties van reclamecampagnes op digitale media,het analyseren van de prestaties van reclamecampagnes en alle advieswerkzaamheden in de ruimste zin van het woord,ongeacht of het gaat om strategisch advies,marketing,mediaplanning,marktonderzoek of enig ander advies;
  5. Het verlenen van auditdiensten die direct of indirect betrekking hebben op de IT-sector:
  6. Het verrichten van alle handelingen met betrekking tot de aan- en verkoop van al dan niet digitale advertentieruimte,alsmede de distributie,het verlenen van diensten met betrekking tot communicatietechnieken via alle media,het ontwerpen en beheren van mediaplannen en alle handelingen die rechtstreeks of onrechtstreeks verband houden met de IT-,consumenten-,promotie- en mediasector in de ruimste zin;
  7. Het ontwerpen,beheren,ontwikkelen,analyseren,onderhouden en op de markt brengen van computersoftware,-programma's en -software;
  8. Het ontwerpen,beheren,ontwikkelen,analyseren,onderhouden,hosten,aankopen en vermarkten van websites;
  9. De aankoop,het beheer en de verkoop van "DNS" domeinnamen;
  10. De verkoop,de verhuur,de installatie,het beheer,de bediening en het onderhoud van computerapparatuur,computeronderdelen,elektronische telecommunicatienetwerken en computernetwerken in de ruimste zin van het woord,met inbegrip van de organisatie van cursussen en opleidingen,de kennismaking met computerhulpmiddelen enz.en aanverwante technieken;
  11. Reclame en grafische vormgeving,het maken en/of kopen/verkopen van teksten,boodschappen,logo's,afbeeldingen,verpakkingen,displays,beursstands,al dan niet reclamegadgets,tijdschriften,illustraties,muziek,liedjes en jingles,strips,folders,cd's,cd-roms,dvd's,catalogi,posters,belettering,promotieartikelen,video's,internet en multimedia,en alle andere goederen en communicatiemiddelen;
  12. Het schrijven,produceren,drukken,distribueren,uitgeven,verspreiden en promoten van deze producten;
  13. De creatie en productie van reclameboodschappen voor radio,televisie,bioscoop,internet,de pers en de media in het algemeen;
  14. De creatie,productie,publicatie en/of marketing van communicatieproducten,pers,online of audiovisuele inhoud,strips,parastrips,kunst- en designobjecten;
  15. Het ontwerp en technisch beheer van communicatiekanalen zoals direct mail,telefonische campagnes,affiliatie,e-mailing en elke andere vorm van communicatie die als direct marketing kan worden aangemerkt;
  16. Het beheer van reclamemedia:
  17. De exploitatie van alle octrooien,licenties,bedrijfsgeheimen,ontwerpen of modellen;
  18. De activiteit van public relations voor derden met het oog op het uitwerken,produceren,promoten of uitvoeren van elke activiteit of elk contract in verband met klantenprospectie,communicatie,onder andere bekend als "persattaché",journalist gespecialiseerd in IT en digitale marketing of "public relations officer" en "consultant":
  19. De organisatie van promotiecampagnes;
  20. De creatie,animatie en beheer van evenementen,prijsuitreikingen,diverse plechtigheden en conferenties in het algemeen;
  21. De realisatie,conceptie en promotie van commerciële,culturele,artistieke en/of sportieve evenementen,alsook elke dienstverlenende activiteit die rechtstreeks of onrechtstreeks tot doel heeft het succes van haar activiteiten bij het grote publiek,sponsors en/of klanten te verzekeren;
  22. De aankoop,verkoop,invoer,uitvoer,klein- en groothandel van alle materiële goederen die verband houden met de bovengenoemde activiteiten;
  23. Opleiding die rechtstreeks of onrechtstreeks geheel of gedeeltelijk verband houdt met haar doel;
  24. De studie,oprichting,ontwikkeling en uitbating,zowel in België als in het buitenland,van reclamebureaus en dergelijke;
  25. De aan- en verkoop van consumptiegoederen;
  26. De in- en uitvoer van diverse goederen;
  27. Het verlenen van logistieke diensten;
  28. E-commerce;
  29. E-marketing.
deed of 19-07-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Gebr. Danhieuxstraat 18 registered office 3090 Overijse 23-05-2019 2.290.028.458

Buildings and parcels at the address

Ground area
216 m²
Buildings
117 m²
Volume, LiDAR
726 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
117 m², 8.1 m 117 m², 8.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23544D0227/00A002216 m² 1 · 117 m² 8.1 m · 2

Contact

E-mail isabel@brussels-accountants.be