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SYSAR

Active Private limited companyfounded 1998active for 28 yearsMolenstraat 16, 2940 StabroekKBO/BCE: BE 0464.171.724

Lifetime

20 annual accounts with figures on one time axis, 27 filings since 1999
peak €55,861 (2012)
€40,799▲ 41.9%
lowest -€8,060 (2015)
€7,747▲ €8,876
peak €35,438 (2025)
€35,438▲ 28.0%
€9,581▼ 34.9%
peak 1 FTE (2006)
-not published
Board1 name since 2024
- 
Documentsfilings and deeds
12-05-202680 days before the deadline
2025micro format
Gross margin from €28,749 to €40,799Back to profit: €7,747Change of role: , from sole statutory director to statutory… 07-07Equity from €27,691 to €35,438Debts from €14,725 to €9,581

Key points

from the 2025 annual accounts

Liquidity

4.70 was 2.88 in 2024

Short-term debts fell from €14,725 to €9,581.

Filings

27 annual accounts since 1999
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 62 to 86 days before the end of the period.

Position in the sector

78.7%

Higher solvency than 86% of companies in retail trade. Sector median 33.4% · 25,263 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as SYSAR has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • 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 31,386 companies, not a prediction for SYSAR. 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

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

Signals

Board and ownership

last known board
Director, until 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0464171724
Change of role: , from sole statutory director to statutory director Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · General meeting of 26-06-2025 · Gazette deed
First establishment SYSAR TRONICS, Molenstraat 16, Stabroek
Incorporation published on 01-10-1998 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
SYSAR Stabroek €45,019 €40,799 78.7% -
CREAM PROJECTS Antwerp €48,771 €35,063 49.7% -
EVG Systems & Administration Sint-Katelijne-Waver €42,087 €40,264 69.3% -
CYBERCOM.BE Ostend €51,576 €42,067 50.0% -
PHONETRADER Zandhoven €33,320 €26,209 64.3% -
MUSITEL Namur €33,717 €34,895 -47.2% -
LWAFA Molenbeek-Saint-Jean €46,176 €46,161 13.5% -

These companies have the same main activity as SYSAR: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €33,300 and €51,600, founded between 1995 and 2004.

Official details

Source: KBO
Status
Active since 18-09-1998Normal situation
Activity
Retail sale of information and communication equipmentNACE 47400
Establishment unit
2.089.110.4772940 Stabroek, since 04-11-1998
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Annual accounts 2025

≈ €370,000estimated
€45,019▲ 6.1%
Employeeson 31-12-2025
1=
Filing
Filed on 12-05-2026, 80 days before the end of the filing period
Financials

Insights on SYSAR

SYSAR files the micro format. That format states no turnover. The gross margin rose from €36,863 in 2006 to €40,799 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SYSAR

What is the company number of SYSAR?
The company number of SYSAR is 0464.171.724. The VAT number is the same number with BE in front: BE 0464.171.724.
Where is SYSAR based?
The registered office is at Molenstraat 16, 2940 Stabroek.Company details
What does SYSAR do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of SYSAR?
SYSAR is a private limited company (BV).
When was SYSAR founded?
SYSAR was founded on 18-09-1998.
Is SYSAR still active?
Yes, SYSAR is an active enterprise in the KBO register.
How many employees does SYSAR have?
SYSAR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SYSAR?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €40,799 and 398 comparable companies (NACE 47). It probably lies between €200,000 and €610,000.
Is SYSAR profitable?
In financial year 2025, SYSAR made a profit of €7,747.
Where can I find the annual accounts of SYSAR?
SYSAR filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SYSAR due?
SYSAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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