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SYSCOL

Active
Private limited company (pre-2019)founded 199729 yrs activeEedgenotenstraat 133, 1000 Brussel, BelgiumKBO/BCE: BE 0459.877.097

SYSCOL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27k and a net result of €4k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 1555 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
56 / 100
Fair▼ -28 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-10
Solvency32▼-1
Growth69▼-3
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 1.0 against 1.09 in 2023), and 77.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
22.8%
Return on assets
3.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
69 d late
2021
31 d late
2020
59 d late
2019
59 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
€146k▼ 5.7%
2023 · €155k
2018: €105k 2019: €119k 2020: €156k 2021: €128k 2022: €149k 2023: €155k
2018 → 2024
EBIT margin
4.0%▼ 0.5pp
2023 · 4.6%
2018: 2.3% 2019: 2.9% 2020: 3.8% 2021: 0.5% 2022: 5.0% 2023: 4.6%
2018 → 2024
Net result
€4k▼ 12.6%
2023 · €5k
2018: €1k 2019: €2k 2020: €4k 2021: €43 2022: €4k 2023: €5k
2018 → 2024
Working capital
€-48
2023 · €7k
2018: €4k 2019: €7k 2020: €-21k 2021: €-21k 2022: €-6k 2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€156k-€128k▼ 18.0%€149k▲ 16.2%€155k▲ 4.2%€146k▼ 5.7%
Equity€14k-€15k▲ 0.3%€18k▲ 27.2%€23k▲ 25.0%€27k▲ 17.5%
Operating result€6k-€620▼ 89.7%€7k▲ 1,108%€7k▼ 5.6%€6k▼ 16.5%
Net result€4k-€43▼ 99.0%€4k▲ 9,140%€5k▲ 17.0%€4k▼ 12.6%
Result per fiscal year
Operating resultNet result
€0€2k€4k€6k€8kOperating result 2020: €6k€6kNet result 2020: €4k€4kOperating result 2021: €620€620Net result 2021: €43€43Operating result 2022: €7k€7kNet result 2022: €4k€4kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €6k€6kNet result 2024: €4k€4k20202021202220232024
The operating result has fallen two years in a row; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets €52k▲ 219%
Current assets €67k▼ 21.8%
Equity and liabilities €119k
Equity €27k▲ 17.5%
Debt €92k▲ 16.0%
The debt ratio falls from 77.4% to 77.2%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€16k
2023 · €18k
Cash flow
€15k
2023 · €16k
Solvency
22.8%
2023 · 22.6%
Current ratio
1.00
2023 · 1.09
Quick ratio
0.97
2023 · 1.07
Debt / equity
3.38
2023 · 3.42
ROE
14.9%
2023 · 20.0%
ROA
3.4%
2023 · 4.5%
Interest coverage
24.47
2023 · 17.58
Debt
€92k
2023 · €79k
Debt ≤ 1 year
€67k
2023 · €79k
Debt > 1 year
€22k
Income taxes
€1k
2023 · €1k
Staff costs
€779
2023 · €649
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€102k€119k
Fixed assets21/28€16k€52k
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€16k€52k
Land and buildings22€329€155
Plant, machinery and equipment23€7k€7k
Furniture and vehicles24€9k€44k
Other tangible fixed assets26€250€250=
Current assets29/58€86k€67k
Stocks and contracts in progress3€1k€2k
Stocks30/36€1k€2k
Amounts receivable within one year40/41€57k€50k
Trade receivables40€57k€48k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€28k€16k
Deferred charges and accrued income490/1-€69
Equity and liabilities
Total equity and liabilities10/49€102k€119k
Equity10/15€23k€27k
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€37k€37k=
Uncalled capital101€25k€25k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€9k€13k
Amounts payable17/49€79k€92k
Amounts payable after more than one year17-€22k
Financial debts170/4-€22k
Amounts payable within one year42/48€79k€67k
Current portion of amounts payable after more than one year42-€5k
Financial debts43€17k€12k
Credit institutions430/8€17k€12k
Trade debts44€52k€36k
Suppliers440/4€42k€36k
Bills of exchange payable441€9k€690
Taxes, remuneration and social security45€2k€3k
Taxes450/3€2k€2k
Remuneration and social security454/9€530€685
Other amounts payable47/48€8k€11k
Accrued charges and deferred income492/3-€3k
Income statement Code20232024
Turnover70€155k€146k
Goods, raw materials, services and sundry goods60/61€135k€128k
Remuneration, social security and pensions62€649€779
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8-€416
Gross operating margin9900€20k€18k
Operating profit (loss)9901€7k€6k
Financial income75/76B€40€112
Recurring financial income75€40€112
Financial charges65/66B€1k€673
Recurring financial charges65€1k€673
Profit (loss) for the period before taxes9903€6k€5k
Income taxes67/77€1k€1k
Profit (loss) for the period9904€5k€4k
Profit (loss) for the period to be appropriated9905€5k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€13k
Profit (loss) brought forward from the previous period14P€4k€9k
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial Highest result since 2018net €5k ▲17%
Net result €5k, the highest in the series.
08-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 69 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €43 ▼99%
Net result drops to €43, the lowest in the series; recovery starts the following year.
28-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
09-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 70 days late
2018
29-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 60 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1997
establishment The establishment unit on the map
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.

Eedgenotenstraat 1331000 Brussel
Ground area
143 m²
Building footprint
67 m²
Volume, LiDAR
814 m³
Parcel 21806F0054/00T000, Brussels · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SYSCOL SPRL
Eedgenotenstraat 133, 1000 BrusselScientific research and development
since 19972.080.393.147
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21806F0054/00T000 Brussels 143 m² 1 · 67 m² 16.2 m · 5 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

Of 16,811 companies in sector 62100 we hold annual accounts for 8,749. 6,214 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-01-1997
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.