SYSLINK
ActiveSYSLINK has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €63k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 2656 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +67 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency77▲+49
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 1.35 in 2024), but 65.2% 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 risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.8%
Return on assets
19.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
118 d late
2023
13 d late
2022
on the day
2021
4 d early
2020
5 d late
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€63k
2024 · €-44k
2018: €9k
2019: €11k
2020: €11k
2021: €20k
2022: €21k
2023: €-5k
2024: €-44k
2018 → 2025
Working capital
€193k▲ 165%
2024 · €73k
2018: €29k
2019: €44k
2020: €91k
2021: €159k
2022: €151k
2023: €124k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€99k▲ 27.3%€93k▼ 5.3%€49k▼ 47.4%€112k▲ 128%
Operating result€37k-€40k▲ 9.2%€9k▼ 78.3%€-35k€88k
Net result€20k-€21k▲ 4.7%€-5k€-44k▼ 742%€63k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €88k after a loss of €35k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €322k
Fixed assets
€19k▼ 81.2%
Current assets
€303k▲ 8.5%
Equity and liabilities €322k
Equity
€112k▲ 128%
Debt
€210k▼ 36.7%
The debt ratio falls from 87.1% to 65.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€90k▲
2024 · €-30k
Cash flow
€66k▲
2024 · €-39k
Solvency
34.8%▲
2024 · 12.9%
Current ratio
2.75▲
2024 · 1.35
Quick ratio
2.73▲
2024 · 1.33
Debt / equity
1.87▼
2024 · 6.73
ROE
56.1%▲
2024 · -90.1%
ROA
19.5%▲
2024 · -11.7%
Interest coverage
8.87▲
2024 · -2.53
Debt
€210k▼
2024 · €331k
Debt ≤ 1 year
€110k▼
2024 · €206k
Debt > 1 year
€44k▼
2024 · €111k
Income taxes
€15k▲
2024 · €482
Staff costs
€96k▼
2024 · €235k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€380k€322k▼
Fixed assets21/28€102k€19k▼
Intangible fixed assets21-€17k
Tangible fixed assets22/27€102k€2k▼
Furniture and vehicles24€20k€2k▼
Assets under construction and advance payments27€82k-
Current assets29/58€279k€303k▲
Stocks and contracts in progress3€5k€2k▼
Stocks30/36€5k€2k▼
Amounts receivable within one year40/41€220k€175k▼
Trade receivables40€215k€167k▼
Other amounts receivable41€5k€8k▲
Current investments50/53€25k€1k▼
Cash at bank and in hand54/58€23k€109k▲
Deferred charges and accrued income490/1€5k€16k▲
Equity and liabilities
Total equity and liabilities10/49€380k€322k▼
Equity10/15€49k€112k▲
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€22k€85k▲
Amounts payable17/49€331k€210k▼
Amounts payable after more than one year17€111k€44k▼
Financial debts170/4€111k€44k▼
Amounts payable within one year42/48€206k€110k▼
Current portion of amounts payable after more than one year42€42k€65k▲
Trade debts44€91k€1k▼
Suppliers440/4€91k€1k▼
Taxes, remuneration and social security45€73k€33k▼
Taxes450/3€22k€23k▲
Remuneration and social security454/9€51k€10k▼
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3€14k€56k▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€235k€96k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€-5k▼
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€2k€97k▲
Gross operating margin9900€216k€283k▲
Operating profit (loss)9901€-35k€88k▲
Financial income75/76B€3k€280▼
Recurring financial income75€2k€280▼
Non-recurring financial income76B€2k-
Financial charges65/66B€12k€10k▼
Recurring financial charges65€12k€10k▼
Profit (loss) for the period before taxes9903€-44k€78k▲
Income taxes67/77€482€15k▲
Profit (loss) for the period9904€-44k€63k▲
Profit (loss) for the period to be appropriated9905€-44k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€85k▲
Profit (loss) brought forward from the previous period14P€66k€22k▼
Social balance
Average headcount (FTE)90875.31.9▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €63k
Net result €63k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.75
Current ratio from 1.35 to 2.75; short-term debt falls from €206k to €110k.
31-12
Financial
Equity above €100kEq €112k ▲128%
Equity rises from €49k to €112k.
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 118 days late
2024
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 directors, last change in 2025
SRL Cera Corp
CurrentDirector · since 14-05-2025 · Legal entity · perm. rep.: Nicolas Cerami
14-05-2025
SRL Cera Corp: Appointed as Director
14-05-2025
Mike Dal Bianco: Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Donceel · 1 establishment unit since 2017
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.
Rue de Stier 84357 Donceel1 establishment unit
Syslink
since 20172.261.918.551
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Of 16,803 companies in sector 62100 we hold annual accounts for 8,745. 6,920 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2017
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.