SYSMATHICK
ActiveSYSMATHICK has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €812k and a net result of €379k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 399 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+69
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 6.69 against 5.15 in 2024), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
75.8%
Return on assets
35.4%
Age of the figures
8 mo
raises risk · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
42 d early
2023
13 d early
2022
34 d early
2021
30 d late
2020
30 d late
2019
32 d early
← 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
05-09-2026 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
€379k▲ 1,126%
2024 · €31k
2022: €46k
2023: €26k
2024: €31k
2022 → 2025
Working capital
€774k▲ 128%
2024 · €340k
2022: €347k
2023: €356k
2024: €340k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€450k-€476k▲ 5.9%€507k▲ 6.5%€812k▲ 60.2%
Operating result€65k-€41k▼ 37.2%€44k▲ 6.7%€516k▲ 1,079%
Net result€46k-€26k▼ 42.1%€31k▲ 16.9%€379k▲ 1,126%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,079% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€161k▼ 24.3%
Current assets
€910k▲ 116%
Equity and liabilities €1.07M
Equity
€812k▲ 60.2%
Provisions
€104k
Debt
€155k▲ 21.2%
The debt ratio falls from 20.1% to 14.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€555k▲
2024 · €76k
Cash flow
€418k▲
2024 · €63k
Solvency
75.8%▼
2024 · 79.9%
Current ratio
6.69▲
2024 · 5.15
Quick ratio
6.51▲
2024 · 4.18
Debt / equity
0.19▼
2024 · 0.25
ROE
46.7%▲
2024 · 6.1%
ROA
35.4%▲
2024 · 4.9%
Interest coverage
108.47▲
2024 · 11.65
Debt
€155k▲
2024 · €128k
Debt ≤ 1 year
€136k▲
2024 · €82k
Debt > 1 year
€19k▼
2024 · €46k
Income taxes
€27k▲
2024 · €6k
Staff costs
€51k▲
2024 · €50k
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
Total assets
20/58€635k€1.07M▲
Fixed assets
21/28€213k€161k▼
Tangible fixed assets
22/27€213k€161k▼
Current assets
29/58€422k€910k▲
Stocks & contracts in progress
3€80k€24k▼
Amounts receivable within one year
40/41€151k€204k▲
Cash & bank
54/58€183k€677k▲
Total equity & liabilities
10/49€635k€1.07M▲
Equity
10/15€507k€812k▲
Contributions / capital
10/11€79k€79k=
Reserves
13€212k€517k▲
Accumulated profits (losses)
14€216k€216k=
Provisions & deferred taxes
16-€104k
Amounts payable
17/49€128k€155k▲
Amounts payable after one year
17€46k€19k▼
Amounts payable within one year
42/48€82k€136k▲
Trade debts payable within one year
44€25k€40k▲
Income statement
Code20242025
Gross operating margin
9900€133k€612k▲
Operating result
9901€44k€516k▲
Financial income
75€180€0▼
Financial charges
65€7k€5k▼
Result before taxes
9903€37k€511k▲
Income taxes
67/77€6k€27k▲
Net result for the period
9904€31k€379k▲
Result to be appropriated
9905€31k€67k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2022net €379k ▲1126%
Operating result €516k, net result €379k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
08-05
State Gazette act
Miscellaneous
other · Dorothée BERGS
2024
31-12
Financial
Equity above €500kEq €507k ▲6.5%
3 profitable years in a row build equity to €507k.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €26k ▼42.1%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 14 companies in sector 28294 we hold annual accounts for 11. 4 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-06-1994
Fiscal year end31-12
Activities, NACEBEL
28294Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 28-08-2026. Scores and ratios are computed by Checked and are not a credit decision.