Debts
€118,346 71% of the balance sheet
Suppliers 2%Taxes and wages 3%Other 95%
SYSMIC
Overview
Lifetime
3 annual accounts with figures on one time axispeak €50,763 (2025)
€50,763▲ 325%
lowest -€1,076 (2024)
€20,614▲ €21,691
peak €48,900 (2025)
€48,900▲ 72.9%
€118,346▼ 0.2%
Board2 names since 2022
2 directorsSABLON Michel Luc Ghislain and 1 other
Documentsfilings and deeds
27-06-202634 days before the deadline
2025micro format
Gross margin from €11,954 to €50,763Back to profit: €20,614Equity from €28,286 to €48,900Investments €67,941Cash from €22,018 to €33,085
Key points
from the 2025 annual accountsInvestments
€67,941 3.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 43.1% higher than in 2024.
Board
1 left
A director left. Latest change 09-09-2026 · 1 in office.
Checked score
93
Excellent
Financially stronger than 61% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.3 percentage points vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026highest value
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.3 percentage points vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2022
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Liquidity: current ratio 0.50, cash €33,085
Figures for financial year 2025 (filed on 27-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 50% of them on solvency, 32% on liquidity, 75% on profitability and 88% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as SYSMIC has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SYSMIC itself is lower: 0.1% within 12 months. It rests on far more data about SYSMIC than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,976 companies, not a prediction for SYSMIC. 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 of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.5 (0.72 in 2024), below 1. Short-term debt is 70.8% and cash 19.8% of total assets. 70.8% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
34 days early
2024
36 days early
2023
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 34 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SABLON Michel Luc Ghislain 240 sharesdeed of 21-12-2022
- SABLON Maxime Joseph Léon Georges 60 sharesdeed of 21-12-2022
Recent changes
Resignation: SABLON Maxime (director)
General meeting of 09-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0794955382
Incorporation
Founding capital of €3,000, 300 shares · Founders: SABLON Michel Luc Ghislain and SABLON Maxime Joseph Léon Georges · Appointments: SABLON Michel Luc Ghislain (director) and SABLON Maxime Joseph Léon Georges (director) · published on 21-12-2022 · Gazette deed
First establishment
Chaussée de Roly, Mar. 72, Couvin
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SYSMIC Couvin | €167,247 | €50,763 | 29.2% | - |
| DELTA SERVICES EVENTS Ciney | €153,824 | €52,984 | 84.2% | - |
| FF1 Saint-Josse-ten-Noode | €170,421 | €58,298 | -3.0% | - |
| DECA PRODUCTIONS Kontich | €157,271 | €63,550 | 14.7% | - |
| TMC Amusement Ghent | €178,701 | €37,017 | 41.6% | - |
| NUMERO 15 Ciney | €135,749 | €41,006 | 7.2% | - |
| SO GREAT COMPANY Andenne | €179,675 | €95,452 | 47.6% | - |
These companies have the same main activity as SYSMIC: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €136,000 and €180,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 19-12-2022Normal situation
- Activity
- Other amusement and recreation activitiesNACE 93299and 5 others
- Establishment unit
- 2.340.981.3705660 Couvin, since 19-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Annual accounts 2025
- €50,763▲ 325%
- ≈ €150,000estimated
- €20,614
- €48,900▲ 72.9%
- €167,247▲ 13.9%
- Filing
- Filed on 27-06-2026, 34 days before the end of the filing period
Insights on SYSMIC
SYSMIC files the micro format. That format states no turnover. The gross margin rose from €37,309 in 2023 to €50,763 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-06-2026, 34 days before the deadline€50,763
▲ 325%
€24,833
▲ €25,869
€20,614
▲ €21,691
-€59,351
▼ €25,571
29.2%
▲ 10.0 percentage points
0.50
▼ 0.22
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 ≈ €150,000. Estimated: probably between €100,000 and €260,000.
Balance sheet
balance sheet total €167,247 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
29.2%
Higher than 51% of 2,880 companies in 2025.
0.50
Higher than 29% of 2,765 companies in 2025.
12.3%
Higher than 72% of 2,789 companies in 2025.
SYSMIC
Middle half of the sector
80% of the sector
Micro accounts in sports and recreation (NACE 93)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
167,247 | 146,825 | 113,315 | |
21/28 |
108,251 | 62,065 | 40,881 | |
22/27 |
108,251 | 62,065 | 40,881 | |
22 |
4,907 | 5,550 | 6,193 | |
23 |
80,879 | 56,515 | 34,688 | |
24 |
22,464 | - | - | |
29/58 |
58,996 | 84,760 | 72,435 | |
3 |
21,200 | 30,650 | 31,764 | |
30/36 |
21,200 | 30,650 | 31,764 | |
40/41 |
3,820 | 31,242 | 15,058 | |
40 |
363 | 14,753 | 15,058 | |
41 |
3,457 | 16,490 | - | |
54/58 |
33,085 | 22,018 | 25,041 | |
490/1 |
891 | 849 | 572 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
167,247 | 146,825 | 113,315 | |
10/15 |
48,900 | 28,286 | 29,362 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
45,900 | 25,286 | 26,362 | |
17/49 |
118,346 | 118,539 | 83,953 | |
42/48 |
118,346 | 118,539 | 83,953 | |
44 |
2,147 | 22,322 | 140 | |
440/4 |
2,147 | 22,322 | 140 | |
45 |
3,957 | 6,119 | 8,263 | |
450/3 |
3,957 | 6,119 | 8,263 | |
47/48 |
112,243 | 90,098 | 75,551 | |
| Income statement | ||||
9900 |
50,763 | 11,954 | 37,309 | |
630 |
21,755 | 12,681 | 4,798 | |
640/8 |
261 | 309 | 27 | |
66A |
3,914 | - | - | |
9901 |
24,833 | -1,036 | 32,485 | |
75/76B |
1 | 2 | 0 | |
75 |
1 | 2 | 0 | |
65/66B |
263 | 42 | 4 | |
65 |
263 | 42 | 4 | |
9903 |
24,571 | -1,076 | 32,482 | |
67/77 |
3,957 | - | 6,119 | |
9904 |
20,614 | -1,076 | 26,362 | |
9905 |
20,614 | -1,076 | 26,362 | |
| Appropriation of the result | ||||
9906 |
45,900 | 25,286 | 26,362 | |
14P |
25,286 | 26,362 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 46,588 | 11,645 | 37,283 | ||
| 42,369 | 11,605 | 31,160 | ||
| 67,941 | 33,866 | 45,679 | ||
| 11,067 | -3,023 | - | ||
| -59,351 | -33,780 | -11,519 | ||
| 29.2% | 19.3% | 25.9% | ||
| 0.50 | 0.72 | 0.86 | ||
| 0.32 | 0.46 | 0.48 | ||
| 2.42 | 4.19 | 2.86 | ||
| 42.2% | -3.8% | 89.8% | ||
| 12.3% | -0.7% | 23.3% | ||
| over 100 | over 100 | over 100 |
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| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €67,941 | €33,866 | €45,679 |
| €21,755 | €12,681 | €4,798 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SYSMIC
The operating result for 2025 is a profit of €24,833, after a loss of €1,036 in 2024.
Debt's share of the balance-sheet total falls from 80.7% to 70.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, no change since September 2026Director (not named in the articles)
since 19-12-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 27-06-2026
Mandates through the years
2 names, the dashed line is todaySABLON Michel Luc Ghislain
Director (not named in the articles)
Director (not named in the articles)
SABLON Maxime Joseph Léon Georges
Director (not named in the articles)
Director (not named in the articles)
BoardEarlier
Mandates as a list
- SABLON Michel Luc Ghislain
- Director (not named in the articles), from 19-12-2022 to date
- SABLON Maxime Joseph Léon Georges
- Director (not named in the articles), from 19-12-2022 to 09-09-2026
Control
This company
SYSMIC
Equity €48,900
Profit €20,614 in 2025
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €163 in 2025
- Source
- deed of 21-12-2022
Articles of association
deed of 21-12-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Fixe ou proportionnelle, assemblee generale decide si mandat exerce gratuitement”
Shareholders
At incorporation
deed of 21-12-2022 ↗
- SABLON Michel Luc Ghislain 240 shares (80%) · €2,400
- SABLON Maxime Joseph Léon Georges 60 shares (20%) · €600
Network & group
No group
SYSMIC has no parent and no holdings in its annual accounts. SABLON Michel Luc Ghislain is the only director.
Earlier ties
| Agence locale pour l'Emploi de Viroinval via SABLON Michel Luc Ghislain, no longer at Agence locale pour l'Emploi de Viroinval · Director |
founded in 1995 |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
9 events since 2022Board
Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Resignation: SABLON Maxime (director)General meeting of 09-09-20263 points ▸
- General meeting, 09-09-2026
- Director resignation, SABLON Maxime
- Power of attorney, Michel ERNOULD
Annual accounts 2025 filed NBBmicro format · 34 days before the deadline
2025
Back to profit net €20,614 The net result is €20,614, after one loss-making year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0794955382
Annual accounts 2024 filed PDFmicro format · 36 days before the deadline
2024
Weakest financial year net -€1,076 The net result drops to -€1,076, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 33 days before the deadline
2022
IncorporationFounding capital of €3,000, 300 shares · Founders: SABLON Michel Luc Ghislain and SABLON Maxime Joseph Léon Georges · Appointments: SABLON Michel Luc Ghislain (director) and SABLON Maxime Joseph Léon Georges (director) · published on 21-12-20229 points ▸
- Founder, SABLON Michel Luc Ghislain
- Founder, SABLON Maxime Joseph Léon Georges
- Power of attorney, Alexis MICHEL
- Founding capital, €3,000, 300 shares
- 300 shares
- Registered office clause, Chaussée de Roly 72, 5660 Mariembourg
- Board rule, 2
- Director appointment, SABLON Michel Luc Ghislain (director (not named in the articles))
- Director appointment, SABLON Maxime Joseph Léon Georges (director (not named in the articles))
- The deed holds 7 more points.
First establishment Chaussée de Roly, Mar. 72, Couvin
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
On 19 December 2022, SYSMIC was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 SABLON Michel Luc Ghislain has served as director since 2022.3 Total assets went from €113,315 in 2023 to €167,247 in 2025.4
Company details
Identity
- Enterprise number
- 0794.955.382
- VAT number
- BE 0794.955.382
- Peppol ID
- 0208:0794955382
- Other Peppol ID
- 9925:BE0794955382
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-12-2022
- Financial year
- ends on 31 December
- Peppol
- Reachable since 13-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SYSMIC in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 21-12-2022 (in French)
Activities
NACEBEL 202593299
Other amusement and recreation activities main activity
59201
Sound recording
90111
Literary creation
Codes under NACEBEL 2008
93299
Other amusement and recreation activities main activity
01110
Crop and animal production, hunting and related service activities
01420
Crop and animal production, hunting and related service activities
59201
Sound recording
82990
Other business support services
90031
Arts creation and performing arts activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Organisation d’événements et consultance; Culture et production animale, chasse et services annexe. Notamment, élevage de vaches, autres…”deed of 21-12-2022 (in French)
41 activities
- Organisation d’événements et consultance
- Culture et production animale, chasse et services annexe. Notamment, élevage de vaches, autres bovins
- Vente de viande Bio en conformité avec Certisys et afsca
- Location de machines et équipements agricoles avec opérateur
- Services de soutien à l’exploitation forestière
- Travaux d’installation électrique
- Intermédiaires du commerce en appareils audio-vidéo, matériel photographique et cinématographique et articles d’optique
- Commerce de gros de bois
- Transports routiers de fret et services de déménagement
- Location de camion avec conducteur
- Colonies de vacances pour enfants ou adultes
- Organisation de noces, banquets, cocktails, buffets, lunches et réceptions diverses
- Exploitation régulière de discothèques, salles de bal et clubs privés, qui réalisent leur C.A. par la vente de boissons, avec ou sans obligation de tickets d’entrée donnant droit à des consommation
- Enregistrement sonore et édition musicale
- Activités immobilières pour compte propres ou compte tiers
- Activités de transactions sur biens immobiliers tels que : immeubles résidentiels et maisons d’habitation, immeubles non résidentiels, terres et terrains
- Location et exploitation de biens immobiliers propres ou loués
- Administration de biens immobilier pour compte tiers
- Conseil de gestion
- Conseil en relations publiques et en communication
- Conseil pour les affaires et autres conseils de gestion
- Conseils et assistance aux entreprises et aux services publics en matière de planification, d’organisation, de recherche du rendement, de contrôle, d’information, de gestion…
- Publicité et études de marché
- Activités des agences de publicité
- Conception et réalisation de campagnes publicitaires pour des tiers, en utilisant tous les médias
- Création et placement de publicités : affiches, panneaux publicitaires, journaux lumineux, enseignes lumineuses au néon, affichage sur les autobus…
- Régie publicitaire de médias
- Activité de location et location-bail
- Activité de nettoyage
- Services administratifs de bureau et autres activités de soutien aux entreprises
- Activités créatives, artistiques et de spectacle
- Conception et réalisation de décors
- Activité de soutien à la création artistique
- Organisation d’activités récréatives : spectacles « son et lumière » …
- Réparation de biens personnels et domestiques
- Réparation d’appareils audio et vidéo
- Location de téléviseurs et d’autres appareils audio-visuels
- Activités des sociétés de holding ;
- Des prestations de consultance, de gestion ou de management. Elle peut intervenir comme administrateur, administrateur-délégué, membre du Conseil d’administration, membre du Comité de gestion d’une autre société. Elle peut exercer toute autre fonction où elle participe à la gestion et au développement d’une autre personne morale ;
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales, industrielles, financières, mobilières et immobilières ;
- Contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises ;
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Chaussée de Roly, Mar. 72 registered office 5660 Couvin | 19-12-2022 | 2.340.981.370 | Farm - cattle |
Buildings and parcels at the address
- Ground area
- 2,425 m²
- Buildings
- 171 m²
- Volume, LiDAR
- 1,096 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 93039C0758/00T000 | 2,424 m² | 1 · 171 m² | 8.8 m · 2 |
Recognitions
Food safety, FASFC
1 siteCouvinunit number 2.340.981.370
Contact
E-mail
sysmicevents@hotmail.com
Phone
+32 473 98 14 18
Phone
+32 473 98 14 18 establishment in Couvin