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Sysplasma

Active
Private limited companyfounded 2021active for 5 yearsAannemersstraat 136, 9040 Gent, BelgiumKBO/BCE: BE 0774.678.523
Summary

The annual accounts of Sysplasma for financial year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €21,577 and a net result of -€23,225. Equity is shrinking by about 6.9% per year across the filed financial years. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457632.

Equity
€21,577▼ 51.8%
2024 · €44,801
Total assets
€81,197▼ 18.3%
2024 · €99,427
Net result
-€23,225
2024 · €49
Working capital
-€53,064▲ 1.7%
2024 · -€54,005
Trend over the years

2022 to 2025, 4 financial years

The operating result turns negative in 2025: a loss of €23,051 after €116 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€23,051 2025 Net result-€23,225 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€1,164-€5,864▲ 404%€116▼ 98.0%-€23,051
Net result€573-€5,780▲ 909%€49▼ 99.2%-€23,225
Equity€38,973-€44,753▲ 14.8%€44,801▲ 0.1%€21,577▼ 51.8%
Total assets€49,075-€99,478▲ 103%€99,427▼ 0.1%€81,197▼ 18.3%
Debt€10,103-€54,725▲ 442%€54,626▼ 0.2%€59,621▲ 9.1%
Working capital€11,973--€51,562-€54,005▼ 4.7%-€53,064▲ 1.7%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81,197
Fixed assets €74,641 ▼ 24.5%
Current assets €6,556 ▲ 957%
Equity and liabilities €81,197
Equity €21,577 ▼ 51.8%
Debt €59,621 ▲ 9.1%
Debt's share of the balance-sheet total rises from 54.9% to 73.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,114▼
2024 · €19,124
Cash flow
€941▼
2024 · €19,056
Current ratio
0.11▲
2024 · 0.01
Debt to equity
2.76▲
2024 · 1.22
ROE
-107.6%▼
2024 · 0.1%
ROA
-28.6%▼
2024 · 0.0%
Interest coverage
6.43▼
2024 · over 100
Debt ≤ 1 year
€59,621▲
2024 · €54,626
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
6.4% went bankrupt
6.6% stopped otherwise
86.4% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,133 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€99,427€81,197▼
Fixed assets21/28€98,807€74,641▼
Intangible fixed assets21€2,728€1,292▼
Tangible fixed assets22/27€96,079€73,349▼
Plant, machinery and equipment23€96,079€73,349▼
Current assets29/58€620€6,556▲
Amounts receivable within one year40/41€550€6,484▲
Trade receivables40-€6,298
Other amounts receivable41€550€186▼
Current investments50/53€60€60=
Cash at bank and in hand54/58€10€12▲
Equity and liabilities
Total equity and liabilities10/49€99,427€81,197▼
Equity10/15€44,801€21,577▼
Contributions10/11€38,400€38,400=
Capital10€38,400€38,400=
Issued capital100€40,000€40,000=
Uncalled capital101€1,600€1,600=
Reserves13€6,401€6,401=
Distributable reserves133€6,401€6,401=
Profit (loss) carried forward14--€23,225
Amounts payable17/49€54,626€59,621▲
Amounts payable within one year42/48€54,626€59,621▲
Trade debts44€2,483€3,073▲
Suppliers440/4€2,483€3,073▲
Advances received on contracts in progress46-€1,995
Taxes, remuneration and social security45€16,342€15,853▼
Taxes450/3€11,351€10,861▼
Remuneration and social security454/9€4,992€4,992=
Other amounts payable47/48€35,800€38,700▲
Income statement Code20242025
Remuneration, social security and pensions62€760-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,007€24,166▲
Other operating charges640/8€132€737▲
Gross operating margin9900€20,016€1,851▼
Operating profit (loss)9901€116-€23,051▼
Financial charges65/66B€51€173▲
Recurring financial charges65€51€173▲
Profit (loss) for the period before taxes9903€65-€23,225▼
Income taxes67/77€16-
Profit (loss) for the period9904€49-€23,225▼
Profit (loss) for the period to be appropriated9905€49-€23,225▼
Appropriation of the result
Profit (loss) to be appropriated9906€49-€23,225▼
Transfer to equity691/2€49-
To other reserves6921€49-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62€53,761€53,215€760--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,386€187€19,007€24,166▲ 27.1%
Other operating charges640/8€714€738€132€737▲ 460%
Gross operating margin9900€57,024€60,004€20,016€1,851▼ 90.7%
Operating profit (loss)9901€1,164€5,864€116-€23,051-
Financial charges65/66B€118€84€51€173▲ 237%
Recurring financial charges65€118€84€51€173▲ 237%
Profit (loss) for the period before taxes9903€1,046€5,780€65-€23,225-
Income taxes67/77€473-€16--
Profit (loss) for the period9904€573€5,780€49-€23,225-
Profit (loss) for the period to be appropriated9905€573€5,780€49-€23,225-
Line2022202320242025Change
Assets
Total assets20/58€49,075€99,478€99,427€81,197▼ 18.3%
Fixed assets21/28€27,000€96,314€98,807€74,641▼ 24.5%
Intangible fixed assets21-€4,163€2,728€1,292▼ 52.6%
Tangible fixed assets22/27€27,000€92,151€96,079€73,349▼ 23.7%
Plant, machinery and equipment23€27,000€92,151€96,079€73,349▼ 23.7%
Current assets29/58€22,075€3,164€620€6,556▲ 957%
Amounts receivable within one year40/41€2,272€1,599€550€6,484▲ 1,079%
Trade receivables40---€6,298-
Other amounts receivable41€2,272€1,599€550€186▼ 66.2%
Current investments50/53€60€60€60€60=
Cash at bank and in hand54/58€19,743€1,505€10€12▲ 24.4%
Equity and liabilities
Total equity and liabilities10/49€49,075€99,478€99,427€81,197▼ 18.3%
Equity10/15€38,973€44,753€44,801€21,577▼ 51.8%
Contributions10/11€38,400€38,400€38,400€38,400=
Capital10€38,400€38,400€38,400€38,400=
Issued capital100€40,000€40,000€40,000€40,000=
Uncalled capital101€1,600€1,600€1,600€1,600=
Reserves13€573€6,353€6,401€6,401=
Distributable reserves133€573€6,353€6,401€6,401=
Profit (loss) carried forward14----€23,225-
Amounts payable17/49€10,103€54,725€54,626€59,621▲ 9.1%
Amounts payable within one year42/48€10,103€54,725€54,626€59,621▲ 9.1%
Trade debts44€2,250€6,741€2,483€3,073▲ 23.7%
Suppliers440/4€2,250€6,741€2,483€3,073▲ 23.7%
Advances received on contracts in progress46---€1,995-
Taxes, remuneration and social security45€7,853€20,884€16,342€15,853▼ 3.0%
Taxes450/3€2,877€14,893€11,351€10,861▼ 4.3%
Remuneration and social security454/9€4,976€5,992€4,992€4,992=
Other amounts payable47/48-€27,100€35,800€38,700▲ 8.1%
Line2022202320242025Change
Profit (loss) for the period9904€573€5,780€49-€23,225-
+ Depreciation and write-downs630€1,386€187€19,007€24,166▲ 27.1%
Operating cash flow (approximation)€1,958€5,967€19,056€941▼ 95.1%
Investment in fixed assets (approximation)--€69,501-€21,500€0-
Change in cash--€18,238-€1,495€2-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-08-2026 2026-00457632
31-12-2024 micro format 31-08-2025 2025-00452012
31-12-2023 micro format 31-08-2024 2024-00421160
31-12-2022 micro format 30-08-2023 2023-00380496

Subsidies and aid

Flemish government

2023 · 1 entry · €9,000 awarded · €9,000 paid
Schemes
1 entry · €9,000 · €9,000 paid · Vlaams Agentschap voor Internationaal Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.