SYSSITOP
ActiveSummary
SYSSITOP has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €25k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+53
Solvency44▲+12
Growth67▲+14
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.05 in 2024; short-term debt: 80.9% and cash: 5.5% of total assets), and 80.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
19.1%
Return on assets
13.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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
47 d late
2024
28 d late
2023
31 d late
2022
25 d late
2021
22 d late
2020
31 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€615k▲ 8.2%
2024 · €569k
2019: €496k
2020: €454k▼ -8.4% vs 2019lowest in 7 years
2021: €584k▲ +28.5% vs 2020
2022: €554k▼ -5.2% vs 2021
2023: €524k▼ -5.3% vs 2022
2024: €569k▲ +8.4% vs 2023
2025: €615k▲ +8.2% vs 2024highest in 7 years
2019 → 2025
EBIT margin
6.4%▲ 6.6pp
2024 · -0.2%
2019: 2.3%
2020: 3.9%▲ +70.1% vs 2019
2021: -0.1%▼ -103% vs 2020
2022: -2.9%▼ -2143% vs 2021lowest in 7 years
2023: -0.7%▲ +76.0% vs 2022
2024: -0.2%▲ +72.9% vs 2023
2025: 6.4%▲ +3508% vs 2024highest in 7 years
2019 → 2025
Net result
€25k
2024 · €-1k
2018: €-10k
2019: €6k▲ +155% vs 2018
2020: €12k▲ +117% vs 2019
2021: €-5k▼ -144% vs 2020
2022: €-21k▼ -291% vs 2021lowest in 8 years
2023: €-8k▲ +60.6% vs 2022
2024: €-1k▲ +85.0% vs 2023
2025: €25k▲ +2132% vs 2024highest in 8 years
2018 → 2025
Working capital
€31k▲ 366%
2024 · €7k
2018: €17k
2019: €23k▲ +39.7% vs 2018
2020: €41k▲ +72.8% vs 2019highest in 8 years
2021: €33k▼ -19.5% vs 2020
2022: €23k▼ -29.9% vs 2021
2023: €16k▼ -29.3% vs 2022
2024: €7k▼ -58.3% vs 2023lowest in 8 years
2025: €31k▲ +366% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€584k-€554k▼ 5.2%€524k▼ 5.3%€569k▲ 8.4%€615k▲ 8.2%
2021: €584k
2022: €554k▼ -5.2% vs 2021
2023: €524k▼ -5.3% vs 2022lowest in 5 years
2024: €569k▲ +8.4% vs 2023
2025: €615k▲ +8.2% vs 2024highest in 5 years
Equity€41k-€20k▼ 50.4%€12k▼ 40.0%€11k▼ 10.0%€36k▲ 226%
2021: €41khighest in 5 years
2022: €20k▼ -50.4% vs 2021
2023: €12k▼ -40.0% vs 2022
2024: €11k▼ -10.0% vs 2023lowest in 5 years
2025: €36k▲ +226% vs 2024
Operating result€-751-€-16k▼ 2,027%€-4k▲ 77.3%€-1k▲ 70.6%€39k
2021: €-751
2022: €-16k▼ -2027% vs 2021lowest in 5 years
2023: €-4k▲ +77.3% vs 2022
2024: €-1k▲ +70.6% vs 2023
2025: €39k▲ +3787% vs 2024highest in 5 years
Net result€-5k-€-21k▼ 291%€-8k▲ 60.6%€-1k▲ 85.0%€25k
2021: €-5k
2022: €-21k▼ -291% vs 2021lowest in 5 years
2023: €-8k▲ +60.6% vs 2022
2024: €-1k▲ +85.0% vs 2023
2025: €25k▲ +2132% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39k after a loss of €1k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€5k ▲ 6.8%
Current assets
€184k ▲ 24.3%
Equity and liabilities €189k
Equity
€36k ▲ 226%
Debt
€153k ▲ 8.0%
Debt's share of the balance-sheet total falls from 92.7% to 80.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2024 · €424
Cash flow
€27k▲
2024 · €259
Current ratio
1.21▲
2024 · 1.05
Quick ratio
0.53▲
2024 · 0.47
Debt to equity
4.24▼
2024 · 12.79
ROE
69.3%▲
2024 · -11.1%
ROA
13.2%▲
2024 · -0.8%
Interest coverage
7.85▲
2024 · 0.07
Debt ≤ 1 year
€153k▲
2024 · €141k
Income taxes
€9k▲
2024 · €-6k
Staff costs
€35k▲
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€153k€189k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€3k€3k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€232€127▼
Furniture and vehicles24€504€2k▲
Financial fixed assets28€1k€1k=
Current assets29/58€148k€184k▲
Stocks and contracts in progress3€81k€103k▲
Stocks30/36€81k€103k▲
Amounts receivable within one year40/41€61k€69k▲
Trade receivables40€0€0=
Other amounts receivable41€61k€69k▲
Cash at bank and in hand54/58€5k€10k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€153k€189k▲
Equity10/15€11k€36k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€3k€28k▲
Amounts payable17/49€141k€153k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€141k€153k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€3k€3k=
Credit institutions430/8€3k€3k=
Trade debts44€47k€62k▲
Suppliers440/4€47k€62k▲
Taxes, remuneration and social security45€92k€88k▼
Taxes450/3€91k€81k▼
Remuneration and social security454/9€401€7k▲
Income statement
Code20242025
Turnover70€569k€615k▲
Goods, raw materials, services and sundry goods60/61€544k€557k▲
Remuneration, social security and pensions62€34k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€631€548▼
Non-recurring operating charges66A€19k€3k▼
Gross operating margin9900€54k€79k▲
Operating profit (loss)9901€-1k€39k▲
Financial income75/76B€0€25▲
Recurring financial income75€0€25▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-8k€34k▲
Income taxes67/77€-6k€9k▲
Profit (loss) for the period9904€-1k€25k▲
Profit (loss) for the period to be appropriated9905€-1k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€28k▲
Profit (loss) brought forward from the previous period14P€4k€3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €584k | €554k | €524k | €569k | €615k | ▲ 8.2% |
| Goods, raw materials, services and sundry goods60/61 | €565k | €543k | €516k | €544k | €557k | ▲ 2.4% |
| Remuneration, social security and pensions62 | €35k | €37k | €34k | €34k | €35k | ▲ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €6k | €1k | €1k | €2k | ▲ 26.7% |
| Other operating charges640/8 | €415 | €1k | €790 | €631 | €548 | ▼ 13.1% |
| Non-recurring operating charges66A | €7k | €8k | €6k | €19k | €3k | ▼ 85.8% |
| Gross operating margin9900 | €51k | €36k | €39k | €54k | €79k | ▲ 48.0% |
| Operating profit (loss)9901 | €-751 | €-16k | €-4k | €-1k | €39k | ▲ 3,787% |
| Financial income75/76B | €2k | €365 | €78 | €0 | €25 | - |
| Recurring financial income75 | €2k | €365 | €78 | €0 | €25 | - |
| Financial charges65/66B | €5k | €5k | €4k | €6k | €5k | ▼ 18.7% |
| Recurring financial charges65 | €5k | €5k | €4k | €6k | €5k | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | €-4k | €-21k | €-8k | €-8k | €34k | ▲ 553% |
| Income taxes67/77 | €2k | €224 | €336 | €-6k | €9k | ▲ 244% |
| Profit (loss) for the period9904 | €-5k | €-21k | €-8k | €-1k | €25k | ▲ 2,132% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-21k | €-8k | €-1k | €25k | ▲ 2,132% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146k | €161k | €153k | €153k | €189k | ▲ 23.8% |
| Fixed assets21/28 | €12k | €7k | €6k | €4k | €5k | ▲ 6.8% |
| Tangible fixed assets22/27 | €11k | €6k | €5k | €3k | €3k | ▲ 9.2% |
| Land and buildings22 | €5k | €4k | €3k | €2k | €2k | ▼ 30.5% |
| Plant, machinery and equipment23 | €486 | €486 | €359 | €232 | €127 | ▼ 45.3% |
| Furniture and vehicles24 | €6k | €2k | €1k | €504 | €2k | ▲ 226% |
| Leasing and similar rights25 | €0 | €0 | €0 | - | - | - |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €134k | €154k | €148k | €148k | €184k | ▲ 24.3% |
| Stocks and contracts in progress3 | €60k | €63k | €64k | €81k | €103k | ▲ 27.6% |
| Stocks30/36 | €60k | €63k | €64k | €81k | €103k | ▲ 27.6% |
| Amounts receivable within one year40/41 | €34k | €60k | €58k | €61k | €69k | ▲ 13.9% |
| Trade receivables40 | €0 | €4k | €0 | €0 | €0 | - |
| Other amounts receivable41 | €34k | €56k | €58k | €61k | €69k | ▲ 13.9% |
| Cash at bank and in hand54/58 | €41k | €29k | €23k | €5k | €10k | ▲ 105% |
| Deferred charges and accrued income490/1 | €0 | €2k | €2k | €1k | €1k | ▼ 13.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146k | €161k | €153k | €153k | €189k | ▲ 23.8% |
| Equity10/15 | €41k | €20k | €12k | €11k | €36k | ▲ 226% |
| Contributions10/11 | €8k | €8k | €8k | €8k | €8k | = |
| Capital10 | - | - | €0 | - | - | - |
| Issued capital100 | - | - | €0 | - | - | - |
| Uncalled capital101 | - | - | €0 | - | - | - |
| Outside capital11 | - | - | €8k | - | - | - |
| Other1109/19 | - | - | €8k | - | - | - |
| Reserves13 | €0 | - | - | - | - | - |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Other1319 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €33k | €12k | €4k | €3k | €28k | ▲ 833% |
| Amounts payable17/49 | €104k | €141k | €141k | €141k | €153k | ▲ 8.0% |
| Amounts payable after more than one year17 | €3k | €10k | €10k | €0 | - | - |
| Financial debts170/4 | €3k | €10k | €10k | €0 | - | - |
| Amounts payable within one year42/48 | €101k | €131k | €131k | €141k | €153k | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | €19k | €19k | €0 | €0 | - | - |
| Financial debts43 | €3k | €3k | €3k | €3k | €3k | = |
| Credit institutions430/8 | €3k | €3k | €3k | €3k | €3k | = |
| Trade debts44 | €19k | €34k | €23k | €47k | €62k | ▲ 32.3% |
| Suppliers440/4 | €19k | €34k | €23k | €47k | €62k | ▲ 32.3% |
| Taxes, remuneration and social security45 | €59k | €74k | €105k | €92k | €88k | ▼ 4.1% |
| Taxes450/3 | €52k | €66k | €100k | €91k | €81k | ▼ 11.3% |
| Remuneration and social security454/9 | €7k | €8k | €6k | €401 | €7k | ▲ 1,629% |
| Other amounts payable47/48 | €0 | €7 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-21k | €-8k | €-1k | €25k | ▲ 2,132% |
| + Depreciation and write-downs630 | €10k | €6k | €1k | €1k | €2k | ▲ 26.7% |
| Operating cash flow (approximation) | €4k | €-15k | €-7k | €259 | €27k | ▲ 10,279% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €0 | €-2k | - |
| Change in cash | - | €-12k | €-5k | €-18k | €5k | ▲ 129% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
2025
31-12
Financial
Back to profitnet €25k
Net result €25k after 4 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
02-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 124 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2017
Ground area
1,681 m²
Building footprint
255 m²
Volume, LiDAR
2,181 m³
2 parcels, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SYSSI
since 20172.260.424.652
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006C0735/00H000 | Wallonia | 1,551 m² | 1 · 121 m² | 7.3 m · 2 fl. |
| 63006B0005/00E000 | Wallonia | 130 m² | 1 · 133 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PODIUM
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Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47715Retail trade
47721Retail sale of footwear
47722Retail trade
47784Retail sale of souvenirs and religious articles
Scores and ratios are computed by Checked and are not a credit decision.