Systebo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €205k and a net result of €8k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 19% of 7980 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7980 sector peers (2025).
NBB · sector comparisonPosition among 7980 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
57 d early
2023
61 d early
2022
56 d early
2021
62 d early
2020
54 d early
2019
49 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€205k▲ 4.0%
2024 · €197k
2018: €177k
2019: €177k
2020: €170k
2021: €173k
2022: €172k
2023: €191k
2024: €197k
2018 → 2025
Net result
€8k▲ 32.2%
2024 · €6k
2018: €4k
2019: €300
2020: €-7k
2021: €4k
2022: €-2k
2023: €20k
2024: €6k
2018 → 2025
Total assets
€1.44M▲ 29.6%
2024 · €1.11M
2018: €206k
2019: €186k
2020: €207k
2021: €218k
2022: €256k
2023: €847k
2024: €1.11M
2018 → 2025
Solvency
14.3%▼ 3.5pp
2024 · 17.8%
2018: 85.9%
2019: 95.0%
2020: 82.1%
2021: 79.5%
2022: 67.1%
2023: 22.6%
2024: 17.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€173k-€172k▼ 0.9%€191k▲ 11.4%€197k▲ 3.2%€205k▲ 4.0%
Operating result€4k-€2k▼ 47.3%€27k▲ 1,038%€45k▲ 65.9%€49k▲ 8.4%
Net result€4k-€-2k€20k€6k▼ 69.2%€8k▲ 32.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.44M
Fixed assets
€594k▼ 2.8%
Current assets
€842k▲ 69.4%
Equity and liabilities €1.44M
Equity
€205k▲ 4.0%
Debt
€1.23M▲ 35.1%
The debt ratio rises from 82.2% to 85.7%. Equity and debt are higher.
Key figures and ratios
Solvency
14.3%▼
2024 · 17.8%
ROE
3.9%▲
2024 · 3.1%
ROA
0.6%▲
2024 · 0.5%
Debt
€1.23M▲
2024 · €911k
Debt ≤ 1 year
€131k▲
2024 · €72k
Debt > 1 year
€1.10M▲
2024 · €839k
Income taxes
€2k▼
2024 · €3k
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€1.11M€1.44M▲
Fixed assets21/28€612k€594k▼
Tangible fixed assets22/27€379k€361k▼
Land and buildings22€374k€355k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€233k€233k=
Current assets29/58€497k€842k▲
Amounts receivable after more than one year29€361k€353k▼
Other amounts receivable291€361k€353k▼
Stocks and contracts in progress3€39k€377k▲
Stocks30/36€39k€377k▲
Amounts receivable within one year40/41€83k€98k▲
Trade receivables40€29k€32k▲
Other amounts receivable41€54k€66k▲
Cash at bank and in hand54/58€14k€12k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.44M▲
Equity10/15€197k€205k▲
Contributions10/11€9k€9k=
Reserves13€64k€64k=
Tax-exempt reserves132€62k€62k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€124k€132k▲
Amounts payable17/49€911k€1.23M▲
Amounts payable after more than one year17€839k€1.10M▲
Financial debts170/4€839k€1.10M▲
Amounts payable within one year42/48€72k€131k▲
Current portion of amounts payable after more than one year42€61k€63k▲
Trade debts44€1k€44k▲
Suppliers440/4€1k€44k▲
Taxes, remuneration and social security45€10k€23k▲
Taxes450/3€10k€23k▲
Income statement
Code20242025
Non-recurring operating income76A€282-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€71k€76k▲
Operating profit (loss)9901€45k€49k▲
Financial income75/76B€9€7k▲
Recurring financial income75€9€7k▲
Financial charges65/66B€36k€46k▲
Recurring financial charges65€36k€46k▲
Profit (loss) for the period before taxes9903€9k€10k▲
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€6k€8k▲
Profit (loss) for the period to be appropriated9905€6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€124k€132k▲
Profit (loss) brought forward from the previous period14P€118k€124k▲
The notes to these accounts (8 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Equity above €200kEq €205k ▲4%
3 profitable years in a row build equity to €205k.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.06
Current ratio from 0.97 to 5.06; short-term debt falls from €84k to €67k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-7k ▼2590%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Diksmuide · 1 establishment unit since 2003
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.
Boekweitstraat(D) 148600 DiksmuideGround area
510 m²
Building footprint
115 m²
Parcel 32003D0063/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
LOGGHE MANAGEMENT & CONSULTANCY
since 20032.132.754.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003D0063/00P000 | Flanders | 510 m² | 1 · 115 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2003
Fiscal year end31-12
Abbreviation NL
L. M. & C.
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.