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System and Development

Active
Public limited companyfounded 199234 years activeWolvindreef 9, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0446.529.206
Summary

The computed 12-month bankruptcy probability of System and Development is 3.2% (moderate). The 2025 annual accounts show equity of €22,273 and a net result of €419. Equity is shrinking by ~18.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 31% of 11,027 sector peers (NACE 68, fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

History

On 29 January 1992, System and Development was incorporated.1 Total assets went from €176,875 in 2018 to €175,694 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-12
Financial Back to profitnet €419
Net result €419 after 7 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
13-11
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 105 days late
2023
31-12
Financial Weakest financial yearnet -€94,106
Net result drops to -€94,106, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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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