SYSTEM ENGINEERING EN SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of SYSTEM ENGINEERING EN SERVICES is 11.5% (high). The latest annual accounts of SYSTEM ENGINEERING EN SERVICES were filed more than 90 days after the deadline. The 2020 annual accounts show negative equity (-€75,671) and a net result of -€11,525. The company has been active since 1999 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2018
Profitability0▼-100
Solvency0=
Growth32
Track record92
Bankruptcy probability, 12 months
11.5%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Age of the figures
Age of the figures
72 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2021 close30-04-2022 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 20-08-2021, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
112 d late
2018
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, micro schema
Equity
-€75,671▼ 151%
2018 · -€30,202
Total assets
€4,404▼ 73.0%
2018 · €16,318
Net result
-€11,525
2018 · €7,214
Working capital
-€79,019▼ 88.0%
2018 · -€42,032
Trend over the years
Click a name to add, emphasise or remove a line.
Available amounts per fiscal year
Line20182020
Operating result€8,171--€10,698-
Net result€7,214--€11,525-
Equity-€30,202--€75,671-
Total assets€16,318-€4,404-
Debt€46,520-€80,076-
Working capital-€42,032--€79,019-
Staff (FTE)0.8-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€10,698 in 2020, compared with €8,171 in 2018. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2020 in colour, 2018 as the grey bar beneath
Assets €4,404
Fixed assets
€3,347 ▼ 71.7%
Current assets
€1,057 ▼ 76.5%
Key figures and ratios
EBITDA
-€8,098▼
2018 · €15,854
Cash flow
-€8,925▼
2018 · €14,898
Debt ≤ 1 year
€80,076▲
2018 · €46,520
Ratios withheld: a balance sheet total of €4,404 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,684 | €2,599 | - |
| Gross operating margin9900 | €92,051 | -€6,972 | - |
| Operating profit (loss)9901 | €8,171 | -€10,698 | - |
| Recurring financial income75 | €1 | - | - |
| Recurring financial charges65 | €957 | €827 | - |
| Profit (loss) for the period before taxes9903 | €7,214 | -€11,525 | - |
| Profit (loss) for the period9904 | €7,214 | -€11,525 | - |
| Profit (loss) for the period to be appropriated9905 | €7,214 | -€11,525 | - |
| Line | 2018 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16,318 | €4,404 | - |
| Fixed assets21/28 | €11,830 | €3,347 | - |
| Tangible fixed assets22/27 | €8,482 | - | - |
| Financial fixed assets28 | €3,347 | €3,347 | - |
| Current assets29/58 | €4,489 | €1,057 | - |
| Amounts receivable within one year40/41 | €1,240 | €1,057 | - |
| Cash at bank and in hand54/58 | €1,243 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16,318 | €4,404 | - |
| Equity10/15 | -€30,202 | -€75,671 | - |
| Contributions10/11 | €18,592 | - | - |
| Reserves13 | €28,759 | €28,759 | - |
| Profit (loss) carried forward14 | -€77,552 | -€123,022 | - |
| Amounts payable17/49 | €46,520 | €80,076 | - |
| Amounts payable within one year42/48 | €46,520 | €80,076 | - |
| Trade debts44 | €7,309 | €1,459 | - |
| Line | 2018 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7,214 | -€11,525 | - |
| + Depreciation and write-downs630 | €7,684 | €2,599 | - |
| Operating cash flow (approximation) | €14,898 | -€8,925 | - |
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
2025
08-09
KBO administration
Late accounts filing
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 112 days late
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 45 days late
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
29-04
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen
Ground area
163 m²
Building footprint
100 m²
Volume, LiDAR
1,166 m³
Parcel 11811L3763/00K006, Flanders · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3763/00K006 | Flanders | 163 m² | 1 · 100 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-05-1999
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.