SYSTEM INTEGRATION CONSULTANCY
ActiveSummary
SYSTEM INTEGRATION CONSULTANCY has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 39% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-10
Solvency73▼-23
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 3.97 in 2024; short-term debt: 49.3% and cash: 17.2% of total assets), and 52.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
47.6%
Return on assets
2.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
17 d early
2023
14 d early
2022
35 d early
2021
23 d early
2020
8 d early
2019
7 d early
← 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
Equity
€65k▼ 32.1%
2024 · €96k
2018: €75k
2019: €86k▲ +15.2% vs 2018
2020: €96k▲ +11.1% vs 2019
2021: €104k▲ +8.7% vs 2020highest in 8 years
2022: €94k▼ -9.8% vs 2021
2023: €82k▼ -12.5% vs 2022
2024: €96k▲ +17.1% vs 2023
2025: €65k▼ -32.1% vs 2024lowest in 8 years
2018 → 2025
Total assets
€137k▲ 2.1%
2024 · €135k
2018: €93klowest in 8 years
2019: €109k▲ +17.1% vs 2018
2020: €149k▲ +36.1% vs 2019
2021: €168k▲ +12.8% vs 2020highest in 8 years
2022: €147k▼ -12.2% vs 2021
2023: €127k▼ -13.6% vs 2022
2024: €135k▲ +5.7% vs 2023
2025: €137k▲ +2.1% vs 2024
2018 → 2025
Net result
€4k▼ 73.7%
2024 · €14k
2018: €12k
2019: €12k▲ +2.1% vs 2018
2020: €35k▲ +184% vs 2019highest in 8 years
2021: €9k▼ -73.6% vs 2020
2022: €-9k▼ -202% vs 2021
2023: €-12k▼ -25.5% vs 2022lowest in 8 years
2024: €14k▲ +220% vs 2023
2025: €4k▼ -73.7% vs 2024
2018 → 2025
Working capital
€31k▼ 54.7%
2024 · €68k
2018: €66k
2019: €66k▲ +1.2% vs 2018
2020: €78k▲ +17.2% vs 2019highest in 8 years
2021: €65k▼ -16.6% vs 2020
2022: €58k▼ -10.8% vs 2021
2023: €52k▼ -10.2% vs 2022
2024: €68k▲ +30.2% vs 2023
2025: €31k▼ -54.7% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€94k▼ 9.8%€82k▼ 12.5%€96k▲ 17.1%€65k▼ 32.1%
2021: €104khighest in 5 years
2022: €94k▼ -9.8% vs 2021
2023: €82k▼ -12.5% vs 2022
2024: €96k▲ +17.1% vs 2023
2025: €65k▼ -32.1% vs 2024lowest in 5 years
Operating result€8k-€-14k€-9k▲ 38.5%€14k€9k▼ 31.4%
2021: €8k
2022: €-14k▼ -273% vs 2021lowest in 5 years
2023: €-9k▲ +38.5% vs 2022
2024: €14k▲ +260% vs 2023highest in 5 years
2025: €9k▼ -31.4% vs 2024
Net result€9k-€-9k€-12k▼ 25.5%€14k€4k▼ 73.7%
2021: €9k
2022: €-9k▼ -202% vs 2021
2023: €-12k▼ -25.5% vs 2022lowest in 5 years
2024: €14k▲ +220% vs 2023highest in 5 years
2025: €4k▼ -73.7% vs 2024
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 falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets
€39k ▼ 11.5%
Current assets
€98k ▲ 8.7%
Equity and liabilities €137k
Equity
€65k ▼ 32.1%
Debt
€72k ▲ 87.7%
Debt's share of the balance-sheet total rises from 28.5% to 52.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24k▼
2024 · €27k
Cash flow
€19k▼
2024 · €27k
Current ratio
1.45▼
2024 · 3.97
Debt to equity
1.10▲
2024 · 0.40
ROE
5.7%▼
2024 · 14.6%
ROA
2.7%▼
2024 · 10.5%
Interest coverage
10.45▲
2024 · 6.86
Debt ≤ 1 year
€68k▲
2024 · €23k
Debt > 1 year
€4k▼
2024 · €14k
Income taxes
€4k▼
2024 · €5k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€135k€137k▲
Fixed assets21/28€44k€39k▼
Tangible fixed assets22/27€40k€35k▼
Plant, machinery and equipment23€363€8k▲
Furniture and vehicles24€10k€3k▼
Other tangible fixed assets26€30k€24k▼
Financial fixed assets28€4k€4k=
Current assets29/58€91k€98k▲
Amounts receivable within one year40/41€18k€23k▲
Trade receivables40€122€1k▲
Other amounts receivable41€18k€22k▲
Current investments50/53€39k€36k▼
Cash at bank and in hand54/58€22k€24k▲
Deferred charges and accrued income490/1€11k€15k▲
Equity and liabilities
Total equity and liabilities10/49€135k€137k▲
Equity10/15€96k€65k▼
Contributions10/11€6k€6k=
Reserves13€90k€59k▼
Tax-exempt reserves132€3k€3k=
Distributable reserves133€87k€56k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€38k€72k▲
Amounts payable after more than one year17€14k€4k▼
Financial debts170/4€14k€4k▼
Amounts payable within one year42/48€23k€68k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€7k€15k▲
Suppliers440/4€7k€15k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48-€35k
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€907€888▼
Gross operating margin9900€28k€25k▼
Operating profit (loss)9901€14k€9k▼
Financial income75/76B€9k€631▼
Recurring financial income75€9k€631▼
Non-recurring financial income76B€0-
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€19k€8k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€14k€4k▼
Profit (loss) for the period to be appropriated9905€14k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€4k▼
Transfer from equity791/2€0€35k▲
Transfer to equity691/2€14k€4k▼
To other reserves6921€14k€4k▼
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (10 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €12k | €15k | €13k | €15k | ▲ 13.6% |
| Other operating charges640/8 | €509 | €901 | €1k | €907 | €888 | ▼ 2.2% |
| Gross operating margin9900 | €15k | €-1k | €8k | €28k | €25k | ▼ 9.2% |
| Operating profit (loss)9901 | €8k | €-14k | €-9k | €14k | €9k | ▼ 31.4% |
| Financial income75/76B | €7k | €8k | €1k | €9k | €631 | ▼ 92.8% |
| Recurring financial income75 | €7k | €8k | €411 | €9k | €631 | ▼ 92.8% |
| Non-recurring financial income76B | - | - | €776 | €0 | - | - |
| Financial charges65/66B | €3k | €4k | €4k | €4k | €2k | ▼ 40.6% |
| Recurring financial charges65 | €3k | €4k | €4k | €4k | €2k | ▼ 40.6% |
| Profit (loss) for the period before taxes9903 | €12k | €-9k | €-11k | €19k | €8k | ▼ 58.5% |
| Income taxes67/77 | €3k | €308 | €379 | €5k | €4k | ▼ 11.2% |
| Profit (loss) for the period9904 | €9k | €-9k | €-12k | €14k | €4k | ▼ 73.7% |
| Transfer from tax-exempt reserves789 | €3k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €12k | €-9k | €-12k | €14k | €4k | ▼ 73.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168k | €147k | €127k | €135k | €137k | ▲ 2.1% |
| Fixed assets21/28 | €63k | €62k | €56k | €44k | €39k | ▼ 11.5% |
| Tangible fixed assets22/27 | €59k | €58k | €52k | €40k | €35k | ▼ 12.6% |
| Plant, machinery and equipment23 | €1k | €1k | €727 | €363 | €8k | ▲ 2,045% |
| Furniture and vehicles24 | €11k | €18k | €15k | €10k | €3k | ▼ 65.1% |
| Other tangible fixed assets26 | €47k | €39k | €37k | €30k | €24k | ▼ 20.7% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €105k | €85k | €72k | €91k | €98k | ▲ 8.7% |
| Amounts receivable within one year40/41 | €10k | €11k | €10k | €18k | €23k | ▲ 28.6% |
| Trade receivables40 | - | €218 | €218 | €122 | €1k | ▲ 749% |
| Other amounts receivable41 | €10k | €11k | €10k | €18k | €22k | ▲ 23.7% |
| Current investments50/53 | €52k | €37k | €31k | €39k | €36k | ▼ 7.2% |
| Cash at bank and in hand54/58 | €27k | €23k | €18k | €22k | €24k | ▲ 5.5% |
| Deferred charges and accrued income490/1 | €15k | €14k | €12k | €11k | €15k | ▲ 39.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168k | €147k | €127k | €135k | €137k | ▲ 2.1% |
| Equity10/15 | €104k | €94k | €82k | €96k | €65k | ▼ 32.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €98k | €88k | €76k | €90k | €59k | ▼ 34.3% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €93k | €83k | €73k | €87k | €56k | ▼ 35.6% |
| Profit (loss) carried forward14 | - | - | €0 | - | €0 | - |
| Amounts payable17/49 | €64k | €54k | €45k | €38k | €72k | ▲ 87.7% |
| Amounts payable after more than one year17 | €24k | €25k | €26k | €14k | €4k | ▼ 68.1% |
| Financial debts170/4 | €24k | €25k | €26k | €14k | €4k | ▼ 68.1% |
| Amounts payable within one year42/48 | €40k | €27k | €20k | €23k | €68k | ▲ 197% |
| Current portion of amounts payable after more than one year42 | €6k | €9k | €12k | €9k | €9k | ▲ 2.5% |
| Financial debts43 | €5k | €3k | €2k | €3k | €2k | ▼ 20.1% |
| Credit institutions430/8 | €5k | €3k | €2k | €3k | €2k | ▼ 20.1% |
| Trade debts44 | €15k | €10k | €1k | €7k | €15k | ▲ 113% |
| Suppliers440/4 | €15k | €10k | €1k | €7k | €15k | ▲ 113% |
| Taxes, remuneration and social security45 | €11k | €3k | €5k | €4k | €7k | ▲ 76.1% |
| Taxes450/3 | €8k | €3k | €5k | €4k | €7k | ▲ 76.1% |
| Remuneration and social security454/9 | €3k | - | - | - | - | - |
| Other amounts payable47/48 | €3k | €800 | €0 | - | €35k | - |
| Accrued charges and deferred income492/3 | - | €2k | €0 | €2k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €-9k | €-12k | €14k | €4k | ▼ 73.7% |
| + Depreciation and write-downs630 | €7k | €12k | €15k | €13k | €15k | ▲ 13.6% |
| Operating cash flow (approximation) | €16k | €3k | €4k | €27k | €19k | ▼ 31.7% |
| Investment in fixed assets (approximation) | - | €-11k | €-9k | €-1k | €-10k | ▼ 555% |
| Change in cash | - | €-4k | €-5k | €4k | €1k | ▼ 70.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €104k ▲8.7%
4 profitable years in a row build equity to €104k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €35k ▲184%
Operating result €52k, net result €35k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
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.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Lier · 1 establishment unit since 1999
Ground area
368 m²
Building footprint
111 m²
Volume, LiDAR
591 m³
Parcel 12393F0261/00P003, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
S.I.C., FLOWMOTION
since 19992.090.230.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0261/00P003 | Flanders | 368 m² | 1 · 111 m² | 8.4 m · 2 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.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,377 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
Founded08-01-1999
Fiscal year end31-12
Abbreviation NL
S.I.C.
Activities, NACEBEL 2025
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.