System Volt
ActiveSystem Volt has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €8k. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 197 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-15
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 4.26 against 3.07 in 2024; short-term debt: 23.5% and cash: 43% of total assets), and 23.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
76.5%
Return on assets
16.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
10 d early
2024
23 d early
2023
21 d early
2022
33 d early
2021
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▲ 26.6%
2024 · €31k
2021: €7k
2022: €9k
2023: €17k
2024: €31k
2021 → 2025
Total assets
€52k▲ 11.7%
2024 · €46k
2021: €21k
2022: €22k
2023: €25k
2024: €46k
2021 → 2025
Net result
€8k▼ 41.6%
2024 · €14k
2021: €702
2022: €2k
2023: €8k
2024: €14k
2021 → 2025
Working capital
€40k▲ 27.3%
2024 · €31k
2021: €5k
2022: €6k
2023: €16k
2024: €31k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€9k▲ 32.7%€17k▲ 86.1%€31k▲ 83.7%€40k▲ 26.6%
Operating result€3k-€5k▲ 74.1%€14k▲ 197%€23k▲ 68.8%€14k▼ 39.0%
Net result€702-€2k▲ 221%€8k▲ 250%€14k▲ 80.9%€8k▼ 41.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €52k
Equity
€40k▲ 26.6%
Debt
€12k▼ 19.2%
The debt ratio falls from 32.5% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €24k
Cash flow
€8k▼
2024 · €15k
Solvency
76.5%▲
2024 · 67.5%
Current ratio
4.26▲
2024 · 3.07
Quick ratio
4.26▲
2024 · 3.07
Debt / equity
0.31▼
2024 · 0.48
ROE
21.0%▼
2024 · 45.6%
ROA
16.1%▼
2024 · 30.8%
Interest coverage
5.49▼
2024 · 7.80
Debt
€12k▼
2024 · €15k
Debt ≤ 1 year
€12k▼
2024 · €15k
Income taxes
€4k▼
2024 · €6k
Staff costs
€43k▲
2024 · €39k
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€46k€52k▲
Fixed assets21/28€161-
Tangible fixed assets22/27€161-
Plant, machinery and equipment23€161-
Current assets29/58€46k€52k▲
Amounts receivable within one year40/41€29k€30k▲
Trade receivables40€13k€13k▼
Other amounts receivable41€16k€17k▲
Cash at bank and in hand54/58€17k€22k▲
Equity and liabilities
Total equity and liabilities10/49€46k€52k▲
Equity10/15€31k€40k▲
Contributions10/11€6k€6k=
Reserves13€21k€29k▲
Distributable reserves133€21k€29k▲
Profit (loss) carried forward14€4k€4k▲
Amounts payable17/49€15k€12k▼
Amounts payable within one year42/48€15k€12k▼
Financial debts43-€423
Credit institutions430/8-€423
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€8k€527▼
Remuneration and social security454/9€6k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€39k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€645€161▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€64k€58k▼
Operating profit (loss)9901€23k€14k▼
Financial income75/76B€510€812▲
Recurring financial income75€510€812▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€21k€12k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€14k€8k▼
Profit (loss) for the period to be appropriated9905€14k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€12k▼
Profit (loss) brought forward from the previous period14P€3k€4k▲
Transfer to equity691/2€14k€8k▼
To other reserves6921€14k€8k▼
The notes to these accounts (4 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
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2021net €14k ▲80.9%
Operating result €23k, net result €14k, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.50 to 3.01; short-term debt falls from €13k to €8k.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 2019
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.
Vrasenestraat 1499100 Sint-NiklaasGround area
261 m²
Building footprint
88 m²
Volume, LiDAR
591 m³
Parcel 46017A0414/00K002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
System Volt
since 20192.294.008.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0414/00K002 | Flanders | 261 m² | 1 · 87 m² | 10.4 m · 2 fl. |
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.
Similar companies · same sector, comparable size
Centen Technology Development (Belgium) Co., Ltd
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BE 0665.893.023
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Etablissements Edouard Defrance
BE 0402.032.930
Wemmel · Eq €40k
SG-Engineering
BE 1001.319.221
Florennes · Eq €37k
ROLAND WILLIAM RENOVATIES
BE 0776.610.110
Tongeren-Borgloon · Eq €48k
Of 249 companies in sector 26110 we hold annual accounts for 182. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2019
Fiscal year end30-06
Activities, NACEBEL
26110Manufacture of computer, electronic and optical products
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.