SYSTEMD
Annual accounts 2025
micro format, filed on 16-12-2025, 46 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €500,000. Estimated: probably between €250,000 and €880,000.
Balance sheet
balance sheet total €211,746 on 30-06-2025in euro
in euro
Position in the sector
66.3%
Higher than 71% of 13,805 companies in 2025.
2.95
Higher than 70% of 13,186 companies in 2025.
32.7%
Higher than 91% of 13,365 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
211,746 | 211,163 | 180,007 | 153,724 | 111,933 | 85,028 | 97,862 | 91,706 | 77,144 | 71,501 | |
21/28 |
970 | 1,099 | 3,313 | 4,085 | 5,987 | 1,094 | 6,086 | 13,744 | 25,612 | 26,979 | |
22/27 |
970 | 1,099 | 3,313 | 4,085 | 5,987 | 1,094 | 6,086 | 13,744 | 25,612 | 26,979 | |
23 |
- | - | 220 | 380 | 210 | 609 | 410 | 833 | 1,740 | 225 | |
24 |
- | - | 1,864 | 3,705 | 5,778 | 485 | 1,000 | 2,000 | 4,252 | - | |
26 |
970 | 1,099 | 1,229 | - | - | - | 465 | 1,085 | 4,181 | 5,701 | |
29/58 |
210,776 | 210,064 | 176,694 | 149,639 | 105,946 | 83,934 | 91,776 | 77,962 | 51,532 | 44,521 | |
40/41 |
81,130 | 89,300 | 62,726 | 19,003 | 15,899 | 14,889 | 63,747 | 24,512 | 22,194 | 14,266 | |
40 |
71,690 | 87,297 | 52,179 | 17,861 | 15,863 | 13,230 | 57,618 | 24,365 | 21,699 | 14,266 | |
41 |
9,440 | 2,002 | 10,547 | 1,142 | 36 | 1,659 | 6,129 | 147 | 495 | - | |
54/58 |
128,798 | 120,115 | 111,950 | 128,363 | 87,772 | 66,823 | 25,768 | 51,139 | 27,545 | 28,469 | |
490/1 |
848 | 650 | 2,018 | 2,272 | 2,275 | 2,222 | 2,261 | 2,311 | 1,793 | 1,786 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
211,746 | 211,163 | 180,007 | 153,724 | 111,933 | 85,028 | 97,862 | 91,706 | 77,144 | 71,501 | |
10/15 |
140,331 | 116,036 | 81,977 | 86,211 | 54,649 | 51,105 | 43,715 | 10,449 | 35,299 | 16,084 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 10,500 | 10,500 | 10,500 | 6,500 | 6,500 | 6,500 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 8,100 | 8,100 | 12,100 | 12,100 | 12,100 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
14 |
119,871 | 95,576 | 61,517 | 65,751 | 42,289 | 38,745 | 31,355 | 2,089 | 26,939 | 7,724 | |
17/49 |
71,415 | 95,128 | 98,030 | 67,512 | 57,284 | 33,924 | 54,147 | 81,257 | 41,845 | 55,416 | |
17 |
- | - | - | - | - | - | - | 8,878 | 13,922 | 18,916 | |
170/4 |
- | - | - | - | - | - | - | 8,878 | 13,922 | 18,916 | |
42/48 |
71,415 | 95,128 | 98,030 | 67,512 | 57,284 | 33,924 | 54,147 | 72,379 | 27,923 | 36,500 | |
42 |
- | - | - | - | - | - | 8,878 | 5,044 | 4,994 | 4,945 | |
44 |
8,506 | 29,891 | 40,977 | 8,192 | 1,832 | 14,185 | 16,208 | 5,117 | 10,842 | 3,428 | |
440/4 |
8,506 | 29,891 | 40,977 | 8,192 | 1,832 | 14,185 | 16,208 | 5,117 | 10,842 | 3,428 | |
45 |
17,267 | 24,237 | 8,542 | 11,214 | 19,504 | 9,738 | 10,227 | 12,218 | 10,736 | 13,868 | |
450/3 |
17,267 | 24,237 | 8,542 | 11,214 | 19,504 | 9,738 | 10,227 | 12,218 | 10,736 | 13,868 | |
47/48 |
45,641 | 41,000 | 48,510 | 48,106 | 35,948 | 10,000 | 18,834 | 50,000 | 1,351 | 14,259 | |
| Income statement | |||||||||||
76A |
- | 8,648 | - | - | - | - | - | - | - | - | |
9900 |
93,194 | 103,046 | 60,876 | 97,897 | 53,812 | 33,117 | 64,573 | 51,574 | 39,713 | 44,410 | |
630 |
130 | 2,214 | 2,057 | 2,369 | 663 | 6,314 | 8,270 | 8,142 | 9,686 | 9,076 | |
640/8 |
- | - | 63 | - | - | - | - | - | 10 | 2 | |
66A |
- | - | 10 | - | - | - | - | 3,727 | - | - | |
9901 |
93,065 | 100,832 | 58,745 | 95,527 | 53,149 | 26,803 | 56,304 | 39,705 | 30,017 | 35,332 | |
75/76B |
688 | 463 | 0 | 3 | 3 | 9 | 5 | 0 | - | 3 | |
75 |
688 | 463 | 0 | 3 | 3 | 9 | 5 | 0 | - | 3 | |
65/66B |
181 | 285 | 84 | 132 | 88 | 200 | 81 | 118 | 67 | 33 | |
65 |
181 | 285 | 84 | 132 | 88 | 200 | 81 | 118 | 67 | 33 | |
9903 |
93,572 | 101,010 | 58,661 | 95,398 | 53,064 | 26,612 | 56,228 | 39,588 | 29,950 | 35,302 | |
67/77 |
24,276 | 25,952 | 15,895 | 24,936 | 14,219 | 9,222 | 11,961 | 14,438 | 10,736 | 13,718 | |
9904 |
69,295 | 75,059 | 42,766 | 70,462 | 38,845 | 17,390 | 44,266 | 25,150 | 19,214 | 21,584 | |
9905 |
69,295 | 75,059 | 42,766 | 70,462 | 38,845 | 17,390 | 44,266 | 25,150 | 19,214 | 21,584 | |
| Appropriation of the result | |||||||||||
9906 |
164,871 | 136,576 | 108,517 | 112,751 | 77,589 | 48,745 | 46,355 | 52,089 | 26,939 | 21,584 | |
14P |
95,576 | 61,517 | 65,751 | 42,289 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,860 | |
694/7 |
45,000 | 41,000 | 47,000 | 47,000 | 35,300 | 10,000 | 15,000 | 50,000 | - | 12,000 | |
694 |
45,000 | 41,000 | 47,000 | 47,000 | 35,300 | 10,000 | 15,000 | 50,000 | - | 12,000 | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 16-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 16-12-2025 | 2025-00582320 | |
| 30-06-2024 | micro format | 19-12-2024 | 2024-00619595 | |
| 30-06-2023 | micro format | 22-12-2023 | 2023-00534937 | |
| 30-06-2022 | micro format | 09-12-2022 | 2022-20534599 | |
| 30-06-2021 | micro format | 16-12-2021 | 2021-80500344 | |
| 30-06-2020 | micro format | 14-12-2020 | 2020-75500455 | |
| 30-06-2019 | micro format | 16-12-2019 | 2019-76200499 | |
| 30-06-2018 | micro format | 03-12-2018 | 2018-73500434 | |
| 30-06-2017 | micro format | 11-12-2017 | 2017-71600155 | |
| 30-06-2016 | full format | 07-12-2016 | 2016-69600183 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 93,194 | 103,046 | 60,802 | 97,897 | 53,812 | 33,117 | 64,573 | 47,847 | 39,703 | 44,408 | ||
| 69,425 | 77,272 | 44,823 | 72,831 | 39,508 | 23,704 | 52,536 | 33,292 | 28,900 | 30,660 | ||
| 0 | 0 | 1,295 | 467 | 5,557 | 1,323 | 612 | -3,727 | 8,319 | 36,055 | ||
| 8,683 | 8,165 | -16,413 | 40,591 | 20,949 | 41,055 | -25,371 | 23,594 | -924 | - | ||
| 139,361 | 114,937 | 78,664 | 82,126 | 48,662 | 50,010 | 37,629 | 5,583 | 23,609 | 8,021 | ||
| 66.3% | 55.0% | 45.5% | 56.1% | 48.8% | 60.1% | 44.7% | 11.4% | 45.8% | 22.5% | ||
| 2.95 | 2.21 | 1.80 | 2.22 | 1.85 | 2.47 | 1.69 | 1.08 | 1.85 | 1.22 | ||
| 0.51 | 0.82 | 1.20 | 0.78 | 1.05 | 0.66 | 1.24 | 7.78 | 1.19 | 3.45 | ||
| 49.4% | 64.7% | 52.2% | 81.7% | 71.1% | 34.0% | 101.3% | 240.7% | 54.4% | 134.2% | ||
| 32.7% | 35.5% | 23.8% | 45.8% | 34.7% | 20.5% | 45.2% | 27.4% | 24.9% | 30.2% | ||
| over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,295 | €467 |
| €130 | €2,214 | €2,057 | €2,369 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on SYSTEMD
The operating result for 2025 is 8% lower than in 2024.
Debt's share of the balance-sheet total falls from 45.0% to 33.7%. Equity is higher and debt is lower.