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SYSTEMHOUSE

Active
Private limited companyfounded 2009active for 16 yearsRoyennestraat 53, 7700 Mouscron, BelgiumKBO/BCE: BE 0820.144.995
Summary

SYSTEMHOUSE has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.8m and a net result of €3.8m. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 61% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
SYSTEMHOUSEActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of industrial chemicals
NACE 46851Manufacture of chemicals and chemical products NACE 20140
3rd fastest staff growth in Mouscron, Wholesale and retail trade sector1 site
Size
€30.4mtotal assets 2025
Staff
15.3 FTE
Equity
€16.8m
Profit
€3.8m
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
P.U. SYSTEMS · 99.95%
2025 accounts 43 days early1 of 11 deeds summarised
Why 96raises riskLiquidity: current ratio 2.23, cash €1.6mlowers riskFounded in 2009Size: 15.3 FTE, total assets €30.4mEquity €16.8m (55.2% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 46, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 80+1
equity 55.2% of total assets
Liquidity 39+4
short-term debt 38.5% · cash 5.2%
Profitability 84-4
return on assets 12.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,374 companies, NACE 46, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024highest value 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €1,600,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.23, compared with 2.03 in 2024, above the usual 1.5; short-term debt: 38.5% and cash: 5.2% of total assets), and 44.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 64% on solvency, 43% on liquidity, 87% on profitability and 74% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 15.3 FTE, total assets €30.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €16.8m (55.2% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.23, cash €1.6m
NBB · annual accounts
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 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
44 days early
2023
7 days early
2022
21 days late
2021
18 days early
2020
51 days late
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2019 to 2025net €4.2m ▲61.1%

Key points

  • Positive: Among the best 7% on net resultsector median €112,347 · 6,076 companies €3.8m View
  • Controlled by P.U. SYSTEMSultimately: LMP NV 99.95% View
  • Positive: 7 profitable years in a rowprofit 2025: €3.8m 7 years View

By topic

Financials

Financial year
2025
Total assets
€30.4m
Profit
€3.8m
Solvency
55.2%
Total assets▲ 11.3%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
P.U. SYSTEMS · 99.95%
  • Mathieu CasteleinDirector
  • Pierre CasteleinDirector
Go to Board & ownership

Timeline

Events
20
Since
2012
Next accounts
by 31-01-2027
  1. 24-01-2024Annual accounts filed
  2. 03-10-2023Resignations: Mathieu Castelein (manager) and Pierre Castelein…
  3. 30-06-2023Equity above €10m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of industrial chemicalsNACE 46851
Founded
28-10-2009
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SYSTEMHOUSE

What is the company number of SYSTEMHOUSE?
0820.144.995. In Belgium the VAT number is the company number with BE in front: BE 0820.144.995.
Where is SYSTEMHOUSE based?
The registered office is at Royennestraat 53, 7700 Mouscron.Company details
What does SYSTEMHOUSE do?
According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
What is the legal form of SYSTEMHOUSE?
Private limited company (BV).
When was SYSTEMHOUSE founded?
On 28-10-2009.
Is SYSTEMHOUSE still active?
Yes, SYSTEMHOUSE is an active enterprise in the KBO register.
How many employees does SYSTEMHOUSE have?
On average 15.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SYSTEMHOUSE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SYSTEMHOUSE profitable?
In financial year 2025, SYSTEMHOUSE made a profit of €3.8m.
Where can I find the annual accounts of SYSTEMHOUSE?
SYSTEMHOUSE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SYSTEMHOUSE due?
By 31-01-2027, for financial year 2026.Timeline

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