SYSTEMIC
ActiveSummary
SYSTEMIC has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,496 and a net result of €3,578. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 85% of 3,369 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €97,496
- Profit
- €3,578
Why 95lowers riskLiquidity: current ratio 100.74, cash €44,977Sector: Computer programming, consultancy and related activities (NACE 62)Equity €97,496 (84.8% of total assets)Size: total assets €115,005Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro): better than 85% on solvency, 91% on liquidity, 20% on profitability and 49% on growth.
The bankruptcy probability was computed on 23-10-2026 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
This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €3,578 ▲177%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (6 days) Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00385117.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €5,918 in 2025 against €5,763 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | - | - | - | €50 | - |
| Gross operating margin9900 | €23 | €724 | -€1,599 | -€2,310 | -€3,090 | -€3,407 | -€5,763 | -€5,868 | ▼ 1.8% |
| Operating profit (loss)9901 | €20 | €724 | -€1,599 | -€2,310 | -€3,090 | -€3,407 | -€5,763 | -€5,918 | ▼ 2.7% |
| Financial income75/76B | - | - | - | €1,581 | €5,843 | €5,453 | €7,475 | €10,416 | ▲ 39.4% |
| Recurring financial income75 | €175 | €191 | €1,310 | €1,581 | €5,843 | €5,453 | €7,475 | €10,416 | ▲ 39.4% |
| Non-recurring financial income76B | - | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €206 | €413 | €324 | €419 | €920 | ▲ 119% |
| Recurring financial charges65 | €7 | €15 | €518 | €206 | €413 | €324 | €419 | €920 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | €189 | €900 | -€253 | -€935 | €2,340 | €1,722 | €1,293 | €3,578 | ▲ 177% |
| Profit (loss) for the period9904 | €189 | €900 | -€253 | -€935 | €2,340 | €1,722 | €1,293 | €3,578 | ▲ 177% |
| Profit (loss) for the period to be appropriated9905 | €189 | €900 | -€253 | -€935 | €2,340 | €1,722 | €1,293 | €3,578 | ▲ 177% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €124,258 | €107,181 | €107,711 | €106,148 | €108,939 | €110,194 | €111,460 | €115,005 | ▲ 3.2% |
| Fixed assets21/28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | €0 | ▼ 100% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | €0 | ▼ 100% |
| Current assets29/58 | €124,208 | €107,131 | €107,661 | €106,098 | €108,889 | €110,144 | €111,410 | €115,005 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €3,297 | €1,713 | €2,644 | €1,585 | €2,134 | €3,061 | €2,825 | €2,146 | ▼ 24.1% |
| Trade receivables40 | - | - | - | €865 | €1,340 | €1,996 | €1,451 | €840 | ▼ 42.1% |
| Other amounts receivable41 | - | - | - | €720 | €794 | €1,065 | €1,374 | €1,306 | ▼ 5.0% |
| Current investments50/53 | - | - | €42,303 | €52,493 | €52,603 | €47,729 | €52,661 | €67,883 | ▲ 28.9% |
| Cash at bank and in hand54/58 | €120,871 | €105,418 | €62,714 | €52,020 | €54,151 | €59,354 | €55,924 | €44,977 | ▼ 19.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €124,258 | €107,181 | €107,711 | €106,148 | €108,939 | €110,194 | €111,460 | €115,005 | ▲ 3.2% |
| Equity10/15 | €88,852 | €89,752 | €89,498 | €88,564 | €90,903 | €92,625 | €93,918 | €97,496 | ▲ 3.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €26,852 | €27,752 | €27,498 | €26,564 | €28,903 | €30,625 | €31,918 | €32,097 | ▲ 0.6% |
| Non-distributable reserves130/1 | - | - | - | €5,222 | €5,339 | €5,425 | €5,489 | €5,668 | ▲ 3.3% |
| Legal reserve130 | - | - | - | €5,222 | €5,339 | €5,425 | €5,489 | €5,668 | ▲ 3.3% |
| Distributable reserves133 | - | - | - | €21,342 | €23,565 | €25,200 | €26,428 | €26,428 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | €3,399 | - |
| Provisions and deferred taxes16 | €16,368 | €16,368 | €16,368 | €16,368 | €16,368 | €16,368 | €16,368 | €16,368 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €16,368 | €16,368 | €16,368 | €16,368 | €16,368 | = |
| Pensions and similar obligations160 | - | - | - | €16,368 | €16,368 | €16,368 | €16,368 | €16,368 | = |
| Amounts payable17/49 | €19,039 | €1,062 | €1,845 | €1,216 | €1,667 | €1,201 | €1,175 | €1,142 | ▼ 2.8% |
| Amounts payable within one year42/48 | €8,399 | €1,062 | €1,845 | €1,216 | €1,667 | €1,201 | €1,175 | €1,142 | ▼ 2.8% |
| Trade debts44 | €4,229 | €897 | €1,263 | €777 | €1,491 | €1,169 | €1,175 | €740 | ▼ 37.0% |
| Suppliers440/4 | - | - | - | €777 | €1,491 | €1,169 | €1,175 | €740 | ▼ 37.0% |
| Taxes, remuneration and social security45 | - | - | - | €439 | €176 | €32 | - | €402 | - |
| Taxes450/3 | - | - | - | €439 | €176 | €32 | - | €402 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €189 | €900 | -€253 | -€935 | €2,340 | €1,722 | €1,293 | €3,578 | ▲ 177% |
| Operating cash flow (approximation) | €189 | €900 | -€253 | -€935 | €2,340 | €1,722 | €1,293 | €3,578 | ▲ 177% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €50 | - |
| Change in cash | - | -€15,453 | -€42,704 | -€10,694 | €2,131 | €5,203 | -€3,430 | -€10,948 | ▼ 219% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-08-2026 | 2026-00385117 |
| 31-12-2024 | micro format | 03-08-2025 | 2025-00353763 |
| 31-12-2023 | micro format | 28-07-2024 | 2024-00297255 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00253118 |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20216973 |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38500399 |
| 31-12-2019 | micro format | 31-07-2020 | 2020-38100298 |
| 31-12-2018 | micro format | 24-07-2019 | 2019-38200302 |
| 31-12-2017 | micro format | 01-08-2018 | 2018-42500198 |
| 31-12-2016 | micro format | 24-07-2017 | 2017-35600273 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GOURMET Léon |
|
| HASTIR Marie-Louise |
|
Owners and capital
Capital and shareholders
- 09-01-2024 Capital increase of €12,421.30 · to €62,000
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-01
Gazette deed
Reappointment: HASTIR Marie-Louise (director)Appointment: GOURMET Léon (director) · Registered office clause · Power of attorney10 facts ▸
- Registered office clause, “4000 Liège,rue des Anges 3, adresse du siège déclarée par l'assemblée générale” (deed in French)
- Director reappointment, HASTIR Marie-Louise
- Director appointment, GOURMET Léon
- Power of attorney
- General meeting, 26-12-2023
- Other provision, “adaptation des statuts au Code des sociétés et des associations, article 39, §1, alinéas 1 et 3 de la loi du 23-03-2019 introduisant le Code des sociétés et d…” (deed in French)
- Amendment of the articles
- Capital, €62,000
- Capital increase, €12,421.30
- Director discharge, administrateurs démissionnaires
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62805D0040/00V003 | Wallonia | 219 m² | 1 · 101 m² | 17.2 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le conseil en organisation, systèmes d'information, informatique et gestion ainsi que l'information, la formation et l'assistance dans ces…” (deed in French)
5 activities (deed in French)
- Le conseil en organisation, systèmes d'information, informatique et gestion ainsi que l'information, la formation et l'assistance dans ces domaines
- La conception et la réalisation de systèmes d'information et les prestations annexes ou complémentaires
- La formation professionnelle continue
- L'achat et la vente de matériels, logiciels et produits essentiellement dans les domaines informatique, électronique et équipements pour bureaux
- Toute activité commerciale à moins que celle-ci ne soit spécialement réglementée
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SYSTEMIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l'organe d'administration, établir ou supprimer des sièges administratifs, bureaux, agences…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Actions” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 17:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modifier les statuts si besoins de la liquidation le justifie, assemblée générale délibérant comme en matière de modification aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Le ou les liquidateurs, liquidation par l'organe d'administration en fonction agissant le cas échéant en collège de liquidateurs” (deed in French)“Sauf si assemblée générale en décide autrement, majorité des voix” (deed in French)