SYSTUNE
ActiveSummary
SYSTUNE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,665 and a net result of €18,294. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 5.85 against 5.65 in 2024; short-term debt: 17% and cash: 96.6% of total assets), and 17% of the assets are financed with debt.
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Signals
Five 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 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
83%
Return on assets
5.8%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 06-01-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
32 d early
2023
85 d early
2022
53 d early
2021
70 d early
2020
31 d early
2019
68 d 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 56 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today. Usually files around 6 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-07-2026 close29-09-2026 today28-02-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
In the rankings
#5 company by equity in Court-Saint-Etienne, Telecoms and IT sector#5 oldest company in Court-Saint-Etienne, Telecoms and IT sector#8 company by total assets in Court-Saint-Etienne, Telecoms and IT sector
Equity
€261,665▲ 7.5%
2024 · €243,371
Total assets
€315,437▲ 6.7%
2024 · €295,604
Net result
€18,294▲ 3.3%
2024 · €17,704
Working capital
€260,629▲ 7.4%
2024 · €242,732
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€27,139▲ 17.3%€16,479▼ 39.3%€23,304▲ 41.4%€22,528▼ 3.3%€23,074▲ 2.4%
Net result€19,110within the sector's middle half▲ 16.4%€11,272within the sector's middle half▼ 41.0%€16,502within the sector's middle half▲ 46.4%€17,704within the sector's middle half▲ 7.3%€18,294within the sector's middle half▲ 3.3%
Equity€197,892above the sector's middle half▲ 10.7%€209,164above the sector's middle half▲ 5.7%€225,666above the sector's middle half▲ 7.9%€243,371above the sector's middle half▲ 7.8%€261,665above the sector's middle half▲ 7.5%
Total assets€244,833within the sector's middle half▲ 10.7%€264,722within the sector's middle half▲ 8.1%€297,450above the sector's middle half▲ 12.4%€295,604above the sector's middle half▼ 0.6%€315,437above the sector's middle half▲ 6.7%
Debt€46,941▲ 10.6%€55,558▲ 18.4%€71,784▲ 29.2%€52,233▼ 27.2%€53,772▲ 2.9%
Working capital€191,303above the sector's middle half▲ 16.7%€208,002above the sector's middle half▲ 8.7%€225,030above the sector's middle half▲ 8.2%€242,732above the sector's middle half▲ 7.9%€260,629above the sector's middle half▲ 7.4%
Solvency80.8%above the sector's middle half=79.0%within the sector's middle half▼ 1.8pp75.9%within the sector's middle half▼ 3.1pp82.3%above the sector's middle half▲ 6.5pp83.0%above the sector's middle half▲ 0.6pp
Current ratio5.08above the sector's middle half▲ 0.214.74within the sector's middle half▼ 0.334.13within the sector's middle half▼ 0.615.65above the sector's middle half▲ 1.515.85above the sector's middle half▲ 0.20
Return on assets (ROA)7.8%within the sector's middle half▲ 0.4pp4.3%within the sector's middle half▼ 3.5pp5.5%within the sector's middle half▲ 1.3pp6.0%within the sector's middle half▲ 0.4pp5.8%within the sector's middle half▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315,437
Fixed assets
€1,036 ▲ 62.0%
Current assets
€314,401 ▲ 6.6%
Equity and liabilities €315,437
Equity
€261,665 ▲ 7.5%
Debt
€53,772 ▲ 2.9%
Debt's share of the balance-sheet total falls from 17.7% to 17.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,503▲
2024 · €23,151
Cash flow
€18,724▲
2024 · €18,327
Debt to equity
0.21▼
2024 · 0.21
ROE
7.0%▼
2024 · 7.3%
Interest coverage
123.72▲
2024 · 55.67
Debt ≤ 1 year
€53,772▲
2024 · €52,233
Income taxes
€7,288▲
2024 · €7,102
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 31,370 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,277 | €6,789 | €526 | €623 | €430 | ▼ 31.0% |
| Other operating charges640/8 | - | €968 | €577 | €1,027 | €876 | ▼ 14.7% |
| Gross operating margin9900 | €36,169 | €24,237 | €24,407 | €24,177 | €24,380 | ▲ 0.8% |
| Operating profit (loss)9901 | €27,139 | €16,479 | €23,304 | €22,528 | €23,074 | ▲ 2.4% |
| Financial income75/76B | - | - | €301 | €2,694 | €2,699 | ▲ 0.2% |
| Recurring financial income75 | €0 | - | €301 | €2,694 | €2,699 | ▲ 0.2% |
| Financial charges65/66B | - | €237 | €79 | €416 | €190 | ▼ 54.3% |
| Recurring financial charges65 | €183 | €237 | €79 | €416 | €190 | ▼ 54.3% |
| Profit (loss) for the period before taxes9903 | €26,956 | €16,243 | €23,526 | €24,806 | €25,582 | ▲ 3.1% |
| Income taxes67/77 | €7,847 | €4,971 | €7,024 | €7,102 | €7,288 | ▲ 2.6% |
| Profit (loss) for the period9904 | €19,110 | €11,272 | €16,502 | €17,704 | €18,294 | ▲ 3.3% |
| Profit (loss) for the period to be appropriated9905 | €19,110 | €11,272 | €16,502 | €17,704 | €18,294 | ▲ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €244,833 | €264,722 | €297,450 | €295,604 | €315,437 | ▲ 6.7% |
| Fixed assets21/28 | €6,589 | €1,162 | €636 | €639 | €1,036 | ▲ 62.0% |
| Tangible fixed assets22/27 | €6,589 | €1,162 | €636 | €639 | €1,036 | ▲ 62.0% |
| Furniture and vehicles24 | - | €1,162 | €636 | €639 | €1,036 | ▲ 62.0% |
| Current assets29/58 | €238,244 | €263,560 | €296,814 | €294,964 | €314,401 | ▲ 6.6% |
| Amounts receivable within one year40/41 | €8,020 | €17,895 | €29,150 | €16,580 | €8,816 | ▼ 46.8% |
| Trade receivables40 | - | €14,520 | €29,040 | €14,520 | €7,260 | ▼ 50.0% |
| Other amounts receivable41 | - | €3,375 | €110 | €2,060 | €1,556 | ▼ 24.5% |
| Cash at bank and in hand54/58 | €229,137 | €244,541 | €266,382 | €277,438 | €304,589 | ▲ 9.8% |
| Deferred charges and accrued income490/1 | - | €1,123 | €1,282 | €946 | €996 | ▲ 5.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €244,833 | €264,722 | €297,450 | €295,604 | €315,437 | ▲ 6.7% |
| Equity10/15 | €197,892 | €209,164 | €225,666 | €243,371 | €261,665 | ▲ 7.5% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €74,400 | €85,672 | €102,174 | €119,879 | €138,173 | ▲ 15.3% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €85,672 | €102,174 | €119,879 | €138,173 | ▲ 15.3% |
| Profit (loss) carried forward14 | €103,492 | €103,492 | €103,492 | €103,492 | €103,492 | = |
| Amounts payable17/49 | €46,941 | €55,558 | €71,784 | €52,233 | €53,772 | ▲ 2.9% |
| Amounts payable within one year42/48 | €46,941 | €55,558 | €71,784 | €52,233 | €53,772 | ▲ 2.9% |
| Trade debts44 | €734 | €767 | €1,550 | €1,125 | €2,880 | ▲ 156% |
| Suppliers440/4 | - | €767 | €1,550 | €1,125 | €2,880 | ▲ 156% |
| Taxes, remuneration and social security45 | - | €1,260 | €8,202 | €1,273 | €1,260 | ▼ 1.0% |
| Taxes450/3 | - | €1,260 | €8,202 | €1,273 | €1,260 | ▼ 1.0% |
| Other amounts payable47/48 | - | €53,531 | €62,032 | €49,835 | €49,632 | ▼ 0.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,110 | €11,272 | €16,502 | €17,704 | €18,294 | ▲ 3.3% |
| + Depreciation and write-downs630 | €8,277 | €6,789 | €526 | €623 | €430 | ▼ 31.0% |
| Operating cash flow (approximation) | €27,387 | €18,061 | €17,028 | €18,327 | €18,724 | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | -€1,362 | €0 | -€626 | -€826 | ▼ 32.0% |
| Change in cash | - | €15,404 | €21,841 | €11,056 | €27,151 | ▲ 146% |
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
Financial
Weakest financial yearnet €11,272 ▼41%
Net result drops to €11,272, the lowest in the series; recovery starts the following year.
31-07
Financial
Equity above €200,000Eq €209,164 ▲5.7%
4 profitable years in a row build equity to €209,164.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Court-Saint-Etienne · 1 establishment unit since 2000
Ground area
3,664 m²
Building footprint
260 m²
Volume, LiDAR
1,541 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Basjaunes 24, 1490 Court-Saint-Etienne
since 20002.093.824.776
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023D0187/00H000 | Wallonia | 2,874 m² | 1 · 169 m² | 6.3 m · 2 fl. |
| 25023D0196/00K000 | Wallonia | 790 m² | 1 · 91 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,398. 14,095 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
Founded31-03-2000
Fiscal year end31-07
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46190Agents in non-specialised wholesale trade
62900Other information technology and computer services
62100Computer programming
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471573517
Also
9925:BE0471573517
Registered
02-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.