T.A. SYSTEMS
ActiveT.A. SYSTEMS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 65% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-8
Solvency86▼-12
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 3.22 in 2024; short-term debt: 39.3% and cash: 45.2% of total assets), and 39.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.7%
Return on assets
-6.5%
Age of the figures
18 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-11-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
2 d early
2023
5 d early
2022
3 d early
2021
4 d early
2020
5 d early
2019
27 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€68k▼ 9.6%
2024 · €75k
2019: €79k
2020: €75k
2021: €75k
2022: €75k
2023: €75k
2024: €75k
2019 → 2025
Total assets
€112k▲ 8.4%
2024 · €103k
2019: €97k
2020: €94k
2021: €102k
2022: €98k
2023: €103k
2024: €103k
2019 → 2025
Net result
€-7k
2024 · €40
2019: €-1k
2020: €-4k
2021: €-712
2022: €231
2023: €164
2024: €40
2019 → 2025
Working capital
€59k▼ 2.6%
2024 · €61k
2019: €51k
2020: €58k
2021: €60k
2022: €57k
2023: €60k
2024: €61k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€75k▲ 0.3%€75k▲ 0.2%€75k▲ 0.1%€68k▼ 9.6%
Operating result€706-€-432€2k€1k▼ 13.1%€-2k
Net result€-712-€231€164▼ 29.2%€40▼ 75.6%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€8k▼ 42.0%
Current assets
€103k▲ 16.6%
Equity and liabilities €112k
Equity
€68k▼ 9.6%
Debt
€44k▲ 56.9%
The debt ratio rises from 27.1% to 39.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €7k
Cash flow
€-1k▼
2024 · €6k
Solvency
60.7%▼
2024 · 72.9%
Current ratio
2.36▼
2024 · 3.22
Quick ratio
1.80▼
2024 · 2.33
Debt / equity
0.65▲
2024 · 0.37
ROE
-10.7%▼
2024 · 0.1%
ROA
-6.5%▼
2024 · 0.0%
Interest coverage
15.26▼
2024 · 38.49
Debt
€44k▲
2024 · €28k
Debt ≤ 1 year
€44k▲
2024 · €27k
Income taxes
€5k▲
2024 · €1k
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€103k€112k▲
Fixed assets21/28€14k€8k▼
Tangible fixed assets22/27€14k€8k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€10k€5k▼
Current assets29/58€88k€103k▲
Stocks and contracts in progress3€25k€25k=
Stocks30/36€25k€25k=
Amounts receivable within one year40/41€25k€28k▲
Trade receivables40€23k€23k▼
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€38k€50k▲
Deferred charges and accrued income490/1€736€718▼
Equity and liabilities
Total equity and liabilities10/49€103k€112k▲
Equity10/15€75k€68k▼
Contributions10/11€78k€78k=
Reserves13€8k€8k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-11k€-18k▼
Amounts payable17/49€28k€44k▲
Amounts payable after more than one year17€421-
Financial debts170/4€421-
Amounts payable within one year42/48€27k€44k▲
Current portion of amounts payable after more than one year42€3k€429▼
Trade debts44€7k€23k▲
Suppliers440/4€7k€23k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€1k€486▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€14k€17k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€8k€5k▼
Operating profit (loss)9901€1k€-2k▼
Financial income75/76B€34€175▲
Recurring financial income75€34€175▲
Financial charges65/66B€193€257▲
Recurring financial charges65€193€257▲
Profit (loss) for the period before taxes9903€1k€-2k▼
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€40€-7k▼
Profit (loss) for the period to be appropriated9905€40€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-18k▼
Profit (loss) brought forward from the previous period14P€-11k€-11k▲
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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
31-03
Financial
Weakest financial yearnet €-7k ▼18192%
Net result drops to €-7k, the lowest in the series.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €231
Net result €231 after 3 loss-making years.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Bree · 1 establishment unit since 2009
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.
Veestraat 153960 BreeGround area
466 m²
Building footprint
138 m²
Volume, LiDAR
713 m³
Parcel 72034B0510/00A006, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
T.A. SYSTEMS BVBA
since 20092.178.092.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72034B0510/00A006 | Flanders | 466 m² | 1 · 138 m² | 7.0 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.
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 1,042 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2009
Fiscal year end31-03
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.