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TOUCH SYSTEMS

Active Private limited companyfounded 2020active for 5 yearsH. Consciencelaan 43, 9950 LievegemKBO/BCE: BE 0759.841.877

Overview

Lifetime

5 annual accounts with figures on one time axis
Gross marginpeak €441,017 (2025)
€441,017▲ 88.1%
Resultlowest -€47,187 (2022)
€33,551▲ 12×
Equitypeak €107,570 (2025)
€107,570▲ 45.3%
Debts
€226,804▼ 11.6%
Staffpeak 5.1 FTE (2025)
5.1 FTE▲ 64.5%
Board4 names since 2020
3 directorsBockaert Ken and 2 others
Owners
  
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €234,418 to €441,017Result from €2,758 to €33,551Staff from 3.1 FTE to 5.1 FTEEquity from €74,020 to €107,570

Key points

from the 2025 annual accounts

Turnover

≈ €2.2m estimated

The abbreviated format states no turnover.

Staff

6 employees on 31-12-2025
402021012022212024312025

In 2025, 3 people joined and 1 left.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 0 to 15 days before the end of the period.

Checked score

72
Healthy
Financially stronger than 70% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.3 percentage points vs 03-2025 05-2025: 1.6%▲ +0.3 percentage points vs 04-2025 06-2025: 1.8%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 1.7%▼ -0.1 percentage points vs 06-2025 08-2025: 1.1%▼ -0.6 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.5%▲ +0.4 percentage points vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 0.6%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026

Financial strength
Strong

Solvency
57+10equity 32.2% of total assets
Liquidity
73-8short-term debt 41.7% · cash 34.6%
Profitability
81+11return on assets 10.0%

Score breakdown

raises risk
Size: 5.1 FTE, total assets €334,374
Founded in 2020
lowers risk
Liquidity: current ratio 1.87, cash €115,561
Figures for financial year 2025 (filed on 16-07-2026)
Calculation

The band follows from the bankruptcy probability. 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, micro). It does better than 42% of them on solvency, 78% on liquidity, 74% on profitability and 87% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as TOUCH SYSTEMS has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TOUCH SYSTEMS itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for TOUCH SYSTEMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.87 (1.93 in 2024), above the usual 1.5. Short-term debt is 41.7% and cash 34.6% of total assets. However, 67.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.87, cash €115,561
NBB · annual accounts
raises risk · Size: 5.1 FTE, total assets €334,374
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
15 days early
2024
9 days early
2023
7 days early
2022
on the day
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 7 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BK
Bockaert Ken
Director, since 16-12-2020
TI
TSys Invest BV
Director, since 16-12-2020
VD
Van de Velde Laurens
Director, since 16-12-2020
  • TSys Invest 1%score 89equity €163,638 (2025) · 2022 annual accounts of TSys Invest
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0759841877
Registered office moved from Lievegem to Waarschoot New registered office: Hendrik Consciencelaan 43 bus C, 9950 Waarschoot · Previous registered office: Centrumstraat 10 bus 1, 9920 Lievegem · General meeting of 28-05-2024 · Gazette deed
Incorporation published on 18-12-2020 · Gazette deed
First establishment Brugse Steenweg 7, Evergem
All 12 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
TOUCH SYSTEMS Lievegem €334,374 €441,017 32.2% 5.1
BURO PARTNER Libramont-Chevigny €562,864 €340,936 48.1% 6
TTI Belgium Ghent €260,553 €285,950 85.2% 3.1
Dalux Belgium Brussels €440,723 €690,555 11.5% 5.3
Checkpoint Systems Belgium Mechelen €635,501 €670,055 46.6% 4
Im Press Kortrijk €676,382 €478,186 3.9% 7
4 Telecom Center Antwerp €620,597 €304,315 80.7% 5.3

These companies have the same main activity as TOUCH SYSTEMS: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €261,000 and €676,000, founded between 2018 and 2022.

Official details

Source: KBO
Status
Active since 16-12-2020Normal situation
Activity
Wholesale of information and communication equipmentNACE 46500and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.312.026.6729940 Evergem, since 16-12-2020
Financial year end
31 December
Peppol
Reachable since 02-04-2025
Company details

Annual accounts 2025

Gross margin
€441,017▲ 88.1%
Profit
€33,551▲ 12×
Equity
€107,570▲ 45.3%
Total assets
€334,374▲ 1.2%
Employeeson 31-12-2025
6▲ 50.0%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on TOUCH SYSTEMS

TOUCH SYSTEMS files the abbreviated format. That format states no turnover. The gross margin rose from €258,479 in 2021 to €441,017 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 16-07-2026, 15 days before the deadline
Gross margin
€441,017
▲ 88.1%
Operating result
€59,379
▲ 427%
Profit
€33,551
▲ 12×
Working capital
€120,773
▼ 4.1%
Solvency
32.2%
▲ 9.8 percentage points
Current ratio
1.87
▼ 0.06

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.2m. Estimated: probably between €1.4m and €3.8m.

Balance sheet

balance sheet total €334,374 on 31-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency32.2%

Higher than 39% of 9,886 companies in 2025.

Current ratio1.87

Higher than 54% of 9,650 companies in 2025.

Return on assets10.0%

Higher than 74% of 9,765 companies in 2025.

TOUCH SYSTEMS Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half

Staff

Staff cost per FTE€67,756

Staff costs divided by the average number of full-time equivalents.

Joined and left+2

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
Total assets20/58 334,374330,568237,635217,772265,742
Fixed assets21/28 74,29869,29444,63159,78881,893
Intangible fixed assets21 24,08415,31019,18430,04440,904
Tangible fixed assets22/27 43,91347,68425,44729,74440,989
Plant, machinery and equipment23 8,8084,3623,1891,225-
Furniture and vehicles24 25,99041,82122,25815,09323,087
Leasing and similar rights25 --013,42617,902
Other tangible fixed assets26 9,1151,501---
Financial fixed assets28 6,3006,300---
Current assets29/58 260,076261,275193,004157,984183,849
Stocks and contracts in progress3 36,43826,90926,66627,73534,896
Stocks30/36 36,43826,90926,66627,73534,896
Amounts receivable within one year40/41 98,76491,43452,09241,88140,222
Trade receivables40 88,37571,48051,30941,70840,222
Other amounts receivable41 10,38919,954783173-
Cash at bank and in hand54/58 115,561138,009107,24784,696104,345
Deferred charges and accrued income490/1 9,3134,9237,0003,6724,387
Balance sheet: equity and liabilities
Total equity and liabilities10/49 334,374330,568237,635217,772265,742
Equity10/15 107,57074,02071,26116,07163,258
Contributions10/11 40,00040,00040,00040,00040,000
Reserves13 67,57034,02031,26123,25823,258
Distributable reserves133 67,57034,02031,26123,25823,258
Profit (loss) carried forward14 --0-47,187-
Amounts payable17/49 226,804256,548166,373201,701202,484
Amounts payable after more than one year17 1,1497,93619,31338,54468,697
Financial debts170/4 1,1497,93619,31338,54468,697
Amounts payable within one year42/48 139,303135,389147,060163,157133,786
Current portion of amounts payable after more than one year42 22,86721,17022,82530,15334,792
Financial debts43 7831,6424692,0301,247
Credit institutions430/8 7831,6424692,0301,247
Trade debts44 15,83652,66758,58867,43624,588
Suppliers440/4 15,83652,66758,58867,43624,588
Taxes, remuneration and social security45 99,61759,51465,00556,82466,878
Taxes450/3 29,27724,92529,25721,07728,884
Remuneration and social security454/9 70,33934,58935,74835,74837,994
Other amounts payable47/48 2003961746,7136,282
Accrued charges and deferred income492/3 86,351113,223---
Income statement
Gross operating margin9900 441,017234,418291,589220,412258,479
Remuneration, social security and pensions62 345,554192,696189,021234,972187,290
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 33,56026,98124,54823,50221,855
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 366-1243412,1851,200
Other operating charges640/8 1,9623,6074,8824,6427,581
Non-recurring operating charges66A 196----
Operating profit (loss)9901 59,37911,25972,797-44,88940,552
Financial income75/76B 203140163495
Recurring financial income75 203140163495
Financial charges65/66B 2,5583,3652,4032,3592,972
Recurring financial charges65 2,5583,3652,4032,3592,972
Profit (loss) for the period before taxes9903 57,0248,03470,558-47,19837,584
Income taxes67/77 23,4735,27615,368-1114,326
Profit (loss) for the period9904 33,5512,75855,190-47,18723,258
Profit (loss) for the period to be appropriated9905 33,5512,75855,190-47,18723,258
Appropriation of the result
Profit (loss) to be appropriated9906 33,5512,7588,003-47,18723,258
Profit (loss) brought forward from the previous period14P -0-47,187--
Transfer to equity691/2 33,5512,7588,003023,258
To other reserves6921 33,5512,7588,003023,258
Social balance sheet
Average staff (FTE)9087 5.13.133.83.3
Hours worked1013 8,8865,2965,0136,5645,868
Document PDFPDFPDFPDFPDF

The notes to these accounts have 22 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 16-07-2026 2026-00302852 PDF
31-12-2024 abbreviated format 22-07-2025 2025-00292528 PDF
31-12-2023 abbreviated format 24-07-2024 2024-00305866 PDF
31-12-2022 abbreviated format 31-07-2023 2023-00307509 PDF
31-12-2021 abbreviated format 29-07-2022 2022-20262692 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €2,358 awarded, €2,358 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
EBITDA 92,93938,23997,345-21,38762,407
Cash flow 67,11129,73979,739-23,68545,113
Investment in fixed assets 38,56551,6439,3911,398118,748
Change in cash -22,44830,76322,551-19,649-
Working capital 120,773125,88645,943-5,17350,063
Solvency 32.2%22.4%30.0%7.4%23.8%
Current ratio 1.871.931.310.971.37
Quick ratio 1.611.731.130.801.11
Debt to equity 2.113.472.3312.553.20
ROE 31.2%3.7%77.4%-293.6%36.8%
ROA 10.0%0.8%23.2%-21.7%8.8%
Interest coverage 36.3311.3640.52-9.0721.00

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date64334
full-time63334
part-time01000
in full-time equivalents63.6334
Average over the year, in full-time equivalents5.13.133.83.3
On a permanent contract63334
Joined32-04
Left11-10

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€24,016€29,106€35,971€57,469€87,397

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€15,628€38,653€9,391€1,398€68,168
Intangible fixed assets€22,936€6,690--€50,580
Financial fixed assets€0€6,300---
Depreciation and write-downs of the year€33,560€26,981€24,548€23,502€21,855

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TOUCH SYSTEMS

The operating result for 2025 is 5.3 times that of 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 77.6% to 67.8%. Equity is higher and debt is lower.

Board & ownership

Board

3 directors, last change in 2024
Bockaert Ken
Director
since 16-12-2020
listed in the 2025 annual accounts, filed on 16-07-2026
TSys Invest BV
Director
since 16-12-2020
listed in the 2025 annual accounts, filed on 16-07-2026
Van de Velde Laurens
Director
since 16-12-2020
listed in the 2025 annual accounts, filed on 16-07-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Bockaert Ken
Director
TSys Invest BV
Director
Van de Velde Laurens
Director
Wouter Van de Velde
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Bockaert Ken
    • Director, from 16-12-2020 to date
  • TSys Invest BV
    • Director, from 16-12-2020 to date
  • Van de Velde Laurens
    • Director, from 16-12-2020 to date
  • Wouter Van de Velde
    • Director, from before 08-07-2024, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shareholder
Equity €163,638
Profit €15,190 in 2025 (profit €10,430 in 2024)
Checked score 89
1%
This company
TOUCH SYSTEMS
Equity €107,570
Profit €33,551 in 2025

Capital

Contribution
€40,000
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

No group

TOUCH SYSTEMS has no parent and no holdings in its annual accounts.

Connections & network

3 current directors
Depth

The network starts from the directors of TOUCH SYSTEMS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

12 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 15 days before the deadline
2025
Equity above €100,000 equity €107,570 ▲45.3% After 3 profitable years in a row, equity reaches €107,570.
Annual accounts 2024 filed PDFabbreviated format · 9 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0759841877
2024
Annual accounts 2023 filed PDFabbreviated format · 7 days before the deadline
Registered office moved from Lievegem to WaarschootNew registered office: Hendrik Consciencelaan 43 bus C, 9950 Waarschoot · Previous registered office: Centrumstraat 10 bus 1, 9920 Lievegem · General meeting of 28-05-20242 points ▸
  • General meeting, 28-05-2024
  • Registered-office move, Hendrik Consciencelaan 43 bus C, 9950 Waarschoot

Open the deed in the Belgian Official Gazette

2023
Back to profit net €55,190 The net result is €55,190, after one loss-making year.
Annual accounts 2022 filed PDFabbreviated format · on the deadline day
2022
Weakest financial year net -€47,187 The net result drops to -€47,187, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFabbreviated format · 2 days before the deadline
2020
Incorporation PDFpublished on 18-12-2020
First establishment Brugse Steenweg 7, Evergem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 December 2020, TOUCH SYSTEMS was incorporated as a private limited company.1 In 2024 the registered office moved to Waarschoot.2 Total assets went from €265,742 in 2021 to €334,374 in 2025 and headcount from 3.3 to 5.1 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-07-2024
  3. 3National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0759.841.877
VAT number
BE 0759.841.877
Peppol ID
0208:0759841877
Other Peppol ID
9925:BE0759841877
Legal form
Private limited company
Status
Active, normal situation
Founded
16-12-2020
Financial year
ends on 31 December
Peppol
Reachable since 02-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TOUCH SYSTEMS in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
46500 Wholesale of information and communication equipment main activity
47400 Retail sale of information and communication equipment
Social security (RSZ) activities
62100 Computer programming main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
46510 Wholesale trade main activity
47410 Retail trade
Social security (RSZ) activities
62010 Computer programming, consultancy and related activities main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
H. Consciencelaan 43 registered office 9950 Lievegem
Brugse Steenweg 7 9940 Evergem 62900 Other information technology and computer services 16-12-2020 2.312.026.672
1 former office
  • Centrumstraat 10 bus 1, 9920 Lievegem until 01-07-2024 · deed of 08-07-2024

Buildings and parcels at the addresses

Ground area
108 m²

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44302E1468/00P002108 m² - -