UK - SYSTEMS
ActiveSummary
UK - SYSTEMS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €11k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-16
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 6.47 against 6.11 in 2024; short-term debt: 13.4% and cash: 54.8% of total assets), and 13.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
86.6%
Return on assets
12.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €79k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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
40 d late
2024
7 d early
2023
20 d early
2022
4 d early
2021
25 d late
2020
24 d late
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€79k▲ 16.9%
2024 · €67k
2018: €120khighest in 8 years
2019: €46k▼ -61.5% vs 2018
2020: €75k▲ +63.4% vs 2019
2021: €81k▲ +7.1% vs 2020
2022: €71k▼ -12.4% vs 2021
2023: €44k▼ -37.5% vs 2022lowest in 8 years
2024: €67k▲ +52.2% vs 2023
2025: €79k▲ +16.9% vs 2024
2018 → 2025
Total assets
€91k▲ 14.2%
2024 · €79k
2018: €154khighest in 8 years
2019: €97k▼ -37.1% vs 2018
2020: €124k▲ +28.7% vs 2019
2021: €139k▲ +11.6% vs 2020
2022: €108k▼ -22.2% vs 2021
2023: €65k▼ -39.5% vs 2022lowest in 8 years
2024: €79k▲ +21.5% vs 2023
2025: €91k▲ +14.2% vs 2024
2018 → 2025
Net result
€11k▼ 50.6%
2024 · €23k
2018: €7k
2019: €-74k▼ -1188% vs 2018lowest in 8 years
2020: €40k▲ +154% vs 2019highest in 8 years
2021: €21k▼ -46.7% vs 2020
2022: €-10k▼ -147% vs 2021
2023: €-27k▼ -164% vs 2022
2024: €23k▲ +187% vs 2023
2025: €11k▼ -50.6% vs 2024
2018 → 2025
Working capital
€67k▲ 6.0%
2024 · €63k
2018: €109khighest in 8 years
2019: €38k▼ -65.0% vs 2018
2020: €68k▲ +79.3% vs 2019
2021: €69k▲ +0.7% vs 2020
2022: €52k▼ -23.7% vs 2021
2023: €35k▼ -33.7% vs 2022lowest in 8 years
2024: €63k▲ +81.1% vs 2023
2025: €67k▲ +6.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€71k▼ 12.4%€44k▼ 37.5%€67k▲ 52.2%€79k▲ 16.9%
2021: €81khighest in 5 years
2022: €71k▼ -12.4% vs 2021
2023: €44k▼ -37.5% vs 2022lowest in 5 years
2024: €67k▲ +52.2% vs 2023
2025: €79k▲ +16.9% vs 2024
Operating result€26k-€-9k€-26k▼ 194%€27k€16k▼ 40.7%
2021: €26k
2022: €-9k▼ -134% vs 2021
2023: €-26k▼ -194% vs 2022lowest in 5 years
2024: €27k▲ +205% vs 2023highest in 5 years
2025: €16k▼ -40.7% vs 2024
Net result€21k-€-10k€-27k▼ 164%€23k€11k▼ 50.6%
2021: €21k
2022: €-10k▼ -147% vs 2021
2023: €-27k▼ -164% vs 2022lowest in 5 years
2024: €23k▲ +187% vs 2023highest in 5 years
2025: €11k▼ -50.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€12k ▲ 177%
Current assets
€79k ▲ 4.9%
Equity and liabilities €91k
Equity
€79k ▲ 16.9%
Debt
€12k ▼ 0.9%
Debt's share of the balance-sheet total falls from 15.5% to 13.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €32k
Cash flow
€14k▼
2024 · €28k
Current ratio
6.47▲
2024 · 6.11
Debt to equity
0.16▼
2024 · 0.18
ROE
14.5%▼
2024 · 34.3%
ROA
12.5%▼
2024 · 29.0%
Interest coverage
54.83▼
2024 · 77.23
Debt ≤ 1 year
€12k▼
2024 · €12k
Income taxes
€5k▲
2024 · €4k
Staff costs
€13▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€79k€91k▲
Fixed assets21/28€4k€12k▲
Tangible fixed assets22/27€4k€11k▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€0-
Other tangible fixed assets26-€6k
Financial fixed assets28€500€500=
Current assets29/58€75k€79k▲
Amounts receivable within one year40/41€23k€24k▲
Trade receivables40€9k€11k▲
Other amounts receivable41€13k€14k▲
Cash at bank and in hand54/58€47k€50k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€79k€91k▲
Equity10/15€67k€79k▲
Contributions10/11€6k€6k=
Reserves13€75k€75k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€-14k€-2k▲
Amounts payable17/49€12k€12k▼
Amounts payable within one year42/48€12k€12k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Advances received on contracts in progress46€30€0▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Income statement
Code20242025
Non-recurring operating income76A-€79
Remuneration, social security and pensions62€4k€13▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A-€69
Gross operating margin9900€38k€20k▼
Operating profit (loss)9901€27k€16k▼
Financial income75/76B€151€613▲
Recurring financial income75€151€613▲
Financial charges65/66B€415€339▼
Recurring financial charges65€415€339▼
Profit (loss) for the period before taxes9903€27k€16k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€23k€11k▼
Profit (loss) for the period to be appropriated9905€23k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-2k▲
Profit (loss) brought forward from the previous period14P€-37k€-14k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €79 | - |
| Remuneration, social security and pensions62 | €17k | €25k | €669 | €4k | €13 | ▼ 99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €12k | €15k | €5k | €3k | ▼ 48.0% |
| Other operating charges640/8 | €1k | €1k | €980 | €1k | €1k | ▼ 26.4% |
| Non-recurring operating charges66A | - | - | - | - | €69 | - |
| Gross operating margin9900 | €53k | €29k | €-9k | €38k | €20k | ▼ 47.8% |
| Operating profit (loss)9901 | €26k | €-9k | €-26k | €27k | €16k | ▼ 40.7% |
| Financial income75/76B | - | €52 | €4 | €151 | €613 | ▲ 305% |
| Recurring financial income75 | - | €52 | €4 | €151 | €613 | ▲ 305% |
| Financial charges65/66B | €622 | €816 | €283 | €415 | €339 | ▼ 18.2% |
| Recurring financial charges65 | €622 | €816 | €283 | €415 | €339 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €25k | €-10k | €-26k | €27k | €16k | ▼ 39.1% |
| Income taxes67/77 | €4k | €509 | €512 | €4k | €5k | ▲ 34.5% |
| Profit (loss) for the period9904 | €21k | €-10k | €-27k | €23k | €11k | ▼ 50.6% |
| Profit (loss) for the period to be appropriated9905 | €21k | €-10k | €-27k | €23k | €11k | ▼ 50.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €139k | €108k | €65k | €79k | €91k | ▲ 14.2% |
| Fixed assets21/28 | €23k | €22k | €9k | €4k | €12k | ▲ 177% |
| Tangible fixed assets22/27 | €22k | €21k | €9k | €4k | €11k | ▲ 200% |
| Plant, machinery and equipment23 | €6k | €5k | €6k | €4k | €5k | ▲ 44.4% |
| Furniture and vehicles24 | €0 | €9k | €3k | €0 | - | - |
| Leasing and similar rights25 | €16k | €8k | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €6k | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €116k | €86k | €56k | €75k | €79k | ▲ 4.9% |
| Amounts receivable within one year40/41 | €52k | €44k | €43k | €23k | €24k | ▲ 6.9% |
| Trade receivables40 | €52k | €34k | €37k | €9k | €11k | ▲ 12.4% |
| Other amounts receivable41 | €223 | €10k | €7k | €13k | €14k | ▲ 3.0% |
| Cash at bank and in hand54/58 | €59k | €38k | €13k | €47k | €50k | ▲ 6.6% |
| Deferred charges and accrued income490/1 | €5k | €4k | €0 | €6k | €5k | ▼ 16.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €139k | €108k | €65k | €79k | €91k | ▲ 14.2% |
| Equity10/15 | €81k | €71k | €44k | €67k | €79k | ▲ 16.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €75k | €75k | €75k | €75k | €75k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €73k | €73k | €73k | €75k | €75k | = |
| Profit (loss) carried forward14 | €0 | €-10k | €-37k | €-14k | €-2k | ▲ 84.1% |
| Amounts payable17/49 | €58k | €37k | €21k | €12k | €12k | ▼ 0.9% |
| Amounts payable after more than one year17 | €11k | €4k | €0 | - | - | - |
| Financial debts170/4 | €11k | €4k | €0 | - | - | - |
| Amounts payable within one year42/48 | €48k | €34k | €21k | €12k | €12k | ▼ 0.9% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | €4k | €0 | - | - |
| Trade debts44 | €3k | €5k | €11k | €7k | €8k | ▲ 17.1% |
| Suppliers440/4 | €3k | €5k | €11k | €7k | €8k | ▲ 17.1% |
| Advances received on contracts in progress46 | - | €30 | €30 | €30 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €13k | €9k | €7k | €5k | €4k | ▼ 22.9% |
| Taxes450/3 | €13k | €3k | €7k | €5k | €4k | ▼ 22.9% |
| Remuneration and social security454/9 | €610 | €6k | €0 | - | - | - |
| Other amounts payable47/48 | €24k | €12k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €-10k | €-27k | €23k | €11k | ▼ 50.6% |
| + Depreciation and write-downs630 | €10k | €12k | €15k | €5k | €3k | ▼ 48.0% |
| Operating cash flow (approximation) | €31k | €2k | €-11k | €28k | €14k | ▼ 50.1% |
| Investment in fixed assets (approximation) | - | €-11k | €-3k | €0 | €-10k | - |
| Change in cash | - | €-22k | €-25k | €34k | €3k | ▼ 90.9% |
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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 6.11
Current ratio from 2.63 to 6.11; short-term debt falls from €21k to €12k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
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.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Bilzen-Hoeselt · 1 establishment unit since 1999
Ground area
693 m²
Building footprint
198 m²
Volume, LiDAR
1,247 m³
Parcel 73006G0959/00C002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Spurkerweg 25A, 3740 Bilzen-Hoeselt
since 19992.091.618.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006G0959/00C002 | Flanders | 693 m² | 1 · 198 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,457 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
Founded28-05-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.