VIRSYS
ActiveVIRSYS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €45k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 2591 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 5.18 against 5.15 in 2024), and 19.7% 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○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
Sector 62
lower
← 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
80.3%
Return on assets
27.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 02-06-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
33 d early
2023
55 d early
2022
14 d early
2021
30 d early
2020
1 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
05-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€131k▲ 27.5%
2024 · €103k
2023: €68k
2024: €103k
2023 → 2025
Total assets
€163k▲ 30.5%
2024 · €125k
2023: €110k
2024: €125k
2023 → 2025
Net result
€45k▼ 9.3%
2024 · €50k
2023: €60k
2024: €50k
2023 → 2025
Working capital
€132k▲ 45.0%
2024 · €91k
2023: €56k
2024: €91k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€68k-€103k▲ 51.1%€131k▲ 27.5%
Operating result€78k-€66k▼ 15.1%€65k▼ 1.6%
Net result€60k-€50k▼ 16.5%€45k▼ 9.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€26▼ 99.8%
Current assets
€163k▲ 44.8%
Equity and liabilities €163k
Equity
€131k▲ 27.5%
Debt
€32k▲ 44.3%
The debt ratio rises from 17.8% to 19.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€65k▼
2024 · €66k
Cash flow
€46k▼
2024 · €50k
Solvency
80.3%▼
2024 · 82.2%
Current ratio
5.18▲
2024 · 5.15
Quick ratio
5.18▲
2024 · 5.15
Debt / equity
0.25▲
2024 · 0.22
ROE
34.5%▼
2024 · 48.4%
ROA
27.7%▼
2024 · 39.8%
Interest coverage
44.34▼
2024 · 53.92
Debt
€32k▲
2024 · €22k
Debt ≤ 1 year
€32k▲
2024 · €22k
Income taxes
€12k▼
2024 · €15k
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
Total assets
20/58€125k€163k▲
Fixed assets
21/28€12k€26▼
Tangible fixed assets
22/27€517€0▼
Financial fixed assets
28€12k€26▼
Current assets
29/58€113k€163k▲
Amounts receivable within one year
40/41€30k€27k▼
Cash & bank
54/58€80k€134k▲
Total equity & liabilities
10/49€125k€163k▲
Equity
10/15€103k€131k▲
Contributions / capital
10/11€6k€6k=
Reserves
13€97k€125k▲
Accumulated profits (losses)
14€0€0=
Amounts payable
17/49€22k€32k▲
Amounts payable within one year
42/48€22k€32k▲
Trade debts payable within one year
44€2k€2k▲
Income statement
Code20242025
Gross operating margin
9900€67k€66k▼
Operating result
9901€66k€65k▼
Financial income
75€0-
Financial charges
65€1k€1k▲
Result before taxes
9903€65k€57k▼
Income taxes
67/77€15k€12k▼
Net result for the period
9904€50k€45k▼
Result to be appropriated
9905€50k€45k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-11
Financial
Weakest financial yearnet €45k ▼9.3%
Net result drops to €45k, the lowest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-11
Financial
Liquidity doublescurrent ratio 5.15
Current ratio from 2.37 to 5.15; short-term debt falls from €41k to €22k.
30-11
Financial
Equity above €100kEq €103k ▲51.1%
2 profitable years in a row build equity to €103k.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
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 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
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
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FOX-SOLUTIONS
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STRICKS
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Of 29,956 companies in sector 62200 we hold annual accounts for 18,057. 15,217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2001
Fiscal year end30-11
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 26-07-2026. Scores and ratios are computed by Checked and are not a credit decision.