VX SYSTEMS
ActiveVX SYSTEMS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245k and a net result of €8k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 38% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▲+16
Solvency41▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.02 in 2024), and 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
32.9%
Return on assets
1.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
36 d early
2023
41 d early
2022
39 d early
2021
18 d early
2020
43 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€245k▲ 3.6%
2024 · €237k
2018: €222k
2019: €224k
2020: €236k
2021: €240k
2022: €241k
2023: €236k
2024: €237k
2018 → 2025
Total assets
€746k▼ 1.7%
2024 · €759k
2018: €711k
2019: €672k
2020: €654k
2021: €618k
2022: €585k
2023: €685k
2024: €759k
2018 → 2025
Net result
€8k▲ 1,351%
2024 · €584
2018: €1k
2019: €2k
2020: €11k
2021: €5k
2022: €455
2023: €-5k
2024: €584
2018 → 2025
Working capital
€-416k▲ 2.4%
2024 · €-426k
2018: €-394k
2019: €-416k
2020: €-395k
2021: €-356k
2022: €-316k
2023: €-329k
2024: €-426k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€240k-€241k▲ 0.2%€236k▼ 1.9%€237k▲ 0.2%€245k▲ 3.6%
Operating result€17k-€10k▼ 43.7%€5k▼ 43.6%€7k▲ 21.8%€14k▲ 103%
Net result€5k-€455▼ 90.6%€-5k€584€8k▲ 1,351%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 103% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €746k
Fixed assets
€721k▼ 4.0%
Current assets
€25k▲ 217%
Equity and liabilities €746k
Equity
€245k▲ 3.6%
Debt
€501k▼ 4.1%
The debt ratio falls from 68.8% to 67.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€44k▼
2024 · €44k
Cash flow
€39k▲
2024 · €38k
Solvency
32.9%▲
2024 · 31.2%
Current ratio
0.06▲
2024 · 0.02
Quick ratio
0.06▲
2024 · 0.02
Debt / equity
2.04▼
2024 · 2.21
ROE
3.5%▲
2024 · 0.2%
ROA
1.1%▲
2024 · 0.1%
Interest coverage
8.56▲
2024 · 7.21
Debt
€501k▼
2024 · €522k
Debt ≤ 1 year
€441k▲
2024 · €434k
Debt > 1 year
€60k▼
2024 · €88k
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€759k€746k▼
Fixed assets21/28€751k€721k▼
Tangible fixed assets22/27€379k€349k▼
Land and buildings22€379k€349k▼
Financial fixed assets28€372k€372k=
Current assets29/58€8k€25k▲
Amounts receivable within one year40/41€6k€20k▲
Trade receivables40€3k€17k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€754€4k▲
Deferred charges and accrued income490/1€1k€246▼
Equity and liabilities
Total equity and liabilities10/49€759k€746k▼
Equity10/15€237k€245k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€136k€137k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€126k€127k▲
Profit (loss) carried forward14€1k€8k▲
Amounts payable17/49€522k€501k▼
Amounts payable after more than one year17€88k€60k▼
Financial debts170/4€87k€59k▼
Other amounts payable178/9€793€793=
Amounts payable within one year42/48€434k€441k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€46k€24k▼
Suppliers440/4€46k€24k▼
Taxes, remuneration and social security45€3k€319▼
Taxes450/3€3k€319▼
Remuneration and social security454/9€0-
Other amounts payable47/48€358k€388k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€30k▼
Other operating charges640/8€17k€18k▲
Gross operating margin9900€61k€61k▲
Operating profit (loss)9901€7k€14k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€584€8k▲
Profit (loss) for the period9904€584€8k▲
Profit (loss) for the period to be appropriated9905€584€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€10k▲
Profit (loss) brought forward from the previous period14P€637€1k▲
Transfer to equity691/2-€1k
To other reserves6921-€1k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 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
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €584
Net result €584 after one loss-making year.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-5k ▼1129%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €11k ▲471%
Net result €11k, the highest in the series.
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-03
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
4 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, Overijse · 1 establishment unit since 1988
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.
Brusselsesteenweg 2733090 OverijseGround area
5,828 m²
Building footprint
1,614 m²
Volume, LiDAR
9,584 m³
Parcel 23062B0224/00B002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 273, 3090 Overijse
since 19882.038.899.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0224/00B002 | Flanders | 5,828 m² | 1 · 1,614 m² | 10.0 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.
Similar companies · same sector, comparable size
ALBERS N & P
BE 0461.433.552
Tielt · Eq €239k
LRMS
BE 0774.399.302
Lint · Eq €253k
EIERHANDEL HOLEMANS
BE 0861.084.836
Herselt · Eq €234k
ETS BEAUJEAN
BE 0434.038.772
Herstal · Eq €259k
ZUIVELFABRIEK H.H. HARLINDIS EN RELINDIS
BE 0401.330.570
Kinrooi · Eq €261k
Of 391 companies in sector 46331 we hold annual accounts for 228. 154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-06-1988
Fiscal year end30-09
Activities, NACEBEL
46331Wholesale trade
51331
46349Wholesale of beverages, general range
46350Wholesale trade
47252Retail sale of beverages, general range
51340
52250Logistics services
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.