Equity
€559,146 ▼ 4.0%
X 3 SYS paid out €58,500 in dividends. That is 167% of the 2025 profit.
X 3 SYS
Lifetime
20 annual accounts with figures on one time axispeak €298,555 (2023)
€105,428▼ 37.0%
lowest -€1,190 (2007)
€34,942▼ 62.5%
peak €582,704 (2024)
€559,146▼ 4.0%
€246,198▲ 515%
Board1 name since 2005
1 directorJACOBS Frank
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €167,412 to €105,428Result from €93,266 to €34,942Dividend €58,500Debts from €40,042 to €246,198Investments €246,211Cash from €166,922 to €336,478
Key points
from the 2025 annual accountsResult
€34,942 ▼ 62.5%
The result fell in 2025 from €93,266 to €34,942.
Debts
€246,198 ▲ 515%
Debts rose by €206,156 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€259,763 5.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 72.7% higher than in 2024.
Liquidity
4.79 was 18.28 in 2024
Short-term debts rose from €29,407 to €109,543.
Position in the sector
€559,146
More equity than 95% of companies in computer programming and consultancy. Sector median €69,062 · 21,212 companies.
2025 accounts filed 27 days after the deadline
Checked score
94
Excellent
Financially stronger than 55% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026highest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.79, cash €336,478
Size: total assets €805,345
Figures for financial year 2025 (filed on 27-08-2026)
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 62% of them on solvency, 89% on liquidity, 33% on profitability and 35% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 14,766 companies had the same profile as X 3 SYS has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of X 3 SYS itself: < 0.1% 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.
| 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 14,766 companies, not a prediction for X 3 SYS. 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 €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.79 (18.28 in 2024), above the usual 1.5. Short-term debt is 13.6% and cash 41.8% of total assets. 30.6% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
63 days early
2023
44 days early
2022
43 days early
2021
43 days early
2020
37 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 18 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0876883958
Registered office moved to Nieuwerkerken
New registered office: Mierhoopweg 87, 3850 Nieuwerkerken · Change of role: JACOBS Frank, from manager to director · JACOBS Frank holds all the shares · General meeting of 20-11-2019 · Gazette deed
First establishment
X3 SYS, Mierhoopweg 87, Nieuwerkerken (Limb.)
Incorporation
published on 03-11-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| X 3 SYS Nieuwerkerken (Limb.) | €805,345 | €105,428 | 69.4% | - |
| GECA CONSULTING Nieuwerkerken (Limb.) | €784,516 | €97,744 | 96.2% | - |
| INNOVATO Sint-Truiden | €807,625 | €111,171 | 28.3% | - |
| CONCRED Hasselt | €846,460 | €102,195 | 38.3% | - |
| ENCO Beringen | €819,484 | €110,629 | 58.9% | - |
| OPENSYS Tremelo | €810,549 | €110,457 | 99.4% | - |
| QUADRO CONSULTING Wevelgem | €806,440 | €112,945 | 87.4% | - |
These companies have the same main activity as X 3 SYS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €785,000 and €846,000, founded between 2004 and 2006.
Official details
Source: KBO- Status
- Active since 24-10-2005Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.150.604.8163850 Nieuwerkerken (Limb.), since 22-12-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 28-07-2025
Insights on X 3 SYS
X 3 SYS files the micro format. That format states no turnover. The gross margin rose from €61,366 in 2006 to €105,428 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about X 3 SYS
- What is the company number of X 3 SYS?
- The company number of X 3 SYS is 0876.883.958. The VAT number is the same number with BE in front: BE 0876.883.958.
- Where is X 3 SYS based?
- The registered office is at Mierhoopweg 87, 3850 Nieuwerkerken (Limb.).Company details
- What does X 3 SYS do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of X 3 SYS?
- X 3 SYS is a private limited company (BV).
- When was X 3 SYS founded?
- X 3 SYS was founded on 24-10-2005.
- Is X 3 SYS still active?
- Yes, X 3 SYS is an active enterprise in the KBO register.
- What is the turnover of X 3 SYS?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €105,428 and 42 comparable companies (NACE 62200). It probably lies between €150,000 and €200,000.Financials
- Is X 3 SYS profitable?
- In financial year 2025, X 3 SYS made a profit of €34,942.
- Where can I find the annual accounts of X 3 SYS?
- X 3 SYS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of X 3 SYS due?
- X 3 SYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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