Financials
- Fiscal year
- 2025
- Total assets
- €585,935
- Loss
- -€4,805
- Solvency
- 6.3%
Total assets▲ 0.6%
Net result
20192025
XSYSYS
ActiveSummary
XSYSYS has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,874 and a net result of -€4,805. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 13507 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Wholesale of information and communication equipment
NACE 46500NACE 46660NACE 51850
1 site
Size
€585,935total assets 2025
- Equity
- €36,874
- Loss
- -€4,805
Turnover not published (abridged schema)
Structure
- Holdings
- 1
Accounts 35 d early0 of 5 deeds read
Why 80- Liquidity: current ratio 4.11, cash €13,175- Equity €36,874 (6.3% of total assets)- Figures for FY 2025 (filed 30-09-2025)+ Size: total assets €585,935Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Better than 29% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
31-1
equity 6.3% of total assets
Liquidity
44-5
short-term debt 24.3% · cash 2.2%
Profitability
35+4
return on assets -0.8%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.3%● 0.0% vs 12-2024
02-2025: 0.3%● 0.0% vs 01-2025
03-2025: 0.3%● 0.0% vs 02-2025
04-2025: 0.3%● 0.0% vs 03-2025
05-2025: 0.3%▲ +1.9% vs 04-2025
06-2025: 0.3%▼ -3.0% vs 05-2025
07-2025: 0.3%▲ +4.6% vs 06-2025
08-2025: 0.3%▲ +14.3% vs 07-2025
09-2025: 0.3%▼ -4.8% vs 08-2025
10-2025: 0.2%▼ -29.6% vs 09-2025lowest value
11-2025: 0.2%● 0.0% vs 10-2025lowest value
12-2025: 0.2%● 0.0% vs 11-2025lowest value
01-2026: 0.2%● 0.0% vs 12-2025lowest value
02-2026: 0.2%● 0.0% vs 01-2026lowest value
03-2026: 0.2%● 0.0% vs 02-2026lowest value
04-2026: 0.2%● 0.0% vs 03-2026lowest value
05-2026: 0.2%▲ +1.9% vs 04-2026
06-2026: 0.2%● 0.0% vs 05-2026
07-2026: 0.2%▲ +4.7% vs 06-2026
08-2026: 0.3%▲ +14.3% vs 07-2026
09-2026: 0.3%▲ +0.8% vs 08-2026
10-2026: 0.5%▲ +82.1% vs 09-2026highest value
- Size: total assets €585,935 lowers the probability for this profile
- Liquidity: current ratio 4.11, cash €13,175 raises the probability
- Equity €36,874 (6.3% of total assets) raises the probability
- Figures for FY 2025 (filed 30-09-2025) raises the probability
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 4.11 against 6.26 in 2024; short-term debt: 24.3% and cash: 2.2% of total assets), but 93.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 20%, liquidity 42%, profitability 29%, growth against the median 25%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€4,805
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13507 sector peers (2025).
NBB · sector comparisonPosition among 13507 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
9 d early
2023
1 d early
2022
on the day
2021
2 d early
2020
8 d early
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close06-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€15,401
Key points
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 12
- Since
- 2016
- Next accounts
- by 31-10-2026
- 26-09-2025Annual accounts filed
- 22-10-2024Annual accounts filed
- 31-03-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of information and communication equipmentNACE 46500
- Founded
- 15-12-1976
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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