MAINSYS FINANCIAL SOFTWARE
ActiveSummary
MAINSYS FINANCIAL SOFTWARE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.85M and a net result of €-200k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+11
Solvency72=
Growth69=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.17 in 2024; short-term debt: 44.9% and cash: 1.4% of total assets), and 52.5% of the assets are financed with debt.
Credit check 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 · 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
47.5%
Return on assets
-2%
Age of the figures
9 mo
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 €-200k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
88 d early
2024
94 d early
2023
79 d early
2022
83 d early
2021
87 d early
2020
61 d early
2019
65 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, full schema
Turnover
€15.03M▲ 8.4%
2024 · €13.87M
2019: €10.62M
2020: €10.42M▼ -1.9% vs 2019
2021: €10.24M▼ -1.7% vs 2020lowest in 7 years
2022: €11.40M▲ +11.3% vs 2021
2023: €13.16M▲ +15.4% vs 2022
2024: €13.87M▲ +5.4% vs 2023
2025: €15.03M▲ +8.4% vs 2024highest in 7 years
2019 → 2025
EBIT margin
-0.9%▼ 1.2pp
2024 · 0.3%
2019: -2.5%lowest in 7 years
2020: -0.5%▲ +81.4% vs 2019
2021: 1.5%▲ +429% vs 2020
2022: 1.8%▲ +20.6% vs 2021highest in 7 years
2023: 0.7%▼ -60.2% vs 2022
2024: 0.3%▼ -61.4% vs 2023
2025: -0.9%▼ -418% vs 2024
2019 → 2025
Net result
€-200k▲ 12.5%
2024 · €-228k
2019: €-280klowest in 7 years
2020: €-144k▲ +48.6% vs 2019
2021: €-15k▲ +89.9% vs 2020
2022: €47k▲ +422% vs 2021highest in 7 years
2023: €-130k▼ -378% vs 2022
2024: €-228k▼ -75.8% vs 2023
2025: €-200k▲ +12.5% vs 2024
2019 → 2025
Working capital
€251k▼ 69.2%
2024 · €815k
2019: €801k
2020: €-27k▼ -103% vs 2019
2021: €-391k▼ -1322% vs 2020
2022: €-519k▼ -32.8% vs 2021
2023: €-1.12M▼ -116% vs 2022lowest in 7 years
2024: €815k▲ +173% vs 2023highest in 7 years
2025: €251k▼ -69.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10.24M-€11.40M▲ 11.3%€13.16M▲ 15.4%€13.87M▲ 5.4%€15.03M▲ 8.4%
2021: €10.24Mlowest in 5 years
2022: €11.40M▲ +11.3% vs 2021
2023: €13.16M▲ +15.4% vs 2022
2024: €13.87M▲ +5.4% vs 2023
2025: €15.03M▲ +8.4% vs 2024highest in 5 years
Equity€2.86M-€2.91M▲ 1.6%€2.78M▼ 4.5%€5.05M▲ 81.8%€4.85M▼ 4.0%
2021: €2.86M
2022: €2.91M▲ +1.6% vs 2021
2023: €2.78M▼ -4.5% vs 2022lowest in 5 years
2024: €5.05M▲ +81.8% vs 2023highest in 5 years
2025: €4.85M▼ -4.0% vs 2024
Operating result€157k-€210k▲ 34.2%€96k▼ 54.1%€39k▼ 59.3%€-135k
2021: €157k
2022: €210k▲ +34.2% vs 2021highest in 5 years
2023: €96k▼ -54.1% vs 2022
2024: €39k▼ -59.3% vs 2023
2025: €-135k▼ -444% vs 2024lowest in 5 years
Net result€-15k-€47k€-130k€-228k▼ 75.8%€-200k▲ 12.5%
2021: €-15k
2022: €47k▲ +422% vs 2021highest in 5 years
2023: €-130k▼ -378% vs 2022
2024: €-228k▼ -75.8% vs 2023lowest in 5 years
2025: €-200k▲ +12.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €135k after €39k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.22M
Fixed assets
€5.38M ▲ 5.7%
Current assets
€4.84M ▼ 13.6%
Equity and liabilities €10.22M
Equity
€4.85M ▼ 4.0%
Debt
€5.37M ▼ 4.8%
Debt's share of the balance-sheet total falls from 52.7% to 52.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€733k▼
2024 · €792k
Cash flow
€668k▲
2024 · €524k
Current ratio
1.05▼
2024 · 1.17
Quick ratio
0.80▼
2024 · 1.17
Debt to equity
1.11▼
2024 · 1.12
ROE
-4.1%▲
2024 · -4.5%
ROA
-2.0%▲
2024 · -2.1%
Interest coverage
8.88▲
2024 · 3.71
Debt ≤ 1 year
€4.59M▼
2024 · €4.78M
Debt > 1 year
€750k=
2024 · €750k
Income taxes
€49k▼
2024 · €51k
Staff costs
€8.05M▲
2024 · €7.90M
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.69M€10.22M▼
Fixed assets21/28€5.09M€5.38M▲
Intangible fixed assets21€5.06M€5.28M▲
Tangible fixed assets22/27€27k€95k▲
Furniture and vehicles24€27k€50k▲
Other tangible fixed assets26-€45k
Financial fixed assets28€400€400=
Other financial fixed assets284/8€400€400=
Amounts receivable and cash guarantees285/8€400€400=
Current assets29/58€5.60M€4.84M▼
Stocks and contracts in progress3-€1.15M
Contracts in progress37-€1.15M
Amounts receivable within one year40/41€5.22M€3.33M▼
Trade receivables40€4.43M€2.99M▼
Other amounts receivable41€793k€339k▼
Cash at bank and in hand54/58€249k€147k▼
Deferred charges and accrued income490/1€130k€207k▲
Equity and liabilities
Total equity and liabilities10/49€10.69M€10.22M▼
Equity10/15€5.05M€4.85M▼
Contributions10/11€5.28M€5.28M=
Capital10€5.28M€5.28M=
Issued capital100€5.28M€5.28M=
Profit (loss) carried forward14€-228k€-428k▼
Amounts payable17/49€5.64M€5.37M▼
Amounts payable after more than one year17€750k€750k=
Other amounts payable178/9€750k€750k=
Amounts payable within one year42/48€4.78M€4.59M▼
Trade debts44€396k€981k▲
Suppliers440/4€396k€981k▲
Taxes, remuneration and social security45€1.55M€1.51M▼
Taxes450/3€382k€301k▼
Remuneration and social security454/9€1.17M€1.21M▲
Other amounts payable47/48€2.83M€2.10M▼
Accrued charges and deferred income492/3€103k€30k▼
Income statement
Code20242025
Operating income70/76A€15.47M€16.42M▲
Turnover70€13.87M€15.03M▲
Change in stocks of work in progress, finished goods and contracts in progress71-€-105k
Own construction capitalised72€1.11M€982k▼
Other operating income74€486k€511k▲
Operating charges60/66A€15.43M€16.55M▲
Services and other goods61€6.77M€7.54M▲
Remuneration, social security and pensions62€7.90M€8.05M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€752k€868k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€95k
Other operating charges640/8€4k€5k▲
Operating profit (loss)9901€39k€-135k▼
Financial income75/76B-€73k
Recurring financial income75-€73k
Income from current assets751-€73k
Financial charges65/66B€216k€89k▼
Recurring financial charges65€216k€89k▼
Debt charges650€213k€83k▼
Other financial charges652/9€3k€6k▲
Profit (loss) for the period before taxes9903€-177k€-151k▲
Income taxes67/77€51k€49k▼
Taxes670/3€51k€49k▼
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904€-228k€-200k▲
Profit (loss) for the period to be appropriated9905€-228k€-200k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-228k€-428k▼
Profit (loss) brought forward from the previous period14P-€-228k
Social balance
Average headcount (FTE)908780.981.6▲
The notes to these accounts (46 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | €11.64M | €12.59M | €14.83M | €15.47M | €16.42M | ▲ 6.2% |
| Turnover70 | €10.24M | €11.40M | €13.16M | €13.87M | €15.03M | ▲ 8.4% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | €-105k | - |
| Own construction capitalised72 | €982k | €772k | €1.16M | €1.11M | €982k | ▼ 11.4% |
| Other operating income74 | €412k | €415k | €511k | €486k | €511k | ▲ 5.2% |
| Operating charges60/66A | €11.48M | €12.38M | €14.73M | €15.43M | €16.55M | ▲ 7.3% |
| Services and other goods61 | €4.94M | €5.58M | €6.86M | €6.77M | €7.54M | ▲ 11.3% |
| Remuneration, social security and pensions62 | €5.81M | €6.14M | €7.20M | €7.90M | €8.05M | ▲ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €644k | €633k | €672k | €752k | €868k | ▲ 15.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €95k | - |
| Other operating charges640/8 | €81k | €21k | €3k | €4k | €5k | ▲ 22.5% |
| Non-recurring operating charges66A | €361 | - | - | - | - | - |
| Operating profit (loss)9901 | €157k | €210k | €96k | €39k | €-135k | ▼ 444% |
| Financial income75/76B | €2k | €9k | €10k | - | €73k | - |
| Recurring financial income75 | €2k | €9k | €10k | - | €73k | - |
| Income from current assets751 | €2k | €9k | €10k | - | €73k | - |
| Financial charges65/66B | €46k | €58k | €173k | €216k | €89k | ▼ 59.1% |
| Recurring financial charges65 | €46k | €58k | €173k | €216k | €89k | ▼ 59.1% |
| Debt charges650 | €45k | €57k | €169k | €213k | €83k | ▼ 61.3% |
| Other financial charges652/9 | €917 | €933 | €4k | €3k | €6k | ▲ 88.6% |
| Profit (loss) for the period before taxes9903 | €113k | €161k | €-66k | €-177k | €-151k | ▲ 14.9% |
| Income taxes67/77 | €128k | €114k | €64k | €51k | €49k | ▼ 4.3% |
| Taxes670/3 | €128k | €114k | €64k | €51k | €49k | ▼ 4.3% |
| Tax adjustments and reversals of tax provisions77 | - | €1 | - | - | €0 | - |
| Profit (loss) for the period9904 | €-15k | €47k | €-130k | €-228k | €-200k | ▲ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €47k | €-130k | €-228k | €-200k | ▲ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.57M | €7.38M | €9.01M | €10.69M | €10.22M | ▼ 4.4% |
| Fixed assets21/28 | €4.07M | €4.22M | €4.73M | €5.09M | €5.38M | ▲ 5.7% |
| Intangible fixed assets21 | €4.04M | €4.19M | €4.69M | €5.06M | €5.28M | ▲ 4.4% |
| Tangible fixed assets22/27 | €33k | €32k | €42k | €27k | €95k | ▲ 251% |
| Furniture and vehicles24 | €33k | €32k | €42k | €27k | €50k | ▲ 84.0% |
| Other tangible fixed assets26 | - | - | - | - | €45k | - |
| Financial fixed assets28 | €825 | €825 | €825 | €400 | €400 | = |
| Other financial fixed assets284/8 | €825 | €825 | €825 | €400 | €400 | = |
| Amounts receivable and cash guarantees285/8 | €825 | €825 | €825 | €400 | €400 | = |
| Current assets29/58 | €3.50M | €3.16M | €4.28M | €5.60M | €4.84M | ▼ 13.6% |
| Stocks and contracts in progress3 | - | - | - | - | €1.15M | - |
| Contracts in progress37 | - | - | - | - | €1.15M | - |
| Amounts receivable within one year40/41 | €3.15M | €2.95M | €4.09M | €5.22M | €3.33M | ▼ 36.2% |
| Trade receivables40 | €2.49M | €2.74M | €3.52M | €4.43M | €2.99M | ▼ 32.4% |
| Other amounts receivable41 | €662k | €210k | €563k | €793k | €339k | ▼ 57.2% |
| Cash at bank and in hand54/58 | €262k | €90k | €78k | €249k | €147k | ▼ 40.9% |
| Deferred charges and accrued income490/1 | €84k | €119k | €116k | €130k | €207k | ▲ 59.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.57M | €7.38M | €9.01M | €10.69M | €10.22M | ▼ 4.4% |
| Equity10/15 | €2.86M | €2.91M | €2.78M | €5.05M | €4.85M | ▼ 4.0% |
| Contributions10/11 | €3.30M | €3.30M | €3.30M | €5.28M | €5.28M | = |
| Capital10 | €3.30M | €3.30M | €3.30M | €5.28M | €5.28M | = |
| Issued capital100 | €3.30M | €3.30M | €3.30M | €5.28M | €5.28M | = |
| Profit (loss) carried forward14 | €-439k | €-392k | €-522k | €-228k | €-428k | ▼ 87.5% |
| Amounts payable17/49 | €4.71M | €4.47M | €6.23M | €5.64M | €5.37M | ▼ 4.8% |
| Amounts payable after more than one year17 | €750k | €750k | €750k | €750k | €750k | = |
| Other amounts payable178/9 | €750k | €750k | €750k | €750k | €750k | = |
| Amounts payable within one year42/48 | €3.89M | €3.68M | €5.40M | €4.78M | €4.59M | ▼ 4.1% |
| Trade debts44 | €369k | €242k | €525k | €396k | €981k | ▲ 147% |
| Suppliers440/4 | €369k | €242k | €525k | €396k | €981k | ▲ 147% |
| Taxes, remuneration and social security45 | €1.12M | €1.04M | €1.18M | €1.55M | €1.51M | ▼ 3.1% |
| Taxes450/3 | €347k | €127k | €70k | €382k | €301k | ▼ 21.3% |
| Remuneration and social security454/9 | €774k | €915k | €1.11M | €1.17M | €1.21M | ▲ 2.9% |
| Other amounts payable47/48 | €2.40M | €2.40M | €3.70M | €2.83M | €2.10M | ▼ 25.9% |
| Accrued charges and deferred income492/3 | €72k | €42k | €80k | €103k | €30k | ▼ 70.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €47k | €-130k | €-228k | €-200k | ▲ 12.5% |
| + Depreciation and write-downs630 | €644k | €633k | €672k | €752k | €868k | ▲ 15.4% |
| Operating cash flow (approximation) | €629k | €680k | €542k | €524k | €668k | ▲ 27.5% |
| Investment in fixed assets (approximation) | - | €-779k | €-1.18M | €-1.11M | €-1.16M | ▼ 4.5% |
| Change in cash | - | €-172k | €-12k | €171k | €-102k | ▼ 160% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €5MEq €5.05M ▲81.8%
Equity rises from €2.78M to €5.05M.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €47k
Net result €47k after 3 loss-making years.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €2MEq €2.86M ▲227%
Equity rises from €876k to €2.86M.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2018
Ground area
1,249 m²
Building footprint
2,510 m²
Volume, LiDAR
35,795 m³
Parcel 25386B0254/00X000, Wallonia · tallest building 24.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MAINSYS FINANCIAL SOFTWARE
since 20182.313.349.733
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0254/00X000 | Wallonia | 1,248 m² | 1 · 2,510 m² | 24.1 m · 5 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.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Bruxelles
controls
MAINSYS FINANCIAL SOFTWAREBE 0716.907.697
Recognitions · licences · registrations
Legal Entity Identifier
8755006RDRAUZG4C7S88
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Identification & contact
Identification
Legal formPublic limited company
Founded27-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.