Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
EUROPEAN SYSTEMS SERVICES from Kortenberg, company number BE0433877535, closed financial year 2025 with a result of € 3,566 after tax. For that financial year EUROPEAN SYSTEMS SERVICES recorded a gross margin of € 9,413 and equity of € 31,398. Compared with financial year 2024, the result moved from € 5,541 to € 3,566. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 31,398
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,566
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 2,619
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -99,540.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 70,000
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,605 | € 10,169 | € 11,254 | € 9,413 | ▼ 16% |
| Profit after taxes | € -1,989 | € -1,645 | € 5,541 | € 3,566 | ▼ 36% |
| Equity | € 23,935 | € 22,291 | € 27,832 | € 31,398 | ▲ 13% |
| Total debts | € 99,678 | € 93,278 | € 91,198 | € 74,538 | ▼ 18% |
| Cash | € 3,163 | € 4,345 | € 11,789 | € 2,619 | ▼ 78% |
| Land & buildings | € 71,375 | € 67,451 | € 63,528 | € 59,604 | ▼ 6% |
| Retained profit | € -107,002 | € -108,647 | € -103,106 | € -99,540 | ▲ € 3,566 |
| Bank debt | € 82,340 | € 77,480 | € 77,000 | € 70,000 | ▼ 9% |
| Balance sheet total | € 123,613 | € 115,569 | € 119,030 | € 105,936 | ▼ 11% |
Key figures of EUROPEAN SYSTEMS SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EUROPEAN SYSTEMS SERVICES?
What happened at EUROPEAN SYSTEMS SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GUIDO DELVOY stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,566 (▼ 36% vs 2024). filed late Source: NBB ↗
- Thomas DELVOY became a director. NBB
- GUIDO DELVOY became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,989 loss in 2022 to € 3,566 profit in 2025.
Best year ever: 2024, with € 5,541 profit.
Management
Behind EUROPEAN SYSTEMS SERVICES is Thomas DELVOY.
Directors
According to the 2025 annual accounts
Thomas DELVOY
Director
since 2023
GUIDO DELVOY
Managing director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Galgenstraat 8
3078 Kortenberg
Louis Schmidtlaan 41 box 2
1040 Etterbeek
Active since 12 April 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.877.535
- VAT number
- BE 0433.877.535
- Registered office
- Galgenstraat 8, 3078 Kortenberg
- Names & denominations
- EUROPEAN SYSTEMS SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 1988
- Peppol
- Not registered