Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SYSTO from Hasselt, company number BE0502589563, closed financial year 2024 with a result of € -22,778 after tax. For that financial year SYSTO recorded a gross margin of € -5,048 and equity of € 14,443. Compared with financial year 2023, the result moved from € 10,456 to € -22,778. The company made a loss. The buffer shrank hard: equity is 61 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 14,443
▼ 61% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,778
▼ still € 10,456 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8,143.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 397
▼ 66% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 20,000
Loans from banks and other lenders, long and short.
€ 20,282
▲ € 18,210 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,031
▼ 80% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 86,590 | € 49,408 | € 31,644 | € -5,048 | ▼ € 36,691 |
| Profit after taxes | € 65,241 | € 20,303 | € 10,456 | € -22,778 | ▼ € 33,234 |
| Equity | € 26,461 | € 26,764 | € 37,221 | € 14,443 | ▼ 61% |
| Total debts | € 288,923 | € 135,683 | € 50,884 | € 42,919 | ▼ 16% |
| Cash | € 144,777 | € 26,440 | € 6,541 | - | |
| Retained profit | € 20,161 | € 20,464 | € 30,921 | € 8,143 | ▼ 74% |
| Dividend | € 60,000 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 315,384 | € 162,447 | € 88,105 | € 57,362 | ▼ 35% |
Key figures of SYSTO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SYSTO?
What happened at SYSTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 22,778 (▼ € 33,234 vs 2023). filed late Source: NBB ↗
- Curinckx Andy became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,241 profit in 2021 to € 22,778 loss in 2024.
Paid € 16,775 in corporate taxes since 2021.
Best year ever: 2021, with € 65,241 profit.
Paid out € 80,000 in dividends to the owners in total.
A new publication or filing at SYSTO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Curinckx Andy
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Schimpenstraat 138 box 5
3511 Hasselt
Hendrik van Veldekesingel 150
3500 Hasselt
Active since 16 January 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.589.563
- VAT number
- BE 0502.589.563
- Registered office
- Schimpenstraat 138 bus 5, 3511 Hasselt
- Names & denominations
- SYSTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2013
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected] 011 15 15 11
- Activities · NACE
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