Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SYSTEM GROUP from La Louvière, company number BE0650719649, closed financial year 2024 with a result of € 7,833 after tax. For that financial year SYSTEM GROUP recorded a gross margin of € 8,853 and equity of € -4,372. Compared with financial year 2023, the result moved from € -3,323 to € 7,833. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -4,372
▲ € 7,833 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,833
▲ still € 3,323 loss in 2023
Profit after tax over the fiscal year.
€ 233
▼ 19% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -22,972.
People and assets in 2024
€ 2,834
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 246
▲ 171% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,247
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,874 | € -5,510 | € -2,780 | € 8,853 | ▲ € 11,633 |
| Profit after taxes | € 6,419 | € -6,162 | € -3,323 | € 7,833 | ▲ € 11,156 |
| Equity | € -2,719 | € -8,881 | € -12,205 | € -4,372 | ▲ € 7,833 |
| Total debts | € 8,878 | € 9,775 | € 13,114 | € 12,491 | ▼ 5% |
| Cash | € 412 | - | € 289 | € 233 | ▼ 19% |
| Retained profit | € -21,319 | € -27,481 | € -30,805 | € -22,972 | ▲ € 7,833 |
| Bank debt | € 0 | € 497 | € 0 | € 0 | |
| Balance sheet total | € 6,159 | € 894 | € 909 | € 8,119 | ▲ € 7,210 |
Key figures of SYSTEM GROUP, 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 SYSTEM GROUP?
What happened at SYSTEM GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 7,833. filed late Source: NBB ↗
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,419 profit in 2021 to € 7,833 profit in 2024.
Best year ever: 2024, with € 7,833 profit.
A new publication or filing at SYSTEM GROUP? 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
Establishments
Establishment units
Physical locations of this company
Rue Dardry(H-G) 16
7110 La Louvière
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.719.649
- VAT number
- BE 0650.719.649
- Registered office
- Rue Dardry(H-G) 16, 7110 La Louvière
- Names & denominations
- SYSTEM GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2016
- Peppol
- Active · Active since 14 Jan 2025
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