Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.8 to 1.9.
-
Figures corrected NBB
Corrected annual account filed for 2025.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SYSLINK from Liège, company number BE0671773302, closed financial year 2025 with a result of € 62,861 after tax. For that financial year SYSLINK recorded a gross margin of € 283,487 and equity of € 112,033. Compared with financial year 2024, the result moved from € -44,324 to € 62,861. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 112,033
▲ 128% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,861
▲ still € 44,324 loss in 2024
Profit after tax over the fiscal year.
€ 108,985
▲ € 85,633 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 € 87,033.
People and assets in 2025
1.9
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 96,383
▼ 59% vs 2024
€ 50,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,096
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 108,726
▼ 29% vs 2024
€ 64,532 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,269
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,500
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 220,780 | € 320,029 | € 216,111 | € 283,487 | ▲ 31% |
| Profit after taxes | € 21,172 | € -5,264 | € -44,324 | € 62,861 | ▲ € 107,185 |
| Equity | € 98,760 | € 93,496 | € 49,172 | € 112,033 | ▲ 128% |
| Total debts | € 221,297 | € 443,544 | € 331,160 | € 209,593 | ▼ 37% |
| Cash | € 54,010 | € 82,495 | € 23,352 | € 108,985 | ▲ € 85,633 |
| Retained profit | € 73,760 | € 68,496 | € 24,172 | € 87,033 | ▲ 260% |
| Bank debt | € 93,017 | € 202,169 | € 153,515 | € 108,726 | ▼ 29% |
| Balance sheet total | € 320,057 | € 537,040 | € 380,331 | € 321,626 | ▼ 15% |
| Employees (FTE) | 4.2 | 6.8 | 5.3 | 1.9 | ▼ 3.4 |
Key figures of SYSLINK, 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 SYSLINK?
What happened at SYSLINK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- CeraCorp became a director. NBB
- MDB SRL stepped down as director. NBB
- MDB SRL became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,172 profit in 2022 to € 62,861 profit in 2025.
Paid € 33,137 in corporate taxes since 2022.
Best year ever: 2025, with € 62,861 profit.
On average € 149,200 of value added per employee in 2025.
Management
The stake of MDB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SYSLINKBehind SYSLINK is CeraCorp. The shares are held by MDB (90%).
Establishments
Establishment units
Physical locations of this company
Rue Paul-Devaux 6
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Details
- Company number
- 0671.773.302
- VAT number
- BE 0671.773.302
- Registered office
- Rue Paul-Devaux 6, 4000 Liège
- Names & denominations
- SYSLINK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2017
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- syslink.be
- Activities · NACE
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