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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SystemsWaves from Oostrozebeke, company number BE0821503391, closed financial year 2025 with a result of € 212,492 after tax. For that financial year SystemsWaves recorded a gross margin of € 320,687 and equity of € 581,431. Compared with financial year 2024, the result moved from € 37,269 to € 212,492. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 581,431
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 212,492
▲ € 175,223 vs 2024
Profit after tax over the fiscal year.
€ 24,399
▲ 113% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,402 paid out
21 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 3,504
▲ € 2,888 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,816
▼ 20% vs 2024
€ 26,355 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 10,565
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,977
▲ 286% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,593 | € 67,565 | € 74,592 | € 320,687 | ▲ € 246,095 |
| Profit after taxes | € 64,114 | € 33,446 | € 37,269 | € 212,492 | ▲ € 175,223 |
| Equity | € 460,899 | € 494,345 | € 414,340 | € 581,431 | ▲ 40% |
| Total debts | € 95,621 | € 25,674 | € 155,177 | € 164,177 | ▲ 6% |
| Cash | € 18,814 | € 10,849 | € 11,443 | € 24,399 | ▲ 113% |
| Land & buildings | € 354,671 | € 338,678 | € 460,545 | € 147,114 | ▼ 68% |
| Retained profit | € 442,299 | € 475,745 | € 395,740 | € 562,831 | ▲ 42% |
| Dividend | € 38,876 | € 0 | € 117,274 | € 45,402 | ▼ 61% |
| Bank debt | € 31,179 | € 12,619 | € 126,357 | € 100,816 | ▼ 20% |
| Balance sheet total | € 556,520 | € 520,019 | € 569,516 | € 745,608 | ▲ 31% |
Key figures of SystemsWaves, 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 SystemsWaves?
What happened at SystemsWaves in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 212,492 (▲ € 175,223 vs 2024). Source: NBB ↗
- New establishment in Oostrozebeke. KBO
- Start of the company according to the CBE. KBO
- Bart Loyson became a director. NBB
In short
From € 64,114 profit in 2022 to € 212,492 profit in 2025.
Paid € 146,738 in corporate taxes since 2022.
Best year ever: 2025, with € 212,492 profit.
Paid out € 201,552 in dividends to the owners in total.
Management
Behind SystemsWaves is Bart Loyson.
Directors
According to the 2025 annual accounts
Bart Loyson
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Aardemolenstraat 8B
8780 Oostrozebeke
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
one.com Mail
Hosting
ONECOM, DK
Domain
Domain
systemswaves.com
Registered
2010-02-25
Registrar
One.com A/S
Expires
2027-02-25
Website info
Features
Security
Network
Details
- Company number
- 0821.503.391
- VAT number
- BE 0821.503.391
- Registered office
- Aardemolenstraat 8B, 8780 Oostrozebeke
- Names & denominations
- SystemsWaves
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2009
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- systemswaves.com
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