ACTIVE

SYSTEM ENGINEERING GROUP

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
7,2 k €
+1133.9% YoY
Gross margin
11 k €
+68.3% YoY
Equity
17,8 k €
+67.6% YoY

What does SYSTEM ENGINEERING GROUP do?

SYSTEM ENGINEERING GROUP is a Private limited company incorporated in 1988. Its main activity is: Computer programming activities. Its registered office is in Schaerbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.777.070
Incorporation
24/03/1988
Legal form
Private limited company
Registered office
Rue du Tilleul 34
1030 Schaerbeek · BruxellesSee on map
Contributed capital
743,68 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin11 k €6,5 k €4,8 k €
EBITDA10,2 k €5,8 k €4,1 k €
Operating result9,8 k €-234,7 €-1,9 k €
Net result7,2 k €-692,5 €-2,6 k €
Balance sheet
Equity17,8 k €10,6 k €11,3 k €
Total assets34,6 k €23,2 k €22,8 k €
Cash14,8 k €18,6 k €9,7 k €
Debts15,1 k €11,4 k €10,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

Carine Mersch

Mandate

Active
Joëlle Corteel

Mandate

Active
Stéphane Corteel

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
PROFESSIONAL INDUSTRIAL SOFTWARE SOLUTIONS● Active
0881.743.064
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date03/07/202610/07/202521/08/2024
General meeting01/03/202601/03/202501/03/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/03/202603/07/2026FrenchPDF
Micro model31/12/202401/03/202510/07/2025FrenchPDF
Micro model31/12/202301/03/202421/08/2024FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

Carine Mersch

Mandate

Active
Joëlle Corteel

Mandate

Active
Stéphane Corteel

Mandate

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Registered office26/03/2010
    SIEGE SOCIAL
    PDF
  • Mandates23/03/2010
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20257,2 k €↑
  2. 2024
    Annual accounts 2024-692,5 €↑
  3. 2023
    Annual accounts 2023-2,6 k €
  4. 24/03/1988
    IncorporationPrivate limited company