NORMAL SITUATION

SYSTEM MAILING

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Financial year 2023 · closed on 31/12/2023

Net result

-4,1 k €

+40.8% YoY

Gross margin

-5 k €

+39.8% YoY

Equity

51,8 k €

-7.3% YoY

Company — Normal situation.

What does SYSTEM MAILING do?

SYSTEM MAILING is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.000.233

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

31/12/2023

Signals

Solid equityGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-5 k €	+39.8%	-8,3 k €	-892%	1 k €	+118%	-5,9 k €	-342%	-1,3 k €	-53.2%	-875,5 €	+69.7%	-2,9 k €	-110%	27,7 k €		–		–		–		–		–		–		–		–		–
EBITDA	-5,5 k €	+37.2%	-8,8 k €	-1588%	588,2 €	+109%	-6,4 k €	-256%	-1,8 k €	-35.2%	-1,3 k €	+60.2%	-3,3 k €	-112%	27,2 k €	+69.1%	16,1 k €	+124%	7,2 k €	-53.4%	15,4 k €	+45.9%	10,6 k €	-73.4%	39,8 k €	+9.6%	36,3 k €	+110%	17,3 k €	+380%	-6,2 k €	-613%	1,2 k €
Operating result	-5,5 k €	+37.2%	-8,8 k €	-1588%	588,2 €	+109%	-6,4 k €	-256%	-1,8 k €	-35.2%	-1,3 k €	+60.2%	-3,3 k €	-112%	27,2 k €	+69.1%	16,1 k €	+124%	7,2 k €	-53.4%	15,4 k €	+45.9%	10,6 k €	-74.0%	40,7 k €	+12.1%	36,3 k €	+154%	14,3 k €	+331%	-6,2 k €	-613%	1,2 k €
Net result	-4,1 k €	+40.8%	-6,9 k €	-433%	2,1 k €	+132%	-6,5 k €	-267%	-1,8 k €	-41.5%	-1,2 k €	+61.9%	-3,3 k €	-118%	18,2 k €	+47.4%	12,4 k €	+70.0%	7,3 k €	-39.0%	11,9 k €	+28.5%	9,3 k €	-68.5%	29,5 k €	-6.5%	31,5 k €	+102%	15,6 k €	+344%	-6,4 k €	-297%	3,2 k €
Balance sheet
Equity	51,8 k €	-7.3%	55,9 k €	-11.0%	62,8 k €	+3.4%	60,7 k €	-9.6%	67,2 k €	-2.6%	68,9 k €	-1.8%	70,2 k €	-4.4%	73,4 k €	+0.6%	73 k €	-51.5%	150,7 k €	+5.1%	143,4 k €	+9.1%	131,5 k €	+7.6%	122,2 k €	+31.8%	92,7 k €	+51.4%	61,2 k €	+34.1%	45,7 k €	-12.3%	52 k €
Total assets	71,8 k €	-21.9%	92 k €	-7.7%	99,6 k €	+24.1%	80,3 k €	+1.3%	79,3 k €	+6.5%	74,4 k €	-18.1%	90,8 k €	-16.0%	108,2 k €	-43.6%	191,9 k €	+3.9%	184,7 k €	+2.0%	181,1 k €	-9.2%	199,5 k €	-5.8%	211,8 k €	+18.7%	178,5 k €	+0.0%	178,5 k €	+5.7%	168,9 k €	-23.4%	220,7 k €
Cash	13,2 k €	+6.5%	12,4 k €	+103%	6,1 k €	-60.2%	15,3 k €	-79.4%	74,3 k €	+53.8%	48,3 k €	-31.7%	70,8 k €	-24.6%	93,8 k €	-43.6%	166,3 k €	+1507%	10,3 k €	-51.8%	21,4 k €	-84.3%	136,3 k €	+203%	45 k €	-41.8%	77,4 k €	+105%	37,7 k €	-51.8%	78,2 k €	-3.6%	81,1 k €
Debts	20,1 k €	-23.1%	26,1 k €	-29.2%	36,9 k €	+87.9%	19,6 k €	+62.1%	12,1 k €	+121%	5,5 k €	-73.5%	20,6 k €	-40.6%	34,7 k €	-70.8%	118,8 k €	+249%	34 k €	-9.8%	37,7 k €	-44.6%	68,1 k €	-24.1%	89,6 k €	+4.5%	85,8 k €	-26.9%	117,3 k €	-1.5%	119,1 k €	-27.9%	165,2 k €

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 10 ended

Active mandates

IBW

Managing director · 0445.991.350

Represented by François van der Haert

Active

Patrick Van Belle

Managing director

Active

Ended mandates

IBW

Managing director · since 31 janvier 2018 · until 31 janvier 2024 · 0445.991.350

Represented by François VAN DER HAERT

Ended

Patrick VAN BELLE

Managing director · since 31 janvier 2018 · until 31 janvier 2024

Ended

Bernard van der Haert

Director

Ended

Bernard van der Haert

Managing director · until 31 janvier 2018

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/07/2024	13/07/2023	05/07/2022	01/07/2021	23/07/2020	25/06/2019
General meeting	28/06/2024	03/05/2023	10/06/2022	11/06/2021	12/06/2020	14/06/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

34 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	28/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	03/05/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	23/07/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	12/06/2017	Dutch	PDF
Full model	31/12/2015	10/06/2016	14/06/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	22/07/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	02/07/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	30/07/2013	Dutch	PDF
Full model	31/12/2011	08/06/2012	31/08/2012	Dutch	PDF
Full model	31/12/2010	10/06/2011	19/07/2011	Dutch	PDF
Full model	31/12/2009	25/06/2010	06/08/2010	Dutch	PDF
Full model	31/12/2008	12/06/2009	08/07/2009	Dutch	PDF
Full model	31/12/2007	27/06/2008	24/07/2008	Dutch	PDF
Full model	31/12/2006	08/06/2007	23/07/2007	Dutch	PDF
Full model	31/12/2005	09/06/2006	31/07/2006	Dutch	PDF
Full model	31/12/2004	10/06/2005	02/08/2005	Dutch	PDF
Full model	31/12/2003	11/06/2004	29/07/2004	Dutch	PDF
Full model	31/12/2002	13/06/2003	16/07/2003	Dutch	PDF
Full model	31/12/2001	14/06/2002	26/06/2002	Dutch	PDF
Abridged model	31/12/2000	28/05/2001	02/07/2001	Dutch	PDF

View all 34 filings

Estimate

Indicative valuation

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 31/12/2023 · 2 active · 10 ended

Active mandates

IBW

Managing director · 0445.991.350

Represented by François van der Haert

Active

Patrick Van Belle

Managing director

Active

Ended mandates

IBW

Managing director · since 31 janvier 2018 · until 31 janvier 2024 · 0445.991.350

Represented by François VAN DER HAERT

Ended

Patrick VAN BELLE

Managing director · since 31 janvier 2018 · until 31 janvier 2024

Ended

Bernard van der Haert

Director

Ended

Bernard van der Haert

Managing director · until 31 janvier 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution24/01/2025
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
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

2023
Annual accounts 2023-4,1 k €↑
2022
Annual accounts 2022-6,9 k €↓
2021
Annual accounts 20212,1 k €↑
2020
Annual accounts 2020-6,5 k €↓
2019
Annual accounts 2019-1,8 k €↓
2018
Annual accounts 2018-1,2 k €↑
2017
Annual accounts 2017-3,3 k €↓
2016
Annual accounts 201618,2 k €↑
2015
Annual accounts 201512,4 k €↑
2014
Annual accounts 20147,3 k €↓
2013
Annual accounts 201311,9 k €↑
2012
Annual accounts 20129,3 k €↓
2011
Annual accounts 201129,5 k €↓
2010
Annual accounts 201031,5 k €↑
2009
Annual accounts 200915,6 k €↑
2008
Annual accounts 2008-6,4 k €↓
2007
Annual accounts 20073,2 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SYSTEM MAILING

Overview

What does SYSTEM MAILING do?

Trend over 17 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline