ACTIVE

NEW SYSTEM

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Financial year 2024 · closed on 31/12/2024

Net result

31,7 k €

+54.1% YoY

Gross margin

122,7 k €

+12.2% YoY

Equity

279,7 k €

+0.6% YoY

What does NEW SYSTEM do?

NEW SYSTEM is a Private company with limited liability incorporated in 1990. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.810.074

Incorporation

07/02/1990

Legal form

Private company with limited liability

Registered office

Val des Seigneurs 13
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	122,7 k €	+12.2%	109,3 k €	+2.0%	107,2 k €	-17.2%	129,4 k €	+5.9%	122,2 k €	+0.8%	121,2 k €	-1.7%	123,3 k €	+16.6%	105,7 k €	+0.1%	105,6 k €	-13.3%	121,8 k €	-60.9%	311,4 k €	+94.8%	159,9 k €	+31.0%	122 k €	-14.9%	143,4 k €	+142%	59,2 k €	-29.6%	84 k €	+86.1%	45,2 k €	-48.6%	87,8 k €	+22.3%	71,8 k €
EBITDA	108 k €	+13.5%	95,2 k €	+1.0%	94,2 k €	-19.3%	116,8 k €	+6.5%	109,7 k €	+0.7%	108,9 k €	-2.1%	111,1 k €	+18.5%	93,8 k €	-0.1%	93,9 k €	-14.7%	110,1 k €	-62.5%	294 k €	+106%	142,6 k €	+28.4%	111,1 k €	-17.4%	134,4 k €	+156%	52,4 k €	-32.5%	77,7 k €	+137%	32,8 k €	-59.4%	80,6 k €	+24.9%	64,6 k €
Operating result	51,8 k €	+34.9%	38,4 k €	+33.2%	28,8 k €	-36.8%	45,7 k €	+17.1%	39 k €	-0.2%	39,1 k €	-0.9%	39,4 k €	+74.8%	22,5 k €	+3.7%	21,7 k €	-45.8%	40,1 k €	-82.8%	232,7 k €	+306%	57,4 k €	+7.2%	53,5 k €	-42.6%	93,3 k €	+377%	19,6 k €	-56.5%	45 k €	+1501%	2,8 k €	-91.0%	31,3 k €	+85.5%	16,8 k €
Net result	31,7 k €	+54.1%	20,6 k €	+53.2%	13,4 k €	-47.2%	25,4 k €	+40.0%	18,2 k €	+20.6%	15,1 k €	+3.7%	14,5 k €	+218%	4,6 k €	+44.4%	3,2 k €	-67.5%	9,7 k €	-92.2%	125,6 k €	+2287%	5,3 k €	-73.8%	20,1 k €	-56.7%	46,4 k €	+913%	4,6 k €	-82.3%	25,9 k €	-73.4%	97,2 k €	+461%	17,3 k €	+997%	1,6 k €
Balance sheet
Equity	279,7 k €	+0.6%	278 k €	-3.3%	287,4 k €	-3.9%	298,9 k €	+0.1%	298,5 k €	+2.8%	290,3 k €	-3.3%	300,3 k €	+1.9%	294,6 k €	-3.4%	305 k €	-3.7%	316,9 k €	-1.6%	322,1 k €	+48.7%	216,6 k €	-6.4%	231,3 k €	-6.1%	246,2 k €	+14.6%	214,8 k €	-4.6%	225,3 k €	-47.5%	428,7 k €	+29.3%	331,5 k €	+5.5%	314,2 k €
Total assets	800,9 k €	-5.4%	846,6 k €	-7.6%	916,6 k €	-8.7%	1 M €	-9.8%	1,1 M €	-6.0%	1,2 M €	-9.2%	1,3 M €	-4.6%	1,4 M €	-5.9%	1,5 M €	-7.3%	1,6 M €	-11.7%	1,8 M €	-2.7%	1,8 M €	+8.7%	1,7 M €	+42.9%	1,2 M €	+61.9%	724,9 k €	-12.7%	829,9 k €	-1.5%	842,6 k €	-22.6%	1,1 M €	-2.1%	1,1 M €
Cash	15,7 k €	+53.4%	10,2 k €	-56.8%	23,7 k €	-51.8%	49,1 k €	+169%	18,3 k €	-45.3%	33,4 k €	-47.6%	63,8 k €	+60.4%	39,8 k €	+51.1%	26,3 k €	+91.7%	13,7 k €	-26.1%	18,6 k €	+2.6%	18,1 k €	+113%	8,5 k €	-29.6%	12,1 k €	-61.9%	31,6 k €	-78.1%	144,7 k €	+3.9%	139,3 k €	+665%	18,2 k €	-6.1%	19,4 k €
Debts	453,8 k €	-8.3%	494,9 k €	-10.3%	551,5 k €	-11.5%	622,9 k €	-14.2%	726,3 k €	-7.4%	784,6 k €	-11.7%	888,4 k €	-5.6%	940,8 k €	-6.6%	1 M €	-9.5%	1,1 M €	-14.9%	1,3 M €	-12.9%	1,5 M €	+12.3%	1,3 M €	+64.9%	811,3 k €	+97.4%	410,9 k €	-17.7%	499 k €	+65.4%	301,6 k €	-41.9%	518,8 k €	-5.1%	546,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

MD CORPORATE FINANCE

Director · since 15 juin 2012 · 0806.454.139

Represented by Laurent MULDERS

Active

Lucien BOURDEAUX

Director

Active

PIERRE SIRRE

Director

Active

Ended mandates

MD CORPORATE FINANCE

Manager · since 15 juin 2012 · 0806.454.139

Represented by Laurent MULDERS

Ended

ALAIN SIRRE

Director

Ended

Lucien BOURDEAUX

Manager

Ended

MARINA SIRRE

Director

Ended

At this address

Other companies at this address

Company	CBE no.
COACH en PARTNERS● Active	0437.660.634
KIDS&US LANGUAGE SCHOOL BELGIUM● Active	0847.087.835
PRESIR● Active	0423.954.831

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/10/2025	20/10/2024	12/10/2023	27/10/2022	27/10/2021	30/11/2020
General meeting	18/10/2025	19/10/2024	06/10/2023	15/10/2022	26/10/2021	27/11/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	18/10/2025	20/10/2025	French	PDF
Micro model	31/12/2023	19/10/2024	20/10/2024	French	PDF
Abridged model	31/12/2022	06/10/2023	12/10/2023	French	PDF
Abridged model	31/12/2021	15/10/2022	27/10/2022	French	PDF
Abridged model	31/12/2020	26/10/2021	27/10/2021	French	PDF
Abridged model	31/12/2019	27/11/2020	30/11/2020	French	PDF
Abridged model	31/12/2018	21/09/2019	26/09/2019	French	PDF
Abridged model	31/12/2017	27/09/2018	28/09/2018	French	PDF
Abridged model	31/12/2016	26/09/2017	05/10/2017	French	PDF
Abridged model	31/12/2015	25/03/2016	27/09/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	07/08/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	08/10/2013	21/10/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	12/08/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	16/06/2010	French	PDF
Abridged model	31/12/2008	11/06/2009	19/06/2009	French	PDF
Abridged model	31/12/2007	12/06/2008	08/07/2008	French	PDF
Abridged model	31/12/2006	28/06/2007	27/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 3 active · 6 ended

Active mandates

MD CORPORATE FINANCE

Director · since 15 juin 2012 · 0806.454.139

Represented by Laurent MULDERS

Active

Lucien BOURDEAUX

Director

Active

PIERRE SIRRE

Director

Active

Ended mandates

MD CORPORATE FINANCE

Manager · since 15 juin 2012 · 0806.454.139

Represented by Laurent MULDERS

Ended

ALAIN SIRRE

Director

Ended

Lucien BOURDEAUX

Manager

Ended

MARINA SIRRE

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/02/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates20/11/2013
DEMISSIONS, NOMINATIONS
PDF
Other15/07/2011
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other15/04/2010
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/02/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2009
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates16/10/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2008
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

2024
Annual accounts 202431,7 k €↑
2023
Annual accounts 202320,6 k €↑
2022
Annual accounts 202213,4 k €↓
2021
Annual accounts 202125,4 k €↑
2020
Annual accounts 202018,2 k €↑
2019
Annual accounts 201915,1 k €↑
2018
Annual accounts 201814,5 k €↑
2017
Annual accounts 20174,6 k €↑
2016
Annual accounts 20163,2 k €↓
2015
Annual accounts 20159,7 k €↓
2014
Annual accounts 2014125,6 k €↑
2013
Annual accounts 20135,3 k €↓
2012
Annual accounts 201220,1 k €↓
2011
Annual accounts 201146,4 k €↑
2010
Annual accounts 20104,6 k €↓
2009
Annual accounts 200925,9 k €↓
2008
Annual accounts 200897,2 k €↑
2007
Annual accounts 200717,3 k €↑
2006
Annual accounts 20061,6 k €
07/02/1990
IncorporationPrivate company with limited liability

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

NEW SYSTEM

Overview

What does NEW SYSTEM do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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