ACTIVE

COMPUTING SYSTEM ENGINEERING

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Financial year 2025 · closed on 31/12/2025

Net result

34,4 k €

+141.3% YoY

Gross margin

110,5 k €

+32.4% YoY

Equity

241,7 k €

-4.1% YoY

What does COMPUTING SYSTEM ENGINEERING do?

COMPUTING SYSTEM ENGINEERING is a Private limited company incorporated in 1995. Its main activity is: Computer consultancy activities. Its registered office is in Montigny-le-Tilleul.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.460.143

Incorporation

21/02/1995

Legal form

Private limited company

Registered office

Rue de Marbaix 213
6110 Montigny-le-Tilleul · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 62030Computer facilities management activities 77340Rental and leasing of water transport equipment 77340Rental and leasing of water transport equipment

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	110,5 k €	+32.4%	83,5 k €	-57.1%	194,4 k €	+28.4%	151,4 k €	+60.7%	94,2 k €	+50.3%	62,7 k €	-23.7%	82,1 k €	-53.7%	177,4 k €	-7.4%	191,6 k €	+107%	92,5 k €	-49.2%	182,3 k €	-4.9%	191,6 k €	+32.6%	144,4 k €	+33.1%	108,5 k €	+46.4%	74,1 k €	+95.3%	37,9 k €	-7.5%	41,0 k €	-49.2%	80,6 k €	+3.0%	78,3 k €	+91.0%	41,0 k €
EBITDA	54,6 k €	+70.4%	32,0 k €	-77.0%	139,3 k €	+39.3%	100,0 k €	+142%	41,4 k €	+63.0%	25,4 k €	+15.1%	22,1 k €	-82.0%	122,6 k €	-11.3%	138,3 k €	+263%	38,1 k €	-69.5%	124,8 k €	-7.9%	135,5 k €	+43.1%	94,7 k €	+82.0%	52,0 k €	+52.2%	34,2 k €	+6.6%	32,1 k €	-21.5%	40,9 k €	-48.2%	78,9 k €	+4.7%	75,3 k €	+102%	37,3 k €
Operating result	53,8 k €	+78.5%	30,1 k €	-77.3%	132,8 k €	+61.6%	82,2 k €	+236%	24,5 k €	+448%	4,5 k €	+433%	839,6 €	-99.3%	113,1 k €	-12.5%	129,3 k €	+447%	23,7 k €	-78.6%	110,8 k €	-8.1%	120,6 k €	+54.1%	78,2 k €	+140%	32,6 k €	+118%	15,0 k €	-18.1%	18,3 k €	-35.8%	28,5 k €	-49.1%	55,9 k €	+16.8%	47,9 k €	+273%	12,8 k €
Net result	34,4 k €	+141%	14,3 k €	-65.8%	41,7 k €	+988%	3,8 k €	-78.9%	18,2 k €	+1202%	1,4 k €	+144%	-3,1 k €	-104%	77,0 k €	-0.5%	77,4 k €	+395%	15,6 k €	-77.0%	68,0 k €	-8.4%	74,2 k €	+46.8%	50,6 k €	+117%	23,3 k €	+129%	10,2 k €	-32.2%	15,0 k €	+10.1%	13,6 k €	-58.1%	32,5 k €	+11.1%	29,2 k €	+174%	10,6 k €
Balance sheet
Equity	241,7 k €	-4.1%	252,0 k €	-13.3%	290,6 k €	+16.7%	248,9 k €	+1.6%	245,1 k €	+8.0%	227,0 k €	+0.6%	225,6 k €	-15.4%	266,7 k €	+40.6%	189,7 k €	-10.2%	211,3 k €	+2.7%	205,7 k €	+19.1%	172,6 k €	+29.4%	133,4 k €	-18.6%	163,9 k €	+16.6%	140,6 k €	+7.8%	130,5 k €	-39.5%	215,5 k €	-1.1%	217,9 k €	+8.7%	200,4 k €	+16.5%	172,0 k €
Total assets	313,5 k €	-11.1%	352,6 k €	-2.0%	359,8 k €	+24.6%	288,7 k €	-3.8%	300,3 k €	+0.8%	297,8 k €	-17.4%	360,4 k €	-2.4%	369,3 k €	-14.1%	429,9 k €	+45.5%	295,4 k €	-16.0%	351,5 k €	+14.0%	308,3 k €	+19.9%	257,2 k €	+2.4%	251,3 k €	-5.5%	265,8 k €	+8.6%	244,8 k €	+1.9%	240,2 k €	-15.0%	282,7 k €	-2.1%	288,9 k €	+6.9%	270,1 k €
Cash	212,1 k €	-1.5%	215,4 k €	+23.6%	174,3 k €	+21.8%	143,1 k €	-34.3%	217,8 k €	+4.5%	208,6 k €	+4.8%	199,0 k €	-15.6%	235,8 k €	-8.4%	257,5 k €	+66.1%	155,0 k €	-37.0%	246,2 k €	+36.0%	181,0 k €	+47.4%	122,8 k €	+42.0%	86,5 k €	-32.1%	127,4 k €	+41.8%	89,9 k €	+19.0%	75,6 k €	-22.5%	97,5 k €	+26.9%	76,9 k €	+166%	28,9 k €
Debts	69,6 k €	-30.8%	100,6 k €	+45.4%	69,2 k €	+73.8%	39,8 k €	-27.8%	55,1 k €	-22.2%	70,9 k €	-47.5%	134,9 k €	+31.5%	102,6 k €	-57.3%	240,2 k €	+189%	83,1 k €	-42.5%	144,5 k €	+7.6%	134,3 k €	+9.9%	122,3 k €	+43.3%	85,3 k €	-31.3%	124,2 k €	+12.0%	110,9 k €	+348%	24,7 k €	-61.8%	64,8 k €	-26.7%	88,5 k €	-9.9%	98,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Laurent Casu

Director

Active

Ended mandates

laurent casu

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/06/2026	09/07/2025	01/08/2024	10/07/2023	06/06/2022	19/08/2021
General meeting	15/05/2026	30/06/2025	01/08/2024	19/05/2023	20/05/2022	21/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/05/2026	11/06/2026	French	PDF
Micro model	31/12/2024	30/06/2025	09/07/2025	French	PDF
Micro model	31/12/2023	01/08/2024	01/08/2024	French	PDF
Micro model	31/12/2022	19/05/2023	10/07/2023	French	PDF
Micro model	31/12/2021	20/05/2022	06/06/2022	French	PDF
Micro model	31/12/2020	21/05/2021	19/08/2021	French	PDF
Micro model	31/12/2019	15/05/2020	12/06/2020	French	PDF
Micro model	31/12/2018	17/05/2019	12/06/2019	French	PDF
Micro model	31/12/2017	18/05/2018	15/06/2018	French	PDF
Abridged model	31/12/2016	19/05/2017	16/06/2017	French	PDF
Abridged model	31/12/2015	20/05/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	16/05/2014	19/08/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	20/08/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	31/05/2010	French	PDF
Abridged model	31/12/2008	15/05/2009	28/05/2009	French	PDF
Abridged model	31/12/2007	16/05/2008	23/07/2008	French	PDF
Abridged model	31/12/2006	18/05/2007	04/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 1 active · 1 ended

Active mandates

Laurent Casu

Director

Active

Ended mandates

laurent casu

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/01/2018
CAPITAL, ACTIONS
PDF
Capital / shares09/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares14/02/2006
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
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

2025
Annual accounts 202534,4 k €↑
2024
Annual accounts 202414,3 k €↓
2023
Annual accounts 202341,7 k €↑
2023
Name changeCOMPUTING SYSTEM ENGINEERING
2022
Annual accounts 20223,8 k €↓
2021
Annual accounts 202118,2 k €↑
2021
Name changeC.S.E.
2020
Annual accounts 20201,4 k €↑
2019
Annual accounts 2019-3,1 k €↓
2018
Annual accounts 201877,0 k €↓
2017
Annual accounts 201777,4 k €↑
2016
Annual accounts 201615,6 k €↓
2015
Annual accounts 201568,0 k €↓
2014
Annual accounts 201474,2 k €↑
2013
Annual accounts 201350,6 k €↑
2012
Annual accounts 201223,3 k €↑
2011
Annual accounts 201110,2 k €↓
2010
Annual accounts 201015,0 k €↑
2009
Annual accounts 200913,6 k €↓
2008
Annual accounts 200832,5 k €↑
2007
Annual accounts 200729,2 k €↑
2006
Annual accounts 200610,6 k €
21/02/1995
IncorporationPrivate limited company

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

COMPUTING SYSTEM ENGINEERING

Overview

What does COMPUTING SYSTEM ENGINEERING do?

Trend over 20 financial years

Indicative valuation

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