ACTIVE

SYSTEM TECHNOLOGIES

Financial year 2025 · closed on 31/12/2025
Net result
113,2 k €
+123.1% YoY
Gross margin
162,5 k €
+183.2% YoY
Equity
301,9 k €
-27.6% YoY

What does SYSTEM TECHNOLOGIES do?

SYSTEM TECHNOLOGIES is a Private limited company incorporated in 1995. Its registered office is in Kortemark.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0456.154.871
Incorporation
26/09/1995
Legal form
Private limited company
Registered office
Stationsstraat 4
8610 Kortemark · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201820172016201520142013201220112010200920082007
Income statement
Gross margin162,5 k €57,4 k €60,3 k €81,8 k €155 k €83,8 k €132,1 k €187,6 k €128 k €7 k €129,1 k €115,6 k €94,1 k €224,1 k €-3,6 k €-4 k €-9,4 k €
EBITDA161,5 k €56,5 k €59,4 k €81,1 k €153,9 k €5,9 k €129,2 k €184,2 k €124,4 k €5,3 k €125,2 k €113,9 k €90,5 k €222,5 k €-7,1 k €-4,5 k €-693,5 k €
Operating result138,3 k €46,4 k €48,7 k €78 k €151,6 k €46,2 k €108 k €163,4 k €104,3 k €665,2 €107,6 k €97 k €73,8 k €208 k €-21 k €-4,5 k €-74,2 k €
Net result113,2 k €50,7 k €44,7 k €74,1 k €121,3 k €52,7 k €113,6 k €160,4 k €82,9 k €953,3 €116,6 k €101,4 k €76,4 k €206,6 k €-20,2 k €-1,4 k €-74,4 k €
Balance sheet
Equity301,9 k €416,8 k €439,8 k €395 k €320,9 k €166,4 k €113,7 k €110 k €109,7 k €26,8 k €25,9 k €29,3 k €47,9 k €91,5 k €34,9 k €55,1 k €56,5 k €
Total assets653,2 k €567,9 k €517,2 k €529,8 k €468,9 k €230,2 k €272,2 k €353,6 k €292 k €93 k €155,3 k €167,1 k €189,7 k €292,6 k €84,5 k €61,8 k €66,2 k €
Cash4 k €9,7 k €820,1 €7 k €16,5 k €2,2 k €13,8 k €325,9 €9,9 k €6,1 k €1,8 k €2,8 k €4 k €50 k €12,7 €21,4 €581,6 €
Debts351,3 k €150,9 k €76,3 k €134,1 k €147,5 k €63,8 k €158,5 k €243,6 k €178,3 k €66,2 k €129,5 k €137,8 k €141,7 k €201 k €49,1 k €6,7 k €9,8 k €
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 · 2 active · 6 ended

Active mandates

Clybouw Sabine

Director

Active
Opsomer FREDERIC

Director

Active

Ended mandates

Clybouw Sabine

Director · since 15 juillet 2019

Ended
Opsomer Frederic

Director · since 15 juillet 2019

Ended
Sabine Clybouw

Director · since 01 août 2017

Ended
Sabine Clybouw

Manager · since 01 août 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202608/07/202521/05/202420/07/202314/07/202231/08/2021
General meeting13/05/202620/06/202516/05/202430/06/202317/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/05/202603/06/2026DutchPDF
Micro model31/12/202420/06/202508/07/2025DutchPDF
Micro model31/12/202316/05/202421/05/2024DutchPDF
Micro model31/12/202230/06/202320/07/2023DutchPDF
Micro model31/12/202117/06/202214/07/2022DutchPDF
Micro model31/12/202030/06/202131/08/2021DutchPDF
Micro model31/12/201908/09/202007/10/2020DutchPDF
Abridged model16/08/201801/10/201805/11/2018DutchPDF
Abridged model16/08/201730/09/201730/10/2017DutchPDF
Abridged model16/08/201630/09/201628/10/2016DutchPDF
Abridged model16/08/201502/11/201510/11/2015DutchPDF
Abridged model16/08/201405/09/201420/11/2014DutchPDF
Abridged model16/08/201306/09/201304/12/2013DutchPDF
Abridged model16/08/201207/09/201216/11/2012DutchPDF
Abridged model16/08/201102/09/201114/11/2011DutchPDF
Abridged model16/08/201003/09/201030/11/2010DutchPDF
Abridged model16/08/200904/09/200927/11/2009DutchPDF
Abridged model16/08/200805/09/200807/01/2009DutchPDF
Abridged model16/08/200707/09/200707/12/2007DutchPDF
Abridged model16/08/200601/09/200604/01/2007DutchPDF
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 · 2 active · 6 ended

Active mandates

Clybouw Sabine

Director

Active
Opsomer FREDERIC

Director

Active

Ended mandates

Clybouw Sabine

Director · since 15 juillet 2019

Ended
Opsomer Frederic

Director · since 15 juillet 2019

Ended
Sabine Clybouw

Director · since 01 août 2017

Ended
Sabine Clybouw

Manager · since 01 août 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2019
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates22/08/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office11/09/2006
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares11/10/2005
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares05/09/2005
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares21/01/2003
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025113,2 k €
  2. 2024
    Annual accounts 202450,7 k €
  3. 2023
    Annual accounts 202344,7 k €
  4. 2022
    Annual accounts 202274,1 k €
  5. 2021
    Annual accounts 2021121,3 k €
  6. 2018
    Annual accounts 201852,7 k €
  7. 2017
    Annual accounts 2017113,6 k €
  8. 2016
    Annual accounts 2016160,4 k €
  9. 2015
    Annual accounts 201582,9 k €
  10. 2014
    Annual accounts 2014953,3 €
  11. 2013
    Annual accounts 2013116,6 k €
  12. 2012
    Annual accounts 2012101,4 k €
  13. 2011
    Annual accounts 201176,4 k €
  14. 2010
    Annual accounts 2010206,6 k €
  15. 2009
    Annual accounts 2009-20,2 k €
  16. 2008
    Annual accounts 2008-1,4 k €
  17. 2007
    Annual accounts 2007-74,4 k €
  18. 26/09/1995
    IncorporationPrivate limited company