ACTIVE

HIGH SYSTEMS

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Financial year 2025 · closed on 31/12/2025

Net result

61 k €

+126.0% YoY

Gross margin

627,6 k €

+40.4% YoY

Equity

162,7 k €

+59.9% YoY

What does HIGH SYSTEMS do?

HIGH SYSTEMS is a Private limited company incorporated in 1996. Its registered office is in Mont-Saint-Guibert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.045.192

Incorporation

22/01/1996

Legal form

Private limited company

Registered office

Rue Haute 51
1435 Mont-Saint-Guibert · WallonieSee on map

Contributed capital

328 750,00 €

Latest accounts

31/12/2025

Joint committees (3)

14901
2000
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	627,6 k €	+40.4%	446,9 k €	+33.3%	335,2 k €	-28.0%	465,9 k €	+10.5%	421,6 k €	-4.2%	440 k €	+40.5%	313,1 k €	-17.9%	381,2 k €	-21.4%	484,7 k €	+16.0%	417,9 k €	-22.1%	536,7 k €	+15.1%	466,3 k €	+8.8%	428,7 k €	+13.9%	376,4 k €	-5.9%	400,2 k €	+56.1%	256,4 k €	-31.5%	374,5 k €	+0.8%	371,5 k €	-0.6%	373,5 k €	+20.1%	311 k €
EBITDA	168,2 k €	+72.1%	97,7 k €	+211%	-88 k €	-278%	49,5 k €	+364%	-18,7 k €	-137%	51,2 k €	+318%	12,3 k €	-81.2%	65,3 k €	+0.6%	65 k €	+24.9%	52 k €	-46.2%	96,7 k €	+33.7%	72,3 k €	+53.1%	47,2 k €	+616%	6,6 k €	-92.0%	82,4 k €	+172%	30,3 k €	-74.6%	119,3 k €	-5.6%	126,4 k €	+7.6%	117,4 k €	+38.0%	85,1 k €
Operating result	122,1 k €	+79.0%	68,2 k €	+157%	-120,7 k €	-973%	13,8 k €	+108%	-165,9 k €	-1038%	17,7 k €	+209%	-16,3 k €	-147%	34,5 k €	+85.1%	18,6 k €	+424%	-5,7 k €	-115%	37,4 k €	+324%	8,8 k €	+148%	-18,2 k €	+52.0%	-38 k €	-163%	60,8 k €	+785%	6,9 k €	-93.3%	102,8 k €	-3.3%	106,3 k €	+14.9%	92,4 k €	+44.4%	64 k €
Net result	61 k €	+126%	27 k €	+119%	-143,3 k €	-767%	-16,5 k €	+91.8%	-202,2 k €	-1526%	-12,4 k €	+61.5%	-32,3 k €	-248%	21,8 k €	+10584%	204 €	+101%	-16,4 k €	-180%	20,5 k €	+385%	-7,2 k €	+29.8%	-10,3 k €	+77.4%	-45,3 k €	-202%	44,2 k €	+496%	7,4 k €	-89.7%	72,3 k €	-8.3%	78,8 k €	+23.8%	63,6 k €	+43.8%	44,3 k €
Balance sheet
Equity	162,7 k €	+59.9%	101,7 k €	+36.1%	74,8 k €	-65.7%	218 k €	+389%	-75,4 k €	-160%	126,8 k €	-8.9%	139,2 k €	-18.8%	171,5 k €	+14.6%	149,7 k €	+0.1%	149,5 k €	-9.9%	165,9 k €	+14.1%	145,4 k €	-4.7%	152,6 k €	-6.3%	162,8 k €	-21.8%	208,1 k €	+27.0%	163,9 k €	+4.7%	156,5 k €	-21.4%	199,3 k €	-15.4%	235,5 k €	+37.0%	171,8 k €
Total assets	774,2 k €	+3.6%	747,3 k €	+70.8%	437,5 k €	-18.5%	536,6 k €	-17.7%	651,7 k €	-26.2%	882,7 k €	+41.6%	623,4 k €	+10.3%	565,2 k €	-14.2%	658,7 k €	-3.3%	680,9 k €	-0.3%	683,2 k €	-5.5%	723,3 k €	-2.2%	739,3 k €	+12.3%	658,3 k €	+75.5%	375,2 k €	+11.6%	336 k €	-0.0%	336,1 k €	-18.8%	414 k €	+5.0%	394,4 k €	+18.7%	332,3 k €
Cash	69,8 k €	+289%	18 k €	+304%	4,4 k €	-89.0%	40,6 k €	+94.5%	20,9 k €	+709%	2,6 k €	-70.5%	8,7 k €	+3322%	255,5 €		–		2,2 €	-100.0%	26,2 k €	-47.0%	49,4 k €	+1043%	4,3 k €	-85.5%	29,7 k €	-72.9%	109,7 k €	+1.1%	108,5 k €	+22.5%	88,5 k €	-38.3%	143,5 k €	+65.5%	86,8 k €	+35.2%	64,2 k €
Debts	610,9 k €	-5.4%	645,6 k €	+78.0%	362,7 k €	+13.9%	318,5 k €	-56.2%	727,2 k €	-3.2%	751,5 k €	+55.2%	484,2 k €	+23.0%	393,7 k €	-22.6%	509 k €	-4.2%	531,4 k €	+2.7%	517,3 k €	-10.5%	577,9 k €	-1.5%	586,7 k €	+18.4%	495,5 k €	+197%	167 k €	-2.9%	172,1 k €	-4.1%	179,6 k €	-16.4%	214,7 k €	+35.2%	158,8 k €	-0.6%	159,7 k €
Other
Workforce	–		7,1 ETP		–		8,1 ETP	-4.7%	8,5 ETP	+14.9%	7,4 ETP		–		–		–		8,1 ETP	-17.3%	9,8 ETP	+14.0%	8,6 ETP	+3.6%	8,3 ETP	-2.4%	8,5 ETP	+7.6%	7,9 ETP	+97.5%	4,0 ETP	-33.3%	6,0 ETP	-1.6%	6,1 ETP	+1.7%	6,0 ETP	0.0%	6,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

GLR INVEST

Director · since 01 janvier 2025 · 1018.104.575

Represented by Lionel Reul

Active

KEY-ROS

Director · since 01 janvier 2025 · 1018.104.971

Represented by Sébastien Bourgys

Active

Ended mandates

ANGELO BUTERA

Manager

Ended

Djoé Callens

Director

Ended

GLR INVEST

Director · 1018.104.575

Represented by Lionel REUL

Ended

HIGH SECURITY

Director · 0891.255.893

Represented by Lionel REUL

Ended

At this address

Other companies at this address

Company	CBE no.
HARES IMMO● Active	0818.898.447
MESYS● Active	1012.761.954
TRO4 CONSULT● Active	0764.916.264

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Micro model	Abridged model	Abridged model	Abridged 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	18/06/2026	05/08/2025	19/08/2024	17/08/2023	22/11/2022	30/08/2021
General meeting	18/06/2026	30/06/2025	28/06/2024	17/08/2023	17/10/2022	30/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/06/2026	18/06/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	05/08/2025	French	PDF
Micro modelCorrection	31/12/2023	28/06/2024	19/08/2024	French	PDF
Micro model	31/12/2023	28/06/2024	08/08/2024	French	PDF
Abridged model	31/12/2022	17/08/2023	17/08/2023	French	PDF
Abridged model	31/12/2021	17/10/2022	22/11/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	24/09/2020	French	PDF
Micro model	31/12/2018	30/06/2019	19/09/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	07/07/2018	French	PDF
Abridged model	31/12/2016	13/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	23/08/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	18/08/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	11/09/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	17/09/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	16/06/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	03/07/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	07/07/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	13/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 10 ended

Active mandates

GLR INVEST

Director · since 01 janvier 2025 · 1018.104.575

Represented by Lionel Reul

Active

KEY-ROS

Director · since 01 janvier 2025 · 1018.104.971

Represented by Sébastien Bourgys

Active

Ended mandates

ANGELO BUTERA

Manager

Ended

Djoé Callens

Director

Ended

GLR INVEST

Director · 1018.104.575

Represented by Lionel REUL

Ended

HIGH SECURITY

Director · 0891.255.893

Represented by Lionel REUL

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates01/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates11/01/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates11/05/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office12/10/2020
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates20/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates16/01/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office18/12/2012
SIEGE SOCIAL
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 202561 k €↑
2024
Annual accounts 202427 k €↑
2023
Annual accounts 2023-143,3 k €↓
2022
Annual accounts 2022-16,5 k €↑
2021
Annual accounts 2021-202,2 k €↓
2020
Annual accounts 2020-12,4 k €↑
2019
Annual accounts 2019-32,3 k €↓
2018
Annual accounts 201821,8 k €↑
2017
Annual accounts 2017204 €↑
2016
Annual accounts 2016-16,4 k €↓
2015
Annual accounts 201520,5 k €↑
2014
Annual accounts 2014-7,2 k €↑
2013
Annual accounts 2013-10,3 k €↑
2012
Annual accounts 2012-45,3 k €↓
2011
Annual accounts 201144,2 k €↑
2010
Annual accounts 20107,4 k €↓
2009
Annual accounts 200972,3 k €↓
2008
Annual accounts 200878,8 k €↑
2007
Annual accounts 200763,6 k €↑
2006
Annual accounts 200644,3 k €
22/01/1996
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

HIGH SYSTEMS

Overview

What does HIGH SYSTEMS do?

Trend over 20 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