ACTIVE

SYSTEM CREATOR

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

32 k €

-28.6% YoY

Gross margin

57,7 k €

-26.8% YoY

Equity

302,4 k €

-3.6% YoY

What does SYSTEM CREATOR do?

SYSTEM CREATOR is a Private limited company incorporated in 2001. Its main activity is: Computer programming activities. Its registered office is in Mol.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.632.480

Incorporation

26/04/2001

Legal form

Private limited company

Registered office

Ezaartveld 80
2400 Mol · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	57,7 k €	-26.8%	78,8 k €	+37.0%	57,5 k €	+2.7%	56 k €	-8.9%	61,5 k €	-8.3%	67,1 k €	-13.8%	77,8 k €	-9.4%	85,9 k €	+93.6%	44,4 k €	+343%	-18,2 k €	-127%	66,9 k €	+46.8%	45,6 k €	-12.3%	52 k €	+12.8%	46,1 k €	-9.2%	50,8 k €	+1.6%	50 k €	+11.8%	44,7 k €	+65.4%	27 k €	+22.5%	22,1 k €	-1.1%	22,3 k €
EBITDA	57,6 k €	-26.8%	78,7 k €	+37.1%	57,4 k €	+2.9%	55,8 k €	-5.9%	59,2 k €	-11.3%	66,8 k €	-14.0%	77,7 k €	-9.4%	85,7 k €	+94.0%	44,2 k €	+340%	-18,4 k €	-128%	66,7 k €	+46.9%	45,4 k €	-12.5%	51,9 k €	+12.8%	46 k €	-9.2%	50,7 k €	+2.7%	49,4 k €	+13.0%	43,7 k €	+75.4%	24,9 k €	+20.6%	20,7 k €	-0.3%	20,7 k €
Operating result	52,3 k €	-28.7%	73,4 k €	+42.3%	51,6 k €	+3.0%	50 k €	-9.8%	55,5 k €	-13.2%	63,9 k €	-9.3%	70,4 k €	-1.6%	71,6 k €	+130%	31,1 k €	+190%	-34,7 k €	-169%	50,6 k €	+74.3%	29 k €	-20.2%	36,4 k €	+39.1%	26,2 k €	-14.5%	30,6 k €	+6.0%	28,8 k €	+3.9%	27,7 k €	+104%	13,6 k €	+20.2%	11,3 k €	-1.2%	11,4 k €
Net result	32 k €	-28.6%	44,8 k €	+40.6%	31,9 k €	+1.8%	31,3 k €	-12.4%	35,8 k €	-14.7%	41,9 k €	-3.2%	43,3 k €	+0.3%	43,2 k €	+53.8%	28,1 k €	+176%	-37,1 k €	-225%	29,6 k €	+56.3%	18,9 k €	-14.6%	22,2 k €	+49.7%	14,8 k €	+140%	6,2 k €	-67.2%	18,8 k €	+6.6%	17,7 k €	+42.5%	12,4 k €	+59.5%	7,8 k €	+16.5%	6,7 k €
Balance sheet
Equity	302,4 k €	-3.6%	313,7 k €	-7.8%	340,2 k €	+10.3%	308,3 k €	-3.1%	318 k €	-2.2%	325,3 k €	+14.8%	283,4 k €	+18.0%	240,1 k €	+21.9%	196,9 k €	+16.6%	168,9 k €	-18.0%	205,9 k €	+16.8%	176,4 k €	+12.0%	157,4 k €	+16.4%	135,3 k €	+12.3%	120,5 k €	+5.4%	114,3 k €	+70.1%	67,2 k €	+35.7%	49,5 k €	+33.4%	37,1 k €	+26.5%	29,4 k €
Total assets	464,5 k €	+3.1%	450,3 k €	+5.2%	427,9 k €	+7.8%	397 k €	+4.1%	381,3 k €	+10.2%	346 k €	+17.0%	295,8 k €	+2.7%	287,9 k €	+22.6%	234,9 k €	+34.8%	174,2 k €	-17.3%	210,6 k €	+14.0%	184,8 k €	-4.0%	192,5 k €	+9.9%	175,2 k €	+5.4%	166,3 k €	-7.9%	180,5 k €	+27.0%	142,2 k €	+19.7%	118,8 k €	+38.9%	85,5 k €	-3.7%	88,7 k €
Cash	13,8 €	0.0%	13,8 €	0.0%	13,8 €	0.0%	13,8 €	-96.8%	426,1 €	-48.8%	832,6 €	-73.7%	3,2 k €	-90.9%	35 k €	+371%	7,4 k €	-52.0%	15,5 k €	-73.3%	58 k €	+264%	15,9 k €	-26.5%	21,6 k €	-10.7%	24,2 k €	+94.0%	12,5 k €	-8.4%	13,6 k €	+8.1%	12,6 k €	-10.3%	14,1 k €	+6.1%	13,3 k €	-17.5%	16,1 k €
Debts	162,1 k €	+18.6%	136,6 k €	+55.7%	87,8 k €	-1.0%	88,7 k €	+40.2%	63,2 k €	+205%	20,7 k €	+67.6%	12,4 k €	-74.1%	47,8 k €	+25.9%	37,9 k €	+611%	5,3 k €	+14.9%	4,6 k €	-44.6%	8,4 k €	-76.1%	35,1 k €	-12.2%	40 k €	-12.8%	45,8 k €	-19.8%	57,1 k €	-23.8%	75 k €	+8.3%	69,2 k €	+43.2%	48,4 k €	-18.5%	59,4 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 · 1 active · 1 ended

Active mandates

STEFAN CUYVERS

Manager · since 20 avril 2001

Active

Ended mandates

STEFAN CUYVERS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Duikschool Aeginor● Active	0463.112.840
S.C. IMMO● Active	0477.293.745

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	19/06/2026	24/06/2025	20/06/2024	29/06/2023	23/06/2022	07/07/2021
General meeting	16/06/2026	16/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/06/2026	19/06/2026	Dutch	PDF
Micro model	31/12/2024	16/06/2025	24/06/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	20/06/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	07/07/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	07/06/2019	Dutch	PDF
Abridged model	31/12/2017	03/06/2018	06/06/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	19/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	04/06/2007	Dutch	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

STEFAN CUYVERS

Manager · since 20 avril 2001

Active

Ended mandates

STEFAN CUYVERS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/04/2024
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Other02/09/2008
DOEL - 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

2025
Annual accounts 202532 k €↓
2024
Annual accounts 202444,8 k €↑
2023
Annual accounts 202331,9 k €↑
2022
Annual accounts 202231,3 k €↓
2021
Annual accounts 202135,8 k €↓
2020
Annual accounts 202041,9 k €↓
2019
Annual accounts 201943,3 k €↑
2018
Annual accounts 201843,2 k €↑
2017
Annual accounts 201728,1 k €↑
2016
Annual accounts 2016-37,1 k €↓
2015
Annual accounts 201529,6 k €↑
2014
Annual accounts 201418,9 k €↓
2013
Annual accounts 201322,2 k €↑
2012
Annual accounts 201214,8 k €↑
2011
Annual accounts 20116,2 k €↓
2010
Annual accounts 201018,8 k €↑
2009
Annual accounts 200917,7 k €↑
2008
Annual accounts 200812,4 k €↑
2007
Annual accounts 20077,8 k €↑
2006
Annual accounts 20066,7 k €
26/04/2001
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

SYSTEM CREATOR

Overview

What does SYSTEM CREATOR 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