ACTIVE

System-Inox

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Financial year 2025 · closed on 31/12/2025
Net result
14,9 k €
+351.1% YoY
Gross margin
198,3 k €
-33.9% YoY
Equity
282,8 k €
+2.5% YoY
Workforce
1,3 ETP
-56.7% YoY

What does System-Inox do?

System-Inox is a Private limited company incorporated in 2017. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Héron. It employs on average 1,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0672.630.365
Incorporation
13/03/2017
Legal form
Private limited company
Registered office
Rue d'Envoz 15 a
4218 Héron · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,3 ETP
Activities (NACE)
25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main25620Machining33120Repair of machinery33120Repair of machinery82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.+2
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 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin198,3 k €299,9 k €267,6 k €271,2 k €333,2 k €262,9 k €229,5 k €154,4 k €-731,4 €
EBITDA149,4 k €167,1 k €181,4 k €158,6 k €183,4 k €108,7 k €101,9 k €10,7 k €-19,2 k €
Operating result22,7 k €13,5 k €25,3 k €12,6 k €70,2 k €22,9 k €20 k €-33 k €-40,9 k €
Net result14,9 k €3,3 k €4,8 k €-9,7 k €47,1 k €1,5 k €-1,1 k €-48,9 k €-42,2 k €
Balance sheet
Equity282,8 k €276 k €280,9 k €162,3 k €172 k €-72,1 k €-73,6 k €-72,4 k €-23,6 k €
Total assets970,6 k €1,1 M €1,2 M €1,3 M €1 M €705,2 k €748,7 k €577,2 k €531,8 k €
Cash2,8 k €6,6 k €2,4 k €1,7 k €4,2 k €12,5 k €30,9 €16,1 k €38,1 k €
Debts642,8 k €736,5 k €910,3 k €1,2 M €828,2 k €777,3 k €822,3 k €649,6 k €555,4 k €
Other
Workforce1,3 ETP3,0 ETP2,0 ETP109 948,3 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Nicolas Daix

Mandate

Active
Vincent Servais

Mandate

Active

Ended mandates

Nicolas Daix

Manager · since 10 mars 2017

Ended
Vincent Servais

Manager · since 10 mars 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date21/08/202630/07/202524/06/202430/08/202328/06/202201/06/2021
General meeting17/04/202620/06/202520/06/202430/06/202316/04/202231/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/04/202621/08/2026FrenchPDF
Abridged model31/12/202420/06/202530/07/2025FrenchPDF
Abridged model31/12/202320/06/202424/06/2024FrenchPDF
Abridged model31/12/202230/06/202330/08/2023FrenchPDF
Micro model31/12/202116/04/202228/06/2022FrenchPDF
Micro model31/12/202031/05/202101/06/2021FrenchPDF
Micro model31/12/201930/06/202011/08/2020FrenchPDF
Micro model31/12/201820/04/201924/09/2019FrenchPDF
Micro model31/12/201721/04/201825/09/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 ended

Active mandates

Nicolas Daix

Mandate

Active
Vincent Servais

Mandate

Active

Ended mandates

Nicolas Daix

Manager · since 10 mars 2017

Ended
Vincent Servais

Manager · since 10 mars 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/01/2019
    SIEGE SOCIAL
    PDF
  • Other15/03/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202514,9 k €↑
  2. 2024
    Annual accounts 20243,3 k €↓
  3. 2023
    Annual accounts 20234,8 k €↑
  4. 2022
    Annual accounts 2022-9,7 k €↓
  5. 2021
    Annual accounts 202147,1 k €↑
  6. 2020
    Annual accounts 20201,5 k €↑
  7. 2019
    Annual accounts 2019-1,1 k €↑
  8. 2018
    Annual accounts 2018-48,9 k €↓
  9. 2017
    Annual accounts 2017-42,2 k €
  10. 13/03/2017
    IncorporationPrivate limited company