ACTIVE

Aspire Systems

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Financial year 2026 · closed on 25/03/2026
Net result
-39,3 k €
-16.3% YoY
Gross margin
-37,3 k €
-101.4% YoY
Equity
439,6 k €
-8.2% YoY

What does Aspire Systems do?

Aspire Systems is a Public limited company incorporated in 2006. Its main activity is: Computer consultancy activities. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0878.792.482
Incorporation
20/01/2006
Legal form
Public limited company
Registered office
Quellinstraat 49
2018 Antwerpen · FlandreSee on map
Contributed capital
306 515,23 €
Latest accounts
25/03/2026
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering80424Security and investigation activities85599Other education n.e.c.85599Other education n.e.c.
Joint committees (1)
  • 200
Signals
Solid equityLow risk
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202620252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin-37,3 k €-18,5 k €-18,1 k €86,5 k €84,7 k €239,4 k €245,9 k €233,8 k €221,1 k €3,7 k €164,5 k €36,5 k €-1,5 k €6,6 k €-6,9 k €27,4 k €-130 k €8,4 k €
EBITDA-38,2 k €-32,8 k €-22,2 k €-29,2 k €-34,9 k €221,8 k €243,9 k €233,1 k €212 k €-17,8 k €95,6 k €5,8 k €-2,2 k €6,1 k €-9 k €26,7 k €-130,5 k €8,1 k €
Operating result-38,2 k €-32,8 k €-22,2 k €-29,2 k €-35,1 k €221,5 k €243,9 k €232,9 k €211,6 k €-18,5 k €94,9 k €5,1 k €-2,7 k €5,8 k €-9 k €26,7 k €-130,5 k €7,3 k €
Net result-39,3 k €-33,8 k €-23,1 k €-31 k €-38 k €154,2 k €159,9 k €155,1 k €156,6 k €-9,6 k €248,2 k €3,7 k €-4 k €2,1 k €-31 k €24,2 k €-136,6 k €4,2 k €
Balance sheet
Equity439,6 k €478,9 k €512,7 k €535,8 k €566,8 k €1 M €879,4 k €719,4 k €564,4 k €407,8 k €417,4 k €169,2 k €165,4 k €169,5 k €-77,6 k €-46,6 k €-70,8 k €10,4 k €
Total assets439,6 k €481,7 k €521 k €570,8 k €615,5 k €1,3 M €1,4 M €1,4 M €993,5 k €760,6 k €557,6 k €309,4 k €261,4 k €281,1 k €201,2 k €228,1 k €190,6 k €78,5 k €
Cash439 k €480,8 k €505,7 k €549,7 k €470,1 k €723,3 k €496,9 k €562,3 k €325,2 k €261,2 k €233,4 k €4,4 k €22,1 k €35 k €35,2 k €45,5 k €38,7 k €12,5 k €
Debts0 €2,8 k €8,3 k €35 k €48,7 k €297,1 k €498,7 k €692,6 k €429,2 k €352,8 k €140,2 k €140,2 k €89,7 k €109,7 k €253,6 k €269,9 k €255,9 k €68 k €
Other
Workforce–0,0 ETP0,0 ETP1,0 ETP1,1 ETP0,2 ETP–––0,5 ETP1,0 ETP0,8 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 25/03/2026 · 2 active · 31 ended

Active mandates

Bhoovarahan Thirumalai Nambakkam

Director

Active
Sundaravadanam Prem Anand

Director

Active

Ended mandates

Gowri Subramanian

Director · since 06 mars 2014 · until 17 septembre 2019

Ended
Sridhar Subramanian

Director · since 06 mars 2014 · until 17 septembre 2019

Ended
IECON INTERNATIONAL

Director · since 19 juillet 2013 · 0471.340.024

Represented by BIPIN NAMBIAR

Ended
IECON INTERNATIONAL

Director · since 26 septembre 2012 · until 06 mars 2014 · 0471.340.024

Represented by Bipin Nambiar

Ended
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Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year25/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202613/08/202530/07/202414/09/202328/10/202221/10/2021
General meeting25/03/202617/07/202529/07/202431/08/202306/10/202224/09/2021
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
Abridged model25/03/202625/03/202629/04/2026DutchPDF
Abridged model31/03/202517/07/202513/08/2025DutchPDF
Abridged model31/03/202429/07/202430/07/2024DutchPDF
Abridged model31/03/202331/08/202314/09/2023DutchPDF
Abridged model31/03/202206/10/202228/10/2022DutchPDF
Abridged model31/03/202124/09/202121/10/2021DutchPDF
Abridged model31/03/202004/11/202030/11/2020DutchPDF
Abridged model31/03/201930/09/201922/10/2019DutchPDF
Abridged model31/03/201820/09/201818/10/2018DutchPDF
Abridged model31/03/201701/08/201728/08/2017DutchPDF
Abridged model31/03/201628/09/201613/10/2016DutchPDF
Abridged model31/03/201527/10/201528/10/2015DutchPDF
Abridged model31/03/201418/09/201416/10/2014DutchPDF
Abridged model31/03/201310/10/201331/10/2013DutchPDF
Abridged model31/03/201226/09/201227/09/2012DutchPDF
Abridged model31/03/201127/10/201104/11/2011DutchPDF
Abridged model31/03/201030/09/201004/10/2010DutchPDF
Abridged model31/03/200917/09/200908/10/2009DutchPDF
Abridged model31/03/200803/10/200820/10/2008DutchPDF
Abridged model31/03/200728/09/200726/10/2007DutchPDF
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 25/03/2026 · 2 active · 31 ended

Active mandates

Bhoovarahan Thirumalai Nambakkam

Director

Active
Sundaravadanam Prem Anand

Director

Active

Ended mandates

Gowri Subramanian

Director · since 06 mars 2014 · until 17 septembre 2019

Ended
Sridhar Subramanian

Director · since 06 mars 2014 · until 17 septembre 2019

Ended
IECON INTERNATIONAL

Director · since 19 juillet 2013 · 0471.340.024

Represented by BIPIN NAMBIAR

Ended
IECON INTERNATIONAL

Director · since 26 septembre 2012 · until 06 mars 2014 · 0471.340.024

Represented by Bipin Nambiar

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision11/05/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates15/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/05/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/09/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares17/12/2014
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates26/05/2014
    ONTSLAGEN - BENOEMINGEN
    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. 2026
    Annual accounts 2026-39,3 k €↓
  2. 2026
    Name changeAspire Systems in vereffening
  3. 2025
    Annual accounts 2025-33,8 k €↓
  4. 2024
    Annual accounts 2024-23,1 k €↑
  5. 2023
    Annual accounts 2023-31 k €↑
  6. 2022
    Annual accounts 2022-38 k €↓
  7. 2022
    Name changeAspire Systems
  8. 2019
    Annual accounts 2019154,2 k €↓
  9. 2018
    Annual accounts 2018159,9 k €↑
  10. 2017
    Annual accounts 2017155,1 k €↓
  11. 2016
    Annual accounts 2016156,6 k €↑
  12. 2015
    Annual accounts 2015-9,6 k €↓
  13. 2014
    Annual accounts 2014248,2 k €↑
  14. 2013
    Annual accounts 20133,7 k €↑
  15. 2012
    Annual accounts 2012-4 k €↓
  16. 2011
    Annual accounts 20112,1 k €↑
  17. 2010
    Annual accounts 2010-31 k €↓
  18. 2009
    Annual accounts 200924,2 k €↑
  19. 2008
    Annual accounts 2008-136,6 k €↓
  20. 2007
    Annual accounts 20074,2 k €
  21. 20/01/2006
    IncorporationPublic limited company