ACTIVE

Service System & Software Development

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Financial year 2024 · closed on 31/12/2024

Net result

3,7 k €

+98.2% YoY

Gross margin

8,6 k €

+53.0% YoY

Equity

37,7 k €

+10.7% YoY

What does Service System & Software Development do?

Service System & Software Development is a Private company with limited liability incorporated in 2007. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.977.869

Incorporation

11/06/2007

Legal form

Private company with limited liability

Registered office

Terliststraat 5
2018 Antwerpen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Activities (NACE)

47400Retail sale of information and communication equipment in specialised stores· main 47410Retail sale of computers, peripheral units and software in specialised stores 52487Warehousing and support activities for transportation 58290Other software publishing 58290Other software publishing 62010Computer programming activities+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	8,6 k €	+53.0%	5,6 k €	+1256%	413,6 €	-84.9%	2,7 k €	-69.4%	8,9 k €	-15.2%	10,5 k €	-65.6%	30,6 k €	+41.1%	21,7 k €	-41.7%	37,2 k €	+39.5%	26,7 k €	-9.3%	29,4 k €	-3.7%	30,6 k €	+6.0%	28,8 k €	+23.1%	23,4 k €	+16.7%	20,1 k €	-12.4%	22,9 k €	+319%	5,5 k €	-9.9%	6,1 k €
EBITDA	5,5 k €	+76.2%	3,1 k €	+242%	-2,2 k €	-4579%	48,7 €	-99.2%	6,3 k €	-28.1%	8,7 k €	-69.7%	28,9 k €	+41.4%	20,4 k €	-43.1%	35,9 k €	+44.4%	24,9 k €	-13.1%	28,6 k €	-1.3%	29,0 k €	+4.3%	27,8 k €	+26.3%	22,0 k €	+14.1%	19,3 k €	+14.6%	16,8 k €	+446%	3,1 k €	-42.9%	5,4 k €
Operating result	5,5 k €	+76.2%	3,1 k €	+242%	-2,2 k €	-4579%	48,7 €	-99.2%	6,3 k €	-28.1%	8,7 k €	-69.7%	28,9 k €	+41.4%	20,4 k €	-41.5%	35,0 k €	+40.6%	24,9 k €	-13.1%	28,6 k €	+12.1%	25,5 k €	+4.9%	24,3 k €	+31.2%	18,5 k €	+17.2%	15,8 k €	+18.4%	13,4 k €	+381%	2,8 k €	-46.8%	5,2 k €
Net result	3,7 k €	+98.2%	1,8 k €	+188%	-2,1 k €	-190%	-727,8 €	-119%	3,8 k €	-38.5%	6,3 k €	-77.3%	27,5 k €	+45.4%	18,9 k €	-41.6%	32,4 k €	+36.1%	23,8 k €	-13.9%	27,7 k €	+16.1%	23,8 k €	+5.2%	22,6 k €	+32.2%	17,1 k €	+27.2%	13,5 k €	+30.7%	10,3 k €	+327%	2,4 k €	-41.8%	4,1 k €
Balance sheet
Equity	37,7 k €	+10.7%	34,1 k €	+5.7%	32,2 k €	-6.1%	34,4 k €	-2.1%	35,1 k €	+12.3%	31,2 k €	+11.7%	28,0 k €	+10.0%	25,4 k €	+8.2%	23,5 k €	+29.9%	18,1 k €	-6.2%	19,3 k €	+9.4%	17,6 k €	+11.5%	15,8 k €	+7.8%	14,7 k €	+8.4%	13,5 k €	+3.6%	13,1 k €	+2.4%	12,8 k €	+23.3%	10,3 k €
Total assets	46,8 k €	+10.7%	42,3 k €	-0.2%	42,4 k €	-32.3%	62,7 k €	+4.8%	59,8 k €	+5.4%	56,8 k €	-7.2%	61,2 k €	+9.2%	56,0 k €	-5.9%	59,5 k €	-2.8%	61,3 k €	+16.9%	52,4 k €	+13.6%	46,1 k €	-5.0%	48,5 k €	+6.6%	45,5 k €	+4.9%	43,4 k €	-29.4%	61,5 k €	+60.5%	38,3 k €	+86.7%	20,5 k €
Cash	5,6 k €	-9.9%	6,2 k €	+10.4%	5,6 k €	+12.7%	5,0 k €	-43.0%	8,8 k €	+16.7%	7,5 k €	-19.3%	9,3 k €	-33.1%	14,0 k €	+2.5%	13,6 k €	-5.7%	14,5 k €	+622%	2,0 k €	-15.6%	2,4 k €	+521%	382,2 €	-82.0%	2,1 k €	+118%	976,7 €	-75.1%	3,9 k €	-46.3%	7,3 k €	+50.3%	4,9 k €
Debts	9,1 k €	+10.5%	8,2 k €	-19.0%	10,2 k €	-64.1%	28,3 k €	+14.5%	24,7 k €	-3.1%	25,5 k €	-23.1%	33,2 k €	+8.5%	30,6 k €	-15.1%	36,0 k €	-16.6%	43,2 k €	+30.3%	33,1 k €	+16.2%	28,5 k €	-12.9%	32,7 k €	+6.1%	30,8 k €	+3.3%	29,9 k €	-38.3%	48,4 k €	+89.6%	25,5 k €	+151%	10,2 k €

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 31/12/2024 · 1 active · 1 ended

Active mandates

Pitagoras Georgiou

Director

Active

Ended mandates

Pitagoras Georgiou

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	15/08/2024	29/09/2023	22/09/2022	28/10/2021	05/11/2020
General meeting	29/09/2025	17/07/2024	31/08/2023	24/06/2022	25/06/2021	08/09/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	29/09/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	17/07/2024	15/08/2024	Dutch	PDF
Micro model	31/12/2022	31/08/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	22/09/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	05/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	26/09/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	02/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	11/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/09/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	30/10/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	28/10/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	19/10/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	30/09/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	29/08/2008	Dutch	PDF

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 31/12/2024 · 1 active · 1 ended

Active mandates

Pitagoras Georgiou

Director

Active

Ended mandates

Pitagoras Georgiou

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 20243,7 k €↑
2023
Annual accounts 20231,8 k €↑
2022
Annual accounts 2022-2,1 k €↓
2021
Annual accounts 2021-727,8 €↓
2020
Annual accounts 20203,8 k €↓
2019
Annual accounts 20196,3 k €↓
2018
Annual accounts 201827,5 k €↑
2017
Annual accounts 201718,9 k €↓
2016
Annual accounts 201632,4 k €↑
2015
Annual accounts 201523,8 k €↓
2014
Annual accounts 201427,7 k €↑
2013
Annual accounts 201323,8 k €↑
2012
Annual accounts 201222,6 k €↑
2011
Annual accounts 201117,1 k €↑
2010
Annual accounts 201013,5 k €↑
2009
Annual accounts 200910,3 k €↑
2008
Annual accounts 20082,4 k €↓
2007
Annual accounts 20074,1 k €
11/06/2007
IncorporationPrivate company with limited liability

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

Service System & Software Development

Overview

What does Service System & Software Development do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline