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Ath-Syndic

Active Private limited companyfounded 2023active for 3 yearsRue Léon Trulin 1, 7800 AthKBO/BCE: BE 1000.397.325

Lifetime

3 annual accounts with figures on one time axis
peak €17,499 (2025)
€17,499▲ €23,557
lowest -€7,280 (2024)
€7,018▲ €14,298
peak €12,492 (2023)
€12,230▲ 135%
€12,054▲ 23.0%
Board1 name since 2023
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from -€6,058 to €17,499Back to profit: €7,018Equity from €5,212 to €12,230Debts from €9,804 to €12,054Cash from €6,824 to €20,062

Key points

from the 2025 annual accounts

Turnover

≈ €68,000 estimated

The micro format states no turnover.

Liquidity

1.97 was 1.45 in 2024

Short-term debts rose from €9,804 to €12,054.

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2025 accounts came latest: 30 days after the end of the period.

Checked score

91
Excellent
Financially stronger than 84% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.6 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

75+15equity 50.4% of total assets
75+10short-term debt 49.6% · cash 82.6%
100+100return on assets 28.9%

Score breakdown

raises risk
Size: total assets €24,284
1 change of registered office in 24 months
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 1.97, cash €20,062
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 64% of them on solvency, 83% on liquidity, 95% on profitability and 93% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Ath-Syndic has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Ath-Syndic itself is lower: 0.3% within 12 months. It rests on far more data about Ath-Syndic than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Ath-Syndic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.97 (1.45 in 2024), above the usual 1.5. Short-term debt is 49.6% and cash 82.6% of total assets. 49.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 1.97, cash €20,062
NBB · annual accounts
raises risk · Size: total assets €24,284
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
30 days late
2024
26 days late
2023
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 28 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

LR
Director, since 27-09-2023
  • Romain LAURENT all the sharesdeed of 01-07-2026
Board & ownership

Recent changes

Registered office moved from Beloeil to Ath New registered office: Rue Léon Trulin 1, 7800 Ath · Previous registered office: Rue des Charbonniers 23, 7973 Beloeil · Romain LAURENT holds all the shares · General meeting of 11-04-2026 · Gazette deed
Incorporation Founding capital of €1,000, 100 shares · Founder: LAURENT Romain Etienne Philippe · Appointment: LAURENT Romain Etienne Philippe (director) · published on 29-09-2023 · Gazette deed
First establishment Rue de Nazareth 15-17, Ath
All 8 events

Comparable companies

same main activity, similar in size and age
Company
Ath-Syndic Ath €24,284 €17,499 50.4% -
MAZ IMMO Sprimont €30,692 €18,862 63.1% -
SIMCO SYNDIC Etterbeek €30,976 €14,617 73.1% -
Primo-Syndic Braine-le-Comte €27,565 €23,629 51.0% -
Via-G Mutual Investment Braine-le-Comte €26,894 €12,476 -48.6% -
Charles Immo Invest Beersel €29,772 €18,044 18.7% -
LA MOUCHE Woluwe-Saint-Pierre €31,448 €13,416 54.2% -

These companies have the same main activity as Ath-Syndic: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €26,900 and €31,400, founded between 2022 and 2024.

Official details

Source: KBO
Status
Active since 27-09-2023Normal situation
Activity
Property management for co-owned buildings (syndics)NACE 68321
Establishment unit
2.350.529.6357800 Ath, since 27-09-2023
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€24,284▲ 61.7%
Filing
Filed on 30-08-2026
Financials

Insights on Ath-Syndic

Ath-Syndic files the micro format. That format states no turnover. The gross margin rose from €14,653 in 2023 to €17,499 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Ath-Syndic

What is the company number of Ath-Syndic?
The company number of Ath-Syndic is 1000.397.325. The VAT number is the same number with BE in front: BE 1000.397.325.
Where is Ath-Syndic based?
The registered office is at Rue Léon Trulin 1, 7800 Ath.Company details
What does Ath-Syndic do?
According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
What is the legal form of Ath-Syndic?
Ath-Syndic is a private limited company (BV).
When was Ath-Syndic founded?
Ath-Syndic was founded on 27-09-2023.
Is Ath-Syndic still active?
Yes, Ath-Syndic is an active enterprise in the KBO register.
What is the turnover of Ath-Syndic?
The turnover in financial year 2025 is ≈ €68,000. This figure is estimated from the gross margin of €17,499 and 42 comparable companies (NACE 683). It probably lies between €26,000 and €130,000. It is a rough estimate.Financials
Is Ath-Syndic profitable?
In financial year 2025, Ath-Syndic made a profit of €7,018.
Where can I find the annual accounts of Ath-Syndic?
Ath-Syndic filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ath-Syndic due?
Ath-Syndic must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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