Equity
BJORN SYX has made a profit in every financial year since 2018.
BJORN SYX has made a profit in every financial year since 2018.
The result rose in 2025 from €44,287 to €112,697.
Of this, €1.1m falls due within a year.
Green is investment, beige is depreciation. Machinery stands 111.2% higher than in 2024.
Short-term debts rose from €213,153 to €1.1m.
The last five annual accounts were filed 38 to 90 days before the end of the period.
The dashed line is the sector median: 0.2% across 12,676 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro). It does better than 23% of them on solvency, 45% on liquidity, 30% on profitability and 68% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.
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).
In July 2024, 3,274 companies had the same profile as BJORN SYX has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BJORN SYX itself is lower: 0.1% within 12 months. It rests on far more data about BJORN SYX than the profile alone.
The method was tested on the 497,446 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.
| 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 3,274 companies, not a prediction for BJORN SYX. 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.
Liquidity is ample, with a current ratio of 2.75 (10.02 in 2024), above the usual 1.5. Short-term debt is 26.8% and cash 10.4% of total assets. However, 86.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| BJORN SYX Poperinge | €4.2m | €381,544 | 13.7% | 0.8 |
| Destrehem Hoeilaart | €4.4m | €406,115 | 45.6% | 1 |
| AMPLA HOUSE PROPERTIES Ghent | €4.4m | €468,235 | 16.9% | 1 |
| Devilo Menen | €4.8m | €289,577 | 33.6% | 0.5 |
| JAX INVEST Bruges | €2.5m | €287,194 | 47.4% | 1 |
| COAST INVESTMENTS Nieuwpoort | €4.2m | €377,920 | 35.6% | 0 |
| BLACKBOXX Bruges | €2.7m | €395,504 | -4.0% | 1.8 |
These companies have the same main activity as BJORN SYX: other business support services (NACE 82990). They are comparable in size and age: total assets between €2.5m and €4.8m, founded between 2015 and 2019.
BJORN SYX files the abbreviated format. That format states no turnover. The gross margin rose from €77,843 in 2018 to €381,544 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.
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