CYNAPSE MANAGEMENT
ActiveCYNAPSE MANAGEMENT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €791k and a net result of €40k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-20
Solvency97▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.28 against 4.57 in 2024; short-term debt: 28.2% and cash: 0.1% of total assets), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.8%
Return on assets
3.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
34 d early
2023
41 d late
2022
18 d late
2021
16 d late
2020
25 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€791k▲ 5.3%
2024 · €751k
2019: €669k
2020: €675k
2021: €601k
2022: €619k
2023: €663k
2024: €751k
2019 → 2025
Total assets
€1.10M▲ 17.4%
2024 · €938k
2019: €765k
2020: €751k
2021: €802k
2022: €794k
2023: €803k
2024: €938k
2019 → 2025
Net result
€40k▼ 54.9%
2024 · €88k
2019: €104k
2020: €7k
2021: €55k
2022: €18k
2023: €91k
2024: €88k
2019 → 2025
Working capital
€707k▲ 6.4%
2024 · €664k
2019: €623k
2020: €620k
2021: €538k
2022: €545k
2023: €571k
2024: €664k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€601k-€619k▲ 2.9%€663k▲ 7.2%€751k▲ 13.3%€791k▲ 5.3%
Operating result€87k-€25k▼ 71.8%€56k▲ 127%€113k▲ 103%€48k▼ 57.8%
Net result€55k-€18k▼ 67.6%€91k▲ 415%€88k▼ 3.1%€40k▼ 54.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€84k▼ 3.7%
Current assets
€1.02M▲ 19.6%
Equity and liabilities €1.10M
Equity
€791k▲ 5.3%
Debt
€310k▲ 66.1%
The debt ratio rises from 19.9% to 28.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▼
2024 · €119k
Cash flow
€45k▼
2024 · €94k
Solvency
71.8%▼
2024 · 80.1%
Current ratio
3.28▼
2024 · 4.57
Quick ratio
3.28▼
2024 · 4.57
Debt / equity
0.39▲
2024 · 0.25
ROE
5.0%▼
2024 · 11.7%
ROA
3.6%▼
2024 · 9.4%
Interest coverage
4.49▼
2024 · 14.91
Debt
€310k▲
2024 · €187k
Debt ≤ 1 year
€310k▲
2024 · €186k
Income taxes
€17k▼
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€938k€1.10M▲
Fixed assets21/28€88k€84k▼
Tangible fixed assets22/27€88k€84k▼
Land and buildings22€87k€82k▼
Furniture and vehicles24€684€2k▲
Financial fixed assets28€56€56=
Current assets29/58€851k€1.02M▲
Amounts receivable after more than one year29€352k€642k▲
Other amounts receivable291€352k€642k▲
Amounts receivable within one year40/41€408k€282k▼
Trade receivables40€301k€159k▼
Other amounts receivable41€106k€124k▲
Current investments50/53€88k€89k▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€938k€1.10M▲
Equity10/15€751k€791k▲
Contributions10/11€12k€12k=
Reserves13€738k€778k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€736k€776k▲
Profit (loss) carried forward14€852€1k▲
Amounts payable17/49€187k€310k▲
Amounts payable within one year42/48€186k€310k▲
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€14k€12k▼
Suppliers440/4€14k€12k▼
Taxes, remuneration and social security45€38k€34k▼
Taxes450/3€38k€34k▼
Other amounts payable47/48€134k€164k▲
Accrued charges and deferred income492/3€703-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€384€721▲
Gross operating margin9900€119k€53k▼
Operating profit (loss)9901€113k€48k▼
Financial income75/76B€13k€20k▲
Recurring financial income75€13k€20k▲
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€118k€56k▼
Income taxes67/77€30k€17k▼
Profit (loss) for the period9904€88k€40k▼
Profit (loss) for the period to be appropriated9905€88k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€41k▼
Profit (loss) brought forward from the previous period14P€644€852▲
Transfer to equity691/2€88k€40k▼
To other reserves6921€88k€40k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €7k ▼93.6%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Clayslaan 191030 SchaarbeekGround area
282 m²
Building footprint
160 m²
Volume, LiDAR
1,911 m³
2 parcels, Brussels · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Algemeen Stemrechtlaan 14, 1030 Schaarbeek
since 20102.192.500.995
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0047/00Y003 | Brussels | 166 m² | 1 · 84 m² | 17.2 m · 5 fl. |
| 21903B0245/00N005 | Brussels | 116 m² | 1 · 76 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 3,433 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-09-2010
Fiscal year end31-03
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.