SAYCOM
ActiveSAYCOM has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.66M and a net result of €763k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency25▲+16
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.54 in 2024), and 76% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
24%
Return on assets
11%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
on the day
2023
on the day
2022
1 d early
2021
on the day
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.00M
EBIT margin
11.8%
Net result
€763k
2024 · €-1.54M
2019: €2k
2020: €257k
2021: €190k
2022: €178k
2023: €151k
2024: €-1.54M
2019 → 2025
Working capital
€-1.75M▲ 11.7%
2024 · €-1.98M
2019: €-2.89M
2020: €-2.85M
2021: €-2.61M
2022: €-2.61M
2023: €-1.25M
2024: €-1.98M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.00M-
Equity€2.05M-€2.22M▲ 8.7%€2.37M▲ 6.8%€897k▼ 62.2%€1.66M▲ 85.1%
Operating result€355k-€358k▲ 0.8%€312k▼ 12.7%€535k▲ 71.4%€1.12M▲ 110%
Net result€190k-€178k▼ 5.9%€151k▼ 15.5%€-1.54M€763k
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 110% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.93M
Fixed assets
€4.76M▼ 1.0%
Current assets
€2.17M▼ 4.9%
Equity and liabilities €6.93M
Equity
€1.66M▲ 85.1%
Debt
€5.27M▼ 14.9%
The debt ratio falls from 87.4% to 76.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.21M▲
2024 · €627k
Cash flow
€845k▲
2024 · €-1.45M
Solvency
24.0%▲
2024 · 12.6%
Current ratio
0.55▲
2024 · 0.54
Quick ratio
0.51▲
2024 · 0.49
Debt / equity
3.17▼
2024 · 6.91
ROE
46.0%▲
2024 · -171.6%
ROA
11.0%▲
2024 · -21.7%
Interest coverage
15.20▲
2024 · 6.36
Debt
€5.27M▼
2024 · €6.19M
Debt ≤ 1 year
€3.92M▼
2024 · €4.26M
Debt > 1 year
€1.34M▼
2024 · €1.92M
Income taxes
€281k▲
2024 · €112k
Staff costs
€2.14M▲
2024 · €1.90M
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€7.09M€6.93M▼
Fixed assets21/28€4.81M€4.76M▼
Tangible fixed assets22/27€400k€356k▼
Land and buildings22€83k€82k▼
Plant, machinery and equipment23€134k€122k▼
Furniture and vehicles24€141k€121k▼
Leasing and similar rights25€43k€31k▼
Financial fixed assets28€4.41M€4.41M▼
Current assets29/58€2.28M€2.17M▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€180k€170k▼
Stocks30/36€180k€170k▼
Amounts receivable within one year40/41€1.88M€1.22M▼
Trade receivables40€1.54M€1.11M▼
Other amounts receivable41€342k€101k▼
Cash at bank and in hand54/58€203k€775k▲
Deferred charges and accrued income490/1€14k€9k▼
Equity and liabilities
Total equity and liabilities10/49€7.09M€6.93M▼
Equity10/15€897k€1.66M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€773k€1.54M▲
Non-distributable reserves130/1€24k€30k▲
Legal reserve130€6k€12k▲
Reserves not available under the articles1311€17k€17k=
Distributable reserves133€749k€1.51M▲
Amounts payable17/49€6.19M€5.27M▼
Amounts payable after more than one year17€1.92M€1.34M▼
Financial debts170/4€1.92M€1.34M▼
Amounts payable within one year42/48€4.26M€3.92M▼
Current portion of amounts payable after more than one year42€617k€622k▲
Trade debts44€2.19M€1.89M▼
Suppliers440/4€2.19M€1.89M▼
Advances received on contracts in progress46€629k€1.03M▲
Taxes, remuneration and social security45€195k€374k▲
Taxes450/3€42k€101k▲
Remuneration and social security454/9€153k€273k▲
Other amounts payable47/48€637k€0▼
Accrued charges and deferred income492/3€11k€12k▲
Income statement
Code20242025
Non-recurring operating income76A€24k€0▼
Remuneration, social security and pensions62€1.90M€2.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€82k▼
Other operating charges640/8€28k€37k▲
Gross operating margin9900€2.55M€3.38M▲
Operating profit (loss)9901€535k€1.12M▲
Financial income75/76B€7k€538▼
Recurring financial income75€7k€538▼
Financial charges65/66B€1.97M€79k▼
Recurring financial charges65€99k€79k▼
Non-recurring financial charges66B€1.87M€0▼
Profit (loss) for the period before taxes9903€-1.43M€1.04M▲
Income taxes67/77€112k€281k▲
Profit (loss) for the period9904€-1.54M€763k▲
Profit (loss) for the period to be appropriated9905€-1.54M€763k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.54M€763k▲
Transfer from equity791/2€1.54M€0▼
Transfer to equity691/2€0€763k▲
To the legal reserve6920-€6k
To other reserves6921€0€757k▲
Social balance
Average headcount (FTE)908732.036.0▲
The notes to these accounts (24 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
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Back to profitnet €763k
Net result €763k after one loss-making year.
30-06
Financial
Equity above €1MEq €1.66M ▲85.1%
Equity rises from €897k to €1.66M.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Weakest financial yearnet €-1.54M ▼1121%
Net result drops to €-1.54M, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Equity above €2MEq €2.05M ▲10.2%
3 profitable years in a row build equity to €2.05M.
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-01
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
12 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, Manage · 1 establishment unit since 1984
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.
rue du Chenia 177170 ManageGround area
2.5 ha
Parcel 52043F0062/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Saycom SA
since 19842.071.932.272
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52043F0062/00K000 | Wallonia | 2.5 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Construction de Piscines et Résidences
BE 0412.638.790
Sint-Pieters-Woluwe · Eq €1.66M
AVENTI
BE 0871.723.261
Beerse · Eq €1.72M
Dekoninck Chape & Isolatie
BE 0473.560.631
Ardooie · Eq €1.60M
CREYAN
BE 0453.052.554
Sint-Niklaas · Eq €1.74M
CORNELIS
BE 0416.894.914
Oostende · Eq €1.75M
Of 7,247 companies in sector 43350 we hold annual accounts for 2,333. 625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-09-1984
Fiscal year end30-06
Activities, NACEBEL
43350Other building finishing work
73110Advertising agencies
74401
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.