SY CONCEPT

Active

Private limited company (pre-2019)founded 2018active for 8 yearsEmile Bockstaellaan 255, 1020 Brussel, BelgiumKBO/BCE: BE 0691.929.011

Summary

The computed 12-month bankruptcy probability of SY CONCEPT is 4.3% (elevated). The 2025 annual accounts show negative equity (-€22,683) and a net result of -€44,231. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 5% of 5,826 sector peers (NACE 49, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

SY CONCEPTActiveChecked score 45/100

Risk analysis Report Compare

Activity

On-demand passenger transport by chauffeured vehicle

NACE 49330Limited-service restaurants, excluding mobile food services NACE 56112

1 site

Size

€29,701total assets 2025

Staff: 0.6 FTE
Equity: -€22,683
Loss: -€44,231

Turnover not published (micro format)

Financial health

45 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 4.3%

Structure

SIMOH IsaDirector

2025 accounts 8 days early6 of 13 deeds summarised

Why 45raises riskNegative equity -€22,6831 change of registered office in 24 monthsSector: Land transport and transport via pipelines (NACE 49)lowers riskSize: total assets €29,701Show the evidence

Checked score

Score 2025

45 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 7% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-100

equity -76.4% of total assets

Liquidity 15-85

short-term debt 176.4% · cash 11.9%

Profitability 0-100

return on assets -148.9%

Bankruptcy probability, 12 months

4.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.8%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%▲ +0.5 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%▲ +0.2 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.8%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▲ +0.9 percentage points vs 07-2025 09-2025: 0.7%▼ -2.0 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.6%▼ -0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 4.4%▲ +3.6 percentage points vs 07-2026highest value 09-2026: 4.4%● unchanged vs 08-2026highest value 10-2026: 4.3%▼ -0.1 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.26, compared with 10.51 in 2024, below 1; short-term debt: 176.4% and cash: 11.9% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 5% on solvency, 13% on liquidity, 6% on profitability and 3% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

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

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Signals

Six signals.

lowers riskraises riskneutral

Negative equity -€22,683

NBB · annual accounts

Size: total assets €29,701

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€22,683

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

8 days early

2024

1 day late

2023

19 days late

2022

1 day late

2021

16 days late

2020

13 days late

2019

90 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

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 1 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-07-2026 Annual accounts filedfinancial year 2025 · micro…
26-01-2026 Capital & shares · Resignations &…Share transfer · Shareholding
31-12-2025 Weakest financial yearnet -€44,231

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€22,683 View
Caution: From profit to loss in 2025after €7,242 in 2024 -€44,231 View
Caution: Among the weakest 5% on net resultsector median €5,731 · 5,797 companies -€44,231 View

By topic

Financials

Financial year: 2025
Total assets: €29,701
Loss: -€44,231
Solvency: -76.4%

Go to Financials

Board & ownership

Board: 1 member

SIMOH IsaDirector

Go to Board & ownership

Timeline

Events: 18
Since: 2019
Next accounts: by 31-07-2027

01-08-2025Annual accounts filed
21-01-2025Resignation: SAMOUH KENFAOUI Abdelhak (director)
31-12-2024Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: On-demand passenger transport by chauffeured vehicleNACE 49330
Founded: 12-03-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about SY CONCEPT

What is the company number of SY CONCEPT?: 0691.929.011. In Belgium the VAT number is the company number with BE in front: BE 0691.929.011.
Where is SY CONCEPT based?: The registered office is at Emile Bockstaellaan 255, 1020 Brussel.Company details
What does SY CONCEPT do?: According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of SY CONCEPT?: Private limited company (pre-2019) (BVBA).
When was SY CONCEPT founded?: On 12-03-2018.
Is SY CONCEPT still active?: Yes, SY CONCEPT is an active enterprise in the KBO register.
How many employees does SY CONCEPT have?: On average 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SY CONCEPT?: €11,168 in financial year 2018, according to the filed annual accounts.
Is SY CONCEPT profitable?: In financial year 2025, SY CONCEPT made a loss of €44,231.
Where can I find the annual accounts of SY CONCEPT?: SY CONCEPT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SY CONCEPT due?: By 31-07-2027, for financial year 2026.Timeline