SY Construct
ActiveSY Construct has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €297k and a net result of €103k. Equity is growing by ~57.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 63.56 against 8.68 in 2024), and 1.5% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
98.5%
Return on assets
34.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
20 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€297k▲ 52.9%
2024 · €194k
2023: €73k
2024: €194k
2023 → 2025
Total assets
€301k▲ 38.7%
2024 · €217k
2023: €88k
2024: €217k
2023 → 2025
Net result
€103k▼ 15.0%
2024 · €121k
2023: €71k
2024: €121k
2023 → 2025
Working capital
€274k▲ 64.7%
2024 · €166k
2023: €59k
2024: €166k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€73k-€194k▲ 164%€297k▲ 52.9%
Operating result€98k-€171k▲ 74.1%€145k▼ 15.6%
Net result€71k-€121k▲ 68.9%€103k▼ 15.0%
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 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301k
Fixed assets
€23k▼ 21.4%
Current assets
€278k▲ 48.1%
Equity and liabilities €301k
Equity
€297k▲ 52.9%
Debt
€4k▼ 81.0%
The debt ratio falls from 10.6% to 1.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€151k▼
2024 · €173k
Cash flow
€109k▼
2024 · €123k
Solvency
98.5%▲
2024 · 89.4%
Current ratio
63.56▲
2024 · 8.68
Quick ratio
63.56▲
2024 · 8.68
Debt / equity
0.01▼
2024 · 0.12
ROE
34.6%▼
2024 · 62.2%
ROA
34.1%▼
2024 · 55.6%
Interest coverage
602.53▲
2024 · 138.19
Debt
€4k▼
2024 · €23k
Debt ≤ 1 year
€4k▼
2024 · €22k
Income taxes
€43k▼
2024 · €50k
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€217k€301k▲
Fixed assets21/28€29k€23k▼
Tangible fixed assets22/27€29k€23k▼
Furniture and vehicles24€29k€23k▼
Current assets29/58€188k€278k▲
Amounts receivable within one year40/41€45k€27k▼
Trade receivables40€30k€14k▼
Other amounts receivable41€15k€13k▼
Cash at bank and in hand54/58€143k€251k▲
Equity and liabilities
Total equity and liabilities10/49€217k€301k▲
Equity10/15€194k€297k▲
Contributions10/11€2k€2k=
Reserves13€192k€295k▲
Distributable reserves133€192k€295k▲
Amounts payable17/49€23k€4k▼
Amounts payable within one year42/48€22k€4k▼
Trade debts44€2k€253▼
Suppliers440/4€2k€253▼
Advances received on contracts in progress46€18k€0▼
Taxes, remuneration and social security45€0€2k▲
Taxes450/3€0€2k▲
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€1k€635▼
Non-recurring operating charges66A€8k€0▼
Gross operating margin9900€183k€152k▼
Operating profit (loss)9901€171k€145k▼
Financial income75/76B€24€800▲
Recurring financial income75€24€800▲
Financial charges65/66B€1k€251▼
Recurring financial charges65€1k€251▼
Profit (loss) for the period before taxes9903€170k€145k▼
Income taxes67/77€50k€43k▼
Profit (loss) for the period9904€121k€103k▼
Profit (loss) for the period to be appropriated9905€121k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€103k▼
Transfer to equity691/2€121k€103k▼
To other reserves6921€121k€103k▼
The notes to these accounts (5 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
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 7current ratio 63.56
Current ratio from 8.68 to 63.56; short-term debt falls from €22k to €4k.
31-12
Financial
Equity above €200kEq €297k ▲52.9%
3 profitable years in a row build equity to €297k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €121k ▲68.9%
Operating result €171k, net result €121k, both a record.
31-12
Financial
Equity above €150kEq €194k ▲164%
2 profitable years in a row build equity to €194k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Putte · 1 establishment unit since 2023
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.
Bogaardenstraat 272580 PutteGround area
798 m²
Building footprint
163 m²
Volume, LiDAR
727 m³
Parcel 12001B0058/00X002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SY Construct
since 20232.348.021.887
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001B0058/00X002 | Flanders | 798 m² | 1 · 163 m² | 8.0 m · 2 fl. |
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.
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Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 5,129 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2023
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
71111Activities of building architects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.