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Generated 17-07-2026
Active BE 0759.988.565Public limited company

SYA

Marteelstik 10 ·8460 Oudenburg, Belgium· 5 yrs active
Sector: Retail trade (47400)
Conclusion Checked

The computed 12-month bankruptcy probability of SYA is 1.2% (low). The 2025 annual accounts show equity of €1.20M and a net result of €461k. Equity is growing by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 471 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €1.20M
Net result €461k
Staff (FTE) 16.6
Better than sector 68%
Snowflake analysis 5 axes · computed by Checked
Health84Profitability100Solvency78Growth78Stability94
87 / 100

Exceptional profile, strong across almost every axis.

Health 84
Profitability 100
Solvency 78
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.2% Low
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
84 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 30-10-2025 with the NBB · fiscal year 2025 · verkort
€0€200k€400k€600kOperating result 2022: €346k€346kNet result 2022: €142k€142kOperating result 2023: €510k€510kNet result 2023: €186k€186kOperating result 2024: €512k€512kNet result 2024: €179k€179kOperating result 2025: €615k€615kNet result 2025: €461k€461k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~44.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€1.00M€2.00M€3.00M€4.00M2026: €1.73M (€1.63M - €1.82M)2027: €2.50M (€2.41M - €2.60M)2028: €3.62M (€3.52M - €3.72M)2022: €392k2023: €578k2024: €739k2025: €1.20M2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 35.9% 21.0%
better than 68% of 471 sector peers
Net result €461k €32k
better than 95% of 469 sector peers
Equity €1.20M €161k
better than 93% of 471 sector peers
Gross operating margin €1.47M €282k
better than 89% of 471 sector peers
Staff costs €822k €223k
higher than 85% of 379 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€640k
+18.0% far above sector median
Net profit
€461k
+157.5% far above sector median
Cash flow
€487k
+131.8% far above sector median
Total assets
€3.34M
+48.8% far above sector median
Equity
€1.20M
+62.4% far above sector median
Working capital
€1.73M
+35.8% far above sector median
Employees (FTE)
17
+7.8% far above sector median
Staff costs
€822k
+26.0% far above sector median
Income taxes
€2k
-97.8% -43% vs sector
Debt
€2.14M
+45.4% far above sector median
Debt ≤ 1y
€1.33M
+49.8% far above sector median
Debt > 1y
€772k
+39.1% far above sector median
Current ratio
2.30
-5.5% +15% vs sector
Quick ratio
0.83
-12.6% -45% vs sector
Solvency
35.9%
+9.2% -25% vs sector
Debt / equity
1.78
-10.5% +66% vs sector
ROE
38.4%
+58.6% +215% vs sector
ROA
13.8%
+73.1% +147% vs sector
Interest coverage
2.80
+44.1% -40% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€640k
Net profit€461k
Cash flow€487k
Staff costs€822k
Income taxes€2k
Dividends-
Total assets€3.34M
Equity€1.20M
Debt€2.14M
of which ≤ 1y€1.33M
of which > 1y€772k
Working capital€1.73M
Employees (FTE)16.6
Ratios (computed)
2025
Current ratio2.30
Quick ratio0.83
Working capital ratio51.8%
Solvency35.9%
Debt / equity1.78
Long-term debt ratio0.64
Interest coverage2.80
Gross margin-
Net margin-
ROA13.8%
ROE38.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€3.34M
Fixed assets 21/28€276k
Intangible fixed assets 21€27k
Tangible fixed assets 22/27€241k
Financial fixed assets 28€9k
Current assets 29/58€3.07M
Stocks & contracts in progress 3€1.96M
Amounts receivable within one year 40/41€956k
Cash & bank 54/58€90k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.34M
Equity 10/15€1.20M
Contributions / capital 10/11€250k
Reserves 13€951k
Accumulated profits (losses) 14€0
Provisions & deferred taxes 16€0
Amounts payable 17/49€2.14M
Amounts payable after one year 17€772k
Amounts payable within one year 42/48€1.33M
Trade debts payable within one year 44€424k
Income statement
Gross operating margin 9900€1.47M
Operating result 9901€615k
Financial income 75€78k
Financial charges 65€229k
Result before taxes 9903€464k
Income taxes 67/77€2k
Net result for the period 9904€461k
Result to be appropriated 9905€-25k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47400)
Legal form Public limited company(014)
Incorporation18-12-2020
StatusActive
Postal code8460
Establishment units 1 location
SYA
Marteelstik 10, 8460 OudenburgDetailhandel in telecommunicatieapparatuur in gespecialiseerde winkels
since 20202.310.973.431
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35014B0010/00A003 Flanders 2,811 m² 1 · 1,216 m² 9.5 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-10-2025
NBB filing Annual accounts filed
fiscal year 2025 · verkort
22-05-2025
State Gazette act Director changes
2024
23-10-2024
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2023
31-10-2023
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2022
30-11-2022
NBB filing Annual accounts filed
fiscal year 2022 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
22-05-2025 1 director appointed, 2 resigning Director changes
  • Adham Wanis, Vaste vertegenwoordiger
  • Adham Wanis, Bestuurder
  • De Koninck Laurens, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Adham Wanis",
        "address": "8400 Oostende, Koolmeesstraat 34",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-03-01",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "De Koninck Laurens",
        "address": "8400 Oostende, Laurierstraat 4",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
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      "effective_date": "2025-03-01",
      "evidence_quote": "",
      "decharge_status": null,
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      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "vaste_vertegenwoordiger",
      "person": {
        "rrn": null,
        "name": "Adham Wanis",
        "address": "8400 Oostende, Koolmeesstraat 34",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "SYA MANAGEMENT",
        "address": "8460 Oudenburg, Marteelstik 10",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": true,
      "effective_date": "2025-03-01",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-05-22",
    "filing_date": "2025-05-14",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-03-01",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0759.988.565",
    "name_full": "SYA",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Overige niet-gespecialiseerde detailhandel47120Detailhandel in ICT-apparatuur47400Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels47420Detailhandel via postorderbedrijven of via internet47910Ontwerpen en programmeren van computerprogramma's62010Computerconsultancy-activiteiten62020Overige diensten op het gebied van informatietechnologie en computer62090Ontwerpen van computerprogramma’s62100Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Overige diensten op het gebied van informatietechnologie en computer62900Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Verhuur en lease van kantoormachines, inclusief computers77330Verhuur en lease van kantoormachines, inclusief computers77330Reparatie en onderhoud van computers en communicatieapparatuur95100Reparatie van computers en randapparatuur95110Reparatie van communicatieapparatuur95120Reparatie van consumentenelektronica95210Reparatie en onderhoud van consumentenelektronica95210
Primary activity highlighted.
Names & trade names
Legal nameNL SYA
Registered office
Marteelstik 10
8460 Oudenburg, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative