SYBTECH
Open bankruptcyA bankruptcy procedure is open for SYBTECH according to publications in the Belgian State Gazette; curator: Stijn VANSCHOUBROEK.
Summary
The file additionally contains 1 administrative flag. The 2020 annual accounts show equity of €8,212 and a net result of -€5,399.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 3 September 2024
- Supervising judge
- Jean Bonte
- Official Gazette
- 09-09-2024 (pdf) ↗search the document for 2024/133727
Deadlines
- Provisional date payments stopped
- 3 September 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 24 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 3 October 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 9 October 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 3 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Stijn VanschoubroekKeizer Karellaan 586 Bus 9, 1082 Sint-Agatha-Berchemsvanschoubroek@racine.eu
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-06-2021, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d early
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,399
2019 · €581
Working capital
€8,212
2019 · -€3,239
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€8,966-€2,312▼ 74.2%-€5,218
Net result€6,418-€581▼ 91.0%-€5,399
Equity€13,031-€13,611▲ 4.5%€8,212▼ 39.7%
Total assets€126,754-€66,501▼ 47.5%€17,198▼ 74.1%
Debt€113,723-€52,890▼ 53.5%€8,986▼ 83.0%
Working capital-€1,589--€3,239▼ 104%€8,212
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €5,218 after €2,312 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €17,198
Equity
€8,212 ▼ 39.7%
Debt
€8,986 ▼ 83.0%
Debt's share of the balance-sheet total falls from 79.5% to 52.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11,632▲
2019 · €4,878
Cash flow
€11,451▲
2019 · €3,147
Current ratio
1.91▲
2019 · 0.94
ROE
-65.8%▼
2019 · 4.3%
ROA
-31.4%▼
2019 · 0.9%
Debt ≤ 1 year
€8,986▼
2019 · €52,890
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,203 | €2,566 | €16,850 | ▲ 557% |
| Gross operating margin9900 | €20,987 | €19,823 | €11,979 | ▼ 39.6% |
| Operating profit (loss)9901 | €8,966 | €2,312 | -€5,218 | ▼ 326% |
| Recurring financial charges65 | €154 | €173 | €181 | ▲ 4.6% |
| Profit (loss) for the period before taxes9903 | €8,812 | €2,139 | -€5,399 | ▼ 352% |
| Income taxes67/77 | €2,394 | €1,558 | - | - |
| Profit (loss) for the period9904 | €6,418 | €581 | -€5,399 | ▼ 1,030% |
| Profit (loss) for the period to be appropriated9905 | €6,418 | €581 | -€5,399 | ▼ 1,030% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €126,754 | €66,501 | €17,198 | ▼ 74.1% |
| Fixed assets21/28 | €14,619 | €16,850 | - | - |
| Tangible fixed assets22/27 | €14,619 | €16,850 | - | - |
| Current assets29/58 | €112,135 | €49,651 | €17,198 | ▼ 65.4% |
| Amounts receivable within one year40/41 | €59,179 | €27,303 | €7,663 | ▼ 71.9% |
| Cash at bank and in hand54/58 | €52,955 | €22,348 | €9,535 | ▼ 57.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €126,754 | €66,501 | €17,198 | ▼ 74.1% |
| Equity10/15 | €13,031 | €13,611 | €8,212 | ▼ 39.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €733 | €762 | €762 | = |
| Profit (loss) carried forward14 | €6,097 | €6,649 | €1,250 | ▼ 81.2% |
| Amounts payable17/49 | €113,723 | €52,890 | €8,986 | ▼ 83.0% |
| Amounts payable within one year42/48 | €113,723 | €52,890 | €8,986 | ▼ 83.0% |
| Trade debts44 | €30,715 | €588 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,418 | €581 | -€5,399 | ▼ 1,030% |
| + Depreciation and write-downs630 | €8,203 | €2,566 | €16,850 | ▲ 557% |
| Operating cash flow (approximation) | €14,621 | €3,147 | €11,451 | ▲ 264% |
| Investment in fixed assets (approximation) | - | -€4,797 | - | - |
| Change in cash | - | -€30,607 | -€12,813 | ▲ 58.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
09-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 03-09-2024
02-09
KBO administration
Address struck
event 18-06-2024
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€5,399
Net result drops to -€5,399, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.91
Current ratio from 0.94 to 1.91; short-term debt falls from €52,890 to €8,986.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2015
Ground area
670 m²
Building footprint
488 m²
Volume, LiDAR
11,099 m³
Parcel 21808H1778/00D000, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
472
companies at this address
See who is registered here
1 establishment unit
SYBTECH
since 20152.249.915.691
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
03-09-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.