SYCOMORE
ActiveSummary
SYCOMORE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €-21k. Equity is shrinking by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-44
Solvency24▼-5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.79 in 2024; short-term debt: 32.4% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.8%
Return on assets
-5.6%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-12-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
35 d late
2024
32 d late
2023
30 d late
2022
2 d late
2021
2 d late
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-21k
2024 · €17k
2019: €4k
2020: €-3k▼ -178% vs 2019
2021: €-26k▼ -774% vs 2020lowest in 7 years
2022: €-3k▲ +88.3% vs 2021
2023: €22k▲ +801% vs 2022highest in 7 years
2024: €17k▼ -18.9% vs 2023
2025: €-21k▼ -221% vs 2024
2019 → 2025
Working capital
€-59k▼ 149%
2024 · €-23k
2019: €4khighest in 7 years
2020: €40▼ -98.9% vs 2019
2021: €-22k▼ -55896% vs 2020
2022: €-33k▼ -45.3% vs 2021
2023: €-10k▲ +68.4% vs 2022
2024: €-23k▼ -128% vs 2023
2025: €-59k▼ -149% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€-21k▼ 17.2%€605€18k▲ 2,886%€-3k
2021: €-18k
2022: €-21k▼ -17.2% vs 2021lowest in 5 years
2023: €605▲ +103% vs 2022
2024: €18k▲ +2886% vs 2023highest in 5 years
2025: €-3k▼ -117% vs 2024
Operating result€-26k-€-3k▲ 89.7%€23k€30k▲ 27.3%€-9k
2021: €-26klowest in 5 years
2022: €-3k▲ +89.7% vs 2021
2023: €23k▲ +972% vs 2022
2024: €30k▲ +27.3% vs 2023highest in 5 years
2025: €-9k▼ -130% vs 2024
Net result€-26k-€-3k▲ 88.3%€22k€17k▼ 18.9%€-21k
2021: €-26klowest in 5 years
2022: €-3k▲ +88.3% vs 2021
2023: €22k▲ +801% vs 2022highest in 5 years
2024: €17k▼ -18.9% vs 2023
2025: €-21k▼ -221% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €30k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€313k ▼ 2.8%
Current assets
€63k ▼ 29.2%
Key figures and ratios
EBITDA
€9k▼
2024 · €55k
Cash flow
€-3k▼
2024 · €43k
Solvency
-0.8%▼
2024 · 4.4%
Current ratio
0.52▼
2024 · 0.79
ROA
-5.6%▼
2024 · 4.2%
Interest coverage
0.77▼
2024 · 4.54
Debt
€379k▼
2024 · €394k
Debt ≤ 1 year
€122k▲
2024 · €113k
Debt > 1 year
€257k▼
2024 · €277k
Staff costs
€183k▲
2024 · €164k
A ratio outside any meaningful range has been withheld (balance sheet total €376k, equity €-3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€412k€376k▼
Fixed assets21/28€322k€313k▼
Tangible fixed assets22/27€322k€313k▼
Land and buildings22€310k€297k▼
Plant, machinery and equipment23€9k€16k▲
Furniture and vehicles24€4k€0▼
Current assets29/58€90k€63k▼
Amounts receivable within one year40/41€83k€60k▼
Trade receivables40€82k€59k▼
Other amounts receivable41€649€792▲
Cash at bank and in hand54/58€588€849▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€412k€376k▼
Equity10/15€18k€-3k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€10k€-11k▼
Amounts payable17/49€394k€379k▼
Amounts payable after more than one year17€277k€257k▼
Financial debts170/4€277k€257k▼
Amounts payable within one year42/48€113k€122k▲
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€41k€40k▼
Suppliers440/4€41k€40k▼
Taxes, remuneration and social security45€19k€19k▲
Taxes450/3€1k€1k▲
Remuneration and social security454/9€18k€18k▲
Other amounts payable47/48€33k€42k▲
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€164k€183k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€18k▼
Other operating charges640/8€598€739▲
Non-recurring operating charges66A€146€0▼
Gross operating margin9900€221k€194k▼
Operating profit (loss)9901€30k€-9k▼
Financial income75/76B€10€1▼
Recurring financial income75€10€1▼
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€17k€-21k▼
Income taxes67/77€0-
Profit (loss) for the period9904€17k€-21k▼
Profit (loss) for the period to be appropriated9905€17k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-11k▼
Profit (loss) brought forward from the previous period14P€-7k€10k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €123k | €160k | €164k | €183k | ▲ 11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €5k | €9k | €26k | €18k | ▼ 29.4% |
| Other operating charges640/8 | - | €869 | €124 | €598 | €739 | ▲ 23.6% |
| Non-recurring operating charges66A | - | - | - | €146 | €0 | ▼ 100% |
| Gross operating margin9900 | €92k | €126k | €192k | €221k | €194k | ▼ 12.3% |
| Operating profit (loss)9901 | €-26k | €-3k | €23k | €30k | €-9k | ▼ 130% |
| Financial income75/76B | - | - | €24 | €10 | €1 | ▼ 90.0% |
| Recurring financial income75 | - | - | €24 | €10 | €1 | ▼ 90.0% |
| Financial charges65/66B | - | €397 | €861 | €12k | €12k | ▲ 0.1% |
| Recurring financial charges65 | €225 | €397 | €861 | €12k | €12k | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | €-26k | €-3k | €22k | €17k | €-21k | ▼ 221% |
| Income taxes67/77 | €-10 | - | €951 | €0 | - | - |
| Profit (loss) for the period9904 | €-26k | €-3k | €22k | €17k | €-21k | ▼ 221% |
| Profit (loss) for the period to be appropriated9905 | €-26k | €-3k | €22k | €17k | €-21k | ▼ 221% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €73k | €107k | €412k | €376k | ▼ 8.6% |
| Fixed assets21/28 | €13k | €15k | €21k | €322k | €313k | ▼ 2.8% |
| Tangible fixed assets22/27 | €13k | €15k | €21k | €322k | €313k | ▼ 2.8% |
| Land and buildings22 | - | - | - | €310k | €297k | ▼ 4.0% |
| Plant, machinery and equipment23 | - | €8k | €10k | €9k | €16k | ▲ 79.9% |
| Furniture and vehicles24 | - | €7k | €11k | €4k | €0 | ▼ 100% |
| Current assets29/58 | €31k | €58k | €86k | €90k | €63k | ▼ 29.2% |
| Amounts receivable within one year40/41 | €28k | €53k | €81k | €83k | €60k | ▼ 27.4% |
| Trade receivables40 | - | €51k | €76k | €82k | €59k | ▼ 27.8% |
| Other amounts receivable41 | - | €2k | €6k | €649 | €792 | ▲ 22.0% |
| Cash at bank and in hand54/58 | €2k | €3k | €1k | €588 | €849 | ▲ 44.3% |
| Deferred charges and accrued income490/1 | - | €1k | €3k | €6k | €3k | ▼ 59.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €73k | €107k | €412k | €376k | ▼ 8.6% |
| Equity10/15 | €-18k | €-21k | €605 | €18k | €-3k | ▼ 117% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-26k | €-29k | €-7k | €10k | €-11k | ▼ 211% |
| Amounts payable17/49 | €62k | €94k | €106k | €394k | €379k | ▼ 3.6% |
| Amounts payable after more than one year17 | €6k | €1k | €9k | €277k | €257k | ▼ 7.0% |
| Financial debts170/4 | - | €1k | €9k | €277k | €257k | ▼ 7.0% |
| Amounts payable within one year42/48 | €54k | €90k | €96k | €113k | €122k | ▲ 7.9% |
| Current portion of amounts payable after more than one year42 | - | €5k | €4k | €20k | €21k | ▲ 4.0% |
| Trade debts44 | €19k | €27k | €33k | €41k | €40k | ▼ 2.3% |
| Suppliers440/4 | - | €27k | €33k | €41k | €40k | ▼ 2.3% |
| Taxes, remuneration and social security45 | - | €18k | €27k | €19k | €19k | ▲ 3.1% |
| Taxes450/3 | - | €643 | €3k | €1k | €1k | ▲ 44.0% |
| Remuneration and social security454/9 | - | €17k | €24k | €18k | €18k | ▲ 0.8% |
| Other amounts payable47/48 | - | €40k | €32k | €33k | €42k | ▲ 25.6% |
| Accrued charges and deferred income492/3 | - | €3k | €700 | €3k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-26k | €-3k | €22k | €17k | €-21k | ▼ 221% |
| + Depreciation and write-downs630 | €8k | €5k | €9k | €26k | €18k | ▼ 29.4% |
| Operating cash flow (approximation) | €-18k | €2k | €30k | €43k | €-3k | ▼ 107% |
| Investment in fixed assets (approximation) | - | €-7k | €-14k | €-327k | €-9k | ▲ 97.2% |
| Change in cash | - | €1k | €-2k | €-470 | €261 | ▲ 155% |
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
Next filing, fiscal year 2026, expected by
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
31-03
Financial
Back to profitnet €22k
Net result €22k after 3 loss-making years.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
31-03
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Tournai · 1 establishment unit since 2016
Ground area
884 m²
Building footprint
150 m²
Volume, LiDAR
731 m³
Parcel 57042C0377/00S002, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SYCOMORE
since 20162.253.472.722
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042C0377/00S002 | Wallonia | 884 m² | 1 · 150 m² | 6.7 m · 2 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.
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Of 2,263 companies in sector 71113 we hold annual accounts for 658. 495 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-05-2016
Fiscal year end31-03
Activities, NACEBEL 2025
71113Urban planning and landscape architecture
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.