Skip to content
Checked.be
Complete company report
Generated 05-09-2026
Active BE 0800.819.924Private limited company

Sydec

Bierman 22C ·9860 Oosterzele, Belgium· 3 yrs active
Sector: Advertising agencies (73110)
Conclusion Checked

Sydec has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €4k. Its solvency ranks better than 36% of 854 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €35k
Net result €4k
Better than sector 36%
Active 3 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health86Profitability62Solvency73Growth52Stability94
73 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 86
Profitability 62
Solvency 73
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.4% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
86 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€3k
estimate, not credit advice
Score history
83 2024
86 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 1.62 (≥ 1.5) +10
Quick ratio Quick ratio 1.62 (≥ 1.0) +5
Leverage Debt/equity 1.62 (< 2.0) +3
Profitability ROE 12% (≥ 10%) +10
Interest coverage Interest coverage 12.4× (≥ 3×) +8
Profit trend Net profit down YoY -3
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 07-08-2026 with the NBB · fiscal year 2025 · micro schema
€0€20k€40kOperating result 2024: €41k€41kNet result 2024: €29k€29kOperating result 2025: €8k€8kNet result 2025: €4k€4k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 73, Advertising, market research and public relations activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 38.1% 56.9%
better than 36% of 854 sector peers
Net result €4k €27k
better than 23% of 854 sector peers
Equity €35k €53k
better than 39% of 854 sector peers
Gross operating margin €19k €50k
better than 26% of 854 sector peers
Total assets €93k €121k
better than 40% of 856 sector peers
EBITDA
€19k
-63.3% 24-25
Net profit
€4k
-84.8% 24-25
Cash flow
€16k
-60.6% 24-25
Total assets
€93k
-5.8% 24-25
Equity
€35k
+14.2% 24-25
Working capital
€20k
-7.1% 24-25
Income taxes
€2k
-82.0% 24-25
Debt
€57k
-15.0% 24-25
Debt ≤ 1y
€33k
+5.1% 24-25
Debt > 1y
€24k
-32.4% 24-25
Current ratio
1.62
-4.8% 24-25
Quick ratio
1.62
-4.8% 24-25
Solvency
38.1%
+21.2% 24-25
Debt / equity
1.62
-25.5% 24-25
ROE
12.4%
-86.7% 24-25
ROA
4.7%
-83.9% 24-25
Interest coverage
12.38
-54.8% 24-25
Figures by fiscal year and ratios
Fiscal year20252024
Depositmicro schemamicro schema
Revenue--
EBITDA€19k€52k
Net profit€4k€29k
Cash flow€16k€40k
Staff costs--
Income taxes€2k€10k
Dividends--
Total assets€93k€98k
Equity€35k€31k
Debt€57k€67k
of which ≤ 1y€33k€31k
of which > 1y€24k€36k
Working capital€20k€22k
Employees (FTE)--
Ratios (computed)
20252024
Current ratio1.621.70
Quick ratio1.621.70
Working capital ratio22.0%22.3%
Solvency38.1%31.4%
Debt / equity1.622.18
Long-term debt ratio0.691.16
Interest coverage12.3827.40
Gross margin--
Net margin--
ROA4.7%29.4%
ROE12.4%93.5%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20252024
Balance sheet, Assets
TOTAL ASSETS 20/58€93k€98k
Fixed assets 21/28€39k€45k
Tangible fixed assets 22/27€39k€45k
Current assets 29/58€53k€53k
Amounts receivable within one year 40/41€11k€4k
Cash & bank 54/58€40k€46k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€93k€98k
Equity 10/15€35k€31k
Contributions / capital 10/11€5k€5k
Reserves 13€30k€26k
Accumulated profits (losses) 14€342€144
Amounts payable 17/49€57k€67k
Amounts payable after one year 17€24k€36k
Amounts payable within one year 42/48€33k€31k
Trade debts payable within one year 44€638€580
Income statement
Gross operating margin 9900€19k€52k
Operating result 9901€8k€41k
Financial income 75€3-
Financial charges 65€2k€2k
Result before taxes 9903€6k€39k
Income taxes 67/77€2k€10k
Net result for the period 9904€4k€29k
Result to be appropriated 9905€4k€29k
Legal Structure
NACE primary Advertising agencies(73110)
Legal form Private limited company(610)
Incorporation17-04-2023
StatusActive
Postal code9860
Establishment units 1 location
Sydec
Bierman 22C, 9860 OosterzelePre-press and pre-media services
since 20232.344.434.471
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44007B1527/00F000 Flanders 664 m² 1 · 120 m² 7.7 m · 2 fl.
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.
Updates 2 events
Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Advertising agencies73110Agents in the wholesale of food, beverages and tobacco46170Agents in non-specialised wholesale trade46190Business and other management consultancy70200Business consulting70220
Names & trade names
Legal nameNL Sydec
Similar companies Comparable size · 3,590 of 9,869 companies in this sector with filed accounts
Resto-Pub BE 0723.449.160 · Gembloux
MySueño Sport & Health Marketing BE 0795.289.043 · Gent
SJARELMANS BE 0731.568.951 · Tervuren
QL STUDIO BE 0797.299.814 · Rixensart
PICKLES COMMUNICATION BE 0806.083.856 · Pont-à-Celles
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative