Summary
SYDO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €95,903 and a net result of €67,887. Equity is shrinking by ~5.4% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
114 d early
2023
50 d early
2022
18 d early
2021
109 d early
2020
19 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, unclassified schema
Turnover
€380,000
EBIT margin
-5.6%
Net result
€67,887▼ 81.7%
2024 · €371,083
Working capital
-€1.1m
2024 · €235,346
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
Line20212022202320242025
Turnover€380,000
Operating result-€4,931▲ 68.5%€24,247-€10,924-€5,255▲ 51.9%-€21,326▼ 306%
Net result€382,630▼ 19.2%€688,470▲ 79.9%€601,034▼ 12.7%€371,083▼ 38.3%€67,887▼ 81.7%
EBIT margin-5.6%
Equity€967,428▼ 0.2%€1.1m▲ 9.1%€1.7m▲ 56.9%€528,015▼ 68.1%€95,903▼ 81.8%
Total assets€1.4m▲ 36.6%€1.7m▲ 21.4%€1.7m▼ 0.2%€2.0m▲ 22.4%€15.6m▲ 670%
Debt€400,229▲ 1,174%€604,186▲ 51.0%€480▼ 99.9%€1.5m▲ 312,416%€15.5m▲ 935%
Working capital€7,063▲ 2.1%€43,196▲ 512%€1.4m▲ 3,085%€235,346▼ 82.9%-€1.1m
Why a figure moved sharply
- 2025 Net result -82%, Equity -82%, Total assets +670% on 2024. Cause not known from the registers.
- 2024 Equity -68% on 2023. Cause not known from the registers.
- 2023 Equity +57% on 2022. Cause not known from the registers.
- 2022 Net result +80% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,326 in 2025 against €5,255 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.6m
Fixed assets
€15.0m ▲ 5,024%
Current assets
€608,045 ▼ 65.0%
Equity and liabilities €15.6m
Equity
€95,903 ▼ 81.8%
Debt
€15.5m ▲ 935%
Debt's share of the balance-sheet total rises from 74.0% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
70.8%▲
2024 · 70.3%
ROA
0.4%▼
2024 · 18.3%
Debt ≤ 1 year
€1.7m▲
2024 · €1.5m
Debt > 1 year
€13.6m
Income taxes
€0▼
2024 · €385
A ratio outside any meaningful range has been withheld (balance sheet total €15.6m, equity €95,903).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €380,000 | - |
| Turnover70 | - | - | - | - | €380,000 | - |
| Non-recurring operating income76A | - | - | €0 | - | - | - |
| Operating charges60/66A | - | - | - | - | €401,326 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0 | - | - | - |
| Services and other goods61 | - | - | - | - | €377,678 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,438 | - | - | - | - | - |
| Other operating charges640/8 | - | €1,644 | €914 | €964 | €1,148 | ▲ 19.1% |
| Non-recurring operating charges66A | - | - | - | - | €22,500 | - |
| Gross operating margin9900 | €12,866 | €25,890 | -€10,010 | -€4,291 | - | - |
| Operating profit (loss)9901 | -€4,931 | €24,247 | -€10,924 | -€5,255 | -€21,326 | ▼ 306% |
| Financial income75/76B | - | €665,000 | €679,481 | €384,183 | €405,300 | ▲ 5.5% |
| Recurring financial income75 | €388,000 | €665,000 | €612,411 | €384,183 | €405,300 | ▲ 5.5% |
| Income from financial fixed assets750 | - | - | - | - | €401,000 | - |
| Income from current assets751 | - | - | - | - | €4,300 | - |
| Non-recurring financial income76B | - | - | €67,070 | - | - | - |
| Financial charges65/66B | - | €776 | €67,524 | €7,459 | €316,087 | ▲ 4,138% |
| Recurring financial charges65 | €439 | €776 | €798 | €7,459 | €316,087 | ▲ 4,138% |
| Debt charges650 | - | - | - | - | €314,886 | - |
| Other financial charges652/9 | - | - | - | - | €1,202 | - |
| Non-recurring financial charges66B | - | - | €66,726 | - | - | - |
| Profit (loss) for the period before taxes9903 | €382,630 | €688,470 | €601,034 | €371,468 | €67,887 | ▼ 81.7% |
| Income taxes67/77 | - | - | - | €385 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €382,630 | €688,470 | €601,034 | €371,083 | €67,887 | ▼ 81.7% |
| Profit (loss) for the period to be appropriated9905 | €382,630 | €688,470 | €601,034 | €371,083 | €67,887 | ▼ 81.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.7m | €1.7m | €2.0m | €15.6m | ▲ 670% |
| Fixed assets21/28 | €960,799 | €1.0m | €281,706 | €293,153 | €15.0m | ▲ 5,024% |
| Tangible fixed assets22/27 | €0 | €0 | - | - | - | - |
| Furniture and vehicles24 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €960,799 | €1.0m | €281,706 | €293,153 | €15.0m | ▲ 5,024% |
| Affiliated companies280/1 | - | - | - | - | €15.0m | - |
| Participating interests280 | - | - | - | - | €15.0m | - |
| Current assets29/58 | €406,859 | €646,949 | €1.4m | €1.7m | €608,045 | ▼ 65.0% |
| Amounts receivable within one year40/41 | €54 | €155,000 | €1.1m | €8,052 | €59,358 | ▲ 637% |
| Trade receivables40 | - | €0 | - | - | €57,475 | - |
| Other amounts receivable41 | - | €155,000 | €1.1m | €8,052 | €1,883 | ▼ 76.6% |
| Current investments50/53 | - | - | - | €1.6m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €406,475 | €491,949 | €268,021 | €90,621 | €545,731 | ▲ 502% |
| Deferred charges and accrued income490/1 | - | €0 | €12,411 | €11,673 | €2,956 | ▼ 74.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.7m | €1.7m | €2.0m | €15.6m | ▲ 670% |
| Equity10/15 | €967,428 | €1.1m | €1.7m | €528,015 | €95,903 | ▼ 81.8% |
| Contributions10/11 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €937,000 | €1.0m | €1.6m | €495,000 | €65,000 | ▼ 86.9% |
| Distributable reserves133 | - | €1.0m | €1.6m | €495,000 | €65,000 | ▼ 86.9% |
| Profit (loss) carried forward14 | €428 | €898 | €1,932 | €3,015 | €903 | ▼ 70.1% |
| Amounts payable17/49 | €400,229 | €604,186 | €480 | €1.5m | €15.5m | ▲ 935% |
| Amounts payable after more than one year17 | €0 | - | - | - | €13.6m | - |
| Financial debts170/4 | - | - | - | - | €13.6m | - |
| Subordinated loans170 | - | - | - | - | €3.5m | - |
| Credit institutions173 | - | - | - | - | €10.0m | - |
| Amounts payable within one year42/48 | €399,795 | €603,752 | €0 | €1.5m | €1.7m | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | €1.1m | - |
| Financial debts43 | - | - | - | - | €0 | - |
| Trade debts44 | €0 | €0 | €0 | €0 | €52,142 | - |
| Suppliers440/4 | - | €0 | €0 | - | €52,142 | - |
| Taxes, remuneration and social security45 | - | €3,752 | €0 | - | €1,040 | - |
| Taxes450/3 | - | €3,752 | €0 | - | €1,040 | - |
| Other amounts payable47/48 | - | €600,000 | €0 | €1.5m | €500,000 | ▼ 66.7% |
| Accrued charges and deferred income492/3 | - | €434 | €480 | €484 | €252,114 | ▲ 52,016% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €382,630 | €688,470 | €601,034 | €371,083 | €67,887 | ▼ 81.7% |
| + Depreciation and write-downs630 | €16,438 | - | - | - | - | - |
| Operating cash flow (approximation) | €399,068 | €688,470 | €601,034 | €371,083 | €67,887 | ▼ 81.7% |
| Investment in fixed assets (approximation) | - | -€52,337 | €731,430 | -€11,447 | -€14.7m | ▼ 128,559% |
| Change in cash | - | €85,474 | -€223,928 | -€177,400 | €455,110 | ▲ 357% |
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
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
2025
30-06
Financial
Weakest financial yearnet €67,887 ▼81.7%
Net result drops to €67,887, the lowest in the series.
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
13-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2019net €688,470 ▲79.9%
Operating result €24,247, net result €688,470, both a record.
30-06
Financial
Equity above €1mEq €1.1m ▲9.1%
4 profitable years in a row build equity to €1.1m.
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Liquidity triplescurrent ratio 1.41
Current ratio from 0.47 to 1.41; short-term debt falls from €317,273 to €17,060.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Stavelot · 1 establishment unit since 2008
Ground area
6,969 m²
Building footprint
847 m²
Volume, LiDAR
5,946 m³
2 parcels, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SYDO
since 20082.169.560.990
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63027B0719/00A008 | Wallonia | 4,536 m² | 1 · 847 m² | 9.5 m · 2 fl. |
| 63027B0737/00_000 | Wallonia | 2,433 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 owners · 4 holdings · 5 subsidiaries in the treeOwners 2
-
30%
-
10%
Holdings 4
-
100%
- O.S. CONCEPTsubsidiaryEquity €2.0mResult €2.1m100%
-
100%
-
60%
All subsidiaries, including indirect ones 5
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- AMECAM 100%
O.S. CONCEPT 100%1 subsidiary
- CARGO LIFTING 100%
- VAN CONVERSION 100%
- STICKERS DESIGN 60%
According to the annual accounts to 30-06-2025 of SYDO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,544 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
Founded14-02-2008
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Contact
Phone
0498/90.66.66Stavelot
Phone
087/32.15.12Stavelot
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895784310
Also
9925:BE0895784310
Registered
29-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.