Summary
SYENSQO is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €7.58bn and a net result of -€215.4m. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 27-02-2023 Normal situation
- Registered office
- 10 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Activities of holding companies NACE 64210and 5 others
- Establishment unit
- 2.351.787.269 1130 Brussel, since 16-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
Shareholders
- SOLVAY100%· score 84act of 26-10-2023
- Solvac31.39%2025 annual accounts of Solvac
- Blackrock Inc3.63%annual accounts 2024
- Holdings
- Shares in 17 companies including Rhodia Holdings Ltd and Solvay Bucharest srl
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2024
- Loss
- €215.4m
- ▼ 28.1%
- Equity
- €7.58bn
- ▼ 5.6%
- Total assets
- €10.69bn
- ▼ 8.4%
- Employees on 31-12-2024
- 365
- =
Standalone figures, without subsidiaries
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
63 days early
2024
73 days early
2023
41 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 59 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 May (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: 2nd largest company by equity in Brussels, Finance and insurance sectorin the Checked rankings No. 2 View
- Board changedlatest change 09-07-2026 · 14 in office 5 joined · 6 left View
- Restructuring with Solvay SA/NVrestructuring on 02-02-2024 2024 View
- Positive: Result rose in 2024from -€299.6m to -€215.4m ▲ 28.1% View
Recent changes
- · Gazette deed 13 directors appointed, 8 directors resigningResignations: Rosemary Thorne, Roeland Baan and 4 others · Appointments: Miguel Mantas, Martine Snels and 6 others · Permanent representative: Marie Kaisin
- · Gazette deed Capital & shares · Amendment of the articles
- · Gazette deed Appointment: Michael Radossich (CEO)Resignation: Ilham Kadri (CEO and director)
Companies linked to SYENSQO
Subsidiaries and holdings
Comparable companies
These companies have the same main activity as SYENSQO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €2.5bn and €9.8bn, founded between 2012 and 2024.
| Company | Total assets | Turnover |
|---|---|---|
| SYENSQO Brussel | €10,693.5m | - |
| Wallonie Entreprendre Liège | €5,358.0m | €3.0m |
| Eurostar Group Sint-Gillis (bij-Brussel) | €2,469.0m | - |
| Azelis Group Antwerpen | €6,154.3m | €79.4m |
| United Petfood Holdco Gent | €2,707.4m | €0.8m |
| KORYS Halle | €2,682.8m | €0.1m |
| Wise Europe Elsene | €9,819.4m | €434.0m |
Key facts about SYENSQO
- What is the company number of SYENSQO?
- The company number of SYENSQO is 0798.896.453. The VAT number is the same number with BE in front: BE 0798.896.453.
- Where is SYENSQO based?
- The registered office is at Raketstraat 98, 1130 Brussel.Company details
- What does SYENSQO do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of SYENSQO?
- The legal form of SYENSQO is Public limited company (NV).
- When was SYENSQO founded?
- SYENSQO was founded on 27-02-2023.
- Is SYENSQO still active?
- Yes, SYENSQO is an active enterprise in the KBO register.
- How many employees does SYENSQO have?
- SYENSQO had an average of 357.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of SYENSQO?
- The annual accounts for financial year 2024 state no turnover.
- Is SYENSQO profitable?
- In financial year 2024, SYENSQO made a loss of €215.4m.
- Where can I find the annual accounts of SYENSQO?
- SYENSQO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SYENSQO due?
- SYENSQO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies See the other companies in the same group.SOLVAY · 56 companies
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