SYGMA-D
ActiveSummary
SYGMA-D has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-19k) and a net result of €41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+90
Solvency17▲+15
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.6 in 2024; short-term debt: 103.8% and cash: 5.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-7.9%
Return on assets
17.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 684 sector peers (2025).
NBB · sector comparisonPosition among 684 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
54 d late
2023
30 d late
2022
24 d early
2021
30 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-19k▲ 68.5%
2024 · €-60k
2018: €11k
2019: €-5k
2020: €-2k
2021: €68k
2022: €95k
2023: €20k
2024: €-60k
2018 → 2025
Total assets
€238k▼ 7.7%
2024 · €258k
2018: €101k
2019: €115k
2020: €62k
2021: €132k
2022: €265k
2023: €311k
2024: €258k
2018 → 2025
Net result
€41k
2024 · €-80k
2018: €-15k
2019: €-16k
2020: €3k
2021: €70k
2022: €28k
2023: €-75k
2024: €-80k
2018 → 2025
Working capital
€-83k▲ 31.3%
2024 · €-121k
2018: €-1k
2019: €-20k
2020: €-18k
2021: €41k
2022: €39k
2023: €-50k
2024: €-121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€95k▲ 40.8%€20k▼ 79.0%€-60k€-19k▲ 68.5%
Operating result€83k-€39k▼ 53.4%€-33k€-73k▼ 118%€47k
Net result€70k-€28k▼ 60.5%€-75k€-80k▼ 6.0%€41k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €47k after a loss of €73k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€74k ▼ 0.2%
Current assets
€164k ▼ 10.7%
Key figures and ratios
EBITDA
€66k▲
2024 · €-53k
Cash flow
€60k▲
2024 · €-60k
Solvency
-7.9%▲
2024 · -23.2%
Current ratio
0.66▲
2024 · 0.60
Debt to equity
-13.64▼
2024 · -5.31
ROA
17.2%▲
2024 · -31.0%
Interest coverage
9.63▲
2024 · -7.92
Debt
€257k▼
2024 · €318k
Debt ≤ 1 year
€248k▼
2024 · €305k
Debt > 1 year
€10k▼
2024 · €13k
Income taxes
€278▲
2024 · €260
Staff costs
€202k▲
2024 · €190k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€258k€238k▼
Fixed assets21/28€74k€74k▼
Intangible fixed assets21€11k€9k▼
Tangible fixed assets22/27€51k€50k▼
Plant, machinery and equipment23€18k€15k▼
Furniture and vehicles24€33k€34k▲
Other tangible fixed assets26€1k€640▼
Financial fixed assets28€12k€15k▲
Current assets29/58€184k€164k▼
Amounts receivable within one year40/41€181k€147k▼
Trade receivables40€172k€132k▼
Other amounts receivable41€10k€16k▲
Cash at bank and in hand54/58-€14k
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€258k€238k▼
Equity10/15€-60k€-19k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€16k€16k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€14k€14k=
Profit (loss) carried forward14€-82k€-41k▲
Amounts payable17/49€318k€257k▼
Amounts payable after more than one year17€13k€10k▼
Financial debts170/4€13k€10k▼
Amounts payable within one year42/48€305k€248k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Financial debts43€56k-
Credit institutions430/8€56k-
Trade debts44€104k€98k▼
Suppliers440/4€104k€98k▼
Taxes, remuneration and social security45€62k€63k▲
Taxes450/3€39k€42k▲
Remuneration and social security454/9€23k€22k▼
Other amounts payable47/48€71k€73k▲
Income statement
Code20242025
Remuneration, social security and pensions62€190k€202k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€138k€271k▲
Operating profit (loss)9901€-73k€47k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€-80k€41k▲
Income taxes67/77€260€278▲
Profit (loss) for the period9904€-80k€41k▲
Profit (loss) for the period to be appropriated9905€-80k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-41k▲
Profit (loss) brought forward from the previous period14P€-2k€-82k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €70k ▲2217%
Operating result €83k, net result €70k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.63
Current ratio from 0.72 to 1.63.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nivelles · 2 establishment units since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Arts 171400 NivellesGround area
1,582 m²
Building footprint
678 m²
Volume, LiDAR
5,420 m³
2 parcels, Brussels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SYGMASOFT
since 20052.150.611.150
SYGMASOFT
since 20252.389.399.416
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0292/00B009 | Brussels | 1,017 m² | 1 · 539 m² | 10.3 m · 3 fl. |
| 25072B0290/00B004 | Wallonia | 565 m² | 1 · 139 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500E8EDD7845ADE34
Similar companies · same sector, comparable size
Pivertice
BE 1017.591.366
Fleurus · Eq €20,269
FASTER SOLUTION
BE 1014.473.609
Mons · Eq €19,780
KY TRAINING & SERVICES
BE 0792.974.901
Brussel · Eq €19,759
PAPILLONS
BE 1003.627.128
La Hulpe · Eq €19,654
ACTing-ACT
BE 0779.981.849
Gembloux · Eq €19,572
Of 3,017 companies in sector 85592 we hold annual accounts for 987. 582 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.