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SYK CONSTRUCT

Active
Private limited companyfounded 20233 yrs activeBergensesteenweg 24/8, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0797.724.436
Summary

The computed 12-month bankruptcy probability of SYK CONSTRUCT is 2.4% (moderate). The 2026 annual accounts show equity of €31,163 and a net result of €2,434. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 99 sector peers (fiscal year 2026). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2026
Axes · tick = 2025
Profitability75▲+6
Solvency93▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.07 against 2.29 in 2025; short-term debt: 32.3% and cash: 0.4% of total assets), and 32.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
67.7%
Return on assets
5.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 05-07-2026, 57 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2026
57 d early
2025
39 d late
2024
75 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-01-2027 close31-08-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SYK CONSTRUCT was incorporated on 27 January 2023 as a Private limited company.1 Total assets went from EUR 44,240 in 2024 to EUR 46,032 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024 and 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
€31,163▲ 8.5%
2025 · €28,728
Total assets
€46,032▼ 7.4%
2025 · €49,697
Net result
€2,434▼ 61.7%
2025 · €6,360
Working capital
€30,844▲ 13.9%
2025 · €27,085
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202420252026
Operating result€25,611-€8,801▼ 65.6%€3,750▼ 57.4%
Net result€20,368within the sector's middle half-€6,360within the sector's middle half▼ 68.8%€2,434▼ 61.7%
Equity€22,368within the sector's middle half-€28,728within the sector's middle half▲ 28.4%€31,163▲ 8.5%
Total assets€44,240below the sector's middle half-€49,697below the sector's middle half▲ 12.3%€46,032▼ 7.4%
Debt€21,872-€20,969▼ 4.1%€14,870▼ 29.1%
Working capital€22,368-€27,085▲ 21.1%€30,844▲ 13.9%
Solvency50.6%within the sector's middle half-57.8%within the sector's middle half▲ 7.2pp67.7%▲ 9.9pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2024: €25,611€25,611Net result 2024: €20,368€20,368Operating result 2025: €8,801€8,801Net result 2025: €6,360€6,360Operating result 2026: €3,750€3,750Net result 2026: €2,434€2,434202420252026€0€10,000€20,000€30,000Operating result 2024: €25,611€25,600Net result 2024: €20,368€20,400Operating result 2025: €8,801€8,800Net result 2025: €6,360€6,360Operating result 2026: €3,750€3,750Net result 2026: €2,434€2,430202420252026
The operating result has fallen two years in a row; 2026 is 57% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €46,032
Fixed assets €319 ▼ 80.6%
Current assets €45,714 ▼ 4.9%
Equity and liabilities €46,032
Equity €31,163 ▲ 8.5%
Debt €14,870 ▼ 29.1%
Debt's share of the balance-sheet total falls from 42.2% to 32.3%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€5,075▼
2025 · €9,807
Cash flow
€3,759▼
2025 · €7,367
Current ratio
3.07▲
2025 · 2.29
Debt to equity
0.48▼
2025 · 0.73
ROE
7.8%▼
2025 · 22.1%
ROA
5.3%▼
2025 · 12.8%
Interest coverage
47.26▲
2025 · -1041.13
Debt ≤ 1 year
€14,870▼
2025 · €20,969
Income taxes
€1,208▼
2025 · €2,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 36 lines
Balance sheet Code20252026
Assets
Total assets20/58€49,697€46,032▼
Fixed assets21/28€1,644€319▼
Tangible fixed assets22/27€1,644€319▼
Furniture and vehicles24€1,644€319▼
Current assets29/58€48,054€45,714▼
Stocks and contracts in progress3€7,409-
Contracts in progress37€7,409-
Amounts receivable within one year40/41€40,621€45,551▲
Trade receivables40€40,621€44,770▲
Other amounts receivable41€0€781▲
Cash at bank and in hand54/58€24€163▲
Equity and liabilities
Total equity and liabilities10/49€49,697€46,032▼
Equity10/15€28,728€31,163▲
Contributions10/11€2,000€2,000=
Outside capital11€2,000€2,000=
Other1109/19€2,000€2,000=
Profit (loss) carried forward14€26,728€29,163▲
Amounts payable17/49€20,969€14,870▼
Amounts payable within one year42/48€20,969€14,870▼
Trade debts44€944-
Suppliers440/4€944€0▼
Taxes, remuneration and social security45€12,752€10,417▼
Taxes450/3€6,114€3,779▼
Remuneration and social security454/9€6,638€6,638=
Other amounts payable47/48€7,273€4,453▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,006€1,325▲
Gross operating margin9900€9,807€5,075▼
Operating profit (loss)9901€8,801€3,750▼
Financial charges65/66B-€9€107▲
Recurring financial charges65-€9€107▲
Profit (loss) for the period before taxes9903€8,810€3,642▼
Income taxes67/77€2,450€1,208▼
Profit (loss) for the period9904€6,360€2,434▼
Profit (loss) for the period to be appropriated9905€6,360€2,434▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,728€29,163▲
Profit (loss) brought forward from the previous period14P€20,368€26,728▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,006€1,325▲ 31.7%
Gross operating margin9900€25,611€9,807€5,075▼ 48.3%
Operating profit (loss)9901€25,611€8,801€3,750▼ 57.4%
Financial income75/76B€10---
Recurring financial income75€10---
Financial charges65/66B€161-€9€107▲ 1,240%
Recurring financial charges65€161-€9€107▲ 1,240%
Profit (loss) for the period before taxes9903€25,460€8,810€3,642▼ 58.7%
Income taxes67/77€5,092€2,450€1,208▼ 50.7%
Profit (loss) for the period9904€20,368€6,360€2,434▼ 61.7%
Profit (loss) for the period to be appropriated9905€20,368€6,360€2,434▼ 61.7%
Line202420252026Change
Assets
Total assets20/58€44,240€49,697€46,032▼ 7.4%
Fixed assets21/28-€1,644€319▼ 80.6%
Tangible fixed assets22/27-€1,644€319▼ 80.6%
Furniture and vehicles24-€1,644€319▼ 80.6%
Current assets29/58€44,240€48,054€45,714▼ 4.9%
Stocks and contracts in progress3-€7,409--
Contracts in progress37-€7,409--
Amounts receivable within one year40/41€44,228€40,621€45,551▲ 12.1%
Trade receivables40€43,300€40,621€44,770▲ 10.2%
Other amounts receivable41€928€0€781-
Cash at bank and in hand54/58€12€24€163▲ 588%
Equity and liabilities
Total equity and liabilities10/49€44,240€49,697€46,032▼ 7.4%
Equity10/15€22,368€28,728€31,163▲ 8.5%
Contributions10/11€2,000€2,000€2,000=
Outside capital11-€2,000€2,000=
Other1109/19-€2,000€2,000=
Profit (loss) carried forward14€20,368€26,728€29,163▲ 9.1%
Amounts payable17/49€21,872€20,969€14,870▼ 29.1%
Amounts payable within one year42/48€21,872€20,969€14,870▼ 29.1%
Trade debts44€9,910€944--
Suppliers440/4€9,910€944€0▼ 100%
Taxes, remuneration and social security45€11,730€12,752€10,417▼ 18.3%
Taxes450/3€5,092€6,114€3,779▼ 38.2%
Remuneration and social security454/9€6,638€6,638€6,638=
Other amounts payable47/48€232€7,273€4,453▼ 38.8%
Line202420252026Change
Profit (loss) for the period9904€20,368€6,360€2,434▼ 61.7%
+ Depreciation and write-downs630-€1,006€1,325▲ 31.7%
Operating cash flow (approximation)€20,368€7,367€3,759▼ 49.0%
Investment in fixed assets (approximation)--€0-
Change in cash-€12€139▲ 1,090%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-08-2027
2026
05-07
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
31-01
Financial Weakest financial yearnet €2,434 ▼61.7%
Net result drops to €2,434, the lowest in the series.
2025
09-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2024
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

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.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Pieters-Leeuw · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,735 m²
Building footprint
478 m²
Volume, LiDAR
4,075 m³
2 parcels, Brussels, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SYK CONSTRUCT
Léon de Lantsheerestraat 5, 1040 EtterbeekDemolition
since 20232.344.049.540
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23077A0118/00W082 Flanders 1,638 m² 1 · 398 m² 9.5 m · 3 fl.
21005A0499/00L005 Brussels 97 m² 1 · 81 m² 15.1 m · 4 fl.
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.

Similar companies · same sector, comparable size

Of 7,300 companies in sector 43350 we hold annual accounts for 2,362. 1,923 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
Founded27-01-2023
Fiscal year end31-01
Activities, NACEBEL 2025
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797724436
Registered 02-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.