SYK CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SYK CONSTRUCT is 3.2% (moderate). The 2026 annual accounts show equity of €31,163 and a net result of €2,434. Equity has been growing by about 15% per year since 2024. Its solvency ranks better than 71% of 358 sector peers (NACE 43, financial year 2026). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-01-2023 Normal situation
- Registered office
- 605 active companies are registered at this address 116 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Other building finishing work NACE 43350and 3 others
- Establishment unit
- 2.344.049.540 1040 Etterbeek, since 27-01-2023
- Financial year end
- 31 January
- Peppol
- Reachable since 02-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.2%
- Gross margin
- €5,075
- ▼ 48.3%
- Turnover
- ≈ €51,000
- estimated
- Profit
- €2,434
- ▼ 61.7%
- Equity
- €31,163
- ▲ 8.5%
- Total assets
- €46,032
- ▼ 7.4%
Score breakdownraises riskFounded in 2023Size: total assets €46,032Liquidity: current ratio 3.07, cash €1631 of the last 3 accounts lateShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 74% of them on solvency, 25% on liquidity, 50% on profitability and 53% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 31 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 05-07-2026 at the NBB all 3 filings
2024 to 2026, 3 financial years
The operating result for 2026 is 57% lower than in 2025 and the lowest since 2024. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-01-2025 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 31-01-2024 | 31-01-2025 | 31-01-2026 |
|---|---|---|---|
| Tangible fixed assets | - | €2,650 | - |
| Depreciation and write-downs of the year | - | €1,006 | €1,325 |
Source: notes to the 2024 to 2026 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SYK CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €34,100 and €53,300, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| SYK CONSTRUCT Sint-Pieters-Leeuw | 2023 | €46,032 | €31,163 | €5,075 | €2,434 | 2026 |
| QUERRIAU CARRO La Louvière | 2022 | €49,648 | €4,219 | €6,202 | -€23,739 | 2024 |
| LODATIS Zaventem | 2023 | €48,195 | €1,681 | €4,467 | €681 | 2024 |
| ACMD Construct Bierbeek | 2022 | €53,333 | €16,951 | €6,043 | -€14,498 | 2025 |
| ALL YOU NEED SERVICES Chastre | 2022 | €34,142 | €31,798 | €5,778 | €205 | 2025 |
| Strubbe Ruben Zedelgem | 2022 | €49,029 | €44,477 | €7,843 | €538 | 2026 |
| TOM AERTS KLUSDIENST Mol | 2023 | €35,697 | €20,178 | €5,125 | -€2,919 | 2025 |
They were chosen from the 2,275 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as SYK CONSTRUCT has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of SYK CONSTRUCT itself is higher: 3.2% within 12 months. It rests on far more data about SYK CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SYK CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| 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 | - |
| Recurring financial charges65 | €161 | -€9 | €107 | - |
| 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% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| 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 | = |
| Contributions 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% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| 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 | ▲ 12× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- STOICA Vasile 100 shares (100%) · in cash
Capital transactions
- 31-01-2023 Incorporation · €2,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Ontbinding bij besluit van de algemene vergadering die beraadslaagt zoals inzake statutenwijziging”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, om welke reden en op welk ogenblik ook”
Articles of association, deed of 31-01-2023 (in Dutch)
Network & group
SYK CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SYK CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
31-01
Gazette deed
IncorporationStarting capital €2,000 · Appointment: STOICA Vasile (director) · Founder10 points ▸
- Incorporation, 24-01-2023
- Founder, STOICA Vasile
- Founding capital, €2,000
- STOICA Vasile holds 100 shares
- Kind of shares, 100, “gelijk recht in winstverdeling” (deed in Dutch)
- Other provision, “eerste algemene vergadering, vierde donderdag mei” (deed in Dutch)
- Registered office clause, “1600 Sint-Pieters-Leeuw,Bergensesteenweg,24/8” (deed in Dutch)
- Director appointment, STOICA Vasile (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Power of attorney, Charles HUYLEBROUCK
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
18 activities
- Het uitvoeren van betonwerken in de meest ruime zin (onder meer,maar niet uitsluitend,voor woningen,appartementsgebouwen,industriegebouwen,kantoorgebouwen,culturele gebouwen en sportgebouwen)
- De aankoop en verkoop van beton,aanverwante goederen en ander materieel
- De productie en verkoop van betonelementen en betonconstructies
- Het uitvoeren van isolatiewerken,chapewerken,bekistingswerken,grondwerken,funderingswerken en ruwbouwwerken
- Het verrichten van bouwwerkzaamheden in de meest ruime zin,daaronder begrepen het (laten) bouwen alsook het verkopen van gebouwen en constructies
- Kleinhandel in bouwmaterialen
- Betoncentrale
- Het leggen van chapes en betonvloeren
- Alle activiteiten die direct of indirect verband houden met het onderhoud,de renovatie,reparatie,verfraaiing,vernieuwing en de modernisering van alle soorten kunstwerken,onroerende goederen,huizen,appartementen,bedrijven,industriële gebouwen,loodsen,schuren,silo’s en meer in het algemeen alle handelingen die direct of indirect verband houden met publieke en private werken en de bouwsector. De aanleg en het onderhoud van tuinen,parken,sportvelden,zwembaden,wegen,paden,hekken en afsluitingen
- Alle activiteiten van algemene aannemer,de studie en realisatie van alle bouwwerken,openbaar en particulier,sleutel-op-de-deur of andere,de installatie en het onderhoud van metselwerk,bakstenen,betonwerken,zink,… als algemene aannemer of onderaannemer,het ontwerp en de bouw van alle gebouwen,de renovatie,sloop,bouw en verbouwing van gebouwen,de uitvoering van alle installatie- en reparatiewerkzaamheden,sanitair,elektrisch,centrale verwarming,rioolontstopping,hydraulisch,grondwerken,drainage,het leggen van kabels,diverse leidingen en metalen versterkingen,verbindingen,verven (binnen-buiten),wand- en vloerbedekkingen,gevel,plafond,inlijsting,timmerwerk en metaalschrijnwerk,…..muurstrippen,akoestische,thermische en koelingsisolatie,reiniging en onderhoud van gebouwen,ramen en kantoren,de installatie van sierschoorstenen of andere marmer of sierversieringen,het plaatsen van sloten en ijzerwaren,deuren,ramen,plastieken plinten,het leggen van parket vloeren en alle houtbedekkingen,het vegen van schoorstenen,de plaatsing van elektrische apparatuur,alarm- en bewakingssystemen,de installatie van verwarming,airconditioning,koel- en ventilatiesystemen,de bouw van tanks,metalen constructies,de installatie van ingerichte keukens,de productie,installatie en inrichting van beursstands en beurzen,de assemblage en ontmanteling van steigers en platformen,het onderhoud en het schoonmaken van allerlei uitrustingsstukken,de installatie,de bouw,het onderhoud en de reparatie van personenliften en goederenliften
- Montage en demontage van steigers en werkplatformen
- Alle professionele activiteiten in verband met elektriciteit,evenals het plaatsen,repareren,onderhouden en de inbedrijfstelling van diverse elektrische installaties,elektrische apparaten van alle soorten,kroonluchters,verlichting en radio-elektrische apparatuur,domotica,parlofonie,videofonie,enz.
- Het ontwerp,de studie en/of de realisatie van elektrische installaties,beveiliging-,evacuatie- en brandsystemen,toegangscontroles,automatisering,telefonie en/of gestructureerde bekabeling
- De studie,realisatie en installatie van elektrische HVAC-panelen,elektrische installatie met hoge,gemiddelde en lage spanning,automatisering
- Alle activiteiten van verwarmingstechnicus in de meest ruime zin…,inclusief de aankoop,verkoop,reparatie,plaatsing en onderhoud van alle verwarmingsinstallaties,verwarmings- en verluchtingsmateriaal ongeacht de energiebron,en alle activiteiten van aankoop,verkoop,reparatie,plaatsing en onderhoud van uitgeruste keukens,industriële pijpleidingen alsook schoorsteenvegen
- De handel,verkoop,fabricage,aanpassing,het onderhoud met betrekking tot airconditioning,verwarming,leidingen,warmtepompen,geothermische sondes,ventilatie en airconditioning,zonne- en fotovoltaïsche panelen,de exploitatie van de windenergie,de warmte isolatie of energiebesparingen,met inbegrip van alle bijkomende werkzaamheden die relevant zijn of verband houden met de uitoefening van de hierboven bedoelde handel,naast de werkzaamheden in verband met het gebruik van gas,kolen en elektriciteit
- De handel,verkoop,fabricage,wijzigingen,onderhoud van sanitaire artikelen,verwarmingstoestellen en de detailhandel van kachels
- Alle werkzaamheden die direct of indirect verband houden met de installatie,het onderhoud,de renovatie,de reparatie en de verbetering,de modernisering van verwarmings-,verwarmingsketels-,ventilatie- en airconditioningsapparatuur en leidingen,elektrische,verzinkte,sanitaire,gas- en waterleidingen en -aansluitingen
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0797.724.436
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21005A0499/00L005 | Brussels | 97 m² | 1 · 81 m² | 15.1 m · 4 |