SYLCATEX
ActiveSYLCATEX has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €805. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▲+7
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 7.97 against 9.1 in 2024), and 3.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
96.8%
Return on assets
1.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
48 d late
2023
29 d late
2022
29 d late
2021
29 d late
2020
27 d late
2019
59 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▲ 1.4%
2024 · €58k
2018: €74k
2019: €72k
2020: €69k
2021: €65k
2022: €62k
2023: €58k
2024: €58k
2018 → 2025
Total assets
€61k▲ 2.1%
2024 · €60k
2018: €87k
2019: €73k
2020: €70k
2021: €69k
2022: €64k
2023: €60k
2024: €60k
2018 → 2025
Net result
€805
2024 · €-236
2018: €-13k
2019: €-2k
2020: €-3k
2021: €-3k
2022: €-4k
2023: €-3k
2024: €-236
2018 → 2025
Working capital
€14k▲ 9.7%
2024 · €13k
2018: €17k
2019: €18k
2020: €17k
2021: €16k
2022: €15k
2023: €10k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€62k▼ 5.7%€58k▼ 5.4%€58k▼ 0.4%€59k▲ 1.4%
Operating result€-3k-€-4k▼ 3.1%€-4k▼ 0.9%€-304▲ 91.5%€1,000
Net result€-3k-€-4k▼ 19.1%€-3k▲ 10.9%€-236▲ 92.9%€805
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1,000 after a loss of €304 in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€45k▼ 0.9%
Current assets
€16k▲ 11.7%
Equity and liabilities €61k
Equity
€59k▲ 1.4%
Debt
€2k▲ 27.6%
The debt ratio rises from 2.6% to 3.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1k▼
2024 · €2k
Cash flow
€1k▼
2024 · €2k
Solvency
96.8%▼
2024 · 97.4%
Current ratio
7.97▼
2024 · 9.10
Quick ratio
7.97▼
2024 · 9.10
Debt / equity
0.03▲
2024 · 0.03
ROE
1.4%▲
2024 · -0.4%
ROA
1.3%▲
2024 · -0.4%
Interest coverage
5.23▼
2024 · 8.43
Debt
€2k▲
2024 · €2k
Debt ≤ 1 year
€2k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€60k€61k▲
Fixed assets21/28€46k€45k▼
Tangible fixed assets22/27€46k€45k▼
Land and buildings22€46k€45k▼
Current assets29/58€14k€16k▲
Amounts receivable within one year40/41€97€49▼
Other amounts receivable41€97€49▼
Cash at bank and in hand54/58€14k€16k▲
Equity and liabilities
Total equity and liabilities10/49€60k€61k▲
Equity10/15€58k€59k▲
Contributions10/11€62k€62k=
Reserves13€126k€126k=
Distributable reserves133€126k€126k=
Profit (loss) carried forward14€-130k€-129k▲
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€413▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€6k€5k▼
Operating profit (loss)9901€-304€1,000▲
Financial income75/76B€337€75▼
Recurring financial income75€337€75▼
Financial charges65/66B€269€270▲
Recurring financial charges65€269€270▲
Profit (loss) for the period before taxes9903€-236€805▲
Profit (loss) for the period9904€-236€805▲
Profit (loss) for the period to be appropriated9905€-236€805▲
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-129k▲
Profit (loss) brought forward from the previous period14P€-129k€-130k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €805
Net result €805 after 7 loss-making years.
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Liquidity times 8current ratio 16.98
Current ratio from 2.22 to 16.98; short-term debt falls from €14k to €1k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lievegem · 1 establishment unit since 1987
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.
Langeboeken 119930 LievegemGround area
2,334 m²
Building footprint
207 m²
Volume, LiDAR
1,079 m³
Parcel 44080B1102/00E000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SYLCATEX
since 19872.029.665.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080B1102/00E000 | Flanders | 2,334 m² | 1 · 207 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
DE CRAEMER
BE 0755.686.814
Brugge · Eq €59k
TEXTILES ALBERT
BE 0443.866.852
Schaarbeek · Eq €59k
SENZATION
BE 0889.792.678
Antwerpen · Eq €59k
L'ART & DECO
BE 0840.244.187
Elsene · Eq €58k
DOCHEZ-HOTTON DECORATION
BE 0457.287.890
Hensies · Eq €58k
Of 1,268 companies in sector 47512 we hold annual accounts for 579. 464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-1987
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.