SYLVARDENNES
ActiveSYLVARDENNES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304k and a net result of €3k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 313 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +29 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+6
Solvency100▲+2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.96 in 2024), and 26.3% of the assets are financed with debt.
Credit advice 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 02
Relative position
BE, all sectors
reference
Sector 02
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
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
73.7%
Return on assets
0.8%
Age of the figures
9 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 24-08-2026, 24 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
24 d late
2024
11 d late
2023
8 d early
2022
34 d early
2021
25 d early
2020
3 d late
2019
2 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€304k▲ 1.2%
2024 · €301k
2018: €209k
2019: €214k
2020: €246k
2021: €247k
2022: €292k
2023: €311k
2024: €301k
2018 → 2025
Total assets
€413k▼ 13.4%
2024 · €476k
2018: €345k
2019: €319k
2020: €375k
2021: €395k
2022: €590k
2023: €497k
2024: €476k
2018 → 2025
Net result
€3k
2024 · €-10k
2018: €825
2019: €5k
2020: €31k
2021: €15k
2022: €55k
2023: €19k
2024: €-10k
2018 → 2025
Working capital
€134k▲ 22.4%
2024 · €109k
2018: €135k
2019: €130k
2020: €114k
2021: €72k
2022: €84k
2023: €107k
2024: €109k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€292k▲ 18.3%€311k▲ 6.5%€301k▼ 3.3%€304k▲ 1.2%
Operating result€25k-€72k▲ 185%€34k▼ 53.3%€-4k€11k
Net result€15k-€55k▲ 259%€19k▼ 65.9%€-10k€3k
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: €11k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €413k
Fixed assets
€199k▼ 21.2%
Current assets
€213k▼ 4.5%
Equity and liabilities €413k
Equity
€304k▲ 1.2%
Debt
€108k▼ 38.2%
The debt ratio falls from 36.9% to 26.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€73k▲
2024 · €63k
Cash flow
€65k▲
2024 · €56k
Solvency
73.7%▲
2024 · 63.1%
Current ratio
2.68▲
2024 · 1.96
Quick ratio
1.48▲
2024 · 0.89
Debt / equity
0.36▼
2024 · 0.58
ROE
1.1%▲
2024 · -3.4%
ROA
0.8%▲
2024 · -2.1%
Interest coverage
14.12▲
2024 · 9.94
Debt
€108k▼
2024 · €176k
Debt ≤ 1 year
€80k▼
2024 · €114k
Debt > 1 year
€29k▼
2024 · €60k
Income taxes
€3k▲
2024 · €0
Staff costs
€48k▲
2024 · €27k
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€476k€413k▼
Fixed assets21/28€253k€199k▼
Tangible fixed assets22/27€251k€198k▼
Land and buildings22€141k€136k▼
Plant, machinery and equipment23€47k€28k▼
Furniture and vehicles24€63k€35k▼
Financial fixed assets28€2k€650▼
Current assets29/58€223k€213k▼
Stocks and contracts in progress3€122k€95k▼
Stocks30/36€122k€95k▼
Amounts receivable within one year40/41€51k€23k▼
Trade receivables40€37k€5k▼
Other amounts receivable41€14k€18k▲
Cash at bank and in hand54/58€49k€87k▲
Deferred charges and accrued income490/1€693€8k▲
Equity and liabilities
Total equity and liabilities10/49€476k€413k▼
Equity10/15€301k€304k▲
Contributions10/11€12k€12k=
Reserves13€184k€187k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€72k€72k=
Distributable reserves133€110k€113k▲
Profit (loss) carried forward14€105k€105k▲
Amounts payable17/49€176k€108k▼
Amounts payable after more than one year17€60k€29k▼
Financial debts170/4€60k€29k▼
Amounts payable within one year42/48€114k€80k▼
Current portion of amounts payable after more than one year42€35k€31k▼
Trade debts44€63k€40k▼
Suppliers440/4€63k€40k▼
Taxes, remuneration and social security45€16k€9k▼
Taxes450/3€9k€2k▼
Remuneration and social security454/9€7k€7k▲
Accrued charges and deferred income492/3€2k€100▼
Income statement
Code20242025
Remuneration, social security and pensions62€27k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€61k▼
Other operating charges640/8€2k€971▼
Gross operating margin9900€91k€122k▲
Operating profit (loss)9901€-4k€11k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-10k€6k▲
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€-10k€3k▲
Profit (loss) for the period to be appropriated9905€-10k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€108k▲
Profit (loss) brought forward from the previous period14P€115k€105k▼
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (10 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €-10k ▼154%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €55k ▲259%
Operating result €72k, net result €55k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
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
2 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, Bouillon · 1 establishment unit since 1997
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.
Route du Christ 366830 BouillonGround area
3,018 m²
Building footprint
443 m²
Volume, LiDAR
2,773 m³
2 parcels, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Route du Christ 19, 6830 Bouillon
since 19972.084.401.623
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84010B0068/00C000 | Wallonia | 1,523 m² | 1 · 201 m² | 10.4 m · 2 fl. |
| 84010A0597/00B002 | Wallonia | 1,494 m² | 1 · 241 m² | 6.5 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.
Similar companies · same sector, comparable size
ARDEN'FOREST
BE 0867.195.539
Florenville · Eq €296k
ENTREPRISES FERNAND FORGET
BE 0433.593.067
Libramont-Chevigny · Eq €312k
PLENNEVAUX
BE 0862.629.809
Bastogne · Eq €295k
D.R.L.
BE 0430.001.592
Profondeville · Eq €295k
Exploitations forestières HAMER Frères
BE 0445.738.259
Bastogne · Eq €316k
Of 1,556 companies in sector 02200 we hold annual accounts for 449. 337 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1997
Fiscal year end31-12
Activities, NACEBEL
02012
02200Logging
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.