SYMPA (0473.580.922): financials and annual accounts

SYMPA

Ghent ·KBO/BCE: BE 0473.580.922

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	1.8m	1.9m	1.9m	1.2m	446,501	268,552	335,276	345,742	380,141	295,859	309,444	208,681	307,277	311,690	161,530	76,639	62,538	36,271
Fixed assets`21/28`	1.6m	1.7m	1.6m	821,464	114,329	79,683	123,844	211,097	263,761	230,238	228,052	189,585	256,187	300,610	126,090	52,327	51,515	27,814
Intangible fixed assets`21`	24,959	-	-	-	-	-	-	-	-	-	-	-	1,000	2,000	3,000	4,000	5,000	6,000
Tangible fixed assets`22/27`	1.5m	1.7m	1.6m	819,014	112,193	77,547	121,708	208,962	261,626	230,238	228,052	189,585	255,187	298,610	123,090	48,327	46,515	19,665
Land and buildings`22`	1.2m	1.2m	1.2m	399,822	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	67,037	75,523	42,512	54,892	60,188	10,750	18,328	34,651	54,025	59,974	40,390	68,662	107,935	148,363	116,297	37,138	30,930	16,385
Furniture and vehicles`24`	237,047	300,209	233,087	280,592	22,484	21,097	45,310	96,762	117,384	63,264	89,532	23,311	35,281	27,543	6,793	11,189	15,585	3,280
Other tangible fixed assets`26`	94,421	83,804	97,781	83,708	29,521	45,700	58,070	77,548	90,217	107,000	98,130	97,612	111,971	122,703	-	-	-	-
Financial fixed assets`28`	2,136	2,136	2,451	2,451	2,136	2,136	2,136	2,136	2,136	-	-	-	-	-	-	-	-	2,149
Current assets`29/58`	244,141	214,423	270,659	396,593	332,172	188,870	211,433	134,645	116,380	65,621	81,392	19,096	51,090	11,080	35,440	24,312	11,023	8,457
Stocks and contracts in progress`3`	20,655	13,695	15,758	6,293	2,279	1,938	3,142	3,037	4,271	3,055	6,250	7,470	13,490	3,740	938	743	406	406
Stocks`30/36`	20,655	13,695	15,758	6,293	2,279	1,938	3,142	3,037	4,271	3,055	6,250	7,470	13,490	3,740	938	743	406	406
Amounts receivable within one year`40/41`	86,370	70,909	33,854	85,890	70,638	89,490	42,309	39,648	75,890	42,508	57,024	4,653	12,913	2,149	21,352	22,508	10,617	7,273
Trade receivables`40`	22,360	34,578	30,304	83,510	17,801	39,560	9,173	11,545	11,716	-	-	2,500	-	-	-	-	4,034	-
Other amounts receivable`41`	64,010	36,331	3,550	2,381	52,837	49,930	33,137	28,102	64,174	42,508	57,024	2,153	12,913	2,149	21,352	22,508	6,583	7,273
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	6,974	-	-	-	-	-	-
Cash at bank and in hand`54/58`	135,685	121,440	213,108	304,410	246,345	83,249	149,183	91,960	36,015	20,057	18,118	-	24,687	5,191	13,150	1,062	-	778
Deferred charges and accrued income`490/1`	1,431	8,380	7,938	-	12,910	14,192	16,799	-	205	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.8m	1.9m	1.9m	1.2m	446,501	268,552	335,276	345,742	380,141	295,859	309,444	208,681	307,277	311,690	161,530	76,639	62,538	36,271
Equity`10/15`	331,631	293,556	264,900	361,208	226,718	121,958	107,960	79,942	69,874	55,942	92,112	47,591	-8,242	-21,401	19,823	47,723	36,558	29,673
Contributions`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Reserves`13`	17,996	17,996	17,996	17,996	17,996	17,996	17,996	17,996	17,996	17,996	17,996	17,996	13,680	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	17,996	17,996	17,996	16,136	16,136	16,136	16,136	16,136	16,136	16,136	16,136	16,136	11,820	-	-	-	-	-
Profit (loss) carried forward`14`	307,435	269,360	240,704	337,012	202,522	97,762	83,764	55,746	45,678	31,747	67,916	23,395	-28,121	-29,461	11,763	39,663	28,498	21,613
Amounts payable`17/49`	1.5m	1.6m	1.6m	856,849	219,783	146,594	227,316	265,801	310,267	239,917	217,333	161,090	315,519	333,091	141,707	28,916	25,980	6,598
Amounts payable after more than one year`17`	1.1m	1.2m	1.2m	533,492	102,445	31,093	76,883	134,967	171,866	146,227	136,717	101,708	284,681	178,482	-	-	-	-
Financial debts`170/4`	1.1m	1.2m	1.2m	533,492	102,445	31,093	76,883	134,967	171,866	146,227	136,717	101,708	284,681	178,482	-	-	-	-
Amounts payable within one year`42/48`	415,788	416,691	409,972	323,357	117,339	115,502	150,434	130,834	138,401	93,689	80,616	59,382	30,838	154,609	141,707	28,916	25,980	6,598
Current portion of amounts payable after more than one year`42`	161,455	165,207	120,818	87,812	36,414	49,398	58,084	63,595	56,944	41,570	37,602	22,973	22,085	130,463	-	-	-	-
Financial debts`43`	9,513	6	-	-	-	32	9,013	7	8,947	1,261	1,640	4,803	1,793	-	6,196	9,932	13,803	-
Credit institutions`430/8`	9,513	6	-	-	-	32	9,013	7	8,947	1,261	1,640	4,803	1,793	-	6,196	9,932	13,803	-
Trade debts`44`	167,630	165,327	159,164	132,178	45,879	42,593	34,777	20,647	30,022	17,839	13,025	21,063	6,605	8,392	118,114	9,266	3,411	4,939
Suppliers`440/4`	167,630	165,327	159,164	132,178	45,879	42,593	34,777	20,647	30,022	17,839	13,025	21,063	6,605	8,392	118,114	9,266	3,411	4,939
Taxes, remuneration and social security`45`	77,191	86,151	129,990	103,366	34,822	22,969	48,121	46,081	42,488	33,020	28,349	9,267	355	71	5,185	9,717	4,732	1,659
Taxes`450/3`	11,672	17,924	62,940	52,460	21,094	9,426	30,817	17,428	16,914	19,929	20,578	3,362	355	71	3,307	6,500	3,192	426
Remuneration and social security`454/9`	65,519	68,226	67,050	50,907	13,728	13,544	17,304	28,653	25,574	13,091	7,771	5,906	-	-	1,878	3,218	1,540	1,233
Other amounts payable`47/48`	-	-	-	-	223	509	437	505	-	-	-	1,276	-	15,683	12,212	-	4,034	-
Accrued charges and deferred income`492/3`	1,113	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	-	977,920	975,118	942,881	-	-	-	-	-	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	4,316	11,820	-	-	-	826	10,000
Gross operating margin`9900`	852,927	815,916	638,752	566,026	289,015	253,455	344,873	377,331	378,594	251,311	290,626	249,792	159,985	84,080	39,912	61,720	54,689	27,084
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	642,390	611,121	585,672	-	-	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	495,190	485,421	451,535	275,169	111,477	147,399	209,021	235,997	251,804	204,319	125,436	91,006	60,140	41,930	24,639	28,116	24,156	16,095
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	255,171	226,036	144,318	55,019	57,969	62,205	90,777	91,345	85,025	79,720	93,360	75,189	78,168	76,442	39,824	17,573	13,846	6,360
Other operating charges`640/8`	16,316	21,294	110,340	62,390	4,233	11,760	8,069	19,324	22,729	6,278	6,965	5,453	6,119	2,599	2,565	1,660	3,779	1,789
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	1,413	-	272	-	-	-	-	-
Operating profit (loss)`9901`	86,249	83,164	-67,441	173,448	115,336	32,090	37,006	30,665	19,035	-39,005	64,864	78,144	15,557	-36,890	-27,116	14,370	12,908	2,840
Financial income`75/76B`	10,931	9,165	5,944	7,479	6,166	6,408	5,144	7,370	7,870	7,839	3,320	598	408	431	0	610	-	24
Recurring financial income`75`	10,931	9,165	5,944	7,479	6,166	6,408	5,144	7,370	7,870	7,839	3,320	598	408	431	0	610	-	24
Financial charges`65/66B`	59,105	63,673	34,482	12,555	2,515	4,551	4,907	6,874	5,974	5,003	5,755	6,226	7,824	4,765	465	507	447	1,076
Recurring financial charges`65`	59,105	63,673	34,482	12,555	2,515	4,551	4,907	6,874	5,974	5,003	5,755	6,226	7,824	4,765	465	507	447	1,076
Profit (loss) for the period before taxes`9903`	38,075	28,656	-95,978	168,372	118,988	33,946	37,244	31,162	20,932	-36,169	61,016	76,833	19,688	-41,224	-27,581	14,472	13,288	11,788
Income taxes`67/77`	-	-	330	33,882	14,228	19,949	9,225	21,094	7,000	-	16,495	-	6,529	-	319	3,307	6,403	1,268
Profit (loss) for the period`9904`	38,075	28,656	-96,309	134,490	104,760	13,998	28,018	10,068	13,932	-36,169	44,521	76,833	13,160	-41,224	-27,900	11,165	6,885	10,520
Profit (loss) for the period to be appropriated`9905`	38,075	28,656	-96,309	134,490	104,760	13,998	28,018	10,068	13,932	-36,169	44,521	76,833	13,160	-41,224	-27,900	11,165	6,885	10,520
Appropriation of the result
Profit (loss) to be appropriated`9906`	307,435	269,360	240,704	337,012	202,522	97,762	83,764	55,746	45,678	31,747	67,916	48,711	-16,302	-29,461	11,763	39,663	28,498	21,613
Profit (loss) brought forward from the previous period`14P`	269,360	240,704	337,012	202,522	97,762	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	4,316	11,820	-	-	-	-	-
To other reserves`6921`	-	-	-	-	-	-	-	-	-	-	-	4,316	11,820	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	-	-	21,000	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	-	21,000	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	13.7	12.3	11.8	10.7	9.1	6.8	6.6	7.9	8.1	6.6	5.5	4.2	2.6	2.6	1.7	2.1	1.7	2.4
Hours worked`1013`	20,508	19,868	19,256	12,977	6,252	8,267	11,191	12,761	12,420	11,099	7,709	5,741	5,565	4,275	2,728	2,843	2,537	3,117
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-08-2026	2026-00485657	PDF
31-12-2024	abbreviated format	29-08-2025	2025-00479666	PDF
31-12-2023	micro format	31-08-2024	2024-00440147	PDF
31-12-2022	micro format	31-08-2023	2023-00425104	PDF
31-12-2021	micro format	31-08-2022	2022-20406749	PDF
31-12-2020	abbreviated format	31-08-2021	2021-65900506	PDF
31-12-2019	abbreviated format	09-11-2020	2020-69700181	PDF
31-12-2018	abbreviated format	30-08-2019	2019-62300424	PDF
31-12-2017	abbreviated format	31-07-2018	2018-42300051	PDF
31-12-2016	abbreviated format	15-09-2017	2017-61000531	PDF
31-12-2015	abbreviated format	31-08-2016	2016-51600536	PDF
31-12-2014	abbreviated format	31-08-2015	2015-50400446	PDF
31-12-2013	abbreviated format	31-08-2014	2014-52300422	PDF
31-12-2012	abbreviated format	29-08-2013	2013-48700106	PDF
31-12-2011	abbreviated format	31-08-2012	2012-49900152	PDF
31-12-2010	abbreviated format	31-08-2011	2011-47800117	PDF
31-12-2009	abbreviated format	29-04-2011	2011-09500529	PDF
31-12-2008	abbreviated format	31-08-2009	2009-74800342	PDF
31-12-2007	abbreviated format	29-08-2008	2008-65600268	PDF
31-12-2006	abbreviated format	31-10-2007	2007-78400239	PDF
31-12-2004	abbreviated format	03-10-2005	2005-80000297	PDF
31-12-2003	abbreviated format	15-11-2004	2004-79001445	PDF
31-12-2002	abbreviated format	26-11-2003	2003-80504605	PDF
31-12-2001	abbreviated format	12-12-2002	2002-76403491	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
EBITDA	341,420	309,201	76,876	228,467	173,306	94,295	127,783	122,010	104,060	40,715	158,224	153,333	93,725	39,552	12,708	31,944	26,754	9,200
Cash flow	293,247	254,692	48,009	189,509	162,729	76,203	118,795	101,412	98,956	43,551	137,880	152,021	91,328	35,218	11,924	28,738	20,731	16,880
Investment in fixed assets	132,206	324,743	936,624	762,155	92,615	18,045	6,216	70,951	119,156	81,905	133,240	8,586	37,968	250,962	113,587	18,386	39,696	6,793
Change in cash	14,245	-91,669	-91,301	58,064	163,096	-65,934	57,223	55,946	15,957	1,939	-	-	19,495	-7,959	12,089	-	-	-
Working capital	-171,648	-202,268	-139,313	73,236	214,834	73,368	60,999	3,812	-22,022	-28,068	776	-40,285	20,252	-143,530	-106,267	-4,604	-14,957	1,859
EBIT margin	-	-	-	-	-	-	3.8%	3.1%	2.0%	-	-	-	-	-	-	-	-	-
Solvency	18.2%	15.3%	14.1%	29.7%	50.8%	45.4%	32.2%	23.1%	18.4%	18.9%	29.8%	22.8%	-2.7%	-6.9%	12.3%	62.3%	58.5%	81.8%
Current ratio	0.59	0.51	0.66	1.23	2.83	1.64	1.41	1.03	0.84	0.70	1.01	0.32	1.66	0.07	0.25	0.84	0.42	1.28
Quick ratio	0.54	0.48	0.62	1.21	2.81	1.62	1.38	1.01	0.81	0.67	0.93	0.20	1.22	0.05	0.24	0.82	0.41	1.22
Debt to equity	4.49	5.52	6.11	2.37	0.97	1.20	2.11	3.32	4.44	4.29	2.36	3.38	-	-	7.15	0.61	0.71	0.22
ROE	11.5%	9.8%	-36.4%	37.2%	46.2%	11.5%	26.0%	12.6%	19.9%	-64.7%	48.3%	161.4%	-	-	-140.7%	23.4%	18.8%	35.5%
ROA	2.1%	1.5%	-5.1%	11.0%	23.5%	5.2%	8.4%	2.9%	3.7%	-12.2%	14.4%	36.8%	4.3%	-13.2%	-17.3%	14.6%	11.0%	29.0%
Interest coverage	5.78	4.86	2.23	18.20	68.92	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	3 days	4 days	5 days	-	-	-	-	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	20 days	12 days	19 days	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	19	21	19	12	9
full-time	7	4	5	3	2
part-time	12	17	14	9	7
in full-time equivalents	12.6	13.2	12.5	8.1	6.1
Average over the year, in full-time equivalents	13.7	12.3	11.8	7.9	5.1
On a permanent contract	4	3	7	5	5
Joined	35	45	37	35	12
Left	38	43	30	32	15
Training hours	265	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€107,206	€324,743	€936,624	€761,840	€92,615
Intangible fixed assets	€25,000	-	-	-	-
Financial fixed assets	-	-	-	€315	-
Depreciation and write-downs of the year	€255,171	€226,036	€144,318	€55,019	€57,969

SYMPA

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency18.2%

Current ratio0.59

Return on assets2.1%

Staff

Staff cost per FTE€36,145

Joined and left-3

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €1,000 awarded, €1,000 paid

Key figures and ratios

Social balance sheet

Investments

Insights on SYMPA

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