SYMTAX
ActiveSummary
SYMTAX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €182,496 and a net result of €156,698. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency62▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.23 in 2023; short-term debt: 50.1% and cash: 19.2% of total assets), and 63.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
31 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€182,496▲ 45.1%
2023 · €125,798
Total assets
€498,749▲ 7.3%
2023 · €464,899
Net result
€156,698▲ 25.2%
2023 · €125,205
Working capital
€105,110▲ 79.9%
2023 · €58,417
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€52,423▼ 43.4%€68,039▲ 29.8%€32,842▼ 51.7%€169,820▲ 417%€228,532▲ 34.6%
Net result€34,099within the sector's middle half▼ 45.0%€42,232within the sector's middle half▲ 23.8%€17,115within the sector's middle half▼ 59.5%€125,205above the sector's middle half▲ 632%€156,698above the sector's middle half▲ 25.2%
Equity€121,247within the sector's middle half▲ 3.5%€118,478within the sector's middle half▼ 2.3%€120,593within the sector's middle half▲ 1.8%€125,798within the sector's middle half▲ 4.3%€182,496within the sector's middle half▲ 45.1%
Total assets€409,047within the sector's middle half▼ 7.4%€420,906within the sector's middle half▲ 2.9%€372,347within the sector's middle half▼ 11.5%€464,899within the sector's middle half▲ 24.9%€498,749above the sector's middle half▲ 7.3%
Debt€287,801▼ 11.3%€302,428▲ 5.1%€251,754▼ 16.8%€339,101▲ 34.7%€316,253▼ 6.7%
Working capital€48,422within the sector's middle half▼ 18.6%€46,333within the sector's middle half▼ 4.3%€41,793within the sector's middle half▼ 9.8%€58,417within the sector's middle half▲ 39.8%€105,110within the sector's middle half▲ 79.9%
Solvency29.6%within the sector's middle half▲ 3.1pp28.1%below the sector's middle half▼ 1.5pp32.4%within the sector's middle half▲ 4.2pp27.1%below the sector's middle half▼ 5.3pp36.6%within the sector's middle half▲ 9.5pp
Current ratio1.36within the sector's middle half▼ 0.081.26within the sector's middle half▼ 0.101.26within the sector's middle half=1.23below the sector's middle half▼ 0.041.42within the sector's middle half▲ 0.19
Return on assets (ROA)8.3%within the sector's middle half▼ 5.7pp10.0%within the sector's middle half▲ 1.7pp4.6%within the sector's middle half▼ 5.4pp26.9%within the sector's middle half▲ 22.3pp31.4%within the sector's middle half▲ 4.5pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €498,749
Fixed assets
€143,873 ▼ 2.8%
Current assets
€354,877 ▲ 12.0%
Equity and liabilities €498,749
Equity
€182,496 ▲ 45.1%
Debt
€316,253 ▼ 6.7%
Debt's share of the balance-sheet total falls from 72.9% to 63.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€232,600▲
2023 · €196,167
Cash flow
€160,766▲
2023 · €151,551
Debt to equity
1.73▼
2023 · 2.70
ROE
85.9%▼
2023 · 99.5%
Interest coverage
27.00▼
2023 · 32.82
Debt ≤ 1 year
€249,767▼
2023 · €258,541
Debt > 1 year
€62,000▼
2023 · €76,000
Income taxes
€63,410▲
2023 · €39,068
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,610 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,219 | €27,194 | €27,194 | €26,347 | €4,069 | ▼ 84.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €6,146 | - |
| Other operating charges640/8 | - | €3,332 | €3,624 | €3,005 | €11,624 | ▲ 287% |
| Gross operating margin9900 | €83,855 | €98,566 | €63,660 | €199,172 | €250,370 | ▲ 25.7% |
| Operating profit (loss)9901 | €52,423 | €68,039 | €32,842 | €169,820 | €228,532 | ▲ 34.6% |
| Financial income75/76B | - | €179 | €359 | €430 | €191 | ▼ 55.5% |
| Recurring financial income75 | €490 | €179 | €359 | €430 | €191 | ▼ 55.5% |
| Financial charges65/66B | - | €6,485 | €6,314 | €5,977 | €8,616 | ▲ 44.1% |
| Recurring financial charges65 | €7,093 | €6,485 | €6,314 | €5,977 | €8,616 | ▲ 44.1% |
| Profit (loss) for the period before taxes9903 | €45,819 | €61,734 | €26,887 | €164,273 | €220,108 | ▲ 34.0% |
| Income taxes67/77 | €11,720 | €19,502 | €9,772 | €39,068 | €63,410 | ▲ 62.3% |
| Profit (loss) for the period9904 | €34,099 | €42,232 | €17,115 | €125,205 | €156,698 | ▲ 25.2% |
| Transfer from tax-exempt reserves789 | - | €13,089 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €34,099 | €55,320 | €17,115 | €125,205 | €156,698 | ▲ 25.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €409,047 | €420,906 | €372,347 | €464,899 | €498,749 | ▲ 7.3% |
| Fixed assets21/28 | €226,058 | €198,864 | €171,670 | €147,941 | €143,873 | ▼ 2.8% |
| Tangible fixed assets22/27 | €226,058 | €198,864 | €171,670 | €147,941 | €143,873 | ▼ 2.8% |
| Land and buildings22 | - | €171,078 | €158,040 | €145,003 | €141,574 | ▼ 2.4% |
| Furniture and vehicles24 | - | €27,786 | €13,630 | €2,938 | €2,299 | ▼ 21.8% |
| Current assets29/58 | €182,989 | €222,042 | €200,677 | €316,958 | €354,877 | ▲ 12.0% |
| Amounts receivable within one year40/41 | €138,554 | €161,630 | €124,624 | €187,800 | €252,479 | ▲ 34.4% |
| Trade receivables40 | - | €158,243 | €121,169 | €174,304 | €242,692 | ▲ 39.2% |
| Other amounts receivable41 | - | €3,388 | €3,456 | €13,496 | €9,788 | ▼ 27.5% |
| Cash at bank and in hand54/58 | €44,435 | €60,412 | €69,105 | €119,290 | €95,805 | ▼ 19.7% |
| Deferred charges and accrued income490/1 | - | - | €6,948 | €9,868 | €6,593 | ▼ 33.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €409,047 | €420,906 | €372,347 | €464,899 | €498,749 | ▲ 7.3% |
| Equity10/15 | €121,247 | €118,478 | €120,593 | €125,798 | €182,496 | ▲ 45.1% |
| Contributions10/11 | - | €68,600 | €68,600 | €68,600 | €68,600 | = |
| Reserves13 | €52,647 | €49,878 | €51,993 | €57,198 | €113,896 | ▲ 99.1% |
| Non-distributable reserves130/1 | - | €6,040 | €6,040 | €6,040 | €6,040 | = |
| Reserves not available under the articles1311 | - | €6,040 | €6,040 | €6,040 | €6,040 | = |
| Distributable reserves133 | - | €43,838 | €45,953 | €51,158 | €107,856 | ▲ 111% |
| Amounts payable17/49 | €287,801 | €302,428 | €251,754 | €339,101 | €316,253 | ▼ 6.7% |
| Amounts payable after more than one year17 | €148,673 | €117,599 | €85,927 | €76,000 | €62,000 | ▼ 18.4% |
| Financial debts170/4 | - | €117,599 | €85,927 | €76,000 | €62,000 | ▼ 18.4% |
| Amounts payable within one year42/48 | €134,567 | €175,709 | €158,884 | €258,541 | €249,767 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | €51,075 | €43,672 | €59,927 | €25,000 | ▼ 58.3% |
| Trade debts44 | €3,470 | €482 | €12,818 | €14,643 | €18,745 | ▲ 28.0% |
| Suppliers440/4 | - | €482 | €12,818 | €14,643 | €18,745 | ▲ 28.0% |
| Taxes, remuneration and social security45 | - | €36,182 | €20,593 | €22,618 | €42,658 | ▲ 88.6% |
| Taxes450/3 | - | €36,182 | €20,593 | €22,618 | €42,658 | ▲ 88.6% |
| Other amounts payable47/48 | - | €87,970 | €81,800 | €161,353 | €163,364 | ▲ 1.2% |
| Accrued charges and deferred income492/3 | - | €9,120 | €6,943 | €4,560 | €4,486 | ▼ 1.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,099 | €42,232 | €17,115 | €125,205 | €156,698 | ▲ 25.2% |
| + Depreciation and write-downs630 | €27,219 | €27,194 | €27,194 | €26,347 | €4,069 | ▼ 84.6% |
| Operating cash flow (approximation) | €61,319 | €69,425 | €44,309 | €151,551 | €160,766 | ▲ 6.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,618 | €0 | ▲ 100% |
| Change in cash | - | €15,977 | €8,694 | €50,185 | -€23,485 | ▼ 147% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-08
State Gazette act
Incorporation · Founder
Legal form clause · Registered office clause
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €156,698 ▲25.2%
Operating result €228,532, net result €156,698, both a record.
31-12
Financial
Equity above €150,000Eq €182,496 ▲45.1%
7 profitable years in a row build equity to €182,496.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €17,115 ▼59.5%
Net result drops to €17,115, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 89 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 89 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mechelen
Ground area
5,435 m²
Building footprint
1,042 m²
Volume, LiDAR
9,521 m³
Parcel 12404G0407/00D002, Flanders · tallest building 17.2 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404G0407/00D002 | Flanders | 5,435 m² | 1 · 1,042 m² | 17.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,796 EUR awarded · 2,795 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 600 EUR | 600 EUR |
| 2024 | 1 | 774 EUR | 774 EUR |
| 2023 | 1 | 648 EUR | 833 EUR |
| 2022 | 1 | 774 EUR | 588 EUR |
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Of 12,173 companies in this sector we hold annual accounts for 7,643. 6,479 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded14-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864713527
Also
9925:BE0864713527
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.