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SYMTAX

Active
Private limited company (pre-2019)founded 2004active for 22 yearsGentsesteenweg 1, 2800 Mechelen, BelgiumKBO/BCE: BE 0864.713.527
Summary

SYMTAX has been active since 2004 and the Belgian Official 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 about 3.4% per year across the filed financial years. Its solvency ranks better than 29% of 15,202 sector peers (NACE 69, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 16 October 2026.

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

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

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.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€228,532 2024 Net result€156,698 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€58,791-€92,648▲ 57.6%€52,423▼ 43.4%€68,039▲ 29.8%€32,842▼ 51.7%€169,820▲ 417%€228,532▲ 34.6%
Net result€36,741-€62,001▲ 68.8%€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€105,146-€117,147▲ 11.4%€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€370,026-€441,633▲ 19.4%€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€264,880-€324,486▲ 22.5%€287,801▼ 11.3%€302,428▲ 5.1%€251,754▼ 16.8%€339,101▲ 34.7%€316,253▼ 6.7%
Working capital€57,072-€59,473▲ 4.2%€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%
Solvency28.4%-26.5%▼ 1.9pp29.6%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 ratio1.56-1.44▼ 0.121.36within 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)9.9%-14.0%▲ 4.1pp8.3%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 of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
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
2024 value · change against 2023
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 observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% 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
95.0% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 20,139 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€464,899€498,749▲
Fixed assets21/28€147,941€143,873▼
Tangible fixed assets22/27€147,941€143,873▼
Land and buildings22€145,003€141,574▼
Furniture and vehicles24€2,938€2,299▼
Current assets29/58€316,958€354,877▲
Amounts receivable within one year40/41€187,800€252,479▲
Trade receivables40€174,304€242,692▲
Other amounts receivable41€13,496€9,788▼
Cash at bank and in hand54/58€119,290€95,805▼
Deferred charges and accrued income490/1€9,868€6,593▼
Equity and liabilities
Total equity and liabilities10/49€464,899€498,749▲
Equity10/15€125,798€182,496▲
Contributions10/11€68,600€68,600=
Reserves13€57,198€113,896▲
Non-distributable reserves130/1€6,040€6,040=
Reserves not available under the articles1311€6,040€6,040=
Distributable reserves133€51,158€107,856▲
Amounts payable17/49€339,101€316,253▼
Amounts payable after more than one year17€76,000€62,000▼
Financial debts170/4€76,000€62,000▼
Amounts payable within one year42/48€258,541€249,767▼
Current portion of amounts payable after more than one year42€59,927€25,000▼
Trade debts44€14,643€18,745▲
Suppliers440/4€14,643€18,745▲
Taxes, remuneration and social security45€22,618€42,658▲
Taxes450/3€22,618€42,658▲
Other amounts payable47/48€161,353€163,364▲
Accrued charges and deferred income492/3€4,560€4,486▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,347€4,069▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6,146
Other operating charges640/8€3,005€11,624▲
Gross operating margin9900€199,172€250,370▲
Operating profit (loss)9901€169,820€228,532▲
Financial income75/76B€430€191▼
Recurring financial income75€430€191▼
Financial charges65/66B€5,977€8,616▲
Recurring financial charges65€5,977€8,616▲
Profit (loss) for the period before taxes9903€164,273€220,108▲
Income taxes67/77€39,068€63,410▲
Profit (loss) for the period9904€125,205€156,698▲
Profit (loss) for the period to be appropriated9905€125,205€156,698▲
Appropriation of the result
Profit (loss) to be appropriated9906€125,205€156,698▲
Transfer to equity691/2€5,205€56,698▲
To other reserves6921€5,205€56,698▲
Profit to be distributed694/7€120,000€100,000▼
Return on contributions (dividend)694€120,000€100,000▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Non-recurring operating income76A----€7,610---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,510€25,611€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€78,101€145,350€83,855€98,566€63,660€199,172€250,370▲ 25.7%
Operating profit (loss)9901€58,791€92,648€52,423€68,039€32,842€169,820€228,532▲ 34.6%
Financial income75/76B---€179€359€430€191▼ 55.5%
Recurring financial income75-€120€490€179€359€430€191▼ 55.5%
Financial charges65/66B---€6,485€6,314€5,977€8,616▲ 44.1%
Recurring financial charges65€7,767€7,551€7,093€6,485€6,314€5,977€8,616▲ 44.1%
Profit (loss) for the period before taxes9903€51,024€85,217€45,819€61,734€26,887€164,273€220,108▲ 34.0%
Income taxes67/77€14,283€23,216€11,720€19,502€9,772€39,068€63,410▲ 62.3%
Profit (loss) for the period9904€36,741€62,001€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€36,741€62,001€34,099€55,320€17,115€125,205€156,698▲ 25.2%
Line2018201920202021202220232024Change
Assets
Total assets20/58€370,026€441,633€409,047€420,906€372,347€464,899€498,749▲ 7.3%
Fixed assets21/28€211,431€246,400€226,058€198,864€171,670€147,941€143,873▼ 2.8%
Tangible fixed assets22/27€211,431€246,400€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€158,594€195,233€182,989€222,042€200,677€316,958€354,877▲ 12.0%
Amounts receivable within one year40/41€116,844€116,569€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€33,247€68,973€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€370,026€441,633€409,047€420,906€372,347€464,899€498,749▲ 7.3%
Equity10/15€105,146€117,147€121,247€118,478€120,593€125,798€182,496▲ 45.1%
Contributions10/11€68,600€68,600-€68,600€68,600€68,600€68,600=
Reserves13€36,546€48,547€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%
Profit (loss) carried forward14-€1,705-€15,143------
Amounts payable17/49€264,880€324,486€287,801€302,428€251,754€339,101€316,253▼ 6.7%
Amounts payable after more than one year17€158,797€179,637€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€101,523€135,760€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€3,608€1,784€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%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€36,741€62,001€34,099€42,232€17,115€125,205€156,698▲ 25.2%
+ Depreciation and write-downs630€16,510€25,611€27,219€27,194€27,194€26,347€4,069▼ 84.6%
Operating cash flow (approximation)€53,251€87,612€61,319€69,425€44,309€151,551€160,766▲ 6.1%
Investment in fixed assets (approximation)--€60,580-€6,877€0€0-€2,618€0-
Change in cash-€35,726-€24,538€15,977€8,694€50,185-€23,485-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 30-09-2025 2025-00516596
31-12-2023 micro format 31-08-2024 2024-00423068
31-12-2022 micro format 31-08-2023 2023-00392743
31-12-2021 micro format 30-08-2022 2022-20348334
31-12-2020 micro format 31-08-2021 2021-63800164
31-12-2019 micro format 31-08-2020 2020-47100035
31-12-2018 micro format 29-08-2019 2019-58000277
31-12-2017 micro format 30-08-2018 2018-56400432
31-12-2016 micro format 28-10-2017 2017-68200187
31-12-2015 abbreviated format 28-10-2016 2016-66800305

Show all 20 filings

Similar companies · same sector, comparable size

Of the 12,104 active companies whose main activity is certified accountants and tax accountants (NACE 69201), figures are known for 7,717. 6,510 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €2,796 awarded · €2,795 paid
Year Entries AwardedPaid
2025 1 €600€600
2024 1 €774€774
2023 1 €648€833
2022 1 €774€588
Schemes
4 entries · €2,796 · €2,795 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.