Losses
-€5,461 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
SYN-TECH
Lifetime
6 annual accounts with figures on one time axispeak €6,404 (2021)
-€1,280▲ €616
lowest -€2,656 (2020)
-€1,877▲ €329
peak €6,756 (2021)
€1,295▼ 59.2%
€4,192▲ 63.6%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from -€1,896 to -€1,280Loss of €1,877Equity from €3,172 to €1,295Debts from €2,563 to €4,192Cash from €189 to €130
Key points
from the 2025 annual accountsDebts
€4,192 76% of the balance sheet
Liquidity
1.31 was 2.17 in 2024
Short-term debts rose from €2,563 to €4,192.
Filings
6 annual accounts 6 late
The 2023 accounts came latest: 40 days after the end of the period.
Starting capital
€4,000 100 shares
Position in the sector
€1,295
Less equity than 90% of companies in fabricated metal products. Sector median €76,473 · 2,518 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,134 companies had the same profile as SYN-TECH has now. Each dot stands for 3 companies, two years later.
86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,134 companies, not a prediction for SYN-TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 50 sharesdeed of 29-05-2020
- 50 sharesdeed of 29-05-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0747654818
Incorporation
Founding capital of €4,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 29-05-2020 · Gazette deed
First establishment
Rue Ronheu 9, Engis
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SYN-TECH Engis | €5,487 | -€1,280 | 23.6% | - |
| United Import Belgium 2 Halle | €10,848 | -€4,100 | -44.6% | - |
| QUALI-GRIND Braine-le-Château | €52,351 | €20,593 | 55.1% | - |
| ABC SYSTEM Woluwe-Saint-Lambert | €6,220 | -€2,114 | -112.4% | - |
| VERSYCK - DEMEULENAERE Hooglede | €26,827 | €4,522 | -100.2% | - |
| INCOTECH Blegny | €54,503 | -€3,741 | 99.8% | - |
These companies have the same main activity as SYN-TECH: manufacture of fabricated metal products, except machinery and equipment (NACE 25639). They are comparable in size and age: total assets between €6,220 and €54,500, founded between 1968 and 2020.
Official details
Source: KBO- Status
- Active since 27-05-2020Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25639and 5 others
- Establishment unit
- 2.304.069.1104480 Engis, since 27-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-03-2026
Insights on SYN-TECH
SYN-TECH files the micro format. That format states no turnover. The gross margin rose from -€2,272 in 2020 to -€1,280 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SYN-TECH
- What is the company number of SYN-TECH?
- The company number of SYN-TECH is 0747.654.818. The VAT number is the same number with BE in front: BE 0747.654.818.
- Where is SYN-TECH based?
- The registered office is at Rue Ronheu 9, 4480 Engis.Company details
- What does SYN-TECH do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25639).
- What is the legal form of SYN-TECH?
- SYN-TECH is a private limited company (BV).
- When was SYN-TECH founded?
- SYN-TECH was founded on 27-05-2020.
- Is SYN-TECH still active?
- Yes, SYN-TECH is an active enterprise in the KBO register.
- What is the turnover of SYN-TECH?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SYN-TECH profitable?
- In financial year 2025, SYN-TECH made a loss of €1,877.
- Where can I find the annual accounts of SYN-TECH?
- SYN-TECH filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SYN-TECH due?
- SYN-TECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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