Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of SYNALLAGMA is 1.8% (moderate). The 2024 annual accounts show equity of €950k and a net result of €452k. Equity is growing by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 129 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Signals
1 signal · with evidenceGrowing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 08-07-2025 | 23 d early | 2025-00257497 |
| 31-12-2023 | 31-07-2024 | 28-08-2024 | 28 d late | 2024-00389780 |
| 31-12-2022 | 31-07-2023 | 14-07-2023 | 17 d early | 2023-00235405 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.8%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate region
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€452k
Working capital€1.26M-0.1%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 08-07-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~44.5%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 73, Advertising & market research · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 59.6% | 43.0% | |
| Net result | €452k | €28k | |
| Equity | €950k | €111k | |
| Gross operating margin | €613k | €81k | |
| Employees (FTE) | 0.0 | 3.8 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P68
Stable position over 2022-2024
· n=93-129
P91
Stable position over 2022-2024
· n=94-129
P77
Stable position over 2022-2024
· n=94-129
P89
Stable position over 2022-2024
· n=84-113
Describes the position versus peers, not a forecast.
€452k
-
22-24
€1.59M
+3.4%
22-24
€950k
+90.7%
22-24
€1.26M
-0.1%
22-24
0
-
22-24
€146k
+267.6%
22-24
€644k
-38.3%
22-24
€336k
+18.8%
22-24
4.74
-13.0%
22-24
4.74
-13.0%
22-24
59.6%
+84.4%
22-24
0.68
-67.6%
22-24
47.6%
-
22-24
28.3%
-
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €452k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €146k |
| Dividends | - |
| Total assets | €1.59M |
| Equity | €950k |
| Debt | €644k |
| of which ≤ 1y | €336k |
| of which > 1y | - |
| Working capital | €1.26M |
| Employees (FTE) | 0.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 4.74 |
| Quick ratio | 4.74 |
| Working capital ratio | 78.9% |
| Solvency | 59.6% |
| Debt / equity | 0.68 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 28.3% |
| ROE | 47.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.59M |
| Current assets | 29/58 | €1.59M |
| Amounts receivable within one year | 40/41 | €478k |
| Cash & bank | 54/58 | €1.11M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.59M |
| Equity | 10/15 | €950k |
| Contributions / capital | 10/11 | €100k |
| Reserves | 13 | €23k |
| Accumulated profits (losses) | 14 | €827k |
| Amounts payable | 17/49 | €644k |
| Amounts payable within one year | 42/48 | €336k |
| Trade debts payable within one year | 44 | €336k |
| Income statement | ||
| Gross operating margin | 9900 | €613k |
| Operating result | 9901 | €606k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €597k |
| Income taxes | 67/77 | €146k |
| Net result for the period | 9904 | €452k |
| Result to be appropriated | 9905 | €452k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed93
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
under verificationDirectors derived from a single State Gazette act, under verification
All 6 current directors first appear in the same act (25103710). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
-
Current13-03-2025 → present
-
Current13-03-2025 → present
-
Current13-03-2025 → present
-
Current13-03-2025 → present
-
Current13-03-2025 → present
2 events
- 13-03-2025 Appointed· Director
- 13-03-2025 Appointed· Managing director
-
Current13-03-2025 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO ADVISORYCurrent Statutory auditor · represented by Laurent VAN DER LINDEN |
- | 13-11-2025 → present |
| RSM INTERAUDIT SC Statutory auditor · represented by Laurent Van der Linden succeeded by BDO ADVISORY in 2025 |
- | 11-04-2022 → 13-11-2025 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Markt- en opinieonderzoek(73200) |
| Legal form | Public limited company(014) |
| Incorporation | 30-09-2021 |
| Status | Active |
| Postal code | 1060 |
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Hollandstraat 131060 Sint-Gillis (bij-Brussel)Establishment units
1 locationSYNALLAGMA
since 20212.325.114.249
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,380 m²
Buildings1
Building footprint2,377 m²
Volume (LiDAR)36,832 m³
Tallest building26.1 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0350/00X000 | Brussels | 2,380 m² | 1 · 2,377 m² | 26.1 m · 6 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
4 acts All acts · 4
updated 9 months ago
2025
13-11-2025 Laurent VAN DER LINDEN reappointed as statutory auditor
14-08-2025 7 directors appointed
- Ivo MECHELS, Bestuurder
- Antonio BALHANAS, Bestuurder
- Thierry GOOR, Bestuurder
- Marco PIERANI, Bestuurder
- Dominique HENNETON, Bestuurder
- Marco SCIALDONE, Bestuurder
- Marco SCIALDONE, Gedelegeerd bestuurder
Summary:
v3.2
2022
11-04-2022 Laurent Van der Linden appointed as statutory auditor
2021
04-10-2021 Incorporation of a new NV
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes93
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
100
Solvency
98
Growth
78
Stability
94
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0437.633.316 · Aalst
BE 0449.255.795 · Genk
BE 0445.738.556 · Schaarbeek
BE 0448.104.960 · Kapellen
BE 0433.684.426 · Sint-Genesius-Rode
We hold annual accounts for 199 of the 2,730 companies in this sector. 87 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Markt- en opinieonderzoekbureaus73200Markt- en opinieonderzoek73200Webportalen63120Activiteiten van webportalen63910Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Overige rechtskundige dienstverlening69109Overige rechtskundige dienstverlening69109Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
| Legal nameNL | SYNALLAGMA |
Registered office
Hollandstraat 13
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.