SYNAPPSE
ActiveSummary
SYNAPPSE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93,984 and a net result of -€7,808. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability27▼-23
Solvency88▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.53 against 4.21 in 2023; short-term debt: 37% and cash: 8.2% of total assets), and 37% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63%
Return on assets
-5.2%
Age of the figures
21 mo
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
67 d late
2022
50 d late
2021
52 d late
2020
11 d early
2019
39 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 43 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,808
2023 · €94,608
Working capital
€84,195▼ 7.5%
2023 · €91,036
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€21,834▲ 599%€3,032▼ 86.1%-€3,514-€2,109▲ 40.0%-€198▲ 90.6%
Net result€16,827within the sector's middle half▲ 698%€2,721within the sector's middle half▼ 83.8%-€8,281below the sector's middle half€94,608above the sector's middle half-€7,808below the sector's middle half
Equity€12,744below the sector's middle half€15,465below the sector's middle half▲ 21.4%€7,183below the sector's middle half▼ 53.6%€101,792within the sector's middle half▲ 1,317%€93,984within the sector's middle half▼ 7.7%
Total assets€43,294below the sector's middle half▼ 0.6%€38,185below the sector's middle half▼ 11.8%€58,075below the sector's middle half▲ 52.1%€130,164within the sector's middle half▲ 124%€149,072within the sector's middle half▲ 14.5%
Debt€30,550▼ 35.9%€22,720▼ 25.6%€50,892▲ 124%€28,373▼ 44.2%€55,088▲ 94.2%
Working capital€12,272below the sector's middle half▲ 294%€6,165below the sector's middle half▼ 49.8%-€1,602below the sector's middle half€91,036within the sector's middle half€84,195within the sector's middle half▼ 7.5%
Solvency29.4%within the sector's middle half▲ 38.8pp40.5%within the sector's middle half▲ 11.1pp12.4%below the sector's middle half▼ 28.1pp78.2%within the sector's middle half▲ 65.8pp63.0%within the sector's middle half▼ 15.2pp
Current ratio1.56within the sector's middle half▲ 0.461.27within the sector's middle half▼ 0.290.97below the sector's middle half▼ 0.304.21within the sector's middle half▲ 3.242.53within the sector's middle half▼ 1.68
Return on assets (ROA)38.9%above the sector's middle half▲ 34.0pp7.1%within the sector's middle half▼ 31.7pp-14.3%below the sector's middle half▼ 21.4pp72.7%above the sector's middle half▲ 86.9pp-5.2%below the sector's middle half▼ 77.9pp
Staff (FTE)0.7below the sector's middle half▼ 30.0%1below the sector's middle half▲ 42.9%1=0.2▼ 80.0%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €198 in 2024 against €2,109 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €149,072
Fixed assets
€9,789 ▼ 9.0%
Current assets
€139,283 ▲ 16.6%
Equity and liabilities €149,072
Equity
€93,984 ▼ 7.7%
Debt
€55,088 ▲ 94.2%
Debt's share of the balance-sheet total rises from 21.8% to 37.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€769▲
2023 · -€1,990
Cash flow
-€6,841▼
2023 · €94,727
Debt to equity
0.59▲
2023 · 0.28
ROE
-8.3%▼
2023 · 92.9%
Interest coverage
1.72▲
2023 · -1.07
Debt ≤ 1 year
€55,088▲
2023 · €28,373
Income taxes
€7,164▼
2023 · €12,596
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
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 497,338 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% | 1.9% |
| 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 6,910 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €49,164 | €39,885 | €9,440 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €119 | €967 | ▲ 711% |
| Other operating charges640/8 | - | €1,240 | €1,535 | €7,326 | €847 | ▼ 88.4% |
| Non-recurring operating charges66A | - | - | €1,076 | - | €462 | - |
| Gross operating margin9900 | €42,025 | €53,436 | €38,983 | €14,775 | €2,078 | ▼ 85.9% |
| Operating profit (loss)9901 | €21,834 | €3,032 | -€3,514 | -€2,109 | -€198 | ▲ 90.6% |
| Financial income75/76B | - | - | - | €111,175 | - | - |
| Recurring financial income75 | - | - | - | €111,175 | - | - |
| Non-recurring financial income76B | - | - | - | €111,175 | - | - |
| Financial charges65/66B | - | €311 | €3,439 | €1,861 | €447 | ▼ 76.0% |
| Recurring financial charges65 | €1,014 | €311 | €3,439 | €1,861 | €447 | ▼ 76.0% |
| Profit (loss) for the period before taxes9903 | €20,820 | €2,721 | -€6,953 | €107,205 | -€644 | ▼ 101% |
| Income taxes67/77 | €3,993 | - | €1,328 | €12,596 | €7,164 | ▼ 43.1% |
| Profit (loss) for the period9904 | €16,827 | €2,721 | -€8,281 | €94,608 | -€7,808 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | €16,827 | €2,721 | -€8,281 | €94,608 | -€7,808 | ▼ 108% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,294 | €38,185 | €58,075 | €130,164 | €149,072 | ▲ 14.5% |
| Fixed assets21/28 | €9,300 | €9,300 | €9,300 | €10,756 | €9,789 | ▼ 9.0% |
| Tangible fixed assets22/27 | - | - | - | €2,781 | €1,814 | ▼ 34.8% |
| Plant, machinery and equipment23 | - | - | - | €2,781 | €1,814 | ▼ 34.8% |
| Financial fixed assets28 | €9,300 | €9,300 | €9,300 | €7,975 | €7,975 | = |
| Current assets29/58 | €33,994 | €28,885 | €48,775 | €119,409 | €139,283 | ▲ 16.6% |
| Amounts receivable within one year40/41 | €29,948 | €27,905 | €47,165 | €98,209 | €110,947 | ▲ 13.0% |
| Trade receivables40 | - | €2,255 | €3,551 | €7,236 | €8,946 | ▲ 23.6% |
| Other amounts receivable41 | - | €25,650 | €43,614 | €90,973 | €102,000 | ▲ 12.1% |
| Cash at bank and in hand54/58 | €2,032 | €652 | €1,610 | €14,200 | €12,270 | ▼ 13.6% |
| Deferred charges and accrued income490/1 | - | €328 | - | €7,000 | €16,066 | ▲ 130% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,294 | €38,185 | €58,075 | €130,164 | €149,072 | ▲ 14.5% |
| Equity10/15 | €12,744 | €15,465 | €7,183 | €101,792 | €93,984 | ▼ 7.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €4,684 | €7,405 | -€877 | €93,732 | €85,924 | ▼ 8.3% |
| Amounts payable17/49 | €30,550 | €22,720 | €50,892 | €28,373 | €55,088 | ▲ 94.2% |
| Amounts payable after more than one year17 | - | - | €515 | - | - | - |
| Financial debts170/4 | - | - | €515 | - | - | - |
| Amounts payable within one year42/48 | €21,722 | €22,720 | €50,377 | €28,373 | €55,088 | ▲ 94.2% |
| Current portion of amounts payable after more than one year42 | - | - | €5,912 | €1,964 | €1,162 | ▼ 40.8% |
| Trade debts44 | €8,831 | €9,359 | €15,310 | €11,996 | €10,433 | ▼ 13.0% |
| Suppliers440/4 | - | €9,359 | €15,310 | €11,996 | €10,433 | ▼ 13.0% |
| Taxes, remuneration and social security45 | - | €9,775 | €25,568 | €14,413 | €26,716 | ▲ 85.4% |
| Taxes450/3 | - | €8,486 | €16,583 | €12,937 | €17,325 | ▲ 33.9% |
| Remuneration and social security454/9 | - | €1,289 | €8,985 | €1,475 | €9,391 | ▲ 536% |
| Other amounts payable47/48 | - | €3,586 | €3,587 | - | €16,777 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,827 | €2,721 | -€8,281 | €94,608 | -€7,808 | ▼ 108% |
| + Depreciation and write-downs630 | - | - | - | €119 | €967 | ▲ 711% |
| Operating cash flow (approximation) | €16,827 | €2,721 | -€8,281 | €94,727 | -€6,841 | ▼ 107% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,575 | €0 | ▲ 100% |
| Change in cash | - | -€1,380 | €958 | €12,590 | -€1,930 | ▼ 115% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Back to profitnet €94,608
Net result €94,608 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.21
Current ratio from 0.97 to 4.21; short-term debt falls from €50,377 to €28,373.
31-12
Financial
Equity above €100,000Eq €101,792 ▲1,317%
Equity rises from €7,183 to €101,792.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 52 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Back to profitnet €2,109
Net result €2,109 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 78 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 141 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 175 days late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 148 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2014
Ground area
1,225 m²
Building footprint
477 m²
Volume, LiDAR
3,049 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Synappse
since 20142.233.624.047
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110A0388/00D000 | Wallonia | 975 m² | 1 · 410 m² | 9.2 m · 2 fl. |
| 25014N0112/00_000 | Wallonia | 251 m² | 1 · 67 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of SYNAPPSE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,398. 15,584 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
francois.ducobu@gmail.comWaterloo
Phone
0489/31.23.78Waterloo
E-invoicing
Reachable via Peppol
Peppol ID
0208:0556840475
Also
9925:BE0556840475
Registered
07-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.