SYNAPSIS
ActiveSummary
SYNAPSIS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.12M and a net result of €427k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 16618 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+18
Solvency84▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.19 against 1.95 in 2024; short-term debt: 18.5% and cash: 11.4% of total assets), and 41.5% 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.5%
Return on assets
22.2%
Age of the figures
9 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
31 d late
2023
30 d late
2022
25 d late
2021
8 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€427k▲ 263%
2024 · €118k
Working capital
€780k▲ 189%
2024 · €270k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€159k▲ 17.7%€165k▲ 3.7%€200k▲ 20.8%€184k▼ 7.9%€623k▲ 239%
Net result€105k▲ 10.4%€108k▲ 2.5%€131k▲ 21.5%€118k▼ 10.2%€427k▲ 263%
Equity€495k▲ 4.9%€602k▲ 21.8%€733k▲ 21.7%€688k▼ 6.2%€1.12M▲ 63.4%
Total assets€986k▼ 5.8%€978k▼ 0.8%€1.10M▲ 12.2%€1.46M▲ 33.0%€1.92M▲ 31.6%
Debt€491k▼ 14.6%€375k▼ 23.5%€364k▼ 3.1%€771k▲ 112%€796k▲ 3.2%
Working capital€246k▲ 10.4%€313k▲ 26.9%€415k▲ 32.5%€270k▼ 35.0%€780k▲ 189%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 239% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.92M
Fixed assets
€785k ▼ 13.4%
Current assets
€1.14M ▲ 105%
Equity and liabilities €1.92M
Equity
€1.12M ▲ 63.4%
Provisions
€144 ▼ 50.0%
Debt
€796k ▲ 3.2%
Debt's share of the balance-sheet total falls from 52.8% to 41.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€729k▲
2024 · €228k
Cash flow
€533k▲
2024 · €162k
Current ratio
3.19▲
2024 · 1.95
Debt to equity
0.71▼
2024 · 1.12
ROE
37.9%▲
2024 · 17.1%
ROA
22.2%▲
2024 · 8.1%
Interest coverage
35.96▲
2024 · 11.31
Debt ≤ 1 year
€356k▲
2024 · €283k
Debt > 1 year
€439k▼
2024 · €486k
Income taxes
€182k▲
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €31k | €37k | €44k | €106k | ▲ 141% |
| Other operating charges640/8 | €6k | €6k | €6k | €6k | €5k | ▼ 18.0% |
| Gross operating margin9900 | €194k | €202k | €243k | €234k | €734k | ▲ 214% |
| Operating profit (loss)9901 | €159k | €165k | €200k | €184k | €623k | ▲ 239% |
| Financial income75/76B | €3k | €256 | €1k | €7k | €6k | ▼ 15.6% |
| Recurring financial income75 | €3k | €256 | €1k | €7k | €6k | ▼ 15.6% |
| Financial charges65/66B | €12k | €13k | €12k | €20k | €20k | ▲ 0.6% |
| Recurring financial charges65 | €12k | €13k | €12k | €20k | €20k | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €150k | €152k | €189k | €171k | €609k | ▲ 256% |
| Transfer from deferred taxes780 | €144 | €144 | €144 | €144 | €144 | = |
| Income taxes67/77 | €45k | €45k | €58k | €53k | €182k | ▲ 241% |
| Profit (loss) for the period9904 | €105k | €108k | €131k | €118k | €427k | ▲ 263% |
| Transfer from tax-exempt reserves789 | €279 | €279 | €279 | €279 | €279 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | €72k | - |
| Profit (loss) for the period to be appropriated9905 | €105k | €108k | €131k | €118k | €355k | ▲ 201% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €986k | €978k | €1.10M | €1.46M | €1.92M | ▲ 31.6% |
| Fixed assets21/28 | €603k | €618k | €622k | €907k | €785k | ▼ 13.4% |
| Tangible fixed assets22/27 | €603k | €618k | €617k | €902k | €780k | ▼ 13.5% |
| Land and buildings22 | €559k | €531k | €506k | €794k | €695k | ▼ 12.5% |
| Plant, machinery and equipment23 | - | - | - | - | €320 | - |
| Furniture and vehicles24 | €44k | €87k | €112k | €108k | €85k | ▼ 21.2% |
| Financial fixed assets28 | - | - | €5k | €5k | €5k | = |
| Current assets29/58 | €383k | €360k | €475k | €553k | €1.14M | ▲ 105% |
| Amounts receivable within one year40/41 | - | €402 | €3k | €30k | €371k | ▲ 1,118% |
| Trade receivables40 | - | - | €3k | €18k | €360k | ▲ 1,862% |
| Other amounts receivable41 | - | €402 | €402 | €12k | €11k | ▼ 6.9% |
| Current investments50/53 | - | €124k | €174k | €472k | €509k | ▲ 7.9% |
| Cash at bank and in hand54/58 | €360k | €217k | €271k | €20k | €218k | ▲ 1,005% |
| Deferred charges and accrued income490/1 | €23k | €19k | €27k | €31k | €37k | ▲ 18.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €986k | €978k | €1.10M | €1.46M | €1.92M | ▲ 31.6% |
| Equity10/15 | €495k | €602k | €733k | €688k | €1.12M | ▲ 63.4% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €463k | €571k | €702k | €656k | €1.09M | ▲ 66.5% |
| Non-distributable reserves130/1 | €17k | €17k | €17k | €17k | €17k | = |
| Reserves not available under the articles1311 | €17k | €17k | €17k | €17k | €17k | = |
| Tax-exempt reserves132 | €1k | €1k | €837 | €558 | €72k | ▲ 12,774% |
| Distributable reserves133 | €445k | €553k | €684k | €639k | €1.00M | ▲ 57.1% |
| Profit (loss) carried forward14 | €19k | €19k | €19k | €19k | €19k | = |
| Provisions and deferred taxes16 | €718 | €575 | €431 | €287 | €144 | ▼ 50.0% |
| Deferred taxes168 | €718 | €575 | €431 | €287 | €144 | ▼ 50.0% |
| Amounts payable17/49 | €491k | €375k | €364k | €771k | €796k | ▲ 3.2% |
| Amounts payable after more than one year17 | €354k | €328k | €303k | €486k | €439k | ▼ 9.8% |
| Financial debts170/4 | €354k | €328k | €303k | €486k | €439k | ▼ 9.8% |
| Amounts payable within one year42/48 | €136k | €47k | €60k | €283k | €356k | ▲ 25.6% |
| Current portion of amounts payable after more than one year42 | €26k | €26k | €25k | €50k | €137k | ▲ 174% |
| Trade debts44 | €2k | €2k | €4k | €24k | €2k | ▼ 92.4% |
| Suppliers440/4 | €2k | €2k | €4k | €24k | €2k | ▼ 92.4% |
| Taxes, remuneration and social security45 | €12k | - | €3k | €7k | €35k | ▲ 391% |
| Taxes450/3 | €12k | - | €3k | €7k | €35k | ▲ 391% |
| Other amounts payable47/48 | €96k | €19k | €28k | €203k | €183k | ▼ 10.0% |
| Accrued charges and deferred income492/3 | - | - | €401 | €2k | €2k | ▲ 10.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105k | €108k | €131k | €118k | €427k | ▲ 263% |
| + Depreciation and write-downs630 | €29k | €31k | €37k | €44k | €106k | ▲ 141% |
| Operating cash flow (approximation) | €134k | €139k | €168k | €162k | €533k | ▲ 230% |
| Investment in fixed assets (approximation) | - | €-46k | €-42k | €-328k | €15k | ▲ 105% |
| Change in cash | - | €-143k | €54k | €-251k | €199k | ▲ 179% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €427k ▲263%
Operating result €623k, net result €427k, both a record.
31-12
Financial
Equity above €1MEq €1.12M ▲63.4%
8 profitable years in a row build equity to €1.12M.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 7.62
Current ratio from 2.81 to 7.62; short-term debt falls from €136k to €47k.
31-12
Financial
Equity above €500kEq €602k ▲21.8%
5 profitable years in a row build equity to €602k.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €81k ▼11%
Net result drops to €81k, the lowest in the series; recovery starts the following year.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Ukkel · 1 establishment unit since 2008
Ground area
3.2 ha
Building footprint
4,432 m²
Volume, LiDAR
48,076 m³
Parcel 21612D0491/00D012, Brussels · tallest building 22.0 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Jacques Pasturlaan 49, 1180 Ukkel
since 20082.193.243.739
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0491/00D012 | Brussels | 3.2 ha | 1 · 4,432 m² | 22.0 m · 4 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.
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Of 16,630 companies in sector 86220 we hold annual accounts for 7,979. 5,605 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
Founded07-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
84120Public administration and defence; compulsory social security
Scores and ratios are computed by Checked and are not a credit decision.