SYNAPSYS
ActiveSummary
SYNAPSYS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106,839 and a net result of -€11,289. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 16% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability22▼-8
Solvency44▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 2.66 in 2023; short-term debt: 11.7% and cash: 3.2% of total assets), but 81.4% of the assets are financed with debt.
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Signals
Six 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 →
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
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
18.6%
Return on assets
-2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
57 d late
2023
30 d late
2022
60 d late
2021
68 d late
2020
31 d late
2019
122 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 61 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
In the rankings
#8 company by total assets in Jette, Telecoms and IT sector
Equity
€106,839▼ 9.6%
2023 · €118,127
Total assets
€573,912▲ 8.3%
2023 · €529,806
Net result
-€11,289
2023 · €2,477
Working capital
€37,702▼ 35.9%
2023 · €58,850
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
Line20202021202220232024
Operating result€32,483▲ 35.8%€35,807▲ 10.2%€30,060▼ 16.0%€31,343▲ 4.3%€15,668▼ 50.0%
Net result€1,738▲ 1.0%€1,852▲ 6.5%€1,139▼ 38.5%€2,477▲ 118%-€11,289
Equity€112,660▲ 1.6%€114,511▲ 1.6%€115,650▲ 1.0%€118,127▲ 2.1%€106,839▼ 9.6%
Total assets€700,771▼ 9.6%€663,650▼ 5.3%€632,598▼ 4.7%€529,806▼ 16.2%€573,912▲ 8.3%
Debt€256,995▼ 22.8%€224,210▼ 12.8%€195,161▼ 13.0%€93,059▼ 52.3%€151,965▲ 63.3%
Working capital€33,673€47,152▲ 40.0%€62,608▲ 32.8%€58,850▼ 6.0%€37,702▼ 35.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €573,912
Fixed assets
€469,185 ▲ 7.7%
Current assets
€104,727 ▲ 11.2%
Equity and liabilities €573,912
Equity
€106,839 ▼ 9.6%
Provisions
€315,108 ▼ 1.1%
Debt
€151,965 ▲ 63.3%
Debt's share of the balance-sheet total rises from 17.6% to 26.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19,177▼
2023 · €35,719
Cash flow
-€7,779▼
2023 · €6,853
Current ratio
1.56▼
2023 · 2.66
Debt to equity
1.42▲
2023 · 0.79
ROE
-10.6%▼
2023 · 2.1%
ROA
-2.0%▼
2023 · 0.5%
Interest coverage
0.71▼
2023 · 1.33
Debt ≤ 1 year
€67,025▲
2023 · €35,363
Debt > 1 year
€84,940▲
2023 · €57,697
Income taxes
€117▼
2023 · €1,955
Staff costs
€272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €272 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,363 | €6,871 | €3,035 | €4,376 | €3,510 | ▼ 19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€6,187 | -€3,142 | -€3,168 | -€3,512 | ▼ 10.9% |
| Other operating charges640/8 | - | €1,114 | €1,616 | €404 | €1,176 | ▲ 191% |
| Gross operating margin9900 | €128,435 | €37,604 | €31,569 | €32,956 | €17,114 | ▼ 48.1% |
| Operating profit (loss)9901 | €32,483 | €35,807 | €30,060 | €31,343 | €15,668 | ▼ 50.0% |
| Financial income75/76B | - | €58 | - | - | €2 | - |
| Recurring financial income75 | - | €58 | - | - | €2 | - |
| Financial charges65/66B | - | €30,800 | €27,371 | €26,911 | €26,841 | ▼ 0.3% |
| Recurring financial charges65 | €27,256 | €30,800 | €27,371 | €26,911 | €26,841 | ▼ 0.3% |
| Profit (loss) for the period before taxes9903 | €5,227 | €5,064 | €2,689 | €4,432 | -€11,171 | ▼ 352% |
| Income taxes67/77 | €3,489 | €3,212 | €1,551 | €1,955 | €117 | ▼ 94.0% |
| Profit (loss) for the period9904 | €1,738 | €1,852 | €1,139 | €2,477 | -€11,289 | ▼ 556% |
| Profit (loss) for the period to be appropriated9905 | €1,738 | €1,852 | €1,139 | €2,477 | -€11,289 | ▼ 556% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €700,771 | €663,650 | €632,598 | €529,806 | €573,912 | ▲ 8.3% |
| Formation expenses20 | - | - | - | €0 | - | - |
| Fixed assets21/28 | €460,102 | €461,214 | €438,187 | €435,593 | €469,185 | ▲ 7.7% |
| Tangible fixed assets22/27 | €6,477 | €37,588 | €34,561 | €31,968 | €65,560 | ▲ 105% |
| Land and buildings22 | - | €33,747 | €32,012 | €30,278 | €63,897 | ▲ 111% |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - |
| Furniture and vehicles24 | - | €3,842 | €2,549 | €1,690 | €1,662 | ▼ 1.6% |
| Financial fixed assets28 | €453,625 | €423,625 | €403,625 | €403,625 | €403,625 | = |
| Current assets29/58 | €240,668 | €202,437 | €194,411 | €94,213 | €104,727 | ▲ 11.2% |
| Amounts receivable within one year40/41 | €162,615 | €173,345 | €189,247 | €85,432 | €86,486 | ▲ 1.2% |
| Trade receivables40 | - | €162,400 | €177,311 | €83,554 | €83,608 | ▲ 0.1% |
| Other amounts receivable41 | - | €10,945 | €11,936 | €1,878 | €2,878 | ▲ 53.2% |
| Cash at bank and in hand54/58 | €75,301 | €29,054 | €5,127 | €8,743 | €18,220 | ▲ 108% |
| Deferred charges and accrued income490/1 | - | €37 | €37 | €38 | €21 | ▼ 45.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €700,771 | €663,650 | €632,598 | €529,806 | €573,912 | ▲ 8.3% |
| Equity10/15 | €112,660 | €114,511 | €115,650 | €118,127 | €106,839 | ▼ 9.6% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €20,900 | €20,900 | = |
| Capital10 | - | €19,000 | €19,000 | - | - | - |
| Issued capital100 | - | €19,000 | €19,000 | - | - | - |
| Reserves13 | €56,900 | €56,900 | €56,900 | €55,000 | €55,000 | = |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | - | - | - |
| Legal reserve130 | - | €1,900 | €1,900 | - | - | - |
| Distributable reserves133 | - | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Profit (loss) carried forward14 | €36,760 | €38,611 | €39,750 | €42,227 | €30,939 | ▼ 26.7% |
| Provisions and deferred taxes16 | €331,116 | €324,929 | €321,787 | €318,619 | €315,108 | ▼ 1.1% |
| Provisions for liabilities and charges160/5 | - | €324,929 | €321,787 | €318,619 | €315,108 | ▼ 1.1% |
| Other liabilities and charges164/5 | - | €324,929 | €321,787 | €318,619 | €315,108 | ▼ 1.1% |
| Amounts payable17/49 | €256,995 | €224,210 | €195,161 | €93,059 | €151,965 | ▲ 63.3% |
| Amounts payable after more than one year17 | €50,000 | €68,925 | €63,358 | €57,697 | €84,940 | ▲ 47.2% |
| Financial debts170/4 | - | €18,925 | €13,358 | €7,697 | €1,940 | ▼ 74.8% |
| Other amounts payable178/9 | - | €50,000 | €50,000 | €50,000 | €83,000 | ▲ 66.0% |
| Amounts payable within one year42/48 | €206,995 | €155,285 | €131,803 | €35,363 | €67,025 | ▲ 89.5% |
| Current portion of amounts payable after more than one year42 | - | €5,475 | €5,567 | €5,661 | €5,757 | ▲ 1.7% |
| Trade debts44 | €171,632 | €131,515 | €109,109 | €16,414 | €38,060 | ▲ 132% |
| Suppliers440/4 | - | €90,515 | €103,109 | €16,414 | €38,060 | ▲ 132% |
| Bills of exchange payable441 | - | €41,000 | €6,000 | - | - | - |
| Taxes, remuneration and social security45 | - | €18,295 | €7,742 | €7,903 | €12,573 | ▲ 59.1% |
| Taxes450/3 | - | €18,295 | €7,742 | €7,903 | €10,074 | ▲ 27.5% |
| Remuneration and social security454/9 | - | - | - | - | €2,500 | - |
| Other amounts payable47/48 | - | - | €9,385 | €5,385 | €10,635 | ▲ 97.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,738 | €1,852 | €1,139 | €2,477 | -€11,289 | ▼ 556% |
| + Depreciation and write-downs630 | €5,363 | €6,871 | €3,035 | €4,376 | €3,510 | ▼ 19.8% |
| Operating cash flow (approximation) | €7,102 | €8,722 | €4,174 | €6,853 | -€7,779 | ▼ 214% |
| Investment in fixed assets (approximation) | - | -€7,982 | €19,992 | -€1,782 | -€37,101 | ▼ 1,982% |
| Change in cash | - | -€46,247 | -€23,927 | €3,616 | €9,477 | ▲ 162% |
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
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet -€11,289
Net result drops to -€11,289, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Jette · 1 establishment unit since 2000
Ground area
108 m²
Building footprint
76 m²
Volume, LiDAR
751 m³
Parcel 21464F0015/00H000, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Léopold Procureurstraat 34, 1090 Jette
since 20002.093.649.384
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464F0015/00H000 | Brussels | 108 m² | 1 · 76 m² | 12.8 m · 3 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 30,007 companies in sector 62200 we hold annual accounts for 18,394. 15,551 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
Founded01-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
tholden@gmail.com
Phone
+32496175802
Scores and ratios are computed by Checked and are not a credit decision.