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SYNC SOLUTIONS

In bankruptcy Public limited companyfounded 1989Avenue du Marquis 9, 6220 FleurusKBO/BCE: BE 0438.067.737

Overview

Information for creditors

Enterprise Court of Hainaut, Mons division · Official Gazette of 04-03-2022
Appeal or third-party opposition 19-03-2022Filing the claim in RegSol 30-03-2022First verification report 29-04-2022Late claim 28-02-2023

Trustee: Bernard Popyn. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

14 annual accounts with figures on one time axis, 29 filings since 1989
peak €5.1m (2018)
€4.7m▼ 7.4%
lowest -€46,106 (2019)
-€46,106▼ €281,994
peak €853,170 (2018)
€807,064▼ 5.4%
€5.4m▲ 45.2%
peak 76.4 FTE (2019)
76.4 FTE▲ 4.7%
Board1 name since 2020
- 
Documentsfilings and deeds
07-12-2020129 days late
2019financial year
Loss of €46,106Debts from €3.8m to €5.4m1 establishment registeredCash from €1.1m to €394,419

Key points

from the 2019 annual accounts, the last ones filed

Debts

€5.4m 87% of the balance sheet
After one year 6%Within one year 94%

Of this, €5.1m falls due within a year.

Filings

29 annual accounts since 1989
AprilJune31 JulyOctober199020002010

Four of the last ten came late. The 2019 accounts came latest: 129 days after the end of the period.

Final months

566 days from reorganisation to bankruptcy
  • 11-08-2020 reorganisation opened
  • 28-02-2022 declared bankrupt
  • 04-03-2022 published in the Official Gazette

No annual accounts were filed for 2020.

No score

Board and ownership

PM
Director
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Hainaut, Mons division · judgment of 28-02-2022 · Bankruptcy
End & cessation Gazette deed
Registered office moved from Saint-Ghislain to Fleurus New registered office: Avenue du Marquis, 9-6220 Fleurus · Previous registered office: rue Odon Rosier (s) 39-7332 Saint-Ghislain · Reappointment: POURRE Maxime (director) · General meeting of 21-09-2021 · Gazette deed
Resignations & appointments Gazette deed
All 48 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 28-02-2022
Activity
Wholesale of machine toolsNACE 46620and 3 others
Establishment units
2.044.401.296since 09-08-1989
2.236.052.2154000 Liège, since 01-09-2014and 3 others
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2019

€4.7m▼ 7.4%
≈ €20.0mestimated
€46,106
€807,064▼ 5.4%
€6.3m▲ 35.8%
76.4 FTE▲ 4.7%
Filing
Filed on 07-12-2020
Financials

Insights on SYNC SOLUTIONS

On 11 August 2020 the court opened a judicial reorganisation. 566 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2019

full format, filed on 07-12-2020, 129 days late
€4.7m
▼ 7.4%
€131,262
▼ 83.2%
€294,973
▼ 68.7%
€117,605
▼ 70.3%
12.9%
▼ 5.6 percentage points
1.02
▲ 0.05

Money flows

no detail for 2019

Balance sheet

balance sheet total €6.3m on 31-12-2019
What the company ownsHow it is paid for

in euro

in €m

Staff

€56,092

Staff costs divided by the average number of full-time equivalents.

-162 people

people who joined people who left

In 2019, 14 people joined and 176 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 6.3m4.6m3.7m2.7m1.3m902,405621,797298,7101,0698,77615,6426,6333,1365,185
21/28 1.0m1.2m992,2431.2m422,475205,37517,3862,7513243,3953,7881,0111,4882,077
21 417,000486,500556,000625,500----------
22/27 246,961326,413100,29363,14628,86024,28615,3961,677-3,0713,4646871,1641,753
23 206,373268,07574,11732,3827,6258,2933,172757-80458930280240
24 40,58858,33826,17630,76421,23615,99312,224920-2,2662,8753851,0841,513
28 350,040352,390335,951469,390393,615181,0891,9891,074324324324324324324
29/58 5.2m3.4m2.7m1.5m848,608697,030604,412295,9587455,38111,8545,6221,6483,108
3 566,838-----16,579-------
30/36 566,838-----16,579-------
40/41 4.2m2.3m1.4m620,793447,452295,723314,168246,6197455,38111,8545,6221,6483,108
40 3.0m1.1m149,004566,908397,273228,372227,484218,294-5,38111,0045,3141,3441,845
41 1.2m1.2m1.3m53,88550,17867,35286,68428,325745-8503073041,263
54/58 394,4191.1m1.3m902,759401,064396,942269,74946,649------
490/1 68,01166,45019,9712,506934,3643,9162,691------
Balance sheet: equity and liabilities
10/49 6.3m4.6m3.7m2.7m1.3m902,405621,797298,7101,0698,77615,6426,6333,1365,185
10/15 807,064853,170617,282471,336354,511300,85297,38217,327-5,177-26,686-36,501-33,613-30,521-20,196
10/11 100,000100,000100,000100,000100,00061,50018,60018,60018,60018,60018,60018,60018,60018,600
100 100,000100,000100,000100,000100,00061,50018,60018,60018,60018,60018,60018,60018,60018,600
13 10,00010,00010,00010,0008,8336,1501,8601,8601,546471471471471471
130 10,00010,00010,00010,0008,8336,1501,8601,8601,546471471471471471
14 697,064743,170507,282361,336245,678233,20276,922-3,133-25,323-45,757-55,572-52,684-49,592-39,267
17/49 5.4m3.8m3.1m2.2m916,572601,553524,415281,3836,24535,46252,14440,24633,65725,381
17 159,299--200,000----------
170/4 159,299--200,000----------
42/48 5.1m3.5m3.0m2.0m916,572594,821524,415281,3836,24535,46252,14440,24633,65725,381
42 1.4m700,000335,227345,050189,976---------
43 ---------11,9684,2282,9316,177675
430/8 ---------11,9684,2282,9316,177675
44 2.7m1.8m1.8m701,425385,093353,930359,561193,660-2,81415,4292,30953876
440/4 2.7m1.8m1.8m701,425385,09356,1946432,727-2,81415,4292,30953876
441 -----297,736358,918190,933------
46 ---------5,4002,2452,2452,245-
45 1.1m714,753531,854896,963264,739240,877164,84587,514351,498-1414196
450/3 1.1m370,672197,802542,66880,150183,717132,62085,204351,498-1414196
454/9 -344,081334,053354,295184,58857,15932,2262,310------
47/48 1,733354,084359,00157,56776,7651492096,21113,78330,24232,74924,68424,434
492/3 174,786232,923105,80411,753-6,732--------
Income statement
70 -16.4m14.3m11.4m-3.1m1.8m365,23828,79310,85816,25713,740--
76A ---------10,502----
9900 4.7m5.1m3.4m2.5m1.3m769,463259,86755,44921,9972,386-195-323-8,0302,686
60/61 -11.3m10.9m9.0m-2.4m1.5m309,7896,7968,50017,12914,062--
62 4.3m4.1m2.9m2.1m1.1m331,028179,00322,625------
630 163,711160,13594,705120,80716,33513,3488,484649-1,1731,2499309741,093
631/4 95,0458,26327,6663,021----------
640/8 48,67982,88452,27123,29646,65716,60824,785--691810659679806
9901 131,262783,412376,942179,957132,704408,47947,59532,17521,997523-2,254-1,911-9,682787
75/76B 68,76835,58220,3032,7162,6624,4023,9192,691-070--
75 68,76835,58220,3032,7162,6624,4023,9192,691-070--
65/66B 180,119284,27749,64621,9209,3278,8688,068664881,2106411,181642455
65 180,119284,27749,64621,9209,3278,8688,068664881,2106411,181642455
9903 19,911534,717347,598160,752126,039404,01243,44634,80021,5099,815-2,888-3,092-10,325332
67/77 66,017298,829201,65249,68872,380200,542-36,60912,297------
9904 -46,106235,888145,946111,06553,659203,47180,05522,50321,5099,815-2,888-3,092-10,325332
9905 -46,106235,888145,946111,06553,659203,47180,05522,50321,5099,815-2,888-3,092-10,325332
Appropriation of the result
9906 697,064743,170507,282362,215286,861280,39276,922-2,820-24,248-45,757-55,572-52,684-49,592-39,267
691/2 ---87941,18347,190-3141,075-----
691 ----38,50042,900--------
6920 ---8792,6834,290-3141,075-----
Social balance sheet
9087 76.4734935237.73.62.5------
Hours worked1013 131,275119,82882,05957,71212,86212,863-1,309------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2019 (PDF), filed on 07-12-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2019 annual accounts filed 129 days after the deadline. Filed on 7 December 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-74700286.

Financial year Type Filed Reference Document
31-12-2019 full format 07-12-2020 2020-74700286 PDF
31-12-2018 full format 29-03-2019 2019-08500113 PDF
31-12-2017 full format 29-03-2018 2018-08300209 PDF
31-12-2016 full format 17-03-2017 2017-06600381 PDF
31-12-2015 full format 23-03-2016 2016-07200251 PDF
31-12-2014 full format 31-03-2015 2015-08400320 PDF
31-12-2013 full format 09-04-2014 2014-08800504 PDF
31-12-2012 full format 21-08-2013 2013-46400486 PDF
31-12-2011 full format 03-08-2012 2012-39000289 PDF
31-12-2010 full format 26-08-2011 2011-45200538 PDF
31-12-2009 full format 26-08-2010 2010-46600443 PDF
31-12-2008 full format 20-08-2009 2009-59600261 PDF
31-12-2007 full format 14-07-2008 2008-40600183 PDF
31-12-2006 full format 24-05-2007 2007-15800191 PDF
31-12-2005 full format 19-05-2006 2006-14700269 PDF
31-12-2002 full format 03-10-2003 2003-72601348 PDF
31-12-2001 full format 30-05-2002 2002-15402721 PDF
31-12-2000 full format 16-07-2001 2001-38502154 PDF
31-12-1999 full format 06-07-2000 2000-34700060 PDF
31-12-1998 full format 20-09-1999 1999-47601041 PDF
31-12-1997 full format 02-10-1998 1998-50900363 PDF
31-12-1996 full format 25-06-1997 1997-21601508 PDF
31-12-1995 full format 22-07-1996 1996-36200989 PDF
31-12-1994 full format 28-07-1995 1995-43400399 PDF
31-12-1993 full format 29-06-1994 1994-22304097 PDF
31-12-1992 full format 16-07-1993 1993-27301857 PDF
31-12-1991 full format 13-07-1992 1992-21803409 PDF
31-12-1990 full format 17-07-1991 1991-18501747 PDF
31-12-1989 full format 31-07-1990 1990-20000457 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20192018201720162015201420132012201120102009200820072006
294,973943,546471,647300,763149,039421,82756,07932,824-1,695-1,005-981-8,7091,880
117,605396,023240,651231,87169,995216,81988,53923,153-10,988-1,639-2,162-9,3511,425
15,209333,194-71,088812,416234,736207,29523,1183,076-7794,026453385190
-706,759-182,412380,830501,6954,122127,194223,100-------
127,149-79,209-269,156-474,947-67,964102,20979,99614,575-5,501-30,081-40,290-34,624-32,010-22,273
-4.8%2.6%1.6%-13.0%2.7%8.8%76.4%4.8%-13.9%-13.9%--
12.9%18.5%16.6%17.6%27.9%33.3%15.7%5.8%--304.1%-233.3%-506.8%--389.5%
1.020.980.910.760.931.171.151.05-0.150.230.14-0.12
0.910.980.910.760.931.171.121.05-0.150.230.14-0.12
6.754.405.024.692.592.005.3916.24------
-5.7%27.6%23.6%23.6%15.1%67.6%82.2%129.9%------
-0.7%5.1%3.9%4.1%4.2%22.5%12.9%7.5%-111.8%-18.5%-46.6%-6.4%
-24 days4 days18 days-27 days46 days218 days9 days181 days247 days141 days--
-57 days59 days29 days-55 days86 days228 days-121 days329 days60 days--

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on SYNC SOLUTIONS

The operating result for 2019 is 83% lower than in 2018 and the lowest since 2013.

Debt's share of the balance-sheet total rises from 81.5% to 87.1%. Equity is lower and debt is higher.

Board & ownership

Curator

the curator has managed the company since 28-02-2022
Curator, Rue De La Grande Triperie, 15, 7000 Mons
Also on 82 other cases

Last board

1 director, last change in 2020
Director
in office according to the deed of 11-10-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Boardmandate already running before its first mentionBankruptcy 28-02-2022
Mandates as a list
  • POURRE Maxime
    • Director, from before 28-02-2020, until the bankruptcy of 28-02-2022

See the board, name and registered office on a given date →

Control

Capital

Capital
€100,000
Source
2019 annual accounts

Network & group

No group

SYNC SOLUTIONS has no parent and no holdings in its annual accounts. POURRE Maxime is the only director. SYNC SOLUTIONS shares no director with another company.

Timeline

Timeline

48 events since 1989
2022
Bankruptcy published Enterprise Court of Hainaut, Mons division · judgment of 28-02-2022
End & cessation PDF
2021
Registered office moved from Saint-Ghislain to FleurusNew registered office: Avenue du Marquis, 9-6220 Fleurus · Previous registered office: rue Odon Rosier (s) 39-7332 Saint-Ghislain · Reappointment: POURRE Maxime (director) · General meeting of 21-09-20213 points ▸
  • General meeting, 21-09-2021
  • Director reappointment, POURRE Maxime
  • Registered-office move, Avenue du Marquis, 9-6220 Fleurus

Open the deed in the Belgian Official Gazette

Resignations & appointments1 point ▸
  • Court decision, 10-08-2021
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Extension Enterprise Court of Hainaut · amicable agreement · judgment of 28-06-2021
Extension Enterprise Court of Hainaut · amicable agreement · judgment of 08-02-2021
2020
Annual accounts 2019 filed PDFfull format · 129 days late
Judicial reorganisation opened Enterprise Court of Hainaut · amicable agreement · judgment of 11-08-2020
2019
Weakest financial year net -€46,106 The net result drops to -€46,106, the lowest from 2006 to 2019.
New establishment in Aalst Ninovesteenweg 196
Annual accounts 2018 filed PDFfull format · 124 days before the deadline
2018
Highest result from 2006 to 2019 net €235,888 ▲61.6% The operating result of €783,412 and the net result of €235,888 are both a record.
Annual accounts 2017 filed PDFfull format · 124 days before the deadline
New establishment Business Call
New establishment in Fleurus Avenue du Marquis /
2017
Equity above €500,000 equity €617,282 ▲31% After 8 profitable years in a row, equity reaches €617,282.
Annual accounts 2016 filed PDFfull format · 136 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 130 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 122 days before the deadline
2014
Equity above €200,000 equity €300,852 ▲209% After 5 profitable years in a row, equity reaches €300,852.
New establishment in Liège Rue de Rotterdam 23
Annual accounts 2013 filed PDFfull format · 113 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 21 days late
2012
Liquidity more than 8 times current ratio 1.05 The current ratio rises from 0.12 to 1.05.
Annual accounts 2011 filed PDFfull format · 3 days late
2011
Annual accounts 2010 filed PDFfull format · 26 days late
2010
Back to profit net €9,815 The net result is €9,815, after 3 loss-making years.
Annual accounts 2009 filed PDFfull format · 26 days late
2009
Annual accounts 2008 filed PDFfull format · 20 days late
2008
Annual accounts 2007 filed PDFfull format · 17 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 68 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
First establishment
Incorporation 34 publications in the Belgian Official Gazette, the last on 23-02-2022 · published on 22-08-1989

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SYNC SOLUTIONS was incorporated on 1 July 1989.1 The registered office was moved to Fleurus in 2021.2 On 28 February 2022 the company was declared bankrupt.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-10-2021
  3. 3Belgian Official Gazette, 04-03-2022

Company details

Identity

Enterprise number
0438.067.737
VAT number
BE 0438.067.737
Legal form
Public limited company
Status
In bankruptcy, since 28-02-2022
Founded
01-07-1989
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
SYNC SOLUTIONS in French
Entity type
Legal entity

Activities

NACEBEL 2025
46620 Wholesale of machine tools main activity
Codes under NACEBEL 2008
46620 Wholesale of machine tools main activity
47420 Retail trade
61100 Telecommunications
61200 Telecommunications
61300 Telecommunications
61900 Telecommunications
Codes under NACEBEL 2003
51810 main activity

Registered office and establishments

5 establishments
Establishment Since Unit number
Avenue du Marquis 9 registered office 6220 Fleurus
SYNC SOLUTIONS 33110 Repair and maintenance of fabricated metal products 09-08-1989 2.044.401.296
Rue de Rotterdam 23 4000 Liège 33110 Repair and maintenance of fabricated metal products 01-09-2014 2.236.052.215
Avenue du Marquis / 6220 Fleurus 33110 Repair and maintenance of fabricated metal products 15-01-2018 2.271.656.559
Business Call 33110 Repair and maintenance of fabricated metal products 19-02-2018 2.273.167.779
Ninovesteenweg 196 9320 Aalst 61100 Wired, wireless and satellite telecommunications 16-04-2019 2.288.082.124
1 former office
  • rue Odon Rosier (s) 39, 7332 Saint-Ghislain until the deed of 11-10-2021

Buildings and parcels at the addresses

Ground area
1.3 ha
Buildings
3,071 m²
Volume, LiDAR
36,411 m³
Tallest building
32.2 m
Buildings to scale, each on its own parcel
1,541 m², 12.0 m 700 m², 32.2 m 473 m², 14.0 m 183 m², 20.7 m 175 m², 8.1 m 1,541 m², 12.0 m 700 m², 32.2 m 473 m², 14.0 m

Location

registered office establishment approximate All 5 establishment units on the map

Parcels

Flanders 1 (20%) Wallonia 3 (60%) Brussels 1 (20%)
Cadastral parcelRegionArea Buildings Height / floors
52332B0459/00G003Wallonia7,436 m² 1 · 1,541 m² 12.0 m · 2
53073A0690/00E000Wallonia2,190 m² 1 · 175 m² 8.1 m · 2
41342B0950/00H002Flanders1,485 m² 1 · 473 m² 14.0 m · 4
62805B0315/00N009Wallonia1,384 m² 1 · 183 m² 20.7 m · 6
21807G0120/00L005Brussels700 m² 1 · 700 m² 32.2 m · 9