Skip to content

SYNCHRONE

Active
Private limited companyfounded 200125 yrs activeRue du Fort 5, 4671 Blégny, BelgiumKBO/BCE: BE 0474.675.537
Summary

SYNCHRONE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74,519 and a net result of €4,500. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 1547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-9
Solvency37▼-25
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.58 in 2023; short-term debt: 63.9% and cash: 8.6% of total assets), and 88.1% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

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 date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
11.9%
Return on assets
0.7%
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 21% of 1547 sector peers (2024).
NBB · sector comparison
Position among 1547 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
45 d early
2023
69 d early
2022
52 d early
2021
37 d early
2020
1 d early
2019
113 d early
← 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 53 days before 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 April 2001, SYNCHRONE was incorporated.1 Total assets went from EUR 993,748 in 2018 to EUR 628,242 in 2024 and headcount from 9.3 to 17.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4,500▼ 96.1%
2023 · €115,138
Working capital
€151,253▼ 53.2%
2023 · €322,958
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€131,677▼ 7.2%€26,991▼ 79.5%-€70,052€173,481€29,833▼ 82.8%
Net result€95,603▼ 4.8%€9,403▼ 90.2%-€82,179€115,138€4,500▼ 96.1%
Equity€542,399=€458,402▼ 15.5%€376,223▼ 17.9%€491,361▲ 30.6%€74,519▼ 84.8%
Total assets€978,469▲ 3.4%€1.0m▲ 2.6%€957,819▼ 4.6%€1.3m▲ 39.8%€628,242▼ 53.1%
Debt€436,070▲ 7.9%€545,651▲ 25.1%€581,596▲ 6.6%€848,042▲ 45.8%€553,723▼ 34.7%
Working capital€212,037▼ 3.5%€103,244▼ 51.3%€76,714▼ 25.7%€322,958▲ 321%€151,253▼ 53.2%
Staff (FTE)11▲ 8.9%12.1▲ 10.0%14.5▲ 19.8%15.4▲ 6.2%17.2▲ 11.7%
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: €131,677€131,677Net result 2020: €95,603€95,603Operating result 2021: €26,991€26,991Net result 2021: €9,403€9,403Operating result 2022: -€70,052-€70,052Net result 2022: -€82,179-€82,179Operating result 2023: €173,481€173,481Net result 2023: €115,138€115,138Operating result 2024: €29,833€29,833Net result 2024: €4,500€4,50020202021202220232024-€100,000€0€100,000€200,000Operating result 2022: -€70,052-€70,100Net result 2022: -€82,179-€82,200Operating result 2023: €173,481€173,000Net result 2023: €115,138€115,000Operating result 2024: €29,833€29,800Net result 2024: €4,500€4,500202220232024
The operating result falls in 2024; 2024 is 83% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €628,242
Fixed assets €75,758 ▼ 83.7%
Current assets €552,484 ▼ 36.9%
Equity and liabilities €628,242
Equity €74,519 ▼ 84.8%
Debt €553,723 ▼ 34.7%
Debt's share of the balance-sheet total rises from 63.3% to 88.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€61,703▼
2023 · €297,577
Cash flow
€36,371▼
2023 · €239,233
Current ratio
1.38▼
2023 · 1.58
Debt to equity
7.43▲
2023 · 1.73
ROE
6.0%▼
2023 · 23.4%
ROA
0.7%▼
2023 · 8.6%
Interest coverage
8.26▼
2023 · 24.65
Debt ≤ 1 year
€401,231▼
2023 · €552,109
Debt > 1 year
€62,500▼
2023 · €72,500
Income taxes
€18,864▼
2023 · €47,717
Staff costs
€1.0m▲
2023 · €875,273
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€628,242▼
Fixed assets21/28€464,337€75,758▼
Intangible fixed assets21€69,343€48,274▼
Tangible fixed assets22/27€394,994€19,984▼
Land and buildings22€131,881€0▼
Plant, machinery and equipment23€236,579€0▼
Furniture and vehicles24€22,188€14,430▼
Other tangible fixed assets26€4,346€5,555▲
Financial fixed assets28-€7,500
Current assets29/58€875,067€552,484▼
Amounts receivable within one year40/41€560,168€457,569▼
Trade receivables40€384,072€354,669▼
Other amounts receivable41€176,097€102,900▼
Cash at bank and in hand54/58€308,584€53,908▼
Deferred charges and accrued income490/1€6,314€41,007▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€628,242▼
Equity10/15€491,361€74,519▼
Contributions10/11€10,000€2,382▼
Reserves13€347,136€34,092▼
Non-distributable reserves130/1€2,000€476▼
Reserves not available under the articles1311€2,000€476▼
Tax-exempt reserves132€20,336€4,843▼
Distributable reserves133€324,800€28,773▼
Profit (loss) carried forward14€134,225€38,045▼
Amounts payable17/49€848,042€553,723▼
Amounts payable after more than one year17€72,500€62,500▼
Financial debts170/4€72,500€62,500▼
Amounts payable within one year42/48€552,109€401,231▼
Current portion of amounts payable after more than one year42€10,000€10,000=
Trade debts44€228,345€155,263▼
Suppliers440/4€228,345€155,263▼
Taxes, remuneration and social security45€163,764€188,968▲
Taxes450/3€37,936€59,065▲
Remuneration and social security454/9€125,828€129,902▲
Other amounts payable47/48€150,000€47,000▼
Accrued charges and deferred income492/3€223,434€89,992▼
Income statement Code20232024
Remuneration, social security and pensions62€875,273€1.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124,095€31,871▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,178
Other operating charges640/8€12,168€20,607▲
Non-recurring operating charges66A-€2,700
Gross operating margin9900€1.2m€1.1m▼
Operating profit (loss)9901€173,481€29,833▼
Financial income75/76B€1,444€998▼
Recurring financial income75€1,444€998▼
Financial charges65/66B€12,071€7,467▼
Recurring financial charges65€12,071€7,467▼
Profit (loss) for the period before taxes9903€162,854€23,364▼
Income taxes67/77€47,717€18,864▼
Profit (loss) for the period9904€115,138€4,500▼
Transfer to tax-exempt reserves689€2,350€0▼
Profit (loss) for the period to be appropriated9905€112,788€4,500▼
Appropriation of the result
Profit (loss) to be appropriated9906€134,225€36,466▼
Profit (loss) brought forward from the previous period14P€21,438€31,966▲
Transfer from equity791/2-€48,579
Profit to be distributed694/7-€47,000
Return on contributions (dividend)694-€47,000
Social balance
Average headcount (FTE)908715.417.2▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€599,731€682,032€875,273€1.0m▲ 14.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,997€77,329€86,879€124,095€31,871▼ 74.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€805--€4,178-
Other operating charges640/8-€9,744€10,704€12,168€20,607▲ 69.4%
Non-recurring operating charges66A----€2,700-
Gross operating margin9900€748,013€714,600€709,563€1.2m€1.1m▼ 7.9%
Operating profit (loss)9901€131,677€26,991-€70,052€173,481€29,833▼ 82.8%
Financial income75/76B-€541€35€1,444€998▼ 30.9%
Recurring financial income75€460€541€35€1,444€998▼ 30.9%
Financial charges65/66B-€12,688€10,969€12,071€7,467▼ 38.1%
Recurring financial charges65€8,395€12,688€10,969€12,071€7,467▼ 38.1%
Profit (loss) for the period before taxes9903€123,742€14,844-€80,986€162,854€23,364▼ 85.7%
Income taxes67/77€28,139€5,441€1,192€47,717€18,864▼ 60.5%
Profit (loss) for the period9904€95,603€9,403-€82,179€115,138€4,500▼ 96.1%
Transfer from tax-exempt reserves789-€15,500€17,800---
Transfer to tax-exempt reserves689---€2,350€0▼ 100%
Profit (loss) for the period to be appropriated9905€111,103€24,903-€64,379€112,788€4,500▼ 96.0%
Line20202021202220232024Change
Assets
Total assets20/58€978,469€1.0m€957,819€1.3m€628,242▼ 53.1%
Fixed assets21/28€463,915€551,001€524,264€464,337€75,758▼ 83.7%
Intangible fixed assets21€9,522€68,821€89,746€69,343€48,274▼ 30.4%
Tangible fixed assets22/27€454,393€482,180€434,518€394,994€19,984▼ 94.9%
Land and buildings22-€163,433€147,657€131,881€0▼ 100%
Plant, machinery and equipment23-€292,379€263,767€236,579€0▼ 100%
Furniture and vehicles24-€26,368€23,095€22,188€14,430▼ 35.0%
Other tangible fixed assets26---€4,346€5,555▲ 27.8%
Financial fixed assets28----€7,500-
Current assets29/58€514,554€453,052€433,555€875,067€552,484▼ 36.9%
Amounts receivable within one year40/41€256,181€304,390€337,829€560,168€457,569▼ 18.3%
Trade receivables40-€250,270€269,104€384,072€354,669▼ 7.7%
Other amounts receivable41-€54,120€68,725€176,097€102,900▼ 41.6%
Current investments50/53€24,051€0----
Cash at bank and in hand54/58€218,770€143,452€84,470€308,584€53,908▼ 82.5%
Deferred charges and accrued income490/1-€5,210€11,256€6,314€41,007▲ 549%
Equity and liabilities
Total equity and liabilities10/49€978,469€1.0m€957,819€1.3m€628,242▼ 53.1%
Equity10/15€542,399€458,402€376,223€491,361€74,519▼ 84.8%
Contributions10/11-€12,000€12,000€10,000€2,382▼ 76.2%
Reserves13€342,786€342,786€342,786€347,136€34,092▼ 90.2%
Non-distributable reserves130/1---€2,000€476▼ 76.2%
Reserves not available under the articles1311---€2,000€476▼ 76.2%
Tax-exempt reserves132-€35,786€17,986€20,336€4,843▼ 76.2%
Distributable reserves133-€307,000€324,800€324,800€28,773▼ 91.1%
Profit (loss) carried forward14€187,613€103,616€21,438€134,225€38,045▼ 71.7%
Amounts payable17/49€436,070€545,651€581,596€848,042€553,723▼ 34.7%
Amounts payable after more than one year17€124,073€181,054€223,129€72,500€62,500▼ 13.8%
Financial debts170/4-€181,054€223,129€72,500€62,500▼ 13.8%
Amounts payable within one year42/48€302,517€349,808€356,841€552,109€401,231▼ 27.3%
Current portion of amounts payable after more than one year42-€43,812€50,426€10,000€10,000=
Trade debts44€42,466€110,490€162,228€228,345€155,263▼ 32.0%
Suppliers440/4-€110,490€162,228€228,345€155,263▼ 32.0%
Taxes, remuneration and social security45-€102,106€113,938€163,764€188,968▲ 15.4%
Taxes450/3-€34,199€43,915€37,936€59,065▲ 55.7%
Remuneration and social security454/9-€67,907€70,023€125,828€129,902▲ 3.2%
Other amounts payable47/48-€93,400€30,250€150,000€47,000▼ 68.7%
Accrued charges and deferred income492/3-€14,789€1,626€223,434€89,992▼ 59.7%
Line20202021202220232024Change
Profit (loss) for the period9904€95,603€9,403-€82,179€115,138€4,500▼ 96.1%
+ Depreciation and write-downs630€63,997€77,329€86,879€124,095€31,871▼ 74.3%
Operating cash flow (approximation)€159,600€86,732€4,701€239,233€36,371▼ 84.8%
Investment in fixed assets (approximation)--€164,415-€60,142-€64,168€356,708▲ 656%
Change in cash--€75,318-€58,982€224,114-€254,676▼ 214%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €115,138
Net result €115,138 after one loss-making year.
09-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet -€82,179
Net result drops to -€82,179, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
09-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Equity above €500,000Eq €542,395 ▲22.7%
2 profitable years in a row build equity to €542,395.
15-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
12-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
13 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, Blégny · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
2,693 m²
Building footprint
338 m²
Volume, LiDAR
1,207 m³
Parcel 62010A0142/00A002, Wallonia · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Rue du Fort 5, 4671 Blégny
NACE 6321005
since 20012.095.131.803
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62010A0142/00A002 Wallonia 2,693 m² 1 · 338 m² 5.9 m · 1 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.

Recognitions · licences · registrations

Legal Entity Identifier

6994006EBDS7P5513V44
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,397 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
Founded25-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
61100Wired, wireless and satellite telecommunications
63100Computing infrastructure, data processing, hosting and related activities

Scores and ratios are computed by Checked and are not a credit decision.