SYNCHRONE (0474.675.537): annual accounts, directors and company register

SYNCHRONE

Blegny ·KBO/BCE: BE 0474.675.537

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
SYNCHRONE Blegny	€568,669	€1.2m	20.5%	18.9
DAMNET Namur	€809,368	€1.7m	15.6%	23.2
I.S.A.B. Anzegem	€915,695	€1.4m	50.7%	19
LCP Oostkamp	€706,285	€0.8m	39.0%	12.7
Axemédia Etterbeek	€388,484	€1.5m	-3.7%	17.6
FALCON AUTOMATION Genk	€918,843	€1.4m	-25.9%	19.8
GALATEIA Gembloux	€523,503	€1.3m	42.6%	16.4

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	568,669	628,242	1.3m	957,819	1.0m	978,469	946,433	993,748	1.0m	903,690	920,840	939,712	949,293	921,654	901,893	599,274	372,231	255,705	160,776	97,436
Fixed assets`21/28`	60,592	75,758	464,337	524,264	551,001	463,915	476,338	584,366	659,587	634,720	621,845	671,262	738,904	790,173	738,510	351,014	58,133	66,417	13,074	28,746
Intangible fixed assets`21`	27,622	48,274	69,343	89,746	68,821	9,522	0	0	0	0	540	5,751	14,743	35,734	42,025	44,726	21,000	12,000	733	1,466
Tangible fixed assets`22/27`	25,470	19,984	394,994	434,518	482,180	454,393	476,338	584,366	659,587	634,720	621,305	665,511	723,981	754,259	696,305	306,108	36,953	54,237	12,161	27,100
Land and buildings`22`	-	0	131,881	147,657	163,433	179,209	168,180	181,362	194,544	207,726	220,908	234,090	247,272	260,454	273,636	286,818	-	-	-	-
Plant, machinery and equipment`23`	2,506	0	236,579	263,767	292,379	244,130	258,393	283,687	315,435	351,982	387,170	420,912	465,801	479,492	416,053	2,587	3,298	4,008	4,719	5,429
Furniture and vehicles`24`	18,758	14,430	22,188	23,095	26,368	31,054	49,765	119,317	149,608	75,012	13,227	10,509	10,908	14,313	6,615	16,703	33,655	50,229	7,442	21,671
Other tangible fixed assets`26`	4,206	5,555	4,346	-	-	-	0	0	0	0	0	0	-	0	-	-	-	-	-	-
Financial fixed assets`28`	7,500	7,500	-	-	-	-	-	-	-	-	-	0	180	180	180	180	180	180	180	180
Current assets`29/58`	508,077	552,484	875,067	433,555	453,052	514,554	470,095	409,382	371,891	268,970	298,995	268,450	210,389	131,482	163,384	248,259	314,098	189,287	147,702	68,690
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	-	0	8,176	8,000	-	8,000	14,000	8,000	-	-
Other amounts receivable`291`	-	-	-	-	-	-	-	-	-	-	-	0	8,176	8,000	-	8,000	14,000	8,000	-	-
Amounts receivable within one year`40/41`	368,092	457,569	560,168	337,829	304,390	256,181	238,513	246,698	213,004	180,661	160,032	110,913	165,398	87,049	100,825	80,936	95,289	66,977	39,585	26,043
Trade receivables`40`	349,292	354,669	384,072	269,104	250,270	220,610	237,686	246,687	192,605	169,683	155,654	82,131	109,098	81,641	47,621	60,251	84,727	53,882	38,696	25,405
Other amounts receivable`41`	18,800	102,900	176,097	68,725	54,120	35,571	828	11	20,400	10,978	4,378	28,782	56,300	5,408	53,204	20,685	10,562	13,095	889	638
Current investments`50/53`	-	-	-	-	0	24,051	29,128	23,056	34,719	33,060	29,318	39,308	30,931	30,455	31,602	31,364	30,964	66,385	36,010	31,052
Cash at bank and in hand`54/58`	109,471	53,908	308,584	84,470	143,452	218,770	188,202	124,979	119,364	50,321	100,535	114,194	4,117	5,978	29,385	126,529	171,612	47,348	71,762	11,332
Deferred charges and accrued income`490/1`	30,514	41,007	6,314	11,256	5,210	15,552	14,252	14,649	4,804	4,927	9,110	4,035	1,767	0	1,572	1,431	2,233	578	345	263
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	568,669	628,242	1.3m	957,819	1.0m	978,469	946,433	993,748	1.0m	903,690	920,840	939,712	949,293	921,654	901,893	599,274	372,231	255,705	160,776	97,436
Equity`10/15`	116,346	74,519	491,361	376,223	458,402	542,399	542,395	441,922	569,560	488,019	545,302	517,144	276,138	436,070	358,193	331,774	237,320	150,136	80,832	69,512
Contributions`10/11`	2,382	2,382	10,000	12,000	12,000	12,000	10,000	10,000	190,000	190,000	190,000	190,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000
Issued capital`100`	-	-	-	-	-	-	20,000	20,000	200,000	200,000	200,000	200,000	20,000	20,000	10,000	10,000	10,000	10,000	10,000	10,000
Uncalled capital`101`	-	-	-	-	-	-	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	-	-	-	-	-	-
Reserves`13`	34,092	34,092	347,136	342,786	342,786	342,786	344,786	344,786	344,336	298,224	298,112	223,500	173,500	173,500	143,500	143,500	113,500	61,000	31,000	26,000
Non-distributable reserves`130/1`	476	476	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	10,000	5,000
Legal reserve`130`	-	-	-	-	-	-	2,000	2,000	19,000	19,000	19,000	6,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000
Reserves not available under the articles`1311`	476	476	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	10,000	5,000
Tax-exempt reserves`132`	4,843	4,843	20,336	17,986	35,786	51,286	66,786	82,286	81,836	35,724	35,612	50,000	50,000	102,500	102,500	102,500	102,500	50,000	20,000	20,000
Distributable reserves`133`	28,773	28,773	324,800	324,800	307,000	291,500	276,000	260,500	243,500	243,500	243,500	167,500	122,500	70,000	40,000	40,000	10,000	-	-	-
Profit (loss) carried forward`14`	79,872	38,045	134,225	21,438	103,616	187,613	187,610	87,136	35,224	-205	306	40,440	22,412	213,350	161,114	178,274	113,820	79,136	39,832	33,512
Investment grants`15`	-	-	-	-	-	-	-	-	-	0	56,883	63,204	70,226	39,221	43,578	-	-	-	-	-
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,945	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,945	-
Amounts payable`17/49`	452,324	553,723	848,042	581,596	545,651	436,070	404,038	551,826	461,918	415,671	375,539	422,568	673,155	485,584	543,701	267,500	134,911	105,568	61,999	27,924
Amounts payable after more than one year`17`	52,500	62,500	72,500	223,129	181,054	124,073	152,133	239,623	316,947	272,457	247,925	276,257	304,589	332,921	365,382	165,506	22,433	30,781	-	-
Financial debts`170/4`	52,500	62,500	72,500	223,129	181,054	124,073	152,133	239,623	316,947	272,457	247,925	276,257	304,589	332,921	365,382	165,506	22,433	30,781	-	-
Amounts payable within one year`42/48`	387,824	401,231	552,109	356,841	349,808	302,517	250,296	297,294	144,262	143,214	127,582	143,525	368,307	152,663	178,090	100,620	112,244	74,746	61,487	27,729
Current portion of amounts payable after more than one year`42`	10,000	10,000	10,000	50,426	43,812	42,417	45,500	64,700	51,687	41,563	28,332	28,332	28,332	32,461	37,762	34,844	8,349	7,856	9,000	9,000
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	0	25,000	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	0	25,000	-	-	-	-	-	-	-
Trade debts`44`	171,439	155,263	228,345	162,228	110,490	42,466	125,821	25,270	42,049	25,019	29,406	28,309	39,758	49,763	74,747	4,027	16,476	5,458	13,132	3,195
Suppliers`440/4`	171,439	155,263	228,345	162,228	110,490	42,466	125,821	25,270	42,049	25,019	29,406	28,309	39,758	49,763	72,366	4,027	16,476	5,458	13,132	3,195
Bills of exchange payable`441`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,382	-	-	-	-	-
Taxes, remuneration and social security`45`	206,385	188,968	163,764	113,938	102,106	121,881	78,288	87,111	50,021	76,028	69,344	65,584	94,483	39,788	45,349	32,383	40,129	27,814	21,451	8,876
Taxes`450/3`	62,175	59,065	37,936	43,915	34,199	33,521	17,244	47,736	14,746	45,097	29,375	27,150	46,521	8,871	17,018	10,725	19,452	13,779	13,195	7,376
Remuneration and social security`454/9`	144,209	129,902	125,828	70,023	67,907	88,360	61,044	39,375	35,276	30,931	39,969	38,434	47,962	30,918	28,331	21,658	20,677	14,035	8,256	1,500
Other amounts payable`47/48`	0	47,000	150,000	30,250	93,400	95,753	688	120,214	505	604	500	21,300	180,734	30,650	20,231	29,366	47,290	33,618	17,904	6,658
Accrued charges and deferred income`492/3`	12,000	89,992	223,434	1,626	14,789	9,480	1,608	14,909	708	0	32	2,786	259	0	229	1,374	234	41	512	195
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	1.2m	1.1m	1.2m	709,563	714,600	748,013	739,183	661,494	549,886	518,377	491,531	448,102	414,748	410,801	326,275	308,678	256,300	207,487	141,876	60,029
Remuneration, social security and pensions`62`	1.1m	1.0m	875,273	682,032	599,731	541,349	493,755	470,394	375,587	388,562	330,479	279,043	277,929	239,102	184,731	126,295	114,856	71,748	48,335	9,769
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	32,231	31,871	124,095	86,879	77,329	63,997	89,157	86,703	79,299	60,237	69,562	76,425	80,191	59,720	90,784	34,624	20,230	22,462	16,626	18,133
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	4,346	4,178	-	-	805	683	1,005	-2,722	2,722	-640	-788	495	933	-261	-4,491	47,857	-	-4,863	4,863	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,945	17,945	-
Other operating charges`640/8`	2,085	20,607	12,168	10,704	9,744	10,307	13,301	14,671	11,751	4,501	4,643	2,827	7,246	1,696	9,414	1,735	1,643	10,142	1,151	1,350
Non-recurring operating charges`66A`	0	2,700	-	-	-	-	-	-	-	40,000	-	-	10,061	10,061	17,606	-	10,085	-	-	-
Operating profit (loss)`9901`	76,746	29,833	173,481	-70,052	26,991	131,677	141,965	92,447	80,527	25,716	87,636	89,312	48,450	110,544	45,837	98,167	119,570	125,942	52,956	30,777
Financial income`75/76B`	569	998	1,444	35	541	460	4,012	2,258	21,906	7,079	1,357	823	1,510	1,938	8,168	1,008	14,695	4,964	5,249	1,347
Recurring financial income`75`	569	998	1,444	35	541	460	4,012	2,258	21,906	6,079	1,357	823	1,510	1,938	8,168	1,008	14,695	4,964	5,249	1,347
Non-recurring financial income`76B`	-	-	-	-	-	-	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	8,157	7,467	12,071	10,969	12,688	8,395	10,849	9,870	10,975	12,063	23,410	15,851	17,045	17,180	16,463	7,405	2,330	22,529	10,479	1,926
Recurring financial charges`65`	8,157	7,467	12,071	10,969	12,688	8,395	10,849	9,870	10,975	12,063	23,410	15,851	17,045	17,180	16,463	7,405	2,330	22,529	10,479	1,926
Profit (loss) for the period before taxes`9903`	69,158	23,364	162,854	-80,986	14,844	123,742	135,128	84,835	91,458	20,732	65,583	74,284	22,854	85,242	19,936	91,770	121,851	108,378	47,726	30,198
Income taxes`67/77`	27,332	18,864	47,717	1,192	5,441	28,139	34,654	32,473	9,917	6,132	31,105	6,256	13,792	3,006	17,095	22,316	24,667	27,073	14,406	5,470
Profit (loss) for the period`9904`	41,826	4,500	115,138	-82,179	9,403	95,603	100,474	52,362	81,541	14,600	34,478	68,028	9,062	82,235	2,841	69,454	97,183	81,305	33,320	24,728
Transfer from tax-exempt reserves`789`	-	-	-	17,800	15,500	15,500	15,500	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	0	2,350	-	-	-	-	15,450	46,112	112	15,612	30,000	-	30,000	-	30,000	52,500	30,000	-	-
Profit (loss) for the period to be appropriated`9905`	41,826	4,500	112,788	-64,379	24,903	111,103	115,974	36,912	35,429	14,488	18,866	38,028	9,062	52,235	2,841	39,454	44,683	51,305	33,320	24,728
Appropriation of the result
Profit (loss) to be appropriated`9906`	79,872	36,466	134,225	39,238	212,516	298,713	203,110	87,136	35,224	14,795	59,306	60,440	222,412	213,350	181,114	178,274	123,820	91,136	66,832	45,112
Profit (loss) brought forward from the previous period`14P`	38,045	31,966	21,438	103,616	187,613	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	0	48,579	-	-	-	-	-	17,000	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	17,800	15,500	15,500	15,500	17,000	0	-	59,000	20,000	-	-	-	-	-	-	5,000	5,000
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	13,000	5,000	-	-	-	-	-	-	-	-
To other reserves`6921`	-	-	-	17,800	15,500	15,500	15,500	17,000	0	-	46,000	15,000	-	-	-	-	-	-	5,000	5,000
Profit to be distributed`694/7`	0	47,000	-	-	93,400	95,600	-	-	-	15,000	-	-	200,000	-	20,000	-	10,000	12,000	22,000	6,600
Return on contributions (dividend)`694`	0	47,000	-	-	93,400	95,600	-	-	-	-	-	-	200,000	-	-	-	-	-	10,000	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	15,000	-	-	-	-	20,000	-	10,000	12,000	12,000	6,600
Social balance sheet
Average staff (FTE)`9087`	18.9	17.2	15.4	14.5	12.1	11	10.1	9.3	8.4	8.9	8.7	7.3	7.5	6.9	6.7	3.9	3.9	3.2	2	1.5
Hours worked`1013`	31,093	30,307	26,241	23,949	20,799	18,857	-	16,172	14,455	15,186	13,710	12,130	13,270	11,710	9,021	6,928	6,192	4,202	3,190	244
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	29-06-2026	2026-00227265	PDF
31-12-2024	full format	16-06-2025	2025-00146719	PDF
31-12-2023	full format	23-05-2024	2024-00095140	PDF
31-12-2022	full format	09-06-2023	2023-00116468	PDF
31-12-2021	full format	24-06-2022	2022-20098114	PDF
31-12-2020	full format	30-07-2021	2021-43300051	PDF
31-12-2019	full format	09-04-2020	2020-08900197	PDF
31-12-2018	full format	15-07-2019	2019-32700465	PDF
31-12-2017	full format	24-08-2018	2018-49300410	PDF
31-12-2016	full format	31-07-2017	2017-40800323	PDF
31-12-2015	full format	12-08-2016	2016-42600122	PDF
31-12-2014	full format	13-08-2015	2015-42800439	PDF
31-12-2013	full format	21-08-2014	2014-45400212	PDF
31-12-2012	full format	23-08-2013	2013-46600351	PDF
31-12-2011	full format	22-08-2012	2012-44100415	PDF
31-12-2010	full format	20-07-2011	2011-32000569	PDF
31-12-2009	full format	04-06-2010	2010-15200227	PDF
31-12-2008	full format	11-06-2009	2009-21600067	PDF
31-12-2007	full format	24-07-2008	2008-46200205	PDF
31-12-2006	full format	17-07-2007	2007-41700226	PDF
31-12-2005	full format	17-05-2006	2006-15102485	PDF
31-12-2004	full format	05-07-2005	2005-42504292	PDF
31-12-2003	full format	28-06-2004	2004-34002120	PDF
31-12-2002	full format	08-07-2003	2003-41402751	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	108,977	61,703	297,577	16,827	104,320	195,674	231,122	179,150	159,826	85,954	157,197	165,737	128,641	170,264	136,621	132,791	139,800	148,405	69,582	48,910
Cash flow	74,057	36,371	239,233	4,701	86,732	159,600	189,630	139,065	160,840	74,838	104,040	144,453	89,253	141,956	93,625	104,078	117,413	103,767	49,946	42,861
Investment in fixed assets	17,065	17,634	64,168	60,142	164,416	64,725	18,698	11,483	104,166	73,113	20,144	8,963	40,922	123,374	495,991	370,611	23,945	75,806	953	13,297
Change in cash	55,564	-254,676	224,114	-58,982	-75,318	30,568	63,223	5,616	69,042	-50,214	-13,659	110,077	-1,860	-23,407	-97,144	-45,083	124,264	-24,414	60,430	-
Working capital	120,254	151,253	322,958	76,714	103,244	212,037	219,799	112,088	227,628	125,756	171,414	124,925	-157,918	-21,181	-14,706	147,639	201,854	114,541	86,215	40,961
Solvency	20.5%	11.9%	36.7%	39.3%	45.7%	55.4%	57.3%	44.5%	55.2%	54.0%	59.2%	55.0%	29.1%	47.3%	39.7%	55.4%	63.8%	58.7%	50.3%	71.3%
Current ratio	1.31	1.38	1.58	1.21	1.30	1.70	1.88	1.38	2.58	1.88	2.34	1.87	0.57	0.86	0.92	2.47	2.80	2.53	2.40	2.48
Debt to equity	3.89	7.43	1.73	1.55	1.19	0.80	0.74	1.25	0.81	0.85	0.69	0.82	2.44	1.11	1.52	0.81	0.57	0.70	0.77	0.40
ROE	36.0%	6.0%	23.4%	-21.8%	2.1%	17.6%	18.5%	11.8%	14.3%	3.0%	6.3%	13.2%	3.3%	18.9%	0.8%	20.9%	41.0%	54.2%	41.2%	35.6%
ROA	7.4%	0.7%	8.6%	-8.6%	0.9%	9.8%	10.6%	5.3%	7.9%	1.6%	3.7%	7.2%	1.0%	8.9%	0.3%	11.6%	26.1%	31.8%	20.7%	25.4%
Interest coverage	13.36	8.26	24.65	1.53	8.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	21	19	16	15	12
full-time	18	17	14	12	11
part-time	3	2	2	3	1
in full-time equivalents	20.1	18.5	15.3	13.8	11.8
Average over the year, in full-time equivalents	18.9	17.2	15.4	14.5	12.1
On a permanent contract	19	19	16	15	12
Joined	2	9	5	5	3
Left	0	6	4	2	2

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	-	-	€92,099	€120,431
Mortgages, amount registered	-	-	€25,000	€425,000	€425,000
Carrying value of the mortgaged assets	-	-	€131,881	€147,657	€350,048

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€17,056	€10,134	€32,821	€27,463	€99,744
Intangible fixed assets	€9	-	€31,348	€32,679	€64,672
Financial fixed assets	€0	€7,500	-	-	-
Depreciation and write-downs of the year	€32,231	€31,871	€124,095	€86,879	€77,329

POLARSUN registered office since 09-06-2021 · founded in 2021	22 FTE (2025) 0769.520.103
Arvest Ventures establishment since 02-03-2020 · founded in 2020	2 FTE (2025) 0743.869.739
IMMO PAGGEN registered office since 15-10-2022 · founded in 2022	total assets €477,587 (2025) 0792.400.918
IMMO FORT CINQ registered office since 04-04-2024 · founded in 2024	total assets €373,644 (2025) 1007.984.408
Association Momentanée Polarsun-VHC registered office since 21-08-2025	founded in 2025 1026.679.870
La société momentanée Perpetum Energy BV - POLARSUN SRL registered office since 23-10-2023	founded in 2023 1001.601.214

Overview

Lifetime

Key points

Equity

Turnover

Debts

Staff

Filings

Restructuring

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SYNCHRONE

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency20.5%

Current ratio1.31

Return on assets7.4%

Staff

Staff cost per FTE€58,505

Joined and left+2

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on SYNCHRONE

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Capital transactions

Network & group

Group

Belgium 1 Equity Result

At the same address

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels