Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Lower solvency than 95% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.
In July 2024, 7,639 companies had the same profile as SYNCONIS has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for SYNCONIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SYNCONIS Oosterzele | €9,420 | -€19,442 | -195.4% | - |
| KAYA STEEL Seraing | €16,324 | -€5,380 | 48.3% | - |
| E&F CONSTRUCT Ninove | €15,209 | -€1,900 | 78.8% | - |
| LAERESKA Herselt | €16,946 | -€26,090 | -204.9% | - |
| DKC METAL Herstal | €19,531 | -€1,322 | 0.8% | - |
| FOR Engineering La Louvière | €7,676 | €1,925 | 37.6% | - |
| EYE 4 METAL Roeselare | €12,666 | €1,817 | 99.4% | - |
These companies have the same main activity as SYNCONIS: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €7,680 and €19,500, founded between 2022 and 2025.
The 2025 annual accounts show negative equity (-€18,407) and a net result of -€24,407. Its solvency ranks better than 5% of 2,343 sector peers (NACE 25, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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