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SYNCRO

Active
Private limited companyfounded 2024active for 2 yearsGeraardsbergsestraat 131, 9400 Ninove, BelgiumKBO/BCE: BE 1015.165.079
Summary

The computed 12-month bankruptcy probability of SYNCRO is 1.5% (moderate). The 2025 annual accounts show equity of €22,087 and a net result of €21,087. Its solvency ranks better than 90% of 954 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 16-10-2024 Normal situation
Activity
Full-service restaurants NACE 56111and 5 others
Establishment unit
2.365.720.924 9400 Ninove, since 16-10-2024
Financial year end
31 December
Peppol
Reachable since 07-11-2024

Board and ownership

Board

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€33,780
Turnover
≈ €170,000
estimated
Profit
€21,087
Equity
€22,087
Total assets
€28,071
  • 2025 accounts filed 21 days after the deadline
Score breakdownraises riskSize: total assets €28,071Founded in 2024Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 2.53, cash €10,363Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 93% of micro companies in food and beverage service (NACE 56)
Financial strength
Strong
Solvency 100
equity 78.7% of total assets
Liquidity 89
short-term debt 21.3% · cash 36.9%
Profitability 100
return on assets 75.1%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 11-2025: 3.9% 12-2025: 4.0%▲ +0.1 percentage points vs 11-2025 01-2026: 4.1%▲ +0.1 percentage points vs 12-2025 02-2026: 4.6%▲ +0.5 percentage points vs 01-2026 03-2026: 4.6%● unchanged vs 02-2026 04-2026: 4.9%▲ +0.3 percentage points vs 03-2026 05-2026: 5.3%▲ +0.4 percentage points vs 04-2026highest value 06-2026: 5.3%● unchanged vs 05-2026highest value 07-2026: 5.2%▼ -0.1 percentage points vs 06-2026 08-2026: 5.1%▼ -0.1 percentage points vs 07-2026 09-2026: 1.5%▼ -3.6 percentage points vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026lowest value 11-2026: 1.5%● unchanged vs 10-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.53, above the usual 1.5. Short-term debt is 21.3% and cash 36.9% of total assets. 21.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 91% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
raises risk · Size: total assets €28,071
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.53, cash €10,363
NBB · annual accounts
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
21 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, full format

2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00413433.

Annual accounts 2025 filed on 21-08-2026 at the NBB

Turnover
≈ €170,000
Estimated: probably between €130,000 and €220,000
EBIT margin
Not included in this filing
Net result
€21,087
Working capital
€9,162

The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €28,071
Fixed assets €12,925
Current assets €15,146
Equity and liabilities €28,071
Equity €22,087
Debt €5,984
Debt's share of the balance-sheet total is 21.3%.
Key figures and ratios
2025 value
EBITDA
€30,959
Cash flow
€24,843
Current ratio
2.53
Debt to equity
0.27
ROE
95.5%
ROA
75.1%
Interest coverage
32.92
Debt ≤ 1 year
€5,984
Income taxes
€5,175

Investments

fixed assets acquired
Item2025
Tangible fixed assets€15,844
Depreciation and write-downs of the year€3,756

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€28,071
Fixed assets21/28€12,925
Tangible fixed assets22/27€12,925
Plant, machinery and equipment23€4,863
Furniture and vehicles24€1,240
Other tangible fixed assets26€6,822
Current assets29/58€15,146
Amounts receivable within one year40/41€2,999
Other amounts receivable41€2,999
Cash at bank and in hand54/58€10,363
Deferred charges and accrued income490/1€1,784
Equity and liabilities
Total equity and liabilities10/49€28,071
Equity10/15€22,087
Contributions10/11€1,000
Contributions outside capital11€1,000
Other1109/19€1,000
Reserves13€21,087
Distributable reserves133€21,087
Amounts payable17/49€5,984
Amounts payable within one year42/48€5,984
Trade debts44€809
Suppliers440/4€809
Taxes, remuneration and social security45€5,175
Taxes450/3€5,175
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,756
Other operating charges640/8€2,821
Gross operating margin9900€33,780
Operating profit (loss)9901€27,203
Financial charges65/66B€940
Recurring financial charges65€940
Profit (loss) for the period before taxes9903€26,262
Income taxes67/77€5,175
Profit (loss) for the period9904€21,087
Profit (loss) for the period to be appropriated9905€21,087
Appropriation of the result
Profit (loss) to be appropriated9906€21,087
Transfer to equity691/2€21,087
To other reserves6921€21,087

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,756
Other operating charges640/8€2,821
Gross operating margin9900€33,780
Operating profit (loss)9901€27,203
Financial charges65/66B€940
Recurring financial charges65€940
Profit (loss) for the period before taxes9903€26,262
Income taxes67/77€5,175
Profit (loss) for the period9904€21,087
Profit (loss) for the period to be appropriated9905€21,087
Line2025
Assets
Total assets20/58€28,071
Fixed assets21/28€12,925
Tangible fixed assets22/27€12,925
Plant, machinery and equipment23€4,863
Furniture and vehicles24€1,240
Other tangible fixed assets26€6,822
Current assets29/58€15,146
Amounts receivable within one year40/41€2,999
Other amounts receivable41€2,999
Cash at bank and in hand54/58€10,363
Deferred charges and accrued income490/1€1,784
Equity and liabilities
Total equity and liabilities10/49€28,071
Equity10/15€22,087
Contributions10/11€1,000
Contributions outside capital11€1,000
Other1109/19€1,000
Reserves13€21,087
Distributable reserves133€21,087
Amounts payable17/49€5,984
Amounts payable within one year42/48€5,984
Trade debts44€809
Suppliers440/4€809
Taxes, remuneration and social security45€5,175
Taxes450/3€5,175
Line2025
Profit (loss) for the period9904€21,087
+ Depreciation and write-downs630€3,756
Operating cash flow (approximation)€24,843

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as SYNCRO has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SYNCRO itself: 1.5% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for SYNCRO. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 full format 21-08-2026 2026-00413433 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2024
Ekseri Arda
Director (not named in the articles) · appointed in the act of 18-10-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 21-08-2026
Current
Ekseri Mustafa
Director (not named in the articles) · appointed in the act of 18-10-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 21-08-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Evenzo, wanneer de vennootschap slechts één aandeelhouder telt en het bestuur van de vennootschap wordt gevoerd door een derde, zal het…”
deed of 18-10-2024

Owners and capital

Shareholders

At incorporation act of 18-10-2024 ↗

Capital transactions

Capital over time
  1. 18-10-2024 Incorporation · €1,000 · 100 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Ekseri Arda
  • Director (not named in the articles), appointed in the act of 18-10-2024, still in office
Ekseri Mustafa
  • Director (not named in the articles), appointed in the act of 18-10-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Benoeming bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, algemene vergadering die benoemt”
“Vervreemding,aankoop of hypotheekstelling van onroerende vennootschapsgoederen, voorafgaand akkoord enige aandeelhouder als algemene…”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Wettelijk voorziene machten tenzij algemene vergadering anders beslist met gewone meerderheid, tenzij voldaan aan voorwaarden…”

Articles of association, deed of 18-10-2024 (in Dutch)

Network & group

SYNCRO shares no director with another company.

Connections & network

2 current directors
Depth

The network starts from the directors of SYNCRO. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
21-08
NBB filing Annual accounts 2025 filedNBB
full format · 21 days late
2024
18-10
Gazette deed Incorporation
Starting capital €1,000 · Appointments: Ekseri Mustafa (director) and Ekseri Arda (director) · Registered office clause · Pre-incorporation commitments11 points ▸
  • Registered office clause, “9400 Ninove,Geraardsbergsestraat 131, oprichters” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten ondernomen door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Director appointment, Ekseri Mustafa (director (not named in the articles))
  • Director appointment, Ekseri Arda (director (not named in the articles))
  • Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch), mentioned 2 times in the deed
  • Power of attorney, Cofiac BV
  • Incorporation, 16-10-2024
  • Founder, Ekseri Mustafa
  • Founder, Ekseri Arda
  • Founding capital, €1,000
  • Capital

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

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

Company details

Register details

Identity

KBO record
Name SYNCRO in Dutch
Enterprise number 1015.165.079
Legal form Private limited company
Status Active, normale toestand
Founded 16-10-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-10-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, Geraardsbergsestraat 131,9400 Ninove”
deed of 18-10-2024 (in Dutch)

Registered office and establishments

Registered office Geraardsbergsestraat 131, 9400 Ninove, Belgium
Establishment unit Den Bareel, Geraardsbergsestraat 131, 9400 Ninove since 16-10-2024 · unit number 2.365.720.924

Activities

NACEBEL 2025
56111 Full-service restaurants main activity
46900 Non-specialised wholesale trade
56210 Event catering
62200 Computer consultancy and computer facilities management
70200 Business and other management consultancy
82990 Other business support services
Codes under NACEBEL 2008
56101 Full-service restaurants main activity
46900 Non-specialised wholesale trade
56210 Catering
62020 IT consultancy
70220 Business consulting
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Eetgelegenheden met volledige bediening; Catering; Ontwerpen en programmeren van computerprogramma’s,computerconsultancy en aanverwante…”
10 activities
  1. Eetgelegenheden met volledige bediening
  2. Catering
  3. Ontwerpen en programmeren van computerprogramma’s,computerconsultancy en aanverwante activiteiten
  4. Dienstverlenende activiteiten op het gebied van informatica
  5. Overige zakelijke dienstverlening
  6. Alle mogelijke advies- en/of dienstenfuncties op het commercieel vlak,reclame,marketing,verkoop,media
  7. Het geven van trainingen en seminaries,coaching,consultancy,advies en dienstverlening,aan bedrijven,overheidsinstellingen,particulieren en aan elke andere instelling zowel in binnen- als buitenland
  8. Reparatie en installatie van machines en apparaten
  9. Groot- en kleinhandel in tweedehandsgoederen
  10. Handelsbemiddeling
deed of 18-10-2024 (in Dutch)

Invoicing and payment

VAT number BE 1015.165.079
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1015165079
Registered 07-11-2024

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 17:00
deed of 18-10-2024 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ninoveunit number 2.365.720.924
1 permission
Authorisation · Frituur · since 13-11-2024

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
333 m²
Building footprint
178 m²
Building volume
906 m³
Cadastral parcel Region Area Buildings Height / floors
41362B1844/00S000 Flanders 333 m² 1 · 178 m² 12.5 m · 1