SYNDIX
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2021
2 d early
2020
12 d late
2019
25 d late
2018
58 d late
2017
57 d late
2016
30 d late
2015
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€53k▼ 28.9%
2020 · €74k
2018: €54k
2019: €77k▲ +42.8% vs 2018highest in 4 years
2020: €74k▼ -3.4% vs 2019
2021: €53k▼ -28.9% vs 2020lowest in 4 years
2018 → 2021
Total assets
€143k▼ 42.2%
2020 · €247k
2018: €229k
2019: €263k▲ +15.0% vs 2018highest in 4 years
2020: €247k▼ -6.0% vs 2019
2021: €143k▼ -42.2% vs 2020lowest in 4 years
2018 → 2021
Net result
€-21k▼ 723%
2020 · €-3k
2018: €9k
2019: €23k▲ +147% vs 2018highest in 4 years
2020: €-3k▼ -111% vs 2019
2021: €-21k▼ -723% vs 2020lowest in 4 years
2018 → 2021
Working capital
€50k
2020 · €-11k
2018: €13k
2019: €15k▲ +12.0% vs 2018
2020: €-11k▼ -179% vs 2019lowest in 4 years
2021: €50k▲ +538% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€54k-€77k▲ 42.8%€74k▼ 3.4%€53k▼ 28.9%
2018: €54k
2019: €77k▲ +42.8% vs 2018highest in 4 years
2020: €74k▼ -3.4% vs 2019
2021: €53k▼ -28.9% vs 2020lowest in 4 years
Operating result€12k-€38k▲ 209%€3k▼ 91.6%€55k▲ 1,623%
2018: €12k
2019: €38k▲ +209% vs 2018
2020: €3k▼ -91.6% vs 2019lowest in 4 years
2021: €55k▲ +1623% vs 2020highest in 4 years
Net result€9k-€23k▲ 147%€-3k€-21k▼ 723%
2018: €9k
2019: €23k▲ +147% vs 2018highest in 4 years
2020: €-3k▼ -111% vs 2019
2021: €-21k▼ -723% vs 2020lowest in 4 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 1,623% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €143k
Fixed assets
€35k ▼ 73.9%
Current assets
€108k ▼ 5.2%
Equity and liabilities €143k
Equity
€53k ▼ 28.9%
Debt
€90k ▼ 48.0%
Debt's share of the balance-sheet total falls from 69.9% to 62.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€69k▲
2020 · €21k
Cash flow
€-8k▼
2020 · €15k
Current ratio
1.86▲
2020 · 0.91
Debt to equity
1.70▲
2020 · 0.29
ROE
-40.6%▼
2020 · -3.5%
ROA
-15.0%▼
2020 · -1.1%
Interest coverage
37.20
Debt ≤ 1 year
€58k▼
2020 · €126k
Debt > 1 year
€5k▼
2020 · €22k
Income taxes
€10k▲
2020 · €1k
Staff costs
€90k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 50 lines
Balance sheet
Code20202021
Assets
Total assets20/58€247k€143k▼
Fixed assets21/28€133k€35k▼
Tangible fixed assets22/27€47k€35k▼
Land and buildings22-€5k
Plant, machinery and equipment23-€11k
Furniture and vehicles24-€19k
Financial fixed assets28€86k-
Current assets29/58€114k€108k▼
Amounts receivable within one year40/41€56k€30k▼
Trade receivables40-€373
Other amounts receivable41-€29k
Cash at bank and in hand54/58€58k€78k▲
Equity and liabilities
Total equity and liabilities10/49€247k€143k▼
Equity10/15€74k€53k▼
Contributions10/11-€19k
Reserves13€17k€17k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€15k
Profit (loss) carried forward14€39k€18k▼
Amounts payable17/49€173k€90k▼
Amounts payable after more than one year17€22k€5k▼
Financial debts170/4-€5k
Amounts payable within one year42/48€126k€58k▼
Current portion of amounts payable after more than one year42-€16k
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€52k€29k▼
Suppliers440/4-€29k
Taxes, remuneration and social security45-€9k
Remuneration and social security454/9-€9k
Accrued charges and deferred income492/3-€26k
Income statement
Code20202021
Remuneration, social security and pensions62-€90k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8-€482
Gross operating margin9900€159k€159k▼
Operating profit (loss)9901€3k€55k▲
Financial income75/76B-€1k
Recurring financial income75€61€1k▲
Non-recurring financial income76B-€1k
Financial charges65/66B-€68k
Recurring financial charges65€4k€2k▼
Non-recurring financial charges66B-€66k
Profit (loss) for the period before taxes9903€-1k€-11k▼
Income taxes67/77€1k€10k▲
Profit (loss) for the period9904€-3k€-21k▼
Profit (loss) for the period to be appropriated9905€-3k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€18k
Profit (loss) brought forward from the previous period14P-€39k
Social balance
Average headcount (FTE)9087-2.4
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €90k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €18k | €17k | €13k | ▼ 23.4% |
| Other operating charges640/8 | - | - | - | €482 | - |
| Gross operating margin9900 | €149k | €130k | €159k | €159k | ▼ 0.4% |
| Operating profit (loss)9901 | €12k | €38k | €3k | €55k | ▲ 1,623% |
| Financial income75/76B | - | - | - | €1k | - |
| Recurring financial income75 | €1 | €1 | €61 | €1k | ▲ 1,657% |
| Non-recurring financial income76B | - | - | - | €1k | - |
| Financial charges65/66B | - | - | - | €68k | - |
| Recurring financial charges65 | €3k | €3k | €4k | €2k | ▼ 52.2% |
| Non-recurring financial charges66B | - | - | - | €66k | - |
| Profit (loss) for the period before taxes9903 | €9k | €36k | €-1k | €-11k | ▼ 697% |
| Income taxes67/77 | €126 | €13k | €1k | €10k | ▲ 754% |
| Profit (loss) for the period9904 | €9k | €23k | €-3k | €-21k | ▼ 723% |
| Profit (loss) for the period to be appropriated9905 | €9k | €23k | €-3k | €-21k | ▼ 723% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €229k | €263k | €247k | €143k | ▼ 42.2% |
| Fixed assets21/28 | €167k | €149k | €133k | €35k | ▼ 73.9% |
| Tangible fixed assets22/27 | €81k | €63k | €47k | €35k | ▼ 26.4% |
| Land and buildings22 | - | - | - | €5k | - |
| Plant, machinery and equipment23 | - | - | - | €11k | - |
| Furniture and vehicles24 | - | - | - | €19k | - |
| Financial fixed assets28 | €86k | €86k | €86k | - | - |
| Current assets29/58 | €61k | €114k | €114k | €108k | ▼ 5.2% |
| Amounts receivable within one year40/41 | €38k | €59k | €56k | €30k | ▼ 46.8% |
| Trade receivables40 | - | - | - | €373 | - |
| Other amounts receivable41 | - | - | - | €29k | - |
| Cash at bank and in hand54/58 | €20k | €52k | €58k | €78k | ▲ 34.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €229k | €263k | €247k | €143k | ▼ 42.2% |
| Equity10/15 | €54k | €77k | €74k | €53k | ▼ 28.9% |
| Contributions10/11 | €19k | €19k | - | €19k | - |
| Reserves13 | €2k | €17k | €17k | €17k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - |
| Distributable reserves133 | - | - | - | €15k | - |
| Profit (loss) carried forward14 | €34k | €42k | €39k | €18k | ▼ 55.1% |
| Amounts payable17/49 | €175k | €186k | €173k | €90k | ▼ 48.0% |
| Amounts payable after more than one year17 | €103k | €42k | €22k | €5k | ▼ 74.9% |
| Financial debts170/4 | - | - | - | €5k | - |
| Amounts payable within one year42/48 | €49k | €99k | €126k | €58k | ▼ 53.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €16k | - |
| Financial debts43 | - | - | - | €3k | - |
| Credit institutions430/8 | - | - | - | €3k | - |
| Trade debts44 | €27k | €33k | €52k | €29k | ▼ 43.1% |
| Suppliers440/4 | - | - | - | €29k | - |
| Taxes, remuneration and social security45 | - | - | - | €9k | - |
| Remuneration and social security454/9 | - | - | - | €9k | - |
| Accrued charges and deferred income492/3 | - | - | - | €26k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €23k | €-3k | €-21k | ▼ 723% |
| + Depreciation and write-downs630 | €20k | €18k | €17k | €13k | ▼ 23.4% |
| Operating cash flow (approximation) | €29k | €41k | €15k | €-8k | ▼ 155% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €85k | ▲ 5,519% |
| Change in cash | - | €32k | €6k | €20k | ▲ 230% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
20-10
State Gazette act
General meeting · Merger
Capital increase · Purpose change
24-08
State Gazette act
Board meeting · Merger
Corporate purpose · Net-asset statement
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.86
Current ratio from 0.91 to 1.86; short-term debt falls from €126k to €58k.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Highest result since 2018net €23k ▲147%
Net result €23k, the highest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:VM VASTGOEDBEHEER