SYNERGLASS SOFT

Active

Public limited companyfounded 199035 yrs activeRue des Spinettes 7, 4140 Sprimont, BelgiumKBO/BCE: BE 0442.553.491

Summary

SYNERGLASS SOFT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of -€86,610. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 56% of 1669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch Report Compare

SYNERGLASS SOFTActiveChecked score 79/100

Risk analysis Report Compare

Activity

Computer programming

NACE 62100Wholesale of information and communication equipment NACE 46500NACE 46510

#1 company by total assets in Sprimont, Telecoms and IT sector1 site

Size

€3.2mturnover 2025

Staff: 28.7 FTE
Equity: €2.3m
Loss: -€86,610

Financial health

79 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.6%

Structure

Parent: SPRIMO HOLDING · 100%

Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts filed 56 d late3 of 21 deeds read

Why 79- Liquidity: current ratio 1.10, cash €8,894- Latest accounts 56 days late; 2 of the last 3 late- Size: turnover €3.2m, 28.7 FTE, total assets €5.2m+ Founded in 1990Show the evidence

Checked score

Score 2025

79 / 100

Excellent

Probability in this band: under 0.55%

Better than 32% of its sector peers (NACE 62, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Average

Solvency 70

equity 45.1% of total assets

Liquidity 41

short-term debt 24.9% · cash 0.2%

Profitability 43

return on assets -1.7%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,158 companies)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▼ -3.6% vs 01-2025lowest value 03-2025: 0.2%▲ +22.5% vs 02-2025 04-2025: 0.2%▲ +2.0% vs 03-2025 05-2025: 0.2%▲ +5.0% vs 04-2025 06-2025: 0.2%▲ +3.3% vs 05-2025 07-2025: 0.3%▲ +27.2% vs 06-2025 08-2025: 0.5%▲ +68.5% vs 07-2025 09-2025: 0.6%▲ +32.9% vs 08-2025 10-2025: 1.0%▲ +55.7% vs 09-2025 11-2025: 0.8%▼ -18.1% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.8%▼ -1.5% vs 01-2026 03-2026: 0.8%▲ +0.3% vs 02-2026 04-2026: 0.8%▼ -2.3% vs 03-2026 05-2026: 0.8%● 0.0% vs 04-2026 06-2026: 0.8%▲ +2.1% vs 05-2026 07-2026: 0.8%▲ +4.1% vs 06-2026 08-2026: 1.2%▲ +45.7% vs 07-2026 09-2026: 1.4%▲ +20.8% vs 08-2026highest value 10-2026: 0.6%▼ -61.0% vs 09-2026

Liquidity: current ratio 1.10, cash €8,894 raises the probability
Latest accounts 56 days late; 2 of the last 3 late raises the probability
Founded in 1990 lowers the probability for this profile
Size: turnover €3.2m, 28.7 FTE, total assets €5.2m raises the probability for this profile

Credit up to €180,000 at 30 days acceptable

Liquidity tight (current ratio 1.1 against 1.05 in 2024; short-term debt: 24.9% and cash: 0.2% of total assets), and 54.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, small). Better than this share of them on solvency 56%, liquidity 41%, profitability 27%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 1.10, cash €8,894

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Latest accounts 56 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Founded in 1990

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Size: turnover €3.2m, 28.7 FTE, total assets €5.2m

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

56 d late

2024

77 d late

2023

49 d early

2022

25 d early

2021

17 d early

2020

53 d early

2019

26 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after 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 (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 July (4 of the last 5 filed years within 73 days of that day).

Companies Code · seven months

Position in the running window

05-10-2026 today31-12-2026 close31-07-2027 deadline

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

25-09-26 Annual accounts filedfiscal year 2025 · full…
21-09-26 Reappointment: EY Réviseurs d'entreprises SRL (commissaire…Power of attorney
08-09-26 Appointment: Jean-François Geys (daily management delegate)State Gazette act

Key points

Caution: From profit to loss in 2025after €1.4m in 2024 -€86,610 View
Positive: Company by total assets in Sprimont, Telecoms and…in the Checked rankings #1 View
Controlled by SPRIMO HOLDINGknown shareholders 100% 100% View
Board changedlatest change 08-09-2026 · 0 in office 1 joined · 1 left View