Synergy Tradeco
A bankruptcy procedure is open for Synergy Tradeco according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-4.24M) and a net result of €-16.44M.
| Equity | €-4.24M |
| Net result | €-16.44M |
| Better than sector | 12% |
| Active | 8 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -11.5% | 31.0% | |
| Net result | €-16.44M | €47k | |
| Equity | €-4.24M | €468k | |
| Staff costs | €34k | €494k | |
| Total assets | €36.89M | €1.82M |
Show 14 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €71.84M |
| EBITDA | €-15.57M |
| Net profit | €-16.44M |
| Cash flow | €-16.42M |
| Staff costs | €34k |
| Income taxes | - |
| Dividends | - |
| Total assets | €36.89M |
| Equity | €-4.24M |
| Debt | €41.13M |
| of which ≤ 1y | €41.10M |
| of which > 1y | €34k |
| Working capital | €-4.86M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.88 |
| Quick ratio | 0.83 |
| Working capital ratio | -13.2% |
| Solvency | -11.5% |
| Debt / equity | -9.70 |
| Long-term debt ratio | -0.01 |
| Interest coverage | -9.91 |
| Gross margin | -18.0% |
| Net margin | -22.9% |
| ROA | -44.6% |
| ROE | 387.5% |
| EBITDA margin | -21.7% |
| Days sales outstanding | 173d |
| Days payable outstanding | - |
| Inventory turnover | 42.95 |
| Days inventory (DSI) | 8d |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €36.89M |
| Fixed assets | 21/28 | €652k |
| Intangible fixed assets | 21 | €36k |
| Tangible fixed assets | 22/27 | €42k |
| Financial fixed assets | 28 | €574k |
| Current assets | 29/58 | €36.24M |
| Stocks & contracts in progress | 3 | €1.97M |
| Amounts receivable within one year | 40/41 | €34.27M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €36.89M |
| Equity | 10/15 | €-4.24M |
| Contributions / capital | 10/11 | €749k |
| Reserves | 13 | €3.02M |
| Accumulated profits (losses) | 14 | €-8.01M |
| Amounts payable | 17/49 | €41.13M |
| Amounts payable after one year | 17 | €34k |
| Amounts payable within one year | 42/48 | €41.10M |
| Income statement | ||
| Turnover | 70 | €71.84M |
| Operating result | 9901 | €-15.59M |
| Financial income | 75 | €1.23M |
| Financial charges | 65 | €2.07M |
| Result before taxes | 9903 | €-16.44M |
| Net result for the period | 9904 | €-16.44M |
| Result to be appropriated | 9905 | €-16.44M |
-
Ram Krishan PrajapatiDirectorState Gazette act 24151281 (22-10-2024)Current22-10-2024 → present
Former directors (1)
-
Deepak RathiDirectorState Gazette act 24151281 (22-10-2024)Former- → 01-08-2024
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130 E, 9100 SINT-
NIKLAAS |
10-09-2024 → present | Belgian State Gazette |
| NACE primary | Niet-gespecialiseerde groothandel(46900) |
| Legal form | Public limited company(014) |
| Incorporation | 28-11-2017 |
| Status | Active |
| Postal code | 2070 |
| First BS signal | 16-09-2024 |
| Latest BS signal | 16-09-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056A0360/00V002 | Flanders | 1,087 m² | 1 · 314 m² | 10.0 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-10-2024 1 director appointed, 1 resigning
- Ram Krishan Prajapati, Bestuurder
- Deepak Rathi, Bestuurder
Technical details
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}04-07-2024 Steven Vyvey appointed as statutory auditor
- Steven Vyvey, Commissaris
Technical details
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}| Legal nameNL | Synergy Tradeco |