SYNFAC
SYNFAC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €1k. Equity is shrinking by ~19.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 26% of 1360 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €119k |
| Net result | €1k |
| Staff (FTE) | 7.7 |
| Better than sector | 26% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.4% | 38.6% | |
| Net result | €1k | €34k | |
| Equity | €119k | €371k | |
| Gross operating margin | €693k | €244k | |
| Staff costs | €501k | €790k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | abbreviated schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €188k | €68k | €153k | €164k | €241k |
| Net profit | €1k | €-134k | €-42k | €8k | €184k |
| Cash flow | €123k | €9k | €100k | €124k | €265k |
| Staff costs | €501k | €639k | €696k | €450k | - |
| Income taxes | €8k | €4k | €16k | €21k | €48k |
| Dividends | - | - | - | - | - |
| Total assets | €1.26M | €1.46M | €1.81M | €1.52M | €1.06M |
| Equity | €119k | €118k | €252k | €294k | €286k |
| Debt | €1.15M | €1.34M | €1.56M | €1.23M | €778k |
| of which ≤ 1y | €705k | €800k | €890k | €476k | €289k |
| of which > 1y | €441k | €539k | €672k | €752k | €488k |
| Working capital | €-295k | €-326k | €-316k | €8k | €52k |
| Employees (FTE) | 7.7 | 11.3 | 17.2 | 9.5 | 6.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.58 | 0.59 | 0.64 | 1.02 | 1.18 |
| Quick ratio | 0.58 | 0.59 | 0.64 | 1.02 | 1.18 |
| Working capital ratio | -23.3% | -22.4% | -17.4% | 0.5% | 4.9% |
| Solvency | 9.4% | 8.1% | 13.9% | 19.3% | 26.9% |
| Debt / equity | 9.59 | 11.31 | 6.20 | 4.17 | 1.71 |
| Long-term debt ratio | 3.69 | 4.56 | 2.67 | 2.56 | 1.71 |
| Interest coverage | 3.30 | 1.23 | 4.12 | 8.46 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.1% | -9.2% | -2.3% | 0.5% | 17.3% |
| ROE | 0.9% | -112.9% | -16.8% | 2.8% | 64.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.26M | €1.46M | €1.81M | €1.52M | €1.06M |
| Fixed assets | 21/28 | €855k | €984k | €1.24M | €1.04M | €722k |
| Tangible fixed assets | 22/27 | €693k | €813k | €945k | €1.01M | €700k |
| Financial fixed assets | 28 | €163k | €170k | €295k | €25k | €22k |
| Current assets | 29/58 | €409k | €473k | €573k | €484k | €341k |
| Amounts receivable within one year | 40/41 | €274k | €472k | €431k | €455k | €239k |
| Cash & bank | 54/58 | €135k | €1k | €141k | €26k | €98k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.26M | €1.46M | €1.81M | €1.52M | €1.06M |
| Equity | 10/15 | €119k | €118k | €252k | €294k | €286k |
| Contributions / capital | 10/11 | €102k | €102k | €102k | €102k | - |
| Accumulated profits (losses) | 14 | €18k | €16k | €150k | €192k | €184k |
| Amounts payable | 17/49 | €1.15M | €1.34M | €1.56M | €1.23M | €778k |
| Amounts payable after one year | 17 | €441k | €539k | €672k | €752k | €488k |
| Amounts payable within one year | 42/48 | €705k | €800k | €890k | €476k | €289k |
| Trade debts payable within one year | 44 | €63k | €220k | €183k | €201k | €70k |
| Income statement | ||||||
| Gross operating margin | 9900 | €693k | €721k | €864k | €623k | €525k |
| Operating result | 9901 | €66k | €-74k | €11k | €48k | €161k |
| Financial income | 75 | €10 | €3 | €39 | €108 | €699 |
| Financial charges | 65 | €57k | €56k | €37k | €19k | €15k |
| Result before taxes | 9903 | €9k | €-130k | €-27k | €29k | €146k |
| Income taxes | 67/77 | €8k | €4k | €16k | €21k | €48k |
| Net result for the period | 9904 | €1k | €-134k | €-42k | €8k | €98k |
| Result to be appropriated | 9905 | €1k | €-134k | €-42k | €8k | €98k |
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Public limited company(014) |
| Incorporation | 24-02-2016 |
| Status | Active |
| Postal code | 1210 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0030/00K003 | Flanders | 225 m² | 1 · 86 m² | 9.2 m · 2 fl. |
| 21572B0294/00E000 | Brussels | 62 m² | - | - |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-07-2023 Transaction in capital or shares
Technical details
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"act_date": "2023-07-15",
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}12-07-2023 Registered office moved from Sint-Stevens-Woluwe to Sint-Joos-ten-Node
- Leuvensesteenweg, 236- 1932 Sint-Stevens-Woluwe → 1210 Sint-Joos-ten-Node, Leuvensesteenweg 68
Technical details
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"region": "brussels_hoofdstedelijk_gewest",
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"country": "BE",
"postcode": "1210",
"box_number": null,
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"region": "vlaams_gewest",
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"country": "BE",
"postcode": "1932",
"box_number": null,
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"effective_date": "2023-07-01",
"evidence_quote": "De maatschappelijke zetel van de NV Synfac is naar 1210 Sint-Joos-ten-Node, Leuvensesteenweg 68 verplaats, vanaf 1 juli 2023.",
"region_changed": true,
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"act_meta": {
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"pub_date": "2023-07-12",
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"act_kind_objet": "Onderwerp akte:"
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}21-02-2023 Registered office moved to Brussel
- 1932 Sint-Stevens-Wolume, Leuvensesteenweg 236
Technical details
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"seat_type": "siege_social",
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"country": "BE",
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"locality_suffix": null
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"effective_date": "2023-01-02",
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"act_meta": {
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"co_filed_documents": [
"Annexes du Moniteur belge"
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}22-07-2022 Transaction in capital or shares
Technical details
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}| Legal nameFR | SYNFAC |