SYNFAC
ActiveSummary
SYNFAC has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,411 and a net result of €1,091, of which €32,345 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 24% of 1,683 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-02-2016 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200
- Establishment units
- 2.250.594.097 1932 Zaventem, since 24-02-2016
- 2.331.227.724 1210 Sint-Joost-ten-Node, since 01-10-2020
- Financial year end
- 30 September
- Peppol
- Reachable since 18-12-2025
Board and ownership
- GUNEL MichaelDirector · since 22-03-2021
- AGE MANAGEMENT20%· score 832025 annual accounts of AGE MANAGEMENT
- BE MG10%· score 852025 annual accounts of BE MG
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €693,042
- ▼ 3.8%
- Turnover
- ≈ €1.8m
- estimated
- Profit
- €1,091
- Equity
- €119,411
- ▲ 0.9%
- Total assets
- €1.3m
- ▼ 13.2%
- Employees on 30-09-2025
- 6
- ▼ 40.0%
Score breakdownraises riskSize: 7.7 FTE, total assets €1.3mEquity €119,411 (9.4% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Legal form: public limited companyShow the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 16% of them on solvency, 14% on liquidity, 20% on profitability and 44% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 23-12-2025 PDF all 9 filings
Every figure per financial year
The operating result for 2025 is a profit of €65,681, after a loss of €74,191 in 2024.
- 2023 Staff (FTE) +81% on 2022. The accounts now follow the full format, last year the abbreviated format.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 17 | 16 | 10 | 6 |
| full-time | 17 | 16 | 10 | 5 |
| part-time | - | - | - | 1 |
| in full-time equivalents | 17 | 16 | 10 | 5.6 |
| Average over the year, in full-time equivalents | 9.5 | 17.2 | 11.3 | 7.7 |
| On a permanent contract | 17 | 16 | 9 | 6 |
| Joined | 7 | 1 | 3 | 1 |
| Left | 5 | 2 | 9 | 5 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €429,779 | €74,780 | €10,874 | €1,078 |
| Financial fixed assets | €3,000 | €270,000 | - | €12,500 |
| Depreciation and write-downs of the year | €115,341 | €142,595 | €142,559 | €121,918 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,559 | €36,662 | €36,660 | €32,345 | ▼ 11.8% |
| Remuneration, social security and pensions62 | - | - | - | €449,568 | €696,411 | €639,286 | €500,737 | ▼ 21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,851 | €44,838 | €80,570 | €115,341 | €142,595 | €142,559 | €121,918 | ▼ 14.5% |
| Other operating charges640/8 | - | - | - | €9,942 | €14,475 | €12,900 | €4,706 | ▼ 63.5% |
| Gross operating margin9900 | €106,200 | €229,648 | €524,729 | €623,292 | €864,065 | €720,554 | €693,042 | ▼ 3.8% |
| Operating profit (loss)9901 | €60,253 | €137,144 | €160,696 | €48,441 | €10,584 | -€74,191 | €65,681 | - |
| Financial income75/76B | - | - | - | €108 | €39 | €3 | €10 | ▲ 233% |
| Recurring financial income75 | - | €19 | €699 | €108 | €39 | €3 | €10 | ▲ 233% |
| Financial charges65/66B | - | - | - | €19,363 | €37,149 | €55,572 | €56,820 | ▲ 2.2% |
| Recurring financial charges65 | €6,089 | €14,100 | €15,180 | €19,363 | €37,149 | €55,572 | €56,820 | ▲ 2.2% |
| Profit (loss) for the period before taxes9903 | -€845 | €120,563 | €146,215 | €29,186 | -€26,526 | -€129,760 | €8,871 | - |
| Income taxes67/77 | €2,226 | €39,972 | €47,955 | €20,898 | €15,762 | €3,820 | €7,780 | ▲ 104% |
| Profit (loss) for the period9904 | -€3,071 | €80,591 | €98,260 | €8,288 | -€42,288 | -€133,580 | €1,091 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,071 | €80,591 | €98,260 | €8,288 | -€42,288 | -€133,580 | €1,091 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.6m | €1.1m | €1.1m | €1.5m | €1.8m | €1.5m | €1.3m | ▼ 13.2% |
| Formation expenses20 | €228 | €65 | - | - | - | - | - | - |
| Fixed assets21/28 | €0.5m | €0.7m | €0.7m | €1.0m | €1.2m | €1.0m | €0.9m | ▼ 13.0% |
| Tangible fixed assets22/27 | €0.5m | €0.7m | €0.7m | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 14.9% |
| Land and buildings22 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 8.3% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.05m | €0.04m | €0.03m | ▼ 35.2% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.01m | €0.008m | ▼ 24.9% |
| Leasing and similar rights25 | - | - | - | €0.2m | €0.2m | €0.09m | €0.04m | ▼ 53.1% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.03m | €0.3m | €0.2m | €0.2m | ▼ 4.4% |
| Current assets29/58 | €0.09m | €0.4m | €0.3m | €0.5m | €0.6m | €0.5m | €0.4m | ▼ 13.5% |
| Amounts receivable within one year40/41 | €0.07m | €0.2m | €0.2m | €0.5m | €0.4m | €0.5m | €0.3m | ▼ 41.9% |
| Trade receivables40 | - | - | - | €0.4m | €0.3m | €0.3m | €0.1m | ▼ 61.0% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.1m | €0.1m | €0.1m | ▲ 2.7% |
| Cash at bank and in hand54/58 | €0.02m | €0.2m | €0.1m | €0.03m | €0.1m | €0.001m | €0.1m | ▲ 94× |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.002m | €355 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.6m | €1.1m | €1.1m | €1.5m | €1.8m | €1.5m | €1.3m | ▼ 13.2% |
| Equity10/15 | €0.03m | €0.1m | €0.3m | €0.3m | €0.3m | €0.1m | €0.1m | ▲ 0.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Contributions outside capital11 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other1109/19 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.002m | €0.002m | - | - | - | - | - | - |
| Profit (loss) carried forward14 | €0.005m | €0.09m | €0.2m | €0.2m | €0.2m | €0.02m | €0.02m | ▲ 6.6% |
| Amounts payable17/49 | €0.6m | €1.0m | €0.8m | €1.2m | €1.6m | €1.3m | €1.1m | ▼ 14.4% |
| Amounts payable after more than one year17 | €0.4m | €0.6m | €0.5m | €0.8m | €0.7m | €0.5m | €0.4m | ▼ 18.2% |
| Financial debts170/4 | - | - | - | €0.8m | €0.7m | €0.5m | €0.4m | ▼ 18.2% |
| Amounts payable within one year42/48 | €0.1m | €0.3m | €0.3m | €0.5m | €0.9m | €0.8m | €0.7m | ▼ 11.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 46.8% |
| Financial debts43 | - | - | - | - | €0.2m | €0.1m | €0.1m | = |
| Credit institutions430/8 | - | - | - | - | €0.2m | €0.1m | - | - |
| Other loans439 | - | - | - | - | - | - | €0.1m | - |
| Trade debts44 | €0.01m | €0.04m | €0.07m | €0.2m | €0.2m | €0.2m | €0.06m | ▼ 71.3% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.06m | ▼ 71.3% |
| Bills of exchange payable441 | - | - | - | - | €0.006m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.3m | €0.1m | €0.08m | ▼ 41.0% |
| Taxes450/3 | - | - | - | €0.06m | €0.1m | €0.03m | €0.01m | ▼ 52.8% |
| Remuneration and social security454/9 | - | - | - | €0.09m | €0.2m | €0.1m | €0.07m | ▼ 37.8% |
| Other amounts payable47/48 | - | - | - | €0.008m | €0.02m | €0.03m | €0.3m | ▲ 898% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,071 | €80,591 | €98,260 | €8,288 | -€42,288 | -€133,580 | €1,091 | - |
| + Depreciation and write-downs630 | €33,851 | €44,838 | €80,570 | €115,341 | €142,595 | €142,559 | €121,918 | ▼ 14.5% |
| Operating cash flow (approximation) | €30,780 | €125,429 | €178,830 | €123,629 | €100,307 | €8,979 | €123,009 | ▲ 14× |
| Investment in fixed assets (approximation) | - | -€208,718 | -€113,143 | -€431,341 | -€344,780 | €114,126 | €6,422 | ▼ 94.4% |
| Change in cash | - | €163,992 | -€89,289 | -€71,711 | €114,514 | -€139,152 | €133,999 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,375 companies had the same profile as SYNFAC has now. Two years later, 95.9% were still going and 2.2% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SYNFAC itself: 0.5% 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.
| 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 1,375 companies, not a prediction for SYNFAC. 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 (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | full format | 23-12-2025 | 2025-00589353 | |
| 30-09-2024 | full format | 17-02-2025 | 2025-00037291 | |
| 30-09-2023 | full format | 22-04-2024 | 2024-00070847 | |
| 30-09-2022 | abbreviated format | 31-03-2023 | 2023-00052135 | |
| 30-09-2021 | full format | 31-03-2022 | 2022-09800288 | |
| 30-09-2020 | full format | 26-02-2021 | 2021-06400203 | |
| 30-09-2019 | full format | 04-05-2020 | 2020-11200181 | |
| 30-09-2018 | full format | 04-04-2019 | 2019-09100372 | |
| 30-09-2017 | full format | 29-03-2018 | 2018-08300313 |
Board & ownership
Directors
Owners and capital
Shareholders
2 ownersOwners 2
- Equity €15,457 Profit of €12,957 in 2025 Checked score 8320%
- Sourceaccounts BE MG 2025Equity €44,648 Profit of €8,569 in 2025 (profit of €15,238 in 2024) Checked score 8510%
Capital transactions
- GUNEL Michael 40 shares
- KALYON Sami 40 shares
- GUNEL Alexandre 20 shares
- GUNEL Michael to GUNEL Alexandre 10 shares
- KALYON Sami to GUNEL Alexandre 10 shares
- G.S.I.Immobilière
- KALYON Sami 50 shares
- GUNEL Michael 50 shares
- G.S.I.Immobilière to KALYON Sami 50 shares
Network & group
Companies at the same address
5 other companiesConnections & network
1 current directorThe network starts from the directors of SYNFAC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-07
Gazette deed
Capital & sharesShare transfer · Shareholding6 points ▸
- General meeting, 15-07-2023
- Share transfer, GUNEL Michael → GUNEL Alexandre
- Share transfer, KALYON Sami → GUNEL Alexandre
- GUNEL Michael holds 40 shares
- KALYON Sami holds 40 shares
- GUNEL Alexandre holds 20 shares
12-07
Gazette deed
Registered office moved to Sint-Joos-ten-NodeNew seat: 1210 Sint-Joos-ten-Node, Leuvensesteenweg 682 points ▸
- General meeting, 01-07-2023
- Registered-office move, 1210 Sint-Joos-ten-Node,Leuvensesteenweg 68
21-02
Gazette deed
Registered office moved from Brussel to Sint-Stevens-WoluweNew seat: 1932 Sint-Stevens-Woluwe, Leuvensesteenweg 236 · Previous seat: Leuvensesteenweg, 68- 1210 Brussel2 points ▸
- General meeting, 02-01-2023
- Registered-office move, 1932 Sint-Stevens-Woluwe, Leuvensesteenweg 236
22-07
Gazette deed
Transfer of 50 sharesShareholding6 points ▸
- General meeting, 05-07-2022
- Share transfer, G.S.I.Immobilière → KALYON Sami
- G.S.I.Immobilière is a shareholder
- KALYON Sami is a shareholder
- GUNEL Michael holds 50 shares
- KALYON Sami holds 50 shares
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23078A0030/00K003 | Flanders | 225 m² | 1 · 86 m² | 9.2 m · 2 |
| 21572B0294/00E000 | Brussels | 62 m² | - | - |