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SYNGUARD

Active
Public limited companyfounded 2022active for 4 yearsGenebroekstraat 97, 3581 Beringen, BelgiumKBO/BCE: BE 0786.224.788

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of SYNGUARD for financial year 2025 show a net loss of 59% of the equity at the start of that year. The 2025 annual accounts show equity of €344,862 and a net result of -€494,124. Equity has been shrinking by about 61% per year since 2022. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 20% of 3,387 sector peers (NACE 62, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 13-05-2022 Normal situation
Activity
Computer programming NACE 62100and 1 other
Establishment unit
2.331.673.330 3581 Beringen, since 13-05-2022
Financial year end
31 December
Peppol
Reachable since 14-10-2025

Board and ownership

Board
Shareholders
Holdings
Shares in 1 company Synguard UK

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€1.8m
▲ 32.0%
Turnover
≈ €3.2m
estimated
Loss
€494,124
Equity
€344,862
▼ 58.9%
Total assets
€4.0m
▲ 6.3%
Employees on 31-12-2025
24
▲ 26.3%
Filed on 01-06-2026, 60 days before the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 1.30, cash €156,482Loss of €494,124 (financial year 2025)Size: 20.6 FTE, total assets €4.0mlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of small companies in computer programming and consultancy (NACE 62)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 34-13
equity 8.6% of total assets
Liquidity 33-10
short-term debt 45.4% · cash 3.9%
Profitability 3-35
return on assets -12.3%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,167 companies, NACE 62, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.4 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026highest value 11-2026: 0.7%● unchanged vs 10-2026highest value
Credit of up to €18,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.3 (2.08 in 2024), below the usual 1.5. Short-term debt is 45.4% and cash 3.9% of total assets. 91.4% of the assets are financed with debt and provisions.
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, small). It does better than 16% of them on solvency, 29% on liquidity, 9% on profitability and 6% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Liquidity: current ratio 1.30, cash €156,482
NBB · annual accounts
raises risk · Loss of €494,124 (financial year 2025)
NBB · annual accounts
raises risk · Size: 20.6 FTE, total assets €4.0m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3387 sector peers (2025).
NBB · sector comparison
Position among 3387 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
60 days early
2024
44 days early
2023
58 days early
2022
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 54 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €15,857 in 2024 -€494,124 View
  • Caution: Lower net result than 95% of companies in computer programming and consultancysector median €23,243 · 3,387 companies -€494,124 View
  • Caution: Directors leftlatest change 13-05-2026 · 1 in office 3 left View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Flemish supportawarded from 2023 to 2025 €85,492 View

Comparable companies

These companies have the same main activity as SYNGUARD: computer programming (NACE 62100). They are comparable in size and age: total assets between €3.4m and €6.7m, founded between 2020 and 2022.

CompanyTotal assetsGross margin
SYNGUARD Beringen€4.0m€1.8m
CRAFT IT Brussel€4.2m€2.6m
VOXDALE Wijnegem€3.4m€2.1m
B.REKENCENTRA Ranst€5.3m€2.2m
SERTALINK Sint-Niklaas€5.8m€2.6m
Deduco International Kortrijk€3.5m€1.9m
GROUP K Houthalen-Helchteren€6.7m€3.3m
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SYNGUARD

What is the company number of SYNGUARD?
The company number of SYNGUARD is 0786.224.788. The VAT number is the same number with BE in front: BE 0786.224.788.
Where is SYNGUARD based?
The registered office is at Genebroekstraat 97, 3581 Beringen.Company details
What does SYNGUARD do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of SYNGUARD?
The legal form of SYNGUARD is Public limited company (NV).
When was SYNGUARD founded?
SYNGUARD was founded on 13-05-2022.
Is SYNGUARD still active?
Yes, SYNGUARD is an active enterprise in the KBO register.
How many employees does SYNGUARD have?
SYNGUARD had an average of 20.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SYNGUARD?
The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €1.8m and 33 comparable companies (NACE 62100). It probably lies between €2.5m and €3.9m.
Is SYNGUARD profitable?
In financial year 2025, SYNGUARD made a loss of €494,124.
Where can I find the annual accounts of SYNGUARD?
SYNGUARD filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of SYNGUARD due?
SYNGUARD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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