SYNITY
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 15 filings
Equity
€203,827▼ 2.6%
2024 · €209,277
Total assets
€207,653▼ 5.0%
2024 · €218,637
Net result
-€5,449
2024 · €44,786
Working capital
€90,895▼ 5.3%
2024 · €95,951
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€5,025
2025
20182025
Net result
-€5,449
2025
lowest quarter of the sector
20182025
Equity
€203,827
▼ 2.6%
2025
middle half of the sector
20182025
Total assets
€207,653
▼ 5.0%
2025
middle half of the sector
20182025
Debt
€3,825
▼ 59.1%
2025
20182025
Working capital
€90,895
▼ 5.3%
2025
middle half of the sector
20182025
Solvency
98.2%
▲ 2.4pp
2025
highest quarter of the sector
20182025
Current ratio
29.09
▲ 17.14
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-2.6%
▼ 23.1pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€72,661--€62,670▲ 13.8%-€32,944▲ 47.4%-€36,617▼ 11.1%-€71,137▼ 94.3%-€35,309▲ 50.4%€2,119-€5,025
Net result-€71,461--€19,150▲ 73.2%€16,400within the sector's middle half€37,906within the sector's middle half▲ 131%-€12,169below the sector's middle half€30,596within the sector's middle half€44,786within the sector's middle half▲ 46.4%-€5,449below the sector's middle half
Equity€163,809-€144,659▼ 11.7%€161,059within the sector's middle half▲ 11.3%€168,965within the sector's middle half▲ 4.9%€156,795within the sector's middle half▼ 7.2%€173,091within the sector's middle half▲ 10.4%€209,277within the sector's middle half▲ 20.9%€203,827within the sector's middle half▼ 2.6%
Total assets€208,763-€148,069▼ 29.1%€171,799below the sector's middle half▲ 16.0%€210,874below the sector's middle half▲ 22.7%€174,811below the sector's middle half▼ 17.1%€200,662below the sector's middle half▲ 14.8%€218,637below the sector's middle half▲ 9.0%€207,653within the sector's middle half▼ 5.0%
Debt€44,954-€3,410▼ 92.4%€10,740▲ 215%€41,910▲ 290%€18,016▼ 57.0%€27,570▲ 53.0%€9,360▼ 66.1%€3,825▼ 59.1%
Working capital€51,816-€32,938▼ 36.4%€48,982within the sector's middle half▲ 48.7%€55,672within the sector's middle half▲ 13.7%€44,632within the sector's middle half▼ 19.8%€60,525within the sector's middle half▲ 35.6%€95,951within the sector's middle half▲ 58.5%€90,895within the sector's middle half▼ 5.3%
Solvency78.5%-97.7%▲ 19.2pp93.7%above the sector's middle half▼ 3.9pp80.1%above the sector's middle half▼ 13.6pp89.7%above the sector's middle half▲ 9.6pp86.3%above the sector's middle half▼ 3.4pp95.7%above the sector's middle half▲ 9.5pp98.2%above the sector's middle half▲ 2.4pp
Current ratio2.17-12.61▲ 10.445.82above the sector's middle half▼ 6.792.35within the sector's middle half▼ 3.473.56within the sector's middle half▲ 1.213.24within the sector's middle half▼ 0.3211.95above the sector's middle half▲ 8.7129.09above the sector's middle half▲ 17.14
Return on assets (ROA)-34.2%--12.9%▲ 21.3pp9.5%within the sector's middle half▲ 22.5pp18.0%above the sector's middle half▲ 8.4pp-7.0%below the sector's middle half▼ 24.9pp15.2%above the sector's middle half▲ 22.2pp20.5%above the sector's middle half▲ 5.2pp-2.6%below the sector's middle half▼ 23.1pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €5,025, after a profit of €2,119 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,653
Fixed assets
€113,522 ▼ 0.4%
Current assets
€94,130 ▼ 10.1%
Equity and liabilities €207,653
Equity
€203,827 ▼ 2.6%
Debt
€3,825 ▼ 59.1%
Debt's share of the balance-sheet total falls from 4.3% to 1.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,909▼
2024 · €4,126
Cash flow
-€3,334▼
2024 · €46,793
Debt to equity
0.02▼
2024 · 0.04
ROE
-2.7%▼
2024 · 21.4%
Interest coverage
-1.28▼
2024 · 2.02
Debt ≤ 1 year
€3,236▼
2024 · €8,759
Income taxes
€385▲
2024 · €376
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,976 | €338 | €2,608 | €2,761 | €1,711 |
| Depreciation and write-downs of the year | €1,614 | €1,602 | €2,183 | €2,007 | €2,115 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,581 | €1,786 | €1,765 | €1,614 | €1,602 | €2,183 | €2,007 | €2,115 | ▲ 5.4% |
| Other operating charges640/8 | - | - | - | €1,303 | €1,335 | €1,387 | €1,810 | €1,686 | ▼ 6.9% |
| Gross operating margin9900 | -€68,652 | -€59,189 | -€29,993 | -€33,700 | -€68,200 | -€31,739 | €5,936 | -€1,223 | - |
| Operating profit (loss)9901 | -€72,661 | -€62,670 | -€32,944 | -€36,617 | -€71,137 | -€35,309 | €2,119 | -€5,025 | - |
| Financial income75/76B | - | - | - | €75,041 | €59,800 | €66,692 | €45,090 | €2,231 | ▼ 95.1% |
| Recurring financial income75 | €1,511 | €50,016 | €49,959 | €75,041 | €59,800 | €66,692 | €45,090 | €2,231 | ▼ 95.1% |
| Financial charges65/66B | - | - | - | €265 | €429 | €424 | €2,047 | €2,271 | ▲ 11.0% |
| Recurring financial charges65 | €205 | €365 | €206 | €265 | €429 | €424 | €2,047 | €2,271 | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | -€71,355 | -€13,018 | €16,809 | €38,159 | -€11,765 | €30,959 | €45,162 | -€5,064 | - |
| Income taxes67/77 | €106 | €6,132 | €409 | €253 | €404 | €363 | €376 | €385 | ▲ 2.4% |
| Profit (loss) for the period9904 | -€71,461 | -€19,150 | €16,400 | €37,906 | -€12,169 | €30,596 | €44,786 | -€5,449 | - |
| Profit (loss) for the period to be appropriated9905 | -€71,461 | -€19,150 | €16,400 | €37,906 | -€12,169 | €30,596 | €44,786 | -€5,449 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €208,763 | €148,069 | €171,799 | €210,874 | €174,811 | €200,662 | €218,637 | €207,653 | ▼ 5.0% |
| Fixed assets21/28 | €112,583 | €112,293 | €112,649 | €114,011 | €112,748 | €113,172 | €113,926 | €113,522 | ▼ 0.4% |
| Tangible fixed assets22/27 | €2,583 | €2,293 | €2,649 | €4,011 | €2,748 | €3,172 | €3,926 | €3,522 | ▼ 10.3% |
| Furniture and vehicles24 | - | - | - | €4,011 | €2,748 | €3,172 | €3,926 | €3,522 | ▼ 10.3% |
| Financial fixed assets28 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Current assets29/58 | €96,181 | €35,776 | €59,150 | €96,863 | €62,064 | €87,489 | €104,710 | €94,130 | ▼ 10.1% |
| Amounts receivable within one year40/41 | €7,695 | €12,290 | €630 | €20,345 | €40,071 | €70,636 | €71,452 | €73,371 | ▲ 2.7% |
| Trade receivables40 | - | - | - | €276 | €3,990 | €16,530 | - | €33,332 | - |
| Other amounts receivable41 | - | - | - | €20,069 | €36,081 | €54,106 | €71,452 | €40,039 | ▼ 44.0% |
| Current investments50/53 | €461 | €461 | €461 | €461 | €461 | €461 | €461 | €461 | = |
| Cash at bank and in hand54/58 | €85,594 | €20,601 | €55,529 | €74,253 | €18,331 | €13,588 | €29,850 | €17,199 | ▼ 42.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,803 | €3,200 | €2,804 | €2,948 | €3,099 | ▲ 5.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €208,763 | €148,069 | €171,799 | €210,874 | €174,811 | €200,662 | €218,637 | €207,653 | ▼ 5.0% |
| Equity10/15 | €163,809 | €144,659 | €161,059 | €168,965 | €156,795 | €173,091 | €209,277 | €203,827 | ▼ 2.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €10,000 | €10,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €143,349 | €124,199 | €140,599 | €148,505 | €136,335 | €152,631 | €197,417 | €191,967 | ▼ 2.8% |
| Amounts payable17/49 | €44,954 | €3,410 | €10,740 | €41,910 | €18,016 | €27,570 | €9,360 | €3,825 | ▼ 59.1% |
| Amounts payable within one year42/48 | €44,365 | €2,838 | €10,167 | €41,191 | €17,431 | €26,964 | €8,759 | €3,236 | ▼ 63.1% |
| Trade debts44 | €2,858 | €1,690 | €899 | - | €1,289 | €10,162 | €7,739 | €1,599 | ▼ 79.3% |
| Suppliers440/4 | - | - | - | - | €1,289 | €10,162 | €7,739 | €1,599 | ▼ 79.3% |
| Taxes, remuneration and social security45 | - | - | - | €1,812 | €1,416 | €1,059 | €1,020 | €1,636 | ▲ 60.5% |
| Taxes450/3 | - | - | - | €1,812 | €1,416 | €1,059 | €1,020 | €1,636 | ▲ 60.5% |
| Other amounts payable47/48 | - | - | - | €39,379 | €14,727 | €15,744 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €718 | €585 | €607 | €601 | €589 | ▼ 1.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€71,461 | -€19,150 | €16,400 | €37,906 | -€12,169 | €30,596 | €44,786 | -€5,449 | - |
| + Depreciation and write-downs630 | €2,581 | €1,786 | €1,765 | €1,614 | €1,602 | €2,183 | €2,007 | €2,115 | ▲ 5.4% |
| Operating cash flow (approximation) | -€68,880 | -€17,364 | €18,165 | €39,520 | -€10,567 | €32,779 | €46,793 | -€3,334 | - |
| Investment in fixed assets (approximation) | - | -€1,497 | -€2,122 | -€2,976 | -€338 | -€2,608 | -€2,761 | -€1,711 | ▲ 38.0% |
| Change in cash | - | -€64,993 | €34,928 | €18,724 | -€55,922 | -€4,743 | €16,262 | -€12,651 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00324789 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00383697 | |
| 31-12-2023 | abbreviated format | 27-08-2024 | 2024-00385562 | |
| 31-12-2022 | abbreviated format | 01-09-2023 | 2023-00441291 | |
| 31-12-2021 | abbreviated format | 11-10-2022 | 2022-20464310 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-42900439 | |
| 31-12-2019 | abbreviated format | 04-08-2020 | 2020-39100261 | |
| 31-12-2018 | abbreviated format | 22-07-2019 | 2019-36100528 | |
| 31-12-2017 | abbreviated format | 06-07-2018 | 2018-29700334 | |
| 31-12-2016 | micro format | 29-06-2017 | 2017-27900178 |