Equity
€47,263 from €513,429 in 2011
Equity fell by 91% in 14 years.
SYNNECTA
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2004peak €249,252 (2008)
€72,674▲ 883%
lowest -€188,071 (2019)
-€30,658▲ €44,970
peak €513,429 (2011)
€47,263▼ 39.3%
€90,834▼ 16.6%
peak 2.2 FTE (2007)
1.7 FTEunchanged
Board3 names since 2021
3 directorsConsultancy Analysis Training and 2 others
Owners
Documentsfilings and deeds
26-02-202626 days late
2025abbreviated format
Gross margin from €7,392 to €72,674Loss of €30,658Equity from €77,920 to €47,263Debts from €108,865 to €90,834Cash from €69,564 to €31,671
Key points
from the 2025 annual accountsLosses
-€106,285 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Position in the sector
-€30,658
Lower net result than 90% of companies in head offices and management consultancy. Sector median €37,464 · 10,858 companies.
2025 accounts filed 26 days after the deadline
Checked score
82
Excellent
Financially stronger than 23% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: 0.1%▲ +0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.2 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 1.0%▲ +0.6 percentage points vs 01-2026highest value
03-2026: 0.3%▼ -0.7 percentage points vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €30,658, the second in a row (financial year 2025)
Last filed accounts filed 27 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.48, cash €31,671, halved
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, micro). It does better than 33% of them on solvency, 40% on liquidity, 4% on profitability and 15% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as SYNNECTA has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SYNNECTA itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for SYNNECTA. 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.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48 (1.66 in 2024), below the usual 1.5. Short-term debt is 52.8% and cash 22.9% of total assets. 65.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€30,658
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
26 days late
2024
391 days late
2023
on the day
2022
1 day early
2021
3 days early
2020
4 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 58 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
MJ
Müngersdorff Jörg
Director, since 13-02-2021
MR
Müngersdorff Rüdiger
Director, since 13-02-2021
- CONSULTANCY ANALYSIS TRAINING 48.94%score 92equity €188,767 (2025) · 31-03-2025 annual accounts of CONSULTANCY ANALYSIS TRAINING
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479639462
First establishment
Druivenlaan 12, Malle
Incorporation
published on 05-03-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SYNNECTA Malle | €138,097 | €72,674 | 34.2% | 1.7 |
| People vs People Antwerp | €134,719 | €71,393 | 30.4% | 1.1 |
| CONSILIO PARTNERS Antwerp | €163,683 | €63,361 | -17.4% | 1 |
| BCF SECURITE Verviers | €129,815 | €79,784 | 75.1% | 1 |
| IPXIP Uccle | €191,948 | €81,196 | 31.9% | 1.3 |
| CATAMINI Uccle | €135,949 | €96,570 | 32.6% | 2.4 |
| JEMAPPES BRICOLAGE Boussu | €200,712 | €75,012 | 92.0% | 1 |
These companies have the same main activity as SYNNECTA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €130,000 and €201,000, founded between 2000 and 2007.
Official details
Source: KBO- Status
- Active since 25-02-2003Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.126.571.0852390 Malle, since 01-04-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 08-09-2026
Annual accounts to 30-06-2025
- ≈ €140,000estimated
- €138,097▼ 26.1%
- Filing
- Filed on 26-02-2026
Insights on SYNNECTA
SYNNECTA files the abbreviated format. That format states no turnover. The gross margin fell from €248,665 in 2007 to €72,674 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SYNNECTA
- What is the company number of SYNNECTA?
- The company number of SYNNECTA is 0479.639.462. The VAT number is the same number with BE in front: BE 0479.639.462.
- Where is SYNNECTA based?
- The registered office is at Druivenlaan 10, 2390 Malle.Company details
- What does SYNNECTA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SYNNECTA?
- SYNNECTA is a public limited company (NV).
- When was SYNNECTA founded?
- SYNNECTA was founded on 25-02-2003.
- Is SYNNECTA still active?
- Yes, SYNNECTA is an active enterprise in the KBO register.
- How many employees does SYNNECTA have?
- SYNNECTA had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SYNNECTA?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €72,674 and 65 comparable companies (NACE 70200). It probably lies between €100,000 and €220,000.
- Is SYNNECTA profitable?
- In financial year 2025, SYNNECTA made a loss of €30,658.
- Where can I find the annual accounts of SYNNECTA?
- SYNNECTA filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SYNNECTA due?
- SYNNECTA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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