SYNO RF
ActiveThe computed 12-month bankruptcy probability of SYNO RF is 4.7% (elevated). The 2024 annual accounts show equity of €2k and a net result of €-443. Equity is shrinking by ~36.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 81% of 6714 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+8
Growth32▼-26
Stability94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
43 d late
2022
89 d late
2021
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k▼ 17.4%
2023 · €3k
2021: €6k
2022: €-98
2023: €3k
2021 → 2024
Total assets
€3k▼ 42.5%
2023 · €5k
2021: €12k
2022: €4k
2023: €5k
2021 → 2024
Net result
€-443
2023 · €3k
2021: €838
2022: €-6k
2023: €3k
2021 → 2024
Working capital
€2k▼ 4.3%
2023 · €2k
2021: €5k
2022: €-847
2023: €2k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€6k-€-98€3k€2k▼ 17.4%
Operating result€1k-€-5k€4k€426▼ 88.6%
Net result€838-€-6k€3k€-443
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 89% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €3k
Equity
€2k▼ 17.4%
Debt
€828▼ 67.5%
The debt ratio falls from 50.0% to 28.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€775▼
2023 · €4k
Cash flow
€-93▼
2023 · €3k
Interest coverage
0.89▼
2023 · 3.82
Debt
€828▼
2023 · €3k
Debt ≤ 1 year
€828▼
2023 · €3k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5k€3k▼
Fixed assets21/28€350-
Tangible fixed assets22/27€350-
Plant, machinery and equipment23€350-
Current assets29/58€5k€3k▼
Amounts receivable within one year40/41€3k-
Trade receivables40€2k-
Other amounts receivable41€1k-
Cash at bank and in hand54/58€59€2k▲
Deferred charges and accrued income490/1€1k€478▼
Equity and liabilities
Total equity and liabilities10/49€5k€3k▼
Equity10/15€3k€2k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-2k€-3k▼
Amounts payable17/49€3k€828▼
Amounts payable within one year42/48€3k€828▼
Trade debts44€2k-
Suppliers440/4€2k-
Other amounts payable47/48€761€828▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€399€350▼
Other operating charges640/8€179€40▼
Gross operating margin9900€4k€815▼
Operating profit (loss)9901€4k€426▼
Financial charges65/66B€1k€869▼
Recurring financial charges65€1k€869▼
Profit (loss) for the period before taxes9903€3k€-443▼
Profit (loss) for the period9904€3k€-443▼
Profit (loss) for the period to be appropriated9905€3k€-443▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-3k▼
Profit (loss) brought forward from the previous period14P€-5k€-2k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.86
Current ratio from 0.79 to 1.86; short-term debt falls from €4k to €3k.
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 89 days late
2022
31-12
Financial
Weakest financial yearnet €-6k ▼808%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pegasuslaan 51831 Machelen (Brab.)Ground area
6,440 m²
Building footprint
1,762 m²
Volume, LiDAR
26,115 m³
2 parcels, Flanders · tallest building 22.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SYNO RF
since 20212.317.280.213
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0091/00S003 | Flanders | 4,582 m² | 1 · 1,166 m² | 22.4 m · 6 fl. |
| 23094D0045/00P003 | Flanders | 1,858 m² | 1 · 596 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JJT
BE 0536.862.831
Zonhoven · Eq €2k
AA MULTISERVICES
BE 0697.586.386
Brussel · Eq €2k
KGC SOLUTIONS
BE 0885.651.570
Brussel · Eq €2k
WABLEDOU
BE 0686.744.756
Dilbeek · Eq €2k
2K-LINE
BE 0779.292.258
Dendermonde · Eq €2k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,087. 1,474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
43211General electrical installation work
43221Plumbing work
43320Joinery installation
43410Roofing work
95316Washing and cleaning of motor vehicles
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.