Active BE 0767.810.131Private limited company

SYNO RF

Pegasuslaan 5 ·1831 Machelen (Brab.), Belgium· 5 yrs active

Sector: Road freight transport (49410)

Conclusion Checked

The computed 12-month bankruptcy probability of SYNO RF is 4.6% (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 89% of 2254 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€2k
Net result	€-443
Better than sector	89%
Active	5 yrs

Snowflake analysis 5 axes · computed by Checked

56 / 100

Mixed profile: strong on solvency, weaker on profitability.

Health 52

Profitability 0

Solvency 100

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

4.6% Elevated

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

52 / 100 Fair

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 18-11-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining At this pace, equity would indicatively turn negative around fiscal year 2027, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	71.8%	27.4%	better than 89% of 2254 sector peers
Net result	€-443	€6k	better than 30% of 2238 sector peers
Equity	€2k	€17k	better than 23% of 2260 sector peers
Gross operating margin	€815	€28k	better than 15% of 2226 sector peers
Total assets	€3k	€66k	better than 5% of 2255 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€775

-81.2% -98% vs sector

Net profit

€-443

- far below sector median

Cash flow

€-93

- far below sector median

Total assets

€3k

-42.5% -99% vs sector

Equity

€2k

-17.4% -99% vs sector

Working capital

€2k

-4.3% -99% vs sector

Income taxes

€209

- -52% vs sector

Debt

€828

-67.5% -98% vs sector

Debt ≤ 1y

€828

-67.5% -98% vs sector

Current ratio

3.54

+90.1% -9% vs sector

Quick ratio

3.54

+90.1% -9% vs sector

Solvency

71.8%

+43.5% -7% vs sector

Debt / equity

0.39

-60.6% +31% vs sector

ROE

-21.1%

- far below sector median

ROA

-15.1%

- far below sector median

Interest coverage

0.89

-76.7% -91% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€775
Net profit	€-443
Cash flow	€-93
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€3k
Equity	€2k
Debt	€828
of which ≤ 1y	€828
of which > 1y	-
Working capital	€2k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	3.54
Quick ratio	3.54
Working capital ratio	71.8%
Solvency	71.8%
Debt / equity	0.39
Long-term debt ratio	-
Interest coverage	0.89
Gross margin	-
Net margin	-
ROA	-15.1%
ROE	-21.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €2k · 71.8% Debt €828 · 28.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€3k
Current assets	29/58	€3k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€3k
Equity	10/15	€2k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€-3k
Amounts payable	17/49	€828
Amounts payable within one year	42/48	€828
Income statement
Gross operating margin	9900	€815
Operating result	9901	€426
Financial charges	65	€869
Result before taxes	9903	€-443
Net result for the period	9904	€-443
Result to be appropriated	9905	€-443

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Road freight transport(49410)
Legal form	Private limited company(610)
Incorporation	04-05-2021
Status	Active
Postal code	1831

Establishment units 1 location

SYNO RF

Excelsiorlaan 31, 1930 ZaventemAlgemene elektrotechnische installatiewerken

since 20212.317.280.213

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.

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.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

18-11-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

14-03-2025

State Gazette act Capital & shares

2024

30-09-2024

State Gazette act Director changes

12-09-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

28-10-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

30-09-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Belgisch Staatsblad, acts 2 acts

Capital history · 1

14-03-2025

Capital change

All acts · 2 updated 1 year ago

2025

14-03-2025 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BORISOV Neven",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "MEHMED Nazmie",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BORISOV Neven",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "MEHMED Nazmie",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-03-14",
    "filing_date": "2025-03-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2025-03-30",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-12-04"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0767.810.131",
    "name_full": "SYNO RF",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "MEHMED Nazmie",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "BORISOV Neven",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

2024

30-09-2024 1 director appointed, 2 resigning Director changes

Neven BORISOV, Bestuurder
Merin ISMAIL, Bestuurder
Metin SHEFKET, Bestuurder

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Merin ISMAIL",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "end_of_term",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-09-16",
      "evidence_quote": "De algemene vergadering gaat akkoord met ontsiag van Merin ISMAIL en Metin SHEFKET als bestuurders, uitgang op 16/09/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Metin SHEFKET",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "end_of_term",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-09-16",
      "evidence_quote": "De algemene vergadering gaat akkoord met ontsiag van Merin ISMAIL en Metin SHEFKET als bestuurders, uitgang op 16/09/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Neven BORISOV",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-09-16",
      "evidence_quote": "De algemene vergadering gaat akkoord met benoeming van Neven BORISOV als bestuurder, vanaf 16/09/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Merin ISMAIL",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De vergadering verleent kwijting aan de vertrekkende bestuurders voor hun mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Metin SHEFKET",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De vergadering verleent kwijting aan de vertrekkende bestuurders voor hun mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-09-30",
    "filing_date": "2024-09-20",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-09-16",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0767.810.131",
    "name_full": "SYNO RF",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Neven BORISOV",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Company registry (CBE) Crossroads Bank

Activities

Goederenvervoer over de weg49410Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Schrijnwerk43320Schrijnwerk43320Dakwerkzaamheden43410Dakwerkzaamheden43910Wassen en poetsen van motorvoertuigen45206Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment47521Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)47521Wassen en poetsen van motorvoertuigen95316

Primary activity highlighted.

Names & trade names

Legal nameNL

SYNO RF

Registered office

Pegasuslaan 5

1831 Machelen (Brab.), Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

Similar companies Same NACE

SOCIETE FRANCAISE DE TRANSPORTS GONDRAND FRERES BE 0403.361.830 · Paris

TC EXPRESS BE 0403.622.542 · Edegem

DRV-INTERTRANS BE 0417.698.628 · Beernem

TRANSPORT DE SMEDT RENE BE 0413.559.005 · Meise

ETABLISSEMENTS G. MANSSENS BE 0419.317.934 · Nivelles