Equity
-€48,382
Debts exceed assets in financial year 2025.
SYNOPTIC
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €129,811 (2007)
€3,018▼ 23.2%
lowest -€72,071 (2025)
-€72,071▼ €7,598
peak €250,610 (2007)
-€48,382▼ €72,071
€1.5m▼ 0.6%
Board3 names since 2018
2 directorsBOURLARD Xavier and 1 other
Documentsfilings and deeds
13-08-202613 days late
2025abbreviated format
Gross margin from €3,931 to €3,018Loss of €72,071Equity from €23,689 to -€48,382Cash from €53,148 to €5,975
Key points
from the 2025 annual accountsLosses
-€298,992 in 18 years
Every financial year from 2008 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €8,100 estimated
The accounts state no turnover.
Debts
€1.5m 103% of the balance sheet
Financial debts 36%Suppliers 1%Other 63%
Of this, €880,957 falls due within a year.
Filings
35 annual accounts since 1991
Seven of the last ten came late. The 2021 accounts came latest: 73 days after the end of the period.
Position in the sector
-€48,382
Less equity than 87% of companies in real estate. Sector median €300,201 · 11,304 companies.
Checked score
53
Fair
Financially stronger than 12% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.9 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%▼ -0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€48,382
Liquidity: current ratio 0.01, cash €5,975, halved
lowers risk
Size: total assets €1.5m
Figures for financial year 2025 (filed on 13-08-2026)
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 68, micro). It does better than 17% of them on solvency, 16% on liquidity, 15% on profitability and 2% 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 31-12-2025.
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, 1,242 companies had the same profile as SYNOPTIC has now. Each dot stands for 4 companies, two years later.
92.8%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SYNOPTIC itself is lower: 0.3% within 12 months. It rests on far more data about SYNOPTIC than the profile alone.
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 1,242 companies, not a prediction for SYNOPTIC. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.06 in 2024), below 1. Short-term debt is 59.9% and cash 0.4% of total assets. Equity is negative.
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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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€48,382
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 days late
2024
17 days late
2023
27 days early
2022
6 days early
2021
73 days late
2020
31 days late
2019
57 days late
← 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 23 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 13 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441788973
Reappointments: BOURLARD Xavier (director) and KRZYWICKA Agnieszka (director)
“L'achat, l'administration, la vente de toutes valeurs mobilières et immobilières, de tous droits sociaux et…” (deed in French) · General meeting of 30-09-2024 · Gazette deed
Resignation: Jean-Christophe HENIN (managing director)
Board meeting of 20-09-2018 · Gazette deed
First establishment
Rue A. Braas 51, Faimes
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SYNOPTIC Faimes | €1.5m | €3,018 | -3.3% | - |
| JOSEPH BONNI Lontzen | €1.6m | €3,912 | 32.3% | - |
| STEAL Ghent | €1.6m | €4,281 | 64.9% | - |
| SOFORA Wemmel | €1.9m | €2,342 | 99.8% | - |
| IMMOBA Aalter | €1.9m | €2,499 | 74.6% | - |
| HERDER Waasmunster | €1.8m | €2,089 | 68.2% | 0 |
| Grotenberge Zottegem | €1.5m | €1,919 | 97.7% | - |
These companies have the same main activity as SYNOPTIC: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 1982 and 1996.
Official details
Source: KBO- Status
- Active since 04-10-1990Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 3 others
- Establishment unit
- 2.049.979.3904317 Faimes, since 30-10-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on SYNOPTIC
SYNOPTIC files the abbreviated format. That format states no turnover. The gross margin fell from €20,114 in 2006 to €3,018 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.
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 SYNOPTIC
- What is the company number of SYNOPTIC?
- The company number of SYNOPTIC is 0441.788.973. The VAT number is the same number with BE in front: BE 0441.788.973.
- Where is SYNOPTIC based?
- The registered office is at Rue A. Braas 51, 4317 Faimes.Company details
- What does SYNOPTIC do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of SYNOPTIC?
- SYNOPTIC is a public limited company (NV).
- When was SYNOPTIC founded?
- SYNOPTIC was founded on 04-10-1990.
- Is SYNOPTIC still active?
- Yes, SYNOPTIC is an active enterprise in the KBO register.
- What is the turnover of SYNOPTIC?
- The turnover in financial year 2025 is ≈ €8,100. This figure is estimated from the gross margin of €3,018 and 34 comparable companies (NACE 68201). It probably lies between €5,400 and €13,000. It is a rough estimate.Financials
- Is SYNOPTIC profitable?
- In financial year 2025, SYNOPTIC made a loss of €72,071.
- Where can I find the annual accounts of SYNOPTIC?
- SYNOPTIC filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SYNOPTIC due?
- SYNOPTIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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