SYNOPTIC
ActiveSummary
SYNOPTIC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-48k) and a net result of €-72k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-1
Solvency22▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.06 in 2024; short-term debt: 59.9% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
-3.3%
Return on assets
-4.9%
Age of the figures
9 mo
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 €-48k
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
17 d late
2023
27 d early
2022
6 d early
2021
73 d late
2020
31 d late
2019
57 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-48k
2024 · €24k
2018: €128khighest in 8 years
2019: €121k▼ -5.9% vs 2018
2020: €113k▼ -6.5% vs 2019
2021: €103k▼ -8.9% vs 2020
2022: €97k▼ -5.3% vs 2021
2023: €88k▼ -9.5% vs 2022
2024: €24k▼ -73.1% vs 2023
2025: €-48k▼ -304% vs 2024lowest in 8 years
2018 → 2025
Total assets
€1.47M▼ 5.3%
2024 · €1.55M
2018: €182klowest in 8 years
2019: €367k▲ +102% vs 2018
2020: €434k▲ +18.2% vs 2019
2021: €423k▼ -2.5% vs 2020
2022: €470k▲ +11.0% vs 2021
2023: €470k▲ +0.2% vs 2022
2024: €1.55M▲ +230% vs 2023highest in 8 years
2025: €1.47M▼ -5.3% vs 2024
2018 → 2025
Net result
€-72k▼ 11.8%
2024 · €-64k
2018: €-7k
2019: €-8k▼ -4.1% vs 2018
2020: €-8k▼ -2.6% vs 2019
2021: €-10k▼ -29.4% vs 2020
2022: €-5k▲ +46.2% vs 2021highest in 8 years
2023: €-9k▼ -70.0% vs 2022
2024: €-64k▼ -599% vs 2023
2025: €-72k▼ -11.8% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-875k▼ 8.4%
2024 · €-807k
2018: €-21khighest in 8 years
2019: €-211k▼ -909% vs 2018
2020: €-315k▼ -49.1% vs 2019
2021: €-292k▲ +7.5% vs 2020
2022: €-304k▼ -4.2% vs 2021
2023: €-362k▼ -19.1% vs 2022
2024: €-807k▼ -123% vs 2023
2025: €-875k▼ -8.4% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€97k▼ 5.3%€88k▼ 9.5%€24k▼ 73.1%€-48k
2021: €103khighest in 5 years
2022: €97k▼ -5.3% vs 2021
2023: €88k▼ -9.5% vs 2022
2024: €24k▼ -73.1% vs 2023
2025: €-48k▼ -304% vs 2024lowest in 5 years
Operating result€-10k-€-5k▲ 53.3%€-6k▼ 32.9%€-53k▼ 752%€-47k▲ 12.1%
2021: €-10k
2022: €-5k▲ +53.3% vs 2021highest in 5 years
2023: €-6k▼ -32.9% vs 2022
2024: €-53k▼ -752% vs 2023lowest in 5 years
2025: €-47k▲ +12.1% vs 2024
Net result€-10k-€-5k▲ 46.2%€-9k▼ 70.0%€-64k▼ 599%€-72k▼ 11.8%
2021: €-10k
2022: €-5k▲ +46.2% vs 2021highest in 5 years
2023: €-9k▼ -70.0% vs 2022
2024: €-64k▼ -599% vs 2023
2025: €-72k▼ -11.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2025 against €53k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€1.46M ▼ 2.3%
Current assets
€6k ▼ 88.7%
Key figures and ratios
EBITDA
€-5k▲
2024 · €-9k
Cash flow
€-30k▼
2024 · €-21k
Solvency
-3.3%▼
2024 · 1.5%
Current ratio
0.01▼
2024 · 0.06
Quick ratio
0.01▼
2024 · 0.06
Debt to equity
-31.40▼
2024 · 64.53
ROA
-4.9%▼
2024 · -4.2%
Interest coverage
-0.20▲
2024 · -0.83
Debt
€1.52M▼
2024 · €1.53M
Debt ≤ 1 year
€881k▲
2024 · €860k
Debt > 1 year
€638k▼
2024 · €668k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.55M€1.47M▼
Fixed assets21/28€1.50M€1.46M▼
Intangible fixed assets21€115k€115k=
Tangible fixed assets22/27€1.38M€1.35M▼
Land and buildings22€1.38M€1.34M▼
Plant, machinery and equipment23€6k€5k▼
Current assets29/58€53k€6k▼
Stocks and contracts in progress3-€43
Stocks30/36-€43
Cash at bank and in hand54/58€53k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.47M▼
Equity10/15€24k€-48k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€51k€51k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-92k€-164k▼
Amounts payable17/49€1.53M€1.52M▼
Amounts payable after more than one year17€668k€638k▼
Financial debts170/4€578k€548k▼
Other amounts payable178/9€90k€90k=
Amounts payable within one year42/48€860k€881k▲
Current portion of amounts payable after more than one year42€22k€30k▲
Trade debts44€3k€16k▲
Suppliers440/4€3k€16k▲
Other amounts payable47/48€836k€835k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€42k▼
Other operating charges640/8€13k€8k▼
Gross operating margin9900€4k€3k▼
Operating profit (loss)9901€-53k€-47k▲
Financial charges65/66B€11k€25k▲
Recurring financial charges65€11k€25k▲
Profit (loss) for the period before taxes9903€-64k€-72k▼
Profit (loss) for the period9904€-64k€-72k▼
Profit (loss) for the period to be appropriated9905€-64k€-72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-164k▼
Profit (loss) brought forward from the previous period14P€-28k€-92k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €37k | €43k | €44k | €42k | ▼ 5.0% |
| Other operating charges640/8 | €2k | €2k | €4k | €13k | €8k | ▼ 38.7% |
| Gross operating margin9900 | €29k | €34k | €41k | €4k | €3k | ▼ 23.2% |
| Operating profit (loss)9901 | €-10k | €-5k | €-6k | €-53k | €-47k | ▲ 12.1% |
| Financial charges65/66B | €27 | €725 | €3k | €11k | €25k | ▲ 124% |
| Recurring financial charges65 | €27 | €725 | €3k | €11k | €25k | ▲ 124% |
| Profit (loss) for the period before taxes9903 | €-10k | €-5k | €-9k | €-64k | €-72k | ▼ 11.8% |
| Profit (loss) for the period9904 | €-10k | €-5k | €-9k | €-64k | €-72k | ▼ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €-5k | €-9k | €-64k | €-72k | ▼ 11.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €423k | €470k | €470k | €1.55M | €1.47M | ▼ 5.3% |
| Fixed assets21/28 | €415k | €421k | €470k | €1.50M | €1.46M | ▼ 2.3% |
| Intangible fixed assets21 | €6k | €6k | €6k | €115k | €115k | = |
| Tangible fixed assets22/27 | €409k | €415k | €464k | €1.38M | €1.35M | ▼ 2.5% |
| Land and buildings22 | €399k | €407k | €457k | €1.38M | €1.34M | ▼ 2.4% |
| Plant, machinery and equipment23 | €10k | €8k | €7k | €6k | €5k | ▼ 19.7% |
| Current assets29/58 | €9k | €48k | €247 | €53k | €6k | ▼ 88.7% |
| Stocks and contracts in progress3 | - | - | - | - | €43 | - |
| Stocks30/36 | - | - | - | - | €43 | - |
| Amounts receivable within one year40/41 | - | €37k | €247 | - | - | - |
| Other amounts receivable41 | - | €37k | €247 | - | - | - |
| Cash at bank and in hand54/58 | €9k | €11k | - | €53k | €6k | ▼ 88.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €423k | €470k | €470k | €1.55M | €1.47M | ▼ 5.3% |
| Equity10/15 | €103k | €97k | €88k | €24k | €-48k | ▼ 304% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | €51k | €51k | €51k | €51k | €51k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | €3k | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-13k | €-19k | €-28k | €-92k | €-164k | ▼ 78.0% |
| Amounts payable17/49 | €320k | €372k | €382k | €1.53M | €1.52M | ▼ 0.6% |
| Amounts payable after more than one year17 | €20k | €20k | €20k | €668k | €638k | ▼ 4.5% |
| Financial debts170/4 | €20k | €20k | €20k | €578k | €548k | ▼ 5.2% |
| Other amounts payable178/9 | - | - | - | €90k | €90k | = |
| Amounts payable within one year42/48 | €300k | €352k | €362k | €860k | €881k | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22k | €30k | ▲ 38.4% |
| Trade debts44 | €1k | - | €6k | €3k | €16k | ▲ 465% |
| Suppliers440/4 | €1k | - | - | €3k | €16k | ▲ 465% |
| Bills of exchange payable441 | - | - | €6k | - | - | - |
| Other amounts payable47/48 | €299k | €352k | €356k | €836k | €835k | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €-5k | €-9k | €-64k | €-72k | ▼ 11.8% |
| + Depreciation and write-downs630 | €37k | €37k | €43k | €44k | €42k | ▼ 5.0% |
| Operating cash flow (approximation) | €27k | €32k | €34k | €-21k | €-30k | ▼ 47.2% |
| Investment in fixed assets (approximation) | - | €-44k | €-92k | €-1.07M | €-7k | ▲ 99.3% |
| Change in cash | - | €3k | - | - | €-47k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
31-12
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series.
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 57 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Faimes · 1 establishment unit since 1990
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.
Rue A. Braas 514317 Faimes1 establishment unit
Rue A. Braas 51, 4317 Faimes
since 19902.049.979.390
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 2,437 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
47521Retail sale of hardware, building materials, paint and glass (general range)
73200Market research and public opinion polling
74201Photography, excluding press photography
Scores and ratios are computed by Checked and are not a credit decision.