Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Higher solvency than 84% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro). It does better than 90% of them on solvency, 91% on liquidity, 94% on profitability and 90% 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 39,278 companies had the same profile as SYNTAX CONSTRUCT has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SYNTAX CONSTRUCT itself: 1.0% within 12 months.
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 39,278 companies, not a prediction for SYNTAX CONSTRUCT. 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.
Liquidity is ample, with a current ratio of 4.76 (3.75 in 2024), above the usual 1.5. Short-term debt is 20.5% and cash 54.2% of total assets. 20.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 11 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SYNTAX CONSTRUCT Anderlecht | €41,786 | €19,140 | 79.5% | - |
| J.G.-metaalbouw Diepenbeek | €41,624 | €22,862 | 69.9% | - |
| ROBOTIC DISTRIBUTION CONCEPT Gesves | €48,356 | €17,309 | 21.3% | - |
| Niels Jacobs Construct Essen | €46,885 | €23,524 | 37.9% | - |
| AIMAAD Aalst | €45,478 | €27,025 | 68.3% | - |
| D'Hoop Construct Berlare | €39,998 | €15,535 | 39.9% | - |
| Phlips Service Ranst | €29,771 | €17,083 | 84.8% | - |
These companies have the same main activity as SYNTAX CONSTRUCT: machining of metals (NACE 25530). They are comparable in size and age: total assets between €29,800 and €48,400, founded between 2023 and 2024.
SYNTAX CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,212 and a net result of €13,620.
Its solvency ranks better than 84% of 2,343 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €55,000 and €250,000.
Higher than 84% of 2,343 companies in 2025.
Higher than 83% of 2,309 companies in 2025.
Higher than 90% of 2,323 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
41,786 | 26,633 | |
21/28 |
960 | 238 | |
22/27 |
960 | 238 | |
23 |
960 | - | |
24 |
- | 238 | |
29/58 |
40,826 | 26,396 | |
40/41 |
18,161 | 11,114 | |
40 |
3,657 | 4,932 | |
41 |
14,504 | 6,182 | |
54/58 |
22,665 | 15,281 | |
| Balance sheet: equity and liabilities | |||
10/49 |
41,786 | 26,633 | |
10/15 |
33,212 | 19,592 | |
10/11 |
5,000 | 5,000 | |
11 |
5,000 | - | |
1109/19 |
5,000 | - | |
13 |
13,000 | - | |
133 |
13,000 | - | |
14 |
15,212 | 14,592 | |
17/49 |
8,573 | 7,041 | |
42/48 |
8,573 | 7,041 | |
44 |
3,787 | 2,177 | |
440/4 |
3,787 | 2,177 | |
45 |
4,786 | 4,864 | |
450/3 |
4,786 | 4,864 | |
| Income statement | |||
9900 |
19,140 | 19,985 | |
630 |
717 | 129 | |
640/8 |
1,275 | - | |
9901 |
17,148 | 19,856 | |
75/76B |
330 | 1 | |
75 |
330 | 1 | |
65/66B |
45 | 400 | |
65 |
45 | 400 | |
9903 |
17,433 | 19,456 | |
67/77 |
3,813 | 4,864 | |
9904 |
13,620 | 14,592 | |
9905 |
13,620 | 14,592 | |
| Appropriation of the result | |||
9906 |
28,212 | 14,592 | |
14P |
14,592 | - | |
691/2 |
13,000 | - | |
6921 |
13,000 | - | |
| Social balance sheet | |||
Hours worked1013 |
- | 0 | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 17,865 | 19,985 | ||
| 14,337 | 14,722 | ||
| 1,439 | 367 | ||
| 7,384 | - | ||
| 32,252 | 19,355 | ||
| 79.5% | 73.6% | ||
| 4.76 | 3.75 | ||
| 0.26 | 0.36 | ||
| 41.0% | 74.5% | ||
| 32.6% | 54.8% | ||
| over 100 | 49.96 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,439 | €367 |
| €717 | €129 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 14% lower than in 2024.
Debt's share of the balance-sheet total falls from 26.4% to 20.5%. Equity and debt are higher.
SYNTAX CONSTRUCT has no parent and no holdings in its annual accounts. AMIAZAZI Valentin is the only director. SYNTAX CONSTRUCT shares no director with another company.
| Alkhalaf, Khaled (sole trader)
establishment since 15-04-2026 |
founded in 2026 1036.906.343 |
| Kardas
registered office since 17-01-1995 |
founded in 1995 0455.110.439 |
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 2 April 2024, SYNTAX CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2026 the registered office moved to Brussels.3 AMIAZAZI Valentin has served as director since 2024.4
| Establishment | Since | Unit number |
|---|---|---|
| Poincarélaan 6 registered office 1070 Anderlecht | ||
| Pepingensesteenweg 84 1600 Sint-Pieters-Leeuw | 02-04-2024 | 2.358.128.594 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23583I0272/00L000 | Flanders | 317 m² | 1 · 114 m² | 10.4 m · 3 |
| 21304B0159/00L006 | Brussels | 79 m² | 1 · 69 m² | 16.2 m · 5 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.878.597
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