SYNTRES
ActiveSummary
SYNTRES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €4k. Equity is growing by ~76.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-13
Solvency47=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.84 in 2023; short-term debt: 35.8% and cash: 46.8% of total assets), but 78.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
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 2024Solvency, return and age of the figures
Solvency
21.8%
Return on assets
2.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-04-2025, 107 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
107 d early
2023
40 d early
2022
28 d early
2021
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 19.9%
2023 · €32k
2021: €-10klowest in 4 years
2022: €14k▲ +231% vs 2021
2023: €32k▲ +137% vs 2022
2024: €39k▲ +19.9% vs 2023highest in 4 years
2021 → 2024
Total assets
€177k▲ 20.4%
2023 · €147k
2021: €43klowest in 4 years
2022: €128k▲ +197% vs 2021
2023: €147k▲ +14.4% vs 2022
2024: €177k▲ +20.4% vs 2023highest in 4 years
2021 → 2024
Net result
€4k▼ 79.0%
2023 · €19k
2021: €-15klowest in 4 years
2022: €24k▲ +256% vs 2021highest in 4 years
2023: €19k▼ -22.2% vs 2022
2024: €4k▼ -79.0% vs 2023
2021 → 2024
Working capital
€64k▲ 48.6%
2023 · €43k
2021: €-13klowest in 4 years
2022: €-3k▲ +72.8% vs 2021
2023: €43k▲ +1340% vs 2022
2024: €64k▲ +48.6% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-10k-€14k€32k▲ 137%€39k▲ 19.9%
2021: €-10klowest in 4 years
2022: €14k▲ +231% vs 2021
2023: €32k▲ +137% vs 2022
2024: €39k▲ +19.9% vs 2023highest in 4 years
Operating result€-15k-€32k€28k▼ 12.8%€8k▼ 69.9%
2021: €-15klowest in 4 years
2022: €32k▲ +313% vs 2021highest in 4 years
2023: €28k▼ -12.8% vs 2022
2024: €8k▼ -69.9% vs 2023
Net result€-15k-€24k€19k▼ 22.2%€4k▼ 79.0%
2021: €-15klowest in 4 years
2022: €24k▲ +256% vs 2021highest in 4 years
2023: €19k▼ -22.2% vs 2022
2024: €4k▼ -79.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 70% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177k
Fixed assets
€49k ▼ 6.3%
Current assets
€127k ▲ 35.4%
Equity and liabilities €177k
Equity
€39k ▲ 19.9%
Debt
€138k ▲ 20.6%
Debt's share of the balance-sheet total rises from 78.1% to 78.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2023 · €41k
Cash flow
€21k▼
2023 · €31k
Current ratio
2.01▲
2023 · 1.84
Debt to equity
3.58▲
2023 · 3.56
ROE
10.1%▼
2023 · 57.9%
ROA
2.2%▼
2023 · 12.7%
Interest coverage
12.63▼
2023 · 34.24
Debt ≤ 1 year
€63k▲
2023 · €51k
Debt > 1 year
€26k▼
2023 · €34k
Income taxes
€3k▼
2023 · €8k
Staff costs
€161k▲
2023 · €75k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€147k€177k▲
Fixed assets21/28€53k€49k▼
Intangible fixed assets21€241€6k▲
Tangible fixed assets22/27€52k€44k▼
Furniture and vehicles24€52k€44k▼
Current assets29/58€94k€127k▲
Amounts receivable within one year40/41€20k€36k▲
Trade receivables40€20k€36k▲
Other amounts receivable41-€441
Cash at bank and in hand54/58€70k€83k▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€147k€177k▲
Equity10/15€32k€39k▲
Contributions10/11€5k€8k▲
Reserves13€43k€43k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-15k€-11k▲
Amounts payable17/49€115k€138k▲
Amounts payable after more than one year17€34k€26k▼
Financial debts170/4€34k€26k▼
Amounts payable within one year42/48€51k€63k▲
Current portion of amounts payable after more than one year42€10k€15k▲
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€24k€14k▼
Suppliers440/4€24k€14k▼
Taxes, remuneration and social security45€17k€35k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9€9k€22k▲
Other amounts payable47/48-€112
Accrued charges and deferred income492/3€29k€49k▲
Income statement
Code20232024
Remuneration, social security and pensions62€75k€161k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€981€1k▲
Non-recurring operating charges66A-€661
Gross operating margin9900€117k€188k▲
Operating profit (loss)9901€28k€8k▼
Financial income75/76B€44€91▲
Recurring financial income75€44€91▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€27k€6k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€19k€4k▼
Profit (loss) for the period to be appropriated9905€19k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-11k▼
Profit (loss) brought forward from the previous period14P€-15k€-15k=
Transfer to equity691/2€19k€0▼
To other reserves6921€19k€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €28k | €75k | €161k | ▲ 113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €13k | €17k | ▲ 36.3% |
| Other operating charges640/8 | €2k | €707 | €981 | €1k | ▲ 44.9% |
| Non-recurring operating charges66A | - | - | - | €661 | - |
| Gross operating margin9900 | €-7k | €67k | €117k | €188k | ▲ 60.8% |
| Operating profit (loss)9901 | €-15k | €32k | €28k | €8k | ▼ 69.9% |
| Financial income75/76B | €0 | €1 | €44 | €91 | ▲ 107% |
| Recurring financial income75 | €0 | €1 | €44 | €91 | ▲ 107% |
| Financial charges65/66B | €248 | €1k | €1k | €2k | ▲ 70.9% |
| Recurring financial charges65 | €248 | €1k | €1k | €2k | ▲ 70.9% |
| Profit (loss) for the period before taxes9903 | €-15k | €31k | €27k | €6k | ▼ 75.9% |
| Income taxes67/77 | - | €7k | €8k | €3k | ▼ 68.9% |
| Profit (loss) for the period9904 | €-15k | €24k | €19k | €4k | ▼ 79.0% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €24k | €19k | €4k | ▼ 79.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €43k | €128k | €147k | €177k | ▲ 20.4% |
| Fixed assets21/28 | €18k | €44k | €53k | €49k | ▼ 6.3% |
| Intangible fixed assets21 | €482 | €362 | €241 | €6k | ▲ 2,220% |
| Tangible fixed assets22/27 | €18k | €43k | €52k | €44k | ▼ 16.5% |
| Furniture and vehicles24 | €18k | €43k | €52k | €44k | ▼ 16.5% |
| Current assets29/58 | €25k | €85k | €94k | €127k | ▲ 35.4% |
| Amounts receivable within one year40/41 | €9k | €32k | €20k | €36k | ▲ 84.4% |
| Trade receivables40 | €9k | €32k | €20k | €36k | ▲ 82.1% |
| Other amounts receivable41 | - | - | - | €441 | - |
| Cash at bank and in hand54/58 | €14k | €50k | €70k | €83k | ▲ 18.6% |
| Deferred charges and accrued income490/1 | €1k | €3k | €5k | €9k | ▲ 81.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €43k | €128k | €147k | €177k | ▲ 20.4% |
| Equity10/15 | €-10k | €14k | €32k | €39k | ▲ 19.9% |
| Contributions10/11 | €5k | €5k | €5k | €8k | ▲ 50.0% |
| Reserves13 | - | €24k | €43k | €43k | = |
| Distributable reserves133 | - | €24k | €43k | €43k | = |
| Profit (loss) carried forward14 | €-15k | €-15k | €-15k | €-11k | ▲ 25.4% |
| Amounts payable17/49 | €54k | €115k | €115k | €138k | ▲ 20.6% |
| Amounts payable after more than one year17 | €4k | - | €34k | €26k | ▼ 23.9% |
| Financial debts170/4 | €4k | - | €34k | €26k | ▼ 23.9% |
| Amounts payable within one year42/48 | €38k | €88k | €51k | €63k | ▲ 24.3% |
| Current portion of amounts payable after more than one year42 | €5k | €4k | €10k | €15k | ▲ 43.5% |
| Financial debts43 | - | - | - | €0 | - |
| Credit institutions430/8 | - | - | - | €0 | - |
| Trade debts44 | €7k | €44k | €24k | €14k | ▼ 40.5% |
| Suppliers440/4 | €7k | €44k | €24k | €14k | ▼ 40.5% |
| Advances received on contracts in progress46 | €484 | €3k | - | - | - |
| Taxes, remuneration and social security45 | - | €12k | €17k | €35k | ▲ 102% |
| Taxes450/3 | - | €7k | €8k | €12k | ▲ 47.4% |
| Remuneration and social security454/9 | - | €5k | €9k | €22k | ▲ 152% |
| Other amounts payable47/48 | €25k | €26k | - | €112 | - |
| Accrued charges and deferred income492/3 | €12k | €27k | €29k | €49k | ▲ 66.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €24k | €19k | €4k | ▼ 79.0% |
| + Depreciation and write-downs630 | €6k | €6k | €13k | €17k | ▲ 36.3% |
| Operating cash flow (approximation) | €-9k | €30k | €31k | €21k | ▼ 32.4% |
| Investment in fixed assets (approximation) | - | €-32k | €-22k | €-14k | ▲ 36.2% |
| Change in cash | - | €35k | €20k | €13k | ▼ 35.3% |
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
2026
15-09
State Gazette act
Permanent representative: Beyens DidierRegistered-office move3 facts ▸
State Gazette act
Permanent representative: Beyens Didier
Registered-office move3 facts ▸
- General meeting, 01-09-2026
- Registered-office move, Kempenlaan 2A bus 5, 2300 Turnhout
- Permanent representative, Beyens Didier (permanent representative)
2025
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Turnhout · 2 establishment units since 2020
Ground area
1.2 ha
Building footprint
1,429 m²
Volume, LiDAR
16,245 m³
2 parcels, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
28
companies at this address
See who is registered here
2 establishment units
Kempenlaan 2A, 2300 Turnhout
since 20202.306.357.518
Uitbreidingstraat 66, 2600 Antwerpen
since 20242.362.185.372
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0027/00S003 | Flanders | 9,976 m² | 1 · 637 m² | 9.8 m |
| 11303B0445/00F008 | Flanders | 2,372 m² | 1 · 792 m² | 23.9 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,008 EUR awarded · 2,008 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 247 EUR | 247 EUR |
| 2024 | 1 | 1,710 EUR | 1,710 EUR |
| 2023 | 1 | 51 EUR | 51 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,761 companies in sector 68321 we hold annual accounts for 1,391. 841 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.