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SynUp

Active Risk: not assessed
Public limited companyfounded 2018active for 8 yearsHerkenrodesingel 16, 3500 Hasselt, BelgiumKBO/BCE: BE 0698.779.882
Summary

SynUp is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.5m and a net result of -€174,125. Equity has been stable since 2019 (±2.5% per year). Its solvency ranks better than 71% of 6,692 sector peers (NACE 64, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

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Overview

Official details

Source: KBO
Status
Active since 25-06-2018 Normal situation
Registered office
14 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Activities of holding companies NACE 64210and 1 other
Establishment unit
2.277.123.993 3500 Hasselt, since 25-06-2018
Financial year end
31 December
Peppol
Reachable since 22-04-2025
Company details

Board and ownership

Last known board
and 5 others
Auditor
Ernst et Young Reviseurs d'Entreprises
Shareholders
Holdings
Shares in 1 company SYNTEGRO
Board & ownership

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Loss
€174,125
▼ 23.6%
Equity
€9.5m
▼ 1.8%
Total assets
€12.8m
▼ 0.1%
Filed on 26-05-2026, 66 days before the deadline
Financials
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
66 days early
2024
38 days early
2023
20 days early
2022
32 days early
2021
46 days early
2020
36 days early
2019
28 days early
← 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 38 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in financial servicessector median €51,535 · 6,691 companies -€174,125 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€174,125 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Appointment: EY Bedrijfsrevisoren BV (statutory auditor)
  2. · Gazette deed Registered office moved from Beringen to Hasselt
  3. · Gazette deed Registered office moved from Mechelen to Beringen
All 16 events

Comparable companies

These companies have the same main activity as SynUp: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €11m and €15m, founded between 2018 and 2019.

CompanyTotal assetsGross margin
SynUp Hasselt€12.8m-€0.006m
RED PANDA Sint-Truiden€11.0m-€0.001m
Lina Invest Nazareth-De Pinte€13.9m-€0.002m
VITAFOR Invest Sint-Niklaas€11.4m-€0.04m
Iris La Hulpe La Hulpe€10.9m-€0.01m
Driessen Shipmanagement Schilde€10.9m-€0.2m
So Easy Holding Lokeren€15.4m-€0.06m
Full comparison

Key facts about SynUp
What is the company number of SynUp?
The company number of SynUp is 0698.779.882. The VAT number is the same number with BE in front: BE 0698.779.882.
Where is SynUp based?
The registered office is at Herkenrodesingel 16, 3500 Hasselt.Company details
What does SynUp do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of SynUp?
The legal form of SynUp is Public limited company (NV).
When was SynUp founded?
SynUp was founded on 25-06-2018.
Is SynUp still active?
Yes, SynUp is an active enterprise in the KBO register.
What is the turnover of SynUp?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is SynUp profitable?
In financial year 2025, SynUp made a loss of €174,125.
Where can I find the annual accounts of SynUp?
SynUp filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SynUp due?
SynUp must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.VISMA AS · 21 companies See what changed in the latest annual accounts.What changed

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