Equity
€221,924 ▲ 2.6%
SYO paid out €64,691 in dividends. That is 92% of the 2026 profit.
SYO
Lifetime
18 annual accounts with figures on one time axispeak €343,183 (2025)
€278,712▼ 18.8%
lowest -€15,199 (2021)
€70,262▼ 17.1%
peak €221,924 (2026)
€221,924▲ 2.6%
€445,614▼ 17.3%
peak 1.9 FTE (2020)
-not published
Board1 name since 2022
1 director
Documentsfilings and deeds
09-10-202622 days before the deadline
2026micro format
Gross margin from €343,183 to €278,712Dividend €64,691Debts from €538,673 to €445,614Cash from €167,428 to €341,184
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Key points
from the 2026 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as SYO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 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 34,693 companies, not a prediction for SYO. 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
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Signals
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0890494741
Change of role: , from manager to director
Director discharge: · General meeting of 21-11-2022 · Gazette deed
Incorporation
published on 11-07-2007 · Gazette deed
First establishment
car wash D'Helst, Brusselsesteenweg 238, Lebbeke
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SYO Lebbeke | €667,537 | €278,712 | 33.2% | - |
| SYLBECO Denderleeuw | €879,132 | €272,462 | 22.4% | - |
| RedLine Sambreville | €655,066 | €289,570 | 25.3% | - |
| DE WATERTOREN Waregem | €770,308 | €216,802 | 52.1% | - |
| RIMKAR WASH Liège | €791,650 | €322,631 | 21.2% | - |
| MANIN Gembloux | €933,656 | €311,390 | 30.0% | - |
| AMS Group Uccle | €975,053 | €281,130 | 11.4% | - |
These companies have the same main activity as SYO: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €655,000 and €975,000, founded between 2004 and 2009.
Official details
Source: KBO- Status
- Active since 02-07-2007Normal situation
- Activity
- Washing and cleaning of motor vehiclesNACE 95316and 1 other
- Joint committee
- 112Garages · annual accounts 31-03-2026
- Establishment unit
- 2.163.487.5059280 Lebbeke, since 26-06-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 27-10-2025
Annual accounts to 31-03-2026
- ≈ €1.1mestimated
- €667,537▼ 11.6%
- Employeeson 31-03-2026
- 1=
- Filing
- Filed on 09-10-2026, 22 days before the end of the filing period
Insights on SYO
SYO files the micro format. That format states no turnover. The gross margin rose from €153,680 in 2009 to €278,712 in 2026.
The balance sheet grew most in 2017 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 SYO
- What is the company number of SYO?
- The company number of SYO is 0890.494.741. The VAT number is the same number with BE in front: BE 0890.494.741.
- Where is SYO based?
- The registered office is at Brusselsesteenweg 238, 9280 Lebbeke.Company details
- What does SYO do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of SYO?
- SYO is a private limited company (BV).
- When was SYO founded?
- SYO was founded on 02-07-2007.
- Is SYO still active?
- Yes, SYO is an active enterprise in the KBO register.
- How many employees does SYO have?
- SYO had an average of 3.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does SYO fall under?
- In its 31-03-2026 annual accounts, SYO states joint committee 112 (Garages).
- What is the turnover of SYO?
- The turnover in financial year 2026 is ≈ €1.1m. This figure is estimated from the gross margin of €278,712 and 35 comparable companies (NACE 953). It probably lies between €770,000 and €1.4m.
- Is SYO profitable?
- In financial year 2026, SYO made a profit of €70,262.
- Where can I find the annual accounts of SYO?
- SYO filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SYO due?
- SYO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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