SYO
ActiveSummary
SYO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €85k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+9
Solvency54▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.67 in 2024; short-term debt: 30.2% and cash: 22.2% of total assets), but 71.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.7%
Return on assets
11.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-09-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
35 d early
2023
26 d early
2022
32 d early
2021
41 d early
2020
22 d early
2019
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€216k▲ 3.0%
2024 · €210k
Total assets
€755k▼ 0.3%
2024 · €757k
Net result
€85k▲ 180%
2024 · €30k
Working capital
€144k▲ 22.1%
2024 · €118k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-3k€106k€91k▼ 14.3%€51k▼ 44.2%€148k▲ 192%
Net result€-15k€72k€65k▼ 10.5%€30k▼ 53.2%€85k▲ 180%
Equity€76k▼ 25.0%€139k▲ 84.5%€204k▲ 46.4%€210k▲ 2.9%€216k▲ 3.0%
Total assets€701k▲ 0.1%€669k▼ 4.5%€795k▲ 18.8%€757k▼ 4.8%€755k▼ 0.3%
Debt€626k▲ 4.3%€530k▼ 15.3%€591k▲ 11.5%€547k▼ 7.4%€539k▼ 1.5%
Working capital€29k▼ 39.7%€66k▲ 131%€88k▲ 32.9%€118k▲ 33.9%€144k▲ 22.1%
Staff (FTE)1.9=2.6▲ 36.8%2.7▲ 3.8%3.3▲ 22.2%3.2▼ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 192% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €755k
Fixed assets
€383k ▼ 17.4%
Current assets
€372k ▲ 26.6%
Equity and liabilities €755k
Equity
€216k ▲ 3.0%
Debt
€539k ▼ 1.5%
Debt's share of the balance-sheet total falls from 72.2% to 71.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€241k▲
2024 · €145k
Cash flow
€178k▲
2024 · €124k
Current ratio
1.63▼
2024 · 1.67
Quick ratio
1.60▼
2024 · 1.63
Debt to equity
2.49▼
2024 · 2.60
ROE
39.2%▲
2024 · 14.4%
ROA
11.2%▲
2024 · 4.0%
Interest coverage
11.13▼
2024 · 15.45
Debt ≤ 1 year
€228k▲
2024 · €176k
Debt > 1 year
€197k▼
2024 · €249k
Income taxes
€48k▲
2024 · €13k
Staff costs
€96k▼
2024 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €510 | - | - | - |
| Remuneration, social security and pensions62 | - | €69k | €80k | €98k | €96k | ▼ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84k | €80k | €78k | €94k | €93k | ▼ 1.1% |
| Other operating charges640/8 | - | €5k | €5k | €6k | €6k | ▼ 7.1% |
| Non-recurring operating charges66A | - | - | €298 | - | - | - |
| Gross operating margin9900 | €144k | €260k | €254k | €248k | €343k | ▲ 38.1% |
| Operating profit (loss)9901 | €-3k | €106k | €91k | €51k | €148k | ▲ 192% |
| Financial income75/76B | - | €194 | €378 | €2k | €6k | ▲ 209% |
| Recurring financial income75 | €167 | €194 | €378 | €2k | €6k | ▲ 209% |
| Financial charges65/66B | - | €10k | €9k | €9k | €22k | ▲ 131% |
| Recurring financial charges65 | €12k | €10k | €9k | €9k | €22k | ▲ 131% |
| Profit (loss) for the period before taxes9903 | €-15k | €97k | €82k | €43k | €133k | ▲ 206% |
| Income taxes67/77 | €635 | €24k | €17k | €13k | €48k | ▲ 265% |
| Profit (loss) for the period9904 | €-15k | €72k | €65k | €30k | €85k | ▲ 180% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €72k | €65k | €30k | €85k | ▲ 180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €701k | €669k | €795k | €757k | €755k | ▼ 0.3% |
| Fixed assets21/28 | €511k | €450k | €533k | €463k | €383k | ▼ 17.4% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €511k | €449k | €533k | €463k | €383k | ▼ 17.4% |
| Land and buildings22 | - | €301k | €267k | €238k | €204k | ▼ 14.5% |
| Plant, machinery and equipment23 | - | €123k | €169k | €147k | €123k | ▼ 16.3% |
| Furniture and vehicles24 | - | €25k | €96k | €78k | €56k | ▼ 28.1% |
| Financial fixed assets28 | €67 | €67 | €67 | €67 | €67 | = |
| Current assets29/58 | €190k | €220k | €262k | €294k | €372k | ▲ 26.6% |
| Stocks and contracts in progress3 | €9k | €8k | €9k | €8k | €8k | ▲ 3.6% |
| Stocks30/36 | - | €8k | €9k | €8k | €8k | ▲ 3.6% |
| Amounts receivable within one year40/41 | €13k | €1k | €6k | €18k | €2k | ▼ 90.4% |
| Trade receivables40 | - | €808 | €2k | €6k | €2k | ▼ 73.0% |
| Other amounts receivable41 | - | €511 | €4k | €12k | - | - |
| Current investments50/53 | - | - | - | €100k | €191k | ▲ 91.2% |
| Cash at bank and in hand54/58 | €166k | €207k | €242k | €165k | €167k | ▲ 1.2% |
| Deferred charges and accrued income490/1 | - | €4k | €5k | €3k | €4k | ▲ 48.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €701k | €669k | €795k | €757k | €755k | ▼ 0.3% |
| Equity10/15 | €76k | €139k | €204k | €210k | €216k | ▲ 3.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €57k | €121k | €186k | €192k | €198k | ▲ 3.3% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €119k | €186k | €192k | €198k | ▲ 3.3% |
| Amounts payable17/49 | €626k | €530k | €591k | €547k | €539k | ▼ 1.5% |
| Amounts payable after more than one year17 | €340k | €262k | €306k | €249k | €197k | ▼ 20.9% |
| Financial debts170/4 | - | €262k | €306k | €249k | €197k | ▼ 20.9% |
| Amounts payable within one year42/48 | €161k | €153k | €174k | €176k | €228k | ▲ 29.7% |
| Current portion of amounts payable after more than one year42 | - | €84k | €100k | €64k | €56k | ▼ 13.1% |
| Trade debts44 | €24k | €25k | €24k | €44k | €12k | ▼ 73.1% |
| Suppliers440/4 | - | €25k | €24k | €44k | €12k | ▼ 73.1% |
| Advances received on contracts in progress46 | - | €95 | €95 | €570 | €665 | ▲ 16.7% |
| Taxes, remuneration and social security45 | - | €35k | €40k | €43k | €66k | ▲ 52.7% |
| Taxes450/3 | - | €33k | €33k | €28k | €62k | ▲ 123% |
| Remuneration and social security454/9 | - | €1k | €8k | €15k | €3k | ▼ 79.1% |
| Other amounts payable47/48 | - | €10k | €9k | €24k | €94k | ▲ 287% |
| Accrued charges and deferred income492/3 | - | €114k | €111k | €123k | €114k | ▼ 6.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €72k | €65k | €30k | €85k | ▲ 180% |
| + Depreciation and write-downs630 | €84k | €80k | €78k | €94k | €93k | ▼ 1.1% |
| Operating cash flow (approximation) | €69k | €153k | €143k | €124k | €178k | ▲ 43.1% |
| Investment in fixed assets (approximation) | - | €-19k | €-161k | €-24k | €-12k | ▲ 48.4% |
| Change in cash | - | €41k | €36k | €-77k | €2k | ▲ 103% |
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
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €85k ▲180%
Operating result €148k, net result €85k, both a record.
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €200kEq €204k ▲46.4%
2 profitable years in a row build equity to €204k.
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
31-03
Financial
Equity above €100kEq €139k ▲84.5%
Equity rises from €76k to €139k.
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 1.62
Current ratio from 0.80 to 1.62; short-term debt falls from €147k to €76k.
Show earlier events
31-03
Financial
Equity above €100kEq €101k ▲6.6%
2 profitable years in a row build equity to €101k.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lebbeke · 1 establishment unit since 2007
Ground area
207 m²
Parcel 42322C0076/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
car wash D'Helst
since 20072.163.487.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0076/00S000 | Flanders | 207 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteLebbeke2.163.487.505
Legal Entity Identifier
967600Y0K24I1QXS2Q72
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Of 3,206 companies in sector 95316 we hold annual accounts for 751. 463 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
Founded02-07-2007
Fiscal year end31-03
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
Scores and ratios are computed by Checked and are not a credit decision.