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SYPLUS

Active
Public limited companyfounded 198342 yrs activeBretagnestraat 24, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0424.632.049
Summary

SYPLUS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186,619 and a net result of -€25,813. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 95% of 4579 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability1▼-68
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 16.12 against 18.77 in 2024; short-term debt: 4% and cash: 2.4% of total assets), and 4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
96%
Return on assets
-13.3%
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 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
52 d late
2022
41 d early
2021
29 d early
2020
42 d early
2019
44 d early
2018
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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 months
Position in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 October 1983, SYPLUS was incorporated.1 Total assets went from EUR 588,038 in 2018 to EUR 194,357 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€19,601
EBIT margin
-175.0%
Net result
-€25,813
2024 · €499
Working capital
€116,955▼ 14.9%
2024 · €137,431
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220242025
Turnover€19,601
Operating result€73,723▲ 100%€8,972▼ 87.8%€72,814▲ 712%-€5,919--€34,294▼ 479%
Net result€51,044above the sector's middle half▲ 300%€2,703within the sector's middle half▼ 94.7%€52,186above the sector's middle half▲ 1,831%€499within the sector's middle half--€25,813below the sector's middle half
EBIT margin-175.0%
Equity€157,044above the sector's middle half▲ 48.2%€159,747above the sector's middle half▲ 1.7%€211,933above the sector's middle half▲ 32.7%€212,433above the sector's middle half-€186,619above the sector's middle half▼ 12.2%
Total assets€373,535above the sector's middle half▲ 18.9%€305,074above the sector's middle half▼ 18.3%€253,371within the sector's middle half▼ 16.9%€220,818within the sector's middle half-€194,357within the sector's middle half▼ 12.0%
Debt€216,491▲ 4.0%€145,327▼ 32.9%€41,437▼ 71.5%€8,385-€7,737▼ 7.7%
Working capital-€67,666below the sector's middle half▲ 46.8%€69,228above the sector's middle half€128,000above the sector's middle half▲ 84.9%€137,431above the sector's middle half-€116,955above the sector's middle half▼ 14.9%
Solvency42.0%within the sector's middle half▲ 8.3pp52.4%within the sector's middle half▲ 10.3pp83.6%above the sector's middle half▲ 31.3pp96.2%above the sector's middle half-96.0%above the sector's middle half▼ 0.2pp
Current ratio0.68below the sector's middle half▲ 0.291.48within the sector's middle half▲ 0.804.09above the sector's middle half▲ 2.6118.77above the sector's middle half-16.12above the sector's middle half▼ 2.65
Return on assets (ROA)13.7%within the sector's middle half▲ 9.6pp0.9%within the sector's middle half▼ 12.8pp20.6%above the sector's middle half▲ 19.7pp0.2%within the sector's middle half--13.3%below the sector's middle half▼ 13.5pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2020: €73,723€73,723Net result 2020: €51,044€51,044Operating result 2021: €8,972€8,972Net result 2021: €2,703€2,703Operating result 2022: €72,814€72,814Net result 2022: €52,186€52,186Operating result 2024: -€5,919-€5,919Net result 2024: €499€499Operating result 2025: -€34,294-€34,294Net result 2025: -€25,813-€25,81320202021202220242025-€50,000€0€50,000Operating result 2022: €72,814€72,800Net result 2022: €52,186€52,200Operating result 2024: -€5,919-€5,920Net result 2024: €499€499Operating result 2025: -€34,294-€34,300Net result 2025: -€25,813-€25,800202220242025
The operating result stays negative: a loss of €34,294 in 2025 against €5,919 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194,357
Fixed assets €69,664 ▼ 7.9%
Current assets €124,692 ▼ 14.1%
Equity and liabilities €194,357
Equity €186,619 ▼ 12.2%
Debt €7,737 ▼ 7.7%
Debt's share of the balance-sheet total rises from 3.8% to 4.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€28,208▼
2024 · €2,363
Cash flow
-€19,728▼
2024 · €8,781
Debt to equity
0.04▲
2024 · 0.04
ROE
-13.8%▼
2024 · 0.2%
Interest coverage
-91.23▼
2024 · 12.66
Debt ≤ 1 year
€7,737=
2024 · €7,735
Income taxes
€177
Staff costs
€13,766
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
84% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€220,818€194,357▼
Fixed assets21/28€75,651€69,664▼
Tangible fixed assets22/27€75,651€69,566▼
Land and buildings22€73,886€68,832▼
Plant, machinery and equipment23€888€734▼
Furniture and vehicles24€877-
Financial fixed assets28-€99
Current assets29/58€145,166€124,692▼
Amounts receivable within one year40/41€125,466€119,763▼
Trade receivables40€6,762€5,456▼
Other amounts receivable41€118,704€114,308▼
Cash at bank and in hand54/58€18,924€4,753▼
Deferred charges and accrued income490/1€777€176▼
Equity and liabilities
Total equity and liabilities10/49€220,818€194,357▼
Equity10/15€212,433€186,619▼
Contributions10/11€70,000€70,000=
Capital10€70,000€70,000=
Issued capital100€70,000€70,000=
Reserves13€7,000€7,000=
Non-distributable reserves130/1€7,000€7,000=
Legal reserve130€7,000€7,000=
Profit (loss) carried forward14€135,433€109,619▼
Amounts payable17/49€8,385€7,737▼
Amounts payable within one year42/48€7,735€7,737=
Trade debts44€6,549€6,511▼
Suppliers440/4€6,549€6,511▼
Taxes, remuneration and social security45€1,185€1,227▲
Taxes450/3€835€177▼
Remuneration and social security454/9€350€1,050▲
Accrued charges and deferred income492/3€650-
Income statement Code20242025
Turnover70-€19,601
Non-recurring operating income76A-€402
Goods, raw materials, services and sundry goods60/61-€33,964
Remuneration, social security and pensions62-€13,766
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,282€6,086▼
Other operating charges640/8€1,330€1,354▲
Non-recurring operating charges66A-€893
Gross operating margin9900€3,693-€12,195▼
Operating profit (loss)9901-€5,919-€34,294▼
Financial income75/76B€6,605€8,966▲
Recurring financial income75€6,605€8,966▲
Financial charges65/66B€187€309▲
Recurring financial charges65€187€309▲
Profit (loss) for the period before taxes9903€499-€25,637▼
Income taxes67/77-€177
Profit (loss) for the period9904€499-€25,813▼
Profit (loss) for the period to be appropriated9905€499-€25,813▼
Appropriation of the result
Profit (loss) to be appropriated9906€135,433€109,619▼
Profit (loss) brought forward from the previous period14P€134,933€135,433▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220242025Change
Turnover70----€19,601-
Non-recurring operating income76A----€402-
Goods, raw materials, services and sundry goods60/61----€33,964-
Remuneration, social security and pensions62----€13,766-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,503€10,548€8,586€8,282€6,086▼ 26.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,735----
Other operating charges640/8-€7,663€7,254€1,330€1,354▲ 1.8%
Non-recurring operating charges66A-€155,056--€893-
Gross operating margin9900€94,896€183,973€88,653€3,693-€12,195▼ 430%
Operating profit (loss)9901€73,723€8,972€72,814-€5,919-€34,294▼ 479%
Financial income75/76B---€6,605€8,966▲ 35.7%
Recurring financial income75---€6,605€8,966▲ 35.7%
Financial charges65/66B-€3,044€2,440€187€309▲ 65.7%
Recurring financial charges65€3,060€3,044€2,440€187€309▲ 65.7%
Profit (loss) for the period before taxes9903€70,663€5,928€70,374€499-€25,637▼ 5,234%
Income taxes67/77€19,619€3,225€18,187-€177-
Profit (loss) for the period9904€51,044€2,703€52,186€499-€25,813▼ 5,270%
Profit (loss) for the period to be appropriated9905€51,044€2,703€52,186€499-€25,813▼ 5,270%
Line20202021202220242025Change
Assets
Total assets20/58€373,535€305,074€253,371€220,818€194,357▼ 12.0%
Fixed assets21/28€227,710€92,519€83,933€75,651€69,664▼ 7.9%
Tangible fixed assets22/27€227,710€92,519€83,933€75,651€69,566▼ 8.0%
Land and buildings22-€85,258€80,204€73,886€68,832▼ 6.8%
Plant, machinery and equipment23-€1,235€1,081€888€734▼ 17.4%
Furniture and vehicles24-€6,026€2,649€877--
Financial fixed assets28----€99-
Current assets29/58€145,825€212,555€169,437€145,166€124,692▼ 14.1%
Amounts receivable within one year40/41€78,320€60,695€38,797€125,466€119,763▼ 4.5%
Trade receivables40-€25,099€38,698€6,762€5,456▼ 19.3%
Other amounts receivable41-€35,597€99€118,704€114,308▼ 3.7%
Cash at bank and in hand54/58€67,506€151,316€130,109€18,924€4,753▼ 74.9%
Deferred charges and accrued income490/1-€543€532€777€176▼ 77.3%
Equity and liabilities
Total equity and liabilities10/49€373,535€305,074€253,371€220,818€194,357▼ 12.0%
Equity10/15€157,044€159,747€211,933€212,433€186,619▼ 12.2%
Contributions10/11€70,000€70,000€70,000€70,000€70,000=
Capital10-€70,000€70,000€70,000€70,000=
Issued capital100-€70,000€70,000€70,000€70,000=
Reserves13€7,000€7,000€7,000€7,000€7,000=
Non-distributable reserves130/1-€7,000€7,000€7,000€7,000=
Legal reserve130-€7,000€7,000€7,000€7,000=
Profit (loss) carried forward14€80,044€82,747€134,933€135,433€109,619▼ 19.1%
Amounts payable17/49€216,491€145,327€41,437€8,385€7,737▼ 7.7%
Amounts payable within one year42/48€213,491€143,327€41,437€7,735€7,737=
Current portion of amounts payable after more than one year42-€100,000----
Trade debts44€13,806€6,623€7,040€6,549€6,511▼ 0.6%
Suppliers440/4-€6,623€7,040€6,549€6,511▼ 0.6%
Taxes, remuneration and social security45-€36,704€34,397€1,185€1,227▲ 3.5%
Taxes450/3-€35,746€33,876€835€177▼ 78.8%
Remuneration and social security454/9-€958€521€350€1,050▲ 200%
Accrued charges and deferred income492/3-€2,000-€650--
Line20202021202220242025Change
Profit (loss) for the period9904€51,044€2,703€52,186€499-€25,813▼ 5,270%
+ Depreciation and write-downs630€17,503€10,548€8,586€8,282€6,086▼ 26.5%
Operating cash flow (approximation)€68,547€13,251€60,772€8,781-€19,728▼ 325%
Investment in fixed assets (approximation)-€124,643€0--€99-
Change in cash-€83,810-€21,207--€14,171-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
03-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet -€25,813
Net result drops to -€25,813, the lowest in the series.
2024
22-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
31-03
Financial Liquidity times 5current ratio 18.77
Current ratio from 4.09 to 18.77; short-term debt falls from €41,437 to €7,735.
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €52,186 ▲1,831%
Net result €52,186, the highest in the series.
31-12
Financial Liquidity triplescurrent ratio 4.09
Current ratio from 1.48 to 4.09; short-term debt falls from €143,327 to €41,437.
31-12
Financial Equity above €200,000Eq €211,933 ▲32.7%
4 profitable years in a row build equity to €211,933.
02-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity doublescurrent ratio 1.48
Current ratio from 0.68 to 1.48; short-term debt falls from €213,491 to €143,327.
19-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €150,000Eq €157,044 ▲48.2%
2 profitable years in a row build equity to €157,044.
Show earlier events
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €12,755
Net result €12,755 after one loss-making year.
31-12
Financial Equity above €100,000Eq €106,000 ▲13.7%
Equity rises from €93,245 to €106,000.
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
03-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 acts for this company are 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
2,780 m²
Building footprint
1,316 m²
Volume, LiDAR
30,598 m³
Parcel 21018A0151/00F000, Brussels · tallest building 27.0 m, ±8 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
HOMELAND SYPLUS
Bretagnestraat 24, 1200 Sint-Lambrechts-WoluweNACE 70321
since 19832.242.603.673
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21018A0151/00F000 Brussels 2,780 m² 1 · 1,316 m² 27.0 m · 8 fl.
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.

Similar companies · same sector, comparable size

Of 1,279 companies in sector 81100 we hold annual accounts for 679. 465 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded03-10-1983
Fiscal year end31-03
Activities, NACEBEL 2025
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0424632049

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.