SYRAH
ActiveThe annual accounts of SYRAH for fiscal year 2025 show a net loss of 50% of the equity at the start of that year. The 2025 annual accounts show equity of €27k and a net result of €-28k. Equity is growing by ~47.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 7955 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-67
Solvency47▼-17
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.27 against 1.74 in 2024; short-term debt: 68.7% and cash: 1.1% of total assets), and 77.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 2025Solvency, return and age of the figures
Solvency
22.4%
Return on assets
-22.6%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
8 d early
2023
32 d early
2022
38 d early
2021
128 d early
2020
23 d late
2019
on the day
← before the deadline
after the deadline →
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 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€27k▼ 50.3%
2024 · €55k
2019: €-19k
2020: €-17k
2021: €25k
2022: €29k
2023: €51k
2024: €55k
2019 → 2025
Total assets
€122k▼ 12.3%
2024 · €139k
2019: €243k
2020: €214k
2021: €185k
2022: €174k
2023: €176k
2024: €139k
2019 → 2025
Net result
€-28k
2024 · €3k
2019: €6k
2020: €2k
2021: €42k
2022: €4k
2023: €23k
2024: €3k
2019 → 2025
Working capital
€23k▼ 50.4%
2024 · €46k
2019: €41k
2020: €41k
2021: €48k
2022: €39k
2023: €50k
2024: €46k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€29k▲ 15.1%€51k▲ 79.1%€55k▲ 6.5%€27k▼ 50.3%
Operating result€60k-€12k▼ 79.5%€33k▲ 169%€9k▼ 72.4%€-22k
Net result€42k-€4k▼ 91.1%€23k▲ 503%€3k▼ 85.4%€-28k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€15k▼ 49.4%
Current assets
€106k▼ 2.0%
Equity and liabilities €122k
Equity
€27k▼ 50.3%
Debt
€94k▲ 12.5%
The debt ratio rises from 60.5% to 77.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €25k
Cash flow
€-12k▼
2024 · €19k
Solvency
22.4%▼
2024 · 39.5%
Current ratio
1.27▼
2024 · 1.74
Quick ratio
0.14▼
2024 · 0.24
Debt / equity
3.47▲
2024 · 1.53
ROE
-101.1%▼
2024 · 6.1%
ROA
-22.6%▼
2024 · 2.4%
Interest coverage
-1.12▼
2024 · 5.41
Debt
€94k▲
2024 · €84k
Debt ≤ 1 year
€84k▲
2024 · €63k
Debt > 1 year
€10k▼
2024 · €21k
Income taxes
€14▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€139k€122k▼
Fixed assets21/28€30k€15k▼
Intangible fixed assets21€740€168▼
Tangible fixed assets22/27€29k€15k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€26k€13k▼
Financial fixed assets28€124€124=
Current assets29/58€109k€106k▼
Stocks and contracts in progress3€94k€95k▲
Stocks30/36€94k€95k▲
Amounts receivable within one year40/41€4k€10k▲
Trade receivables40€515€5k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€9k€1k▼
Deferred charges and accrued income490/1€1k€147▼
Equity and liabilities
Total equity and liabilities10/49€139k€122k▼
Equity10/15€55k€27k▼
Contributions10/11€20k€20k=
Reserves13€8k€8k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€26k€-1k▼
Amounts payable17/49€84k€94k▲
Amounts payable after more than one year17€21k€10k▼
Financial debts170/4€21k€10k▼
Amounts payable within one year42/48€63k€84k▲
Current portion of amounts payable after more than one year42€24k€23k▼
Financial debts43€4k€27k▲
Credit institutions430/8€4k€27k▲
Trade debts44€22k€32k▲
Suppliers440/4€22k€32k▲
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3€7k€1k▼
Other amounts payable47/48€5k€531▼
Accrued charges and deferred income492/3-€842
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€27k€-5k▼
Operating profit (loss)9901€9k€-22k▼
Financial income75/76B€156€112▼
Recurring financial income75€156€112▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€5k€-27k▼
Income taxes67/77€1k€14▼
Profit (loss) for the period9904€3k€-28k▼
Profit (loss) for the period to be appropriated9905€3k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-1k▼
Profit (loss) brought forward from the previous period14P€23k€26k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-28k ▼929%
Net result drops to €-28k, the lowest in the series.
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €42k ▲2578%
Operating result €60k, net result €42k, both a record.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-10
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.
Directors · office · real estate
Directors
5 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, Grimbergen · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Annalaan 211853 GrimbergenGround area
320 m²
Building footprint
130 m²
Volume, LiDAR
1,256 m³
Parcel 23084A0370/00G005, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Annalaan 21, 1853 Grimbergen
since 20012.100.284.877
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0370/00G005 | Flanders | 320 m² | 1 · 130 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGrimbergen2.100.284.877
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FOX FLAMBE
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MULTI DRINKS 36
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BRASSERIE DU CONDROZ
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Of 1,582 companies in sector 46349 we hold annual accounts for 987. 509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2000
Fiscal year end31-03
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.