Syrinx
ActiveSummary
Syrinx has been active since 1990 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €44,042 and a net result of €15,377. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 2021 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▼-2
Solvency92▲+15
Growth78=
Track record92
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 0.83 in 2024; short-term debt: 32.9% and cash: 13.3% of total assets), and 32.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer 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 dateAge against the risk zone
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
67.1%
Return on assets
23.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €44,042
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
47 d late
2023
55 d late
2022
31 d early
2021
30 d late
2020
28 d late
2019
348 d late
← 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 72 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€44,042▲ 53.6%
2024 · €28,665
Total assets
€65,677▲ 19.2%
2024 · €55,116
Net result
€15,377▼ 21.0%
2024 · €19,475
Working capital
€10,376
2024 · -€4,570
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts 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
Line20212022202320242025
Operating result€5,820€6,884▲ 18.3%-€694€27,760€23,025▼ 17.1%
Net result€4,149within the sector's middle half€4,147within the sector's middle half=-€2,617within the sector's middle half€19,475within the sector's middle half€15,377within the sector's middle half▼ 21.0%
Equity€7,660within the sector's middle half▲ 118%€11,807within the sector's middle half▲ 54.1%€9,190within the sector's middle half▼ 22.2%€28,665within the sector's middle half▲ 212%€44,042within the sector's middle half▲ 53.6%
Total assets€34,997below the sector's middle half▲ 32.7%€33,967below the sector's middle half▼ 2.9%€31,396below the sector's middle half▼ 7.6%€55,116within the sector's middle half▲ 75.5%€65,677within the sector's middle half▲ 19.2%
Debt€27,337▲ 19.6%€22,159▼ 18.9%€22,206▲ 0.2%€26,451▲ 19.1%€21,635▼ 18.2%
Working capital-€943▲ 73.9%-€6,179▼ 555%-€8,914▼ 44.3%-€4,570▲ 48.7%€10,376
Solvency21.9%within the sector's middle half▲ 8.6pp34.8%within the sector's middle half▲ 12.9pp29.3%within the sector's middle half▼ 5.5pp52.0%within the sector's middle half▲ 22.7pp67.1%within the sector's middle half▲ 15.1pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,677
Fixed assets
€33,666 ▲ 1.3%
Current assets
€32,011 ▲ 46.3%
Equity and liabilities €65,677
Equity
€44,042 ▲ 53.6%
Debt
€21,635 ▼ 18.2%
Debt's share of the balance-sheet total falls from 48.0% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34,445▲
2024 · €34,220
Cash flow
€26,797▲
2024 · €25,935
Current ratio
1.48▲
2024 · 0.83
Quick ratio
0.94▲
2024 · 0.38
Debt to equity
0.49▼
2024 · 0.92
ROE
34.9%▼
2024 · 67.9%
ROA
23.4%▼
2024 · 35.3%
Interest coverage
451.32▲
2024 · 425.52
Debt ≤ 1 year
€21,635▼
2024 · €26,451
Income taxes
€7,460▼
2024 · €8,218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,695 | €3,795 | €5,332 | €6,460 | €11,420 | ▲ 76.8% |
| Other operating charges640/8 | €348 | €348 | €384 | €1,152 | €720 | ▼ 37.5% |
| Gross operating margin9900 | €9,862 | €11,026 | €5,023 | €35,372 | €35,165 | ▼ 0.6% |
| Operating profit (loss)9901 | €5,820 | €6,884 | -€694 | €27,760 | €23,025 | ▼ 17.1% |
| Financial income75/76B | €42 | €1 | €40 | €13 | €23 | ▲ 82.7% |
| Recurring financial income75 | €42 | €1 | €40 | €13 | €23 | ▲ 82.7% |
| Financial charges65/66B | €112 | €69 | €78 | €80 | €211 | ▲ 163% |
| Recurring financial charges65 | €112 | €69 | €78 | €80 | €76 | ▼ 5.1% |
| Non-recurring financial charges66B | - | - | - | - | €135 | - |
| Profit (loss) for the period before taxes9903 | €5,750 | €6,816 | -€732 | €27,693 | €22,837 | ▼ 17.5% |
| Income taxes67/77 | €1,601 | €2,669 | €1,886 | €8,218 | €7,460 | ▼ 9.2% |
| Profit (loss) for the period9904 | €4,149 | €4,147 | -€2,617 | €19,475 | €15,377 | ▼ 21.0% |
| Profit (loss) for the period to be appropriated9905 | €4,149 | €4,147 | -€2,617 | €19,475 | €15,377 | ▼ 21.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,997 | €33,967 | €31,396 | €55,116 | €65,677 | ▲ 19.2% |
| Fixed assets21/28 | €8,604 | €17,986 | €18,104 | €33,235 | €33,666 | ▲ 1.3% |
| Tangible fixed assets22/27 | €8,162 | €17,544 | €17,662 | €32,793 | €33,224 | ▲ 1.3% |
| Plant, machinery and equipment23 | €3,486 | €11,124 | €13,426 | €18,500 | €14,431 | ▼ 22.0% |
| Furniture and vehicles24 | €4,675 | €6,421 | €4,236 | €14,293 | €13,780 | ▼ 3.6% |
| Other tangible fixed assets26 | - | - | - | - | €5,013 | - |
| Financial fixed assets28 | €442 | €442 | €442 | €442 | €442 | = |
| Current assets29/58 | €26,394 | €15,980 | €13,292 | €21,881 | €32,011 | ▲ 46.3% |
| Stocks and contracts in progress3 | €10,558 | €10,558 | €10,558 | €11,713 | €11,713 | = |
| Stocks30/36 | €10,558 | €10,558 | €10,558 | €11,713 | €11,713 | = |
| Amounts receivable within one year40/41 | €3,314 | €4,446 | €1,751 | €931 | €11,236 | ▲ 1,107% |
| Trade receivables40 | €218 | €1,468 | €218 | €218 | €11,057 | ▲ 4,969% |
| Other amounts receivable41 | €3,096 | €2,978 | €1,533 | €713 | €179 | ▼ 74.9% |
| Cash at bank and in hand54/58 | €12,521 | €976 | €983 | €9,236 | €8,705 | ▼ 5.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €357 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,997 | €33,967 | €31,396 | €55,116 | €65,677 | ▲ 19.2% |
| Equity10/15 | €7,660 | €11,807 | €9,190 | €28,665 | €44,042 | ▲ 53.6% |
| Contributions10/11 | €744 | €744 | €744 | €744 | €744 | = |
| Reserves13 | €3,069 | €3,069 | €3,069 | €3,069 | €3,069 | = |
| Non-distributable reserves130/1 | €74 | €74 | €74 | €74 | €74 | = |
| Reserves not available under the articles1311 | €74 | €74 | €74 | €74 | €74 | = |
| Distributable reserves133 | €2,995 | €2,995 | €2,995 | €2,995 | €2,995 | = |
| Profit (loss) carried forward14 | €3,848 | €7,995 | €5,378 | €24,852 | €40,230 | ▲ 61.9% |
| Amounts payable17/49 | €27,337 | €22,159 | €22,206 | €26,451 | €21,635 | ▼ 18.2% |
| Amounts payable within one year42/48 | €27,337 | €22,159 | €22,206 | €26,451 | €21,635 | ▼ 18.2% |
| Trade debts44 | €2,064 | €1,285 | €1,649 | €3,180 | €8,905 | ▲ 180% |
| Suppliers440/4 | €2,064 | €1,285 | €1,649 | €3,180 | €8,905 | ▲ 180% |
| Taxes, remuneration and social security45 | €1,601 | €4,270 | €1,900 | €10,118 | €12,729 | ▲ 25.8% |
| Taxes450/3 | €1,601 | €4,270 | €1,900 | €10,118 | €12,729 | ▲ 25.8% |
| Other amounts payable47/48 | €23,672 | €16,604 | €18,657 | €13,153 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,149 | €4,147 | -€2,617 | €19,475 | €15,377 | ▼ 21.0% |
| + Depreciation and write-downs630 | €3,695 | €3,795 | €5,332 | €6,460 | €11,420 | ▲ 76.8% |
| Operating cash flow (approximation) | €7,844 | €7,942 | €2,715 | €25,935 | €26,797 | ▲ 3.3% |
| Investment in fixed assets (approximation) | - | -€13,177 | -€5,450 | -€21,591 | -€11,851 | ▲ 45.1% |
| Change in cash | - | -€11,546 | €7 | €8,254 | -€532 | ▼ 106% |
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
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Back to profitnet €19,475
Net result €19,475 after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €4,149
Net result €4,149 after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
02-08
KBO administration
Strikeout withdrawal
event 14-07-2021
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 348 days late
14-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 714 days late
14-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1079 days late
2020
31-12
Financial
Weakest financial yearnet -€4,910
Net result drops to -€4,910, the lowest in the series; recovery starts the following year.
1993
30-12
NBB filing
Annual accounts filed
fiscal year 1992 · abbreviated schema · 152 days late
SignalFinancial 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, Sint-Joost-ten-Node · 1 establishment unit since 1991
Ground area
125 m²
Building footprint
86 m²
Volume, LiDAR
1,345 m³
Parcel 21572B0034/00M000, Brussels · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Sint-Jooststraat 15, 1210 Sint-Joost-ten-Node
since 19912.051.212.874
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0034/00M000 | Brussels | 125 m² | 1 · 86 m² | 18.9 m · 6 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2024 · 1 entry · 2,950 EUR in total| Year | Entries | paid |
|---|---|---|
| 2024 | 1 | 2,950 EUR |
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Of 3,395 companies in sector 90393 we hold annual accounts for 942. 734 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded01-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442416307
Also
9925:BE0442416307
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.