SYRINX
ActiveSummary
SYRINX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €237k and a net result of €-30k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 2.79 in 2023; short-term debt: 18.2% and cash: 0% of total assets), and 19.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
80.4%
Return on assets
-10.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-30k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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
not confirmed
2024
58 d late
2023
72 d late
2022
30 d late
2021
30 d late
2020
8 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€237k▼ 11.1%
2023 · €267k
2018: €188k
2019: €248k
2020: €225k
2021: €204k
2022: €296k
2023: €267k
2018 → 2024
Total assets
€295k▼ 16.0%
2023 · €351k
2018: €210k
2019: €279k
2020: €249k
2021: €250k
2022: €327k
2023: €351k
2018 → 2024
Net result
€-30k▼ 2.0%
2023 · €-29k
2018: €17k
2019: €60k
2020: €-23k
2021: €-22k
2022: €92k
2023: €-29k
2018 → 2024
Working capital
€121k▼ 18.6%
2023 · €149k
2018: €143k
2019: €200k
2020: €177k
2021: €189k
2022: €154k
2023: €149k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€225k-€204k▼ 9.5%€296k▲ 45.2%€267k▼ 9.9%€237k▼ 11.1%
Operating result€-28k-€17k€50k▲ 190%€-31k€-39k▼ 23.3%
Net result€-23k-€-22k▲ 7.0%€92k€-29k€-30k▼ 2.0%
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 stays negative: a loss of €39k in 2024 against €31k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €295k
Fixed assets
€120k ▲ 1.0%
Current assets
€174k ▼ 24.7%
Equity and liabilities €295k
Equity
€237k ▼ 11.1%
Debt
€58k ▼ 31.3%
Debt's share of the balance-sheet total falls from 24.0% to 19.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2023 · €-9k
Cash flow
€-325▲
2023 · €-6k
Current ratio
3.26▲
2023 · 2.79
Debt to equity
0.24▼
2023 · 0.32
ROE
-12.5%▼
2023 · -10.9%
ROA
-10.1%▼
2023 · -8.3%
Interest coverage
-2.74▲
2023 · -2.99
Debt ≤ 1 year
€53k▼
2023 · €83k
Debt > 1 year
€4k▲
2023 · €927
Income taxes
€256▼
2023 · €299
Staff costs
€77k▲
2023 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€351k€295k▼
Fixed assets21/28€119k€120k▲
Intangible fixed assets21€66k€74k▲
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€319-
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€51k€45k▼
Current assets29/58€232k€174k▼
Amounts receivable within one year40/41€227k€172k▼
Trade receivables40€93k€25k▼
Other amounts receivable41€134k€147k▲
Cash at bank and in hand54/58€519€3▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€351k€295k▼
Equity10/15€267k€237k▼
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€171k€171k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€169k€169k=
Profit (loss) carried forward14€83k€54k▼
Amounts payable17/49€84k€58k▼
Amounts payable after more than one year17€927€4k▲
Financial debts170/4€927€4k▲
Amounts payable within one year42/48€83k€53k▼
Current portion of amounts payable after more than one year42€562€647▲
Financial debts43€18k€24k▲
Credit institutions430/8€18k€24k▲
Trade debts44€41k€1k▼
Suppliers440/4€41k€393▼
Bills of exchange payable441-€864
Taxes, remuneration and social security45€24k€27k▲
Taxes450/3€17k€5k▼
Remuneration and social security454/9€7k€22k▲
Income statement
Code20232024
Remuneration, social security and pensions62€75k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€29k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€68k€69k▲
Operating profit (loss)9901€-31k€-39k▼
Financial income75/76B€6k€13k▲
Recurring financial income75€6k€13k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-29k€-29k▼
Income taxes67/77€299€256▼
Profit (loss) for the period9904€-29k€-30k▼
Profit (loss) for the period to be appropriated9905€-29k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€54k▼
Profit (loss) brought forward from the previous period14P€112k€83k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €92k
Net result €92k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €248k ▲32%
2 profitable years in a row build equity to €248k.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Aalst · 1 establishment unit since 2004
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.
Dries 509320 AalstGround area
328 m²
Building footprint
150 m²
Parcel 41047B0946/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
syrinx
since 20042.137.364.118
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41047B0946/00K000 | Flanders | 328 m² | 1 · 150 m² | - |
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.
Similar companies · same sector, comparable size
E & D SOFTWARE
BE 0457.911.264
Londerzeel · Eq €236,837
Proove
BE 0473.167.681
Antwerpen · Eq €236,928
nieuws.be
BE 0867.100.123
Gent · Eq €236,749
BeWize
BE 0792.355.089
Evere · Eq €236,713
FEATURES ANALYTICS
BE 0553.556.729
Nivelles · Eq €237,008
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 14,323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:koen.wauters@syrinx-software.be
Phone:+32472679824