Result
€931,283 ▲ 31×
The result rose in 2024 from €30,200 to €931,283.
SYROS
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989Gross marginpeak €1.5m (2019)
-not published
Resultlowest -€1.2m (2022)
€931,283▲ 31×
Equitypeak €2.3m (2021)
€2.1m▲ 79.9%
Debts
€9.8m▲ 14.4%
Staffpeak 35.7 FTE (2024)
35.7 FTE▲ 12.6%
Board9 names since 2023
2 directorsBONIFACE Michelle and 1 other
Owners3 names in the annual accounts
30%BOHEMA and 1 other
Documentsfilings and deeds
22-08-202522 days late
2024financial year
Result from €30,200 to €931,283Staff from 31.7 FTE to 35.7 FTEEquity from €1.2m to €2.1m1 establishment registered
Key points
from the 2024 annual accountsDebts
€9.8m 82% of the balance sheet
Financial debts 47%Suppliers 39%Taxes and wages 3%Other 11%
€4.8m of the debts are secured on the company's own assets. In 2021 that was €5.2m.
Securities
€2.1m
Mandates to pledge the business, new in 2024. 1.0 times equity · not in the 2023 accounts.
Staff
38 employees on 31-12-2024
In 2024, 11 people joined and 8 left. On top of that, 13.7 agency workers worked there on average.
Filings
36 annual accounts 97 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
1 joined · 1 left
Board changed. Latest change 29-05-2026 · 2 in office.
Checked score
39
Weak
Financially stronger than 43% of small companies in wholesale trade (NACE 46)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,375 companies (NACE 46, small).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.1%▲ +0.1 percentage points vs 12-2024
02-2025: 1.0%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 1.7%▲ +0.7 percentage points vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 2.0%▲ +0.3 percentage points vs 04-2025
06-2025: 2.1%▲ +0.1 percentage points vs 05-2025
07-2025: 2.2%▲ +0.1 percentage points vs 06-2025
08-2025: 2.8%▲ +0.6 percentage points vs 07-2025
09-2025: 1.2%▼ -1.6 percentage points vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.4%▲ +0.2 percentage points vs 04-2026
06-2026: 1.5%▲ +0.1 percentage points vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 2.0%▲ +0.5 percentage points vs 07-2026
09-2026: 2.6%▲ +0.6 percentage points vs 08-2026
10-2026: 4.5%▲ +1.9 percentage points vs 09-2026highest value
11-2026: 4.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 26-08-2025)
1 change of registered office in 24 months
Liquidity: current ratio 1.10, cash €559,375
Equity €2.1m (17.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 19% of them on solvency, 10% on liquidity, 57% on profitability and 85% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as SYROS has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of SYROS itself is higher: 4.5% within 12 months. It rests on far more data about SYROS than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for SYROS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €80,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.1 (1.16 in 2023), below the usual 1.5. Short-term debt is 80.3% and cash 4.7% of total assets. 82.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6063 sector peers (2024).
NBB · sector comparisonPosition among 6063 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 22 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
22 days late
2023
20 days early
2022
31 days late
2021
13 days early
2020
143 days late
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 23 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- BOHEMA 30%31-03-2024 annual accounts of BOHEMA
- MAVESTE 30%equity €3.1m (2025) · 31-03-2024 annual accounts of MAVESTE
- Jean-Marie Boels 28%annual accounts 2021
Recent changes
Resignation: Wim Destoop (director)
Appointment: Rian Johannes Du Toit (director) · General meeting of 28-05-2026 · Gazette deed
Amendment of the articles
General meeting of 30-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436906014
Registered office moved from Jabbeke to Wingene
New registered office: Gravestraat 9G, 8750 Wingene, België · Previous registered office: Weststraat 32, 8490 Jabbeke, België · Board meeting of 22-01-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| SYROS Wingene | €24.8m | 4.9% | 17.6% | 35.7 |
| FRESH SPEGELAERE Gistel | €30.9m | -2.5% | 24.8% | 29.5 |
| HORECASERVICE NEVEJAN Alveringem | €17.3m | 2.0% | 44.0% | 26.3 |
| DEVLIEGER Filip Knokke-Heist | €25.8m | 1.2% | 73.0% | 45.8 |
| PITTMAN SEAFOODS Bruges | €49.9m | 3.5% | 59.5% | 26.7 |
| Oxfam Fairtrade Ghent | €17.7m | -2.7% | 14.6% | 30.7 |
| BIDFOOD MAKADY Dilbeek | €36.6m | 6.1% | 42.5% | 47.4 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SYROS: non-specialised wholesale (NACE 46392). They are comparable in size and age: total assets between €7.9m and €17m, founded between 1990 and 1996.
Official details
Source: KBO- Status
- Active since 07-03-1989Normal situation
- Activity
- Non-specialised wholesaleNACE 46392
- Joint committees
- 200Auxiliary committee for white-collar workers
- 119Food trade · annual accounts 2024
- Establishment units
- 2.042.609.9648750 Wingene, since 17-03-1989
- 2.318.420.9528400 Ostend, since 01-06-2021and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2024
- Total assets
- €11.9m▲ 11.5%
- Employeeson 31-12-2024
- 38▲ 5.6%
- Filing
- Filed on 22-08-2025
Insights on SYROS
SYROS has existed since 1989. The gross margin fell from €366,342 in 2009 to €182,505 in 2010.
Solvency rose in 2024 from 10.9% to 17.6% because of the retained profit.
In January 2025, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SYROS
- What is the company number of SYROS?
- The company number of SYROS is 0436.906.014. The VAT number is the same number with BE in front: BE 0436.906.014.
- Where is SYROS based?
- The registered office is at Gravestraat 9G, 8750 Wingene.Company details
- What does SYROS do?
- According to the KBO register, the main activity is non-specialised wholesale (NACE 46392).
- What is the legal form of SYROS?
- SYROS is a public limited company (NV).
- When was SYROS founded?
- SYROS was founded on 07-03-1989.
- Is SYROS still active?
- Yes, SYROS is an active enterprise in the KBO register.
- How many employees does SYROS have?
- SYROS had an average of 35.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does SYROS fall under?
- In its 2024 annual accounts, SYROS states joint committees 200 (Auxiliary committee for white-collar workers) and 119 (Food trade).
- What is the turnover of SYROS?
- The turnover of SYROS was €24.8m in financial year 2024, according to the filed annual accounts.
- Is SYROS profitable?
- In financial year 2024, SYROS made a profit of €931,283.
- Where can I find the annual accounts of SYROS?
- SYROS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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