SYTHO SERVICES
ActiveSYTHO SERVICES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €15k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 55% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-21
Solvency65▼-32
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 4.08 in 2024; short-term debt: 34.8% and cash: 18.4% of total assets), but 59.9% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
40.1%
Return on assets
7.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
8 d early
2023
55 d early
2022
4 d early
2021
11 d late
2020
2 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▲ 22.7%
2024 · €65k
2020: €33k
2021: €43k
2022: €51k
2023: €44k
2024: €65k
2020 → 2025
Total assets
€200k▲ 121%
2024 · €90k
2020: €85k
2021: €95k
2022: €91k
2023: €73k
2024: €90k
2020 → 2025
Net result
€15k▼ 31.0%
2024 · €22k
2020: €30k
2021: €9k
2022: €8k
2023: €17k
2024: €22k
2020 → 2025
Working capital
€38k▼ 42.8%
2024 · €66k
2020: €11k
2021: €23k
2022: €44k
2023: €41k
2024: €66k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€51k▲ 18.9%€44k▼ 13.8%€65k▲ 49.2%€80k▲ 22.7%
Operating result€13k-€12k▼ 5.3%€24k▲ 103%€34k▲ 39.5%€24k▼ 28.5%
Net result€9k-€8k▼ 14.8%€17k▲ 110%€22k▲ 27.2%€15k▼ 31.0%
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 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200k
Fixed assets
€93k▲ 3,631%
Current assets
€108k▲ 22.5%
Equity and liabilities €200k
Equity
€80k▲ 22.7%
Debt
€120k▲ 380%
The debt ratio rises from 27.6% to 59.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▲
2024 · €35k
Cash flow
€31k▲
2024 · €23k
Solvency
40.1%▼
2024 · 72.4%
Current ratio
1.54▼
2024 · 4.08
Quick ratio
0.83▼
2024 · 3.80
Debt / equity
1.49▲
2024 · 0.38
ROE
18.5%▼
2024 · 33.0%
ROA
7.4%▼
2024 · 23.9%
Interest coverage
21.03▼
2024 · 90.44
Debt
€120k▲
2024 · €25k
Debt ≤ 1 year
€70k▲
2024 · €22k
Debt > 1 year
€50k
Income taxes
€7k▼
2024 · €12k
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€90k€200k▲
Fixed assets21/28€2k€93k▲
Tangible fixed assets22/27€2k€93k▲
Plant, machinery and equipment23€2k€700▼
Furniture and vehicles24€673€92k▲
Current assets29/58€88k€108k▲
Stocks and contracts in progress3€6k€50k▲
Stocks30/36€6k€50k▲
Amounts receivable within one year40/41€15k€21k▲
Trade receivables40€15k€12k▼
Other amounts receivable41-€9k
Cash at bank and in hand54/58€66k€37k▼
Deferred charges and accrued income490/1€814-
Equity and liabilities
Total equity and liabilities10/49€90k€200k▲
Equity10/15€65k€80k▲
Contributions10/11€3k€3k=
Reserves13€42k€56k▲
Distributable reserves133€42k€56k▲
Profit (loss) carried forward14€20k€21k▲
Amounts payable17/49€25k€120k▲
Amounts payable after more than one year17-€50k
Financial debts170/4-€50k
Amounts payable within one year42/48€22k€70k▲
Current portion of amounts payable after more than one year42-€14k
Trade debts44€2k€278▼
Suppliers440/4€2k€278▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€968▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€8k€53k▲
Accrued charges and deferred income492/3€3k€450▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€16k▲
Other operating charges640/8€463€1k▲
Gross operating margin9900€35k€41k▲
Operating profit (loss)9901€34k€24k▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€387€2k▲
Recurring financial charges65€387€2k▲
Profit (loss) for the period before taxes9903€33k€22k▼
Income taxes67/77€12k€7k▼
Profit (loss) for the period9904€22k€15k▼
Profit (loss) for the period to be appropriated9905€22k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€35k▼
Profit (loss) brought forward from the previous period14P€19k€20k▲
Transfer to equity691/2€20k€14k▼
To other reserves6921€20k€14k▼
The notes to these accounts (6 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
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €8k ▼14.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Meise · 1 establishment unit since 2019
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.
Van Immerseellaan 121860 MeiseGround area
589 m²
Building footprint
83 m²
Volume, LiDAR
422 m³
Parcel 23050G0242/00D004, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SYTHO SERVICES
since 20192.295.023.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050G0242/00D004 | Flanders | 589 m² | 1 · 83 m² | 7.8 m · 2 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.
Similar companies · same sector, comparable size
VERHOYE SERVICE
BE 1002.362.366
Menen · Eq €80k
Caribel
BE 0817.219.654
Vilvoorde · Eq €80k
RODECQ
BE 0424.219.107
Namur · Eq €80k
P.Hcarservice
BE 0548.989.118
Wommelgem · Eq €80k
Fine CLassics
BE 0533.740.124
Knokke-Heist · Eq €80k
Of 10,674 companies in sector 47811 we hold annual accounts for 5,223. 3,549 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2019
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
82100Office administrative and support services
82110Office administrative, office support and other business support activities
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.