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Sytrax

Active
Private limited companyfounded 2023active for 3 yearsSteenweg op Ruisbroek 257, 1620 Drogenbos, Belgium262 active companies are registered at this addressKBO/BCE: BE 0803.907.987
Summary

The computed 12-month bankruptcy probability of Sytrax is 17.1% (high). The 2024 annual accounts show equity of €25,176 and a net result of €25,176. Its solvency ranks better than 43% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410Gambling and betting activities NACE 92000
9th oldest company in Drogenbos, Transport and storage sector1 site
Size
€111,361turnover 2024
Equity
€25,176
Profit
€25,176
Financial health
20 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
17.1%
Structure
Accounts filed 189 days late1 of 2 deeds read
Why 20raises risk1 financial year not filed after the legal deadline; latest accounts 189 days late; 1 of the last 3 late1 change of registered office in 24 monthsLiquidity: current ratio 1.76Founded in 2023Show the evidence

Checked score

Score 2024
20 / 100
Critical
Probability in this band: over 15.0%
Financially better than 71% of its sector peers (NACE 49, micro)
Financial strength
Strong
Solvency 56
equity 30.8% of total assets
Liquidity 71
short-term debt 33.6%
Profitability 100
return on assets 30.8%
Bankruptcy probability, 12 months
17.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,079 companies, NACE 49, micro)
Last 24 months 11-2024: 4.2%lowest value 12-2024: 4.2%● unchanged vs 11-2024 01-2025: 4.6%▲ +0.4 percentage points vs 12-2024 02-2025: 5.0%▲ +0.4 percentage points vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 4.8%▼ -0.2 percentage points vs 03-2025 05-2025: 4.8%● unchanged vs 04-2025 06-2025: 5.1%▲ +0.3 percentage points vs 05-2025 07-2025: 5.3%▲ +0.2 percentage points vs 06-2025 08-2025: 5.3%● unchanged vs 07-2025 09-2025: 5.3%● unchanged vs 08-2025 10-2025: 5.3%● unchanged vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 5.3%● unchanged vs 11-2025 01-2026: 5.3%● unchanged vs 12-2025 02-2026: 8.5%▲ +3.2 percentage points vs 01-2026 03-2026: 10.8%▲ +2.3 percentage points vs 02-2026 04-2026: 10.9%▲ +0.1 percentage points vs 03-2026 05-2026: 10.9%● unchanged vs 04-2026 06-2026: 10.6%▼ -0.3 percentage points vs 05-2026 07-2026: 10.3%▼ -0.3 percentage points vs 06-2026 08-2026: 15.0%▲ +4.7 percentage points vs 07-2026 09-2026: 15.0%● unchanged vs 08-2026 10-2026: 17.1%▲ +2.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 1.76, above the usual 1.5; short-term debt: 33.6% of total assets), but 69.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 42% on solvency, 77% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 16-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 189 days late; 1 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.76
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-02-2026, 189 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
189 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 189 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 189 days View
  • Positive: 9th oldest company in Drogenbos, Transport and storage sectorin the Checked rankings No. 9 View
  • Turnover 2024first financial year filed €111,361 View

By topic

Financials

Financial year
2024
Turnover
€111,361
Profit
€25,176
Solvency
30.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
13-07-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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