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SYVACO KOELTECHNIEK

Active
Private limited companyfounded 2007active for 19 yearsVladslostraat 12, 8680 Koekelare, BelgiumKBO/BCE: BE 0890.603.124

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SYVACO KOELTECHNIEK has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,821 and a net result of €20,431. Equity has been growing by about 3.1% per year since 2018. Its solvency ranks better than 66% of 255 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 05-07-2007 Normal situation
Activity
Manufacture of electrical equipment NACE 27510and 4 others
Establishment unit
2.164.174.918 8680 Koekelare, since 03-08-2007
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€37,805
▲ 248×
Turnover
≈ €150,000
estimated
Profit
€20,431
Equity
€136,821
▲ 17.6%
Total assets
€213,779
▲ 11.7%
Filed on 27-08-2026, 27 days after the deadlineat the National Bank
Score breakdownraises riskSector: Manufacture of electrical equipment (NACE 27)lowers riskFounded in 2007Liquidity: current ratio 1.09, cash €37,653Equity €136,821 (64.0% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in electrical equipment (NACE 27)
Financial strength · tick: 2024
Strong
Solvency 89+3
equity 64.0% of total assets
Liquidity 58+13
short-term debt 33.0% · cash 17.6%
Profitability 81+72
return on assets 9.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (438 companies, NACE 27, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 0.4%▼ -0.6 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.1%▼ -0.7 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (0.69 in 2024), below the usual 1.5. Short-term debt is 33% and cash 17.6% of total assets. 36% of the assets are financed with debt and provisions.
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 27, micro). It does better than 68% of them on solvency, 60% on liquidity, 69% on profitability and 71% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.09, cash €37,653
NBB · annual accounts
lowers risk · Equity €136,821 (64.0% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of electrical equipment (NACE 27)
KBO
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filings
Deviation from the deadline
2025
27 days late
2024
28 days late
2023
12 days early
2022
11 days early
2021
31 days late
2020
12 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 10th oldest company in Koekelare, Manufacturing sectorin the Checked rankings No. 10 View

Comparable companies

These companies have the same main activity as SYVACO KOELTECHNIEK: manufacture of electrical equipment (NACE 27510). They are comparable in size and age: total assets between €85,600 and €202,000, founded between 1970 and 2019.

CompanyTotal assetsGross margin
SYVACO KOELTECHNIEK Koekelare€213,779€37,805
CQS Enghien€161,086€68,936
HD-Engineering Lierde€85,597€39,629
LHM ELEKTRONICS Geel€115,491€53,944
HYGGE MOTION Menen€202,137€22,150
VAN LOON Essen€177,829€42,438
Three Cool Deinze€187,991€19,538
Full comparison

Documents

Annual accounts at the NBB

All 18 annual accounts

Articles and registers

Key facts about SYVACO KOELTECHNIEK

What is the company number of SYVACO KOELTECHNIEK?
The company number of SYVACO KOELTECHNIEK is 0890.603.124. The VAT number is the same number with BE in front: BE 0890.603.124.
Where is SYVACO KOELTECHNIEK based?
The registered office is at Vladslostraat 12, 8680 Koekelare.Company details
What does SYVACO KOELTECHNIEK do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27510).
What is the legal form of SYVACO KOELTECHNIEK?
The legal form of SYVACO KOELTECHNIEK is Private limited company (BV).
When was SYVACO KOELTECHNIEK founded?
SYVACO KOELTECHNIEK was founded on 05-07-2007.
Is SYVACO KOELTECHNIEK still active?
Yes, SYVACO KOELTECHNIEK is an active enterprise in the KBO register.
What is the turnover of SYVACO KOELTECHNIEK?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €37,805 and 2,949 comparable companies of the same size. It probably lies between €91,000 and €270,000. It is a rough estimate.Financials
Is SYVACO KOELTECHNIEK profitable?
In financial year 2025, SYVACO KOELTECHNIEK made a profit of €20,431.
Where can I find the annual accounts of SYVACO KOELTECHNIEK?
SYVACO KOELTECHNIEK filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SYVACO KOELTECHNIEK due?
SYVACO KOELTECHNIEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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