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WSB Syndic

Active
Private limited companyfounded 200916 yrs activeNinoofsesteenweg 232, 1700 Dilbeek, BelgiumKBO/BCE: BE 0821.772.221
Summary

WSB Syndic has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €432,493 and a net result of €115,679. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 10958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
WSB SyndicActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Real estate agency activities
NACE 68310NACE 68311Property management for co-owned buildings (syndics) NACE 68321
1 site
Size
€1.5mtotal assets 2025
Staff
6.4 FTE
Equity
€432,493
Profit
€115,679
Turnover not published (abridged schema)
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
Gerantis · 100%
Board
5 members
Accounts filed 2 d late2 of 10 deeds read
Why 85- Liquidity: current ratio 1.40, cash €60,536, halved+ Profit of €115,679 (FY 2025)+ Founded in 2009+ Figures for FY 2025 (filed 05-02-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 55+10
equity 29.7% of total assets
Liquidity 17-4
short-term debt 70.3% · cash 4.2%
Profitability 79+1
return on assets 7.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,417 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%▲ +12.9% vs 11-2024 01-2025: < 0.1%▲ +17.1% vs 12-2024 02-2025: 0.1%▲ +36.6% vs 01-2025 03-2025: 0.4%▲ +530% vs 02-2025 04-2025: 0.3%▼ -7.9% vs 03-2025 05-2025: 0.3%● 0.0% vs 04-2025 06-2025: 0.3%▼ -1.2% vs 05-2025 07-2025: 0.3%● 0.0% vs 06-2025 08-2025: 0.3%▼ -0.3% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%▲ +5.9% vs 09-2025 11-2025: 0.3%▼ -1.8% vs 10-2025 12-2025: 0.3%▼ -5.4% vs 11-2025 01-2026: 0.5%▲ +47.9% vs 12-2025 02-2026: 0.8%▲ +65.2% vs 01-2026highest value 03-2026: 0.3%▼ -59.7% vs 02-2026 04-2026: 0.3%● 0.0% vs 03-2026 05-2026: 0.3%● 0.0% vs 04-2026 06-2026: 0.3%● 0.0% vs 05-2026 07-2026: 0.3%● 0.0% vs 06-2026 08-2026: 0.3%▲ +4.8% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%▲ +5.8% vs 09-2026
  • Profit of €115,679 (FY 2025) lowers the probability
  • Founded in 2009 lowers the probability for this profile
  • Liquidity: current ratio 1.40, cash €60,536, halved raises the probability
  • Figures for FY 2025 (filed 05-02-2026) lowers the probability
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.25 in 2024; short-term debt: 70.3% and cash: 4.2% of total assets), and 70.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 49%, liquidity 15%, profitability 75%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Profit of €115,679 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 1.40, cash €60,536, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 05-02-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
2 d late
2024
on the day
2023
1 d early
2022
1 d early
2021
on the day
2020
3 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignations: Castelmore Group NV, Gerantis Group…Permanent representatives: Jelle Geerits, Tim…
  2. Resignations: Gerantis, CASTELMORE GROUP and 2…Appointments: Gerantis, CASTELMORE GROUP and…
  3. Annual accounts filedfiscal year 2025 · abbreviated…

Key points

  • Board changedlatest change 26-08-2026 · 5 in office 5 joined · 4 left View
  • Positive: Among the best 20% on net resultsector median €10,301 · 10,946 companies €115,679 View
  • Controlled by Gerantisultimately: Castelmore Group NV 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €115,679 7 years View
  • Positive: Equity rose in 2025from €304,414 to €432,493 ▲ 42.1% View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Profit
€115,679
Solvency
29.7%
Total assets▼ 2.1%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-01-2027
  1. 26-08-2026Resignations: Castelmore Group NV, Gerantis Group NV…
  2. 02-03-2026Resignations: Gerantis, CASTELMORE GROUP and 2 others
  3. 02-02-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Real estate agency activitiesNACE 68310
Founded
24-12-2009
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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