Active BE 0464.292.775Private limited company (pre-2019)

SYNAXIS, INKO

André Drouartlaan 48 ·1160 Oudergem, Belgium· 27 yrs active

Sector: Other information technology and computer services (62900)

Conclusion Checked

SYNAXIS, INKO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-23k) and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2607 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-23k
Net result	€-1k
Better than sector	5%
Active	27 yrs

Financial profile 5 of 5 axes measured · computed by Checked

47 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 8

Profitability 24

Solvency 33

Growth 72

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1998, 27 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

8 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

No credit

negative equity or figures too weak

Score history

20 2021

10 2022

30 2023

60 2024

8 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.02 (< 1.0) -10

Quick ratio Quick ratio 0.02 (< 0.6) -5

Equity Negative equity -25

Profitability ROE 5% +3

Interest coverage Interest coverage -18.4× (< 1.5×) -10

Profit trend Net profit up YoY +5

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview26 NBB filings

Annual accounts filed on 13-08-2026 with the NBB · fiscal year 2025 · abbreviated schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-2755.1%	45.9%	better than 5% of 2607 sector peers
Net result	€-1k	€24k	better than 27% of 2605 sector peers
Equity	€-23k	€141k	better than 10% of 2608 sector peers
Gross operating margin	€-605	€90k	better than 12% of 2601 sector peers
Total assets	€826	€397k	better than 5% of 2607 sector peers

Revenue

€44k

+44.9% 21-25

EBITDA

€-992

+42.5% 21-25

Net profit

€-1k

+52.0% 21-25

Cash flow

€-1k

+45.5% 21-25

Total assets

€826

-77.9% 21-25

Equity

€-23k

- 21-25

Working capital

€-23k

- 21-25

Income taxes

€120

+2.2% 21-25

Debt

€24k

+5497.7% 21-25

Debt ≤ 1y

€24k

+5497.7% 21-25

Current ratio

0.02

-99.7% 21-25

Quick ratio

0.02

-99.7% 21-25

Solvency

-2755.1%

- 21-25

Debt / equity

-1.04

- 21-25

ROE

4.7%

- 21-25

ROA

-129.8%

-116.9% 21-25

Net margin

-2.0%

+97.0% 21-25

EBITDA margin

-1.0%

+98.3% 21-25

Interest coverage

-18.38

+20.1% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	abbreviated schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	€44k	€30k
EBITDA	€-992	€-2k	€-12k	€-418	€-17k
Net profit	€-1k	€-2k	€-12k	€-874	€-20k
Cash flow	€-1k	€-2k	€-12k	€-583	€-17k
Staff costs	-	-	-	-	-
Income taxes	-	€120	-	€117	-
Dividends	-	-	-	-	-
Total assets	€826	€4k	€6k	€47k	€37k
Equity	€-23k	€3k	€6k	€-342	€532
Debt	€24k	€421	-	€47k	€37k
of which ≤ 1y	€24k	€421	-	€47k	€37k
of which > 1y	-	-	-	-	-
Working capital	€-23k	€3k	-	€-1k	€532
Employees (FTE)	-	-	-	-	-

Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	0.02	8.09	-	0.98	1.01
Quick ratio	0.02	8.09	-	0.98	1.01
Working capital ratio	-2791.4%	80.0%	-	-2.1%	1.4%
Solvency	-2755.1%	88.7%	100.0%	-0.7%	1.4%
Debt / equity	-1.04	0.13	-	-137.32	68.74
Long-term debt ratio	-	-	-	-	-
Interest coverage	-18.38	-23.00	-252.25	-8.72	-323.97
Gross margin	-	-	-	-17.5%	-56.1%
Net margin	-	-	-	-2.0%	-65.9%
ROA	-129.8%	-59.9%	-224.7%	-1.9%	-53.8%
ROE	4.7%	-67.5%	-224.7%	255.5%	-3752.6%
EBITDA margin	-	-	-	-1.0%	-55.6%
Days sales outstanding	-	-	-	233d	358d
Days payable outstanding	-	-	-	26d	76d
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €300 · 36.3% Current assets €526 · 63.7%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€826	€4k	€6k	€47k	€37k
Fixed assets	21/28	€300	€326	€643	€659	-
Tangible fixed assets	22/27	-	€26	€343	€659	-
Financial fixed assets	28	€300	€300	€300	-	-
Current assets	29/58	€526	€3k	€5k	€46k	€37k
Amounts receivable within one year	40/41	-	-	€4k	€29k	€31k
Cash & bank	54/58	€526	€3k	€1k	€17k	€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€826	€4k	€6k	€47k	€37k
Equity	10/15	€-23k	€3k	€6k	€-342	€532
Contributions / capital	10/11	€19k	€19k	€19k	€19k	€19k
Reserves	13	€2k	€2k	€2k	€2k	€2k
Accumulated profits (losses)	14	€-43k	€-42k	€-40k	€-46k	€-45k
Amounts payable	17/49	€24k	€421	-	€47k	€37k
Amounts payable within one year	42/48	€24k	€421	-	€47k	€37k
Trade debts payable within one year	44	-	-	-	€4k	€10k
Income statement
Turnover	70	-	-	-	€44k	€30k
Gross operating margin	9900	€-605	€-1k	€-11k	€264	€-16k
Operating result	9901	€-1k	€-2k	€-12k	€-709	€-20k
Financial charges	65	€54	€75	€48	€48	€52
Result before taxes	9903	€-1k	€-2k	€-12k	€-757	€-20k
Income taxes	67/77	-	€120	-	€117	-
Net result for the period	9904	€-1k	€-2k	€-12k	€-874	€-20k
Result to be appropriated	9905	€-1k	€-2k	€-12k	€-874	€-20k

Legal Structure

NACE primary	Other information technology and computer services(62900)
Legal form	Private limited company (pre-2019)(015)
Incorporation	06-10-1998
Status	Active
Postal code	1160

Establishment units 1 location

Antoine Nysstraat 84, 1070 Anderlecht

Raising of dairy cattle

since 19982.089.093.354

Real-estate footprint Source: CBE × cadastre

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21308H0375/00S000	Brussels	196 m²	1 · 62 m²	13.8 m · 4 fl.
21002A0104/00W002	Brussels	121 m²	1 · 50 m²	11.6 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 10Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-08