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Sytrax

Active
Private limited companyfounded 20233 yrs activeSteenweg op Ruisbroek 257, 1620 Drogenbos, BelgiumKBO/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 6727 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410Gambling and betting activities NACE 92000
#9 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 chance 12 m
17.1%
Structure
Accounts filed 189 d late1 of 2 deeds read
Why 20- 1 financial year not filed after the legal deadline; latest accounts 189 days late; 1 of the last 3 late- 1 change of registered office in 24 months- Liquidity: current ratio 1.76- Founded in 2023Show the evidence

Checked score

Score 2024
20 / 100
Critical
Probability in this band: over 15.0%
Better than 71% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
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% (9,055 companies)
Last 24 months 11-2024: 4.2%lowest value 12-2024: 4.2%▲ +0.4% vs 11-2024 01-2025: 4.6%▲ +8.7% vs 12-2024 02-2025: 5.0%▲ +9.1% vs 01-2025 03-2025: 5.0%▼ -0.5% vs 02-2025 04-2025: 4.8%▼ -2.7% vs 03-2025 05-2025: 4.8%▼ -0.2% vs 04-2025 06-2025: 5.1%▲ +6.4% vs 05-2025 07-2025: 5.3%▲ +2.3% vs 06-2025 08-2025: 5.3%▲ +0.3% vs 07-2025 09-2025: 5.3%● 0.0% vs 08-2025 10-2025: 5.3%● 0.0% vs 09-2025 11-2025: 5.3%● 0.0% vs 10-2025 12-2025: 5.3%● 0.0% vs 11-2025 01-2026: 5.3%● 0.0% vs 12-2025 02-2026: 8.5%▲ +60.7% vs 01-2026 03-2026: 10.8%▲ +27.1% vs 02-2026 04-2026: 10.9%▲ +1.1% vs 03-2026 05-2026: 10.9%● 0.0% vs 04-2026 06-2026: 10.6%▼ -2.7% vs 05-2026 07-2026: 10.3%▼ -2.9% vs 06-2026 08-2026: 15.0%▲ +45.4% vs 07-2026 09-2026: 15.0%▼ -0.1% vs 08-2026 10-2026: 17.1%▲ +14.5% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 189 days late; 1 of the last 3 late raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 1.76 raises the probability
  • Founded in 2023 raises the probability for this profile
No credit on open account
Liquidity ample (current ratio 1.76; short-term debt: 33.6% of total assets), but 69.2% 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 49, micro). Better than this share of them on solvency 42%, liquidity 77%, profitability 94%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 189 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 1.76
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Founded in 2023
In the bankruptcy model this factor raises the probability for this 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
189 d 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 for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
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. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 189 d View
  • Positive: Oldest company in Drogenbos, Transport and storage sectorin the Checked rankings #9 View
  • Turnover 2024first fiscal year filed €111,361 View

By topic

Financials

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

Timeline

Events
2
Since
2026
  1. 02-07-2026Registered office
  2. 05-02-2026Annual accounts filed
Go to Timeline

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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