DE SYNDIC
ActiveSummary
DE SYNDIC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €12k. Equity is growing by ~40.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-8
Solvency53▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.0 in 2024; short-term debt: 72.4% and cash: 25.7% of total assets), and 72.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.6%
Return on assets
3.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-12-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
42 d early
2023
42 d early
2022
40 d early
2021
325 d late
2020
44 d early
2019
38 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€97k▲ 13.5%
2024 · €85k
2019: €-275k
2020: €-177k
2021: €-334k
2022: €-233k
2023: €54k
2024: €85k
2019 → 2025
Total assets
€352k▲ 9.0%
2024 · €322k
2019: €633k
2020: €424k
2021: €405k
2022: €422k
2023: €570k
2024: €322k
2019 → 2025
Net result
€12k▼ 63.4%
2024 · €32k
2019: €-124k
2020: €98k
2021: €-157k
2022: €101k
2023: €286k
2024: €32k
2019 → 2025
Working capital
€24k▲ 3,309%
2024 · €703
2019: €-130k
2020: €-25k
2021: €36k
2022: €10k
2023: €225k
2024: €703
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-334k-€-233k▲ 30.3%€54k€85k▲ 58.5%€97k▲ 13.5%
Operating result€-155k-€106k€276k▲ 160%€-24k€-21k▲ 11.4%
Net result€-157k-€101k€286k▲ 184%€32k▼ 89.0%€12k▼ 63.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€73k ▼ 13.8%
Current assets
€279k ▲ 17.2%
Equity and liabilities €352k
Equity
€97k ▲ 13.5%
Debt
€255k ▲ 7.4%
Debt's share of the balance-sheet total falls from 73.5% to 72.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-7k
Cash flow
€30k▼
2024 · €48k
Current ratio
1.09▲
2024 · 1.00
Debt to equity
2.63▼
2024 · 2.78
ROE
11.9%▼
2024 · 36.9%
ROA
3.3%▼
2024 · 9.8%
Interest coverage
-0.52▲
2024 · -3.86
Debt ≤ 1 year
€255k▲
2024 · €237k
Income taxes
€5k▲
2024 · €3k
Staff costs
€1.63M▲
2024 · €1.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€322k€352k▲
Fixed assets21/28€85k€73k▼
Intangible fixed assets21€25k€17k▼
Tangible fixed assets22/27€49k€46k▼
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€34k€33k▼
Financial fixed assets28€10k€10k=
Current assets29/58€238k€279k▲
Amounts receivable within one year40/41€202k€188k▼
Trade receivables40€202k€188k▼
Cash at bank and in hand54/58€36k€90k▲
Equity and liabilities
Total equity and liabilities10/49€322k€352k▲
Equity10/15€85k€97k▲
Contributions10/11€500k€500k=
Profit (loss) carried forward14€-415k€-403k▲
Amounts payable17/49€237k€255k▲
Amounts payable within one year42/48€237k€255k▲
Trade debts44€23k€120k▲
Suppliers440/4€23k€120k▲
Taxes, remuneration and social security45€114k€131k▲
Taxes450/3-€5k
Remuneration and social security454/9€114k€126k▲
Other amounts payable47/48€100k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€1.47M€1.63M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€26k€41k▲
Other operating charges640/8€5k€27k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€1.50M€1.70M▲
Operating profit (loss)9901€-24k€-21k▲
Financial income75/76B€60k€41k▼
Recurring financial income75€2k€2▼
Non-recurring financial income76B€58k€41k▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€34k€16k▼
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€32k€12k▼
Profit (loss) for the period to be appropriated9905€32k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-415k€-403k▲
Profit (loss) brought forward from the previous period14P€-446k€-415k▲
Social balance
Average headcount (FTE)908725.626.7▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
State Gazette act
Resignations: Filip Dewaele, Stefaan Coucke and Hannes VerdoodtAppointments: Sirius B BV (class A director) and Gerantis NV (class A director) · Permanent representatives: Jelle Geerits and Annemieke Van Pelt · Mandate compensation14 facts ▸
State Gazette act
Resignations: Filip Dewaele, Stefaan Coucke and Hannes Verdoodt
Appointments: Sirius B BV (class A director) and Gerantis NV (class A director) · Permanent representatives: Jelle Geerits and Annemieke Van Pelt · Mandate compensation14 facts ▸
- General meeting, 07/07/2026
- Board meeting, 09/07/2026
- Director resignation, Filip Dewaele (director)
- Director resignation, Stefaan Coucke (director)
- Director resignation, Hannes Verdoodt (director)
- Director appointment, Sirius B BV (class A director)
- Permanent representative, Jelle Geerits
- Director appointment, Gerantis NV (class A director)
- Permanent representative, Annemieke Van Pelt
- Mandate compensation, Sirius B BV
- Mandate compensation, Gerantis NV
- Director resignation, Filip Dewaele (managing director)
- +2 further facts in this act
23-07
State Gazette act
Restructuring · MiscellaneousDemerger · Accounting effect · Power of attorney7 facts ▸
State Gazette act
Restructuring · Miscellaneous
Demerger · Accounting effect · Power of attorney7 facts ▸
- Board meeting, 04-05-2026
- Board meeting, 18-06-2026
- Board meeting, 18-06-2026
- Demerger, B2B-syndicusactiviteiten (beheer van gemeenschappelijke eigendom van bedrijfsgebouwen, kantoren, KMO-parken, hotels, winkelcentra)
- Accounting effect, 01-07-2026
- Power of attorney, DEWAELE Filip
- Power of attorney, COUCKE Stefaan
13-05
State Gazette act
RestructuringDemerger · Power of attorney · Proposal date3 facts ▸
State Gazette act
Restructuring
Demerger · Power of attorney · Proposal date3 facts ▸
- Demerger, overdracht van B2B syndicus-activiteiten
- Power of attorney, Filip Dewaele
- Proposal date, 04-05-2026
2025
21-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €286k ▲184%
Operating result €276k, net result €286k, both a record.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 325 days late
30-06
Financial
Back to profitnet €101k
Net result €101k after one loss-making year.
2021
30-06
Financial
Weakest financial yearnet €-157k ▼260%
Net result drops to €-157k, the lowest in the series; recovery starts the following year.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
30-06
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Gerantis
CurrentClass A director · since 07-07-2026 · Public limited company · perm. rep.: Annemieke Van Pelt
Sirius B
CurrentClass A director · since 07-07-2026 · Private limited company · perm. rep.: Jelle Geerits
09-07-2026
Filip Dewaele: Resigned as Managing director
07-07-2026
Gerantis: Appointed as Class A director
07-07-2026
Sirius B: Appointed as Class A director
07-07-2026
Filip Dewaele: Resigned as Director
07-07-2026
Stefaan Coucke: Resigned as Director
Location & real-estate footprint
Registered office, Brugge · 8 establishment units since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hendrik Brugmansstraat 28000 BruggeGround area
5.3 ha
Building footprint
4.2 ha
Volume, LiDAR
649,243 m³
8 parcels, Brussels, Flanders · tallest building 34.0 m, ±6 floors. Linked by address, not a title deed.
8 establishment units
DE SYNDIC
since 20102.186.918.052
DE SYNDIC
since 20112.204.609.070
DE SYNDIC
since 20132.229.031.393
DE SYNDIC
since 20142.252.640.995
DE SYNDIC
since 20142.252.640.896
DE SYNDIC
since 20182.277.792.206
Show 2 more locations
DE SYNDIC
since 20212.311.861.574
DE SYNDIC
since 20212.319.034.626
8 parcels
Flanders
7
(87.5%)
Brussels
1
(12.5%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0441/00B000 | Brussels | 4.4 ha | 1 · 3.9 ha | 34.0 m · 6 fl. |
| 41342B0950/00K002 | Flanders | 3,791 m² | 1 · 1,152 m² | 14.4 m · 4 fl. |
| 31512B0005/11R003 | Flanders | 3,068 m² | 1 · 855 m² | 14.6 m · 3 fl. |
| 36503C1656/00K000 | Flanders | 513 m² | 1 · 295 m² | 19.9 m · 5 fl. |
| 38342G0591/00B000 | Flanders | 319 m² | 1 · 259 m² | 19.4 m · 5 fl. |
| 34022G0456/02A000 | Flanders | 300 m² | 1 · 300 m² | 20.2 m · 3 fl. |
| 35013A1657/00Y028 | Flanders | 195 m² | 1 · 195 m² | 24.0 m · 4 fl. |
| 44803C0897/00E000 | Flanders | 145 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 7
8 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
8 connected companiesLinked via shared directors
Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Show 4 more companies with a shared director
Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Acquisitions and mergers
2 transactionsContributed a branch of activity to:TURNER
Split off to:TUNER
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 4,380 EUR awarded · 4,380 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 690 EUR | 690 EUR |
| 2024 | 1 | 3,397 EUR | 3,397 EUR |
| 2023 | 2 | -6,647 EUR | 54 EUR |
| 2022 | 2 | 6,940 EUR | 239 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Similar companies · same sector, comparable size
remand
BE 0882.631.308
Zaventem · Eq €97,102
GESTION COM - FOR
BE 0432.086.104
Lasne · Eq €97,217
AGEM VASTGOEDBEHEERDERS
BE 0425.282.345
Brugge · Eq €96,627
Schreiber Louis-Alexandre
BE 0794.477.609
Schaarbeek · Eq €97,748
ATTENHOVEN TRUST
BE 0433.255.646
Holsbeek · Eq €97,821
Of 3,768 companies in sector 68321 we hold annual accounts for 1,391. 985 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2010
Fiscal year end30-06
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
68310Real estate agency activities
81100Combined facilities support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.