NORMAL SITUATION

SYNTAX

Financial year 2023 · closed on 31/12/2023
Net result
2,8 k €
-77.0% YoY
Gross margin
9,6 k €
-55.4% YoY
Equity
90,5 k €
+3.2% YoY

Company — Normal situation.

Strike-off: 23 juin 2026

What does SYNTAX do?

SYNTAX is a Cooperative company with limited liability incorporated in 1988.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.148.631
Incorporation
15/09/1988
Legal form
Cooperative company with limited liability
Contributed capital
10 225,60 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20232022202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin9,6 k €21,5 k €8,0 k €17,7 k €6,0 k €-4,3 k €-37,0 €-12,8 k €3,5 k €-6,6 k €2,7 k €20,8 k €18,2 k €-3,6 k €10,7 k €12,0 k €7,1 k €
EBITDA9,1 k €20,3 k €7,7 k €17,4 k €5,7 k €-4,7 k €-634,5 €-13,2 k €3,1 k €-7,0 k €2,3 k €20,4 k €17,8 k €-4,0 k €10,3 k €11,6 k €6,7 k €
Operating result7,3 k €18,4 k €6,8 k €16,6 k €4,6 k €-6,5 k €-2,1 k €-16,7 k €-6,3 k €-15,8 k €-6,3 k €13,9 k €10,7 k €-11,1 k €395,6 €2,4 k €-2,3 k €
Net result2,8 k €12,3 k €4,3 k €16,3 k €4,4 k €-6,8 k €-2,1 k €-13,2 k €-4,1 k €-13,2 k €-3,3 k €12,2 k €11,6 k €-9,4 k €2,1 k €3,8 k €694,0 €
Balance sheet
Equity90,5 k €87,6 k €63,3 k €59,0 k €42,7 k €38,2 k €45,0 k €47,2 k €60,4 k €64,5 k €77,6 k €80,9 k €68,8 k €57,2 k €66,5 k €64,5 k €60,7 k €
Total assets94,3 k €103,8 k €66,8 k €62,4 k €51,6 k €42,5 k €46,1 k €47,9 k €64,3 k €66,4 k €78,7 k €88,3 k €73,9 k €72,7 k €87,6 k €92,1 k €103,8 k €
Cash2,5 k €23,1 k €15,5 k €17,5 k €9,6 k €1,9 k €664,0 €18,7 k €2,7 k €4,8 k €3,4 k €16,3 k €2,1 k €5,6 k €8,5 k €12,2 k €5,4 k €
Debts3,8 k €16,1 k €3,4 k €3,4 k €8,9 k €4,3 k €1,1 k €763,6 €4,0 k €2,0 k €1,1 k €7,4 k €5,2 k €15,6 k €21,0 k €27,7 k €43,1 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

Patrick MARTIN

Director

Active

Ended mandates

Mieke Van Dessel

Manager

Ended
Patrick MARTIN

Manager

Ended
Annual accounts

Full financial information

202320222020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202331/12/202231/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202423/08/202311/08/202127/08/202029/07/201925/07/2018
General meeting12/06/202430/06/202330/06/202130/06/202014/05/201916/05/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202312/06/202416/07/2024DutchPDF
Micro model31/12/202230/06/202323/08/2023DutchPDF
Micro model31/12/202030/06/202111/08/2021DutchPDF
Micro model31/12/201930/06/202027/08/2020DutchPDF
Micro model31/12/201814/05/201929/07/2019DutchPDF
Micro model31/12/201716/05/201825/07/2018DutchPDF
Micro model31/12/201615/06/201731/08/2017DutchPDF
Abridged model31/12/201530/06/201622/08/2016DutchPDF
Abridged model31/12/201430/06/201524/07/2015DutchPDF
Abridged model31/12/201311/06/201423/07/2014DutchPDF
Abridged model31/12/201216/04/201322/07/2013DutchPDF
Abridged model31/12/201130/06/201226/07/2012DutchPDF
Abridged model31/12/201018/05/201129/07/2011DutchPDF
Abridged model31/12/200930/04/201022/07/2010DutchPDF
Abridged model31/12/200824/02/200916/07/2009DutchPDF
Abridged model31/12/200711/06/200829/07/2008DutchPDF
Abridged model31/12/200629/05/200718/07/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

Patrick MARTIN

Director

Active

Ended mandates

Mieke Van Dessel

Manager

Ended
Patrick MARTIN

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 20232,8 k €
  2. 2022
    Annual accounts 202212,3 k €
  3. 2020
    Annual accounts 20204,3 k €
  4. 2019
    Annual accounts 201916,3 k €
  5. 2018
    Annual accounts 20184,4 k €
  6. 2017
    Annual accounts 2017-6,8 k €
  7. 2016
    Annual accounts 2016-2,1 k €
  8. 2015
    Annual accounts 2015-13,2 k €
  9. 2014
    Annual accounts 2014-4,1 k €
  10. 2013
    Annual accounts 2013-13,2 k €
  11. 2012
    Annual accounts 2012-3,3 k €
  12. 2011
    Annual accounts 201112,2 k €
  13. 2010
    Annual accounts 201011,6 k €
  14. 2009
    Annual accounts 2009-9,4 k €
  15. 2008
    Annual accounts 20082,1 k €
  16. 2007
    Annual accounts 20073,8 k €
  17. 2006
    Annual accounts 2006694,0 €
  18. 15/09/1988
    IncorporationCooperative company with limited liability