ACTIVE

SYNACO

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Financial year 2025 · Closed on 31/12/2025

Net result-117,3 k €-1 466,2 %over 1 year

Gross margin399,1 k €-15,6 %over 1 year

Equity408,8 k €-22,3 %over 1 year

Workforce6,8 ETP+4,6 %over 1 year

Identity

Source · BCE/KBO

SYNACO is a Public limited company incorporated in 1993. Its main activity is: Manufacture of other chemical products n.e.c.. Its registered office is in Ans. It employs on average 6,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.363.269
Incorporation: 08/11/1993
Legal form: Public limited company
Registered office: Rue des Technologies 2 box B
4432 Ans · WallonieSee on map
Contributed capital: 181 948,40 €
Latest accounts: 31/12/2025
Average workforce: 6,8 ETP

Activities (NACE)

20590Manufacture of other chemical products n.e.c.· main 46460Wholesale of pharmaceutical goods 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles 51460Air transport 51550Air transport+1

Joint committees (4)

100
116
207
20700

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	399,1 k €	-15.6%	473,1 k €	+26.6%	373,7 k €	-32.6%	554,4 k €	+5.9%	523,6 k €
EBITDA	41,8 k €	-69.3%	136,4 k €	+74.9%	78 k €	-69.4%	255,3 k €	+12.6%	226,8 k €
Operating result	-86,6 k €	-396%	29,3 k €	+208%	-27,1 k €	-117%	159,9 k €	+34.5%	118,9 k €
Net result	-117,3 k €	-1466%	-7,5 k €	+85.6%	-52,1 k €	-148%	107,6 k €	+45.1%	74,2 k €
Balance sheet
Equity	408,8 k €	-22.3%	526,2 k €	-1.4%	533,6 k €	-8.9%	585,7 k €	+14.3%	512,4 k €
Total assets	1,2 M €	-12.0%	1,4 M €	-0.2%	1,4 M €	+4.0%	1,3 M €	-9.9%	1,5 M €
Cash	77,3 k €	+14.6%	67,5 k €	+4.9%	64,3 k €	-40.2%	107,6 k €	-14.4%	125,7 k €
Debts	808,7 k €	-5.7%	857,5 k €	+0.5%	853,4 k €	+14.0%	748,5 k €	-22.6%	967,3 k €
Other
Workforce	6,8 ETP	+4.6%	6,5 ETP	+12.1%	5,8 ETP	+1.8%	5,7 ETP	-6.6%	6,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GEOFFROY DIEU	Directorsince 22/06/2026
RAPHAEL MIRGAUX	Director
YSAPSYN0729.534.723Represented by Pascale Azzam	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARTESYN0897.455.777Represented by Pascale AZZAM	Director14/01/2021 → 2024 accountsManaging directorlisted until the 2020 accounts
NOSHAQ PARTNERS0808.219.836Represented by Marie BRAUN	Director01/01/2021 → 2021 accounts

Other companies at this address

Rue des Technologies 2 4432 Ans

Company	CBE no.
DECHESNE pumps● Active	0440.190.156
L'ATELIER DU FROID● Active	0874.352.951
SYNACO HOLDING● Liquidation	0424.990.553

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	30/06/2025	24/07/2024	12/07/2023	26/07/2022	22/06/2021
General meeting	18/05/2026	16/06/2025	05/06/2024	30/06/2023	30/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	28/08/2026	French	PDF
Abridged model	31/12/2024	16/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	12/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	26/07/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	22/06/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	14/08/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	11/06/2018	09/08/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	14/07/2008	French	PDF
Abridged model	31/12/2006	11/06/2007	22/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GEOFFROY DIEU	Directorsince 22/06/2026
RAPHAEL MIRGAUX	Director
YSAPSYN0729.534.723Represented by Pascale Azzam	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARTESYN0897.455.777Represented by Pascale AZZAM	Director14/01/2021 → 2024 accountsManaging directorlisted until the 2020 accounts
NOSHAQ PARTNERS0808.219.836Represented by Marie BRAUN	Director01/01/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/08/2026
Nomination d'administrateurs
PDF
Mandates23/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/05/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office14/01/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office07/03/2019
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/01/2017
Ontslag en benoeming bestuurders
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

GEOFFROY DIEU

YSAPSYN

RAPHAEL MIRGAUX

ARTESYN

NOSHAQ PARTNERS

Hélène Fabry

Chantal Azzam

Pascale AZZAM

Carole AZZAM

Ismaël HURTREL

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

SYNACO

Rue des Technologies 2 bte B, 4432 Alleur

Director

DirectorManaging director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Technologies 2 bte B, 4432 AlleurCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00490667

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SYNACOCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00490667

Events

2025
Annual accounts 2025-117,3 k €↓
2024
Annual accounts 2024-7,5 k €↑
2023
Annual accounts 2023-52,1 k €↓
2022
Annual accounts 2022107,6 k €↑
2021
Annual accounts 202174,2 k €↓
2020
Annual accounts 2020111,3 k €↓
2019
Annual accounts 2019120,6 k €↑
2018
Annual accounts 201892,6 k €↑
2017
Annual accounts 201730 k €↑
2016
Annual accounts 2016-120,1 k €↓
2015
Annual accounts 2015410,6 €↓
2014
Annual accounts 201472,1 k €↑
2013
Annual accounts 201365,6 k €↑
2012
Annual accounts 2012-12,3 k €↑
2011
Annual accounts 2011-36,7 k €↓
2010
Annual accounts 20102,2 k €↑
2009
Annual accounts 2009-26,2 k €↓
2008
Annual accounts 20082,1 k €↑
2007
Annual accounts 2007-55,7 k €↓
2006
Annual accounts 20064,3 k €
08/11/1993
IncorporationPublic limited company

SYNACO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events