ACTIVE

SYNTHETIS METALS

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Financial year 2025 · closed on 31/12/2025

Net result

487 k €

+220.4% YoY

Gross margin

1,8 M €

+52.7% YoY

Equity

630,7 k €

+184.4% YoY

Workforce

10,1 ETP

+6.3% YoY

What does SYNTHETIS METALS do?

SYNTHETIS METALS is a Public limited company incorporated in 2003. Its main activity is: Computer consultancy activities. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 10,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.194.045

Incorporation

14/05/2003

Legal form

Public limited company

Registered office

Avenue Athéna 1
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map

Contributed capital

518 600,00 €

Latest accounts

31/12/2025

Average workforce

10,1 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 62010Computer programming activities 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	1,8 M €	+52.7%	1,2 M €	+32.8%	889,5 k €	-3.1%	917,4 k €	+0.7%	911,4 k €	+128%	399,8 k €	-33.2%	598,8 k €	-26.5%	814,2 k €	+13.3%	718,5 k €	+4.7%	686,2 k €	+15.4%	594,4 k €	-7.6%	643,4 k €	+80.2%	357,1 k €	+72.4%	207,1 k €	-59.4%	509,7 k €	+83.9%	277,2 k €	-7.6%	300 k €	+845%	31,7 k €	+159%	12,3 k €
EBITDA	835,7 k €	+105%	407,4 k €	+278%	107,9 k €	-59.9%	269 k €	-28.8%	377,6 k €	+536%	-86,7 k €	-208%	-28,2 k €	-110%	289,5 k €	+14.3%	253,3 k €	+25.5%	201,8 k €	+20.4%	167,6 k €	-30.4%	240,6 k €	+643%	32,4 k €	+126%	-125,7 k €	-425%	38,7 k €	+960%	-4,5 k €	-112%	38,8 k €	+22.2%	31,7 k €	+158%	12,3 k €
Operating result	590,2 k €	+237%	175,4 k €	+324%	-78,4 k €	-236%	57,6 k €	-67.2%	175,4 k €	+171%	-247,9 k €	-15.6%	-214,5 k €	-307%	103,8 k €	+152%	41,2 k €	-13.0%	47,3 k €	+56.2%	30,3 k €	-75.8%	125,1 k €	+312%	-58,9 k €	+63.4%	-160,7 k €	-4152%	4 k €	+113%	-30,2 k €	-363%	11,5 k €	-60.4%	28,9 k €	+7331%	389 €
Net result	487 k €	+220%	152 k €	+242%	-107,1 k €	-604%	21,2 k €	-85.7%	148,8 k €	+155%	-268,6 k €	-15.8%	-232 k €	-915%	28,5 k €	+2468%	1,1 k €	-97.3%	41 k €	+163%	15,6 k €	-87.2%	121,7 k €	+281%	-67,2 k €	+68.1%	-210,4 k €	-778%	31 k €	+190%	-34,4 k €	-2128%	-1,5 k €	-111%	14,2 k €	+3119%	440 €
Balance sheet
Equity	630,7 k €	+184%	221,8 k €	+218%	69,8 k €	-60.5%	176,8 k €	+13.6%	155,6 k €	+2196%	6,8 k €	-97.5%	275,4 k €	-45.7%	507,3 k €	+5.9%	478,8 k €	+0.2%	477,7 k €	+9.4%	436,7 k €	+3.7%	421,1 k €	+40.6%	299,5 k €	-18.3%	366,7 k €	-36.5%	577,1 k €	+150%	230,5 k €	-13.0%	264,9 k €	+299%	66,5 k €	+27.1%	52,3 k €
Total assets	1,9 M €	+8.4%	1,8 M €	+16.2%	1,5 M €	-0.9%	1,5 M €	+7.5%	1,4 M €	+21.7%	1,2 M €	-18.0%	1,4 M €	-17.5%	1,7 M €	+35.2%	1,3 M €	+35.6%	948,6 k €	-20.2%	1,2 M €	+17.1%	1 M €	+37.8%	736,8 k €	-11.4%	831,4 k €	-36.1%	1,3 M €	+59.2%	818 k €	+8.4%	754,7 k €	-2.1%	770,9 k €	+1239%	57,6 k €
Cash	1,1 M €	+84.5%	573,1 k €	+1487%	36,1 k €	-68.3%	113,9 k €	+158%	44,2 k €	-31.4%	64,4 k €	-68.4%	203,5 k €	-33.9%	308,1 k €	+90.7%	161,6 k €	+80.8%	89,4 k €	+139%	37,4 k €	-60.3%	94,3 k €	+52.5%	61,8 k €	-59.2%	151,5 k €	-10.7%	169,5 k €	-19.4%	210,4 k €	+229%	64 k €	+34.2%	47,7 k €	+5441%	860 €
Debts	690,1 k €	-11.9%	782,9 k €	-44.9%	1,4 M €	+5.9%	1,3 M €	+8.5%	1,2 M €	+6.3%	1,2 M €	+5.6%	1,1 M €	-6.7%	1,2 M €	+59.3%	740,9 k €	+104%	362,6 k €	-40.9%	613,5 k €	+57.0%	390,8 k €	+48.7%	262,8 k €	-9.5%	290,3 k €	-50.0%	581,1 k €	-1.1%	587,3 k €	+19.9%	489,6 k €	-30.5%	704,5 k €	+13234%	5,3 k €
Other
Workforce	10,1 ETP	+6.3%	9,5 ETP	-11.2%	10,7 ETP	+3.9%	10,3 ETP	+28.8%	8,0 ETP	-3.6%	8,3 ETP	-7.8%	9,0 ETP	-1.1%	9,1 ETP	+15.2%	7,9 ETP	+11.3%	7,1 ETP	+42.0%	5,0 ETP	-16.7%	6,0 ETP	+22.4%	4,9 ETP	+16.7%	4,2 ETP	-6.7%	4,5 ETP	+12.5%	4,0 ETP	+111%	1,9 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 40 ended

Active mandates

Antoine VEKEMANS

Mandate

Active

Marc MAUROY

Mandate

Active

SPARAXIS

Mandate · 0452.116.307

Active

Ended mandates

NOSHAQ PARTNERS

Director · since 31 mars 2025 · until 31 mars 2030 · 0808.219.836

Represented by STEPHANIE SACRE

Ended

SPARAXIS

Director · since 31 mars 2025 · until 31 mars 2030 · 0452.116.307

Represented by COLIN LOYENS

Ended

Antoine VEKEMANS

Managing director · since 27 mars 2022 · until 27 mars 2027

Ended

Marc MAUROY

Director · since 27 mars 2022 · until 27 mars 2027

Ended

At this address

Other companies at this address

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ACELVA Management Services● Active	0878.027.469
ACTITO● Active	0471.860.557
ALTISSIMA● Active	1036.465.289
ATRACTIS● Active	0478.848.220
Immobilière Athena● Active	0501.711.615
QNTM Activation BidCo● Active	0795.415.638
QUALIFIO● Active	0822.741.924
SYNTHETIS● Active	0434.357.981
Synthetis Holding● Active	0845.945.116

Annual accounts

Full financial information

	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	23/07/2026	28/07/2025	29/09/2024	07/08/2023	12/08/2022	07/07/2021
General meeting	17/06/2026	17/07/2025	25/09/2024	28/06/2023	29/03/2022	30/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	17/07/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	25/09/2024	29/09/2024	French	PDF
Abridged model	31/12/2022	28/06/2023	07/08/2023	French	PDF
Abridged model	31/12/2021	29/03/2022	12/08/2022	French	PDF
Abridged model	31/12/2020	30/03/2021	07/07/2021	French	PDF
Abridged model	31/12/2019	09/06/2020	20/08/2020	French	PDF
Abridged model	31/12/2018	16/04/2019	29/07/2019	French	PDF
Abridged model	31/12/2017	27/03/2018	14/08/2018	French	PDF
Abridged model	31/12/2016	28/03/2017	25/07/2017	French	PDF
Abridged model	31/12/2015	29/03/2016	29/04/2016	French	PDF
Abridged model	31/12/2014	31/03/2015	19/05/2015	French	PDF
Abridged model	31/12/2013	25/03/2014	24/07/2014	French	PDF
Abridged model	31/12/2012	26/03/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	27/03/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	29/03/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/03/2010	23/08/2010	French	PDF
Abridged model	31/12/2008	31/03/2009	24/07/2009	French	PDF
Abridged model	31/12/2007	25/03/2008	14/07/2008	French	PDF
Abridged modelCorrection	31/12/2006	27/03/2007	26/07/2007	French	PDF
Abridged model	31/12/2006	27/03/2007	29/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025 · 3 active · 40 ended

Active mandates

Antoine VEKEMANS

Mandate

Active

Marc MAUROY

Mandate

Active

SPARAXIS

Mandate · 0452.116.307

Active

Ended mandates

NOSHAQ PARTNERS

Director · since 31 mars 2025 · until 31 mars 2030 · 0808.219.836

Represented by STEPHANIE SACRE

Ended

SPARAXIS

Director · since 31 mars 2025 · until 31 mars 2030 · 0452.116.307

Represented by COLIN LOYENS

Ended

Antoine VEKEMANS

Managing director · since 27 mars 2022 · until 27 mars 2027

Ended

Marc MAUROY

Director · since 27 mars 2022 · until 27 mars 2027

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/09/2025
DEMISSIONS, NOMINATIONS
PDF
Other29/01/2024
ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates14/05/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates23/11/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/04/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office02/04/2014
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025487 k €↑
2024
Annual accounts 2024152 k €↑
2023
Annual accounts 2023-107,1 k €↓
2022
Annual accounts 202221,2 k €↓
2021
Annual accounts 2021148,8 k €↑
2020
Annual accounts 2020-268,6 k €↓
2019
Annual accounts 2019-232 k €↓
2018
Annual accounts 201828,5 k €↑
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 201641 k €↑
2015
Annual accounts 201515,6 k €↓
2014
Annual accounts 2014121,7 k €↑
2013
Annual accounts 2013-67,2 k €↑
2012
Annual accounts 2012-210,4 k €↓
2011
Annual accounts 201131 k €↑
2009
Annual accounts 2009-34,4 k €↓
2008
Annual accounts 2008-1,5 k €↓
2007
Annual accounts 200714,2 k €↑
2006
Annual accounts 2006440 €
14/05/2003
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SYNTHETIS METALS

Overview

What does SYNTHETIS METALS do?

Trend over 19 financial years

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