ACTIVE

SYSCADE

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Financial year 2025 · closed on 31/12/2025
Net result
-94,1 k €
+68.5% YoY
Gross margin
369,9 k €
+935.8% YoY
Equity
1,8 M €
-0.0% YoY

What does SYSCADE do?

SYSCADE is a Public limited company incorporated in 2023. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Tournai.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0798.540.919
Incorporation
16/02/2023
Legal form
Public limited company
Registered office
Rue du Mont d'Orcq(FRY) 3
7503 Tournai · WallonieSee on map
Contributed capital
2 500 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
72109Research and experimental development on natural sciences and engineering· main72190Other research and experimental development on natural sciences and engineering
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin369,9 k €35,7 k €-166,7 k €
EBITDA167,7 k €-106,1 k €-304,2 k €
Operating result-113,8 k €-330,6 k €-494,4 k €
Net result-94,1 k €-298,6 k €-465,8 k €
Balance sheet
Equity1,8 M €1,8 M €2,0 M €
Total assets2,3 M €2,2 M €2,4 M €
Cash112,4 k €155,8 k €333,5 k €
Debts456,2 k €363,9 k €412,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Florent CALLENS

Managing director · since 16 février 2023 · until 16 février 2029

Active
Philippe FOUCART

Director · since 16 février 2023 · until 16 février 2029

Active
Vincent MASSAUT

Director · since 16 février 2023 · until 16 février 2029

Active
At this address

Other companies at this address

CompanyCBE no.
DELTA SERVICES INDUSTRIELS● Active
0471.661.213
SCANNIX● Active
0870.080.595
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date31/08/202607/08/202504/07/2024
General meeting28/08/202602/06/202513/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/08/202631/08/2026FrenchPDF
Micro model31/12/202402/06/202507/08/2025FrenchPDF
Micro model31/12/202313/06/202404/07/2024FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

Active mandates

Florent CALLENS

Managing director · since 16 février 2023 · until 16 février 2029

Active
Philippe FOUCART

Director · since 16 février 2023 · until 16 février 2029

Active
Vincent MASSAUT

Director · since 16 février 2023 · until 16 février 2029

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/01/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other20/02/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025-94,1 k €↑
  2. 2024
    Annual accounts 2024-298,6 k €↑
  3. 2023
    Annual accounts 2023-465,8 k €
  4. 16/02/2023
    IncorporationPublic limited company