ACTIVE

DE SYNDICUS

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Financial year 2025 · closed on 31/12/2025

Net result

-279,5 k €

-294.1% YoY

Gross margin

3,5 M €

+1.1% YoY

Equity

587,6 k €

-32.2% YoY

Workforce

46,4 ETP

+4.3% YoY

What does DE SYNDICUS do?

DE SYNDICUS is a Private limited company incorporated in 2006. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Hasselt. It employs on average 46,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.168.883

Incorporation

08/05/2006

Legal form

Private limited company

Registered office

Sint-Truidersteenweg 206 box 1
3500 Hasselt · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

46,4 ETP

Activities (NACE)

68321Management of real estate on a fee or contract basis· main 68321Management of real estate on a fee or contract basis 70321Activities of head offices; management consultancy activities 70322Activities of head offices; management consultancy activities 81100Combined facilities support activities 81100Combined facilities support activities+3

Joint committees (1)

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,5 M €	+1.1%	3,5 M €	+35.8%	2,5 M €	+56.9%	1,6 M €	+42.3%	1,1 M €	+10.0%	1 M €	-1.9%	1,1 M €	-0.3%	1,1 M €	+6.8%	992,2 k €	+17.9%	841,6 k €	+11.3%	755,9 k €	+3.5%	730,6 k €	+12.4%	650 k €	+25.1%	519,7 k €	+52.9%	339,9 k €	+137%	143,2 k €	+90.7%	75,1 k €	-21.2%	95,3 k €	+76.5%	54 k €	+134%	23,1 k €
EBITDA	123,4 k €	-80.2%	623 k €	+128%	273,7 k €	+299%	68,6 k €	-25.9%	92,6 k €	-68.1%	290,5 k €	+15.3%	252 k €	-18.1%	307,8 k €	-12.1%	350 k €	+20.1%	291,4 k €	+70.0%	171,4 k €	-4.1%	178,7 k €	-22.5%	230,4 k €	+49.2%	154,5 k €	+13.4%	136,3 k €	+171%	50,2 k €	+183%	17,7 k €	-25.5%	23,8 k €	+256%	6,7 k €	-0.9%	6,7 k €
Operating result	-227,7 k €	-170%	325,3 k €	+279%	85,8 k €	+268%	-51,2 k €	-204%	49,2 k €	-80.8%	256,7 k €	+17.2%	219,1 k €	-21.0%	277,4 k €	-12.8%	318,3 k €	+23.5%	257,6 k €	+107%	124,3 k €	+0.2%	124 k €	-30.2%	177,7 k €	+61.3%	110,1 k €	+3.9%	106 k €	+149%	42,6 k €	+311%	10,4 k €	-30.4%	14,9 k €	+1097%	1,2 k €	-80.1%	6,2 k €
Net result	-279,5 k €	-294%	144 k €	+2936%	-5,1 k €	+96.0%	-126,2 k €	-1193%	11,5 k €	-93.9%	189,9 k €	+27.9%	148,4 k €	-24.6%	196,7 k €	+7.8%	182,4 k €	+27.9%	142,6 k €	+82.4%	78,2 k €	+12.0%	69,8 k €	-37.1%	111 k €	+165%	42 k €	-29.0%	59,1 k €	+168%	22,1 k €	+248%	6,3 k €	-45.4%	11,6 k €	+92166%	12,6 €	-99.7%	4,7 k €
Balance sheet
Equity	587,6 k €	-32.2%	867 k €	+19.9%	723,1 k €	-0.7%	728,1 k €	-14.8%	854,3 k €	-15.9%	1 M €	+23.0%	826,5 k €	-7.4%	892,8 k €	+28.3%	696,1 k €	+35.5%	513,7 k €	+38.4%	371 k €	+26.7%	292,8 k €	+31.3%	223 k €	+99.1%	112 k €	+59.9%	70 k €	+37.5%	50,9 k €	+76.5%	28,8 k €	+28.2%	22,5 k €	+107%	10,9 k €	+0.1%	10,9 k €
Total assets	2,8 M €	-1.6%	2,8 M €	+5.5%	2,7 M €	+13.7%	2,3 M €	+5.0%	2,2 M €	+72.4%	1,3 M €	+5.8%	1,2 M €	+8.0%	1,1 M €	+6.8%	1,1 M €	+53.0%	693,2 k €	+29.5%	535,2 k €	+4.0%	514,5 k €	+3.4%	497,5 k €	+25.0%	398,1 k €	+17.1%	339,9 k €	+95.1%	174,2 k €	+64.1%	106,2 k €	+38.0%	77 k €	+20.2%	64 k €	+197%	21,6 k €
Cash	92,6 k €	-19.8%	115,5 k €	+72.6%	66,9 k €	-35.3%	103,4 k €	-32.0%	152,2 k €	-82.1%	849,3 k €	+21.9%	696,5 k €	+24.3%	560,3 k €	+30.9%	428 k €	+99.9%	214,1 k €	+35.3%	158,3 k €	+113%	74,4 k €	-3.7%	77,2 k €	+11.4%	69,3 k €	+29.7%	53,5 k €	+490%	9,1 k €	-87.3%	71,1 k €	+69.2%	42,1 k €		–		744 €
Debts	2,2 M €	+12.2%	1,9 M €	+0.5%	1,9 M €	+20.7%	1,6 M €	+16.2%	1,4 M €	+415%	266,8 k €	-32.9%	397,4 k €	+65.5%	240,1 k €	-34.2%	364,8 k €	+103%	179,5 k €	+9.3%	164,2 k €	-25.9%	221,7 k €	-19.2%	274,5 k €	-4.1%	286,1 k €	+6.2%	269,4 k €	+119%	123,3 k €	+59.4%	77,3 k €	+43.0%	54,1 k €	+5.9%	51 k €	+444%	9,4 k €
Other
Workforce	46,4 ETP	+4.3%	44,5 ETP	+10.7%	40,2 ETP	+14.5%	35,1 ETP	+64.0%	21,4 ETP	+18.2%	18,1 ETP	+9.7%	16,5 ETP	-9.3%	18,2 ETP	+16.7%	15,6 ETP	+15.6%	13,5 ETP	-8.2%	14,7 ETP	-5.8%	15,6 ETP	+38.1%	11,3 ETP	+32.9%	8,5 ETP	+66.7%	5,1 ETP	+143%	2,1 ETP	+31.3%	1,6 ETP	+6.7%	1,5 ETP	+50.0%	1,0 ETP	+900%	0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 4 ended

Active mandates

Annelies Van Praet

Director · since 01 février 2021 · until 01 février 2026

Active

David Wellens

Director · since 25 avril 2006 · until 01 janvier 2026

Active

Krista Nevelsteen

Director

Active

Patrick Syen

Director

Active

Robrecht Mas

Director

Active

Ended mandates

Annelies Van Praet

Director

Ended

David Wellens

Director

Ended

David Wellens

Manager

Ended

Raf Vermesen

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AC ACT Facility Services● Active	0894.277.345
Dens Caninus● Active	0804.418.030
DOKTER CELINE JORISSEN● Active	0804.297.274
Vastgoedbeheer Verhesen & Partners● Active	0774.694.557
Vereniging van Mede-eigenaars Residentie Vesalius te 3500 Hasselt, Sint-Truidersteenweg 206● Active	0811.427.071

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	29/06/2026	01/07/2025	28/06/2024	27/07/2023	24/06/2022	29/07/2021
General meeting	01/06/2026	02/06/2025	01/06/2024	30/06/2023	01/06/2022	30/06/2021
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

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	01/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	24/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	31/05/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	29/01/2020	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	14/08/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	06/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	16/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/04/2008	30/05/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	26/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 4 ended

Active mandates

Annelies Van Praet

Director · since 01 février 2021 · until 01 février 2026

Active

David Wellens

Director · since 25 avril 2006 · until 01 janvier 2026

Active

Krista Nevelsteen

Director

Active

Patrick Syen

Director

Active

Robrecht Mas

Director

Active

Ended mandates

Annelies Van Praet

Director

Ended

David Wellens

Director

Ended

David Wellens

Manager

Ended

Raf Vermesen

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring30/12/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates17/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring18/01/2023
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
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 2025-279,5 k €↓
2024
Annual accounts 2024144 k €↑
2023
Annual accounts 2023-5,1 k €↑
2022
Annual accounts 2022-126,2 k €↓
2021
Annual accounts 202111,5 k €↓
2020
Annual accounts 2020189,9 k €↑
2019
Annual accounts 2019148,4 k €↓
2018
Annual accounts 2018196,7 k €↑
2017
Annual accounts 2017182,4 k €↑
2016
Annual accounts 2016142,6 k €↑
2015
Annual accounts 201578,2 k €↑
2014
Annual accounts 201469,8 k €↓
2013
Annual accounts 2013111 k €↑
2012
Annual accounts 201242 k €↓
2011
Annual accounts 201159,1 k €↑
2010
Annual accounts 201022,1 k €↑
2009
Annual accounts 20096,3 k €↓
2008
Annual accounts 200811,6 k €↑
2007
Annual accounts 200712,6 €↓
2006
Annual accounts 20064,7 k €
08/05/2006
IncorporationPrivate 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

DE SYNDICUS

Overview

What does DE SYNDICUS do?

Trend over 20 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