ACTIVE

SYNTEGRO

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Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
+0.6% YoY
Gross margin
5 M €
+9.7% YoY
Equity
7,8 M €
+16.4% YoY
Workforce
37,1 ETP
+0.5% YoY

What does SYNTEGRO do?

SYNTEGRO is a Public limited company incorporated in 2007. Its main activity is: Computer programming activities. Its registered office is in Hasselt. It employs on average 37,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0890.756.641
Incorporation
11/07/2007
Legal form
Public limited company
Registered office
Herkenrodesingel 16
3500 Hasselt · FlandreSee on map
Contributed capital
3 057 355,94 €
Latest accounts
31/12/2025
Average workforce
37,1 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities70200Management consultancy activities70220Business and other management consultancy activities74142Specialised design activities70210Public relations and communication activities+2
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin5 M €4,5 M €3,5 M €2,5 M €3,5 M €2,4 M €1,9 M €2,3 M €2,6 M €1,4 M €1 M €767,8 k €632,5 k €746,9 k €778,4 k €573 k €355,6 k €-174,7 k €
EBITDA1,6 M €1,7 M €949,9 k €444,4 k €1,4 M €891,1 k €841,6 k €1,3 M €1,7 M €651,9 k €461,3 k €250,3 k €157,5 k €369,8 k €511,5 k €384 k €231,1 k €-215,4 k €
Operating result1,4 M €1,3 M €620,9 k €126,4 k €1,1 M €730,2 k €744,2 k €1,2 M €1,6 M €599,8 k €368 k €160,3 k €84,4 k €248,4 k €372,8 k €261,2 k €64,2 k €-273,1 k €
Net result1,1 M €1,1 M €418,4 k €54,2 k €834,6 k €512,8 k €539 k €853,3 k €1 M €572,8 k €279,6 k €99,1 k €49,5 k €153,6 k €243,4 k €237,6 k €46,2 k €-271,5 k €
Balance sheet
Equity7,8 M €6,7 M €5,6 M €2,5 M €4,2 M €3,5 M €3,1 M €2,7 M €2 M €995,3 k €994,5 k €922,9 k €823,7 k €1 M €870,7 k €627,3 k €389,7 k €343,5 k €
Total assets9,6 M €10,4 M €10,4 M €6,4 M €8,4 M €8 M €6,2 M €5 M €4,1 M €3 M €2,8 M €1,5 M €1,5 M €1,7 M €1,7 M €1,6 M €1 M €682,2 k €
Cash1,7 M €1,7 M €356,9 k €57,4 k €138 k €158,9 k €273,9 k €1,2 M €1,2 M €1,1 M €584,4 k €562,6 k €325,5 k €527,6 k €333,9 k €167,2 k €133,2 k €–
Debts708,5 k €1 M €2,6 M €2,1 M €2,8 M €3,6 M €2,4 M €1,9 M €1,6 M €1,5 M €1,4 M €350,5 k €471,4 k €586,1 k €760,1 k €920,2 k €650,1 k €338,3 k €
Other
Workforce37,1 ETP36,9 ETP28,9 ETP30,1 ETP29,6 ETP23,1 ETP16,9 ETP14,8 ETP13,0 ETP11,7 ETP8,8 ETP7,9 ETP6,6 ETP5,2 ETP4,3 ETP3,3 ETP1,1 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 59 ended

Active mandates

Frank De Weser

Director · since 18 décembre 2021 · until 17 mai 2029

Active

Ended mandates

Frank De Weser

Director · since 18 décembre 2021 · until 16 mai 2030

Ended
Frank De Wesser

Director · since 18 décembre 2021 · until 16 décembre 2027

Ended
ADVANCED COMPUTER ENGINEERING SERVICES

Director · since 17 décembre 2021 · until 16 décembre 2027 · 0435.829.512

Represented by Jean-Paul Dewachter

Ended
BUSINESS SYSTEMS

Director · since 17 décembre 2021 · until 16 décembre 2027 · 0429.598.449

Represented by Herman Ceuppens

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/05/202623/06/202524/06/202409/06/202305/04/202228/05/2021
General meeting21/05/202620/06/202520/06/202409/05/202324/03/202218/05/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202626/05/2026DutchPDF
Abridged model31/12/202420/06/202523/06/2025DutchPDF
Abridged model31/12/202320/06/202424/06/2024DutchPDF
Abridged model31/12/202209/05/202309/06/2023DutchPDF
Abridged model31/12/202124/03/202205/04/2022DutchPDF
Abridged model31/12/202018/05/202128/05/2021DutchPDF
Abridged model31/12/201918/05/202001/07/2020DutchPDF
Abridged model31/12/201820/05/201921/06/2019DutchPDF
Abridged model31/12/201722/05/201822/06/2018DutchPDF
Abridged model31/12/201615/05/201728/06/2017DutchPDF
Abridged model31/12/201517/05/201617/06/2016DutchPDF
Abridged model31/12/201424/06/201502/07/2015DutchPDF
Abridged model31/12/201311/06/201404/07/2014DutchPDF
Abridged model31/12/201221/05/201316/07/2013DutchPDF
Abridged model31/12/201121/05/201212/06/2012DutchPDF
Abridged model31/12/201016/05/201126/05/2011DutchPDF
Abridged model31/12/200917/05/201010/06/2010DutchPDF
Abridged model30/06/200817/11/200823/02/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 59 ended

Active mandates

Frank De Weser

Director · since 18 décembre 2021 · until 17 mai 2029

Active

Ended mandates

Frank De Weser

Director · since 18 décembre 2021 · until 16 mai 2030

Ended
Frank De Wesser

Director · since 18 décembre 2021 · until 16 décembre 2027

Ended
ADVANCED COMPUTER ENGINEERING SERVICES

Director · since 17 décembre 2021 · until 16 décembre 2027 · 0435.829.512

Represented by Jean-Paul Dewachter

Ended
BUSINESS SYSTEMS

Director · since 17 décembre 2021 · until 16 décembre 2027 · 0429.598.449

Represented by Herman Ceuppens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates08/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring13/06/2022
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates06/05/2022
    ONTSLAGEN - BENOEMINGEN
    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 20251,1 M €↑
  2. 2024
    Annual accounts 20241,1 M €↑
  3. 2023
    Annual accounts 2023418,4 k €↑
  4. 2022
    Annual accounts 202254,2 k €↓
  5. 2021
    Annual accounts 2021834,6 k €↑
  6. 2020
    Annual accounts 2020512,8 k €↓
  7. 2019
    Annual accounts 2019539 k €↓
  8. 2018
    Annual accounts 2018853,3 k €↓
  9. 2017
    Annual accounts 20171 M €↑
  10. 2016
    Annual accounts 2016572,8 k €↑
  11. 2015
    Annual accounts 2015279,6 k €↑
  12. 2014
    Annual accounts 201499,1 k €↑
  13. 2013
    Annual accounts 201349,5 k €↓
  14. 2012
    Annual accounts 2012153,6 k €↓
  15. 2011
    Annual accounts 2011243,4 k €↑
  16. 2010
    Annual accounts 2010237,6 k €↑
  17. 2009
    Annual accounts 200946,2 k €↑
  18. 2008
    Annual accounts 2008-271,5 k €
  19. 11/07/2007
    IncorporationPublic limited company