OPENING OF BANKRUPTCY

SYNKRON

Financial year 2019 · closed on 31/12/2019
Net result
7,5 k €
+118.2% YoY
Gross margin
88,4 k €
+13.4% YoY
Equity
-12,2 k €
+37.9% YoY
Workforce
1,9 ETP
+11.8% YoY

Company — Opening of bankruptcy.

What does SYNKRON do?

SYNKRON is a Private company with limited liability incorporated in 2008. Its registered office is in Gent. It employs on average 1,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0898.195.254
Incorporation
28/05/2008
Legal form
Private company with limited liability
Registered office
Beelbroekstraat 60
9040 Gent · FlandreSee on map
Latest accounts
31/12/2019
Average workforce
1,9 ETP
Joint committees (1)
  • 336
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20192018201720162015201120092008
Income statement
Gross margin88,4 k €77,9 k €47,5 k €18,5 k €2,9 k €3,5 k €-4,9 k €-14,3 k €
EBITDA1,3 k €5,9 k €4,7 k €-8,4 k €-2,4 k €3 k €-5,7 k €-15,2 k €
Operating result-1,5 k €5,1 k €4,5 k €-8,4 k €-2,4 k €-293,4 €-9,2 k €-17,2 k €
Net result7,5 k €3,4 k €4,2 k €-8,8 k €-2,5 k €-281,4 €-10,2 k €-17,7 k €
Balance sheet
Equity-12,2 k €-19,7 k €-23,2 k €-27,3 k €-18,5 k €-9,1 k €-9,3 k €879,3 €
Total assets30,2 k €16,7 k €9,8 k €7,3 k €3,1 k €10,5 k €11,9 k €15,3 k €
Cash3,7 k €1,5 k €2,8 k €2,6 k €2,3 k €5,5 k €
Debts42,3 k €36,4 k €32,1 k €33,5 k €20,4 k €19,6 k €20,9 k €14,2 k €
Other
Workforce1,9 ETP1,7 ETP0,9 ETP1,0 ETP0,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2019 · 2 active · 6 ended

Active mandates

Michaël Verstraeten

Manager · since 03 octobre 2017

Active
Michaël Verstraeten

Manager

Active

Ended mandates

Erik Van Gerven

Director · since 22 mai 2008 · until 03 octobre 2017

Ended
Erik Van Gerven

Director · since 22 mai 2008

Ended
Johan Vermeersch

Director · since 22 mai 2008 · until 01 mars 2012

Ended
Johan Vermeersch

Director · since 22 mai 2008

Ended
At this address

Other companies at this address

CompanyCBE no.
0752.629.037
Annual accounts

Full financial information

201920182017201620152011
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201501/01/2011
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/12/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/10/202027/09/201918/05/201824/08/201729/08/201627/08/2012
General meeting02/05/202004/03/201924/03/201819/05/201730/06/201606/04/2012
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201902/05/202023/10/2020DutchPDF
Abridged model31/12/201804/03/201927/09/2019DutchPDF
Abridged model31/12/201724/03/201818/05/2018DutchPDF
Abridged model31/12/201619/05/201724/08/2017DutchPDF
Abridged model31/12/201530/06/201629/08/2016DutchPDF
Abridged model31/12/201106/04/201227/08/2012DutchPDF
Abridged model31/12/200930/06/201030/12/2010DutchPDF
Abridged model31/12/200830/06/200917/11/2009DutchPDF
Estimate

Indicative valuation

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 31/12/2019 · 2 active · 6 ended

Active mandates

Michaël Verstraeten

Manager · since 03 octobre 2017

Active
Michaël Verstraeten

Manager

Active

Ended mandates

Erik Van Gerven

Director · since 22 mai 2008 · until 03 octobre 2017

Ended
Erik Van Gerven

Director · since 22 mai 2008

Ended
Johan Vermeersch

Director · since 22 mai 2008 · until 01 mars 2012

Ended
Johan Vermeersch

Director · since 22 mai 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/02/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/05/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates14/11/2017
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other24/11/2015
    DIVERSEN
    PDF
  • Mandates27/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/06/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2019
    Annual accounts 20197,5 k €
  2. 2018
    Annual accounts 20183,4 k €
  3. 2017
    Annual accounts 20174,2 k €
  4. 2017
    Name changeSYNKRON
  5. 2016
    Annual accounts 2016-8,8 k €
  6. 2015
    Annual accounts 2015-2,5 k €
  7. 2011
    Annual accounts 2011-281,4 €
  8. 2009
    Annual accounts 2009-10,2 k €
  9. 2008
    Annual accounts 2008-17,7 k €
  10. 28/05/2008
    IncorporationPrivate company with limited liability
  11. 2008
    Name changeLegal Auditors