Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SYRACUSE from Sint-Gillis-Waas, company number BE0430979809, closed financial year 2025 with a result of € -5,299 after tax. For that financial year SYRACUSE recorded a gross margin of € 20,684 and equity of € 393,168. Compared with financial year 2024, the result moved from € -4,198 to € -5,299. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 393,168
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,299
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,088
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 157,068.
People and assets in 2025
€ 138
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,040
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,114 | € 8,412 | € 12,920 | € 20,684 | ▲ 60% |
| Profit after taxes | € -8,579 | € -8,010 | € -4,198 | € -5,299 | ▼ € 1,101 |
| Equity | € 410,674 | € 402,665 | € 398,466 | € 393,168 | ▼ 1% |
| Total debts | € 71,078 | € 74,237 | € 69,901 | € 64,525 | ▼ 8% |
| Cash | € 195,224 | € 211,605 | € 15,981 | € 31,088 | ▲ 95% |
| Land & buildings | € 349,771 | € 340,693 | € 521,367 | € 499,436 | ▼ 4% |
| Retained profit | € 174,574 | € 166,565 | € 162,366 | € 157,068 | ▼ 3% |
| Balance sheet total | € 566,891 | € 560,452 | € 548,950 | € 535,308 | ▼ 2% |
Key figures of SYRACUSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SYRACUSE?
What happened at SYRACUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,299. Source: NBB ↗
- Georges Van den Heuvel became a director. NBB
- Geoffrey Heyninck became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,579 loss in 2022 to € 5,299 loss in 2025.
Management
Behind SYRACUSE are Georges Van den Heuvel and Geoffrey Heyninck. The same people are also behind HORIZON. Geoffrey Heyninck is also behind QUADRIGA-PLUS and QUADRIGA INVEST.
Directors
According to the 2025 annual accounts
since 2020
since 2013
Establishments
Establishment units
Physical locations of this company
Bloempotstraat(MD) 19B
9170 Sint-Gillis-Waas
Beukenlaan(KIE) 2
9130 Beveren-Kruibeke-Zwijndrecht
Active since 4 May 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.979.809
- VAT number
- BE 0430.979.809
- Registered office
- Bloempotstraat(MD) 19B, 9170 Sint-Gillis-Waas
- Names & denominations
- SYRACUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1987
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen