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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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 263 days after the legal deadline.
Financials
Financial year 2024
Synicum from Maldegem, company number BE0454767474, closed financial year 2024 with a result of € 66,092 after tax. For that financial year Synicum recorded a gross margin of € 98,369 and equity of € 80,362. Compared with financial year 2023, the result moved from € 28,805 to € 66,092. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 20, 2026.
€ 80,362
▲ € 66,092 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,092
▲ 129% vs 2023
Profit after tax over the fiscal year.
€ 3,148
▼ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 67,959.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 9,446
▼ 45% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,192
▲ € 33,870 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 215,417 | € 219,377 | € 234,134 | € 98,369 | ▼ 58% |
| Profit after taxes | € 13,829 | € 28,429 | € 28,805 | € 66,092 | ▲ 129% |
| Equity | € 225,761 | € 164,190 | € 14,270 | € 80,362 | ▲ € 66,092 |
| Total debts | € 144,931 | € 139,147 | € 50,377 | € 54,821 | ▲ 9% |
| Cash | € 21,847 | € 44,015 | € 3,197 | € 3,148 | ▼ 2% |
| Retained profit | € 213,358 | € 151,788 | € 1,867 | € 67,959 | ▲ € 66,092 |
| Dividend | € 0 | € 90,000 | € 178,725 | € 0 | ▼ 100% |
| Balance sheet total | € 370,692 | € 303,337 | € 64,647 | € 135,182 | ▲ 109% |
| Employees (FTE) | 5 | 3 | 2.9 | - |
Key figures of Synicum, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Synicum?
What happened at Synicum in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 66,092 (▲ 129% vs 2023). filed late Source: NBB ↗
- New establishment in Evergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,829 profit in 2021 to € 66,092 profit in 2024.
Paid € 67,768 in corporate taxes since 2021.
Best year ever: 2024, with € 66,092 profit.
On average € 80,700 of value added per employee in 2023.
Management
The stake of REINO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SynicumBehind Synicum is Adam Ruth. The shares are held by REINO (100%).
Directors
According to the 2024 annual accounts
Adam Ruth
Director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Staatsbaan 2 box B
9991 Maldegem
Dorpsplein 1
9940 Evergem
Active since 14 June 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Details
- Company number
- 0454.767.474
- VAT number
- BE 0454.767.474
- Registered office
- Staatsbaan 2 bus B, 9991 Maldegem
- Names & denominations
- Synicum
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1995
- Peppol
- Active · Active since 9 Jan 2026
- Contact
- synicum.be