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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SYLNOR - IMMO from Herve, company number BE0477823087, closed financial year 2025 with a result of € 15,415 after tax. For that financial year SYLNOR - IMMO recorded a gross margin of € 84,944 and equity of € 455,669. Compared with financial year 2024, the result moved from € 14,106 to € 15,415. 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 July 17, 2026.
€ 455,669
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,415
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 74,447
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 115,669.
Debts at end 2025
€ 134,414
▼ 18% vs 2024
€ 30,165 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,892
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,052
▲ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,905 | € 80,576 | € 83,138 | € 84,944 | ▲ 2% |
| Profit after taxes | € 10,660 | € 7,510 | € 14,106 | € 15,415 | ▲ 9% |
| Equity | € 418,638 | € 426,148 | € 440,254 | € 455,669 | ▲ 4% |
| Total debts | € 670,917 | € 627,198 | € 596,782 | € 568,508 | ▼ 5% |
| Cash | € 32,204 | € 42,380 | € 58,616 | € 74,447 | ▲ 27% |
| Land & buildings | € 1,041,448 | € 995,722 | € 961,397 | € 921,247 | ▼ 4% |
| Retained profit | € 78,638 | € 86,148 | € 100,254 | € 115,669 | ▲ 15% |
| Bank debt | € 223,980 | € 194,279 | € 164,424 | € 134,414 | ▼ 18% |
| Balance sheet total | € 1,089,555 | € 1,053,346 | € 1,037,037 | € 1,024,177 | ▼ 1% |
Key figures of SYLNOR - IMMO, 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 SYLNOR - IMMO?
What happened at SYLNOR - IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Norbert Baurens stepped down as director. NBB
- Thomas Baurens stepped down as director. NBB
- Céline Baurens stepped down as director. NBB
- Sylviane Widy stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 15,415 (▲ 9% vs 2024). Source: NBB ↗
- Norbert Baurens became a director. NBB
- Thomas Baurens became a director. NBB
- Céline Baurens became a director. NBB
In short
From € 10,660 profit in 2022 to € 15,415 profit in 2025.
Paid € 22,171 in corporate taxes since 2022.
Best year ever: 2025, with € 15,415 profit.
Management
Directors
According to the 2025 annual accounts
Norbert Baurens
Managing director
since 2026 · until 2032
Thomas Baurens
Director
since 2026 · until 2032
Céline Baurens
Director
since 2026 · until 2032
Sylviane Widy
Director
since 2026 · until 2032
Establishments
Establishment units
Physical locations of this company
Ruelle des Soupirs 14
4651 Herve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.823.087
- VAT number
- BE 0477.823.087
- Registered office
- Ruelle des Soupirs 14, 4651 Herve
- Names & denominations
- SYLNOR - IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2002
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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