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 38 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SYNDUCTIS from Merelbeke-Melle, company number BE0502445845, closed financial year 2025 with a result of € 0 after tax. For that financial year SYNDUCTIS recorded revenue of € 2.9 million and equity of € 21,700. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 21,700
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 0.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 348,632
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 1,711
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,030,063 | € 2,728,011 | € 2,709,578 | € 2,905,880 | ▲ 7% |
| Equity | € 21,700 | € 21,700 | € 21,700 | € 21,700 | |
| Total debts | € 1,610,989 | € 1,685,905 | € 1,550,610 | € 1,745,588 | ▲ 13% |
| Balance sheet total | € 1,632,689 | € 1,707,605 | € 1,572,310 | € 1,767,288 | ▲ 12% |
Key figures of SYNDUCTIS, 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 SYNDUCTIS?
What happened at SYNDUCTIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 0. Source: NBB ↗
- Luc Wouters became a director. NBB
- Brecht Vermeulen stepped down as director. NBB
- Marleen Porto-Carrero became a director. NBB
- Laurent De Meutter became a director. NBB
- Jan Goossens became a director. NBB
- Luc Lierman became a director. NBB
- Andries Gryffroy became a director. NBB
In short
From € 0 profit in 2022 to € 0 profit in 2025.
Paid € 1,117 in corporate taxes since 2022.
Pays suppliers within 50 days on average.
A new publication or filing at SYNDUCTIS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Fluvius System Operator, Farys, AQUAFIN, Vlaamse Maatschappij voor Watervoorziening comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SYNDUCTISBehind SYNDUCTIS are Marleen Porto-Carrero, Laurent De Meutter, Jan Goossens, Luc Wouters, Luc Lierman and Andries Gryffroy. The shares are held by Fluvius System Operator (34.4%), Farys (22.1%), AQUAFIN (14.3%) and Vlaamse Maatschappij voor Watervoorziening (8.9%). It owns 3% of De Stroomlijn itself.
Directors
According to the 2025 annual accounts
Marleen Porto-Carrero
Managing director
Also active at: Creat, Waterunie, DE STROOMLIJN, Farys Solar
since 2025
since 2025
since 2025
Luc Wouters
Director
Also active at: LIMBURG.NET, Vlaamse Maatschappij voor Watervoorziening, Toerisme Limburg, Waterunie, BIONERGA
since 2025
Luc Lierman
Director
since 2025
since 2025
Frank De Mulder
Director
Also active at: Farys, Zonneberg, ENSOMME, Waterunie, TERRANOVA SOLAR, ARTEVELDE-STADION
since 2025
Filip Thienpont
Chairman of the board
Also active at: Intercommunale Maatschappij voor Energievoorziening in West- en Oost-Vlaanderen, Ryhove, PUBLIGAS
since 2025
Christophe Peeters
Chairman of the board
Also active at: Farys, Intercommunale Maatschappij Opera voor Vlaanderen, Stadsontwikkeling Gent (sogent), AquaFlanders, Collegium Vocale Gent, VLAAMSE ENERGIEHOLDING, Fluvius System Operator, Investeringsmaatschappij Modest +2 more
since 2025
Björn Cools
Director
Also active at: Intercommunale Waterleidingsmaatschappij van Veurne Ambacht, REGIONAAL LANDSCHAP WESTHOEK
since 2025
Mieke Van den Brande
Director
Also active at: Pidpa, INTERGEMEENTELIJKE VERENIGING VOOR DUURZAAM AFVALBEHEER REGIO MECHELEN (IVAREM) (OPDRACHTHOUDENDE VERENIGING), AquaFlanders, Regionaal Landschap Rivierenland
since 2025
Brecht Vermeulen
Director
Also active at: Vlaamse Maatschappij voor Watervoorziening, AquaFlanders, Waterunie, Azulatis, HET PORTAAL, HOUWELYNCKXBOSCH
since 2020 · until 2025
since 2019 · until 2025
Rudi Neirynck
Director
Also active at: AquaFlanders, Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist"
since 2022 · until 2025
Bram Degrieck
Director
since 2019 · until 2025
Shareholders
34.4%
22.1%
14.3%
Participations
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 199
9090 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →FLUVIUS IMEWO same network
€ 544.9 million revenue · 2025
Fluvius System Operator same network
€ 2.9 billion revenue · 2025
ECONOMISCHE GROEP FLUVIUS
DE STROOMLIJN same network
€ 27.5 million revenue · 2025
Fluvius System Operator Pillar 2
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.445.845
- VAT number
- BE 0502.445.845
- Registered office
- Brusselsesteenweg 199, 9090 Merelbeke-Melle
- Names & denominations
- SYNDUCTIS
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 21 December 2012
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Algemene bouw van residentiële gebouwen