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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Synergy Tradeco from Beveren-Kruibeke-Zwijndrecht, company number BE0685444560, closed financial year 2024 with a result of € -16.4 million after tax. For that financial year Synergy Tradeco recorded revenue of € 71.8 million and equity of € -4.2 million. Compared with financial year 2023, the result moved from € 1.8 million to € -16.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2025.
€ -4.2 million
▼ € 16.4 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16.4 million
▼ still € 1.8 million profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5 million.
People and assets in 2024
€ 33,785
▲ 55% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,787
▼ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 40.5 million
▲ 50% vs 2023
€ 8,978 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 613,312
▼ 68% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 281,962,371 | € 294,289,239 | € 71,835,607 | ▼ 76% |
| Profit after taxes | € 3,925,441 | € 1,788,363 | € -16,438,216 | ▼ € 18.2 million |
| Equity | € 10,408,107 | € 12,196,470 | € -4,241,746 | ▼ € 16.4 million |
| Total debts | € 35,859,557 | € 37,830,270 | € 41,133,946 | ▲ 9% |
| Cash | € 387,115 | € 158,359 | - | |
| Retained profit | € 9,659,507 | € 11,447,870 | € -4,990,346 | ▼ € 16.4 million |
| Bank debt | € 29,957,553 | € 27,014,620 | € 40,520,634 | ▲ 50% |
| Balance sheet total | € 46,267,664 | € 50,026,740 | € 36,892,199 | ▼ 26% |
| Employees (FTE) | 0.3 | 0.6 | - |
Key figures of Synergy Tradeco, fiscal years 2022 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 Synergy Tradeco?
What happened at Synergy Tradeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Synergy Tradeco is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 16.4 million (▼ € 18.2 million vs 2023). filed late Source: NBB ↗
- Ram Krishan Prajapati stepped down as director. NBB
- Ingeborg Vanhoutte became a director. NBB
- Ram Krishan Prajapati became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.9 million profit in 2022 to € 16.4 million loss in 2024.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.9 million profit.
A new publication or filing at Synergy Tradeco? 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
Behind Synergy Tradeco is Ingeborg Vanhoutte. Ingeborg Vanhoutte is also behind Synergy Steel and Synergy Plastics.
Directors
According to the 2024 annual accounts
since 2024
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Dorp West 100
2070 Beveren-Kruibeke-Zwijndrecht
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.
Details
- Company number
- 0685.444.560
- VAT number
- BE 0685.444.560
- Registered office
- Dorp West 100, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- Synergy Tradeco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 28 November 2017
- Peppol
- Active · Active since 3 Jun 2026
- Contact
- +3232887179
- Activities · NACE
Niet-gespecialiseerde groothandel
Handel in eigen onroerend goed