Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Synergy Steel from Beveren-Kruibeke-Zwijndrecht, company number BE0748838020, closed financial year 2024 with a result of € -333,771 after tax. For that financial year Synergy Steel recorded a gross margin of € -271,999 and equity of € 128,629. Compared with financial year 2023, the result moved from € 84,628 to € -333,771. The company made a loss. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2025.
€ 128,629
▼ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -333,771
▼ still € 84,628 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 48,629.
People and assets in 2024
€ 949
▼ 22% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.3 million
▼ 8% vs 2023
Loans from banks and other lenders, long and short.
€ 302,216
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,308
▼ 56% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 350,828 | € 245,718 | € 187,750 | € -271,999 | ▼ € 459,749 |
| Profit after taxes | € 191,970 | € 105,801 | € 84,628 | € -333,771 | ▼ € 418,399 |
| Equity | € 271,970 | € 377,771 | € 462,400 | € 128,629 | ▼ 72% |
| Total debts | € 761,212 | € 2,114,167 | € 1,877,902 | € 1,675,335 | ▼ 11% |
| Retained profit | € 191,970 | € 297,771 | € 382,400 | € 48,629 | ▼ 87% |
| Bank debt | € 577,069 | € 1,589,736 | € 1,454,801 | € 1,341,812 | ▼ 8% |
| Balance sheet total | € 1,033,182 | € 2,491,939 | € 2,340,301 | € 1,803,964 | ▼ 23% |
| Employees (FTE) | 1 | - | - | - |
Key figures of Synergy Steel, 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 Synergy Steel?
What happened at Synergy Steel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Synergy Steel is active according to the CBE. Legal situation: Opening faillissement.
- Ram Krishan Prajapati stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 333,771 (▼ € 418,399 vs 2023). filed late Source: NBB ↗
- Ingeborg Vanhoutte became a director. NBB
- Rathi Deepak stepped down as director. NBB
- Rathi Deepak became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Ram Krishan Prajapati became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 191,970 profit in 2021 to € 333,771 loss in 2024.
Paid € 141,258 in corporate taxes since 2021.
Best year ever: 2021, with € 191,970 profit.
On average € 350,800 of value added per employee in 2021.
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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 Synergy Tradeco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Synergy SteelBehind Synergy Steel is Ingeborg Vanhoutte. The shares are held by Synergy Tradeco (99.9%).
Directors
According to the 2024 annual accounts
since 2024
Ram Krishan Prajapati
Director
Also active at: Synergy Tradeco, Aamage Corporation, Synergy Plastics
since 2020 · until 2026
Rathi Deepak
Director
since 2023 · until 2024
Shareholders
99.9%
Participations
No participations in other companies reported.
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.
Website
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
GoDaddy DNS
Domain
Domain
synergy-tradeco.com
Registered
2019-02-03
Registrar
GoDaddy.com, LLC
Expires
2028-02-03
Website info
Features
Security
Network
Details
- Company number
- 0748.838.020
- VAT number
- BE 0748.838.020
- Registered office
- Dorp West 100, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- Synergy Steel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 23 June 2020
- Peppol
- Active · Active since 12 Jun 2026
- Contact
- synergy-tradeco.com
- Activities · NACE
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