Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SYNCYCLE from Elsene, company number BE0775567458, closed financial year 2023 with a result of € -244,643 after tax. For that financial year SYNCYCLE recorded a gross margin of € -110,691 and equity of € 321,528. Compared with financial year 2022, the result moved from € -122,428 to € -244,643. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 3, 2024.
€ 321,528
▼ 43% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -244,643
▼ 100 % more loss than in 2022
Profit after tax over the fiscal year.
€ 12,490
▼ 98% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -367,072.
People and assets in 2023
€ 63,517
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 27,148
▲ € 25,227 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 276,310
▲ 66% vs 2022
€ 33,678 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 236,284
▲ € 207,890 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 14,000
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € -110,263 | € -110,691 | |
| Profit after taxes | € -122,428 | € -244,643 | ▼ € 122,215 |
| Equity | € 566,172 | € 321,528 | ▼ 43% |
| Total debts | € 195,805 | € 527,661 | ▲ 169% |
| Cash | € 505,698 | € 12,490 | ▼ 98% |
| Retained profit | € -122,428 | € -367,072 | ▼ € 244,644 |
| Bank debt | € 166,450 | € 276,310 | ▲ 66% |
| Balance sheet total | € 761,977 | € 849,189 | ▲ 11% |
Key figures of SYNCYCLE, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to SYNCYCLE?
What happened at SYNCYCLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SYNCYCLE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 244,643. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 122,428 loss in 2022 to € 244,643 loss in 2023.
Paid € 9 in corporate taxes since 2022.
A new publication or filing at SYNCYCLE? 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
Establishments
Establishment units
Physical locations of this company
Lesbroussartstraat 64-68
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
SQUARESPACE - Squarespace, Inc., US
DNS
GoDaddy DNS
Website info
Features
Security
Network
Details
- Company number
- 0775.567.458
- VAT number
- BE 0775.567.458
- Registered office
- Lesbroussartstraat 64-68, 1050 Elsene
- Names & denominations
- SYNCYCLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 11 October 2021
- Peppol
- Not registered
- Contact
- syncycle.be [email protected]
- Activities · NACE
Exploitatie van sportaccommodaties
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Overige sportactiviteiten, neg
Detailhandel in overige sportartikelen
Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels
Eetgelegenheden met beperkte bediening