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 10 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Synergy@Projects from Leuven, company number BE0878915317, closed financial year 2025 with a result of € 9,613 after tax. For that financial year Synergy@Projects recorded a gross margin of € 73,056 and equity of € 228,473. Compared with financial year 2024, the result moved from € 7,955 to € 9,613. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 228,473
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,613
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 5,755
▲ € 4,550 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 € 209,873.
People and assets in 2025
€ 1,454
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 578,649
▼ 7% vs 2024
€ 45,204 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 9,201
▲ 127% 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 | € 58,635 | € 72,233 | € 71,694 | € 73,056 | ▲ 2% |
| Profit after taxes | € 5,038 | € 9,948 | € 7,955 | € 9,613 | ▲ 21% |
| Equity | € 200,957 | € 210,904 | € 218,859 | € 228,473 | ▲ 4% |
| Total debts | € 715,711 | € 672,558 | € 633,444 | € 593,261 | ▼ 6% |
| Cash | € 6,390 | € 5,854 | € 1,206 | € 5,755 | ▲ € 4,550 |
| Land & buildings | € 906,775 | € 875,003 | € 847,402 | € 812,974 | ▼ 4% |
| Retained profit | € 182,357 | € 192,304 | € 200,259 | € 209,873 | ▲ 5% |
| Bank debt | € 709,539 | € 666,682 | € 623,056 | € 578,649 | ▼ 7% |
| Balance sheet total | € 916,668 | € 883,462 | € 852,303 | € 821,734 | ▼ 4% |
Key figures of Synergy@Projects, 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 Synergy@Projects?
What happened at Synergy@Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,613 (▲ 21% vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,038 profit in 2022 to € 9,613 profit in 2025.
Paid € 16,603 in corporate taxes since 2022.
Best year ever: 2023, with € 9,948 profit.
Management
Behind Synergy@Projects are Annik Bormans and Patrick Bellinkx. Patrick Bellinkx is also behind Synergy@Work.
Directors
According to the 2025 annual accounts
Annik Bormans
Director
Establishments
Establishment units
Physical locations of this company
Koning Leopold I-straat 48
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0878.915.317
- VAT number
- BE 0878.915.317
- Registered office
- Koning Leopold I-straat 48, 3000 Leuven
- Names & denominations
- Synergy@Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2006
- Peppol
- Not registered