Aannemingen Seynhaeve
ActiveSummary
Aannemingen Seynhaeve has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €559k and a net result of €80k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 85% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-14
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 4.34 in 2023; short-term debt: 23.9% and cash: 60% of total assets), and 24.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75.5%
Return on assets
10.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €559k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
49 d early
2022
13 d early
2021
125 d early
2020
47 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€559k▲ 5.3%
2023 · €531k
2018: €609k
2019: €458k
2020: €412k
2021: €331k
2022: €384k
2023: €531k
2018 → 2024
Total assets
€741k▲ 7.6%
2023 · €689k
2018: €824k
2019: €817k
2020: €527k
2021: €510k
2022: €695k
2023: €689k
2018 → 2024
Net result
€80k▼ 45.9%
2023 · €148k
2018: €8k
2019: €-151k
2020: €-46k
2021: €1k
2022: €54k
2023: €148k
2018 → 2024
Working capital
€506k▼ 1.3%
2023 · €513k
2018: €621k
2019: €517k
2020: €403k
2021: €328k
2022: €374k
2023: €513k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€412k-€331k▼ 19.7%€384k▲ 16.0%€531k▲ 38.3%€559k▲ 5.3%
Operating result€-44k-€348€57k▲ 16,315%€160k▲ 180%€126k▼ 21.6%
Net result€-46k-€1k€54k▲ 3,672%€148k▲ 175%€80k▼ 45.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €741k
Fixed assets
€58k ▲ 162%
Current assets
€683k ▲ 2.5%
Equity and liabilities €741k
Equity
€559k ▲ 5.3%
Debt
€181k ▲ 15.3%
Debt's share of the balance-sheet total rises from 22.9% to 24.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138k▼
2023 · €164k
Cash flow
€92k▼
2023 · €152k
Current ratio
3.86▼
2023 · 4.34
Quick ratio
3.67▲
2023 · 2.62
Debt to equity
0.32▲
2023 · 0.30
ROE
14.3%▼
2023 · 27.8%
ROA
10.8%▼
2023 · 21.5%
Interest coverage
10.97▼
2023 · 20.93
Debt ≤ 1 year
€177k▲
2023 · €154k
Income taxes
€34k▲
2023 · €6k
Staff costs
€0▼
2023 · €287k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€689k€741k▲
Fixed assets21/28€22k€58k▲
Tangible fixed assets22/27€22k€57k▲
Plant, machinery and equipment23€22k€27k▲
Furniture and vehicles24€0€31k▲
Financial fixed assets28€270€270=
Current assets29/58€666k€683k▲
Stocks and contracts in progress3€264k€35k▼
Stocks30/36€28k€35k▲
Contracts in progress37€236k€0▼
Amounts receivable within one year40/41€332k€195k▼
Trade receivables40€282k€109k▼
Other amounts receivable41€49k€86k▲
Cash at bank and in hand54/58€60k€445k▲
Deferred charges and accrued income490/1€11k€8k▼
Equity and liabilities
Total equity and liabilities10/49€689k€741k▲
Equity10/15€531k€559k▲
Contributions10/11€412k€362k▼
Reserves13€119k€197k▲
Tax-exempt reserves132€21k€21k=
Distributable reserves133€98k€176k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€157k€181k▲
Amounts payable within one year42/48€154k€177k▲
Trade debts44€92k€61k▼
Suppliers440/4€92k€61k▼
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€56k€112k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20232024
Non-recurring operating income76A€26k€43k▲
Remuneration, social security and pensions62€287k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A€7k€0▼
Gross operating margin9900€463k€140k▼
Operating profit (loss)9901€160k€126k▼
Financial income75/76B€1k€496▼
Recurring financial income75€1k€496▼
Financial charges65/66B€8k€13k▲
Recurring financial charges65€8k€13k▲
Profit (loss) for the period before taxes9903€154k€114k▼
Income taxes67/77€6k€34k▲
Profit (loss) for the period9904€148k€80k▼
Profit (loss) for the period to be appropriated9905€148k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€80k▲
Profit (loss) brought forward from the previous period14P€-90k€0▲
Transfer to equity691/2€57k€78k▲
To other reserves6921€57k€78k▲
Profit to be distributed694/7€833€2k▲
Return on contributions (dividend)694€833€2k▲
Social balance
Average headcount (FTE)90875.10.0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-09
State Gazette act
Board meeting · Registered-office moveRegistered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Registered-office move2 facts ▸
- Board meeting, 20-05-2026
- Registered-office move, Bruggestraat 118a, 8830 Hooglede
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €148k ▲175%
Operating result €160k, net result €148k, both a record.
31-12
Financial
Equity above €500kEq €531k ▲38.3%
3 profitable years in a row build equity to €531k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-151k ▼2046%
Net result drops to €-151k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hooglede · 1 establishment unit since 1965
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bruggestraat 1188830 HoogledeGround area
1.9 ha
Building footprint
7,201 m²
Volume, LiDAR
911 m³
2 parcels, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AANNEMINGEN SEYNHAEVE BV
since 19652.006.051.258
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005B0472/00M005 | Flanders | 1.6 ha | 1 · 7,008 m² | - |
| 36006C0318/00G000 | Flanders | 2,629 m² | 1 · 193 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 757 EUR awarded · 758 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 200 EUR | 302 EUR |
| 2022 | 1 | 557 EUR | 456 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
18 categoriesAannemingen Seynhaeve BV03021
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Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 2,733 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1966
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
41001General construction of residential buildings
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.