Three of the last ten came late. The 2019 accounts came latest: 86 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Bart Seminck has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Micro
10 to 20 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Bart Seminck. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Credit check for an amount and term of your choice
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Bart Seminck: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €67,300 and €121,000, founded between 2007 and 2012.
The company number of Bart Seminck is 0809.103.328. The VAT number is the same number with BE in front: BE 0809.103.328.
Where is Bart Seminck based?
The registered office is at Steenweg op Aalst 91, 9308 Aalst.Company details
What does Bart Seminck do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of Bart Seminck?
Bart Seminck is a private limited company (BV).
When was Bart Seminck founded?
Bart Seminck was founded on 15-01-2009.
Is Bart Seminck still active?
Yes, Bart Seminck is an active enterprise in the KBO register.
How many employees does Bart Seminck have?
Bart Seminck had an average of 0.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Bart Seminck?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €31,052 and 88 comparable companies (NACE 433). It probably lies between €130,000 and €310,000.
Is Bart Seminck profitable?
In financial year 2025, Bart Seminck made a profit of €19,448.
Where can I find the annual accounts of Bart Seminck?
Bart Seminck filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Bart Seminck due?
Bart Seminck must file the annual accounts for financial year 2026 by 31-07-2027.Timeline