Docteur SEGHAYE René
ActiveSummary
Docteur SEGHAYE René has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €169k. Equity is growing by ~10.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+3
Solvency98▼-2
Growth53=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.9 against 8.0 in 2024; short-term debt: 26.9% and cash: 9.3% of total assets), and 27.5% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.5%
Return on assets
11.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
29 d late
2023
29 d late
2022
184 d late
2020
17 d late
2019
4 d late
2018
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€408k▼ 11.2%
2019 · €459k
2018: €487k
2019: €459k
2018 → 2020
EBIT margin
23.0%▲ 3.4pp
2019 · 19.5%
2018: 15.4%
2019: 19.5%
2018 → 2020
Net result
€169k▲ 37.0%
2024 · €124k
2018: €53k
2019: €59k
2020: €63k
2022: €91k
2023: €106k
2024: €124k
2018 → 2025
Working capital
€746k▼ 17.2%
2024 · €901k
2018: €375k
2019: €380k
2020: €452k
2022: €753k
2023: €829k
2024: €901k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€408k-
Equity€655k-€1.01M▲ 53.9%€1.11M▲ 10.6%€1.20M▲ 7.6%€1.06M▼ 11.7%
Operating result€94k-€186k▲ 98.6%€154k▼ 17.0%€173k▲ 12.2%€244k▲ 41.0%
Net result€63k-€91k▲ 45.5%€106k▲ 16.2%€124k▲ 16.3%€169k▲ 37.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€320k ▼ 5.9%
Current assets
€1.14M ▲ 10.5%
Equity and liabilities €1.46M
Equity
€1.06M ▼ 11.7%
Debt
€400k ▲ 134%
Debt's share of the balance-sheet total rises from 12.5% to 27.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€269k▲
2024 · €198k
Cash flow
€194k▲
2024 · €149k
Current ratio
2.90▼
2024 · 8.00
Debt to equity
0.38▲
2024 · 0.14
ROE
16.0%▲
2024 · 10.3%
ROA
11.6%▲
2024 · 9.0%
Interest coverage
77.13▲
2024 · 54.27
Debt ≤ 1 year
€392k▲
2024 · €129k
Debt > 1 year
€9k▼
2024 · €43k
Income taxes
€77k▲
2024 · €57k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.37M€1.46M▲
Fixed assets21/28€340k€320k▼
Tangible fixed assets22/27€340k€320k▼
Land and buildings22€288k€281k▼
Furniture and vehicles24€51k€39k▼
Current assets29/58€1.03M€1.14M▲
Amounts receivable within one year40/41€533k€531k▼
Trade receivables40-€2k
Other amounts receivable41€533k€529k▼
Current investments50/53€394k€408k▲
Cash at bank and in hand54/58€56k€136k▲
Deferred charges and accrued income490/1€47k€63k▲
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.46M▲
Equity10/15€1.20M€1.06M▼
Contributions10/11€199k€199k=
Reserves13€787k€646k▼
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Distributable reserves133€767k€626k▼
Profit (loss) carried forward14€212k€212k=
Amounts payable17/49€171k€400k▲
Amounts payable after more than one year17€43k€9k▼
Financial debts170/4€43k€9k▼
Amounts payable within one year42/48€129k€392k▲
Current portion of amounts payable after more than one year42€47k€48k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€40k€29k▼
Taxes450/3€31k€24k▼
Remuneration and social security454/9€9k€5k▼
Other amounts payable47/48€39k€310k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€201k€271k▲
Operating profit (loss)9901€173k€244k▲
Financial income75/76B€11k€6k▼
Recurring financial income75€11k€6k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€180k€247k▲
Income taxes67/77€57k€77k▲
Profit (loss) for the period9904€124k€169k▲
Profit (loss) for the period to be appropriated9905€124k€169k▲
Appropriation of the result
Profit (loss) to be appropriated9906€336k€382k▲
Profit (loss) brought forward from the previous period14P€212k€212k=
Transfer from equity791/2€39k€310k▲
Transfer to equity691/2€124k€169k▲
To other reserves6921€124k€169k▲
Profit to be distributed694/7€39k€310k▲
Return on contributions (dividend)694€39k€310k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €169k ▲37%
Operating result €244k, net result €169k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 184 days late
2022
31-12
Financial
Equity above €1MEq €1.01M ▲53.9%
4 profitable years in a row build equity to €1.01M.
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 177 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai
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.
Rue Alphonse Dufour(Rum) 137540 TournaiGround area
2,442 m²
Building footprint
156 m²
Parcel 57073A0115/00D000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57073A0115/00D000 | Wallonia | 2,442 m² | 1 · 156 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-1997
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.