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ONDERNEMINGEN SEGHERS - SETISOL

Active
Public limited companyfounded 197749 years activeLeurshoek(BEV) 95, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0417.469.192
Summary

ONDERNEMINGEN SEGHERS - SETISOL has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €882,711 and a net result of -€524,058. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 26% of 2,412 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Other specialised construction activities
NACE 43990Screed work NACE 43422
2 sites
Size
€3.6mtotal assets 2025
Staff
29.3 FTE
Equity
€882,711
Loss
-€524,058
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
RE² · 66.67%
Accounts 1 day early0 of 7 deeds read
Why 65- Loss of €524,058 (FY 2025)- Sector Specialised construction activities (NACE 43)- Equity €882,711 (24.3% of total assets)+ Liquidity: current ratio 1.31, cash €695,613Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency 49-10
equity 24.3% of total assets
Liquidity 41+5
short-term debt 63.1% · cash 19.1%
Profitability 1-39
return on assets -14.4%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,638 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026highest value
Credit up to €55,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.48 in 2024; short-term debt: 63.1% and cash: 19.1% of total assets), and 75.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 28% on solvency, 42% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €524,058 (FY 2025)
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 1.31, cash €695,613
NBB · annual accounts
raises risk · Equity €882,711 (24.3% of total assets)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
3 days early
2023
29 days late
2022
7 days early
2021
3 days early
2020
31 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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. Usually files around 28 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€524,058
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €6,408 in 2024 -€524,058 View
  • Caution: Among the weakest 5% on net resultsector median €41,630 · 2,412 companies -€524,058 View
  • Controlled by RE² 66.67% View
  • Active since 1977founded 17-09-1977 49 years View
  • Flemish supportawarded 2022 - 2025 €78,340 View

By topic

Financials

Fiscal year
2025
Total assets
€3.6m
Loss
-€524,058
Solvency
24.3%
Total assets▼ 12.4%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 29-08-2024Annual accounts filed
  2. 24-07-2023Annual accounts filed
  3. 28-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
17-09-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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