S.E. CONTRACTING
InactiveOverview
Activity
“Overgenomen vennootschap” (deed in Dutch)
From the articlesNo NACE code in the KBO yet
Size
€7.5mturnover 2023
- Staff
- 35.4 FTE
- Equity
- €721,025
- Profit
- €348,901
Financial health
Inactive: no score
Structure
- Parent
- Vinci SA
Auditor: DELOITTE Bedrijfsrevisoren BV4 of 16 deeds summarised
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline29-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-06-2024, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
35 days early
2022
34 days early
2021
39 days early
2020
44 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Restructuring · End & cessationAuditor report · Merger ·…
- Annual accounts filedfinancial year 2023 · full…
- RestructuringShareholding · Merger · Registered…
Financials · financial year 2023, full format
Turnover
€7.5m▲ 0.5%
2022 · €7.5m
EBIT margin
5.7%▲ 1.0pp
2022 · 4.6%
Net result
€348,901▲ 37.2%
2022 · €254,291
Working capital
€1.1m▲ 3.5%
2022 · €1.0m
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
After the dip in 2020 the operating result has climbed three years in a row; 2023 is 23% above 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€7.5m
2023
Operating result€0.4m
2023
Net result€0.3m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.3m
2023
Equity€0.7m
2023
Debt€3.3m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.1m
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin5.7%
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)35.4
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€9.6m-€8.4m▼ 12.6%€5.3m▼ 37.3%€5.4m▲ 2.7%€7.5m▲ 37.6%€7.5m▲ 0.5%
Operating result€1.3m-€0.6m▼ 58.6%€0.1m▼ 80.8%€0.2m▲ 133%€0.3m▲ 39.5%€0.4m▲ 22.6%
Net result€0.9m-€0.3m▼ 66.3%€0.1m▼ 65.7%€0.2m▲ 53.6%€0.3m▲ 54.4%€0.3m▲ 37.2%
EBIT margin13.9%-6.6%▼ 7.3pp2.0%▼ 4.6pp4.6%▲ 2.6pp4.6%▲ 0.1pp5.7%▲ 1.0pp
Equity€1.8m-€1.3m▼ 27.3%€1.4m▲ 8.3%€1.4m▲ 1.1%€0.7m▼ 52.6%€0.7m▲ 7.3%
Total assets€3.3m-€3.5m▲ 6.1%€3.2m▼ 8.4%€3.6m▲ 14.2%€4.0m▲ 10.2%€4.3m▲ 8.7%
Debt€1.3m-€1.9m▲ 45.3%€1.5m▼ 21.5%€1.9m▲ 28.9%€3.0m▲ 57.4%€3.3m▲ 10.7%
Working capital€1.9m-€1.5m▼ 20.4%€1.7m▲ 10.0%€1.7m▲ 4.3%€1.0m▼ 41.1%€1.1m▲ 3.5%
Staff (FTE)34.5-33.8▼ 2.0%33.6▼ 0.6%33.2▼ 1.2%36.7▲ 10.5%35.4▼ 3.5%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.3m
Fixed assets
€6,317 ▼ 40.4%
Current assets
€4.3m ▲ 8.8%
Equity and liabilities €4.3m
Equity
€721,025 ▲ 7.3%
Provisions
€343,751 ▼ 4.8%
Debt
€3.3m ▲ 10.7%
Debt's share of the balance-sheet total rises from 74.2% to 75.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€428,101▲
2022 · €352,520
Cash flow
€353,176▲
2022 · €261,029
Current ratio
1.32▼
2022 · 1.34
Debt to equity
4.55▲
2022 · 4.41
ROE
48.4%▲
2022 · 37.8%
ROA
8.0%▲
2022 · 6.4%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€3.3m▲
2022 · €3.0m
Debt > 1 year
€460=
2022 · €460
Income taxes
€136,259▲
2022 · €94,213
Staff costs
€2.7m▲
2022 · €2.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €5.4m | €7.6m | €7.7m | ▲ 1.5% |
| Turnover70 | €9.6m | €8.4m | €5.3m | €5.4m | €7.5m | €7.5m | ▲ 0.5% |
| Other operating income74 | - | - | - | €0.02m | €0.1m | €0.2m | ▲ 56.7% |
| Operating charges60/66A | - | - | - | €5.2m | €7.2m | €7.3m | ▲ 0.4% |
| Goods for resale, raw materials and consumables60 | - | - | - | €2.2m | €4.0m | €3.7m | ▼ 7.0% |
| Purchases600/8 | - | - | - | €2.2m | €4.0m | €3.6m | ▼ 7.9% |
| Change in stocks: decrease (increase)609 | - | - | - | €0.002m | -€4 | €0.04m | - |
| Services and other goods61 | - | - | - | €0.7m | €0.7m | €0.8m | ▲ 6.4% |
| Remuneration, social security and pensions62 | - | - | - | €2.2m | €2.6m | €2.7m | ▲ 5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.06m | €0.04m | €0.03m | €0.007m | €0.004m | ▼ 36.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€0.02m | €0.2m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.01m | €0.03m | -€0.02m | - |
| Other operating charges640/8 | - | - | - | €0.004m | €0.002m | €0.02m | ▲ 779% |
| Operating profit (loss)9901 | €1.3m | €0.6m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 22.6% |
| Financial income75/76B | - | - | - | €70 | €0.006m | €0.06m | ▲ 895% |
| Recurring financial income75 | €0.003m | €0.001m | €12 | €70 | €0.006m | €0.06m | ▲ 895% |
| Income from current assets751 | - | - | - | - | €0.006m | €0.06m | ▲ 838% |
| Other financial income752/9 | - | - | - | €70 | - | €0.004m | - |
| Financial charges65/66B | - | - | - | €0.005m | €0.004m | €0.002m | ▼ 38.8% |
| Recurring financial charges65 | €0.002m | €0.005m | €0.004m | €0.005m | €0.004m | €0.002m | ▼ 38.8% |
| Debt charges650 | - | €0.003m | - | €0.002m | €0.001m | - | - |
| Other financial charges652/9 | - | - | - | €0.002m | €0.003m | €0.002m | ▼ 28.1% |
| Profit (loss) for the period before taxes9903 | €1.3m | €0.6m | €0.1m | €0.2m | €0.3m | €0.5m | ▲ 39.2% |
| Income taxes67/77 | €0.4m | €0.2m | -€0.005m | €0.08m | €0.09m | €0.1m | ▲ 44.6% |
| Taxes670/3 | - | - | - | €0.08m | €0.09m | €0.1m | ▲ 44.6% |
| Profit (loss) for the period9904 | €0.9m | €0.3m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 37.2% |
| Profit (loss) for the period to be appropriated9905 | €0.9m | €0.3m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 37.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €3.3m | €3.5m | €3.2m | €3.6m | €4.0m | €4.3m | ▲ 8.7% |
| Fixed assets21/28 | €0.09m | €0.09m | €0.05m | €0.009m | €0.01m | €0.006m | ▼ 40.4% |
| Tangible fixed assets22/27 | €0.09m | €0.09m | €0.05m | €0.009m | €0.01m | €0.006m | ▼ 41.4% |
| Furniture and vehicles24 | - | - | - | €0.009m | €0.01m | €0.006m | ▼ 41.4% |
| Financial fixed assets28 | €0.001m | €307 | €270 | €270 | €270 | €270 | = |
| Other financial fixed assets284/8 | - | - | - | €270 | €270 | €270 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €270 | €270 | €270 | = |
| Current assets29/58 | €3.2m | €3.4m | €3.1m | €3.6m | €4.0m | €4.3m | ▲ 8.8% |
| Stocks and contracts in progress3 | €0.03m | €0.09m | €0.2m | €0.2m | €0.2m | - | - |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | - | - |
| Raw materials and consumables30/31 | - | - | - | €0.2m | €0.2m | - | - |
| Amounts receivable within one year40/41 | €1.3m | €1.1m | €1.1m | €1.5m | €1.8m | €1.9m | ▲ 5.6% |
| Trade receivables40 | - | - | - | €1.4m | €1.7m | €1.7m | ▲ 2.6% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.1m | €0.2m | ▲ 45.0% |
| Cash at bank and in hand54/58 | €1.8m | €2.2m | €1.8m | €2.0m | €2.0m | €2.4m | ▲ 22.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | €429 | ▼ 51.4% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €3.3m | €3.5m | €3.2m | €3.6m | €4.0m | €4.3m | ▲ 8.7% |
| Equity10/15 | €1.8m | €1.3m | €1.4m | €1.4m | €0.7m | €0.7m | ▲ 7.3% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €1.5m | €1.0m | €1.0m | €1.0m | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €0.9m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | - | - | €0.1m | €0.1m | - | €0.05m | - |
| Provisions and deferred taxes16 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | ▼ 4.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.3m | €0.4m | €0.3m | ▼ 4.8% |
| Pensions and similar obligations160 | - | - | - | €0.008m | €0.003m | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.3m | €0.4m | €0.3m | ▼ 4.1% |
| Amounts payable17/49 | €1.3m | €1.9m | €1.5m | €1.9m | €3.0m | €3.3m | ▲ 10.7% |
| Amounts payable after more than one year17 | - | - | €460 | €460 | €460 | €460 | = |
| Other amounts payable178/9 | - | - | - | €460 | €460 | €460 | = |
| Amounts payable within one year42/48 | €1.3m | €1.9m | €1.5m | €1.9m | €3.0m | €3.3m | ▲ 10.7% |
| Trade debts44 | €0.7m | €0.3m | €0.6m | €0.5m | €0.7m | €0.7m | ▼ 2.0% |
| Suppliers440/4 | - | - | - | €0.5m | €0.7m | €0.7m | ▼ 2.0% |
| Advances received on contracts in progress46 | - | - | - | €0.7m | €0.6m | €1.5m | ▲ 143% |
| Taxes, remuneration and social security45 | - | - | - | €0.6m | €0.6m | €0.8m | ▲ 23.5% |
| Taxes450/3 | - | - | - | €0.03m | - | €0.03m | - |
| Remuneration and social security454/9 | - | - | - | €0.6m | €0.6m | €0.7m | ▲ 18.0% |
| Other amounts payable47/48 | - | - | - | €0.2m | €1.0m | €0.3m | ▼ 70.0% |
| Accrued charges and deferred income492/3 | - | - | - | €265 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €925,751 | €312,364 | €107,248 | €164,742 | €254,291 | €348,901 | ▲ 37.2% |
| + Depreciation and write-downs630 | €47,657 | €55,154 | €38,525 | €25,378 | €6,738 | €4,275 | ▼ 36.6% |
| Operating cash flow (approximation) | €973,408 | €367,518 | €145,773 | €190,120 | €261,029 | €353,176 | ▲ 35.3% |
| Investment in fixed assets (approximation) | - | -€61,135 | €3,449 | €17,405 | -€8,308 | €0 | - |
| Change in cash | - | €425,335 | -€431,604 | €174,553 | €14,123 | €440,620 | ▲ 31× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | full format | 26-06-2024 | 2024-00180745 |
| 31-12-2022 | full format | 27-06-2023 | 2023-00170463 |
| 31-12-2021 | full format | 22-06-2022 | 2022-20128468 |
| 31-12-2020 | full format | 17-06-2021 | 2021-20900151 |
| 31-12-2019 | full format | 13-07-2020 | 2020-29200263 |
| 31-12-2018 | full format | 04-03-2019 | 2019-06400291 |
| 31-12-2017 | full format | 11-06-2018 | 2018-17500229 |
| 31-12-2016 | full format | 03-07-2017 | 2017-27200139 |
| 31-12-2015 | full format | 17-06-2016 | 2016-19100325 |
| 31-12-2014 | full format | 15-06-2015 | 2015-17600355 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Statutory auditor 1
DELOITTE Bedrijfsrevisoren BV
CurrentStatutory auditor · since 10-03-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2023, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| DELOITTE Bedrijfsrevisoren BV |
|
Owners and capital
Owners
1 ownerChain of control
- Vinci SAFR
- S.E. CONTRACTING
Highest known parent: Vinci SA (France). The sources do not say who stands above it.
Owners 1
- Vinci SAFRconsolidating parentconsolidates
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
According to the 2023 annual accounts of S.E. CONTRACTING and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 21-05-2024 ↗
- VINCI Energies Belgium NV (BE 0881.526.496) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
No directors read yet: 4 of 16 Gazette acts processed.
Acquisitions and mergers
1 transactionTaken over by:PROMATIC-B
Acts, filings and financial milestones
2024
02-08
Gazette deed
Restructuring · End & cessationAuditor report · Merger · Shareholding15 facts ▸
Gazette deed
Restructuring · End & cessation
Auditor report · Merger · Shareholding15 facts ▸
- General meeting, 03-07-2024
- Other provision, “EERSTE BESLISSING kennisname documenten, verzaking aan opmaak fusieverslagen” (deed in Dutch)
- Auditor report, “buitengewone algemene vergadering van Promatic-B NV, commissaris” (deed in Dutch)
- Auditor report, “geen bevindingen van materieel belang”, 4.1 (deed in Dutch)
- Auditor report, “zelfde rechten als huidige aandelen, op naam” (deed in Dutch)
- Auditor report, 4.2, “niets opgemerkt tegen getrouw en voldoende voorlichting algemene vergadering” (deed in Dutch)
- Other provision, “no fairness opinion”, 4.3 (deed in Dutch)
- Other provision, “bestuursorgaan, verantwoordelijkheid bestuursorgaan inbreng en uitgifte” (deed in Dutch)
- Other provision, “commissaris, verantwoordelijkheid commissaris inbreng en uitgifte” (deed in Dutch)
- Other provision, “Beperkinggebruikverslag, inbrenginnaturavoorgesteld” (deed in Dutch)
- Other provision, “geenkennisgevingbelangrijkewijzigingactivaenpassiva, TWEEDEBESLISSING” (deed in Dutch)
- Merger, “DERDEBESLISSING, gehelevermogenzonderuitzonderingnochvoorbehoudonderalgemenetitel” (deed in Dutch)
- +3 further facts in this act
26-06
NBB filing
Annual accounts filed
financial year 2023 · full format
21-05
Gazette deed
RestructuringShareholding · Merger · Registered office clause15 facts ▸
Gazette deed
Restructuring
Shareholding · Merger · Registered office clause15 facts ▸
- Shareholding, 1712
- Shareholding, “aandelen”, 1120 (deed in Dutch)
- Merger, “1° de rechtsvorm. de naam, het voorwerp en de zetel van de te fuseren vennootschappen, fusie door overneming” (deed in Dutch)
- Other provision, “bedrijfseconomische motieven voorgestelde fusie, geheel financieel,commercieel en qua personeelsbestand robuuster” (deed in Dutch)
- General meeting, 2024-07, “nader te bepalen datum tijdens de maand juli 2024” (deed in Dutch)
- Other provision, “rechtsvorm,naam,voorwerp en zetel te fuseren vennootschappen, ruilverhouding aandelen en bedrag opleg in geld” (deed in Dutch)
- Registered office clause, “Leon Bekaertlaan 24,9880 Aalter” (deed in Dutch)
- Share issue, 75, “zelfde als 1.120 bestaande aandelen” (deed in Dutch)
- Other provision, “winstdeelname nieuwe aandelen”, 01-01-2024 (deed in Dutch)
- Accounting effect, 01-01-2024
- Other provision, “rechten bijzondere rechten en andere effecten, geen bijzondere rechten,geen andere effecten dan aandelen” (deed in Dutch)
- Other provision, “bezoldiging commissaris verslag artikel 12:26, uitgifteprijs en inbreng in natura” (deed in Dutch)
- +3 further facts in this act
23-04
Gazette deed
Amendment of the articles3 facts ▸
Gazette deed
Amendment of the articles
3 facts ▸
- Other provision, “Volmacht voor de coördinatie, TWEEDE BESLISSING” (deed in Dutch)
- General meeting, 15-04-2024
- Amendment of the articles
2023
27-06
NBB filing
Annual accounts filed
financial year 2022 · full format
10-03
Gazette deed
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)3 facts ▸
Gazette deed
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
3 facts ▸
- General meeting, 07-06-2022
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
- Other provision, “bedrijfsrevisor, vertegenwoordiging commissaris” (deed in Dutch) (2 times)
2022
22-06
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
17-06
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial
Weakest financial yearnet €107,248 ▼65.7%
Net result drops to €107,248, the lowest in the series.
13-07
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
04-03
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
11-06
NBB filing
Annual accounts filed
financial year 2017 · full format
Show earlier events
2017
03-07
NBB filing
Annual accounts filed
financial year 2016 · full format
2016
17-06
NBB filing
Annual accounts filed
financial year 2015 · full format
2015
15-06
NBB filing
Annual accounts filed
financial year 2014 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
4 of 16 deeds read
About the unread acts
Of the 16 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Inactive
Inactive
S.E. CONTRACTING is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Leon Bekaertlaan 24, 9880 Aalteras published on 2 August 2024
- Legal form
- Public limited company
- Active since
- 2011 (first annual accounts)
Recognitions · licences · registrations
Legal Entity Identifier
875500DOLFVYKK2BE910
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Overgenomen vennootschap” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het bestuursorgaan, evenals de gevolmachtigden voor het dagelijks bestuur binnen het kader van dit bestuur, mogen eveneens specifieke…”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Bij wet bepaalde gevallen, wijze door wet vereist” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten artikel 2:87 WVV zonder bijzondere machtiging, algemene vergadering kan te allen tijde beperken bij gewone meerderheid” (deed in Dutch)