Payment terms
S.E.M. pays its suppliers 18 days earlier than in 2024.
S.E.M. pays its suppliers 18 days earlier than in 2024.
Seven of the last ten came late. The 2021 accounts came latest: 473 days after the end of the period.
A director left. Latest change 22-01-2026 · 1 in office.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 47, micro). It does better than 52% of them on solvency, 95% on liquidity, 31% on profitability and 39% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,041 companies had the same profile as S.E.M. has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of S.E.M. itself: 0.7% within 12 months.
The method was tested on the 497,447 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.
| 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 17,041 companies, not a prediction for S.E.M.. 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.
Liquidity is ample, with a current ratio of 7.32 (7.0 in 2024), above the usual 1.5. Short-term debt is 13.6% of total assets. However, 63% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 93 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| S.E.M. Schaerbeek | €211,958 | 2.5% | 37.0% | - |
| S-CARGO Brussels | €174,845 | 7.1% | 52.6% | - |
| MAX ET LOLA Uccle | - | - | -22.6% | - |
| ZENYT Brussels | - | - | 49.6% | - |
| TATY Molenbeek-Saint-Jean | - | - | -87.3% | - |
| Gold Digger Antwerp | - | - | -17.4% | 0 |
| DONNA Duffel | - | - | -507.2% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as S.E.M.: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €195,000 and €312,000, founded between 1990 and 2004.
S.E.M. has existed since 2000. The gross margin fell from €33,386 in 2006 to €9,311 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 51% of 5,069 companies in 2025.
Higher than 93% of 4,995 companies in 2025.
Higher than 39% of 5,038 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
269,424 | 272,974 | 249,258 | 252,443 | 253,619 | 245,344 | 245,671 | 245,481 | 257,216 | 257,965 | 280,129 | 303,665 | 280,093 | 175,381 | 140,287 | 105,970 | 138,755 | 202,826 | 168,274 | 130,167 | |
21/28 |
670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 6,846 | 10,614 | 16,540 | 24,743 | 34,634 | 1,352 | 1,693 | 2,670 | 10,345 | 15,331 | 7,855 | 8,794 | |
22/27 |
- | - | - | - | - | - | - | - | 6,176 | 9,944 | 15,870 | 24,073 | 33,964 | 682 | 1,023 | 2,000 | 9,675 | 14,661 | 7,185 | 8,124 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 228 | 457 | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | 2,157 | 6,594 | 11,329 | 682 | 1,023 | 1,364 | 6,690 | 9,954 | 3,927 | 6,349 | |
26 |
- | - | - | - | - | - | - | - | 6,176 | 9,944 | 13,713 | 17,479 | 22,635 | - | - | 408 | 2,528 | 4,707 | 3,258 | 1,775 | |
28 |
670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | |
29/58 |
268,754 | 272,304 | 248,588 | 251,773 | 252,950 | 244,675 | 245,001 | 244,811 | 250,370 | 247,351 | 263,589 | 278,922 | 245,459 | 174,029 | 138,594 | 103,300 | 128,410 | 187,495 | 160,419 | 121,373 | |
3 |
268,754 | 272,304 | 243,859 | 249,739 | 240,620 | 242,623 | 242,623 | 242,623 | 249,306 | 244,434 | 255,286 | 277,276 | 244,320 | 169,474 | 129,269 | 96,795 | 119,818 | 164,909 | 147,683 | 94,788 | |
30/36 |
268,754 | 272,304 | 243,859 | 249,739 | 240,620 | 242,623 | 242,623 | 242,623 | 249,306 | 244,434 | 255,286 | 277,276 | 244,320 | 169,474 | 129,269 | 96,795 | 119,818 | 164,909 | 147,683 | 94,788 | |
40/41 |
- | - | - | - | - | - | - | - | - | - | 6,125 | - | - | 2,455 | 4,989 | 2,849 | 139 | - | 6,386 | 4,800 | |
40 |
- | - | - | - | - | - | - | - | - | - | 6,125 | - | - | 2,455 | - | - | - | - | 1,586 | - | |
41 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,989 | 2,849 | 139 | - | 4,800 | 4,800 | |
54/58 |
- | - | 4,729 | 2,034 | 12,330 | 2,052 | 2,379 | 2,189 | 1,065 | 2,918 | 2,178 | 1,065 | 1,139 | 2,100 | 4,336 | 3,656 | 8,453 | 22,586 | 6,189 | 21,785 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | 581 | - | - | - | - | - | - | 161 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
269,424 | 272,974 | 249,258 | 252,443 | 253,619 | 245,344 | 245,671 | 245,481 | 257,216 | 257,965 | 280,129 | 303,665 | 280,093 | 175,381 | 140,287 | 105,970 | 138,755 | 202,826 | 168,274 | 130,167 | |
10/15 |
99,812 | 95,868 | 106,418 | 99,578 | 85,827 | 77,570 | 72,573 | 71,062 | 53,403 | 41,568 | 37,768 | 25,092 | 22,538 | 12,486 | -11,262 | -33,750 | -15,950 | -661 | -4,104 | -9,114 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 9,197 | 9,197 | 9,197 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,395 | 9,395 | 9,395 | 12,395 | 12,395 | 12,395 | |
11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 627 | 627 | 627 | 627 | 627 | 627 | 627 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 627 | 627 | 627 | 627 | 627 | 627 | 627 | |
14 |
79,360 | 75,417 | 85,966 | 79,126 | 65,376 | 57,119 | 52,122 | 50,611 | 32,951 | 21,117 | 17,317 | 4,641 | 2,087 | -6,733 | -21,086 | -43,574 | -25,774 | -7,485 | -10,928 | -15,938 | |
17/49 |
169,612 | 177,106 | 142,840 | 152,865 | 167,792 | 167,774 | 173,098 | 174,419 | 203,814 | 216,397 | 242,361 | 278,573 | 257,555 | 162,895 | 151,549 | 139,720 | 154,705 | 203,487 | 172,378 | 139,281 | |
17 |
132,886 | 138,216 | 138,744 | - | - | - | - | - | - | - | - | - | - | - | 3,461 | 6,793 | - | 2,083 | - | - | |
170/4 |
132,886 | 138,216 | 138,744 | - | - | - | - | - | - | - | - | - | - | - | 3,461 | 6,793 | - | 2,083 | - | - | |
42/48 |
36,726 | 38,890 | 4,096 | 147,724 | 167,774 | 167,774 | 173,098 | 174,419 | 203,814 | 216,397 | 242,361 | 278,573 | 257,555 | 162,895 | 148,088 | 132,927 | 154,705 | 201,404 | 172,378 | 139,281 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,461 | 3,332 | 3,207 | 2,083 | - | - | 2,558 | |
43 |
7,431 | 1,192 | - | - | - | - | - | - | 6,501 | 6,508 | - | 4,343 | 7,027 | 6,796 | - | 10 | 10 | 5,010 | 10 | 4 | |
430/8 |
7,431 | 1,192 | - | - | - | - | - | - | 6,501 | 6,508 | - | 4,343 | 7,027 | 6,796 | - | 10 | 10 | 5,010 | 10 | 4 | |
44 |
18,207 | 28,251 | - | - | - | - | - | 4,983 | 28,755 | 64,714 | 100,152 | 75,640 | 70,330 | 31,726 | 57,995 | 34,203 | 18,232 | 23,193 | 38,565 | 13,637 | |
440/4 |
18,207 | 28,251 | - | - | - | - | - | 4,983 | 28,755 | 64,714 | 100,152 | 75,640 | 70,330 | 31,726 | 57,995 | 34,203 | 18,232 | 23,193 | 38,565 | 13,637 | |
45 |
11,088 | 9,447 | 4,096 | 2,712 | 8,688 | 8,688 | 9,755 | 4,964 | 38,911 | 15,529 | 12,562 | 64,952 | 17,922 | 3,815 | 4,294 | 4,294 | 24,564 | 53,544 | 48,035 | 50,752 | |
450/3 |
11,088 | 9,447 | 4,096 | 2,712 | 8,688 | 8,688 | 9,755 | 4,964 | 17,911 | 15,529 | 12,562 | 49,518 | 17,922 | 3,815 | - | - | - | 4,685 | 34,584 | 44,733 | |
454/9 |
- | - | - | - | - | - | - | - | 21,000 | - | - | 15,434 | - | - | 4,294 | 4,294 | 24,564 | 48,859 | 13,451 | 6,019 | |
47/48 |
- | - | - | 145,012 | 159,086 | 159,086 | 163,343 | 164,472 | 129,646 | 129,646 | 129,647 | 133,638 | 162,276 | 117,097 | 82,467 | 91,213 | 109,816 | 119,657 | 85,768 | 72,330 | |
492/3 |
- | - | - | 5,141 | 18 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
211,958 | 234,325 | - | - | - | - | - | - | - | - | - | - | - | 322,161 | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 413 | - | - | - | 1,485 | - | |
9900 |
9,311 | 30,235 | 14,850 | 18,407 | 7,427 | 13,024 | 5,224 | 23,937 | 15,756 | 9,823 | 21,174 | 41,156 | 41,030 | 20,244 | 27,566 | 4,302 | 15,878 | 32,584 | 37,407 | 33,386 | |
60/61 |
203,250 | 204,089 | - | - | - | - | - | - | - | - | - | - | - | 304,073 | - | - | - | - | - | - | |
62 |
- | 21,571 | 3,559 | - | - | - | - | - | - | - | - | - | - | - | - | 12,433 | 22,914 | 18,887 | 25,045 | 21,618 | |
630 |
- | - | - | - | - | - | - | 6,176 | 3,768 | 5,926 | 8,203 | 9,891 | 14,230 | 341 | 977 | 7,675 | 4,475 | 6,663 | 5,076 | 6,712 | |
640/8 |
3,951 | 3,416 | 4,451 | 4,657 | 1,042 | 8,027 | 3,291 | 101 | 154 | 97 | 295 | 2,805 | 738 | 764 | 1,369 | 1,329 | 1,620 | 3,215 | 3,289 | 2,306 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17 | - | |
9901 |
5,360 | 5,248 | 6,840 | 13,750 | 6,385 | 4,997 | 1,933 | 17,660 | 11,834 | 3,801 | 12,676 | 28,460 | 26,062 | 19,139 | 25,220 | -17,135 | -13,131 | 3,819 | 3,997 | 2,750 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | - | - | 61 | 160 | - | 202 | 55 | 170 | 1 | - | |
75 |
- | - | - | - | - | - | - | - | - | - | - | - | 61 | 160 | - | 202 | 55 | 170 | 1 | - | |
65/66B |
1,417 | 1,034 | - | - | - | - | 422 | - | - | - | - | 2,557 | 1,787 | 1,167 | 1,257 | 242 | 1,722 | 546 | 337 | 549 | |
65 |
1,417 | 1,034 | - | - | - | - | 422 | - | - | - | - | 2,557 | 1,787 | 1,167 | 1,257 | 242 | 1,722 | 546 | 337 | 549 | |
9903 |
3,943 | 4,214 | 6,840 | 13,750 | 6,385 | 4,997 | 1,510 | 17,660 | 11,834 | 3,801 | 12,676 | 25,903 | 24,336 | 18,132 | 24,376 | -17,175 | -14,798 | 3,443 | 5,129 | 2,201 | |
67/77 |
- | 14,763 | - | - | - | - | - | - | - | - | - | 18,349 | 3,484 | 3,779 | 1,888 | 625 | 3,491 | - | 119 | - | |
9904 |
3,943 | -10,549 | 6,840 | 13,750 | 6,385 | 4,997 | 1,510 | 17,660 | 11,834 | 3,801 | 12,676 | 7,554 | 20,852 | 14,353 | 22,488 | -17,800 | -18,289 | 3,443 | 5,010 | 2,201 | |
9905 |
3,943 | -10,549 | 6,840 | 13,750 | 6,385 | 4,997 | 1,510 | 17,660 | 11,834 | 3,801 | 12,676 | 7,554 | 20,852 | 14,353 | 22,488 | -17,800 | -18,289 | 3,443 | 5,010 | 2,201 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
79,360 | 75,417 | 85,966 | 79,126 | 65,376 | 57,119 | 52,122 | 50,611 | 32,951 | 21,117 | 17,317 | 9,641 | 14,119 | -6,733 | -21,086 | -43,574 | -25,774 | -7,485 | -10,928 | -15,938 | |
14P |
75,417 | 85,966 | 79,126 | 65,376 | 58,991 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,232 | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,232 | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | 5,000 | 10,800 | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 5,000 | 10,800 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,586 | 1,770 | - | - | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2001-2004) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-08-2026.
2025 annual accounts filed 4 days after the deadline. Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00391309.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 04-08-2026 | 2026-00391309 | |
| 31-12-2024 | full format | 01-07-2025 | 2025-00224052 | |
| 31-12-2023 | micro format | 22-08-2024 | 2024-00360031 | |
| 31-12-2022 | micro format | 16-11-2023 | 2023-00512969 | |
| 31-12-2021 | micro format | 16-11-2023 | 2023-00512989 | |
| 31-12-2020 | full format | 11-06-2021 | 2021-19400477 | |
| 31-12-2019 | full format | 01-12-2020 | 2020-74200067 | |
| 31-12-2018 | full format | 15-10-2019 | 2019-70400337 | |
| 31-12-2017 | full format | 20-10-2018 | 2018-69800508 | |
| 31-12-2016 | full format | 09-07-2017 | 2017-30600004 | |
| 31-12-2015 | full format | 13-07-2016 | 2016-32500594 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-53300015 | |
| 31-12-2013 | full format | 31-08-2014 | 2014-55900226 | |
| 31-12-2012 | full format | 29-08-2013 | 2013-51600150 | |
| 31-12-2011 | full format | 05-07-2012 | 2012-26900082 | |
| 31-12-2010 | full format | 26-08-2011 | 2011-46400203 | |
| 31-12-2009 | full format | 31-10-2010 | 2010-60100573 | |
| 31-12-2008 | full format | 31-10-2010 | 2010-60100111 | |
| 31-12-2007 | full format | 30-08-2008 | 2008-71300048 | |
| 31-12-2006 | full format | 28-03-2008 | 2008-09400315 | |
| 31-12-2004 | full format | 07-10-2005 | 2005-81604673 | |
| 31-12-2003 | full format | 25-04-2005 | 2005-12605341 | |
| 31-12-2002 | full format | 30-09-2003 | 2003-70301094 | |
| 31-12-2001 | full format | 12-06-2003 | 2003-22603471 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | 23,836 | 15,602 | 9,726 | 20,879 | 38,351 | 40,292 | 19,480 | 26,197 | -9,460 | -8,656 | 10,482 | 9,073 | 9,462 | ||
| - | - | - | - | - | - | - | 23,836 | 15,602 | 9,726 | 20,879 | 17,445 | 35,082 | 14,694 | 23,465 | -10,125 | -13,814 | 10,106 | 10,086 | 8,913 | ||
| - | - | - | - | - | - | - | 0 | 0 | -1 | 0 | 0 | 47,512 | 0 | 0 | 0 | 9,675 | 14,605 | 2,671 | - | ||
| - | - | 2,695 | -10,296 | 10,278 | -327 | 190 | 1,124 | -1,853 | 740 | 1,113 | -74 | -961 | -2,236 | 680 | -4,797 | -14,133 | 16,397 | -15,596 | - | ||
| 232,028 | 233,415 | 244,492 | 104,049 | 85,176 | 76,900 | 71,903 | 70,393 | 46,557 | 30,955 | 21,228 | 349 | -12,096 | 11,134 | -9,494 | -29,627 | -26,295 | -13,909 | -11,959 | -17,908 | ||
| 2.5% | 2.2% | - | - | - | - | - | - | - | - | - | - | - | 5.9% | - | - | - | - | - | - | ||
| 37.0% | 35.1% | 42.7% | 39.4% | 33.8% | 31.6% | 29.5% | 28.9% | 20.8% | 16.1% | 13.5% | 8.3% | 8.0% | 7.1% | -8.0% | -31.8% | -11.5% | -0.3% | -2.4% | -7.0% | ||
| 7.32 | 7.00 | 60.70 | 1.70 | 1.51 | 1.46 | 1.42 | 1.40 | 1.23 | 1.14 | 1.09 | 1.00 | 0.95 | 1.07 | 0.94 | 0.78 | 0.83 | 0.93 | 0.93 | 0.87 | ||
| 0.00 | 0.00 | 1.15 | 0.01 | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.00 | 0.03 | 0.06 | 0.05 | 0.06 | 0.11 | 0.07 | 0.19 | ||
| 1.70 | 1.85 | 1.34 | 1.54 | 1.95 | 2.16 | 2.39 | 2.45 | 3.82 | 5.21 | 6.42 | 11.10 | 11.43 | 13.05 | - | - | - | - | - | - | ||
| 4.0% | -11.0% | 6.4% | 13.8% | 7.4% | 6.4% | 2.1% | 24.9% | 22.2% | 9.1% | 33.6% | 30.1% | 92.5% | 115.0% | - | - | - | - | - | - | ||
| 1.5% | -3.9% | 2.7% | 5.4% | 2.5% | 2.0% | 0.6% | 7.2% | 4.6% | 1.5% | 4.5% | 2.5% | 7.4% | 8.2% | 16.0% | -16.8% | -13.2% | 1.7% | 3.0% | 1.7% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 3 days | - | - | - | - | - | - | ||
| 33 days | 51 days | - | - | - | - | - | - | - | - | - | - | - | 38 days | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is 2% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 64.9% to 63.0%. Equity is higher and debt is lower.
S.E.M. has no parent and no holdings in its annual accounts. DEVECI SERDAL is the only director. S.E.M. shares no director with another company.
| Diallo, Aïssata (sole trader)
establishment since 03-01-2025 |
founded in 2025 1018.364.792 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
S.E.M. was incorporated on 25 February 2000.1 DEVECI SERDAL is director of the company, appointed by deed of 08-12-2023.2 Total assets went from €245,481 in 2018 to €269,424 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| - registered office Haachtsesteenweg 181, 1030 Schaerbeek | 01-01-2008 | 2.167.367.010 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21908E0234/00L000 | 399 m² | 1 · 175 m² | 15.7 m · 4 |
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