S.E.M.D.
ActiveSummary
S.E.M.D. has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52k and a net result of €2k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-6
Solvency94▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 3.09 in 2023; short-term debt: 30.8% and cash: 36.4% of total assets), and 30.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
69.2%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-08-2025, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
17 d late
2023
28 d late
2022
7 d late
2021
4 d late
2020
2 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€52k▲ 3.1%
2023 · €50k
Total assets
€75k▲ 5.2%
2023 · €71k
Net result
€2k▼ 66.7%
2023 · €5k
Working capital
€43k▼ 0.9%
2023 · €44k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-4k€8k€4k▼ 55.8%€5k▲ 40.8%€2k▼ 55.2%
Net result€-4k€8k€4k▼ 50.0%€5k▲ 11.5%€2k▼ 66.7%
Equity€35k▼ 12.4%€42k▲ 20.4%€45k▲ 7.1%€50k▲ 10.3%€52k▲ 3.1%
Total assets€102k▼ 16.2%€146k▲ 43.0%€111k▼ 24.1%€71k▼ 35.9%€75k▲ 5.2%
Debt€67k▼ 18.1%€104k▲ 54.9%€65k▼ 36.9%€21k▼ 68.0%€23k▲ 10.3%
Working capital€5k€-20k€-5k▲ 76.1%€44k€43k▼ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75k
Fixed assets
€8k ▲ 30.3%
Current assets
€66k ▲ 2.7%
Equity and liabilities €75k
Equity
€52k ▲ 3.1%
Debt
€23k ▲ 10.3%
Debt's share of the balance-sheet total rises from 29.4% to 30.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €13k
Cash flow
€4k▼
2023 · €13k
Current ratio
2.88▼
2023 · 3.09
Quick ratio
1.34▼
2023 · 2.02
Debt to equity
0.45▲
2023 · 0.42
ROE
3.0%▼
2023 · 9.3%
ROA
2.1%▼
2023 · 6.6%
Interest coverage
47.21▼
2023 · 49.73
Debt ≤ 1 year
€23k▲
2023 · €21k
Income taxes
€554
Staff costs
€8k▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9k | €10k | €11k | €8k | ▼ 25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €33k | €29k | €8k | €3k | ▼ 68.3% |
| Other operating charges640/8 | - | €348 | €348 | €484 | €474 | ▼ 2.2% |
| Gross operating margin9900 | €35k | €51k | €43k | €25k | €14k | ▼ 45.0% |
| Operating profit (loss)9901 | €-4k | €8k | €4k | €5k | €2k | ▼ 55.2% |
| Financial income75/76B | - | €1k | €1k | - | - | - |
| Recurring financial income75 | €1k | €1k | €1k | - | - | - |
| Financial charges65/66B | - | €744 | €518 | €267 | €103 | ▼ 61.5% |
| Recurring financial charges65 | €837 | €744 | €518 | €267 | €103 | ▼ 61.5% |
| Profit (loss) for the period before taxes9903 | €-4k | €8k | €4k | €5k | €2k | ▼ 54.9% |
| Income taxes67/77 | - | - | - | - | €554 | - |
| Profit (loss) for the period9904 | €-4k | €8k | €4k | €5k | €2k | ▼ 66.7% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €8k | €4k | €5k | €2k | ▼ 66.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102k | €146k | €111k | €71k | €75k | ▲ 5.2% |
| Fixed assets21/28 | €67k | €80k | €50k | €6k | €8k | ▲ 30.3% |
| Tangible fixed assets22/27 | €67k | €80k | €50k | €6k | €8k | ▲ 31.0% |
| Plant, machinery and equipment23 | - | €76k | €48k | €6k | €8k | ▲ 39.7% |
| Furniture and vehicles24 | - | €3k | €2k | €395 | - | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €35k | €66k | €61k | €65k | €66k | ▲ 2.7% |
| Stocks and contracts in progress3 | - | €19k | €26k | €22k | €36k | ▲ 59.0% |
| Stocks30/36 | - | €19k | €26k | €22k | €36k | ▲ 59.0% |
| Amounts receivable within one year40/41 | €27k | €43k | €9k | €31k | €3k | ▼ 89.6% |
| Trade receivables40 | - | €41k | €9k | €11k | €577 | ▼ 94.6% |
| Other amounts receivable41 | - | €2k | €565 | €20k | €3k | ▼ 86.9% |
| Cash at bank and in hand54/58 | €7k | €4k | €24k | €11k | €27k | ▲ 143% |
| Deferred charges and accrued income490/1 | - | €408 | €665 | €353 | €351 | ▼ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102k | €146k | €111k | €71k | €75k | ▲ 5.2% |
| Equity10/15 | €35k | €42k | €45k | €50k | €52k | ▲ 3.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €12k | €21k | €25k | €30k | €31k | ▲ 5.2% |
| Investment grants15 | - | €1k | - | - | - | - |
| Amounts payable17/49 | €67k | €104k | €65k | €21k | €23k | ▲ 10.3% |
| Amounts payable after more than one year17 | €37k | €17k | - | - | - | - |
| Financial debts170/4 | - | €17k | - | - | - | - |
| Amounts payable within one year42/48 | €30k | €87k | €65k | €21k | €23k | ▲ 10.3% |
| Current portion of amounts payable after more than one year42 | - | €20k | €17k | - | - | - |
| Trade debts44 | €251 | €20k | €945 | €5k | €11k | ▲ 146% |
| Suppliers440/4 | - | €20k | €945 | €5k | €11k | ▲ 146% |
| Taxes, remuneration and social security45 | - | €1k | €1k | €9k | €3k | ▼ 68.4% |
| Taxes450/3 | - | - | - | €6k | €554 | ▼ 91.0% |
| Remuneration and social security454/9 | - | €1k | €1k | €3k | €2k | ▼ 14.2% |
| Other amounts payable47/48 | - | €45k | €46k | €8k | €9k | ▲ 18.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €8k | €4k | €5k | €2k | ▼ 66.7% |
| + Depreciation and write-downs630 | €31k | €33k | €29k | €8k | €3k | ▼ 68.3% |
| Operating cash flow (approximation) | €27k | €41k | €34k | €13k | €4k | ▼ 67.7% |
| Investment in fixed assets (approximation) | - | €-46k | €0 | €36k | €-5k | ▼ 113% |
| Change in cash | - | €-3k | €20k | €-13k | €16k | ▲ 224% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 3.09
Current ratio from 0.93 to 3.09; short-term debt falls from €65k to €21k.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
2 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, Frasnes-lez-Anvaing · 1 establishment unit since 2018
Ground area
1,677 m²
Building footprint
216 m²
Volume, LiDAR
1,350 m³
Parcel 51029A0119/00M000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.E.M.D
since 20182.276.084.412
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51029A0119/00M000 | Wallonia | 1,676 m² | 1 · 216 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFrasnes-lez-Anvaing2.276.084.412
Similar companies · same sector, comparable size
ANTINUISIBLE
BE 0751.525.910
Namur · Eq €51,828
Kelber Jan
BE 0802.352.524
Berlaar · Eq €51,359
CUMA de la Ligne 94
BE 0746.692.043
Tournai · Eq €52,071
BERTHOLET GASTON et BRUNO
BE 0431.308.421
Beauraing · Eq €51,321
VANDEVELDE AGRI
BE 0860.768.201
Landen · Eq €51,301
Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
Scores and ratios are computed by Checked and are not a credit decision.