SEART CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SEART CONSTRUCT is 5.6% (elevated). The 2024 annual accounts show equity of €15k and a net result of €15k. Its solvency ranks better than 15% of 36375 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability72
Solvency36
Growth-
Track record79
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.92; short-term debt: 88.7% and cash: 43% of total assets), and 88.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
11.3%
Return on assets
11.3%
Age of the figures
22 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 27-06-2025, 3 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€456k
EBIT margin
4.3%
Net result
€15k
Working capital
€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €136k
Fixed assets
€25k
Current assets
€111k
Equity and liabilities €136k
Equity
€15k
Debt
€121k
Debt finances 88.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€34k
Cash flow
€30k
Current ratio
0.92
Debt to equity
7.82
ROE
100.0%
ROA
11.3%
Interest coverage
391.31
Debt ≤ 1 year
€121k
Income taxes
€4k
Staff costs
€155
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet
Code2024
Assets
Total assets20/58€136k
Fixed assets21/28€25k
Tangible fixed assets22/27€25k
Plant, machinery and equipment23€14k
Furniture and vehicles24€11k
Current assets29/58€111k
Amounts receivable within one year40/41€53k
Trade receivables40€39k
Other amounts receivable41€14k
Cash at bank and in hand54/58€59k
Equity and liabilities
Total equity and liabilities10/49€136k
Equity10/15€15k
Profit (loss) carried forward14€15k
Amounts payable17/49€121k
Amounts payable within one year42/48€121k
Trade debts44€112k
Suppliers440/4€74k
Bills of exchange payable441€38k
Taxes, remuneration and social security45€8k
Taxes450/3€4k
Remuneration and social security454/9€5k
Other amounts payable47/48€798
Income statement
Code2024
Turnover70€456k
Goods, raw materials, services and sundry goods60/61€422k
Remuneration, social security and pensions62€155
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k
Other operating charges640/8€240
Gross operating margin9900€34k
Operating profit (loss)9901€19k
Financial charges65/66B€86
Recurring financial charges65€86
Profit (loss) for the period before taxes9903€19k
Income taxes67/77€4k
Profit (loss) for the period9904€15k
Profit (loss) for the period to be appropriated9905€15k
Appropriation of the result
Profit (loss) to be appropriated9906€15k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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.
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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, Brussel · 1 establishment unit since 2023
Ground area
575 m²
Building footprint
256 m²
Volume, LiDAR
4,296 m³
Parcel 21816G0106/00B005, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SEART CONSTRUCT
since 20232.347.413.757
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816G0106/00B005 | Brussels | 575 m² | 1 · 256 m² | 20.6 m · 6 fl. |
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.
Similar companies · same sector, comparable size
GLOBAL BUILDING CONCEPT
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BE 0664.855.519
Kasterlee · Eq €15,427
STUKADOORBEDRIJF PERPET
BE 0879.382.105
Kampenhout · Eq €15,537
ADC-CONSTRUCT
BE 0632.562.041
Brasschaat · Eq €15,539
5G
BE 0818.243.203
Quévy · Eq €15,569
Of 4,014 companies in sector 43310 we hold annual accounts for 1,746. 1,227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2023
Fiscal year end30-11
Activities, NACEBEL 2025
43310Plastering work
43320Joinery installation
43341Painting of buildings
43990Other specialised construction activities
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:calancea.sorin@yahoo.com
Phone:0493402369