SEBE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SEBE CONSTRUCT is 16.7% (high). The 2025 annual accounts show equity of €34,654 and a net result of €791. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 92% of 34,789 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
- Equity
- €34,654
- Profit
- €791
Why 17raises risk2 changes of registered office in 24 monthsEx-officio strike-off in the KBOLiquidity: current ratio 8.79, cash €64Founded in 2023Show the evidence
Checked score
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
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, micro): better than 90% on solvency, 41% on liquidity, 21% on profitability and 41% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 3 accounts on average 40 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €791 ▼92.8%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has fallen two years in a row; 2025 is 97% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 16.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €574 | - | - |
| Other operating charges640/8 | €900 | €300 | €1,200 | ▲ 300% |
| Gross operating margin9900 | €30,931 | €12,335 | €1,512 | ▼ 87.7% |
| Operating profit (loss)9901 | €30,031 | €11,461 | €312 | ▼ 97.3% |
| Financial income75/76B | €267 | €2,343 | €1,287 | ▼ 45.1% |
| Recurring financial income75 | €267 | €2,343 | €1,287 | ▼ 45.1% |
| Financial charges65/66B | €83 | €71 | €310 | ▲ 337% |
| Recurring financial charges65 | €83 | €71 | €310 | ▲ 337% |
| Profit (loss) for the period before taxes9903 | €30,215 | €13,733 | €1,289 | ▼ 90.6% |
| Income taxes67/77 | €7,779 | €2,807 | €498 | ▼ 82.3% |
| Profit (loss) for the period9904 | €22,436 | €10,927 | €791 | ▼ 92.8% |
| Profit (loss) for the period to be appropriated9905 | €22,436 | €10,927 | €791 | ▼ 92.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33,359 | €46,799 | €39,092 | ▼ 16.5% |
| Fixed assets21/28 | €90 | €90 | €90 | = |
| Financial fixed assets28 | €90 | €90 | €90 | = |
| Current assets29/58 | €33,269 | €46,709 | €39,002 | ▼ 16.5% |
| Amounts receivable within one year40/41 | €33,269 | €46,697 | €38,938 | ▼ 16.6% |
| Trade receivables40 | €22,743 | €22,309 | €18,130 | ▼ 18.7% |
| Other amounts receivable41 | €10,526 | €24,388 | €20,808 | ▼ 14.7% |
| Cash at bank and in hand54/58 | - | €12 | €64 | ▲ 456% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33,359 | €46,799 | €39,092 | ▼ 16.5% |
| Equity10/15 | €22,936 | €33,863 | €34,654 | ▲ 2.3% |
| Contributions10/11 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €22,436 | €33,363 | €34,154 | ▲ 2.4% |
| Amounts payable17/49 | €10,423 | €12,936 | €4,438 | ▼ 65.7% |
| Amounts payable within one year42/48 | €10,423 | €12,936 | €4,438 | ▼ 65.7% |
| Financial debts43 | €34 | - | - | - |
| Credit institutions430/8 | €34 | - | - | - |
| Trade debts44 | €2,610 | €2,351 | €227 | ▼ 90.3% |
| Suppliers440/4 | €2,610 | €2,351 | €227 | ▼ 90.3% |
| Taxes, remuneration and social security45 | €7,779 | €10,585 | €4,211 | ▼ 60.2% |
| Taxes450/3 | €7,779 | €10,585 | €4,211 | ▼ 60.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,436 | €10,927 | €791 | ▼ 92.8% |
| Operating cash flow (approximation) | €22,436 | €10,927 | €791 | ▼ 92.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | - | €53 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 07-07-2026 | 2026-00287492 |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00525644 |
| 31-12-2023 | micro format | 22-10-2024 | 2024-00518818 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SEBE Marian-Narcis |
|
Owners and capital
Capital and shareholders
- SEBE Marian-Narcis 100 shares (100%) · €500 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-02-2023 Incorporation · €500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
SEBE CONSTRUCT was incorporated on 14 February 2023 as a private limited company by one natural person, with a starting capital of €500.12 The registered office moved to Grimbergen in 2025 and to Sint-Pieters-Leeuw in 2026.34 Since 2023, SEBE Marian-Narcis has served as director of the company.2 Total assets rose from €33,359 in 2023 to €39,092 in 2025.5
Acts, filings and financial milestones
20-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 16-10-2026
- Registered-office move, Bergensesteenweg 24 bus 8, 1600 Sint-Pieters-Leeuw
30-09
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- General meeting, 15-09-2025
- Registered-office move, Mutsaardplein 2 1853 Grimbergen
- Director in office, Sebe Marian Narcis (director)
16-02
Gazette deed
IncorporationAppointment: SEBE Marian-Narcis (director) · Founder · Founding capital7 facts ▸
- Incorporation, “SEBE CONSTRUCT” (deed in Dutch)
- Founder, SEBE Marian-Narcis (comparant)
- Founding capital, €500
- Capital
- Board rule, 1
- Director appointment, SEBE Marian-Narcis (director (not named in the articles))
- Other provision, “dag van verkrijging rechtspersoonlijkheid hetzij dag van neerlegging ter griffie van uitgifte oprichtingsakte, begin van werkzaamheden” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0798.421.549
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21332B0458/00Y006 | Brussels | 75 m² | 1 · 92 m² | 15.3 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SEBE CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, natuurlijke personen of rechtspersonen” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft kopers naar evenredigheid, nietigheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V. ALGEMENE VERGADERING Artikel 17. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten” (deed in Dutch)