SEDEGO
ActiveSEDEGO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €467k and a net result of €36k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-2
Solvency96▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.11 against 3.36 in 2024; short-term debt: 18.3% and cash: 5.2% of total assets), and 28.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.3%
Return on assets
5.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 10 filingsDeviation from the deadline
2025
12 d late
2024
25 d late
2023
30 d early
2022
29 d late
2021
9 d early
2020
25 d early
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▼ 35.1%
2024 · €55k
2018: €6k
2019: €12k
2020: €-3k
2021: €39k
2022: €26k
2023: €24k
2024: €55k
2018 → 2025
Working capital
€492k▼ 1.3%
2024 · €498k
2018: €318k
2019: €325k
2020: €311k
2021: €485k
2022: €473k
2023: €460k
2024: €498k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€325k-€351k▲ 8.1%€376k▲ 6.9%€431k▲ 14.7%€467k▲ 8.3%
Operating result€45k-€35k▼ 22.8%€36k▲ 2.5%€76k▲ 115%€50k▼ 34.9%
Net result€39k-€26k▼ 32.1%€24k▼ 7.8%€55k▲ 126%€36k▼ 35.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655k
Fixed assets
€43k▲ 23.6%
Current assets
€611k▼ 13.8%
Equity and liabilities €655k
Equity
€467k▲ 8.3%
Provisions
€12k▼ 1.8%
Debt
€176k▼ 41.5%
The debt ratio falls from 40.4% to 26.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €87k
Cash flow
€45k▼
2024 · €66k
Solvency
71.3%▲
2024 · 57.9%
Current ratio
5.11▲
2024 · 3.36
Quick ratio
1.10▲
2024 · 0.98
Debt / equity
0.38▼
2024 · 0.70
ROE
7.7%▼
2024 · 12.8%
ROA
5.5%▼
2024 · 7.4%
Interest coverage
11.87▼
2024 · 15.01
Debt
€176k▼
2024 · €301k
Debt ≤ 1 year
€120k▼
2024 · €211k
Debt > 1 year
€56k▼
2024 · €90k
Income taxes
€13k▲
2024 · €7k
Staff costs
€89k▼
2024 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€744k€655k▼
Fixed assets21/28€35k€43k▲
Intangible fixed assets21€3k-
Tangible fixed assets22/27€32k€41k▲
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€31k€37k▲
Financial fixed assets28-€3k
Current assets29/58€709k€611k▼
Stocks and contracts in progress3€501k€480k▼
Stocks30/36€501k€480k▼
Amounts receivable within one year40/41€143k€96k▼
Trade receivables40€37k€52k▲
Other amounts receivable41€106k€44k▼
Cash at bank and in hand54/58€63k€34k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€744k€655k▼
Equity10/15€431k€467k▲
Contributions10/11€99k€99k=
Capital10€99k€99k=
Issued capital100€99k€99k=
Reserves13€60k€59k▼
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€50k€49k▼
Profit (loss) carried forward14€272k€309k▲
Provisions and deferred taxes16€12k€12k▼
Deferred taxes168€12k€12k▼
Amounts payable17/49€301k€176k▼
Amounts payable after more than one year17€90k€56k▼
Financial debts170/4€90k€56k▼
Amounts payable within one year42/48€211k€120k▼
Current portion of amounts payable after more than one year42€43k€34k▼
Financial debts43€36k€33k▼
Credit institutions430/8€9k€6k▼
Other loans439€27k€27k=
Trade debts44€85k€21k▼
Suppliers440/4€85k€21k▼
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3-€3k
Remuneration and social security454/9€8k€15k▲
Other amounts payable47/48€39k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€92k€89k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€11k€2k▼
Gross operating margin9900€190k€150k▼
Operating profit (loss)9901€76k€50k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€74k€48k▼
Transfer from deferred taxes780-€215
Transfer to deferred taxes680€12k-
Income taxes67/77€7k€13k▲
Profit (loss) for the period9904€55k€36k▼
Transfer from tax-exempt reserves789-€644
Transfer to tax-exempt reserves689€37k-
Profit (loss) for the period to be appropriated9905€19k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€272k€309k▲
Profit (loss) brought forward from the previous period14P€254k€272k▲
Social balance
Average headcount (FTE)9087-2.4
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 12 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €55k ▲126%
Operating result €76k, net result €55k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-3k ▼125%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Thuin · 2 establishment units since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Marbaix(GOZ) 16534 ThuinGround area
4,405 m²
Building footprint
1,318 m²
Volume, LiDAR
6,095 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SEDEGO
since 19952.070.332.663
SEDEGO
since 20212.341.402.727
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56015D0063/00P000 | Wallonia | 2,501 m² | 1 · 1,173 m² | 6.5 m · 2 fl. |
| 56030C0052/00P000 | Wallonia | 1,904 m² | 1 · 145 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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KLACKEN
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YETI-BOWL
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Régie Communale Autonome Douroise
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 1,032 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1995
Fiscal year end31-12
Activities, NACEBEL
47639Retail sale of other sporting goods
47640Retail trade
92613
93110Operation of sports facilities
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.