SEDELA
ActiveSummary
The computed 12-month bankruptcy probability of SEDELA is 1.9% (moderate). The 2025 annual accounts show negative equity (€-92k) and a net result of €-5k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 27965 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-15
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.14 in 2024; short-term debt: 539.4% and cash: 25.4% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-439.4%
Return on assets
-22.5%
Age of the figures
18 mo
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-92k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
31 d early
2021
2 d early
2020
39 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€-92k▼ 5.4%
2024 · €-87k
Total assets
€21k▼ 42.3%
2024 · €36k
Net result
€-5k▼ 305%
2024 · €-1k
Working capital
€-105k▲ 1.5%
2024 · €-106k
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
Line20212022202320242025
Operating result€-1k▲ 19.7%€-884▲ 36.8%€-4k▼ 388%€162€-4k
Net result€-5k▲ 17.4%€-4k▲ 25.0%€-7k▼ 63.0%€-1k▲ 82.3%€-5k▼ 305%
Equity€-75k▼ 7.7%€-80k▼ 5.3%€-86k▼ 8.3%€-87k▼ 1.4%€-92k▼ 5.4%
Total assets€76k▼ 21.2%€68k▼ 11.5%€45k▼ 34.0%€36k▼ 18.5%€21k▼ 42.3%
Debt€152k▼ 9.1%€147k▼ 3.1%€131k▼ 11.2%€124k▼ 5.4%€113k▼ 8.6%
Working capital€-102k▼ 4.7%€-109k▼ 7.0%€-114k▼ 4.9%€-106k▲ 6.7%€-105k▲ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €162 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€13k ▼ 33.2%
Current assets
€8k ▼ 52.5%
Key figures and ratios
EBITDA
€16k▼
2024 · €21k
Cash flow
€15k▼
2024 · €20k
Solvency
-439.4%▼
2024 · -240.4%
Current ratio
0.07▼
2024 · 0.14
Quick ratio
0.06▼
2024 · 0.14
Debt to equity
-1.23▲
2024 · -1.42
ROA
-22.5%▼
2024 · -3.2%
Interest coverage
41.71▲
2024 · 15.96
Debt ≤ 1 year
€113k▼
2024 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €19k | €21k | €21k | €20k | ▼ 5.0% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €18k | €19k | €17k | €22k | €16k | ▼ 26.1% |
| Operating profit (loss)9901 | €-1k | €-884 | €-4k | €162 | €-4k | ▼ 2,836% |
| Financial income75/76B | - | €1 | - | €0 | €86 | ▲ 26,722% |
| Recurring financial income75 | €5 | €1 | - | €0 | €86 | ▲ 26,722% |
| Financial charges65/66B | - | €3k | €2k | €1k | €373 | ▼ 71.9% |
| Recurring financial charges65 | €4k | €3k | €2k | €1k | €373 | ▼ 71.9% |
| Profit (loss) for the period before taxes9903 | €-5k | €-4k | €-7k | €-1k | €-5k | ▼ 305% |
| Profit (loss) for the period9904 | €-5k | €-4k | €-7k | €-1k | €-5k | ▼ 305% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-4k | €-7k | €-1k | €-5k | ▼ 305% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76k | €68k | €45k | €36k | €21k | ▼ 42.3% |
| Fixed assets21/28 | €72k | €59k | €40k | €19k | €13k | ▼ 33.2% |
| Tangible fixed assets22/27 | €72k | €59k | €40k | €19k | €13k | ▼ 33.2% |
| Land and buildings22 | - | €53k | €33k | €14k | €276 | ▼ 98.0% |
| Plant, machinery and equipment23 | - | €6k | €7k | €5k | €3k | ▼ 33.4% |
| Furniture and vehicles24 | - | - | - | - | €9k | - |
| Financial fixed assets28 | €277 | €277 | - | - | - | - |
| Current assets29/58 | €4k | €9k | €4k | €17k | €8k | ▼ 52.5% |
| Stocks and contracts in progress3 | - | - | - | - | €1k | - |
| Stocks30/36 | - | - | - | - | €1k | - |
| Amounts receivable within one year40/41 | €13 | €2k | €2k | €11k | €66 | ▼ 99.4% |
| Trade receivables40 | - | €689 | €2k | €11k | - | - |
| Other amounts receivable41 | - | €1k | - | €550 | €66 | ▼ 88.0% |
| Cash at bank and in hand54/58 | €2k | €5k | €2k | €5k | €5k | ▲ 15.1% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | €1k | €2k | ▲ 20.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76k | €68k | €45k | €36k | €21k | ▼ 42.3% |
| Equity10/15 | €-75k | €-80k | €-86k | €-87k | €-92k | ▼ 5.4% |
| Contributions10/11 | - | €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 | €-96k | €-100k | €-107k | €-108k | €-112k | ▼ 4.4% |
| Amounts payable17/49 | €152k | €147k | €131k | €124k | €113k | ▼ 8.6% |
| Amounts payable after more than one year17 | €46k | €30k | €12k | - | - | - |
| Financial debts170/4 | - | €30k | €12k | - | - | - |
| Amounts payable within one year42/48 | €106k | €117k | €118k | €124k | €113k | ▼ 8.6% |
| Current portion of amounts payable after more than one year42 | - | €17k | €17k | €12k | - | - |
| Trade debts44 | €364 | €196 | €460 | €201 | €1k | ▲ 617% |
| Suppliers440/4 | - | €26 | €460 | €201 | €1k | ▲ 617% |
| Bills of exchange payable441 | - | €170 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €144 | €88 | €299 | - | - |
| Taxes450/3 | - | €144 | €88 | €299 | - | - |
| Other amounts payable47/48 | - | €101k | €100k | €111k | €111k | ▲ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-4k | €-7k | €-1k | €-5k | ▼ 305% |
| + Depreciation and write-downs630 | €19k | €19k | €21k | €21k | €20k | ▼ 5.0% |
| Operating cash flow (approximation) | €14k | €15k | €14k | €20k | €15k | ▼ 23.2% |
| Investment in fixed assets (approximation) | - | €-6k | €-2k | €0 | €-14k | - |
| Change in cash | - | €3k | €-3k | €3k | €697 | ▼ 76.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
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, Duffel · 1 establishment unit since 2009
Ground area
1,373 m²
Building footprint
112 m²
Volume, LiDAR
401 m³
Parcel 12302C0135/00T002, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SEDELA
since 20092.183.326.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302C0135/00T002 | Flanders | 1,373 m² | 1 · 112 m² | 5.8 m · 1 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.
Similar companies · same sector and region
Mouriau en zo
BE 1026.293.157
Duffel
Stefaan Hermans
BE 0500.937.692
Duffel
TRI - MONTA
BE 0455.324.136
Duffel
AANNEMINGEN HENDRIK JACOBS
BE 0451.885.188
Puurs-Sint-Amands
ADG AUTOMATISATIE & ELECTROTECHNIEK
BE 0472.530.055
Schoten
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,094 companies in sector 43240 we hold annual accounts for 1,633. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2009
Fiscal year end31-03
Activities, NACEBEL 2025
43240Other construction installation
43110Demolition
43990Other specialised construction activities
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.