SEDIMMO
ActiveSummary
SEDIMMO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €667,985 and a net result of €78,967. Equity is shrinking by ~22.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 93% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+66
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 20.22 against 81.25 in 2024; short-term debt: 3.7% and cash: 51.4% of total assets), and 3.7% of the assets are financed with debt.
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Signals
Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
96.3%
Return on assets
11.4%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
25 d early
2024
44 d early
2023
35 d early
2022
40 d early
2021
31 d early
2020
22 d early
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€78,967
2024 · -€791,662
Working capital
€492,686▲ 19.1%
2024 · €413,719
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€1.1m▲ 205%€80.7m▲ 7,197%-€386,273-€20,563▲ 94.7%€71,554
Net result€688,268▲ 194%€69.1m▲ 9,933%-€374,884-€791,662▼ 111%€78,967
Equity€4.4m▲ 17.6%€1.8m▼ 60.3%€1.4m▼ 21.4%€589,018▼ 57.3%€667,985▲ 13.4%
Total assets€21.7m▼ 0.3%€18.1m▼ 16.5%€14.4m▼ 20.5%€594,174▼ 95.9%€693,623▲ 16.7%
Debt€17.2m▼ 3.9%€16.4m▼ 4.8%€13.0m▼ 20.5%€5,156▼ 100.0%€25,638▲ 397%
Working capital-€795,025-€55,609▲ 93.0%-€780,106▼ 1,303%€413,719€492,686▲ 19.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €71,554 after a loss of €20,563 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €693,623
Fixed assets
€175,299 =
Current assets
€518,325 ▲ 23.7%
Equity and liabilities €693,623
Equity
€667,985 ▲ 13.4%
Debt
€25,638 ▲ 397%
Debt's share of the balance-sheet total rises from 0.9% to 3.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
20.22▼
2024 · 81.25
Debt to equity
0.04▲
2024 · 0.01
ROE
11.8%▲
2024 · -134.4%
ROA
11.4%▲
2024 · -133.2%
Debt ≤ 1 year
€25,638▲
2024 · €5,156
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €108,987 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.1m | €1.2m | - | - | - | - |
| Other operating charges640/8 | €218,014 | €223,406 | €1,169 | €968 | €1,207 | ▲ 24.8% |
| Non-recurring operating charges66A | - | - | €386,797 | - | - | - |
| Gross operating margin9900 | €2.4m | €82.2m | €1,694 | -€19,596 | €72,761 | ▲ 471% |
| Operating profit (loss)9901 | €1.1m | €80.7m | -€386,273 | -€20,563 | €71,554 | ▲ 448% |
| Financial income75/76B | €27,423 | €2.5m | €16,167 | €605,304 | €8,246 | ▼ 98.6% |
| Recurring financial income75 | €27,423 | €232,244 | €16,167 | €151,903 | €8,246 | ▼ 94.6% |
| Non-recurring financial income76B | - | €2.3m | - | €453,401 | - | - |
| Financial charges65/66B | €228,177 | €1.8m | €4,778 | €1.4m | €833 | ▼ 99.9% |
| Recurring financial charges65 | €228,177 | €273,956 | €4,778 | €1.4m | €833 | ▼ 99.9% |
| Non-recurring financial charges66B | - | €1.5m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €905,769 | €81.4m | -€374,884 | -€791,662 | €78,967 | ▲ 110% |
| Transfer from deferred taxes780 | €24,374 | €87,437 | - | - | - | - |
| Income taxes67/77 | €241,875 | €12.5m | €0 | €0 | - | - |
| Profit (loss) for the period9904 | €688,268 | €69.1m | -€374,884 | -€791,662 | €78,967 | ▲ 110% |
| Profit (loss) for the period to be appropriated9905 | €688,268 | €69.1m | -€374,884 | -€791,662 | €78,967 | ▲ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21.7m | €18.1m | €14.4m | €594,174 | €693,623 | ▲ 16.7% |
| Fixed assets21/28 | €20.9m | €14.2m | €14.2m | €175,299 | €175,299 | = |
| Tangible fixed assets22/27 | €20.7m | - | - | - | - | - |
| Land and buildings22 | €20.0m | - | - | - | - | - |
| Leasing and similar rights25 | €734,552 | - | - | - | - | - |
| Financial fixed assets28 | €180,000 | €14.2m | €14.2m | €175,299 | €175,299 | = |
| Current assets29/58 | €768,228 | €4.0m | €236,068 | €418,875 | €518,325 | ▲ 23.7% |
| Amounts receivable within one year40/41 | €18,434 | €2.3m | €5,392 | €66,720 | €132,450 | ▲ 98.5% |
| Trade receivables40 | - | - | €2,000 | - | - | - |
| Other amounts receivable41 | €18,434 | €2.3m | €3,392 | €66,720 | €132,450 | ▲ 98.5% |
| Cash at bank and in hand54/58 | €749,183 | €1.6m | €215,665 | €329,944 | €356,463 | ▲ 8.0% |
| Deferred charges and accrued income490/1 | €611 | €7,811 | €15,012 | €22,212 | €29,412 | ▲ 32.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21.7m | €18.1m | €14.4m | €594,174 | €693,623 | ▲ 16.7% |
| Equity10/15 | €4.4m | €1.8m | €1.4m | €589,018 | €667,985 | ▲ 13.4% |
| Contributions10/11 | €218,068 | €218,068 | €218,068 | €218,068 | €218,068 | = |
| Capital10 | €218,068 | €218,068 | €218,068 | €218,068 | €218,068 | = |
| Issued capital100 | €218,068 | €218,068 | €218,068 | €218,068 | €218,068 | = |
| Reserves13 | €4.0m | €1.5m | €1.2m | €370,950 | €449,917 | ▲ 21.3% |
| Non-distributable reserves130/1 | €21,807 | €21,807 | €21,807 | €21,807 | €21,807 | = |
| Legal reserve130 | €21,807 | €21,807 | €21,807 | €21,807 | €21,807 | = |
| Distributable reserves133 | €4.0m | €1.5m | €1.1m | €349,143 | €428,110 | ▲ 22.6% |
| Investment grants15 | €212,695 | - | - | - | - | - |
| Provisions and deferred taxes16 | €87,437 | - | - | - | - | - |
| Deferred taxes168 | €87,437 | - | - | - | - | - |
| Amounts payable17/49 | €17.2m | €16.4m | €13.0m | €5,156 | €25,638 | ▲ 397% |
| Amounts payable after more than one year17 | €15.3m | €12.0m | €12.0m | - | - | - |
| Financial debts170/4 | €15.3m | €12.0m | €12.0m | - | - | - |
| Amounts payable within one year42/48 | €1.6m | €4.0m | €1.0m | €5,156 | €25,638 | ▲ 397% |
| Current portion of amounts payable after more than one year42 | €1.2m | - | - | - | - | - |
| Trade debts44 | €194,526 | €376,638 | €14,766 | €5,122 | €25,638 | ▲ 401% |
| Suppliers440/4 | €194,526 | €376,638 | €14,766 | €5,122 | €25,638 | ▲ 401% |
| Taxes, remuneration and social security45 | €141,500 | €141,482 | - | €33 | - | - |
| Taxes450/3 | €141,500 | €141,482 | - | €33 | - | - |
| Other amounts payable47/48 | - | €3.5m | €1.0m | - | - | - |
| Accrued charges and deferred income492/3 | €316,057 | €343,951 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €688,268 | €69.1m | -€374,884 | -€791,662 | €78,967 | ▲ 110% |
| + Depreciation and write-downs630 | €1.1m | €1.2m | - | - | - | - |
| Operating cash flow (approximation) | €1.8m | €70.2m | -€374,884 | -€791,662 | €78,967 | ▲ 110% |
| Investment in fixed assets (approximation) | - | €5.6m | -€5,662 | €14.0m | €0 | ▼ 100% |
| Change in cash | - | €864,382 | -€1.4m | €114,279 | €26,519 | ▼ 76.8% |
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
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €78,967
Net result €78,967 after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€791,662
Net result drops to -€791,662, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 350current ratio 81.25
Current ratio from 0.23 to 81.25; short-term debt falls from €1.0m to €5,156.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €69.1m ▲9,933%
Operating result €80.7m, net result €69.1m, both a record.
21-11
State Gazette act
Board meeting · Capital increase
Share issue · Capital
22-09
State Gazette act
Board meeting · Capital increase
Share issue · Capital · Tim CARNEWAL
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial
Back to profitnet €234,042
Net result €234,042 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.12
Current ratio from 0.54 to 1.12; short-term debt falls from €2.1m to €1.2m.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Tournai · 1 establishment unit since 2018
Ground area
1.9 ha
Building footprint
1.2 ha
Volume, LiDAR
155,989 m³
Parcel 57008D0179/00X002, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SEDIMMO
since 20182.278.002.636
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57008D0179/00X002 | Wallonia | 1.9 ha | 1 · 1.2 ha | 14.3 m · 4 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
Legal Entity Identifier
8755008JQ1OM4UEHL282
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,534 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.