SEFORALINA

Active

Private limited companyfounded 20178 yrs activeBloemkwekersstraat 27, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0683.870.388

The computed 12-month bankruptcy probability of SEFORALINA is 3.0% (moderate). The 2024 annual accounts show equity of €25k and a net result of €3k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 6717 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

51 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability74▲+8

Solvency57▼-17

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.77 against 1.0 in 2023; short-term debt: 51.8% and cash: 0.3% of total assets), and 68.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

31.6%

Return on assets

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 7 filings

Deviation from the deadline

2025

not confirmed

2024

47 d late

2023

30 d late

2022

39 d late

2021

33 d early

2020

35 d early

2019

15 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€3k

2023 · €-1k

2018: €253 2019: €582 2020: €3k 2021: €738 2022: €4k 2023: €-1k

2018 → 2024

Working capital

€-10k▼ 11,399%

2023 · €-83

2018: €8k 2019: €8k 2020: €-10k 2021: €-15k 2022: €-12k 2023: €-83

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€18k-€19k▲ 4.0%€23k▲ 21.2%€22k▼ 4.6%€25k▲ 14.5%

Operating result€5k-€1k▼ 73.6%€7k▲ 355%€859▼ 86.8%€7k▲ 726%

Net result€3k-€738▼ 76.1%€4k▲ 450%€-1k€3k

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 726% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €80k

60.0%

40.0%

Fixed assets €48k▲ 117%

Current assets €32k▲ 38.2%

Equity and liabilities €80k

31.6%

68.4%

Equity €25k▲ 14.5%

Debt €55k▲ 136%

The debt ratio rises from 51.3% to 68.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€20k▲

2023 · €14k

Cash flow

€16k▲

2023 · €12k

Solvency

31.6%▼

2023 · 48.7%

Current ratio

0.77▼

2023 · 1.00

Quick ratio

0.77▼

2023 · 1.00

Debt / equity

2.17▲

2023 · 1.05

ROE

12.7%▲

2023 · -4.8%

ROA

4.0%▲

2023 · -2.3%

Interest coverage

14.06▲

2023 · 10.79

Debt

€55k▲

2023 · €23k

Debt ≤ 1 year

€42k▲

2023 · €23k

Debt > 1 year

€13k

Income taxes

€2k▲

2023 · €604

Staff costs

€74k▲

2023 · €59k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€45k€80k▲

Fixed assets21/28€22k€48k▲

Tangible fixed assets22/27€17k€43k▲

Furniture and vehicles24€17k€43k▲

Financial fixed assets28€5k€5k=

Current assets29/58€23k€32k▲

Amounts receivable within one year40/41€21k€31k▲

Trade receivables40€21k€20k▼

Other amounts receivable41-€11k

Cash at bank and in hand54/58€2k€242▼

Deferred charges and accrued income490/1€413€672▲

Equity and liabilities

Total equity and liabilities10/49€45k€80k▲

Equity10/15€22k€25k▲

Contributions10/11€14k€14k=

Reserves13€272€272▼

Non-distributable reserves130/1€272€272▼

Reserves not available under the articles1311€272€272▼

Profit (loss) carried forward14€7k€11k▲

Amounts payable17/49€23k€55k▲

Amounts payable after more than one year17-€13k

Financial debts170/4-€13k

Amounts payable within one year42/48€23k€42k▲

Current portion of amounts payable after more than one year42-€9k

Trade debts44€6k€10k▲

Suppliers440/4€6k€10k▲

Taxes, remuneration and social security45€17k€20k▲

Taxes450/3€10k€10k▼

Remuneration and social security454/9€7k€10k▲

Other amounts payable47/48€224€3k▲

Income statement Code20232024

Non-recurring operating income76A-€6k

Remuneration, social security and pensions62€59k€74k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼

Other operating charges640/8€2k€12k▲

Gross operating margin9900€75k€106k▲

Operating profit (loss)9901€859€7k▲

Financial income75/76B€5-

Recurring financial income75€5-

Financial charges65/66B€1k€1k▲

Recurring financial charges65€1k€1k▲

Profit (loss) for the period before taxes9903€-457€6k▲

Income taxes67/77€604€2k▲

Profit (loss) for the period9904€-1k€3k▲

Profit (loss) for the period to be appropriated9905€-1k€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€7k€11k▲

Profit (loss) brought forward from the previous period14P€8k€7k▼

Social balance

Average headcount (FTE)90871.5-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 3Filings 7

2025

16-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 47 days late

2024

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €-1k ▼126%

Net result drops to €-1k, the lowest in the series; recovery starts the following year.

08-09

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 39 days late

2022

31-12

Financial Highest result since 2018net €4k ▲450%

Net result €4k, the highest in the series.

28-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

26-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

16-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

11-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-01-2026 Kurtulus Gamze: Resigned as Director

10-09-2021 Ayyildiz Ozan: Resigned as Director

Location & real-estate footprint

Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Bloemkwekersstraat 271082 Sint-Agatha-Berchem

Ground area

181 m²

Building footprint

121 m²