SEG Building
ActiveThe computed 12-month bankruptcy probability of SEG Building is 2.6% (moderate). The 2025 annual accounts show equity of €5k and a net result of €407. Its solvency ranks better than 13% of 27451 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-4
Solvency33=
Growth52
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.87 against 0.97 in 2024; short-term debt: 92.4% and cash: 0.8% of total assets), and 92.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 13%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 d early
2024
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, micro schema
Equity
€5k▲ 9.9%
2024 · €4k
2024: €4k
2024 → 2025
Total assets
€60k▲ 18.2%
2024 · €51k
2024: €51k
2024 → 2025
Net result
€407▼ 63.8%
2024 · €1k
2024: €1k
2024 → 2025
Working capital
€-7k▼ 355%
2024 · €-2k
2024: €-2k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€4k-€5k▲ 9.9%
Operating result€4k-€2k▼ 56.0%
Net result€1k-€407▼ 63.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€12k▲ 104%
Current assets
€48k▲ 7.4%
Equity and liabilities €60k
Equity
€5k▲ 9.9%
Debt
€55k▲ 18.9%
The debt ratio rises from 91.9% to 92.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €6k
Cash flow
€4k▲
2024 · €3k
Solvency
7.6%▼
2024 · 8.1%
Current ratio
0.87▼
2024 · 0.97
Quick ratio
0.80▲
2024 · 0.54
Debt / equity
12.24▲
2024 · 11.31
ROE
9.0%▼
2024 · 27.3%
ROA
0.7%▼
2024 · 2.2%
Interest coverage
2.78▼
2024 · 3.10
Debt
€55k▲
2024 · €47k
Debt ≤ 1 year
€55k▲
2024 · €47k
Income taxes
€916▲
2024 · €782
Staff costs
€49k▲
2024 · €38k
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€51k€60k▲
Fixed assets21/28€6k€12k▲
Intangible fixed assets21€990€742▼
Tangible fixed assets22/27€5k€11k▲
Plant, machinery and equipment23€3k€10k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€45k€48k▲
Stocks and contracts in progress3€20k€4k▼
Contracts in progress37€20k€4k▼
Amounts receivable within one year40/41€21k€42k▲
Trade receivables40€12k€12k▲
Other amounts receivable41€9k€30k▲
Cash at bank and in hand54/58€2k€498▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€51k€60k▲
Equity10/15€4k€5k▲
Contributions10/11€3k€3k=
Reserves13€1k€2k▲
Distributable reserves133€1k€2k▲
Amounts payable17/49€47k€55k▲
Amounts payable within one year42/48€47k€55k▲
Current portion of amounts payable after more than one year42€23k€0▼
Trade debts44€9k€38k▲
Suppliers440/4€9k€38k▲
Taxes, remuneration and social security45€15k€17k▲
Taxes450/3€10k€5k▼
Remuneration and social security454/9€5k€12k▲
Income statement
Code20242025
Non-recurring operating income76A€153€0▼
Remuneration, social security and pensions62€38k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€1k€761▼
Gross operating margin9900€45k€55k▲
Operating profit (loss)9901€4k€2k▼
Financial income75/76B€198€2k▲
Recurring financial income75€198€2k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€782€916▲
Profit (loss) for the period9904€1k€407▼
Profit (loss) for the period to be appropriated9905€1k€407▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€407▼
Transfer to equity691/2€1k€407▼
To other reserves6921€1k€407▼
The notes to these accounts (10 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Beringen · 1 establishment unit since 2023
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.
Kampweg 373582 BeringenGround area
950 m²
Building footprint
180 m²
Volume, LiDAR
16 m³
Parcel 71522D0195/00F005, Flanders · tallest building 2.3 m. Linked by address, not a title deed.
1 establishment unit
SEG Building
since 20232.341.320.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522D0195/00F005 | Flanders | 950 m² | 1 · 180 m² | 2.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,096 companies in sector 43240 we hold annual accounts for 1,631. 577 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
42219Civil engineering
43120Site preparation
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:gunduz-sedat@outlook.com