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SEGASANA

Active
Public limited companyfounded 2023active for 2 yearsMarnixlaan 23, 1000 Brussel, Belgium234 active companies are registered at this addressKBO/BCE: BE 1002.714.437
Summary

SEGASANA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318.7m and a net result of €5.6m. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
“La société a pour objet, l'acquisition de participations, tant en Belgique qu'à l'étranger, dans…” (deed in German)
From the articles, 11 activitiesNo NACE code in the KBO yet
Size
€325.1mtotal assets 2025
Equity
€318.7m
Profit
€5.6m
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Auditor: PKF Bofidi AuditAccounts filed 74 days late
Why 85raises riskLatest accounts 74 days late; 3 of the last 3 lateNo registered site in the KBOlowers riskSize: total assets €325.1mNo main activity registeredShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (no NACE code, large)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 98.0% of total assets
Liquidity 52+2
short-term debt 2.0% · cash 1.3%
Profitability 42+7
return on assets 1.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 15.4% 01-2025: 15.4%● unchanged vs 12-2024 02-2025: 15.4%● unchanged vs 01-2025 03-2025: 16.1%▲ +0.7 percentage points vs 02-2025 04-2025: 16.4%▲ +0.3 percentage points vs 03-2025 05-2025: 17.0%▲ +0.6 percentage points vs 04-2025 06-2025: 17.0%● unchanged vs 05-2025 07-2025: 17.1%▲ +0.1 percentage points vs 06-2025 08-2025: 17.1%● unchanged vs 07-2025 09-2025: 17.2%▲ +0.1 percentage points vs 08-2025 10-2025: 17.8%▲ +0.6 percentage points vs 09-2025 11-2025: 17.8%● unchanged vs 10-2025 12-2025: 17.9%▲ +0.1 percentage points vs 11-2025highest value 01-2026: 2.4%▼ -15.5 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.8%▲ +0.4 percentage points vs 03-2026 05-2026: 2.9%▲ +0.1 percentage points vs 04-2026 06-2026: 3.4%▲ +0.5 percentage points vs 05-2026 07-2026: 1.0%▼ -2.4 percentage points vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 0.4%▼ -1.2 percentage points vs 09-2026lowest value
Credit of up to €27,050,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 50.68, compared with 49.95 in 2024, above the usual 1.5; short-term debt: 2% and cash: 1.3% of total assets), and 2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, large): better than 67% on solvency, 73% on liquidity, 65% on profitability and 53% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €325.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 74 days late; 3 of the last 3 late
NBB · filings
lowers risk · No main activity registered
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
74 days late
2024
141 days late
2023
508 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 241 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €5.6m
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Back in profit in 2025after -€3.1m in 2024 €5.6m View
  • Caution: Latest accounts filed lateafter the legal deadline 74 days View
  • Board3 directors in office 3 View

By topic

Financials

Financial year
2025
Total assets
€325.1m
Profit
€5.6m
Solvency
98.0%
Total assets▲ 0.6%
Net result
20242025
Go to Financials

Board & ownership

Board
3 members
Auditor
PKF Bofidi Audit
  • Christophe TansDirector
  • Irène FlorescuDirector
  • Pauline MeganckDirector
Go to Board & ownership

Timeline

Events
8
Since
2023
Next accounts
by 31-07-2027
  1. 17-11-2025Annual accounts filed
  2. 26-06-2025Appointment: PKF Bofidi Audit (contrôleur légal des…
  3. 09-07-2024Appointments: Christophe Tans, Pauline Meganck and Irene…
Go to Timeline

Company details

Legal form
Public limited company
Founded
27-11-2023
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
16
Annual meeting
First Monday of June at 10:00
Purpose
“La société a pour objet, l'acquisition de participations, tant en Belgique qu'à…” (deed in German)
Go to Articles of association

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