Seghers & Bussens
ActiveSeghers & Bussens has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212k and a net result of €-15k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 22% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-10
Solvency45=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.84 in 2024; short-term debt: 15.6% and cash: 0.8% of total assets), and 80% 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.
−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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9450 sector peers (2025).
NBB · sector comparisonPosition among 9450 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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 · 10 filingsDeviation from the deadline
2025
35 d late
2024
4 d early
2023
64 d late
2022
90 d late
2021
60 d late
2020
37 d late
2019
60 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€212k▼ 6.7%
2024 · €227k
2018: €103k
2019: €125k
2020: €162k
2021: €207k
2022: €216k
2023: €224k
2024: €227k
2018 → 2025
Total assets
€1.06M▼ 4.8%
2024 · €1.12M
2018: €174k
2019: €195k
2020: €195k
2021: €278k
2022: €961k
2023: €1.14M
2024: €1.12M
2018 → 2025
Net result
€-15k
2024 · €3k
2018: €42k
2019: €42k
2020: €37k
2021: €45k
2022: €9k
2023: €8k
2024: €3k
2018 → 2025
Working capital
€-63k▼ 139%
2024 · €-26k
2018: €76k
2019: €72k
2020: €114k
2021: €172k
2022: €35k
2023: €-4k
2024: €-26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€216k▲ 4.4%€224k▲ 3.8%€227k▲ 1.4%€212k▼ 6.7%
Operating result€60k-€25k▼ 58.9%€35k▲ 40.9%€28k▼ 19.2%€7k▼ 73.9%
Net result€45k-€9k▼ 79.9%€8k▼ 9.3%€3k▼ 62.5%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 74% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€959k▼ 2.1%
Current assets
€103k▼ 24.3%
Equity and liabilities €1.06M
Equity
€212k▼ 6.7%
Debt
€850k▼ 4.3%
The debt ratio rises from 79.6% to 80.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €51k
Cash flow
€5k▼
2024 · €26k
Solvency
20.0%▼
2024 · 20.4%
Current ratio
0.62▼
2024 · 0.84
Quick ratio
0.62▼
2024 · 0.84
Debt / equity
4.01▲
2024 · 3.91
ROE
-7.2%▼
2024 · 1.4%
ROA
-1.4%▼
2024 · 0.3%
Interest coverage
1.12▼
2024 · 2.01
Debt
€850k▼
2024 · €888k
Debt ≤ 1 year
€166k▲
2024 · €163k
Debt > 1 year
€684k▼
2024 · €725k
Income taxes
€229▼
2024 · €2k
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€1.12M€1.06M▼
Fixed assets21/28€979k€959k▼
Tangible fixed assets22/27€979k€959k▼
Land and buildings22€959k€942k▼
Plant, machinery and equipment23€19k€16k▼
Furniture and vehicles24€868€488▼
Financial fixed assets28€5€5=
Current assets29/58€137k€103k▼
Amounts receivable after more than one year29€56k€46k▼
Other amounts receivable291€56k€46k▼
Amounts receivable within one year40/41€65k€47k▼
Trade receivables40€36k€32k▼
Other amounts receivable41€29k€15k▼
Current investments50/53€569€21▼
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.06M▼
Equity10/15€227k€212k▼
Contributions10/11€58k€58k=
Outside capital11€58k-
Other1109/19€58k-
Reserves13€170k€153k▼
Distributable reserves133€170k€153k▼
Profit (loss) carried forward14-€1k
Amounts payable17/49€888k€850k▼
Amounts payable after more than one year17€725k€684k▼
Financial debts170/4€725k€684k▼
Amounts payable within one year42/48€163k€166k▲
Current portion of amounts payable after more than one year42€44k€44k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€112k€115k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€20k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€54k€30k▼
Operating profit (loss)9901€28k€7k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€25k€24k▼
Recurring financial charges65€25k€24k▼
Profit (loss) for the period before taxes9903€5k€-15k▼
Income taxes67/77€2k€229▼
Profit (loss) for the period9904€3k€-15k▼
Profit (loss) for the period to be appropriated9905€3k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-15k▼
Transfer from equity791/2-€17k
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (9 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
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2025
31-12
Financial
Weakest financial yearnet €-15k ▼599%
Net result drops to €-15k, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 90 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Highest result since 2018net €45k ▲20.7%
Operating result €60k, net result €45k, both a record.
31-12
Financial
Equity above €200kEq €207k ▲27.8%
4 profitable years in a row build equity to €207k.
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 4.45
Current ratio from 2.02 to 4.45; short-term debt falls from €70k to €33k.
31-12
Financial
Equity above €150kEq €162k ▲29.9%
3 profitable years in a row build equity to €162k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Deinze · 1 establishment unit since 2007
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.
Durmenstraat 209850 DeinzeGround area
3,344 m²
Building footprint
513 m²
Volume, LiDAR
1,230 m³
2 parcels, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SEGHERS & SEGHERS
since 20072.164.745.634
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44044B0267/00B000 | Flanders | 2,499 m² | 1 · 271 m² | 8.8 m · 1 fl. |
| 44816K0534/00X002 | Flanders | 845 m² | 1 · 241 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 960 EUR awarded · 1,014 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 87 EUR | 87 EUR |
| 2024 | 1 | 90 EUR | 90 EUR |
| 2023 | 1 | 63 EUR | 117 EUR |
| 2022 | 1 | 720 EUR | 720 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,759 companies in sector 71122 we hold annual accounts for 770. 638 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2007
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
90202Performing arts by artistic ensembles
92312
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.