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SEGHIAR

Active
Private limited companyfounded 201610 yrs activeEmile Bockstaellaan 26, 1020 Brussel, BelgiumKBO/BCE: BE 0650.566.429
Summary

The computed 12-month bankruptcy probability of SEGHIAR is ≥ 25% (high). For SEGHIAR, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€34,149) and a net result of -€11,444. Equity is shrinking by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 14988 sector peers (fiscal year 2021). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

What they do
Cafés and bars
NACE 56301
1 site
How big
€6,324total assets 2021
Equity
-€34,149
Loss
-€11,444
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
≥ 25%
2021 figures too old to score
Who decides
Accounts 1158 d overdue0 of 5 deeds read
Signals- Annual accounts: weaker financial profile- Higher-failure-rate sector- Recent warning signals- Higher-failure-rate region- Ex-officio strike-off- Two or more financial years not filed- Administrative warnings in the KBO publicationsFiled after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0▼-100
Solvency0=
Growth32▼-46
Track record92
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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 2021
Solvency, return and age of the figures
Solvency
-540%
Return on assets
-181%
Age of the figures
57 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 23-08-2022, 23 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
23 d late
2020
25 d late
2019
63 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Late accounts filing
  1. Late accounts filingevent 18-08-2026
  2. Annual accounts filedfiscal year 2021 · micro…
  3. Weakest financial yearnet -€11,444

Financials

Fiscal year 2021Total assets €6,324Loss -€11,444Solvency -540.0%Liquidity 0.11
Total assets
€6,324▲ 83.3%
2019 - 2021
Net result
-€11,444
2019 - 2021
Equity
-€34,149▼ 50.4%
2019 - 2021
Solvency
-540.0%▲ 117.9pp
2019 - 2021

Financials · fiscal year 2021, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result-€7,666-€2,764-€11,357
Net result-€7,721-€2,672within the sector's middle half-€11,444below the sector's middle half
Equity-€25,377--€22,705below the sector's middle half▲ 10.5%-€34,149below the sector's middle half▼ 50.4%
Total assets€6,362-€3,451below the sector's middle half▼ 45.8%€6,324below the sector's middle half▲ 83.3%
Debt€31,739-€26,156▼ 17.6%€40,473▲ 54.7%
Working capital-€27,917--€24,405within the sector's middle half▲ 12.6%-€35,849below the sector's middle half▼ 46.9%
Solvency-398.9%--540.0%below the sector's middle half
Current ratio0.12-0.11below the sector's middle half
Return on assets (ROA)-121.4%--181.0%below the sector's middle half
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2021
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2019: -€7,666-€7,666Net result 2019: -€7,721-€7,721Operating result 2020: €2,764€2,764Net result 2020: €2,672€2,672Operating result 2021: -€11,357-€11,357Net result 2021: -€11,444-€11,444201920202021-€15,000-€10,000-€5,000€0€5,000Operating result 2019: -€7,666-€7,670Net result 2019: -€7,721-€7,720Operating result 2020: €2,764€2,760Net result 2020: €2,672€2,670Operating result 2021: -€11,357-€11,400Net result 2021: -€11,444-€11,400201920202021
The operating result turns negative in 2021: a loss of €11,357 after €2,764 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €6,324
Fixed assets €1,700 =
Current assets €4,624 ▲ 164%
Equity and liabilities
Equity-€34,149
Debt€40,473
Equity is negative: debt (€40,473) exceeds the balance-sheet total (€6,324).
Key figures and ratios2021
Key figures and ratios
2021 value · change against 2020
Quick ratio
0.09
Debt ≤ 1 year
€40,473▲
2020 · €26,156
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2021
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 32 lines
Balance sheet Code20202021
Assets
Total assets20/58€3,451€6,324▲
Fixed assets21/28€1,700€1,700=
Financial fixed assets28€1,700€1,700=
Current assets29/58€1,751€4,624▲
Stocks and contracts in progress3€1,050€1,050=
Stocks30/36-€1,050
Amounts receivable within one year40/41€156€636▲
Trade receivables40-€11
Other amounts receivable41-€626
Cash at bank and in hand54/58€545€2,938▲
Equity and liabilities
Total equity and liabilities10/49€3,451€6,324▲
Equity10/15-€22,705-€34,149▼
Contributions10/11-€14,200
Profit (loss) carried forward14-€36,905-€48,349▼
Amounts payable17/49€26,156€40,473▲
Amounts payable within one year42/48€26,156€40,473▲
Trade debts44€5,307€4,342▼
Suppliers440/4-€4,342
Taxes, remuneration and social security45-€5,585
Taxes450/3-€3,112
Remuneration and social security454/9-€2,472
Other amounts payable47/48-€30,547
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€840-
Gross operating margin9900€3,604-€11,357▼
Operating profit (loss)9901€2,764-€11,357▼
Financial charges65/66B-€87
Recurring financial charges65€92€87▼
Profit (loss) for the period before taxes9903€2,672-€11,444▼
Profit (loss) for the period9904€2,672-€11,444▼
Profit (loss) for the period to be appropriated9905€2,672-€11,444▼
Appropriation of the result
Profit (loss) to be appropriated9906--€48,349
Profit (loss) brought forward from the previous period14P--€36,905

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€840€840--
Gross operating margin9900-€6,117€3,604-€11,357▼ 415%
Operating profit (loss)9901-€7,666€2,764-€11,357▼ 511%
Recurring financial income75€16---
Financial charges65/66B--€87-
Recurring financial charges65€71€92€87▼ 5.6%
Profit (loss) for the period before taxes9903-€7,721€2,672-€11,444▼ 528%
Profit (loss) for the period9904-€7,721€2,672-€11,444▼ 528%
Profit (loss) for the period to be appropriated9905-€7,721€2,672-€11,444▼ 528%
Line201920202021Change
Assets
Total assets20/58€6,362€3,451€6,324▲ 83.3%
Formation expenses20€240---
Fixed assets21/28€2,300€1,700€1,700=
Intangible fixed assets21€600---
Financial fixed assets28€1,700€1,700€1,700=
Current assets29/58€3,822€1,751€4,624▲ 164%
Stocks and contracts in progress3€1,050€1,050€1,050=
Stocks30/36--€1,050-
Amounts receivable within one year40/41€145€156€636▲ 308%
Trade receivables40--€11-
Other amounts receivable41--€626-
Cash at bank and in hand54/58€2,477€545€2,938▲ 439%
Equity and liabilities
Total equity and liabilities10/49€6,362€3,451€6,324▲ 83.3%
Equity10/15-€25,377-€22,705-€34,149▼ 50.4%
Contributions10/11€14,200-€14,200-
Profit (loss) carried forward14-€39,577-€36,905-€48,349▼ 31.0%
Amounts payable17/49€31,739€26,156€40,473▲ 54.7%
Amounts payable within one year42/48€31,739€26,156€40,473▲ 54.7%
Trade debts44€6,604€5,307€4,342▼ 18.2%
Suppliers440/4--€4,342-
Taxes, remuneration and social security45--€5,585-
Taxes450/3--€3,112-
Remuneration and social security454/9--€2,472-
Other amounts payable47/48--€30,547-
Line201920202021Change
Profit (loss) for the period9904-€7,721€2,672-€11,444▼ 528%
+ Depreciation and write-downs630€840€840--
Operating cash flow (approximation)-€6,881€3,512-€11,444▼ 426%
Investment in fixed assets (approximation)--€240€0▲ 100%
Change in cash--€1,932€2,393▲ 224%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,991 companies in this sector we hold annual accounts for 4,899. See the whole sector

Timeline

7 eventsLatest 28-08-2026

History

SEGHIAR was incorporated on 18 March 2016.1 Total assets went from €6,362 in 2019 to €6,324 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

Acts, filings and financial milestones

2026
28-08
KBO administration Late accounts filing
event 18-08-2026
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial Weakest financial yearnet -€11,444
Net result drops to -€11,444, the lowest in the series.
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Back to profitnet €2,672
Net result €2,672 after one loss-making year.
02-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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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Support & recognitions

1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations1

Food safety, FASFC

1 site
Brusselunit no. 2.251.810.062
1 permission
Drankgelegenheid · since 15-05-2016

Company details

Private limited company · founded 18-03-2016Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company
Founded18-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
155 m²
Building footprint
118 m²
Volume, LiDAR
1,755 m³
Parcel 21815D0327/00E003, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
OURZAZAT
Emile Bockstaellaan 26, 1020 BrusselCafés and bars
since 2016unit no. 2.251.810.062
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0327/00E003 Brussels 155 m² 1 · 118 m² 18.4 m · 5 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.

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