SEGINVEST
ActiveSummary
SEGINVEST has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €667,985 and a net result of -€192,125. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 41% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-6
Solvency44▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.67 in 2024; short-term debt: 13% and cash: 0.6% of total assets), and 81.3% of the assets are financed with debt.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€192,125
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
6 d late
2023
2 d late
2022
1 d early
2021
8 d late
2020
9 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€667,985▼ 22.3%
2024 · €860,110
Total assets
€3.6m▼ 8.2%
2024 · €3.9m
Net result
-€192,125▼ 949%
2024 · -€18,317
Working capital
-€421,949▼ 185%
2024 · -€147,864
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 68, Real estate 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€92,135▼ 139%€643,224-€138,536-€123,404▲ 10.9%-€167,220▼ 35.5%
Net result-€158,647below the sector's middle half▼ 41.4%€376,830above the sector's middle half-€188,250below the sector's middle half-€18,317below the sector's middle half▲ 90.3%-€192,125below the sector's middle half▼ 949%
Equity€689,850above the sector's middle half▼ 18.7%€1.1mabove the sector's middle half▲ 54.6%€878,430above the sector's middle half▼ 17.6%€860,110above the sector's middle half▼ 2.1%€667,985above the sector's middle half▼ 22.3%
Total assets€4.4mabove the sector's middle half▼ 14.7%€4.5mabove the sector's middle half▲ 1.5%€4.1mabove the sector's middle half▼ 7.8%€3.9mabove the sector's middle half▼ 6.2%€3.6mabove the sector's middle half▼ 8.2%
Debt€3.7m▼ 14.1%€3.1m▼ 13.9%€3.0m▼ 4.9%€2.9m▼ 2.6%€2.8m▼ 3.4%
Working capital-€562,430below the sector's middle half▼ 26.0%€469,700above the sector's middle half€201,954above the sector's middle half▼ 57.0%-€147,864below the sector's middle half-€421,949below the sector's middle half▼ 185%
Solvency15.6%within the sector's middle half▼ 0.8pp23.8%within the sector's middle half▲ 8.2pp21.2%within the sector's middle half▼ 2.5pp22.2%within the sector's middle half▲ 0.9pp18.7%within the sector's middle half▼ 3.4pp
Current ratio0.28below the sector's middle half▼ 0.231.62within the sector's middle half▲ 1.331.41within the sector's middle half▼ 0.200.67within the sector's middle half▼ 0.740.09below the sector's middle half▼ 0.58
Return on assets (ROA)-3.6%below the sector's middle half▼ 1.4pp8.4%above the sector's middle half▲ 12.0pp-4.6%below the sector's middle half▼ 13.0pp-0.5%within the sector's middle half▲ 4.1pp-5.4%below the sector's middle half▼ 4.9pp
Staff (FTE)1.3▼ 7.1%3▲ 131%3=3.1▲ 3.3%3.9▲ 25.8%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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 per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €167,220 in 2025 against €123,404 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets
€3.5m ▼ 1.5%
Current assets
€41,530 ▼ 86.4%
Equity and liabilities €3.6m
Equity
€667,985 ▼ 22.3%
Provisions
€77,031 ▼ 25.8%
Debt
€2.8m ▼ 3.4%
Debt's share of the balance-sheet total rises from 75.2% to 79.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€77,779▼
2024 · €84,347
Cash flow
€52,874▼
2024 · €189,433
Debt to equity
4.22▲
2024 · 3.39
ROE
-28.8%▼
2024 · -2.1%
Interest coverage
1.52▼
2024 · 1.55
Debt ≤ 1 year
€463,479▲
2024 · €453,440
Debt > 1 year
€2.4m▼
2024 · €2.5m
Income taxes
€526▲
2024 · €213
Staff costs
€129,017▲
2024 · €104,345
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.5%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,450 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €800,961 | €86,353 | €300 | €2,450 | ▲ 717% |
| Remuneration, social security and pensions62 | - | €87,084 | €92,859 | €104,345 | €129,017 | ▲ 23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €208,184 | €149,134 | €230,423 | €207,750 | €244,999 | ▲ 17.9% |
| Other operating charges640/8 | - | €42,219 | €52,063 | €38,916 | €41,580 | ▲ 6.8% |
| Non-recurring operating charges66A | - | €6,084 | €1,337 | - | €5,850 | - |
| Gross operating margin9900 | €249,360 | €927,745 | €238,146 | €227,607 | €254,227 | ▲ 11.7% |
| Operating profit (loss)9901 | -€92,135 | €643,224 | -€138,536 | -€123,404 | -€167,220 | ▼ 35.5% |
| Recurring financial income75 | €2 | - | - | - | - | - |
| Financial charges65/66B | - | €69,522 | €56,635 | €54,357 | €51,208 | ▼ 5.8% |
| Recurring financial charges65 | €69,915 | €69,522 | €56,635 | €54,357 | €51,208 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | -€162,047 | €573,702 | -€195,170 | -€177,760 | -€218,428 | ▼ 22.9% |
| Transfer from deferred taxes780 | - | €3,516 | €7,115 | €159,656 | €26,829 | ▼ 83.2% |
| Transfer to deferred taxes680 | - | €200,240 | - | - | - | - |
| Income taxes67/77 | €116 | €148 | €195 | €213 | €526 | ▲ 147% |
| Profit (loss) for the period9904 | -€158,647 | €376,830 | -€188,250 | -€18,317 | -€192,125 | ▼ 949% |
| Transfer from tax-exempt reserves789 | - | €8,372 | €19,168 | €476,778 | €78,310 | ▼ 83.6% |
| Transfer to tax-exempt reserves689 | - | €600,721 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€150,276 | -€215,519 | -€169,083 | €458,461 | -€113,814 | ▼ 125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €4.5m | €4.1m | €3.9m | €3.6m | ▼ 8.2% |
| Fixed assets21/28 | €4.2m | €3.3m | €3.4m | €3.6m | €3.5m | ▼ 1.5% |
| Tangible fixed assets22/27 | €4.2m | €3.3m | €3.4m | €3.6m | €3.5m | ▼ 1.5% |
| Land and buildings22 | - | €2.2m | €2.8m | €2.7m | €2.6m | ▼ 3.9% |
| Furniture and vehicles24 | - | €10,397 | €50,245 | €43,992 | €60,856 | ▲ 38.3% |
| Other tangible fixed assets26 | - | €298,001 | €621,018 | €859,322 | €890,596 | ▲ 3.6% |
| Assets under construction and advance payments27 | - | €781,656 | - | - | - | - |
| Financial fixed assets28 | €1,435 | €1,435 | €1,210 | €1,210 | €1,210 | = |
| Current assets29/58 | €220,010 | €1.2m | €689,069 | €305,577 | €41,530 | ▼ 86.4% |
| Amounts receivable within one year40/41 | €62,286 | €26,461 | €2,361 | €334 | €4,536 | ▲ 1,257% |
| Trade receivables40 | - | €1,403 | €2,361 | €334 | €3,025 | ▲ 805% |
| Other amounts receivable41 | - | €25,058 | - | - | €1,510 | - |
| Cash at bank and in hand54/58 | €150,084 | €1.2m | €677,335 | €291,358 | €23,116 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | - | €8,060 | €9,373 | €13,884 | €13,878 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €4.5m | €4.1m | €3.9m | €3.6m | ▼ 8.2% |
| Equity10/15 | €689,850 | €1.1m | €878,430 | €860,110 | €667,985 | ▼ 22.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €182,143 | €774,493 | €755,325 | €278,544 | €200,233 | ▼ 28.1% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €768,293 | €749,125 | €272,344 | €194,033 | ▼ 28.8% |
| Profit (loss) carried forward14 | €445,707 | €230,188 | €61,105 | €519,566 | €405,752 | ▼ 21.9% |
| Provisions and deferred taxes16 | €73,905 | €270,629 | €263,514 | €103,861 | €77,031 | ▼ 25.8% |
| Deferred taxes168 | - | €270,629 | €263,514 | €103,861 | €77,031 | ▼ 25.8% |
| Amounts payable17/49 | €3.7m | €3.1m | €3.0m | €2.9m | €2.8m | ▼ 3.4% |
| Amounts payable after more than one year17 | €2.9m | €2.4m | €2.5m | €2.5m | €2.4m | ▼ 4.6% |
| Financial debts170/4 | - | €2.4m | €2.5m | €2.5m | €2.4m | ▼ 4.6% |
| Amounts payable within one year42/48 | €782,440 | €762,388 | €487,115 | €453,440 | €463,479 | ▲ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €152,600 | €152,241 | €154,387 | €154,468 | ▲ 0.1% |
| Trade debts44 | €6,799 | €4,500 | €9,041 | €62,392 | €12,004 | ▼ 80.8% |
| Suppliers440/4 | - | €4,500 | €9,041 | €62,392 | €12,004 | ▼ 80.8% |
| Taxes, remuneration and social security45 | - | €8,921 | €12,419 | €11,414 | €17,037 | ▲ 49.3% |
| Taxes450/3 | - | €148 | €195 | €213 | €526 | ▲ 147% |
| Remuneration and social security454/9 | - | €8,773 | €12,224 | €11,201 | €16,511 | ▲ 47.4% |
| Other amounts payable47/48 | - | €596,366 | €313,413 | €225,247 | €279,971 | ▲ 24.3% |
| Accrued charges and deferred income492/3 | - | €2,350 | €5,160 | €2,054 | €4,541 | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€158,647 | €376,830 | -€188,250 | -€18,317 | -€192,125 | ▼ 949% |
| + Depreciation and write-downs630 | €208,184 | €149,134 | €230,423 | €207,750 | €244,999 | ▲ 17.9% |
| Operating cash flow (approximation) | €49,537 | €525,965 | €42,172 | €189,433 | €52,874 | ▼ 72.1% |
| Investment in fixed assets (approximation) | - | €796,279 | -€424,115 | -€336,682 | -€190,019 | ▲ 43.6% |
| Change in cash | - | €1.0m | -€520,232 | -€385,976 | -€268,243 | ▲ 30.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €376,830
Net result €376,830 after 3 loss-making years.
30-06
Financial
Liquidity times 6current ratio 1.62
Current ratio from 0.28 to 1.62; short-term debt falls from €782,440 to €762,388.
30-06
Financial
Equity above €1mEq €1.1m ▲54.6%
Equity rises from €689,850 to €1.1m.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial 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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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1992
Ground area
132 m²
Building footprint
131 m²
Volume, LiDAR
1,171 m³
Parcel 21616G0414/00K002, Brussels · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Alsembergsesteenweg 1235, 1180 Ukkel
since 19922.058.223.006
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0414/00K002 | Brussels | 132 m² | 1 · 131 m² | 11.7 m · 3 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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Of 9,141 companies in this sector we hold annual accounts for 6,773. 5,006 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded03-04-1992
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
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.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
General meetings
1 convocationExtraordinary general meeting
Agenda
Rapport du conseil d’administration. Approbation des comptes annuels. Affectation des résultats. Décharge aux administrateurs. Nominations statutaires éventuelles. Divers. (39366) STEVENS VEEVOEDERS, naamloze vennootschap, Bampstraat 12, 3789 Riemst (Valmeer) Ondernemingsnummer 0416.789.895 Algemene vergadering op de zetel op 02/10/2006 om 18 u. Agenda : Verslag raad van bestuur. Goedkeuring van de jaarrekening. Bestem- ming resultaat. Kwijting aan bestuurders. Eventuele statutaire benoe- mingen. Diversen. (39367) TRANSPORT LUX, naamloze vennootschap, Sint-Truidersteenweg 305, 3840 Borgloon Ondernemingsnummer 0406.853.335 Algemene vergadering op de zetel op 02/10/2006 om 15 u. Agenda : Beraa ...
Scores and ratios are computed by Checked and are not a credit decision.