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SEGO

Active
Private limited companyfounded 200323 yrs activeRoute d'Ath(J) 82, 7050 Jurbise, BelgiumKBO/BCE: BE 0479.603.236
Summary

SEGO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,596 and a net result of €7,076. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability66▼-2
Solvency54▼-13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.06 in 2024; short-term debt: 34.1% and cash: 1.9% of total assets), and 70.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.5%
Return on assets
1.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 filings
Deviation from the deadline
2025
56 d late
2024
26 d late
2023
29 d late
2022
26 d early
2021
29 d late
2020
31 d early
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 February 2003, SEGO was incorporated.1 Total assets went from EUR 204,697 in 2018 to EUR 565,345 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€166,596▲ 4.4%
2024 · €159,520
Total assets
€565,345▲ 49.6%
2024 · €377,839
Net result
€7,076
2024 · -€1,901
Working capital
-€181,241▼ 57.6%
2024 · -€114,981
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,113▲ 253%€10,254▼ 32.2%-€2,263€4,695€16,947▲ 261%
Net result€9,056€2,847▼ 68.6%-€9,989-€1,901▲ 81.0%€7,076
Equity€168,562€171,410▲ 1.7%€161,421▼ 5.8%€159,520▼ 1.2%€166,596▲ 4.4%
Total assets€501,834▲ 196%€478,834▼ 4.6%€417,140▼ 12.9%€377,839▼ 9.4%€565,345▲ 49.6%
Debt€333,272▼ 4.1%€307,424▼ 7.8%€255,719▼ 16.8%€218,319▼ 14.6%€398,749▲ 82.6%
Working capital-€119,839▲ 8.8%-€104,792▲ 12.6%-€125,042▼ 19.3%-€114,981▲ 8.0%-€181,241▼ 57.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2021: €15,113€15,113Net result 2021: €9,056€9,056Operating result 2022: €10,254€10,254Net result 2022: €2,847€2,847Operating result 2023: -€2,263-€2,263Net result 2023: -€9,989-€9,989Operating result 2024: €4,695€4,695Net result 2024: -€1,901-€1,901Operating result 2025: €16,947€16,947Net result 2025: €7,076€7,07620212022202320242025-€10,000€0€10,000€20,000Operating result 2023: -€2,263-€2,260Net result 2023: -€9,989-€9,990Operating result 2024: €4,695€4,700Net result 2024: -€1,901-€1,900Operating result 2025: €16,947€16,900Net result 2025: €7,076€7,080202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 261% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €565,345
Fixed assets €553,699 ▲ 49.5%
Current assets €11,646 ▲ 57.6%
Equity and liabilities €565,345
Equity €166,596 ▲ 4.4%
Debt €398,749 ▲ 82.6%
Debt's share of the balance-sheet total rises from 57.8% to 70.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53,617▲
2024 · €45,859
Cash flow
€43,745▲
2024 · €39,263
Current ratio
0.06=
2024 · 0.06
Debt to equity
2.39▲
2024 · 1.37
ROE
4.2%▲
2024 · -1.2%
ROA
1.3%▲
2024 · -0.5%
Interest coverage
5.47▼
2024 · 7.00
Debt ≤ 1 year
€192,887▲
2024 · €122,371
Debt > 1 year
€205,862▲
2024 · €95,948
Income taxes
€74▲
2024 · €47
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
2.0% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 4,681 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€377,839€565,345▲
Fixed assets21/28€370,449€553,699▲
Tangible fixed assets22/27€370,199€553,449▲
Land and buildings22€345,243€544,253▲
Furniture and vehicles24€14,934€1,844▼
Other tangible fixed assets26€10,022€7,352▼
Financial fixed assets28€250€250=
Current assets29/58€7,390€11,646▲
Amounts receivable within one year40/41€690€790▲
Trade receivables40€690€790▲
Cash at bank and in hand54/58€6,700€10,856▲
Equity and liabilities
Total equity and liabilities10/49€377,839€565,345▲
Equity10/15€159,520€166,596▲
Contributions10/11€88,600€88,600=
Revaluation surpluses12€283,859€267,002▼
Reserves13€53,467€70,324▲
Non-distributable reserves130/1€168€168=
Reserves not available under the articles1311€168€168=
Distributable reserves133€53,299€70,156▲
Profit (loss) carried forward14-€266,406-€259,330▲
Amounts payable17/49€218,319€398,749▲
Amounts payable after more than one year17€95,948€205,862▲
Financial debts170/4€95,948€205,862▲
Amounts payable within one year42/48€122,371€192,887▲
Current portion of amounts payable after more than one year42€29,202€36,433▲
Trade debts44€4,835€6,121▲
Suppliers440/4€4,835€6,121▲
Other amounts payable47/48€88,333€150,333▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,164€36,670▼
Other operating charges640/8€5,035€7,651▲
Gross operating margin9900€50,893€61,268▲
Operating profit (loss)9901€4,695€16,947▲
Financial charges65/66B€6,549€9,797▲
Recurring financial charges65€6,549€9,797▲
Profit (loss) for the period before taxes9903-€1,854€7,150▲
Income taxes67/77€47€74▲
Profit (loss) for the period9904-€1,901€7,076▲
Profit (loss) for the period to be appropriated9905-€1,901€7,076▲
Appropriation of the result
Profit (loss) to be appropriated9906-€266,406-€259,330▲
Profit (loss) brought forward from the previous period14P-€264,505-€266,406▼
Transfer from equity791/2€16,858-
Transfer to equity691/2€16,858-
To other reserves6921€16,858-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,859€37,066€40,052€41,164€36,670▼ 10.9%
Other operating charges640/8€1,704€2,359€5,142€5,035€7,651▲ 52.0%
Gross operating margin9900€40,675€49,679€42,931€50,893€61,268▲ 20.4%
Operating profit (loss)9901€15,113€10,254-€2,263€4,695€16,947▲ 261%
Financial income75/76B€0-----
Recurring financial income75€0-----
Financial charges65/66B€6,057€7,407€7,726€6,549€9,797▲ 49.6%
Recurring financial charges65€6,057€7,407€7,726€6,549€9,797▲ 49.6%
Profit (loss) for the period before taxes9903€9,056€2,847-€9,989-€1,854€7,150▲ 486%
Income taxes67/77---€47€74▲ 57.4%
Profit (loss) for the period9904€9,056€2,847-€9,989-€1,901€7,076▲ 472%
Profit (loss) for the period to be appropriated9905€9,056€2,847-€9,989-€1,901€7,076▲ 472%
Line20212022202320242025Change
Assets
Total assets20/58€501,834€478,834€417,140€377,839€565,345▲ 49.6%
Fixed assets21/28€467,287€429,265€411,613€370,449€553,699▲ 49.5%
Tangible fixed assets22/27€467,037€429,015€411,363€370,199€553,449▲ 49.5%
Land and buildings22€447,242€413,243€379,243€345,243€544,253▲ 57.6%
Furniture and vehicles24--€19,414€14,934€1,844▼ 87.7%
Other tangible fixed assets26€19,795€15,773€12,706€10,022€7,352▼ 26.6%
Financial fixed assets28€250€250€250€250€250=
Current assets29/58€34,547€49,568€5,527€7,390€11,646▲ 57.6%
Amounts receivable within one year40/41€530€578€630€690€790▲ 14.5%
Trade receivables40€530€578€630€690€790▲ 14.5%
Cash at bank and in hand54/58€33,290€48,274€4,700€6,700€10,856▲ 62.0%
Deferred charges and accrued income490/1€726€717€197---
Equity and liabilities
Total equity and liabilities10/49€501,834€478,834€417,140€377,839€565,345▲ 49.6%
Equity10/15€168,562€171,410€161,421€159,520€166,596▲ 4.4%
Contributions10/11€88,600€88,600€88,600€88,600€88,600=
Revaluation surpluses12€337,158€317,575€300,717€283,859€267,002▼ 5.9%
Reserves13€168€19,751€36,609€53,467€70,324▲ 31.5%
Non-distributable reserves130/1€168€168€168€168€168=
Reserves not available under the articles1311€168€168€168€168€168=
Distributable reserves133-€19,583€36,441€53,299€70,156▲ 31.6%
Profit (loss) carried forward14-€257,364-€254,516-€264,505-€266,406-€259,330▲ 2.7%
Amounts payable17/49€333,272€307,424€255,719€218,319€398,749▲ 82.6%
Amounts payable after more than one year17€178,886€153,064€125,150€95,948€205,862▲ 115%
Financial debts170/4€178,886€153,064€125,150€95,948€205,862▲ 115%
Amounts payable within one year42/48€154,386€154,360€130,569€122,371€192,887▲ 57.6%
Current portion of amounts payable after more than one year42€27,064€26,682€27,914€29,202€36,433▲ 24.8%
Trade debts44€1,965€2,321€2,298€4,835€6,121▲ 26.6%
Suppliers440/4€1,965€2,321€2,298€4,835€6,121▲ 26.6%
Other amounts payable47/48€125,357€125,357€100,357€88,333€150,333▲ 70.2%
Line20212022202320242025Change
Profit (loss) for the period9904€9,056€2,847-€9,989-€1,901€7,076▲ 472%
+ Depreciation and write-downs630€23,859€37,066€40,052€41,164€36,670▼ 10.9%
Operating cash flow (approximation)€32,915€39,914€30,064€39,263€43,745▲ 11.4%
Investment in fixed assets (approximation)-€956-€22,400€0-€219,919-
Change in cash-€14,984-€43,574€1,999€4,156▲ 108%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 56 days late
2025
31-12
Financial Back to profitnet €7,076
Net result €7,076 after 2 loss-making years.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€9,989
Net result drops to -€9,989, the lowest in the series; recovery starts the following year.
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Back to profitnet €9,056
Net result €9,056 after one loss-making year.
31-12
Financial Equity above €150,000Eq €168,562
Equity rises from -€177,652 to €168,562.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 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
11 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, Jurbise · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
6,248 m²
Building footprint
460 m²
Volume, LiDAR
3,410 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SEGO
Rue de Ghlin(J) 2, 7050 JurbiseRenting and operating of own or leased residential real estate, excluding social housing
since 20032.126.802.105
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53050D0204/00B008 Wallonia 4,951 m² 1 · 240 m² 6.9 m · 2 fl.
53044B0490/00T006 Wallonia 1,297 m² 1 · 220 m² 11.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded20-02-2003
Fiscal year end31-12
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 29 September 2026 · Peppol Directory

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