Segulo
ActiveSegulo has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €70k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-40
Solvency49▼-50
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 3.36 in 2024; short-term debt: 7.3% and cash: 13.8% of total assets), but 76.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.9%
Return on assets
9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-04-2026, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
27 d early
2023
1 d early
2022
on the day
2021
356 d late
2020
721 d late
2019
212 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€187k▲ 71.7%
2024 · €109k
2019: €36k
2020: €45k
2021: €67k
2022: €72k
2023: €67k
2024: €109k
2019 → 2025
Total assets
€784k▲ 433%
2024 · €147k
2019: €41k
2020: €73k
2021: €118k
2022: €76k
2023: €147k
2024: €147k
2019 → 2025
Net result
€70k▲ 66.5%
2024 · €42k
2019: €10k
2020: €9k
2021: €23k
2022: €4k
2023: €45k
2024: €42k
2019 → 2025
Working capital
€118k▲ 31.7%
2024 · €90k
2019: €34k
2020: €15k
2021: €42k
2022: €45k
2023: €45k
2024: €90k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€72k▲ 6.4%€67k▼ 7.0%€109k▲ 63.3%€187k▲ 71.7%
Operating result€51k-€3k▼ 94.7%€68k▲ 2,414%€64k▼ 6.1%€106k▲ 65.7%
Net result€23k-€4k▼ 81.0%€45k▲ 948%€42k▼ 6.1%€70k▲ 66.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €784k
Fixed assets
€609k▲ 3,110%
Current assets
€175k▲ 37.0%
Equity and liabilities €784k
Equity
€187k▲ 71.7%
Debt
€597k▲ 1,468%
The debt ratio rises from 25.9% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€116k▲
2024 · €69k
Cash flow
€81k▲
2024 · €47k
Solvency
23.9%▼
2024 · 74.1%
Current ratio
3.08▼
2024 · 3.36
Quick ratio
3.08▼
2024 · 3.36
Debt / equity
3.19▲
2024 · 0.35
ROE
37.6%▼
2024 · 38.8%
ROA
9.0%▼
2024 · 28.7%
Debt
€597k▲
2024 · €38k
Debt ≤ 1 year
€57k▲
2024 · €38k
Debt > 1 year
€540k
Income taxes
€35k▲
2024 · €22k
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€147k€784k▲
Fixed assets21/28€19k€609k▲
Tangible fixed assets22/27€19k€609k▲
Land and buildings22€9k€602k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€128k€175k▲
Amounts receivable within one year40/41€9k€60k▲
Trade receivables40€9k€51k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€119k€108k▼
Deferred charges and accrued income490/1-€8k
Equity and liabilities
Total equity and liabilities10/49€147k€784k▲
Equity10/15€109k€187k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€101k€179k▲
Amounts payable17/49€38k€597k▲
Amounts payable after more than one year17-€540k
Financial debts170/4-€540k
Amounts payable within one year42/48€38k€57k▲
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€31k€56k▲
Taxes450/3€31k€53k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€5k€652▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€2k€84k▲
Gross operating margin9900€71k€200k▲
Operating profit (loss)9901€64k€106k▲
Profit (loss) for the period before taxes9903€64k€106k▲
Income taxes67/77€22k€35k▲
Profit (loss) for the period9904€42k€70k▲
Profit (loss) for the period to be appropriated9905€42k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€101k€179k▲
Profit (loss) brought forward from the previous period14P€59k€109k▲
The notes to these accounts (7 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
26-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2019net €70k ▲66.5%
Operating result €106k, net result €70k, both a record.
30-09
Financial
Equity above €150kEq €187k ▲71.7%
7 profitable years in a row build equity to €187k.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 3.36
Current ratio from 1.56 to 3.36; short-term debt falls from €80k to €38k.
30-09
Financial
Equity above €100kEq €109k ▲63.3%
6 profitable years in a row build equity to €109k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 356 days late
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 721 days late
2022
30-09
Financial
Weakest financial yearnet €4k ▼81%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 6current ratio 11.57
Current ratio from 1.82 to 11.57; short-term debt falls from €51k to €4k.
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 212 days late
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 943 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 79 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bonheiden · 1 establishment unit since 2015
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.
Boslaan 132820 BonheidenGround area
824 m²
Building footprint
143 m²
Volume, LiDAR
627 m³
Parcel 12005B0139/00C000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Segulo
since 20152.246.053.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005B0139/00C000 | Flanders | 824 m² | 1 · 143 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2023 · 1 entry · 222 EUR awarded · 222 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 222 EUR | 222 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,878 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2015
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.