Skip to content

SEHrazat

Active
Private limited companyfounded 20197 yrs activeLange Lozanastraat 142, 2018 Antwerpen, BelgiumKBO/BCE: BE 0721.551.524
Summary

The computed 12-month bankruptcy probability of SEHrazat is 10.2% (high). The annual accounts of SEHrazat for fiscal year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €36,356 and a net result of -€183,115. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 8982 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
SEHrazatActiveChecked score 30/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€466,439total assets 2025
Staff
0.6 FTE
Equity
€36,356
Loss
-€183,115
Turnover not published (abridged schema)
Financial health
30 Weak Checked score 2025
Bankruptcy chance 12 m
10.2%
Structure
Board
1 member
Accounts filed 31 d late1 of 8 deeds read
Why 30- 2 changes of registered office in 24 months- Latest accounts 31 days late; 3 of the last 3 late- Loss of €183,115 (FY 2025)- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 19% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 33-32
equity 7.8% of total assets
Liquidity 49-9
short-term debt 35.8% · cash 12.2%
Profitability 0-58
return on assets -39.3%
Bankruptcy probability, 12 months
10.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,211 companies)
Last 24 months 11-2024: 14.7% 12-2024: 15.5%▲ +5.2% vs 11-2024highest value 01-2025: 6.8%▼ -56.2% vs 12-2024 02-2025: 6.8%● 0.0% vs 01-2025 03-2025: 6.7%▼ -0.6% vs 02-2025lowest value 04-2025: 13.2%▲ +95.2% vs 03-2025 05-2025: 12.7%▼ -3.2% vs 04-2025 06-2025: 10.7%▼ -15.8% vs 05-2025 07-2025: 10.6%▼ -1.0% vs 06-2025 08-2025: 13.4%▲ +26.3% vs 07-2025 09-2025: 14.7%▲ +9.8% vs 08-2025 10-2025: 11.5%▼ -22.2% vs 09-2025 11-2025: 7.1%▼ -37.8% vs 10-2025 12-2025: 7.1%● 0.0% vs 11-2025 01-2026: 7.1%▼ -0.1% vs 12-2025 02-2026: 7.1%▲ +0.4% vs 01-2026 03-2026: 7.1%▼ -0.9% vs 02-2026 04-2026: 7.3%▲ +2.8% vs 03-2026 05-2026: 7.5%▲ +2.5% vs 04-2026 06-2026: 7.3%▼ -2.4% vs 05-2026 07-2026: 7.5%▲ +3.6% vs 06-2026 08-2026: 9.3%▲ +22.8% vs 07-2026 09-2026: 10.3%▲ +11.2% vs 08-2026 10-2026: 10.2%▼ -0.7% vs 09-2026
  • 2 changes of registered office in 24 months raises the probability
  • Latest accounts 31 days late; 3 of the last 3 late raises the probability
  • Loss of €183,115 (FY 2025) raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.54 against 4.55 in 2024; short-term debt: 35.8% and cash: 12.2% of total assets), but 92.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 17%, liquidity 49%, profitability 5%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Latest accounts 31 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Loss of €183,115 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 8982 sector peers (2025).
NBB · sector comparison
Position among 8982 sector peers
Solvency
better than 17%
← 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 31-08-2026, 31 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 · 6 filings
Deviation from the deadline
2025
31 d late
2024
50 d late
2023
122 d late
2022
32 d late
2021
122 d late
2020
52 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 68 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 19 September (4 of the last 5 filed years within 72 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Resignation: Kaya Metin (director)Appointment: lon Nicolae (director) ·…
  3. Weakest financial yearnet -€183,115

Key points

  • Caution: From profit to loss in 2025after €45,344 in 2024 -€183,115 View
  • Caution: Among the weakest 5% on net resultsector median €8,440 · 8,974 companies -€183,115 View
  • Caution: Board changedlatest change 02-07-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€466,439
Loss
-€183,115
Solvency
7.8%
Go to Financials

Timeline

Events
12
Since
2021
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 02-07-2026Resignation: Kaya Metin (director)
  3. 31-12-2025Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
26-02-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure