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SEMAILSUD

Inactive
KBO/BCE: BE 0456.862.476

Absorbed by BOSMOLEN in September 2025. The last annual accounts are for financial year 2024. The company was dissolved without liquidation on 25-07-2025.

SEMAILSUDInactive

Overview

Overview

Official details

Source: KBO
Status
Absorbed by BOSMOLEN merger by absorption, September 2025
Activity
“De handel in en het vervaardigen van alle landbouwproducten of producten die verband houden…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Last known board
Shareholders
  • BOSMOLEN· score 94act of 02-09-2025

Financial position

No score
Annual accounts 2024
Gross margin
€245,981
▲ 245%
Turnover
≈ €630,000
estimated
Profit
€156,060
▲ 32×
Equity
€863,594
▲ 22.1%
Total assets
€926,507
▼ 40.1%

Financials

Financials · financial year 2024, abbreviated format

Annual accounts 2024 filed on 10-07-2025 PDF all 28 filings

Turnover
≈ €630,000
Estimated: probably between €380,000 and €1.2m
EBIT margin
Not included in this filing
Net result
€156,060▲ 32×
2023 · €4,903
Working capital
€454,082▲ 112%
2023 · €214,247
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result for 2024 is nearly 38 times that of 2023 and the highest since 2020. It is a recovery after the fall in 2023.

Operating result€0.2m 2024 Net result€0.2m 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Operating result€0.1m-€0.1m▼ 3.2%€0.06m▼ 52.0%€0.05m▼ 22.6%€0.005m▼ 89.0%€0.2m▲ 38×
Net result€0.3m-€0.1m▼ 64.8%€0.07m▼ 38.3%€0.04m▼ 42.8%€0.005m▼ 88.6%€0.2m▲ 32×
Equity€1.3m-€0.9m▼ 27.7%€1.0m▲ 8.0%€1.1m▲ 4.2%€0.7m▼ 32.8%€0.9m▲ 22.1%
Total assets€1.3m-€1.4m▲ 6.8%€1.5m▲ 5.4%€1.5m▲ 3.4%€1.5m▲ 0.1%€0.9m▼ 40.1%
Debt€0.03m-€0.5m▲ 14×€0.5m▲ 0.4%€0.5m▲ 1.5%€0.8m▲ 70.3%€0.06m▼ 92.5%
Working capital€0.5m-€0.2m▼ 55.4%€0.4m▲ 75.0%€0.5m▲ 30.2%€0.2m▼ 57.0%€0.5m▲ 112%
Staff (FTE)2.3-
The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2020 Net result -65% on 2019. The previous financial year ran 15 months, this one 12. The accounts now follow the abbreviated format, last year the full format.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €926,507
Fixed assets €417,436 ▼ 15.4%
Current assets €509,071 ▼ 51.7%
Equity and liabilities €926,507
Equity €863,594 ▲ 22.1%
Debt €62,913 ▼ 92.5%
Debt's share of the balance-sheet total falls from 54.3% to 6.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€241,335▲
2023 · €65,920
Cash flow
€209,563▲
2023 · €65,852
Current ratio
9.26▲
2023 · 1.26
Debt to equity
0.07▼
2023 · 1.19
ROE
18.1%▲
2023 · 0.7%
ROA
16.8%▲
2023 · 0.3%
Interest coverage
over 100
2023 · over 100
Debt ≤ 1 year
€54,989▼
2023 · €839,186
Income taxes
€53,145▲
2023 · €1,700
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.5m€0.9m▼
Fixed assets21/28€0.5m€0.4m▼
Tangible fixed assets22/27€0.4m€0.4m▼
Land and buildings22€0.4m€0.4m▼
Plant, machinery and equipment23€0.005m€0.002m▼
Financial fixed assets28€0.05m€0.05m=
Current assets29/58€1.1m€0.5m▼
Amounts receivable within one year40/41€1.0m€0.3m▼
Trade receivables40€0.05m€0.2m▲
Other amounts receivable41€1.0m€0.1m▼
Deferred charges and accrued income490/1€0.02m€0.2m▲
Equity and liabilities
Total equity and liabilities10/49€1.5m€0.9m▼
Equity10/15€0.7m€0.9m▲
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€0.03m€0.03m=
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Profit (loss) carried forward14€0.4m€0.5m▲
Amounts payable17/49€0.8m€0.06m▼
Amounts payable within one year42/48€0.8m€0.05m▼
Trade debts44€0.002m€0.001m▼
Suppliers440/4€0.002m€0.001m▼
Taxes, remuneration and social security45€0.007m€0.05m▲
Taxes450/3€0.007m€0.05m▲
Remuneration and social security454/9-€1
Other amounts payable47/48€0.8m-
Accrued charges and deferred income492/3-€0.008m
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.05m▼
Other operating charges640/8€0.005m€0.005m▼
Gross operating margin9900€0.07m€0.2m▲
Operating profit (loss)9901€0.005m€0.2m▲
Financial income75/76B€0.002m€0.02m▲
Recurring financial income75€0.002m€0.02m▲
Financial charges65/66B€92€0▼
Recurring financial charges65€92€0▼
Profit (loss) for the period before taxes9903€0.007m€0.2m▲
Income taxes67/77€0.002m€0.05m▲
Profit (loss) for the period9904€0.005m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.005m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.7m€0.5m▼
Profit (loss) brought forward from the previous period14P€0.7m€0.4m▼
Profit to be distributed694/7€0.4m-
Return on contributions (dividend)694€0.4m-

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 10-07-2025.

Line201920202021202220232024Change
Remuneration, social security and pensions62--€986----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,268€86,770€78,748€69,476€60,949€53,503▼ 12.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€64,500-€26,000---
Other operating charges640/8--€2,179€6,143€5,456€4,645▼ 14.9%
Gross operating margin9900€349,681€68,083€75,843€94,856€71,376€245,981▲ 245%
Operating profit (loss)9901€125,707€121,700€58,431€45,236€4,970€187,832▲ 38×
Financial income75/76B--€16,568€3,848€1,724€21,374▲ 12×
Recurring financial income75€16,225€563€16,568€3,848€1,724€21,374▲ 12×
Financial charges65/66B--€852€197€92€0▼ 99.5%
Recurring financial charges65€27,436€664€852€197€92€0▼ 99.5%
Profit (loss) for the period before taxes9903€436,996€121,598€74,147€48,887€6,603€209,205▲ 32×
Income taxes67/77€91,684--€847€6,000€1,700€53,145▲ 31×
Profit (loss) for the period9904€345,312€121,598€74,994€42,887€4,903€156,060▲ 32×
Profit (loss) for the period to be appropriated9905€345,312€121,598€74,994€42,887€4,903€156,060▲ 32×
Line201920202021202220232024Change
Assets
Total assets20/58€1.3m€1.4m€1.5m€1.5m€1.5m€0.9m▼ 40.1%
Fixed assets21/28€0.8m€0.7m€0.6m€0.6m€0.5m€0.4m▼ 15.4%
Intangible fixed assets21€288------
Tangible fixed assets22/27€0.8m€0.7m€0.6m€0.5m€0.4m€0.4m▼ 16.9%
Land and buildings22--€0.6m€0.5m€0.4m€0.4m▼ 16.3%
Plant, machinery and equipment23--€0.03m€0.01m€0.005m€0.002m▼ 71.4%
Furniture and vehicles24--€0.004m----
Financial fixed assets28€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m=
Current assets29/58€0.5m€0.7m€0.9m€1.0m€1.1m€0.5m▼ 51.7%
Amounts receivable within one year40/41€0.5m€0.7m€0.9m€1.0m€1.0m€0.3m▼ 70.8%
Trade receivables40--€0.09m€0.07m€0.05m€0.2m▲ 225%
Other amounts receivable41--€0.8m€0.9m€1.0m€0.1m▼ 85.3%
Cash at bank and in hand54/58€0.04m€0.003m€182----
Deferred charges and accrued income490/1--€9-€0.02m€0.2m▲ 12×
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m€1.5m€1.5m€1.5m€0.9m▼ 40.1%
Equity10/15€1.3m€0.9m€1.0m€1.1m€0.7m€0.9m▲ 22.1%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10--€0.3m€0.3m€0.3m€0.3m=
Issued capital100--€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Non-distributable reserves130/1--€0.03m€0.03m€0.03m€0.03m=
Legal reserve130--€0.03m€0.03m€0.03m€0.03m=
Profit (loss) carried forward14€1.0m€0.6m€0.7m€0.7m€0.4m€0.5m▲ 41.0%
Amounts payable17/49€0.03m€0.5m€0.5m€0.5m€0.8m€0.06m▼ 92.5%
Amounts payable within one year42/48€0.03m€0.5m€0.5m€0.5m€0.8m€0.05m▼ 93.4%
Trade debts44€0.03m€0.003m€0.001m€0.002m€0.002m€0.001m▼ 67.1%
Suppliers440/4--€0.001m€0.002m€0.002m€0.001m▼ 67.1%
Taxes, remuneration and social security45--€1€0.006m€0.007m€0.05m▲ 635%
Taxes450/3---€0.006m€0.007m€0.05m▲ 635%
Remuneration and social security454/9--€1--€1-
Other amounts payable47/48--€0.5m€0.5m€0.8m--
Accrued charges and deferred income492/3--€0.001m--€0.008m-
Line201920202021202220232024Change
Profit (loss) for the period9904€345,312€121,598€74,994€42,887€4,903€156,060▲ 32×
+ Depreciation and write-downs630€88,268€86,770€78,748€69,476€60,949€53,503▼ 12.2%
Operating cash flow (approximation)€433,579€208,367€153,742€112,363€65,852€209,563▲ 218%
Investment in fixed assets (approximation)-€0€9,805€3,680€0€22,348-
Change in cash--€36,510-€3,224----

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2024 abbreviated format 10-07-2025 2025-00255407 PDF
31-12-2023 abbreviated format 10-07-2024 2024-00236920 PDF
31-12-2022 abbreviated format 12-07-2023 2023-00234499 PDF
31-12-2021 abbreviated format 11-07-2022 2022-20177228 PDF
31-12-2020 abbreviated format 12-07-2021 2021-34400555 PDF
31-12-2019 full format 04-11-2020 2020-68000097 PDF
30-09-2018 full format 24-04-2019 2019-10300475 PDF
30-09-2017 full format 11-04-2018 2018-09500306 PDF
30-09-2016 full format 15-03-2017 2017-06300262 PDF
30-09-2015 full format 29-01-2016 2016-03100039 PDF

Show all 28 filings

Board & ownership

Directors

Directors
Last change in 2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“1/ De vergadering stelt vast dat alle aandelen verenigd zijn in één hand. De vergadering verricht de kennisgeving en neerlegging in het…”
deed of 11-12-2023

Owners and capital

Shareholders

1 owner

Chain of control

  1. HELUCA 99.99%
  2. BOSMOLEN 100%
  3. SEMAILSUD

Owners 1

Capital transactions

Shareholders according to the deeds
Stated in the act act of 02-09-2025 ↗
Stated in the act act of 11-12-2023 ↗
  • één hand all shares

Mandate history

2 people, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BOSMOLEN
  • Niet statutaire enige bestuurder, appointed in the act of 11-12-2023, until 02-09-2025
in functie zijnde bestuurders
  • Director, until 11-12-2023
See the board, name and registered office on a given date →

Network & group

Part of the group HELUCA 27 companies Group, risk and exposure

Board mandates elsewhere

1 board mandate
Board mandates of SEMAILSUDSEMAILSUD sits on their board1
1 location

Acquisitions and mergers

1 transaction
Taken over by:BOSMOLEN
BE 0415.758.826silent merger · Gazette deed of 02-09-2025 (4 acts)

Connections & network

3 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
AGRI-ACTIV
Shared director
→
FINVOL PSI
Shared corporate director
→
PORC QUALITE ARDENNE
Shared corporate director
→

Timeline

Acts, filings and financial milestones

2025
02-09
Gazette deed Merger: absorbed by BOSMOLEN
Dissolution of the company · Resignation: BOSMOLEN (director) · Permanent representative: Gwijde Versele13 points ▸
  • General meeting, “buitengewone algemene vergaderingen” (deed in Dutch), mentioned 2 times in the deed
  • Declaration, “waiver of interim accounts, artikel 12:51, §2, 4°, 6e lid WVV” (deed in Dutch)
  • Merger, “geruisloze fusie, goedgekeurd door algemene vergaderingen” (deed in Dutch)
  • BOSMOLEN holds all the shares
  • Real estate, “magazijn met aanhorigheden, op en met grond” (deed in Dutch)
  • Declaration, “no new shares issued, BOSMOLEN is houdster van alle aandelen van SEMAILSUD” (deed in Dutch)
  • Dissolution, merger, “fusie door overneming” (deed in Dutch)
  • Director resignation, BOSMOLEN (director)
  • Permanent representative, Gwijde Versele
  • Power of attorney
  • Power of attorney, Elissa PIETERS
  • Declaration, “unanimous decisions” (deed in Dutch)
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

10-07
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 21 days before the deadline
19-06
Gazette deed Merger proposal: to be absorbed by BOSMOLEN
Accounting effect · Declaration · Real estate11 points ▸
  • Merger, “vereenvoldigde fusie, ontbinding zonder vereffening van de Over te Nemen Vennootschap” (deed in Dutch)
  • Accounting effect, 01-01-2025
  • Declaration, “geen bijzondere rechten of andere effecten, Alle aandelen zijn identiek en kennen dezelfde rechten en voordelen toe; er bestaan geen andere effecten dan aandele…” (deed in Dutch)
  • Declaration, “geen bijzondere voordelen aan bestuursorganen, Er worden geen bijzondere voordelen toegekend aan de leden van de bestuursorganen van de te fuseren vennootschapp…” (deed in Dutch)
  • Real estate, “Waalse Gewest, Rue d'Emptinne 10, 5360 Hamois” (deed in Dutch)
  • Declaration, “afstand van recht tot nietigheid, ontbreken van een bodemattest bij het fusievoorstel” (deed in Dutch)
  • Power of attorney, Bart Vanstaen
  • Power of attorney, Emmy Hendrickx
  • Power of attorney, Joséphine-Charlotte Jans
  • Power of attorney
  • Other provision, “Voorkant, document layout” (deed in Dutch)

Open the act in the Belgian Official Gazette

2024
31-12
Financial Liquidity more than 7 timescurrent ratio 9.26
The current ratio rises from 1.26 to 9.26. Short-term debt falls from €839,186 to €54,989.
10-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 21 days before the deadline
2023
31-12
Financial Weakest financial yearnet €4,903 ▼88.6%
The net result drops to €4,903, the lowest from 2019 to 2024.
11-12
Gazette deed Appointment: BOSMOLEN (niet statutaire enige bestuurder)
Permanent representative: VERSELE Gwijde · Resignation: in functie zijnde bestuurders (director) · Amendment of the articles10 points ▸
  • General meeting, 29-11-2023
  • Other provision, “kennisgeving en neerlegging in vennootschapsdossier, artikel 2:8, §4 van het Wetboek van vennootschappen en verenigingen” (deed in French)
  • Amendment of the articles, mentioned 2 times in the deed
  • Director appointment, BOSMOLEN (niet statutaire enige bestuurder)
  • Permanent representative, VERSELE Gwijde
  • Board meeting, “gedelegeerd bestuurder, ontslag” (deed in French)
  • Registered office clause, “9800 Deinze, Kapellestraat 70, algemene vergadering” (deed in French)
  • één hand holds all the shares
  • Director resignation, in functie zijnde bestuurders (director)
  • Director discharge, ontslagen bestuurders

Open the act in the Belgian Official Gazette

12-07
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 19 days before the deadline
2022
11-07
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 20 days before the deadline
2021
31-12
Financial Equity above €1mequity €1.0m ▲8%
With a profit in every financial year since 2019, equity grows to €1.0m.
12-07
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 19 days before the deadline
2020
04-11
NBB filing Annual accounts 2019 filedPDF
full format · 96 days late
Show earlier events
2019
24-04
NBB filing Annual accounts 2018 filedPDF
full format · 6 days before the deadline
2018
11-04
NBB filing Annual accounts 2017 filedPDF
full format · 19 days before the deadline
2017
15-03
NBB filing Annual accounts 2016 filedPDF
full format · 46 days before the deadline
2016
29-01
NBB filing Annual accounts 2015 filedPDF
full format · 92 days before the deadline
1996
02-02
Gazette deed Incorporation
29 publications in the Belgian Official Gazette, the last on 02-09-2025
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

SEMAILSUD has filed 28 sets of annual accounts, the latest for financial year 2024.1 In 2025 the company was absorbed by merger into BOSMOLEN.2

  1. 1National Bank, annual accounts 2024
  2. 2Belgian Official Gazette, 02-09-2025

Company details

Inactive

Absorbed by BOSMOLEN in September 2025

SEMAILSUD is no longer in the KBO register. BOSMOLEN took it over in a merger by absorption, published in the Belgian Official Gazette on 2 September 2025.

Status
Inactive
Reason
Merger by absorption"silent merger", Belgian Official Gazette, 2 September 2025 · act
Absorbed by
BOSMOLEN · 0415.758.826
Last annual accounts
financial year to 31 December 2024
Last registered office
Kapellestraat 70, 9800 Deinzeas published on 2 September 2025
Legal form
Public limited company
First annual accounts
financial year 1997
Official KBO record

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“De handel in en het vervaardigen van alle landbouwproducten of producten die verband houden met landbouwactiviteiten; De vennootschap kan…”
3 activities
  1. De handel in en het vervaardigen van alle landbouwproducten of producten die verband houden met landbouwactiviteiten.
  2. De vennootschap kan haar activiteiten overal uitoefenen, op alle manieren en volgens de modaliteiten die haar het meest geschikt lijken.
  3. Kan alle industriële, commerciële, financiële of civiele handelingen stellen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of die de verwezenlijking ervan kunnen vergemakkelijken en in het bijzonder, zonder dat volgende aanduiding beperkend is : verwerven, vervreemden, huren of verhuren van gebouwen of handelsfondsen (bedrijven), alle fabrieksmerken en handelsmerken verwerven, creëren of overdragen, op alle manieren en op alle plaatsen belang stellen in maatschappijen of in ondernemingen waarvan het voorwerp analoog is of verband houdt met haar voorwerp of voor haar een bron van winst of een afzetmarkt zou kunnen zijn.

Articles of association, deed of 19-06-2025 (in Dutch)