Summary
SEMANCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €432,117 and a net result of €6,195. Equity is growing by ~7.6% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
24 d early
2023
9 d late
2022
46 d early
2021
4 d early
2020
51 d early
2019
11 d early
← 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 25 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 7 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€432,117▼ 3.8%
2023 · €449,250
Net result
€6,195▼ 29.1%
2023 · €8,743
Total assets
€717,503▼ 0.3%
2023 · €719,564
Solvency
60.2%▼ 2.2pp
2023 · 62.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€133,269▲ 109%€132,397▼ 0.7%€59,001▼ 55.4%€23,938▼ 59.4%€15,117▼ 36.8%
Net result€86,928above the sector's middle half▲ 165%€87,685above the sector's middle half▲ 0.9%€29,612within the sector's middle half▼ 66.2%€8,743within the sector's middle half▼ 70.5%€6,195within the sector's middle half▼ 29.1%
Equity€372,018within the sector's middle half▲ 30.5%€459,702above the sector's middle half▲ 23.6%€489,315within the sector's middle half▲ 6.4%€449,250within the sector's middle half▼ 8.2%€432,117within the sector's middle half▼ 3.8%
Total assets€907,345above the sector's middle half▲ 14.5%€1.1mabove the sector's middle half▲ 21.5%€1.1mwithin the sector's middle half▲ 3.1%€719,564within the sector's middle half▼ 36.7%€717,503within the sector's middle half▼ 0.3%
Debt€535,327▲ 5.5%€642,686▲ 20.1%€647,161▲ 0.7%€270,314▼ 58.2%€285,386▲ 5.6%
Working capital€242,573above the sector's middle half▲ 42.1%€349,160above the sector's middle half▲ 43.9%€399,739above the sector's middle half▲ 14.5%€31,979within the sector's middle half▼ 92.0%€14,731within the sector's middle half▼ 53.9%
Solvency41.0%within the sector's middle half▲ 5.0pp41.7%within the sector's middle half▲ 0.7pp43.1%within the sector's middle half▲ 1.4pp62.4%within the sector's middle half▲ 19.4pp60.2%within the sector's middle half▼ 2.2pp
Current ratio3.32within the sector's middle half▼ 2.053.46within the sector's middle half▲ 0.143.51above the sector's middle half▲ 0.051.22within the sector's middle half▼ 2.291.10within the sector's middle half▼ 0.12
Return on assets (ROA)9.6%within the sector's middle half▲ 5.4pp8.0%within the sector's middle half▼ 1.6pp2.6%within the sector's middle half▼ 5.3pp1.2%within the sector's middle half▼ 1.4pp0.9%within the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 37% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €717,503
Fixed assets
€551,704 ▲ 1.9%
Current assets
€165,799 ▼ 7.1%
Equity and liabilities €717,503
Equity
€432,117 ▼ 3.8%
Debt
€285,386 ▲ 5.6%
Debt's share of the balance-sheet total rises from 37.6% to 39.8%. Equity is lower and debt is higher.
Key figures and ratios
ROE
1.4%▼
2023 · 1.9%
Debt ≤ 1 year
€151,068▲
2023 · €146,422
Debt > 1 year
€130,674▲
2023 · €119,278
Income taxes
€5,724▼
2023 · €6,706
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €10,500 | €300 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,576 | €25,056 | €36,004 | €36,335 | €37,760 | ▲ 3.9% |
| Other operating charges640/8 | - | €2,604 | €4,501 | €3,284 | €12,424 | ▲ 278% |
| Gross operating margin9900 | €158,349 | €160,056 | €99,506 | €63,556 | €65,301 | ▲ 2.7% |
| Operating profit (loss)9901 | €133,269 | €132,397 | €59,001 | €23,938 | €15,117 | ▼ 36.8% |
| Financial income75/76B | - | €9,641 | - | €37 | €75 | ▲ 106% |
| Recurring financial income75 | €6,184 | €9,641 | - | €37 | €75 | ▲ 106% |
| Financial charges65/66B | - | €12,067 | €14,374 | €8,525 | €3,274 | ▼ 61.6% |
| Recurring financial charges65 | €10,345 | €12,067 | €14,374 | €8,525 | €3,274 | ▼ 61.6% |
| Profit (loss) for the period before taxes9903 | €129,108 | €129,971 | €44,626 | €15,449 | €11,919 | ▼ 22.9% |
| Income taxes67/77 | €42,180 | €42,286 | €15,014 | €6,706 | €5,724 | ▼ 14.6% |
| Profit (loss) for the period9904 | €86,928 | €87,685 | €29,612 | €8,743 | €6,195 | ▼ 29.1% |
| Profit (loss) for the period to be appropriated9905 | €86,928 | €87,685 | €29,612 | €8,743 | €6,195 | ▼ 29.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €907,345 | €1.1m | €1.1m | €719,564 | €717,503 | ▼ 0.3% |
| Fixed assets21/28 | €560,398 | €611,257 | €577,498 | €541,163 | €551,704 | ▲ 1.9% |
| Tangible fixed assets22/27 | €309,216 | €360,075 | €326,316 | €289,981 | €300,522 | ▲ 3.6% |
| Land and buildings22 | - | €287,113 | €266,410 | €245,707 | €225,004 | ▼ 8.4% |
| Plant, machinery and equipment23 | - | - | €2,127 | €1,678 | €1,229 | ▼ 26.8% |
| Furniture and vehicles24 | - | €72,961 | €57,779 | €42,596 | €74,289 | ▲ 74.4% |
| Financial fixed assets28 | €251,182 | €251,182 | €251,182 | €251,182 | €251,182 | = |
| Current assets29/58 | €346,947 | €491,132 | €558,978 | €178,401 | €165,799 | ▼ 7.1% |
| Amounts receivable within one year40/41 | €320,520 | €334,585 | €516,635 | €100,868 | €67,364 | ▼ 33.2% |
| Trade receivables40 | - | €43,602 | €151,563 | - | - | - |
| Other amounts receivable41 | - | €290,983 | €365,073 | €100,868 | €67,364 | ▼ 33.2% |
| Cash at bank and in hand54/58 | €26,427 | €156,547 | €38,788 | €72,084 | €91,471 | ▲ 26.9% |
| Deferred charges and accrued income490/1 | - | - | €3,555 | €5,449 | €6,964 | ▲ 27.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €907,345 | €1.1m | €1.1m | €719,564 | €717,503 | ▼ 0.3% |
| Equity10/15 | €372,018 | €459,702 | €489,315 | €449,250 | €432,117 | ▼ 3.8% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €359,618 | €447,302 | €476,915 | €436,850 | €419,717 | ▼ 3.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €445,442 | €475,055 | €436,850 | €419,717 | ▼ 3.9% |
| Profit (loss) carried forward14 | -€9,525 | - | - | - | - | - |
| Amounts payable17/49 | €535,327 | €642,686 | €647,161 | €270,314 | €285,386 | ▲ 5.6% |
| Amounts payable after more than one year17 | €400,000 | €458,165 | €438,356 | €119,278 | €130,674 | ▲ 9.6% |
| Financial debts170/4 | - | €458,165 | €438,356 | €19,278 | €30,674 | ▲ 59.1% |
| Other amounts payable178/9 | - | - | - | €100,000 | €100,000 | = |
| Amounts payable within one year42/48 | €104,374 | €141,972 | €159,239 | €146,422 | €151,068 | ▲ 3.2% |
| Current portion of amounts payable after more than one year42 | - | €17,750 | €20,442 | €20,658 | €31,040 | ▲ 50.3% |
| Financial debts43 | - | - | €10,033 | - | - | - |
| Credit institutions430/8 | - | - | €10,033 | - | - | - |
| Trade debts44 | - | €1,040 | €4,297 | €27,068 | €3,132 | ▼ 88.4% |
| Suppliers440/4 | - | €1,040 | €4,297 | €27,068 | €3,132 | ▼ 88.4% |
| Taxes, remuneration and social security45 | - | €20,190 | €34,359 | €15,127 | €21,485 | ▲ 42.0% |
| Taxes450/3 | - | €20,190 | €34,359 | €15,127 | €21,485 | ▲ 42.0% |
| Other amounts payable47/48 | - | €102,992 | €90,108 | €83,570 | €95,411 | ▲ 14.2% |
| Accrued charges and deferred income492/3 | - | €42,549 | €49,566 | €4,613 | €3,644 | ▼ 21.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,928 | €87,685 | €29,612 | €8,743 | €6,195 | ▼ 29.1% |
| + Depreciation and write-downs630 | €22,576 | €25,056 | €36,004 | €36,335 | €37,760 | ▲ 3.9% |
| Operating cash flow (approximation) | €109,504 | €112,741 | €65,616 | €45,078 | €43,954 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | -€75,915 | -€2,245 | €0 | -€48,301 | - |
| Change in cash | - | €130,120 | -€117,759 | €33,296 | €19,387 | ▼ 41.8% |
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
2026
24-07
State Gazette act
General meeting · Merger
Accounting effect · Other statement
24-07
State Gazette act
Merger · Accounting effect
Other statement · Director resignation
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
08-05
State Gazette act
Merger · Incorporation
Registered office clause · Capital
08-05
State Gazette act
Merger · Incorporation
Registered office clause · Capital
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €6,195 ▼29.1%
Net result drops to €6,195, the lowest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €87,685 ▲0.9%
Net result €87,685, the highest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 5.37
Current ratio from 2.47 to 5.37; short-term debt falls from €70,363 to €39,034.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Oudenaarde · 1 establishment unit since 2010
Ground area
4,717 m²
Building footprint
994 m²
Volume, LiDAR
5,912 m³
Parcel 45508A0280/00D000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
SEMANCO
since 20102.185.571.732
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508A0280/00D000 | Flanders | 4,717 m² | 1 · 994 m² | 10.5 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
49.8%
According to the 2024 annual accounts of SEMANCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
984500FE6AF0D77B4318
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,726 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-11-2009
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0820417288
Also
9925:BE0820417288
Registered
02-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.