Summary
SEMASY 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 €53k and a net result of €31k. Its solvency ranks better than 39% of 9863 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
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 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€53k▲ 145%
2023 · €22k
2023: €22k
2023 → 2024
Net result
€31k▲ 68.3%
2023 · €19k
2023: €19k
2023 → 2024
Total assets
€124k▲ 149%
2023 · €50k
2023: €50k
2023 → 2024
Solvency
42.5%▼ 0.7pp
2023 · 43.2%
2023: 43.2%
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€22k-€53k▲ 145%
Operating result€23k-€40k▲ 71.4%
Net result€19k-€31k▲ 68.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 71% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€5k ▲ 80.0%
Current assets
€120k ▲ 152%
Equity and liabilities €124k
Equity
€53k ▲ 145%
Debt
€71k ▲ 152%
Debt's share of the balance-sheet total rises from 56.8% to 57.5%. Equity and debt are higher.
Key figures and ratios
ROE
59.2%▼
2023 · 86.1%
ROA
25.1%▼
2023 · 37.2%
Debt ≤ 1 year
€71k▲
2023 · €28k
Income taxes
€8k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€50k€124k▲
Fixed assets21/28€3k€5k▲
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Financial fixed assets28€3k€3k=
Current assets29/58€47k€120k▲
Amounts receivable within one year40/41€46k€117k▲
Trade receivables40€46k€117k▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1-€239
Equity and liabilities
Total equity and liabilities10/49€50k€124k▲
Equity10/15€22k€53k▲
Contributions10/11€3k€3k=
Reserves13€19k€50k▲
Distributable reserves133€19k€50k▲
Amounts payable17/49€28k€71k▲
Amounts payable within one year42/48€28k€71k▲
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€10k€22k▲
Taxes450/3€10k€22k▲
Other amounts payable47/48€12k€43k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€484€601▲
Gross operating margin9900€24k€42k▲
Operating profit (loss)9901€23k€40k▲
Financial charges65/66B€47€548▲
Recurring financial charges65€47€548▲
Profit (loss) for the period before taxes9903€23k€39k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€19k€31k▲
Profit (loss) for the period to be appropriated9905€19k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€31k▲
Transfer to equity691/2€19k€31k▲
To other reserves6921€19k€31k▲
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
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Kortenberg · 1 establishment unit since 2023
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.
Prins Van Everbergstraat 223078 KortenbergGround area
502 m²
Building footprint
216 m²
Volume, LiDAR
1,369 m³
Parcel 24026B0023/00D013, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEMASY
since 20232.350.260.312
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24026B0023/00D013 | Flanders | 502 m² | 1 · 216 m² | 10.3 m · 2 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.
Similar companies · same sector, comparable size
KuMarCo
BE 0728.586.596
Schilde · Eq €52,741
ARK INVEST
BE 0457.954.519
Zuienkerke · Eq €52,761
EKRY
BE 0690.664.942
Damme · Eq €52,713
INTERNATIONAL MULTIMEDIA PARTICIPATION
BE 0836.272.830
Schaarbeek · Eq €52,795
ParEnGa
BE 0689.965.354
Zonhoven · Eq €52,667
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 10,576 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
46190Agents in non-specialised wholesale trade
70100Activities of head offices
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.