Gross margin from €41,631 to €63,076Result from €31,209 to €48,861Equity from €52,748 to €101,609Debts from €71,385 to €21,605Cash from €2,495 to €58,248
Higher solvency than 80% of companies in financial services. Sector median 50.9% · 9,770 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 30 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (3 of the last 3 accounts filed within 30 days either side of that date).
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805834230
Incorporation
Founding capital of €3,000, 100 shares · Founder: BEYERS Luc Jozef (comparant) · Appointment: BEYERS Luc Jozef (director) · published on 18-09-2023 · Gazette deed
First establishment
Prins Van Everbergstraat 22, Kortenberg
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as SEMASY: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €107,000 and €158,000, founded between 2023 and 2024.
micro format, filed on 22-06-2026, 39 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €123,214 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
0
3,000
2,500
55,754
1,401
-
82.5%
42.5%
43.2%
48.1%
59.2%
86.1%
39.7%
25.1%
37.2%
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
2023
Tangible fixed assets
-
€3,000
-
Financial fixed assets
-
-
€2,500
€1,000
€1,000
-
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SEMASY
The operating result for 2025 is 54% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 57.5% to 17.5%. Equity is higher and debt is lower.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Founded in 2013 · total assets €66,702 (2025) · negative equity
→
Timeline
Timeline
9 events since 2023
Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 39 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805834230
2025
Highest result from 2023 to 2025net €48,861 ▲56.6% The operating result of €61,522 and the net result of €48,861 are both a record.
Liquidity more than triplescurrent ratio 5.54 The current ratio rises from 1.68 to 5.54. Short-term debt falls from €71,385 to €21,605.
Equity above €100,000equity €101,609 ▲92.6% With a profit in every financial year since 2023, equity grows to €101,609.
Annual accounts 2024 filedPDFmicro format · 23 days before the deadline
2024
Annual accounts 2023 filedPDFmicro format · 29 days before the deadline
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: BEYERS Luc Jozef (comparant) · Appointment: BEYERS Luc Jozef (director) · published on 18-09-20234 points ▸
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
SEMASY was incorporated on 14 September 2023 as a private limited company by one natural person, with a starting capital of €3,000.12Since 2023, BEYERS Luc Jozef has served as director.3Total assets rose from €49,893 in 2023 to €123,214 in 2025.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Managementvennootschap; Ingenieurs en aanverwante technische adviseurs,exclusief landmeters; Vervaardiging van metalen constructiewerken en…”
40 activities
Managementvennootschap
Ingenieurs en aanverwante technische adviseurs,exclusief landmeters
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van elektrische signaalapparatuur,veiligheids-,controle- en regelapparatuur voor verkeerswegen,spoor- en tramwegen,waterwegen,havens en vliegvelden
Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails)
Schilderen van markeringen op wegen en parkeerplaatsen
Bouw van rioleringen
Bouw van civieltechnische werken voor vloeistoffen,n.e.g.
Aanleg van waterdistributienetten en rioleringen
Bouwrijp maken van terreinen
Verlaging van het grondwaterpeil en drainage van bouwterreinen
Drainage van land- en bosbouwgrond
Proefboren en boren
Proefboren en het nemen van bodemmonsters ten behoeve van de bouw of voor geofysische,geologische of andere doeleinden
Schrijnwerk
Montage van buiten- en binnenschrijnwerk in metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enz.,in metaal
Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,in metaal
Installatie van geblindeerde deuren en brandwerende deuren in metaal
Montage van serres,veranda's enz.in metaal
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Plaatsen van behang
Schilderen van gebouwen
Schilderen van het binnen- en buitenwerk van gebouwen
Schilderen van civieltechnische werken
Schilderen van metalen constructies
Dakwerkzaamheden
Bouw van daken
Plaatsen van dakbedekking van ongeacht welk materiaal
Waterdichtingswerken van muren
Waterdicht maken van daken en dakterrassen
Chapewerken
Handelsbemiddeling in goederen,algemeen assortiment
Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.
Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,enz.
Markt- en opinieonderzoekbureaus
Het ontwikkelen,ontwerpen,begeleiden en uitvoeren van projecten betreffende de onroerende goederen,in de ruimste zin van het woord,dit zowel voor eigen,als voor rekening van derden en als bemiddeling tussen of in samenwerking met derden,zowel in binnen- als in buitenland
Het oprichten of mede-oprichten van,het nemen van aandelen in andere vennootschappen in binnen- en buitenland
Alle beheer,management,deelname of belangenmenging rechtstreeks of onrechtstreeks in bestaande of nog op te richten vennootschappen van welke vorm of doel ook