SEMGI
ActiveSEMGI has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €268k and a net result of €42k. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability84▼-16
Solvency100▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.04 in 2022; short-term debt: 20.1% and cash: 21.7% of total assets), and 20.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2022
150 d late
2021
54 d early
2020
2 d early
2019
80 d late
2018
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€268k▲ 20.4%
2022 · €222k
2018: €56k
2019: €45k
2020: €120k
2021: €179k
2022: €222k
2018 → 2024
Total assets
€338k▼ 9.1%
2022 · €372k
2018: €76k
2019: €76k
2020: €189k
2021: €317k
2022: €372k
2018 → 2024
Net result
€42k▼ 55.0%
2022 · €93k
2018: €2k
2019: €-11k
2020: €74k
2021: €90k
2022: €93k
2018 → 2024
Working capital
€54k▲ 832%
2022 · €6k
2018: €42k
2019: €38k
2020: €112k
2021: €-25k
2022: €6k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€45k-€120k▲ 165%€179k▲ 49.8%€222k▲ 24.0%€268k▲ 20.4%
Operating result€-10k-€98k€124k▲ 27.2%€120k▼ 3.5%€64k▼ 46.9%
Net result€-11k-€74k€90k▲ 21.2%€93k▲ 3.2%€42k▼ 55.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €64k in 2024, compared with €120k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €338k
Fixed assets
€216k▼ 6.8%
Current assets
€122k▼ 13.0%
Equity and liabilities €338k
Equity
€268k▲ 20.4%
Debt
€71k▼ 52.8%
The debt ratio falls from 40.3% to 20.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▼
2022 · €127k
Cash flow
€50k▼
2022 · €100k
Solvency
79.1%▲
2022 · 59.7%
Current ratio
1.80▲
2022 · 1.04
Quick ratio
1.80▲
2022 · 1.04
Debt / equity
0.26▼
2022 · 0.68
ROE
15.7%▼
2022 · 41.9%
ROA
12.4%▼
2022 · 25.0%
Interest coverage
30.99▼
2022 · 296.78
Debt
€71k▼
2022 · €150k
Debt ≤ 1 year
€68k▼
2022 · €135k
Income taxes
€19k▼
2022 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€372k€338k▼
Fixed assets21/28€232k€216k▼
Tangible fixed assets22/27€232k€216k▼
Land and buildings22€198k€198k=
Plant, machinery and equipment23€530€156▼
Furniture and vehicles24€33k€17k▼
Current assets29/58€141k€122k▼
Amounts receivable within one year40/41€73k€44k▼
Trade receivables40€67k€43k▼
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€63k€73k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€372k€338k▼
Equity10/15€222k€268k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€202k€247k▲
Amounts payable17/49€150k€71k▼
Amounts payable after more than one year17€15k-
Financial debts170/4€15k-
Amounts payable within one year42/48€135k€68k▼
Current portion of amounts payable after more than one year42€6k€8k▲
Trade debts44€1k€21k▲
Suppliers440/4€1k€21k▲
Taxes, remuneration and social security45€52k€24k▼
Taxes450/3€52k€24k▼
Other amounts payable47/48€75k€15k▼
Accrued charges and deferred income492/3€750€3k▲
Income statement
Code20222024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€129k€74k▼
Operating profit (loss)9901€120k€64k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€428€2k▲
Recurring financial charges65€428€2k▲
Profit (loss) for the period before taxes9903€119k€61k▼
Income taxes67/77€26k€19k▼
Profit (loss) for the period9904€93k€42k▼
Profit (loss) for the period to be appropriated9905€93k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€252k€247k▼
Profit (loss) brought forward from the previous period14P€159k€205k▲
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
31-12
Financial
Highest result since 2018net €93k ▲3.2%
Net result €93k, the highest in the series.
31-12
Financial
Equity above €200kEq €222k ▲24%
3 profitable years in a row build equity to €222k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €179k ▲49.8%
2 profitable years in a row build equity to €179k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
31-12
Financial
Equity above €100kEq €120k ▲165%
Equity rises from €45k to €120k.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Weakest financial yearnet €-11k ▼639%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mechelen
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.
Beekstraat 182800 MechelenGround area
534 m²
Building footprint
93 m²
Volume, LiDAR
682 m³
Parcel 12404F0560/00S003, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0560/00S003 | Flanders | 534 m² | 1 · 93 m² | 10.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 2,191 EUR awarded · 2,191 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 565 EUR | 565 EUR |
| 2023 | 1 | 1,503 EUR | 1,503 EUR |
| 2022 | 1 | 123 EUR | 123 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 591 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2016
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
62200Computer consultancy and computer facilities management
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.