SEMINARA CONSTRUCT
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 30 April 2026 The financial year closed on 30 September 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 05-10-2026 at the NBB all 15 filings
Equity
-€68,765▼ 24.9%
2023 · -€55,050
Total assets
€4,206▼ 72.7%
2023 · €15,403
Net result
-€13,715▲ 59.7%
2023 · -€34,047
Working capital
-€69,705▼ 20.6%
2023 · -€57,810
Multi-year overview
2019 to 2024, 6 financial yearsOperating result
-€11,495
▲ 64.1%
2024
20192024
Net result
-€13,715
▲ 59.7%
2024
lowest quarter of the sector
20192024
Equity
-€68,765
▼ 24.9%
2024
lowest quarter of the sector
20192024
Total assets
€4,206
▼ 72.7%
2024
lowest quarter of the sector
20192024
Debt
€72,972
▲ 3.6%
2024
20192024
Working capital
-€69,705
▼ 20.6%
2024
lowest quarter of the sector
20192024
Solvency
no figure
2024
20192024
Current ratio
no figure
2024
20192024
Return on assets (ROA)
no figure
2024
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€5,036-€7,198▲ 42.9%-€34,216-€13,531▲ 60.5%-€32,002▼ 137%-€11,495▲ 64.1%
Net result€3,035-€2,943within the sector's middle half▼ 3.0%-€37,470below the sector's middle half-€15,605below the sector's middle half▲ 58.4%-€34,047below the sector's middle half▼ 118%-€13,715below the sector's middle half▲ 59.7%
Equity€29,129-€32,072within the sector's middle half▲ 10.1%-€5,398below the sector's middle half-€21,003below the sector's middle half▼ 289%-€55,050below the sector's middle half▼ 162%-€68,765below the sector's middle half▼ 24.9%
Total assets€128,204-€49,165below the sector's middle half▼ 61.7%€23,133below the sector's middle half▼ 52.9%€32,733below the sector's middle half▲ 41.5%€15,403below the sector's middle half▼ 52.9%€4,206below the sector's middle half▼ 72.7%
Debt€99,075-€17,093▼ 82.7%€28,531▲ 66.9%€53,736▲ 88.3%€70,453▲ 31.1%€72,972▲ 3.6%
Working capital-€30,860-€181below the sector's middle half-€14,112below the sector's middle half-€26,225below the sector's middle half▼ 85.8%-€57,810below the sector's middle half▼ 120%-€69,705below the sector's middle half▼ 20.6%
Solvency22.7%-65.2%above the sector's middle half▲ 42.5pp-23.3%below the sector's middle half▼ 88.6pp-64.2%below the sector's middle half▼ 40.8pp-357.4%below the sector's middle half▼ 293.2pp
Current ratio0.65-1.01below the sector's middle half▲ 0.360.51below the sector's middle half▼ 0.510.51below the sector's middle half▲ 0.010.18below the sector's middle half▼ 0.33
Return on assets (ROA)2.4%-6.0%within the sector's middle half▲ 3.6pp-162.0%below the sector's middle half▼ 168.0pp-47.7%below the sector's middle half▲ 114.3pp-221.0%below the sector's middle half▼ 173.4pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €11,495, smaller than the loss of €32,002 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4,206
Fixed assets
€940 ▼ 65.9%
Current assets
€3,266 ▼ 74.2%
Equity and liabilities
Equity-€68,765
Debt€72,972
Equity is negative. Debt (€72,972) exceeds the balance-sheet total (€4,206).
Key figures and ratios
EBITDA
-€9,675▲
2023 · -€29,541
Cash flow
-€11,895▲
2023 · -€31,585
Interest coverage
-4.36▲
2023 · -14.45
Debt ≤ 1 year
€72,972▲
2023 · €70,453
The ratios are withheld because a balance sheet total of €4,206 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 |
|---|---|---|---|---|
| Tangible fixed assets | €8,264 | - | - | €2,351 |
| Depreciation and write-downs of the year | €7,108 | €3,492 | €2,461 | €1,820 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,774 | €4,774 | €7,108 | €3,492 | €2,461 | €1,820 | ▼ 26.1% |
| Other operating charges640/8 | - | - | €2,687 | €994 | €918 | €205 | ▼ 77.6% |
| Gross operating margin9900 | €12,327 | €26,918 | -€24,421 | -€9,045 | -€28,623 | -€9,469 | ▲ 66.9% |
| Operating profit (loss)9901 | €5,036 | €7,198 | -€34,216 | -€13,531 | -€32,002 | -€11,495 | ▲ 64.1% |
| Recurring financial income75 | €1,211 | €565 | - | - | - | - | - |
| Financial charges65/66B | - | - | €1,837 | €2,074 | €2,045 | €2,220 | ▲ 8.6% |
| Recurring financial charges65 | €1,387 | €1,862 | €1,837 | €2,074 | €2,045 | €2,220 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | €4,861 | €5,901 | -€36,053 | -€15,605 | -€34,047 | -€13,715 | ▲ 59.7% |
| Income taxes67/77 | €1,826 | €2,957 | €1,418 | - | - | - | - |
| Profit (loss) for the period9904 | €3,035 | €2,943 | -€37,470 | -€15,605 | -€34,047 | -€13,715 | ▲ 59.7% |
| Profit (loss) for the period to be appropriated9905 | €3,035 | €2,943 | -€37,470 | -€15,605 | -€34,047 | -€13,715 | ▲ 59.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €128,204 | €49,165 | €23,133 | €32,733 | €15,403 | €4,206 | ▼ 72.7% |
| Fixed assets21/28 | €69,800 | €32,558 | €8,714 | €5,222 | €2,760 | €940 | ▼ 65.9% |
| Tangible fixed assets22/27 | €9,300 | €7,558 | €8,714 | €5,222 | €2,760 | €940 | ▼ 65.9% |
| Furniture and vehicles24 | - | - | €8,714 | €5,222 | €2,760 | €940 | ▼ 65.9% |
| Financial fixed assets28 | €60,500 | €25,000 | - | - | - | - | - |
| Current assets29/58 | €58,404 | €16,607 | €14,419 | €27,511 | €12,643 | €3,266 | ▼ 74.2% |
| Amounts receivable within one year40/41 | €44,746 | €6,024 | €6,765 | €19,833 | €4,541 | €2,816 | ▼ 38.0% |
| Trade receivables40 | - | - | €2,353 | €16,141 | €2,991 | €468 | ▼ 84.3% |
| Other amounts receivable41 | - | - | €4,411 | €3,692 | €1,551 | €2,347 | ▲ 51.4% |
| Cash at bank and in hand54/58 | €7,330 | €10,018 | €7,654 | €7,654 | €7,654 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €24 | €447 | €450 | ▲ 0.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €128,204 | €49,165 | €23,133 | €32,733 | €15,403 | €4,206 | ▼ 72.7% |
| Equity10/15 | €29,129 | €32,072 | -€5,398 | -€21,003 | -€55,050 | -€68,765 | ▼ 24.9% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €21,069 | €24,012 | -€13,458 | -€29,063 | -€63,110 | -€76,825 | ▼ 21.7% |
| Amounts payable17/49 | €99,075 | €17,093 | €28,531 | €53,736 | €70,453 | €72,972 | ▲ 3.6% |
| Amounts payable after more than one year17 | €3,056 | €667 | - | - | - | - | - |
| Amounts payable within one year42/48 | €89,264 | €16,426 | €28,531 | €53,736 | €70,453 | €72,972 | ▲ 3.6% |
| Financial debts43 | - | - | €11,332 | €14,055 | €13,306 | €14,399 | ▲ 8.2% |
| Credit institutions430/8 | - | - | €11,332 | €14,055 | €13,306 | €14,399 | ▲ 8.2% |
| Trade debts44 | €11,255 | €10,208 | €8,265 | €7,194 | €4,492 | - | - |
| Suppliers440/4 | - | - | €8,265 | €7,194 | €4,492 | - | - |
| Advances received on contracts in progress46 | - | - | - | €2,500 | €2,500 | - | - |
| Taxes, remuneration and social security45 | - | - | €609 | €323 | - | - | - |
| Taxes450/3 | - | - | €609 | €323 | - | - | - |
| Other amounts payable47/48 | - | - | €8,325 | €29,664 | €50,154 | €58,573 | ▲ 16.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,035 | €2,943 | -€37,470 | -€15,605 | -€34,047 | -€13,715 | ▲ 59.7% |
| + Depreciation and write-downs630 | €3,774 | €4,774 | €7,108 | €3,492 | €2,461 | €1,820 | ▼ 26.1% |
| Operating cash flow (approximation) | €6,808 | €7,718 | -€30,362 | -€12,113 | -€31,585 | -€11,895 | ▲ 62.3% |
| Investment in fixed assets (approximation) | - | €32,468 | €16,736 | €0 | €0 | €0 | - |
| Change in cash | - | €2,688 | -€2,364 | €0 | €0 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2024 | micro format | 05-10-2026 | 2026-00546166 | |
| 30-09-2023 | micro format | 31-05-2024 | 2024-00104692 | |
| 30-09-2022 | micro format | 31-05-2023 | 2023-00108919 | |
| 30-09-2021 | micro format | 31-05-2022 | 2022-20053616 | |
| 30-09-2020 | micro format | 30-05-2021 | 2021-16400098 | |
| 30-09-2019 | micro format | 29-05-2020 | 2020-14600025 | |
| 30-09-2018 | micro format | 27-05-2019 | 2019-15100448 | |
| 30-09-2017 | micro format | 30-05-2018 | 2018-15400185 | |
| 30-09-2016 | abbreviated format | 31-05-2017 | 2017-14600484 | |
| 30-09-2015 | abbreviated format | 29-04-2016 | 2016-11300207 |