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SEMLEX EUROPE

Active
Public limited companyfounded 1999active for 27 yearsBrugmannlaan 384, 1180 Ukkel, BelgiumKBO/BCE: BE 0465.959.690

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SEMLEX EUROPE has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €126.8m and a net result of €1.4m. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 95% of 6,063 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
SEMLEX EUROPEActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 28-04-1999 Normal situation
Legal form
Public limited company
Registered office
Brugmannlaan 384, 1180 Ukkel
Activity
Non-specialised wholesale trade NACE 46900and 2 others
Establishment units
2.094.663.332 1180 Ukkel, since 19-04-2002
2.243.341.467 1620 Drogenbos, since 01-03-2015
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Board and ownership

Board
Auditor
SRL Michel Weber Réviseur d'Entreprises
Shareholders
Holdings
Shares in 1 company SEMLEX COTE D IVOIRE
Board & ownership

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2024
Turnover
€18.5m
▼ 24.6%
Profit
€1.4m
Equity
€126.8m
▲ 1.1%
Total assets
€134.5m
▼ 4.4%
Staff
37.3 FTE
▲ 5.4%
2025 accounts not filed, 93 days past the deadline
Filed on 11-02-2026PDF
Financials
Score breakdownraises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 195 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 13-02-2026)lowers riskFounded in 1999Equity €126.8m (94.3% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 64% of small companies in wholesale trade (NACE 46)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100=
equity 94.3% of total assets
Liquidity 62+5
short-term debt 1.6% · cash 10.0%
Profitability 70+12
return on assets 1.0%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.9%▲ +0.2 percentage points vs 11-2024 01-2025: 2.0%▲ +1.1 percentage points vs 12-2024 02-2025: 0.5%▼ -1.5 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.4 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.5%▲ +0.3 percentage points vs 11-2025 01-2026: 3.2%▲ +1.7 percentage points vs 12-2025highest value 02-2026: 3.2%● unchanged vs 01-2026highest value 03-2026: 0.3%▼ -2.9 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026
Credit of up to €1,850,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 51.77 (21.4 in 2023), above the usual 1.5. Short-term debt is 1.6% and cash 10% of total assets. 5.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 92% of them on solvency, 81% on liquidity, 60% on profitability and 23% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 195 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 13-02-2026)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €126.8m (94.3% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 195 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-02-2026, 195 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
195 days late
2023
161 days late
2022
399 days late
2021
493 days late
2020
230 days late
2019
130 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 268 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2024after a loss of €1.1m in 2023 €1.4m View
  • Positive: Largest company by total assets in Ukkel, Wholesale and retail trade sectorin the Checked rankings No. 1 View

Documents

Annual accounts at the NBB

All 25 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SEMLEX EUROPE

What is the company number of SEMLEX EUROPE?
The company number of SEMLEX EUROPE is 0465.959.690. The VAT number is the same number with BE in front: BE 0465.959.690.
Where is SEMLEX EUROPE based?
The registered office is at Brugmannlaan 384, 1180 Ukkel.Company details
What does SEMLEX EUROPE do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of SEMLEX EUROPE?
The legal form of SEMLEX EUROPE is Public limited company (NV).
When was SEMLEX EUROPE founded?
SEMLEX EUROPE was founded on 28-04-1999.
Is SEMLEX EUROPE still active?
Yes, SEMLEX EUROPE is an active enterprise in the KBO register.
How many employees does SEMLEX EUROPE have?
SEMLEX EUROPE had an average of 37.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SEMLEX EUROPE?
The turnover of SEMLEX EUROPE was €18.5m in financial year 2024, according to the filed annual accounts.
Is SEMLEX EUROPE profitable?
In financial year 2024, SEMLEX EUROPE made a profit of €1.4m.
Where can I find the annual accounts of SEMLEX EUROPE?
SEMLEX EUROPE filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Companies linked to SEMLEX EUROPE

Comparable companies

These companies have the same main activity as SEMLEX EUROPE: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €19m and €88m, founded between 1979 and 2002.

CompanyTotal assetsTurnover
SEMLEX EUROPE Ukkel€134.5m€18.5m
CLAES MACHINES Beringen€50.6m€21.4m
Inve Technologies Dendermonde€43.5m€46.8m
METAL YAPI Machelen (Brab.)€32.3m€44.2m
ARTHREX Kontich€19.4m€32.6m
MOENS VERPAKKINGEN Dendermonde€20.2m€31.0m
PPG Belgium Koekelare€87.5m€33.4m
Full comparison

Next steps

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