SEMRA
ActiveSEMRA has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45k and a net result of €78k. Equity is shrinking by ~10.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 59% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency80▲+80
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 0.15 in 2023; short-term debt: 45.3% and cash: 17.6% of total assets), and 45.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
17 d late
2022
on the day
2021
18 d early
2020
30 d late
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€45k
2023 · €-33k
2018: €-10k
2019: €-16k
2020: €-17k
2021: €-36k
2022: €-37k
2023: €-33k
2018 → 2024
Total assets
€82k▲ 1,269%
2023 · €6k
2018: €90k
2019: €42k
2020: €36k
2021: €3k
2022: €325
2023: €6k
2018 → 2024
Net result
€78k▲ 1,801%
2023 · €4k
2018: €5k
2019: €-7k
2020: €-467
2021: €-20k
2022: €-486
2023: €4k
2018 → 2024
Working capital
€40k
2023 · €-33k
2018: €-19k
2019: €-23k
2020: €-17k
2021: €-36k
2022: €-37k
2023: €-33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-17k-€-36k▼ 116%€-37k▼ 1.3%€-33k▲ 11.1%€45k
Operating result€1k-€-19k€-339▲ 98.2%€4k€78k▲ 1,771%
Net result€-467-€-20k▼ 4,087%€-486▲ 97.5%€4k€78k▲ 1,801%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 1,771% above 2023 and is the highest result in the available series.
Balance-sheet composition
Assets €82k
Fixed assets
€4k
Current assets
€78k
Equity and liabilities €82k
Equity
€45k
Debt
€37k
Debt finances 45.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€78k
Cash flow
€78k
Solvency
54.7%▲
2023 · -549.6%
Current ratio
2.09▲
2023 · 0.15
Quick ratio
2.03▲
2023 · 0.15
Debt / equity
0.83▲
2023 · -1.18
ROE
173.4%
ROA
94.8%▲
2023 · 68.3%
Interest coverage
294.97
Debt
€37k▼
2023 · €39k
Debt ≤ 1 year
€37k▼
2023 · €39k
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 2023
Balance sheet
Code20232024
Assets
Total assets20/58€6k€82k▲
Fixed assets21/28-€4k
Tangible fixed assets22/27-€4k
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€3k
Current assets29/58€6k€78k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€6k€61k▲
Trade receivables40€6k€55k▲
Other amounts receivable41€95€6k▲
Cash at bank and in hand54/58€33€14k▲
Equity and liabilities
Total equity and liabilities10/49€6k€82k▲
Equity10/15€-33k€45k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-54k€24k▲
Amounts payable17/49€39k€37k▼
Amounts payable within one year42/48€39k€37k▼
Financial debts43-€14
Credit institutions430/8-€14
Trade debts44€2k€25k▲
Suppliers440/4€2k€25k▲
Other amounts payable47/48€37k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€193
Gross operating margin9900€4k€78k▲
Operating profit (loss)9901€4k€78k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€80€265▲
Recurring financial charges65€80€265▲
Profit (loss) for the period before taxes9903€4k€78k▲
Profit (loss) for the period9904€4k€78k▲
Profit (loss) for the period to be appropriated9905€4k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€24k▲
Profit (loss) brought forward from the previous period14P€-58k€-54k▲
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
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Highest result since 2018net €78k ▲1801%
Operating result €78k, net result €78k, both a record.
31-12
Financial
Liquidity times 14current ratio 2.09
Current ratio from 0.15 to 2.09; short-term debt falls from €39k to €37k.
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Andenne · 1 establishment unit since 1986
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.
Rue de Liège 18A5300 AndenneGround area
115 m²
Building footprint
52 m²
Parcel 92124A0351/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
B-CONSTRUCT
since 19862.034.783.153
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92124A0351/00N000 ProtectedSite or landscape |
Wallonia | 115 m² | 1 · 52 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 746 companies in sector 43332 we hold annual accounts for 411. 330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-1986
Fiscal year end31-12
Activities, NACEBEL
43332Laying of wooden floor and wall coverings
45432
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.