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SEN TECH

Inactive
KBO/BCE: BE 0704.811.403

SEN TECH was declared bankrupt on 21-12-2023 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 28-04-2025, published in the Belgian Official Gazette on 07-05-2025.

Summary

Inactive; last annual accounts for financial year 2020.

SEN TECHInactive

Financials · financial year 2020, abbreviated format

2020 annual accounts filed late (9 days) Filed on 9 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-47800178.

Turnover
€187,037▲ 34.0%
2019 · €139,632
EBIT margin
1.9%▼ 11.5pp
2019 · 13.3%
Net result
€3,350▼ 82.0%
2019 · €18,573
Working capital
€26,625▲ 51.7%
2019 · €17,551
Trend over the years

2019 to 2020, 2 financial years

The operating result falls in 2020; 2020 is 81% below 2019.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€187,037 2020 Operating result€3,484 2020 Net result€3,350 2020

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20192020
Turnover€139,632-€187,037▲ 34.0%
Operating result€18,598-€3,484▼ 81.3%
Net result€18,573-€3,350▼ 82.0%
EBIT margin13.3%-1.9%▼ 11.5pp
Equity€24,773-€28,123▲ 13.5%
Total assets€25,617-€37,149▲ 45.0%
Debt€844-€9,026▲ 970%
Working capital€17,551-€26,625▲ 51.7%
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €37,149
Fixed assets €6,747 ▼ 6.6%
Current assets €30,403 ▲ 65.3%
Equity and liabilities €37,149
Equity €28,123 ▲ 13.5%
Debt €9,026 ▲ 970%
Debt's share of the balance-sheet total rises from 3.3% to 24.3%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€6,909▼
2019 · €23,846
Cash flow
€6,775▼
2019 · €23,821
Current ratio
8.05▼
2019 · 21.80
ROE
11.9%▼
2019 · 75.0%
ROA
9.0%▼
2019 · 72.5%
Debt ≤ 1 year
€3,778▲
2019 · €844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 21 lines
Balance sheet Code20192020
Assets
Total assets20/58€25,617€37,149▲
Fixed assets21/28€7,222€6,747▼
Tangible fixed assets22/27€7,222€6,747▼
Current assets29/58€18,395€30,403▲
Amounts receivable within one year40/41€2,801€26,025▲
Cash at bank and in hand54/58€7,449€4,378▼
Equity and liabilities
Total equity and liabilities10/49€25,617€37,149▲
Equity10/15€24,773€28,123▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€18,573€21,923▲
Amounts payable17/49€844€9,026▲
Amounts payable within one year42/48€844€3,778▲
Trade debts44-€2,709
Income statement Code20192020
Turnover70€139,632€187,037▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,248€3,425▼
Gross operating margin9900€62,776€7,685▼
Operating profit (loss)9901€18,598€3,484▼
Recurring financial charges65€25€134▲
Profit (loss) for the period before taxes9903€18,573€3,350▼
Profit (loss) for the period9904€18,573€3,350▼
Profit (loss) for the period to be appropriated9905€18,573€3,350▼
Line20192020Change
Turnover70€139,632€187,037▲ 34.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,248€3,425▼ 34.7%
Gross operating margin9900€62,776€7,685▼ 87.8%
Operating profit (loss)9901€18,598€3,484▼ 81.3%
Recurring financial charges65€25€134▲ 442%
Profit (loss) for the period before taxes9903€18,573€3,350▼ 82.0%
Profit (loss) for the period9904€18,573€3,350▼ 82.0%
Profit (loss) for the period to be appropriated9905€18,573€3,350▼ 82.0%
Line20192020Change
Assets
Total assets20/58€25,617€37,149▲ 45.0%
Fixed assets21/28€7,222€6,747▼ 6.6%
Tangible fixed assets22/27€7,222€6,747▼ 6.6%
Current assets29/58€18,395€30,403▲ 65.3%
Amounts receivable within one year40/41€2,801€26,025▲ 829%
Cash at bank and in hand54/58€7,449€4,378▼ 41.2%
Equity and liabilities
Total equity and liabilities10/49€25,617€37,149▲ 45.0%
Equity10/15€24,773€28,123▲ 13.5%
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€18,573€21,923▲ 18.0%
Amounts payable17/49€844€9,026▲ 970%
Amounts payable within one year42/48€844€3,778▲ 348%
Trade debts44-€2,709-
Line20192020Change
Profit (loss) for the period9904€18,573€3,350▼ 82.0%
+ Depreciation and write-downs630€5,248€3,425▼ 34.7%
Operating cash flow (approximation)€23,821€6,775▼ 71.6%
Investment in fixed assets (approximation)--€2,950-
Change in cash--€3,072-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2020 abbreviated format 09-08-2021 2021-47800178
31-12-2019 abbreviated format 26-08-2020 2020-45200432

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.