SEND
ActiveSummary
SEND has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.2m and a net result of €140,201. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 64% of 3,854 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €6.2m
- Profit
- €140,201
- Holdings
- 3
Why 91raises riskLiquidity: current ratio 0.26, cash €13,428lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: turnover €38,350, total assets €8.9mFigures for financial year 2025 (filed 24-06-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, small): better than 66% on solvency, 47% on liquidity, 29% on profitability and 44% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Back to profitnet €185,624
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €35,749 in 2025 against €15,178 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | - | €39,379 | - |
| Turnover70 | - | - | - | - | - | - | - | €38,350 | - |
| Other operating income74 | - | - | - | - | - | - | - | €1,029 | - |
| Operating charges60/66A | - | - | - | €14,811 | €15,452 | €15,428 | €15,178 | €75,128 | ▲ 395% |
| Services and other goods61 | - | - | - | €13,781 | €14,422 | €14,256 | €14,049 | €73,968 | ▲ 427% |
| Other operating charges640/8 | - | - | - | €1,030 | €1,030 | €1,172 | €1,130 | €1,160 | ▲ 2.7% |
| Operating profit (loss)9901 | -€13,193 | -€13,669 | -€13,895 | -€14,811 | -€15,452 | -€15,428 | -€15,178 | -€35,749 | ▼ 136% |
| Financial income75/76B | - | - | - | €60,923 | - | - | €203,077 | €177,754 | ▼ 12.5% |
| Recurring financial income75 | - | - | €60,923 | €60,923 | - | - | €203,077 | €177,754 | ▼ 12.5% |
| Income from financial fixed assets750 | - | - | - | €60,923 | - | - | €203,077 | €177,692 | ▼ 12.5% |
| Other financial income752/9 | - | - | - | - | - | - | - | €62 | - |
| Financial charges65/66B | - | - | - | €1,817 | €2,271 | €2,756 | €2,275 | €1,716 | ▼ 24.6% |
| Recurring financial charges65 | €540 | €891 | €1,378 | €1,817 | €2,271 | €2,756 | €2,275 | €1,716 | ▼ 24.6% |
| Debt charges650 | €445 | €786 | €1,259 | €1,637 | €2,121 | €2,606 | €2,117 | €1,502 | ▼ 29.0% |
| Other financial charges652/9 | - | - | - | €180 | €150 | €150 | €158 | €213 | ▲ 35.5% |
| Profit (loss) for the period before taxes9903 | -€13,732 | -€14,560 | €45,650 | €44,295 | -€17,722 | -€18,185 | €185,624 | €140,290 | ▼ 24.4% |
| Income taxes67/77 | - | - | - | - | - | - | - | €89 | - |
| Taxes670/3 | - | - | - | - | - | - | - | €89 | - |
| Profit (loss) for the period9904 | -€13,732 | -€14,560 | €45,650 | €44,295 | -€17,722 | -€18,185 | €185,624 | €140,201 | ▼ 24.5% |
| Profit (loss) for the period to be appropriated9905 | -€13,732 | -€14,560 | €45,650 | €44,295 | -€17,722 | -€18,185 | €185,624 | €140,201 | ▼ 24.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.9m | €8.9m | €8.9m | €8.9m | €8.8m | €8.8m | €8.9m | €8.9m | ▲ 0.1% |
| Fixed assets21/28 | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Financial fixed assets28 | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Affiliated companies280/1 | - | - | - | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Participating interests280 | - | - | - | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Current assets29/58 | €0.005m | €0.006m | €0.004m | €0.005m | €0.001m | €0.001m | €0.009m | €0.02m | ▲ 141% |
| Amounts receivable within one year40/41 | - | - | - | - | - | - | - | €0.008m | - |
| Trade receivables40 | - | - | - | - | - | - | - | €0.008m | - |
| Cash at bank and in hand54/58 | €0.005m | €0.005m | €0.003m | €0.005m | €0.001m | €92 | €0.009m | €0.01m | ▲ 49.8% |
| Deferred charges and accrued income490/1 | - | - | - | €437 | €437 | €437 | €437 | €0.002m | ▲ 261% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.9m | €8.9m | €8.9m | €8.9m | €8.8m | €8.8m | €8.9m | €8.9m | ▲ 0.1% |
| Equity10/15 | €5.8m | €5.8m | €5.9m | €5.9m | €5.9m | €5.9m | €6.1m | €6.2m | ▲ 2.3% |
| Contributions10/11 | €5.9m | €5.9m | - | €5.9m | €5.9m | €5.9m | €5.9m | €5.9m | = |
| Profit (loss) carried forward14 | -€0.03m | -€0.05m | -€0.003m | €0.04m | €0.02m | €0.005m | €0.2m | €0.3m | ▲ 73.6% |
| Amounts payable17/49 | €3.0m | €3.0m | €3.0m | €2.9m | €2.9m | €3.0m | €2.8m | €2.7m | ▼ 4.6% |
| Amounts payable after more than one year17 | €3.0m | €3.0m | €2.9m | €2.8m | €2.8m | €2.8m | €2.7m | €2.6m | ▼ 6.4% |
| Other amounts payable178/9 | - | - | - | €2.8m | €2.8m | €2.8m | €2.7m | €2.6m | ▼ 6.4% |
| Amounts payable within one year42/48 | €0.04m | €0.05m | €0.07m | €0.08m | €0.1m | €0.1m | €0.04m | €0.09m | ▲ 124% |
| Trade debts44 | €0.01m | €31 | - | €0.01m | €333 | €0.01m | €62 | €0.02m | ▲ 242× |
| Suppliers440/4 | - | - | - | €0.01m | €333 | €0.01m | €62 | €0.02m | ▲ 242× |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €0.01m | - |
| Taxes450/3 | - | - | - | - | - | - | - | €0.008m | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.003m | - |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.1m | €0.1m | €0.04m | €0.06m | ▲ 57.1% |
| Accrued charges and deferred income492/3 | - | - | - | €38 | €38 | €38 | €45 | €45 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,732 | -€14,560 | €45,650 | €44,295 | -€17,722 | -€18,185 | €185,624 | €140,201 | ▼ 24.5% |
| Operating cash flow (approximation) | -€13,732 | -€14,560 | €45,650 | €44,295 | -€17,722 | -€18,185 | €185,624 | €140,201 | ▼ 24.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €234 | -€2,249 | €1,524 | -€4,075 | -€472 | €8,872 | €4,464 | ▼ 49.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 24-06-2026 | 2026-00191331 |
| 31-12-2024 | full format | 09-07-2025 | 2025-00262309 |
| 31-12-2023 | full format | 04-07-2024 | 2024-00211593 |
| 31-12-2022 | full format | 26-06-2023 | 2023-00159798 |
| 31-12-2021 | full format | 06-07-2022 | 2022-20155528 |
| 31-12-2020 | full format | 30-06-2021 | 2021-28100478 |
| 31-12-2019 | full format | 09-07-2020 | 2020-28200208 |
| 31-12-2018 | full format | 26-06-2019 | 2019-23800483 |
| 31-12-2017 | full format | 05-07-2018 | 2018-29100493 |
| 31-12-2016 | full format | 07-07-2017 | 2017-28600533 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 05-01-2024 Converted to unavailable equity · €5,883,000
Group and network
Holdings and subsidiaries
3 holdings · 3 subsidiaries in the treeHoldings 3
Source for every holding own accounts 2025
- BEHEERMAATSCHAPPIJ DILIENsubsidiaryEquity €2.2mResult €190,39399.87%
- DILIEN METAALWERKENsubsidiaryEquity €4.8mResult €916,84250.77%
- Equity €1.0mResult €50,6000.04%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
BEHEERMAATSCHAPPIJ DILIEN 99.87%1 subsidiary
- Limtex 99.96%
- DILIEN METAALWERKEN 50.77%
According to the 2025 annual accounts of SEND and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
The board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
05-01
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsPurpose change · Capital conversion · Capital7 facts ▸
- General meeting, 28-11-2023
- Other provision, “vrijstelling voorlezing bijzonder verslag bestuursorgaan over voorwerpwijziging, ontslaat instrumenterende notaris voorlezing te geven” (deed in Dutch)
- Other provision, “kennisname verslag bestuursorgaan over voorwerpwijziging, kennis genomen van voormeld verslag” (deed in Dutch)
- Purpose change
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72015C0920/00H000 | Flanders | 2.4 ha | 1 · 1.3 ha | 14.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SEND
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)