Overdue debts
€129,099 on 31-12-2024
The annual accounts state €4,018 of overdue tax debts and €125,081 of overdue social security (RSZ) debts on 31-12-2024.
SENEC
Part of the group
197 companies in 29 countries
Lifetime
10 annual accounts with figures on one time axis, 43 filings since 1982peak €15.5m (2024)
€15.5m▲ 21.0%
lowest -€2.7m (2024)
-€2.7m▼ €1.8m
peak €2.1m (2021)
-€950,968▼ €2.7m
€7.1m▲ 90.7%
peak 114.2 FTE (2024)
114.2 FTE▲ 15.5%
Board18 names since 2008all names
3 directors and 2 others
Owners4 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
16-07-202515 days before the deadline
2024financial year
Turnover from €12.8m to €15.5mLoss of €2.7mStaff from 98.9 FTE to 114.2 FTEMerger proposal: SENEC takes over Cozie 24-10Merger proposal: Senec takes over Cozie.be 24-102 directors reappointed, 1 statutory auditor reappointed 26-08
Key points
from the 2024 annual accountsEquity
-€950,968
Debts exceed assets in financial year 2024.
Losses
-€4.0m in three years
Every financial year from 2022 to 2024 closed with a loss. 2024 was the heaviest.
Debts
€7.1m 116% of the balance sheet
Financial debts 30%Suppliers 46%Taxes and wages 16%Other 9%
Of this, €6.7m falls due within a year.
Filings
43 annual accounts 105 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
3 joined · 4 left
Board changed. Latest change 05-01-2026 · 2 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 108 companies had the same profile as SENEC has now. Each dot is one company, two years later.
80.6%
were still trading
11.1%
stopped another way
6.5%
went bankrupt
Another 1.9% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 108 companies, not a prediction for SENEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Chair
Daily manager,
Director
Auditor,
- 100%score equity -€7,065 (2025) · annual accounts 2024
Recent changes
New establishment in Liège
Rue Diguette 12
Merger: SENEC SA takes over ATRIATECH
Registered office moved from Herstal to Braine-l'Alleud · Capital decrease of €4,453,841 · New registered office: Avenue du Commerce 17, 1420 Braine-l'Alleud · General meeting of 01-07-2026 · Gazette deed
Merger proposal: SENEC NV takes over HARDENNE P BV
The company holds all the shares of HARDENNE P BV · holds all the shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SENEC Braine-l'Alleud | €15.5m | -15.8% | -15.6% | 114.2 |
| GOESSENS Hannut | €14.0m | -3.1% | 1.8% | 93.7 |
| THERMOCO Antwerp | €12.6m | 5.4% | 18.8% | 72.8 |
| SABCOBEL HEIDI FRIGOS Sint-Niklaas | €23.9m | 1.1% | 17.1% | 89.2 |
| Remeha Wommelgem | €10.4m | 8.2% | 80.2% | 75.5 |
| DELBRASSINE Verviers | €12.2m | 2.6% | 33.4% | 64.6 |
| Gezel Buggenhout | €23.9m | 4.9% | 54.2% | 76.3 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SENEC: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €5.1m and €10m, founded between 1961 and 1991.
Official details
Source: KBO- Status
- Active since 26-04-1982Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149.01Electricians: installation and distribution · annual accounts 2024
- Establishment units
- 2.139.127.6371600 Sint-Pieters-Leeuw, since 08-04-1992
- 2.020.624.1231970 Wezembeek-Oppem, since 29-06-2000and 13 others
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2024
Annual accounts 2024
- €6.1m▲ 12.8%
- Employeeson 31-12-2024
- 125▲ 11.6%
- Filing
- Filed on 16-07-2025
Companies linked to SENEC
Parent and group
Insights on SENEC
SENEC has existed since 1982. Turnover grew from €10.4m in 2015 to €15.5m in 2024 and staff from 89.9 to 114.2 full-time equivalents.
Turnover has grown every year since 2018. Solvency fell in 2024 from 31.6% to -15.6% because of the loss and higher debts to suppliers.
holds all the shares. In December 2025, four directors stepped down. In February 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SENEC
- What is the company number of SENEC?
- The company number of SENEC is 0422.672.748. The VAT number is the same number with BE in front: BE 0422.672.748.
- Where is SENEC based?
- The registered office is at Avenue du Commerce 17, 1420 Braine-l'Alleud.Company details
- What does SENEC do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of SENEC?
- SENEC is a public limited company (NV).
- When was SENEC founded?
- SENEC was founded on 26-04-1982.
- Is SENEC still active?
- Yes, SENEC is an active enterprise in the KBO register.
- How many employees does SENEC have?
- SENEC had an average of 114.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does SENEC fall under?
- In its 2024 annual accounts, SENEC states joint committees 200 (Auxiliary committee for white-collar workers) and 149.01 (Electricians: installation and distribution).
- What is the turnover of SENEC?
- The turnover of SENEC was €15.5m in financial year 2024, according to the filed annual accounts.
- Is SENEC profitable?
- In financial year 2024, SENEC made a loss of €2.7m.
- Where can I find the annual accounts of SENEC?
- SENEC filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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