SENELCO
ActiveSENELCO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €249k and a net result of €-63k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 54% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-28
Solvency95▲+26
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.52 in 2023), but 50.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.7%
Return on assets
-12.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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
90 d late
2023
69 d late
2022
101 d late
2021
137 d late
2020
136 d late
2019
120 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€249k▼ 20.3%
2023 · €313k
2018: €200k
2019: €205k
2020: €245k
2021: €269k
2022: €295k
2023: €313k
2018 → 2024
Total assets
€501k▼ 40.9%
2023 · €847k
2018: €272k
2019: €330k
2020: €472k
2021: €523k
2022: €766k
2023: €847k
2018 → 2024
Net result
€-63k
2023 · €18k
2018: €43k
2019: €5k
2020: €41k
2021: €44k
2022: €39k
2023: €18k
2018 → 2024
Working capital
€240k▼ 14.4%
2023 · €280k
2018: €171k
2019: €181k
2020: €186k
2021: €212k
2022: €222k
2023: €280k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€245k-€269k▲ 9.7%€295k▲ 9.5%€313k▲ 6.0%€249k▼ 20.3%
Operating result€71k-€47k▼ 34.7%€46k▼ 1.9%€28k▼ 39.7%€-37k
Net result€41k-€44k▲ 7.4%€39k▼ 11.1%€18k▼ 54.6%€-63k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €37k after €28k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €501k
Fixed assets
€39k▲ 21.1%
Current assets
€461k▼ 43.3%
Equity and liabilities €501k
Equity
€249k▼ 20.3%
Debt
€252k▼ 52.9%
The debt ratio falls from 63.1% to 50.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-2k▼
2023 · €68k
Cash flow
€-28k▼
2023 · €58k
Solvency
49.7%▲
2023 · 36.9%
Current ratio
2.08▲
2023 · 1.52
Quick ratio
2.08▲
2023 · 1.52
Debt / equity
1.01▼
2023 · 1.71
ROE
-25.5%▼
2023 · 5.7%
ROA
-12.7%▼
2023 · 2.1%
Interest coverage
-0.12▼
2023 · 18.49
Debt
€252k▼
2023 · €534k
Debt ≤ 1 year
€222k▼
2023 · €534k
Debt > 1 year
€30k
Income taxes
€13k▲
2023 · €6k
Staff costs
€8k▼
2023 · €16k
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€847k€501k▼
Fixed assets21/28€33k€39k▲
Tangible fixed assets22/27€33k€39k▲
Land and buildings22€2k-
Furniture and vehicles24€10k€5k▼
Leasing and similar rights25€20k€35k▲
Current assets29/58€814k€461k▼
Amounts receivable within one year40/41€797k€413k▼
Trade receivables40€424k€31k▼
Other amounts receivable41€373k€382k▲
Cash at bank and in hand54/58€17k€48k▲
Equity and liabilities
Total equity and liabilities10/49€847k€501k▼
Equity10/15€313k€249k▼
Contributions10/11€30k€30k=
Reserves13€34k€34k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€249k€185k▼
Amounts payable17/49€534k€252k▼
Amounts payable after more than one year17-€30k
Other amounts payable178/9-€30k
Amounts payable within one year42/48€534k€222k▼
Current portion of amounts payable after more than one year42€29k€16k▼
Financial debts43€66-
Other loans439€66-
Trade debts44€495k€191k▼
Suppliers440/4€495k€191k▼
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€5k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€16k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€35k▼
Other operating charges640/8€14k€33k▲
Gross operating margin9900€97k€40k▼
Operating profit (loss)9901€28k€-37k▼
Financial charges65/66B€4k€13k▲
Recurring financial charges65€4k€13k▲
Profit (loss) for the period before taxes9903€24k€-50k▼
Income taxes67/77€6k€13k▲
Profit (loss) for the period9904€18k€-63k▼
Profit (loss) for the period to be appropriated9905€18k€-63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€249k€185k▼
Profit (loss) brought forward from the previous period14P€231k€249k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
31-12
Financial
Weakest financial yearnet €-63k ▼458%
Net result drops to €-63k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
2021
31-12
Financial
Highest result since 2018net €44k ▲7.4%
Net result €44k, the highest in the series.
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 136 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2019
31-12
Financial
Equity above €200kEq €205k ▲2.3%
2 profitable years in a row build equity to €205k.
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 86 days late
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 70 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
SENATOVICI Cristian
CurrentDirector · since 23-12-2022
23-12-2022
SENATOVICI Cristian: Appointed as Director
23-12-2022
BOTA Virgil: Resigned as Gérant
Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 2008
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.
Grand route 901474 GenappeGround area
829 m²
Building footprint
147 m²
Volume, LiDAR
1,291 m³
Parcel 25113D0091/00B004, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grand route 90, 1474 Genappe
since 20082.169.491.706
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25113D0091/00B004 | Wallonia | 829 m² | 1 · 147 m² | 11.8 m · 3 fl. |
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.
Similar companies · same sector, comparable size
GALBIGA
BE 0689.956.545
Zandhoven · Eq €249k
RUSNAK
BE 0771.463.962
Herselt · Eq €249k
D. CALLENS
BE 0889.405.668
Menen · Eq €249k
DAVY VERDURMEN
BE 0829.633.476
Stekene · Eq €249k
ELEK DEPO
BE 0461.179.174
Kruisem · Eq €249k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 11,401 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43343Specialised construction activities
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.