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Senes Construct

Active
Private limited companyfounded 2016active for 9 yearsVredestraat 53, 8790 Waregem, BelgiumKBO/BCE: BE 0666.821.253
Summary

Senes Construct has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€692,242) and a net result of -€99,334. Equity has been shrinking by about 35% per year since 2018. Its solvency ranks better than 5% of 2,797 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 30-11-2016 Normal situation
Registered office
141 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.259.417.337 8790 Waregem, since 30-11-2016
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
and 3 others
Shareholders

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
-€60,279
Loss
€99,334
Equity
-€692,242
▼ 16.8%
Total assets
€330,756
▼ 27.2%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€692,242Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €330,756Liquidity: current ratio 0.46, cash €302,287Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies in construction of buildings (NACE 41)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -209.3% of total assets
Liquidity 50=
short-term debt 214.4% · cash 91.4%
Profitability 0-55
return on assets -30.0%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 1.4%highest value 01-2025: 1.2%▼ -0.2 percentage points vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.1%▼ -0.1 percentage points vs 03-2025 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 0.7%▼ -0.5 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026lowest value 07-2026: 1.2%▲ +0.7 percentage points vs 06-2026 08-2026: 1.2%● unchanged vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.46 (0.58 in 2024), below 1. Short-term debt is 214.4% and cash 91.4% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 41, micro). It does better than 3% of them on solvency, 51% on liquidity, 5% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €330,756
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€692,242
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 0.46, cash €302,287
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€692,242
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
60 days early
2024
59 days early
2023
13 days early
2022
14 days early
2021
16 days early
2020
15 days early
2019
33 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 01-06-2026 PDF all 9 filings

Amounts without an identifiable currency are taken as euros.

Turnover
€0▼ 100%
2018 · €1,845
EBIT margin
-18.9%
Net result
-€99,334
2024 · €31,573
Working capital
-€382,471▼ 19.4%
2024 · -€320,447
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €61,278, after a profit of €66,997 in 2024.

Turnover€0 2024 Operating result-€0.06m 2025 Net result-€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.002m-€0
Operating result-€349-€0.006m-€0.001m-€0.001m▼ 21.1%-€0.8m▼ 55,592%-€0.04m▲ 95.2%€0.07m-€0.06m
Net result€0.001m-€0.003m▲ 470%€0.007mwithin the sector's middle half▲ 98.9%€0.004mwithin the sector's middle half▼ 41.0%-€0.8mbelow the sector's middle half-€0.03mbelow the sector's middle half▲ 95.6%€0.03mwithin the sector's middle half-€0.1mbelow the sector's middle half
EBIT margin-18.9%-
Equity€0.2m-€0.2m▲ 1.9%€0.2mwithin the sector's middle half▲ 3.7%€0.2mwithin the sector's middle half▲ 2.1%-€0.6mbelow the sector's middle half-€0.6mbelow the sector's middle half▼ 5.9%-€0.6mbelow the sector's middle half▲ 5.1%-€0.7mbelow the sector's middle half▼ 16.8%
Total assets€2.3m-€2.2m▼ 5.8%€3.2mwithin the sector's middle half▲ 47.9%€3.3mwithin the sector's middle half▲ 2.6%€1.7mwithin the sector's middle half▼ 48.1%€1.0mwithin the sector's middle half▼ 42.5%€0.5mwithin the sector's middle half▼ 53.8%€0.3mwithin the sector's middle half▼ 27.2%
Debt€2.1m-€2.0m▼ 6.4%€3.0m▲ 52.0%€3.1m▲ 2.7%€2.3m▼ 25.7%€1.6m▼ 30.1%€1.0m▼ 34.9%€1.0m▼ 2.3%
Working capital€1.2m-€1.3m▲ 5.4%€1.3mabove the sector's middle half▲ 5.7%€1.4mabove the sector's middle half▲ 4.8%€0.7mabove the sector's middle half▼ 52.8%-€0.3mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 27.7%-€0.4mbelow the sector's middle half▼ 19.4%
Solvency8.0%-8.7%▲ 0.6pp6.1%below the sector's middle half▼ 2.6pp6.0%below the sector's middle half=-34.5%below the sector's middle half▼ 40.6pp-63.5%below the sector's middle half▼ 29.0pp-130.4%below the sector's middle half▼ 67.0pp-209.3%below the sector's middle half▼ 78.9pp
Current ratio2.07-2.37▲ 0.301.70within the sector's middle half▼ 0.671.73within the sector's middle half▲ 0.031.62within the sector's middle half▼ 0.110.80below the sector's middle half▼ 0.830.58below the sector's middle half▼ 0.210.46below the sector's middle half▼ 0.12
Return on assets (ROA)0.0%-0.2%▲ 0.1pp0.2%within the sector's middle half▲ 0.1pp0.1%below the sector's middle half▼ 0.1pp-46.2%below the sector's middle half▼ 46.3pp-3.5%below the sector's middle half▲ 42.7pp6.9%within the sector's middle half▲ 10.5pp-30.0%below the sector's middle half▼ 37.0pp
Staff (FTE)0-0below the sector's middle half0below the sector's middle half
above within below The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €330,756
Fixed assets €4,000 =
Current assets €326,756 ▼ 27.5%
Equity and liabilities
Equity-€692,242
Debt€1.0m
Equity is negative. Debt (€1.0m) exceeds the balance-sheet total (€330,756).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€709,227▼
2024 · €770,991
Income taxes
€0▲
2024 · -€1,895
Supplier credit
760 days▼
2024 · 2537 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Mortgages, amount registered€14.4m€14.4m€2.2m--
Carrying value of the mortgaged assets€11.5m€1.1m---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Financial fixed assets----€0

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.5m€0.3m▼
Fixed assets21/28€0.004m€0.004m=
Financial fixed assets28€0.004m€0.004m=
Current assets29/58€0.5m€0.3m▼
Amounts receivable within one year40/41€0.02m€0.02m▲
Trade receivables40€0.02m€0.02m▲
Other amounts receivable41€0.007m€0.004m▼
Current investments50/53€0-
Cash at bank and in hand54/58€0.4m€0.3m▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€0.5m€0.3m▼
Equity10/15-€0.6m-€0.7m▼
Contributions10/11€0.2m€0.2m=
Profit (loss) carried forward14-€0.8m-€0.9m▼
Amounts payable17/49€1.0m€1.0m▼
Amounts payable within one year42/48€0.8m€0.7m▼
Current portion of amounts payable after more than one year42€0.6m€0.6m=
Trade debts44€0.2m€0.1m▼
Suppliers440/4€0.2m€0.1m▼
Accrued charges and deferred income492/3€0.3m€0.3m▲
Income statement Code20242025
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0.03m€0.06m▲
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900€0.07m-€0.06m▼
Operating profit (loss)9901€0.07m-€0.06m▼
Financial income75/76B€0.006m€0▼
Recurring financial income75€0.006m€0▼
Financial charges65/66B€0.04m€0.04m▼
Recurring financial charges65€0.04m€0.04m▼
Profit (loss) for the period before taxes9903€0.03m-€0.1m▼
Income taxes67/77-€0.002m€0▲
Profit (loss) for the period9904€0.03m-€0.1m▼
Profit (loss) for the period to be appropriated9905€0.03m-€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.8m-€0.9m▼
Profit (loss) brought forward from the previous period14P-€0.8m-€0.8m▲
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-06-2026.

Line20182019202020212022202320242025Change
Operating income70/76A---€4.4m-----
Turnover70€0.002m-----€0--
Change in stocks of work in progress, finished goods and contracts in progress71---€4.4m-----
Other operating income74---€0-----
Operating charges60/66A---€4.4m-----
Goods, raw materials, services and sundry goods60/61------€0.03m€0.06m▲ 129%
Goods for resale, raw materials and consumables60---€4.4m-----
Purchases600/8---€4.4m-----
Services and other goods61---€308-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0--------
Other operating charges640/8---€0.001m€0.001m€0.001m€0.001m€0.001m▼ 8.7%
Gross operating margin9900-----€0.8m-€0.04m€0.07m-€0.06m-
Operating profit (loss)9901-€349€0.006m-€0.001m-€0.001m-€0.8m-€0.04m€0.07m-€0.06m-
Financial income75/76B---€0.01m€0.005m€0.006m€0.006m€0▼ 100%
Recurring financial income75€0.002m€0.005m€0.01m€0.01m€0.005m€0.006m€0.006m€0▼ 100%
Income from current assets751---€0.01m-----
Other financial income752/9---€0-----
Financial charges65/66B---€0.004m€0.001m€0.001m€0.04m€0.04m▼ 11.3%
Recurring financial charges65€0.001m€0.008m€0.001m€0.004m€0.001m€0.001m€0.04m€0.04m▼ 11.3%
Debt charges650€400€0.008m€105€0-----
Other financial charges652/9---€0.004m-----
Profit (loss) for the period before taxes9903€0.001m€0.003m€0.009m€0.006m-€0.8m-€0.03m€0.03m-€0.1m-
Income taxes67/77€0-€0.002m€0.001m€0€0.002m-€0.002m€0-
Taxes670/3---€0.001m-----
Profit (loss) for the period9904€0.001m€0.003m€0.007m€0.004m-€0.8m-€0.03m€0.03m-€0.1m-
Profit (loss) for the period to be appropriated9905€0.001m€0.003m€0.007m€0.004m-€0.8m-€0.03m€0.03m-€0.1m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.3m€2.2m€3.2m€3.3m€1.7m€1.0m€0.5m€0.3m▼ 27.2%
Formation expenses20€0--------
Fixed assets21/28€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m=
Intangible fixed assets21€0--------
Financial fixed assets28€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m=
Other financial fixed assets284/8---€0.004m-----
Amounts receivable and cash guarantees285/8---€0.004m-----
Current assets29/58€2.3m€2.2m€3.2m€3.3m€1.7m€1.0m€0.5m€0.3m▼ 27.5%
Stocks and contracts in progress3€1.9m€1.2m€0€0€0.5m€0---
Stocks30/36----€0.5m€0---
Amounts receivable within one year40/41€0.1m€0.4m€0.8m€0.6m€0.2m€0.05m€0.02m€0.02m▲ 2.0%
Trade receivables40---€0.4m€0.2m€0.02m€0.02m€0.02m▲ 19.2%
Other amounts receivable41---€0.2m€0.002m€0.04m€0.007m€0.004m▼ 38.9%
Current investments50/53-----€0.8m€0--
Cash at bank and in hand54/58€0.1m€0.3m€2.1m€2.4m€0.9m€0.1m€0.4m€0.3m▼ 29.1%
Deferred charges and accrued income490/1---€0.3m€0.03m€0.001m€0--
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.2m€3.2m€3.3m€1.7m€1.0m€0.5m€0.3m▼ 27.2%
Equity10/15€0.2m€0.2m€0.2m€0.2m-€0.6m-€0.6m-€0.6m-€0.7m▼ 16.8%
Contributions10/11€0.2m€0.2m-€0.2m€0.2m€0.2m€0.2m€0.2m=
Profit (loss) carried forward14-€0.005m-€0.002m€0.005m€0.009m-€0.8m-€0.8m-€0.8m-€0.9m▼ 12.7%
Amounts payable17/49€2.1m€2.0m€3.0m€3.1m€2.3m€1.6m€1.0m€1.0m▼ 2.3%
Amounts payable after more than one year17€0.9m€0.9m€0.9m€0.9m€0.9m€0---
Financial debts170/4---€0.9m€0.9m€0---
Other loans174---€0.9m-----
Amounts payable within one year42/48€1.1m€0.9m€1.9m€1.9m€1.1m€1.2m€0.8m€0.7m▼ 8.0%
Current portion of amounts payable after more than one year42-----€0.9m€0.6m€0.6m=
Trade debts44€0.2m€0.2m€0.6m€1.1m€1.0m€0.3m€0.2m€0.1m▼ 31.4%
Suppliers440/4---€1.1m€1.0m€0.3m€0.2m€0.1m▼ 31.4%
Advances received on contracts in progress46---€0.6m€0----
Taxes, remuneration and social security45---€0.1m€0.001m€0---
Taxes450/3---€0.1m€0.001m€0---
Accrued charges and deferred income492/3---€0.3m€0.3m€0.4m€0.3m€0.3m▲ 13.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.001m€0.003m€0.007m€0.004m-€0.8m-€0.03m€0.03m-€0.1m-
+ Depreciation and write-downs630€0--------
Operating cash flow (approximation)€0.001m€0.003m€0.007m€0.004m-€0.8m-€0.03m€0.03m-€0.1m-
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash-€0.2m€1.8m€0.3m-€1.5m-€0.8m€0.3m-€0.1m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 6,008 companies had the same profile as Senes Construct has now. Two years later, 7.9% had gone bankrupt and 83.0% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% was still going

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Senes Construct itself is lower: 1.2% within 12 months. It rests on far more data about Senes Construct than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 6,008 companies, not a prediction for Senes Construct. 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.

Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 01-06-2026 2026-00141194 PDF
31-12-2024 abbreviated format 02-06-2025 2025-00123868 PDF
31-12-2023 abbreviated format 18-07-2024 2024-00270038 PDF
31-12-2022 abbreviated format 17-07-2023 2023-00252091 PDF
31-12-2021 full format 15-07-2022 2022-20214247 PDF
31-12-2020 full format 16-07-2021 2021-37700474 PDF
31-12-2019 full format 02-09-2020 2020-50800459 PDF
31-12-2018 full format 19-06-2019 2019-21600545 PDF
31-12-2017 full format 28-05-2018 2018-15000193 PDF

Board & ownership

Directors

Directors
6 directors, last change in 2026

Board 6

CUSHFIELD DEVELOPMENT
Class B director · since 30-12-2023 · 5-year term from 2024 · Private limited company · permanent representative: OUASSIF Nordin · listed in the 2025 annual accounts, filed on 01-06-2026
Current
DELEU Nathalie
Class B director · since 30-12-2023 · 5-year term from 2024 · listed in the 2025 annual accounts, filed on 01-06-2026
Current
Kristof VANFLETEREN
Class A director · current term since 30-12-2023 · 5-year term from 2024 · also on the board of 34 other companies · listed in the 2025 annual accounts, filed on 01-06-2026
Current
SHCS NV
Director · current term since 30-12-2023 · Legal entity · permanent representative: Nathalie Deleu Mariotti · listed in the 2025 annual accounts, filed on 01-06-2026
Current
Davy DEMUYNCK
Director · since 01-10-2025 · term until the 2029 general meeting · also on the board of 36 other companies · listed in the 2025 annual accounts, filed on 01-06-2026
Current
The Fund Manager NV
Director · current term since 01-10-2025 · Legal entity · permanent representative: Davy Demuynck · listed in the 2025 annual accounts, filed on 01-06-2026
Current
Permanent representatives 3
Davy Demuynck
Permanent representative · in office according to the act of 06-02-2023 · also on the board of 36 other companies · for The Fund Manager NV
Current
Nathalie Deleu Mariotti
Permanent representative · in office according to the act of 06-02-2023 · for SHCS NV
Current
OUASSIF Nordin
Permanent representative · appointed in the act of 25-01-2024 · for CUSHFIELD DEVELOPMENT
Current

Statutory auditor 1

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Statutory auditor · since 15-05-2024 · permanent representative: CATRY Veerle · listed in the 2025 annual accounts, filed on 01-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De vennootschap wordt regelmatig vertegenwoordigd door hetzij het college van bestuurders handelend als college, hetzij twee (2) bestuurders…”
deed of 25-01-2024

Owners and capital

Shareholders

1 owner

Owners 1

Capital transactions

Capital over time
  1. 25-01-2024 Converted to unavailable equity · €190,000
  2. 25-01-2024 Converted to uncalled contributions · €70,000

Mandate history

12 people, 7 in office
Show
  • Board
  • Statutory auditor
  • began earlier
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
Kristof VANFLETEREN
  • Director, since before 29-06-2022
SHCS NV
  • Director, since before 29-06-2022
The Fund Manager NV
  • Director, since before 29-06-2022
CUSHFIELD DEVELOPMENT
  • Class B director, appointed in the act of 25-01-2024, still in office
DELEU Nathalie
  • Class B director, appointed in the act of 25-01-2024, still in office
Davy DEMUYNCK
  • Director, from 01-10-2025 to date
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Statutory auditor, appointed in the act of 18-06-2025, still in office
Projects & Co
  • Class A director, appointed in the act of 25-01-2024, until 03-02-2026
  • Class A director, appointed in the act of 25-01-2024, no longer listed in the 2025 annual accounts
ION Service Provider
  • Class A director, until 25-01-2024
SMART HEALTCARE CONSULTING
  • Class B director, appointed in the act of 25-01-2024, no longer listed in the 2025 annual accounts
SMART HEALTHCARE CONSULTING SERVICES
  • Class B director, until 25-01-2024
SHC BV
  • Director, from before 29-06-2022, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 4”
“5 jaar, niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering zonder vergoeding”
“Brief of e-mail, 5 werkdagen voor vergadering”
“Minstens 1 A-Bestuurder en minstens 1 B-Bestuurder aanwezig of vertegenwoordigd, gewone meerderheid van stemmen”
“A-Bestuurders hebben doorslaggevende stem en Soort B Aandeelhouder bevestigt middelen voor bijkomende lening zodat totaal bedrag gelijk is…”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Kandidaat-Overdrager kan de andere Aandeelhouder verplichten om alle aangehouden Aandelen Over te Dragen aan de Kandidaat-Overnemer, geheel…”
“Vrije Overdracht”
“Voorgenomen Overdracht, Voorkooprecht”
“Andere Aandeelhouder kan aangehouden Aandelen overdragen aan Kandidaat-Overnemer; Kandidaat-Overnemer verplicht over te nemen, Voorgenomen…”

Articles of association, deed of 25-01-2024 (in Dutch)

Network & group

Companies at the same address

140 other companies

Connections & network

51 connected companies
Linked via shared directors
Show 47 more companies with a shared director
BEAUBOURG PROJECTS
via Davy DEMUYNCK and Kristof VANFLETEREN · Director (not named in the articles)
→
BIB Project
via Davy DEMUYNCK and Kristof VANFLETEREN · Class A director
→
BYGG
via Davy DEMUYNCK and Kristof VANFLETEREN · Gewone niet statutaire bestuurder
→
→
CELIDEE CONSTRUCT
via Davy DEMUYNCK and Kristof VANFLETEREN · Director (not named in the articles)
→
GRAAF LABS
via Davy DEMUYNCK and Kristof VANFLETEREN · Director (not named in the articles)
→
ION
via Davy DEMUYNCK and Kristof VANFLETEREN · Statutory director
→
ION HOLDING
via Davy DEMUYNCK and Kristof VANFLETEREN · Statutory director
→
ION Service Provider
via Davy DEMUYNCK and Kristof VANFLETEREN · Permanent representative
→
JOMA 2060
via Davy DEMUYNCK · Director
→
→
SOKRIFIN
via Kristof VANFLETEREN · Permanent representative
→
SRB-invest
via Davy DEMUYNCK · Director
→
SUIKERPARK
via Davy DEMUYNCK · Permanent representative
→
THE RIGHT TWIN
via Davy DEMUYNCK · Administrateur non statutaire
→
THE WHITE MONKEY
via Davy DEMUYNCK · Permanent representative
→
former→
KBT BELGIUM
via Davy DEMUYNCK · Director
former→
former→
former→
former→
De Tolhuizen Galgenberg
Shared corporate director
→
Gardener
Shared corporate director
→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
01-06
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 60 days before the deadline
03-02
Gazette deed Resignation: Projects & Co BV (director)
Permanent representative: Alexis Spaas · Appointment: Davy Demuynck (director) · Director discharge6 points ▸
  • General meeting, 30-12-2025
  • Director resignation, Projects & Co BV (director)
  • Permanent representative, Alexis Spaas
  • Director discharge, Projects & Co BV (gewezen bestuurder)
  • Director discharge, Projects & Co BV
  • Director appointment, Davy Demuynck (director)

Open the act in the Belgian Official Gazette

2025
18-06
Gazette deed Reappointment: BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES (statutory auditor)
2 points ▸
  • General meeting, 02-04-2025
  • Auditor reappointment, BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES (statutory auditor)

Open the act in the Belgian Official Gazette

02-06
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 59 days before the deadline
2024
31-12
Financial Back to profitnet €31,573
The net result is €31,573, after 2 loss-making years.
18-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 13 days before the deadline
25-01
Gazette deed Resignations: ION Service Provider (class A director) and SMART HEALTCARE CONSULTING SERVICES (class B director)
Permanent representatives: DEMUYNCK Davy, ROGGE Stephanie and 2 others · Appointments: VANFLETEREN Kristof, SMART HEALTCARE CONSULTING and 2 others · Amendment of the articles17 points ▸
  • General meeting, 30-12-2023
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
  • Reserve release, “statutair onbeschikbare eigen vermogensrekening opheffen, middelen beschikbaar maken voor uitkering” (deed in Dutch)
  • Board meeting, “uitvoering van voorgaande beslissingen, Machtiging aan bestuursorgaan” (deed in Dutch)
  • Director resignation, ION Service Provider (class A director)
  • Permanent representative, DEMUYNCK Davy
  • Director resignation, SMART HEALTCARE CONSULTING SERVICES (class B director)
  • Permanent representative, ROGGE Stephanie
  • Director appointment, VANFLETEREN Kristof (class A director)
  • Director appointment, SMART HEALTCARE CONSULTING (class B director)
  • The act holds 5 more points.

Open the act in the Belgian Official Gazette

2023
05-10
Gazette deed Permanent representatives: Nathalie Deleu Mariotti and Stéphanle Rogge
4 points ▸
  • Board meeting, 28-08-2023
  • Permanent representative, Nathalie Deleu Mariotti
  • Permanent representative, Stéphanle Rogge
  • Other provision, “LukB, publication venue” (deed in Dutch)

Open the act in the Belgian Official Gazette

17-07
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 14 days before the deadline
06-02
Gazette deed Reappointments: SHC BV, SHCS NV and 2 others
Permanent representatives: Ouassif Nordin, Nathalie Deleu Mariotti and Davy Demuynck · Power of attorney11 points ▸
  • General meeting, 29-06-2022
  • Director reappointment, SHC BV (director)
  • Permanent representative, Ouassif Nordin
  • Director reappointment, SHCS NV (director)
  • Permanent representative, Nathalie Deleu Mariotti
  • Director reappointment, The Fund Manager NV (director)
  • Permanent representative, Davy Demuynck
  • Director reappointment, Kristof Vanfleteren (director)
  • Power of attorney, Hanne DEKEUKELEIRE
  • Power of attorney, Kelly PATTYN
  • Power of attorney, Hannah DE PAERMENTIER

Open the act in the Belgian Official Gazette

2022
31-12
Financial Weakest financial yearnet -€789,266
The net result drops to -€789,266, the lowest from 2018 to 2025. It recovers the following year.
15-07
NBB filing Annual accounts 2021 filedPDF
full format · 16 days before the deadline
Show earlier events
2021
16-07
NBB filing Annual accounts 2020 filedPDF
full format · 15 days before the deadline
2020
02-09
NBB filing Annual accounts 2019 filedPDF
full format · 33 days late
2019
19-06
NBB filing Annual accounts 2018 filedPDF
full format · 42 days before the deadline
2018
28-05
NBB filing Annual accounts 2017 filedPDF
full format · 64 days before the deadline
2016
02-12
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Senes Construct was incorporated on 30 November 2016.1 Total assets fell from €2.3m in 2018 to €330,756 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name Senes Construct in Dutch
Enterprise number 0666.821.253
Legal form Private limited company
Status Active, normale toestand
Founded 30-11-2016
Entity type Legal entity

Registered office and establishments

Registered office Vredestraat 53, 8790 Waregem, Belgium
Establishment unit Senes Construct, Vredestraat 53, 8790 Waregem since 30-11-2016 · unit number 2.259.417.33742990 Civil engineering

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
Codes under NACEBEL 2008
41201 General construction of buildings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De omschrijving van het voorwerp van de vennootschap: De vennootschap heeft tot voorwerp, in de meest ruime zin, vastgoedprojecten te…”
Text of the purpose

“De omschrijving van het voorwerp van de vennootschap: De vennootschap heeft tot voorwerp, in de meest ruime zin, vastgoedprojecten te realiseren. De vennootschap kan, zowel in België als in het buiten-land, om het even welke handels-, financiële, industriële, roerende of onroerende en andere ver-rich-tingen uitvoeren, die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk, de verwezenlijking van het voorwerp van de ven-nootschap in de hand werken of met de verwezenlijking ervan verband houden. De vennootschap kan in het kader van haar voorwerp optreden in investeringsverrichtin-gen onder om het even welke vorm, met inbegrip van het inte-kenen en het verhandelen van aandelen, obligaties, kas-bons en andere roerende waarden, het toe-staan van lenin-gen, zij kan kredieten verlenen of doen verlenen, voorschotten toestaan, zich borg stellen of haar aval verle-nen of persoon-lijke en zakelijke waarborgen doen verstrekken, zij kan zich bezighouden met het aankopen, verkopen, of op een andere manier beheren van haar investeringen. De vennootschap kan alle mandaten, ambten en func-ties uitoefenen en alle beheersopdrachten waarne-men in de meest ruime zin, welke rechtstreeks of onrechtstreeks met haar doelstellingen verband hou-den, optreden als tussenpersoon, correspondent, man-dataris, agent of vertegenwoordiger, advie-zen verle-nen van juridische, econo-mische, technische, boek-houdkundige aard en alle diensten of bij-stand verlenen inzake investeringen, financieringen, beheer en administratie. Zij kan door middel van inschrijving, inbreng, fusie, opslorping, financiële tussenkomst of aanspraak deelnemen in andere Belgi-sche of buitenlandse vennootschappen, instel-lingen of ondernemingen, zonder onderscheid, ongeacht of het voorwerp gelijk, verwant, verknocht of analoog is aan het hare of waarvan de deelname of samen-werking kan bijdragen tot de verwezenlijking van haar voorwerp; zij kan om alle brevetten, licenties en vergunnin-gen solliciteren of deze aankopen, overdra-gen en uitba-ten en alle genotsrechten ter zake toe-staan. Deze opsomming is niet beperkend, zodat de ven-noot-schap alle handelingen kan stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp. Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen. De vennootschap kan zowel tot waarborg van eigen verbin-tenissen als tot waar-borg van verbintenissen van derden borg stel-len, onder meer door haar goederen in hypotheek of in pand te geven. De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrecht-streeks verband met haar voorwerp of die van aard zouden zijn de verwezenlij-king ervan geheel of ten dele te vergemakkelijken. De plaats, de dag en het uur van de jaarvergadering, alsook de voorwaarden voor de toelating tot de vergadering en voor de uitoefening van het stemrecht: Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel of op elke andere plaats vermeld in de oproeping, de derde dinsdag van de maand mei om dertien uur.”

deed of 25-01-2024 (in Dutch)

Invoicing and payment

VAT number BE 0666.821.253
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0666821253
Other Peppol ID 9925:BE0666821253

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0666.821.253

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of May at 13:00
deed of 25-01-2024 (in Dutch)

Environmental permits

3 applications in Flanders since 2018 · 2 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Not legally valid on 25-07-2023submitted 18-07-2023Notificationauthority: Sint-Pieters-Leeuwproject 2020083363
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Granted on 16-10-2023submitted 14-07-2023authority: Sint-Pieters-Leeuwproject 2023062195
Bouwen of herbouwen
Granted on 19-11-2018submitted 19-09-2018authority: Sint-Pieters-Leeuwproject 2018107378

Source: Omgevingsloket Vlaanderen.

Sites & property

Location
registered office establishment The establishment unit on the map
141 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1.1 ha
Building footprint
581 m²
Building volume
520 m³
Cadastral parcel Region Area Buildings Height / floors
34452B1150/00A000 Flanders 1.1 ha 1 · 581 m² 5.1 m