Financials
- Fiscal year
- 2025
- Total assets
- €639,046
- Loss
- -€8,798
- Solvency
- 62.9%
Total assets▼ 3.5%
Net result
20182025
Sepa
ActiveSummary
Sepa has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €402,195 and a net result of -€8,798. Equity remains stable across the filed fiscal years (±2.5% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Activity not known1 site
Size
€639,046total assets 2025
- Equity
- €402,195
- Loss
- -€8,798
Turnover not published (abridged schema)
Structure
Accounts 50 d early0 of 3 deeds read
Why 82- Liquidity: current ratio 0.00, cash €185, halved- No main activity registered+ Size: total assets €639,046+ Founded in 1982Show the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Better than 33% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
88+1
equity 62.9% of total assets
Liquidity
33=
short-term debt 37.1% · cash 0.0%
Profitability
34-1
return on assets -1.4%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 0.2%lowest value
07-2026: 0.4%▲ +77.9% vs 06-2026highest value
08-2026: 0.4%● 0.0% vs 07-2026highest value
09-2026: 0.4%● 0.0% vs 08-2026highest value
10-2026: 0.4%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 0.00, cash €185, halved raises the probability
- Size: total assets €639,046 lowers the probability for this profile
- No main activity registered raises the probability
- Founded in 1982 lowers the probability for this profile
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 37.1% and cash: 0% of total assets), and 37.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 53%, liquidity 18%, profitability 24%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
49 d early
2023
42 d early
2022
45 d early
2021
30 d early
2020
45 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 10
- Since
- 2017
- Next accounts
- by 31-07-2027
- 11-06-2026Annual accounts filed
- 12-06-2025Annual accounts filed
- 19-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 16-12-1982
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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