SEPCATEC
ActiveSEPCATEC has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6k and a net result of €44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 563 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+11
Solvency30▼-34
Growth58▲+6
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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
4.9%
Return on assets
34.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 563 sector peers (2024).
NBB · sector comparisonPosition among 563 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-03-2025, 129 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
129 d early
2023
43 d early
2022
31 d early
2021
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€6k▼ 88.2%
2023 · €52k
2021: €33k
2022: €81k
2023: €52k
2021 → 2024
Total assets
€127k▼ 5.9%
2023 · €135k
2021: €92k
2022: €149k
2023: €135k
2021 → 2024
Net result
€44k▲ 97.4%
2023 · €22k
2021: €27k
2022: €48k
2023: €22k
2021 → 2024
Working capital
€-4k
2023 · €28k
2021: €14k
2022: €59k
2023: €28k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€33k-€81k▲ 147%€52k▼ 35.5%€6k▼ 88.2%
Operating result€30k-€61k▲ 101%€32k▼ 48.0%€59k▲ 86.2%
Net result€27k-€48k▲ 80.5%€22k▼ 54.3%€44k▲ 97.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 86% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €127k
Fixed assets
€15k▼ 60.7%
Current assets
€112k▲ 15.1%
Equity and liabilities €127k
Equity
€6k▼ 88.2%
Debt
€121k▲ 46.4%
The debt ratio rises from 61.1% to 95.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▲
2023 · €46k
Cash flow
€53k▲
2023 · €36k
Solvency
4.9%▼
2023 · 38.9%
Current ratio
0.97▼
2023 · 1.40
Quick ratio
0.97▼
2023 · 1.40
Debt / equity
19.48▲
2023 · 1.57
ROE
703.9%▲
2023 · 42.2%
ROA
34.4%▲
2023 · 16.4%
Interest coverage
36.13▲
2023 · 15.37
Debt
€121k▲
2023 · €82k
Debt ≤ 1 year
€116k▲
2023 · €70k
Debt > 1 year
€5k▼
2023 · €13k
Income taxes
€16k▲
2023 · €7k
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€135k€127k▼
Fixed assets21/28€37k€15k▼
Tangible fixed assets22/27€37k€15k▼
Plant, machinery and equipment23€3k€934▼
Furniture and vehicles24€34k€14k▼
Current assets29/58€98k€112k▲
Amounts receivable within one year40/41€54k€58k▲
Trade receivables40€14k€18k▲
Other amounts receivable41€41k€40k▼
Cash at bank and in hand54/58€43k€52k▲
Deferred charges and accrued income490/1€152€2k▲
Equity and liabilities
Total equity and liabilities10/49€135k€127k▼
Equity10/15€52k€6k▼
Contributions10/11€6k€6k=
Reserves13€46k-
Distributable reserves133€46k-
Amounts payable17/49€82k€121k▲
Amounts payable after more than one year17€13k€5k▼
Financial debts170/4€13k€5k▼
Amounts payable within one year42/48€70k€116k▲
Current portion of amounts payable after more than one year42€8k€11k▲
Trade debts44€3k€11k▲
Suppliers440/4€3k€11k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k-
Remuneration and social security454/9-€4k
Other amounts payable47/48€51k€90k▲
Income statement
Code20232024
Non-recurring operating income76A-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€9k▼
Other operating charges640/8€703€7k▲
Gross operating margin9900€46k€75k▲
Operating profit (loss)9901€32k€59k▲
Financial income75/76B€318€2k▲
Recurring financial income75€318€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€29k€60k▲
Income taxes67/77€7k€16k▲
Profit (loss) for the period9904€22k€44k▲
Profit (loss) for the period to be appropriated9905€22k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€44k▲
Transfer from equity791/2€29k€46k▲
Profit to be distributed694/7€51k€90k▲
Return on contributions (dividend)694€51k€90k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €22k ▼54.3%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2021net €48k ▲80.5%
Operating result €61k, net result €48k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2020
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.
Laar 283980 Tessenderlo-HamGround area
930 m²
Building footprint
178 m²
Volume, LiDAR
1,164 m³
Parcel 71057A1004/00T000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEPCATEC
since 20202.311.562.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A1004/00T000 | Flanders | 930 m² | 1 · 178 m² | 9.1 m · 2 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
REACH Orphan Substances Consortium
BE 0630.838.609
Vosselaar · Eq €6k
FORMALYS
BE 0802.436.458
Comines-Warneton · Eq €6k
Alma Terra
BE 0812.170.310
Ukkel · Eq €6k
Jabba Consulting
BE 0788.306.825
Schilde · Eq €6k
CERTIFAS
BE 0803.285.110
Oudenaarde · Eq €6k
Of 4,563 companies in sector 74999 we hold annual accounts for 1,938. 800 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2020
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
70210Activities of head offices; management consultancy activities
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
81100Combined facilities support activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.