SES
ActiveSummary
For SES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €151k and a net result of €13k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 7374 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability76▼-5
Solvency90▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2023Solvency, return and age of the figures
Solvency
64.8%
Return on assets
5.5%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-09-2024, 44 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
not filed
2023
44 d late
2022
31 d late
2021
31 d early
2020
88 d late
2018
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€151k▲ 9.3%
2022 · €139k
2018: €31k
2020: €96k
2021: €119k
2022: €139k
2018 → 2023
Total assets
€234k▲ 15.8%
2022 · €202k
2018: €46k
2020: €118k
2021: €137k
2022: €202k
2018 → 2023
Net result
€13k▼ 33.1%
2022 · €19k
2018: €4k
2020: €43k
2021: €23k
2022: €19k
2018 → 2023
Working capital
€120k▲ 2.4%
2022 · €117k
2018: €33k
2020: €90k
2021: €106k
2022: €117k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182020202120222023Trend
Equity€31k-€96k▲ 207%€119k▲ 24.2%€139k▲ 16.1%€151k▲ 9.3%
Operating result€1k-€60k▲ 4,328%€47k▼ 22.0%€32k▼ 31.4%€27k▼ 14.5%
Net result€4k-€43k▲ 949%€23k▼ 45.7%€19k▼ 17.3%€13k▼ 33.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2023 is 14% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €234k
Fixed assets
€47k ▲ 2.7%
Current assets
€186k ▲ 19.6%
Equity and liabilities €234k
Equity
€151k ▲ 9.3%
Debt
€82k ▲ 30.0%
Debt's share of the balance-sheet total rises from 31.3% to 35.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2022 · €38k
Cash flow
€26k▲
2022 · €26k
Current ratio
2.80▼
2022 · 4.03
Debt to equity
0.54▲
2022 · 0.46
ROE
8.5%▼
2022 · 13.9%
ROA
5.5%▼
2022 · 9.5%
Interest coverage
10.15▼
2022 · 28.99
Debt ≤ 1 year
€66k▲
2022 · €39k
Debt > 1 year
€16k▼
2022 · €21k
Income taxes
€11k▼
2022 · €12k
Staff costs
€32k▲
2022 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 52 lines
Balance sheet
Code20222023
Assets
Total assets20/58€202k€234k▲
Fixed assets21/28€46k€47k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€41k€42k▲
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€31k€34k▲
Financial fixed assets28€5k€5k=
Current assets29/58€156k€186k▲
Amounts receivable after more than one year29€88k€88k=
Trade receivables290€88k€88k=
Amounts receivable within one year40/41€12k€24k▲
Trade receivables40-€0
Other amounts receivable41€12k€24k▲
Cash at bank and in hand54/58€52k€74k▲
Deferred charges and accrued income490/1€4k€87▼
Equity and liabilities
Total equity and liabilities10/49€202k€234k▲
Equity10/15€139k€151k▲
Contributions10/11€19k€19k=
Reserves13€84k€97k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€82k€95k▲
Profit (loss) carried forward14€36k€36k▲
Amounts payable17/49€63k€82k▲
Amounts payable after more than one year17€21k€16k▼
Financial debts170/4€21k€16k▼
Amounts payable within one year42/48€39k€66k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€3k€20k▲
Suppliers440/4€3k€20k▲
Taxes, remuneration and social security45€30k€41k▲
Taxes450/3€28k€39k▲
Remuneration and social security454/9€2k€3k▲
Accrued charges and deferred income492/3€4k-
Income statement
Code20222023
Remuneration, social security and pensions62€29k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k▲
Other operating charges640/8€14k€11k▼
Gross operating margin9900€81k€83k▲
Operating profit (loss)9901€32k€27k▼
Financial income75/76B€50€13▼
Recurring financial income75€50€13▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€31k€23k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€19k€13k▼
Profit (loss) for the period to be appropriated9905€19k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€49k▼
Profit (loss) brought forward from the previous period14P€36k€36k▲
Transfer to equity691/2€19k€13k▼
To other reserves6921€19k€13k▼
Social balance
Average headcount (FTE)9087-1.0
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
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 44 days late
2023
31-12
Financial
Equity above €150kEq €151k ▲9.3%
5 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €119k ▲24.2%
3 profitable years in a row build equity to €119k.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Highest result since 2018net €43k ▲949%
Operating result €60k, net result €43k, both a record.
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 87 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 275 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
14-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are 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, Putte · 1 establishment unit since 2010
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.
Lierbaan 532580 PutteGround area
1,505 m²
Building footprint
414 m²
Volume, LiDAR
199 m³
Parcel 12029A0699/00Z003, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CESARS PIZZERIA
since 20102.187.759.378
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029A0699/00Z003 | Flanders | 1,505 m² | 1 · 414 m² | 12.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePutte2.187.759.378
Similar companies · same sector, comparable size
B & B WORKS
BE 0835.160.991
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Inter Belgium Security
BE 0426.405.367
Grez-Doiceau · Eq €151,237
KALKEO
BE 0721.609.031
Kraainem · Eq €151,814
DISTRINOX BELUX
BE 0803.363.797
Wavre · Eq €152,125
J TECHNICS
BE 0477.022.145
Beveren-Kruibeke-Zwijndrecht · Eq €152,199
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.