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Complete company report
Generated 22-08-2026
Active BE 0794.327.753Private limited companyOpen bankruptcy

SESA COMPANY

· 3 yrs active
Conclusion Checked

A bankruptcy procedure is open for SESA COMPANY according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €78k and a net result of €68k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €78k
Net result €68k
Staff (FTE) 6.4
Active 3 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health0Profitability100Solvency9Growth-Stability0
27 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 100
Solvency 9
Growth -
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Address struck
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 06-05-2024 with the NBB · fiscal year 2023 · verkort
Fiscal year2023
Depositverkort
Revenue-
EBITDA€154k
Net profit€68k
Cash flow€98k
Staff costs€238k
Income taxes€19k
Dividends-
Total assets€593k
Equity€78k
Debt€515k
of which ≤ 1y€515k
of which > 1y-
Working capital€-297k
Employees (FTE)6.4
Ratios (computed)
2023
Current ratio0.42
Quick ratio0.42
Working capital ratio-50.2%
Solvency13.1%
Debt / equity6.63
Long-term debt ratio-
Interest coverage4.09
Gross margin-
Net margin-
ROA11.4%
ROE87.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€593k
Fixed assets 21/28€375k
Tangible fixed assets 22/27€360k
Financial fixed assets 28€15k
Current assets 29/58€218k
Amounts receivable within one year 40/41€218k
Cash & bank 54/58€73
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€593k
Equity 10/15€78k
Contributions / capital 10/11€10k
Reserves 13€68k
Accumulated profits (losses) 14€0
Amounts payable 17/49€515k
Amounts payable within one year 42/48€515k
Trade debts payable within one year 44€454k
Income statement
Gross operating margin 9900€415k
Operating result 9901€123k
Financial income 75€538
Financial charges 65€38k
Result before taxes 9903€86k
Income taxes 67/77€19k
Net result for the period 9904€68k
Result to be appropriated 9905€68k
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Selcuk Sari
    Director
    State Gazette act 23034737 (10-03-2023)
    Current
    01-03-2023 → present
Former directors (1)
  • Heybet Sari
    Director
    State Gazette act 23034737 (10-03-2023)
    Former
    - → 10-03-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator Jos MOMBAERS
LAKENSESTRAAT 154 B11, 1000 BRUSSEL 1
 10-06-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation02-12-2022
StatusActive
Postal code-
First BS signal 18-06-2025
Latest BS signal 18-06-2025
Establishment units 1 location
SESA COMPANY
Schouwingstraat 43, 9032 GentBouw van autowegen, straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails)
since 20222.343.575.428
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
44074C0509/00S000 Flanders 8,201 m² 1 · 245 m² 15.1 m · 4 fl.
21306C0130/00E000 Brussels 2,640 m² 1 · 1,480 m² 47.3 m · 14 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
18-06-2025
Bankruptcy Opening
Ondernemingsrechtbank Brussel · SESA COMPANY BV BERGEN- SESTEENWEG 814A/3B, 1070 BRUSSEL 7 · event 10-06-2025
23-05-2025
KBO administration Address struck
2024
06-05-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
10-03-2023
State Gazette act Director changes
Lifecycle & Insolvency Signals2 events
18-06-2025
Bankruptcy Opening
Date: 10-06-2025 · Ondernemingsrechtbank Brussel · SESA COMPANY BV BERGEN- SESTEENWEG 814A/3B, 1070 BRUSSEL 7 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 23-05-2025 to 10-06-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-05-23 · KBO administration · Address struck2025-06-18 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
10-03-2023 1 director appointed, 1 resigning Director changes
  • Selcuk Sari, Bestuurder
  • Heybet Sari, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Heybet Sari",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": "84.06.05.069-35",
        "name": "Selcuk Sari",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-03-01",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2023-03-01"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-03-01",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2023-02-23",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0794.327.753",
    "name_full": "SESA COMPANY",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Selcuk Sari",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL SESA COMPANY
Registration history
  1. 23-05-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative