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SETESCO Structural Engineers

Active
Public limited companyfounded 1967active for 59 yearsLouizalaan 251, 1050 Elsene, Belgium284 active companies are registered at this addressKBO/BCE: BE 0400.524.282
Summary

SETESCO Structural Engineers has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180,625 and a net result of -€74,549. Equity is shrinking by about 13% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 46% of 883 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

History

SETESCO Structural Engineers was incorporated on 1 January 1967.1 Since 2024 the company has been called SETESCO Structural Engineers.2 Turnover fell from €1.4m in 2018 to €1.2m in 2022 and headcount from 7.4 full-time equivalents in 2018 to 7.3 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-01-2024
  3. 3National Bank, annual accounts 2018, 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · full format · 31 days late
2025
25-09
NBB filing Annual accounts filed
financial year 2024 · full format · 56 days late
2024
31-12
Financial Back to profitnet €85,220
Net result €85,220 after 2 loss-making years.
30-08
NBB filing Annual accounts filed
financial year 2023 · full format · 30 days late
18-01
Gazette deed Name
Name change · Amendment of the articles · Capital10 facts ▸
  • Name change, SETESCO Structural Engineers
  • Amendment of the articles (2 times)
  • Other provision, “absence de rapport article 7:154 CSA, article 7:154 du Code des sociétés et des associations” (deed in Dutch)
  • Capital, €61,973.38
  • Founding capital, “FRF 1.000.000” (deed in Dutch)
  • Capital increase, “FRF 1.250.000” (deed in Dutch) (2 times)
  • Capital decrease, “FRF 1.000.000” (deed in Dutch)
  • Capital conversion, 61973.38, EUR
  • Registered office clause, “Région de Bruxelles-Capitale, maintenu” (deed in Dutch)
  • Power of attorney
2023
31-12
Financial Weakest financial yearnet -€269,215
Net result drops to -€269,215, the lowest in the series; recovery starts the following year.
09-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-05
NBB filing Annual accounts filed
financial year 2021 · full format
2021
16-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
04-06
NBB filing Annual accounts filed
financial year 2019 · full format
2019
01-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
15-06
NBB filing Annual accounts filed
financial year 2017 · full format
2017
22-05
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials. An act published in both Dutch and French appears here once.
2 of 9 deeds read
About the unread acts

Of the 9 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

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