Equity
-€60,531
Debts exceed assets in financial year 2025.
SETTIMMO
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1993peak €32,329 (2010)
-€1,349▲ €1,966
lowest -€50,099 (2006)
-€6,103▲ €1,935
peak €1.1m (2006)
-€60,531▼ €6,104
€130,099▲ 2.4%
Board4 names since 2019
3 directors and 2 others
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Gross margin from -€3,315 to -€1,349Loss of €6,103
Key points
from the 2025 annual accountsLosses
-€97,194 in 14 years
Every financial year from 2012 to 2025 closed with a loss. 2019 was the heaviest.
Debts
€130,099 187% of the balance sheet
2026 accounts not filed, 12 days past the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,792 companies had the same profile as SETTIMMO has now. Each dot stands for 7 companies, two years later.
90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,792 companies, not a prediction for SETTIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 28-12-2023
Director, since 28-12-2023
Recent changes
2 directors appointed, 1 resignation, 1 reappointment
Capital from BEF 5,000,000 to BEF 50,229,000 · Capital after the decrease: €62,000 · Resignation: · General meeting of 18-12-2023 · Gazette deed
2 directors appointed, 1 reappointment
Reappointment: · Appointments: and (managing director) · General meeting of 12-01-2021 · Gazette deed
First establishment
Haachtstraat 95, Herent
Incorporation
published on 23-05-1992 · Gazette deed
Official details
Source: KBO- Status
- Active since 22-04-1992Normal situation
- Activity
- “Achat,vente,importation,exportation,administration,promotion,la construction,traitement,exploitation,pour soi-même ou pour compte de tiers,des biens mobiliers ou immobiliers,des terrains,appartements,flat,maisons,matériel industriel,matériaux…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.057.638.0363020 Herent, since 19-10-1998
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Insights on SETTIMMO
SETTIMMO files the micro format. That format states no turnover. The gross margin rose from -€6,276 in 2006 to -€1,349 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SETTIMMO
- What is the company number of SETTIMMO?
- The company number of SETTIMMO is 0447.329.653. The VAT number is the same number with BE in front: BE 0447.329.653.
- Where is SETTIMMO based?
- The registered office is at Rue de Marbaix 1, 6534 Thuin.Company details
- What is the legal form of SETTIMMO?
- SETTIMMO is a public limited company (NV).
- When was SETTIMMO founded?
- SETTIMMO was founded on 22-04-1992.
- Is SETTIMMO still active?
- Yes, SETTIMMO is an active enterprise in the KBO register.
- What is the turnover of SETTIMMO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SETTIMMO profitable?
- In financial year 2025, SETTIMMO made a loss of €6,103.
- Where can I find the annual accounts of SETTIMMO?
- SETTIMMO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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