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SETTIMMO

Active Public limited companyfounded 1992active for 34 yearsRue de Marbaix 1, 6534 ThuinKBO/BCE: BE 0447.329.653

Overview

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1993
peak €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 accounts

Equity

-€60,531
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€97,194 in 14 years
201320152017-18,104201920212023-6,1032025

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
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 28-12-2023
Director, since 28-12-2023
Board & ownership

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
All 39 events

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
Company details

Annual accounts to 31-03-2025

-€1,349▲ 59.3%
€6,103▼ 24.1%
-€60,531▼ 11.2%
€69,568▼ 4.1%
Filing
Filed on 31-10-2025
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 31-10-2025, on the day of the deadline
-€1,349
▲ €1,966
-€6,090
▲ €1,924
-€6,103
▲ €1,935
-€128,796
▼ €3,507
-87.0%
▼ 12.0 percentage points
0.01
▼ 0.00

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €69,568 on 31-03-2025
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920086 months2006
Balance sheet: assets
20/58 69,56872,56576,80480,46986,22492,86599,488117,539124,374130,789137,164213,378216,020222,095334,839406,207382,3511.1m1.1m
21/28 68,26570,86273,46076,05778,65581,25383,850106,231108,829111,426114,025116,622139,003141,601134,159279,702282,406287,3421.1m
22/27 68,26570,86273,46076,05778,65581,25383,850106,231108,829111,426114,025116,622139,003141,601134,159279,702282,406287,3421.1m
22 68,26570,86273,46076,05778,65581,25383,850106,231108,829111,426114,025116,622139,003141,601134,159277,470282,406287,3421.1m
26 ---------------2,232---
29/58 1,3031,7033,3444,4127,56911,61215,63811,30815,54519,36323,13996,75677,01780,494200,680126,50599,945793,35220,391
40/41 ------22-23116951004252272,8932,82521,46517,843
41 ------22-23116951004252272,8932,82521,46517,843
50/53 1,1301,5092,9094,4126,5056,5056,5066,5076,5036,4986,48571,38474,84678,165172,045110,87360,489761,887-
54/58 173194435-1,0645,1079,1304,7999,04212,84216,53825,2772,0711,90428,40812,73936,63110,0002,548
Balance sheet: equity and liabilities
10/49 69,56872,56576,80480,46986,22492,86599,488117,539124,374130,789137,164213,378216,020222,095334,839406,207382,3511.1m1.1m
10/15 -60,531-54,427-46,389-40,486-34,353-27,712-21,087-2,9833,69610,26716,64122,85525,49731,58036,664371,809347,8121.0m1.1m
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000544,985544,9851.2m1.2m
10 62,00062,00062,00062,000---------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000544,985544,9851.2m1.2m
13 74747474747474747474747474747474747474
130/1 747474747474-------------
130 74747474747474747474747474747474747474
14 -122,605-116,501-108,463-102,560-96,427-89,786-83,161-65,057-58,378-51,807-45,433-39,219-36,577-30,494-25,410-173,250-197,247-199,593-165,906
17/49 130,099126,992123,193120,955120,577120,577120,575120,522120,678120,522120,523190,523190,523190,515298,17534,39834,53935,06923,682
42/48 130,099126,992123,193120,955120,577120,577120,575120,522120,678120,522120,523190,523190,523190,515298,17534,39834,53935,06923,682
43 ---379---------------
439 ---379---------------
44 --94654545453-156-----8,115782191,1891,709
440/4 --94654545453-156-----8,115782191,1891,709
47/48 130,099126,992122,247120,522120,523120,523120,522120,522120,522120,522120,523190,523190,523190,515290,06034,32034,32033,88021,973
Income statement
76A -----------5,217-3,000182,564----
9900 -1,349-3,315-1,317-1,513-1,999-2,024-2,303-1,919-1,790-1,653-1,618-3,396-1,783-4,423-29,96532,329-3,617-3,930-6,276
60/61 ------------------6,276
630 2,5972,5982,5972,5982,5982,5972,5982,5982,5972,5992,5972,5972,5982,5972,2975,1844,9364,93618,957
631/4 ------------------14,868
640/8 2,1442,1011,9622,0021,9941,9592,1042,1292,1392,0982,0982,4662,4702,3963,9383,5778,07610,4059,923
66A ------11,056----------38,367-
9901 -6,090-8,014-5,876-6,113-6,591-6,580-18,061-6,646-6,526-6,350-6,313-8,459-6,851-9,416-36,20023,568-16,629-19,271-50,024
75/76B 11------77151326338021,3651,51551819,10924,14613
75 11------77151326338021,3651,51551819,10924,14613
65/66B 2424272050434340283933333433398913419588
65 2424272050434340283933333433398913419588
9903 -6,103-8,038-5,903-6,133-6,641-6,623-18,104-6,679-6,547-6,374-6,214-2,642-6,083-5,084147,84023,9972,346-33,687-50,099
67/77 -----2--24----------
9904 -6,103-8,038-5,903-6,133-6,641-6,625-18,104-6,679-6,571-6,374-6,214-2,642-6,083-5,084147,84023,9972,346-33,687-50,099
9905 -6,103-8,038-5,903-6,133-6,641-6,625-18,104-6,679-6,571-6,374-6,214-2,642-6,083-5,084147,84023,9972,346-33,687-50,099
Appropriation of the result
9906 -122,605-116,501-108,463-102,560-96,427-89,786-83,161-65,057-58,378-51,807-45,433-39,219-36,577-30,494-25,410-173,250-197,247-199,593-165,906
14P -116,502-108,463-102,560-96,427---------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2025 micro format 31-10-2025 2025-00559566 PDF
31-03-2024 micro format 05-11-2024 2024-00528532 PDF
31-03-2023 micro format 09-11-2023 2023-00512133 PDF
31-03-2022 micro format 15-11-2022 2022-20521224 PDF
31-03-2021 micro format 24-11-2021 2021-78100293 PDF
31-03-2020 micro format 11-02-2021 2021-05200389 PDF
31-03-2019 micro format 29-11-2019 2019-74900022 PDF
31-03-2018 micro format 27-11-2018 2018-72900601 PDF
31-03-2017 micro format 16-11-2017 2017-69800091 PDF
31-03-2016 full format 22-11-2016 2016-68200409 PDF
31-03-2015 full format 21-09-2015 2015-59200591 PDF
31-03-2014 full format 29-10-2014 2014-65800357 PDF
31-03-2013 full format 07-10-2013 2013-62300317 PDF
31-03-2012 full format 10-10-2012 2012-60700194 PDF
31-03-2011 full format 29-09-2011 2011-56200457 PDF
31-03-2010 full format 26-11-2010 2010-61500203 PDF
31-03-2009 abbreviated format 27-10-2009 2009-82700366 PDF
31-03-2008 abbreviated format 28-11-2008 2008-83100343 PDF
30-09-2006 abbreviated format 24-05-2007 2007-16000368 PDF
30-09-2005 abbreviated format 10-05-2006 2006-13803558 PDF
30-09-2004 abbreviated format 22-03-2005 2005-08402823 PDF
30-09-2003 abbreviated format 19-03-2004 2004-07802664 PDF
30-09-2002 abbreviated format 31-03-2003 2003-09305053 PDF
30-09-2001 abbreviated format 27-03-2002 2002-07800462 PDF
30-09-2000 abbreviated format 07-03-2001 2001-05803599 PDF
30-09-1999 abbreviated format 08-03-2000 2000-05501042 PDF
30-09-1998 abbreviated format 02-03-1999 1999-04001738 PDF
30-09-1997 abbreviated format 19-03-1998 1998-04800625 PDF
30-09-1996 abbreviated format 17-03-1997 1997-03601814 PDF
30-09-1995 abbreviated format 26-02-1996 1996-02900013 PDF
30-09-1994 abbreviated format 23-03-1995 1995-04401080 PDF
30-09-1993 abbreviated format 28-03-1994 1994-04902992 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920086 months2006
-3,493-5,416-3,279-3,515-3,993-3,983-15,463-4,048-3,929-3,751-3,716-5,862-4,253-6,819-33,90328,752-11,693-14,335-31,067
-3,506-5,440-3,306-3,535-4,043-4,028-15,506-4,081-3,974-3,775-3,617-45-3,485-2,487150,13729,1817,282-28,751-31,142
000000-19,7830000-19,784010,039-143,2462,4800--
-21-241---4,043-4,0234,331-4,243-3,800-3,696-8,73923,206167-26,50415,669-23,89226,631--
-128,796-125,289-119,849-116,543-113,008-108,965-104,937-109,214-105,133-101,159-97,384-93,767-113,506-110,021-97,49592,10765,406758,283-3,291
-87.0%-75.0%-60.4%-50.3%-39.8%-29.8%-21.2%-2.5%3.0%7.9%12.1%10.7%11.8%14.2%10.9%91.5%91.0%96.8%97.9%
0.010.010.030.040.060.100.130.090.130.160.190.510.400.420.673.682.8922.620.86
--------32.6511.747.248.347.476.038.130.090.100.030.02
---------177.8%-62.1%-37.3%-11.6%-23.9%-16.1%403.2%6.5%0.7%-3.2%-4.6%
-8.8%-11.1%-7.7%-7.6%-7.7%-7.1%-18.2%-5.7%-5.3%-4.9%-4.5%-1.2%-2.8%-2.3%44.2%5.9%0.6%-3.1%-4.5%
-145.54-225.67-121.44-175.75---------------
------------------99 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on SETTIMMO

The operating result for 2025 is a loss of €6,090, smaller than the loss of €8,014 in 2024.

Equity is negative. Debt (€130,099) exceeds the balance-sheet total (€69,568).

Board & ownership

Board

3 directors, 1 in day-to-day management, last change in 2024
Director and managing director
director current term since 28-12-2023 managing director appointed by deed of 09-02-2021 term until 28-12-2029
listed in the 2025 annual accounts, filed on 31-10-2025
Director
since 28-12-2023 term until 28-12-2029
listed in the 2025 annual accounts, filed on 31-10-2025
Director
since 28-12-2023 term until 28-12-2029
listed in the 2025 annual accounts, filed on 31-10-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 21 : Représentation de la société Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils…”
deed of 02-01-2024

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Director, Managing director

Director

Director

Director
LeadershipBoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
    • Director, since before 23-07-2019
    • Managing director, appointed by deed of 09-02-2021, still in office
    • Director, from 28-12-2023 to date
    • Director, from 28-12-2023 to date
    • Director, appointed by deed of 09-02-2021, until 02-01-2024

See the board, name and registered office on a given date →

Control

Capital

Capital
€62,000
Shares
5,000
Contribution per share
€12.40
Equity per share
-€12.11 in 2025
Source
2025 annual accounts

Articles of association

deed of 02-01-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of September at 19:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Sauf si assemblée générale en décide autrement à la majorité des voix, toutes les opérations prévues par la loi”

Capital transactions

Capital over time
  1. 02-01-2024 Incorporation · BEF 5,000,000 · 5,000 shares
  2. 02-01-2024 Capital increase of BEF 45,229,000 · to BEF 50,229,000 · in kind
  3. 02-01-2024 Capital reduction of €700,159.73
  4. 02-01-2024 Capital reduction of €482,984.65 · to €62,000

Network & group

No group

SETTIMMO has no parent and no holdings in its annual accounts. SETTIMMO shares no director with another company.

Timeline

Timeline

39 events since 1992
2025
Annual accounts 2025 filed PDFmicro format · on the deadline day
2024
Annual accounts 2024 filed PDFmicro format · 5 days late
2 directors appointed, 1 resignation, 1 reappointmentCapital from BEF 5,000,000 to BEF 50,229,000 · Capital after the decrease: €62,000 · Resignation: · General meeting of 18-12-202312 points ▸
  • General meeting, 18-12-2023
  • Capital, €62,000, 50,229 shares
  • Founding capital, BEF 5.000.000, 5,000 shares
  • Capital increase, BEF 45.229.000
  • Capital conversion, 27-09-2007
  • Capital decrease, €700,159.73
  • Capital decrease, €482,984.65
  • Registered office clause, rue de Marbaix 1, 6534 Gozée
  • Director resignation,
  • Director reappointment, (managing director)
  • Director appointment,
  • Director appointment,
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2023 filed PDFmicro format · 9 days late
2022
Annual accounts 2022 filed PDFmicro format · 15 days late
2021
Annual accounts 2021 filed PDFmicro format · 24 days late
Annual accounts 2020 filed PDFmicro format · 103 days late
2 directors appointed, 1 reappointmentReappointment: · Appointments: and (managing director) · General meeting of 12-01-20214 points ▸
  • General meeting, 12-01-2021
  • Director reappointment,
  • Director appointment,
  • Director appointment, (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2019 filed PDFmicro format · 29 days late
2018
Annual accounts 2018 filed PDFmicro format · 27 days late
2017
Annual accounts 2017 filed PDFmicro format · 16 days late
2016
Annual accounts 2016 filed PDFfull format · 22 days late
2015
Annual accounts 2015 filed PDFfull format · 40 days before the deadline
2014
Annual accounts 2014 filed PDFfull format · 2 days before the deadline
2013
Annual accounts 2013 filed PDFfull format · 24 days before the deadline
2012
Annual accounts 2012 filed PDFfull format · 21 days before the deadline
2011
Annual accounts 2011 filed PDFfull format · 32 days before the deadline
Highest result from 2006 to 2025 net €147,840 ▲516% The net result of €147,840 is the highest of those years.
2010
Annual accounts 2010 filed PDFfull format · 26 days late
2009
Annual accounts 2009 filed PDFabbreviated format · 4 days before the deadline
Back to profit net €2,346 The net result is €2,346, after 2 loss-making years.
2008
Annual accounts 2008 filed PDFabbreviated format · 28 days late
Liquidity more than 26 times current ratio 22.62 The current ratio rises from 0.86 to 22.62.
2007
Annual accounts 2006 filed PDFabbreviated format · 24 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
First establishment Haachtstraat 95, Herent
Annual accounts 1997 filed NBBabbreviated format
1997
Annual accounts 1996 filed NBBabbreviated format
1996
Annual accounts 1995 filed NBBabbreviated format
1995
Annual accounts 1994 filed NBBabbreviated format
1994
Annual accounts 1993 filed NBBabbreviated format
1992
Incorporation published on 23-05-1992

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SETTIMMO was incorporated on 22 April 1992.1 Total assets fell from €99,488 in 2019 to €69,568 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0447.329.653
VAT number
BE 0447.329.653
Legal form
Public limited company
Status
Active, normal situation
Founded
22-04-1992
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of September at 19:00
deed of 02-01-2024 (in French)
Peppol
Not found in the Peppol Directory
Name
SETTIMMO in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-01-2024 (in French)

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“Achat,vente,importation,exportation,administration,promotion,la construction,traitement,exploitation,pour soi-même ou pour compte de…”
3 activities
  1. 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 de construction,chalets,fonds de commerce,brevets,marques,titres de société,obligations,bons de caisse,et autres valeurs financières,pour autant que ses opérations soient permis sans agrégation de Commission Bancaire(arr.roy. du 05/08/1991,en exécution de la loi du 04/12/1990).
  2. Toutes les opérations industrielles,commerciales et financières,mobilières ou immobilières pouvant se rattacher directement ou indirectement à son objet.
  3. Participation de la société,par tous moyens,à toutes entreprises ou sociétés créées ou à créer,pouvant se rattacher directement ou indirectement à son objet.
deed of 02-01-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de Marbaix 1 registered office 6534 Thuin
Haachtstraat 95 3020 Herent 68201 Renting and operating of own or leased residential real estate, excluding social housing 19-10-1998 2.057.638.036

Buildings and parcels at the addresses

Ground area
3,736 m²
Buildings
489 m²
Volume, LiDAR
3,235 m³
Tallest building
13.3 m
Buildings to scale, each on its own parcel
344 m², 7.3 m 145 m², 13.3 m 344 m², 7.3 m 145 m², 13.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Flanders 1 (50%) Wallonia 1 (50%)
Cadastral parcelRegionArea Buildings Height / floors
56030C0052/00P000Wallonia1,904 m² 1 · 145 m² 13.3 m · 3
24111D0362/00W000Flanders1,832 m² 1 · 344 m² 7.3 m · 2

Invoicing and payment

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Register as of 12 November 2026 · Peppol Directory