SEUMULHANA
ActiveThe computed 12-month bankruptcy probability of SEUMULHANA is 3.8% (moderate). The 2024 annual accounts show equity of €39k and a net result of €10k. Equity is growing by ~86.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 18936 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▼ -1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+16
Growth78=
Stability100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 1.57 in 2023), and 22.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
77.5%
Return on assets
19.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
42 d late
2022
48 d early
2021
56 d late
2020
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 34.4%
2023 · €29k
2020: €-8k
2021: €-17k
2022: €5k
2023: €29k
2020 → 2024
Total assets
€50k▼ 15.7%
2023 · €60k
2020: €27k
2021: €43k
2022: €81k
2023: €60k
2020 → 2024
Net result
€10k▼ 58.6%
2023 · €24k
2020: €-43k
2021: €-9k
2022: €22k
2023: €24k
2020 → 2024
Working capital
€26k▲ 48.6%
2023 · €18k
2020: €-22k
2021: €-31k
2022: €-8k
2023: €18k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-8k-€-17k▼ 105%€5k€29k▲ 488%€39k▲ 34.4%
Operating result€-43k-€-8k▲ 82.1%€23k€28k▲ 23.1%€11k▼ 60.7%
Net result€-43k-€-9k▲ 79.8%€22k€24k▲ 9.6%€10k▼ 58.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 61% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€13k▲ 12.5%
Current assets
€38k▼ 22.4%
Equity and liabilities €50k
Equity
€39k▲ 34.4%
Debt
€11k▼ 63.1%
The debt ratio falls from 51.4% to 22.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€12k▼
2023 · €29k
Cash flow
€11k▼
2023 · €26k
Solvency
77.5%▲
2023 · 48.6%
Current ratio
3.30▲
2023 · 1.57
Quick ratio
3.02▲
2023 · 1.47
Debt / equity
0.29▼
2023 · 1.06
ROE
25.6%▼
2023 · 83.0%
ROA
19.8%▼
2023 · 40.3%
Interest coverage
12.71▲
2023 · 7.92
Debt
€11k▼
2023 · €31k
Debt ≤ 1 year
€11k▼
2023 · €31k
Staff costs
€163k▲
2023 · €122k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€60k€50k▼
Fixed assets21/28€11k€13k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€735€526▼
Financial fixed assets28€9k€9k=
Current assets29/58€48k€38k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Cash at bank and in hand54/58€45k€34k▼
Equity and liabilities
Total equity and liabilities10/49€60k€50k▼
Equity10/15€29k€39k▲
Contributions10/11€35k€35k=
Profit (loss) carried forward14€-6k€4k▲
Amounts payable17/49€31k€11k▼
Amounts payable within one year42/48€31k€11k▼
Trade debts44€11k€4k▼
Suppliers440/4€11k€4k▼
Taxes, remuneration and social security45€20k€8k▼
Taxes450/3€7k€8k▲
Remuneration and social security454/9€13k-
Income statement
Code20232024
Remuneration, social security and pensions62€122k€163k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1,000▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€154k€178k▲
Operating profit (loss)9901€28k€11k▼
Financial charges65/66B€4k€939▼
Recurring financial charges65€4k€939▼
Profit (loss) for the period before taxes9903€24k€10k▼
Profit (loss) for the period9904€24k€10k▼
Profit (loss) for the period to be appropriated9905€24k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€4k▲
Profit (loss) brought forward from the previous period14P€-30k€-6k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 3.30
Current ratio from 1.57 to 3.30; short-term debt falls from €31k to €11k.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Highest result since 2020net €24k ▲9.6%
Operating result €28k, net result €24k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 56 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2020
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.
Oudburg 189000 GentGround area
111 m²
Building footprint
76 m²
Volume, LiDAR
867 m³
Parcel 44021A0637/00_000, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SEUMULHANA
since 20202.303.604.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A0637/00_000 | Flanders | 111 m² | 1 · 76 m² | 13.5 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.303.604.795
Similar companies · same sector, comparable size
LORO
BE 0442.687.016
Sint-Agatha-Berchem · Eq €39k
EN FLAMMES
BE 0808.591.505
Kortrijk · Eq €39k
MENA
BE 0721.712.563
Stabroek · Eq €39k
Van Gansbeke-Van de Vyvere
BE 0736.481.111
Wetteren · Eq €39k
Graspoort
BE 0807.516.090
Mechelen · Eq €39k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,575 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.