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SEVERSTRACO

Active
Private limited companyfounded 2025active for 1 yearOudergemlaan 59, 1040 Etterbeek, Belgium15 active companies are registered at this addressKBO/BCE: BE 1021.630.328
Summary

SEVERSTRACO has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,966 and a net result of €42,466. Its solvency ranks better than 64% of 17,080 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €140,000
Estimated: probably between €75,000 and €300,000
Total assets
€93,213
Net result
€42,466
Working capital
€37,055

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €93,213
Fixed assets €31,849
Current assets €61,365
Equity and liabilities €93,213
Equity €43,966
Debt €49,248
Debt finances 52.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€55,296
Cash flow
€44,438
Current ratio
2.52
Debt to equity
1.12
ROE
96.6%
ROA
45.6%
Interest coverage
91.96
Debt ≤ 1 year
€24,309
Debt > 1 year
€24,939
Income taxes
€10,257

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€93,213
Fixed assets21/28€31,849
Tangible fixed assets22/27€31,849
Furniture and vehicles24€443
Leasing and similar rights25€31,406
Current assets29/58€61,365
Amounts receivable within one year40/41€10,588
Trade receivables40€10,588
Cash at bank and in hand54/58€49,355
Deferred charges and accrued income490/1€1,422
Equity and liabilities
Total equity and liabilities10/49€93,213
Equity10/15€43,966
Contributions10/11€1,500
Reserves13€42,466
Distributable reserves133€42,466
Amounts payable17/49€49,248
Amounts payable after more than one year17€24,939
Financial debts170/4€24,939
Amounts payable within one year42/48€24,309
Current portion of amounts payable after more than one year42€6,240
Trade debts44€1,351
Suppliers440/4€1,351
Taxes, remuneration and social security45€16,447
Taxes450/3€14,947
Remuneration and social security454/9€1,500
Other amounts payable47/48€271
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,972
Other operating charges640/8€486
Gross operating margin9900€55,782
Operating profit (loss)9901€53,324
Financial charges65/66B€601
Recurring financial charges65€601
Profit (loss) for the period before taxes9903€52,723
Income taxes67/77€10,257
Profit (loss) for the period9904€42,466
Profit (loss) for the period to be appropriated9905€42,466
Appropriation of the result
Profit (loss) to be appropriated9906€42,466
Transfer to equity691/2€42,466
To other reserves6921€42,466

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,972
Other operating charges640/8€486
Gross operating margin9900€55,782
Operating profit (loss)9901€53,324
Financial charges65/66B€601
Recurring financial charges65€601
Profit (loss) for the period before taxes9903€52,723
Income taxes67/77€10,257
Profit (loss) for the period9904€42,466
Profit (loss) for the period to be appropriated9905€42,466
Line2025
Assets
Total assets20/58€93,213
Fixed assets21/28€31,849
Tangible fixed assets22/27€31,849
Furniture and vehicles24€443
Leasing and similar rights25€31,406
Current assets29/58€61,365
Amounts receivable within one year40/41€10,588
Trade receivables40€10,588
Cash at bank and in hand54/58€49,355
Deferred charges and accrued income490/1€1,422
Equity and liabilities
Total equity and liabilities10/49€93,213
Equity10/15€43,966
Contributions10/11€1,500
Reserves13€42,466
Distributable reserves133€42,466
Amounts payable17/49€49,248
Amounts payable after more than one year17€24,939
Financial debts170/4€24,939
Amounts payable within one year42/48€24,309
Current portion of amounts payable after more than one year42€6,240
Trade debts44€1,351
Suppliers440/4€1,351
Taxes, remuneration and social security45€16,447
Taxes450/3€14,947
Remuneration and social security454/9€1,500
Other amounts payable47/48€271
Line2025
Profit (loss) for the period9904€42,466
+ Depreciation and write-downs630€1,972
Operating cash flow (approximation)€44,438

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 20-05-2026 2026-00121411

Similar companies · same sector, comparable size

Of the 9,527 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,506. 5,007 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.