S.E.M.D.
ActiveS.E.M.D. has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52k and a net result of €2k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-6
Solvency94▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 3.09 in 2023; short-term debt: 30.8% and cash: 36.4% of total assets), and 30.8% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
69.2%
Return on assets
2.1%
Age of the figures
21 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 17-08-2025, 17 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
17 d late
2023
28 d late
2022
7 d late
2021
4 d late
2020
2 d late
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€52k▲ 3.1%
2023 · €50k
2018: €33k
2019: €40k
2020: €35k
2021: €42k
2022: €45k
2023: €50k
2018 → 2024
Total assets
€75k▲ 5.2%
2023 · €71k
2018: €137k
2019: €122k
2020: €102k
2021: €146k
2022: €111k
2023: €71k
2018 → 2024
Net result
€2k▼ 66.7%
2023 · €5k
2018: €7k
2019: €4k
2020: €-4k
2021: €8k
2022: €4k
2023: €5k
2018 → 2024
Working capital
€43k▼ 0.9%
2023 · €44k
2018: €10k
2019: €-352
2020: €5k
2021: €-20k
2022: €-5k
2023: €44k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€42k▲ 20.4%€45k▲ 7.1%€50k▲ 10.3%€52k▲ 3.1%
Operating result€-4k-€8k€4k▼ 55.8%€5k▲ 40.8%€2k▼ 55.2%
Net result€-4k-€8k€4k▼ 50.0%€5k▲ 11.5%€2k▼ 66.7%
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 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75k
Fixed assets
€8k▲ 30.3%
Current assets
€66k▲ 2.7%
Equity and liabilities €75k
Equity
€52k▲ 3.1%
Debt
€23k▲ 10.3%
The debt ratio rises from 29.4% to 30.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €13k
Cash flow
€4k▼
2023 · €13k
Solvency
69.2%▼
2023 · 70.6%
Current ratio
2.88▼
2023 · 3.09
Quick ratio
1.34▼
2023 · 2.02
Debt / equity
0.45▲
2023 · 0.42
ROE
3.0%▼
2023 · 9.3%
ROA
2.1%▼
2023 · 6.6%
Interest coverage
47.21▼
2023 · 49.73
Debt
€23k▲
2023 · €21k
Debt ≤ 1 year
€23k▲
2023 · €21k
Income taxes
€554
Staff costs
€8k▼
2023 · €11k
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€71k€75k▲
Fixed assets21/28€6k€8k▲
Tangible fixed assets22/27€6k€8k▲
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€395-
Financial fixed assets28€150€150=
Current assets29/58€65k€66k▲
Stocks and contracts in progress3€22k€36k▲
Stocks30/36€22k€36k▲
Amounts receivable within one year40/41€31k€3k▼
Trade receivables40€11k€577▼
Other amounts receivable41€20k€3k▼
Cash at bank and in hand54/58€11k€27k▲
Deferred charges and accrued income490/1€353€351▼
Equity and liabilities
Total equity and liabilities10/49€71k€75k▲
Equity10/15€50k€52k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€30k€31k▲
Amounts payable17/49€21k€23k▲
Amounts payable within one year42/48€21k€23k▲
Trade debts44€5k€11k▲
Suppliers440/4€5k€11k▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€6k€554▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€8k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€11k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€484€474▼
Gross operating margin9900€25k€14k▼
Operating profit (loss)9901€5k€2k▼
Financial charges65/66B€267€103▼
Recurring financial charges65€267€103▼
Profit (loss) for the period before taxes9903€5k€2k▼
Income taxes67/77-€554
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€31k▲
Profit (loss) brought forward from the previous period14P€25k€30k▲
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
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 3.09
Current ratio from 0.93 to 3.09; short-term debt falls from €65k to €21k.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼193%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 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, Frasnes-lez-Anvaing · 1 establishment unit since 2018
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.
Chaussée de Renaix(HA) 17911 Frasnes-lez-AnvaingGround area
1,677 m²
Building footprint
216 m²
Volume, LiDAR
1,350 m³
Parcel 51029A0119/00M000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.E.M.D
since 20182.276.084.412
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51029A0119/00M000 | Wallonia | 1,676 m² | 1 · 216 m² | 8.4 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFrasnes-lez-Anvaing2.276.084.412
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,368. 957 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2017
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.