SEDESCO
ActiveSummary
For SEDESCO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €117k and a net result of €-1k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 15367 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability68▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
79.8%
Return on assets
-0.9%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 236 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-10-2024, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
93 d early
2023
28 d early
2022
1 d late
2021
68 d early
2020
11 d early
2019
65 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€117k▼ 1.1%
2023 · €118k
2019: €99k
2020: €106k
2021: €119k
2022: €118k
2023: €118k
2019 → 2024
Total assets
€146k▼ 6.8%
2023 · €157k
2019: €185k
2020: €187k
2021: €176k
2022: €166k
2023: €157k
2019 → 2024
Net result
€-1k
2023 · €161
2019: €9k
2020: €7k
2021: €13k
2022: €-760
2023: €161
2019 → 2024
Working capital
€9k▼ 23.0%
2023 · €11k
2019: €-4k
2020: €1k
2021: €14k
2022: €13k
2023: €11k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€106k-€119k▲ 12.3%€118k▼ 0.6%€118k▲ 0.1%€117k▼ 1.1%
Operating result€9k-€15k▲ 65.6%€608▼ 95.9%€2k▲ 149%€-268
Net result€7k-€13k▲ 84.8%€-760€161€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €268 after €2k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets
€128k ▼ 6.1%
Current assets
€18k ▼ 11.3%
Equity and liabilities €146k
Equity
€117k ▼ 1.1%
Debt
€30k ▼ 23.9%
Debt's share of the balance-sheet total falls from 24.7% to 20.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2023 · €10k
Cash flow
€7k▼
2023 · €8k
Current ratio
1.91▼
2023 · 2.21
Quick ratio
1.70▲
2023 · 1.57
Debt to equity
0.25▼
2023 · 0.33
ROE
-1.2%▼
2023 · 0.1%
ROA
-0.9%▼
2023 · 0.1%
Interest coverage
7.43▲
2023 · 7.29
Debt ≤ 1 year
€10k▲
2023 · €9k
Debt > 1 year
€20k▼
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€157k€146k▼
Fixed assets21/28€136k€128k▼
Tangible fixed assets22/27€96k€88k▼
Land and buildings22€87k€81k▼
Furniture and vehicles24€1k€674▼
Other tangible fixed assets26€8k€7k▼
Financial fixed assets28€40k€40k=
Current assets29/58€21k€18k▼
Stocks and contracts in progress3€6k€2k▼
Stocks30/36€6k€2k▼
Amounts receivable within one year40/41€14k€16k▲
Trade receivables40€0-
Other amounts receivable41€14k€16k▲
Cash at bank and in hand54/58€432€713▲
Equity and liabilities
Total equity and liabilities10/49€157k€146k▼
Equity10/15€118k€117k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Profit (loss) carried forward14€-6k€-7k▼
Amounts payable17/49€39k€30k▼
Amounts payable after more than one year17€30k€20k▼
Financial debts170/4€30k€20k▼
Amounts payable within one year42/48€9k€10k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€1k€2k▲
Gross operating margin9900€11k€14k▲
Operating profit (loss)9901€2k€-268▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€161€-1k▼
Profit (loss) for the period9904€161€-1k▼
Profit (loss) for the period to be appropriated9905€161€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-7k▼
Profit (loss) brought forward from the previous period14P€-6k€-6k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €-1k ▼940%
Net result drops to €-1k, the lowest in the series.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €161
Net result €161 after one loss-making year.
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €13k ▲84.8%
Operating result €15k, net result €13k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 2.49
Current ratio from 1.04 to 2.49; short-term debt falls from €24k to €9k.
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €106k ▲7.2%
2 profitable years in a row build equity to €106k.
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
18-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 47 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hooglede · 1 establishment unit since 1993
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.
Beverenstraat 888830 HoogledeGround area
6,110 m²
Building footprint
639 m²
Volume, LiDAR
3,019 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoogleedsesteenweg 340, 8800 Roeselare
since 19932.063.098.047
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006C0146/00E000 | Flanders | 4,947 m² | 1 · 350 m² | 6.8 m · 1 fl. |
| 36015A0654/02X000 | Flanders | 1,163 m² | 1 · 289 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0654.916.779
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Sjodekon
BE 0758.561.477
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Kristel Verbist Consulting
BE 0741.822.940
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CGDG CONSULT
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Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 942 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-05-1993
Fiscal year end30-06
Activities, NACEBEL 2025
69109Other legal services
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.