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SEGCO

Active
Private limited companyfounded 2007active for 19 yearsStationsstraat 51, 8470 Gistel, BelgiumKBO/BCE: BE 0892.418.311
Summary

SEGCO has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,715 and a net result of -€6,854. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 66% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 26-09-2007 Normal situation
Activity
Other construction installation NACE 43240and 1 other
Establishment unit
2.165.646.843 8470 Gistel, since 05-10-2007
Financial year end
31 December
Peppol
Reachable since 16-11-2025

Board and ownership

Board

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€4,483
▼ 70.7%
Turnover
≈ €56,000
estimated
Loss
€6,854
Equity
€51,715
▼ 34.6%
Total assets
€85,262
▼ 7.1%
Score breakdownraises riskLoss of €6,854 (financial year 2025)Liquidity: current ratio 2.27Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2007Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 86-14
equity 60.7% of total assets
Liquidity 63-11
short-term debt 39.2%
Profitability 28-46
return on assets -8.0%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.9 percentage points vs 09-2026highest value 11-2026: 1.2%● unchanged vs 10-2026highest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.27 (6.06 in 2024), above the usual 1.5. Short-term debt is 39.2% of total assets. 39.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 66% of them on solvency, 62% on liquidity, 16% on profitability and 12% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €6,854 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.27
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
2023
35 days early
2022
32 days early
2021
35 days early
2020
33 days early
2019
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 85% of companies in specialised constructionsector median €10,221 · 34,960 companies -€6,854 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsChange of role: Sander SEGBOER, from statutory manager to statutory director · Appointment: MAECKELBERGHE Rebekka Geertrui (statutory director) · Reappointment: MAECKELBERGHE Rebekka Geertrui (opvolgend statutair bestuurder)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as SEGCO: other construction installation (NACE 43240). They are comparable in size and age: total assets between €82,900 and €125,000, founded between 2004 and 2012.

CompanyTotal assetsGross margin
SEGCO Gistel€85,262€4,483
ECOCONSTRUCT 2020 Poperinge€82,870€6,233
JSB Dilbeek€95,185€5,032
FRESH RENOVE CONCEPT Ukkel€119,018€5,422
Techni-SOLAR Plombières€120,631€3,567
RENODAV-SEB Drogenbos€125,111€3,372
COMFORT STORES Ronse€114,372€6,343
Full comparison

Key facts about SEGCO

What is the company number of SEGCO?
The company number of SEGCO is 0892.418.311. The VAT number is the same number with BE in front: BE 0892.418.311.
Where is SEGCO based?
The registered office is at Stationsstraat 51, 8470 Gistel.Company details
What does SEGCO do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of SEGCO?
The legal form of SEGCO is Private limited company (BV).
When was SEGCO founded?
SEGCO was founded on 26-09-2007.
Is SEGCO still active?
Yes, SEGCO is an active enterprise in the KBO register.
What is the turnover of SEGCO?
The turnover in financial year 2025 is ≈ €56,000. This figure is estimated from the gross margin of €4,483 and 33 comparable companies (NACE 43240). It probably lies between €26,000 and €110,000. It is a rough estimate.Financials
Is SEGCO profitable?
In financial year 2025, SEGCO made a loss of €6,854.
Where can I find the annual accounts of SEGCO?
SEGCO filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SEGCO due?
SEGCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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