SEMES P.V.I.
ActiveThe computed 12-month bankruptcy probability of SEMES P.V.I. is 1.5% (moderate). The 2025 annual accounts show equity of €46k and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 93% of 442 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-48
Solvency100▲+24
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 7.83 against 2.03 in 2024; short-term debt: 12.8% and cash: 0% of total assets), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 79
Relative position
BE, all sectors
reference
Sector 79
higher
← 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 2025Solvency, return and age of the figures
Solvency
87.2%
Return on assets
-27.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 10 filingsDeviation from the deadline
2025
10 d late
2024
59 d late
2023
30 d late
2022
58 d late
2021
29 d late
2020
55 d late
2019
122 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 15.6%
2024 · €55k
2018: €24k
2019: €14k
2020: €6k
2021: €1k
2022: €24k
2023: €44k
2024: €55k
2018 → 2025
Total assets
€53k▼ 50.9%
2024 · €108k
2018: €126k
2019: €128k
2020: €159k
2021: €176k
2022: €154k
2023: €270k
2024: €108k
2018 → 2025
Net result
€-15k
2024 · €5k
2018: €20k
2019: €12k
2020: €-8k
2021: €-4k
2022: €23k
2023: €20k
2024: €5k
2018 → 2025
Working capital
€46k▼ 15.6%
2024 · €55k
2018: €39k
2019: €19k
2020: €6k
2021: €1k
2022: €41k
2023: €58k
2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€24k▲ 1,805%€44k▲ 82.7%€55k▲ 24.7%€46k▼ 15.6%
Operating result€-4k-€23k€31k▲ 34.3%€7k▼ 77.8%€-8k
Net result€-4k-€23k€20k▼ 12.7%€5k▼ 76.7%€-15k
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 2025: a loss of €8k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €53k
Equity
€46k▼ 15.6%
Debt
€7k▼ 87.3%
The debt ratio falls from 49.2% to 12.8%. Equity and debt are lower.
Key figures and ratios
Solvency
87.2%▲
2024 · 50.8%
Current ratio
7.83▲
2024 · 2.03
Quick ratio
7.83▲
2024 · 2.03
Debt / equity
0.15▼
2024 · 0.97
ROE
-32.0%▼
2024 · 8.4%
ROA
-27.9%▼
2024 · 4.3%
Debt
€7k▼
2024 · €53k
Debt ≤ 1 year
€7k▼
2024 · €53k
Income taxes
€-1k▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€108k€53k▼
Current assets29/58€108k€53k▼
Amounts receivable within one year40/41€34k€53k▲
Trade receivables40€11k-
Other amounts receivable41€22k€53k▲
Cash at bank and in hand54/58€74k€5▼
Equity and liabilities
Total equity and liabilities10/49€108k€53k▼
Equity10/15€55k€46k▼
Contributions10/11€12k€19k▲
Reserves13€22k€22k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€21k€6k▼
Amounts payable17/49€53k€7k▼
Amounts payable within one year42/48€53k€7k▼
Trade debts44€42k€7k▼
Suppliers440/4€42k€7k▼
Taxes, remuneration and social security45€11k-
Taxes450/3€11k-
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€10k-
Other operating charges640/8€398€4k▲
Gross operating margin9900€7k€-4k▼
Operating profit (loss)9901€7k€-8k▼
Financial charges65/66B€521€8k▲
Recurring financial charges65€521€8k▲
Non-recurring financial charges66B-€8k
Profit (loss) for the period before taxes9903€6k€-16k▼
Income taxes67/77€2k€-1k▼
Profit (loss) for the period9904€5k€-15k▼
Profit (loss) for the period to be appropriated9905€5k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€6k▼
Profit (loss) brought forward from the previous period14P€16k€21k▲
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
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Weakest financial yearnet €-15k ▼419%
Net result drops to €-15k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 7.83
Current ratio from 2.03 to 7.83; short-term debt falls from €53k to €7k.
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 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, Walcourt · 1 establishment unit since 2015
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.
Rue de Nalinnes(Gou) 215651 WalcourtGround area
769 m²
Building footprint
147 m²
Parcel 93078A0093/00Z002, Wallonia. Linked by address, not a title deed.
1 establishment unit
SEMES P.V.I.
since 20152.245.341.647
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93078A0093/00Z002 | Wallonia | 768 m² | 1 · 147 m² | - |
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.
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Of 1,438 companies in sector 79110 we hold annual accounts for 880. 667 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2015
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.