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Seminal Consulting

Active
Private limited company (pre-2019)founded 200421 yrs activeJan Olieslagerslaan 24, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0870.597.170
Summary

For Seminal Consulting, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €697k and a net result of €27k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 34213 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability73▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
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 2023
Solvency, return and age of the figures
Solvency
92.9%
Return on assets
3.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-11-2024, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
122 d late
2022
67 d late
2021
61 d late
2020
27 d late
2018
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity
€697k▲ 1.7%
2022 · €685k
2018: €843k 2020: €843k 2021: €671k 2022: €685k
2018 → 2023
Total assets
€750k▲ 1.7%
2022 · €738k
2018: €888k 2020: €881k 2021: €885k 2022: €738k
2018 → 2023
Net result
€27k▼ 19.8%
2022 · €34k
2018: €26k 2020: €23k 2021: €30k 2022: €34k
2018 → 2023
Working capital
€691k▲ 2.1%
2022 · €677k
2018: €828k 2020: €833k 2021: €663k 2022: €677k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182020202120222023Trend
Equity€843k-€843k=€671k▼ 20.4%€685k▲ 2.0%€697k▲ 1.7%
Operating result€12k-€-9k€3k€14k▲ 410%€9k▼ 34.6%
Net result€26k-€23k▼ 13.2%€30k▲ 30.0%€34k▲ 13.6%€27k▼ 19.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2018: €12k€12kNet result 2018: €26k€26kOperating result 2020: €-9k€-9kNet result 2020: €23k€23kOperating result 2021: €3k€3kNet result 2021: €30k€30kOperating result 2022: €14k€14kNet result 2022: €34k€34kOperating result 2023: €9k€9kNet result 2023: €27k€27k20182020202120222023€0€10k€20k€30kOperating result 2021: €3k€2.8kNet result 2021: €30k€30kOperating result 2022: €14k€14kNet result 2022: €34k€34kOperating result 2023: €9k€9.2kNet result 2023: €27k€27k202120222023
The operating result falls in 2023; 2023 is 35% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €750k
Fixed assets €6k ▼ 25.9%
Current assets €744k ▲ 2.0%
Equity and liabilities €750k
Equity €697k ▲ 1.7%
Debt €54k ▲ 1.0%
Debt's share of the balance-sheet total stays at 7.1%.
Key figures and ratios
2023 value · change against 2022
EBITDA
€11k
2022 · €17k
Cash flow
€29k
2022 · €36k
Current ratio
13.89
2022 · 13.76
Debt to equity
0.08
2022 · 0.08
ROE
3.9%
2022 · 4.9%
ROA
3.6%
2022 · 4.5%
Interest coverage
20.07
2022 · 19.88
Debt ≤ 1 year
€54k
2022 · €53k
Income taxes
€6k
2022 · €7k
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 · 2023 against 2022 · 53 lines
Balance sheet Code20222023
Assets
Total assets20/58€738k€750k
Fixed assets21/28€8k€6k
Tangible fixed assets22/27€8k€6k
Plant, machinery and equipment23€1k€876
Furniture and vehicles24€7k€5k
Current assets29/58€730k€744k
Amounts receivable after more than one year29€682k€709k
Trade receivables290€682k€709k
Amounts receivable within one year40/41€15k€146
Trade receivables40€15k-
Other amounts receivable41€0€146
Current investments50/53€4-
Cash at bank and in hand54/58€6k€11k
Deferred charges and accrued income490/1€27k€24k
Equity and liabilities
Total equity and liabilities10/49€738k€750k
Equity10/15€685k€697k
Contributions10/11€12k€12k=
Reserves13€672k€684k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€670k€682k
Profit (loss) carried forward14€0-
Amounts payable17/49€53k€54k
Amounts payable within one year42/48€53k€54k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€67€2k
Suppliers440/4€67€2k
Advances received on contracts in progress46€18k-
Taxes, remuneration and social security45€15k€18k
Taxes450/3€15k€18k
Other amounts payable47/48€20k€34k
Income statement Code20222023
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k
Other operating charges640/8€1k€2k
Gross operating margin9900€18k€14k
Operating profit (loss)9901€14k€9k
Financial income75/76B€27k€24k
Recurring financial income75€27k€24k
Financial charges65/66B€835€560
Recurring financial charges65€835€560
Profit (loss) for the period before taxes9903€40k€33k
Income taxes67/77€7k€6k
Profit (loss) for the period9904€34k€27k
Profit (loss) for the period to be appropriated9905€34k€27k
Appropriation of the result
Profit (loss) to be appropriated9906€34k€27k
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€14k€12k
To other reserves6921€14k€12k
Profit to be distributed694/7€20k€15k
Return on contributions (dividend)694€0-
Directors or managers695€20k€15k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
30-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
06-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial Highest result since 2018net €34k ▲13.6%
Operating result €14k, net result €34k, both a record.
31-12
Financial Liquidity triplescurrent ratio 13.76
Current ratio from 4.11 to 13.76; short-term debt falls from €213k to €53k.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Weakest financial yearnet €23k ▼13.2%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
19-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
12-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 255 days late
2016
29-02
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 213 days late
2014
24-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 146 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Jan Olieslagerslaan 241150 Sint-Pieters-Woluwe
Ground area
4,373 m²
Building footprint
1,375 m²
Volume, LiDAR
20,511 m³
Parcel 21683D0258/00M000, Brussels · tallest building 20.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Seminal Consulting
Jan Olieslagerslaan 24, 1150 Sint-Pieters-WoluweNACE 7414101
since 20052.148.705.693
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21683D0258/00M000 Brussels 4,373 m² 1 · 1,375 m² 20.3 m · 5 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.

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,614 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 formPrivate limited company (pre-2019)
Founded10-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.