SEN GROUP
Open bankruptcyA bankruptcy procedure is open for SEN GROUP according to publications in the Belgian State Gazette; curator: GERT RYDANT.
Summary
The 2024 annual accounts show equity of €89k and a net result of €23k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-04-2025, 115 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
115 d early
2023
215 d late
2022
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€89k▲ 34.9%
2023 · €66k
2022: €67k
2023: €66k
2022 → 2024
Total assets
€293k▼ 29.4%
2023 · €414k
2022: €302k
2023: €414k
2022 → 2024
Net result
€23k
2023 · €-824
2022: €60k
2023: €-824
2022 → 2024
Working capital
€118k▲ 125%
2023 · €52k
2022: €62k
2023: €52k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€67k-€66k▼ 1.2%€89k▲ 34.9%
Operating result€83k-€-11k€30k
Net result€60k-€-824€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €30k after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €293k
Fixed assets
€9k ▼ 59.3%
Current assets
€283k ▼ 27.6%
Equity and liabilities €293k
Equity
€89k ▲ 34.9%
Debt
€203k ▼ 41.6%
Debt's share of the balance-sheet total falls from 84.0% to 69.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2023 · €-3k
Cash flow
€37k▲
2023 · €7k
Current ratio
1.71▲
2023 · 1.16
Debt to equity
2.28▼
2023 · 5.26
ROE
25.8%▲
2023 · -1.2%
ROA
7.9%▲
2023 · -0.2%
Interest coverage
6.12▲
2023 · -0.61
Debt ≤ 1 year
€165k▼
2023 · €338k
Debt > 1 year
€38k▲
2023 · €10k
Staff costs
€139k▼
2023 · €205k
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 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€414k€293k▼
Fixed assets21/28€23k€9k▼
Tangible fixed assets22/27€22k€8k▼
Furniture and vehicles24€12k€0▼
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28€1k€1k=
Current assets29/58€391k€283k▼
Amounts receivable within one year40/41€391k€269k▼
Trade receivables40€307k€184k▼
Other amounts receivable41€83k€85k▲
Cash at bank and in hand54/58€302€14k▲
Equity and liabilities
Total equity and liabilities10/49€414k€293k▼
Equity10/15€66k€89k▲
Contributions10/11€7k€7k=
Reserves13€59k€82k▲
Distributable reserves133€59k€82k▲
Amounts payable17/49€348k€203k▼
Amounts payable after more than one year17€10k€38k▲
Financial debts170/4€10k€38k▲
Amounts payable within one year42/48€338k€165k▼
Current portion of amounts payable after more than one year42€6k€496▼
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€181k€0▼
Suppliers440/4€181k€0▼
Advances received on contracts in progress46€18k€84k▲
Taxes, remuneration and social security45€99k€81k▼
Taxes450/3€92k€72k▼
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€30k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€205k€139k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€14k▲
Other operating charges640/8€7k€12k▲
Gross operating margin9900€209k€196k▼
Operating profit (loss)9901€-11k€30k▲
Financial income75/76B€3k-
Recurring financial income75€3k-
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€-13k€23k▲
Income taxes67/77€-12k-
Profit (loss) for the period9904€-824€23k▲
Profit (loss) for the period to be appropriated9905€-824€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-824€23k▲
Transfer from equity791/2€824-
Transfer to equity691/2-€23k
To the legal reserve6920-€0
To other reserves6921-€23k
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
2026
07-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · SEN GROUP BV COUPURE 88, 9000 GENT · event 31-03-2026
2025
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
03-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 215 days late
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
2023
31-12
Financial
Weakest financial yearnet €-824 ▼101%
Net result drops to €-824, the lowest in the series.
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2021
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.
Coupure 889000 GentGround area
794 m²
Building footprint
299 m²
Volume, LiDAR
4,829 m³
Parcel 44815F2048/00V002, Flanders · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SEN GROUP
since 20212.316.325.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2048/00V002 | Flanders | 794 m² | 1 · 299 m² | 18.5 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERT RYDANT BRUSSELSESTEENWEG 691, 9050 GENT-
BRUGGE |
31-03-2026 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 4,915 companies in sector 53200 we hold annual accounts for 1,329. 1,053 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
Founded18-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
53100Postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.