SENECA
ActiveSummary
SENECA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.03M and a net result of €154k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▲+4
Solvency100▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €490k at 30 days acceptable
Liquidity ample (current ratio 2.93 against 2.57 in 2024; short-term debt: 23.6% and cash: 1.8% of total assets), and 23.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.1%
Return on assets
1.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
2 d early
2023
6 d early
2022
10 d early
2021
2 d early
2020
9 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€7.03M▲ 2.2%
2024 · €6.88M
2019: €6.39M
2020: €8.03M
2021: €7.87M
2022: €7.46M
2023: €7.15M
2024: €6.88M
2019 → 2025
Total assets
€9.25M▼ 1.2%
2024 · €9.36M
2019: €8.80M
2020: €10.13M
2021: €9.74M
2022: €9.90M
2023: €9.63M
2024: €9.36M
2019 → 2025
Net result
€154k
2024 · €-111k
2019: €15k
2020: €1.65M
2021: €-161k
2022: €-91k
2023: €-66k
2024: €-111k
2019 → 2025
Working capital
€4.21M▲ 8.3%
2024 · €3.89M
2019: €2.41M
2020: €4.70M
2021: €4.55M
2022: €4.29M
2023: €4.13M
2024: €3.89M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.87M-€7.46M▼ 5.2%€7.15M▼ 4.2%€6.88M▼ 3.8%€7.03M▲ 2.2%
Operating result€-155k-€-170k▼ 9.2%€-165k▲ 2.9%€-145k▲ 11.9%€-176k▼ 21.0%
Net result€-161k-€-91k▲ 43.4%€-66k▲ 27.2%€-111k▼ 67.9%€154k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €176k in 2025 against €145k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.25M
Fixed assets
€2.85M ▼ 4.9%
Current assets
€6.40M ▲ 0.5%
Equity and liabilities €9.25M
Equity
€7.03M ▲ 2.2%
Debt
€2.21M ▼ 10.9%
Debt's share of the balance-sheet total falls from 26.5% to 23.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-23k▼
2024 · €875
Cash flow
€308k▲
2024 · €35k
Current ratio
2.93▲
2024 · 2.57
Quick ratio
2.92▲
2024 · 2.56
Debt to equity
0.31▼
2024 · 0.36
ROE
2.2%▲
2024 · -1.6%
ROA
1.7%▲
2024 · -1.2%
Interest coverage
-0.37▼
2024 · 0.00
Debt ≤ 1 year
€2.19M▼
2024 · €2.48M
Income taxes
€79k▲
2024 · €50k
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 · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.36M€9.25M▼
Fixed assets21/28€3.00M€2.85M▼
Tangible fixed assets22/27€3.00M€2.85M▼
Land and buildings22€2.21M€2.16M▼
Plant, machinery and equipment23€609k€536k▼
Furniture and vehicles24€174k€152k▼
Financial fixed assets28€572€572=
Current assets29/58€6.37M€6.40M▲
Amounts receivable after more than one year29€2.50M€2.50M=
Other amounts receivable291€2.50M€2.50M=
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€342k€343k▲
Trade receivables40€17k€4k▼
Other amounts receivable41€324k€339k▲
Current investments50/53€3.08M€3.33M▲
Cash at bank and in hand54/58€388k€162k▼
Deferred charges and accrued income490/1€49k€53k▲
Equity and liabilities
Total equity and liabilities10/49€9.36M€9.25M▼
Equity10/15€6.88M€7.03M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6.82M€6.82M=
Non-distributable reserves130/1€176k€176k=
Legal reserve130€176k€176k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€6.63M€6.63M=
Profit (loss) carried forward14-€154k
Amounts payable17/49€2.48M€2.21M▼
Amounts payable within one year42/48€2.48M€2.19M▼
Financial debts43€1.85M€1.85M▼
Credit institutions430/8€1.85M€1.85M▼
Trade debts44€8k€14k▲
Suppliers440/4€8k€14k▲
Taxes, remuneration and social security45€38k€28k▼
Taxes450/3€38k€28k▼
Other amounts payable47/48€581k€294k▼
Accrued charges and deferred income492/3€4k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€153k▲
Other operating charges640/8€16k€22k▲
Gross operating margin9900€17k€-498▼
Operating profit (loss)9901€-145k€-176k▼
Financial income75/76B€532k€469k▼
Recurring financial income75€532k€469k▼
Financial charges65/66B€448k€60k▼
Recurring financial charges65€448k€60k▼
Profit (loss) for the period before taxes9903€-62k€233k▲
Income taxes67/77€50k€79k▲
Profit (loss) for the period9904€-111k€154k▲
Profit (loss) for the period to be appropriated9905€-111k€154k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€154k▲
Profit (loss) brought forward from the previous period14P€109k-
Transfer from equity791/2€161k-
Profit to be distributed694/7€159k-
Return on contributions (dividend)694€159k-
The notes to these accounts (7 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
2025
20-11
State Gazette act
Board meeting · Demerger
Capital · Corporate purpose
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €154k
Net result €154k after 4 loss-making years.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-161k
Net result drops to €-161k, the lowest in the series; recovery starts the following year.
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
31-03
Financial
Highest result since 2019net €1.65M ▲10,630%
Operating result €1.90M, net result €1.65M, both a record.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
14-09
State Gazette act
General meeting · Director resignation
Permanent representative · Director reappointment
2016
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
17-06
State Gazette act
General meeting · Director resignation
Director reappointment
10-06
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
2015
03-04
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2013
05-07
State Gazette act
General meeting · Director resignation
Director reappointment · Permanent representative
2012
19-10
State Gazette act
General meeting · Director appointment
Permanent representative · Auditor reappointment
2005
14-02
State Gazette act
Incorporation · Founding capital
Corporate purpose · Bank account
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 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 1990
Ground area
1,419 m²
Building footprint
1,397 m²
Volume, LiDAR
20,207 m³
Parcel 44803C0832/00E000, Flanders · tallest building 21.3 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SENECA
since 19902.047.537.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0832/00E000 | Flanders | 1,419 m² | 1 · 1,397 m² | 21.3 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.
Structure & network
Recognitions · licences · registrations
Legal Entity Identifier
9676006S6HBA3CMA9O50
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 8,846 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
Founded30-01-1990
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.