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SSE

Active Risk: very low
Non-profit associationfounded 199531 yrs activeNijverheidsstraat 16, 8760 Tielt, BelgiumKBO/BCE: BE 0456.799.031
Summary

SSE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €286k and a net result of €5k. Equity is growing by ~4.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023 · tick = 2022
Profitability19▼-16
Solvency26=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 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
0.8%
Return on assets
0%
Age of the figures
33 mo
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
41 d early
2022
56 d late
2021
20 d early
2020
25 d early
2019
35 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, abbreviated schema

Equity
€286k▲ 1.8%
2022 · €281k
2018: €232k 2019: €244k 2020: €253k 2021: €267k 2022: €281k
2018 → 2023
Total assets
€37.99M▲ 0.2%
2022 · €37.91M
2018: €26.34M 2019: €36.03M 2020: €32.58M 2021: €41.26M 2022: €37.91M
2018 → 2023
Net result
€5k▼ 63.0%
2022 · €14k
2018: €19k 2019: €13k 2020: €9k 2021: €14k 2022: €14k
2018 → 2023
Working capital
€-264k▼ 199%
2022 · €-88k
2018: €-130k 2019: €-178k 2020: €-85k 2021: €-46k 2022: €-88k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€244k-€253k▲ 3.6%€267k▲ 5.6%€281k▲ 5.1%€286k▲ 1.8%
Operating result€19k-€104k▲ 440%€202k▲ 95.3%€107k▼ 46.9%€-1.54M
Net result€13k-€9k▼ 30.5%€14k▲ 62.5%€14k▼ 3.9%€5k▼ 63.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-2.00M€-1.50M€-1.00M€-500k€0Operating result 2019: €19k€19kNet result 2019: €13k€13kOperating result 2020: €104k€104kNet result 2020: €9k€9kOperating result 2021: €202k€202kNet result 2021: €14k€14kOperating result 2022: €107k€107kNet result 2022: €14k€14kOperating result 2023: €-1.54M€-1.54MNet result 2023: €5k€5k20192020202120222023€-2M€-1.5M€-1M€-500k€0Operating result 2021: €202k€202kNet result 2021: €14k€14kOperating result 2022: €107k€107kNet result 2022: €14k€14kOperating result 2023: €-1.54M€-1.5MNet result 2023: €5k€5.1k202120222023
The operating result turns negative in 2023: a loss of €1.54M after €107k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €37.99M
Fixed assets €564k ▲ 51.4%
Current assets €37.42M ▼ 0.3%
Equity and liabilities €37.99M
Equity €286k ▲ 1.8%
Debt €37.70M ▲ 0.2%
Debt's share of the balance-sheet total stays at 99.2%.
Key figures and ratios
2023 value · change against 2022
EBITDA
€-1.46M
2022 · €170k
Cash flow
€86k
2022 · €76k
Current ratio
0.99
2022 · 1.00
ROE
1.8%
2022 · 4.9%
ROA
0.0%
2022 · 0.0%
Interest coverage
-46.87
2022 · 1.90
Debt ≤ 1 year
€37.69M
2022 · €37.62M
Income taxes
€210k
2022 · €4k
Staff costs
€5.62M
2022 · €4.61M
A ratio outside any meaningful range has been withheld (balance sheet total €37.99M, equity €286k).
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 · 43 lines
Balance sheet Code20222023
Assets
Total assets20/58€37.91M€37.99M
Fixed assets21/28€372k€564k
Intangible fixed assets21€2k-
Tangible fixed assets22/27€158k€351k
Furniture and vehicles24€144k€340k
Leasing and similar rights25€7k€6k
Other tangible fixed assets26€7k€4k
Financial fixed assets28€213k€213k=
Current assets29/58€37.54M€37.42M
Amounts receivable within one year40/41€2.73M€2.44M
Trade receivables40€1.41M€2.44M
Other amounts receivable41€1.32M€5k
Current investments50/53€4.40M€18k
Cash at bank and in hand54/58€30.40M€34.93M
Deferred charges and accrued income490/1€3k€37k
Equity and liabilities
Total equity and liabilities10/49€37.91M€37.99M
Equity10/15€281k€286k
Profit (loss) carried forward14€281k€286k
Amounts payable17/49€37.63M€37.70M
Amounts payable within one year42/48€37.62M€37.69M
Trade debts44€873k€2.70M
Suppliers440/4€873k€2.70M
Taxes, remuneration and social security45€1.37M€1.89M
Taxes450/3€585k€491k
Remuneration and social security454/9€782k€1.40M
Accrued charges and deferred income492/3€3k€13k
Income statement Code20222023
Remuneration, social security and pensions62€4.61M€5.62M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€81k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€35k€37k
Gross operating margin9900€4.82M€4.20M
Operating profit (loss)9901€107k€-1.54M
Financial income75/76B€26€1.79M
Recurring financial income75€26€1.79M
Financial charges65/66B€90k€31k
Recurring financial charges65€90k€31k
Profit (loss) for the period before taxes9903€18k€215k
Income taxes67/77€4k€210k
Profit (loss) for the period9904€14k€5k
Profit (loss) for the period to be appropriated9905€14k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€281k€286k
Profit (loss) brought forward from the previous period14P€267k€281k
Social balance
Average headcount (FTE)908760.166.8

The notes to these accounts (11 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

2026
08-09
State Gazette act Resignation: Marc Vandenbroucke (director)
Appointment: Lieven De Maertelaere (director) · Director discharge4 facts ▸
  • General meeting, 18-06-2026
  • Director resignation, Marc Vandenbroucke (director)
  • Director discharge, Marc Vandenbroucke
  • Director appointment, Lieven De Maertelaere (director)
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet €5k ▼63%
Net result drops to €5k, the lowest in the series.
25-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2026
Lieven De Maertelaere
Director · since 18-06-2026
Current
18-06-2026 Lieven De Maertelaere: Appointed as Director
18-06-2026 Marc Vandenbroucke: Resigned as Director
Location & real-estate footprint
Registered office, Tielt · 9 establishment units since 2003
establishment All 9 establishment units 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.

Nijverheidsstraat 168760 Tielt
Ground area
4.5 ha
Building footprint
1.3 ha
Volume, LiDAR
141,943 m³
9 parcels, Brussels, Flanders, Wallonia · tallest building 33.0 m, ±9 floors. Linked by address, not a title deed.
9 establishment units
SSE vzw
Nijverheidsstraat 16, 8760 TieltNACE 74854
since 20032.146.268.421
Brussel
Auguste Reyerslaan 70A, 1030 SchaarbeekOffice administrative, office support and other business support activities
since 20032.146.270.005
Kantoor Brugge
Lieven Bauwensstraat 16, 8200 BruggeOffice administrative, office support and other business support activities
since 20122.206.029.032
SSE
Kortrijksesteenweg 1095 C, 9051 GentOffice administrative, office support and other business support activities
since 20152.238.220.560
SSE Antwerpen Berchem
Roderveldlaan 2, 2600 AntwerpenOffice administrative, office support and other business support activities
since 20162.258.051.518
Kantoor Bouge
Rue de la Pavée(EP) 5, 5101 NamurOffice administrative, office support and other business support activities
since 20172.265.453.410
Show 3 more locations
SSE Wevelgem
Lauwestraat 166, 8560 WevelgemOffice administrative, office support and other business support activities
since 20192.301.789.808
SSE Genk
Centrumlaan 8, 3600 GenkOffice administrative, office support and other business support activities
since 20222.331.263.257
SSE
Square des Conduites d'Eau 14, 4020 LiègeOffice administrative, office support and other business support activities
since 20242.355.914.422
9 parcels
Flanders 6 (66.7%) Wallonia 2 (22.2%) Brussels 1 (11.1%)
Parcel (capakey) Region Area Buildings Height / fl.
44062B0301/00D003 Flanders 1.1 ha 1 · 3,960 m² -
11003A0289/00R000 Flanders 8,940 m² 1 · 1,121 m² 22.1 m · 6 fl.
21911C0131/03F000 Brussels 7,530 m² 1 · 3,037 m² 33.0 m · 9 fl.
37322B0443/00F000 Flanders 7,157 m² 1 · 1,640 m² 19.7 m · 4 fl.
34041C0530/00G006 Flanders 3,778 m² 1 · 796 m² 7.8 m · 1 fl.
31424B0550/00M000 Flanders 2,823 m² 1 · 1,148 m² 7.2 m · 2 fl.
62806C0923/00X002 Wallonia 1,786 m² 1 · 591 m² 9.6 m · 3 fl.
92039A0103/00R000 Wallonia 1,147 m² 1 · 318 m² 12.2 m · 3 fl.
71016I0865/00X000 Flanders 754 m² 1 · 657 m² 12.7 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 8
9 of 9 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 18,659 EUR awarded · 18,659 EUR paid
Year Entries awardedpaid
2025 1 2,471 EUR2,471 EUR
2024 1 8,946 EUR8,946 EUR
2023 1 6,049 EUR6,049 EUR
2022 1 1,193 EUR1,193 EUR
Schemes
Vlaams opleidingsverlof (VOV)
4 entries · 18,659 EUR · 18,659 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300BL6U5ICXX9XT59
live in the LEI register

Similar companies · same sector, comparable size

Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 2,292 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 formNon-profit association
Founded13-07-1995
Fiscal year end31-12
Trade name Soc.Secr.Soc.
Activities, NACEBEL 2025
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

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

Contact details

3 entries
Phone:051 480180
Establishment Tielt 2.146.268.421
Phone:02 7430488
Establishment Schaarbeek 2.146.270.005
Phone:056410368
Establishment Wevelgem 2.301.789.808