Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 12.3 to 8.
Financials
Financial year 2026
Etablissements Ernest Seghers et Fils from Ecaussinnes, company number BE0407232427, closed financial year 2026 with a result of € 66,910 after tax. For that financial year Etablissements Ernest Seghers et Fils recorded a gross margin of € 626,750 and equity of € 702,750. Compared with financial year 2025, the result moved from € 57,737 to € 66,910. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 702,750
▲ 11% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,910
▲ 16% vs 2025
Profit after tax over the fiscal year.
€ 609,613
▲ 74% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 652,750.
People and assets in 2026
8
▼ 0.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 504,299
▲ 4% vs 2025
€ 63,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,122
▼ 34% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 36,981
▼ 38% vs 2025
€ 12,327 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 292,654
▲ 81% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 63,830
▲ 2% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 822,602 | € 1,062,733 | € 597,462 | € 626,750 | ▲ 5% |
| Profit after taxes | € 85,809 | € 277,479 | € 57,737 | € 66,910 | ▲ 16% |
| Equity | € 989,033 | € 578,103 | € 635,840 | € 702,750 | ▲ 11% |
| Total debts | € 1,006,081 | € 1,513,249 | € 690,594 | € 835,628 | ▲ 21% |
| Cash | € 362,635 | € 1,071,752 | € 350,287 | € 609,613 | ▲ 74% |
| Retained profit | € 250,624 | € 528,103 | € 585,840 | € 652,750 | ▲ 11% |
| Dividend | € 0 | € 688,409 | € 0 | € 0 | |
| Bank debt | € 31,179 | € 20,786 | € 59,701 | € 36,981 | ▼ 38% |
| Balance sheet total | € 1,995,114 | € 2,091,352 | € 1,326,434 | € 1,538,378 | ▲ 16% |
| Employees (FTE) | 15.1 | 12.3 | 8.2 | 8 | ▼ 0.2 |
Key figures of Etablissements Ernest Seghers et Fils, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to Etablissements Ernest Seghers et Fils?
What happened at Etablissements Ernest Seghers et Fils in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 66,910 (▲ 16% vs 2025). Source: NBB ↗
- New establishment in Ecaussinnes. KBO
- New establishment in Ecaussinnes. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,809 profit in 2023 to € 66,910 profit in 2026.
Paid € 232,268 in corporate taxes since 2023.
Best year ever: 2024, with € 277,479 profit.
On average € 78,300 of value added per employee in 2026.
Management
Behind Etablissements Ernest Seghers et Fils are CHRISTIAN SEGHERS and GREGORY SEGHERS. The same people are also behind SEGHERS IMMO.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Emile Vandervelde 27A
7190 Ecaussinnes
Rue Emile Vandervelde 8
7190 Ecaussinnes
Active since 1 December 1970
Rue Emile Vandervelde 29
7190 Ecaussinnes
Active since 1 December 1970
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.232.427
- VAT number
- BE 0407.232.427
- Registered office
- Rue Emile Vandervelde 27A, 7190 Ecaussinnes
- Names & denominations
- Etablissements Ernest Seghers et Fils
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1969
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
Algemene elektrotechnische installatiewerken
Elektrische installatie
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Overige gespecialiseerde bouwactiviteiten, neg
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
+5