Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 36.8 to 26.8.
Financials
Financial year 2025
SEGAERT AFSLUITINGEN from Kortemark, company number BE0416405459, closed financial year 2025 with a result of € 483,905 after tax. For that financial year SEGAERT AFSLUITINGEN recorded a gross margin of € 2.7 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 286,159 to € 483,905. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 2.5 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 483,905
▲ 69% vs 2024
Profit after tax over the fiscal year.
€ 501,079
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 575,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
26.8
▼ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 6% vs 2024
€ 71,100 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.
€ 291,881
▼ 17% vs 2024
Of which on lease € 21,808.
Debts at end 2025
€ 15,611
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 909,519
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 206,059
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,985,231 | € 3,000,453 | € 2,587,051 | € 2,678,831 | ▲ 4% |
| Profit after taxes | € 345,673 | € 445,144 | € 286,159 | € 483,905 | ▲ 69% |
| Equity | € 2,839,629 | € 2,884,773 | € 2,590,932 | € 2,499,836 | ▼ 4% |
| Total debts | € 1,788,673 | € 1,649,669 | € 1,549,415 | € 1,349,573 | ▼ 13% |
| Cash | € 919,522 | € 396,574 | € 552,141 | € 501,079 | ▼ 9% |
| Retained profit | € 2,739,629 | € 2,784,773 | € 2,490,932 | € 2,399,836 | ▼ 4% |
| Dividend | € 100,000 | € 400,000 | € 580,000 | € 575,000 | ▼ 1% |
| Bank debt | € 58,032 | € 44,591 | € 30,463 | € 15,611 | ▼ 49% |
| Balance sheet total | € 4,836,175 | € 4,742,315 | € 4,348,219 | € 3,849,409 | ▼ 11% |
| Employees (FTE) | 37.9 | 36.8 | 31.6 | 26.8 | ▼ 4.8 |
Key figures of SEGAERT AFSLUITINGEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SEGAERT AFSLUITINGEN?
What happened at SEGAERT AFSLUITINGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- El Golfo BV stepped down as director. NBB
- Elluna BV stepped down as director. NBB
- Telesco BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 483,905 (▲ 69% vs 2024). filed late Source: NBB ↗
- El Golfo BV became a director. NBB
- Elluna BV became a director. NBB
- Telesco BV became a director. NBB
- New establishment in Kortemark. KBO
In short
From € 345,673 profit in 2022 to € 483,905 profit in 2025.
Paid € 706,865 in corporate taxes since 2022.
Best year ever: 2025, with € 483,905 profit.
On average € 100,000 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of TELESCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEGAERT AFSLUITINGENThe shares are held by TELESCO (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Talpe Tony
Also active at: NOUVEAUX ETABLISSEMENTS BOLOGNE, METAFAN, LAKKERIJ VANDERMAESEN, KOPAL, A.E.V. AFSLUITINGEN, VAN KERCKHOVEN DRAADHANDEL, B.R.T., FencePlus +6 more
since 2025 · until 2031
Managing director · represented by Decoutere Kristof
since 2025 · until 2031
Managing director, Director · represented by Talpe Stefaan, Talpe Stefan
Also active at: NOUVEAUX ETABLISSEMENTS BOLOGNE, METAFAN, LAKKERIJ VANDERMAESEN, KOPAL, A.E.V. AFSLUITINGEN, VAN KERCKHOVEN DRAADHANDEL, B.R.T., FencePlus +6 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Handzamestraat 4
8610 Kortemark
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
segaf.be
Registered
2001-04-26
Website info
Features
Security
Details
- Company number
- 0416.405.459
- VAT number
- BE 0416.405.459
- Registered office
- Handzamestraat 4, 8610 Kortemark
- Names & denominations
- SEGAERT AFSLUITINGEN · Segaf
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 1976
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- segaf.be
- Activities · NACE
Schrijnwerk
Metaalschrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden