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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Semcor from Edegem, company number BE0505785714, closed financial year 2025 with a result of € -16,006 after tax. For that financial year Semcor recorded a gross margin of € -19,614 and equity of € 65,660. Compared with financial year 2024, the result moved from € 13,268 to € -16,006. The company made a loss. The buffer shrank hard: equity is 84 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ 65,660
▼ 84% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,006
▼ still € 13,268 profit in 2024
Profit after tax over the fiscal year.
€ 108,722
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 47,060.
People and assets in 2025
€ 875
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,316
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -91,233 | € 17,333 | € -1,857 | € -19,614 | ▼ € 17,756 |
| Profit after taxes | € -75,070 | € 2,904 | € 13,268 | € -16,006 | ▼ € 29,274 |
| Equity | € 456,491 | € 448,868 | € 418,136 | € 65,660 | ▼ 84% |
| Total debts | € 12,282 | € 36,130 | € 35,922 | € 336,366 | ▲ € 300,444 |
| Cash | € 258,909 | € 236,704 | € 148,404 | € 108,722 | ▼ 27% |
| Retained profit | € 437,891 | € 430,268 | € 399,536 | € 47,060 | ▼ 88% |
| Dividend | € 0 | € 10,527 | € 44,000 | € 336,470 | ▲ € 292,470 |
| Balance sheet total | € 468,773 | € 484,999 | € 454,058 | € 402,026 | ▼ 11% |
Key figures of Semcor, 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 Semcor?
What happened at Semcor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,006 (▼ € 29,274 vs 2024). Source: NBB ↗
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
- Stephan Engelen became a director. NBB
In short
From € 75,070 loss in 2022 to € 16,006 loss in 2025.
Paid € 471 in corporate taxes since 2022.
Best year ever: 2024, with € 13,268 profit.
Paid out € 390,997 in dividends to the owners in total.
Management
Behind Semcor is Stephan Engelen.
Directors
According to the 2025 annual accounts
Stephan Engelen
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Bernard van Orleyplein 7
2650 Edegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.785.714
- VAT number
- BE 0505.785.714
- Registered office
- Bernard van Orleyplein 7, 2650 Edegem
- Names & denominations
- Semcor
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2014
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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