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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SESAL IMMO from Plombières, company number BE0554937097, closed financial year 2025 with a result of € -5,682 after tax. For that financial year SESAL IMMO recorded a gross margin of € 23,586 and equity of € -103,712. Compared with financial year 2024, the result moved from € -11,024 to € -5,682. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ -103,712
▼ € 5,682 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,682
▲ 48 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,690
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -122,312.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 159,850
▼ 11% vs 2024
€ 20,211 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 557
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,239 | € 17,094 | € 16,420 | € 23,586 | ▲ 44% |
| Profit after taxes | € 868 | € -8,502 | € -11,024 | € -5,682 | ▲ € 5,342 |
| Equity | € -78,504 | € -87,006 | € -98,030 | € -103,712 | ▼ € 5,682 |
| Total debts | € 439,415 | € 437,050 | € 444,251 | € 434,715 | ▼ 2% |
| Cash | € 1,598 | € 4,120 | € 1,920 | € 2,690 | ▲ 40% |
| Land & buildings | € 358,213 | € 343,958 | € 342,654 | € 327,103 | ▼ 5% |
| Retained profit | € -97,104 | € -105,606 | € -116,630 | € -122,312 | ▼ € 5,682 |
| Bank debt | € 217,713 | € 198,877 | € 179,593 | € 159,850 | ▼ 11% |
| Balance sheet total | € 360,912 | € 350,045 | € 346,222 | € 331,003 | ▼ 4% |
Key figures of SESAL IMMO, 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 SESAL IMMO?
What happened at SESAL IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,682. Source: NBB ↗
- New establishment in Plombières. KBO
- Eric LINCKENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 868 profit in 2022 to € 5,682 loss in 2025.
Best year ever: 2022, with € 868 profit.
Management
Behind SESAL IMMO is Eric LINCKENS.
Directors
According to the 2025 annual accounts
Eric LINCKENS
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Rue d'Aubel 49
4852 Plombières
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0554.937.097
- VAT number
- BE 0554.937.097
- Registered office
- Rue d'Aubel 49, 4852 Plombières
- Names & denominations
- SESAL IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2014
- Peppol
- Active · Active since 30 Oct 2025
- Contact
- [email protected]