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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Senes Construct from Waregem, company number BE0666821253, closed financial year 2025 with a result of € -99,334 after tax. For that financial year Senes Construct recorded a gross margin of € -60,279 and equity of € -692,242. Compared with financial year 2024, the result moved from € 31,573 to € -99,334. 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 June 1, 2026.
€ -692,242
▼ € 99,334 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -99,334
▼ still € 31,573 profit in 2024
Profit after tax over the fiscal year.
€ 302,287
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -882,242.
Debts at end 2025
€ 574,000
Loans from banks and other lenders, long and short.
€ 135,227
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -793,070 | € -36,608 | € 68,091 | € -60,279 | ▼ € 128,370 |
| Profit after taxes | € -789,266 | € -34,559 | € 31,573 | € -99,334 | ▼ € 130,907 |
| Equity | € -589,922 | € -624,480 | € -592,907 | € -692,242 | ▼ € 99,334 |
| Total debts | € 2,299,527 | € 1,608,240 | € 1,047,452 | € 1,022,998 | ▼ 2% |
| Cash | € 931,273 | € 124,568 | € 426,543 | € 302,287 | ▼ 29% |
| Retained profit | € -779,922 | € -814,480 | € -782,907 | € -882,242 | ▼ € 99,334 |
| Bank debt | € 932,000 | € 932,000 | € 574,000 | € 574,000 | |
| Balance sheet total | € 1,709,606 | € 983,760 | € 454,544 | € 330,756 | ▼ 27% |
Key figures of Senes Construct, 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 Senes Construct?
What happened at Senes Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Davy Demuynck stepped down as director. NBB
- Cushfield Development BV stepped down as director. NBB
- Nathalie Deleu stepped down as director. NBB
- Kristof Vanfleteren stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 99,334 (▼ € 130,907 vs 2024). Source: NBB ↗
- Davy Demuynck became a director. NBB
- Cushfield Development BV became a director. NBB
- Nathalie Deleu became a director. NBB
In short
From € 789,266 loss in 2022 to € 99,334 loss in 2025.
Paid € 1,895 in corporate taxes since 2022.
Best year ever: 2024, with € 31,573 profit.
Management
The stake of Premier Development Fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Senes ConstructThe shares are held by Premier Development Fund (50%).
Directors
According to the 2025 annual accounts
Director · represented by Ouassif Nordin
Also active at: Senes Land, Senes AW, SMART HEALTHCARE CONSULTING SERVICES
since 2023 · until 2028
since 2023 · until 2028
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2025 · until 2029
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2023 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0666.821.253
- VAT number
- BE 0666.821.253
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- Senes Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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