ACTIVE

SEMSA

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Financial year 2025 · closed on 31/12/2025

Net result

-35,9 k €

-43.3% YoY

Gross margin

-297,4 €

+97.0% YoY

Equity

-99 k €

-57.0% YoY

What does SEMSA do?

SEMSA is a Private limited company incorporated in 1998. Its registered office is in Saint-Josse-ten-Noode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.568.848

Incorporation

30/01/1998

Legal form

Private limited company

Registered office

Chaussée de Haecht 84
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	-297,4 €	+97.0%	-10 k €	-56.4%	-6,4 k €	-525%	-1 k €	+28.4%	-1,4 k €	-119%	7,4 k €	-37.8%	11,8 k €	-30.3%	17 k €	-43.2%	29,8 k €	+102%	14,7 k €	-40.1%	24,6 k €	-51.0%	50,2 k €	+16.4%	43,1 k €	+21.5%	35,5 k €	-4.0%	37 k €	+10.7%	33,4 k €	-11.3%	37,7 k €
EBITDA	-8,2 k €	+57.0%	-19 k €	+73.5%	-71,6 k €	-145%	-29,3 k €	-675%	-3,8 k €	-186%	4,4 k €	-50.8%	8,9 k €	-36.8%	14,1 k €	-48.1%	27,1 k €	+125%	12 k €	-45.1%	21,9 k €	-50.4%	44,3 k €	+9.1%	40,6 k €	+23.0%	33 k €	-4.5%	34,6 k €	+5.1%	32,9 k €	-10.5%	36,8 k €
Operating result	-34,6 k €	-51.9%	-22,8 k €	+68.2%	-71,6 k €	-145%	-29,3 k €	-381%	-6,1 k €	+47.9%	-11,7 k €	-63.4%	-7,2 k €	-263%	-2 k €	-118%	11,1 k €	+378%	-4 k €	-167%	6 k €	-79.3%	29 k €	+6.5%	27,3 k €	+38.5%	19,7 k €	-2.8%	20,2 k €	+9.0%	18,6 k €	-14.0%	21,6 k €
Net result	-35,9 k €	-43.3%	-25,1 k €	+65.0%	-71,6 k €	-144%	-29,3 k €	-376%	-6,2 k €	+47.7%	-11,8 k €	-56.4%	-7,5 k €	-724%	-913,9 €	-112%	7,4 k €	+237%	-5,4 k €	-220%	4,5 k €	-73.4%	17,1 k €	+4.2%	16,4 k €	+46.8%	11,2 k €	+8.1%	10,3 k €	+15.6%	8,9 k €	-32.8%	13,3 k €
Balance sheet
Equity	-99 k €	-57.0%	-63,1 k €	-65.9%	-38 k €	-213%	33,6 k €	-46.6%	62,9 k €	-23.6%	82,4 k €	-12.5%	94,2 k €	-7.4%	101,7 k €	-0.9%	102,6 k €	+7.8%	95,2 k €	-5.4%	100,6 k €	-27.9%	139,5 k €	+14.0%	122,4 k €	+37.1%	89,3 k €	+14.3%	78,1 k €	+15.2%	67,8 k €	+15.2%	58,8 k €
Total assets	305,8 k €	+66.6%	183,6 k €	+196%	62 k €	-8.5%	67,8 k €	-6.6%	72,5 k €	-20.1%	90,8 k €	-15.9%	108,1 k €	-13.2%	124,5 k €	-6.5%	133,1 k €	-6.4%	142,3 k €	-5.9%	151,2 k €	-10.0%	168 k €	-6.2%	179,1 k €	-9.2%	197,3 k €	-7.2%	212,6 k €	-5.3%	224,5 k €	-6.3%	239,7 k €
Cash	10,5 k €	+728%	1,3 k €	+5998%	20,8 €	-99.7%	6,9 k €	-40.9%	11,6 k €	-44.9%	21,1 k €	-8.1%	23 k €	-1.9%	23,4 k €	+46.6%	16 k €	+139%	6,7 k €	+292%	1,7 k €	+249%	488 €	-93.8%	7,9 k €	+1407%	523,3 €	-18.0%	638,4 €	+37.8%	463,4 €	-35.3%	716,4 €
Debts	404,8 k €	+64.1%	246,7 k €	+147%	100 k €	+193%	34,2 k €	+369%	7,3 k €	-13.8%	8,5 k €	-39.2%	13,9 k €	-39.2%	22,9 k €	-25.2%	30,5 k €	-35.2%	47,1 k €	-6.8%	50,6 k €	+77.0%	28,6 k €	-49.6%	56,7 k €	-47.5%	108 k €	-19.7%	134,5 k €	-14.2%	156,7 k €	-13.3%	180,9 k €

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

MEHMET PALA

Mandate

Active

OMER PALA

Mandate

Active

Ended mandates

Ahmet SERHADLIOGLU

Director · since 23 janvier 2013

Ended

Anne VANDEVOORDE

Director · since 23 janvier 2013

Ended

Ahmet Serhadlioglu

Managing director · since 27 mai 2011 · until 27 mai 2017

Ended

Anne Vandervoorde

Director · since 27 mai 2011 · until 27 mai 2017

Ended

At this address

Other companies at this address

Company	CBE no.
Patrie-Patria● Active	0410.480.838

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/08/2026	01/07/2025	03/10/2024	10/05/2023	24/06/2022	01/06/2021
General meeting	27/06/2026	27/06/2025	17/07/2024	09/05/2023	24/06/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	04/08/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	01/07/2025	French	PDF
Micro model	31/12/2023	17/07/2024	03/10/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	10/05/2023	French	PDF
Micro model	31/12/2021	24/06/2022	24/06/2022	French	PDF
Micro model	31/12/2020	28/05/2021	01/06/2021	French	PDF
Micro model	31/12/2019	22/05/2020	14/08/2020	French	PDF
Micro model	31/12/2018	24/05/2019	21/06/2019	French	PDF
Micro model	31/12/2017	25/05/2018	16/07/2018	French	PDF
Micro model	31/12/2016	26/05/2017	10/06/2017	French	PDF
Abridged model	31/12/2015	19/07/2016	17/08/2016	French	PDF
Abridged model	31/12/2014	07/07/2015	03/08/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	23/07/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	16/08/2012	28/08/2012	French	PDF
Abridged model	31/12/2009	30/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	27/11/2009	06/01/2010	French	PDF
Abridged model	31/12/2007	30/05/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

MEHMET PALA

Mandate

Active

OMER PALA

Mandate

Active

Ended mandates

Ahmet SERHADLIOGLU

Director · since 23 janvier 2013

Ended

Anne VANDEVOORDE

Director · since 23 janvier 2013

Ended

Ahmet Serhadlioglu

Managing director · since 27 mai 2011 · until 27 mai 2017

Ended

Anne Vandervoorde

Director · since 27 mai 2011 · until 27 mai 2017

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-35,9 k €↓
2024
Annual accounts 2024-25,1 k €↑
2023
Annual accounts 2023-71,6 k €↓
2022
Annual accounts 2022-29,3 k €↓
2021
Annual accounts 2021-6,2 k €↑
2018
Annual accounts 2018-11,8 k €↓
2017
Annual accounts 2017-7,5 k €↓
2016
Annual accounts 2016-913,9 €↓
2015
Annual accounts 20157,4 k €↑
2014
Annual accounts 2014-5,4 k €↓
2013
Annual accounts 20134,5 k €↓
2012
Annual accounts 201217,1 k €↑
2011
Annual accounts 201116,4 k €↑
2009
Annual accounts 200911,2 k €↑
2008
Annual accounts 200810,3 k €↑
2007
Annual accounts 20078,9 k €↓
2006
Annual accounts 200613,3 k €
30/01/1998
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SEMSA

Overview

What does SEMSA do?

Trend over 17 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline