S-Ceylan
The computed 12-month bankruptcy probability of S-Ceylan is 7.0% (elevated). The 2025 annual accounts show negative equity (€-40k) and a net result of €-4k. Equity is shrinking by ~39.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 407 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-40k |
| Net result | €-4k |
| Better than sector | 5% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1785.3% | 30.5% | |
| Net result | €-4k | €10k | |
| Equity | €-40k | €26k | |
| Gross operating margin | €-2k | €50k | |
| Total assets | €2k | €116k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-3k |
| Net profit | €-4k |
| Cash flow | €-3k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2k |
| Equity | €-40k |
| Debt | €42k |
| of which ≤ 1y | €42k |
| of which > 1y | - |
| Working capital | €-41k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -1838.4% |
| Solvency | -1785.3% |
| Debt / equity | -1.06 |
| Long-term debt ratio | - |
| Interest coverage | -36.28 |
| Gross margin | - |
| Net margin | - |
| ROA | -194.0% |
| ROE | 10.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2k |
| Fixed assets | 21/28 | €987 |
| Formation expenses | 20 | €190 |
| Tangible fixed assets | 22/27 | €987 |
| Current assets | 29/58 | €1k |
| Amounts receivable within one year | 40/41 | €600 |
| Cash & bank | 54/58 | €394 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2k |
| Equity | 10/15 | €-40k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-43k |
| Amounts payable | 17/49 | €42k |
| Amounts payable within one year | 42/48 | €42k |
| Trade debts payable within one year | 44 | €693 |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €82 |
| Result before taxes | 9903 | €-4k |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
-
Current08-05-2026 → present
| NACE primary | Land transport(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 22-10-2021 |
| Status | Active |
| Postal code | 1982 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23018E0219/00D006 | Flanders | 519 m² | 1 · 84 m² | 6.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-05-2026 General meeting · Officer resignation · Officer discharge · Officer appointment
- Filing: 2026-04-28 · S-Seylan
- Publication: 2026-05-08 · S-Seylan
- General meeting: 2026-04-21 · S-Seylan
- Officer resignation: 2026-04-21 · Ceylan Sedef
- Officer discharge: 2026-04-21 · Ceylan Sedef
- Officer appointment: 2026-04-21 · Barseghyan Armen
- Seat change: to: Marjoleinstraat 18 - 1982 Zemst, from: Barnkrachtstraat 36 - 2170 Antwerpen, effective_date: 2026-04-21 · S-Seylan
- Share transfer: 2026-04-21 · Barseghyan Armen
- Act object: Ontslag en benoeming bestuurder, aandelen, zetel
Technical details
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},
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},
{
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},
{
"type": "officer_appointment",
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{
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},
{
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]
}26-10-2021 Incorporation of a new BV
Technical details
{
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"seat": "2170 Merksem, Barnkrachtstraat 36",
"schema": "v3.2",
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"founders": [
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"dob": "1999-06-21",
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"niss": null,
"address": "2170 Antwerpen (Merksem), Overhout 18"
},
"share_class": "Ordinary",
"partner_role": null,
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"contribution_type": "cash",
"amount_paid_in_eur": 3000,
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"incorporation_date": "2021-10-22",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | S-Ceylan |