S.E.A.D.E.X
ActiveS.E.A.D.E.X has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €21k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-28
Solvency32▼-10
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.2 in 2024; short-term debt: 92.9% and cash: 20.7% of total assets), and 92.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 4860 sector peers (2025).
NBB · sector comparisonPosition among 4860 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
73 d early
2023
27 d late
2022
4 d late
2021
18 d late
2020
26 d late
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k▼ 49.9%
2024 · €42k
2019: €41k
2020: €-61k
2021: €-44k
2022: €69k
2023: €34k
2024: €42k
2019 → 2025
Working capital
€35k▼ 20.5%
2024 · €45k
2019: €67k
2020: €7k
2021: €-37k
2022: €32k
2023: €32k
2024: €45k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-36k-€33k€33k▲ 0.4%€45k▲ 38.0%€36k▼ 20.8%
Operating result€-39k-€73k€38k▼ 47.6%€61k▲ 58.9%€33k▼ 45.2%
Net result€-44k-€69k€34k▼ 50.5%€42k▲ 24.2%€21k▼ 49.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €503k
Fixed assets
€450=
Current assets
€503k▲ 84.9%
Equity and liabilities €503k
Equity
€36k▼ 20.8%
Debt
€468k▲ 106%
The debt ratio rises from 83.5% to 92.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
7.1%▼
2024 · 16.5%
Current ratio
1.08▼
2024 · 1.20
Quick ratio
0.75▼
2024 · 1.20
Debt / equity
13.12▲
2024 · 5.05
ROE
59.6%▼
2024 · 94.1%
ROA
4.2%▼
2024 · 15.6%
Debt
€468k▲
2024 · €228k
Debt ≤ 1 year
€468k▲
2024 · €228k
Income taxes
€8k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€273k€503k▲
Fixed assets21/28€450€450=
Financial fixed assets28€450€450=
Current assets29/58€272k€503k▲
Stocks and contracts in progress3-€150k
Stocks30/36-€150k
Amounts receivable within one year40/41€29k€249k▲
Trade receivables40€28k€248k▲
Other amounts receivable41€1k€811▼
Cash at bank and in hand54/58€243k€104k▼
Equity and liabilities
Total equity and liabilities10/49€273k€503k▲
Equity10/15€45k€36k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€25k€15k▼
Amounts payable17/49€228k€468k▲
Amounts payable within one year42/48€228k€468k▲
Trade debts44€193k€400k▲
Suppliers440/4€193k€400k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€30k€60k▲
Accrued charges and deferred income492/3-€237
Income statement
Code20242025
Other operating charges640/8€384€387▲
Gross operating margin9900€61k€34k▼
Operating profit (loss)9901€61k€33k▼
Financial charges65/66B€4k€4k=
Recurring financial charges65€4k€4k=
Profit (loss) for the period before taxes9903€57k€29k▼
Income taxes67/77€14k€8k▼
Profit (loss) for the period9904€42k€21k▼
Profit (loss) for the period to be appropriated9905€42k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€46k▼
Profit (loss) brought forward from the previous period14P€12k€25k▲
Profit to be distributed694/7€30k€31k▲
Return on contributions (dividend)694€30k€31k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 4 days late
31-03
Financial
Back to profitnet €69k
Net result €69k after 2 loss-making years.
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
31-03
Financial
Weakest financial yearnet €-61k ▼248%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Follet(K) 107540 TournaiGround area
4,951 m²
Building footprint
1,527 m²
Volume, LiDAR
19,392 m³
Parcel 57042C0786/00M002, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
S.E.A.D.E.X.
since 20082.174.124.643
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042C0786/00M002 | Wallonia | 4,951 m² | 1 · 1,527 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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GARAGE LINTHOUT
BE 0461.008.039
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WV Trading
BE 0737.863.756
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D & N
BE 0464.371.761
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ALTERNATIVE PARTS
BE 0763.731.874
Namur · Eq €37k
Of 1,746 companies in sector 46720 we hold annual accounts for 1,084. 456 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2008
Fiscal year end31-03
Activities, NACEBEL
45310
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.