S.E.D.
ActiveSummary
S.E.D. has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272,770 and a net result of -€2,470. Equity remains stable across the filed financial years (±1% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,562 in 2025 against €4,259 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €522 | €525 | €557 | €837 | €607 | ▼ 27.4% |
| Gross operating margin9900 | -€691 | -€1,387 | -€726 | -€751 | -€808 | -€1,019 | -€3,422 | -€955 | ▲ 72.1% |
| Operating profit (loss)9901 | -€1,205 | -€1,557 | -€1,246 | -€1,272 | -€1,333 | -€1,576 | -€4,259 | -€1,562 | ▲ 63.3% |
| Financial income75/76B | - | - | - | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | - | - | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €968 | €968 | €1,029 | €1,029 | €908 | ▼ 11.8% |
| Recurring financial charges65 | €303 | €1,150 | €1,815 | €968 | €968 | €1,029 | €1,029 | €908 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | -€1,507 | -€2,706 | -€3,061 | -€2,240 | -€2,301 | -€2,606 | -€5,288 | -€2,470 | ▲ 53.3% |
| Profit (loss) for the period9904 | -€1,507 | -€2,706 | -€3,061 | -€2,240 | -€2,301 | -€2,606 | -€5,288 | -€2,470 | ▲ 53.3% |
| Profit (loss) for the period to be appropriated9905 | -€1,507 | -€2,706 | -€3,061 | -€2,240 | -€2,301 | -€2,606 | -€5,288 | -€2,470 | ▲ 53.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €293,442 | €290,736 | €287,675 | €285,435 | €283,134 | €280,528 | €275,240 | €272,770 | ▼ 0.9% |
| Fixed assets21/28 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Financial fixed assets28 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Current assets29/58 | €144,706 | €142,000 | €138,939 | €136,699 | €134,398 | €131,792 | €126,504 | €124,034 | ▼ 2.0% |
| Amounts receivable within one year40/41 | - | - | - | - | - | €21 | - | - | - |
| Trade receivables40 | - | - | - | - | - | €21 | - | - | - |
| Cash at bank and in hand54/58 | €144,706 | €142,000 | €138,939 | €136,699 | €134,398 | €131,771 | €126,504 | €124,034 | ▼ 2.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €293,442 | €290,736 | €287,675 | €285,435 | €283,134 | €280,528 | €275,240 | €272,770 | ▼ 0.9% |
| Equity10/15 | €293,442 | €290,736 | €287,675 | €285,435 | €283,134 | €280,528 | €275,240 | €272,770 | ▼ 0.9% |
| Contributions10/11 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Capital10 | - | - | - | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Issued capital100 | - | - | - | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Reserves13 | €129,384 | €129,384 | €129,384 | €129,384 | €129,384 | €129,384 | €129,384 | €129,384 | = |
| Non-distributable reserves130/1 | - | - | - | €17,540 | €17,540 | €17,540 | €17,540 | €17,540 | = |
| Legal reserve130 | - | - | - | €17,540 | €17,540 | €17,540 | €17,540 | €17,540 | = |
| Distributable reserves133 | - | - | - | €111,844 | €111,844 | €111,844 | €111,844 | €111,844 | = |
| Profit (loss) carried forward14 | -€10,942 | -€13,648 | -€16,709 | -€18,949 | -€21,251 | -€23,857 | -€29,144 | -€31,614 | ▼ 8.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,507 | -€2,706 | -€3,061 | -€2,240 | -€2,301 | -€2,606 | -€5,288 | -€2,470 | ▲ 53.3% |
| Operating cash flow (approximation) | -€1,507 | -€2,706 | -€3,061 | -€2,240 | -€2,301 | -€2,606 | -€5,288 | -€2,470 | ▲ 53.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,706 | -€3,061 | -€2,240 | -€2,301 | -€2,627 | -€5,267 | -€2,470 | ▲ 53.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: not fully processed yet. The notices from December 2025 to September 2026 are still being read.