S.E.E.Performance Engineering
ActiveSummary
S.E.E.Performance Engineering has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€431,351) and a net result of -€34,601. Equity is shrinking by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.25 in 2024; cash: 1.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
-676.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€431,351
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
8 d early
2023
29 d early
2022
79 d late
2021
26 d late
2020
40 d early
2019
86 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€431,351▼ 8.7%
2024 · -€396,750
Total assets
€5,117▼ 89.7%
2024 · €49,515
Net result
-€34,601▲ 40.2%
2024 · -€57,858
Working capital
-€181,848▼ 23.2%
2024 · -€147,604
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€100,826▲ 47.6%-€9,985▲ 90.1%-€73,556▼ 637%-€57,755▲ 21.5%-€34,563▲ 40.2%
Net result-€100,651▲ 49.7%-€11,849▲ 88.2%-€72,069▼ 508%-€57,858▲ 19.7%-€34,601▲ 40.2%
Equity-€267,972▼ 60.2%-€279,822▼ 4.4%-€338,891▼ 21.1%-€396,750▼ 17.1%-€431,351▼ 8.7%
Total assets€102,016▼ 59.2%€74,597▼ 26.9%€66,670▼ 10.6%€49,515▼ 25.7%€5,117▼ 89.7%
Debt€369,988▼ 11.4%€354,418▼ 4.2%€405,561▲ 14.4%€446,265▲ 10.0%€436,467▼ 2.2%
Working capital-€47,509-€55,613▼ 17.1%-€107,254▼ 92.9%-€147,604▼ 37.6%-€181,848▼ 23.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34,563 in 2025 against €57,755 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5,117
Fixed assets
€497 ▼ 41.9%
Current assets
€4,620 ▼ 90.5%
Key figures and ratios
EBITDA
-€34,205▲
2024 · -€57,536
Cash flow
-€34,243▲
2024 · -€57,640
Current ratio
0.02▼
2024 · 0.25
Debt to equity
-1.01▲
2024 · -1.12
ROA
-676.3%▼
2024 · -116.9%
Interest coverage
-3570.49▼
2024 · -553.76
Debt ≤ 1 year
€186,467▼
2024 · €196,265
Debt > 1 year
€250,000=
2024 · €250,000
Income taxes
€28
A ratio outside any meaningful range has been withheld (balance sheet total €5,117, equity -€431,351).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,035 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €100 | €18,840 | ▲ 18,767% |
| Remuneration, social security and pensions62 | €36,511 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,759 | €3,960 | €7,428 | €219 | €358 | ▲ 63.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €10,778 | - |
| Other operating charges640/8 | €1,626 | €527 | €493 | €505 | €520 | ▲ 2.8% |
| Non-recurring operating charges66A | - | €1,872 | €0 | - | €27,992 | - |
| Gross operating margin9900 | -€53,930 | -€3,626 | -€65,635 | -€57,030 | €5,084 | ▲ 109% |
| Operating profit (loss)9901 | -€100,826 | -€9,985 | -€73,556 | -€57,755 | -€34,563 | ▲ 40.2% |
| Financial income75/76B | €1,792 | €0 | €1,930 | - | - | - |
| Recurring financial income75 | €1,792 | €0 | €1,930 | - | - | - |
| Financial charges65/66B | €1,323 | €1,615 | €225 | €104 | €10 | ▼ 90.8% |
| Recurring financial charges65 | €1,323 | €1,615 | €225 | €104 | €10 | ▼ 90.8% |
| Profit (loss) for the period before taxes9903 | -€100,357 | -€11,599 | -€71,851 | -€57,858 | -€34,573 | ▲ 40.2% |
| Income taxes67/77 | €294 | €250 | €218 | - | €28 | - |
| Profit (loss) for the period9904 | -€100,651 | -€11,849 | -€72,069 | -€57,858 | -€34,601 | ▲ 40.2% |
| Profit (loss) for the period to be appropriated9905 | -€100,651 | -€11,849 | -€72,069 | -€57,858 | -€34,601 | ▲ 40.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,016 | €74,597 | €66,670 | €49,515 | €5,117 | ▼ 89.7% |
| Fixed assets21/28 | €29,536 | €25,791 | €18,363 | €855 | €497 | ▼ 41.9% |
| Intangible fixed assets21 | €1,900 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €27,636 | €25,791 | €18,363 | €855 | €497 | ▼ 41.9% |
| Plant, machinery and equipment23 | €2,257 | €6,772 | €4,401 | €855 | €497 | ▼ 41.9% |
| Furniture and vehicles24 | €20,013 | €19,018 | €13,961 | - | - | - |
| Other tangible fixed assets26 | €5,366 | €0 | - | - | - | - |
| Current assets29/58 | €72,480 | €48,806 | €48,307 | €48,661 | €4,620 | ▼ 90.5% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Stocks and contracts in progress3 | €5,396 | €5,162 | €4,904 | - | - | - |
| Stocks30/36 | €5,396 | €5,162 | €4,904 | - | - | - |
| Amounts receivable within one year40/41 | €39,476 | €38,770 | €42,944 | €43,565 | €4,564 | ▼ 89.5% |
| Trade receivables40 | €11,157 | €10,778 | €14,952 | €14,952 | €4,327 | ▼ 71.1% |
| Other amounts receivable41 | €28,318 | €27,992 | €27,992 | €28,613 | €236 | ▼ 99.2% |
| Cash at bank and in hand54/58 | €23,649 | €1,814 | €7 | €4,834 | €56 | ▼ 98.8% |
| Deferred charges and accrued income490/1 | €3,958 | €3,061 | €452 | €261 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,016 | €74,597 | €66,670 | €49,515 | €5,117 | ▼ 89.7% |
| Equity10/15 | -€267,972 | -€279,822 | -€338,891 | -€396,750 | -€431,351 | ▼ 8.7% |
| Contributions10/11 | €6,500 | €6,500 | €19,500 | €19,500 | €19,500 | = |
| Reserves13 | €26,259 | €26,259 | €26,259 | €26,259 | €26,259 | = |
| Distributable reserves133 | €26,259 | €26,259 | €26,259 | €26,259 | €26,259 | = |
| Profit (loss) carried forward14 | -€300,731 | -€312,580 | -€384,650 | -€442,508 | -€477,109 | ▼ 7.8% |
| Amounts payable17/49 | €369,988 | €354,418 | €405,561 | €446,265 | €436,467 | ▼ 2.2% |
| Amounts payable after more than one year17 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Financial debts170/4 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Amounts payable within one year42/48 | €119,988 | €104,418 | €155,561 | €196,265 | €186,467 | ▼ 5.0% |
| Trade debts44 | €21,751 | €21,381 | €19,401 | €19,569 | €4,232 | ▼ 78.4% |
| Suppliers440/4 | €21,751 | €21,381 | €19,401 | €19,569 | €4,232 | ▼ 78.4% |
| Taxes, remuneration and social security45 | €331 | €1,897 | €741 | €277 | - | - |
| Taxes450/3 | €331 | €1,897 | €741 | €277 | - | - |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €97,906 | €81,141 | €135,419 | €176,418 | €182,236 | ▲ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€100,651 | -€11,849 | -€72,069 | -€57,858 | -€34,601 | ▲ 40.2% |
| + Depreciation and write-downs630 | €8,759 | €3,960 | €7,428 | €219 | €358 | ▲ 63.4% |
| Operating cash flow (approximation) | -€91,892 | -€7,890 | -€64,641 | -€57,640 | -€34,243 | ▲ 40.6% |
| Investment in fixed assets (approximation) | - | -€214 | €0 | €17,289 | €0 | ▼ 100% |
| Change in cash | - | -€21,836 | -€1,807 | €4,827 | -€4,778 | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 79 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€200,080
Net result drops to -€200,080, the lowest in the series; recovery starts the following year.
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schilde · 1 establishment unit since 2018
Ground area
9,763 m²
Building footprint
408 m²
Parcel 11039A0171/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
S.E.E.Performance Engineering
since 20182.280.678.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0171/00H000 | Flanders | 9,763 m² | 1 · 408 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,535 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
47770Retail sale of watches and jewellery
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0704753696
Also
9925:BE0704753696
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.