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S.E.E.Performance Engineering

Active Private limited company (pre-2019)founded 2018active for 8 yearsWaterstraat 359, 2970 SchildeKBO/BCE: BE 0704.753.696

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €46,720 (2019)
€5,084▲ €62,114
lowest -€200,080 (2020)
-€34,601▲ €23,257
peak €32,759 (2019)
-€431,351▼ €34,601
€436,467▼ 2.2%
Board1 name since 2018
1 director
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from -€57,030 to €5,084Loss of €34,601Cash from €4,834 to €56

Key points

from the 2025 annual accounts

Equity

-€431,351
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€477,109 in six years
-200,0802020-100,6512021-11,8492022-72,0692023-57,8582024-34,6012025

Every financial year from 2020 to 2025 closed with a loss. 2020 was the heaviest.

Turnover

≈ €23,000 estimated

The micro format states no turnover.

Debts

€436,467 8,530% of the balance sheet
Financial debts 57%Suppliers 1%Other 42%

Of this, €186,467 falls due within a year.

Filings

7 annual accounts 2 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 79 days after the end of the period.

Position in the sector

-8430.4%

Lower solvency than 95% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,007 companies had the same profile as S.E.E.Performance Engineering has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,007 companies, not a prediction for S.E.E.Performance Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
  • 38 sharesdeed of 21-09-2018
  • 39 sharesdeed of 21-09-2018
  • 23 sharesdeed of 21-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0704753696
Incorporation Founding capital of €19,500, 100 shares, €6,500 paid up · Founders: (partner); (partner); (partner) · Appointment: (manager) · published on 21-09-2018 · Gazette deed
First establishment Waterstraat 359, Schilde
All 11 events

Comparable companies

same main activity, similar in size and age
Company
S.E.E.Performance Engineering Schilde €5,117 €5,084 -8430.4% -
REAL ESTATE CONSULTING Gembloux €5,811 €4,834 -88.5% -
Darwin Design Kontich €6,271 €4,063 -25.2% -
LG ENGINEERING Theux €7,089 €4,605 77.0% -
MIV4N Anzegem €5,127 €8,285 -1437.0% -
On1e Solutions Lochristi €2,888 €5,308 -125.2% -
NORDSUP Herstal €3,883 €10,998 100.0% -

These companies have the same main activity as S.E.E.Performance Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €2,890 and €7,090, founded between 2015 and 2020.

Official details

Source: KBO
Status
Active since 19-09-2018Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
Establishment unit
2.280.678.5492970 Schilde, since 19-09-2018
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

€5,084
€34,601▼ 40.2%
-€431,351▼ 8.7%
€5,117▼ 89.7%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on S.E.E.Performance Engineering

S.E.E.Performance Engineering files the micro format. That format states no turnover. The gross margin fell from €46,720 in 2019 to €5,084 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-07-2026, 4 days before the deadline
€5,084
▲ €62,114
-€34,563
▲ €23,191
-€34,601
▲ €23,257
-€181,848
▼ €34,243
-
0.02
▼ 0.22

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €23,000. Estimated: probably between €16,000 and €43,000.

Balance sheet

balance sheet total €5,117 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-

Lower than 95% of 11,512 companies in 2024.

0.02

Lower than 95% of 11,952 companies in 2025.

-676.3%

Lower than 95% of 12,047 companies in 2025.

S.E.E.Performance Engineering Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 5,11749,51566,67074,597102,016250,322381,709
21/28 49785518,36325,79129,53612,84412,863
21 ---01,9003,0404,180
22/27 49785518,36325,79127,6369,8048,683
23 4978554,4016,7722,2572,921-
24 --13,96119,01820,0135691,422
26 ---05,3666,3137,260
29/58 4,62048,66148,30748,80672,480237,478368,847
29 ----015,885-
291 ----015,885-
3 --4,9045,1625,3965,4275,427
30/36 --4,9045,1625,3965,4275,427
40/41 4,56443,56542,94438,77039,476148,27747,057
40 4,32714,95214,95210,77811,157123,97244,700
41 23628,61327,99227,99228,31824,3052,357
54/58 564,83471,81423,64959,549305,291
490/1 -2614523,0613,9588,34011,072
Balance sheet: equity and liabilities
10/49 5,11749,51566,67074,597102,016250,322381,709
10/15 -431,351-396,750-338,891-279,822-267,972-167,32232,759
10/11 19,50019,50019,5006,5006,5006,5006,500
100 ------19,500
101 ------13,000
13 26,25926,25926,25926,25926,25926,25926,259
133 26,25926,25926,25926,25926,25926,25926,259
14 -477,109-442,508-384,650-312,580-300,731-200,080-
17/49 436,467446,265405,561354,418369,988417,644348,951
17 250,000250,000250,000250,000250,000250,000250,000
170/4 250,000250,000250,000250,000250,000250,000250,000
42/48 186,467196,265155,561104,418119,988167,64498,951
44 4,23219,56919,40121,38121,751121,22855,007
440/4 4,23219,56919,40121,38121,751121,22855,007
45 -2777411,89733116,09614,096
450/3 -2777411,89733114,09614,096
454/9 ----02,000-
47/48 182,236176,418135,41981,14197,90630,31929,848
Income statement
76A 18,840100-----
9900 5,084-57,030-65,635-3,626-53,930-140,06446,720
62 ---036,51148,9331,200
630 3582197,4283,9608,7593,3403,921
631/4 10,778------
640/8 5205054935271,626100591
66A 27,992-01,872---
9901 -34,563-57,755-73,556-9,985-100,826-192,43641,008
75/76B --1,93001,7921,0180
75 --1,93001,7921,0180
65/66B 101042251,6151,3238,662653
65 101042251,6151,3238,662653
9903 -34,573-57,858-71,851-11,599-100,357-200,08040,355
67/77 28-218250294-14,096
9904 -34,601-57,858-72,069-11,849-100,651-200,08026,259
9905 -34,601-57,858-72,069-11,849-100,651-200,08026,259
Appropriation of the result
9906 -477,109-442,508-384,650-312,580-300,731-200,08026,259
14P -442,508-384,650-312,580-300,731-200,080--
691/2 ------26,259
6921 ------26,259
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 27-07-2026 2026-00335160 PDF
31-12-2024 micro format 23-07-2025 2025-00300565 PDF
31-12-2023 micro format 02-07-2024 2024-00194838 PDF
31-12-2022 micro format 18-10-2023 2023-00487855 PDF
31-12-2021 micro format 26-08-2022 2022-20322922 PDF
31-12-2020 micro format 21-06-2021 2021-21900155 PDF
31-12-2019 micro format 06-05-2020 2020-11500391 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
-34,205-57,536-66,129-6,025-92,067-189,09744,929
-34,243-57,640-64,641-7,890-91,892-196,74130,179
01,074020,22725,4523,32016,783
-4,7784,827-1,807-21,836-35,900-245,742-
-181,848-147,604-107,254-55,613-47,50969,835269,896
--801.3%-508.3%-375.1%-262.7%-66.8%8.6%
0.020.250.310.470.601.423.73
0.020.250.280.420.561.383.67
------10.65
------80.2%
-676.3%-116.9%-108.1%-15.9%-98.7%-79.9%6.9%
-3570.49-553.76-294.27-3.73-69.59--

A ratio outside any meaningful range has been withheld (balance sheet total €5,117, equity -€431,351).

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,074-€20,227€25,452
€358€219€7,428€3,960€8,759

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on S.E.E.Performance Engineering

The operating result for 2025 is a loss of €34,563, smaller than the loss of €57,755 in 2024.

Equity is negative. Debt (€436,467) exceeds the balance-sheet total (€5,117).

Board & ownership

Board

1 director, since incorporation
Manager (not named in the articles)
appointed by deed of 21-09-2018
listed in the 2025 annual accounts, filed on 27-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Ontbinding en Vereffening. Ieder batig saldo der vereffening wordt tussen de aandeelhouders verdeeld, per aandeel berekend. Bestuur en…”
deed of 21-09-2018

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Manager (not named in the articles)
Board
Mandates as a list
    • Manager (not named in the articles), appointed by deed of 21-09-2018, still in office

See the board, name and registered office on a given date →

Control

Founders
, ,
This company
S.E.E.Performance Engineering
Equity -€431,351
Loss €34,601 in 2025

Capital

Capital
€19,500
Shares
100
Contribution per share
€195
Equity per share
-€4,314 in 2025
Source
deed of 21-09-2018

Articles of association

deed of 21-09-2018 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 18:00

Shareholders

At incorporation deed of 21-09-2018 ↗
  • 38 shares (38%)
  • 39 shares (39%)
  • 23 shares (23%)

Network & group

No group

S.E.E.Performance Engineering has no parent and no holdings in its annual accounts. is the only director. S.E.E.Performance Engineering shares no director with another company.

Timeline

Timeline

11 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0704753696
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 29 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 79 days late
2022
Annual accounts 2021 filed PDFmicro format · 26 days late
2021
Annual accounts 2020 filed PDFmicro format · 40 days before the deadline
2020
Weakest financial year net -€200,080 The net result drops to -€200,080, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2019 filed PDFmicro format · 86 days before the deadline
2018
IncorporationFounding capital of €19,500, 100 shares, €6,500 paid up · Founders: (partner); (partner); (partner) · Appointment: (manager) · published on 21-09-20185 points ▸
  • Founder, (partner)
  • Founder, (partner)
  • Founder, (partner)
  • Founding capital, €19,500, 100 shares
  • Director appointment, (manager (not named in the articles))
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment Waterstraat 359, Schilde

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

S.E.E.Performance Engineering was incorporated on 19 September 2018 by three natural persons, with a starting capital of €19,500.12 is manager of the company, appointed by deed of 21-09-2018.2 Total assets fell from €381,709 in 2019 to €5,117 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-09-2018
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0704.753.696
VAT number
BE 0704.753.696
Peppol ID
0208:0704753696
Other Peppol ID
9925:BE0704753696
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
19-09-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 18:00
deed of 21-09-2018 (in Dutch)
Peppol
Reachable since 18-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
S.E.E.Performance Engineering in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-09-2018 (in Dutch)
Name clauseThe company operates under this name according to its articles.
S.E.E. Performance Engineering
deed of 21-09-2018 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Waterstraat 359, 2970 Schilde”
deed of 21-09-2018 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
71121 Engineering activities main activity
47770 Retail trade
70210 Activities of head offices; management consultancy activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Hernieuwbare energie(biomassa,zonneboilers,fotovoltaïsch,wind); Mobiliteit(elektrische en hybride voertuigen,duurzame brandstoffen); Energie…”
17 activities
  1. Hernieuwbare energie(biomassa,zonneboilers,fotovoltaïsch,wind)
  2. Mobiliteit(elektrische en hybride voertuigen,duurzame brandstoffen)
  3. Energie efficiëntie(gebouwen en industrie)
  4. Energie
  5. Hernieuwbare energie
  6. Milieu
  7. Manufacturing
  8. HVAC
  9. Industrie
  10. Mobiliteit
  11. Energie
  12. Hernieuwbare energie
  13. Milieu
  14. Manufacturing
  15. HVAC
  16. Industrie
  17. Mobiliteit
deed of 21-09-2018 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Waterstraat 359 registered office 2970 Schilde 19-09-2018 2.280.678.549

Buildings and parcels at the address

Ground area
9,763 m²
Buildings
408 m²
Volume, LiDAR
1,940 m³
Tallest building
13.6 m
Buildings to scale, each on its own parcel
408 m², 13.6 m 408 m², 13.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11039A0171/00H0009,763 m² 1 · 408 m² 13.6 m · 2