SEA MATTERS
ActiveSEA MATTERS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency25▼-75
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025Age of the figures
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-7
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 · 10 filingsDeviation from the deadline
2025
4 d early
2024
3 d early
2023
8 d early
2022
on the day
2021
3 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-7
2024 · €6k
2018: €1k
2019: €11k
2020: €25k
2021: €45k
2022: €29k
2023: €13k
2024: €6k
2018 → 2025
Total assets
€3k▼ 52.6%
2024 · €6k
2018: €24k
2019: €45k
2020: €52k
2021: €70k
2022: €39k
2023: €14k
2024: €6k
2018 → 2025
Net result
€-6k▲ 23.2%
2024 · €-7k
2018: €1k
2019: €10k
2020: €14k
2021: €19k
2022: €-16k
2023: €-16k
2024: €-7k
2018 → 2025
Working capital
€-655
2024 · €4k
2018: €-1k
2019: €18k
2020: €23k
2021: €39k
2022: €28k
2023: €12k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€29k▼ 35.4%€13k▼ 55.1%€6k▼ 56.6%€-7
Operating result€30k-€-15k€-15k▼ 2.2%€-7k▲ 51.2%€-5k▲ 26.7%
Net result€19k-€-16k€-16k▼ 0.4%€-7k▲ 53.8%€-6k▲ 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 €5k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€648▼ 50.4%
Current assets
€2k▼ 53.3%
Key figures and ratios
EBITDA
€-5k
Cash flow
€-5k
Interest coverage
-15.33
Debt
€3k▲
2024 · €124
Debt ≤ 1 year
€3k▲
2024 · €124
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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€6k€3k▼
Fixed assets21/28€1k€648▼
Tangible fixed assets22/27€1k€648▼
Plant, machinery and equipment23€1k€648▼
Furniture and vehicles24€281-
Current assets29/58€4k€2k▼
Amounts receivable within one year40/41€1k€415▼
Trade receivables40€245-
Other amounts receivable41€917€415▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€6k€3k▼
Equity10/15€6k€-7▼
Contributions10/11€7k€7k=
Reserves13€43k€43k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-45k€-51k▼
Amounts payable17/49€124€3k▲
Amounts payable within one year42/48€124€3k▲
Trade debts44-€607
Suppliers440/4-€607
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€124€124=
Taxes450/3€124€124=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€377
Other operating charges640/8€115€513▲
Gross operating margin9900€-7k€-4k▲
Operating profit (loss)9901€-7k€-5k▲
Financial charges65/66B€89€322▲
Recurring financial charges65€89€322▲
Profit (loss) for the period before taxes9903€-7k€-6k▲
Profit (loss) for the period9904€-7k€-6k▲
Profit (loss) for the period to be appropriated9905€-7k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-51k▼
Profit (loss) brought forward from the previous period14P€-38k€-45k▼
The notes to these accounts (6 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
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 35.75
Current ratio from 13.16 to 35.75; short-term debt falls from €959 to €124.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 13.16
Current ratio from 3.85 to 13.16; short-term debt falls from €10k to €959.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €19k ▲36.4%
Operating result €30k, net result €19k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 86 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 2014
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.
Prof. Mac Leodplein 38400 OostendeGround area
428 m²
Building footprint
178 m²
Volume, LiDAR
1,907 m³
Parcel 35384A0023/00X008, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sea Matters
since 20142.229.316.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0023/00X008 | Flanders | 428 m² | 1 · 178 m² | 16.3 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 316 EUR awarded · 316 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 316 EUR | 316 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 16,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.