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Sea Shopping

Active
Private limited companyfounded 2019active for 6 yearsFabriekweg(EER) 5, 8480 Ichtegem, BelgiumKBO/BCE: BE 0737.419.140

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Sea Shopping has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €791,358. Equity has been growing by about 79% per year since 2021. Its solvency ranks better than 48% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 05-11-2019 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 2 others
Establishment unit
2.295.550.728 8480 Ichtegem, since 05-11-2019
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Spegelaere JanDirector
  • Spegelaere KristofDirector
  • Spegelaere StefaanDirector

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.7m
▲ 17.5%
Turnover
≈ €1.7m
estimated
Profit
€791,358
▲ 42.4%
Equity
€2.2m
▲ 57.2%
Total assets
€7.6m
▲ 5.0%
Filed on 16-07-2026, 15 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 2.81, cash €92,489lowers riskSize: total assets €7.6mFigures for financial year 2025 (filed on 16-07-2026)Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 54+10
equity 28.7% of total assets
Liquidity 50-1
short-term debt 11.9% · cash 1.2%
Profitability 82+4
return on assets 10.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.81 (2.06 in 2024), above the usual 1.5. Short-term debt is 11.9% and cash 1.2% of total assets. However, 71.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 49% of them on solvency, 59% on liquidity, 92% on profitability and 90% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €7.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.81, cash €92,489
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
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 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
15 days early
2024
13 days early
2023
30 days early
2022
32 days early
2021
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 19 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by total assets in Ichtegem, Real estate sectorin the Checked rankings No. 1 View
  • Positive: Equity rose in 2025from €1.4m to €2.2m ▲ 57.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Flemish supportawarded from 2023 to 2025 €65,041 View

Comparable companies

These companies have the same main activity as Sea Shopping: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.7m and €11m, founded between 2016 and 2020.

CompanyTotal assetsGross margin
Sea Shopping Ichtegem€7.6m€1.7m
LOS EDIFICIOS Anzegem€8.8m€1.6m
T&T Property Management Brussel€6.3m€2.2m
Immco.be Brasschaat€5.7m€2.1m
Les Cabanes des Dolimarts Vresse-sur-Semois€8.8m€1.1m
Zandsteen Mechelen€6.4m€1.8m
Eurynome Knokke-Heist€11.3m€1.0m
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Sea Shopping

What is the company number of Sea Shopping?
The company number of Sea Shopping is 0737.419.140. The VAT number is the same number with BE in front: BE 0737.419.140.
Where is Sea Shopping based?
The registered office is at Fabriekweg(EER) 5, 8480 Ichtegem.Company details
What does Sea Shopping do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Sea Shopping?
The legal form of Sea Shopping is Private limited company (BV).
When was Sea Shopping founded?
Sea Shopping was founded on 05-11-2019.
Is Sea Shopping still active?
Yes, Sea Shopping is an active enterprise in the KBO register.
What is the turnover of Sea Shopping?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €1.7m and 31 comparable companies (NACE 68201). It probably lies between €1.6m and €1.9m.Financials
Is Sea Shopping profitable?
In financial year 2025, Sea Shopping made a profit of €791,358.
Where can I find the annual accounts of Sea Shopping?
Sea Shopping filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Sea Shopping due?
Sea Shopping must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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