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SEA & SPACE EXPLORATION

Active
Private limited companyfounded 1999active for 27 yearsGeneraal Jacqueslaan 42, 1050 Elsene, BelgiumKBO/BCE: BE 0467.066.876

From the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SEA & SPACE EXPLORATION has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156,354 and a net result of €55,041. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 76% of 121 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 15-10-1999 Normal situation
Activity
Wired, wireless and satellite telecommunications NACE 61100and 1 other
Establishment unit
2.227.189.284 1050 Elsene, since 01-08-2013
Financial year end
31 December
Peppol
Reachable since 24-11-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€86,438
▼ 14.8%
Turnover
≈ €240,000
estimated
Profit
€55,041
▼ 14.9%
Equity
€156,354
▼ 14.3%
Total assets
€241,158
▲ 28.7%
Filed on 17-06-2026, 44 days before the deadlineat the National Bank
Score breakdownraises riskSector: Telecommunications (NACE 61)lowers riskLiquidity: current ratio 2.28, cash €93,910Founded in 1999Equity €156,354 (64.8% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in telecommunications (NACE 61)
Financial strength · tick: 2024
Strong
Solvency 90-10
equity 64.8% of total assets
Liquidity 83-17
short-term debt 35.1% · cash 38.9%
Profitability 97-3
return on assets 22.8%
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 0.8% (527 companies, NACE 61, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged 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 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 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: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.28 (28.44 in 2024), above the usual 1.5. Short-term debt is 35.1% and cash 38.9% of total assets. 35.2% 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 61, micro). It does better than 73% of them on solvency, 82% on liquidity, 80% on profitability and 28% 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 · Liquidity: current ratio 2.28, cash €93,910
NBB · annual accounts
raises risk · Sector: Telecommunications (NACE 61)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €156,354 (64.8% of total assets)
NBB · annual accounts
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
41 days early
2023
48 days early
2022
24 days early
2021
23 days early
2020
26 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 61), the median for financial year 2024 was on the deadline day, and 47% 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 20 June (5 of the last 5 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: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €55,041 7 years View

Comparable companies

These companies have the same main activity as SEA & SPACE EXPLORATION: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €203,000 and €366,000, founded between 1997 and 2005.

CompanyTotal assetsGross margin
SEA & SPACE EXPLORATION Elsene€241,158€86,438
DATABACK Merelbeke-Melle€236,956€68,289
MOUMTI Sint-Jans-Molenbeek€237,252€120,944
ADW@WORK Jette€365,568€74,240
TRADEX. Brussel€202,607€60,709
KERZREHO Etterbeek€341,201€88,839
4BetterResults.be Spiere-Helkijn€345,527€113,628
Full comparison

Documents

Annual accounts at the NBB

All 26 annual accounts

Articles and registers

Key facts about SEA & SPACE EXPLORATION

What is the company number of SEA & SPACE EXPLORATION?
The company number of SEA & SPACE EXPLORATION is 0467.066.876. The VAT number is the same number with BE in front: BE 0467.066.876.
Where is SEA & SPACE EXPLORATION based?
The registered office is at Generaal Jacqueslaan 42, 1050 Elsene.Company details
What does SEA & SPACE EXPLORATION do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of SEA & SPACE EXPLORATION?
The legal form of SEA & SPACE EXPLORATION is Private limited company (BV).
When was SEA & SPACE EXPLORATION founded?
SEA & SPACE EXPLORATION was founded on 15-10-1999.
Is SEA & SPACE EXPLORATION still active?
Yes, SEA & SPACE EXPLORATION is an active enterprise in the KBO register.
What is the turnover of SEA & SPACE EXPLORATION?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €86,438 and 1,290 comparable companies of the same size. It probably lies between €150,000 and €460,000. It is a rough estimate.Financials
Is SEA & SPACE EXPLORATION profitable?
In financial year 2025, SEA & SPACE EXPLORATION made a profit of €55,041.
Where can I find the annual accounts of SEA & SPACE EXPLORATION?
SEA & SPACE EXPLORATION filed 26 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 & SPACE EXPLORATION due?
SEA & SPACE EXPLORATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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