SEA - TOWN

Active

Private limited company (pre-2019)founded 199036 yrs activeItaliëlaan 40, 1050 Elsene, BelgiumKBO/BCE: BE 0440.867.572

The annual accounts of SEA - TOWN for fiscal year 2025 show a net loss of 161% of total assets. The 2025 annual accounts show equity of €426 and a net result of €-685. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 9150 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2025

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

balance sheet total too small for a liquidity verdict.

How do we compute the score and the probability?

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2025

Age of the figures

12 mo

Filed more than 90 days late

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-09-2026, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

137 d late

2023

1 d early

2022

5 d early

2021

4 d early

2020

10 d late

2019

7 d early

2018

7 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

19-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€426▼ 61.7%

2023 · €1k

2018: €-272 2019: €-143 2020: €-2k 2021: €-4k 2022: €1k 2023: €1k

2018 → 2025

Total assets

€426▼ 61.7%

2023 · €1k

2018: €2k 2019: €2k 2020: €1k 2021: €1k 2022: €3k 2023: €1k

2018 → 2025

Net result

€-685▼ 230%

2023 · €-207

2018: €2k 2019: €129 2020: €-1k 2021: €-2k 2022: €5k 2023: €-207

2018 → 2025

Working capital

€1k

2021 · €-4k

2018: €-272 2019: €-143 2020: €-2k 2021: €-4k

2018 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232025Trend

Equity€-2k-€-4k▼ 160%€1k€1k▼ 15.7%€426▼ 61.7%

Operating result€-1k-€-2k▼ 73.3%€5k€-103€-381▼ 268%

Net result€-1k-€-2k▼ 77.1%€5k€-207€-685▼ 230%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result is €-381 in 2025, compared with €-103 in 2023. Comparable figures for the intervening years are unavailable.

Key figures and ratios

2025 value · change against 2023

Income taxes

€304

Ratios withheld: a balance sheet total of €426 is too small for a meaningful ratio.

Filed annual accounts

As filed with the NBB · 2025 against 2023

Balance sheet Code20232025

Assets

Total assets20/58€1k€426▼

Current assets29/58€1k€426▼

Amounts receivable within one year40/41€603€367▼

Other amounts receivable41€603€367▼

Cash at bank and in hand54/58€507€59▼

Equity and liabilities

Total equity and liabilities10/49€1k€426▼

Equity10/15€1k€426▼

Contributions10/11€19k€19k=

Capital10€19k€19k=

Issued capital100€19k€19k=

Profit (loss) carried forward14€-17k€-18k▼

Income statement Code20232025

Other operating charges640/8€651€26▼

Gross operating margin9900€548€-354▼

Operating profit (loss)9901€-103€-381▼

Financial income75/76B-€108

Recurring financial income75-€108

Financial charges65/66B€104€108▲

Recurring financial charges65€104€108▲

Profit (loss) for the period before taxes9903€-207€-381▼

Income taxes67/77-€304

Profit (loss) for the period9904€-207€-685▼

Profit (loss) for the period to be appropriated9905€-207€-685▼

Appropriation of the result

Profit (loss) to be appropriated9906€-17k€-18k▼

Profit (loss) brought forward from the previous period14P€-17k€-17k▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 30-04-2027

2026

14-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 137 days late

2024

29-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

25-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-09

Financial Back to profitnet €5k

Net result €5k after 2 loss-making years.

30-09

Financial Liquidity times 7current ratio 2.01

Current ratio from 0.27 to 2.01; short-term debt falls from €5k to €1k.

26-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-09

Financial Weakest financial yearnet €-2k

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

10-05

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 10 days late

2020

23-04

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

23-04

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

02-05

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 2 days late

2017

28-03

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2015

18-03

NBB filing Annual accounts filed

fiscal year 2014 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Elsene · 1 establishment unit since 1991

establishment The establishment unit on the map

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.

Italiëlaan 401050 Elsene

Ground area

1,644 m²

Building footprint

1,445 m²

Volume, LiDAR

24,934 m³