Turnover
≈ €170,000 estimated
The micro format states no turnover.
SEA WITCH
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €345,235 (2018)
€16,212▼ 61.6%
lowest -€23,656 (2006)
-€18,059▼ €19,053
peak €198,094 (2018)
€138,552▼ 11.5%
€69,456▼ 3.2%
peak 1 FTE (2009)
-not published
Board1 name since 1998
1 director
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €42,214 to €16,212Loss of €18,059Cash from €62,147 to €38,999
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Key points
from the 2025 annual accountsFilings
35 annual accounts since 1991
Nine of the last ten came late. The 2019 accounts came latest: 53 days after the end of the period.
Position in the sector
-€18,059
Lower net result than 86% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as SEA WITCH has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,322 companies, not a prediction for SEA WITCH. 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
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Signals
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0443949006
Resignation: (manager)
Reappointment: (director) · Director discharge: · General meeting of 02-10-2023 · Gazette deed
Registered office moved from Zuienkerke to Zeebrugge
New registered office: Noordhinderstraat 16- 8380 Zeebrugge · Previous registered office: Blankenbergsesteenweg 49, 8377 Zuienkerke · General meeting of 17-05-2018 · Gazette deed
Purpose change
“De uitbating van een drankgelegenheid,verbruikssalon,tea-room,café,cafetaría,restaurant,snackbar en/of…” (deed in Dutch) · 750 shares · Capital of €18,592.01 · General meeting of 13-11-2017 · Gazette deed
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Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as SEA WITCH: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €211,000 and €307,000, founded between 1984 and 1995.
Official details
Source: KBO- Status
- Active since 29-04-1991Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.052.706.4768380 Bruges, since 08-05-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Annual accounts 2025
- €257,853▼ 8.7%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on SEA WITCH
SEA WITCH files the micro format. That format states no turnover. The gross margin rose from €15,997 in 2006 to €16,212 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SEA WITCH
- What is the company number of SEA WITCH?
- The company number of SEA WITCH is 0443.949.006. The VAT number is the same number with BE in front: BE 0443.949.006.
- Where is SEA WITCH based?
- The registered office is at Noordhinderstraat 16, 8380 Bruges.Company details
- What does SEA WITCH do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of SEA WITCH?
- SEA WITCH is a private limited company (BV).
- When was SEA WITCH founded?
- SEA WITCH was founded on 29-04-1991.
- Is SEA WITCH still active?
- Yes, SEA WITCH is an active enterprise in the KBO register.
- How many employees does SEA WITCH have?
- SEA WITCH had an average of 0.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of SEA WITCH?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €16,212 and 89 comparable companies (NACE 56111). It probably lies between €84,000 and €350,000. It is a rough estimate.
- Is SEA WITCH profitable?
- In financial year 2025, SEA WITCH made a loss of €18,059.
- Where can I find the annual accounts of SEA WITCH?
- SEA WITCH filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SEA WITCH due?
- SEA WITCH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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