SEAC
ActiveSummary
The computed 12-month bankruptcy probability of SEAC is 3.1% (moderate). The 2024 annual accounts show equity of €39k and a net result of €-10k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 65% of 18936 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability10▼-70
Solvency72▼-8
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.01 against 5.32 in 2023; short-term debt: 22.6% and cash: 18.2% of total assets), but 52.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
47.4%
Return on assets
-12%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
4 d early
2022
28 d late
2021
24 d late
2020
31 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€68k▼ 14.3%
2020 · €80k
2018: €98k
2019: €124k▲ +26.8% vs 2018highest in 4 years
2020: €80k▼ -35.8% vs 2019
2021: €68k▼ -14.3% vs 2020lowest in 4 years
2018 → 2021
EBIT margin
0.6%▼ 10.7pp
2020 · 11.3%
2018: -2.4%lowest in 4 years
2019: 9.2%▲ +480% vs 2018
2020: 11.3%▲ +22.4% vs 2019highest in 4 years
2021: 0.6%▼ -94.7% vs 2020
2018 → 2021
Net result
€-10k
2023 · €8k
2018: €-2k
2019: €6k▲ +360% vs 2018
2020: €9k▲ +42.6% vs 2019highest in 7 years
2021: €-2k▼ -119% vs 2020
2022: €10▲ +101% vs 2021
2023: €8k▲ +80250% vs 2022
2024: €-10k▼ -221% vs 2023lowest in 7 years
2018 → 2024
Working capital
€37k▼ 14.1%
2023 · €43k
2018: €23klowest value
2019: €31k▲ +31.1% vs 2018
2020: €41k▲ +32.4% vs 2019
2021: €39k▼ -3.5% vs 2020
2023: €43khighest value
2024: €37k▼ -14.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€80k-€68k▼ 14.3%
2020: €80k
2021: €68k▼ -14.3% vs 2020
Equity€42k-€40k▼ 4.1%€40k=€48k▲ 20.0%€39k▼ 20.2%
2020: €42k
2021: €40k▼ -4.1% vs 2020
2022: €40k● +0.0% vs 2021
2023: €48k▲ +20.0% vs 2022highest in 5 years
2024: €39k▼ -20.2% vs 2023lowest in 5 years
Operating result€9k-€413▼ 95.4%€6k▲ 1,452%€14k▲ 118%€-5k
2020: €9k
2021: €413▼ -95.4% vs 2020
2022: €6k▲ +1452% vs 2021
2023: €14k▲ +118% vs 2022highest in 5 years
2024: €-5k▼ -139% vs 2023lowest in 5 years
Net result€9k-€-2k€10€8k▲ 80,250%€-10k
2020: €9khighest in 5 years
2021: €-2k▼ -119% vs 2020
2022: €10▲ +101% vs 2021
2023: €8k▲ +80250% vs 2022
2024: €-10k▼ -221% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €14k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81k
Fixed assets
€26k ▼ 24.5%
Current assets
€55k ▲ 4.5%
Equity and liabilities €81k
Equity
€39k ▼ 20.2%
Debt
€43k ▲ 9.3%
Debt's share of the balance-sheet total rises from 44.8% to 52.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2023 · €22k
Cash flow
€-1k▼
2023 · €16k
Current ratio
3.01▼
2023 · 5.32
Quick ratio
3.01▼
2023 · 5.31
Debt to equity
1.11▲
2023 · 0.81
ROE
-25.3%▼
2023 · 16.6%
ROA
-12.0%▼
2023 · 9.2%
Interest coverage
0.70▼
2023 · 233.96
Debt ≤ 1 year
€18k▲
2023 · €10k
Debt > 1 year
€24k▼
2023 · €29k
Staff costs
€31k▼
2023 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€87k€81k▼
Fixed assets21/28€35k€26k▼
Tangible fixed assets22/27€34k€25k▼
Leasing and similar rights25€34k€25k▼
Financial fixed assets28€651€651=
Current assets29/58€53k€55k▲
Stocks and contracts in progress3€110€110=
Stocks30/36€110€110=
Amounts receivable within one year40/41€47k€40k▼
Other amounts receivable41€47k€40k▼
Cash at bank and in hand54/58€6k€15k▲
Equity and liabilities
Total equity and liabilities10/49€87k€81k▼
Equity10/15€48k€39k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€27k€18k▼
Amounts payable17/49€39k€43k▲
Amounts payable after more than one year17€29k€24k▼
Financial debts170/4€29k€24k▼
Amounts payable within one year42/48€10k€18k▲
Current portion of amounts payable after more than one year42€5k€5k▼
Trade debts44€5k€10k▲
Suppliers440/4€5k€10k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€825
Remuneration and social security454/9-€3k
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€39k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€116
Gross operating margin9900€63k€37k▼
Operating profit (loss)9901€14k€-5k▼
Financial charges65/66B€96€4k▲
Recurring financial charges65€96€4k▲
Profit (loss) for the period before taxes9903€14k€-10k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€8k€-10k▼
Profit (loss) for the period to be appropriated9905€8k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€18k▼
Profit (loss) brought forward from the previous period14P€19k€27k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €80k | €68k | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €44k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €22k | €44k | €39k | €31k | ▼ 21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €989 | €308 | €307 | €8k | €8k | = |
| Other operating charges640/8 | - | €943 | €625 | €2k | €4k | ▲ 108% |
| Non-recurring operating charges66A | - | - | - | - | €116 | - |
| Gross operating margin9900 | €30k | €24k | €51k | €63k | €37k | ▼ 40.8% |
| Operating profit (loss)9901 | €9k | €413 | €6k | €14k | €-5k | ▼ 139% |
| Recurring financial income75 | €10 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €96 | €4k | ▲ 4,402% |
| Recurring financial charges65 | €48 | - | - | €96 | €4k | ▲ 4,402% |
| Profit (loss) for the period before taxes9903 | €9k | €413 | €6k | €14k | €-10k | ▼ 170% |
| Income taxes67/77 | - | €2k | €6k | €6k | - | - |
| Profit (loss) for the period9904 | €9k | €-2k | €10 | €8k | €-10k | ▼ 221% |
| Profit (loss) for the period to be appropriated9905 | €9k | €-2k | €10 | €8k | €-10k | ▼ 221% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45k | €41k | €40k | €87k | €81k | ▼ 7.0% |
| Fixed assets21/28 | €1k | €958 | €651 | €35k | €26k | ▼ 24.5% |
| Tangible fixed assets22/27 | €615 | €307 | - | €34k | €25k | ▼ 25.0% |
| Leasing and similar rights25 | - | - | - | €34k | €25k | ▼ 25.0% |
| Other tangible fixed assets26 | - | €307 | - | - | - | - |
| Financial fixed assets28 | €651 | €651 | €651 | €651 | €651 | = |
| Current assets29/58 | €44k | €40k | €40k | €53k | €55k | ▲ 4.5% |
| Stocks and contracts in progress3 | €65 | - | - | €110 | €110 | = |
| Stocks30/36 | - | - | - | €110 | €110 | = |
| Amounts receivable within one year40/41 | €6k | - | €36k | €47k | €40k | ▼ 13.7% |
| Other amounts receivable41 | - | - | €36k | €47k | €40k | ▼ 13.7% |
| Cash at bank and in hand54/58 | €38k | €40k | €4k | €6k | €15k | ▲ 147% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45k | €41k | €40k | €87k | €81k | ▼ 7.0% |
| Equity10/15 | €42k | €40k | €40k | €48k | €39k | ▼ 20.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €21k | €19k | €19k | €27k | €18k | ▼ 35.6% |
| Amounts payable17/49 | €4k | €368 | - | €39k | €43k | ▲ 9.3% |
| Amounts payable after more than one year17 | - | - | - | €29k | €24k | ▼ 16.3% |
| Financial debts170/4 | - | - | - | €29k | €24k | ▼ 16.3% |
| Amounts payable within one year42/48 | €4k | €368 | - | €10k | €18k | ▲ 84.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5k | €5k | ▼ 1.4% |
| Trade debts44 | €276 | - | - | €5k | €10k | ▲ 98.8% |
| Suppliers440/4 | - | - | - | €5k | €10k | ▲ 98.8% |
| Taxes, remuneration and social security45 | - | €368 | - | - | €3k | - |
| Taxes450/3 | - | €368 | - | - | €825 | - |
| Remuneration and social security454/9 | - | - | - | - | €3k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €-2k | €10 | €8k | €-10k | ▼ 221% |
| + Depreciation and write-downs630 | €989 | €308 | €307 | €8k | €8k | = |
| Operating cash flow (approximation) | €10k | €-1k | €317 | €16k | €-1k | ▼ 108% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-42k | €0 | ▲ 100% |
| Change in cash | - | €1k | €-36k | €2k | €9k | ▲ 268% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €10
Net result €10 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Liquidity times 9current ratio 107.73
Current ratio from 12.55 to 107.73; short-term debt falls from €4k to €368.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €9k ▲42.6%
Net result €9k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 12.55
Current ratio from 4.17 to 12.55; short-term debt falls from €10k to €4k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
Show earlier events
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2001
Ground area
139 m²
Building footprint
90 m²
Volume, LiDAR
1,043 m³
Parcel 21902A0315/00P002, Brussels · tallest building 18.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SNACK HELMET
since 20012.094.347.388
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0315/00P002 | Brussels | 139 m² | 1 · 90 m² | 18.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.094.347.388
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 8,449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
sprl.seac@gmail.comSchaarbeek
Scores and ratios are computed by Checked and are not a credit decision.