SEACORIN
ActiveFrom the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of SEACORIN is 1.6% (moderate). The 2025 annual accounts show negative equity (-€1.0m) and a net result of €30,458. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 6,167 sector peers (NACE 46, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 05-09-2014 Normal situation
- Registered office
- 23 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Wholesale trade NACE 46391and 2 others
- Establishment unit
- 2.235.026.686 8790 Waregem, since 05-09-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 05-08-2026
Board and ownership
- Olivier MocarManaging director
- MDM NVDirector · since 07-07-2023 · permanent representative Marc Dewaele
- Thomas DewaeleDirector
- Wim DavidDirector
- Bossuyt PhilippeDirector · since 10-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Turnover
- €23.0m
- ▲ 11.2%
- Profit
- €30,458
- Equity
- -€1.0m
- ▲ 2.9%
- Total assets
- €16.4m
- ▲ 20.1%
- Employees on 31-12-2025
- 4
- ▼ 20.0%
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€1.0mLiquidity: current ratio 1.07, cash €228,945, halved1 of the last 3 accounts latelowers riskFounded in 2014Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 15% of them on solvency, 5% on liquidity, 23% on profitability and 61% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€1.0m View
- Caution: Less equity than 95% of companies in wholesale tradesector median €1.6m · 6,099 companies -€1.0m View
- Positive: Back in profit in 2025after a loss of €1.3m in 2024 €30,458 View
- New directorlatest change 10-03-2026 · 5 in office 1 joined View
Comparable companies
These companies have the same main activity as SEACORIN: wholesale trade (NACE 46391). They are comparable in size and age: total assets between €7.2m and €107m, founded between 1985 and 2017.
| Company | Total assets | Turnover |
|---|---|---|
| SEACORIN Waregem | €16.4m | €23.0m |
| BELGAGEL Etterbeek | €7.2m | €15.7m |
| BUYSSE FOODS Wervik | €12.0m | €8.2m |
| BERRYMARK NV/SA Sint-Truiden | €42.0m | €93.0m |
| CPF EUROPE Waterloo | €107.5m | €37.2m |
| H & L PRODUCTIONS Rijkevorsel | €14.2m | €29.4m |
| Aquamarine Seafood Antwerpen | €13.6m | - |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 23-07-2026
- Annual accounts 2024filed on 10-09-2025
- Annual accounts 2023filed on 01-08-2024
- Annual accounts 2022filed on 18-07-2023
Acts in the Belgian Official Gazette
- Capital & sharesact of 11-10-2024
- Resignations & appointmentsact of 26-03-2024
- Resignations & appointmentsact of 16-12-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about SEACORIN
- What is the company number of SEACORIN?
- The company number of SEACORIN is 0561.712.350. The VAT number is the same number with BE in front: BE 0561.712.350.
- Where is SEACORIN based?
- The registered office is at Henri Lebbestraat 188, 8790 Waregem.Company details
- What does SEACORIN do?
- According to the KBO register, the main activity is wholesale trade (NACE 46391).
- What is the legal form of SEACORIN?
- The legal form of SEACORIN is Public limited company (NV).
- When was SEACORIN founded?
- SEACORIN was founded on 05-09-2014.
- Is SEACORIN still active?
- Yes, SEACORIN is an active enterprise in the KBO register.
- How many employees does SEACORIN have?
- SEACORIN had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SEACORIN?
- The turnover of SEACORIN was €23.0m in financial year 2025, according to the filed annual accounts.
- Is SEACORIN profitable?
- In financial year 2025, SEACORIN made a profit of €30,458.
- Where can I find the annual accounts of SEACORIN?
- SEACORIN filed 11 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 SEACORIN due?
- SEACORIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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