SEADJEE
ActiveSummary
SEADJEE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €-720. Equity is shrinking by ~15.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency84▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Age of the figures
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
48 d early
2022
3 d early
2021
23 d early
2020
53 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€26k
EBIT margin
88.9%
Net result
€-720▲ 23.0%
2023 · €-935
2018: €22khighest in 7 years
2019: €2k▼ -91.8% vs 2018
2020: €-711▼ -139% vs 2019
2021: €-668▲ +6.1% vs 2020
2022: €-933▼ -39.7% vs 2021
2023: €-935▼ -0.1% vs 2022lowest in 7 years
2024: €-720▲ +23.0% vs 2023
2018 → 2024
Working capital
€3k▼ 5.4%
2023 · €3k
2018: €3k
2019: €4k▲ +11.4% vs 2018highest in 7 years
2020: €4k▼ -1.6% vs 2019
2021: €4k▼ -2.7% vs 2020
2022: €3k▼ -10.3% vs 2021
2023: €3k▼ -11.5% vs 2022
2024: €3k▼ -5.4% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€5k▼ 11.1%€4k▼ 17.5%€3k▼ 21.2%€3k▼ 20.8%
2020: €6khighest in 5 years
2021: €5k▼ -11.1% vs 2020
2022: €4k▼ -17.5% vs 2021
2023: €3k▼ -21.2% vs 2022
2024: €3k▼ -20.8% vs 2023lowest in 5 years
Operating result€-653-€-7k▼ 987%€-911▲ 87.2%€-935▼ 2.6%€-720▲ 23.0%
2020: €-653highest in 5 years
2021: €-7k▼ -987% vs 2020lowest in 5 years
2022: €-911▲ +87.2% vs 2021
2023: €-935▼ -2.6% vs 2022
2024: €-720▲ +23.0% vs 2023
Net result€-711-€-668▲ 6.1%€-933▼ 39.7%€-935▼ 0.1%€-720▲ 23.0%
2020: €-711
2021: €-668▲ +6.1% vs 2020highest in 5 years
2022: €-933▼ -39.7% vs 2021
2023: €-935▼ -0.1% vs 2022lowest in 5 years
2024: €-720▲ +23.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €720 in 2024 against €935 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5k
Fixed assets
€98 ▼ 85.4%
Current assets
€5k =
Equity and liabilities €5k
Equity
€3k ▼ 20.8%
Debt
€2k ▲ 8.5%
Debt's share of the balance-sheet total rises from 33.7% to 41.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-150▲
2023 · €-365
Cash flow
€-150▲
2023 · €-365
Debt ≤ 1 year
€2k▲
2023 · €2k
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
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 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5k€5k▼
Fixed assets21/28€668€98▼
Tangible fixed assets22/27€618€48▼
Other tangible fixed assets26€618€48▼
Financial fixed assets28€50€50=
Current assets29/58€5k€5k=
Amounts receivable within one year40/41€5k€5k=
Trade receivables40€2k€2k=
Other amounts receivable41€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€5k€5k▼
Equity10/15€3k€3k▼
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-18k€-19k▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Other amounts payable47/48€152€152=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€570€570=
Gross operating margin9900€-365€-150▲
Operating profit (loss)9901€-935€-720▲
Profit (loss) for the period before taxes9903€-935€-720▲
Profit (loss) for the period9904€-935€-720▲
Profit (loss) for the period to be appropriated9905€-935€-720▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-19k▼
Profit (loss) brought forward from the previous period14P€-17k€-18k▼
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €653 | €570 | €570 | €570 | €570 | = |
| Gross operating margin9900 | €0 | €-7k | €-341 | €-365 | €-150 | ▲ 58.9% |
| Operating profit (loss)9901 | €-653 | €-7k | €-911 | €-935 | €-720 | ▲ 23.0% |
| Financial income75/76B | - | €7k | - | - | - | - |
| Recurring financial income75 | - | €7k | - | - | - | - |
| Financial charges65/66B | - | €76 | €23 | - | - | - |
| Recurring financial charges65 | €59 | €76 | €23 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-711 | €-668 | €-933 | €-935 | €-720 | ▲ 23.0% |
| Profit (loss) for the period9904 | €-711 | €-668 | €-933 | €-935 | €-720 | ▲ 23.0% |
| Profit (loss) for the period to be appropriated9905 | €-711 | €-668 | €-933 | €-935 | €-720 | ▲ 23.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €6k | €6k | €5k | €5k | ▼ 10.9% |
| Fixed assets21/28 | €2k | €2k | €1k | €668 | €98 | ▼ 85.4% |
| Tangible fixed assets22/27 | €2k | €2k | €1k | €618 | €48 | ▼ 92.3% |
| Other tangible fixed assets26 | - | €2k | €1k | €618 | €48 | ▼ 92.3% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €4k | €4k | €4k | €5k | €5k | = |
| Amounts receivable within one year40/41 | €4k | €4k | €4k | €5k | €5k | = |
| Trade receivables40 | - | €2k | €2k | €2k | €2k | = |
| Other amounts receivable41 | - | €1k | €2k | €2k | €2k | = |
| Cash at bank and in hand54/58 | €79 | €23 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €6k | €6k | €5k | €5k | ▼ 10.9% |
| Equity10/15 | €6k | €5k | €4k | €3k | €3k | ▼ 20.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | - | - | - | €19k | - |
| Other1109/19 | - | - | - | - | €19k | - |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-16k | €-16k | €-17k | €-18k | €-19k | ▼ 3.9% |
| Amounts payable17/49 | €190 | €232 | €1k | €2k | €2k | ▲ 8.5% |
| Amounts payable within one year42/48 | €190 | €232 | €1k | €2k | €2k | ▲ 8.5% |
| Trade debts44 | - | €80 | €1k | €2k | €2k | ▲ 9.3% |
| Suppliers440/4 | - | €80 | €1k | €2k | €2k | ▲ 9.3% |
| Other amounts payable47/48 | - | €152 | €152 | €152 | €152 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-711 | €-668 | €-933 | €-935 | €-720 | ▲ 23.0% |
| + Depreciation and write-downs630 | €653 | €570 | €570 | €570 | €570 | = |
| Operating cash flow (approximation) | €-59 | €-98 | €-363 | €-365 | €-150 | ▲ 58.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-56 | - | - | - | - |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-935
Net result drops to €-935, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Liquidity times 9current ratio 20.04
Current ratio from 2.18 to 20.04; short-term debt falls from €3k to €190.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 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, Ukkel · 1 establishment unit since 1986
Ground area
1.3 ha
Building footprint
996 m²
Volume, LiDAR
15,388 m³
2 parcels, Brussels · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
45
companies at this address
See who is registered here
1 establishment unit
Fernand Neuraystraat 32, 1050 Elsene
since 19862.037.152.527
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0294/00Z019 | Brussels | 1.3 ha | 1 · 914 m² | 18.9 m · 6 fl. |
| 21447B0306/00D018 | Brussels | 81 m² | 1 · 82 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded20-05-1986
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.