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Seagull Decor

Active
Public limited companyfounded 198145 yrs activeKernenergiestraat 19, 2610 Antwerpen, BelgiumKBO/BCE: BE 0421.640.093
Summary

Seagull Decor has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.4m and a net result of €111,299. Equity remains stable across the filed fiscal years (±0.4% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€21.6mtotal assets 2025
Equity
€16.4m
Profit
€111,299
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 31 d early0 of 19 deeds read
Why 96- 1 change of registered office in 24 months+ Size: total assets €21.6m+ Figures for FY 2025 (filed 30-06-2026)+ Equity €16.4m (76.0% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 70% of its sector peers (no NACE code, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 76.0% of total assets
Liquidity 52-1
short-term debt 6.7% · cash 1.6%
Profitability 69=
return on assets 0.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 9 months 02-2026: 0.2% 03-2026: 0.2%▲ +3.1% vs 02-2026 04-2026: 0.2%▲ +11.4% vs 03-2026highest value 05-2026: 0.1%▼ -24.3% vs 04-2026 06-2026: 0.2%▲ +10.0% vs 05-2026 07-2026: 0.1%▼ -36.4% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: total assets €21.6m lowers the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 30-06-2026) lowers the probability
  • Equity €16.4m (76.0% of total assets) lowers the probability
Credit up to €1,550,000 at 30 days acceptable
Liquidity ample (current ratio 5.53 against 4.49 in 2024; short-term debt: 6.7% and cash: 1.6% of total assets), and 24% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, medium-sized). Better than this share of them on solvency 74%, liquidity 73%, profitability 86%, growth against the median 48%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €21.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 30-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €16.4m (76.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
31 d early
2023
33 d early
2022
17 d early
2021
19 d early
2020
9 d late
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Result rose in 2025from €56,273 to €111,299 ▲ 97.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €111,299 5 years View
  • Active since 1981founded 02-05-1981 45 years View

By topic

Financials

Fiscal year
2025
Total assets
€21.6m
Profit
€111,299
Solvency
76.0%
Total assets▲ 4.9%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 30-06-2025Annual accounts filed
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
02-05-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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