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SEAL CONCEPT

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0757.675.413
Summary

A bankruptcy procedure is open for SEAL CONCEPT according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €15,450 and a net result of €14,107.

SEAL CONCEPTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
10 October 2024
Supervising judge
Jo Kenis
Official Gazette
16-10-2024 (pdf) ↗search the document for 2024/139358

Deadlines

Provisional date payments stopped
10 October 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 31 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 9 November 2024art. XX.104 and XX.155 CEL
First verification report
passed on 21 November 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 10 October 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Ronny MaesPrins Bisschopsingel 11, 3500 Hasseltr.maes@exacto-advocaten.be
  • Kristof KrolPrins Bisschopssingel 11, 3500 Hasseltk.krol@exacto-advocaten.be
  • Gertjan CupersPrins Bisschopssingel 11, 3500 Hasseltg.cupers@exacto-advocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-09-2023, 38 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
38 d late
2021
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

SEAL CONCEPT was incorporated on 30 October 2020 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2 On 10 October 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 16-10-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, abbreviated schema

Equity
€15,450▲ 1,050%
2021 · €1,344
Total assets
€312,438▼ 15.0%
2021 · €367,563
Net result
€14,107▲ 4,006%
2021 · €344
Working capital
-€29,226▲ 40.2%
2021 · -€48,883
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022
Operating result€8,974-€34,253▲ 282%
Net result€344within the sector's middle half-€14,107within the sector's middle half▲ 4,006%
Equity€1,344below the sector's middle half-€15,450below the sector's middle half▲ 1,050%
Total assets€367,563within the sector's middle half-€312,438below the sector's middle half▼ 15.0%
Debt€366,220-€296,988▼ 18.9%
Working capital-€48,883below the sector's middle half--€29,226below the sector's middle half▲ 40.2%
Solvency0.4%below the sector's middle half-4.9%below the sector's middle half▲ 4.6pp
Current ratio0.87below the sector's middle half-0.90below the sector's middle half▲ 0.04
Return on assets (ROA)0.1%within the sector's middle half-4.5%within the sector's middle half▲ 4.4pp
Staff (FTE)5.2within the sector's middle half-3below the sector's middle half▼ 42.3%
above within below the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2021: €8,974€8,974Net result 2021: €344€344Operating result 2022: €34,253€34,253Net result 2022: €14,107€14,10720212022€0€10,000€20,000€30,000Operating result 2021: €8,974€8,970Net result 2021: €344€344Operating result 2022: €34,253€34,300Net result 2022: €14,107€14,10020212022
The operating result rises in 2022; 2022 is 282% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €312,438
Fixed assets €44,677 ▼ 16.8%
Current assets €267,761 ▼ 14.7%
Equity and liabilities €312,438
Equity €15,450 ▲ 1,050%
Debt €296,988 ▼ 18.9%
Debt's share of the balance-sheet total falls from 99.6% to 95.1%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€44,696▲
2021 · €21,030
Cash flow
€24,550▲
2021 · €12,400
Quick ratio
0.88▲
2021 · 0.84
Debt to equity
19.22
ROE
91.3%▲
2021 · 25.6%
Interest coverage
4.78▼
2021 · 11.45
Debt ≤ 1 year
€296,988▼
2021 · €362,726
Income taxes
€11,000▲
2021 · €6,839
Staff costs
€240,543▼
2021 · €438,818
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 51 lines
Balance sheet Code20212022
Assets
Total assets20/58€367,563€312,438▼
Fixed assets21/28€53,720€44,677▼
Intangible fixed assets21€44,123€39,123▼
Tangible fixed assets22/27€9,597€5,544▼
Plant, machinery and equipment23€312€1,347▲
Leasing and similar rights25€9,284€4,196▼
Financial fixed assets28-€10
Current assets29/58€313,843€267,761▼
Stocks and contracts in progress3€8,285€6,986▼
Stocks30/36€8,285€6,986▼
Amounts receivable within one year40/41€299,967€248,377▼
Trade receivables40€297,794€247,416▼
Other amounts receivable41€2,173€961▼
Cash at bank and in hand54/58€4,925€11,706▲
Deferred charges and accrued income490/1€667€693▲
Equity and liabilities
Total equity and liabilities10/49€367,563€312,438▼
Equity10/15€1,344€15,450▲
Contributions10/11€1,000€1,000=
Reserves13-€14,000
Distributable reserves133-€14,000
Profit (loss) carried forward14€344€450▲
Amounts payable17/49€366,220€296,988▼
Amounts payable after more than one year17€3,493-
Financial debts170/4€3,493-
Amounts payable within one year42/48€362,726€296,988▼
Current portion of amounts payable after more than one year42€5,216€3,493▼
Trade debts44€235,273€54,577▼
Suppliers440/4€235,273€54,577▼
Taxes, remuneration and social security45€122,238€236,012▲
Taxes450/3€60,426€63,855▲
Remuneration and social security454/9€61,812€172,156▲
Other amounts payable47/48-€2,906
Income statement Code20212022
Remuneration, social security and pensions62€438,818€240,543▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,056€10,444▼
Other operating charges640/8€10,947€10,195▼
Non-recurring operating charges66A-€26,325
Gross operating margin9900€470,795€321,759▼
Operating profit (loss)9901€8,974€34,253▲
Financial income75/76B€44€209▲
Recurring financial income75€44€209▲
Financial charges65/66B€1,837€9,355▲
Recurring financial charges65€1,837€9,355▲
Profit (loss) for the period before taxes9903€7,182€25,107▲
Income taxes67/77€6,839€11,000▲
Profit (loss) for the period9904€344€14,107▲
Profit (loss) for the period to be appropriated9905€344€14,107▲
Appropriation of the result
Profit (loss) to be appropriated9906€344€14,450▲
Profit (loss) brought forward from the previous period14P-€344
Transfer to equity691/2-€14,000
To other reserves6921-€14,000
Social balance
Average headcount (FTE)90875.23.0▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Remuneration, social security and pensions62€438,818€240,543▼ 45.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,056€10,444▼ 13.4%
Other operating charges640/8€10,947€10,195▼ 6.9%
Non-recurring operating charges66A-€26,325-
Gross operating margin9900€470,795€321,759▼ 31.7%
Operating profit (loss)9901€8,974€34,253▲ 282%
Financial income75/76B€44€209▲ 370%
Recurring financial income75€44€209▲ 370%
Financial charges65/66B€1,837€9,355▲ 409%
Recurring financial charges65€1,837€9,355▲ 409%
Profit (loss) for the period before taxes9903€7,182€25,107▲ 250%
Income taxes67/77€6,839€11,000▲ 60.9%
Profit (loss) for the period9904€344€14,107▲ 4,006%
Profit (loss) for the period to be appropriated9905€344€14,107▲ 4,006%
Line20212022Change
Assets
Total assets20/58€367,563€312,438▼ 15.0%
Fixed assets21/28€53,720€44,677▼ 16.8%
Intangible fixed assets21€44,123€39,123▼ 11.3%
Tangible fixed assets22/27€9,597€5,544▼ 42.2%
Plant, machinery and equipment23€312€1,347▲ 331%
Leasing and similar rights25€9,284€4,196▼ 54.8%
Financial fixed assets28-€10-
Current assets29/58€313,843€267,761▼ 14.7%
Stocks and contracts in progress3€8,285€6,986▼ 15.7%
Stocks30/36€8,285€6,986▼ 15.7%
Amounts receivable within one year40/41€299,967€248,377▼ 17.2%
Trade receivables40€297,794€247,416▼ 16.9%
Other amounts receivable41€2,173€961▼ 55.8%
Cash at bank and in hand54/58€4,925€11,706▲ 138%
Deferred charges and accrued income490/1€667€693▲ 3.9%
Equity and liabilities
Total equity and liabilities10/49€367,563€312,438▼ 15.0%
Equity10/15€1,344€15,450▲ 1,050%
Contributions10/11€1,000€1,000=
Reserves13-€14,000-
Distributable reserves133-€14,000-
Profit (loss) carried forward14€344€450▲ 31.1%
Amounts payable17/49€366,220€296,988▼ 18.9%
Amounts payable after more than one year17€3,493--
Financial debts170/4€3,493--
Amounts payable within one year42/48€362,726€296,988▼ 18.1%
Current portion of amounts payable after more than one year42€5,216€3,493▼ 33.0%
Trade debts44€235,273€54,577▼ 76.8%
Suppliers440/4€235,273€54,577▼ 76.8%
Taxes, remuneration and social security45€122,238€236,012▲ 93.1%
Taxes450/3€60,426€63,855▲ 5.7%
Remuneration and social security454/9€61,812€172,156▲ 179%
Other amounts payable47/48-€2,906-
Line20212022Change
Profit (loss) for the period9904€344€14,107▲ 4,006%
+ Depreciation and write-downs630€12,056€10,444▼ 13.4%
Operating cash flow (approximation)€12,400€24,550▲ 98.0%
Investment in fixed assets (approximation)--€1,400-
Change in cash-€6,781-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
03-08
KBO administration Address struck
2024
16-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 10-10-2024
2023
07-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 38 days late
2022
29-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Pelt · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
4,707 m²
Building footprint
1,348 m²
Volume, LiDAR
9,202 m³
Parcel 72502E0102/00R133, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
SEAL CONCEPT
Investigation and security activities
since 20202.309.133.104
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72502E0102/00R133 Flanders 4,707 m² 1 · 1,348 m² 8.5 m · 2 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.

Insolvency mandates

3 mandates
Role Name Tenure
Curator RONNY MAES
PRINS BISSCHOPSINGEL 11, 3500 HASSELT
10-10-2024 → present
Curator KRISTOF KROL
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT
10-10-2024 → present
Curator GERTJAN CUPERS
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT-
10-10-2024 → present

Similar companies · same sector, comparable size

Of 462 companies in sector 80090 we hold annual accounts for 262. 162 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
Founded30-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
80090Investigation and security activities
80010Investigation and private security services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.