SEALAB
ActiveThe computed 12-month bankruptcy probability of SEALAB is 3.3% (moderate). The 2025 annual accounts show negative equity (€-2k) and a net result of €-7k. Equity is shrinking by ~187% per year across the filed fiscal years. Its solvency ranks better than 9% of 517 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▼-36
Growth32=
Stability94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.8 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-23.5%
Return on assets
-88.5%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€2k
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 04-06-2026, 57 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
57 d early
2024
31 d early
2023
50 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €5k
2023: €18k
2024: €5k
2023 → 2025
Total assets
€8k▼ 19.7%
2024 · €10k
2023: €21k
2024: €10k
2023 → 2025
Net result
€-7k▲ 42.7%
2024 · €-13k
2023: €8k
2024: €-13k
2023 → 2025
Working capital
€-8k▼ 676%
2024 · €-988
2023: €11k
2024: €-988
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€18k-€5k▼ 70.4%€-2k
Operating result€11k-€-12k€-7k▲ 37.6%
Net result€8k-€-13k€-7k▲ 42.7%
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 €7k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8k
Fixed assets
€6k▼ 11.2%
Current assets
€3k▼ 33.3%
Key figures and ratios
EBITDA
€-7k▲
2024 · €-11k
Cash flow
€-7k▲
2024 · €-12k
Solvency
-23.5%▼
2024 · 52.2%
Current ratio
0.26▼
2024 · 0.80
Quick ratio
0.26▼
2024 · 0.80
Debt / equity
-5.25▼
2024 · 0.92
ROE
376.1%▲
2024 · -237.7%
ROA
-88.5%▲
2024 · -124.0%
Interest coverage
-84.61▼
2024 · -9.40
Debt
€10k▲
2024 · €5k
Debt ≤ 1 year
€10k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10k€8k▼
Fixed assets21/28€6k€6k▼
Intangible fixed assets21€6k€6k▼
Current assets29/58€4k€3k▼
Amounts receivable within one year40/41€1k€80▼
Other amounts receivable41€1k€80▼
Cash at bank and in hand54/58€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€10k€8k▼
Equity10/15€5k€-2k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-5k€-12k▼
Amounts payable17/49€5k€10k▲
Amounts payable within one year42/48€5k€10k▲
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€327€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€720€720=
Other operating charges640/8-€400
Gross operating margin9900€-11k€-6k▲
Operating profit (loss)9901€-12k€-7k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€78▼
Recurring financial charges65€1k€78▼
Profit (loss) for the period before taxes9903€-13k€-7k▲
Profit (loss) for the period9904€-13k€-7k▲
Profit (loss) for the period to be appropriated9905€-13k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-12k▲
Profit (loss) brought forward from the previous period14P-€-5k
Transfer from equity791/2€8k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-13k ▼255%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Etterbeek · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal Tombeurstraat 811040 EtterbeekGround area
1,318 m²
Building footprint
286 m²
Volume, LiDAR
2,966 m³
2 parcels, Brussels, Wallonia · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SEALAB
since 20222.335.563.129
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92001C0070/00S000 | Wallonia | 1,022 m² | 1 · 87 m² | - |
| 21364B0194/00D006 | Brussels | 296 m² | 1 · 199 m² | 18.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PGBioclin
BE 0747.635.715
Limbourg · Eq €5k
Pharma Health Consulting & Services
BE 0838.304.088
La Louvière · Eq €6k
GF. Tech
BE 0731.865.493
Awans · Eq €5k
CMAX BIOTECH CONSULTING
BE 0784.922.317
Hasselt · Eq €6k
BSOLUTIONS Technique et Innovation
BE 1008.178.705
Gembloux · Eq €6k
Of 1,175 companies in sector 72109 we hold annual accounts for 712. 131 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2022
Fiscal year end31-12
Activities, NACEBEL
72109Other research and development on natural sciences
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.