SEALAND
The computed 12-month bankruptcy probability of SEALAND is 3.3% (moderate). The 2024 annual accounts show negative equity (€-25k) and a net result of €-71k. Equity is shrinking by ~83.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-25k |
| Net result | €-71k |
| Active | 4 yrs |
| Locations | 1 |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-71k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.08M |
| Equity | €-25k |
| Debt | €1.10M |
| of which ≤ 1y | €7k |
| of which > 1y | €1.02M |
| Working capital | €10k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.55 |
| Quick ratio | 2.55 |
| Working capital ratio | 0.9% |
| Solvency | -2.4% |
| Debt / equity | -43.39 |
| Long-term debt ratio | -40.04 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -6.6% |
| ROE | 281.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.08M |
| Fixed assets | 21/28 | €1.06M |
| Financial fixed assets | 28 | €1.06M |
| Current assets | 29/58 | €17k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €0 |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.08M |
| Equity | 10/15 | €-25k |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-87k |
| Amounts payable | 17/49 | €1.10M |
| Amounts payable after one year | 17 | €1.02M |
| Amounts payable within one year | 42/48 | €7k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Operating result | 9901 | €-7k |
| Financial income | 75 | €15k |
| Financial charges | 65 | €79k |
| Result before taxes | 9903 | €-71k |
| Net result for the period | 9904 | €-71k |
| Result to be appropriated | 9905 | €-71k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Wim Van Gasse |
- | 18-09-2025 → present |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 16-11-2021 |
| Status | Active |
| Postal code | 8790 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B1150/00A000 | Flanders | 1.1 ha | 1 · 581 m² | 5.1 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-12-2025 Capital increase of €1,016,500 to €1,078,000
- €61.500 → €1.078.000
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 1016500.0,
"currency": "EUR",
"after_eur": 1078000.0,
"delta_eur": 1016500.0,
"before_eur": 61500.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-12-11",
"evidence_quote": "De vergadering beslist het kapitaal met EEN MILJOEN ZESTIENDUIZEND VIJFHONDERD EURO (\u20AC 1.016.500,00) te verhogen om het te brengen van EENENZESTIGDUIZEND VIJFHONDERD EURO (\u20AC 61.500,00) op EEN MILJOEN ACHTENZEVENTIGDUIZEND EURO (\u20AC 1.078.000,00)",
"contribution_type": "in_kind"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.381.754",
"name_full": "SEALAND",
"legal_form": "NV"
}
}18-09-2025 Wim Van Gasse reappointed as statutory auditor
- Wim Van Gasse, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Wim Van Gasse",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0446334711",
"name": "EY Bedrijfsrevisoren BV",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De aandeelhouders stellen aan als commissaris van de vennootschap: EY Bedrijfsrevisoren BV, met zetel te 1831 Diegem, Kouterveldstraat 7B, en met ondernemingsnummer 0446.334.711, vertegenwoordigd door Wim Van Gasse BV, op zijn beurt vast vertegenwoordigd door Wim Van Gasse."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.381.754",
"name_full": "SEALAND",
"legal_form": "NV"
}
}18-11-2021 Incorporation of a new NV
Technical details
{
"kind": "oprichting",
"seat": "8790 Waregem, Vredestraat 53",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": null,
"name": "ION HOLDING"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "ION HOLDING",
"contribution_type": "cash",
"amount_paid_in_eur": 61500.0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 61500,
"amount_subscribed_eur": 61500.0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 61500.0,
"subject_company": {
"kbo": "0777.381.754",
"name_full": "SEALAND",
"legal_form": "NV"
},
"initial_directors": [],
"incorporation_date": "2021-11-15",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SEALAND |