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SEALINER

Active
Public limited companyfounded 1998active for 27 yearsNoorderlaan 127A, 2030 Antwerpen, BelgiumKBO/BCE: BE 0464.690.277
Summary

SEALINER has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €663,961 and a net result of €428,969. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 33% of 861 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-12-1998 Normal situation
Activity
Logistics services NACE 52250
Joint committee
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.089.512.731 2030 Antwerpen, since 07-12-1998
Financial year end
31 December
Peppol
Reachable since 30-09-2025

Board and ownership

Board
and 1 other
Shareholders
  • MSC Mediterranean Shipping Company SAannual accounts 2025

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€2.7m
▲ 15.8%
Turnover
≈ €4.6m
estimated
Profit
€428,969
▲ 43.7%
Equity
€663,961
▲ 183%
Total assets
€2.8m
▲ 16.3%
Employees on 31-12-2025
19
▲ 5.6%
Filed on 26-06-2026, 35 days before the deadline
Score breakdownraises riskSector: Warehousing and support activities for transportation (NACE 52)lowers riskLiquidity: current ratio 1.32, cash €1.1mFounded in 1998Figures for financial year 2025 (filed on 26-06-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of small companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Strong
Solvency 49+14
equity 23.9% of total assets
Liquidity 59-17
short-term debt 75.8% · cash 41.2%
Profitability 76+7
return on assets 15.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (596 companies, NACE 52, small)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.4 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.32 (2.09 in 2024), below the usual 1.5. Short-term debt is 75.8% and cash 41.2% of total assets. 76.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, small). It does better than 36% of them on solvency, 77% on liquidity, 70% on profitability and 97% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.32, cash €1.1m
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Figures for financial year 2025 (filed on 26-06-2026)
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
45 days early
2023
42 days early
2022
3 days early
2021
31 days early
2020
37 days early
2019
39 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €234,992 to €663,961 ▲ 183% View
  • Higher gross margin than 90% of companies in warehousing and transport supportsector median €640,025 · 417 companies €2.7m View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Reappointments: Ernst & Young Bedrijfsrevisoren BV (college van commissarissen) and Moore Audit BV (college van commissarissen)
  2. · Gazette deed Reappointment: MSC Belgium NV (director)Permanent representative: Luca Zanchi
  3. · Gazette deed Reappointments: Marc Beerlandt, Patrick Van Dessel and 3 othersAppointment: Marcin Ruszczynski (director)
All 20 events

Comparable companies

These companies have the same main activity as SEALINER: logistics services (NACE 52250). They are comparable in size and age: total assets between €2.5m and €4.7m, founded between 1990 and 2007.

CompanyTotal assetsGross margin
SEALINER Antwerpen€2.8m€2.7m
International Distribution Partners Antwerpen€2.5m€2.0m
A. HARTRODT (BELGIUM) AIRFREIGHT Antwerpen€3.8m€2.3m
HARGO LOGISTICS Antwerpen€4.7m€3.2m
KAYAK MARITIME SERVICES Antwerpen€2.9m€2.6m
TITAN CARGO Antwerpen€3.3m€2.1m
INTERFREIGHT ANTWERP Antwerpen€4.1m€1.6m
Full comparison

Key facts about SEALINER

What is the company number of SEALINER?
The company number of SEALINER is 0464.690.277. The VAT number is the same number with BE in front: BE 0464.690.277.
Where is SEALINER based?
The registered office is at Noorderlaan 127A, 2030 Antwerpen.Company details
What does SEALINER do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of SEALINER?
The legal form of SEALINER is Public limited company (NV).
When was SEALINER founded?
SEALINER was founded on 02-12-1998.
Is SEALINER still active?
Yes, SEALINER is an active enterprise in the KBO register.
How many employees does SEALINER have?
SEALINER had an average of 18.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SEALINER fall under?
In its 2025 annual accounts, SEALINER states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of SEALINER?
The turnover in financial year 2025 is ≈ €4.6m. This figure is estimated from the gross margin of €2.7m and 1,586 comparable companies of the same size. It probably lies between €3.1m and €7.6m. It is a rough estimate. In financial year 2021 turnover was €2.0m.
Is SEALINER profitable?
In financial year 2025, SEALINER made a profit of €428,969.
Where can I find the annual accounts of SEALINER?
SEALINER filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SEALINER due?
SEALINER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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