SEALTECH
The computed 12-month bankruptcy probability of SEALTECH is 0.3% (very low). The 2024 annual accounts show equity of €5.61M and a net result of €5.07M. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 209 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5.61M |
| Net result | €5.07M |
| Staff (FTE) | 18.7 |
| Better than sector | 49% |
Exceptional profile, strong across almost every axis.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.3% | 41.8% | |
| Net result | €5.07M | €10k | |
| Equity | €5.61M | €70k | |
| Gross operating margin | €8.17M | €51k | |
| Staff costs | €1.12M | €182k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €7.02M |
| Net profit | €5.07M |
| Cash flow | €5.32M |
| Staff costs | €1.12M |
| Income taxes | €1.71M |
| Dividends | €4.00M |
| Total assets | €13.59M |
| Equity | €5.61M |
| Debt | €7.98M |
| of which ≤ 1y | €6.52M |
| of which > 1y | €1.46M |
| Working capital | €4.17M |
| Employees (FTE) | 18.7 |
| 2024 | |
|---|---|
| Current ratio | 1.64 |
| Quick ratio | 1.11 |
| Working capital ratio | 30.7% |
| Solvency | 41.3% |
| Debt / equity | 1.42 |
| Long-term debt ratio | 0.26 |
| Interest coverage | 80.29 |
| Gross margin | - |
| Net margin | - |
| ROA | 37.3% |
| ROE | 90.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €13.59M |
| Fixed assets | 21/28 | €2.90M |
| Tangible fixed assets | 22/27 | €2.87M |
| Financial fixed assets | 28 | €30k |
| Current assets | 29/58 | €10.69M |
| Stocks & contracts in progress | 3 | €3.46M |
| Amounts receivable within one year | 40/41 | €1.75M |
| Investments | 50/53 | €4.53M |
| Cash & bank | 54/58 | €926k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €13.59M |
| Equity | 10/15 | €5.61M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €5.55M |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €7.98M |
| Amounts payable after one year | 17 | €1.46M |
| Amounts payable within one year | 42/48 | €6.52M |
| Trade debts payable within one year | 44 | €395k |
| Income statement | ||
| Gross operating margin | 9900 | €8.17M |
| Operating result | 9901 | €6.78M |
| Financial income | 75 | €87k |
| Financial charges | 65 | €87k |
| Result before taxes | 9903 | €6.78M |
| Income taxes | 67/77 | €1.71M |
| Net result for the period | 9904 | €5.07M |
| Result to be appropriated | 9905 | €5.07M |
| NACE primary | 28120 |
| Legal form | Public limited company(014) |
| Incorporation | 23-03-1990 |
| Status | Active |
| Postal code | 4731 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-06-2023 1 director appointed, 1 resigning correction
- VANDERMASEN Isabelle, Administrateur unique
- VANDERMAESEN Isabelle, Administrateur unique
Technical details
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],
"notary": {
"name": "Antoine Rijckaert",
"firm_city": null,
"firm_name": null,
"office_city": "Eupen",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-06-06",
"filing_date": "2023-06-02",
"act_kind_objet": "SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN), ENTLASSUNG, ERNENNUNG, VERSCHIEDENES"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-05-04",
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],
"is_correction": true,
"subject_company": {
"kbo": "0440.482.542",
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"co_filed_documents": [
"une exp\u00E9dition de l\u0027acte",
"les statuts coordonn\u00E9s"
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"corrected_publication_numac": "23302837"
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SEALTECH |