SEAMS
ActiveSummary
SEAMS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,968 and a net result of €69,358. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-4
Solvency47▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.42 in 2024; short-term debt: 78.3% and cash: 30.1% of total assets), and 78.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.7%
Return on assets
8.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 31942 sector peers (2025).
NBB · sector comparisonPosition among 31942 sector peers
Solvency
better than 25%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
56 d late
2023
43 d early
2022
60 d late
2021
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€171,968▼ 30.0%
2024 · €245,494
Total assets
€791,859▼ 3.2%
2024 · €818,146
Net result
€69,358▼ 30.4%
2024 · €99,610
Working capital
€168,250▼ 30.7%
2024 · €242,940
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result€36,388-€3,597▼ 90.1%€148,993▲ 4,042%€149,888▲ 0.6%€110,599▼ 26.2%
Net result€27,128within the sector's middle half-€1,829below the sector's middle half▼ 93.3%€113,927above the sector's middle half▲ 6,130%€99,610above the sector's middle half▼ 12.6%€69,358above the sector's middle half▼ 30.4%
Equity€30,128within the sector's middle half-€31,957within the sector's middle half▲ 6.1%€145,884within the sector's middle half▲ 356%€245,494above the sector's middle half▲ 68.3%€171,968within the sector's middle half▼ 30.0%
Total assets€210,418within the sector's middle half-€382,631within the sector's middle half▲ 81.8%€484,005within the sector's middle half▲ 26.5%€818,146above the sector's middle half▲ 69.0%€791,859above the sector's middle half▼ 3.2%
Debt€180,290-€350,674▲ 94.5%€338,121▼ 3.6%€572,652▲ 69.4%€619,890▲ 8.2%
Working capital€30,128within the sector's middle half-€31,059within the sector's middle half▲ 3.1%€141,619above the sector's middle half▲ 356%€242,940above the sector's middle half▲ 71.5%€168,250above the sector's middle half▼ 30.7%
Solvency14.3%below the sector's middle half-8.4%below the sector's middle half▼ 6.0pp30.1%within the sector's middle half▲ 21.8pp30.0%within the sector's middle half▼ 0.1pp21.7%below the sector's middle half▼ 8.3pp
Current ratio1.17within the sector's middle half-1.09within the sector's middle half▼ 0.081.42within the sector's middle half▲ 0.331.42within the sector's middle half▲ 0.011.27within the sector's middle half▼ 0.15
Return on assets (ROA)12.9%within the sector's middle half-0.5%below the sector's middle half▼ 12.4pp23.5%within the sector's middle half▲ 23.1pp12.2%within the sector's middle half▼ 11.4pp8.8%within the sector's middle half▼ 3.4pp
Staff (FTE)12.3▲ 130%5.3▲ 130%9.2▲ 73.6%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €791,859
Fixed assets
€3,719 ▲ 45.6%
Current assets
€788,140 ▼ 3.4%
Equity and liabilities €791,859
Equity
€171,968 ▼ 30.0%
Debt
€619,890 ▲ 8.2%
Debt's share of the balance-sheet total rises from 70.0% to 78.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€112,313▼
2024 · €151,598
Cash flow
€71,071▼
2024 · €101,321
Debt to equity
3.60▲
2024 · 2.33
ROE
40.3%▼
2024 · 40.6%
Interest coverage
50.93▼
2024 · 236.59
Debt ≤ 1 year
€619,890▲
2024 · €572,652
Income taxes
€39,624▼
2024 · €50,908
Staff costs
€551,399▲
2024 · €379,881
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €31,903 | €164,238 | €379,881 | €551,399 | ▲ 45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €192 | €673 | €1,710 | €1,713 | ▲ 0.2% |
| Other operating charges640/8 | €403 | €336 | €593 | €665 | €285 | ▼ 57.1% |
| Gross operating margin9900 | €36,791 | €36,028 | €314,498 | €532,144 | €663,997 | ▲ 24.8% |
| Operating profit (loss)9901 | €36,388 | €3,597 | €148,993 | €149,888 | €110,599 | ▼ 26.2% |
| Financial income75/76B | €0 | €369 | €173 | €1,272 | €588 | ▼ 53.8% |
| Recurring financial income75 | €0 | €369 | €173 | €1,272 | €588 | ▼ 53.8% |
| Financial charges65/66B | €2,331 | €200 | €260 | €641 | €2,205 | ▲ 244% |
| Recurring financial charges65 | €2,331 | €200 | €260 | €641 | €2,205 | ▲ 244% |
| Profit (loss) for the period before taxes9903 | €34,057 | €3,765 | €148,905 | €150,519 | €108,982 | ▼ 27.6% |
| Income taxes67/77 | €6,929 | €1,937 | €34,979 | €50,908 | €39,624 | ▼ 22.2% |
| Profit (loss) for the period9904 | €27,128 | €1,829 | €113,927 | €99,610 | €69,358 | ▼ 30.4% |
| Profit (loss) for the period to be appropriated9905 | €27,128 | €1,829 | €113,927 | €99,610 | €69,358 | ▼ 30.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210,418 | €382,631 | €484,005 | €818,146 | €791,859 | ▼ 3.2% |
| Fixed assets21/28 | - | €899 | €4,265 | €2,555 | €3,719 | ▲ 45.6% |
| Tangible fixed assets22/27 | - | €899 | €4,265 | €2,555 | €3,719 | ▲ 45.6% |
| Furniture and vehicles24 | - | €899 | €4,265 | €2,555 | €3,719 | ▲ 45.6% |
| Current assets29/58 | €210,418 | €381,733 | €479,740 | €815,592 | €788,140 | ▼ 3.4% |
| Amounts receivable within one year40/41 | €190,873 | €279,287 | €342,292 | €492,001 | €392,424 | ▼ 20.2% |
| Trade receivables40 | €185,009 | €273,095 | €342,291 | €489,061 | €309,856 | ▼ 36.6% |
| Other amounts receivable41 | €5,864 | €6,192 | €1 | €2,940 | €82,568 | ▲ 2,708% |
| Current investments50/53 | - | - | €142 | €180,107 | €139,570 | ▼ 22.5% |
| Cash at bank and in hand54/58 | €19,545 | €100,246 | €134,354 | €138,337 | €238,043 | ▲ 72.1% |
| Deferred charges and accrued income490/1 | - | €2,199 | €2,953 | €5,148 | €18,104 | ▲ 252% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210,418 | €382,631 | €484,005 | €818,146 | €791,859 | ▼ 3.2% |
| Equity10/15 | €30,128 | €31,957 | €145,884 | €245,494 | €171,968 | ▼ 30.0% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €27,128 | €28,957 | €142,884 | €242,494 | €168,968 | ▼ 30.3% |
| Distributable reserves133 | €27,128 | €28,957 | €142,884 | €242,494 | €168,968 | ▼ 30.3% |
| Amounts payable17/49 | €180,290 | €350,674 | €338,121 | €572,652 | €619,890 | ▲ 8.2% |
| Amounts payable within one year42/48 | €180,290 | €350,674 | €338,121 | €572,652 | €619,890 | ▲ 8.2% |
| Financial debts43 | - | - | - | €423 | €34,011 | ▲ 7,934% |
| Credit institutions430/8 | - | - | - | €423 | €34,011 | ▲ 7,934% |
| Trade debts44 | €140,189 | €305,727 | €234,908 | €453,227 | €353,959 | ▼ 21.9% |
| Suppliers440/4 | €140,189 | €305,727 | €234,908 | €453,227 | €353,959 | ▼ 21.9% |
| Taxes, remuneration and social security45 | - | €5,854 | €63,149 | €118,653 | €88,904 | ▼ 25.1% |
| Taxes450/3 | - | €1,937 | €52,634 | €73,885 | €35,709 | ▼ 51.7% |
| Remuneration and social security454/9 | - | €3,917 | €10,514 | €44,768 | €53,195 | ▲ 18.8% |
| Other amounts payable47/48 | €40,101 | €39,093 | €40,064 | €349 | €143,016 | ▲ 40,933% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,128 | €1,829 | €113,927 | €99,610 | €69,358 | ▼ 30.4% |
| + Depreciation and write-downs630 | - | €192 | €673 | €1,710 | €1,713 | ▲ 0.2% |
| Operating cash flow (approximation) | €27,128 | €2,021 | €114,600 | €101,321 | €71,071 | ▼ 29.9% |
| Investment in fixed assets (approximation) | - | - | -€4,040 | €0 | -€2,877 | - |
| Change in cash | - | €80,701 | €34,108 | €3,983 | €99,707 | ▲ 2,404% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Equity above €200,000Eq €245,494 ▲68.3%
4 profitable years in a row build equity to €245,494.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €113,927 ▲6,130%
Net result €113,927, the highest in the series.
31-12
Financial
Equity above €100,000Eq €145,884 ▲356%
3 profitable years in a row build equity to €145,884.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €1,829 ▼93.3%
Net result drops to €1,829, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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
3 acts for this company are 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, Asse · 2 establishment units since 2020
Ground area
2,865 m²
Building footprint
1,507 m²
Volume, LiDAR
36,017 m³
2 parcels, Brussels, Flanders · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Poel 73, 1730 Asse
since 20202.308.470.633
Louizalaan 54, 1050 Elsene
since 20242.368.134.442
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 fl. |
| 23322D0259/00B000 | Flanders | 1,240 m² | 1 · 221 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
TOTAALCONCEPT
BE 0862.980.591
Zaventem · Eq €171,968
@quico
BE 0863.686.416
Brussel · Eq €171,968
IPRESIA
BE 0804.738.229
Liège · Eq €171,937
CT MANAGEMENT
BE 0762.698.528
Sprimont · Eq €171,934
AS SERVICES
BE 0874.311.676
Merelbeke-Melle · Eq €172,003
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 40,678 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
Founded15-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746939293
Also
9925:BE0746939293
Registered
24-11-2023
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.