Turnover
€245,424 ▼ 46.2%
Turnover fell in 2025 from €456,438 to €245,424.
SEART CONSTRUCT
Lifetime
2 annual accounts with figures on one time axispeak €456,438 (2024)
€245,424▼ 46.2%
peak €15,480 (2024)
€1,332▼ 91.4%
peak €16,811 (2025)
€16,811▲ 8.6%
€157,417▲ 30.1%
Board1 name since 2023
1 director
Documentsfilings and deeds
25-06-20265 days before the deadline
2025micro format
Turnover from €456,438 to €245,424Gross margin from €34,115 to €17,802Result from €15,480 to €1,332Debts from €120,996 to €157,417Investments €54,211
Key points
from the 2025 annual accountsDebts
€157,417 90% of the balance sheet
Financial debts 31%Suppliers 46%Taxes and wages 0%Other 22%
Of this, €108,247 falls due within a year.
Investments
€54,211 3.6 × depreciation
Green is investment, beige is depreciation.
Payment terms
116 days to suppliers
SEART CONSTRUCT pays its suppliers 19 days later than in 2024. Customers pay 48 days later.
Starting capital
€4,000
Position in the sector
9.6%
Lower solvency than 86% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,134 companies had the same profile as SEART CONSTRUCT has now. Each dot stands for 6 companies, two years later.
92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,134 companies, not a prediction for SEART CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved to Laeken
New registered office: Rue Adrien Bayet 32, 1020 Laeken · General meeting of 16-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802896219
First establishment
Adrien Bayetlaan 32, Brussels
Incorporation
Founding capital of €4,000 · Founder: · Appointment: (sole director) · published on 21-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SEART CONSTRUCT Brussels | €174,229 | €17,802 | 9.6% | - |
| CONSTRUCTION DESIGN CONCEPT Sint-Gillis (bij-Brussel) | €223,785 | €15,907 | 23.5% | - |
| TRANOV Ypres | €140,668 | €14,661 | 54.1% | - |
| Kris Goelen Balen | €119,795 | €14,199 | -40.6% | - |
| Vemi Projects Beernem | €115,280 | €16,903 | 15.7% | - |
| HOLFIX Moorslede | €225,066 | €26,762 | 19.2% | - |
| AMS Corp. Nazareth-De Pinte | €207,915 | €31,632 | 61.9% | - |
These companies have the same main activity as SEART CONSTRUCT: plastering work (NACE 43310). They are comparable in size and age: total assets between €115,000 and €225,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 19-06-2023Normal situation
- Activity
- Plastering workNACE 43310and 4 others
- Establishment unit
- 2.347.413.7571020 Brussels, since 19-07-2023
- Financial year end
- 30 November
- Peppol
- Reachable since 23-12-2025
Annual accounts to 30-11-2025
- €174,229▲ 27.7%
- ≈ 0 FTEestimated
- Filing
- Filed on 25-06-2026, 5 days before the end of the filing period
Insights on SEART CONSTRUCT
The 2025 annual accounts show equity of €16,811 and a net result of €1,332. Its solvency ranks better than 14% of 37,177 sector peers (NACE 43, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SEART CONSTRUCT
- What is the company number of SEART CONSTRUCT?
- The company number of SEART CONSTRUCT is 0802.896.219. The VAT number is the same number with BE in front: BE 0802.896.219.
- Where is SEART CONSTRUCT based?
- The registered office is at Adrien Bayetlaan 32, 1020 Brussels.Company details
- What does SEART CONSTRUCT do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of SEART CONSTRUCT?
- SEART CONSTRUCT is a private limited company (BV).
- When was SEART CONSTRUCT founded?
- SEART CONSTRUCT was founded on 19-06-2023.
- Is SEART CONSTRUCT still active?
- Yes, SEART CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of SEART CONSTRUCT?
- The turnover of SEART CONSTRUCT was €245,424 in financial year 2025, according to the filed annual accounts.Financials
- Is SEART CONSTRUCT profitable?
- In financial year 2025, SEART CONSTRUCT made a profit of €1,332.
- Where can I find the annual accounts of SEART CONSTRUCT?
- SEART CONSTRUCT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SEART CONSTRUCT due?
- SEART CONSTRUCT must file the annual accounts for financial year 2026 by 30-06-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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