SEASTAR CAPITAL

Active Risk: not assessed

Private limited company (pre-2019)founded 2017active for 8 yearsOostlaan 4, 8560 Wevelgem, Belgium17 active companies are registered at this addressKBO/BCE: BE 0685.867.204

Summary

SEASTAR CAPITAL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €108.8m and a net result of €1.6m, of which €3.6m non-recurring income. Equity is growing by about 6.4% per year across the filed financial years. Its solvency ranks better than 95% of 3,011 sector peers (NACE 64, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

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SEASTAR CAPITALActive

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Activity

Activities of holding companies

NACE 64210

3rd largest company by equity in Wevelgem, Finance and insurance sector1 site

Size

€1.2mturnover 2025

Staff: 8.4 FTE
Equity: €108.8m
Profit: €1.6m

Turnover +103%: merger

Financial health

Financial institution: outside the modelBankruptcy probability: sector outside the model

Structure

Holdings: 9

Joost VAN CAUWENBERGEDirector
CHRISTOODirector · permanent representative Virginie VAN CAUWENBERGE
SECAFINDirector · permanent representative Michael VAN CAUWENBERGE

2025 accounts filed 21 days late3 of 5 deeds summarised

Signalsraises risk2025 accounts filed 21 days lateShow the evidence

Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.

raises risk

2025 accounts filed 21 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 8 filings

Deviation from the deadline

2025

21 days late

2024

340 days late

2023

29 days late

2022

47 days early

2021

30 days late

2020

15 days early

2019

14 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)

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 30 August (4 of the last 5 filed years within 77 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-08-2026 Annual accounts filedfinancial year 2025 · full…
06-07-2026 Annual accounts filedfinancial year 2024 · full…
31-12-2025 Weakest financial yearnet €1.6m ▼91.1%

Key points

Turnover rose in 2025merger with BELINVEST ▲ 103% View
Positive: Among the best 5% on solvencysector median 61.2% · 3,011 companies 99.8% View
Heads a groupcompanies controlled 21 View
Positive: 8 profitable years in a rowprofit 2025: €1.6m, mostly one-off 8 years View

By topic

Financials

Financial year: 2025
Turnover: €1.2m
Profit: €1.6m
Solvency: 99.8%

Turnover▲ 103%

Net result

20242025

Go to Financials

Board & ownership

Board: 3 members

Joost VAN CAUWENBERGEDirector
CHRISTOODirector
SECAFINDirector

Go to Board & ownership

Network & group

Subsidiaries, all levels: 21
Direct holdings: 9
Connected companies: 5
Mergers and asset contributions: 1

21 subsidiaries

Go to Network & group

Timeline

Events: 16
Since: 2019
Next accounts: by 31-07-2027

30-10-2025Resignations: Michael VAN CAUWENBERGE (director) and Virginie…
29-08-2025Capital & shares · Resignations & appointments…
26-05-2025Restructuring

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Activities of holding companiesNACE 64210
Founded: 12-12-2017
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 32

Annual meeting: First Monday of June at 14:00
Purpose: “De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende…” (deed in Dutch)

Go to Articles of association

Key facts about SEASTAR CAPITAL

What is the company number of SEASTAR CAPITAL?: 0685.867.204. In Belgium the VAT number is the company number with BE in front: BE 0685.867.204.
Where is SEASTAR CAPITAL based?: The registered office is at Oostlaan 4, 8560 Wevelgem.Company details
What does SEASTAR CAPITAL do?: According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of SEASTAR CAPITAL?: Private limited company (pre-2019) (BVBA).
When was SEASTAR CAPITAL founded?: On 12-12-2017.
Is SEASTAR CAPITAL still active?: Yes, SEASTAR CAPITAL is an active enterprise in the KBO register.
How many employees does SEASTAR CAPITAL have?: On average 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SEASTAR CAPITAL?: €1.2m in financial year 2025, according to the filed annual accounts.
Is SEASTAR CAPITAL profitable?: In financial year 2025, SEASTAR CAPITAL made a profit of €1.6m.
Where can I find the annual accounts of SEASTAR CAPITAL?: SEASTAR CAPITAL filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SEASTAR CAPITAL due?: By 31-07-2027, for financial year 2026.Timeline