SEASTAR SHIPPING
The computed 12-month bankruptcy probability of SEASTAR SHIPPING is 2.3% (moderate). The 2024 annual accounts show equity of €5.80M and a net result of €811k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5.80M |
| Net result | €811k |
| Active | 2 yrs |
| Board | 1 |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €811k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5.83M |
| Equity | €5.80M |
| Debt | €37k |
| of which ≤ 1y | €37k |
| of which > 1y | - |
| Working capital | €1.25M |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | 35.16 |
| Quick ratio | 35.16 |
| Working capital ratio | 21.5% |
| Solvency | 99.4% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 13.9% |
| ROE | 14.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.83M |
| Fixed assets | 21/28 | €4.54M |
| Financial fixed assets | 28 | €4.54M |
| Current assets | 29/58 | €1.29M |
| Investments | 50/53 | €1.10M |
| Cash & bank | 54/58 | €192k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.83M |
| Equity | 10/15 | €5.80M |
| Contributions / capital | 10/11 | €2.89M |
| Reserves | 13 | €2.10M |
| Accumulated profits (losses) | 14 | €811k |
| Amounts payable | 17/49 | €37k |
| Amounts payable within one year | 42/48 | €37k |
| Trade debts payable within one year | 44 | €37k |
| Income statement | ||
| Gross operating margin | 9900 | €-198k |
| Operating result | 9901 | €-207k |
| Financial income | 75 | €1.16M |
| Financial charges | 65 | €82k |
| Result before taxes | 9903 | €811k |
| Net result for the period | 9904 | €811k |
| Result to be appropriated | 9905 | €811k |
-
Michael Van CauwenbergeDirectorState Gazette act 25119838 (23-09-2025)Current13-06-2025 → present
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 18-12-2023 |
| Status | Active |
| Postal code | 9830 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
28-07-2026 Board meeting · Permanent representative
- Publication: 28/07/2026 · SEASTAR SHIPPING
- Filing: 17/07/2026 · SEASTAR SHIPPING
- Board meeting: 14/07/2026 · SEASTAR SHIPPING
- Permanent representative: start_date: 22/06/2026 · Olivier Leanerts
Technical details
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}23-09-2025 Michael Van Cauwenberge appointed as director
- Michael Van Cauwenberge, Bestuurder
Technical details
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}12-03-2024 Capital increase of €10,000,000 to €10,000,000
- €0 → €10.000.000
- Inbreng in geld · Apport en numéraire
Technical details
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}| Legal nameNL | SEASTAR SHIPPING |