SEATSCO
ActiveSummary
The computed 12-month bankruptcy probability of SEATSCO is 3.2% (moderate). The 2025 annual accounts show equity of €276,281 and a net result of €48,218. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 8161 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,542 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €205,161 | €193,590 | €264,122 | ▲ 36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,725 | €13,904 | €25,944 | ▲ 86.6% |
| Other operating charges640/8 | €21,084 | €43,023 | €5,968 | ▼ 86.1% |
| Gross operating margin9900 | €473,794 | €249,473 | €344,559 | ▲ 38.1% |
| Operating profit (loss)9901 | €236,824 | -€1,043 | €48,525 | ▲ 4,753% |
| Financial income75/76B | €38,072 | €33,022 | €32,726 | ▼ 0.9% |
| Recurring financial income75 | €38,072 | €33,022 | €32,726 | ▼ 0.9% |
| Financial charges65/66B | €10,247 | €5,941 | €19,525 | ▲ 229% |
| Recurring financial charges65 | €10,247 | €5,941 | €19,525 | ▲ 229% |
| Profit (loss) for the period before taxes9903 | €264,649 | €26,037 | €61,727 | ▲ 137% |
| Income taxes67/77 | €62,590 | €5,033 | €13,509 | ▲ 168% |
| Profit (loss) for the period9904 | €202,059 | €21,004 | €48,218 | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €202,059 | €21,004 | €48,218 | ▲ 130% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.4m | €1.2m | €1.5m | ▲ 28.6% |
| Fixed assets21/28 | €56,446 | €131,059 | €173,299 | ▲ 32.2% |
| Tangible fixed assets22/27 | €56,446 | €120,059 | €162,299 | ▲ 35.2% |
| Land and buildings22 | €8,994 | €57,115 | €83,775 | ▲ 46.7% |
| Plant, machinery and equipment23 | €39,214 | €56,946 | €55,304 | ▼ 2.9% |
| Furniture and vehicles24 | €8,237 | €5,998 | €23,220 | ▲ 287% |
| Financial fixed assets28 | - | €11,000 | €11,000 | = |
| Current assets29/58 | €1.3m | €1.0m | €1.3m | ▲ 28.2% |
| Stocks and contracts in progress3 | €423,416 | €382,582 | €648,915 | ▲ 69.6% |
| Stocks30/36 | €423,416 | €382,582 | €648,915 | ▲ 69.6% |
| Amounts receivable within one year40/41 | €22,627 | €433,776 | €466,913 | ▲ 7.6% |
| Trade receivables40 | €21,627 | €20,262 | €7,355 | ▼ 63.7% |
| Other amounts receivable41 | €1,000 | €413,514 | €459,558 | ▲ 11.1% |
| Cash at bank and in hand54/58 | €875,555 | €186,200 | €150,963 | ▼ 18.9% |
| Deferred charges and accrued income490/1 | €20,390 | €22,558 | €46,983 | ▲ 108% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.4m | €1.2m | €1.5m | ▲ 28.6% |
| Equity10/15 | €207,059 | €228,063 | €276,281 | ▲ 21.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €202,059 | €223,063 | €271,281 | ▲ 21.6% |
| Distributable reserves133 | €202,059 | €223,063 | €271,281 | ▲ 21.6% |
| Amounts payable17/49 | €1.2m | €928,113 | €1.2m | ▲ 30.5% |
| Amounts payable within one year42/48 | €961,726 | €919,611 | €1.2m | ▲ 28.9% |
| Trade debts44 | €595,905 | €472,469 | €239,108 | ▼ 49.4% |
| Suppliers440/4 | €595,905 | €472,469 | €239,108 | ▼ 49.4% |
| Advances received on contracts in progress46 | €244,392 | €341,669 | €348,865 | ▲ 2.1% |
| Taxes, remuneration and social security45 | €96,620 | €43,552 | €61,501 | ▲ 41.2% |
| Taxes450/3 | €64,876 | €5,935 | €13,509 | ▲ 128% |
| Remuneration and social security454/9 | €31,744 | €37,617 | €47,992 | ▲ 27.6% |
| Other amounts payable47/48 | €24,808 | €61,921 | €536,365 | ▲ 766% |
| Accrued charges and deferred income492/3 | €229,649 | €8,502 | €24,953 | ▲ 194% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €202,059 | €21,004 | €48,218 | ▲ 130% |
| + Depreciation and write-downs630 | €10,725 | €13,904 | €25,944 | ▲ 86.6% |
| Operating cash flow (approximation) | €212,783 | €34,908 | €74,162 | ▲ 112% |
| Investment in fixed assets (approximation) | - | -€88,517 | -€68,184 | ▲ 23.0% |
| Change in cash | - | -€689,354 | -€35,237 | ▲ 94.9% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
5 establishment units
5 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53512D1241/00L002 | Wallonia | 8,814 m² | 1 · 4,488 m² | 8.7 m · 1 fl. |
| 44054A0498/00R004indicative | Flanders | 5,526 m² | 1 · 2,307 m² | - |
| 46020A1398/00Y000 | Flanders | 2,952 m² | 1 · 2,469 m² | 9.2 m · 1 fl. |
| 36007A0664/00E005 | Flanders | 2,670 m² | 1 · 1,546 m² | 9.3 m · 2 fl. |
| 36007A0664/00F003 | Flanders | 77 m² | 1 · 110 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 ownerOwners 1
- Yarno Neermannatural personSourceown accounts 30-06-2024100%
Holdings 0
The accounts to 30-06-2024 list no holdings, and no other source names one.
According to the annual accounts to 30-06-2024 of SEATSCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.