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Seatstat

Active Private limited companyfounded 2019active for 6 yearsSint-Annarei 10, 8000 BrugesKBO/BCE: BE 0740.513.242

Lifetime

6 annual accounts with figures on one time axis
peak €60,890 (2025)
€60,890▲ 21.4%
lowest -€27,732 (2020)
€41,563▲ 26.7%
peak €90,186 (2025)
€90,186▲ 85.5%
€50,316▲ 48.0%
Board1 name since 2019
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €50,163 to €60,890Result from €32,799 to €41,563Equity from €48,624 to €90,186Debts from €33,987 to €50,316Investments €11,163

Key points

from the 2025 annual accounts

Overdue debts

€6,155 on 31-12-2025

The annual accounts state €6,155 of overdue tax debts on 31-12-2025.

Equity

€90,186 ▲ 85.5%

Seatstat has made a profit without a break since 2022.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Investments

€13,145 5.1 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

6 annual accounts 4 late
AprilJune31 JulyOctober202020222024

The 2020 accounts came latest: 83 days after the end of the period.

Checked score

89
Excellent
Financially stronger than 60% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

89+5equity 64.2% of total assets
38+1short-term debt 34.9% · cash 2.8%
100=return on assets 29.6%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Liquidity: current ratio 2.63, cash €3,932
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €140,502
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 56% of them on solvency, 15% on liquidity, 82% on profitability and 88% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Seatstat has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Seatstat itself is lower: 0.2% within 12 months. It rests on far more data about Seatstat than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for Seatstat. 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

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.63 (2.34 in 2024), above the usual 1.5. Short-term debt is 34.9% and cash 2.8% of total assets. 35.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €140,502
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.63, cash €3,932
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filings
Deviation from the deadline
2025
31 days late
2024
29 days early
2023
16 days early
2022
24 days late
2021
43 days late
2020
83 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 23 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · 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 24 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VP
Director, since 26-12-2019
  • VLESSERT Patrick William 100 sharesdeed of 31-12-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0740513242
First establishment Sint-Annarei 10, Bruges
Incorporation Founding capital of €100,000, 100 shares · Founder: VLESSERT Patrick William · Appointment: VLESSERT Patrick William (director) · published on 31-12-2019 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company
Seatstat Bruges €140,502 €60,890 64.2% -
Jovec Beernem €167,978 €57,387 8.8% -
Dylan Slabbinck Torhout €167,153 €64,019 54.1% -
Trayl Ostend €120,507 €53,405 21.2% -
BIRDSHAPE Kuurne €164,036 €65,199 88.9% -
De Wintere Consulting Waregem €156,085 €71,552 64.0% -
JAVONADO Oostkamp €155,521 €76,284 16.8% -

These companies have the same main activity as Seatstat: computer programming (NACE 62100). They are comparable in size and age: total assets between €121,000 and €168,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 27-12-2019Normal situation
Activity
Computer programmingNACE 62100and 3 others
Establishment unit
2.300.586.4148000 Bruges, since 01-01-2020
Financial year end
31 December
Peppol
Reachable since 25-12-2024
Company details

Annual accounts 2025

€140,502▲ 70.1%
Filing
Filed on 31-08-2026
Financials

Insights on Seatstat

Seatstat files the micro format. That format states no turnover. The gross margin rose from -€14,360 in 2020 to €60,890 in 2025.

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 Seatstat

What is the company number of Seatstat?
The company number of Seatstat is 0740.513.242. The VAT number is the same number with BE in front: BE 0740.513.242.
Where is Seatstat based?
The registered office is at Sint-Annarei 10, 8000 Bruges.Company details
What does Seatstat do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Seatstat?
Seatstat is a private limited company (BV).
When was Seatstat founded?
Seatstat was founded on 27-12-2019.
Is Seatstat still active?
Yes, Seatstat is an active enterprise in the KBO register.
What is the turnover of Seatstat?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €60,890 and 41 comparable companies (NACE 62100). It probably lies between €120,000 and €180,000.Financials
Is Seatstat profitable?
In financial year 2025, Seatstat made a profit of €41,563.
Where can I find the annual accounts of Seatstat?
Seatstat filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Seatstat due?
Seatstat must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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