SEB
ActiveSEB has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425k and a net result of €21k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+4
Solvency86▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.8 in 2024; short-term debt: 35.6% and cash: 2.1% of total assets), and 39% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
45 d early
2023
49 d early
2022
61 d early
2021
69 d early
2020
67 d early
2019
88 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€425k▲ 5.3%
2024 · €404k
2018: €20k
2019: €311k
2020: €315k
2021: €313k
2022: €330k
2023: €402k
2024: €404k
2018 → 2025
Total assets
€697k▼ 9.8%
2024 · €773k
2018: €21k
2019: €527k
2020: €482k
2021: €438k
2022: €470k
2023: €849k
2024: €773k
2018 → 2025
Net result
€21k▲ 1,292%
2024 · €2k
2018: €116
2019: €923
2020: €5k
2021: €-2k
2022: €17k
2023: €72k
2024: €2k
2018 → 2025
Working capital
€200k▼ 3.9%
2024 · €209k
2018: €19k
2019: €185k
2020: €177k
2021: €196k
2022: €218k
2023: €253k
2024: €209k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€313k-€330k▲ 5.4%€402k▲ 21.8%€404k▲ 0.4%€425k▲ 5.3%
Operating result€-162-€22k€99k▲ 348%€12k▼ 87.8%€37k▲ 204%
Net result€-2k-€17k€72k▲ 326%€2k▼ 97.9%€21k▲ 1,292%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 204% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €697k
Fixed assets
€249k▼ 18.0%
Current assets
€449k▼ 4.4%
Equity and liabilities €697k
Equity
€425k▲ 5.3%
Debt
€272k▼ 26.2%
The debt ratio falls from 47.7% to 39.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2024 · €89k
Cash flow
€102k▲
2024 · €79k
Solvency
61.0%▲
2024 · 52.3%
Current ratio
1.81▲
2024 · 1.80
Quick ratio
1.81▲
2024 · 1.80
Debt / equity
0.64▼
2024 · 0.91
ROE
5.0%▲
2024 · 0.4%
ROA
3.1%▲
2024 · 0.2%
Interest coverage
11.56▲
2024 · 6.49
Debt
€272k▼
2024 · €369k
Debt ≤ 1 year
€248k▼
2024 · €261k
Debt > 1 year
€19k▼
2024 · €101k
Income taxes
€5k▲
2024 · €31
Staff costs
€473k▲
2024 · €450k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€773k€697k▼
Fixed assets21/28€303k€249k▼
Intangible fixed assets21€998-
Tangible fixed assets22/27€283k€229k▼
Furniture and vehicles24€283k€229k▼
Financial fixed assets28€20k€20k=
Current assets29/58€470k€449k▼
Amounts receivable within one year40/41€222k€212k▼
Trade receivables40€196k€211k▲
Other amounts receivable41€26k€790▼
Current investments50/53€614€210k▲
Cash at bank and in hand54/58€235k€15k▼
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€773k€697k▼
Equity10/15€404k€425k▲
Contributions10/11€309k€309k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€93k€114k▲
Amounts payable17/49€369k€272k▼
Amounts payable after more than one year17€101k€19k▼
Financial debts170/4-€19k
Other amounts payable178/9€101k-
Amounts payable within one year42/48€261k€248k▼
Current portion of amounts payable after more than one year42€81k€88k▲
Trade debts44€128k€92k▼
Suppliers440/4€128k€92k▼
Taxes, remuneration and social security45€52k€68k▲
Taxes450/3€9k€16k▲
Remuneration and social security454/9€43k€53k▲
Accrued charges and deferred income492/3€7k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€450k€473k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€80k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€542k€592k▲
Operating profit (loss)9901€12k€37k▲
Financial income75/76B€3k€207▼
Recurring financial income75€3k€207▼
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€2k€27k▲
Income taxes67/77€31€5k▲
Profit (loss) for the period9904€2k€21k▲
Profit (loss) for the period to be appropriated9905€2k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€114k▲
Profit (loss) brought forward from the previous period14P€92k€93k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €72k ▲326%
Operating result €99k, net result €72k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-2k ▼139%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €311k ▲1483%
2 profitable years in a row build equity to €311k.
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Morlanwelz · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée Brunehault(CAR) 4017141 MorlanwelzGround area
8,727 m²
Building footprint
522 m²
Parcel 56015A0841/00S003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chaussée Brunehault(CAR) 401, 7141 Morlanwelz
since 20022.115.184.374
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56015A0841/00S003 | Wallonia | 8,727 m² | 1 · 522 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
4 categoriesSEB SRL43942
Similar companies · same sector, comparable size
wp Zimmer
BE 0428.652.502
Antwerpen · Eq €426k
Coolen
BE 0832.368.480
Antwerpen · Eq €424k
DREAMZ CONCEPTS
BE 0692.746.779
Geraardsbergen · Eq €427k
Paypro Services
BE 0640.938.089
Brussel · Eq €427k
COPIE & PRINT
BE 0456.599.388
Wijnegem · Eq €429k
Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,093 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2002
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.