SEB Intern
ActiveSummary
SEB Intern has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,012) and a net result of -€8,638. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-40
Solvency10▼-18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.55 in 2024; short-term debt: 100% and cash: 25.6% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-14.5%
Return on assets
-17.9%
Age of the figures
18 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€7,012
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
15 d late
2021
3 d early
2020
6 d late
2019
20 d 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 on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€7,012
2024 · €1,626
Total assets
€48,285▼ 17.1%
2024 · €58,275
Net result
-€8,638
2024 · €7,112
Working capital
-€24,033▼ 8.1%
2024 · -€22,233
Trend over the years
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€583▲ 75.5%-€4,126▼ 608%€645€7,467▲ 1,058%-€5,813
Net result-€835within the sector's middle half▲ 71.4%-€4,382below the sector's middle half▼ 425%€467within the sector's middle half€7,112within the sector's middle half▲ 1,423%-€8,638below the sector's middle half
Equity-€1,571below the sector's middle half▼ 114%-€5,952below the sector's middle half▼ 279%-€5,486below the sector's middle half▲ 7.8%€1,626below the sector's middle half-€7,012below the sector's middle half
Total assets€39,677below the sector's middle half▼ 5.7%€31,856below the sector's middle half▼ 19.7%€29,961below the sector's middle half▼ 5.9%€58,275below the sector's middle half▲ 94.5%€48,285below the sector's middle half▼ 17.1%
Debt€41,248▼ 3.6%€37,808▼ 8.3%€35,447▼ 6.2%€56,648▲ 59.8%€55,297▼ 2.4%
Working capital-€7,876below the sector's middle half▲ 15.4%-€10,724below the sector's middle half▼ 36.2%-€8,153below the sector's middle half▲ 24.0%-€22,233below the sector's middle half▼ 173%-€24,033below the sector's middle half▼ 8.1%
Solvency-4.0%below the sector's middle half▼ 2.2pp-18.7%below the sector's middle half▼ 14.7pp-18.3%below the sector's middle half▲ 0.4pp2.8%below the sector's middle half▲ 21.1pp-14.5%below the sector's middle half▼ 17.3pp
Current ratio0.79below the sector's middle half▲ 0.030.68below the sector's middle half▼ 0.110.73below the sector's middle half▲ 0.050.55below the sector's middle half▼ 0.180.50below the sector's middle half▼ 0.05
Return on assets (ROA)-2.1%below the sector's middle half▲ 4.8pp-13.8%below the sector's middle half▼ 11.6pp1.6%within the sector's middle half▲ 15.3pp12.2%within the sector's middle half▲ 10.6pp-17.9%below the sector's middle half▼ 30.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,813 after €7,467 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,285
Fixed assets
€24,022 ▼ 22.2%
Current assets
€24,264 ▼ 11.5%
Key figures and ratios
EBITDA
€1,025▼
2024 · €10,797
Cash flow
-€1,800▼
2024 · €10,443
Quick ratio
0.28▼
2024 · 0.30
Debt to equity
-7.89▼
2024 · 34.83
Interest coverage
5.33▼
2024 · 44.66
Debt ≤ 1 year
€48,297▼
2024 · €49,648
Debt > 1 year
€7,000=
2024 · €7,000
Income taxes
€2,633▲
2024 · €113
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,639 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €150 | €13 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,921 | €1,533 | €1,533 | €3,331 | €6,838 | ▲ 105% |
| Other operating charges640/8 | - | €3,918 | €706 | €695 | €4,958 | ▲ 614% |
| Gross operating margin9900 | €5,157 | €1,326 | €2,884 | €11,492 | €5,983 | ▼ 47.9% |
| Operating profit (loss)9901 | -€583 | -€4,126 | €645 | €7,467 | -€5,813 | ▼ 178% |
| Financial income75/76B | - | €28 | €260 | - | €0 | - |
| Recurring financial income75 | €4 | €28 | €260 | - | €0 | - |
| Financial charges65/66B | - | €249 | €324 | €242 | €192 | ▼ 20.5% |
| Recurring financial charges65 | €139 | €249 | €324 | €242 | €192 | ▼ 20.5% |
| Profit (loss) for the period before taxes9903 | -€717 | -€4,347 | €582 | €7,225 | -€6,005 | ▼ 183% |
| Income taxes67/77 | €118 | €34 | €115 | €113 | €2,633 | ▲ 2,232% |
| Profit (loss) for the period9904 | -€835 | -€4,382 | €467 | €7,112 | -€8,638 | ▼ 221% |
| Profit (loss) for the period to be appropriated9905 | -€835 | -€4,382 | €467 | €7,112 | -€8,638 | ▼ 221% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,677 | €31,856 | €29,961 | €58,275 | €48,285 | ▼ 17.1% |
| Fixed assets21/28 | €10,813 | €9,280 | €7,667 | €30,860 | €24,022 | ▼ 22.2% |
| Tangible fixed assets22/27 | €10,734 | €9,201 | €7,667 | €30,860 | €24,022 | ▼ 22.2% |
| Furniture and vehicles24 | - | - | - | €24,726 | €19,421 | ▼ 21.5% |
| Other tangible fixed assets26 | - | €9,201 | €7,667 | €6,134 | €4,601 | ▼ 25.0% |
| Financial fixed assets28 | €79 | €79 | - | - | - | - |
| Current assets29/58 | €28,864 | €22,576 | €22,294 | €27,415 | €24,264 | ▼ 11.5% |
| Stocks and contracts in progress3 | €14,095 | €13,683 | €12,528 | €12,423 | €10,558 | ▼ 15.0% |
| Stocks30/36 | - | €13,683 | €12,528 | €12,423 | €10,558 | ▼ 15.0% |
| Amounts receivable within one year40/41 | €616 | €427 | - | €2,402 | €527 | ▼ 78.1% |
| Trade receivables40 | - | €427 | - | €1,339 | €260 | ▼ 80.6% |
| Other amounts receivable41 | - | - | - | €1,063 | €267 | ▼ 74.9% |
| Cash at bank and in hand54/58 | €11,899 | €7,213 | €8,457 | €11,945 | €12,343 | ▲ 3.3% |
| Deferred charges and accrued income490/1 | - | €1,253 | €1,309 | €646 | €836 | ▲ 29.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,677 | €31,856 | €29,961 | €58,275 | €48,285 | ▼ 17.1% |
| Equity10/15 | -€1,571 | -€5,952 | -€5,486 | €1,626 | -€7,012 | ▼ 531% |
| Contributions10/11 | - | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €460 | €460 | €460 | €460 | €460 | = |
| Non-distributable reserves130/1 | - | €460 | €460 | €460 | - | - |
| Reserves not available under the articles1311 | - | €460 | €460 | €460 | - | - |
| Distributable reserves133 | - | - | - | - | €460 | - |
| Profit (loss) carried forward14 | -€21,031 | -€25,412 | -€24,946 | -€17,834 | -€26,472 | ▼ 48.4% |
| Amounts payable17/49 | €41,248 | €37,808 | €35,447 | €56,648 | €55,297 | ▼ 2.4% |
| Amounts payable after more than one year17 | €4,160 | €4,160 | €4,600 | €7,000 | €7,000 | = |
| Other amounts payable178/9 | - | €4,160 | €4,600 | €7,000 | €7,000 | = |
| Amounts payable within one year42/48 | €36,741 | €33,301 | €30,447 | €49,648 | €48,297 | ▼ 2.7% |
| Trade debts44 | €4,680 | €8,722 | €7,382 | €7,884 | €4,078 | ▼ 48.3% |
| Suppliers440/4 | - | €8,722 | €7,382 | €7,884 | €4,078 | ▼ 48.3% |
| Taxes, remuneration and social security45 | - | €248 | €117 | €228 | €690 | ▲ 203% |
| Taxes450/3 | - | €248 | €117 | €228 | €690 | ▲ 203% |
| Other amounts payable47/48 | - | €24,331 | €22,948 | €41,537 | €43,529 | ▲ 4.8% |
| Accrued charges and deferred income492/3 | - | €348 | €400 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€835 | -€4,382 | €467 | €7,112 | -€8,638 | ▼ 221% |
| + Depreciation and write-downs630 | €1,921 | €1,533 | €1,533 | €3,331 | €6,838 | ▲ 105% |
| Operating cash flow (approximation) | €1,086 | -€2,848 | €2,000 | €10,443 | -€1,800 | ▼ 117% |
| Investment in fixed assets (approximation) | - | €0 | €79 | -€26,523 | €0 | ▲ 100% |
| Change in cash | - | -€4,686 | €1,244 | €3,488 | €398 | ▼ 88.6% |
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
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€8,638
Net result drops to -€8,638, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €7,112 ▲1,423%
Operating result €7,467, net result €7,112, both a record.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €467
Net result €467 after 4 loss-making years.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2016
31-10
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Vorst · 1 establishment unit since 1994
Ground area
910 m²
Building footprint
507 m²
Volume, LiDAR
9,477 m³
2 parcels, Brussels · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
SEB INTERN
since 19942.066.384.664
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0027/00R000 | Brussels | 880 m² | 1 · 477 m² | 24.1 m · 6 fl. |
| 21009A0760/00B000 | Brussels | 31 m² | 1 · 31 m² | 21.0 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 66 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-03-1994
Fiscal year end31-03
Activities, NACEBEL 2025
46499Wholesale of other household goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452362963
Registered
10-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.