SEBA Works
ActiveSummary
The computed 12-month bankruptcy probability of SEBA Works is 4.6% (elevated). The 2025 annual accounts show negative equity (€-15k) and a net result of €-16k. Equity is shrinking by ~116.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1208 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-29
Growth32=
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.86 in 2024; short-term debt: 162.5% and cash: 18% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-62.5%
Return on assets
-70%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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
232425
2023 to 2025 · latest year €-15k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
29 d early
2023
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-15k
2024 · €2k
2023: €20khighest in 3 years
2024: €2k▼ -91.0% vs 2023
2025: €-15k▼ -938% vs 2024lowest in 3 years
2023 → 2025
Total assets
€24k▼ 51.0%
2024 · €48k
2023: €48khighest in 3 years
2024: €48k▼ -0.3% vs 2023
2025: €24k▼ -51.0% vs 2024lowest in 3 years
2023 → 2025
Net result
€-16k▲ 7.6%
2024 · €-18k
2023: €17khighest in 3 years
2024: €-18k▼ -207% vs 2023lowest in 3 years
2025: €-16k▲ +7.6% vs 2024
2023 → 2025
Working capital
€-24k▼ 269%
2024 · €-6k
2023: €16khighest in 3 years
2024: €-6k▼ -141% vs 2023
2025: €-24k▼ -269% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€20k-€2k▼ 91.0%€-15k
2023: €20khighest in 3 years
2024: €2k▼ -91.0% vs 2023
2025: €-15k▼ -938% vs 2024lowest in 3 years
Operating result€21k-€-16k€-15k▲ 6.4%
2023: €21khighest in 3 years
2024: €-16k▼ -175% vs 2023lowest in 3 years
2025: €-15k▲ +6.4% vs 2024
Net result€17k-€-18k€-16k▲ 7.6%
2023: €17khighest in 3 years
2024: €-18k▼ -207% vs 2023lowest in 3 years
2025: €-16k▲ +7.6% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €16k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€9k ▲ 10.3%
Current assets
€15k ▼ 63.6%
Key figures and ratios
EBITDA
€-13k▲
2024 · €-14k
Cash flow
€-15k▲
2024 · €-16k
Solvency
-62.5%▼
2024 · 3.7%
Current ratio
0.38▼
2024 · 0.86
Quick ratio
0.25▼
2024 · 0.81
Debt to equity
-2.60▼
2024 · 26.32
ROA
-70.0%▼
2024 · -37.1%
Interest coverage
-6.87▼
2024 · -6.21
Debt
€38k▼
2024 · €46k
Debt ≤ 1 year
€38k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48k€24k▼
Fixed assets21/28€8k€9k▲
Tangible fixed assets22/27€8k€9k▲
Furniture and vehicles24€2k€189▼
Assets under construction and advance payments27€6k€9k▲
Current assets29/58€40k€15k▼
Stocks and contracts in progress3€3k€5k▲
Stocks30/36€3k€5k▲
Amounts receivable within one year40/41€35k€4k▼
Trade receivables40€27k-
Other amounts receivable41€9k€4k▼
Cash at bank and in hand54/58€1k€4k▲
Deferred charges and accrued income490/1€656€1k▲
Equity and liabilities
Total equity and liabilities10/49€48k€24k▼
Equity10/15€2k€-15k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-1k€-18k▼
Amounts payable17/49€46k€38k▼
Amounts payable within one year42/48€46k€38k▼
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Other amounts payable47/48€39k€35k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€695€1k▲
Gross operating margin9900€-13k€-12k▲
Operating profit (loss)9901€-16k€-15k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-18k€-16k▲
Profit (loss) for the period9904€-18k€-16k▲
Profit (loss) for the period to be appropriated9905€-18k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-18k▲
Profit (loss) brought forward from the previous period14P-€-1k
Transfer from equity791/2€17k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | ▼ 0.1% |
| Other operating charges640/8 | €1k | €695 | €1k | ▲ 62.2% |
| Gross operating margin9900 | €24k | €-13k | €-12k | ▲ 10.9% |
| Operating profit (loss)9901 | €21k | €-16k | €-15k | ▲ 6.4% |
| Financial income75/76B | €114 | - | - | - |
| Recurring financial income75 | €114 | - | - | - |
| Financial charges65/66B | €224 | €2k | €2k | ▼ 16.2% |
| Recurring financial charges65 | €224 | €2k | €2k | ▼ 16.2% |
| Profit (loss) for the period before taxes9903 | €21k | €-18k | €-16k | ▲ 7.6% |
| Income taxes67/77 | €4k | - | - | - |
| Profit (loss) for the period9904 | €17k | €-18k | €-16k | ▲ 7.6% |
| Profit (loss) for the period to be appropriated9905 | €17k | €-18k | €-16k | ▲ 7.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €48k | €48k | €24k | ▼ 51.0% |
| Fixed assets21/28 | €4k | €8k | €9k | ▲ 10.3% |
| Tangible fixed assets22/27 | €4k | €8k | €9k | ▲ 10.3% |
| Furniture and vehicles24 | €4k | €2k | €189 | ▼ 90.7% |
| Assets under construction and advance payments27 | - | €6k | €9k | ▲ 43.8% |
| Current assets29/58 | €44k | €40k | €15k | ▼ 63.6% |
| Stocks and contracts in progress3 | - | €3k | €5k | ▲ 100% |
| Stocks30/36 | - | €3k | €5k | ▲ 100% |
| Amounts receivable within one year40/41 | €32k | €35k | €4k | ▼ 88.4% |
| Trade receivables40 | €27k | €27k | - | - |
| Other amounts receivable41 | €6k | €9k | €4k | ▼ 52.8% |
| Cash at bank and in hand54/58 | €9k | €1k | €4k | ▲ 195% |
| Deferred charges and accrued income490/1 | €3k | €656 | €1k | ▲ 79.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €48k | €48k | €24k | ▼ 51.0% |
| Equity10/15 | €20k | €2k | €-15k | ▼ 938% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €17k | - | - | - |
| Distributable reserves133 | €17k | - | - | - |
| Profit (loss) carried forward14 | - | €-1k | €-18k | ▼ 1,326% |
| Amounts payable17/49 | €29k | €46k | €38k | ▼ 17.3% |
| Amounts payable within one year42/48 | €29k | €46k | €38k | ▼ 17.3% |
| Trade debts44 | €11k | €7k | €3k | ▼ 59.9% |
| Suppliers440/4 | €11k | €7k | €3k | ▼ 59.9% |
| Other amounts payable47/48 | €18k | €39k | €35k | ▼ 9.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €-18k | €-16k | ▲ 7.6% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | ▼ 0.1% |
| Operating cash flow (approximation) | €18k | €-16k | €-15k | ▲ 8.5% |
| Investment in fixed assets (approximation) | - | €-6k | €-3k | ▲ 56.2% |
| Change in cash | - | €-8k | €3k | ▲ 135% |
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
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Dessel · 1 establishment unit since 2022
Ground area
1,324 m²
Building footprint
135 m²
Volume, LiDAR
762 m³
Parcel 13006C0002/06Z000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEBAWORKS
since 20222.339.634.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006C0002/06Z000 | Flanders | 1,324 m² | 1 · 135 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,006 companies in sector 81220 we hold annual accounts for 2,414. 432 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
Founded23-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.