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SEBAMAX

Active
Private limited companyfounded 201610 yrs activeZandberg 11, 9000 Gent, BelgiumKBO/BCE: BE 0657.990.590
Summary

SEBAMAX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,000 and a net result of €558,198. Equity is shrinking by ~28% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability50=
Solvency25▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.94 against 0.77 in 2024; short-term debt: 99.6% and cash: 5.8% of total assets), and 99.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
0.4%
Return on assets
213.3%
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 11-03-2026, 142 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
142 d early
2024
42 d early
2023
62 d early
2022
26 d early
2021
2 d early
2020
129 d early
2019
122 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 75 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 19 June (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 July 2016, SEBAMAX was incorporated.1 Total assets went from EUR 230,509 in 2018 to EUR 261,689 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1,000=
2024 · €1,000
Total assets
€261,689▲ 239%
2024 · €77,199
Net result
€558,198▲ 131%
2024 · €241,827
Working capital
-€15,449▲ 10.0%
2024 · -€17,160
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€18,668▲ 20.5%-€16,826▲ 9.9%-€14,911▲ 11.4%-€12,081▲ 19.0%-€7,906▲ 34.6%
Net result€164,578▲ 41.4%€164,062▼ 0.3%€166,480▲ 1.5%€241,827▲ 45.3%€558,198▲ 131%
Equity€20,460=€20,460=€1,000▼ 95.1%€1,000=€1,000=
Total assets€102,112▼ 27.3%€195,902▲ 91.8%€182,383▼ 6.9%€77,199▼ 57.7%€261,689▲ 239%
Debt€81,652▼ 32.0%€175,442▲ 115%€181,383▲ 3.4%€76,199▼ 58.0%€260,689▲ 242%
Working capital€15,980▼ 19.5%€16,392▲ 2.6%-€3,087-€17,160▼ 456%-€15,449▲ 10.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: -€18,668-€18,668Net result 2021: €164,578€164,578Operating result 2022: -€16,826-€16,826Net result 2022: €164,062€164,062Operating result 2023: -€14,911-€14,911Net result 2023: €166,480€166,480Operating result 2024: -€12,081-€12,081Net result 2024: €241,827€241,827Operating result 2025: -€7,906-€7,906Net result 2025: €558,198€558,19820212022202320242025-€200,000€0€200,000€400,000€600,000Operating result 2023: -€14,911-€14,900Net result 2023: €166,480€166,000Operating result 2024: -€12,081-€12,100Net result 2024: €241,827€242,000Operating result 2025: -€7,906-€7,910Net result 2025: €558,198€558,000202320242025
The operating result stays negative: a loss of €7,906 in 2025 against €12,081 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261,689
Fixed assets €16,449 ▼ 9.4%
Current assets €245,240 ▲ 315%
Equity and liabilities €261,689
Equity €1,000 =
Debt €260,689 ▲ 242%
Debt's share of the balance-sheet total rises from 98.7% to 99.6%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€6,197▲
2024 · -€11,277
Cash flow
€559,907▲
2024 · €242,631
Current ratio
0.94▲
2024 · 0.77
ROA
213.3%▼
2024 · 313.3%
Interest coverage
-137.70▲
2024 · -259.25
Debt ≤ 1 year
€260,689▲
2024 · €76,199
A ratio outside any meaningful range has been withheld (balance sheet total €261,689, equity €1,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.4% went bankrupt
3.2% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 1,325 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€77,199€261,689▲
Fixed assets21/28€18,160€16,449▼
Tangible fixed assets22/27€8,258€6,549▼
Furniture and vehicles24€4,357€2,648▼
Other tangible fixed assets26€3,901€3,901=
Financial fixed assets28€9,902€9,900=
Current assets29/58€59,039€245,240▲
Amounts receivable after more than one year29€50,000€25,000▼
Other amounts receivable291€50,000€25,000▼
Amounts receivable within one year40/41€108€205,111▲
Trade receivables40-€5,000
Other amounts receivable41€108€200,111▲
Current investments50/53€0-
Cash at bank and in hand54/58€8,887€15,085▲
Deferred charges and accrued income490/1€44€44=
Equity and liabilities
Total equity and liabilities10/49€77,199€261,689▲
Equity10/15€1,000€1,000=
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€76,199€260,689▲
Amounts payable within one year42/48€76,199€260,689▲
Trade debts44€1,125€1,645▲
Suppliers440/4€1,125€1,645▲
Other amounts payable47/48€75,073€259,044▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€804€1,709▲
Other operating charges640/8€987€544▼
Gross operating margin9900-€10,290-€5,653▲
Operating profit (loss)9901-€12,081-€7,906▲
Financial income75/76B€253,952€566,149▲
Recurring financial income75€253,952€566,149▲
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€241,827€558,198▲
Profit (loss) for the period9904€241,827€558,198▲
Profit (loss) for the period to be appropriated9905€241,827€558,198▲
Appropriation of the result
Profit (loss) to be appropriated9906€241,827€558,198▲
Transfer from equity791/2€0-
Profit to be distributed694/7€241,827€558,198▲
Return on contributions (dividend)694€241,827€558,198▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,054€266€266€804€1,709▲ 113%
Other operating charges640/8€468€469€763€987€544▼ 44.9%
Gross operating margin9900-€17,147-€16,090-€13,882-€10,290-€5,653▲ 45.1%
Operating profit (loss)9901-€18,668-€16,826-€14,911-€12,081-€7,906▲ 34.6%
Financial income75/76B€183,447€181,224€181,438€253,952€566,149▲ 123%
Recurring financial income75€183,447€181,224€181,438€253,952€566,149▲ 123%
Financial charges65/66B€201€336€47€44€45▲ 3.4%
Recurring financial charges65€201€336€47€44€45▲ 3.4%
Profit (loss) for the period before taxes9903€164,578€164,062€166,480€241,827€558,198▲ 131%
Income taxes67/77-€0€0----
Profit (loss) for the period9904€164,578€164,062€166,480€241,827€558,198▲ 131%
Profit (loss) for the period to be appropriated9905€164,578€164,062€166,480€241,827€558,198▲ 131%
Line20212022202320242025Change
Assets
Total assets20/58€102,112€195,902€182,383€77,199€261,689▲ 239%
Fixed assets21/28€4,619€4,353€4,087€18,160€16,449▼ 9.4%
Tangible fixed assets22/27€4,467€4,201€3,935€8,258€6,549▼ 20.7%
Furniture and vehicles24€566€300€34€4,357€2,648▼ 39.2%
Other tangible fixed assets26€3,901€3,901€3,901€3,901€3,901=
Financial fixed assets28€152€152€152€9,902€9,900=
Current assets29/58€97,493€191,549€178,296€59,039€245,240▲ 315%
Amounts receivable after more than one year29-€100,000€75,000€50,000€25,000▼ 50.0%
Other amounts receivable291-€100,000€75,000€50,000€25,000▼ 50.0%
Amounts receivable within one year40/41€0--€108€205,111▲ 190,364%
Trade receivables40----€5,000-
Other amounts receivable41€0--€108€200,111▲ 185,721%
Current investments50/53€75,000€75,000€100,000€0--
Cash at bank and in hand54/58€22,493€16,549€1,858€8,887€15,085▲ 69.7%
Deferred charges and accrued income490/1--€1,438€44€44=
Equity and liabilities
Total equity and liabilities10/49€102,112€195,902€182,383€77,199€261,689▲ 239%
Equity10/15€20,460€20,460€1,000€1,000€1,000=
Contributions10/11€18,600€18,600€1,000€1,000€1,000=
Reserves13€1,860€1,860€0---
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Profit (loss) carried forward14€0€0€0€0€0-
Amounts payable17/49€81,652€175,442€181,383€76,199€260,689▲ 242%
Amounts payable within one year42/48€81,513€175,158€181,383€76,199€260,689▲ 242%
Trade debts44€940€1,590€3€1,125€1,645▲ 46.2%
Suppliers440/4€940€1,590€3€1,125€1,645▲ 46.2%
Taxes, remuneration and social security45€249€60€0---
Taxes450/3€249€60€0---
Other amounts payable47/48€80,324€173,507€181,380€75,073€259,044▲ 245%
Accrued charges and deferred income492/3€139€285€0---
Line20212022202320242025Change
Profit (loss) for the period9904€164,578€164,062€166,480€241,827€558,198▲ 131%
+ Depreciation and write-downs630€1,054€266€266€804€1,709▲ 113%
Operating cash flow (approximation)€165,632€164,329€166,746€242,631€559,907▲ 131%
Investment in fixed assets (approximation)-€0€0-€14,877€2▲ 100%
Change in cash--€5,944-€14,691€7,029€6,198▼ 11.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €558,198 ▲131%
Operating result -€7,906, net result €558,198, both a record.
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
688 m²
Building footprint
665 m²
Parcel 44802B1449/00F000, Flanders. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
SEBAMAX
Zandberg 11, 9000 GentFinancial service activities, except insurance and pension funding
since 20162.256.240.883
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44802B1449/00F000
ProtectedMonument · Townscape or village viewHotel Vanden MeerscheSource ↗
Flanders 688 m² 1 · 665 m² -
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of SEBAMAX 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.

Company details

Identification
Legal formPrivate limited company
Founded04-07-2016
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0657990590
Also 9925:BE0657990590
Registered 25-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.