SEBAS
ActiveSummary
SEBAS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,696 and a net result of €6,056. Equity has been shrinking by about 6.6% per year since 2019. Its solvency ranks better than 82% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-12-2018 Normal situation
- Registered office
- 30 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Property management for co-owned buildings (syndics) NACE 68321
- Establishment unit
- 2.287.994.725 2000 Antwerpen, since 07-12-2018
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Murre SebastiaanDirector · until 2025
- BEDROCK100%act of 27-10-2026
- Original Management comm.v.consolidatesannual accounts 2019
- Donald Murre50%annual accounts 2019
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €9,210
- ▲ 10.1%
- Turnover
- ≈ €33,000
- estimated
- Profit
- €6,056
- ▼ 1.0%
- Equity
- €12,696
- ▲ 91.2%
- Total assets
- €16,824
- ▲ 8.4%
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €16,824lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 3.92, cash €2,950, halvedShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 91% of them on solvency, 74% on liquidity, 95% on profitability and 91% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 06-07-2026 at the NBB all 7 filings
Every figure per financial year
The operating result for 2025 is 1% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 |
|---|---|
| Average over the year, in full-time equivalents | 0.2 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,699 | - | - | €958 | - |
| Depreciation and write-downs of the year | €859 | €566 | €566 | €198 | €192 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €18,971 | €365 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €432 | €400 | €859 | €566 | €566 | €198 | €192 | ▼ 3.3% |
| Other operating charges640/8 | - | - | €5,546 | €352 | €1,063 | €318 | €1,119 | ▲ 252% |
| Gross operating margin9900 | €6,961 | €19,028 | €26,244 | €5,494 | €9,071 | €8,365 | €9,210 | ▲ 10.1% |
| Operating profit (loss)9901 | €5,727 | €3,908 | €869 | €4,210 | €7,442 | €7,849 | €7,900 | ▲ 0.6% |
| Financial income75/76B | - | - | €213 | €310 | €866 | €619 | €615 | ▼ 0.7% |
| Recurring financial income75 | €185 | €788 | €213 | €310 | €866 | €619 | €615 | ▼ 0.7% |
| Financial charges65/66B | - | - | €552 | €190 | €180 | €180 | €221 | ▲ 22.7% |
| Recurring financial charges65 | €175 | €136 | €552 | €190 | €180 | €180 | €221 | ▲ 22.7% |
| Profit (loss) for the period before taxes9903 | €5,737 | €4,560 | €529 | €4,330 | €8,127 | €8,288 | €8,293 | ▲ 0.1% |
| Income taxes67/77 | €1,649 | €950 | €249 | €890 | €2,224 | €2,169 | €2,238 | ▲ 3.2% |
| Profit (loss) for the period9904 | €4,089 | €3,610 | €280 | €3,440 | €5,903 | €6,119 | €6,056 | ▼ 1.0% |
| Profit (loss) for the period to be appropriated9905 | €4,089 | €3,610 | €280 | €3,440 | €5,903 | €6,119 | €6,056 | ▼ 1.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €15,776 | €91,725 | €84,046 | €23,118 | €16,508 | €15,514 | €16,824 | ▲ 8.4% |
| Fixed assets21/28 | €770 | €369 | €1,209 | €643 | €77 | €837 | €645 | ▼ 22.9% |
| Tangible fixed assets22/27 | €770 | €369 | €1,209 | €643 | €77 | €837 | €645 | ▼ 22.9% |
| Furniture and vehicles24 | - | - | €1,209 | €643 | €77 | €837 | €645 | ▼ 22.9% |
| Current assets29/58 | €15,007 | €91,356 | €82,836 | €22,475 | €16,431 | €14,677 | €16,179 | ▲ 10.2% |
| Amounts receivable within one year40/41 | €7,104 | €91,097 | €77,698 | €18,854 | €12,663 | €8,129 | €13,229 | ▲ 62.7% |
| Trade receivables40 | - | - | €54,815 | €0 | €499 | €0 | €2,214 | - |
| Other amounts receivable41 | - | - | €22,883 | €18,854 | €12,164 | €8,129 | €11,014 | ▲ 35.5% |
| Cash at bank and in hand54/58 | €3,807 | €64 | €4,925 | €3,311 | €2,704 | €5,929 | €2,950 | ▼ 50.2% |
| Deferred charges and accrued income490/1 | - | - | €213 | €310 | €1,065 | €619 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €15,776 | €91,725 | €84,046 | €23,118 | €16,508 | €15,514 | €16,824 | ▲ 8.4% |
| Equity10/15 | €10,289 | €13,899 | €14,179 | €7,618 | €6,521 | €6,640 | €12,696 | ▲ 91.2% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €4,089 | €7,699 | €7,979 | €1,418 | €321 | €440 | €6,496 | ▲ 15× |
| Amounts payable17/49 | €5,488 | €77,826 | €69,867 | €15,499 | €9,987 | €8,874 | €4,128 | ▼ 53.5% |
| Amounts payable within one year42/48 | €5,488 | €77,826 | €69,867 | €15,499 | €9,987 | €8,874 | €4,128 | ▼ 53.5% |
| Trade debts44 | €3,839 | €71,984 | €68,405 | €3,059 | €787 | €674 | €1,928 | ▲ 186% |
| Suppliers440/4 | - | - | €68,405 | €3,059 | €787 | €674 | €1,928 | ▲ 186% |
| Taxes, remuneration and social security45 | - | - | €1,199 | €1,140 | €2,200 | €2,200 | €2,200 | = |
| Taxes450/3 | - | - | €1,199 | €1,140 | €2,200 | €2,200 | €2,200 | = |
| Remuneration and social security454/9 | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €263 | €11,300 | €7,000 | €6,000 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,089 | €3,610 | €280 | €3,440 | €5,903 | €6,119 | €6,056 | ▼ 1.0% |
| + Depreciation and write-downs630 | €432 | €400 | €859 | €566 | €566 | €198 | €192 | ▼ 3.3% |
| Operating cash flow (approximation) | €4,520 | €4,011 | €1,139 | €4,006 | €6,469 | €6,317 | €6,247 | ▼ 1.1% |
| Investment in fixed assets (approximation) | - | €0 | -€1,699 | €0 | €0 | -€958 | €0 | - |
| Change in cash | - | -€3,743 | €4,861 | -€1,614 | -€607 | €3,225 | -€2,978 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as SEBAS has now. Two years later, 94.9% were still going and 1.6% had gone 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 SEBAS itself is lower: 0.2% within 12 months. It rests on far more data about SEBAS than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 SEBAS. 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.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-07-2026 | 2026-00263461 | |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00259505 | |
| 31-12-2023 | abbreviated format | 07-06-2024 | 2024-00119039 | |
| 31-12-2022 | abbreviated format | 13-07-2023 | 2023-00239260 | |
| 31-12-2021 | abbreviated format | 01-08-2022 | 2022-20256008 | |
| 31-12-2020 | micro format | 25-02-2022 | 2022-06400295 | |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-66100493 |
Board & ownership
Directors
Owners and capital
Shareholders
4 ownersChain of control
Owners 4
- BEDROCKparentSourceact 27-10-2026100%
- Original Management comm.v.consolidating parentconsolidates
-
50%
- Donald Murrenatural personSourceown accounts 201950%
Capital transactions
- BV Bedrock (BE 1034.828.860) all shares
- 27-10-2026 Capital stated in 2 acts · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Murre Sebastiaan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Hij kan bijzondere machten toekennen aan elke mandataris., De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur…”“Deze wordt geboekt op de algemene kosten, los van eventuele representatie-, reis- en verplaatsingskosten., De algemene vergadering beslist…”“Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden., De gedelegeerden voor het dagelijks bestuur kunnen in het kader van…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Nieuwe aandelen moeten bij hun uitgifte worden volgestort., In geval van een enige aandeelhouder-bestuurder, bepaalt deze laatste vrij…”“Dag van de openstelling van de intekening, 15”
Articles of association, deed of 06-11-2025 (in Dutch)
Network & group
Acquisitions and mergers
2 transactionsCompanies at the same address
29 other companies- SIGNATUM MANAGEMENT Registered office · since 2026 1042875902
- Promstr Establishment · since 2026 0793142175
- LISALABS Registered office · since 2026 1035469852
- BEDROCK Registered office · since 2026 1034828860
- chuuchuu Registered office · since 2025 1030644497
- LTSM SYSTEMS Registered office · since 2025 1024770059
- GliBin Registered office · since 2025 1025133612
- NOT JUST SALT Establishment · since 2025 1022450472
- Code Of Us Belgium Registered office · since 2024 1017544648
- Lynqo Registered office · since 2024 1012352673
Connections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
27-10
Gazette deed
Merger proposal: to be absorbed by Original ImmoPermanent representative: MURRE Sebastiaan Kamiel · Shareholding · Capital18 points ▸
- Other provision, inleiding fusievoorstel, bestuursorgaan van de overnemende vennootschap en van de overgenomen vennootschap
- BV Bedrock holds all the shares, mentioned 2 times in the deed
- Other provision, vereenvoudigde zusterfusie zonder nieuwe aandelen en zonder ruilverhouding, artikel 12:7,2° WVV
- Board composition, Original Management CommV (director)
- Permanent representative, MURRE Sebastiaan Kamiel
- Capital, mentioned 2 times in the deed
- Board composition, MURRE Sebastiaan Kamiel (director)
- Merger, met fusie door overneming gelijkgestelde verrichting, none
- Other provision, redenen fusie, wegvallen dubbele boekhouding, jaarrekening, fiscale aangifte, btw-aangifte en neerleggings- en accountantskosten
- Other provision, fiscale motieven, artikel 183bis Wetboek van de inkomstenbelastingen 1992
- Accounting effect, 01-10-2026
- Other provision, rechten vennoten, aandeelhouders of houders andere effecten
- The act holds 6 more points.
17-09
Gazette deed
Registered office moved within AntwerpenPower of attorney2 points ▸
- Registered-office move, Lange Gasthuisstraat 29, 2000 Antwerpen
- Power of attorney, BV Fox Accounting
06-11
Gazette deed
Company renamed from SYNDICUS SERVICE to SEBASChange of role: MURRE Sebastiaan Kamiel, from manager and director to director · Incorporation · Legal-form conversion14 points ▸
- General meeting, 30-10-2025
- Incorporation, 03-12-2018
- Legal-form conversion, “aanpassing aan WVV, rechtsvorm besloten vennootschap (BV) behouden” (deed in Dutch)
- Purpose change
- Name change, SEBAS
- Capital conversion, “omzetting van gestort kapitaal en wettelijke reserve in onbeschikbaar eigen vermogen, WVV” (deed in Dutch)
- Net-asset statement, “verslag van het bestuursorgaan”, EUR (deed in Dutch)
- Capital, mentioned 2 times in the deed
- Reserve release, “statutair onbeschikbare eigenvermogensrekening schrappen en beschikbaar maken voor toekomstige uitkeringen” (deed in Dutch)
- Director resignation, MURRE Sebastiaan Kamiel (manager and director)
- Director discharge, MURRE Sebastiaan Kamiel
- Director appointment, MURRE Sebastiaan Kamiel (director (not named in the articles))
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202517 activities
- Het beheer van gebouwen en mede-eigendom in de hoedanigheid van syndicus of rentmeester, met inbegrip van alle administratieve, financiële, juridische en technische handelingen die met het beheer van onroerende goederen verband houden
- Het bemiddelen bij de aan- en verkoop, huur en verhuur van onroerende goederen, en het optreden als vastgoedmakelaar in de ruime zin van het woord
- Het aankopen, verkopen, (ver)huren, beheren, onderhouden en exploiteren van onroerende goederen voor eigen rekening of voor rekening van derden
- Het uitvoeren of coördineren van onderhouds-, schoonmaak-, klus- en herstellingswerken aan gebouwen en gemeenschappelijke delen, waaronder elektriciteit, loodgieterij, schilder- en herstellingswerken, keuringen en aanverwante diensten
- Het ontwikkelen, verkopen, implementeren en onderhouden van software- en Al-toepassingen, in het bijzonder gericht op vastgoedbeheer, syndicusdiensten en gebouwadministratie
- Het verlenen van advies inzake vastgoedbeheer, energie-efficiëntie, verzekeringen en aanverwante technische en administratieve domeinen
- Het optreden als tussenpersoon of consultant bij vastgoedverzekeringen en risicobeheer
- Het optreden als vereffenaar
- Het verlenen van financiële bijstand
- Zowel in België als in het buitenland, onder eender welke vorm, participaties te verwerven en aan te houden
- Het aankopen, verhuren, huren, doen verbouwen, verkavelen van alle al dan niet bebouwde onroerende goederen in België en in het buitenland, alsmede het beheren en uitbaten van het eigen patrimonium van de vennootschap, en het stellen van alle handelingen die rechtstreeks of onrechtstreeks, geheel of ten dele verband houden met het bovenstaande, of daartoe nodig, nuttig of bevorderlijk zijn
- Het ontwikkelen, beheren en uitvoeren van vastgoed- en projectontwikkelingsactiviteiten
- Het aankopen, verkopen, overdragen, beheren, te gelde maken en valoriseren, zowel voor eigen rekening als voor rekening van derden, van alle roerende waarden, aandelen, obligaties, staatsfondsen, van alle roerende en onroerende goederen en rechten, met uitzondering van de activiteiten die door de wet voorbehouden zijn aan vermogensbeheerders en beleggingsadviseurs
- Het beleggen in financiële instrumenten in de meest ruime zin van het woord, waaronder maar niet beperkt tot ETF's, aandelen en andere effecten
- Het geven of organiseren van cursussen en opleidingen
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke
- De vennootschap mag alle industriële, commerciële en financiële, roerende en onroerende verrichtingen doen die kunnen bijdragen tot het verwezenlijken of het vergemakkelijken van het voorwerp, met inbegrip van het deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven of waarvan het voorwerp in nauw verband met het hare staat, kredieten en leningen aangaan en toestaan, zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11803C0969/00B000 | Flanders | 2,666 m² | 1 · 483 m² | 18.0 m · 5 |
| 11002A0738/00_000 | Flanders | 24 m² | 1 · 23 m² | 13.2 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.