SEBCAM
ActiveSummary
SEBCAM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €999k and a net result of €24k. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+2
Solvency53▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.36 in 2024; short-term debt: 45.3% and cash: 2.2% of total assets), and 71.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
28.4%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d early
2022
26 d early
2021
29 d late
2020
31 d late
2019
91 d late
← 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, micro schema
Turnover
€217k
EBIT margin
-11.2%
Net result
€24k
2024 · €-11k
2018: €-44k
2019: €-22k▲ +50.1% vs 2018
2020: €68k▲ +408% vs 2019highest in 8 years
2021: €-27k▼ -140% vs 2020
2022: €-112k▼ -311% vs 2021lowest in 8 years
2023: €-79k▲ +30.0% vs 2022
2024: €-11k▲ +86.3% vs 2023
2025: €24k▲ +324% vs 2024
2018 → 2025
Working capital
€-1.00M▲ 7.9%
2024 · €-1.09M
2018: €-740khighest in 8 years
2019: €-1.23M▼ -65.8% vs 2018lowest in 8 years
2020: €-1.02M▲ +16.7% vs 2019
2021: €-917k▲ +10.3% vs 2020
2022: €-784k▲ +14.5% vs 2021
2023: €-1.05M▼ -33.4% vs 2022
2024: €-1.09M▼ -3.9% vs 2023
2025: €-1.00M▲ +7.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.18M-€1.06M▼ 9.5%€986k▼ 7.4%€975k▼ 1.1%€999k▲ 2.5%
2021: €1.18Mhighest in 5 years
2022: €1.06M▼ -9.5% vs 2021
2023: €986k▼ -7.4% vs 2022
2024: €975k▼ -1.1% vs 2023lowest in 5 years
2025: €999k▲ +2.5% vs 2024
Operating result€15k-€-98k€-9k▲ 90.4%€15k€48k▲ 210%
2021: €15k
2022: €-98k▼ -774% vs 2021lowest in 5 years
2023: €-9k▲ +90.4% vs 2022
2024: €15k▲ +263% vs 2023
2025: €48k▲ +210% vs 2024highest in 5 years
Net result€-27k-€-112k▼ 311%€-79k▲ 30.0%€-11k▲ 86.3%€24k
2021: €-27k
2022: €-112k▼ -311% vs 2021lowest in 5 years
2023: €-79k▲ +30.0% vs 2022
2024: €-11k▲ +86.3% vs 2023
2025: €24k▲ +324% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 210% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.52M
Fixed assets
€2.92M ▼ 4.9%
Current assets
€593k ▼ 4.4%
Equity and liabilities €3.52M
Equity
€999k ▲ 2.5%
Debt
€2.52M ▼ 7.4%
Debt's share of the balance-sheet total falls from 73.6% to 71.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€222k▲
2024 · €214k
Cash flow
€199k▲
2024 · €188k
Current ratio
0.37▲
2024 · 0.36
Debt to equity
2.52▼
2024 · 2.79
ROE
2.4%▲
2024 · -1.1%
ROA
0.7%▲
2024 · -0.3%
Interest coverage
7.35▲
2024 · 6.30
Debt ≤ 1 year
€1.59M▼
2024 · €1.71M
Debt > 1 year
€922k▼
2024 · €1.01M
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.69M€3.52M▼
Formation expenses20€0-
Fixed assets21/28€3.07M€2.92M▼
Tangible fixed assets22/27€3.07M€2.92M▼
Land and buildings22€2.12M€2.21M▲
Plant, machinery and equipment23€754k€714k▼
Furniture and vehicles24€102€19▼
Assets under construction and advance payments27€201k€0▼
Current assets29/58€620k€593k▼
Amounts receivable within one year40/41€555k€502k▼
Trade receivables40€28k€13k▼
Other amounts receivable41€527k€489k▼
Cash at bank and in hand54/58€62k€77k▲
Deferred charges and accrued income490/1€3k€14k▲
Equity and liabilities
Total equity and liabilities10/49€3.69M€3.52M▼
Equity10/15€975k€999k▲
Contributions10/11€1.00M€1.00M=
Profit (loss) carried forward14€-27k€-3k▲
Amounts payable17/49€2.72M€2.52M▼
Amounts payable after more than one year17€1.01M€922k▼
Financial debts170/4€1.01M€922k▼
Amounts payable within one year42/48€1.71M€1.59M▼
Current portion of amounts payable after more than one year42€88k€91k▲
Trade debts44€34k€22k▼
Suppliers440/4€34k€22k▼
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€0€4k▲
Remuneration and social security454/9€8k€0▼
Other amounts payable47/48€1.58M€1.48M▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198k€175k▼
Other operating charges640/8€35k€39k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€249k€266k▲
Operating profit (loss)9901€15k€48k▲
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€34k€30k▼
Recurring financial charges65€34k€30k▼
Profit (loss) for the period before taxes9903€-11k€24k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-11k€24k▲
Profit (loss) for the period to be appropriated9905€-11k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-3k▲
Profit (loss) brought forward from the previous period14P€-16k€-27k▼
Transfer from equity791/2€0-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €138k | €149k | €158k | €198k | €175k | ▼ 11.8% |
| Other operating charges640/8 | €3k | €105k | €44k | €35k | €39k | ▲ 12.6% |
| Non-recurring operating charges66A | €30k | €0 | - | - | €4k | - |
| Gross operating margin9900 | €185k | €157k | €193k | €249k | €266k | ▲ 6.8% |
| Operating profit (loss)9901 | €15k | €-98k | €-9k | €15k | €48k | ▲ 210% |
| Financial income75/76B | - | - | €707 | €8k | €7k | ▼ 12.0% |
| Recurring financial income75 | - | - | €707 | €8k | €7k | ▼ 12.0% |
| Financial charges65/66B | €40k | €14k | €34k | €34k | €30k | ▼ 10.8% |
| Recurring financial charges65 | €40k | €14k | €34k | €34k | €30k | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | €-26k | €-112k | €-42k | €-11k | €24k | ▲ 324% |
| Income taxes67/77 | €2k | €154 | €36k | €0 | - | - |
| Profit (loss) for the period9904 | €-27k | €-112k | €-79k | €-11k | €24k | ▲ 324% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €-112k | €-79k | €-11k | €24k | ▲ 324% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.75M | €3.65M | €3.75M | €3.69M | €3.52M | ▼ 4.8% |
| Formation expenses20 | - | - | €960 | €0 | - | - |
| Fixed assets21/28 | €2.09M | €2.78M | €3.13M | €3.07M | €2.92M | ▼ 4.9% |
| Tangible fixed assets22/27 | €2.09M | €2.78M | €3.13M | €3.07M | €2.92M | ▼ 4.9% |
| Land and buildings22 | €2.06M | €2.42M | €2.27M | €2.12M | €2.21M | ▲ 4.2% |
| Plant, machinery and equipment23 | €26k | €18k | €669k | €754k | €714k | ▼ 5.3% |
| Furniture and vehicles24 | - | €394 | €186 | €102 | €19 | ▼ 81.1% |
| Leasing and similar rights25 | €2k | €0 | - | - | - | - |
| Assets under construction and advance payments27 | - | €350k | €195k | €201k | €0 | ▼ 100% |
| Current assets29/58 | €660k | €863k | €617k | €620k | €593k | ▼ 4.4% |
| Amounts receivable within one year40/41 | - | €427k | €519k | €555k | €502k | ▼ 9.6% |
| Trade receivables40 | - | €15k | €13k | €28k | €13k | ▼ 53.5% |
| Other amounts receivable41 | - | €412k | €506k | €527k | €489k | ▼ 7.3% |
| Cash at bank and in hand54/58 | €636k | €434k | €91k | €62k | €77k | ▲ 23.2% |
| Deferred charges and accrued income490/1 | €25k | €2k | €7k | €3k | €14k | ▲ 419% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.75M | €3.65M | €3.75M | €3.69M | €3.52M | ▼ 4.8% |
| Equity10/15 | €1.18M | €1.06M | €986k | €975k | €999k | ▲ 2.5% |
| Contributions10/11 | €1.00M | €1.00M | €1.00M | €1.00M | €1.00M | = |
| Reserves13 | €12k | €12k | €0 | - | - | - |
| Non-distributable reserves130/1 | €12k | €12k | €0 | - | - | - |
| Reserves not available under the articles1311 | €12k | €12k | €0 | - | - | - |
| Profit (loss) carried forward14 | €162k | €50k | €-16k | €-27k | €-3k | ▲ 88.5% |
| Amounts payable17/49 | €1.58M | €2.58M | €2.76M | €2.72M | €2.52M | ▼ 7.4% |
| Amounts payable after more than one year17 | - | €936k | €1.10M | €1.01M | €922k | ▼ 8.9% |
| Financial debts170/4 | - | €936k | €1.10M | €1.01M | €922k | ▼ 8.9% |
| Amounts payable within one year42/48 | €1.58M | €1.65M | €1.66M | €1.71M | €1.59M | ▼ 6.7% |
| Current portion of amounts payable after more than one year42 | €2k | €77k | €86k | €88k | €91k | ▲ 2.8% |
| Trade debts44 | €8k | €62k | €50k | €34k | €22k | ▼ 36.7% |
| Suppliers440/4 | €8k | €62k | €50k | €34k | €22k | ▼ 36.7% |
| Taxes, remuneration and social security45 | €17k | €13k | €9k | €8k | €4k | ▼ 48.1% |
| Taxes450/3 | €17k | €9k | €5k | €0 | €4k | - |
| Remuneration and social security454/9 | - | €3k | €4k | €8k | €0 | ▼ 100% |
| Other amounts payable47/48 | €1.55M | €1.50M | €1.52M | €1.58M | €1.48M | ▼ 6.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €-112k | €-79k | €-11k | €24k | ▲ 324% |
| + Depreciation and write-downs630 | €138k | €149k | €158k | €198k | €175k | ▼ 11.8% |
| Operating cash flow (approximation) | €110k | €37k | €80k | €188k | €199k | ▲ 6.1% |
| Investment in fixed assets (approximation) | - | €-840k | €-505k | €-141k | €-24k | ▲ 83.0% |
| Change in cash | - | €-202k | €-343k | €-29k | €14k | ▲ 150% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €24k
Net result €24k after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-112k
Net result drops to €-112k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €68k
Net result €68k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
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 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
5 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, Péruwelz · 1 establishment unit since 2003
Ground area
526 m²
Building footprint
55 m²
Volume, LiDAR
121 m³
Parcel 57064C0365/00R000, Wallonia · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SEBCAM
since 20032.131.462.657
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57064C0365/00R000 | Wallonia | 526 m² | 1 · 54 m² | 5.0 m · 1 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 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,235 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
Founded16-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.