SEBCO
Annual accounts 2025
micro format, filed on 13-07-2026, 18 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €350,000. Estimated: probably between €300,000 and €420,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €617,998 on 31-12-2025in euro
in euro
Position in the sector
84.2%
Higher than 82% of 39,368 companies in 2025.
8.63
Higher than 88% of 38,051 companies in 2025.
16.2%
Higher than 53% of 38,523 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
617,998 | 1.1m | 1.0m | 1.0m | 1.1m | 1.0m | 219,188 | 30,506 | 280,952 | 432,498 | 500,468 | 556,529 | 596,968 | 722,938 | 462,564 | 374,195 | 352,768 | 571,560 | 425,361 | 10,977 | |
21/28 |
50,974 | 802,095 | 855,627 | 741,865 | 676,045 | 585,087 | 20,449 | 25,561 | 253,659 | 295,134 | 336,828 | 378,521 | 514,092 | 565,105 | 347,470 | 276,758 | 238,225 | 205,806 | 214,376 | 2,926 | |
22/27 |
50,974 | 802,095 | 855,627 | 741,865 | 676,045 | 585,087 | 20,449 | 25,561 | 253,659 | 295,134 | 336,828 | 378,521 | 514,092 | 565,105 | 347,470 | 276,758 | 238,225 | 205,806 | 214,376 | 2,926 | |
22 |
- | 729,359 | 761,128 | 740,654 | 676,045 | 585,087 | 20,449 | 25,561 | 253,659 | 295,134 | 336,828 | 378,521 | 514,092 | 565,105 | 347,438 | 275,355 | 234,919 | 199,838 | 204,231 | 2,926 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 156 | 845 | 1,597 | 1,597 | - | |
24 |
363 | 646 | 928 | 1,211 | - | - | - | - | - | - | - | - | - | - | - | 160 | 320 | 4,371 | 8,548 | - | |
25 |
50,611 | 72,091 | 93,571 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 32 | 1,087 | 2,141 | - | - | - | |
29/58 |
567,024 | 343,115 | 151,931 | 259,472 | 398,821 | 447,048 | 198,739 | 4,945 | 27,293 | 137,364 | 163,640 | 178,008 | 82,876 | 157,833 | 115,094 | 97,437 | 114,543 | 365,754 | 210,985 | 8,051 | |
29 |
138,700 | 138,700 | 138,700 | 245,400 | 353,400 | 418,400 | 185,000 | - | 15,561 | 108,517 | - | - | - | - | - | - | - | - | - | - | |
291 |
138,700 | 138,700 | 138,700 | 245,400 | 353,400 | 418,400 | 185,000 | - | 15,561 | 108,517 | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | 3,256 | 3,256 | 3,256 | 3,256 | 3,256 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
- | - | 3,256 | 3,256 | 3,256 | 3,256 | 3,256 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
410,156 | 191,639 | 539 | - | 1,503 | 5,195 | 280 | 3,402 | 3,850 | - | 139,317 | 162,937 | 72,176 | 157,833 | 105,843 | 96,591 | 113,711 | 364,937 | 201,326 | 23 | |
40 |
171,118 | 90,750 | - | - | - | 5,190 | - | - | - | - | 2,407 | - | 67,727 | 143,497 | 86,487 | 62,237 | 50,846 | 21,202 | 21,310 | - | |
41 |
239,038 | 100,889 | 539 | - | 1,503 | 5 | 280 | 3,402 | 3,850 | - | 136,910 | 162,937 | 4,449 | 14,336 | 19,356 | 34,354 | 62,865 | 343,735 | 180,016 | 23 | |
54/58 |
4,034 | 7,765 | 1,299 | 1,349 | 28,192 | 6,729 | 2,241 | 1,458 | 5,137 | 2,316 | 1,478 | 4,421 | 10,700 | - | 9,251 | 846 | 832 | 817 | 9,659 | 8,028 | |
490/1 |
14,133 | 5,011 | 8,137 | 9,467 | 12,471 | 13,468 | 7,963 | 84 | 2,745 | 26,531 | 22,845 | 10,649 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
617,998 | 1.1m | 1.0m | 1.0m | 1.1m | 1.0m | 219,188 | 30,506 | 280,952 | 432,498 | 500,468 | 556,529 | 596,968 | 722,938 | 462,564 | 374,195 | 352,768 | 571,560 | 425,361 | 10,977 | |
10/15 |
520,300 | 420,282 | 250,087 | 302,252 | 320,298 | 250,738 | 152,883 | 8,119 | -68,182 | 15,820 | 70,301 | 106,217 | -81,475 | -59,930 | -58,905 | -43,179 | -65,882 | -19,702 | -3,996 | -325,652 | |
10/11 |
600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 18,592 | |
100 |
- | - | - | - | - | - | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 18,592 | |
13 |
1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | - | - | - | - | |
130/1 |
- | - | - | 1,135 | 1,135 | 1,135 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | 1,135 | - | - | - | - | |
1311 |
- | - | - | 1,135 | 1,135 | 1,135 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1,135 | 1,135 | 1,135 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-80,836 | -180,853 | -351,048 | -298,884 | -280,837 | -350,397 | -448,253 | -593,016 | -669,317 | -585,315 | -530,834 | -494,918 | -432,610 | -411,065 | -410,040 | -394,314 | -415,882 | -369,702 | -353,996 | -344,244 | |
17/49 |
97,698 | 724,928 | 757,471 | 699,085 | 754,568 | 781,397 | 66,305 | 22,387 | 349,134 | 416,678 | 430,167 | 450,312 | 678,443 | 782,868 | 521,469 | 417,374 | 418,650 | 591,262 | 429,357 | 336,629 | |
17 |
30,491 | 614,949 | 673,656 | 637,500 | 675,000 | 712,500 | - | - | 310,121 | 338,869 | 367,245 | 394,828 | 454,717 | 732,202 | 301,668 | 321,667 | 340,001 | 510,001 | 380,001 | - | |
170/4 |
30,491 | 614,949 | 673,656 | 637,500 | 675,000 | 712,500 | - | - | 310,121 | 338,869 | 367,245 | 394,828 | 454,717 | 732,202 | 301,668 | 321,667 | 340,001 | 510,001 | 380,001 | - | |
42/48 |
65,707 | 106,962 | 82,315 | 60,085 | 78,068 | 67,397 | 34,805 | 19,725 | 37,289 | 74,663 | 62,922 | 55,484 | 223,726 | 50,666 | 216,241 | 95,707 | 78,649 | 81,261 | 49,356 | 336,629 | |
42 |
21,958 | 58,707 | 59,210 | 39,350 | 37,500 | 37,500 | - | - | 28,695 | 28,375 | 27,583 | 24,703 | 27,485 | 29,465 | 20,000 | 20,000 | 21,667 | 21,666 | 19,999 | - | |
43 |
- | - | 4 | 28 | 18 | - | - | 10 | - | - | - | - | - | 2,617 | - | 2,092 | 4,308 | 47,807 | - | - | |
430/8 |
- | - | 4 | 28 | 18 | - | - | 10 | - | - | - | - | - | - | - | 2,092 | 4,308 | 47,807 | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,617 | - | - | - | - | - | - | |
44 |
- | 8,277 | 17,523 | 4,389 | 38,116 | 6,056 | 23,159 | 19,715 | 7,522 | 42,610 | 32,494 | 28,818 | - | 32 | 28,181 | 627 | 52,674 | 11,788 | 6,606 | 4,056 | |
440/4 |
- | 8,277 | 17,523 | 4,389 | 38,116 | 6,056 | 23,159 | 19,715 | 7,522 | 42,610 | 32,494 | 28,818 | - | 32 | 28,181 | 627 | 52,674 | 11,788 | 6,606 | 4,056 | |
45 |
43,749 | 39,979 | 656 | 39 | 947 | 2,196 | 11,646 | - | - | 2,846 | 2,846 | 1,964 | 15,076 | - | 17,066 | 6,120 | - | - | 22,751 | 2,935 | |
450/3 |
43,749 | 39,979 | 656 | 39 | 947 | 2,196 | 11,646 | - | - | 2,846 | 2,846 | 1,964 | 15,076 | - | 17,066 | 6,120 | - | - | 22,751 | 2,935 | |
47/48 |
- | - | 4,921 | 16,279 | 1,487 | 21,645 | - | - | 1,072 | 833 | - | - | 181,165 | 18,552 | 150,994 | 66,868 | - | - | - | 329,638 | |
492/3 |
1,500 | 3,017 | 1,500 | 1,500 | 1,500 | 1,500 | 31,500 | 2,662 | 1,725 | 3,145 | - | - | - | - | 3,560 | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22,876 | |
76A |
- | - | - | - | - | - | - | 122,014 | - | - | - | 62,000 | - | - | - | 2,290 | - | - | - | 2,000 | |
9900 |
208,084 | 248,168 | 3,352 | -6,213 | 78,020 | 151,220 | 143,242 | 128,306 | -21,281 | 19,788 | 16,864 | 64,103 | 54,895 | 76,251 | 27,557 | 58,185 | 4,122 | 14,535 | 21,867 | -8,923 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 31,799 | |
630 |
21,763 | 53,532 | 42,617 | 5,314 | 5,112 | 64,317 | 5,112 | 5,112 | 41,475 | 41,694 | 41,694 | 41,694 | 51,012 | 51,044 | 25,515 | 16,425 | 15,112 | 9,624 | 9,425 | 129 | |
631/4 |
- | 3,256 | - | - | - | - | - | - | - | 15,110 | - | - | - | - | - | - | - | - | - | 19,997 | |
640/8 |
3,369 | 5,171 | 3,035 | 1,353 | 2,007 | 851 | 480 | 2,601 | 2,677 | - | 1,230 | 29,002 | - | 491 | 89 | 114 | 211 | 914 | 15,900 | 286 | |
66A |
62,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
120,094 | 186,209 | -42,300 | -12,880 | 70,901 | 86,052 | 137,649 | 120,593 | -65,432 | -37,016 | -26,059 | -6,592 | 3,883 | 24,716 | 1,953 | 41,646 | -11,201 | 3,997 | -3,458 | -29,335 | |
75/76B |
13,289 | 4,165 | 7,229 | 9,467 | 12,471 | 13,468 | 7,963 | 86 | 2,747 | 3,689 | 12,846 | 12,131 | - | 1,428 | 1,949 | 13 | 15 | - | 43 | 12 | |
75 |
13,289 | 4,165 | 7,229 | 9,467 | 12,471 | 13,468 | 7,963 | 86 | 2,747 | 3,689 | 12,846 | 12,131 | - | 1,428 | 1,949 | 13 | 15 | - | 43 | 12 | |
65/66B |
16,163 | 20,003 | 16,979 | 14,634 | 13,811 | 1,665 | 848 | 44,377 | 21,316 | 21,154 | 22,605 | 67,631 | 25,428 | 27,169 | 19,240 | 20,867 | 34,994 | 19,703 | 6,337 | 13,109 | |
65 |
16,163 | 20,003 | 16,979 | 14,634 | 13,811 | 1,665 | 848 | 44,377 | 21,316 | 21,154 | 22,605 | 67,631 | 25,428 | 27,169 | 19,240 | 20,867 | 34,994 | 19,703 | 6,337 | 13,109 | |
9903 |
117,221 | 170,371 | -52,050 | -18,047 | 69,560 | 97,855 | 144,763 | 76,302 | -84,001 | -54,481 | -35,817 | -62,092 | -21,545 | -1,025 | -15,338 | 23,082 | -46,180 | -15,706 | -9,752 | -40,432 | |
67/77 |
17,203 | 176 | 115 | - | - | - | - | 0 | 1 | 0 | 98 | 216 | - | - | 388 | 379 | - | - | - | - | |
9904 |
100,017 | 170,195 | -52,165 | -18,047 | 69,560 | 97,855 | 144,763 | 76,301 | -84,002 | -54,481 | -35,916 | -62,308 | -21,545 | -1,025 | -15,726 | 22,703 | -46,180 | -15,706 | -9,752 | -40,432 | |
9905 |
100,017 | 170,195 | -52,165 | -18,047 | 69,560 | 97,855 | 144,763 | 76,301 | -84,002 | -54,481 | -35,916 | -62,308 | -21,545 | -1,025 | -15,726 | 22,703 | -46,180 | -15,706 | -9,752 | -40,432 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-80,836 | -180,853 | -351,048 | -298,884 | -280,837 | -350,397 | -448,253 | -593,016 | -669,317 | -585,315 | -530,834 | -494,918 | -432,610 | -411,065 | -410,040 | -393,179 | -415,882 | -369,702 | -353,996 | -344,244 | |
14P |
-180,853 | -351,048 | -298,884 | -280,837 | -350,397 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,135 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,135 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00285859 | |
| 31-12-2024 | micro format | 19-07-2025 | 2025-00313497 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00297048 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00286397 | |
| 31-12-2021 | micro format | 21-07-2022 | 2022-20220208 | |
| 31-12-2020 | micro format | 27-07-2021 | 2021-40600239 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-36100394 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32100007 | |
| 31-12-2017 | abbreviated format | 10-07-2018 | 2018-31700272 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-25500240 | |
| 31-12-2015 | abbreviated format | 22-05-2017 | 2017-12800073 | |
| 31-12-2014 | abbreviated format | 18-05-2017 | 2017-12500037 | |
| 31-12-2013 | full format | 20-11-2014 | 2014-67200283 | |
| 31-12-2012 | full format | 27-02-2014 | 2014-05100571 | |
| 31-12-2011 | full format | 28-05-2013 | 2013-13500518 | |
| 31-12-2010 | full format | 31-08-2011 | 2011-51700339 | |
| 31-12-2009 | full format | 30-11-2010 | 2010-62000227 | |
| 31-12-2008 | full format | 14-10-2009 | 2009-81400146 | |
| 31-12-2007 | full format | 27-08-2008 | 2008-66100004 | |
| 31-12-2006 | abbreviated format | 06-08-2007 | 2007-54300266 | |
| 31-12-2005 | abbreviated format | 27-12-2006 | 2006-93305367 | |
| 31-12-2004 | abbreviated format | 06-09-2005 | 2005-66704985 | |
| 31-12-2003 | abbreviated format | 15-10-2004 | 2004-73801013 | |
| 31-12-2002 | abbreviated format | 01-08-2003 | 2003-59303204 | |
| 31-12-2001 | abbreviated format | 30-09-2002 | 2002-60304900 | |
| 31-12-2000 | abbreviated format | 28-08-2001 | 2001-52500617 | |
| 31-12-1999 | abbreviated format | 13-09-2000 | 2000-56401870 | |
| 31-12-1998 | abbreviated format | 09-11-1999 | 1999-58305060 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 141,857 | 239,741 | 317 | -7,566 | 76,013 | 150,369 | 142,762 | 125,706 | -23,957 | 4,678 | 15,635 | 35,101 | 54,895 | 75,760 | 27,468 | 58,071 | 3,911 | 13,621 | 5,967 | -29,206 | ||
| 121,780 | 223,728 | -9,548 | -12,733 | 74,673 | 162,172 | 149,876 | 81,414 | -42,527 | -12,788 | 5,778 | -20,614 | 29,467 | 50,019 | 9,789 | 39,128 | -31,068 | -6,082 | -327 | -40,303 | ||
| -729,359 | 0 | 156,380 | 71,134 | 96,070 | 628,954 | 0 | -222,986 | 0 | 0 | 0 | 51,123 | -1 | 268,679 | 96,227 | 75,566 | 47,531 | 1,054 | 220,875 | - | ||
| -3,731 | 6,466 | -50 | -26,843 | 21,463 | 4,489 | 782 | -3,679 | 2,822 | 837 | -2,943 | -6,279 | - | - | 8,405 | 14 | 15 | -8,842 | 1,631 | - | ||
| 501,317 | 236,153 | 69,615 | 199,387 | 320,753 | 379,651 | 163,933 | -14,780 | -9,996 | 62,701 | 100,718 | 122,523 | -140,850 | 107,167 | -101,147 | 1,730 | 35,894 | 284,493 | 161,629 | -328,578 | ||
| 84.2% | 36.7% | 24.8% | 30.2% | 29.8% | 24.3% | 69.7% | 26.6% | -24.3% | 3.7% | 14.0% | 19.1% | -13.6% | -8.3% | -12.7% | -11.5% | -18.7% | -3.4% | -0.9% | - | ||
| 8.63 | 3.21 | 1.85 | 4.32 | 5.11 | 6.63 | 5.71 | 0.25 | 0.73 | 1.84 | 2.60 | 3.21 | 0.37 | 3.12 | 0.53 | 1.02 | 1.46 | 4.50 | 4.27 | 0.02 | ||
| 8.63 | 3.21 | 1.81 | 4.26 | 5.07 | 6.58 | 5.62 | 0.25 | 0.73 | 1.84 | 2.60 | 3.21 | 0.37 | 3.12 | 0.53 | 1.02 | 1.46 | 4.50 | 4.27 | 0.02 | ||
| 0.19 | 1.72 | 3.03 | 2.31 | 2.36 | 3.12 | 0.43 | 2.76 | - | 26.34 | 6.12 | 4.24 | - | - | - | - | - | - | - | - | ||
| 19.2% | 40.5% | -20.9% | -6.0% | 21.7% | 39.0% | 94.7% | 939.8% | - | -344.4% | -51.1% | -58.7% | - | - | - | - | - | - | - | - | ||
| 16.2% | 14.9% | -5.2% | -1.8% | 6.5% | 9.5% | 66.0% | 250.1% | -29.9% | -12.6% | -7.2% | -11.2% | -3.6% | -0.1% | -3.4% | 6.1% | -13.1% | -2.7% | -2.3% | -368.3% | ||
| 8.78 | 11.99 | 0.02 | -0.52 | 5.50 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €25,000 | €25,000 | €25,000 | €25,000 |
| - | €725,000 | €725,000 | €725,000 | €725,000 | |
| Carrying value of the mortgaged assets | - | €729,359 | €761,128 | €735,541 | €676,045 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €156,380 | €71,134 | €96,070 |
| €21,763 | €53,532 | €42,617 | €5,314 | €5,112 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SEBCO
The operating result for 2025 is 36% lower than in 2024.
Debt's share of the balance-sheet total falls from 63.3% to 15.8%. Equity is higher and debt is lower.