SEBECO
ActiveSummary
SEBECO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€15,050. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 55% of 2309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability62▼-1
Solvency72▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 2.69 in 2023; short-term debt: 38.8% and cash: 1.6% of total assets), but 52.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
47.5%
Return on assets
-0.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2023
on the day
2022
27 d late
2021
25 d late
2020
18 d late
2019
on the day
2018
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.1m▼ 15.8%
2023 · €1.4m
Total assets
€2.4m▲ 7.7%
2023 · €2.2m
Net result
-€15,050▲ 85.5%
2023 · -€103,815
Working capital
€486,918▼ 49.0%
2023 · €955,330
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€6,216€10,355▲ 66.6%€106,665▲ 930%-€88,347-€9,336-
Net result-€14,846below the sector's middle half-€5,746below the sector's middle half▲ 61.3%€73,359within the sector's middle half-€103,815below the sector's middle half-€15,050below the sector's middle half-
Equity€1.4mabove the sector's middle half▼ 1.1%€1.4mabove the sector's middle half▼ 0.4%€1.5mabove the sector's middle half▲ 5.3%€1.4mabove the sector's middle half▼ 7.1%€1.1mabove the sector's middle half-
Total assets€2.9mabove the sector's middle half▼ 20.3%€2.3mwithin the sector's middle half▼ 21.7%€2.0mwithin the sector's middle half▼ 12.9%€2.2mwithin the sector's middle half▲ 11.8%€2.4mabove the sector's middle half-
Debt€1.5m▼ 32.2%€906,314▼ 41.1%€536,598▼ 40.8%€875,307▲ 63.1%€1.3m-
Working capital€566,718above the sector's middle half▲ 21.9%€415,114above the sector's middle half▼ 26.8%€721,972above the sector's middle half▲ 73.9%€955,330above the sector's middle half▲ 32.3%€486,918above the sector's middle half-
Solvency47.5%within the sector's middle half▲ 9.2pp60.5%within the sector's middle half▲ 13.0pp73.1%above the sector's middle half▲ 12.6pp60.8%within the sector's middle half▼ 12.3pp47.5%within the sector's middle half-
Current ratio1.77within the sector's middle half▲ 0.421.56within the sector's middle half▼ 0.212.71within the sector's middle half▲ 1.152.69within the sector's middle half▼ 0.021.52within the sector's middle half-
Return on assets (ROA)-0.5%below the sector's middle half▼ 0.6pp-0.3%below the sector's middle half▲ 0.3pp3.7%within the sector's middle half▲ 3.9pp-4.6%below the sector's middle half▼ 8.3pp-0.6%below the sector's middle half-
Staff (FTE)10.6above the sector's middle half▼ 4.5%10.4above the sector's middle half▼ 1.9%11.6above the sector's middle half▲ 11.5%8.8above the sector's middle half▼ 24.1%7.8above the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€9,336 in 2025, compared with -€88,347 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €2.4m
Fixed assets
€986,045 ▲ 38.2%
Current assets
€1.4m ▼ 6.6%
Equity and liabilities €2.4m
Equity
€1.1m ▼ 15.8%
Debt
€1.3m ▲ 44.3%
Debt's share of the balance-sheet total rises from 39.2% to 52.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€319,092▲
2023 · €195,213
Cash flow
€313,378▲
2023 · €179,744
Debt to equity
1.11▲
2023 · 0.64
ROE
-1.3%▲
2023 · -7.6%
Interest coverage
5.29▼
2023 · 23.96
Debt ≤ 1 year
€933,138▲
2023 · €564,538
Debt > 1 year
€317,238▲
2023 · €309,886
Income taxes
€510▼
2023 · €18,907
Staff costs
€669,374▲
2023 · €496,242
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €574,828 | €496,242 | €669,374 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €394,888 | €350,492 | €292,340 | €283,559 | €328,428 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €84,761 | -€47,565 | - | - |
| Other operating charges640/8 | - | - | €2,109 | €8,297 | €39,064 | - |
| Gross operating margin9900 | €854,317 | €986,059 | €1.1m | €652,186 | €1.0m | - |
| Operating profit (loss)9901 | €6,216 | €10,355 | €106,665 | -€88,347 | -€9,336 | - |
| Financial income75/76B | - | - | €186 | €11,585 | €65,623 | - |
| Recurring financial income75 | €8 | €127 | €186 | €543 | €1,404 | - |
| Non-recurring financial income76B | - | - | - | €11,042 | €64,219 | - |
| Financial charges65/66B | - | - | €4,551 | €8,147 | €70,827 | - |
| Recurring financial charges65 | €5,027 | €5,452 | €4,551 | €8,147 | €60,327 | - |
| Non-recurring financial charges66B | - | - | - | - | €10,500 | - |
| Profit (loss) for the period before taxes9903 | €1,196 | €466 | €102,300 | -€84,909 | -€14,541 | - |
| Income taxes67/77 | €16,042 | €6,213 | €28,941 | €18,907 | €510 | - |
| Profit (loss) for the period9904 | -€14,846 | -€5,746 | €73,359 | -€103,815 | -€15,050 | - |
| Profit (loss) for the period to be appropriated9905 | -€14,846 | -€5,746 | €73,359 | -€103,815 | -€15,050 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.9m | €2.3m | €2.0m | €2.2m | €2.4m | - |
| Fixed assets21/28 | €1.6m | €1.1m | €854,309 | €713,267 | €986,045 | - |
| Intangible fixed assets21 | €671,079 | €433,086 | €256,368 | €685,832 | €981,752 | - |
| Tangible fixed assets22/27 | €955,439 | €701,829 | €597,940 | €27,434 | €4,293 | - |
| Plant, machinery and equipment23 | - | - | €1,722 | €19,054 | €3,397 | - |
| Furniture and vehicles24 | - | - | €596,218 | €8,380 | €896 | - |
| Financial fixed assets28 | €1,523 | - | - | - | - | - |
| Current assets29/58 | €1.3m | €1.2m | €1.1m | €1.5m | €1.4m | - |
| Amounts receivable within one year40/41 | €839,355 | €422,721 | €519,012 | €1.1m | €1.4m | - |
| Trade receivables40 | - | - | €496,429 | €915,956 | €1.2m | - |
| Other amounts receivable41 | - | - | €22,583 | €172,814 | €177,884 | - |
| Current investments50/53 | €200,004 | €200,004 | €200,004 | €200,004 | - | - |
| Cash at bank and in hand54/58 | €67,089 | €349,614 | €235,928 | €200,854 | €38,955 | - |
| Deferred charges and accrued income490/1 | - | - | €188,987 | €30,240 | €7,593 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.9m | €2.3m | €2.0m | €2.2m | €2.4m | - |
| Equity10/15 | €1.4m | €1.4m | €1.5m | €1.4m | €1.1m | - |
| Contributions10/11 | €375,000 | €375,000 | €377,800 | €377,800 | €377,800 | - |
| Capital10 | - | - | €375,000 | €375,000 | €375,000 | - |
| Issued capital100 | - | - | €375,000 | €375,000 | €375,000 | - |
| Outside capital11 | - | - | €2,800 | €2,800 | €2,800 | - |
| Share premium1100/10 | - | - | €2,800 | €2,800 | €2,800 | - |
| Revaluation surpluses12 | - | - | €137,200 | - | - | - |
| Reserves13 | €867,092 | €867,092 | €870,760 | €980,027 | €764,973 | - |
| Non-distributable reserves130/1 | - | - | €205,056 | €205,056 | €5,052 | - |
| Legal reserve130 | - | - | €5,052 | €5,052 | €5,052 | - |
| Own shares acquired1312 | - | - | €200,004 | €200,004 | - | - |
| Distributable reserves133 | - | - | €665,704 | €774,971 | €759,921 | - |
| Profit (loss) carried forward14 | €11,937 | €6,191 | €75,882 | - | - | - |
| Amounts payable17/49 | €1.5m | €906,314 | €536,598 | €875,307 | €1.3m | - |
| Amounts payable after more than one year17 | €799,168 | €160,696 | €113,696 | €309,886 | €317,238 | - |
| Financial debts170/4 | - | - | €113,696 | €309,886 | €317,238 | - |
| Amounts payable within one year42/48 | €737,551 | €744,568 | €421,960 | €564,538 | €933,138 | - |
| Current portion of amounts payable after more than one year42 | - | - | €60,833 | €60,932 | €35,245 | - |
| Financial debts43 | - | - | - | - | €50,000 | - |
| Credit institutions430/8 | - | - | - | - | €50,000 | - |
| Trade debts44 | €536,767 | €379,951 | €261,379 | €394,084 | €730,916 | - |
| Suppliers440/4 | - | - | €261,379 | €394,084 | €730,916 | - |
| Taxes, remuneration and social security45 | - | - | €95,872 | €79,525 | €111,027 | - |
| Taxes450/3 | - | - | €32,571 | €18,053 | €34,545 | - |
| Remuneration and social security454/9 | - | - | €63,301 | €61,473 | €76,482 | - |
| Other amounts payable47/48 | - | - | €3,876 | €29,996 | €5,950 | - |
| Accrued charges and deferred income492/3 | - | - | €942 | €883 | €12,951 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,846 | -€5,746 | €73,359 | -€103,815 | -€15,050 | - |
| + Depreciation and write-downs630 | €394,888 | €350,492 | €292,340 | €283,559 | €328,428 | - |
| Operating cash flow (approximation) | €380,042 | €344,746 | €365,699 | €179,744 | €313,378 | - |
| Investment in fixed assets (approximation) | - | €142,634 | -€11,733 | -€142,517 | - | - |
| Change in cash | - | €282,525 | -€113,686 | -€35,074 | - | - |
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
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet -€103,815
Net result drops to -€103,815, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2022
30-06
Financial
Back to profitnet €73,359
Net result €73,359 after 2 loss-making years.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
29-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
13 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, Gent · 1 establishment unit since 1988
Ground area
3,980 m²
Building footprint
2,501 m²
Volume, LiDAR
22,745 m³
Parcel 44362B0014/00Y002, Flanders · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
SEBECO
since 19882.034.423.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0014/00Y002 | Flanders | 3,980 m² | 1 · 2,501 m² | 14.9 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,814 EUR awarded · 6,814 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 0 EUR |
| 2024 | 1 | 1,869 EUR | 1,869 EUR |
| 2023 | 1 | 2,277 EUR | 2,277 EUR |
| 2022 | 2 | 2,668 EUR | 2,668 EUR |
Similar companies · same sector, comparable size
DB Flexible Logistics
BE 0700.460.754
Wommelgem · Eq €985,220
CALLexcell
BE 0816.783.748
Sint-Truiden · Eq €950,334
DR. FILIP GEURS
BE 0465.692.644
Ninove · Eq €1.4m
RINGPHONE
BE 0433.511.311
Brugge · Eq €830,418
ContactExpert
BE 0427.073.974
Machelen (Brab.) · Eq €1.6m
Of 189 companies in sector 82200 we hold annual accounts for 86. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-12-1987
Fiscal year end31-03
Trade name NL
Sebeco Callcenter - Sebeco educaton - Sebeco Recruitment - Sebeco Contactcenter
Activities, NACEBEL 2025
73200Market research and public opinion polling
82200Office administrative, office support and other business support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432847355
Also
9925:BE0432847355
Registered
05-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.