SED GROUP
The computed 12-month bankruptcy probability of SED GROUP is 4.5% (elevated). The 2024 annual accounts show negative equity (€-24k) and a net result of €20k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 6692 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-24k |
| Net result | €20k |
| Better than sector | 18% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -24.2% | 20.4% | |
| Net result | €20k | €4k | |
| Equity | €-24k | €16k | |
| Gross operating margin | €32k | €24k | |
| Staff costs | €7k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €24k |
| Net profit | €20k |
| Cash flow | €23k |
| Staff costs | €7k |
| Income taxes | €140 |
| Dividends | - |
| Total assets | €98k |
| Equity | €-24k |
| Debt | €122k |
| of which ≤ 1y | €122k |
| of which > 1y | - |
| Working capital | €-29k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.76 |
| Quick ratio | 0.12 |
| Working capital ratio | -29.4% |
| Solvency | -24.2% |
| Debt / equity | -5.13 |
| Long-term debt ratio | - |
| Interest coverage | 31.62 |
| Gross margin | - |
| Net margin | - |
| ROA | 20.6% |
| ROE | -85.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €98k |
| Fixed assets | 21/28 | €5k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €93k |
| Stocks & contracts in progress | 3 | €79k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €98k |
| Equity | 10/15 | €-24k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-26k |
| Amounts payable | 17/49 | €122k |
| Amounts payable within one year | 42/48 | €122k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €32k |
| Operating result | 9901 | €21k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €752 |
| Result before taxes | 9903 | €20k |
| Income taxes | 67/77 | €140 |
| Net result for the period | 9904 | €20k |
| Result to be appropriated | 9905 | €20k |
| NACE primary | Retail trade(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 06-04-2021 |
| Status | Active |
| Postal code | 1080 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0782/00C003 | Brussels | 272 m² | 1 · 269 m² | 18.5 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-10-2024 2 directors appointed
- Seddik Mohamed, Bestuurder
- Seddik Hafid, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Seddik Mohamed",
"address": "22 Rue Vanderdussen \u00E0 1080 Bruxelles",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "La nomination au poste d\u0027administrateur, Monsieur Seddik Mohamed, domicili\u00E9 au 22 Rue Vanderdussen \u00E0 1080 Bruxelles.",
"decharge_status": null,
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"effective_date_qualifier": "immediate"
},
{
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},
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
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"filing_date": "2024-10-07",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-19",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0766.380.271",
"name_full": "Sed Group",
"legal_form": "SRL"
},
"publication_proxy": {
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"org_name": null,
"person_name": "Seddik Hafid",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}21-11-2023 Registered office moved from Molenbeek to Bruxelles
- Rue d'Ostende 7, 1080 Molenbeek-Saint-Jean, Belgique → 33, Rue de Groeninghe à 1080 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "33, Rue de Groeninghe \u00E0 1080 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue de Groeninghe",
"country": "BE",
"postcode": "1080",
"box_number": null,
"street_number": "33",
"locality_suffix": null
},
"old_address": {
"raw": "Rue d\u0027Ostende 7, 1080 Molenbeek-Saint-Jean, Belgique",
"city": "Molenbeek",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue d\u0027Ostende",
"country": "BE",
"postcode": "1080",
"box_number": null,
"street_number": "7",
"locality_suffix": "Saint-Jean"
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-11-10",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-09-28",
"unanimous": null
},
"subject_company": {
"kbo": "0766.380.271",
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},
"publication_proxy": {
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"org_name": null,
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"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Mod PDF 19.01"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SED GROUP |