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Sedar

Active
Public limited companyfounded 1968active for 58 yearsAmerikaanse straat 215, 1050 Elsene, BelgiumKBO/BCE: BE 0403.324.713
Summary

Sedar has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,940 and a net result of €15,270. Equity has been shrinking by about 12% per year since 2018. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active Normal situation
Registered office
14 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
“La société a pour objet toutes opérations financières, industrielles, ou commerciales concernant le marché…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment unit
2.000.199.584 1050 Elsene, since 01-01-1965
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€28,861
▲ 55.5%
Turnover
≈ €100,000
estimated
Profit
€15,270
Equity
€93,940
▲ 5.9%
Total assets
€117,336
▲ 5.4%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: total assets €117,336Founded in 1968Figures for financial year 2025 (filed on 23-07-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100=
equity 80.1% of total assets
Liquidity 60+8
short-term debt 14.2% · cash 10.4%
Profitability 85+43
return on assets 13.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.2 percentage points vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.2 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.4 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.36 (3.05 in 2024), above the usual 1.5. Short-term debt is 14.2% and cash 10.4% of total assets. 19.9% of the assets are financed with debt and provisions.
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 (no NACE code, micro). It does better than 81% of them on solvency, 57% on liquidity, 68% on profitability and 62% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €117,336
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 23-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
75 days early
2023
9 days early
2022
26 days early
2021
8 days late
2020
15 days early
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average on the deadline day. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 23-07-2026 at the NBB all 47 filings

Turnover
≈ €100,000
Estimated: probably between €55,000 and €190,000
EBIT margin
Not included in this filing
Net result
€15,270
2024 · -€2,955
Working capital
€39,344▲ 20.8%
2024 · €32,579
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a profit of €15,702, after a loss of €2,555 in 2024.

Operating result€15,702 2025 Net result€15,270 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€4,347--€5,222▼ 20.1%€8,102-€12,244€12,535€17,850▲ 42.4%-€2,555€15,702
Net result-€4,759--€5,454▼ 14.6%€8,048-€12,502€12,237€17,432▲ 42.5%-€2,955€15,270
Equity€190,808-€185,354▼ 2.9%€193,402▲ 4.3%€180,900▼ 6.5%€94,193▼ 47.9%€101,625▲ 7.9%€88,670▼ 12.7%€93,940▲ 5.9%
Total assets€201,886-€196,455▼ 2.7%€203,021▲ 3.3%€195,571▼ 3.7%€120,527▼ 38.4%€131,981▲ 9.5%€111,325▼ 15.7%€117,336▲ 5.4%
Debt€11,078-€11,101▲ 0.2%€9,620▼ 13.3%€14,672▲ 52.5%€26,334▲ 79.5%€30,356▲ 15.3%€22,655▼ 25.4%€23,396▲ 3.3%
Working capital€23,612-€33,012▲ 39.8%€52,478▲ 59.0%€30,215▼ 42.4%€31,229▲ 3.4%€38,334▲ 22.8%€32,579▼ 15.0%€39,344▲ 20.8%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117,336
Fixed assets €61,335 ▼ 2.4%
Current assets €56,000 ▲ 15.5%
Equity and liabilities €117,336
Equity €93,940 ▲ 5.9%
Debt €23,396 ▲ 3.3%
Debt's share of the balance-sheet total falls from 20.4% to 19.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€19,585▲
2024 · €1,346
Cash flow
€19,153▲
2024 · €945
Current ratio
3.36▲
2024 · 3.05
Debt to equity
0.25▼
2024 · 0.26
ROE
16.3%▲
2024 · -3.3%
ROA
13.0%▲
2024 · -2.7%
Interest coverage
42.89▲
2024 · 3.19
Debt ≤ 1 year
€16,656▲
2024 · €15,915
Debt > 1 year
€6,740=
2024 · €6,740
Income taxes
€1▼
2024 · €1
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€26,500€3,180--€2,388
Financial fixed assets--€3,300--
Depreciation and write-downs of the year€11,884€1,866€4,028€3,901€3,883

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€111,325€117,336▲
Fixed assets21/28€62,830€61,335▼
Tangible fixed assets22/27€62,830€61,335▼
Land and buildings22€62,830€59,324▼
Plant, machinery and equipment23-€2,011
Current assets29/58€48,494€56,000▲
Amounts receivable within one year40/41€44,325€33,502▼
Trade receivables40€9,323-
Other amounts receivable41€35,002€33,502▼
Current investments50/53-€10,347
Cash at bank and in hand54/58€4,169€12,152▲
Equity and liabilities
Total equity and liabilities10/49€111,325€117,336▲
Equity10/15€88,670€93,940▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€27,170€32,440▲
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Distributable reserves133€21,020€26,290▲
Amounts payable17/49€22,655€23,396▲
Amounts payable after more than one year17€6,740€6,740=
Other amounts payable178/9€6,740€6,740=
Amounts payable within one year42/48€15,915€16,656▲
Financial debts43€36€41▲
Credit institutions430/8€36€41▲
Trade debts44€5,879€6,615▲
Suppliers440/4€5,879€6,615▲
Other amounts payable47/48€10,000€10,000=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,901€3,883▼
Other operating charges640/8€17,211€9,275▼
Gross operating margin9900€18,557€28,861▲
Operating profit (loss)9901-€2,555€15,702▲
Financial income75/76B€22€25▲
Recurring financial income75€22€25▲
Financial charges65/66B€421€457▲
Recurring financial charges65€421€457▲
Profit (loss) for the period before taxes9903-€2,954€15,271▲
Income taxes67/77€1€1▼
Profit (loss) for the period9904-€2,955€15,270▲
Profit (loss) for the period to be appropriated9905-€2,955€15,270▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,955€15,270▲
Transfer from equity791/2€12,955-
Transfer to equity691/2-€5,270
To other reserves6921-€5,270
Profit to be distributed694/7€10,000€10,000=
Return on contributions (dividend)694€10,000€10,000=

The notes to these accounts have 5 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 23-07-2026.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,854€14,855€11,418€11,884€1,866€4,028€3,901€3,883▼ 0.4%
Other operating charges640/8---€7,470€8,292€8,508€17,211€9,275▼ 46.1%
Gross operating margin9900€17,461€16,211€26,614€7,110€22,692€30,386€18,557€28,861▲ 55.5%
Operating profit (loss)9901-€4,347-€5,222€8,102-€12,244€12,535€17,850-€2,555€15,702-
Financial income75/76B---€11--€22€25▲ 16.2%
Recurring financial income75€0€12€12€11--€22€25▲ 16.2%
Financial charges65/66B---€269€297€417€421€457▲ 8.4%
Recurring financial charges65€412€242€64€269€297€417€421€457▲ 8.4%
Profit (loss) for the period before taxes9903-€4,759-€5,452€8,049-€12,502€12,237€17,432-€2,954€15,271-
Income taxes67/77€0€2€2---€1€1▼ 24.0%
Profit (loss) for the period9904-€4,759-€5,454€8,048-€12,502€12,237€17,432-€2,955€15,270-
Profit (loss) for the period to be appropriated9905-€4,759-€5,454€8,048-€12,502€12,237€17,432-€2,955€15,270-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€201,886€196,455€203,021€195,571€120,527€131,981€111,325€117,336▲ 5.4%
Fixed assets21/28€170,047€155,192€143,774€158,390€70,760€70,031€62,830€61,335▼ 2.4%
Tangible fixed assets22/27€170,047€155,192€143,774€158,390€70,760€66,731€62,830€61,335▼ 2.4%
Land and buildings22---€158,390€70,760€66,731€62,830€59,324▼ 5.6%
Plant, machinery and equipment23-------€2,011-
Financial fixed assets28-----€3,300---
Current assets29/58€31,839€41,263€59,247€37,182€49,767€61,950€48,494€56,000▲ 15.5%
Amounts receivable within one year40/41-----€38,000€44,325€33,502▼ 24.4%
Trade receivables40------€9,323--
Other amounts receivable41-----€38,000€35,002€33,502▼ 4.3%
Current investments50/53€10,604€10,612€25,615€25,611€45,000€23,214-€10,347-
Cash at bank and in hand54/58€19,738€29,107€32,033€9,914€3,198€735€4,169€12,152▲ 191%
Deferred charges and accrued income490/1---€1,658€1,569----
Equity and liabilities
Total equity and liabilities10/49€201,886€196,455€203,021€195,571€120,527€131,981€111,325€117,336▲ 5.4%
Equity10/15€190,808€185,354€193,402€180,900€94,193€101,625€88,670€93,940▲ 5.9%
Contributions10/11€100,397€100,397€100,397€100,397€61,500€61,500€61,500€61,500=
Capital10---€100,397€61,500€61,500€61,500€61,500=
Issued capital100---€100,397€61,500€61,500€61,500€61,500=
Reserves13€90,411€84,957€93,005€80,503€32,693€40,125€27,170€32,440▲ 19.4%
Non-distributable reserves130/1---€10,040€6,150€6,150€6,150€6,150=
Legal reserve130---€10,040€6,150€6,150€6,150€6,150=
Distributable reserves133---€70,463€26,543€33,975€21,020€26,290▲ 25.1%
Amounts payable17/49€11,078€11,101€9,620€14,672€26,334€30,356€22,655€23,396▲ 3.3%
Amounts payable after more than one year17€2,850€2,850€2,850€6,740€6,740€6,740€6,740€6,740=
Other amounts payable178/9---€6,740€6,740€6,740€6,740€6,740=
Amounts payable within one year42/48€8,228€8,251€6,770€6,967€18,538€23,616€15,915€16,656▲ 4.7%
Financial debts43---€27€34€36€36€41▲ 11.6%
Credit institutions430/8---€27€34€36€36€41▲ 11.6%
Trade debts44€8,035€8,048€6,754€6,939€8,505€13,579€5,879€6,615▲ 12.5%
Suppliers440/4---€6,939€8,505€13,579€5,879€6,615▲ 12.5%
Other amounts payable47/48----€10,000€10,000€10,000€10,000=
Accrued charges and deferred income492/3---€965€1,056----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€4,759-€5,454€8,048-€12,502€12,237€17,432-€2,955€15,270-
+ Depreciation and write-downs630€14,854€14,855€11,418€11,884€1,866€4,028€3,901€3,883▼ 0.4%
Operating cash flow (approximation)€10,096€9,400€19,466-€618€14,103€21,461€945€19,153▲ 20×
Investment in fixed assets (approximation)-€0€0-€26,500€85,764-€3,300€3,300-€2,388-
Change in cash-€9,369€2,927-€22,120-€6,715-€2,463€3,434€7,983▲ 132%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 31,368 companies had the same profile as Sedar has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Sedar itself: 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for Sedar. 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.

Latest 10 of 47 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 23-07-2026 2026-00338466 PDF
31-12-2024 full format 17-05-2025 2025-00098229 PDF
31-12-2023 full format 22-07-2024 2024-00268100 PDF
31-12-2022 full format 05-07-2023 2023-00219435 PDF
31-12-2021 full format 08-08-2022 2022-20274658 PDF
31-12-2020 full format 16-07-2021 2021-35900011 PDF
31-12-2019 full format 30-11-2020 2020-72500494 PDF
31-12-2018 full format 27-08-2019 2019-50800454 PDF
31-12-2017 full format 17-07-2018 2018-33300513 PDF
31-12-2016 full format 04-07-2017 2017-25700175 PDF

Show all 47 filings

Board & ownership

Directors

Directors
1 director
Draps Edouard-Vincent
Director · since 19-05-2023 · 6-year term from 2024 · listed in the 2025 annual accounts, filed on 23-07-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 17.- Représentation de la société 17.1. Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables…”
deed of 16-08-2022

Owners and capital

Shareholders

Stated in the act act of 21-06-2022 ↗

Capital transactions

Capital over time
  1. 16-08-2022 Capital increase of €7,466.13 · to €110,863.01 · from reserves
  2. 16-08-2022 Capital reduction of €49,363.01 · to €61,500
  3. 21-06-2022 Capital stated in the deed · €100,396.88 · 4,050 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, administrateur unique”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Tous pouvoirs prévus par Code des sociétés et des associations, assemblée générale peut limiter à tout moment à majorité simple”

Articles of association, deed of 16-08-2022 (in French)

Network & group

Acquisitions and mergers

1 transaction
BE 0789.338.389partial demerger · Gazette deed of 16-08-2022 (2 acts)

Companies at the same address

13 other companies

Connections & network

1 current director
Depth

The network starts from the directors of Sedar. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
23-07
NBB filing Annual accounts 2025 filedNBB
full format · 8 days before the deadline
2025
31-12
Financial Back to profitnet €15,270
The net result is €15,270, after one loss-making year.
18-12
Gazette deed Registered office moved from Woluwé-Saint-Pierre to Ixelles
Director in office3 points ▸
  • Board meeting, 25-11-2025
  • Registered-office move, Rue Américaine 215 boite 8 à 1050 Ixelles
  • Director in office, Draps Edouard (sole director)

Open the act in the Belgian Official Gazette

17-05
NBB filing Annual accounts 2024 filedPDF
full format · 75 days before the deadline
2024
22-07
NBB filing Annual accounts 2023 filedPDF
full format · 9 days before the deadline
17-07
Gazette deed Reappointment: Draps Edouard-Vincent (director)
2 points ▸
  • General meeting, 19-05-2023
  • Director reappointment, Draps Edouard-Vincent (director)

Open the act in the Belgian Official Gazette

2023
31-12
Financial Highest result from 2018 to 2025net €17,432 ▲42.5%
The operating result of €17,850 and the net result of €17,432 are both a record.
31-12
Financial Equity above €100,000equity €101,625 ▲7.9%
After 2 profitable years in a row, equity reaches €101,625.
05-07
NBB filing Annual accounts 2022 filedPDF
full format · 26 days before the deadline
10-03
Gazette deed Registered office moved from Laeken to Bruxelles
Director in office3 points ▸
  • Board meeting, 05-01-2023
  • Registered-office move, Avenue Général de Longueville 1 - bte 4 à 1150 Bruxelles (Woluwé-Saint-Pierre)
  • Director in office, DRAPS Edouard-Vincent (sole director)

Open the act in the Belgian Official Gazette

2022
31-12
Financial Back to profitnet €12,237
The net result is €12,237, after one loss-making year.
16-08
Gazette deed Demerger: SEDAR splits off to FONCIERE DE LA SABLIERE
Capital increase · Capital · Accounting effect21 points ▸
  • General meeting, 29-07-2022
  • Capital increase, €7,466.13
  • Capital, €110,863.01
  • Other provision, “actualisation informations scission, absence de modification importante du patrimoine depuis établissement projet de scission partielle” (deed in French)
  • Demerger, “scission partielle sans dissolution par constitution société nouvelle, Pas de dettes” (deed in French)
  • Accounting effect, 01-01-2022
  • Other provision, “absence avantage particulier organes administration, aucun avantage particulier attribué aux membres organes administration sociétés participant à la scission” (deed in French)
  • Other provision, “ensemble des charges, frais, honoraires, impôts et taxes liés à la scission partielle, prise en charge des frais de la scission partielle” (deed in French)
  • Real estate, “bien soumis à publicité particulière, parcelle de terrain avec constructions inachevées” (deed in French)
  • Other provision, “absence de déclaration et garantie de la société scindée, celles expressément prévues dans l'acte et ses annexes” (deed in French)
  • Other provision, “appartenance et jouissance du Patrimoine Transféré, Patrimoine Transféré fait à la date de ce jour partie de son patrimoine” (deed in French)
  • Share issue, 100, 4050
  • The act holds 9 more points.

Open the act in the Belgian Official Gazette

Show earlier events
08-08
NBB filing Annual accounts 2021 filedPDF
full format · 8 days late
21-06
Gazette deed Demerger proposal: Sedar splits off to Foncière de la Sablière
Name clause · Registered office clause · Capital17 points ▸
  • Demerger, “scission partielle par constitution d'une nouvelle société, annexe 1 du projet de scission déposé” (deed in French)
  • Name clause, Foncière de la Sablière
  • Registered office clause, 1, “Avenue Général de Longueville, bte 4 à 1150 Bruxelles” (deed in French)
  • Capital, €88,944.47
  • Edouard-Vincent Draps holds 100 shares
  • Incorporation, 09-01-1965
  • Legal-form conversion, “société anonyme” (deed in French)
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital, €100,396.88
  • Capital decrease, €51,033.87
  • Capital increase
  • Accounting effect, 01-01-2022
  • The act holds 5 more points.

Open the act in the Belgian Official Gazette

2021
31-12
Financial Weakest financial yearnet -€12,502
The net result drops to -€12,502, the lowest from 2018 to 2025. It recovers the following year.
16-07
NBB filing Annual accounts 2020 filedPDF
full format · 15 days before the deadline
2020
31-12
Financial Back to profitnet €8,048
The net result is €8,048, after 2 loss-making years.
30-11
NBB filing Annual accounts 2019 filedPDF
full format · 122 days late
2019
27-08
NBB filing Annual accounts 2018 filedPDF
full format · 27 days late
2018
17-07
NBB filing Annual accounts 2017 filedPDF
full format · 14 days before the deadline
2017
04-07
NBB filing Annual accounts 2016 filedPDF
full format · 27 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Sedar was incorporated on 1 January 1968.1 In 2022 the capital was increased by €7,466 to €110,863.2 The registered office moved to Bruxelles in 2023 and to Ixelles in 2025.34 Total assets went from €120,527 in 2022 to €117,336 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-08-2022
  3. 3Belgian Official Gazette, 10-03-2023
  4. 4Belgian Official Gazette, 18-12-2025
  5. 5National Bank, annual accounts 2022 and 2025

Company details

Register details

Identity

KBO record
Name Sedar in French
Enterprise number 0403.324.713
Legal form Public limited company
Status Active, normale toestand
Founded 01-01-1968
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-08-2022 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, 2”
deed of 16-08-2022 (in French)

Registered office and establishments

Registered office Amerikaanse straat 215, 1050 Elsene, Belgium
2 former offices
  • 1150 Woluwé-Saint-Pierre until 25-11-2025 · act of 18-12-2025
  • 1020 Laeken until 05-01-2023 · act of 10-03-2023
Establishment unit SEDAR, Amerikaanse straat 215, 1050 Elsene since 01-01-1965 · unit number 2.000.199.58468110 Buying and selling of own real estate

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“La société a pour objet toutes opérations financières, industrielles, ou commerciales concernant le marché immobilier, y compris la mise en…”
4 activities
  1. La société a pour objet toutes opérations financières, industrielles, ou commerciales concernant le marché immobilier, y compris la mise en valeur, le lotissement et la gérance de tous les biens de nature immobilière.
  2. Elle peut exercer son activité pour compte propre ou pour compte de tiers, et réaliser toutes opérations quelconques se rattachant directement ou indirectement à son objet ou à des domaines connexes, ou de nature à en favoriser la réalisation.
  3. La société peut accomplir, en Belgique ou à l'étranger, toutes les opérations généralement quelconques, commerciales, industrielles, financières, mobilières, ou immobílières se rapportant directement ou indirectement à son objet.
  4. Elle peut s'intéresser par toutes voies dans toutes entreprises ou scciétés ayant un objet analogue au sien ou qui soit de nature à favoriser son développement ou constituant pour elle une source ou un débouché.
deed of 16-08-2022 (in French)

Invoicing and payment

VAT number BE 0403.324.713
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0403324713

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of May at 15:00
deed of 16-08-2022 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
14 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
437 m²
Building footprint
186 m²
Building volume
3,975 m³
Cadastral parcel Region Area Buildings Height / floors
21447B0266/00X011 Brussels 437 m² 1 · 186 m² 24.4 m · 7