Sedasko
ActiveSummary
Sedasko has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €524,374. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 60% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-07-2015 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.244.031.058 9770 Kruisem, since 16-07-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €237,117
- ▲ 8.0%
- Turnover
- ≈ €380,000
- estimated
- Profit
- €524,374
- ▼ 32.5%
- Equity
- €4.1m
- ▲ 14.5%
- Total assets
- €6.6m
- ▼ 0.1%
Score breakdownraises riskLiquidity: current ratio 0.19, cash €186,253lowers riskSize: total assets €6.6mFigures for financial year 2025 (filed on 14-07-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 70, small). It does better than 60% of them on solvency, 37% on liquidity, 31% on profitability and 70% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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Signals
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 14-07-2026 at the NBB all 10 filings
Every figure per financial year
The operating result for 2025 is 8% higher than in 2024. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | €391,386 | €78,992 | - | - | - |
| Carrying value of the other pledged assets | €6.3m | €6.4m | €6.4m | €6.4m | €6.4m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €6,698 | €6,504 | - |
| Financial fixed assets | €115,000 | €60,372 | - | - | - |
| Depreciation and write-downs of the year | €1,026 | €1,026 | €1,716 | €3,062 | €3,666 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,026 | €1,026 | €1,026 | €1,026 | €1,026 | €1,716 | €3,062 | €3,666 | ▲ 19.7% |
| Other operating charges640/8 | - | - | - | €988 | €990 | €1,142 | €1,108 | €1,143 | ▲ 3.1% |
| Gross operating margin9900 | €175,462 | €172,867 | €183,342 | €191,197 | €246,798 | €214,898 | €219,545 | €237,117 | ▲ 8.0% |
| Operating profit (loss)9901 | €173,438 | €170,841 | €179,534 | €189,183 | €244,783 | €212,040 | €215,375 | €232,309 | ▲ 7.9% |
| Financial income75/76B | - | - | - | €500,000 | €600,000 | €600,000 | €663,912 | €452,167 | ▼ 31.9% |
| Recurring financial income75 | €307,540 | €307,544 | €307,540 | €500,000 | €600,000 | €600,000 | €663,912 | €452,167 | ▼ 31.9% |
| Financial charges65/66B | - | - | - | €90,896 | €83,812 | €75,330 | €62,343 | €135,251 | ▲ 117% |
| Recurring financial charges65 | €111,206 | €103,102 | €98,687 | €90,896 | €83,812 | €75,330 | €62,343 | €135,251 | ▲ 117% |
| Profit (loss) for the period before taxes9903 | €369,771 | €375,282 | €388,386 | €598,287 | €760,971 | €736,710 | €816,945 | €549,224 | ▼ 32.8% |
| Income taxes67/77 | €13,552 | €26,451 | €20,741 | €24,704 | €40,553 | €34,328 | €40,057 | €24,850 | ▼ 38.0% |
| Profit (loss) for the period9904 | €356,219 | €348,832 | €367,646 | €573,583 | €720,417 | €702,383 | €776,888 | €524,374 | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €356,219 | €348,832 | €367,646 | €573,583 | €720,417 | €702,383 | €776,888 | €524,374 | ▼ 32.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.5m | €6.4m | €6.5m | €6.6m | €6.7m | €6.9m | €6.6m | €6.6m | ▼ 0.1% |
| Fixed assets21/28 | €6.3m | €6.3m | €6.3m | €6.4m | €6.5m | €6.5m | €6.4m | €6.4m | ▼ 0.1% |
| Tangible fixed assets22/27 | €0.008m | €0.007m | €0.006m | €0.004m | €0.003m | €0.008m | €0.01m | €0.008m | ▼ 30.8% |
| Land and buildings22 | - | - | - | €0.004m | €0.003m | €0.002m | €0.001m | €387 | ▼ 72.6% |
| Furniture and vehicles24 | - | - | - | - | - | €0.006m | €0.01m | €0.008m | ▼ 25.2% |
| Financial fixed assets28 | €6.3m | €6.3m | €6.3m | €6.4m | €6.5m | €6.5m | €6.4m | €6.4m | = |
| Current assets29/58 | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | €0.3m | €0.2m | ▼ 2.0% |
| Amounts receivable within one year40/41 | €0.05m | €0.05m | €0.05m | €0.05m | €0.07m | €0.06m | €0.06m | €0.06m | ▲ 1.9% |
| Trade receivables40 | - | - | - | €0.05m | €0.06m | €0.05m | €0.06m | €0.06m | ▼ 0.9% |
| Other amounts receivable41 | - | - | - | €0 | €0.009m | €0.003m | €0.003m | €0.005m | ▲ 51.1% |
| Current investments50/53 | - | - | - | - | - | €0.3m | €0.2m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.2m | €0.06m | €0.1m | €0.1m | €0.2m | €0.07m | €0.04m | €0.2m | ▲ 338% |
| Deferred charges and accrued income490/1 | - | - | - | - | €11 | €0 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.5m | €6.4m | €6.5m | €6.6m | €6.7m | €6.9m | €6.6m | €6.6m | ▼ 0.1% |
| Equity10/15 | €2.1m | €2.4m | €2.8m | €3.4m | €4.1m | €4.7m | €3.6m | €4.1m | ▲ 14.5% |
| Contributions10/11 | €1.4m | €1.4m | - | €1.4m | €1.4m | €1.4m | €0.9m | €0.9m | = |
| Reserves13 | €0.7m | €1.0m | €1.4m | €2.0m | €2.6m | €3.3m | €2.8m | €3.3m | ▲ 18.2% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.05m | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.9m | €2.6m | €3.3m | €2.8m | €3.3m | ▲ 18.2% |
| Profit (loss) carried forward14 | €0.002m | €26 | €0.001m | €0.02m | €0.05m | €0.02m | €0.02m | €0.04m | ▲ 141% |
| Amounts payable17/49 | €4.4m | €4.0m | €3.7m | €3.2m | €2.6m | €2.1m | €3.0m | €2.5m | ▼ 17.7% |
| Amounts payable after more than one year17 | €3.8m | €3.4m | €3.1m | €2.7m | €2.5m | €2.1m | €1.7m | €1.1m | ▼ 36.1% |
| Financial debts170/4 | - | - | - | €2.7m | €2.5m | €2.1m | €1.7m | €1.1m | ▼ 36.1% |
| Amounts payable within one year42/48 | €0.6m | €0.5m | €0.6m | €0.5m | €0.1m | €0.04m | €1.3m | €1.3m | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.08m | €0 | - | - | - |
| Trade debts44 | €321 | €322 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 27.0% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 27.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 8.0% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 8.0% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.04m | €0.03m | €1.3m | €1.3m | ▼ 1.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.002m | €0.002m | €0.001m | €0.09m | ▲ 63× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €356,219 | €348,832 | €367,646 | €573,583 | €720,417 | €702,383 | €776,888 | €524,374 | ▼ 32.5% |
| + Depreciation and write-downs630 | €1,026 | €1,026 | €1,026 | €1,026 | €1,026 | €1,716 | €3,062 | €3,666 | ▲ 19.7% |
| Operating cash flow (approximation) | €357,245 | €349,857 | €368,671 | €574,608 | €721,443 | €704,098 | €779,949 | €528,040 | ▼ 32.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€115,000 | -€60,372 | -€6,698 | €108,496 | €0 | ▼ 100% |
| Change in cash | - | -€115,829 | €60,348 | -€18,662 | €61,376 | -€96,641 | -€26,753 | €143,771 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 14-07-2026 | 2026-00289090 | |
| 31-12-2024 | abbreviated format | 14-07-2025 | 2025-00283233 | |
| 31-12-2023 | abbreviated format | 02-08-2024 | 2024-00322404 | |
| 31-12-2022 | abbreviated format | 03-07-2023 | 2023-00189430 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20368663 | |
| 31-12-2020 | abbreviated format | 26-08-2021 | 2021-54900281 | |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-68100097 | |
| 31-12-2018 | micro format | 31-08-2019 | 2019-60600509 | |
| 31-12-2017 | abbreviated format | 20-07-2018 | 2018-35500509 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-52000407 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 28-12-2022 Capital stated in the deed · 14,186 shares
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| BLANCHAERT Koen |
|
| Johan Blanchaert |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal, bestuursorgaan”
Articles of association, deed of 28-12-2022 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- VDSsubsidiarySourceown accounts 2025Equity €11.4m Profit of €1.4m in 2025 (profit of €1.3m in 2024) Checked score 96100%
Connections & network
1 current directorThe network starts from the directors of Sedasko. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-12
Gazette deed
Company renamed from FEE’X to SedaskoChange of role: BLANCHAERT Koen, from huidige statutaire zaakvoerder to statutory director · Appointment: Johan Blanchaert (statutory director) · Capital conversion10 points ▸
- Director appointment, BLANCHAERT Koen (statutory director), mentioned 2 times in the deed
- Director appointment, Johan Blanchaert (statutory director), mentioned 2 times in the deed
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “artikel 39,§2,tweede lid van de wet van 23-03-2019” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Other provision, 14186, “volstorting aandelen” (deed in Dutch)
- Name change, Sedasko
- Director resignation, BLANCHAERT Koen (huidige statutaire zaakvoerder)
- Amendment of the articles
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
10 activities
- Het verlenen van bijstand,advies en leiding op het vlak van management,organisatie,administratieve en juridische ondersteuning van vennootschappen en natuurlijke personen,dit alles in de meest ruime betekenis
- Diensten,ontwikkeling,technologie,distributie,adviesverlening,studies aanbieden voor de kweek van dieren en productie van gespecialiseerde voerders,eveneens voor aquacultuur
- Het waarnemen van bestuursmandaten in andere vennootschappen en hiervoor vergoedingen ontvangen
- De aan en verkoop,de fabricatie,de in- en uitvoer van veevoeders,van premixen en additieven voor dierenvoeding,inbegrepen voor aquacultuur,en van alle producten,alle grondstoffen en afgewerkte producten nodig voor het kweken van dieren alsmede alle daarmee gepaard gaande serviceverlening,dit alles in de meest ruime zin
- De aan en verkoop,de import en export van dieren in de meest brede zin,de import en de export van alle hieraan gerelateerde producten,alsook de participatie in één of meerdere vennootschappen of verenigingen met een gelijkaardig of aanverwant voorwerp
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen
- De vennootschap zal ook functies van bestuurder of vereffenaar in andere vennootschappen kunnen uitoefenen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45017B0586/00K002 | Flanders | 538 m² | 1 · 156 m² | 8.5 m · 1 |