Equity
€70,495 from €152,068 in 2009
Equity fell by 54% in 17 years.
SEDATECH
Lifetime
18 annual accounts with figures on one time axis, 25 filings since 2002peak €329,506 (2017)
€15,422▼ 36.1%
lowest -€110,519 (2019)
€1,475▼ 87.7%
peak €152,068 (2009)
€70,495▲ 2.1%
€17,361▼ 21.2%
peak 5.9 FTE (2015)
-not published
Board1 name since 2022
1 directorPETERS,Wilfried Albert
Documentsfilings and deeds
23-09-202638 days before the deadline
2026micro format
Gross margin from €24,124 to €15,422Result from €12,019 to €1,475Debts from €22,037 to €17,361
Key points
from the 2026 annual accountsChecked score
91
Excellent
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 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: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025lowest value
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €87,855
lowers risk
Founded in 2002
Liquidity: current ratio 4.66, cash €16,325
Equity €70,495 (80.2% of total assets)
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 43, micro). It does better than 90% of them on solvency, 69% on liquidity, 39% on profitability and 41% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as SEDATECH has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SEDATECH itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 17,041 companies, not a prediction for SEDATECH. 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.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.66 (5.32 in 2025), above the usual 1.5. Short-term debt is 15.2% and cash 18.6% of total assets. 19.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
38 days early
2025
30 days early
2024
23 days early
2023
34 days early
2022
35 days early
2021
10 days early
2020
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477274246
Change of role: PETERS, Wilfried Albert, from manager to director
“Algemene elektriciteitswerken; Onderneming voor de installatie van de bedrading in het algemeen en voor…” (deed in Dutch) · Director discharge: PETERS, Wilfried Albert · General meeting of 11-09-2023 · Gazette deed
Registered office moved from Tessenderlo to Ham
New registered office: Den Dries 5, 3945 Ham · Previous registered office: Processieweg 34/B, 3980 Tessenderlo · Gazette deed
First establishment
Den Dries 5, Tessenderlo-Ham
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SEDATECH Tessenderlo-Ham | €87,855 | €15,422 | 80.2% | - |
| ELMAN Hamme (Vl.) | €90,391 | €14,746 | 33.0% | - |
| MULTILIGHT Diest | €81,656 | €13,708 | 8.8% | - |
| ARENS EN CO Antwerp | €89,014 | €13,192 | 87.7% | - |
| Schelfhout Marc Zele | €102,075 | €14,217 | 82.2% | - |
| ELGICO Beveren-Kruibeke-Zwijndrecht | €80,423 | €18,806 | 90.2% | - |
| Ma Petite Entreprise Wanze | €78,211 | €16,815 | 66.1% | - |
These companies have the same main activity as SEDATECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €78,200 and €102,000, founded between 1999 and 2005.
Official details
Source: KBO- Status
- Active since 05-04-2002Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 31-03-2026
- Establishment unit
- 2.096.061.3203945 Tessenderlo-Ham, since 07-06-2002
- Financial year end
- 31 March
- Peppol
- Reachable since 24-11-2023
Annual accounts to 31-03-2026
- €87,855▼ 3.5%
- Filing
- Filed on 23-09-2026, 38 days before the end of the filing period
Insights on SEDATECH
SEDATECH files the micro format. That format states no turnover. The gross margin fell from €179,987 in 2007 to €15,422 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SEDATECH
- What is the company number of SEDATECH?
- The company number of SEDATECH is 0477.274.246. The VAT number is the same number with BE in front: BE 0477.274.246.
- Where is SEDATECH based?
- The registered office is at Den Dries 5, 3945 Tessenderlo-Ham.Company details
- What does SEDATECH do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of SEDATECH?
- SEDATECH is a private limited company (BV).
- When was SEDATECH founded?
- SEDATECH was founded on 05-04-2002.
- Is SEDATECH still active?
- Yes, SEDATECH is an active enterprise in the KBO register.
- How many employees does SEDATECH have?
- SEDATECH had an average of 2.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does SEDATECH fall under?
- In its 31-03-2026 annual accounts, SEDATECH states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of SEDATECH?
- The turnover in financial year 2026 is ≈ €130,000. This figure is estimated from the gross margin of €15,422 and 97 comparable companies (NACE 43211). It probably lies between €83,000 and €270,000. It is a rough estimate.
- Is SEDATECH profitable?
- In financial year 2026, SEDATECH made a profit of €1,475.
- Where can I find the annual accounts of SEDATECH?
- SEDATECH filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SEDATECH due?
- SEDATECH must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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