SEDESCA
SEDESCA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.72M and a net result of €224k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 8442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €3.72M |
| Net result | €224k |
| Better than sector | 71% |
| Active | 19 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 75.2% | 53.1% | |
| Net result | €224k | €38k | |
| Equity | €3.72M | €353k | |
| Gross operating margin | €315k | €87k | |
| Staff costs | €225 | €78k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €310k | €254k | €405k | €552k | €546k |
| Net profit | €224k | €178k | €291k | €392k | €381k |
| Cash flow | €226k | €180k | €293k | €402k | €391k |
| Staff costs | €225 | €74k | €78k | €64k | - |
| Income taxes | €80k | €65k | €102k | €135k | €129k |
| Dividends | - | - | - | - | - |
| Total assets | €4.95M | €4.93M | €4.96M | €4.75M | €4.78M |
| Equity | €3.72M | €3.50M | €3.32M | €3.03M | €2.64M |
| Debt | €1.23M | €1.43M | €1.64M | €1.73M | €2.14M |
| of which ≤ 1y | €261k | €396k | €439k | €473k | €590k |
| of which > 1y | €968k | €1.04M | €1.20M | €1.25M | €1.55M |
| Working capital | €-30k | €-163k | €-183k | €-248k | €-354k |
| Employees (FTE) | - | 1.1 | 2.0 | 1.0 | 1.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.89 | 0.59 | 0.58 | 0.48 | 0.40 |
| Quick ratio | 0.89 | 0.59 | 0.58 | 0.48 | 0.40 |
| Working capital ratio | -0.6% | -3.3% | -3.7% | -5.2% | -7.4% |
| Solvency | 75.2% | 70.9% | 67.0% | 63.7% | 55.2% |
| Debt / equity | 0.33 | 0.41 | 0.49 | 0.57 | 0.59 |
| Long-term debt ratio | 0.26 | 0.30 | 0.36 | 0.41 | 0.59 |
| Interest coverage | 74.71 | 29.54 | 37.86 | 36.46 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 4.5% | 3.6% | 5.9% | 8.2% | 8.0% |
| ROE | 6.0% | 5.1% | 8.8% | 12.9% | 14.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.95M | €4.93M | €4.96M | €4.75M | €4.78M |
| Fixed assets | 21/28 | €4.72M | €4.70M | €4.70M | €4.53M | €4.54M |
| Tangible fixed assets | 22/27 | €24k | €4k | €6k | €8k | €18k |
| Financial fixed assets | 28 | €4.70M | €4.70M | €4.70M | €4.52M | €4.52M |
| Current assets | 29/58 | €231k | €233k | €256k | €225k | €236k |
| Amounts receivable within one year | 40/41 | €154k | €154k | €186k | €201k | €186k |
| Cash & bank | 54/58 | €40k | €632 | €36k | €11k | €18k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.95M | €4.93M | €4.96M | €4.75M | €4.78M |
| Equity | 10/15 | €3.72M | €3.50M | €3.32M | €3.03M | €2.64M |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k | - |
| Reserves | 13 | €3.70M | €3.48M | €3.30M | €3.01M | €2.62M |
| Amounts payable | 17/49 | €1.23M | €1.43M | €1.64M | €1.73M | €2.14M |
| Amounts payable after one year | 17 | €968k | €1.04M | €1.20M | €1.25M | €1.55M |
| Amounts payable within one year | 42/48 | €261k | €396k | €439k | €473k | €590k |
| Trade debts payable within one year | 44 | €152k | €103k | €78k | €105k | €11k |
| Income statement | ||||||
| Gross operating margin | 9900 | €315k | €332k | €488k | €624k | €570k |
| Operating result | 9901 | €308k | €252k | €403k | €542k | €536k |
| Financial income | 75 | - | €0 | €0 | - | €0 |
| Financial charges | 65 | €4k | €9k | €11k | €15k | €25k |
| Result before taxes | 9903 | €304k | €243k | €392k | €527k | €511k |
| Income taxes | 67/77 | €80k | €65k | €102k | €135k | €129k |
| Net result for the period | 9904 | €224k | €178k | €291k | €392k | €381k |
| Result to be appropriated | 9905 | €224k | €178k | €291k | €392k | €381k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 14-09-2006 |
| Status | Active |
| Postal code | 8400 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0885/00Y000 | Flanders | 1.8 ha | - | - |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-10-2022 Registered office moved from Koksijde to Oostende
- KINDERLAAN 3 BUS 0502 -8670 KOKSIJDE → Haringstraat 142-144, 8400 Oostende
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Haringstraat 142-144, 8400 Oostende",
"city": "Oostende",
"region": "vlaams_gewest",
"street": "Haringstraat",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "142-144",
"locality_suffix": null
},
"old_address": {
"raw": "KINDERLAAN 3 BUS 0502 -8670 KOKSIJDE",
"city": "Koksijde",
"region": "vlaams_gewest",
"street": "Kinderlaan",
"country": "BE",
"postcode": "8670",
"box_number": "0502",
"street_number": "3",
"locality_suffix": null
},
"effective_date": "2022-10-20",
"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": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"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": "nl",
"pub_date": "2022-10-28",
"filing_date": "2022-10-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-09-30",
"unanimous": true
},
"subject_company": {
"kbo": "0883.512.523",
"name_full": "SEDESCA",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Xavier SEYS",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | SEDESCA |