SEDIC
ActiveSEDIC has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €-19k. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 7728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency94▼-4
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 2.48 in 2024), but 50.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
6 d early
2023
34 d early
2022
7 d late
2021
26 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€131k▼ 12.7%
2024 · €150k
2021: €221k
2022: €152k
2023: €175k
2024: €150k
2021 → 2025
Total assets
€266k▲ 6.1%
2024 · €251k
2021: €439k
2022: €502k
2023: €352k
2024: €251k
2021 → 2025
Net result
€-19k▲ 23.4%
2024 · €-25k
2021: €2k
2022: €109k
2023: €22k
2024: €-25k
2021 → 2025
Working capital
€180k▲ 21.3%
2024 · €149k
2021: €180k
2022: €126k
2023: €162k
2024: €149k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€152k▼ 30.9%€175k▲ 14.6%€150k▼ 14.2%€131k▼ 12.7%
Operating result€3k-€140k▲ 3,986%€35k▼ 75.1%€-32k€-25k▲ 21.2%
Net result€2k-€109k▲ 4,400%€22k▼ 79.5%€-25k€-19k▲ 23.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €32k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266k
Fixed assets
€581▼ 58.7%
Current assets
€265k▲ 6.5%
Equity and liabilities €266k
Equity
€131k▼ 12.7%
Debt
€135k▲ 34.1%
The debt ratio rises from 40.2% to 50.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-24k▼
2024 · €-19k
Cash flow
€-18k▼
2024 · €-12k
Solvency
49.2%▼
2024 · 59.8%
Current ratio
3.12▲
2024 · 2.48
Quick ratio
3.12▲
2024 · 2.48
Debt / equity
1.03▲
2024 · 0.67
ROE
-14.6%▲
2024 · -16.6%
ROA
-7.2%▲
2024 · -9.9%
Interest coverage
-22.46▼
2024 · -11.99
Debt
€135k▲
2024 · €101k
Debt ≤ 1 year
€85k▼
2024 · €101k
Debt > 1 year
€50k
Income taxes
€0▲
2024 · €-852
Staff costs
€46k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€251k€266k▲
Fixed assets
21/28€1k€581▼
Intangible fixed assets
21€246€0▼
Tangible fixed assets
22/27€1k€581▼
Current assets
29/58€249k€265k▲
Amounts receivable within one year
40/41€222k€211k▼
Cash & bank
54/58€27k€53k▲
Total equity & liabilities
10/49€251k€266k▲
Equity
10/15€150k€131k▼
Contributions / capital
10/11€19k€19k=
Reserves
13€131k€112k▼
Amounts payable
17/49€101k€135k▲
Amounts payable after one year
17-€50k
Amounts payable within one year
42/48€101k€85k▼
Trade debts payable within one year
44€62k€45k▼
Income statement
Code20242025
Gross operating margin
9900€26k€23k▼
Operating result
9901€-32k€-25k▲
Financial income
75€8k€7k▼
Financial charges
65€2k€1k▼
Result before taxes
9903€-26k€-19k▲
Income taxes
67/77€-852€0▲
Net result for the period
9904€-25k€-19k▲
Result to be appropriated
9905€-25k€-19k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
02-04
State Gazette act
Registered-office change
2024
31-12
Financial
Weakest financial yearnet €-25k ▼212%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
20-09
State Gazette act
Director changes
Daphne Vandevelde
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
31-12
Financial
Highest result since 2021net €109k ▲4400%
Operating result €140k, net result €109k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
1 director, last change in 2024
BAUWENS Johan Armand André
CurrentNon-statutory director · since 20-09-2024
20-09-2024
Appointed as Non-statutory director
Not every act has been read: a resignation may be missing here
4 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ambachtenlaan 39990 MaldegemGround area
3,304 m²
Building footprint
1,554 m²
Volume, LiDAR
3,295 m³
Parcel 43001H0451/00L003, Flanders · tallest building 17.7 m. Linked by address, not a title deed.
1 establishment unit
SEDIC
since 20122.209.130.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0451/00L003 | Flanders | 3,304 m² | 1 · 1,554 m² | 17.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
Noobel
BE 0758.808.828
Willebroek · Eq €131k
Gramo Electro
BE 0549.911.707
Antwerpen · Eq €130k
MENTORE
BE 0537.852.033
Flémalle · Eq €129k
ML PROJECTS
BE 0544.691.127
Zandhoven · Eq €129k
ENERVRO
BE 0822.497.048
Pelt · Eq €128k
Of 1,067 companies in sector 46140 we hold annual accounts for 617. 491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2012
Fiscal year end31-12
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
70200Business and other management consultancy
70220Business consulting
46630Wholesale trade
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 27-08-2026. Scores and ratios are computed by Checked and are not a credit decision.