SEDIVAN
ActiveSummary
SEDIVAN has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,673 and a net result of €31. Equity has been stable since 2019 (±0% per year). Its solvency ranks better than 14% of 2,815 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-12-2007 Normal situation
- Activity
- Office administrative and support services NACE 82100
- Establishment unit
- 2.169.601.176 9830 Sint-Martens-Latem, since 27-12-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Board and ownership
Board
- DAENENS Valérie Anne JeanneDirector
- VAN NESTE Diederik Bernard LeopoldDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €1,422
- ▼ 51.7%
- Turnover
- ≈ €6,300
- estimated
- Profit
- €31
- ▼ 89.5%
- Equity
- €18,673
- ▲ 0.2%
- Total assets
- €1.8m
- =
Score breakdownraises riskEquity €18,673 (1.0% of total assets)Liquidity: current ratio 2.24, cash €22,292lowers riskSize: total assets €1.8mFigures for financial year 2025 (filed on 24-07-2026)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Weak
Solvency
26=
equity 1.0% of total assets
Liquidity
52=
short-term debt 0.8% · cash 1.2%
Profitability
38=
return on assets 0.0%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▲ +0.2 percentage points vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 1.0%▲ +0.4 percentage points vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 1.3%▲ +0.2 percentage points vs 05-2025
07-2025: 2.3%▲ +1.0 percentage point vs 06-2025highest value
08-2025: 0.2%▼ -2.1 percentage points vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025lowest value
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
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.24 (2.23 in 2024), above the usual 1.5. Short-term debt is 0.8% and cash 1.2% of total assets. However, 99% 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 (NACE 82, micro). It does better than 14% of them on solvency, 43% on liquidity, 21% on profitability and 40% on growth.
The bankruptcy probability was computed on 03-11-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2815 sector peers (2025).
NBB · sector comparisonPosition among 2815 sector peers
Solvency
better than 14%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
7 days early
2024
6 days early
2023
36 days early
2022
34 days early
2021
31 days early
2020
31 days early
2019
32 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 25 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed 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.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 24-07-2026 at the NBB all 7 filings
Turnover
€24,400
EBIT margin
2.5%
Net result
€31▼ 89.5%
2024 · €298
Working capital
€18,548▲ 0.2%
2024 · €18,517
Multi-year overview
2019 to 2025, 7 financial yearsTurnover
no figure
2025
20192025
Operating result
€170
▲ 34.0%
2025
20192025
Net result
€31
▼ 89.5%
2025
middle half of the sector
20192025
EBIT margin
no figure
2025
20192025
Equity
€18,673
▲ 0.2%
2025
lowest quarter of the sector
20192025
Total assets
€1.8m
=
2025
middle half of the sector
20192025
Debt
€1.8m
=
2025
20192025
Working capital
€18,548
▲ 0.2%
2025
middle half of the sector
20192025
Solvency
1.0%
=
2025
lowest quarter of the sector
20192025
Current ratio
2.24
=
2025
middle half of the sector
20192025
Return on assets (ROA)
0.0%
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€0.02m
Operating result€374-€470▲ 25.7%€0.001m▲ 32.1%-€0.004m€0.003m€127▼ 96.1%€170▲ 34.0%
Net result€109-€395within the sector's middle half▲ 263%€336within the sector's middle half▼ 15.1%-€0.004mbelow the sector's middle half€0.003mwithin the sector's middle half€298within the sector's middle half▼ 91.0%€31within the sector's middle half▼ 89.5%
EBIT margin2.5%
Equity€0.02m-€0.02mwithin the sector's middle half▲ 2.1%€0.02mwithin the sector's middle half▲ 1.8%€0.02mwithin the sector's middle half▼ 22.4%€0.02mwithin the sector's middle half▲ 22.0%€0.02mwithin the sector's middle half▲ 1.6%€0.02mbelow the sector's middle half▲ 0.2%
Total assets€1.9m-€1.9mabove the sector's middle half▲ 0.6%€1.9mabove the sector's middle half▲ 1.2%€1.8mabove the sector's middle half▼ 2.3%€1.8mabove the sector's middle half▼ 0.4%€1.8mabove the sector's middle half▼ 0.1%€1.8mwithin the sector's middle half=
Debt€1.8m-€1.9m▲ 0.6%€1.9m▲ 1.2%€1.8m▼ 2.1%€1.8m▼ 0.6%€1.8m▼ 0.1%€1.8m=
Working capital-€1.8m--€1.8mbelow the sector's middle half=-€1.8mbelow the sector's middle half=-€1.8mbelow the sector's middle half▼ 0.2%€0.02mwithin the sector's middle half€0.02mwithin the sector's middle half▲ 1.6%€0.02mwithin the sector's middle half▲ 0.2%
Solvency1.0%-1.0%below the sector's middle half=1.0%below the sector's middle half=0.8%below the sector's middle half▼ 0.2pp1.0%below the sector's middle half▲ 0.2pp1.0%below the sector's middle half=1.0%below the sector's middle half=
Current ratio0.03-0.03below the sector's middle half▲ 0.010.05below the sector's middle half▲ 0.010.02below the sector's middle half▼ 0.022.11within the sector's middle half▲ 2.092.23within the sector's middle half▲ 0.122.24within the sector's middle half=
Return on assets (ROA)0.0%-0.0%within the sector's middle half=0.0%within the sector's middle half=-0.2%below the sector's middle half▼ 0.3pp0.2%within the sector's middle half▲ 0.4pp0.0%below the sector's middle half▼ 0.2pp0.0%within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 34% higher than in 2024. It is a recovery after the fall in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.8m =
Current assets
€33,555 ▲ 0.1%
Equity and liabilities €1.8m
Equity
€18,673 ▲ 0.2%
Debt
€1.8m =
Debt's share of the balance-sheet total stays at 99.0%.
Key figures and ratios
Debt to equity
97.56▼
2024 · 97.72
ROE
0.2%▼
2024 · 1.6%
Debt ≤ 1 year
€15,007=
2024 · €15,007
Debt > 1 year
€1.8m=
2024 · €1.8m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €24,400 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,100 | €1,110 | €2,818 | €1,253 | ▼ 55.6% |
| Gross operating margin9900 | €2,315 | €753 | €1,204 | -€3,071 | €4,386 | €2,945 | €1,422 | ▼ 51.7% |
| Operating profit (loss)9901 | €374 | €470 | €621 | -€4,171 | €3,276 | €127 | €170 | ▲ 34.0% |
| Financial income75/76B | - | - | - | €0 | €153 | €392 | - | - |
| Recurring financial income75 | - | €0 | - | €0 | €153 | €392 | - | - |
| Financial charges65/66B | - | - | - | €178 | €127 | €220 | €138 | ▼ 37.2% |
| Recurring financial charges65 | €94 | €0 | €46 | €178 | €127 | €220 | €138 | ▼ 37.2% |
| Profit (loss) for the period before taxes9903 | €280 | €470 | €575 | -€4,349 | €3,303 | €298 | €31 | ▼ 89.5% |
| Income taxes67/77 | €171 | €75 | €239 | - | - | - | - | - |
| Profit (loss) for the period9904 | €109 | €395 | €336 | -€4,349 | €3,303 | €298 | €31 | ▼ 89.5% |
| Profit (loss) for the period to be appropriated9905 | €109 | €395 | €336 | -€4,349 | €3,303 | €298 | €31 | ▼ 89.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Fixed assets21/28 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Financial fixed assets28 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Current assets29/58 | €0.05m | €0.06m | €0.09m | €0.04m | €0.03m | €0.03m | €0.03m | ▲ 0.1% |
| Amounts receivable within one year40/41 | €0.05m | €0.04m | €0.06m | €0.001m | €0.008m | €0.009m | €0.01m | ▲ 30.3% |
| Trade receivables40 | - | - | - | - | €0.006m | €0.008m | €0.01m | ▲ 30.3% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.002m | €393 | €0.001m | ▲ 30.5% |
| Cash at bank and in hand54/58 | €0.001m | €0.03m | €0.02m | €0.04m | €0.03m | €0.02m | €0.02m | ▼ 10.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Equity10/15 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 0.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Other1109/19 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €50 | €292 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | - | - | - | €50 | €50 | €50 | €50 | = |
| Reserves not available under the articles1311 | - | - | - | €50 | €50 | €50 | €50 | = |
| Distributable reserves133 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€153 | - | - | -€0.004m | -€0.001m | -€0.001m | -€0.001m | ▲ 4.2% |
| Amounts payable17/49 | €1.8m | €1.9m | €1.9m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Amounts payable after more than one year17 | - | - | - | - | €1.8m | €1.8m | €1.8m | = |
| Other amounts payable178/9 | - | - | - | - | €1.8m | €1.8m | €1.8m | = |
| Amounts payable within one year42/48 | €1.8m | €1.9m | €1.9m | €1.8m | €0.02m | €0.02m | €0.02m | = |
| Trade debts44 | - | €0.03m | €0.05m | €0.01m | €0.001m | €13 | €13 | = |
| Suppliers440/4 | - | - | - | €0.01m | €0.001m | €13 | €13 | = |
| Other amounts payable47/48 | - | - | - | €1.8m | €0.01m | €0.01m | €0.01m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109 | €395 | €336 | -€4,349 | €3,303 | €298 | €31 | ▼ 89.5% |
| Operating cash flow (approximation) | €109 | €395 | €336 | -€4,349 | €3,303 | €298 | €31 | ▼ 89.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €26,489 | -€2,585 | €16,426 | -€14,338 | -€2,187 | -€2,589 | ▼ 18.4% |
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 (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-07-2026 | 2026-00328741 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00310546 | |
| 30-06-2023 | micro format | 26-12-2023 | 2023-00538547 | |
| 30-06-2022 | micro format | 28-12-2022 | 2022-20549218 | |
| 30-06-2021 | micro format | 31-12-2021 | 2021-82400527 | |
| 30-06-2020 | micro format | 31-12-2020 | 2020-77800472 | |
| 30-06-2019 | micro format | 30-12-2019 | 2019-77800552 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
DAENENS Valérie Anne Jeanne
Current
Director (not named in the articles) · appointed in the act of 02-07-2024 · term without a fixed end
VAN NESTE Diederik Bernard Leopold
Current
Statutory director · appointed in the act of 02-07-2024 · earlier director (not named in the articles), until 02-07-2024 · term without a fixed end
Owners and capital
Capital transactions
Capital over time
- 02-07-2024 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DAENENS Valérie Anne Jeanne |
|
| VAN NESTE Diederik Bernard Leopold |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle verrichtingen in wet tenzij algemene vergadering anders besluit bij gewone meerderheid, bestuursorgaan in functie als college van…”
Articles of association, deed of 02-07-2024 (in Dutch)
Network & group
SEDIVAN shares no director with another company.
Companies at the same address
4 other companiesConnections & network
2 current directorsThe network starts from the directors of SEDIVAN. 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:
2026
24-07
abbreviated format · 7 days before the deadline
2025
25-07
micro format · 6 days before the deadline
2024
02-07
Gazette deed
Change of role: VAN NESTE Diederik Bernard Leopold, from director to statutory directorAppointment: DAENENS Valérie Anne Jeanne (director) · Amendment of the articles · Capital15 points ▸
Gazette deed
Change of role: VAN NESTE Diederik Bernard Leopold, from director to statutory director
Appointment: DAENENS Valérie Anne Jeanne (director) · Amendment of the articles · Capital15 points ▸
- Director resignation, VAN NESTE Diederik Bernard Leopold (director (not named in the articles))
- Director appointment, VAN NESTE Diederik Bernard Leopold (statutory director)
- Other provision, “winst van het lopende boekjaar of winst van het voorgaande boekjaar zolang de jaarrekening van dat boekjaar nog niet is goedgekeurd, interimdividend” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, DAENENS Valérie Anne Jeanne (director (not named in the articles))
- Registered office clause, “9830 Sint-Martens-Latem, Zevecotestraat 17” (deed in Dutch)
- Power of attorney
- General meeting, 26-06-2024
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, EERSTE BESLISSING” (deed in Dutch)
- Other provision, “vrijstelling lezing verslag bestuursorgaan over voorwerpwijziging, verslag bestuursorgaan met omstandige verantwoording van voorgestelde wijziging aan het voorw…” (deed in Dutch)
- Purpose change
- The act holds 3 more points.
2023
26-12
micro format · 36 days before the deadline
30-06
Financial
Back to profitnet €3,303
The net result is €3,303, after one loss-making year.
30-06
Financial
Liquidity more than 91 timescurrent ratio 2.11
The current ratio rises from 0.02 to 2.11. Short-term debt falls from €1.8m to €16,378.
2022
28-12
micro format · 34 days before the deadline
30-06
Financial
Weakest financial yearnet -€4,349
The net result drops to -€4,349, the lowest from 2019 to 2025. It recovers the following year.
2021
31-12
micro format · 31 days before the deadline
2020
31-12
micro format · 31 days before the deadline
2019
30-12
micro format · 32 days before the deadline
2008
08-01
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
Company details
Register details
Identity
KBO recordName
SEDIVAN in Dutch
Enterprise number
0894.498.960
Legal form
Private limited company
Status
Active, normale toestand
Founded
27-12-2007
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-07-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
Registered office and establishments
Registered office
Zevecotestraat 17, 9830 Sint-Martens-Latem, Belgium
Establishment unit
SEDIVAN, Zevecotestraat 17, 9830 Sint-Martens-Latem since 27-12-2007 · unit number 2.169.601.17668110 Buying and selling of own real estate
Activities
NACEBEL 202582100
Office administrative and support services main activity
Codes under NACEBEL 2008
82110
Office administrative, office support and other business support activities main activity
Invoicing and payment
VAT number
BE 0894.498.960
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Het bestuursorgaan stelt de eventuele toekenningen en verloning vast voor de gedelegeerden tot het dagelijks bestuur. Hij kan hen op elk…”
deed of 02-07-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
3,419 m²
Building footprint
198 m²
Building volume
1,057 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44064B0464/00C000 | Flanders | 3,419 m² | 1 · 198 m² | 8.8 m · 2 |