From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
SEDORS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €461,562 and a net result of €312,944. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 22% of 6,687 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 18 days after the deadline Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404344.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 18-08-2026
- Format
- abbreviated format
- Reference
- 2026-00404344
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 105% higher than in 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2025 Net result +141% on 2024. The previous financial year ran 18 months, this one 12.
- 2024 Net result -84% on 2023. This financial year ran 18 months, the previous one 9.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.9m | €0.1m | €0.1m | ▼ 0.4% |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.3m | €0.5m | €0.2m | ▼ 49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.09m | €0.09m | €0.002m | €0.3m | €0.2m | ▼ 33.0% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.09m | €0.02m | €0.001m | ▼ 94.5% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.008m | - | - |
| Gross operating margin9900 | €0.4m | €0.5m | €0.4m | €0.3m | €1.4m | €1.0m | €1.0m | ▼ 6.9% |
| Operating profit (loss)9901 | -€0.03m | €0.06m | €0.02m | -€0.04m | €1.1m | €0.3m | €0.5m | ▲ 105% |
| Financial income75/76B | - | - | - | €0 | - | €0.004m | €0.002m | ▼ 44.4% |
| Recurring financial income75 | €0 | €258 | €20 | €0 | - | €0.004m | €0.002m | ▼ 44.4% |
| Financial charges65/66B | - | - | - | €0.006m | €0.01m | €0.07m | €0.08m | ▲ 14.3% |
| Recurring financial charges65 | €0.01m | €0.009m | €0.008m | €0.006m | €0.01m | €0.07m | €0.08m | ▲ 14.3% |
| Profit (loss) for the period before taxes9903 | -€0.04m | €0.05m | €0.02m | -€0.05m | €1.1m | €0.2m | €0.5m | ▲ 135% |
| Income taxes67/77 | €0.001m | €0.02m | €0.005m | €0.001m | €0.3m | €0.07m | €0.2m | ▲ 125% |
| Profit (loss) for the period9904 | -€0.04m | €0.03m | €0.01m | -€0.05m | €0.8m | €0.1m | €0.3m | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | -€0.04m | €0.03m | €0.01m | -€0.05m | €0.8m | €0.1m | €0.3m | ▲ 141% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.7m | €0.6m | €0.5m | €1.5m | €2.0m | €2.3m | ▲ 17.3% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.3m | €0.2m | €0.01m | €1.6m | €1.4m | ▼ 11.8% |
| Intangible fixed assets21 | €0.5m | €0.4m | €0.3m | €0.2m | - | €1.6m | €1.4m | ▼ 11.8% |
| Tangible fixed assets22/27 | €0.05m | €0.05m | €0.01m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 14.1% |
| Land and buildings22 | - | - | - | €0.003m | €0.003m | €0.006m | €0.006m | ▼ 5.4% |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.006m | €0.006m | €0.005m | ▼ 15.6% |
| Furniture and vehicles24 | - | - | - | - | €0.001m | €0.004m | €0.003m | ▼ 26.2% |
| Financial fixed assets28 | - | €100 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €0.3m | €0.3m | €0.3m | €0.2m | €1.5m | €0.4m | €0.9m | ▲ 146% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.4m | €0.9m | ▲ 147% |
| Trade receivables40 | - | - | - | €0.001m | €0.1m | €221 | - | - |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.4m | €0.9m | ▲ 147% |
| Cash at bank and in hand54/58 | €0.04m | €0.04m | €0.02m | €0.03m | €1.1m | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.03m | €0.006m | €0.01m | ▲ 60.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.7m | €0.6m | €0.5m | €1.5m | €2.0m | €2.3m | ▲ 17.3% |
| Equity10/15 | -€0.03m | €0.002m | €0.01m | -€0.04m | €0.02m | €0.1m | €0.5m | ▲ 211% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | - | - | - | - | - | €0.1m | €0.4m | ▲ 241% |
| Distributable reserves133 | - | - | - | - | - | €0.1m | €0.4m | ▲ 241% |
| Profit (loss) carried forward14 | -€0.05m | -€0.02m | -€0.007m | -€0.06m | - | - | - | - |
| Amounts payable17/49 | €0.8m | €0.7m | €0.6m | €0.5m | €1.5m | €1.8m | €1.8m | ▲ 1.4% |
| Amounts payable after more than one year17 | €0.08m | €0.02m | - | - | - | €1.2m | €1.0m | ▼ 17.3% |
| Financial debts170/4 | - | - | - | - | - | €1.2m | €1.0m | ▼ 17.3% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.4m | €0.4m | €1.5m | €0.4m | €0.3m | ▼ 36.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.1m | €0.2m | ▲ 43.1% |
| Financial debts43 | - | - | - | €0.4m | €0.5m | €0.3m | €0.01m | ▼ 96.2% |
| Credit institutions430/8 | - | - | - | €0.4m | €0.5m | €0.3m | €0.01m | ▼ 96.2% |
| Trade debts44 | €0.02m | €0.03m | €0.006m | €0.005m | €0.2m | €0.007m | €0.02m | ▲ 109% |
| Suppliers440/4 | - | - | - | €0.005m | €0.2m | €0.007m | €0.02m | ▲ 109% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.08m | €0.04m | €0.08m | ▲ 70.5% |
| Taxes450/3 | - | - | - | €0.001m | €0.04m | €0.01m | €0.03m | ▲ 197% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.04m | €0.03m | €0.04m | ▲ 25.1% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.8m | €0.002m | €0.002m | ▲ 1.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.06m | - | €0.1m | €0.5m | ▲ 321% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.04m | €0.03m | €0.01m | -€0.05m | €0.8m | €0.1m | €0.3m | ▲ 141% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.09m | €0.09m | €0.002m | €0.3m | €0.2m | ▼ 33.0% |
| Operating cash flow (approximation) | €0.07m | €0.1m | €0.1m | €0.04m | €0.8m | €0.4m | €0.5m | ▲ 22.1% |
| Investment in fixed assets (approximation) | - | -€0.03m | €0.04m | €0 | €0.2m | -€1.9m | €0 | - |
| Change in cash | - | -€0.003m | -€0.02m | €0.009m | €1.1m | - | - | - |
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 (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-08-2026 | 2026-00404344 | NBB |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00243478 | |
| 30-06-2023 | abbreviated format | 30-01-2024 | 2024-00011179 | |
| 30-09-2022 | abbreviated format | 30-03-2023 | 2023-00048584 | |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09600002 | |
| 30-09-2020 | abbreviated format | 08-04-2021 | 2021-09900596 | |
| 30-09-2019 | abbreviated format | 29-04-2020 | 2020-10300357 | |
| 30-09-2018 | abbreviated format | 15-04-2019 | 2019-10000356 | |
| 30-09-2017 | abbreviated format | 29-03-2018 | 2018-08500333 |
Comparable companies
These companies have the same main activity as SEDORS: other financial services (NACE 64999). They are comparable in size and age: total assets between €1.2m and €2.8m, founded between 2009 and 2017.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| SEDORS Zedelgem | 2016 | €2.3m | €0.5m | €1.0m | €0.3m | 3.6 | 2025 |
| LO - FINANCE Lochristi | 2016 | €1.8m | €0.1m | €1.1m | €0.2m | 6.1 | 2025 |
| PIETERJAN LONGUEVILLE Knokke-Heist | 2017 | €2.1m | €0.4m | €0.6m | -€0.06m | 1.9 | 2025 |
| HIVE Finances Seneffe | 2011 | €1.5m | €1.2m | €1.1m | €0.3m | 5 | 2025 |
| Belmoney Elsene | 2013 | €2.8m | €1.1m | €0.5m | €0.03m | 2.2 | 2025 |
| ELS DE CRAIM Liedekerke | 2017 | €1.2m | €0.4m | €0.7m | €0.07m | 6.2 | 2024 |
| CONESSENCE Gent | 2009 | €1.7m | €0.07m | €0.5m | -€0.01m | 4.6 | 2025 |
They were chosen from the 492 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €2,875 awarded · €2,875 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €719 | €719 |
| 2024 | 1 | €467 | €467 |
| 2023 | 1 | €850 | €850 |
| 2022 | 1 | €839 | €839 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.