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SEEB CONCEPT

Active
Private limited companyfounded 2024active for 2 yearsLaekebeeklaan 63, 1601 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 1006.603.543
Summary

The computed 12-month bankruptcy probability of SEEB CONCEPT is 3.1% (moderate). The 2024 annual accounts show equity of €4,565 and a net result of €565. Its solvency ranks better than 52% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (33 days) Filed on 2 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00470935.

Turnover
≈ €46,000
Estimated: probably between €24,000 and €84,000
Total assets
€10,318
Net result
€565
Working capital
€4,565

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €10,318
Equity €4,565
Debt €5,753
Debt finances 55.8% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.79
Debt to equity
1.26
ROE
12.4%
ROA
5.5%
Debt ≤ 1 year
€5,753
Income taxes
€149
Staff costs
€383

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€10,318
Current assets29/58€10,318
Amounts receivable within one year40/41€4,366
Trade receivables40€2,787
Other amounts receivable41€1,579
Cash at bank and in hand54/58€5,049
Deferred charges and accrued income490/1€903
Equity and liabilities
Total equity and liabilities10/49€10,318
Equity10/15€4,565
Contributions10/11€4,000
Profit (loss) carried forward14€565
Amounts payable17/49€5,753
Amounts payable within one year42/48€5,753
Trade debts44€3,579
Suppliers440/4€3,579
Taxes, remuneration and social security45€149
Taxes450/3€149
Other amounts payable47/48€2,025
Income statement Code2024
Remuneration, social security and pensions62€383
Other operating charges640/8€394
Gross operating margin9900€3,851
Operating profit (loss)9901€3,073
Financial charges65/66B€2,359
Recurring financial charges65€2,359
Profit (loss) for the period before taxes9903€714
Income taxes67/77€149
Profit (loss) for the period9904€565
Profit (loss) for the period to be appropriated9905€565
Appropriation of the result
Profit (loss) to be appropriated9906€565

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€383
Other operating charges640/8€394
Gross operating margin9900€3,851
Operating profit (loss)9901€3,073
Financial charges65/66B€2,359
Recurring financial charges65€2,359
Profit (loss) for the period before taxes9903€714
Income taxes67/77€149
Profit (loss) for the period9904€565
Profit (loss) for the period to be appropriated9905€565
Line2024
Assets
Total assets20/58€10,318
Current assets29/58€10,318
Amounts receivable within one year40/41€4,366
Trade receivables40€2,787
Other amounts receivable41€1,579
Cash at bank and in hand54/58€5,049
Deferred charges and accrued income490/1€903
Equity and liabilities
Total equity and liabilities10/49€10,318
Equity10/15€4,565
Contributions10/11€4,000
Profit (loss) carried forward14€565
Amounts payable17/49€5,753
Amounts payable within one year42/48€5,753
Trade debts44€3,579
Suppliers440/4€3,579
Taxes, remuneration and social security45€149
Taxes450/3€149
Other amounts payable47/48€2,025
Line2024
Profit (loss) for the period9904€565
Operating cash flow (approximation)€565

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 02-09-2025 2025-00470935

Similar companies · same sector, comparable size

Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,354. 6,309 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.