Seeben
ActiveSummary
Seeben has been active since 1961 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €170,725. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-27
Solvency67▼-2
Growth74▼-5
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.78 in 2024; short-term debt: 56% and cash: 2.5% of total assets), but 57.7% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.3%
Return on assets
1.7%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
27 d late
2023
28 d late
2022
22 d late
2021
2 d late
2020
31 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema
In the rankings
#2 oldest company in Herve, Wholesale and retail trade sector#9 company by total assets in Herve, Wholesale and retail trade sector#10 company by equity in Herve, Wholesale and retail trade sector
Turnover
€6.8m▼ 13.4%
2024 · €7.9m
EBIT margin
3.5%▼ 5.0pp
2024 · 8.5%
Net result
€170,725▼ 47.7%
2024 · €326,708
Working capital
€4.1m▲ 1.9%
2024 · €4.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€4.1m▼ 13.0%€4.4m▲ 7.9%€6.6m▲ 49.2%€7.9m▲ 19.1%€6.8m▼ 13.4%
Operating result€372,350▼ 54.8%€126,224▼ 66.1%€966,055▲ 665%€668,976▼ 30.8%€236,093▼ 64.7%
Net result€373,584▼ 52.6%€210,895▼ 43.5%€691,610▲ 228%€326,708▼ 52.8%€170,725▼ 47.7%
EBIT margin9.1%▼ 8.4pp2.8%▼ 6.2pp14.6%▲ 11.7pp8.5%▼ 6.1pp3.5%▼ 5.0pp
Equity€2.9m▲ 15.1%€3.1m▲ 7.4%€3.8m▲ 22.6%€4.1m▲ 8.7%€4.3m▲ 4.2%
Total assets€3.6m▼ 3.9%€4.7m▲ 30.6%€5.7m▲ 20.8%€9.4m▲ 65.4%€10.1m▲ 7.5%
Debt€732,248▼ 41.5%€1.6m▲ 121%€1.9m▲ 17.6%€5.3m▲ 177%€5.8m▲ 10.1%
Working capital€2.6m▲ 13.5%€3.0m▲ 13.6%€3.7m▲ 24.5%€4.0m▲ 8.0%€4.1m▲ 1.9%
Staff (FTE)7.6▼ 11.6%7.4▼ 2.6%6.6▼ 10.8%8.9▲ 34.8%8.9=
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.1m
Fixed assets
€358,632 ▲ 25.3%
Current assets
€9.7m ▲ 6.9%
Equity and liabilities €10.1m
Equity
€4.3m ▲ 4.2%
Debt
€5.8m ▲ 10.1%
Debt's share of the balance-sheet total rises from 56.4% to 57.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€340,001▼
2024 · €776,072
Cash flow
€274,633▼
2024 · €433,804
Current ratio
1.72▼
2024 · 1.78
Quick ratio
0.50▼
2024 · 0.54
Debt to equity
1.37▲
2024 · 1.29
ROE
4.0%▼
2024 · 8.0%
ROA
1.7%▼
2024 · 3.5%
Interest coverage
2.12▼
2024 · 5.47
Debt ≤ 1 year
€5.6m▲
2024 · €5.1m
Debt > 1 year
€147,051▼
2024 · €160,367
Income taxes
-€47,746▼
2024 · €249,895
Staff costs
€622,653▲
2024 · €563,698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 16,986 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €4.2m | €4.5m | €6.7m | €8.2m | €7.0m | ▼ 14.5% |
| Turnover70 | €4.1m | €4.4m | €6.6m | €7.9m | €6.8m | ▼ 13.4% |
| Other operating income74 | €39,883 | €39,002 | €105,645 | €331,065 | €201,422 | ▼ 39.2% |
| Operating charges60/66A | €3.8m | €4.3m | €5.8m | €7.5m | €6.8m | ▼ 10.0% |
| Goods for resale, raw materials and consumables60 | €2.9m | €3.3m | €4.5m | €5.0m | €4.1m | ▼ 18.3% |
| Purchases600/8 | €2.7m | €4.3m | €5.2m | €8.6m | €5.1m | ▼ 40.5% |
| Change in stocks: decrease (increase)609 | €203,874 | -€1.0m | -€755,530 | -€3.6m | -€1.0m | ▲ 71.7% |
| Services and other goods61 | €412,258 | €480,424 | €743,331 | €1.3m | €1.2m | ▼ 7.9% |
| Remuneration, social security and pensions62 | €274,183 | €505,521 | €364,581 | €563,698 | €622,653 | ▲ 10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,151 | €58,884 | €59,947 | €107,096 | €103,908 | ▼ 3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€30,964 | €16,939 | €78,879 | €485,486 | €495,673 | ▲ 2.1% |
| Other operating charges640/8 | €139,644 | €31,832 | €53,588 | €27,107 | €128,029 | ▲ 372% |
| Non-recurring operating charges66A | - | €983 | €1,000 | €3,562 | €103,397 | ▲ 2,803% |
| Operating profit (loss)9901 | €372,350 | €126,224 | €966,055 | €668,976 | €236,093 | ▼ 64.7% |
| Financial income75/76B | €19,895 | €107,384 | €19,314 | €64,716 | €93,608 | ▲ 44.6% |
| Recurring financial income75 | €19,895 | €107,384 | €19,314 | €62,216 | €93,608 | ▲ 50.5% |
| Income from current assets751 | - | - | €6,163 | €21,397 | €76,020 | ▲ 255% |
| Other financial income752/9 | €19,895 | €107,384 | €13,151 | €40,819 | €17,589 | ▼ 56.9% |
| Non-recurring financial income76B | - | - | - | €2,500 | - | - |
| Financial charges65/66B | €18,661 | €22,482 | €106,654 | €157,088 | €206,723 | ▲ 31.6% |
| Recurring financial charges65 | €18,661 | €22,482 | €106,654 | €157,088 | €206,723 | ▲ 31.6% |
| Debt charges650 | €14,551 | €19,656 | €38,750 | €141,941 | €160,420 | ▲ 13.0% |
| Other financial charges652/9 | €4,110 | €2,826 | €67,904 | €15,147 | €46,303 | ▲ 206% |
| Profit (loss) for the period before taxes9903 | €373,584 | €211,126 | €878,715 | €576,603 | €122,979 | ▼ 78.7% |
| Income taxes67/77 | - | €231 | €187,104 | €249,895 | -€47,746 | ▼ 119% |
| Taxes670/3 | - | €231 | €187,104 | €249,896 | €100,000 | ▼ 60.0% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0 | €147,746 | ▲ 49,248,637% |
| Profit (loss) for the period9904 | €373,584 | €210,895 | €691,610 | €326,708 | €170,725 | ▼ 47.7% |
| Profit (loss) for the period to be appropriated9905 | €373,584 | €210,895 | €691,610 | €326,708 | €170,725 | ▼ 47.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €4.7m | €5.7m | €9.4m | €10.1m | ▲ 7.5% |
| Fixed assets21/28 | €249,014 | €236,977 | €210,729 | €286,239 | €358,632 | ▲ 25.3% |
| Intangible fixed assets21 | €47,842 | €72,849 | €47,747 | €27,220 | €16,419 | ▼ 39.7% |
| Tangible fixed assets22/27 | €151,172 | €114,128 | €112,983 | €193,019 | €292,213 | ▲ 51.4% |
| Plant, machinery and equipment23 | €142,268 | €109,002 | €105,179 | €93,880 | €74,470 | ▼ 20.7% |
| Furniture and vehicles24 | €8,903 | €5,126 | €7,803 | €54,472 | €131,059 | ▲ 141% |
| Other tangible fixed assets26 | - | - | - | €44,667 | €86,684 | ▲ 94.1% |
| Financial fixed assets28 | €50,000 | €50,000 | €50,000 | €66,000 | €50,000 | ▼ 24.2% |
| Other financial fixed assets284/8 | €50,000 | €50,000 | €50,000 | €66,000 | €50,000 | ▼ 24.2% |
| Amounts receivable and cash guarantees285/8 | €50,000 | €50,000 | €50,000 | €66,000 | €50,000 | ▼ 24.2% |
| Current assets29/58 | €3.3m | €4.4m | €5.4m | €9.1m | €9.7m | ▲ 6.9% |
| Amounts receivable after more than one year29 | - | - | €297,749 | €688,763 | €398,591 | ▼ 42.1% |
| Trade receivables290 | - | - | €297,749 | €688,763 | €398,591 | ▼ 42.1% |
| Stocks and contracts in progress3 | €1.5m | €2.5m | €3.2m | €6.3m | €6.9m | ▲ 8.6% |
| Stocks30/36 | €1.5m | €2.5m | €3.2m | €6.3m | €6.9m | ▲ 8.6% |
| Goods purchased for resale34 | €1.5m | €2.5m | €3.2m | €6.3m | €6.9m | ▲ 8.6% |
| Amounts receivable within one year40/41 | €1.3m | €1.2m | €1.8m | €1.8m | €2.1m | ▲ 17.9% |
| Trade receivables40 | €1.3m | €1.2m | €1.6m | €1.5m | €1.7m | ▲ 14.9% |
| Other amounts receivable41 | €40,546 | €10,489 | €112,504 | €303,556 | €402,899 | ▲ 32.7% |
| Cash at bank and in hand54/58 | €494,164 | €372,866 | €142,724 | €127,429 | €249,711 | ▲ 96.0% |
| Deferred charges and accrued income490/1 | - | €291,501 | €4,224 | €121,117 | €53,539 | ▼ 55.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €4.7m | €5.7m | €9.4m | €10.1m | ▲ 7.5% |
| Equity10/15 | €2.9m | €3.1m | €3.8m | €4.1m | €4.3m | ▲ 4.2% |
| Contributions10/11 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Capital10 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Issued capital100 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Reserves13 | €348,679 | €359,224 | €393,804 | €410,140 | €418,676 | ▲ 2.1% |
| Non-distributable reserves130/1 | €148,679 | €159,224 | €193,804 | €210,140 | €218,676 | ▲ 4.1% |
| Legal reserve130 | €148,679 | €159,224 | €193,804 | €210,140 | €218,676 | ▲ 4.1% |
| Distributable reserves133 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Profit (loss) carried forward14 | €205,050 | €405,401 | €1.1m | €1.4m | €1.5m | ▲ 11.8% |
| Amounts payable17/49 | €732,248 | €1.6m | €1.9m | €5.3m | €5.8m | ▲ 10.1% |
| Amounts payable after more than one year17 | - | €133,893 | €134,353 | €160,367 | €147,051 | ▼ 8.3% |
| Financial debts170/4 | - | €113,932 | €101,177 | €88,145 | €74,828 | ▼ 15.1% |
| Credit institutions173 | - | €113,932 | €101,177 | €88,145 | €74,828 | ▼ 15.1% |
| Other amounts payable178/9 | - | €19,962 | €33,176 | €72,223 | €72,223 | = |
| Amounts payable within one year42/48 | €726,027 | €1.5m | €1.8m | €5.1m | €5.6m | ▲ 10.9% |
| Current portion of amounts payable after more than one year42 | - | €12,482 | €12,754 | €13,032 | €13,317 | ▲ 2.2% |
| Financial debts43 | €200,000 | - | €800,000 | €3.6m | €4.1m | ▲ 15.0% |
| Credit institutions430/8 | €200,000 | - | - | - | - | - |
| Other loans439 | - | - | €800,000 | €3.6m | €4.1m | ▲ 15.0% |
| Trade debts44 | €181,463 | €307,443 | €233,933 | €646,737 | €863,899 | ▲ 33.6% |
| Suppliers440/4 | €181,463 | €307,443 | €233,933 | €646,737 | €863,899 | ▲ 33.6% |
| Advances received on contracts in progress46 | - | - | €8,414 | €182,207 | - | - |
| Taxes, remuneration and social security45 | €34,100 | €39,674 | €165,315 | €96,918 | €62,808 | ▼ 35.2% |
| Taxes450/3 | - | - | €126,331 | €49,661 | - | - |
| Remuneration and social security454/9 | €34,100 | €39,674 | €38,984 | €47,257 | €62,808 | ▲ 32.9% |
| Other amounts payable47/48 | €310,464 | €1.1m | €536,869 | €547,696 | €558,650 | ▲ 2.0% |
| Accrued charges and deferred income492/3 | €6,221 | €3,863 | €11,557 | €29,445 | €22,123 | ▼ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €373,584 | €210,895 | €691,610 | €326,708 | €170,725 | ▼ 47.7% |
| + Depreciation and write-downs630 | €53,151 | €58,884 | €59,947 | €107,096 | €103,908 | ▼ 3.0% |
| Operating cash flow (approximation) | €426,734 | €269,779 | €751,557 | €433,804 | €274,633 | ▼ 36.7% |
| Investment in fixed assets (approximation) | - | -€46,847 | -€33,699 | -€182,606 | -€176,300 | ▲ 3.5% |
| Change in cash | - | -€121,298 | -€230,142 | -€15,295 | €122,283 | ▲ 899% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 10 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €787,697 ▲124%
Net result €787,697, the highest in the series.
31-12
Financial
Equity above €2mEq €2.5m ▲46.5%
3 profitable years in a row build equity to €2.5m.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herve · 3 establishment units since 1984
Ground area
1.5 ha
Building footprint
9,445 m²
Volume, LiDAR
67,379 m³
3 parcels, Wallonia · tallest building 20.0 m, ±4 floors. Linked by address, not a title deed.
37
companies at this address
See who is registered here
3 establishment units
Avenue du Parc 22, 4650 Herve
since 19842.025.003.078
SPACE LIEGE
since 20242.358.497.491
S'PACE MONS
since 20252.377.543.937
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0644/00C000 | Wallonia | 1.4 ha | 1 · 8,952 m² | 15.7 m · 2 fl. |
| 62803A1267/00R000indicative | Wallonia | 1,056 m² | 1 · 433 m² | 20.0 m · 3 fl. |
| 53053H0118/00A000 ProtectedMonument |
Wallonia | 522 m² | 1 · 59 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 ownerChain of control
- INFISO
- Seeben
Highest known parent: INFISO. The sources do not say who stands above it.
Owners 1
- INFISOparentSourceaccounts INFISO 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600XYD20UYHWBNZ36
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Of 2,503 companies in sector 46649 we hold annual accounts for 1,756. 983 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-03-1961
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
33190Repair, maintenance and installation of machinery and equipment
77391Rental and leasing activities
93293Sports, amusement and recreation activities
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404661828
Also
9925:BE0404661828
Registered
23-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.