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SEEBOATIC

Active
Private limited companyfounded 2024active for 1 yearRue de la Croix-Rouge(PEC) 18, 7740 Pecq, BelgiumKBO/BCE: BE 1017.543.460

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 19-05-2026 at the NBB

Turnover
≈ €170,000
Estimated: probably between €130,000 and €240,000
Total assets
€134,495
Net result
€44,783
Working capital
€20,922

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

Balance-sheet composition
Assets €134,495
Fixed assets €68,693
Current assets €65,802
Equity and liabilities €134,495
Equity €45,950
Debt €88,545
Debt's share of the balance-sheet total is 65.8%.
Key figures and ratios
2025 value
EBITDA
€81,759
Cash flow
€61,713
Current ratio
1.47
Debt to equity
1.93
ROE
97.5%
ROA
33.3%
Interest coverage
38.21
Debt ≤ 1 year
€44,880
Debt > 1 year
€43,222
Income taxes
€17,906

Comparable companies

These companies have the same main activity as SEEBOATIC: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €121,000 and €136,000, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
SEEBOATIC Pecq2024€134,495€45,950€81,921€44,7832025
2BEARS Sint-Genesius-Rode2024€126,688€87,139€86,080€68,2832025
F&S Sint-Martens-Latem2025€135,951€68,394€89,560€65,9942025
QWALIDRAAT Halle2024€134,039€65,374€90,334€61,3742025
SIMMAC Erpe-Mere2024€127,128€44,273€72,306€41,7732025
KallTech Modave2024€120,910€500€91,428€62,5332025
ALCGL Genk2025€123,376€72,712€89,143€69,7122025

They were chosen from the 6,768 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as SEEBOATIC has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of SEEBOATIC itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for SEEBOATIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines

Source: Annual accounts 2025 at the NBB, filed on 19-05-2026.

Balance sheet Code2025
Assets
Total assets20/58€134,495
Fixed assets21/28€68,693
Tangible fixed assets22/27€68,693
Plant, machinery and equipment23€3,231
Furniture and vehicles24€65,462
Current assets29/58€65,802
Amounts receivable within one year40/41€15,925
Trade receivables40€15,925
Current investments50/53€2,500
Cash at bank and in hand54/58€46,977
Deferred charges and accrued income490/1€400
Equity and liabilities
Total equity and liabilities10/49€134,495
Equity10/15€45,950
Contributions10/11€2,000
Reserves13€43,950
Distributable reserves133€43,950
Amounts payable17/49€88,545
Amounts payable after more than one year17€43,222
Financial debts170/4€43,222
Amounts payable within one year42/48€44,880
Current portion of amounts payable after more than one year42€13,119
Trade debts44€40
Suppliers440/4€40
Taxes, remuneration and social security45€29,881
Taxes450/3€29,881
Other amounts payable47/48€1,840
Accrued charges and deferred income492/3€443
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,931
Other operating charges640/8€162
Gross operating margin9900€81,921
Operating profit (loss)9901€64,828
Financial charges65/66B€2,140
Recurring financial charges65€2,140
Profit (loss) for the period before taxes9903€62,688
Income taxes67/77€17,906
Profit (loss) for the period9904€44,783
Profit (loss) for the period to be appropriated9905€44,783
Appropriation of the result
Profit (loss) to be appropriated9906€44,783
Transfer to equity691/2€43,950
To other reserves6921€43,950
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,931
Other operating charges640/8€162
Gross operating margin9900€81,921
Operating profit (loss)9901€64,828
Financial charges65/66B€2,140
Recurring financial charges65€2,140
Profit (loss) for the period before taxes9903€62,688
Income taxes67/77€17,906
Profit (loss) for the period9904€44,783
Profit (loss) for the period to be appropriated9905€44,783
Line2025
Assets
Total assets20/58€134,495
Fixed assets21/28€68,693
Tangible fixed assets22/27€68,693
Plant, machinery and equipment23€3,231
Furniture and vehicles24€65,462
Current assets29/58€65,802
Amounts receivable within one year40/41€15,925
Trade receivables40€15,925
Current investments50/53€2,500
Cash at bank and in hand54/58€46,977
Deferred charges and accrued income490/1€400
Equity and liabilities
Total equity and liabilities10/49€134,495
Equity10/15€45,950
Contributions10/11€2,000
Reserves13€43,950
Distributable reserves133€43,950
Amounts payable17/49€88,545
Amounts payable after more than one year17€43,222
Financial debts170/4€43,222
Amounts payable within one year42/48€44,880
Current portion of amounts payable after more than one year42€13,119
Trade debts44€40
Suppliers440/4€40
Taxes, remuneration and social security45€29,881
Taxes450/3€29,881
Other amounts payable47/48€1,840
Accrued charges and deferred income492/3€443
Line2025
Profit (loss) for the period9904€44,783
+ Depreciation and write-downs630€16,931
Operating cash flow (approximation)€61,713

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-05-2026 2026-00114208 NBB

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