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SEED FACTORY

Active
Public limited companyfounded 1997active for 28 yearsVrijwilligerslaan 19, 1160 Oudergem, BelgiumKBO/BCE: BE 0462.033.269
Summary

The computed 12-month bankruptcy probability of SEED FACTORY is 1.6% (moderate). The 2024 annual accounts show negative equity (-€544,052) and a net result of -€86,643. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 5% of 4,628 sector peers (NACE 70, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
1 site
Size
€532,106total assets 2024
Staff
1 FTE
Equity
-€544,052
Loss
-€86,643
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Largest shareholder
GYAC · 31.33%
Accounts 70 days overdue0 of 2 deeds read
Why 54raises riskCapped at 59: negative equityLoss of €86,643, the second in a row (financial year 2024)Negative equity -€544,052lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2024 (filed 26-09-2025)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 70, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -102.2% of total assets
Liquidity 65-4
short-term debt 8.9% · cash 12.3%
Profitability 5-19
return on assets -16.3%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,298 companies, NACE 70, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025lowest value 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.1 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 2.4%▲ +1.4 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025highest value 02-2026: 2.4%● unchanged vs 01-2026highest value 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.3%▼ -0.1 percentage points vs 04-2026 06-2026: 2.2%▼ -0.1 percentage points vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%● unchanged vs 07-2026 09-2026: 2.1%▼ -0.2 percentage points vs 08-2026 10-2026: 1.6%▼ -0.5 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 3.5, compared with 3.17 in 2023; short-term debt: 8.9% and cash: 12.3% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 3% on solvency, 57% on liquidity, 9% on profitability and 23% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Loss of €86,643, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Figures for financial year 2024 (filed 26-09-2025)
NBB · annual accounts
raises risk · Negative equity -€544,052
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€544,052
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
57 days late
2023
63 days late
2022
65 days late
2021
78 days late
2020
81 days late
2019
102 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 74 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€544,052 View
  • Risk: 7 loss-making years in a rowloss financial year 2024 -€86,643 View
  • Caution: Among the weakest 5% on solvencysector median 48.8% · 4,628 companies -102.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Known shareholderslargest: GYAC 31.33% 99.99% View

By topic

Financials

Financial year
2024
Total assets
€532,106
Loss
-€86,643
Solvency
-102.2%
Go to Financials

Timeline

Events
28
Since
1999
  1. 17-10-2022Annual accounts filed
  2. 20-10-2021Annual accounts filed
  3. 10-11-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
04-12-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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