SEELA
ActiveSummary
SEELA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79,561 and a net result of €11,662. Equity remains stable across the filed fiscal years (±1.9% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-24
Solvency92▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 5.07 against 4.17 in 2023; short-term debt: 10.4% and cash: 24.1% of total assets), and 33% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
67%
Return on assets
9.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
44 d early
2024
42 d early
2023
21 d early
2022
41 d early
2021
45 d early
2020
33 d early
2019
8 d early
← 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 33 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€79,561▲ 17.2%
2023 · €67,899
Total assets
€118,746▲ 20.6%
2023 · €98,435
Net result
€11,662▼ 83.4%
2023 · €70,091
Working capital
€50,105▲ 23.2%
2023 · €40,675
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€52,664▼ 9.6%€73,781▲ 40.1%€53,771▼ 27.1%€68,254▲ 26.9%€24,952▼ 63.4%
Net result€39,590within the sector's middle half▼ 7.7%€56,343within the sector's middle half▲ 42.3%€40,365within the sector's middle half▼ 28.4%€70,091above the sector's middle half▲ 73.6%€11,662within the sector's middle half▼ 83.4%
Equity€101,101within the sector's middle half▲ 64.4%€157,444within the sector's middle half▲ 55.7%€97,808within the sector's middle half▼ 37.9%€67,899within the sector's middle half▼ 30.6%€79,561within the sector's middle half▲ 17.2%
Total assets€178,965within the sector's middle half▲ 113%€236,766within the sector's middle half▲ 32.3%€152,338within the sector's middle half▼ 35.7%€98,435within the sector's middle half▼ 35.4%€118,746within the sector's middle half▲ 20.6%
Debt€77,863▲ 244%€79,323▲ 1.9%€54,530▼ 31.3%€30,536▼ 44.0%€39,186▲ 28.3%
Working capital€65,754within the sector's middle half▲ 45.8%€122,214within the sector's middle half▲ 85.9%€62,357within the sector's middle half▼ 49.0%€40,675within the sector's middle half▼ 34.8%€50,105within the sector's middle half▲ 23.2%
Solvency56.5%within the sector's middle half▼ 16.6pp66.5%within the sector's middle half▲ 10.0pp64.2%within the sector's middle half▼ 2.3pp69.0%within the sector's middle half▲ 4.8pp67.0%within the sector's middle half▼ 2.0pp
Current ratio2.46within the sector's middle half▼ 1.183.19within the sector's middle half▲ 0.732.50within the sector's middle half▼ 0.694.17within the sector's middle half▲ 1.675.07above the sector's middle half▲ 0.90
Return on assets (ROA)22.1%within the sector's middle half▼ 28.9pp23.8%within the sector's middle half▲ 1.7pp26.5%within the sector's middle half▲ 2.7pp71.2%above the sector's middle half▲ 44.7pp9.8%within the sector's middle half▼ 61.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118,746
Fixed assets
€56,341 ▲ 25.4%
Current assets
€62,405 ▲ 16.7%
Equity and liabilities €118,746
Equity
€79,561 ▲ 17.2%
Debt
€39,186 ▲ 28.3%
Debt's share of the balance-sheet total rises from 31.0% to 33.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37,873▼
2023 · €75,381
Cash flow
€24,583▼
2023 · €77,217
Debt to equity
0.49▲
2023 · 0.45
ROE
14.7%▼
2023 · 103.2%
Interest coverage
5.43▼
2023 · 57.65
Debt ≤ 1 year
€12,299▼
2023 · €12,818
Debt > 1 year
€26,521▲
2023 · €17,298
Income taxes
€6,545▼
2023 · €16,886
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 26,975 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,334 | €12,721 | €13,068 | €7,126 | €12,921 | ▲ 81.3% |
| Other operating charges640/8 | - | €1,902 | €2,066 | €1,731 | €3,969 | ▲ 129% |
| Non-recurring operating charges66A | - | - | - | €1,249 | - | - |
| Gross operating margin9900 | €64,537 | €88,404 | €68,904 | €78,361 | €41,842 | ▼ 46.6% |
| Operating profit (loss)9901 | €52,664 | €73,781 | €53,771 | €68,254 | €24,952 | ▼ 63.4% |
| Financial income75/76B | - | €169 | €244 | €20,030 | €228 | ▼ 98.9% |
| Recurring financial income75 | - | €169 | €244 | €30 | €228 | ▲ 659% |
| Non-recurring financial income76B | - | - | - | €20,000 | - | - |
| Financial charges65/66B | - | €814 | €591 | €1,308 | €6,973 | ▲ 433% |
| Recurring financial charges65 | €995 | €814 | €591 | €1,308 | €6,973 | ▲ 433% |
| Profit (loss) for the period before taxes9903 | €51,668 | €73,136 | €53,424 | €86,977 | €18,207 | ▼ 79.1% |
| Income taxes67/77 | €12,078 | €16,793 | €13,059 | €16,886 | €6,545 | ▼ 61.2% |
| Profit (loss) for the period9904 | €39,590 | €56,343 | €40,365 | €70,091 | €11,662 | ▼ 83.4% |
| Profit (loss) for the period to be appropriated9905 | €39,590 | €56,343 | €40,365 | €70,091 | €11,662 | ▼ 83.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €178,965 | €236,766 | €152,338 | €98,435 | €118,746 | ▲ 20.6% |
| Fixed assets21/28 | €68,081 | €58,722 | €48,436 | €44,942 | €56,341 | ▲ 25.4% |
| Tangible fixed assets22/27 | €47,481 | €38,122 | €27,836 | €44,342 | €55,741 | ▲ 25.7% |
| Plant, machinery and equipment23 | - | - | - | €347 | €266 | ▼ 23.4% |
| Furniture and vehicles24 | - | €4,639 | €3,838 | €34,867 | €47,425 | ▲ 36.0% |
| Leasing and similar rights25 | - | €32,873 | €23,568 | - | - | - |
| Other tangible fixed assets26 | - | €609 | €430 | €9,127 | €8,050 | ▼ 11.8% |
| Financial fixed assets28 | €20,600 | €20,600 | €20,600 | €600 | €600 | = |
| Current assets29/58 | €110,883 | €178,044 | €103,902 | €53,493 | €62,405 | ▲ 16.7% |
| Amounts receivable within one year40/41 | €20,570 | €55,631 | €14,582 | €36,830 | €20,770 | ▼ 43.6% |
| Trade receivables40 | - | €48,400 | €14,520 | €28,926 | €13,461 | ▼ 53.5% |
| Other amounts receivable41 | - | €7,231 | €62 | €7,904 | €7,309 | ▼ 7.5% |
| Cash at bank and in hand54/58 | €89,012 | €120,943 | €87,688 | €8,583 | €28,597 | ▲ 233% |
| Deferred charges and accrued income490/1 | - | €1,470 | €1,632 | €8,080 | €13,038 | ▲ 61.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €178,965 | €236,766 | €152,338 | €98,435 | €118,746 | ▲ 20.6% |
| Equity10/15 | €101,101 | €157,444 | €97,808 | €67,899 | €79,561 | ▲ 17.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €82,501 | €138,844 | €79,208 | €49,299 | €60,961 | ▲ 23.7% |
| Distributable reserves133 | - | €138,844 | €79,208 | €49,299 | €60,961 | ▲ 23.7% |
| Amounts payable17/49 | €77,863 | €79,323 | €54,530 | €30,536 | €39,186 | ▲ 28.3% |
| Amounts payable after more than one year17 | €32,480 | €22,642 | €12,630 | €17,298 | €26,521 | ▲ 53.3% |
| Financial debts170/4 | - | €22,642 | €12,630 | €17,298 | €26,521 | ▲ 53.3% |
| Amounts payable within one year42/48 | €45,129 | €55,831 | €41,545 | €12,818 | €12,299 | ▼ 4.0% |
| Current portion of amounts payable after more than one year42 | - | €9,838 | €10,012 | €4,447 | €8,420 | ▲ 89.3% |
| Trade debts44 | €558 | €1,559 | €639 | €4,139 | €583 | ▼ 85.9% |
| Suppliers440/4 | - | €1,559 | €639 | €4,139 | €583 | ▼ 85.9% |
| Taxes, remuneration and social security45 | - | €44,434 | €30,510 | €4,232 | €3,296 | ▼ 22.1% |
| Taxes450/3 | - | €41,727 | €27,878 | €1,059 | - | - |
| Remuneration and social security454/9 | - | €2,707 | €2,631 | €3,173 | €3,296 | ▲ 3.9% |
| Other amounts payable47/48 | - | - | €384 | - | - | - |
| Accrued charges and deferred income492/3 | - | €850 | €355 | €420 | €365 | ▼ 13.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,590 | €56,343 | €40,365 | €70,091 | €11,662 | ▼ 83.4% |
| + Depreciation and write-downs630 | €10,334 | €12,721 | €13,068 | €7,126 | €12,921 | ▲ 81.3% |
| Operating cash flow (approximation) | €49,924 | €69,064 | €53,432 | €77,217 | €24,583 | ▼ 68.2% |
| Investment in fixed assets (approximation) | - | -€3,362 | -€2,782 | -€3,632 | -€24,321 | ▼ 570% |
| Change in cash | - | €31,932 | -€33,255 | -€79,105 | €20,014 | ▲ 125% |
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
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11,662 ▼83.4%
Net result drops to €11,662, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €70,091 ▲73.6%
Net result €70,091, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150,000Eq €157,444 ▲55.7%
3 profitable years in a row build equity to €157,444.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €101,101 ▲64.4%
2 profitable years in a row build equity to €101,101.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2018
Ground area
1,577 m²
Building footprint
126 m²
Volume, LiDAR
433 m³
Parcel 11820C0361/00B003, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SEELA
since 20182.280.375.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11820C0361/00B003 | Flanders | 1,577 m² | 1 · 126 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
10%
According to the 2022 annual accounts of SEELA and those 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.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,098 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707697350
Also
9925:BE0707697350
Registered
26-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.