SEEN-APPS
ActiveSummary
SEEN-APPS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-26
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.41 against 4.84 in 2024; short-term debt: 15.8% and cash: 36.4% of total assets), and 15.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
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
84.2%
Return on assets
4.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €270k
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
on the day
2023
34 d early
2022
32 d early
2021
40 d late
2020
139 d late
2019
40 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€270k▲ 5.2%
2024 · €257k
2018: €131k
2019: €123k▼ -6.3% vs 2018
2020: €137k▲ +11.2% vs 2019
2021: €95k▼ -31.0% vs 2020
2022: €83k▼ -12.4% vs 2021lowest in 8 years
2023: €88k▲ +6.6% vs 2022
2024: €257k▲ +191% vs 2023
2025: €270k▲ +5.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€321k▲ 1.5%
2024 · €316k
2018: €136k
2019: €131k▼ -3.4% vs 2018
2020: €149k▲ +13.7% vs 2019
2021: €131k▼ -11.8% vs 2020
2022: €101k▼ -23.1% vs 2021lowest in 8 years
2023: €130k▲ +28.6% vs 2022
2024: €316k▲ +144% vs 2023
2025: €321k▲ +1.5% vs 2024highest in 8 years
2018 → 2025
Net result
€13k▼ 92.0%
2024 · €169k
2018: €-40k
2019: €-28k▲ +31.1% vs 2018
2020: €-17k▲ +38.7% vs 2019
2021: €-49k▼ -188% vs 2020lowest in 8 years
2022: €-5k▲ +89.1% vs 2021
2023: €5k▲ +203% vs 2022
2024: €169k▲ +2972% vs 2023highest in 8 years
2025: €13k▼ -92.0% vs 2024
2018 → 2025
Working capital
€173k▼ 24.2%
2024 · €228k
2018: €19klowest in 8 years
2019: €27k▲ +46.0% vs 2018
2020: €64k▲ +134% vs 2019
2021: €41k▼ -36.4% vs 2020
2022: €55k▲ +35.1% vs 2021
2023: €61k▲ +10.3% vs 2022
2024: €228k▲ +275% vs 2023highest in 8 years
2025: €173k▼ -24.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€83k▼ 12.4%€88k▲ 6.6%€257k▲ 191%€270k▲ 5.2%
2021: €95k
2022: €83k▼ -12.4% vs 2021lowest in 5 years
2023: €88k▲ +6.6% vs 2022
2024: €257k▲ +191% vs 2023
2025: €270k▲ +5.2% vs 2024highest in 5 years
Operating result€-49k-€-12k▲ 76.2%€6k€169k▲ 2,905%€13k▼ 92.4%
2021: €-49klowest in 5 years
2022: €-12k▲ +76.2% vs 2021
2023: €6k▲ +148% vs 2022
2024: €169k▲ +2905% vs 2023highest in 5 years
2025: €13k▼ -92.4% vs 2024
Net result€-49k-€-5k▲ 89.1%€5k€169k▲ 2,972%€13k▼ 92.0%
2021: €-49klowest in 5 years
2022: €-5k▲ +89.1% vs 2021
2023: €5k▲ +203% vs 2022
2024: €169k▲ +2972% vs 2023highest in 5 years
2025: €13k▼ -92.0% vs 2024
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 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €321k
Fixed assets
€98k ▲ 237%
Current assets
€223k ▼ 22.2%
Equity and liabilities €321k
Equity
€270k ▲ 5.2%
Debt
€51k ▼ 14.7%
Debt's share of the balance-sheet total falls from 18.8% to 15.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2024 · €175k
Cash flow
€29k▼
2024 · €175k
Current ratio
4.41▼
2024 · 4.84
Debt to equity
0.19▼
2024 · 0.23
ROE
5.0%▼
2024 · 65.6%
ROA
4.2%▼
2024 · 53.3%
Interest coverage
603.37▲
2024 · 410.30
Debt ≤ 1 year
€51k▼
2024 · €59k
Staff costs
€58k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€316k€321k▲
Fixed assets21/28€29k€98k▲
Intangible fixed assets21€20k€89k▲
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Financial fixed assets28€4k€4k▲
Current assets29/58€287k€223k▼
Amounts receivable within one year40/41€208k€106k▼
Trade receivables40€208k€101k▼
Other amounts receivable41€95€5k▲
Cash at bank and in hand54/58€79k€117k▲
Deferred charges and accrued income490/1€122€771▲
Equity and liabilities
Total equity and liabilities10/49€316k€321k▲
Equity10/15€257k€270k▲
Contributions10/11€305k€305k=
Profit (loss) carried forward14€-48k€-35k▲
Amounts payable17/49€59k€51k▼
Amounts payable within one year42/48€59k€51k▼
Trade debts44€48k€51k▲
Suppliers440/4€48k€51k▲
Taxes, remuneration and social security45€11k€72▼
Taxes450/3€11k€42▼
Remuneration and social security454/9-€29
Other amounts payable47/48€24€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€0€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€15k▲
Other operating charges640/8€81€95▲
Gross operating margin9900€175k€87k▼
Operating profit (loss)9901€169k€13k▼
Financial income75/76B€324€615▲
Recurring financial income75€324€615▲
Financial charges65/66B€427€47▼
Recurring financial charges65€427€47▼
Profit (loss) for the period before taxes9903€169k€13k▼
Profit (loss) for the period9904€169k€13k▼
Profit (loss) for the period to be appropriated9905€169k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-35k▲
Profit (loss) brought forward from the previous period14P€-217k€-48k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10k | €10 | €5 | €0 | €58k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €26k | €26k | €6k | €15k | ▲ 144% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €181 | €81 | €568 | €81 | €95 | ▲ 17.7% |
| Gross operating margin9900 | €-13k | €15k | €32k | €175k | €87k | ▼ 50.4% |
| Operating profit (loss)9901 | €-49k | €-12k | €6k | €169k | €13k | ▼ 92.4% |
| Financial income75/76B | €24 | €6k | €90 | €324 | €615 | ▲ 89.9% |
| Recurring financial income75 | €24 | €6k | €90 | €324 | €615 | ▲ 89.9% |
| Financial charges65/66B | €146 | €152 | €216 | €427 | €47 | ▼ 89.0% |
| Recurring financial charges65 | €146 | €152 | €216 | €427 | €47 | ▼ 89.0% |
| Profit (loss) for the period before taxes9903 | €-49k | €-5k | €5k | €169k | €13k | ▼ 92.0% |
| Profit (loss) for the period9904 | €-49k | €-5k | €5k | €169k | €13k | ▼ 92.0% |
| Profit (loss) for the period to be appropriated9905 | €-49k | €-5k | €5k | €169k | €13k | ▼ 92.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131k | €101k | €130k | €316k | €321k | ▲ 1.5% |
| Fixed assets21/28 | €54k | €28k | €27k | €29k | €98k | ▲ 237% |
| Intangible fixed assets21 | €48k | €24k | €25k | €20k | €89k | ▲ 350% |
| Tangible fixed assets22/27 | €6k | €4k | €3k | €5k | €4k | ▼ 14.4% |
| Furniture and vehicles24 | €6k | €4k | €3k | €5k | €4k | ▼ 14.4% |
| Financial fixed assets28 | €175 | €175 | €175 | €4k | €4k | ▲ 7.3% |
| Current assets29/58 | €78k | €73k | €102k | €287k | €223k | ▼ 22.2% |
| Amounts receivable within one year40/41 | €40k | €43k | €69k | €208k | €106k | ▼ 49.0% |
| Trade receivables40 | €33k | €43k | €69k | €208k | €101k | ▼ 51.5% |
| Other amounts receivable41 | €8k | €12 | €23 | €95 | €5k | ▲ 5,428% |
| Cash at bank and in hand54/58 | €37k | €26k | €34k | €79k | €117k | ▲ 46.8% |
| Deferred charges and accrued income490/1 | €90 | €4k | €0 | €122 | €771 | ▲ 533% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131k | €101k | €130k | €316k | €321k | ▲ 1.5% |
| Equity10/15 | €95k | €83k | €88k | €257k | €270k | ▲ 5.2% |
| Contributions10/11 | €305k | €305k | €305k | €305k | €305k | = |
| Profit (loss) carried forward14 | €-217k | €-223k | €-217k | €-48k | €-35k | ▲ 27.7% |
| Investment grants15 | €6k | €0 | - | - | - | - |
| Amounts payable17/49 | €37k | €18k | €42k | €59k | €51k | ▼ 14.7% |
| Amounts payable within one year42/48 | €37k | €18k | €42k | €59k | €51k | ▼ 14.7% |
| Trade debts44 | €36k | €15k | €38k | €48k | €51k | ▲ 4.8% |
| Suppliers440/4 | €36k | €15k | €38k | €48k | €51k | ▲ 4.8% |
| Taxes, remuneration and social security45 | €506 | €3k | €3k | €11k | €72 | ▼ 99.4% |
| Taxes450/3 | €194 | €3k | €3k | €11k | €42 | ▼ 99.6% |
| Remuneration and social security454/9 | €312 | €0 | - | - | €29 | - |
| Other amounts payable47/48 | €24 | €24 | €24 | €24 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-49k | €-5k | €5k | €169k | €13k | ▼ 92.0% |
| + Depreciation and write-downs630 | €25k | €26k | €26k | €6k | €15k | ▲ 144% |
| Operating cash flow (approximation) | €-24k | €21k | €32k | €175k | €29k | ▼ 83.5% |
| Investment in fixed assets (approximation) | - | €0 | €-26k | €-8k | €-84k | ▼ 977% |
| Change in cash | - | €-11k | €7k | €46k | €37k | ▼ 18.9% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €169k ▲2,972%
Operating result €169k, net result €169k, both a record.
31-12
Financial
Equity above €200kEq €257k ▲191%
2 profitable years in a row build equity to €257k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 5 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 139 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Welkenraedt · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue L. Brecht 54840 Welkenraedt1 establishment unit
SEEN-APPS
since 20162.252.886.366
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 38,623 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
Founded12-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.