Equity
-€11,176
Debts exceed assets in financial year 2025.
SEET
Lifetime
3 annual accounts with figures on one time axispeak €8,927 (2025)
€8,927▲ €16,807
lowest -€15,521 (2024)
€1,269▲ €16,789
peak €3,076 (2023)
-€11,176▲ €1,269
€20,399▼ 10.3%
Board1 name since 2023
1 directorETIENNE Sébastien Joseph Georges
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from -€7,881 to €8,927Back to profit: €1,269Cash from €1,994 to €3,392
Key points
from the 2025 annual accountsDebts
€20,399 221% of the balance sheet
Suppliers 1%Taxes and wages 32%Other 67%
Position in the sector
-121.2%
Lower solvency than 95% of companies in building services and landscaping. Sector median 40.5% · 5,728 companies.
Checked score
55
Fair
Financially stronger than 41% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%
01-2025: 2.8%▲ +0.1 percentage points vs 12-2024
02-2025: 2.8%● unchanged vs 01-2025
03-2025: 2.8%● unchanged vs 02-2025
04-2025: 3.0%▲ +0.2 percentage points vs 03-2025
05-2025: 3.0%● unchanged vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.1%▲ +0.1 percentage points vs 06-2025
08-2025: 3.4%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 2.1%▼ -1.3 percentage points vs 08-2025
10-2025: 2.0%▼ -0.1 percentage points vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 1.9%▼ -0.1 percentage points vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 1.3%▼ -0.6 percentage points vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.0%▼ -0.3 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Founded in 2023
Negative equity -€11,176
Sector: Services to buildings and landscape activities (NACE 81)
lowers risk
Liquidity: current ratio 0.45, cash €3,392
Calculation
The band follows from the bankruptcy probability. 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 81, micro). It does better than 3% of them on solvency, 41% on liquidity, 69% on profitability and 53% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,017 companies had the same profile as SEET has now. Each dot stands for 3 companies, two years later.
89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SEET itself is lower: 1.0% within 12 months. It rests on far more data about SEET than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 1,017 companies, not a prediction for SEET. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.45 (0.13 in 2024), below 1. Short-term debt is 221.2% and cash 36.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5728 sector peers (2025).
NBB · sector comparisonPosition among 5728 sector peers
Solvency
better than 5%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
32 days early
2024
26 days late
2023
2 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (3 of the last 3 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797101953
Incorporation
Founder: ETIENNE Sébastien Joseph Georges (shareholder and founder) · 100 shares · Appointment: ETIENNE Sébastien Joseph Georges (director) · published on 16-01-2023 · Gazette deed
First establishment
Rue les Communes 40, Amay
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SEET Amay | - | - | -121.2% | - |
| IVVO Construct Mechelen | - | - | 72.5% | - |
| BELVLAD Sint-Pieters-Leeuw | €78,940 | 10.9% | 87.5% | - |
| SoluMaintenance Couvin | €49,701 | 26.2% | 5.2% | - |
| AS Works BE Ternat | - | - | 53.1% | - |
| ANDRITCHI Aalst | - | - | -22.4% | - |
| GS TERRASSEMENT Grez-Doiceau | - | - | -1.8% | - |
These companies have the same main activity as SEET: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €2,720 and €33,100, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 12-01-2023Normal situation
- Activity
- Combined facilities support activitiesNACE 81100and 1 other
- Establishment unit
- 2.340.934.0584540 Amay, since 12-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- ≈ €70,000estimated
- €9,224▼ 10.5%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on SEET
SEET files the micro format. That format states no turnover. The gross margin rose from €7,580 in 2023 to €8,927 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SEET
- What is the company number of SEET?
- The company number of SEET is 0797.101.953. The VAT number is the same number with BE in front: BE 0797.101.953.
- Where is SEET based?
- The registered office is at Rue les Communes 40, 4540 Amay.Company details
- What does SEET do?
- According to the KBO register, the main activity is combined facilities support activities (NACE 81100).
- What is the legal form of SEET?
- SEET is a private limited company (BV).
- When was SEET founded?
- SEET was founded on 12-01-2023.
- Is SEET still active?
- Yes, SEET is an active enterprise in the KBO register.
- What is the turnover of SEET?
- The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €8,927 and 120 comparable companies (NACE 81). It probably lies between €37,000 and €160,000. It is a rough estimate.Financials
- Is SEET profitable?
- In financial year 2025, SEET made a profit of €1,269.
- Where can I find the annual accounts of SEET?
- SEET filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SEET due?
- SEET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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