SEET
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €70,000. Estimated: probably between €37,000 and €160,000.
Balance sheet
balance sheet total €9,224 on 31-12-2025in euro
in euro
Position in the sector
-121.2%
Lower than 95% of 5,728 companies in 2025.
0.45
Higher than 10% of 5,589 companies in 2025.
13.8%
Higher than 66% of 5,615 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
9,224 | 10,307 | 30,735 | |
21/28 |
- | 7,245 | 14,549 | |
22/27 |
- | 7,245 | 14,549 | |
23 |
- | 1,319 | 2,841 | |
24 |
- | 5,926 | 11,708 | |
29/58 |
9,224 | 3,062 | 16,186 | |
40/41 |
5,382 | 627 | 14,690 | |
40 |
4,382 | - | 5,709 | |
41 |
1,000 | 627 | 8,981 | |
54/58 |
3,392 | 1,994 | 1,200 | |
490/1 |
449 | 440 | 296 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
9,224 | 10,307 | 30,735 | |
10/15 |
-11,176 | -12,444 | 3,076 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
-14,176 | -15,444 | 76 | |
17/49 |
20,399 | 22,751 | 27,659 | |
42/48 |
20,399 | 22,751 | 27,659 | |
43 |
- | - | 2,307 | |
430/8 |
- | - | 2,307 | |
44 |
145 | 2,784 | 1,065 | |
440/4 |
145 | 2,784 | 1,065 | |
45 |
6,497 | 3,611 | 5,193 | |
450/3 |
4,397 | 1,611 | 3,193 | |
454/9 |
2,100 | 2,000 | 2,000 | |
47/48 |
13,757 | 16,356 | 19,094 | |
| Income statement | ||||
9900 |
8,927 | -7,881 | 7,580 | |
630 |
7,063 | 7,068 | 7,008 | |
640/8 |
249 | 244 | 349 | |
9901 |
1,615 | -15,192 | 224 | |
75/76B |
- | 0 | 0 | |
75 |
- | 0 | 0 | |
65/66B |
347 | 329 | 128 | |
65 |
347 | 329 | 128 | |
9903 |
1,269 | -15,521 | 96 | |
67/77 |
- | - | 19 | |
9904 |
1,269 | -15,521 | 76 | |
9905 |
1,269 | -15,521 | 76 | |
| Appropriation of the result | ||||
9906 |
-14,176 | -15,444 | 76 | |
14P |
-15,444 | 76 | - | |
| Document | ||||
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.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 8,678 | -8,124 | 7,231 | ||
| 8,331 | -8,452 | 7,084 | ||
| -182 | -236 | 21,557 | ||
| 1,398 | 794 | - | ||
| -11,176 | -19,689 | -11,473 | ||
| -121.2% | -120.7% | 10.0% | ||
| 0.45 | 0.13 | 0.59 | ||
| - | - | 8.99 | ||
| - | - | 2.5% | ||
| 13.8% | -150.6% | 0.2% | ||
| 25.04 | -24.72 | 56.52 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €21,557 |
| €7,063 | €7,068 | €7,008 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SEET
The operating result for 2025 is a profit of €1,615, after a loss of €15,192 in 2024. It is the highest result since 2023.
Equity is negative. Debt (€20,399) exceeds the balance-sheet total (€9,224).