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SEETECH

Active
Private limited companyfounded 2008active for 17 yearsVecmont 100, 6980 La Roche-en-Ardenne, BelgiumKBO/BCE: BE 0808.695.235
Summary

SEETECH has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €595,885 and a net result of €23,968. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 35% of 9,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Other construction installation
NACE 43240General electrical installation work NACE 43211
3rd largest company by total assets in La Roche-en-Ardenne, Construction sector1 site
Size
€1.8mtotal assets 2025
Staff
6.6 FTE
Equity
€595,885
Profit
€23,968
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Largest shareholder
ATECLO · 20%
  • MGR TechDirector · permanent representative Michaël GRAINDORGE
Accounts 42 days early1 of 5 deeds read
Why 69raises riskSector: Specialised construction activities (NACE 43)Size: 6.6 FTE, total assets €1.8mlowers riskFounded in 2008Figures for financial year 2025 (filed 19-06-2026)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 35% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 57+2
equity 32.4% of total assets
Liquidity 41-22
short-term debt 29.6% · cash 2.8%
Profitability 67-8
return on assets 1.3%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.9 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.4 percentage points vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.98, compared with 2.17 in 2024; short-term debt: 29.6% and cash: 2.8% of total assets), but 67.6% of the assets are financed with debt and provisions.
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 43, micro): better than 34% on solvency, 31% on liquidity, 33% on profitability and 44% on growth.

The bankruptcy probability was computed on 11-10-2026 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 riskraises riskneutral
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: 6.6 FTE, total assets €1.8m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 19-06-2026)
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €595,885
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
21 days late
2023
30 days late
2022
4 days early
2021
20 days early
2020
87 days early
2019
52 days 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 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 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 27 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Kévin DROPSY (director)Appointment: MGR TECH (director) ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025from €89,785 to €23,968 ▼ 73.3% View
  • Positive: 3rd largest company by total assets in La Roche-en-Ardenne, Construction sectorin the Checked rankings No. 3 View
  • Caution: Board changedlatest change 16-01-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€1.8m
Profit
€23,968
Solvency
32.4%
Total assets▼ 4.2%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2010
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 31-12-2024Equity above €500,000
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other construction installationNACE 43240
Founded
24-12-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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