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SEEWALD

Active
Private limited companyfounded 2020active for 6 yearsIeperlaan 60, 1000 Brussel, BelgiumKBO/BCE: BE 0744.403.437
Summary

The computed 12-month bankruptcy probability of SEEWALD is 4.7% (elevated). The annual accounts of SEEWALD for financial year 2024 show a net loss of 89% of the equity at the start of that year. The 2024 annual accounts show equity of €6,752 and a net result of -€55,982. Equity has been growing by about 17% per year since 2020. Its solvency ranks better than 18% of 2,466 sector peers (NACE 90, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-02-2020 Normal situation
Activity
Literary creation NACE 90111and 4 others
Establishment unit
2.301.200.878 1000 Brussel, since 24-02-2020
Financial year end
31 December
Peppol
Reachable since 18-02-2026

Board and ownership

Board
  • De Buysser PieterDirector

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Annual accounts 2024
Gross margin
-€51,380
Loss
€55,982
Equity
€6,752
▼ 89.2%
Total assets
€647,227
▲ 127%
  • 2025 accounts not filed, 93 days past the deadline
Turnover not published (micro format)
Filed on 13-10-2025
Score breakdownraises riskFigures for financial year 2024 (filed on 13-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 3 of the last 3 accounts lateLiquidity: current ratio 3.23, cash €120lowers riskSector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 16% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2023
Weak
Solvency 26-21
equity 1.0% of total assets
Liquidity 37-35
short-term debt 30.6% · cash 0.0%
Profitability 8-41
return on assets -8.6%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,429 companies, NACE 90, micro)
Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 2.1%▲ +0.4 percentage points vs 08-2025 10-2025: 3.3%▲ +1.2 percentage points vs 09-2025 11-2025: 2.2%▼ -1.1 percentage points vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.4%▲ +0.2 percentage points vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.3%▼ -0.1 percentage points vs 04-2026 06-2026: 2.2%▼ -0.1 percentage points vs 05-2026 07-2026: 2.1%▼ -0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.5 percentage points vs 07-2026 09-2026: 3.3%▲ +0.7 percentage points vs 08-2026 10-2026: 4.7%▲ +1.4 percentage points vs 09-2026highest value 11-2026: 4.7%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 3.23 (3.0 in 2023), above the usual 1.5. Short-term debt is 30.6% and cash 0% of total assets. However, 99% of the assets are financed with debt and provisions.
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 90, micro). It does better than 17% of them on solvency, 22% on liquidity, 18% on profitability and 6% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 13-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 3.23, cash €120
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2466 sector peers (2024).
NBB · sector comparison
Position among 2466 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 74 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
74 days late
2023
61 days late
2022
58 days late
2021
75 days early
2020
74 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 9 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2024from €62,733 to €6,752 ▼ 89.2% View
  • Caution: Lower net result than 95% of companies in creative and performing artssector median €6,380 · 2,468 companies -€55,982 View

Comparable companies

These companies have the same main activity as SEEWALD: literary creation (NACE 90111). They are comparable in size and age: total assets between €258,000 and €752,000, founded between 2016 and 2022.

CompanyTotal assetsGross margin
SEEWALD Brussel€647,227-€51,380
BDL Industries Watermaal-Bosvoorde€464,601-€25,643
Atelier Marino Di Teana Lasne€751,694-€14,606
Tractopelle La Louvière€440,926-€28,248
ENDLESS PURSUIT Namur€393,255-€1,923
ATELIER WUIDAR 38 Esneux€296,396€213
Let's Talk Video Gent€257,938-€31,981
Full comparison

Key facts about SEEWALD

What is the company number of SEEWALD?
The company number of SEEWALD is 0744.403.437. The VAT number is the same number with BE in front: BE 0744.403.437.
Where is SEEWALD based?
The registered office is at Ieperlaan 60, 1000 Brussel.Company details
What does SEEWALD do?
According to the KBO register, the main activity is literary creation (NACE 90111).
What is the legal form of SEEWALD?
The legal form of SEEWALD is Private limited company (BV).
When was SEEWALD founded?
SEEWALD was founded on 24-02-2020.
Is SEEWALD still active?
Yes, SEEWALD is an active enterprise in the KBO register.
What is the turnover of SEEWALD?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is SEEWALD profitable?
In financial year 2024, SEEWALD made a loss of €55,982.
Where can I find the annual accounts of SEEWALD?
SEEWALD filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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