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SEIDAN

Active
Private limited companyfounded 200818 yrs activeWilhelmietenlaan(BEV) 38, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0894.655.051

SEIDAN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €476. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-25
Solvency100=
Growth65▼-2
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.87 against 6.53 in 2024; short-term debt: 17.3% and cash: 56.7% of total assets), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
82.7%
Return on assets
0.7%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
44 d early
2023
44 d early
2022
41 d early
2021
26 d early
2020
43 d early
2019
44 d early
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€122k▼ 8.4%
2024 · €133k
2018: €107k 2019: €114k 2020: €142k 2021: €137k 2022: €128k 2023: €150k 2024: €133k
2018 → 2025
EBIT margin
5.0%▼ 5.9pp
2024 · 10.9%
2018: -9.9% 2019: 1.7% 2020: 22.0% 2021: 15.3% 2022: 8.6% 2023: 19.1% 2024: 10.9%
2018 → 2025
Net result
€476▼ 96.3%
2024 · €13k
2018: €-14k 2019: €3k 2020: €29k 2021: €24k 2022: €-4k 2023: €17k 2024: €13k
2018 → 2025
Working capital
€43k▲ 2.3%
2024 · €42k
2018: €3k 2019: €7k 2020: €37k 2021: €60k 2022: €37k 2023: €28k 2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€137k-€128k▼ 6.5%€150k▲ 17.1%€133k▼ 11.1%€122k▼ 8.4%
Equity€67k-€47k▼ 30.4%€39k▼ 16.1%€52k▲ 33.2%€53k▲ 0.9%
Operating result€21k-€11k▼ 47.4%€29k▲ 161%€15k▼ 49.4%€6k▼ 58.0%
Net result€24k-€-4k€17k€13k▼ 25.7%€476▼ 96.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €21k€21kNet result 2021: €24k€24kOperating result 2022: €11k€11kNet result 2022: €-4k€-4kOperating result 2023: €29k€29kNet result 2023: €17k€17kOperating result 2024: €15k€15kNet result 2024: €13k€13kOperating result 2025: €6k€6kNet result 2025: €476€47620212022202320242025
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets €10k▼ 4.5%
Current assets €54k▲ 9.0%
Equity and liabilities €64k
Equity €53k▲ 0.9%
Debt €11k▲ 46.2%
The debt ratio rises from 12.6% to 17.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8k
2024 · €16k
Cash flow
€2k
2024 · €15k
Solvency
82.7%
2024 · 87.4%
Current ratio
4.87
2024 · 6.53
Quick ratio
4.87
2024 · 6.53
Debt / equity
0.21
2024 · 0.14
ROE
0.9%
2024 · 24.9%
ROA
0.7%
2024 · 21.8%
Interest coverage
13.15
2024 · 17.80
Debt
€11k
2024 · €8k
Debt ≤ 1 year
€11k
2024 · €8k
Income taxes
€5k
2024 · €593
Staff costs
€291
2024 · €375
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€60k€64k
Fixed assets21/28€10k€10k
Tangible fixed assets22/27€10k€10k
Furniture and vehicles24€10k€10k
Current assets29/58€49k€54k
Amounts receivable within one year40/41€31k€18k
Trade receivables40€25k€12k
Other amounts receivable41€6k€6k
Cash at bank and in hand54/58€18k€36k
Equity and liabilities
Total equity and liabilities10/49€60k€64k
Equity10/15€52k€53k
Contributions10/11€6k€6k=
Reserves13€46k€46k
Distributable reserves133€46k€46k
Profit (loss) carried forward14€257-
Amounts payable17/49€8k€11k
Amounts payable within one year42/48€8k€11k
Trade debts44€3k€5k
Suppliers440/4€3k€5k
Taxes, remuneration and social security45€4k€6k
Taxes450/3€4k€6k
Other amounts payable47/48€275-
Income statement Code20242025
Turnover70€133k€122k
Goods, raw materials, services and sundry goods60/61€115k€115k
Remuneration, social security and pensions62€375€291
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€3k€2k
Gross operating margin9900€20k€10k
Operating profit (loss)9901€15k€6k
Financial charges65/66B€915€606
Recurring financial charges65€915€606
Profit (loss) for the period before taxes9903€14k€5k
Income taxes67/77€593€5k
Profit (loss) for the period9904€13k€476
Profit (loss) for the period to be appropriated9905€13k€476
Appropriation of the result
Profit (loss) to be appropriated9906€13k€734
Profit (loss) brought forward from the previous period14P€65€258
Transfer to equity691/2€13k€734
To other reserves6921€13k€734

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 6.53
Current ratio from 2.73 to 6.53; short-term debt falls from €16k to €8k.
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity triplescurrent ratio 11.80
Current ratio from 3.70 to 11.80; short-term debt falls from €14k to €6k.
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €29k ▲1042%
Operating result €31k, net result €29k, both a record.
31-12
Financial Liquidity triplescurrent ratio 3.70
Current ratio from 1.25 to 3.70; short-term debt falls from €26k to €14k.
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Wilhelmietenlaan(BEV) 389120 Beveren-Kruibeke-Zwijndrecht
Ground area
252 m²
Building footprint
79 m²
Volume, LiDAR
492 m³
Parcel 46502D0001/00Y000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEIDAN
Wilhelmietenlaan(BEV) 38, 9120 Beveren-Kruibeke-ZwijndrechtRental and leasing activities
since 20082.168.336.119
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46502D0001/00Y000 Flanders 252 m² 1 · 79 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 158 EUR awarded · 158 EUR paid
Year Entries awardedpaid
2022 1 158 EUR158 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 158 EUR · 158 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,318 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-01-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.