SEIDO Solutions
ActiveSEIDO Solutions has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368k and a net result of €145k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 1617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+10
Solvency72▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.24 in 2024; short-term debt: 52.3% and cash: 6% of total assets), and 53.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.6%
Return on assets
18.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
45 d early
2023
41 d early
2022
49 d early
2021
39 d early
2020
19 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€368k▼ 20.6%
2024 · €463k
2019: €168k
2020: €177k
2021: €204k
2022: €226k
2023: €339k
2024: €463k
2019 → 2025
Total assets
€790k▼ 33.7%
2024 · €1.19M
2019: €199k
2020: €227k
2021: €346k
2022: €586k
2023: €1.09M
2024: €1.19M
2019 → 2025
Net result
€145k▲ 16.5%
2024 · €124k
2019: €17k
2020: €9k
2021: €101k
2022: €22k
2023: €113k
2024: €124k
2019 → 2025
Working capital
€-206k▲ 60.8%
2024 · €-526k
2019: €100k
2020: €122k
2021: €91k
2022: €-160k
2023: €-565k
2024: €-526k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€204k-€226k▲ 10.9%€339k▲ 50.0%€463k▲ 36.7%€368k▼ 20.6%
Operating result€129k-€25k▼ 80.5%€134k▲ 437%€182k▲ 35.7%€211k▲ 15.7%
Net result€101k-€22k▼ 78.0%€113k▲ 408%€124k▲ 9.9%€145k▲ 16.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €790k
Fixed assets
€583k▼ 42.9%
Current assets
€207k▲ 21.9%
Equity and liabilities €790k
Equity
€368k▼ 20.6%
Debt
€422k▼ 42.0%
The debt ratio falls from 61.1% to 53.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€648k▲
2024 · €462k
Cash flow
€582k▲
2024 · €404k
Solvency
46.6%▲
2024 · 38.9%
Current ratio
0.50▲
2024 · 0.24
Quick ratio
0.41▲
2024 · 0.18
Debt / equity
1.15▼
2024 · 1.57
ROE
39.4%▲
2024 · 26.8%
ROA
18.3%▲
2024 · 10.4%
Interest coverage
39.28▲
2024 · 21.86
Debt
€422k▼
2024 · €728k
Debt ≤ 1 year
€413k▼
2024 · €696k
Income taxes
€50k▲
2024 · €37k
Staff costs
€251k▲
2024 · €177k
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€1.19M€790k▼
Fixed assets21/28€1.02M€583k▼
Tangible fixed assets22/27€1.02M€583k▼
Plant, machinery and equipment23€980k€556k▼
Furniture and vehicles24€41k€27k▼
Current assets29/58€170k€207k▲
Stocks and contracts in progress3€42k€39k▼
Stocks30/36€42k€39k▼
Amounts receivable within one year40/41€103k€118k▲
Trade receivables40€85k€100k▲
Other amounts receivable41€18k€18k▲
Cash at bank and in hand54/58€24k€48k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.19M€790k▼
Equity10/15€463k€368k▼
Contributions10/11€19k€19k=
Reserves13€444k€349k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€444k€349k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€728k€422k▼
Amounts payable within one year42/48€696k€413k▼
Trade debts44€7k€69k▲
Suppliers440/4€7k€69k▲
Taxes, remuneration and social security45€48k€42k▼
Taxes450/3€2k€5k▲
Remuneration and social security454/9€47k€37k▼
Other amounts payable47/48€641k€301k▼
Accrued charges and deferred income492/3€32k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€177k€251k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€280k€437k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€290
Other operating charges640/8€436€2k▲
Gross operating margin9900€640k€901k▲
Operating profit (loss)9901€182k€211k▲
Financial income75/76B€183€164▼
Recurring financial income75€183€164▼
Financial charges65/66B€21k€17k▼
Recurring financial charges65€21k€17k▼
Profit (loss) for the period before taxes9903€161k€195k▲
Income taxes67/77€37k€50k▲
Profit (loss) for the period9904€124k€145k▲
Profit (loss) for the period to be appropriated9905€124k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€124k€145k▲
Transfer from equity791/2-€240k
Transfer to equity691/2€124k€145k▲
To other reserves6921€124k€145k▲
Profit to be distributed694/7-€240k
Return on contributions (dividend)694-€240k
Social balance
Average headcount (FTE)90873.83.2▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €145k ▲16.5%
Operating result €211k, net result €145k, both a record.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Equity above €200kEq €204k ▲14.8%
3 profitable years in a row build equity to €204k.
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €9k ▼44.8%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
21-04-2026
Karl Wallecan: Resigned as Director
21-04-2026
Mieke Struye: Resigned as Director
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2011
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.
Nijverheidslaan 238560 WevelgemGround area
4,250 m²
Building footprint
1,283 m²
Parcel 34029B0469/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Seido Solutions bvba
since 20112.201.788.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029B0469/00K000 | Flanders | 4,250 m² | 1 · 1,283 m² | - |
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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 6,494 EUR awarded · 6,494 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 5,494 EUR | 5,494 EUR |
Schemes
Subsidies voor internationaal ondernemen
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 1 endedOmsteller verspaning en monteerder-afregelaar duaal (so)
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,754. 2,398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2011
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
73110Advertising agencies
62020IT consultancy
62200Computer consultancy and computer facilities management
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.