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SEIDO SYSTEMS

Active
Private limited companyfounded 2004active for 22 yearsNijverheidslaan 23, 8560 Wevelgem, BelgiumKBO/BCE: BE 0869.521.262
Summary

SEIDO SYSTEMS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €632,081. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 26% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-10-2004 Normal situation
Activity
Wholesale of machine tools NACE 46620and 3 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.142.461.071 8560 Wevelgem, since 20-10-2004
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • AKODOMODirector · since 21-04-2026 · permanent representative Karl Wallecan
  • Altum ManagementDirector · since 21-04-2026 · permanent representative Kim Leemans
  • SHINRODirector · since 21-04-2026 · permanent representative Mieke Struye
Shareholders
  • AKODOMO2025 annual accounts of AKODOMO

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€1.5m
Turnover
≈ €6.6m
estimated
Profit
€632,081
Equity
€1.0m
Total assets
€5.3m
Employees on 31-12-2025
2
Filed on 11-06-2026, 50 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.15, cash €93,667lowers riskFigures for financial year 2025 (filed on 11-06-2026)Size: 2.9 FTE, total assets €5.3mFounded in 2004Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 45-9
equity 19.8% of total assets
Liquidity 9-5
short-term debt 79.6% · cash 1.8%
Profitability 84-14
return on assets 11.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.7%▲ +0.2 percentage points vs 03-2025 05-2025: 0.2%▼ -0.5 percentage points vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged 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 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%▲ +0.2 percentage points vs 03-2026 05-2026: 0.8%▲ +0.3 percentage points vs 04-2026 06-2026: 1.1%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 0.2%▼ -0.9 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.18 in 2024), below the usual 1.5. Short-term debt is 79.6% and cash 1.8% of total assets. 80.2% 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 46, micro). It does better than 31% of them on solvency, 10% on liquidity and 78% on profitability.

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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.15, cash €93,667
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 11-06-2026)
NBB · annual accounts
lowers risk · Size: 2.9 FTE, total assets €5.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
13 days early
2023
21 days early
2022
34 days early
2021
30 days early
2020
3 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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

  • Positive: Higher net result than 95% of companies in wholesale tradesector median €26,864 · 9,808 companies €632,081 View
  • Board changedlatest change 21-04-2026 · 3 in office 3 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €632,081 7 years View

Comparable companies

These companies have the same main activity as SEIDO SYSTEMS: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €2.7m and €6.4m, founded between 2000 and 2009.

CompanyTotal assetsGross margin
SEIDO SYSTEMS Wevelgem€5.3m€1.5m
B.G. MAT Chimay€4.3m€1.1m
LOCA-CHARIOT Celles (lez-Tournai)€2.7m€0.8m
HANDELSONDERNEMING VAN VELDHOVEN Pelt€4.3m€1.4m
ROTEC Arendonk€3.9m€1.9m
ROWMARK EMEA Beveren-Kruibeke-Zwijndrecht€6.2m€0.7m
FASSI.BE Fleurus€6.4m€1.7m
Full comparison

Key facts about SEIDO SYSTEMS

What is the company number of SEIDO SYSTEMS?
The company number of SEIDO SYSTEMS is 0869.521.262. The VAT number is the same number with BE in front: BE 0869.521.262.
Where is SEIDO SYSTEMS based?
The registered office is at Nijverheidslaan 23, 8560 Wevelgem.Company details
What does SEIDO SYSTEMS do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of SEIDO SYSTEMS?
The legal form of SEIDO SYSTEMS is Private limited company (BV).
When was SEIDO SYSTEMS founded?
SEIDO SYSTEMS was founded on 20-10-2004.
Is SEIDO SYSTEMS still active?
Yes, SEIDO SYSTEMS is an active enterprise in the KBO register.
How many employees does SEIDO SYSTEMS have?
SEIDO SYSTEMS had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SEIDO SYSTEMS fall under?
In its 2025 annual accounts, SEIDO SYSTEMS states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of SEIDO SYSTEMS?
The turnover in financial year 2025 is ≈ €6.6m. This figure is estimated from the gross margin of €1.5m and 100 comparable companies (NACE 46). It probably lies between €4.0m and €11.0m.
Is SEIDO SYSTEMS profitable?
In financial year 2025, SEIDO SYSTEMS made a profit of €632,081.
Where can I find the annual accounts of SEIDO SYSTEMS?
SEIDO SYSTEMS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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