SEIR
ActiveSummary
The computed 12-month bankruptcy probability of SEIR is 1.9% (moderate). The 2025 annual accounts show equity of €162k and a net result of €-4k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 3705 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-1
Solvency70▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.66 in 2024; short-term debt: 25.1% and cash: 25.3% of total assets), but 54.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
23 d early
2024
29 d late
2023
12 d early
2022
20 d early
2021
30 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€162k▼ 2.6%
2024 · €166k
2018: €33klowest in 8 years
2019: €57k▲ +72.6% vs 2018
2020: €82k▲ +43.6% vs 2019
2021: €144k▲ +74.4% vs 2020
2022: €170k▲ +18.0% vs 2021highest in 8 years
2023: €167k▼ -1.3% vs 2022
2024: €166k▼ -0.6% vs 2023
2025: €162k▼ -2.6% vs 2024
2018 → 2025
Total assets
€358k▼ 11.9%
2024 · €406k
2018: €474khighest in 8 years
2019: €439k▼ -7.2% vs 2018
2020: €380k▼ -13.5% vs 2019
2021: €462k▲ +21.5% vs 2020
2022: €433k▼ -6.3% vs 2021
2023: €409k▼ -5.4% vs 2022
2024: €406k▼ -0.7% vs 2023
2025: €358k▼ -11.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€-4k▼ 296%
2024 · €-1k
2018: €-27klowest in 8 years
2019: €24k▲ +190% vs 2018
2020: €25k▲ +2.9% vs 2019
2021: €61k▲ +147% vs 2020highest in 8 years
2022: €26k▼ -57.8% vs 2021
2023: €-2k▼ -108% vs 2022
2024: €-1k▲ +49.4% vs 2023
2025: €-4k▼ -296% vs 2024
2018 → 2025
Working capital
€67k▲ 1.2%
2024 · €66k
2018: €-47k
2019: €-54k▼ -14.1% vs 2018lowest in 8 years
2020: €-9k▲ +83.7% vs 2019
2021: €41k▲ +567% vs 2020
2022: €-17k▼ -142% vs 2021
2023: €46k▲ +370% vs 2022
2024: €66k▲ +43.4% vs 2023
2025: €67k▲ +1.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€170k▲ 18.0%€167k▼ 1.3%€166k▼ 0.6%€162k▼ 2.6%
2021: €144klowest in 5 years
2022: €170k▲ +18.0% vs 2021highest in 5 years
2023: €167k▼ -1.3% vs 2022
2024: €166k▼ -0.6% vs 2023
2025: €162k▼ -2.6% vs 2024
Operating result€74k-€39k▼ 47.0%€7k▼ 80.9%€10k▲ 41.0%€2k▼ 82.7%
2021: €74khighest in 5 years
2022: €39k▼ -47.0% vs 2021
2023: €7k▼ -80.9% vs 2022
2024: €10k▲ +41.0% vs 2023
2025: €2k▼ -82.7% vs 2024lowest in 5 years
Net result€61k-€26k▼ 57.8%€-2k€-1k▲ 49.4%€-4k▼ 296%
2021: €61khighest in 5 years
2022: €26k▼ -57.8% vs 2021
2023: €-2k▼ -108% vs 2022
2024: €-1k▲ +49.4% vs 2023
2025: €-4k▼ -296% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€201k ▼ 16.3%
Current assets
€157k ▼ 5.6%
Equity and liabilities €358k
Equity
€162k ▼ 2.6%
Debt
€196k ▼ 18.4%
Debt's share of the balance-sheet total falls from 59.1% to 54.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€80k▼
2024 · €87k
Cash flow
€74k▼
2024 · €76k
Current ratio
1.75▲
2024 · 1.66
Quick ratio
1.21▲
2024 · 1.21
Debt to equity
1.21▼
2024 · 1.44
ROE
-2.7%▼
2024 · -0.7%
ROA
-1.2%▼
2024 · -0.3%
Interest coverage
12.57▲
2024 · 9.22
Debt ≤ 1 year
€90k▼
2024 · €100k
Debt > 1 year
€106k▼
2024 · €140k
Income taxes
€1k▼
2024 · €4k
Staff costs
€304k▼
2024 · €334k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€406k€358k▼
Fixed assets21/28€240k€201k▼
Tangible fixed assets22/27€239k€200k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€64k€46k▼
Furniture and vehicles24€14k€32k▲
Other tangible fixed assets26€155k€117k▼
Financial fixed assets28€1k€1k=
Current assets29/58€167k€157k▼
Stocks and contracts in progress3€46k€48k▲
Stocks30/36€46k€48k▲
Amounts receivable within one year40/41€45k€16k▼
Trade receivables40€35k€10k▼
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€70k€91k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€406k€358k▼
Equity10/15€166k€162k▼
Contributions10/11€60k€60k=
Reserves13€110k€110k=
Distributable reserves133€110k€110k=
Profit (loss) carried forward14€-3k€-8k▼
Amounts payable17/49€240k€196k▼
Amounts payable after more than one year17€140k€106k▼
Financial debts170/4€140k€106k▼
Amounts payable within one year42/48€100k€90k▼
Current portion of amounts payable after more than one year42€13k€23k▲
Trade debts44€69k€47k▼
Suppliers440/4€69k€47k▼
Advances received on contracts in progress46€3k€7k▲
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€969€4k▲
Remuneration and social security454/9€11k€9k▼
Other amounts payable47/48€2k€478▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€334k€304k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€78k▲
Other operating charges640/8€9k€7k▼
Gross operating margin9900€430k€392k▼
Operating profit (loss)9901€10k€2k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€9k€6k▼
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€3k€-3k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€-1k€-4k▼
Profit (loss) for the period to be appropriated9905€-1k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-8k▼
Profit (loss) brought forward from the previous period14P€-2k€-3k▼
Social balance
Average headcount (FTE)908716.413.6▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18k | €7 | €0 | - | - |
| Remuneration, social security and pensions62 | €138k | €324k | €328k | €334k | €304k | ▼ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59k | €67k | €76k | €77k | €78k | ▲ 1.7% |
| Other operating charges640/8 | €3k | €3k | €4k | €9k | €7k | ▼ 15.3% |
| Gross operating margin9900 | €273k | €432k | €415k | €430k | €392k | ▼ 9.0% |
| Operating profit (loss)9901 | €74k | €39k | €7k | €10k | €2k | ▼ 82.7% |
| Financial income75/76B | €536 | €741 | €2k | €2k | €1k | ▼ 8.5% |
| Recurring financial income75 | €536 | €741 | €2k | €2k | €1k | ▼ 8.5% |
| Financial charges65/66B | €4k | €7k | €9k | €9k | €6k | ▼ 32.9% |
| Recurring financial charges65 | €4k | €7k | €9k | €9k | €6k | ▼ 32.9% |
| Profit (loss) for the period before taxes9903 | €70k | €33k | €-6 | €3k | €-3k | ▼ 217% |
| Income taxes67/77 | €9k | €7k | €2k | €4k | €1k | ▼ 66.8% |
| Profit (loss) for the period9904 | €61k | €26k | €-2k | €-1k | €-4k | ▼ 296% |
| Profit (loss) for the period to be appropriated9905 | €61k | €26k | €-2k | €-1k | €-4k | ▼ 296% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €462k | €433k | €409k | €406k | €358k | ▼ 11.9% |
| Fixed assets21/28 | €338k | €326k | €280k | €240k | €201k | ▼ 16.3% |
| Tangible fixed assets22/27 | €337k | €325k | €279k | €239k | €200k | ▼ 16.4% |
| Land and buildings22 | - | - | €6k | €6k | €5k | ▼ 11.8% |
| Plant, machinery and equipment23 | €30k | €61k | €60k | €64k | €46k | ▼ 28.5% |
| Furniture and vehicles24 | €11k | €10k | €9k | €14k | €32k | ▲ 121% |
| Other tangible fixed assets26 | €295k | €254k | €204k | €155k | €117k | ▼ 24.3% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €124k | €107k | €129k | €167k | €157k | ▼ 5.6% |
| Stocks and contracts in progress3 | €7k | €24k | €40k | €46k | €48k | ▲ 5.5% |
| Stocks30/36 | €7k | €24k | €40k | €46k | €48k | ▲ 5.5% |
| Amounts receivable within one year40/41 | €28k | €21k | €19k | €45k | €16k | ▼ 63.6% |
| Trade receivables40 | €22k | €1k | €4k | €35k | €10k | ▼ 72.8% |
| Other amounts receivable41 | €6k | €20k | €15k | €10k | €7k | ▼ 30.0% |
| Cash at bank and in hand54/58 | €86k | €53k | €62k | €70k | €91k | ▲ 29.4% |
| Deferred charges and accrued income490/1 | €3k | €8k | €8k | €6k | €2k | ▼ 64.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €462k | €433k | €409k | €406k | €358k | ▼ 11.9% |
| Equity10/15 | €144k | €170k | €167k | €166k | €162k | ▼ 2.6% |
| Contributions10/11 | €60k | €60k | €60k | €60k | €60k | = |
| Reserves13 | €84k | €110k | €110k | €110k | €110k | = |
| Distributable reserves133 | €84k | €110k | €110k | €110k | €110k | = |
| Profit (loss) carried forward14 | - | - | €-2k | €-3k | €-8k | ▼ 133% |
| Amounts payable17/49 | €318k | €263k | €242k | €240k | €196k | ▼ 18.4% |
| Amounts payable after more than one year17 | €212k | €139k | €159k | €140k | €106k | ▼ 24.3% |
| Financial debts170/4 | €212k | €139k | €159k | €140k | €106k | ▼ 24.3% |
| Amounts payable within one year42/48 | €83k | €124k | €83k | €100k | €90k | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | €38k | €48k | €8k | €13k | €23k | ▲ 66.9% |
| Trade debts44 | €18k | €47k | €39k | €69k | €47k | ▼ 32.3% |
| Suppliers440/4 | €18k | €47k | €39k | €69k | €47k | ▼ 32.3% |
| Advances received on contracts in progress46 | - | - | - | €3k | €7k | ▲ 146% |
| Taxes, remuneration and social security45 | €19k | €21k | €31k | €12k | €13k | ▲ 4.7% |
| Taxes450/3 | €19k | €5k | €16k | €969 | €4k | ▲ 267% |
| Remuneration and social security454/9 | - | €16k | €15k | €11k | €9k | ▼ 17.6% |
| Other amounts payable47/48 | €7k | €8k | €6k | €2k | €478 | ▼ 79.2% |
| Accrued charges and deferred income492/3 | €24k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €26k | €-2k | €-1k | €-4k | ▼ 296% |
| + Depreciation and write-downs630 | €59k | €67k | €76k | €77k | €78k | ▲ 1.7% |
| Operating cash flow (approximation) | €121k | €93k | €73k | €76k | €74k | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | €-55k | €-30k | €-37k | €-39k | ▼ 5.6% |
| Change in cash | - | €-33k | €9k | €9k | €21k | ▲ 143% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €170k ▲18%
4 profitable years in a row build equity to €170k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €61k ▲147%
Operating result €74k, net result €61k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲74.4%
3 profitable years in a row build equity to €144k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 79 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Kasterlee · 1 establishment unit since 2017
Ground area
344 m²
Building footprint
318 m²
Volume, LiDAR
1,953 m³
Parcel 13017G0411/00S003, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geelsebaan 40, 2460 Kasterlee
since 20172.268.550.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017G0411/00S003 | Flanders | 344 m² | 1 · 318 m² | 12.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKasterlee2.268.550.084
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 8,947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
Scores and ratios are computed by Checked and are not a credit decision.