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Seiton

Active
Private limited companyfounded 2019active for 7 yearsSlabbaardstraat-Zuid 51, 8870 Izegem, BelgiumKBO/BCE: BE 0728.642.719
Summary

Seiton has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.1m and a net result of €649,331. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
NACE 16210Wholesale of timber NACE 46832
1 site
Size
€3.9mtotal assets 2026
Staff
6.5 FTE
Equity
€1.1m
Profit
€649,331
Turnover not published (abbreviated or micro format)
Financial health
83 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts 127 days early0 of 4 deeds read
Why 83raises riskFounded in 2019lowers riskFigures for financial year 2026 (filed 26-06-2026)Profit of €649,331 (financial year 2026)Size: 6.5 FTE, total assets €3.9mShow the evidence

Checked score

Score 2026
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 16, micro)
Financial strength · tick = 2025
Strong
Solvency 54+11
equity 29.1% of total assets
Liquidity 47+7
short-term debt 28.8% · cash 6.6%
Profitability 90+13
return on assets 16.8%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,030 companies, NACE 16, micro)
Last 24 months 11-2024: 1.3%highest value 12-2024: 0.6%▼ -0.7 percentage points vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.1 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%▲ +0.1 percentage points vs 09-2025 11-2025: 1.2%▲ +0.3 percentage points vs 10-2025 12-2025: 0.5%▼ -0.7 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026lowest value 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%▼ -0.1 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.74, compared with 2.19 in 2025, above the usual 1.5; short-term debt: 28.8% and cash: 6.6% of total assets), but 70.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 16, micro): better than 38% on solvency, 37% on liquidity, 83% on profitability and 92% on growth.

The bankruptcy probability was computed on 18-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2026 (filed 26-06-2026)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €649,331 (financial year 2026)
NBB · annual accounts
lowers risk · Size: 6.5 FTE, total assets €3.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
212223242526
2021 to 2026 · latest year €1.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 26-06-2026, 127 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2026
127 days early
2025
on the day
2024
on the day
2023
151 days early
2022
32 days early
2021
97 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 68 days before the deadline; the sector median (NACE 16) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 filed years within 95 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Highest result from 2021 to 2026net €649,331 ▲117%
  3. Equity above €1mequity €1.1m ▲98.6%

Key points

  • Positive: Result rose in 2026from €299,209 to €649,331 ▲ 117% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2026: €649,331 6 years View

By topic

Financials

Financial year
2026
Total assets
€3.9m
Profit
€649,331
Solvency
29.1%
Total assets▲ 20.1%
Net result
20212026
Go to Financials

Timeline

Events
10
Since
2021
Next accounts
by 31-10-2027
  1. 31-10-2025Annual accounts filed
  2. 31-03-2025Equity above €500,000
  3. 31-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of wood and of products of wood…NACE 16210
Founded
19-06-2019
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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