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Complete company report
Generated 28-06-2026
Active BE 0795.190.855Private limited company

SEPCAN

Kerkhovenweg 47 ·3970 Leopoldsburg, Belgium· 3 yrs active
Sector: NACE 90392 (90392)
Conclusion Checked

The computed 12-month bankruptcy probability of SEPCAN is 0.6% (low). The 2025 annual accounts show equity of €1k and a net result of €910. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 37 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €1k
Net result €910
Better than sector 10%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health56Profitability100Solvency5Growth58Stability94
63 / 100

Strong profile, led by profitability.

Health 56
Profitability 100
Solvency 5
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
56 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 30-01-2026 with the NBB · fiscal year 2025 · micro
€-2k€0€2kOperating result 2023: €-1k€-1kNet result 2023: €-1k€-1kOperating result 2024: €-329€-329Net result 2024: €-1k€-1kOperating result 2025: €3k€3kNet result 2025: €910€910202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
declining Equity: declining trend of ~9.6%/year over 3 fiscal years — indicative, assuming unchanged policy.
€0€500€1k€2k2026: €1k (€1k – €1k)2027: €1k (€949 – €1k)2028: €928 (€824 – €1k)2023: €2k2024: €3922025: €1k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 90 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 2.4% 49.2%
better than 10% of 37 sector peers
Net result €910 €8k
better than 30% of 37 sector peers
Equity €1k €19k
better than 10% of 37 sector peers
Gross operating margin €14k €19k
better than 40% of 37 sector peers
Total assets €53k €59k
better than 46% of 37 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€13k
+373.1% -76% vs sector
Net profit
€910
— -98% vs sector
Cash flow
€11k
+487.1% -73% vs sector
Total assets
€53k
+3.4% -36% vs sector
Equity
€1k
+232.0% -97% vs sector
Working capital
€-17k
-34.4% -154% vs sector
Income taxes
€1k
+253.8% -89% vs sector
Debt
€52k
+1.7% +142% vs sector
Debt ≤ 1y
€51k
-0.9% +136% vs sector
Current ratio
0.66
-12.0% -66% vs sector
Quick ratio
0.66
-12.0% -66% vs sector
Solvency
2.4%
+221.1% -96% vs sector
Debt / equity
39.97
-69.4% +8877% vs sector
ROE
69.9%
— +10% vs sector
ROA
1.7%
— -96% vs sector
Interest coverage
17.91
+252.8% -4% vs sector
Figures by fiscal year
Fiscal year2025
Revenue—
EBITDA€13k
Net profit€910
Cash flow€11k
Staff costs—
Income taxes€1k
Dividends—
Total assets€53k
Equity€1k
Debt€52k
of which ≤ 1y€51k
of which > 1y—
Working capital€-17k
Employees (FTE)—
Ratios (computed)
2025
Current ratio0.66
Quick ratio0.66
Working capital ratio-32.4%
Solvency2.4%
Debt / equity39.97
Long-term debt ratio—
Interest coverage17.91
Gross margin—
Net margin—
ROA1.7%
ROE69.9%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet — Assets
TOTAL ASSETS 20/58€53k
Fixed assets 21/28€20k
Tangible fixed assets 22/27€20k
Current assets 29/58€33k
Amounts receivable within one year 40/41€10k
Cash & bank 54/58€22k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€53k
Equity 10/15€1k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€-2k
Amounts payable 17/49€52k
Amounts payable within one year 42/48€51k
Trade debts payable within one year 44€981
Income statement
Gross operating margin 9900€14k
Operating result 9901€3k
Financial income 75€10
Financial charges 65€728
Result before taxes 9903€2k
Income taxes 67/77€1k
Net result for the period 9904€910
Result to be appropriated 9905€910
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 90392
Legal form Private limited company(610)
Incorporation21-12-2022
StatusActive
Postal code3970
Establishment units 1 location
SEPCAN
Kerkhovenweg 47, 3970 LeopoldsburgOntwerp en bouw van podia
since 20222.339.833.901
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71034A4028/00A000 Flanders 1,868 m² 1 · 104 m² 7.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
30-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
11-02-2025
State Gazette act Registered-office change
30-01-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2023
27-12-2023
NBB filing Annual accounts filed
fiscal year 2023 · verkort
12-05-2023
State Gazette act Registered-office change
Belgisch Staatsblad — acts 2 acts
Address history · 2
11-02-2025
Registered-office move
12-05-2023
Registered-office move
All acts · 2 updated 1 year ago
2025
11-02-2025 Registered office moved from Lommel to Leopoldsburg Registered-office change
  • 3920 Lommel, Donkerstraat 62 → Kerkhovenweg 47 te 3970 Leopoldsburg
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Kerkhovenweg 47 te 3970 Leopoldsburg",
        "city": "Leopoldsburg",
        "region": "vlaams_gewest",
        "street": "Kerkhovenweg",
        "country": "BE",
        "postcode": "3970",
        "box_number": null,
        "street_number": "47",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "3920 Lommel, Donkerstraat 62",
        "city": "Lommel",
        "region": "vlaams_gewest",
        "street": "Donkerstraat",
        "country": "BE",
        "postcode": "3920",
        "box_number": null,
        "street_number": "62",
        "locality_suffix": null
      },
      "effective_date": "2023-12-16",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-02-11",
    "filing_date": "2025-02-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-12-16",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0795.190.855",
    "name_full": "SEPCAN",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Cannaerts Seppe",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Annexes du Moniteur belge"
  ]
}
2023
12-05-2023 Registered office moved from Beringen to Lommel Registered-office change
  • 3583 Beringen, Tessenderlosesteenweg 77 bus 1 → Donkerstraat 62 te 3920 Lommel
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Donkerstraat 62 te 3920 Lommel",
        "city": "Lommel",
        "region": "vlaams_gewest",
        "street": "Donkerstraat",
        "country": "BE",
        "postcode": "3920",
        "box_number": null,
        "street_number": "62",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "3583 Beringen, Tessenderlosesteenweg 77 bus 1",
        "city": "Beringen",
        "region": "vlaams_gewest",
        "street": "Tessenderlosesteenweg",
        "country": "BE",
        "postcode": "3583",
        "box_number": "1",
        "street_number": "77",
        "locality_suffix": null
      },
      "effective_date": "2023-04-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-05-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-04-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0795.190.855",
    "name_full": "SEPCAN",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Cannaerts Seppe",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Ontwerp en bouw van podia90022Ontwerp en bouw van podia en decors90392Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Overige ondersteunende activiteiten voor de uitvoerende kunsten90029Ondersteunende activiteiten voor scheppende kunsten90032Creatie van beeldende kunsten90120Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg90399
Primary activity highlighted.
Names & trade names
Legal nameNL SEPCAN
Registered office
Kerkhovenweg 47
3970 Leopoldsburg, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative