SEQ CONSULT
ActiveSummary
SEQ CONSULT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212,371 and a net result of €75,393. Equity has been growing by about 56% per year since 2023. Its solvency ranks better than 84% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-03-2023 Normal situation
- Activity
- Computer programming NACE 62100and 4 others
- Establishment unit
- 2.343.507.429 1730 Asse, since 17-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €96,924
- ▼ 2.4%
- Turnover
- ≈ €230,000
- estimated
- Profit
- €75,393
- ▼ 2.0%
- Equity
- €212,371
- ▲ 55.0%
- Total assets
- €245,522
- ▲ 45.5%
- 2025 accounts filed 17 days after the deadline
Score breakdownlowers riskLiquidity: current ratio 7.14, cash €146,364Sector: Computer programming, consultancy and related activities (NACE 62)Equity €212,371 (86.5% of total assets)Size: total assets €245,522Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 85% of them on solvency, 89% on liquidity, 82% on profitability and 81% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 3 accounts on average 15 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 17 days after the deadline Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403190.
Annual accounts 2025 filed on 17-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 3% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €5,494 | €5,406 | €1,562 |
| Depreciation and write-downs of the year | €221 | €1,085 | €1,874 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €125 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €221 | €1,085 | €1,874 | ▲ 72.8% |
| Other operating charges640/8 | - | €155 | €0 | ▼ 100% |
| Gross operating margin9900 | €74,317 | €99,327 | €96,924 | ▼ 2.4% |
| Operating profit (loss)9901 | €74,096 | €98,088 | €95,050 | ▼ 3.1% |
| Financial income75/76B | - | - | €2,705 | - |
| Recurring financial income75 | - | - | €2,705 | - |
| Financial charges65/66B | €47 | €1,183 | €2,520 | ▲ 113% |
| Recurring financial charges65 | €47 | €1,183 | €2,520 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | €74,049 | €96,904 | €95,234 | ▼ 1.7% |
| Income taxes67/77 | €15,027 | €19,948 | €19,841 | ▼ 0.5% |
| Profit (loss) for the period9904 | €59,022 | €76,956 | €75,393 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €59,022 | €76,956 | €75,393 | ▼ 2.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €89,786 | €168,756 | €245,522 | ▲ 45.5% |
| Fixed assets21/28 | €5,273 | €9,190 | €8,878 | ▼ 3.4% |
| Tangible fixed assets22/27 | €5,273 | €9,190 | €8,878 | ▼ 3.4% |
| Plant, machinery and equipment23 | €4,495 | €6,277 | €5,228 | ▼ 16.7% |
| Furniture and vehicles24 | €778 | €2,914 | €3,651 | ▲ 25.3% |
| Current assets29/58 | €84,513 | €159,566 | €236,644 | ▲ 48.3% |
| Amounts receivable after more than one year29 | - | - | €66,198 | - |
| Other amounts receivable291 | - | - | €66,198 | - |
| Amounts receivable within one year40/41 | €16,243 | €19,025 | €16,628 | ▼ 12.6% |
| Trade receivables40 | €16,243 | €19,025 | €16,389 | ▼ 13.9% |
| Other amounts receivable41 | - | - | €239 | - |
| Cash at bank and in hand54/58 | €68,270 | €132,091 | €146,364 | ▲ 10.8% |
| Deferred charges and accrued income490/1 | - | €8,450 | €7,454 | ▼ 11.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €89,786 | €168,756 | €245,522 | ▲ 45.5% |
| Equity10/15 | €60,022 | €136,978 | €212,371 | ▲ 55.0% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €59,022 | €135,978 | €211,371 | ▲ 55.4% |
| Amounts payable17/49 | €29,764 | €31,778 | €33,151 | ▲ 4.3% |
| Amounts payable within one year42/48 | €29,764 | €31,778 | €33,151 | ▲ 4.3% |
| Trade debts44 | €3,748 | €2,544 | €219 | ▼ 91.4% |
| Suppliers440/4 | €3,748 | €2,544 | €219 | ▼ 91.4% |
| Taxes, remuneration and social security45 | €25,773 | €28,786 | €31,350 | ▲ 8.9% |
| Taxes450/3 | €25,773 | €28,786 | €31,350 | ▲ 8.9% |
| Other amounts payable47/48 | €243 | €449 | €1,581 | ▲ 252% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,022 | €76,956 | €75,393 | ▼ 2.0% |
| + Depreciation and write-downs630 | €221 | €1,085 | €1,874 | ▲ 72.8% |
| Operating cash flow (approximation) | €59,243 | €78,041 | €77,268 | ▼ 1.0% |
| Investment in fixed assets (approximation) | - | -€5,002 | -€1,562 | ▲ 68.8% |
| Change in cash | - | €63,820 | €14,273 | ▼ 77.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as SEQ CONSULT has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SEQ CONSULT itself is lower: < 0.1% within 12 months. It rests on far more data about SEQ CONSULT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SEQ CONSULT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- RUTANGA Peter Muyango 100 shares (100%) · €1,000
Capital transactions
- 21-03-2023 Incorporation · €1,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 21-03-2023 (in Dutch)
Network & group
SEQ CONSULT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SEQ CONSULT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-03
Gazette deed
IncorporationStarting capital €1,000 · Appointment: RUTANGA Peter Muyango (director) · Founder9 points ▸
- Incorporation, “SEQ CONSULT” (deed in Dutch)
- Founder, RUTANGA Peter Muyango
- Founding capital, €1,000
- RUTANGA Peter Muyango holds all the shares
- Capital
- Registered office clause, “1730 Asse,Potteel 34, 1730 Asse,Potteel 34” (deed in Dutch)
- Director appointment, RUTANGA Peter Muyango (director (not named in the articles))
- Other provision, “UBO-register mededeling, comparant op hoogte van verplichting bestuurder(s) om binnen maand na oprichting nodige te doen of onder verantwoordelijkheid te laten…” (deed in Dutch)
- Power of attorney, Robbe Tack
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
25 activities
- Het verschaffen van dienstprestaties van bedrijfseconomische,informatica-technische,commerciële,juridische,financiële,technische,logistieke of administratieve aard ter ondersteuning van het beleid van binnen-of buitenlandse ondernemingen;overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
- Het uitvoeren van alle opdrachten,management en consultancy,participatie onder de vorm van organisatiestudies,expertises,raadgevingen op alle gebied bij ondernemingen en dit in de ruimste zin
- Het uitvoeren van roerende en onroerende beleggingen voor eigen rekening
- Het verstrekken van advies en bijstand met betrekking tot het beheer en management van vennootschappen;het geven van opleidingssessies en consultancy in bedrijven;training & coaching in de brede zin van het woord
- Het waarnemen van alle bestuursopdrachten en het uitoefenen van mandaten van bestuurder,zaakvoerder,volmacht drager,mandataris,manager,directeur of vereffenaar
- Het verlenen van adviezen in de ruimste zin,voornamelijk van financiële,technische commerciële of administratieve aard
- Overige gespecialiseerde wetenschappelijke en technische activiteiten,niet eerder genoemd
- Reclamebureaus
- Activiteiten van grafische designers
- Overige diensten op het gebied van informatietechnologie en computer
- Haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden. Daartoe mag zij alle onroerende,roerende en financiële handelingen verrichten,zoals onder meer aankopen en verkopen van roerende en onroerende goederen,onroerende goederen uitrusten,opschikken,ordenen,valoriseren,verkavelen,huren en verhuren,doen bouwen en verbouwen en alle mogelijke onroerende handelingen in de meest brede zin,van welke aard ook,met inbegrip van de onroerende leasing,te gelde maken en beleggen in effecten en alle andere waarde-elementen
- Software/applicaties te ontwikkelen,te reproduceren,te vertalen,te bewerken,te distribueren,te exploiteren,te commercialiseren,te licentiëren of online als service aan te bieden;ontwikkeling van software
- Verschaffen van informatie en advies over reizen
- Organiseren van reizen en excursies van kortere duur,regelen van reizen op maat,onderdak en vervoer van reizigers en toeristen
- Vakantieverblijven en andere accommodatie voor kort verblijf
- Het verlenen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie
- Het verlenen van adviezen en hulp op gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan bedrijfsleiding,advies voor bedrijfsbeheer en bedrijfsvoering enzovoort
- Het inrichten,organiseren en geven van allerhande opleidingen en trainingen bij middel van alle mogelijke voordrachten,cursussen,seminaries,workshops,ontwikkelingsactiviteiten en publicaties op het vlak van de meest uiteenlopende activiteiten
- Het verwerven,inrichten,ter beschikking stellen,huren en verhuren van allerhande ruimten en zalen waarin hogervermelde activiteiten kunnen plaatsgrijpen of uitgeoefend worden alsmede van het materiaal dienstig daarvoor,het organiseren en verlenen van diensten op het vlak van de bovenvermelde sectoren zoals onder meer marketing,verkoopspromotie,design,advertising,opiniepeilingen en marktonderzoek
- Adviesverlening in diverse disciplines wat betreft energie,stabiliteit,design en veiligheid;geven van opleidingen en lesgeven
- Overige vormen van onderwijs
- Het geven van opleidingen in de meest ruime zin
- Trainer-adviseur:adviesverlening,samenstellen van opleidingen en de begeleiding bij het volgen ervan en dit zowel individueel als in groep,opleidingen,workshops,enzovoort
- Begeleiding bieden en advies verlenen in de meest ruime zin
- Het organiseren van evenementen in de meest ruime zin
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23322E0310/00C000 | Flanders | 698 m² | 1 · 107 m² | 8.0 m · 2 |