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Sethel Invest

Active
Private limited companyfounded 1988active for 38 yearsJozef de Vleminckstraat 4 B, 1853 Grimbergen, BelgiumKBO/BCE: BE 0433.383.528
Summary

Sethel Invest has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €111,430 and a net result of -€2,314. Equity has been shrinking by about 16% per year since 2019. Its solvency ranks better than 15% of 357 sector peers (NACE 73, financial year 2026). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 11-02-1988 Normal situation
Activity
Public relations and communication consultancy NACE 73300
Establishment unit
2.037.635.745 1853 Grimbergen, since 02-02-1996
Financial year end
30 April
Peppol
Not found in the Peppol Directory

Board and ownership

Shareholders
  • Established Services GmbHdeed of 16-10-2025

Financial position

64 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts to 30-04-2026
Gross margin
-€1,316
▲ 18.8%
Loss
€2,314
▲ 41.7%
Equity
€111,430
▼ 2.0%
Total assets
€1.3m
=
Score breakdownraises risk2 changes of registered office in 24 monthsEquity €111,430 (8.4% of total assets)lowers riskSize: total assets €1.3mLiquidity: current ratio 527.72, cash €364,712Show the evidence

Checked score

Score 2026
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2025
Average
Solvency 33-1
equity 8.4% of total assets
Liquidity 84+15
short-term debt 0.2% · cash 27.5%
Profitability 37=
return on assets -0.2%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,229 companies, NACE 73, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.5%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%▲ +0.2 percentage points vs 03-2025 05-2025: 1.4%▲ +0.6 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.3%▼ -0.1 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 2.4%▲ +1.1 percentage points vs 10-2025highest value 12-2025: 0.3%▼ -2.1 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +1.0 percentage point vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Short-term debt is 0.2% and cash 27.5% of total assets. 91.6% 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 73, micro). It does better than 19% of them on solvency, 76% on liquidity, 24% on profitability and 39% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-04-2026.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €111,430 (8.4% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €1.3m
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 · Liquidity: current ratio 527.72, cash €364,712
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 357 sector peers (2026).
NBB · sector comparison
Position among 357 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2026 was due by 30-11-2026 and was filed on 26-10-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
35 days early
2025
6 days early
2024
359 days late
2023
22 days early
2022
14 days late
2021
34 days early
2020
22 days late
← 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 43 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-04-2027 and is due by 30-11-2027. Nothing is late today. The company usually files around 24 November (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today30-04-2027 year end30-11-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 8 loss-making years in a rowloss in financial year 2026 -€2,314 View
  • Subsidiary with negative equityBEN HUR · loss of €64,507 in 2025 -€773,874 View
  • Caution: Lower solvency than 85% of companies in advertising and market researchsector median 54.8% · 357 companies 8.4% View

Recent changes

  1. · Gazette deed Publication in the Belgian Official Gazette
  2. · Gazette deed Registered office moved from Grimbergen to Strombeek-BeverNew registered office: Jozef De Vleminckstraat 4 B, 1853 Strombeek-Bever · Previous registered office: Temselaan 12, 1853 Grimbergen · Appointment: Maria del Rocio Martin Garcia (managing director)
  3. · Gazette deed Resignation: Boutjast Youssef (managing director)
All 17 events

Comparable companies

These companies have the same main activity as Sethel Invest: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €747,000 and €1.8m, founded between 1989 and 2001.

CompanyTotal assetsGross margin
Sethel Invest Grimbergen€1.3m-€0.001m
JVS MANAGEMENT Uccle€1.1m-€0.001m
S et T Halle€0.9m-€0.006m
Security Management Services Antwerp€1.3m-€0.004m
H Advisors Brussels Brussels€0.7m-€0.005m
ARCADIA INTERNATIONAL Mouscron€0.8m-€0.02m
ADIM INVEST Knokke-Heist€1.8m-€0.001m
Full comparison

Key facts about Sethel Invest

What is the company number of Sethel Invest?
The company number of Sethel Invest is 0433.383.528. The VAT number is the same number with BE in front: BE 0433.383.528.
Where is Sethel Invest based?
The registered office is at Jozef de Vleminckstraat 4 B, 1853 Grimbergen.Company details
What does Sethel Invest do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of Sethel Invest?
Sethel Invest is a private limited company (BV).
When was Sethel Invest founded?
Sethel Invest was founded on 11-02-1988.
Is Sethel Invest still active?
Yes, Sethel Invest is an active enterprise in the KBO register.
What is the turnover of Sethel Invest?
The annual accounts for financial year 2026 state no turnover.Financials
Is Sethel Invest profitable?
In financial year 2026, Sethel Invest made a loss of €2,314.
Where can I find the annual accounts of Sethel Invest?
Sethel Invest filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Sethel Invest due?
Sethel Invest must file the annual accounts for financial year 2027 by 30-11-2027.Timeline

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