Losses
-€41,390 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
SETHI
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €116,075 (2022)
€15,797▲ 113%
lowest -€28,742 (2014)
-€17,089▲ €7,212
peak €300,288 (2023)
€258,898▼ 6.2%
€177,378▼ 1.7%
Board2 names since 2019
-
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €7,416 to €15,797Loss of €17,089
Key points
from the 2025 annual accountsFilings
27 annual accounts since 1999
Ten of the last ten came late. The 2019 accounts came latest: 96 days after the end of the period.
Position in the sector
-€17,089
Lower net result than 92% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as SETHI has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 12,322 companies, not a prediction for SETHI. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464486874
2 directors appointed, 2 resignations
Appointments: and · Resignations: and · “La consultance informatique; L'exportation et l'importation de tous produits dans le domaine de…” (deed in French) · General meeting of 27-06-2024 · Gazette deed
First establishment
Penelopelaan 14, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SETHI Waterloo | €436,276 | €15,797 | 59.3% | - |
| COFRABEL Sint-Genesius-Rode | €429,492 | €15,412 | 77.9% | - |
| ANF BELGIQUE Namur | €430,500 | €14,868 | 50.6% | - |
| SVEPI Antwerp | €464,778 | €13,660 | 95.4% | - |
| BRAINSYS Rixensart | €309,954 | €16,873 | 51.2% | - |
| MDF875 Bredene | €375,025 | €18,870 | 88.6% | - |
| D.M. DYNAMIC CONSULTING Aartselaar | €363,651 | €13,776 | 82.2% | - |
These companies have the same main activity as SETHI: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €310,000 and €465,000, founded between 1995 and 2001.
Official details
Source: KBO- Status
- Active since 30-10-1998Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.089.446.5141190 Forest, since 02-12-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on SETHI
SETHI files the micro format. That format states no turnover. The gross margin fell from €77,204 in 2006 to €15,797 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SETHI
- What is the company number of SETHI?
- The company number of SETHI is 0464.486.874. The VAT number is the same number with BE in front: BE 0464.486.874.
- Where is SETHI based?
- The registered office is at Rue Bodrissart 58, 1410 Waterloo.Company details
- What does SETHI do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of SETHI?
- SETHI is a private limited company (BV).
- When was SETHI founded?
- SETHI was founded on 30-10-1998.
- Is SETHI still active?
- Yes, SETHI is an active enterprise in the KBO register.
- What is the turnover of SETHI?
- The turnover in financial year 2025 is ≈ €84,000. This figure is estimated from the gross margin of €15,797 and 73 comparable companies (NACE 62200). It probably lies between €41,000 and €170,000. It is a rough estimate.Financials
- Is SETHI profitable?
- In financial year 2025, SETHI made a loss of €17,089.
- Where can I find the annual accounts of SETHI?
- SETHI filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SETHI due?
- SETHI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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