SeTi
The computed 12-month bankruptcy probability of SeTi is 3.6% (moderate). The 2025 annual accounts show equity of €59k and a net result of €-3k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 12499 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €59k |
| Net result | €-3k |
| Better than sector | 93% |
| Active | 7 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.7% | 30.5% | |
| Net result | €-3k | €5k | |
| Equity | €59k | €30k | |
| Gross operating margin | €13k | €62k | |
| Staff costs | €180 | €56k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | -58.8% | -40.6% | +25.8% | +133.6% | - |
| Net profit | - | -62.8% | +51.1% | - | - |
| Cash flow | -54.2% | -40.3% | +29.2% | +158.0% | - |
| Staff costs | -35.7% | - | -100.0% | - | - |
| Income taxes | -100.0% | -50.3% | +46.5% | - | - |
| Dividends | - | - | - | - | - |
| Total assets | -19.7% | -8.0% | -1.2% | -27.1% | - |
| Equity | -4.1% | +18.9% | +88.8% | +174.7% | - |
| Debt | -59.4% | -41.5% | -38.0% | -44.0% | - |
| of which ≤ 1y | -59.5% | -42.6% | -38.7% | -43.8% | - |
| of which > 1y | - | - | - | -100.0% | - |
| Working capital | +487.9% | - | +59.5% | +35.1% | - |
| Employees (FTE) | - | - | -100.0% | 0.0% | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.11 | 1.08 | 0.50 | 0.24 | 0.34 |
| Quick ratio | 2.11 | 1.08 | 0.50 | 0.24 | 0.34 |
| Working capital ratio | 14.7% | 2.0% | -21.1% | -51.4% | -57.7% |
| Solvency | 85.7% | 71.7% | 55.5% | 29.0% | 7.7% |
| Debt / equity | 0.17 | 0.39 | 0.80 | 2.45 | 0.19 |
| Long-term debt ratio | - | - | - | 0.00 | 0.19 |
| Interest coverage | 9.27 | 13.68 | 18.22 | 10.48 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -3.6% | 11.4% | 28.2% | 18.5% | -0.5% |
| ROE | -4.2% | 15.9% | 50.9% | 63.6% | -6.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €69k | €87k | €94k | €95k | €131k |
| Fixed assets | 21/28 | €50k | €62k | €74k | €80k | €92k |
| Intangible fixed assets | 21 | €41k | €52k | €63k | €74k | €85k |
| Tangible fixed assets | 22/27 | €4k | €5k | €7k | €1k | €2k |
| Financial fixed assets | 28 | €5k | €5k | €5k | €5k | €5k |
| Current assets | 29/58 | €19k | €24k | €20k | €15k | €39k |
| Amounts receivable within one year | 40/41 | €3k | €5k | €3k | €2k | €2k |
| Cash & bank | 54/58 | €13k | €18k | €16k | €13k | €36k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €69k | €87k | €94k | €95k | €131k |
| Equity | 10/15 | €59k | €62k | €52k | €28k | €10k |
| Contributions / capital | 10/11 | €1k | €1k | €1k | €1k | - |
| Reserves | 13 | €61k | €61k | €51k | €27k | €10k |
| Accumulated profits (losses) | 14 | €-3k | €0 | €0 | €0 | €-653 |
| Amounts payable | 17/49 | €10k | €24k | €42k | €68k | €121k |
| Amounts payable after one year | 17 | - | - | - | €0 | €2k |
| Amounts payable within one year | 42/48 | €9k | €23k | €39k | €64k | €114k |
| Trade debts payable within one year | 44 | €4k | €5k | €7k | €4k | €5k |
| Income statement | ||||||
| Gross operating margin | 9900 | €13k | €28k | €47k | €40k | €21k |
| Operating result | 9901 | €-1k | €15k | €35k | €25k | €4k |
| Financial income | 75 | €154 | €40 | €32 | €18 | €1 |
| Financial charges | 65 | €1k | €2k | €3k | €4k | €5k |
| Result before taxes | 9903 | €-3k | €13k | €33k | €22k | €-653 |
| Income taxes | 67/77 | €0 | €3k | €6k | €4k | - |
| Net result for the period | 9904 | €-3k | €10k | €27k | €18k | €-653 |
| Result to be appropriated | 9905 | €-3k | €10k | €27k | €18k | €-653 |
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 16-07-2019 |
| Status | Active |
| Postal code | 2520 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0531/00F000 | Flanders | 248 m² | 1 · 113 m² | 9.2 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-05-2025 Registered office moved from Schilde to Oelegem
- Brasschaatsebaan 104 - 2970 Schilde → Achterstraat 46 te 2520 Oelegem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Achterstraat 46 te 2520 Oelegem",
"city": "Oelegem",
"region": "vlaams_gewest",
"street": "Achterstraat",
"country": "BE",
"postcode": "2520",
"box_number": null,
"street_number": "46",
"locality_suffix": null
},
"old_address": {
"raw": "Brasschaatsebaan 104 - 2970 Schilde",
"city": "Schilde",
"region": "vlaams_gewest",
"street": "Brasschaatsebaan",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "104",
"locality_suffix": "(SCH)"
},
"effective_date": "2025-05-15",
"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": "immediate",
"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": "nl",
"pub_date": "2025-05-23",
"filing_date": "2025-05-15",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2025-04-18",
"unanimous": null
},
"subject_company": {
"kbo": "0730.755.240",
"name_full": "SeTi",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Huygen Senne",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 23/05/2025- Annexes du Moniteur belge"
]
}| Legal nameNL | SeTi |