Summary
SETO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.2m and a net result of €526,132. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 40% of 6,680 sector peers (NACE 64, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SETO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders” (deed in Dutch)“Algemene vergadering te allen tijde zonder opgave van redenen met onmiddellijke ingang, kennisgeving aan raad van bestuur” (deed in Dutch)“Eerstvolgende algemene vergadering moet bevestigen, overblijvende bestuurders bij openval voor einde mandaat” (deed in Dutch)3 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of December at 20:00