Turnover
≈ €59,000 estimated
The micro format states no turnover.
SETO
Lifetime
1 annual account with figurespeak €5,608 (2025)
€5,608
peak €3,669 (2025)
€3,669
peak €8,669 (2025)
€8,669
€11,429
Board1 name since 2025
1 director
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Registered office moved within Aalst 09-12Registered office moved from Merelbeke-Melle to Aalst 09-07Incorporation 16-051 establishment registeredFirst year with figures
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Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
2025 accounts filed 55 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as SETO has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 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 11,279 companies, not a prediction for SETO. 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
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Recent changes
New establishment in Aalst
Geraardsbergsestraat 32
Registered office moved within Aalst
New registered office: Hugo Lefèvrestraat 42 bus 1, 9300 Aalst · Previous registered office: Vrijheidstraat 74/9, 9300 Aalst · Board meeting of 22-10-2025 · Gazette deed
Registered office moved from Merelbeke-Melle to Aalst
New registered office: Vrijheidstraat 74 Bus 9, 9300 Aalst · Previous registered office: Brusselsesteenweg 75, 9090 Merelbeke-Melle · Board meeting of 13-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023314663
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SETO Aalst | €20,099 | €5,608 | 43.1% | - |
| Ô my shoes Tournai | €13,052 | €3,379 | 39.4% | - |
| ELITE OUTLET Schaerbeek | €27,836 | €12,010 | 55.6% | - |
| INVA Arlon | €21,982 | €21,747 | 29.9% | - |
| HAF Braine-l'Alleud | €49,120 | €5,690 | 40.6% | - |
| M.T.A.V. Châtelet | €15,000 | €23,970 | 50.7% | - |
| Ines M Molenbeek-Saint-Jean | €30,974 | €1,795 | 49.9% | - |
These companies have the same main activity as SETO: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €13,100 and €49,100, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 14-05-2025Normal situation
- Activity
- Retail sale of footwearNACE 47721and 7 others
- Establishment units
- 2.373.588.6149090 Merelbeke-Melle, since 14-05-2025
- 2.393.549.3339300 Aalst, since 01-09-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 09-07-2025
Insights on SETO
The 2025 annual accounts show equity of €8,669 and a net result of €3,669. Its solvency ranks better than 59% of 22,939 sector peers (NACE 47, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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 SETO
- What is the company number of SETO?
- The company number of SETO is 1023.314.663. The VAT number is the same number with BE in front: BE 1023.314.663.
- Where is SETO based?
- The registered office is at Hugo Lefèvrestraat 42, 9300 Aalst.Company details
- What does SETO do?
- According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
- What is the legal form of SETO?
- SETO is a private limited company (BV).
- When was SETO founded?
- SETO was founded on 14-05-2025.
- Is SETO still active?
- Yes, SETO is an active enterprise in the KBO register.
- What is the turnover of SETO?
- The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €5,608 and 118 comparable companies (NACE 477). It probably lies between €21,000 and €120,000. It is a rough estimate.Financials
- Is SETO profitable?
- In financial year 2025, SETO made a profit of €3,669.
- Where can I find the annual accounts of SETO?
- SETO filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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