Equity
€409,984 from €723,450 in 2024
Equity fell by 43% in 1 year.
SETY
Lifetime
15 annual accounts with figures on one time axispeak €417,705 (2024)
-€85,876▼ €503,581
lowest -€313,466 (2025)
-€313,466▼ €545,449
peak €723,450 (2024)
€409,984▼ 43.3%
€17,138▼ 78.0%
Board2 names since 2019
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €417,705 to -€85,876Loss of €313,466Equity from €723,450 to €409,984Debts from €77,803 to €17,138Investments €34,136Cash from €324,197 to €131,404
Key points
from the 2025 annual accountsResult
-€313,466 -€313,466
From profit to loss in 2025, after a profit of €231,982 in 2024.
Board
1 joined · 1 left
Board changed. Latest change 22-08-2026 · 1 in office.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 374 companies had the same profile as SETY has now. Each dot is one company, two years later.
91.7%
were still trading
7.2%
stopped another way
0.8%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 374 companies, not a prediction for SETY. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Resignation: (director)
Appointment: (director) · General meeting of 22-08-2026 · Gazette deed
Capital decrease of €72,000 to €18,600
Capital from €90,600 to €18,600 · Change of role: , from manager to director · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Incorporation
published on 28-06-2010 · Gazette deed
First establishment
Rue de la Croix 88, Braine-l'Alleud
Official details
Source: KBO- Status
- Active since 11-06-2010Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.188.999.5921420 Braine-l'Alleud, since 11-06-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on SETY
SETY files the micro format. That format states no turnover. The gross margin fell from €236,440 in 2011 to -€85,876 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 SETY
- What is the company number of SETY?
- The company number of SETY is 0826.723.278. The VAT number is the same number with BE in front: BE 0826.723.278.
- Where is SETY based?
- The registered office is at Avenue des Moines 29, 1420 Braine-l'Alleud.Company details
- What is the legal form of SETY?
- SETY is a private limited company (BV).
- When was SETY founded?
- SETY was founded on 11-06-2010.
- Is SETY still active?
- Yes, SETY is an active enterprise in the KBO register.
- What is the turnover of SETY?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SETY profitable?
- In financial year 2025, SETY made a loss of €313,466.
- Where can I find the annual accounts of SETY?
- SETY filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SETY due?
- SETY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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