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SEUVARCO

Active
Private limited companyfounded 20242 yrs activeGullegemsestraat 58, 8880 Ledegem, BelgiumKBO/BCE: BE 1014.089.765
Summary

SEUVARCO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€30,099) and a net result of -€40,099. Its solvency ranks better than 5% of 484 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency12
Growth-
Track record67
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 9.46; short-term debt: 0.7% and cash: 5.4% of total assets), but equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-12.9%
Return on assets
-17.1%
Age of the figures
15 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
40 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SEUVARCO was incorporated on 25 September 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€40,099
Working capital
€13,826
Balance-sheet composition
Assets €234,038
Fixed assets €218,579
Current assets €15,459
Key figures and ratios
2025 value
EBITDA
-€14,319
Cash flow
-€16,713
Solvency
-12.9%
Current ratio
9.46
Debt to equity
-8.78
ROA
-17.1%
Interest coverage
-5.98
Debt
€264,137
Debt ≤ 1 year
€1,634
Debt > 1 year
€260,110

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€234,038
Fixed assets21/28€218,579
Intangible fixed assets21€48,469
Tangible fixed assets22/27€170,110
Land and buildings22€170,110
Current assets29/58€15,459
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€2,707
Other amounts receivable41€2,707
Cash at bank and in hand54/58€12,752
Equity and liabilities
Total equity and liabilities10/49€234,038
Equity10/15-€30,099
Contributions10/11€10,000
Profit (loss) carried forward14-€40,099
Amounts payable17/49€264,137
Amounts payable after more than one year17€260,110
Financial debts170/4€260,110
Other loans174€260,110
Amounts payable within one year42/48€1,634
Trade debts44€1,634
Suppliers440/4€1,634
Accrued charges and deferred income492/3€2,393
Income statement Code2025
Operating charges60/66A€37,705
Services and other goods61€13,494
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,386
Other operating charges640/8€825
Operating profit (loss)9901-€37,705
Financial charges65/66B€2,393
Recurring financial charges65€2,393
Debt charges650€2,393
Profit (loss) for the period before taxes9903-€40,099
Profit (loss) for the period9904-€40,099
Profit (loss) for the period to be appropriated9905-€40,099
Appropriation of the result
Profit (loss) to be appropriated9906-€40,099

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Operating charges60/66A€37,705
Services and other goods61€13,494
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,386
Other operating charges640/8€825
Operating profit (loss)9901-€37,705
Financial charges65/66B€2,393
Recurring financial charges65€2,393
Debt charges650€2,393
Profit (loss) for the period before taxes9903-€40,099
Profit (loss) for the period9904-€40,099
Profit (loss) for the period to be appropriated9905-€40,099
Line2025
Assets
Total assets20/58€234,038
Fixed assets21/28€218,579
Intangible fixed assets21€48,469
Tangible fixed assets22/27€170,110
Land and buildings22€170,110
Current assets29/58€15,459
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€2,707
Other amounts receivable41€2,707
Cash at bank and in hand54/58€12,752
Equity and liabilities
Total equity and liabilities10/49€234,038
Equity10/15-€30,099
Contributions10/11€10,000
Profit (loss) carried forward14-€40,099
Amounts payable17/49€264,137
Amounts payable after more than one year17€260,110
Financial debts170/4€260,110
Other loans174€260,110
Amounts payable within one year42/48€1,634
Trade debts44€1,634
Suppliers440/4€1,634
Accrued charges and deferred income492/3€2,393
Line2025
Profit (loss) for the period9904-€40,099
+ Depreciation and write-downs630€23,386
Operating cash flow (approximation)-€16,713

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
22-12
NBB filing Annual accounts filed
fiscal year 2025 · full schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ledegem · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
1.7 ha
Building footprint
1,131 m²
Volume, LiDAR
6,428 m³
2 parcels, Flanders · tallest building 27.5 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
SEUVARCO
Gullegemsestraat 58, 8880 LedegemCrop and animal production, hunting and related service activities
since 20242.364.891.771
Overheulestraat 357, 8560 Wevelgem
Crop and animal production, hunting and related service activities
since 20262.389.450.191
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36018B0475/00R000 Flanders 9,036 m² 1 · 214 m² 27.5 m · 4 fl.
34029A0001/00V000 Flanders 8,277 m² 1 · 917 m² 6.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wevelgem2.389.450.191
2 permissions
Fabrikant andere meststoffen · since 06-07-2026
Toelating · Boerderij - varkens · since 02-06-2026

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 587 companies in sector 01462 we hold annual accounts for 213. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-09-2024
Fiscal year end30-06
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014089765
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.