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SEVASA

Active
Private limited companyfounded 201412 yrs activeVarenblok 10, 2650 Edegem, BelgiumKBO/BCE: BE 0561.908.231
Summary

SEVASA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18,550 and a net result of €53,476. Equity is shrinking by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency48▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.33 in 2023; short-term debt: 76.7% and cash: 65.3% of total assets), and 76.9% of the assets are financed with debt.
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Signals

Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
23.1%
Return on assets
66.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 20780 sector peers (2024).
NBB · sector comparison
Position among 20780 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
32 d early
2021
30 d early
2020
26 d early
2019
4 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

SEVASA was incorporated on 12 September 2014.1 The registered office was moved to Edegem in 2026.2 Total assets went from EUR 76,320 in 2018 to EUR 80,379 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 04-09-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€18,550=
2023 · €18,550
Total assets
€80,379▲ 22.2%
2023 · €65,758
Net result
€53,476▼ 1.1%
2023 · €54,062
Working capital
€17,141▲ 9.6%
2023 · €15,636
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€49,871▲ 26.9%€62,667▲ 25.7%€63,939▲ 2.0%€66,543▲ 4.1%€69,800▲ 4.9%
Net result€39,178▲ 32.8%€53,103▲ 35.5%€53,463▲ 0.7%€54,062▲ 1.1%€53,476▼ 1.1%
Equity€124,596▲ 37.2%€18,550▼ 85.1%€18,550=€18,550=€18,550=
Total assets€139,922▲ 31.9%€181,301▲ 29.6%€79,199▼ 56.3%€65,758▼ 17.0%€80,379▲ 22.2%
Debt€15,325▲ 0.1%€162,751▲ 962%€60,649▼ 62.7%€47,208▼ 22.2%€61,829▲ 31.0%
Working capital€117,781▲ 33.0%€11,818▼ 90.0%€14,033▲ 18.7%€15,636▲ 11.4%€17,141▲ 9.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2020: €49,871€49,871Net result 2020: €39,178€39,178Operating result 2021: €62,667€62,667Net result 2021: €53,103€53,103Operating result 2022: €63,939€63,939Net result 2022: €53,463€53,463Operating result 2023: €66,543€66,543Net result 2023: €54,062€54,062Operating result 2024: €69,800€69,800Net result 2024: €53,476€53,47620202021202220232024€0€20,000€40,000€60,000Operating result 2022: €63,939€63,900Net result 2022: €53,463€53,500Operating result 2023: €66,543€66,500Net result 2023: €54,062€54,100Operating result 2024: €69,800€69,800Net result 2024: €53,476€53,500202220232024
The operating result has risen four years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80,379
Fixed assets €1,608 ▼ 44.8%
Current assets €78,771 ▲ 25.3%
Equity and liabilities €80,379
Equity €18,550 =
Debt €61,829 ▲ 31.0%
Debt's share of the balance-sheet total rises from 71.8% to 76.9%. Debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€71,107▲
2023 · €68,146
Cash flow
€54,782▼
2023 · €55,665
Current ratio
1.28▼
2023 · 1.33
Debt to equity
3.33▲
2023 · 2.54
ROE
288.3%▼
2023 · 291.4%
ROA
66.5%▼
2023 · 82.2%
Interest coverage
280.61▼
2023 · 875.01
Debt ≤ 1 year
€61,630▲
2023 · €47,208
Income taxes
€16,080▲
2023 · €12,403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€65,758€80,379▲
Fixed assets21/28€2,914€1,608▼
Tangible fixed assets22/27€2,914€1,608▼
Furniture and vehicles24€2,914€1,608▼
Current assets29/58€62,843€78,771▲
Amounts receivable within one year40/41€28,586€25,319▼
Trade receivables40€28,586€25,319▼
Cash at bank and in hand54/58€33,782€52,479▲
Deferred charges and accrued income490/1€475€973▲
Equity and liabilities
Total equity and liabilities10/49€65,758€80,379▲
Equity10/15€18,550€18,550=
Contributions10/11€18,550€18,550=
Amounts payable17/49€47,208€61,829▲
Amounts payable within one year42/48€47,208€61,630▲
Financial debts43€7€8▲
Credit institutions430/8€7€8▲
Trade debts44€564€735▲
Suppliers440/4€564€735▲
Taxes, remuneration and social security45€3,276€3,714▲
Taxes450/3€3,276€3,714▲
Other amounts payable47/48€43,361€57,172▲
Accrued charges and deferred income492/3-€199
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,602€1,306▼
Other operating charges640/8€685€713▲
Gross operating margin9900€68,830€71,819▲
Operating profit (loss)9901€66,543€69,800▲
Financial income75/76B€0€9▲
Recurring financial income75€0€9▲
Financial charges65/66B€78€253▲
Recurring financial charges65€78€253▲
Profit (loss) for the period before taxes9903€66,465€69,556▲
Income taxes67/77€12,403€16,080▲
Profit (loss) for the period9904€54,062€53,476▼
Profit (loss) for the period to be appropriated9905€54,062€53,476▼
Appropriation of the result
Profit (loss) to be appropriated9906€54,062€53,476▼
Profit to be distributed694/7€54,062€53,476▼
Return on contributions (dividend)694€40,235€53,476▲
Other beneficiaries697€13,827-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,328€4,731€3,618€1,602€1,306▼ 18.5%
Other operating charges640/8-€788€649€685€713▲ 4.1%
Gross operating margin9900€52,978€68,187€68,207€68,830€71,819▲ 4.3%
Operating profit (loss)9901€49,871€62,667€63,939€66,543€69,800▲ 4.9%
Financial income75/76B--€0€0€9▲ 89,900%
Recurring financial income75€0-€0€0€9▲ 89,900%
Financial charges65/66B-€326€295€78€253▲ 225%
Recurring financial charges65€438€326€295€78€253▲ 225%
Profit (loss) for the period before taxes9903€49,433€62,341€63,644€66,465€69,556▲ 4.6%
Income taxes67/77€10,255€9,238€10,181€12,403€16,080▲ 29.6%
Profit (loss) for the period9904€39,178€53,103€53,463€54,062€53,476▼ 1.1%
Profit (loss) for the period to be appropriated9905€39,178€53,103€53,463€54,062€53,476▼ 1.1%
Line20202021202220232024Change
Assets
Total assets20/58€139,922€181,301€79,199€65,758€80,379▲ 22.2%
Fixed assets21/28€6,815€6,732€4,517€2,914€1,608▼ 44.8%
Tangible fixed assets22/27€6,815€6,732€4,517€2,914€1,608▼ 44.8%
Furniture and vehicles24-€6,732€4,517€2,914€1,608▼ 44.8%
Current assets29/58€133,106€174,569€74,682€62,843€78,771▲ 25.3%
Amounts receivable within one year40/41€27,117€32,617€43,769€28,586€25,319▼ 11.4%
Trade receivables40-€32,354€42,950€28,586€25,319▼ 11.4%
Other amounts receivable41-€262€819---
Current investments50/53-€99,997----
Cash at bank and in hand54/58€105,989€41,955€30,913€33,782€52,479▲ 55.3%
Deferred charges and accrued income490/1---€475€973▲ 105%
Equity and liabilities
Total equity and liabilities10/49€139,922€181,301€79,199€65,758€80,379▲ 22.2%
Equity10/15€124,596€18,550€18,550€18,550€18,550=
Contributions10/11-€18,550€18,550€18,550€18,550=
Reserves13€118,396-----
Amounts payable17/49€15,325€162,751€60,649€47,208€61,829▲ 31.0%
Amounts payable within one year42/48€15,325€162,751€60,649€47,208€61,630▲ 30.6%
Financial debts43--€4€7€8▲ 26.5%
Credit institutions430/8--€4€7€8▲ 26.5%
Trade debts44€1,000€641€1,304€564€735▲ 30.5%
Suppliers440/4-€641€1,304€564€735▲ 30.5%
Taxes, remuneration and social security45-€2,135€2,574€3,276€3,714▲ 13.4%
Taxes450/3-€2,135€2,574€3,276€3,714▲ 13.4%
Other amounts payable47/48-€159,974€56,767€43,361€57,172▲ 31.9%
Accrued charges and deferred income492/3----€199-
Line20202021202220232024Change
Profit (loss) for the period9904€39,178€53,103€53,463€54,062€53,476▼ 1.1%
+ Depreciation and write-downs630€2,328€4,731€3,618€1,602€1,306▼ 18.5%
Operating cash flow (approximation)€41,506€57,835€57,082€55,665€54,782▼ 1.6%
Investment in fixed assets (approximation)--€4,648-€1,403€0€0-
Change in cash--€64,034-€11,042€2,869€18,697▲ 552%

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

2026
04-09
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 25-08-2026
  • Registered-office move, Varenblok 10 bus 4, 2650 Edegem
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €54,062 ▲1.1%
Net result €54,062, the highest in the series.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100,000Eq €124,596 ▲37.2%
3 profitable years in a row build equity to €124,596.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
07-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
2,014 m²
Building footprint
214 m²
Volume, LiDAR
1,844 m³
Parcel 11013A0010/00W003, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Sevasa
Varenblok 10, 2650 EdegemIT consultancy
since 20142.234.965.419
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11013A0010/00W003 Flanders 2,014 m² 1 · 214 m² 10.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 12,687 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming

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