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Seven Seas

Active
Private limited companyfounded 2013active for 13 yearsAmand De Vosstraat 3, 9160 Lokeren, BelgiumKBO/BCE: BE 0535.731.592
Summary

Seven Seas has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,743 and a net result of €26,396. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 41% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 17-06-2013 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 1 other
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-06-2025
Establishment unit
2.220.933.279 9160 Lokeren, since 12-08-2013
Financial year end
30 June
Peppol
Reachable since 06-01-2026

Board and ownership

Board
  • Merlina C. BVDirector · since 07-01-2021
Shareholders
  • Merlina C.· score 8630-06-2025 annual accounts of Merlina C.

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts to 30-06-2025
Gross margin
€99,292
▼ 21.3%
Turnover
≈ €460,000
estimated
Profit
€26,396
▲ 59.8%
Equity
€49,743
▲ 113%
Total assets
€172,648
▼ 11.1%
Employees on 30-06-2025
2
=
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €172,648lowers riskFounded in 2013Liquidity: current ratio 1.59, cash €18,265Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 54+17
equity 28.8% of total assets
Liquidity 33+18
short-term debt 58.8% · cash 10.6%
Profitability 76-3
return on assets 15.3%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 1.3% 01-2025: 1.6%▲ +0.3 percentage points vs 12-2024highest value 02-2025: 0.4%▼ -1.2 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.2 percentage points vs 12-2025 02-2026: 0.2%▼ -0.3 percentage points vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.6%▲ +0.4 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.3 percentage points vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.59 (1.11 in 2024), above the usual 1.5. Short-term debt is 58.8% and cash 10.6% of total assets. However, 71.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 39% of them on solvency, 30% on liquidity, 65% on profitability and 94% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €172,648
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.59, cash €18,265
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18192022232425
2018 to 2025 · latest year €49,743
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
1 day early
2022
on the day
2020
30 days late
2019
3 days early
2018
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Registered office moved from Lochristi to Lokeren
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Seven Seas: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €113,000 and €199,000, founded between 2011 and 2014.

CompanyTotal assetsGross margin
Seven Seas Lokeren€172,648€99,292
StrinnLab Gent€171,778€71,207
MULTIBATT Beloeil€156,892€117,489
PKM Ottignies-Louvain-la-Neuve€199,205€105,364
NEATWORK SOLUTIONS Kinrooi€146,946€75,046
FH Group Gent€112,888€61,280
TSJOENSTEF Overijse€141,303€78,002
Full comparison

Key facts about Seven Seas

What is the company number of Seven Seas?
The company number of Seven Seas is 0535.731.592. The VAT number is the same number with BE in front: BE 0535.731.592.
Where is Seven Seas based?
The registered office is at Amand De Vosstraat 3, 9160 Lokeren.Company details
What does Seven Seas do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of Seven Seas?
The legal form of Seven Seas is Private limited company (BV).
When was Seven Seas founded?
Seven Seas was founded on 17-06-2013.
Is Seven Seas still active?
Yes, Seven Seas is an active enterprise in the KBO register.
How many employees does Seven Seas have?
Seven Seas had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Seven Seas fall under?
In its 30-06-2025 annual accounts, Seven Seas states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Seven Seas?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €99,292 and 30 comparable companies (NACE 461). It probably lies between €240,000 and €1.1m.
Is Seven Seas profitable?
In financial year 2025, Seven Seas made a profit of €26,396.
Where can I find the annual accounts of Seven Seas?
Seven Seas filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Seven Seas due?
Seven Seas must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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