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SEVEN SEAS

Active
Private limited companyfounded 201016 yrs activeGotevlietstraat 13, 8000 Brugge, BelgiumKBO/BCE: BE 0828.464.132

SEVEN SEAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.45M and a net result of €93k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
82 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.41 in 2024; short-term debt: 3.4% and cash: 1.1% of total assets), and 19.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
80.6%
Return on assets
2.2%
Age of the figures
9 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
elevated failure risk from 2 to 8 years 16 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
42 d early
2023
34 d early
2022
12 d early
2021
5 d early
2020
4 d early
2019
25 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€3.45M▲ 2.8%
2024 · €3.35M
2018: €2.69M 2019: €2.77M 2020: €2.92M 2021: €3.04M 2022: €3.17M 2023: €3.27M 2024: €3.35M
2018 → 2025
Total assets
€4.27M▼ 1.6%
2024 · €4.34M
2018: €4.96M 2019: €4.60M 2020: €4.54M 2021: €4.47M 2022: €4.48M 2023: €4.49M 2024: €4.34M
2018 → 2025
Net result
€93k▲ 16.6%
2024 · €80k
2018: €62k 2019: €74k 2020: €151k 2021: €120k 2022: €134k 2023: €99k 2024: €80k
2018 → 2025
Working capital
€-96k▼ 13.4%
2024 · €-84k
2018: €-251k 2019: €-548k 2020: €-183k 2021: €-152k 2022: €-584k 2023: €-2k 2024: €-84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€3.04M-€3.17M▲ 4.4%€3.27M▲ 3.1%€3.35M▲ 2.4%€3.45M▲ 2.8%
Operating result€161k-€163k▲ 1.1%€147k▼ 9.6%€120k▼ 18.5%€160k▲ 33.1%
Net result€120k-€134k▲ 11.4%€99k▼ 25.9%€80k▼ 19.9%€93k▲ 16.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €161k€161kNet result 2021: €120k€120kOperating result 2022: €163k€163kNet result 2022: €134k€134kOperating result 2023: €147k€147kNet result 2023: €99k€99kOperating result 2024: €120k€120kNet result 2024: €80k€80kOperating result 2025: €160k€160kNet result 2025: €93k€93k20212022202320242025
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.27M
Fixed assets €4.23M▼ 1.3%
Current assets €49k▼ 16.8%
Equity and liabilities €4.27M
Equity €3.45M▲ 2.8%
Debt €828k▼ 16.2%
The debt ratio falls from 22.8% to 19.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€217k
2024 · €178k
Cash flow
€151k
2024 · €137k
Solvency
80.6%
2024 · 77.2%
Current ratio
0.34
2024 · 0.41
Quick ratio
0.34
2024 · 0.41
Debt / equity
0.24
2024 · 0.29
ROE
2.7%
2024 · 2.4%
ROA
2.2%
2024 · 1.8%
Interest coverage
6.13
2024 · 3.82
Debt
€828k
2024 · €989k
Debt ≤ 1 year
€145k
2024 · €143k
Debt > 1 year
€663k
2024 · €838k
Income taxes
€31k
2024 · €-4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€4.34M€4.27M
Fixed assets21/28€4.28M€4.23M
Tangible fixed assets22/27€1.34M€1.29M
Land and buildings22€1.34M€1.29M
Financial fixed assets28€2.94M€2.94M=
Current assets29/58€59k€49k
Amounts receivable within one year40/41€12€0
Other amounts receivable41€12€0
Cash at bank and in hand54/58€59k€49k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€4.34M€4.27M
Equity10/15€3.35M€3.45M
Contributions10/11€300k€300k=
Reserves13€3.05M€3.15M
Distributable reserves133€3.05M€3.15M
Amounts payable17/49€989k€828k
Amounts payable after more than one year17€838k€663k
Financial debts170/4€273k€163k
Other amounts payable178/9€566k€500k
Amounts payable within one year42/48€143k€145k
Current portion of amounts payable after more than one year42€104k€109k
Trade debts44€7k€21
Suppliers440/4€7k€21
Taxes, remuneration and social security45€32k€35k
Taxes450/3€32k€35k
Accrued charges and deferred income492/3€7k€20k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€58k=
Other operating charges640/8€51k€22k
Gross operating margin9900€229k€239k
Operating profit (loss)9901€120k€160k
Financial income75/76B€2k€0
Recurring financial income75€2k€0
Financial charges65/66B€47k€35k
Recurring financial charges65€47k€35k
Profit (loss) for the period before taxes9903€76k€124k
Income taxes67/77€-4k€31k
Profit (loss) for the period9904€80k€93k
Profit (loss) for the period to be appropriated9905€80k€93k
Appropriation of the result
Profit (loss) to be appropriated9906€80k€93k
Transfer to equity691/2€80k€93k
To other reserves6921€80k€93k
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €151k ▲104%
Net result €151k, the highest in the series.
25-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
08-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are 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, Brugge · 1 establishment unit since 2010
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gotevlietstraat 138000 Brugge
Ground area
7,638 m²
Building footprint
2,364 m²
Volume, LiDAR
10,799 m³
Parcel 31810N0211/00E002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEVEN SEAS
Gotevlietstraat 13, 8000 BruggeFinancial service activities, except insurance and pension funding
since 20102.192.547.121
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31810N0211/00E002 Flanders 7,638 m² 1 · 2,364 m² 6.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,524 companies in sector 70200 we hold annual accounts for 52,566. 14,517 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-08-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.