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SEYCOM

Active
Private limited companyfounded 201115 yrs activeBurgem. Achiel Heymanstraat 73, 9140 Temse, BelgiumKBO/BCE: BE 0838.868.272
Summary

SEYCOM has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €124k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability82▲+7
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.71 against 3.47 in 2024; short-term debt: 11.6% and cash: 11.9% of total assets), and 16.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
83.9%
Return on assets
10.3%
Age of the figures
18 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 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
8 d late
2023
on the day
2022
12 d early
2021
2 d early
2020
8 d early
2019
6 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 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, micro schema

Equity
€1.02M▲ 10.2%
2024 · €921k
2019: €491klowest in 7 years 2020: €528k▲ +7.4% vs 2019 2021: €674k▲ +27.8% vs 2020 2022: €779k▲ +15.6% vs 2021 2023: €885k▲ +13.5% vs 2022 2024: €921k▲ +4.1% vs 2023 2025: €1.02M▲ +10.2% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.21M▲ 8.1%
2024 · €1.12M
2019: €876k 2020: €863k▼ -1.4% vs 2019lowest in 7 years 2021: €1.03M▲ +19.1% vs 2020 2022: €1.06M▲ +3.0% vs 2021 2023: €1.11M▲ +5.1% vs 2022 2024: €1.12M▲ +0.5% vs 2023 2025: €1.21M▲ +8.1% vs 2024highest in 7 years
2019 → 2025
Net result
€124k▲ 120%
2024 · €57k
2019: €60k 2020: €36k▼ -39.4% vs 2019lowest in 7 years 2021: €147k▲ +305% vs 2020highest in 7 years 2022: €105k▼ -28.5% vs 2021 2023: €105k▲ +0.4% vs 2022 2024: €57k▼ -46.2% vs 2023 2025: €124k▲ +120% vs 2024
2019 → 2025
Working capital
€380k▲ 17.5%
2024 · €324k
2019: €-13klowest in 7 years 2020: €-6k▲ +55.8% vs 2019 2021: €104k▲ +1885% vs 2020 2022: €170k▲ +64.2% vs 2021 2023: €277k▲ +63.0% vs 2022 2024: €324k▲ +16.7% vs 2023 2025: €380k▲ +17.5% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€674k-€779k▲ 15.6%€885k▲ 13.5%€921k▲ 4.1%€1.02M▲ 10.2% 2021: €674klowest in 5 years 2022: €779k▲ +15.6% vs 2021 2023: €885k▲ +13.5% vs 2022 2024: €921k▲ +4.1% vs 2023 2025: €1.02M▲ +10.2% vs 2024highest in 5 years
Operating result€192k-€127k▼ 34.0%€128k▲ 0.9%€58k▼ 54.7%€147k▲ 152% 2021: €192khighest in 5 years 2022: €127k▼ -34.0% vs 2021 2023: €128k▲ +0.9% vs 2022 2024: €58k▼ -54.7% vs 2023lowest in 5 years 2025: €147k▲ +152% vs 2024
Net result€147k-€105k▼ 28.5%€105k▲ 0.4%€57k▼ 46.2%€124k▲ 120% 2021: €147khighest in 5 years 2022: €105k▼ -28.5% vs 2021 2023: €105k▲ +0.4% vs 2022 2024: €57k▼ -46.2% vs 2023lowest in 5 years 2025: €124k▲ +120% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €192k€192kNet result 2021: €147k€147kOperating result 2022: €127k€127kNet result 2022: €105k€105kOperating result 2023: €128k€128kNet result 2023: €105k€105kOperating result 2024: €58k€58kNet result 2024: €57k€57kOperating result 2025: €147k€147kNet result 2025: €124k€124k20212022202320242025€0€50k€100k€150kOperating result 2023: €128k€128kNet result 2023: €105k€105kOperating result 2024: €58k€58kNet result 2024: €57k€57kOperating result 2025: €147k€147kNet result 2025: €124k€124k202320242025
The operating result recovers in 2025; 2025 is 152% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets €689k ▲ 3.7%
Current assets €521k ▲ 14.5%
Equity and liabilities €1.21M
Equity €1.02M ▲ 10.2%
Debt €194k ▼ 1.7%
Debt's share of the balance-sheet total falls from 17.7% to 16.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€175k▲
2024 · €85k
Cash flow
€153k▲
2024 · €84k
Current ratio
3.71▲
2024 · 3.47
Debt to equity
0.19▼
2024 · 0.21
ROE
12.2%▲
2024 · 6.1%
ROA
10.3%▲
2024 · 5.1%
Interest coverage
46.52▲
2024 · 26.35
Debt ≤ 1 year
€140k▲
2024 · €131k
Debt > 1 year
€54k▼
2024 · €67k
Income taxes
€40k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.12M€1.21M▲
Fixed assets21/28€664k€689k▲
Tangible fixed assets22/27€272k€297k▲
Land and buildings22€262k€281k▲
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€4k€8k▲
Financial fixed assets28€392k€392k=
Current assets29/58€455k€521k▲
Amounts receivable within one year40/41€445k€373k▼
Trade receivables40€310k€246k▼
Other amounts receivable41€135k€127k▼
Cash at bank and in hand54/58€5k€144k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.21M▲
Equity10/15€921k€1.02M▲
Contributions10/11€150k€150k=
Reserves13€582k€675k▲
Tax-exempt reserves132€42k€42k=
Distributable reserves133€540k€633k▲
Profit (loss) carried forward14€189k€190k▲
Amounts payable17/49€198k€194k▼
Amounts payable after more than one year17€67k€54k▼
Financial debts170/4€67k€54k▼
Amounts payable within one year42/48€131k€140k▲
Current portion of amounts payable after more than one year42€40k€41k▲
Trade debts44€27k€20k▼
Suppliers440/4€27k€20k▼
Taxes, remuneration and social security45€31k€25k▼
Taxes450/3€31k€25k▼
Other amounts payable47/48€33k€54k▲
Income statement Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€86k€176k▲
Operating profit (loss)9901€58k€147k▲
Financial income75/76B€21k€22k▲
Recurring financial income75€21k€22k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€76k€165k▲
Income taxes67/77€19k€40k▲
Profit (loss) for the period9904€57k€124k▲
Profit (loss) for the period to be appropriated9905€57k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€244k€313k▲
Profit (loss) brought forward from the previous period14P€187k€189k▲
Transfer from equity791/2€20k€30k▲
Transfer to equity691/2€55k€123k▲
To other reserves6921€55k€123k▲
Profit to be distributed694/7€20k€30k▲
Return on contributions (dividend)694€20k€30k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A----€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€30k€27k€27k€28k▲ 4.4%
Other operating charges640/8-€1k€1k€1k€2k▲ 29.8%
Gross operating margin9900€228k€158k€156k€86k€176k▲ 104%
Operating profit (loss)9901€192k€127k€128k€58k€147k▲ 152%
Financial income75/76B-€20k€21k€21k€22k▲ 2.9%
Recurring financial income75€20k€20k€21k€21k€22k▲ 2.9%
Financial charges65/66B-€5k€4k€3k€4k▲ 16.4%
Recurring financial charges65€6k€5k€4k€3k€4k▲ 16.4%
Profit (loss) for the period before taxes9903€206k€142k€145k€76k€165k▲ 117%
Income taxes67/77€59k€37k€40k€19k€40k▲ 107%
Profit (loss) for the period9904€147k€105k€105k€57k€124k▲ 120%
Profit (loss) for the period to be appropriated9905€205k€105k€105k€57k€124k▲ 120%
Line20212022202320242025Change
Assets
Total assets20/58€1.03M€1.06M€1.11M€1.12M€1.21M▲ 8.1%
Fixed assets21/28€744k€714k€687k€664k€689k▲ 3.7%
Tangible fixed assets22/27€352k€322k€295k€272k€297k▲ 9.1%
Land and buildings22-€302k€280k€262k€281k▲ 7.1%
Plant, machinery and equipment23-€8k€7k€6k€8k▲ 40.2%
Furniture and vehicles24-€13k€8k€4k€8k▲ 95.2%
Financial fixed assets28€392k€392k€392k€392k€392k=
Current assets29/58€284k€345k€426k€455k€521k▲ 14.5%
Amounts receivable within one year40/41€268k€328k€364k€445k€373k▼ 16.2%
Trade receivables40-€264k€278k€310k€246k▼ 20.6%
Other amounts receivable41-€64k€86k€135k€127k▼ 6.1%
Cash at bank and in hand54/58€12k€13k€58k€5k€144k▲ 3,080%
Deferred charges and accrued income490/1-€4k€3k€5k€4k▼ 35.0%
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.06M€1.11M€1.12M€1.21M▲ 8.1%
Equity10/15€674k€779k€885k€921k€1.02M▲ 10.2%
Contributions10/11-€150k€150k€150k€150k=
Reserves13€342k€443k€547k€582k€675k▲ 16.0%
Non-distributable reserves130/1-€15k€15k---
Reserves not available under the articles1311-€15k€15k---
Tax-exempt reserves132-€42k€42k€42k€42k=
Distributable reserves133-€386k€490k€540k€633k▲ 17.2%
Profit (loss) carried forward14€182k€186k€187k€189k€190k▲ 0.7%
Amounts payable17/49€354k€280k€228k€198k€194k▼ 1.7%
Amounts payable after more than one year17€172k€104k€80k€67k€54k▼ 19.4%
Financial debts170/4-€104k€80k€67k€54k▼ 19.4%
Amounts payable within one year42/48€180k€175k€148k€131k€140k▲ 7.3%
Current portion of amounts payable after more than one year42-€93k€55k€40k€41k▲ 0.4%
Trade debts44€13k€16k€25k€27k€20k▼ 24.7%
Suppliers440/4-€16k€25k€27k€20k▼ 24.7%
Taxes, remuneration and social security45-€22k€48k€31k€25k▼ 18.3%
Taxes450/3-€22k€48k€31k€25k▼ 18.3%
Other amounts payable47/48-€44k€20k€33k€54k▲ 66.7%
Accrued charges and deferred income492/3-€810€332---
Line20212022202320242025Change
Profit (loss) for the period9904€147k€105k€105k€57k€124k▲ 120%
+ Depreciation and write-downs630€35k€30k€27k€27k€28k▲ 4.4%
Operating cash flow (approximation)€181k€135k€132k€84k€153k▲ 82.4%
Investment in fixed assets (approximation)-€0€0€-4k€-53k▼ 1,197%
Change in cash-€636€45k€-53k€140k▲ 362%

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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
22-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Equity above €1MEq €1.02M ▲10.2%
7 profitable years in a row build equity to €1.02M.
2024
08-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
19-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Highest result since 2019net €147k ▲305%
Operating result €192k, net result €147k, both a record.
2020
23-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Weakest financial yearnet €36k ▼39.4%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-03
Financial Equity above €500kEq €528k ▲7.4%
2 profitable years in a row build equity to €528k.
2019
25-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
19-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
04-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
19-10
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.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Temse · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
5,144 m²
Building footprint
455 m²
Volume, LiDAR
4,142 m³
2 parcels, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Frank Van Dyckelaan 7, 9140 Temse
Financial service activities, except insurance and pension funding
since 20112.203.618.779
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B1190/00Y005 Flanders 3,377 m² 1 · 299 m² 16.4 m · 4 fl.
46026A0494/00G000 Flanders 1,767 m² 1 · 156 m² 7.0 m · 1 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 300 EUR awarded · 300 EUR paid
Year Entries awardedpaid
2022 1 300 EUR300 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 300 EUR · 300 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 27,675 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
Founded30-08-2011
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy

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