SEYHAN
ActiveSEYHAN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €810k and a net result of €78k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-2
Solvency100=
Growth62=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 5.88 against 5.84 in 2024), and 16.5% 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 risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.5%
Return on assets
8%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-03-2026, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
59 d late
2024
48 d late
2023
on the day
2022
28 d late
2021
58 d late
2020
158 d early
2019
181 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.04M▲ 23.5%
2020 · €846k
2019: €1.06M
2020: €846k
2019 → 2021
EBIT margin
8.0%▲ 3.1pp
2020 · 5.0%
2019: 6.6%
2020: 5.0%
2019 → 2021
Net result
€78k▲ 6.5%
2024 · €73k
2019: €48k
2020: €26k
2021: €52k
2022: €71k
2023: €109k
2024: €73k
2019 → 2025
Working capital
€783k▲ 12.8%
2024 · €694k
2019: €320k
2020: €344k
2021: €427k
2022: €459k
2023: €663k
2024: €694k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.04M-
Equity€479k-€550k▲ 14.8%€660k▲ 19.9%€733k▲ 11.1%€810k▲ 10.6%
Operating result€84k-€101k▲ 20.4%€152k▲ 50.1%€107k▼ 29.6%€115k▲ 7.5%
Net result€52k-€71k▲ 36.8%€109k▲ 54.7%€73k▼ 33.2%€78k▲ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €971k
Fixed assets
€27k▼ 28.5%
Current assets
€944k▲ 12.6%
Equity and liabilities €971k
Equity
€810k▲ 10.6%
Debt
€160k▲ 11.8%
The debt ratio rises from 16.4% to 16.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€126k▲
2024 · €122k
Cash flow
€89k▲
2024 · €88k
Solvency
83.5%▼
2024 · 83.6%
Current ratio
5.88▲
2024 · 5.84
Quick ratio
5.58▼
2024 · 5.77
Debt / equity
0.20▲
2024 · 0.20
ROE
9.6%▼
2024 · 10.0%
ROA
8.0%▼
2024 · 8.3%
Interest coverage
81.68▲
2024 · 29.63
Debt
€160k▲
2024 · €144k
Debt ≤ 1 year
€160k▲
2024 · €144k
Income taxes
€46k▲
2024 · €30k
Staff costs
€3k▲
2024 · €3k
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€876k€971k▲
Fixed assets21/28€38k€27k▼
Tangible fixed assets22/27€38k€27k▼
Land and buildings22€1k€900▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€35k€25k▼
Financial fixed assets28€30€30=
Current assets29/58€838k€944k▲
Stocks and contracts in progress3€10k€49k▲
Stocks30/36€10k€49k▲
Amounts receivable within one year40/41€795k€838k▲
Trade receivables40€257k€195k▼
Other amounts receivable41€538k€643k▲
Cash at bank and in hand54/58€32k€56k▲
Deferred charges and accrued income490/1€1k€420▼
Equity and liabilities
Total equity and liabilities10/49€876k€971k▲
Equity10/15€733k€810k▲
Contributions10/11€19k€19k=
Reserves13€714k€792k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€712k€790k▲
Amounts payable17/49€144k€160k▲
Amounts payable within one year42/48€144k€160k▲
Trade debts44€111k€92k▼
Suppliers440/4€111k€92k▼
Taxes, remuneration and social security45€33k€42k▲
Taxes450/3€33k€42k▲
Other amounts payable47/48-€27k
Income statement
Code20242025
Non-recurring operating income76A€9k€2k▼
Remuneration, social security and pensions62€3k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€128k€131k▲
Operating profit (loss)9901€107k€115k▲
Financial income75/76B€10€10k▲
Recurring financial income75€10€10k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€103k€124k▲
Income taxes67/77€30k€46k▲
Profit (loss) for the period9904€73k€78k▲
Profit (loss) for the period to be appropriated9905€73k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€78k▲
Transfer to equity691/2€73k€78k▲
To other reserves6921€73k€78k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 01/10/2025
- Registered-office move, Vossellaan 18 -3290 Schaffen
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 59 days late
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €109k ▲54.7%
Operating result €152k, net result €109k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Equity above €500kEq €550k ▲14.8%
4 profitable years in a row build equity to €550k.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 181 days late
30-06
Financial
Weakest financial yearnet €26k ▼45.6%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 89 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 89 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 212 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 2007
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.
Vossellaan 183290 DiestGround area
679 m²
Building footprint
171 m²
Volume, LiDAR
650 m³
Parcel 24097F0061/00M002, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SEYHAN
since 20072.162.991.023
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24097F0061/00M002 | Flanders | 679 m² | 1 · 171 m² | 5.5 m · 1 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.
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ALL - KIT
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Peer · Eq €837k
Of 3,987 companies in sector 43310 we hold annual accounts for 1,736. 756 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2007
Fiscal year end30-06
Activities, NACEBEL
43310Plastering work
46711Wholesale of cars and light vans (up to 3.5 tonnes)
92340
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.