SEYNAEVE MARC
ActiveSummary
SEYNAEVE MARC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €428k and a net result of €76k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-9
Solvency95▲+17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.4 in 2024; short-term debt: 26% and cash: 13.3% of total assets), and 30.4% 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+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 · 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
69.6%
Return on assets
12.3%
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 dateAge against the risk zone
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
29 d late
2023
30 d late
2022
25 d late
2021
25 d late
2020
26 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€428k▲ 21.6%
2024 · €352k
2018: €136k
2019: €149k
2020: €157k
2021: €198k
2022: €242k
2023: €282k
2024: €352k
2018 → 2025
Total assets
€615k▼ 8.4%
2024 · €671k
2018: €536k
2019: €425k
2020: €465k
2021: €463k
2022: €511k
2023: €502k
2024: €671k
2018 → 2025
Net result
€76k▼ 41.9%
2024 · €131k
2018: €85k
2019: €12k
2020: €53k
2021: €101k
2022: €104k
2023: €70k
2024: €131k
2018 → 2025
Working capital
€212k▲ 92.5%
2024 · €110k
2018: €-11k
2019: €-8k
2020: €-15k
2021: €14k
2022: €31k
2023: €60k
2024: €110k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€198k-€242k▲ 22.2%€282k▲ 16.4%€352k▲ 25.1%€428k▲ 21.6%
Operating result€140k-€133k▼ 5.0%€93k▼ 29.6%€167k▲ 78.8%€115k▼ 31.3%
Net result€101k-€104k▲ 2.9%€70k▼ 32.9%€131k▲ 87.2%€76k▼ 41.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €615k
Fixed assets
€243k ▼ 15.8%
Current assets
€372k ▼ 2.7%
Equity and liabilities €615k
Equity
€428k ▲ 21.6%
Debt
€187k ▼ 41.4%
Debt's share of the balance-sheet total falls from 47.5% to 30.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171k▼
2024 · €218k
Cash flow
€132k▼
2024 · €182k
Current ratio
2.32▲
2024 · 1.40
Quick ratio
2.30▲
2024 · 1.38
Debt to equity
0.44▼
2024 · 0.90
ROE
17.7%▼
2024 · 37.1%
ROA
12.3%▼
2024 · 19.5%
Interest coverage
11.29▼
2024 · 16.41
Debt ≤ 1 year
€160k▼
2024 · €272k
Debt > 1 year
€27k▼
2024 · €46k
Income taxes
€26k▲
2024 · €23k
Staff costs
€59k▲
2024 · €53k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€671k€615k▼
Fixed assets21/28€289k€243k▼
Tangible fixed assets22/27€289k€243k▼
Land and buildings22€193k€174k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€94k€66k▼
Current assets29/58€382k€372k▼
Stocks and contracts in progress3€6k€4k▼
Stocks30/36€6k€4k▼
Amounts receivable within one year40/41€321k€125k▼
Trade receivables40€155k€68k▼
Other amounts receivable41€166k€57k▼
Current investments50/53-€161k
Cash at bank and in hand54/58€54k€81k▲
Deferred charges and accrued income490/1€672€702▲
Equity and liabilities
Total equity and liabilities10/49€671k€615k▼
Equity10/15€352k€428k▲
Contributions10/11€6k€6k=
Reserves13€346k€422k▲
Distributable reserves133€346k€422k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€319k€187k▼
Amounts payable after more than one year17€46k€27k▼
Financial debts170/4€46k€27k▼
Amounts payable within one year42/48€272k€160k▼
Current portion of amounts payable after more than one year42€47k€20k▼
Financial debts43€8k€8k▼
Credit institutions430/8€8k€8k▼
Trade debts44€111k€72k▼
Suppliers440/4€111k€72k▼
Advances received on contracts in progress46€46k€8k▼
Taxes, remuneration and social security45€34€5▼
Taxes450/3€34€5▼
Other amounts payable47/48€60k€52k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€53k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€56k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€274k€233k▼
Operating profit (loss)9901€167k€115k▼
Financial income75/76B€105€3k▲
Recurring financial income75€105€3k▲
Financial charges65/66B€13k€15k▲
Recurring financial charges65€13k€15k▲
Profit (loss) for the period before taxes9903€154k€102k▼
Income taxes67/77€23k€26k▲
Profit (loss) for the period9904€131k€76k▼
Profit (loss) for the period to be appropriated9905€131k€76k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€76k▼
Transfer to equity691/2€71k€76k▲
To other reserves6921€71k€76k▲
Profit to be distributed694/7€60k€0▼
Directors or managers695€60k€0▼
The notes to these accounts (12 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €131k ▲87.2%
Operating result €167k, net result €131k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Equity above €200kEq €242k ▲22.2%
5 profitable years in a row build equity to €242k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Equity above €150kEq €157k ▲5.6%
3 profitable years in a row build equity to €157k.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Weakest financial yearnet €12k ▼85.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zwevegem · 1 establishment unit since 2008
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.
Kwadepoelstraat(Z) 438550 ZwevegemGround area
397 m²
Building footprint
92 m²
Volume, LiDAR
455 m³
Parcel 34042D0385/00M000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEYNAEVE MARC
since 20082.172.275.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042D0385/00M000 | Flanders | 397 m² | 1 · 92 m² | 7.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 45 EUR awarded · 45 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 endedSanitair installateur (so)
Similar companies · same sector, comparable size
SMART ELECTRIC PEETERS
BE 0788.778.363
Zoutleeuw · Eq €428,301
LIEVENS TECHNICS
BE 0474.985.937
Haaltert · Eq €428,055
ALAIN DANIELS
BE 0460.850.661
Brecht · Eq €428,698
SANITAIR DE WINTER
BE 0435.021.442
Brasschaat · Eq €427,780
Firma Robert Arens
BE 0407.925.184
Sankt Vith · Eq €428,863
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,200 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.