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SEYS & CO

Active
Private limited companyfounded 1986active for 40 yearsTorhoutsesteenweg 634, 8400 Oostende, BelgiumKBO/BCE: BE 0429.151.952
Summary

SEYS & CO has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527,976 and a net result of €286,013. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 78% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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SEYS & COActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€762,215total assets 2025
Staff
8.1 FTE
Equity
€527,976
Profit
€286,013
Turnover not published (abbreviated format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
SEYS JEAN - CLAUDE · 96%
2025 accounts on time5 deeds in the Belgian Official Gazette
Why 98raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.47, cash €206,412Equity €527,976 (69.3% of total assets)Founded in 1986Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 81% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 94+13
equity 69.3% of total assets
Liquidity 73+23
short-term debt 27.5% · cash 27.1%
Profitability 100+14
return on assets 37.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.47, compared with 1.46 in 2024, above the usual 1.5; short-term debt: 27.5% and cash: 27.1% of total assets), and 30.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 75% on solvency, 71% on liquidity, 92% on profitability and 85% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.47, cash €206,412
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €527,976 (69.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
16 days early
2023
on the day
2022
on the day
2021
6 days early
2020
31 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €286,013 ▲245%
  3. Equity above €500,000equity €527,976 ▲59%

Key points

  • Positive: Result rose in 2025from €82,926 to €286,013 ▲ 245% View
  • Positive: Among the best 9% on net resultsector median €27,020 · 9,791 companies €286,013 View
  • Positive: 8 profitable years in a rowprofit 2025: €286,013 8 years View
  • Controlled by SEYS JEAN - CLAUDE 96% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€762,215
Profit
€286,013
Solvency
69.3%
Total assets▲ 28.1%
Net result
20182025
Go to Financials

Timeline

Events
42
Since
1988
Next accounts
by 31-07-2027
  1. 15-07-2025Annual accounts filed
  2. 31-07-2024Annual accounts filed
  3. 31-12-2023Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
17-07-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SEYS & CO

What is the company number of SEYS & CO?
0429.151.952. In Belgium the VAT number is the company number with BE in front: BE 0429.151.952.
Where is SEYS & CO based?
The registered office is at Torhoutsesteenweg 634, 8400 Oostende.Company details
What does SEYS & CO do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of SEYS & CO?
Private limited company (BV).
When was SEYS & CO founded?
On 17-07-1986.
Is SEYS & CO still active?
Yes, SEYS & CO is an active enterprise in the KBO register.
How many employees does SEYS & CO have?
On average 8.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SEYS & CO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SEYS & CO profitable?
In financial year 2025, SEYS & CO made a profit of €286,013.
Where can I find the annual accounts of SEYS & CO?
SEYS & CO filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SEYS & CO due?
By 31-07-2027, for financial year 2026.Timeline

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