Skip to content

SEASTAR CAPITAL

Group · 19 companies

SEASTAR CAPITAL and the 18 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
19
all in Belgium
Countries
1
Belgium
Total assets
€232.4m
what the companies own together
Equity
€198.9m
the shareholders' buffer
Net result
€7.6m
profit or loss of the year
Staff (FTE)
119
in Belgium, social balance

Sum of the filed annual accounts of 19 of the 19 Belgian companies (financial years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

95/100 median score

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • SEASTAR CAPITAL5 subsidiaries
    BE 0685.867.204Parent
    No verdict€109.1m €108.8m 2025
    • CV VENTURES2 subsidiaries
      BE 1012.981.88690% per the accounts
      No verdict€11.2m €6.4m 2025
      • HEBIC
        BE 0437.193.549100% per the accounts
        Healthy · 99€2.9m €2.6m 2025
      • MOBIETEC
        BE 0877.841.090100% per the accounts
        Healthy · 97€6.5m €4.4m 2025
    • DESIGN VENTURES3 subsidiaries
      BE 0698.854.41583.33% per the accounts
      No verdict€6.0m €5.5m 2025
      • Ghekiere Immo
        BE 0537.396.034100% per the accounts
        No verdict€2.0m €316,836 2025
      • GHEKIERE INDUSTRIES
        BE 0467.103.005100% per the accounts
        Healthy · 62€2.7m €1.5m 2025
      • PERUSE
        BE 0849.907.763100% per the accounts
        Healthy · 89€465,902 €364,209 2025
    • INTERNATIONAL WOOD HOLDING8 subsidiaries
      BE 0847.051.213100% per the accounts
      No verdict€42.1m €36.9m 2025
      • FINIPAN
        BE 0435.178.226100% per the accounts
        Healthy · 83€418,972 €81,488 2025
      • Forma Belgium
        BE 0712.687.209100% per the accounts
        Healthy · 70€447,200 €375,322 2025
      • INTERNATIONAL WOOD PRODUCTS
        BE 0863.817.959100% per the accounts
        Healthy · 97€3.6m €2.9m 2025
      • Lamitrans
        BE 0462.129.081100% per the accounts
        Healthy · 97€1.0m €785,811 2025
      • Placabois
        BE 0405.435.35388.93% per the accounts
        Healthy · 89€4.4m €2.3m 2025
      • TRILAM
        BE 0727.836.728100% per the accounts
        No verdict€15.5m €6.0m 2025
      • VANCA-BELGIUM
        BE 0442.917.143100% per the accounts
        Healthy · 90€8.2m €6.6m 2025
      • WITON
        BE 0443.744.415100% per the accounts
        Healthy · 95€843,595 €627,429 2025
    • SEASTAR SHIPPING
      BE 1003.535.27490% per the accounts
      Healthy · 96€6.9m €6.9m 2025
    • STRATINVEST
      BE 0469.007.470100% per the accounts
      Healthy · 98€8.2m €5.5m 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

13

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. 1 director appointed, 1 director resigning
    Director changeVANCA-BELGIUM
  2. 1 director appointed, 1 director resigning
    Director changeFINIPAN
  3. 1 director appointed, 1 director resigning
    Director changeLamitrans
  4. 1 director appointed, 1 director resigning
    Director changeINTERNATIONAL WOOD PRODUCTS
  5. 1 director appointed, 1 director resigning
    Director changeINTERNATIONAL WOOD HOLDING
  6. 1 director appointed, 1 director resigning
    Director changeForma Belgium
  7. 1 director appointed, 1 director resigning
    Director changeTRILAM
  8. 2 directors appointed, 1 director resigning
    Director changePlacabois
  9. Change of permanent representative
    Director changeSEASTAR SHIPPING
  10. 1 director appointed, 1 director resigning
    Director changeHEBIC
  11. 1 director appointed, 1 director resigning
    Director changeMOBIETEC

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 01-11-2026

We would like to set cookies. That happens only with your consent. What we measure