Seatstat
ActiveSummary
Seatstat has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €42k. Equity is growing by ~86.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency89▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.34 in 2024; short-term debt: 34.9% and cash: 2.8% of total assets), and 35.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
64.2%
Return on assets
29.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
29 d early
2023
16 d early
2022
24 d late
2021
43 d late
2020
83 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
€90k▲ 85.5%
2024 · €49k
2020: €-28k
2021: €-32k
2022: €-6k
2023: €16k
2024: €49k
2020 → 2025
Total assets
€141k▲ 70.1%
2024 · €83k
2020: €1k
2021: €1k
2022: €15k
2023: €33k
2024: €83k
2020 → 2025
Net result
€42k▲ 26.7%
2024 · €33k
2020: €-28k
2021: €-4k
2022: €26k
2023: €22k
2024: €33k
2020 → 2025
Working capital
€80k▲ 75.2%
2024 · €46k
2020: €-28k
2021: €-32k
2022: €-13k
2023: €12k
2024: €46k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-32k-€-6k▲ 80.7%€16k€49k▲ 207%€90k▲ 85.5%
Operating result€-4k-€26k€32k▲ 23.8%€45k▲ 41.0%€56k▲ 24.1%
Net result€-4k-€26k€22k▼ 14.2%€33k▲ 49.6%€42k▲ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€12k ▲ 289%
Current assets
€129k ▲ 61.9%
Equity and liabilities €141k
Equity
€90k ▲ 85.5%
Debt
€50k ▲ 48.0%
Debt's share of the balance-sheet total falls from 41.1% to 35.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €48k
Cash flow
€44k▲
2024 · €35k
Current ratio
2.63▲
2024 · 2.34
Debt to equity
0.56▼
2024 · 0.70
ROE
46.1%▼
2024 · 67.5%
ROA
29.6%▼
2024 · 39.7%
Interest coverage
24.12▼
2024 · 299.05
Debt ≤ 1 year
€49k▲
2024 · €34k
Income taxes
€17k▲
2024 · €15k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€141k▲
Fixed assets21/28€3k€12k▲
Tangible fixed assets22/27€3k€11k▲
Furniture and vehicles24€3k€11k▲
Financial fixed assets28€218€218=
Current assets29/58€80k€129k▲
Amounts receivable within one year40/41€72k€120k▲
Trade receivables40€14k€12k▼
Other amounts receivable41€58k€108k▲
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€83k€141k▲
Equity10/15€49k€90k▲
Contributions10/11€100€100=
Reserves13€49k€90k▲
Distributable reserves133€49k€90k▲
Amounts payable17/49€34k€50k▲
Amounts payable within one year42/48€34k€49k▲
Financial debts43-€2k
Other loans439-€2k
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€28k€42k▲
Taxes450/3€28k€42k▲
Accrued charges and deferred income492/3€0€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€50k€61k▲
Operating profit (loss)9901€45k€56k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€159€2k▲
Recurring financial charges65€159€2k▲
Profit (loss) for the period before taxes9903€47k€59k▲
Income taxes67/77€15k€17k▲
Profit (loss) for the period9904€33k€42k▲
Profit (loss) for the period to be appropriated9905€33k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€42k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€33k€42k▲
To other reserves6921€33k€42k▲
The notes to these accounts (15 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2020net €42k ▲26.7%
Operating result €56k, net result €42k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 5current ratio 1.70
Current ratio from 0.38 to 1.70; short-term debt falls from €21k to €17k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2020
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.
Sint-Annarei 108000 BruggeGround area
525 m²
Building footprint
314 m²
Volume, LiDAR
2,773 m³
Parcel 31005A0553/00D000, Flanders · tallest building 15.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Seatstat
since 20202.300.586.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0553/00D000 | Flanders | 525 m² | 1 · 314 m² | 15.6 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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G1
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,954 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
Founded27-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.