SEDA
SEDA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.00M and a net result of €278k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €6.00M |
| Net result | €278k |
| Better than sector | 86% |
| Active | 36 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 75.1% | 16.2% | |
| Net result | €278k | €6k | |
| Equity | €6.00M | €167k | |
| Gross operating margin | €540k | €77k | |
| Employees (FTE) | 0.0 | 0.0 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €523k | €983k | €490k |
| Net profit | €278k | €572k | €238k |
| Cash flow | €478k | €820k | €450k |
| Staff costs | - | - | - |
| Income taxes | €23k | €23k | €8k |
| Dividends | - | - | - |
| Total assets | €7.99M | €7.70M | €7.15M |
| Equity | €6.00M | €5.72M | €5.16M |
| Debt | €1.66M | €1.71M | €1.91M |
| of which ≤ 1y | €383k | €240k | €227k |
| of which > 1y | €1.26M | €1.47M | €1.68M |
| Working capital | €1.09M | €1.26M | €821k |
| Employees (FTE) | 0.0 | 0.0 | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 3.85 | 6.23 | 4.61 |
| Quick ratio | 3.85 | 6.23 | 4.61 |
| Working capital ratio | 13.7% | 16.3% | 11.5% |
| Solvency | 75.1% | 74.3% | 72.2% |
| Debt / equity | 0.28 | 0.30 | 0.37 |
| Long-term debt ratio | 0.21 | 0.26 | 0.33 |
| Interest coverage | 80.44 | 120.18 | 49.21 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 3.5% | 7.4% | 3.3% |
| ROE | 4.6% | 10.0% | 4.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €7.99M | €7.70M | €7.15M |
| Fixed assets | 21/28 | €6.51M | €6.20M | €6.10M |
| Tangible fixed assets | 22/27 | €6.44M | €6.13M | €6.03M |
| Financial fixed assets | 28 | €69k | €69k | €69k |
| Current assets | 29/58 | €1.48M | €1.50M | €1.05M |
| Amounts receivable within one year | 40/41 | €10k | €4k | €21k |
| Investments | 50/53 | €1.13M | €1.40M | €900k |
| Cash & bank | 54/58 | €334k | €90k | €124k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.99M | €7.70M | €7.15M |
| Equity | 10/15 | €6.00M | €5.72M | €5.16M |
| Contributions / capital | 10/11 | €217k | €217k | €217k |
| Reserves | 13 | €5.78M | €5.51M | €4.95M |
| Provisions & deferred taxes | 16 | €325k | €262k | €75k |
| Amounts payable | 17/49 | €1.66M | €1.71M | €1.91M |
| Amounts payable after one year | 17 | €1.26M | €1.47M | €1.68M |
| Amounts payable within one year | 42/48 | €383k | €240k | €227k |
| Trade debts payable within one year | 44 | €134k | €21k | €11k |
| Income statement | ||||
| Gross operating margin | 9900 | €540k | €1,000k | €530k |
| Operating result | 9901 | €323k | €735k | €277k |
| Financial income | 75 | €48k | €43k | €3k |
| Financial charges | 65 | €6k | €8k | €10k |
| Result before taxes | 9903 | €364k | €770k | €271k |
| Income taxes | 67/77 | €23k | €23k | €8k |
| Net result for the period | 9904 | €278k | €572k | €238k |
| Result to be appropriated | 9905 | €87k | €46k | €162k |
| NACE primary | Development of residential building projects(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 08-12-1989 |
| Status | Active |
| Postal code | 8620 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402E0156/00X002 | Flanders | 813 m² | 1 · 182 m² | 8.0 m · 2 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-05-2022 Registered office moved within Nieuwpoort
- Albert I laan 229 : 8620 Nieuwpoort → Jozef Cardijnlaan 12 eveneens in Nieuwpoort
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": {
"raw": "Jozef Cardijnlaan 12 eveneens in Nieuwpoort",
"city": "Nieuwpoort",
"region": "vlaams_gewest",
"street": "Jozef Cardijnlaan",
"country": "BE",
"postcode": "8620",
"box_number": null,
"street_number": "12",
"locality_suffix": null
},
"old_address": {
"raw": "Albert I laan 229 : 8620 Nieuwpoort",
"city": "Nieuwpoort",
"region": "vlaams_gewest",
"street": "Albert I laan",
"country": "BE",
"postcode": "8620",
"box_number": null,
"street_number": "229",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Jo VILEYN",
"firm_city": null,
"firm_name": null,
"office_city": "Nieuwpoort",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-05-23",
"filing_date": "2022-05-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-04-27",
"unanimous": true
},
"subject_company": {
"kbo": "0439.009.924",
"name_full": "SEDA",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 23/05/2022 - Annexes du Moniteur belge"
]
}| Legal nameNL | SEDA |