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SEES

Active
Private limited companyfounded 200818 yrs activeMosweg 2, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0895.277.930

SEES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €471k and a net result of €89k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 9386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
100 / 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+62
Solvency100▲+27
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 0.79 in 2024), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 2025
Solvency, return and age of the figures
Solvency
76.2%
Return on assets
14.5%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
1 d late
2021
2 d early
2020
on the day
2019
14 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€471k▲ 19.5%
2024 · €394k
2018: €226k 2019: €291k 2020: €327k 2021: €381k 2022: €439k 2023: €439k 2024: €394k
2018 → 2025
Total assets
€618k▲ 25.8%
2024 · €491k
2018: €500k 2019: €508k 2020: €527k 2021: €525k 2022: €554k 2023: €513k 2024: €491k
2018 → 2025
Net result
€89k▲ 240%
2024 · €26k
2018: €55k 2019: €65k 2020: €35k 2021: €55k 2022: €90k 2023: €30k 2024: €26k
2018 → 2025
Working capital
€82k
2024 · €-20k
2018: €-98k 2019: €-54k 2020: €-25k 2021: €-9k 2022: €12k 2023: €15k 2024: €-20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€381k-€439k▲ 15.1%€439k=€394k▼ 10.2%€471k▲ 19.5%
Operating result€80k-€130k▲ 63.0%€44k▼ 66.4%€37k▼ 14.1%€128k▲ 243%
Net result€55k-€90k▲ 64.9%€30k▼ 66.2%€26k▼ 13.7%€89k▲ 240%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €80k€80kNet result 2021: €55k€55kOperating result 2022: €130k€130kNet result 2022: €90k€90kOperating result 2023: €44k€44kNet result 2023: €30k€30kOperating result 2024: €37k€37kNet result 2024: €26k€26kOperating result 2025: €128k€128kNet result 2025: €89k€89k20212022202320242025
The operating result recovers in 2025; 2025 is 243% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €618k
Fixed assets €464k▲ 11.6%
Current assets €154k▲ 104%
Equity and liabilities €618k
Equity €471k▲ 19.5%
Debt €147k▲ 51.7%
The debt ratio rises from 19.7% to 23.8%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€151k
2024 · €56k
Cash flow
€112k
2024 · €45k
Solvency
76.2%
2024 · 80.3%
Current ratio
2.13
2024 · 0.79
Quick ratio
2.13
2024 · 0.79
Debt / equity
0.31
2024 · 0.25
ROE
19.0%
2024 · 6.7%
ROA
14.5%
2024 · 5.4%
Interest coverage
87.45
2024 · 46.71
Debt
€147k
2024 · €97k
Debt ≤ 1 year
€72k
2024 · €96k
Debt > 1 year
€45k
Income taxes
€37k
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€491k€618k
Fixed assets21/28€416k€464k
Tangible fixed assets22/27€415k€464k
Land and buildings22€402k€390k
Plant, machinery and equipment23€7k€8k
Furniture and vehicles24€6k€66k
Financial fixed assets28€500-
Current assets29/58€75k€154k
Amounts receivable within one year40/41€36k€35k
Trade receivables40€25k€35k
Other amounts receivable41€11k-
Cash at bank and in hand54/58€35k€110k
Deferred charges and accrued income490/1€3k€9k
Equity and liabilities
Total equity and liabilities10/49€491k€618k
Equity10/15€394k€471k
Contributions10/11€6k€6k=
Reserves13€368k€445k
Distributable reserves133€368k€445k
Profit (loss) carried forward14€20k€20k=
Amounts payable17/49€97k€147k
Amounts payable after more than one year17-€45k
Financial debts170/4-€45k
Amounts payable within one year42/48€96k€72k
Current portion of amounts payable after more than one year42-€10k
Financial debts43€7k€8k
Credit institutions430/8€7k€8k
Trade debts44€6k€11k
Suppliers440/4€6k€11k
Taxes, remuneration and social security45€18k€28k
Taxes450/3€18k€28k
Other amounts payable47/48€65k€14k
Accrued charges and deferred income492/3€1k€29k
Income statement Code20242025
Non-recurring operating income76A-€50
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€22k
Other operating charges640/8€4k€3k
Gross operating margin9900€60k€154k
Operating profit (loss)9901€37k€128k
Financial income75/76B€782-
Recurring financial income75€782-
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€37k€126k
Income taxes67/77€11k€37k
Profit (loss) for the period9904€26k€89k
Profit (loss) for the period to be appropriated9905€26k€89k
Appropriation of the result
Profit (loss) to be appropriated9906€46k€109k
Profit (loss) brought forward from the previous period14P€20k€20k=
Transfer from equity791/2€71k€13k
Transfer to equity691/2€26k€89k
To other reserves6921€26k€89k
Profit to be distributed694/7€71k€13k
Return on contributions (dividend)694€71k€13k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Liquidity triplescurrent ratio 2.13
Current ratio from 0.79 to 2.13; short-term debt falls from €96k to €72k.
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €26k ▼13.7%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
01-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-09
Financial Highest result since 2018net €90k ▲64.9%
Operating result €130k, net result €90k, both a record.
28-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
14-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Nieuwpoort · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Mosweg 28620 Nieuwpoort
Ground area
598 m²
Building footprint
142 m²
Volume, LiDAR
551 m³
Parcel 38402D0472/00S008, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mosweg 2, 8620 Nieuwpoort
Repair, maintenance and installation of machinery and equipment
since 20082.168.966.223
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38402D0472/00S008 Flanders 598 m² 1 · 142 m² 6.5 m · 1 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.

Similar companies · same sector, comparable size

Of 18,210 companies in sector 71111 we hold annual accounts for 6,293. 4,068 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-01-2008
Fiscal year end30-09
Activities, NACEBEL
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.