SEYNA
ActiveSummary
SEYNA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €801k and a net result of €28k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-10
Solvency93▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.48 against 5.15 in 2024; short-term debt: 18.6% and cash: 13.1% of total assets), and 31.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
68.1%
Return on assets
2.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
5 d early
2022
26 d early
2021
9 d early
2020
3 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€801k▲ 3.6%
2024 · €773k
2019: €319klowest in 7 years
2020: €319k● +0.0% vs 2019
2021: €404k▲ +26.5% vs 2020
2022: €527k▲ +30.6% vs 2021
2023: €646k▲ +22.6% vs 2022
2024: €773k▲ +19.7% vs 2023
2025: €801k▲ +3.6% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.18M▲ 0.2%
2024 · €1.17M
2019: €854k
2020: €755k▼ -11.6% vs 2019
2021: €746k▼ -1.2% vs 2020lowest in 7 years
2022: €817k▲ +9.5% vs 2021
2023: €1.12M▲ +37.5% vs 2022
2024: €1.17M▲ +4.6% vs 2023
2025: €1.18M▲ +0.2% vs 2024highest in 7 years
2019 → 2025
Net result
€28k▼ 78.2%
2024 · €127k
2019: €151khighest in 7 years
2020: €9▼ -100.0% vs 2019lowest in 7 years
2021: €85k▲ +891914% vs 2020
2022: €123k▲ +45.7% vs 2021
2023: €119k▼ -3.4% vs 2022
2024: €127k▲ +6.9% vs 2023
2025: €28k▼ -78.2% vs 2024
2019 → 2025
Working capital
€760k▼ 0.2%
2024 · €762k
2019: €315klowest in 7 years
2020: €412k▲ +30.8% vs 2019
2021: €456k▲ +10.8% vs 2020
2022: €563k▲ +23.3% vs 2021
2023: €647k▲ +15.0% vs 2022
2024: €762k▲ +17.7% vs 2023highest in 7 years
2025: €760k▼ -0.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€404k-€527k▲ 30.6%€646k▲ 22.6%€773k▲ 19.7%€801k▲ 3.6%
2021: €404klowest in 5 years
2022: €527k▲ +30.6% vs 2021
2023: €646k▲ +22.6% vs 2022
2024: €773k▲ +19.7% vs 2023
2025: €801k▲ +3.6% vs 2024highest in 5 years
Operating result€119k-€192k▲ 60.5%€185k▼ 3.7%€134k▼ 27.4%€43k▼ 67.8%
2021: €119k
2022: €192k▲ +60.5% vs 2021highest in 5 years
2023: €185k▼ -3.7% vs 2022
2024: €134k▼ -27.4% vs 2023
2025: €43k▼ -67.8% vs 2024lowest in 5 years
Net result€85k-€123k▲ 45.7%€119k▼ 3.4%€127k▲ 6.9%€28k▼ 78.2%
2021: €85k
2022: €123k▲ +45.7% vs 2021
2023: €119k▼ -3.4% vs 2022
2024: €127k▲ +6.9% vs 2023highest in 5 years
2025: €28k▼ -78.2% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€198k ▼ 13.7%
Current assets
€979k ▲ 3.5%
Equity and liabilities €1.18M
Equity
€801k ▲ 3.6%
Provisions
€6k ▼ 8.2%
Debt
€370k ▼ 6.4%
Debt's share of the balance-sheet total falls from 33.6% to 31.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€87k▼
2024 · €182k
Cash flow
€71k▼
2024 · €175k
Current ratio
4.48▼
2024 · 5.15
Quick ratio
2.28▼
2024 · 2.36
Debt to equity
0.46▼
2024 · 0.51
ROE
3.5%▼
2024 · 16.5%
ROA
2.4%▼
2024 · 10.8%
Interest coverage
7.86▼
2024 · 13.90
Debt ≤ 1 year
€218k▲
2024 · €184k
Debt > 1 year
€151k▼
2024 · €209k
Income taxes
€9k▼
2024 · €39k
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 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.17M€1.18M▲
Fixed assets21/28€229k€198k▼
Intangible fixed assets21€22k€19k▼
Tangible fixed assets22/27€207k€179k▼
Land and buildings22€80k€67k▼
Plant, machinery and equipment23€17k€15k▼
Furniture and vehicles24€60k€4k▼
Other tangible fixed assets26€49k€92k▲
Current assets29/58€946k€979k▲
Stocks and contracts in progress3€513k€482k▼
Stocks30/36€513k€482k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€223k€186k▼
Trade receivables40€213k€154k▼
Other amounts receivable41€10k€32k▲
Cash at bank and in hand54/58€205k€155k▼
Deferred charges and accrued income490/1€5k€157k▲
Equity and liabilities
Total equity and liabilities10/49€1.17M€1.18M▲
Equity10/15€773k€801k▲
Contributions10/11€64k€64k=
Capital10€64k€64k=
Issued capital100€64k€64k=
Reserves13€709k€737k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€54k€52k▼
Distributable reserves133€649k€679k▲
Provisions and deferred taxes16€6k€6k▼
Deferred taxes168€6k€6k▼
Amounts payable17/49€395k€370k▼
Amounts payable after more than one year17€209k€151k▼
Financial debts170/4€209k€151k▼
Amounts payable within one year42/48€184k€218k▲
Current portion of amounts payable after more than one year42€61k€58k▼
Trade debts44€50k€161k▲
Suppliers440/4€50k€161k▲
Advances received on contracts in progress46€440-
Taxes, remuneration and social security45€22k-
Taxes450/3€22k-
Other amounts payable47/48€50k-
Accrued charges and deferred income492/3€3k€440▼
Income statement
Code20242025
Non-recurring operating income76A€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€44k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-26k€1k▲
Other operating charges640/8€31k€4k▼
Non-recurring operating charges66A-€9k
Gross operating margin9900€187k€102k▼
Operating profit (loss)9901€134k€43k▼
Financial income75/76B€45k€4k▼
Recurring financial income75€45k€4k▼
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€166k€36k▼
Transfer from deferred taxes780-€515
Transfer to deferred taxes680€0-
Income taxes67/77€39k€9k▼
Profit (loss) for the period9904€127k€28k▼
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€127k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€29k▼
Transfer to equity691/2€127k€29k▼
To other reserves6921€127k€29k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €25k | €1k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €35k | €32k | €48k | €44k | ▼ 9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €18k | - | €-26k | €1k | ▲ 105% |
| Other operating charges640/8 | - | €5k | €5k | €31k | €4k | ▼ 85.7% |
| Non-recurring operating charges66A | - | - | - | - | €9k | - |
| Gross operating margin9900 | €164k | €249k | €222k | €187k | €102k | ▼ 45.8% |
| Operating profit (loss)9901 | €119k | €192k | €185k | €134k | €43k | ▼ 67.8% |
| Financial income75/76B | - | €1k | €2k | €45k | €4k | ▼ 90.4% |
| Recurring financial income75 | €7k | €1k | €2k | €45k | €4k | ▼ 90.4% |
| Financial charges65/66B | - | €18k | €20k | €13k | €11k | ▼ 15.9% |
| Recurring financial charges65 | €12k | €18k | €20k | €13k | €11k | ▼ 15.9% |
| Profit (loss) for the period before taxes9903 | €115k | €175k | €167k | €166k | €36k | ▼ 78.0% |
| Transfer from deferred taxes780 | - | - | - | - | €515 | - |
| Transfer to deferred taxes680 | - | - | €6k | €0 | - | - |
| Income taxes67/77 | €30k | €52k | €41k | €39k | €9k | ▼ 76.0% |
| Profit (loss) for the period9904 | €85k | €123k | €119k | €127k | €28k | ▼ 78.2% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €2k | - |
| Transfer to tax-exempt reserves689 | - | - | €19k | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €85k | €123k | €100k | €127k | €29k | ▼ 77.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €746k | €817k | €1.12M | €1.17M | €1.18M | ▲ 0.2% |
| Fixed assets21/28 | €196k | €172k | €173k | €229k | €198k | ▼ 13.7% |
| Intangible fixed assets21 | - | - | €12k | €22k | €19k | ▼ 14.2% |
| Tangible fixed assets22/27 | €196k | €172k | €161k | €207k | €179k | ▼ 13.6% |
| Land and buildings22 | - | €106k | €93k | €80k | €67k | ▼ 16.0% |
| Plant, machinery and equipment23 | - | €14k | €21k | €17k | €15k | ▼ 13.2% |
| Furniture and vehicles24 | - | €27k | €24k | €60k | €4k | ▼ 92.8% |
| Other tangible fixed assets26 | - | €25k | €22k | €49k | €92k | ▲ 87.1% |
| Current assets29/58 | €550k | €645k | €950k | €946k | €979k | ▲ 3.5% |
| Stocks and contracts in progress3 | €284k | €353k | €490k | €513k | €482k | ▼ 6.1% |
| Stocks30/36 | - | €353k | €345k | €513k | €482k | ▼ 6.1% |
| Contracts in progress37 | - | - | €145k | €0 | - | - |
| Amounts receivable within one year40/41 | €65k | €205k | €269k | €223k | €186k | ▼ 16.5% |
| Trade receivables40 | - | €205k | €264k | €213k | €154k | ▼ 27.7% |
| Other amounts receivable41 | - | €313 | €6k | €10k | €32k | ▲ 227% |
| Cash at bank and in hand54/58 | €195k | €82k | €185k | €205k | €155k | ▼ 24.5% |
| Deferred charges and accrued income490/1 | - | €5k | €6k | €5k | €157k | ▲ 2,904% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €746k | €817k | €1.12M | €1.17M | €1.18M | ▲ 0.2% |
| Equity10/15 | €404k | €527k | €646k | €773k | €801k | ▲ 3.6% |
| Contributions10/11 | - | €64k | €64k | €64k | €64k | = |
| Capital10 | - | €64k | €64k | €64k | €64k | = |
| Issued capital100 | - | €64k | €64k | €64k | €64k | = |
| Reserves13 | €340k | €463k | €582k | €709k | €737k | ▲ 3.9% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €35k | €54k | €54k | €52k | ▼ 2.9% |
| Distributable reserves133 | - | €422k | €522k | €649k | €679k | ▲ 4.5% |
| Provisions and deferred taxes16 | - | - | €6k | €6k | €6k | ▼ 8.2% |
| Deferred taxes168 | - | - | €6k | €6k | €6k | ▼ 8.2% |
| Amounts payable17/49 | €342k | €290k | €471k | €395k | €370k | ▼ 6.4% |
| Amounts payable after more than one year17 | €249k | €207k | €167k | €209k | €151k | ▼ 27.6% |
| Financial debts170/4 | - | €207k | €167k | €209k | €151k | ▼ 27.6% |
| Amounts payable within one year42/48 | €93k | €82k | €303k | €184k | €218k | ▲ 19.0% |
| Current portion of amounts payable after more than one year42 | - | €41k | €41k | €61k | €58k | ▼ 5.9% |
| Trade debts44 | €7k | €8k | €108k | €50k | €161k | ▲ 224% |
| Suppliers440/4 | - | €8k | €108k | €50k | €161k | ▲ 224% |
| Advances received on contracts in progress46 | - | €11k | €88k | €440 | - | - |
| Taxes, remuneration and social security45 | - | €14k | €18k | €22k | - | - |
| Taxes450/3 | - | €14k | €18k | €22k | - | - |
| Other amounts payable47/48 | - | €7k | €49k | €50k | - | - |
| Accrued charges and deferred income492/3 | - | €377 | €1k | €3k | €440 | ▼ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85k | €123k | €119k | €127k | €28k | ▼ 78.2% |
| + Depreciation and write-downs630 | €32k | €35k | €32k | €48k | €44k | ▼ 9.6% |
| Operating cash flow (approximation) | €117k | €158k | €151k | €175k | €71k | ▼ 59.4% |
| Investment in fixed assets (approximation) | - | €-11k | €-33k | €-105k | €-12k | ▲ 88.3% |
| Change in cash | - | €-114k | €103k | €20k | €-50k | ▼ 350% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €500kEq €527k ▲30.6%
4 profitable years in a row build equity to €527k.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €9 ▼100%
Net result drops to €9, the lowest in the series; recovery starts the following year.
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Waregem · 1 establishment unit since 1989
Ground area
1,740 m²
Building footprint
1,049 m²
Parcel 34006B0500/00K003, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SEYNA
since 19892.042.449.618
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0500/00K003 | Flanders | 1,739 m² | 1 · 1,049 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,619 EUR awarded · 2,550 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 69 EUR | 0 EUR |
| 2024 | 1 | 2,550 EUR | 2,550 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
9845008E1F09DM2EB425
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Of 210 companies in sector 28299 we hold annual accounts for 154. 114 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-02-1989
Fiscal year end31-03
Activities, NACEBEL 2025
28299Manufacture of machinery and equipment not elsewhere classified
46630Wholesale trade
25999Manufacture of fabricated metal products, except machinery and equipment
46810Wholesale of solid, liquid and gaseous fuels and related products
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Scores and ratios are computed by Checked and are not a credit decision.