Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
Gross margin
€ 498,372
▼ 29% vs 2024
Profit
Caution€ -74,549
▼ 187% vs 2024
Debts
Low€ 291,031
▼ 38% vs 2024
SETESCO Structural Engineers from Elsene, company number BE0400524282, closed financial year 2025 with a result of € -74,549 after tax. For that financial year SETESCO Structural Engineers recorded a gross margin of € 498,372 and equity of € 180,625. Compared with financial year 2024, the result moved from € 85,220 to € -74,549. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
What happened at SETESCO Structural Engineers?
What happened at SETESCO Structural Engineers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martin VERAART stepped down as director. NBB
- Reda FARES stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 74,549 (▼ 187% vs 2024). filed late Source: NBB ↗
- Martin VERAART became a director. NBB
- Reda FARES became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,920 profit in 2021 to € 74,549 loss in 2025.
Paid € 28,676 in corporate taxes since 2021.
Best year ever: 2024, with € 85,220 profit.
On average € 68,300 of value added per employee in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
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Management
Directors
According to the 2025 annual accounts
Martin VERAART
Managing director
since 2023 · until 2029
Reda FARES
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Louizalaan 251 box 35
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
Agrer
€ 7.1 million revenue · 2025
Société de Transactions Immobilières et de Constructions
€ 2.3 million revenue · 2025
Comentri
€ 16,789 gross margin · 2025
SOMIBA
€ 463,349 gross margin · 2025
PARMENTIER DEVELOPMENT
€ 129,523 gross margin · 2024
+3 more
Details
- Company number
- 0400.524.282
- VAT number
- BE 0400.524.282
- Registered office
- Louizalaan 251 bus 35, 1050 Elsene
- Names & denominations
- SETESCO Structural Engineers
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1967
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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