Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEART from Veurne, company number BE0429025060, closed financial year 2025 with a result of € -26,795 after tax. For that financial year SEART recorded a gross margin of € -16,467 and equity of € 39,609. Compared with financial year 2024, the result moved from € -18,834 to € -26,795. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 39,609
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,795
▼ 42 % more loss than in 2024
Profit after tax over the fiscal year.
€ 18,704
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,609.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 116
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,442
▲ € 13,640 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,615 | € 3,882 | € -5,769 | € -16,467 | ▼ € 10,697 |
| Profit after taxes | € 416 | € -9,303 | € -18,834 | € -26,795 | ▼ € 7,961 |
| Equity | € 94,542 | € 85,239 | € 66,404 | € 39,609 | ▼ 40% |
| Total debts | € 132,645 | € 87,619 | € 80,589 | € 91,651 | ▲ 14% |
| Cash | € 93,596 | € 50,002 | € 31,944 | € 18,704 | ▼ 41% |
| Land & buildings | € 73,661 | € 70,856 | € 68,051 | € 65,337 | ▼ 4% |
| Retained profit | € 74,542 | € 65,239 | € 46,404 | € 19,609 | ▼ 58% |
| Balance sheet total | € 227,187 | € 172,858 | € 146,994 | € 131,261 | ▼ 11% |
Key figures of SEART, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SEART?
What happened at SEART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,795. Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 416 profit in 2022 to € 26,795 loss in 2025.
Paid € 220 in corporate taxes since 2022.
Best year ever: 2022, with € 416 profit.
Management
Behind SEART is Mark Goens.
Directors
According to the 2025 annual accounts
Mark Goens
Director
Establishments
Establishment units
Physical locations of this company
Koksijdestraat 21
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.025.060
- VAT number
- BE 0429.025.060
- Registered office
- Koksijdestraat 21, 8630 Veurne
- Names & denominations
- SEART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1986
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Reparatie en onderhoud van meubelen en stoffering
Detailhandel in meubels
Activiteiten van fotografen, met uitzondering van persfotografen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Literaire creatie
Grafisch ontwerp en visuele communicatie
Detailhandel in cultuur- en recreatieartikelen, neg
Reproductie van opgenomen media
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