What does SEUTIN RENTALS do?

SEUTIN RENTALS is a property company in Brussel. Public Limited, started on 26 October 1989, 1 establishment.

What is the address of SEUTIN RENTALS?

The registered office of SEUTIN RENTALS is located at Kerstenmannekensstraat 1, 1000 Brussel.

Is SEUTIN RENTALS still active?

Yes. According to the CBE (29 October 2026) SEUTIN RENTALS is active, legal situation “Normale toestand”, started on 26 October 1989.

Is SEUTIN RENTALS registered on Peppol?

Yes, SEUTIN RENTALS is registered on the Peppol network with ID 0208:0438806719.

What is the enterprise number of SEUTIN RENTALS?

The enterprise number of SEUTIN RENTALS is BE0438806719.

When was SEUTIN RENTALS founded?

SEUTIN RENTALS was founded on 26 October 1989.

Who are the directors of SEUTIN RENTALS?

According to the 2025 annual accounts, the directors of SEUTIN RENTALS are: CP4U BV, Panam Holding BV.

Is SEUTIN RENTALS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 October 1989; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SEUTIN RENTALS make in 2025?

SEUTIN RENTALS recorded a loss after taxes of € 72,650 in financial year 2025.

What is the revenue of SEUTIN RENTALS?

As a small company, SEUTIN RENTALS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 477,698.

SEUTIN RENTALS (Public Limited) - Brussel - BE0438806719

Dossier SEUTIN RENTALS, printed on 29 October 2026 from databakkes.be/en/0438806719/seutin-rentals. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 16 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SEUTIN RENTALS from Brussel, company number BE0438806719, closed financial year 2025 with a result of € -72,650 after tax. For that financial year SEUTIN RENTALS recorded a gross margin of € 477,698 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -166,864 to € -72,650. 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 August 27, 2026.

What it is worth Healthy

€ 1.8 million

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -72,650

▲ 56 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 27,393

▼ 22% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.7 million.

People and assets in 2025

Vehicles and equipment

€ 338

▼ 74% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 17 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.4 million

▼ 5% vs 2024

€ 260,910 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.

Owed to suppliers

€ 21,532

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 636

▼ 94% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,381,845 Gross margin 2022: € 1,381,845 First fiscal year in the series	€ 353,431 Gross margin 2023: € 353,431 ▼ 74% vs 2022 (€ 1,381,845) Unfavourable step	€ 438,699 Gross margin 2024: € 438,699 ▲ 24% vs 2023 (€ 353,431) Favourable step	€ 477,698 Gross margin 2025: € 477,698 ▲ 9% vs 2024 (€ 438,699) Favourable step	▲ 9%
Profit after taxes	€ 818,345 Profit after taxes 2022: € 818,345 First fiscal year in the series	€ -186,113 Profit after taxes 2023: € -186,113 ▼ € 1 million vs 2022 (€ 818,345) Unfavourable step	€ -166,864 Profit after taxes 2024: € -166,864 ▲ € 19,249 vs 2023 (€ -186,113) Favourable step	€ -72,650 Profit after taxes 2025: € -72,650 ▲ € 94,214 vs 2024 (€ -166,864) Favourable step	▲ € 94,214
Equity	€ 2,220,031 Equity 2022: € 2,220,031 First fiscal year in the series	€ 2,033,918 Equity 2023: € 2,033,918 ▼ 8% vs 2022 (€ 2,220,031) Unfavourable step	€ 1,867,054 Equity 2024: € 1,867,054 ▼ 8% vs 2023 (€ 2,033,918) Unfavourable step	€ 1,794,404 Equity 2025: € 1,794,404 ▼ 4% vs 2024 (€ 1,867,054) Unfavourable step	▼ 4%
Total debts	€ 2,869,186 Total debts 2022: € 2,869,186 First fiscal year in the series	€ 4,642,231 Total debts 2023: € 4,642,231 ▲ 62% vs 2022 (€ 2,869,186) Unfavourable step	€ 4,782,140 Total debts 2024: € 4,782,140 ▲ 3% vs 2023 (€ 4,642,231) Unfavourable step	€ 4,519,695 Total debts 2025: € 4,519,695 ▼ 5% vs 2024 (€ 4,782,140) Favourable step	▼ 5%
Cash	€ 432,434 Cash 2022: € 432,434 First fiscal year in the series	€ 9,396 Cash 2023: € 9,396 ▼ 98% vs 2022 (€ 432,434) Unfavourable step	€ 35,026 Cash 2024: € 35,026 ▲ 273% vs 2023 (€ 9,396) Favourable step	€ 27,393 Cash 2025: € 27,393 ▼ 22% vs 2024 (€ 35,026) Unfavourable step	▼ 22%
Land & buildings	€ 3,554,318 Land & buildings 2022: € 3,554,318 First fiscal year in the series	€ 6,850,525 Land & buildings 2023: € 6,850,525 ▲ 93% vs 2022 (€ 3,554,318) Unchanged	€ 6,780,358 Land & buildings 2024: € 6,780,358 ▼ 1% vs 2023 (€ 6,850,525) Unchanged	€ 6,452,711 Land & buildings 2025: € 6,452,711 ▼ 5% vs 2024 (€ 6,780,358) Unchanged	▼ 5%
Retained profit	€ 2,158,531 Retained profit 2022: € 2,158,531 First fiscal year in the series	€ 1,972,418 Retained profit 2023: € 1,972,418 ▼ 9% vs 2022 (€ 2,158,531) Unfavourable step	€ 1,805,554 Retained profit 2024: € 1,805,554 ▼ 8% vs 2023 (€ 1,972,418) Unfavourable step	€ 1,732,904 Retained profit 2025: € 1,732,904 ▼ 4% vs 2024 (€ 1,805,554) Unfavourable step	▼ 4%
Dividend	€ 200,000 Dividend 2022: € 200,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 200,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 2,528,952 Bank debt 2022: € 2,528,952 First fiscal year in the series	€ 4,467,243 Bank debt 2023: € 4,467,243 ▲ 77% vs 2022 (€ 2,528,952) Unfavourable step	€ 4,635,130 Bank debt 2024: € 4,635,130 ▲ 4% vs 2023 (€ 4,467,243) Unfavourable step	€ 4,380,512 Bank debt 2025: € 4,380,512 ▼ 5% vs 2024 (€ 4,635,130) Favourable step	▼ 5%
Balance sheet total	€ 5,732,107 Balance sheet total 2022: € 5,732,107 First fiscal year in the series	€ 7,282,573 Balance sheet total 2023: € 7,282,573 ▲ 27% vs 2022 (€ 5,732,107) Unchanged	€ 7,228,149 Balance sheet total 2024: € 7,228,149 ▼ 1% vs 2023 (€ 7,282,573) Unchanged	€ 6,865,584 Balance sheet total 2025: € 6,865,584 ▼ 5% vs 2024 (€ 7,228,149) Unchanged	▼ 5%

Key figures of SEUTIN RENTALS, 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 SEUTIN RENTALS?

What happened at SEUTIN RENTALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 27, 2026 New annual accounts for financial year 2025: loss of € 72,650. filed late Source: NBB ↗
2026 CP4U BV stepped down as director. NBB
2026 Panam Holding BV stepped down as director. NBB
2020 CP4U BV became a director. NBB
2020 Panam Holding BV became a director. NBB
Apr 12, 1990 New establishment in Brussel. KBO
Oct 26, 1989 Start of the company according to the CBE. KBO

In short

From € 818,345 profit in 2022 to € 72,650 loss in 2025.

Best year ever: 2022, with € 818,345 profit.

Paid out € 200,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PANAM Holding 99.8%

The stake of PANAM Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SEUTIN RENTALS

The shares are held by PANAM Holding (99.8%).

Directors

According to the 2025 annual accounts

CP4U BV

Managing director · represented by PHILIPPE SEUTIN

Also active at: M-FINANCE, NIJLENSE TUINBOUWVENNOOTSCHAP

since 2020 · until 2026

Panam Holding BV

Director · represented by ALENKA SPAENHOVEN

since 2020 · until 2026

Shareholders

PANAM Holding

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kerstenmannekensstraat 1

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

M-FINANCE same network

€ 45,485 gross margin · 2025

CP4U same network

€ -3,430 gross margin · 2025

T-IL

€ -1,109 gross margin · 2025

Groep Panam

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0438.806.719

VAT number

BE 0438.806.719

Registered office

Kerstenmannekensstraat 1, 1000 Brussel

Names & denominations

SEUTIN RENTALS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 October 1989

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

SEUTIN RENTALS

Warning lights

Financials

What happened to SEUTIN RENTALS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions