Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEALTECH from Raeren, company number BE0440482542, closed financial year 2025 with a result of € 6 million after tax. For that financial year SEALTECH recorded a gross margin of € 9.4 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 5.1 million to € 6 million. Profitable, and profit is growing. 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 June 24, 2026.
€ 5.5 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6 million
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
100 % of the profit went to the shareholders, mostly to BUFIGES (100 % of the shares). That is where the money ends up.
People and assets in 2025
20.3
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 10% vs 2024
€ 60,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,270
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 10% vs 2024
€ 182,552 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 364,523
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 451,327
▲ 222% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,027,673 | € 7,646,229 | € 8,171,785 | € 9,393,463 | ▲ 15% |
| Profit after taxes | € 4,684,946 | € 4,952,173 | € 5,067,905 | € 6,020,300 | ▲ 19% |
| Equity | € 4,763,724 | € 4,629,761 | € 5,610,120 | € 5,538,806 | ▼ 1% |
| Total debts | € 7,396,772 | € 7,739,703 | € 7,981,168 | € 8,401,004 | ▲ 5% |
| Cash | € 1,703,862 | € 1,141,221 | € 926,389 | € 1,509,513 | ▲ 63% |
| Land & buildings | € 350,422 | € 756,304 | € 2,232,665 | € 2,559,268 | ▲ 15% |
| Retained profit | € 4,700,342 | € 4,567,191 | € 5,547,700 | € 5,476,530 | ▼ 1% |
| Dividend | € 6,000,000 | € 5,000,000 | € 4,000,000 | € 6,000,000 | ▲ 50% |
| Bank debt | € 0 | € 259,846 | € 1,655,149 | € 1,490,158 | ▼ 10% |
| Balance sheet total | € 12,160,497 | € 12,369,463 | € 13,591,288 | € 13,939,809 | ▲ 3% |
| Employees (FTE) | 17.6 | 17.6 | 18.7 | 20.3 | ▲ 1.6 |
Key figures of SEALTECH, 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 SEALTECH?
What happened at SEALTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BUFIGES SRL stepped down as director. NBB
- Philippe Schoonbroodt stepped down as director. NBB
- Catherine Schoonbroodt stepped down as director. NBB
- Jérôme Schoonbroodt stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6 million (▲ 19% vs 2024). Source: NBB ↗
- BUFIGES SRL became a director. NBB
- Philippe Schoonbroodt became a director. NBB
- Catherine Schoonbroodt became a director. NBB
In short
From € 4.7 million profit in 2022 to € 6 million profit in 2025.
Paid € 7 million in corporate taxes since 2022.
Best year ever: 2025, with € 6 million profit.
On average € 462,700 of value added per employee in 2025.
Management
The stake of BUFIGES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEALTECHThe shares are held by BUFIGES (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Isabelle Vandermaesen
Also active at: EUREGIO HYDRAULICS
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hagbenden 39A
4731 Raeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.482.542
- VAT number
- BE 0440.482.542
- Registered office
- Hagbenden 39A, 4731 Raeren
- Names & denominations
- SEALTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1990
- Peppol
- Active · Active since 27 Feb 2025
- Activities · NACE
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in andere machines en werktuigen, neg
Vervaardiging van hydraulische en pneumatische apparatuur
Vervaardiging en assemblage van auto's
Groothandel in andere machines en werktuigen, n.e.g.
Groothandel in gereedschapswerktuigen
Vervaardiging van andere delen en toebehoren voor motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
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