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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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SEA - TOWN from Elsene, company number BE0440867572, closed financial year 2025 with a result of € -685 after tax. For that financial year SEA - TOWN recorded a gross margin of € -354 and equity of € 426. Compared with financial year 2023, the result moved from € -207 to € -685. The company made a loss. The buffer shrank hard: equity is 62 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.
€ 426
▼ 62% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -685
▼ 230 % more loss than in 2023
Profit after tax over the fiscal year.
€ 59
▼ 88% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,166.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,006 | € 5,261 | € 548 | € -354 | ▼ € 902 |
| Profit after taxes | € -2,421 | € 5,249 | € -207 | € -685 | ▼ € 477 |
| Equity | € -3,932 | € 1,318 | € 1,110 | € 426 | ▼ 62% |
| Total debts | € 5,422 | € 1,311 | € 0 | € 0 | |
| Cash | € 1,314 | € 905 | € 507 | € 59 | ▼ 88% |
| Retained profit | € -22,524 | € -17,274 | € -17,482 | € -18,166 | ▼ € 685 |
| Balance sheet total | € 1,491 | € 2,629 | € 1,110 | € 426 | ▼ 62% |
Key figures of SEA - TOWN, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SEA - TOWN?
What happened at SEA - TOWN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 685. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,421 loss in 2021 to € 685 loss in 2025.
Paid € 304 in corporate taxes since 2021.
Best year ever: 2022, with € 5,249 profit.
Management
Behind SEA - TOWN is Michel TORDEUR. Michel TORDEUR is also behind BUSINESS TO BUSINESS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Italiëlaan 40 box 1
1050 Elsene
Robert Deltourlaan(Kor) 1
8500 Kortrijk
Active since 5 August 1991
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.867.572
- VAT number
- BE 0440.867.572
- Registered office
- Italiëlaan 40 bus 1, 1050 Elsene
- Names & denominations
- SEA - TOWN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1990
- Peppol
- Not registered
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen