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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEDAK from Houthalen-Helchteren, company number BE0448897588, closed financial year 2025 with a result of € -43,672 after tax. For that financial year SEDAK recorded a gross margin of € -21,070 and equity of € -27,576. Compared with financial year 2024, the result moved from € -35,885 to € -43,672. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ -27,576
▼ € 43,672 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,672
▼ 22 % more loss than in 2024
Profit after tax over the fiscal year.
€ 788
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -89,576.
Debts at end 2025
€ 25,947
▼ 28% vs 2024
€ 10,802 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,211
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,099
▼ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12 | € 16,138 | € -16,013 | € -21,070 | ▼ € 5,057 |
| Profit after taxes | € -25,863 | € -3,881 | € -35,885 | € -43,672 | ▼ € 7,787 |
| Equity | € 55,863 | € 51,982 | € 16,096 | € -27,576 | ▼ € 43,672 |
| Total debts | € 159,434 | € 159,135 | € 186,640 | € 174,462 | ▼ 7% |
| Cash | € 11,143 | € 14,073 | € 8,731 | € 788 | ▼ 91% |
| Land & buildings | € 60,871 | € 46,629 | € 34,933 | € 21,964 | ▼ 37% |
| Retained profit | € -6,137 | € -10,018 | € -45,904 | € -89,576 | ▼ € 43,672 |
| Bank debt | € 55,229 | € 45,943 | € 36,190 | € 25,947 | ▼ 28% |
| Balance sheet total | € 215,297 | € 211,117 | € 202,736 | € 146,886 | ▼ 28% |
Key figures of SEDAK, fiscal years 2022 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 SEDAK?
What happened at SEDAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jelle Segers stepped down as director. NBB
- Christel Thijs stepped down as director. NBB
- Marc Segers stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 43,672. Source: NBB ↗
- Christel Thijs became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,863 loss in 2022 to € 43,672 loss in 2025.
Paid € 2,200 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Jelle Segers
Director
· until 2029
Christel Thijs
Managing director
since 2005 · until 2029
Marc Segers
Director
· until 2029
Establishments
Establishment units
Physical locations of this company
Kraaistraat 18
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.897.588
- VAT number
- BE 0448.897.588
- Registered office
- Kraaistraat 18, 3530 Houthalen-Helchteren
- Names & denominations
- SEDAK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1992
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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