SETEC is registered with the CBE as active in: Vervaardiging van schakel- en verdeelinrichtingen. Private Limited, started on 21 January 1994, 1 establishment.

What is the address of SETEC?

The registered office of SETEC is located at Gotevlietstraat 18, 8000 Brugge.

Is SETEC still active?

Yes. According to the CBE (29 October 2026) SETEC is active, legal situation “Normale toestand”, started on 21 January 1994.

Is SETEC registered on Peppol?

Yes, SETEC is registered on the Peppol network with ID 0208:0452022671.

What is the enterprise number of SETEC?

The enterprise number of SETEC is BE0452022671.

When was SETEC founded?

SETEC was founded on 21 January 1994.

Who are the directors of SETEC?

According to the 2025 annual accounts, the directors of SETEC are: WILLCO BV, ELCLA BV, NV-EMC BV, Cristallo TopCo BV.

Is SETEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 January 1994; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did SETEC make in 2025?

SETEC posted a profit after taxes of € 168,169 in financial year 2025.

What is the revenue of SETEC?

In its most recent annual accounts (2025), SETEC reported revenue of € 1,472,262.

How much does an employee at SETEC earn?

The average wage cost per full-time employee at SETEC was € 61,000 in 2025: staff costs of € 274,281 for 4.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SETEC have?

According to the 2025 annual accounts, SETEC has 4.5 full-time equivalents (FTE).

SETEC (Private Limited) - Brugge - BE0452022671

Dossier SETEC, printed on 29 October 2026 from databakkes.be/en/0452022671/setec. 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.

Figures corrected NBB

Corrected annual account filed for 2025.

Financials

Financial year 2025

SETEC from Brugge, company number BE0452022671, closed financial year 2025 with a result of € 168,169 after tax. For that financial year SETEC recorded revenue of € 1.5 million and equity of € 723,365. Compared with financial year 2024, the result moved from € 98,094 to € 168,169. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.

What it is worth Growing

€ 723,365

▲ 30% vs 2024

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

Profit Growing

€ 168,169

▲ 71% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 222,626

▲ 101% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 704,765.

People and assets in 2025

Full-time equivalents

4.5

▲ 2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 130,294 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 274,281

▲ 54% vs 2024

€ 61,000 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.

Vehicles and equipment

€ 18,768

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 12,026

▼ 34% vs 2024

€ 6,425 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 125,566

▲ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.

Taxes and wages

€ 49,019

▲ 159% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 1,069,421 Revenue 2023: € 1,069,421 First fiscal year in the series	€ 1,005,813 Revenue 2024: € 1,005,813 ▼ 6% vs 2023 (€ 1,069,421) Unfavourable step	€ 1,472,262 Revenue 2025: € 1,472,262 ▲ 46% vs 2024 (€ 1,005,813) Favourable step	▲ 46%
Gross margin	€ 171,950 Gross margin 2022: € 171,950 First fiscal year in the series	-	-	-
Profit after taxes	€ 28,428 Profit after taxes 2022: € 28,428 First fiscal year in the series	€ 122,851 Profit after taxes 2023: € 122,851 ▲ € 94,422 vs 2022 (€ 28,428) Favourable step	€ 98,094 Profit after taxes 2024: € 98,094 ▼ 20% vs 2023 (€ 122,851) Unfavourable step	€ 168,169 Profit after taxes 2025: € 168,169 ▲ 71% vs 2024 (€ 98,094) Favourable step	▲ 71%
Equity	€ 334,252 Equity 2022: € 334,252 First fiscal year in the series	€ 457,102 Equity 2023: € 457,102 ▲ 37% vs 2022 (€ 334,252) Favourable step	€ 555,196 Equity 2024: € 555,196 ▲ 21% vs 2023 (€ 457,102) Favourable step	€ 723,365 Equity 2025: € 723,365 ▲ 30% vs 2024 (€ 555,196) Favourable step	▲ 30%
Total debts	€ 342,076 Total debts 2022: € 342,076 First fiscal year in the series	€ 412,544 Total debts 2023: € 412,544 ▲ 21% vs 2022 (€ 342,076) Unfavourable step	€ 209,062 Total debts 2024: € 209,062 ▼ 49% vs 2023 (€ 412,544) Favourable step	€ 186,610 Total debts 2025: € 186,610 ▼ 11% vs 2024 (€ 209,062) Favourable step	▼ 11%
Cash	€ 81,844 Cash 2022: € 81,844 First fiscal year in the series	€ 89,544 Cash 2023: € 89,544 ▲ 9% vs 2022 (€ 81,844) Favourable step	€ 110,510 Cash 2024: € 110,510 ▲ 23% vs 2023 (€ 89,544) Favourable step	€ 222,626 Cash 2025: € 222,626 ▲ 101% vs 2024 (€ 110,510) Favourable step	▲ 101%
Retained profit	€ 315,652 Retained profit 2022: € 315,652 First fiscal year in the series	€ 438,502 Retained profit 2023: € 438,502 ▲ 39% vs 2022 (€ 315,652) Favourable step	€ 536,596 Retained profit 2024: € 536,596 ▲ 22% vs 2023 (€ 438,502) Favourable step	€ 704,765 Retained profit 2025: € 704,765 ▲ 31% vs 2024 (€ 536,596) Favourable step	▲ 31%
Dividend	€ 50,000 Dividend 2022: € 50,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 50,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 29,515 Bank debt 2022: € 29,515 First fiscal year in the series	€ 23,967 Bank debt 2023: € 23,967 ▼ 19% vs 2022 (€ 29,515) Favourable step	€ 18,144 Bank debt 2024: € 18,144 ▼ 24% vs 2023 (€ 23,967) Favourable step	€ 12,026 Bank debt 2025: € 12,026 ▼ 34% vs 2024 (€ 18,144) Favourable step	▼ 34%
Balance sheet total	€ 676,328 Balance sheet total 2022: € 676,328 First fiscal year in the series	€ 869,647 Balance sheet total 2023: € 869,647 ▲ 29% vs 2022 (€ 676,328) Unchanged	€ 764,259 Balance sheet total 2024: € 764,259 ▼ 12% vs 2023 (€ 869,647) Unchanged	€ 909,975 Balance sheet total 2025: € 909,975 ▲ 19% vs 2024 (€ 764,259) Unchanged	▲ 19%
Employees (FTE)	-	2.5 Employees (FTE) 2023: 2.5 First fiscal year in the series	2.5 Employees (FTE) 2024: 2.5 Unchanged (2.5) Unchanged	4.5 Employees (FTE) 2025: 4.5 ▲ 2 vs 2024 (2.5) Unchanged	▲ 2

Key figures of SETEC, 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 SETEC?

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

Aug 21, 2026 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
2025 WILLCO BV became a director. NBB
2025 NV-EMC BV became a director. NBB
2023 Cristallo TopCo BV became a director. NBB
2023 ELCLA BV became a director. NBB
Mar 10, 1994 New establishment in Brugge. KBO
Jan 21, 1994 Start of the company according to the CBE. KBO

In short

From € 28,428 profit in 2022 to € 168,169 profit in 2025.

Paid € 146,858 in corporate taxes since 2022.

Best year ever: 2025, with € 168,169 profit.

Paid out € 50,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

eHold 100%

Cristallo TopCo 100%

The stake of eHold, Cristallo TopCo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SETEC

Behind SETEC are WILLCO BV, ELCLA BV, NV-EMC BV and Cristallo TopCo BV. The shares are held by eHold (100%) and Cristallo TopCo (100%).

Directors

According to the 2025 annual accounts

WILLCO BV

Director · represented by Wim Geens

Also active at: ELECTRO - VERBEKE, L.V.R. ELECTRONICS, VAN VOOREN, ELECTRO ZWIJSEN, INDUZZ3, VAN SEVEREN, BOVEMA INTERNATIONAL, FOST PLUS +12 more

since 2025

ELCLA BV

Persoon belast met dagelijks bestuur · represented by Francis Claeys

Also active at: VAN VOOREN

since 2023

NV-EMC BV

Managing director · represented by Nicolas Verhaeghe

Also active at: VAN VOOREN

since 2025

Cristallo TopCo BV

Director · represented by Ruben Monballieu

Also active at: ELECTRO - VERBEKE, L.V.R. ELECTRONICS, VAN VOOREN, ELECTRO ZWIJSEN, INDUZZ3, VAN SEVEREN, BOVEMA INTERNATIONAL, LENAERTS +11 more

since 2023

Shareholders

eHold

100%

Cristallo TopCo

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gotevlietstraat 18

8000 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

VAN VOOREN same network

€ 18.9 million revenue · 2025

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

Details

Company number

0452.022.671

VAT number

BE 0452.022.671

Registered office

Gotevlietstraat 18, 8000 Brugge

Names & denominations

SETEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 January 1994

Peppol

Active · Active since 3 Dec 2025

Activities · NACE

Vervaardiging van schakel- en verdeelinrichtingen

Installatie van industriële machines, toestellen en werktuigen

Algemene elektrotechnische installatiewerken

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

View on CBE Public ↗ Annual accounts (NBB) ↗

SETEC

Warning lights

Financials

What happened to SETEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions