Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
Financials
Financial year 2025
SEA ++ from Eupen, company number BE0457717066, closed financial year 2025 with a result of € -8,974 after tax. For that financial year SEA ++ recorded a gross margin of € 127,546 and equity of € -1,953. Compared with financial year 2024, the result moved from € 29,406 to € -8,974. 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 August 31, 2026.
€ -1,953
▼ € 8,974 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,974
▼ still € 29,406 profit in 2024
Profit after tax over the fiscal year.
€ 46,792
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,553.
People and assets in 2025
€ 37,603
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 32,889
▲ 229% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 210,208
▼ 4% vs 2024
€ 36,596 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 13,695
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,746
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 131,052 | € 86,299 | € 135,093 | € 127,546 | ▼ 6% |
| Profit after taxes | € 19,509 | € 8,448 | € 29,406 | € -8,974 | ▼ € 38,380 |
| Equity | € -30,832 | € -22,384 | € 7,021 | € -1,953 | ▼ € 8,974 |
| Total debts | € 444,991 | € 422,416 | € 382,671 | € 662,526 | ▲ 73% |
| Cash | € 30,622 | € 14,264 | € 86,514 | € 46,792 | ▼ 46% |
| Land & buildings | € 18,344 | € 18,344 | € 18,344 | € 338,344 | ▲ € 320,000 |
| Retained profit | € -49,424 | € -40,984 | € -11,579 | € -20,553 | ▼ € 8,974 |
| Bank debt | € 278,053 | € 248,379 | € 218,407 | € 210,208 | ▼ 4% |
| Balance sheet total | € 414,159 | € 400,032 | € 389,692 | € 660,573 | ▲ 70% |
Key figures of SEA ++, 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 SEA ++?
What happened at SEA ++ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,974 (▼ € 38,380 vs 2024). filed late Source: NBB ↗
- New establishment in Baelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,509 profit in 2022 to € 8,974 loss in 2025.
Paid € 7,936 in corporate taxes since 2022.
Best year ever: 2024, with € 29,406 profit.
Management
Behind SEA ++ is Theodor Schumacher.
Directors
According to the 2025 annual accounts
Theodor Schumacher
Director
Establishments
Establishment units
Physical locations of this company
Stockem 7
4700 Eupen
Route d'Eupen(BLN) 30
4837 Baelen
Active since 4 November 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.717.066
- VAT number
- BE 0457.717.066
- Registered office
- Stockem 7, 4700 Eupen
- Names & denominations
- SEA ++
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 1996
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Verhuur en lease van kantoormachines, inclusief computers
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