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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
SEED FACTORY from Oudergem, company number BE0462033269, closed financial year 2024 with a result of € -86,643 after tax. For that financial year SEED FACTORY recorded a gross margin of € 87,913 and equity of € -544,052. Compared with financial year 2023, the result moved from € -46,709 to € -86,643. 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 September 26, 2025.
€ -544,052
▼ € 86,643 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,643
▼ 85 % more loss than in 2023
Profit after tax over the fiscal year.
€ 65,213
▼ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -817,179.
People and assets in 2024
1
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 23,563
▼ 59% vs 2023
€ 23,600 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.
€ 1,857
▼ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 994,989
▲ 1% vs 2023
Loans from banks and other lenders, long and short.
€ 34,451
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,670
▼ 18% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 41,434 | € 97,183 | € 148,456 | € 87,913 | ▼ 41% |
| Profit after taxes | € -97,589 | € -67,769 | € -46,709 | € -86,643 | ▼ € 39,935 |
| Equity | € -342,931 | € -410,700 | € -457,409 | € -544,052 | ▼ € 86,643 |
| Total debts | € 1,189,538 | € 1,113,820 | € 1,083,626 | € 1,076,159 | ▼ 1% |
| Cash | € 131,974 | € 89,358 | € 96,551 | € 65,213 | ▼ 32% |
| Land & buildings | € 543,816 | € 485,814 | € 422,362 | € 364,139 | ▼ 14% |
| Retained profit | € -678,253 | € -725,290 | € -751,267 | € -817,179 | ▼ € 65,912 |
| Bank debt | € 969,341 | € 988,192 | € 989,145 | € 994,989 | ▲ 1% |
| Balance sheet total | € 846,607 | € 703,120 | € 626,217 | € 532,106 | ▼ 15% |
| Employees (FTE) | - | 1 | 0.9 | 1 | ▲ 0.1 |
Key figures of SEED FACTORY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SEED FACTORY?
What happened at SEED FACTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel SALAMON stepped down as director. NBB
- Louis-Marc CHOPPINET stepped down as director. NBB
- Roland VANHEMELRYCK stepped down as director. NBB
- Michel MICHIELS stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 86,643. filed late Source: NBB ↗
- Michel SALAMON became a director. NBB
- Louis-Marc CHOPPINET became a director. NBB
- Roland VANHEMELRYCK became a director. NBB
In short
From € 97,589 loss in 2021 to € 86,643 loss in 2024.
On average € 87,900 of value added per employee in 2024.
A new publication or filing at SEED FACTORY? We notify you, reason included.
Follow SEED FACTORYDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by GYAC SRL (31.3%), Michel MICHIELS (26%), Louis-Marc CHOPPINET (25%), Pierre SNEYDERS (9.3%) and Edouard CAMBIER (8.3%).
Directors
According to the 2024 annual accounts
since 2020 · until 2026
Louis-Marc CHOPPINET
Director
since 2020 · until 2026
Roland VANHEMELRYCK
Director
since 2020 · until 2026
Michel MICHIELS
Director
Owns 26% directly
since 2020 · until 2026
Shareholders
31.3%
Michel MICHIELS · director
26%
Louis-Marc CHOPPINET
25%
Pierre SNEYDERS
9.3%
Edouard CAMBIER
8.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vrijwilligerslaan 19
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →FILS BRIGITTE SERVICES
€ -7,108 gross margin · 2025
COMPUPHONE
€ 246,628 gross margin · 2025
Association médicale européenne @EMA@
GREAT
€ 535,917 gross margin · 2024
GYAC same network
€ -135,929 gross margin · 2025
+47 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0462.033.269
- VAT number
- BE 0462.033.269
- Registered office
- Vrijwilligerslaan 19, 1160 Oudergem
- Names & denominations
- SEED FACTORY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1997
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- seedfactory.be
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige diensten op het gebied van informatietechnologie en computer
Activiteiten van reclamebureaus
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Publiciteitsagentschappen
+3