Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEICO from Wetteren, company number BE0541851205, closed financial year 2025 with a result of € -42,467 after tax. For that financial year SEICO recorded a gross margin of € 466,904 and equity of € 343,385. Compared with financial year 2024, the result moved from € 41,480 to € -42,467. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 343,385
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,467
▼ still € 41,480 profit in 2024
Profit after tax over the fiscal year.
€ 53,050
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 109,060.
People and assets in 2025
€ 306,399
▼ 6% 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.
€ 70,491
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 877,307
▼ 21% vs 2024
€ 170,903 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 88,176
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,869
▼ 73% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,635 | € 417,932 | € 442,126 | € 466,904 | ▲ 6% |
| Profit after taxes | € 3,012 | € 107,530 | € 41,480 | € -42,467 | ▼ € 83,947 |
| Equity | € 251,203 | € 358,733 | € 400,213 | € 343,385 | ▼ 14% |
| Total debts | € 932,502 | € 1,354,833 | € 1,344,168 | € 1,137,264 | ▼ 15% |
| Cash | € 19,178 | € 27,227 | € 120,336 | € 53,050 | ▼ 56% |
| Retained profit | € 2,517 | € 110,047 | € 151,527 | € 109,060 | ▼ 28% |
| Bank debt | € 889,547 | € 1,255,558 | € 1,106,236 | € 877,307 | ▼ 21% |
| Balance sheet total | € 1,183,705 | € 1,713,566 | € 1,744,381 | € 1,480,649 | ▼ 15% |
Key figures of SEICO, 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 SEICO?
What happened at SEICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 42,467 (▼ € 83,947 vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,012 profit in 2022 to € 42,467 loss in 2025.
Paid € 1,610 in corporate taxes since 2022.
Best year ever: 2023, with € 107,530 profit.
A new publication or filing at SEICO? We notify you, reason included.
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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
Behind SEICO is Halil Taslidere. Halil Taslidere is also behind VAHODHA, H.T. management services and 3T Invest.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Neerhonderd 48
9230 Wetteren
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
- 0541.851.205
- VAT number
- BE 0541.851.205
- Registered office
- Neerhonderd 48, 9230 Wetteren
- Names & denominations
- SEICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2013
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Bouw van rioleringen
Afvalwaterafvoer
Algemene elektrotechnische installatiewerken