Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.3 to 3.6.
Financials
Financial year 2025
SEDORS from Zedelgem, company number BE0650807939, closed financial year 2025 with a result of € 312,944 after tax. For that financial year SEDORS recorded a gross margin of € 971,407 and equity of € 461,562. Compared with financial year 2024, the result moved from € 130,018 to € 312,944. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 461,562
▲ 211% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 312,944
▲ 141% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 442,962.
People and assets in 2025
3.6
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 237,038
▼ 49% vs 2024
€ 65,800 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.
€ 2,821
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 25% vs 2024
€ 183,632 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 15,264
▲ 109% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,014
▲ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 349,609 | € 1,444,389 | € 1,043,008 | € 971,407 | ▼ 7% |
| Profit after taxes | € -50,273 | € 812,371 | € 130,018 | € 312,944 | ▲ 141% |
| Equity | € -38,693 | € 18,600 | € 148,618 | € 461,562 | ▲ 211% |
| Total debts | € 495,340 | € 1,490,016 | € 1,801,791 | € 1,827,136 | ▲ 1% |
| Cash | € 27,744 | € 1,143,193 | - | - | |
| Land & buildings | € 3,079 | € 2,926 | € 6,295 | € 5,956 | ▼ 5% |
| Retained profit | € -57,293 | € 0 | € 130,018 | € 442,962 | ▲ 241% |
| Dividend | € 0 | € 755,078 | € 0 | € 0 | |
| Bank debt | € 394,108 | € 497,037 | € 1,623,680 | € 1,210,231 | ▼ 25% |
| Balance sheet total | € 456,647 | € 1,508,616 | € 1,950,409 | € 2,288,698 | ▲ 17% |
| Employees (FTE) | 5.2 | 5.3 | 4.4 | 3.6 | ▼ 0.8 |
Key figures of SEDORS, 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 SEDORS?
What happened at SEDORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 312,944 (▲ 141% vs 2024). filed late Source: NBB ↗
- JOM Group bv became a director. NBB
- Zakenkantoor Bostyn CommV became a director. NBB
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,273 loss in 2022 to € 312,944 profit in 2025.
Paid € 482,630 in corporate taxes since 2022.
Best year ever: 2023, with € 812,371 profit.
On average € 269,800 of value added per employee in 2025.
Management
Behind SEDORS are Lunafin bv, Liona bv, Q&H Capital bv, JOM Group bv and Zakenkantoor Bostyn CommV. Q&H Capital bv is also behind GSB Groep.
Directors
According to the 2025 annual accounts
Director · represented by Tim Maene
Director · represented by Björn Van Colen
Director · represented by Korneel Deblock
since 2024
Director · represented by Hans Bostyn
since 2024
Establishments
Establishment units
Physical locations of this company
Heidelbergstraat 24B/002
8210 Zedelgem
Heidelbergstraat 24b box 2
8210 Zedelgem
Active since 28 June 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.807.939
- VAT number
- BE 0650.807.939
- Registered office
- Heidelbergstraat 24B/002, 8210 Zedelgem
- Names & denominations
- SEDORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2016
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
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