Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SEBAWE from Gavere, company number BE0688868759, closed financial year 2025 with a result of € -95,794 after tax. For that financial year SEBAWE recorded a gross margin of € 3,487 and equity of € 1 million. Compared with financial year 2024, the result moved from € -55,030 to € -95,794. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 1 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -95,794
▼ 74 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -692,458.
People and assets in 2025
€ 28,349
▲ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 45,511
▲ 139% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,802
▲ 125% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -15,617 | € -81,883 | € 29,565 | € 3,487 | ▼ 88% |
| Profit after taxes | € 44,265 | € -630,840 | € -55,030 | € -95,794 | ▼ € 40,764 |
| Equity | € 1,480,761 | € 980,271 | € 925,241 | € 1,042,820 | ▲ 13% |
| Total debts | € 2,629,034 | € 2,572,805 | € 2,418,047 | € 2,526,624 | ▲ 4% |
| Cash | € 2,344 | - | € 46 | - | |
| Retained profit | € 89,206 | € -541,634 | € -596,664 | € -692,458 | ▼ € 95,794 |
| Bank debt | € 1,983,250 | € 1,941,805 | € 2,295,000 | € 2,324,982 | ▲ 1% |
| Balance sheet total | € 4,109,795 | € 3,553,075 | € 3,343,288 | € 3,569,444 | ▲ 7% |
Key figures of SEBAWE, 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 SEBAWE?
What happened at SEBAWE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 95,794. Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,265 profit in 2022 to € 95,794 loss in 2025.
Paid € 15,171 in corporate taxes since 2022.
Best year ever: 2022, with € 44,265 profit.
Management
Behind SEBAWE is Sébastien Wellens. It owns 100% of TDS and 100% of DW CONSTRUCT itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Gemeentehuisstraat 8
9890 Gavere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0688.868.759
- VAT number
- BE 0688.868.759
- Registered office
- Gemeentehuisstraat 8, 9890 Gavere
- Names & denominations
- SEBAWE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2018
- Peppol
- Not registered
- Activities · NACE
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