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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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SEDS from Westerlo, company number BE0711857759, closed financial year 2025 with a result of € -355,439 after tax. For that financial year SEDS recorded a gross margin of € 113,888 and equity of € 140,138. Compared with financial year 2024, the result moved from € -593,137 to € -355,439. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 140,138
▲ € 1.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -355,439
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 37,010
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.8 million.
People and assets in 2025
4.7
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 328,400
▲ 19% vs 2024
€ 69,900 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.
Debts at end 2025
€ 1.8 million
€ 111,657 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 485,059
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,191
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -359,702 | € -496,565 | € -194,992 | € 113,888 | ▲ € 308,881 |
| Profit after taxes | € -568,777 | € -777,345 | € -593,137 | € -355,439 | ▲ € 237,698 |
| Equity | € 366,060 | € -411,285 | € -1,003,413 | € 140,138 | ▲ € 1.1 million |
| Total debts | € 483,893 | € 893,262 | € 3,121,825 | € 3,110,470 | |
| Cash | € 430,197 | € 45,653 | € 45,517 | € 37,010 | ▼ 19% |
| Retained profit | € -1,108,540 | € -1,885,885 | € -2,479,022 | € -2,834,462 | ▼ € 355,439 |
| Bank debt | € 0 | € 0 | € 0 | € 1,790,916 | |
| Balance sheet total | € 849,953 | € 481,977 | € 2,118,749 | € 3,250,608 | ▲ 53% |
| Employees (FTE) | 2.4 | 3.7 | 4.2 | 4.7 | ▲ 0.5 |
Key figures of SEDS, 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 SEDS?
What happened at SEDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 355,439. filed late Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 568,777 loss in 2022 to € 355,439 loss in 2025.
Paid € 2,664 in corporate taxes since 2022.
On average € 24,200 of value added per employee in 2025.
Management
The stake of B & R, Dipar V comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEDSBehind SEDS are Dipar V BV, Eric Severyns and O3 Shift Immo NV. The shares are held by B & R (33.3%) and Dipar V (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk Thys
Also active at: LOPAR, THYS BOUWPROJECTEN, O3 SHIFT IMMO, VAN WELLEN-THYS CONSTRUCT, KOEKOEKSHOF, O3 SHIFT MOL, CLT-S, Monath +17 more
Eric Severyns
Director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 13
2260 Westerlo
Nijverheidsstraat 10
2260 Westerlo
Active since 1 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →LOPAR same network
€ 1.2 million gross margin · 2025
INNOCHEM
€ 34.3 million revenue · 2026
THYS BOUWPROJECTEN same network
€ -296,460 gross margin · 2025
KERTEZA
€ 912,803 gross margin · 2025
GMI group
€ 16.9 million revenue · 2025
+34 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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0711.857.759
- VAT number
- BE 0711.857.759
- Registered office
- Nijverheidsstraat 13, 2260 Westerlo
- Names & denominations
- SEDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2018
- Peppol
- Active · Active since 31 Oct 2025
- Contact
- seds.be
- Activities · NACE
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