Financials
Financial year 2026
Seiton from Izegem, company number BE0728642719, closed financial year 2026 with a result of € 649,331 after tax. For that financial year Seiton recorded a gross margin of € 1.7 million and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 299,209 to € 649,331. 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 June 26, 2026.
€ 1.1 million
▲ 99% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 649,331
▲ 117% vs 2025
Profit after tax over the fiscal year.
€ 255,342
▼ 6% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
14 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
6.5
▲ 1.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 759,472
▲ 43% vs 2025
€ 116,800 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.
€ 209,821
▲ 54% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.9 million
▲ 22% vs 2025
€ 116,000 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 61,872
▼ 92% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 322,326
▲ 16% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 217,487 | € 677,993 | € 1,026,914 | € 1,680,036 | ▲ 64% |
| Profit after taxes | € 9,146 | € 244,282 | € 299,209 | € 649,331 | ▲ 117% |
| Equity | € 23,719 | € 268,001 | € 567,210 | € 1,126,541 | ▲ 99% |
| Total debts | € 1,218,121 | € 1,680,887 | € 2,653,232 | € 2,740,074 | ▲ 3% |
| Cash | € 100,532 | € 193,077 | € 272,098 | € 255,342 | ▼ 6% |
| Land & buildings | - | - | - | € 513,184 | |
| Retained profit | € 23,239 | € 267,521 | € 566,730 | € 1,126,061 | ▲ 99% |
| Dividend | € 0 | € 0 | € 0 | € 90,000 | |
| Bank debt | € 1,102,775 | € 1,345,742 | € 1,524,765 | € 1,854,225 | ▲ 22% |
| Balance sheet total | € 1,241,840 | € 1,948,888 | € 3,220,442 | € 3,866,615 | ▲ 20% |
| Employees (FTE) | - | 3 | 4.7 | 6.5 | ▲ 1.8 |
Key figures of Seiton, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Seiton?
What happened at Seiton in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 649,331 (▲ 117% vs 2025). Source: NBB ↗
- LDH Consult CommV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,146 profit in 2023 to € 649,331 profit in 2026.
Paid € 274,802 in corporate taxes since 2023.
Best year ever: 2026, with € 649,331 profit.
On average € 258,500 of value added per employee in 2026.
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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
Directors
According to the 2026 annual accounts
Director · represented by Lowie D'Hulst
since 2020
Establishments
Establishment units
Physical locations of this company
Slabbaardstraat-Zuid 51
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Network
Details
- Company number
- 0728.642.719
- VAT number
- BE 0728.642.719
- Registered office
- Slabbaardstraat-Zuid 51, 8870 Izegem
- Names & denominations
- Seiton
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2019
- Peppol
- Active · Active since 16 Jun 2025
- Contact
- seiton.be [email protected]
- Activities · NACE
Groothandel in hout
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