SETT is a holiday accommodation in Horebeke. Private Limited, started on 20 January 2020, 1 establishment.

What is the address of SETT?

The registered office of SETT is located at Meersestraat 16, 9667 Horebeke.

Is SETT still active?

Yes. According to the CBE (29 October 2026) SETT is active, legal situation “Normale toestand”, started on 20 January 2020.

Is SETT registered on Peppol?

Yes, SETT is registered on the Peppol network with ID 0208:0741752664.

What is the enterprise number of SETT?

The enterprise number of SETT is BE0741752664.

When was SETT founded?

SETT was founded on 20 January 2020.

Who are the directors of SETT?

According to the 2024 annual accounts, the directors of SETT are: Mathijs Vanheule, Thomas Vanheule.

Is SETT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 January 2020; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did SETT make in 2024?

SETT posted a profit after taxes of € 40,428 in financial year 2024.

What is the revenue of SETT?

As a small company, SETT is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 133,309.

Does SETT have a website?

Yes, SETT has a website at bysett.be.

SETT (Private Limited) - Horebeke - BE0741752664

Dossier SETT, printed on 29 October 2026 from databakkes.be/en/0741752664/sett. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2024; threshold 65 %.

Financials

Financial year 2024

SETT from Horebeke, company number BE0741752664, closed financial year 2024 with a result of € 40,428 after tax. For that financial year SETT recorded a gross margin of € 133,309 and equity of € 324,238. Compared with financial year 2023, the result moved from € 25,113 to € 40,428. 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 April 3, 2025.

What it is worth Growing

€ 324,238

▲ 14% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 40,428

▲ 61% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 17,173

▲ 124% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 79,238.

People and assets in 2024

Wage cost

€ 25,399

▼ 9% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 63,129

▼ 14% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 914,752

▼ 8% vs 2023

€ 78,850 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 48,215

▼ 38% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,338

▲ 55% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 155,507 Gross margin 2021: € 155,507 First fiscal year in the series	€ 121,539 Gross margin 2022: € 121,539 ▼ 22% vs 2021 (€ 155,507) Unfavourable step	€ 108,660 Gross margin 2023: € 108,660 ▼ 11% vs 2022 (€ 121,539) Unfavourable step	€ 133,309 Gross margin 2024: € 133,309 ▲ 23% vs 2023 (€ 108,660) Favourable step	▲ 23%
Profit after taxes	€ -27,839 Profit after taxes 2021: € -27,839 First fiscal year in the series	€ 41,536 Profit after taxes 2022: € 41,536 ▲ € 69,375 vs 2021 (€ -27,839) Favourable step	€ 25,113 Profit after taxes 2023: € 25,113 ▼ 40% vs 2022 (€ 41,536) Unfavourable step	€ 40,428 Profit after taxes 2024: € 40,428 ▲ 61% vs 2023 (€ 25,113) Favourable step	▲ 61%
Equity	€ 217,161 Equity 2021: € 217,161 First fiscal year in the series	€ 258,698 Equity 2022: € 258,698 ▲ 19% vs 2021 (€ 217,161) Favourable step	€ 283,810 Equity 2023: € 283,810 ▲ 10% vs 2022 (€ 258,698) Favourable step	€ 324,238 Equity 2024: € 324,238 ▲ 14% vs 2023 (€ 283,810) Favourable step	▲ 14%
Total debts	€ 1,730,999 Total debts 2021: € 1,730,999 First fiscal year in the series	€ 1,660,378 Total debts 2022: € 1,660,378 ▼ 4% vs 2021 (€ 1,730,999) Favourable step	€ 1,661,669 Total debts 2023: € 1,661,669 Unchanged (€ 1,660,378) Unfavourable step	€ 1,571,010 Total debts 2024: € 1,571,010 ▼ 5% vs 2023 (€ 1,661,669) Favourable step	▼ 5%
Cash	€ 67,687 Cash 2021: € 67,687 First fiscal year in the series	€ 49,647 Cash 2022: € 49,647 ▼ 27% vs 2021 (€ 67,687) Unfavourable step	€ 7,651 Cash 2023: € 7,651 ▼ 85% vs 2022 (€ 49,647) Unfavourable step	€ 17,173 Cash 2024: € 17,173 ▲ 124% vs 2023 (€ 7,651) Favourable step	▲ 124%
Land & buildings	€ 1,730,678 Land & buildings 2021: € 1,730,678 First fiscal year in the series	€ 1,730,678 Land & buildings 2022: € 1,730,678 Unchanged (€ 1,730,678) Unchanged	€ 1,734,921 Land & buildings 2023: € 1,734,921 Unchanged (€ 1,730,678) Unchanged	€ 1,734,487 Land & buildings 2024: € 1,734,487 Unchanged (€ 1,734,921) Unchanged
Retained profit	€ -27,839 Retained profit 2021: € -27,839 First fiscal year in the series	€ 13,698 Retained profit 2022: € 13,698 ▲ € 41,536 vs 2021 (€ -27,839) Favourable step	€ 38,810 Retained profit 2023: € 38,810 ▲ 183% vs 2022 (€ 13,698) Favourable step	€ 79,238 Retained profit 2024: € 79,238 ▲ 104% vs 2023 (€ 38,810) Favourable step	▲ 104%
Bank debt	€ 1,135,950 Bank debt 2021: € 1,135,950 First fiscal year in the series	€ 1,067,152 Bank debt 2022: € 1,067,152 ▼ 6% vs 2021 (€ 1,135,950) Favourable step	€ 991,781 Bank debt 2023: € 991,781 ▼ 7% vs 2022 (€ 1,067,152) Favourable step	€ 914,752 Bank debt 2024: € 914,752 ▼ 8% vs 2023 (€ 991,781) Favourable step	▼ 8%
Balance sheet total	€ 1,948,161 Balance sheet total 2021: € 1,948,161 First fiscal year in the series	€ 1,919,075 Balance sheet total 2022: € 1,919,075 ▼ 1% vs 2021 (€ 1,948,161) Unchanged	€ 1,945,479 Balance sheet total 2023: € 1,945,479 ▲ 1% vs 2022 (€ 1,919,075) Unchanged	€ 1,895,249 Balance sheet total 2024: € 1,895,249 ▼ 3% vs 2023 (€ 1,945,479) Unchanged	▼ 3%

Key figures of SETT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to SETT?

What happened at SETT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 3, 2025 New annual accounts for financial year 2024: profit of € 40,428 (▲ 61% vs 2023). Source: NBB ↗
Jan 20, 2020 New establishment in Horebeke. KBO
2020 Mathijs Vanheule became a director. NBB
2020 Thomas Vanheule became a director. NBB
Jan 20, 2020 Start of the company according to the CBE. KBO

In short

From € 27,839 loss in 2021 to € 40,428 profit in 2024.

Paid € 12,241 in corporate taxes since 2021.

Best year ever: 2022, with € 41,536 profit.

Original PDFs at the National Bank ↗

Management

Mathijs Vanheule Thomas Vanheule

SETT

Behind SETT are Mathijs Vanheule and Thomas Vanheule.

Directors

According to the 2024 annual accounts

Mathijs Vanheule

Director

since 2020

Thomas Vanheule

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Meersestraat 16

9667 Horebeke

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS bysett.be

Canonical: https://www.bysett.be

About

Technologies

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Hosting & Email

Email provider

Self-hosted

Hosting

SQUARESPACE - Squarespace, Inc., US

Website info

HTTPS Ja

Languages NL

Features

Webshop Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ Load balancing

Details

Company number

0741.752.664

VAT number

BE 0741.752.664

Registered office

Meersestraat 16, 9667 Horebeke

Names & denominations

SETT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 January 2020

Peppol

Active · Active since 20 Nov 2025

Contact

bysett.be [email protected]

Activities · NACE

Vakantieverblijven en andere accommodatie voor kort verblijf, neg

Activiteiten van eetgelegenheden met volledige bediening

Cateringdiensten op contractbasis en overige diensten in verband met maaltijden

Catering van evenementen

Cafés en bars

Eetgelegenheden met volledige bediening

Overige eetgelegenheden

View on CBE Public ↗ Annual accounts (NBB) ↗

SETT

Warning lights

Financials

What happened to SETT?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions