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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 1 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SEVEN SEAS from Gingelom, company number BE0752750385, closed financial year 2025 with a result of € -1,499 after tax. For that financial year SEVEN SEAS recorded a gross margin of € -595 and equity of € -99,661. Compared with financial year 2024, the result moved from € -24,334 to € -1,499. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ -99,661
▼ € 1,499 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,499
▲ 94 % less loss than in 2024
Profit after tax over the fiscal year.
€ 397
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -129,661.
Debts at end 2025
€ 36,000
Loans from banks and other lenders, long and short.
€ 537
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,894 | € -8,841 | € -429 | € -595 | ▼ € 166 |
| Profit after taxes | € -8,191 | € -15,106 | € -24,334 | € -1,499 | ▲ € 22,834 |
| Equity | € -58,723 | € -73,829 | € -98,162 | € -99,661 | ▼ € 1,499 |
| Total debts | € 162,798 | € 107,868 | € 107,995 | € 100,059 | ▼ 7% |
| Cash | € 17,547 | € 608 | € 940 | € 397 | ▼ 58% |
| Retained profit | € -88,723 | € -103,829 | € -128,162 | € -129,661 | ▼ € 1,499 |
| Bank debt | € 120,000 | € 45,000 | € 36,000 | € 36,000 | |
| Balance sheet total | € 104,075 | € 34,040 | € 9,833 | € 397 | ▼ 96% |
| Employees (FTE) | 0.5 | - | - | - |
Key figures of SEVEN SEAS, 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 SEVEN SEAS?
What happened at SEVEN SEAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,499. Source: NBB ↗
- Wim Van Cauter became a director. NBB
- Ilona Stieners became a director. NBB
- Caractère NV stepped down as director. NBB
- Caractère NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ninove. KBO
In short
From € 8,191 loss in 2022 to € 1,499 loss in 2025.
Management
The stake of CARACTERE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEVEN SEASBehind SEVEN SEAS are Wim Van Cauter and Ilona Stieners. The shares are held by CARACTERE (50%).
Directors
According to the 2025 annual accounts
since 2026
since 2026
Director · represented by Wim Van Cauter
since 2020 · until 2026
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 27 box C
3890 Gingelom
Gentsestraat 20
9400 Ninove
Active since 18 August 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0752.750.385
- VAT number
- BE 0752.750.385
- Registered office
- Kasteelstraat 27 bus C, 3890 Gingelom
- Names & denominations
- SEVEN SEAS · TRAVEL ATELIER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 2020
- Peppol
- Active · Active since 23 Sept 2026
- Activities · NACE
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