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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SETI from Ukkel, company number BE0758750232, closed financial year 2025 with a result of € 73,269 after tax. For that financial year SETI recorded a gross margin of € -5,062 and equity of € 9.4 million. Compared with financial year 2024, the result moved from € 121,862 to € 73,269. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 30, 2025.
€ 9.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,269
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 1,220
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -29,685.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,800
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,492 | € -3,286 | € -4,493 | € -5,062 | ▼ € 569 |
| Profit after taxes | € 19,568 | € 126,151 | € 121,862 | € 73,269 | ▼ 40% |
| Equity | € 9,049,045 | € 9,175,196 | € 9,297,058 | € 9,370,327 | ▲ 1% |
| Total debts | € 3,000 | € 49,095 | € 43,100 | € 23,800 | ▼ 45% |
| Cash | € 40,742 | € 37,161 | € 3,393 | € 1,220 | ▼ 64% |
| Retained profit | € -350,966 | € -224,816 | € -102,954 | € -29,685 | ▲ € 73,269 |
| Balance sheet total | € 9,052,045 | € 9,224,291 | € 9,340,158 | € 9,394,127 | ▲ 1% |
Key figures of SETI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to SETI?
What happened at SETI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,269 (▼ 40% vs 2024). Source: NBB ↗
- Yves JOINAU stepped down as director. NBB
- CARTESIANA became a director. NBB
- Isabelle THOUMYRE became a director. NBB
- Serge GOBLET became a director. NBB
- Yves JOINAU became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,568 profit in 2022 to € 73,269 profit in 2025.
Paid € 110,334 in corporate taxes since 2022.
Best year ever: 2023, with € 126,151 profit.
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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
Behind SETI are CARTESIANA, Isabelle THOUMYRE and Serge GOBLET. It owns 99.9% of LE HARAS DES ISAS itself.
Directors
According to the 2025 annual accounts
Director · represented by Jérôme GOBLET
Also active at: MERRY HORSE FARM, SOCIETE IMMOBILIERE LEVASSEUR, CARBOBOIS, SG IMMOFIN, TOLEFI, SG HOLDING, TOLEFI Wellington, HENDIGO +5 more
since 2020
Isabelle THOUMYRE
Director
Also active at: SG IMMOFIN, TOLEFI, SG HOLDING, TOLEFI Wellington, HENDIGO, TOLEFI CHATELINEAU, Le Haras Des ISas, GREEN REAL ESTATE
since 2020
Serge GOBLET
Managing director
Also active at: MERRY HORSE FARM, SOCIETE IMMOBILIERE LEVASSEUR, CARBOBOIS, TOLEFI, SG HOLDING, TOLEFI Wellington, HENDIGO, TOLEFI CHATELINEAU +6 more
since 2020
Yves JOINAU
Director
Also active at: TOLEFI, SG HOLDING, TOLEFI Wellington, HENDIGO, TOLEFI CHATELINEAU, ESSEGE, Le Haras Des ISas, GREEN REAL ESTATE
since 2020 · until 2024
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1589D
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →SOCIETE IMMOBILIERE LEVASSEUR same network
€ 155,774 revenue · 2025
TOLEFI same network
€ 1.2 million revenue · 2025
BCOH
€ 823,652 gross margin · 2025
SG HOLDING same network
TOLEFI Wellington same network
€ 351,233 revenue · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0758.750.232
- VAT number
- BE 0758.750.232
- Registered office
- Waterloosesteenweg 1589D, 1180 Ukkel
- Names & denominations
- SETI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2020
- Peppol
- Active · Active since 27 Mar 2026