Financials
Financial year 2025
Seci from Tongeren-Borgloon, company number BE0762509872, closed financial year 2025 with a result of € 158,969 after tax. For that financial year Seci recorded a gross margin of € 301,793 and equity of € 344,281. Compared with financial year 2024, the result moved from € 43,442 to € 158,969. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 344,281
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,969
▲ 266% vs 2024
Profit after tax over the fiscal year.
€ 194,121
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 170,588 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 270
▼ 87% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 229,748
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 34,068
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 3,008
▲ 118% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 123,304
▲ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 204,715 | € 177,905 | € 122,417 | € 301,793 | ▲ 147% |
| Profit after taxes | € 134,719 | € 81,354 | € 43,442 | € 158,969 | ▲ 266% |
| Equity | € 231,105 | € 312,458 | € 355,901 | € 344,281 | ▼ 3% |
| Total debts | € 172,643 | € 179,324 | € 149,433 | € 161,713 | ▲ 8% |
| Cash | € 275,330 | € 82,473 | € 156,246 | € 194,121 | ▲ 24% |
| Retained profit | € 228,105 | € 309,458 | € 352,901 | € 341,281 | ▼ 3% |
| Dividend | € 0 | € 0 | € 0 | € 170,588 | |
| Bank debt | € 51,616 | € 88,609 | € 61,933 | € 34,068 | ▼ 45% |
| Balance sheet total | € 403,748 | € 491,782 | € 505,334 | € 505,994 |
Key figures of Seci, 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 Seci?
What happened at Seci in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 158,969 (▲ 266% vs 2024). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 134,719 profit in 2022 to € 158,969 profit in 2025.
Paid € 186,762 in corporate taxes since 2022.
Best year ever: 2025, with € 158,969 profit.
Paid out € 170,588 in dividends to the owners in total.
Management
Behind Seci is Mikael Vardakis.
Directors
According to the 2025 annual accounts
Mikael Vardakis
Director
Establishments
Establishment units
Physical locations of this company
Schaapsweide 6 box 4
3700 Tongeren-Borgloon
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
- 0762.509.872
- VAT number
- BE 0762.509.872
- Registered office
- Schaapsweide 6 bus 4, 3700 Tongeren-Borgloon
- Names & denominations
- Seci
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2021
- Peppol
- Active · Active since 18 Jun 2025
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