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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEATSCO from Ingelmunster, company number BE0777874969, closed financial year 2025 with a result of € 48,218 after tax. For that financial year SEATSCO recorded a gross margin of € 344,559 and equity of € 276,281. Compared with financial year 2024, the result moved from € 21,004 to € 48,218. 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 January 29, 2026.
€ 276,281
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,218
▲ 130% vs 2024
Profit after tax over the fiscal year.
€ 150,963
▼ 19% 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 € 271,281.
People and assets in 2025
6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 264,122
▲ 36% vs 2024
€ 44,000 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.
€ 23,220
▲ 287% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 239,108
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,501
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 473,794 | € 249,473 | € 344,559 | ▲ 38% |
| Profit after taxes | € 202,059 | € 21,004 | € 48,218 | ▲ 130% |
| Equity | € 207,059 | € 228,063 | € 276,281 | ▲ 21% |
| Total debts | € 1,191,375 | € 928,113 | € 1,210,792 | ▲ 30% |
| Cash | € 875,555 | € 186,200 | € 150,963 | ▼ 19% |
| Land & buildings | € 8,994 | € 57,115 | € 83,775 | ▲ 47% |
| Retained profit | € 202,059 | € 223,063 | € 271,281 | ▲ 22% |
| Balance sheet total | € 1,398,434 | € 1,156,176 | € 1,487,073 | ▲ 29% |
| Employees (FTE) | 3 | 5.3 | 6 | ▲ 0.7 |
Key figures of SEATSCO, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SEATSCO?
What happened at SEATSCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,218 (▲ 130% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- New establishment in Antwerpen. KBO
- New establishment in Ingelmunster. KBO
- New establishment in Deinze. KBO
- New establishment in Ingelmunster. KBO
- New establishment in Quaregnon. KBO
- Yarno Andre Neerman became a director. NBB
In short
From € 202,059 profit in 2023 to € 48,218 profit in 2025.
Paid € 81,132 in corporate taxes since 2023.
Best year ever: 2023, with € 202,059 profit.
On average € 57,400 of value added per employee in 2025.
Management
Behind SEATSCO is Yarno Andre Neerman. The shares are held by Yarno Andre Neerman.
Directors
According to the 2025 annual accounts
since 2021
Shareholders
Yarno Andre Neerman · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oliekouterstraat 9
8770 Ingelmunster
Gentsesteenweg 146
9800 Deinze
Active since 30 November 2021
Weststraat 110
8770 Ingelmunster
Active since 30 November 2021
Rue Jules Destrée 72 box B
7390 Quaregnon
Active since 30 November 2021
Korte Dijkstraat 21
2060 Antwerpen
Active since 1 May 2024
Kluizendijkstraat(SGW) 9
9170 Sint-Gillis-Waas
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0777.874.969
- VAT number
- BE 0777.874.969
- Registered office
- Oliekouterstraat 9, 8770 Ingelmunster
- Names & denominations
- SEATSCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2021
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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