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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEPKO+ from Koksijde, company number BE0777995032, closed financial year 2025 with a result of € 37,112 after tax. For that financial year SEPKO+ recorded a gross margin of € 192,742 and equity of € 1 million. Compared with financial year 2024, the result moved from € -20,070 to € 37,112. 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 July 16, 2026.
€ 1 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,112
▲ still € 20,070 loss in 2024
Profit after tax over the fiscal year.
€ 130,640
▲ 70% 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 € 999,843.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 31,428
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 111% vs 2024
€ 90,256 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 24,970
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,693
▼ 48% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 88,755 | € 157,902 | € 192,742 | ▲ 22% |
| Profit after taxes | € 11,543 | € -20,070 | € 37,112 | ▲ € 57,182 |
| Equity | € 1,005,550 | € 985,480 | € 1,018,066 | ▲ 3% |
| Total debts | € 1,758,862 | € 1,476,269 | € 2,087,034 | ▲ 41% |
| Cash | € 34,694 | € 76,848 | € 130,640 | ▲ 70% |
| Land & buildings | € 1,472,485 | € 1,416,774 | € 1,371,611 | ▼ 3% |
| Retained profit | € 982,801 | € 962,731 | € 999,843 | ▲ 4% |
| Bank debt | € 1,031,442 | € 616,731 | € 1,298,806 | ▲ 111% |
| Balance sheet total | € 2,764,413 | € 2,461,749 | € 3,136,678 | ▲ 27% |
By gross margin, SEPKO+ ranks 5th of 29 companies with main activity “Activiteiten van hoofdkantoren” in Koksijde that publish figures (fiscal year 2025).
Key figures of SEPKO+, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about SEPKO+ the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SEPKO+?
What happened at SEPKO+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,112. Source: NBB ↗
- New establishment in Koksijde. KBO
- Koen Van der Vurst became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,543 profit in 2023 to € 37,112 profit in 2025.
Paid € 5,310 in corporate taxes since 2023.
Best year ever: 2025, with € 37,112 profit.
Management
Behind SEPKO+ is Koen Van der Vurst. Koen Van der Vurst is also behind Vlot Invest.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Zeedijk (Odk) 483 box 3
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0777.995.032
- VAT number
- BE 0777.995.032
- Registered office
- Zeedijk (Odk) 483 bus 3, 8670 Koksijde
- Names & denominations
- SEPKO+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2021
- Peppol
- Active · Active since 23 Apr 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
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