Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7.2 to 1.9.
Financials
Financial year 2025
SEALD BELGIUM from Hoogstraten, company number BE0785489073, closed financial year 2025 with a result of € 411 after tax. For that financial year SEALD BELGIUM recorded a gross margin of € 190,126 and equity of € 291,070. Compared with financial year 2024, the result moved from € 120,933 to € 411. The company is profitable. 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.
€ 291,070
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 411
▼ € 120,521 vs 2024
Profit after tax over the fiscal year.
€ 23,390
▼ 14% 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 € 191,070.
People and assets in 2025
1.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 169,900
▼ 6% vs 2024
€ 89,400 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.
Debts at end 2025
€ 226,449
€ 32,561 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 375,572
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,795
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,015,665 | € 352,563 | € 190,126 | ▼ 46% |
| Profit after taxes | € 69,726 | € 120,933 | € 411 | ▼ € 120,521 |
| Equity | € 169,726 | € 290,658 | € 291,070 | |
| Total debts | € 1,397,091 | € 529,142 | € 694,817 | ▲ 31% |
| Cash | € 79,373 | € 27,134 | € 23,390 | ▼ 14% |
| Retained profit | € 69,726 | € 190,658 | € 191,070 | |
| Bank debt | € 0 | € 0 | € 226,449 | |
| Balance sheet total | € 1,566,817 | € 819,801 | € 985,886 | ▲ 20% |
| Employees (FTE) | 7.2 | 2.7 | 1.9 | ▼ 0.8 |
Key figures of SEALD BELGIUM, 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.
What happened to SEALD BELGIUM?
What happened at SEALD BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Refined stepped down as director. NBB
- Firgun Management stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 411 (▼ € 120,521 vs 2024). Source: NBB ↗
- Firgun Management became a director. NBB
- New establishment in Hoogstraten. KBO
- Refined became a director. NBB
- Jan Coenegrachts became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 69,726 profit in 2023 to € 411 profit in 2025.
Paid € 86,863 in corporate taxes since 2023.
Best year ever: 2024, with € 120,933 profit.
On average € 100,100 of value added per employee in 2025.
Management
The stake of SEALD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEALD BELGIUMBehind SEALD BELGIUM is Jan Coenegrachts. The shares are held by SEALD (100%).
Directors
According to the 2025 annual accounts
Jan Coenegrachts
Managing director
Also active at: Marsim Beheer, IMNOSEN, PHILCO, BEHEER QUIRIJNEN, COENEGRACHTS STABLES, VASTGOED CW RE1, ICN PERENSTRAAT, ONE GROUP +21 more
since 2022
Director · represented by Nic Vervoort
Also active at: ONE Holding, SEALD, ONE CONSTRUCTION, Seald Invest I, SEALD INVEST II, ONE NOORD, IMMO NOORD, FORTA
since 2022 · until 2028
since 2023 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karel Boomstraat 2
2320 Hoogstraten
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →BEHEER QUIRIJNEN same network
€ 2.4 million gross margin · 2025
SEALD same network
€ 68,288 gross margin · 2025
Seald Invest I same network
€ 487,536 gross margin · 2025
SEALD INVEST II same network
€ 96,994 gross margin · 2025
VVL INVEST same network
€ 264,105 gross margin · 2025
+3 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
- 0785.489.073
- VAT number
- BE 0785.489.073
- Registered office
- Karel Boomstraat 2, 2320 Hoogstraten
- Names & denominations
- SEALD BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2022
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering