Financials
Financial year 2025
SETO from Dessel, company number BE0791188913, closed financial year 2025 with a result of € 16,908 after tax. For that financial year SETO recorded a gross margin of € 42,772 and equity of € 115,791. Compared with financial year 2024, the result moved from € 65,099 to € 16,908. 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 February 16, 2026.
€ 115,791
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,908
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 63,837
▲ 265% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,000 paid out
24 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 33,804
▲ € 30,340 vs 2024
Of which on lease € 26,821.
Debts at end 2025
€ 27,581
▲ 151% vs 2024
€ 9,269 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 25,133
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,131
▼ 35% 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 | € 2,890 | € 48,155 | € 101,999 | € 42,772 | ▼ 58% |
| Profit after taxes | € 864 | € 30,921 | € 65,099 | € 16,908 | ▼ 74% |
| Equity | € 6,864 | € 37,785 | € 102,884 | € 115,791 | ▲ 13% |
| Total debts | € 36,699 | € 37,600 | € 78,529 | € 73,267 | ▼ 7% |
| Cash | € 5,577 | € 8,638 | € 17,490 | € 63,837 | ▲ 265% |
| Retained profit | € 864 | € 31,785 | € 96,884 | € 109,791 | ▲ 13% |
| Dividend | € 0 | € 0 | € 0 | € 4,000 | |
| Bank debt | € 25,356 | € 18,324 | € 10,998 | € 27,581 | ▲ 151% |
| Balance sheet total | € 43,563 | € 75,385 | € 181,413 | € 189,058 | ▲ 4% |
Key figures of SETO, 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 SETO?
What happened at SETO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,908 (▼ 74% vs 2024). Source: NBB ↗
- New establishment in Dessel. KBO
- Senne Nuyts became a director. NBB
- Toon Verschueren became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 864 profit in 2022 to € 16,908 profit in 2025.
Paid € 27,473 in corporate taxes since 2022.
Best year ever: 2024, with € 65,099 profit.
Paid out € 4,000 in dividends to the owners in total.
Management
Behind SETO are Senne Nuyts and Toon Verschueren.
Directors
According to the 2025 annual accounts
Senne Nuyts
Director
since 2022
Toon Verschueren
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kastelsedijk 36C
2480 Dessel
Kastelsedijk 36 C
2480 Dessel
Active since 21 September 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0791.188.913
- VAT number
- BE 0791.188.913
- Registered office
- Kastelsedijk 36C, 2480 Dessel
- Names & denominations
- SETO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2022
- Peppol
- Active · Active since 4 Aug 2025
- Activities · NACE
Sanitaire werkzaamheden
Algemene elektrotechnische installatiewerken