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 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEPELIO from Morlanwelz, company number BE0803999643, closed financial year 2025 with a result of € -7,738 after tax. For that financial year SEPELIO recorded a gross margin of € 308,293 and equity of € 22,700. Compared with financial year 2024, the result moved from € 24,438 to € -7,738. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 22,700
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,738
▼ still € 24,438 profit in 2024
Profit after tax over the fiscal year.
€ 7,080
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16,700.
People and assets in 2025
€ 253,081
▲ 36% 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.
€ 118,805
▲ 11% vs 2024
Of which on lease € 32,856.
Debts at end 2025
€ 176,388
▲ 92% vs 2024
€ 43,664 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 60,221
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,517
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 257,283 | € 308,293 | ▲ 20% |
| Profit after taxes | € 24,438 | € -7,738 | ▼ € 32,176 |
| Equity | € 30,438 | € 22,700 | ▼ 25% |
| Total debts | € 168,622 | € 308,796 | ▲ 83% |
| Cash | € 19,821 | € 7,080 | ▼ 64% |
| Retained profit | € 24,438 | € 16,700 | ▼ 32% |
| Bank debt | € 92,107 | € 176,388 | ▲ 92% |
| Balance sheet total | € 199,060 | € 331,495 | ▲ 67% |
| Employees (FTE) | 3 | - |
Key figures of SEPELIO, fiscal years 2024 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 SEPELIO?
What happened at SEPELIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,738 (▼ € 32,176 vs 2024). Source: NBB ↗
- New establishment in Le Roeulx. KBO
- New establishment in Morlanwelz. KBO
- Maxime Ravet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,438 profit in 2024 to € 7,738 loss in 2025.
Paid € 12,094 in corporate taxes since 2024.
Best year ever: 2024, with € 24,438 profit.
On average € 85,800 of value added per employee in 2024.
Management
Behind SEPELIO is Maxime Ravet.
Directors
According to the 2025 annual accounts
Maxime Ravet
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue de Vierset(MSA) 144
7141 Morlanwelz
Rue d'Houdeng(R) 195
7070 Le Roeulx
Active since 1 May 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.999.643
- VAT number
- BE 0803.999.643
- Registered office
- Rue de Vierset(MSA) 144, 7141 Morlanwelz
- Names & denominations
- SEPELIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2023
- Peppol
- Active · Active since 29 Apr 2026
- Activities · NACE
Houwen, bewerken en afwerken van natuursteen
Bouwrijp maken van terreinen
Handelsbemiddeling in de groothandel in andere specifieke goederen
Landschapsverzorging
Bouw van water- en gasdistributienetten
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Overige industrie, neg
Overige gespecialiseerde bouwactiviteiten, neg
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