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 3.5 to 1.4.
Financials
Financial year 2025
High-SEA from Wavre, company number BE0806380893, closed financial year 2025 with a result of € 57,889 after tax. For that financial year High-SEA recorded a gross margin of € 192,423 and equity of € 389,435. Compared with financial year 2024, the result moved from € 37,527 to € 57,889. Profitable, and profit is growing. 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 July 29, 2026.
€ 389,435
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,889
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 144,074
▼ 12% 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 € 259,012.
People and assets in 2025
1.4
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 97,582
▼ 49% vs 2024
€ 69,700 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.
€ 24,389
▲ € 20,633 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.
€ 304,489
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,051
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,715 | € 311,675 | € 253,325 | € 192,423 | ▼ 24% |
| Profit after taxes | € -12,355 | € 42,553 | € 37,527 | € 57,889 | ▲ 54% |
| Equity | € 269,534 | € 302,311 | € 336,918 | € 389,435 | ▲ 16% |
| Total debts | € 499,243 | € 511,209 | € 465,007 | € 344,938 | ▼ 26% |
| Cash | € 331,824 | € 93,325 | € 164,076 | € 144,074 | ▼ 12% |
| Retained profit | € 139,111 | € 171,889 | € 206,496 | € 259,012 | ▲ 25% |
| Balance sheet total | € 768,777 | € 813,520 | € 801,925 | € 734,373 | ▼ 8% |
| Employees (FTE) | 2 | 3.5 | 2.4 | 1.4 | ▼ 1 |
Key figures of High-SEA, 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 High-SEA?
What happened at High-SEA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,889 (▲ 54% vs 2024). Source: NBB ↗
- ISONOE SRL stepped down as director. NBB
- ISONOE SRL became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,355 loss in 2022 to € 57,889 profit in 2025.
Paid € 56,337 in corporate taxes since 2022.
Best year ever: 2025, with € 57,889 profit.
On average € 137,400 of value added per employee in 2025.
Management
The stake of AGESSYS, ATRIUS, ISONOE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
High-SEAThe shares are held by AGESSYS (9.7%), ATRIUS (2.9%) and ISONOE (2.4%). It owns cociter itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Sonia Breton
since 2020 · until 2024
Participations
Establishments
Establishment units
Physical locations of this company
Avenue Voltaire 3
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0806.380.893
- VAT number
- BE 0806.380.893
- Registered office
- Avenue Voltaire 3, 1300 Wavre
- Names & denominations
- High-SEA · S4IC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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