Financials
Financial year 2025
SEA PROJECTS from Pajottegem, company number BE0819199840, closed financial year 2025 with a result of € 16,444 after tax. For that financial year SEA PROJECTS recorded a gross margin of € 82,214 and equity of € 142,616. Compared with financial year 2024, the result moved from € -4,968 to € 16,444. 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 June 26, 2026.
€ 142,616
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,444
▲ still € 4,968 loss in 2024
Profit after tax over the fiscal year.
€ 133,103
▲ € 126,194 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 € 17,616.
People and assets in 2025
€ 393,487
Of which on lease € 393,487.
Debts at end 2025
€ 271,558
▼ 43% vs 2024
€ 14,091 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 70,273
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,171
▲ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,380 | € 42,419 | € 91,566 | € 82,214 | ▼ 10% |
| Profit after taxes | € -1,730 | € -4,184 | € -4,968 | € 16,444 | ▲ € 21,412 |
| Equity | € 147,282 | € 143,098 | € 138,131 | € 142,616 | ▲ 3% |
| Total debts | € 700,338 | € 736,071 | € 859,906 | € 646,027 | ▼ 25% |
| Cash | € 11,453 | € 5,041 | € 6,909 | € 133,103 | ▲ € 126,194 |
| Land & buildings | € 16,898 | € 16,898 | € 16,898 | € 27,595 | ▲ 63% |
| Retained profit | € 22,282 | € 18,098 | € 13,130 | € 17,616 | ▲ 34% |
| Bank debt | € 476,000 | € 476,000 | € 476,000 | € 271,558 | ▼ 43% |
| Balance sheet total | € 867,654 | € 890,986 | € 1,001,636 | € 800,001 | ▼ 20% |
Key figures of SEA PROJECTS, 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 SEA PROJECTS?
What happened at SEA PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,444. Source: NBB ↗
- Maxim Dewaele became a director. NBB
- Olivier Louis Dewaele became a director. NBB
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,730 loss in 2022 to € 16,444 profit in 2025.
Paid € 13,942 in corporate taxes since 2022.
Best year ever: 2025, with € 16,444 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SEA PROJECTS are Olivier Louis Dewaele and Maxim Dewaele.
Directors
According to the 2025 annual accounts
Olivier Louis Dewaele
Director
since 2021
Maxim Dewaele
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Bettestraat 1
1755 Pajottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0819.199.840
- VAT number
- BE 0819.199.840
- Registered office
- Bettestraat 1, 1755 Pajottegem
- Names & denominations
- SEA PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2009
- Peppol
- Active · Active since 27 Mar 2026
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