Financials
Financial year 2025
SETH'S WELDING SERVICE from Brasschaat, company number BE0821015720, closed financial year 2025 with a result of € 2,185 after tax. For that financial year SETH'S WELDING SERVICE recorded a gross margin of € 8,837 and equity of € 28,103. Compared with financial year 2024, the result moved from € 3,468 to € 2,185. 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 July 30, 2026.
€ 28,103
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,185
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 1,835
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
76 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 18,934
▲ 161% vs 2024
€ 4,982 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,879
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,068
▼ 12% 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 | € -1,690 | € 14,389 | € 9,437 | € 8,837 | ▼ 6% |
| Profit after taxes | € -3,646 | € 8,898 | € 3,468 | € 2,185 | ▼ 37% |
| Equity | € 26,838 | € 34,135 | € 27,584 | € 28,103 | ▲ 2% |
| Total debts | € 23,856 | € 21,216 | € 20,034 | € 25,362 | ▲ 27% |
| Cash | € 709 | € 709 | - | € 1,835 | |
| Land & buildings | € 1,246 | € 797 | € 0 | - | |
| Retained profit | € 20,638 | € 27,935 | € 21,384 | € 21,903 | ▲ 2% |
| Dividend | € 0 | € 1,600 | € 10,019 | € 1,666 | ▼ 83% |
| Bank debt | € 15,080 | € 11,786 | € 7,242 | € 18,934 | ▲ 161% |
| Balance sheet total | € 50,693 | € 55,352 | € 47,618 | € 53,465 | ▲ 12% |
Key figures of SETH'S WELDING SERVICE, 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 SETH'S WELDING SERVICE?
What happened at SETH'S WELDING SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,185 (▼ 37% vs 2024). Source: NBB ↗
- Seth Van der Velde became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,646 loss in 2022 to € 2,185 profit in 2025.
Paid € 5,427 in corporate taxes since 2022.
Best year ever: 2023, with € 8,898 profit.
Paid out € 13,285 in dividends to the owners in total.
A new publication or filing at SETH'S WELDING SERVICE? We notify you, reason included.
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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 SETH'S WELDING SERVICE is Seth Van der Velde.
Directors
According to the 2025 annual accounts
Seth Van der Velde
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Goordijk 10
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0821.015.720
- VAT number
- BE 0821.015.720
- Registered office
- Goordijk 10, 2930 Brasschaat
- Names & denominations
- SETH'S WELDING SERVICE · S.W.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2009
- Peppol
- Active · Active since 5 Aug 2025
- Contact
- s-w-s.be
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Verspanend bewerken van metalen
Coating van metalen
Vervaardiging van metalen deuren en vensters
Smeden van metaal
Oppervlaktebehandeling van metalen