Financials
Financial year 2025
SEASQUARE from Brussel, company number BE0877576816, closed financial year 2025 with a result of € 14,835 after tax. For that financial year SEASQUARE recorded a gross margin of € 59,935 and equity of € 69,726. Compared with financial year 2024, the result moved from € 20,782 to € 14,835. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 69,726
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,835
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 72,247
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 66,166 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,600
▲ 208% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,115
▼ 43% vs 2024
€ 28,424 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 57,236
▲ 165% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,871
▼ 25% 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 | € 47,696 | € 66,691 | € 50,410 | € 59,935 | ▲ 19% |
| Profit after taxes | € 11,627 | € 19,653 | € 20,782 | € 14,835 | ▼ 29% |
| Equity | € 103,517 | € 101,075 | € 121,057 | € 69,726 | ▼ 42% |
| Total debts | € 167,102 | € 172,223 | € 116,684 | € 183,435 | ▲ 57% |
| Cash | € 80,733 | € 94,694 | € 82,319 | € 72,247 | ▼ 12% |
| Land & buildings | € 9,229 | € 8,162 | € 7,095 | € 6,028 | ▼ 15% |
| Retained profit | € 97,317 | € 94,875 | € 114,857 | € 63,526 | ▼ 45% |
| Dividend | € 800 | € 22,095 | € 800 | € 66,166 | ▲ € 65,366 |
| Bank debt | € 116,023 | € 89,555 | € 61,491 | € 35,115 | ▼ 43% |
| Balance sheet total | € 270,618 | € 273,298 | € 237,741 | € 253,161 | ▲ 6% |
Key figures of SEASQUARE, 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 SEASQUARE?
What happened at SEASQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,835 (▼ 29% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,627 profit in 2022 to € 14,835 profit in 2025.
Paid € 27,668 in corporate taxes since 2022.
Best year ever: 2024, with € 20,782 profit.
Paid out € 89,861 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
CHRISTIAN COUGNET
Manager
Establishments
Establishment units
Physical locations of this company
Schapenweg 136
1020 Brussel
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
Microsoft 365
Hosting
AUTOMATTIC - Automattic, Inc, US
Website info
Features
Security
Network
Details
- Company number
- 0877.576.816
- VAT number
- BE 0877.576.816
- Registered office
- Schapenweg 136, 1020 Brussel
- Names & denominations
- SEASQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2005
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- seasquare.be
- Activities · NACE
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Elektrische installatie
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Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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Handel in eigen onroerend goed
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
Handelsbemiddeling in goederen, algemeen assortiment
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