ACTIVE

SEPCCO

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Financial year 2025 · closed on 31/12/2025

Net result

-54,5 k €

+73.5% YoY

Gross margin

800,2 k €

+14.5% YoY

Equity

864,4 k €

+119.0% YoY

Workforce

8,2 ETP

What does SEPCCO do?

SEPCCO is a Public limited company incorporated in 1959. Its registered office is in Drogenbos. It employs on average 8,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.035.997

Incorporation

10/02/1959

Legal form

Public limited company

Registered office

Boulevard de l'Humanité 247
1620 Drogenbos · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

8,2 ETP

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	800,2 k €	+14.5%	699,1 k €	-18.8%	860,7 k €	+9.0%	789,5 k €	-23.7%	1 M €	+10.3%	938,3 k €	+13.4%	827,3 k €	-20.5%	1 M €	+36.2%	764,3 k €	-4.0%	796,3 k €	-10.3%	887,3 k €	-0.9%	895 k €	+28.0%	699,3 k €	+16.1%	602,5 k €	+23.8%	486,6 k €	-24.6%	645,3 k €	+16.9%	552,2 k €	+4.5%	528,6 k €	+16.4%	454 k €
EBITDA	95,3 k €	+244%	-66,4 k €	-132%	205,2 k €	+51.4%	135,5 k €	-66.3%	402 k €	+34.3%	299,2 k €	-21.4%	380,5 k €	-46.0%	704,4 k €	+62.7%	432,9 k €	+41.0%	307 k €	-41.4%	523,7 k €	-16.4%	626,3 k €	+58.8%	394,4 k €	+23.7%	318,8 k €	+30.5%	244,4 k €	-39.2%	402,1 k €	+48.6%	270,6 k €	+18.1%	229,2 k €	+97.9%	115,8 k €
Operating result	25,8 k €	+121%	-122,5 k €	-184%	145,6 k €	+93.6%	75,2 k €	-77.6%	335,6 k €	+24.9%	268,7 k €	-14.7%	315 k €	-54.9%	699 k €	+66.4%	420,1 k €	+21.0%	347,3 k €	-32.0%	510,8 k €	-15.5%	604,2 k €	+97.6%	305,7 k €	+3.9%	294,3 k €	+42.7%	206,2 k €	-39.3%	339,9 k €	+42.2%	239 k €	+19.7%	199,7 k €	+124%	89 k €
Net result	-54,5 k €	+73.5%	-205,5 k €	-414%	65,4 k €	+309%	16 k €	-92.4%	210,7 k €	+27.4%	165,4 k €	-29.3%	233,8 k €	-50.8%	475,7 k €	+86.1%	255,6 k €	+18.4%	215,8 k €	-33.9%	326,6 k €	-17.3%	394,9 k €	+121%	178,4 k €	+0.2%	178 k €	+40.5%	126,7 k €	-42.1%	218,7 k €	+50.6%	145,2 k €	+26.1%	115,2 k €	+140%	48,1 k €
Balance sheet
Equity	864,4 k €	+119%	394,7 k €	-69.6%	1,3 M €	+5.3%	1,2 M €	-13.1%	1,4 M €	+1.8%	1,4 M €	+8.2%	1,3 M €	+22.1%	1,1 M €	+35.3%	781,2 k €	+17.4%	665,6 k €	-8.0%	723,8 k €	+10.1%	657,2 k €	-29.5%	931,7 k €	+6.1%	878,3 k €	+25.4%	700,3 k €	+22.1%	573,6 k €	+13.6%	504,9 k €	+40.4%	359,8 k €	+47.1%	244,6 k €
Total assets	3,5 M €	+2.3%	3,4 M €	-11.1%	3,8 M €	+5.7%	3,6 M €	+5.6%	3,4 M €	-8.8%	3,8 M €	+4.8%	3,6 M €	+26.8%	2,8 M €	+47.4%	1,9 M €	-35.6%	3 M €	+1.4%	3 M €	+9.1%	2,7 M €	+11.1%	2,4 M €	+28.6%	1,9 M €	+38.7%	1,4 M €	+8.2%	1,3 M €	+33.7%	943,9 k €	+4.3%	904,7 k €	+117%	417,5 k €
Cash	73,6 k €	+11.0%	66,3 k €	-86.7%	500 k €	-48.1%	963,6 k €	+12.5%	856,5 k €	-20.7%	1,1 M €	+86.3%	579,7 k €	-21.5%	738,6 k €	-14.0%	858,5 k €	+15.2%	745,2 k €	-37.1%	1,2 M €	+169%	439,7 k €	-9.0%	483 k €	+221%	150,6 k €	+115%	69,9 k €	-83.1%	413,6 k €	+497%	69,3 k €	-48.1%	133,6 k €	+231%	40,4 k €
Debts	2,5 M €	-14.8%	3 M €	+20.6%	2,5 M €	+6.3%	2,3 M €	+18.5%	2 M €	-17.4%	2,4 M €	+3.1%	2,3 M €	+29.7%	1,8 M €	+56.0%	1,1 M €	-51.0%	2,3 M €	+4.6%	2,2 M €	+10.4%	2 M €	+34.3%	1,5 M €	+48.0%	1 M €	+52.8%	664,3 k €	-3.1%	685,7 k €	+58.6%	432,4 k €	-20.7%	544,9 k €	+215%	172,9 k €
Other
Workforce	8,2 ETP		0,0 ETP	-100%	8,6 ETP	-4.4%	9,0 ETP	-4.3%	9,4 ETP	-2.1%	9,6 ETP	+41.2%	6,8 ETP	+36.0%	5,0 ETP	-2.0%	5,1 ETP	-13.6%	5,9 ETP	-1.7%	6,0 ETP	+17.6%	5,1 ETP	-3.8%	5,3 ETP	-13.1%	6,1 ETP	+7.0%	5,7 ETP	+9.6%	5,2 ETP	-14.8%	6,1 ETP	-17.6%	7,4 ETP	-6.3%	7,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

ERAL

Director · since 23 octobre 2023 · 0861.465.215

Represented by Allegaert Eric

Active

Eric Allegaert

Director

Active

Ended mandates

ERAL

Director · since 23 octobre 2023 · until 21 avril 2029 · 0861.465.215

Represented by Allegaert ERIC

Ended

AURELIE LECLERCQ

Director · since 27 février 2018

Ended

Aurélie LECLERCQ

Director · since 27 février 2018 · until 21 avril 2022

Ended

Aurélie LECLERCQ

Director · since 27 février 2018 · until 21 avril 2028

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2026	07/08/2025	23/08/2024	10/05/2023	16/05/2022	17/06/2021
General meeting	21/04/2026	23/07/2025	12/05/2024	21/04/2023	21/04/2022	21/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/04/2026	28/04/2026	Dutch	PDF
Abridged model	31/12/2024	23/07/2025	07/08/2025	Dutch	PDF
Abridged model	31/12/2023	12/05/2024	23/08/2024	Dutch	PDF
Abridged model	31/12/2022	21/04/2023	10/05/2023	Dutch	PDF
Abridged model	31/12/2021	21/04/2022	16/05/2022	Dutch	PDF
Abridged model	31/12/2020	21/04/2021	17/06/2021	Dutch	PDF
Abridged model	31/12/2019	21/04/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	24/04/2019	25/06/2019	French	PDF
Abridged model	31/12/2017	25/04/2018	21/06/2018	French	PDF
Abridged model	31/12/2016	26/04/2017	29/06/2017	French	PDF
Abridged modelCorrection	31/12/2015	26/04/2016	29/07/2016	French	PDF
Abridged model	31/12/2015	26/04/2016	26/05/2016	French	PDF
Abridged model	31/12/2014	11/05/2015	04/06/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	25/07/2014	French	PDF
Abridged model	31/12/2012	05/06/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	10/09/2012	25/09/2012	French	PDF
Abridged modelCorrection	31/12/2010	06/04/2011	11/09/2012	French	PDF
Abridged model	31/12/2010	06/04/2011	13/05/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	15/06/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	29/10/2009	French	PDF
Abridged model	31/12/2007	02/04/2008	18/11/2008	French	PDF
Abridged model	31/12/2006	04/04/2007	05/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

ERAL

Director · since 23 octobre 2023 · 0861.465.215

Represented by Allegaert Eric

Active

Eric Allegaert

Director

Active

Ended mandates

ERAL

Director · since 23 octobre 2023 · until 21 avril 2029 · 0861.465.215

Represented by Allegaert ERIC

Ended

AURELIE LECLERCQ

Director · since 27 février 2018

Ended

Aurélie LECLERCQ

Director · since 27 février 2018 · until 21 avril 2022

Ended

Aurélie LECLERCQ

Director · since 27 février 2018 · until 21 avril 2028

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/06/2020
SIEGE SOCIAL - OBJET - ASSEMBLEE GENERALE
PDF
Other28/04/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/04/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates16/03/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2014
DEMISSIONS, NOMINATIONS - DIVERS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-54,5 k €↑
2024
Annual accounts 2024-205,5 k €↓
2023
Annual accounts 202365,4 k €↑
2022
Annual accounts 202216 k €↓
2021
Annual accounts 2021210,7 k €↑
2020
Annual accounts 2020165,4 k €↓
2019
Annual accounts 2019233,8 k €↓
2018
Annual accounts 2018475,7 k €↑
2017
Annual accounts 2017255,6 k €↑
2016
Annual accounts 2016215,8 k €↓
2015
Annual accounts 2015326,6 k €↓
2014
Annual accounts 2014394,9 k €↑
2013
Annual accounts 2013178,4 k €↑
2012
Annual accounts 2012178 k €↑
2011
Annual accounts 2011126,7 k €↓
2010
Annual accounts 2010218,7 k €↑
2009
Annual accounts 2009145,2 k €↑
2008
Annual accounts 2008115,2 k €↑
2007
Annual accounts 200748,1 k €
10/02/1959
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SEPCCO

Overview

What does SEPCCO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline