ACTIVE

SEAGULL

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Financial year 2025 · closed on 31/12/2025

Net result

481,8 k €

+109.7% YoY

Gross margin

1,4 M €

+22.6% YoY

Equity

1,1 M €

+130.0% YoY

Workforce

16,2 ETP

-12.4% YoY

What does SEAGULL do?

SEAGULL is a Public limited company incorporated in 1983. Its registered office is in Brugge. It employs on average 16,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.757.555

Incorporation

04/11/1983

Legal form

Public limited company

Registered office

Gotevlietstraat 13
8000 Brugge · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Average workforce

16,2 ETP

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2013		2007
Income statement
Gross margin	1,4 M €	+22.6%	1,2 M €	+17.2%	989,9 k €	+67.6%	590,8 k €	-47.3%	1,1 M €	-3.9%	1,2 M €	-9.1%	1,3 M €	-11.3%	1,4 M €	-5.1%	1,5 M €		–		–		–		–		933,9 k €
EBITDA	645,8 k €	+54.1%	419 k €	+880%	42,7 k €	+112%	-358,6 k €	-311%	170,3 k €	-31.0%	246,9 k €	+5.5%	234 k €	+16.6%	200,7 k €	-45.7%	369,3 k €	-33.1%	551,8 k €	-35.4%	854,1 k €	+32.9%	642,4 k €	+18.2%	543,5 k €	+174%	198,5 k €
Operating result	501,2 k €	+78.9%	280,2 k €	+367%	-105,1 k €	+81.8%	-578,4 k €	-1000%	-52,6 k €	-1146%	-4,2 k €	+89.4%	-40 k €	+42.9%	-70 k €	-163%	111,9 k €	-61.0%	286,6 k €	-54.7%	633 k €	+21.8%	519,5 k €	+76.0%	295,2 k €	+379%	-105,9 k €
Net result	481,8 k €	+110%	229,8 k €	+328%	-100,9 k €	+83.1%	-597,6 k €	-731%	-71,9 k €	-167%	-26,9 k €	+61.5%	-69,9 k €	+28.3%	-97,5 k €	-249%	65,5 k €	-68.4%	207,5 k €	-62.7%	555,8 k €	-65.3%	1,6 M €	+478%	277 k €	+270%	-162,5 k €
Balance sheet
Equity	1,1 M €	+130%	472,3 k €	+94.7%	242,5 k €	-29.4%	343,5 k €	-63.5%	941,1 k €	-11.7%	1,1 M €	-2.5%	1,1 M €	-6.0%	1,2 M €	-17.6%	1,4 M €	+4.9%	1,3 M €	-16.6%	1,6 M €	+52.6%	1,1 M €	-43.6%	1,9 M €	+207%	610,3 k €
Total assets	3,7 M €	+51.0%	2,5 M €	-3.0%	2,5 M €	-23.0%	3,3 M €	-22.1%	4,2 M €	+25.4%	3,4 M €	-9.6%	3,7 M €	-7.8%	4,1 M €	+1.1%	4 M €	+15.7%	3,5 M €	-7.9%	3,8 M €	+6.0%	3,6 M €	-5.2%	3,8 M €	+18.8%	3,2 M €
Cash	633,8 k €	+228%	193,3 k €	+133%	82,9 k €	-67.3%	253,6 k €	-25.8%	341,7 k €	+1084%	28,9 k €	+178%	10,4 k €	-83.3%	62,3 k €	-23.5%	81,4 k €	+124%	36,3 k €	-58.6%	87,6 k €	-47.6%	167,3 k €	+43.9%	116,3 k €	+199%	38,9 k €
Debts	2,6 M €	+31.7%	2 M €	-12.1%	2,3 M €	-22.2%	2,9 M €	-10.7%	3,3 M €	+41.6%	2,3 M €	-11.8%	2,6 M €	-9.1%	2,9 M €	+10.9%	2,6 M €	+23.4%	2,1 M €	-0.0%	2,1 M €	-13.9%	2,4 M €	+36.9%	1,8 M €	-28.9%	2,5 M €
Other
Workforce	16,2 ETP	-12.4%	18,5 ETP	0.0%	18,5 ETP	-10.6%	20,7 ETP	-5.9%	22,0 ETP	-2.7%	22,6 ETP	-19.6%	28,1 ETP	-11.4%	31,7 ETP	+2.3%	31,0 ETP	-1.3%	31,4 ETP	+0.6%	31,2 ETP	+8.3%	28,8 ETP	+2.5%	28,1 ETP	+15.6%	24,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 45 ended

Active mandates

PHIOLINE

Director · since 12 décembre 2023 · until 31 mai 2028 · 0869.557.092

Represented by Caroline DE REU

Active

Ended mandates

PHIOLINE

Director · since 12 décembre 2023 · until 31 mai 2028 · 0869.557.092

Represented by Caroline De Reu

Ended

PHIOLINE

Director · since 23 décembre 2022 · until 12 décembre 2023 · 0869.557.092

Represented by Gilles Colanbeen

Ended

SEVEN SEAS

Director · since 26 mai 2022 · until 12 décembre 2023 · 0828.464.132

Represented by Caroline De Reu

Ended

PHIOLINE

Director · since 26 mai 2020 · 0869.557.092

Represented by Bart Ledeganch

Ended

At this address

Other companies at this address

Company	CBE no.
GROEP SEAGULL● Active	0525.934.097
SEVEN SEAS● Active	0828.464.132

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	30/04/2026	16/06/2025	27/06/2024	19/07/2023	26/07/2022	27/07/2021
General meeting	28/04/2026	28/05/2025	29/05/2024	30/06/2023	30/06/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/04/2026	30/04/2026	Dutch	PDF
Abridged model	31/12/2024	28/05/2025	16/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/05/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	27/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	25/08/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/05/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	13/06/2017	Dutch	PDF
Full model	31/12/2015	25/05/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	27/05/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	24/06/2014	Dutch	PDF
Full model	31/03/2013	16/09/2013	30/09/2013	Dutch	PDF
Abridged model	31/03/2012	15/09/2012	05/10/2012	Dutch	PDF
Abridged model	31/03/2011	15/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/03/2010	15/09/2010	16/09/2010	Dutch	PDF
Abridged model	31/03/2009	15/09/2009	14/10/2009	Dutch	PDF
Abridged model	31/03/2008	15/09/2008	13/10/2008	Dutch	PDF
Abridged model	31/03/2007	17/09/2007	09/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 1 active · 45 ended

Active mandates

PHIOLINE

Director · since 12 décembre 2023 · until 31 mai 2028 · 0869.557.092

Represented by Caroline DE REU

Active

Ended mandates

PHIOLINE

Director · since 12 décembre 2023 · until 31 mai 2028 · 0869.557.092

Represented by Caroline De Reu

Ended

PHIOLINE

Director · since 23 décembre 2022 · until 12 décembre 2023 · 0869.557.092

Represented by Gilles Colanbeen

Ended

SEVEN SEAS

Director · since 26 mai 2022 · until 12 décembre 2023 · 0828.464.132

Represented by Caroline De Reu

Ended

PHIOLINE

Director · since 26 mai 2020 · 0869.557.092

Represented by Bart Ledeganch

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2016
benoeming bestuurder
PDF
Mandates18/03/2016
ontslag en benoeming bestuurder
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 2025481,8 k €↑
2024
Annual accounts 2024229,8 k €↑
2023
Annual accounts 2023-100,9 k €↑
2022
Annual accounts 2022-597,6 k €↓
2021
Annual accounts 2021-71,9 k €↓
2019
Annual accounts 2019-26,9 k €↑
2018
Annual accounts 2018-69,9 k €↑
2017
Annual accounts 2017-97,5 k €↓
2016
Annual accounts 201665,5 k €↓
2015
Annual accounts 2015207,5 k €↓
2014
Annual accounts 2014555,8 k €↓
2013
Annual accounts 20131,6 M €↑
2013
Annual accounts 2013277 k €↑
2007
Annual accounts 2007-162,5 k €
04/11/1983
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

SEAGULL

Overview

What does SEAGULL do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

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