ACTIVE

SEYS & CO

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Financial year 2025 · closed on 31/12/2025
Net result
286 k €
+244.9% YoY
Gross margin
980,8 k €
+36.9% YoY
Equity
528 k €
+59.0% YoY
Workforce
8,1 ETP
-8.0% YoY

What does SEYS & CO do?

SEYS & CO is a Private limited company incorporated in 1986. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Oostende. It employs on average 8,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0429.151.952
Incorporation
17/07/1986
Legal form
Private limited company
Registered office
Torhoutsesteenweg 634
8400 Oostende · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
8,1 ETP
Activities (NACE)
43221Plumbing, heat and air-conditioning installation· main43221Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation45331Sale of motor vehicle parts and accessories45332Sale of motor vehicle parts and accessories+3
Joint committees (5)
  • 124
  • 1240
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin980,8 k €716,3 k €993,3 k €751,5 k €768 k €900,7 k €995,1 k €881,4 k €770,2 k €794,2 k €841,7 k €862,8 k €699 k €709,6 k €642,4 k €685,6 k €658,9 k €611,5 k €890,7 k €592,9 k €
EBITDA394,9 k €144,3 k €384,5 k €230,9 k €203 k €303,6 k €203 k €151,7 k €183,6 k €163,2 k €266,1 k €229,6 k €188,1 k €166,5 k €127,2 k €144,2 k €134,2 k €92,7 k €290,7 k €128,7 k €
Operating result345,6 k €93,1 k €333,8 k €173,2 k €124,4 k €227 k €129,3 k €64,7 k €85,4 k €54,4 k €154,9 k €115,8 k €95,9 k €112,8 k €51,2 k €47,1 k €53,8 k €-4,3 k €183,9 k €46,3 k €
Net result286 k €82,9 k €281,5 k €159,9 k €120,4 k €197,3 k €118,7 k €66,3 k €78,4 k €53,6 k €151,5 k €119,2 k €94 k €82,7 k €34,2 k €33,2 k €37,7 k €-14,5 k €115,3 k €14,4 k €
Balance sheet
Equity528 k €332 k €564 k €392,6 k €407,7 k €362,3 k €240 k €396,3 k €400 k €381,6 k €378 k €346,4 k €327,3 k €308,3 k €330,6 k €306,4 k €288,2 k €250,5 k €265 k €149,7 k €
Total assets762,2 k €595 k €902 k €888,8 k €857,7 k €972,7 k €900,9 k €939,3 k €947,5 k €917,5 k €990,2 k €853,3 k €819,5 k €636,9 k €667,5 k €661,6 k €571,7 k €629,4 k €669,7 k €692,8 k €
Cash206,4 k €99,1 k €349,9 k €232,4 k €188,3 k €272,5 k €256,7 k €35,1 k €83,8 k €70,5 k €68,3 k €32,5 k €36,3 k €66,2 k €39,5 k €18,9 k €50,7 k €62,3 k €33,5 k €17,6 k €
Debts234,2 k €258,5 k €338 k €496,2 k €450 k €600,4 k €650,9 k €533 k €537,5 k €525,3 k €601 k €506,9 k €492,2 k €321,5 k €329,9 k €355,2 k €283,5 k €378,9 k €391,6 k €536,7 k €
Other
Workforce8,1 ETP8,8 ETP8,9 ETP8,6 ETP9,3 ETP11,7 ETP14,9 ETP14,1 ETP12,3 ETP13,0 ETP11,3 ETP11,9 ETP11,9 ETP11,9 ETP11,5 ETP11,9 ETP11,7 ETP12,3 ETP13,9 ETP11,9 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 · 23 ended

Active mandates

SEYS JEAN - CLAUDE

Managing director · since 31 mars 2021 · 0478.113.790

Represented by Seys Jean-Claude

Active

Ended mandates

SEYS JEAN - CLAUDE

Managing director · since 01 avril 2021 · 0478.113.790

Represented by Jean-Claude Seys

Ended
SEYS JEAN - CLAUDE

Director · since 31 mars 2021 · 0478.113.790

Represented by Jean-Claude Seys

Ended
SEYS JEAN - CLAUDE

Managing director · since 31 mars 2021 · 0478.113.790

Represented by Seys JEAN-CLAUDE

Ended
Hilda Deconinck

Director · since 23 juin 2015 · until 23 juin 2021

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202615/07/202531/07/202431/07/202325/07/202231/08/2021
General meeting30/06/202615/05/202515/05/202415/05/202327/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202415/05/202515/07/2025DutchPDF
Abridged model31/12/202315/05/202431/07/2024DutchPDF
Abridged model31/12/202215/05/202331/07/2023DutchPDF
Abridged model31/12/202127/06/202225/07/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Abridged model31/12/201908/09/202029/10/2020DutchPDF
Abridged model31/12/201829/06/201930/07/2019DutchPDF
Abridged model31/12/201730/06/201827/07/2018DutchPDF
Abridged model31/12/201630/06/201725/07/2017DutchPDF
Abridged model31/12/201530/06/201625/07/2016DutchPDF
Abridged model31/12/201427/06/201524/07/2015DutchPDF
Abridged model31/12/201330/06/201428/07/2014DutchPDF
Abridged model31/12/201228/06/201323/07/2013DutchPDF
Abridged model31/12/201130/06/201230/07/2012DutchPDF
Abridged model31/12/201030/06/201129/07/2011DutchPDF
Abridged model31/12/200930/06/201025/08/2010DutchPDF
Abridged model31/12/200830/06/200930/07/2009DutchPDF
Abridged model31/12/200705/06/200804/07/2008DutchPDF
Abridged model31/12/200615/05/200722/05/2007DutchPDF
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 · 23 ended

Active mandates

SEYS JEAN - CLAUDE

Managing director · since 31 mars 2021 · 0478.113.790

Represented by Seys Jean-Claude

Active

Ended mandates

SEYS JEAN - CLAUDE

Managing director · since 01 avril 2021 · 0478.113.790

Represented by Jean-Claude Seys

Ended
SEYS JEAN - CLAUDE

Director · since 31 mars 2021 · 0478.113.790

Represented by Jean-Claude Seys

Ended
SEYS JEAN - CLAUDE

Managing director · since 31 mars 2021 · 0478.113.790

Represented by Seys JEAN-CLAUDE

Ended
Hilda Deconinck

Director · since 23 juin 2015 · until 23 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2005
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025286 k €↑
  2. 2024
    Annual accounts 202482,9 k €↓
  3. 2023
    Annual accounts 2023281,5 k €↑
  4. 2022
    Annual accounts 2022159,9 k €↑
  5. 2021
    Annual accounts 2021120,4 k €↓
  6. 2020
    Annual accounts 2020197,3 k €↑
  7. 2020
    Name changeSEYS & CO
  8. 2019
    Annual accounts 2019118,7 k €↑
  9. 2018
    Annual accounts 201866,3 k €↓
  10. 2017
    Annual accounts 201778,4 k €↑
  11. 2016
    Annual accounts 201653,6 k €↓
  12. 2015
    Annual accounts 2015151,5 k €↑
  13. 2014
    Annual accounts 2014119,2 k €↑
  14. 2013
    Annual accounts 201394 k €↑
  15. 2012
    Annual accounts 201282,7 k €↑
  16. 2011
    Annual accounts 201134,2 k €↑
  17. 2010
    Annual accounts 201033,2 k €↓
  18. 2009
    Annual accounts 200937,7 k €↑
  19. 2008
    Annual accounts 2008-14,5 k €↓
  20. 2007
    Annual accounts 2007115,3 k €↑
  21. 2006
    Annual accounts 200614,4 k €
  22. 2006
    Name changeSEYS en Co TECHNIEK 3000
  23. 17/07/1986
    IncorporationPrivate limited company