ACTIVE

S.E. PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

14,9 k €

+2.0% YoY

Gross margin

70,3 k €

+6.5% YoY

Equity

396,4 k €

+3.9% YoY

What does S.E. PROJECTS do?

S.E. PROJECTS is a Private limited company incorporated in 1988. Its main activity is: Activities of head offices. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.303.453

Incorporation

10/02/1988

Legal form

Private limited company

Registered office

Middelmolenlaan 88
2100 Antwerpen · FlandreSee on map

Contributed capital

275 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	70,3 k €	+6.5%	66 k €	-10.5%	73,8 k €	+19.9%	61,5 k €	+15.8%	53,1 k €	+69.6%	31,3 k €	-20.5%	39,4 k €	-1.2%	39,9 k €	+85.8%	21,5 k €	-22.3%	27,6 k €	+10.3%	25 k €	+7.7%	23,3 k €	-23.1%	30,2 k €	+15.9%	26,1 k €	+0.7%	25,9 k €	-11.2%	29,2 k €	+10.3%	26,4 k €	+7.2%	24,7 k €	-16.0%	29,4 k €	+4.1%	28,2 k €
EBITDA	66,5 k €	+7.3%	62 k €	-10.9%	69,5 k €	+26.9%	54,8 k €	+14.9%	47,7 k €	+71.8%	27,8 k €	-23.0%	36,1 k €	-0.2%	36,1 k €	+99.6%	18,1 k €	-24.3%	23,9 k €	+14.5%	20,9 k €	+5.3%	19,8 k €	-25.8%	26,7 k €	+17.0%	22,8 k €	+4.4%	21,9 k €	+2.1%	21,4 k €	-4.6%	22,5 k €	-5.4%	23,7 k €	-1.0%	24 k €	-5.6%	25,4 k €
Operating result	28,3 k €	-2.8%	29,1 k €	-16.9%	35 k €	+57.9%	22,2 k €	+36.2%	16,3 k €	+531%	-3,8 k €	-126%	-1,7 k €	-112%	14,4 k €	+820%	-2 k €	-121%	9,5 k €	+60.0%	5,9 k €	-43.3%	10,4 k €	-14.6%	12,2 k €	+14.0%	10,7 k €	+17.8%	9,1 k €	+8.3%	8,4 k €	+19.8%	7 k €	+27.9%	5,5 k €	+3.1%	5,3 k €	-64.6%	15 k €
Net result	14,9 k €	+2.0%	14,6 k €	-32.3%	21,6 k €	+86.0%	11,6 k €	+184%	4,1 k €	+126%	-15,5 k €	+5.9%	-16,4 k €	-571%	3,5 k €	+120%	-17,4 k €	-552%	3,8 k €	-2.3%	3,9 k €	-23.3%	5,1 k €	-12.0%	5,8 k €	+7.7%	5,4 k €	+67.7%	3,2 k €	+210%	1 k €	-23.7%	1,4 k €	-86.8%	10,3 k €	+715%	1,3 k €	-82.1%	7,1 k €
Balance sheet
Equity	396,4 k €	+3.9%	381,5 k €	+4.0%	366,8 k €	+6.3%	345,2 k €	+3.5%	333,6 k €	+1.2%	329,5 k €	-4.5%	344,9 k €	-4.5%	361,4 k €	+1.0%	357,9 k €	+104%	175,3 k €	+2.2%	171,4 k €	+2.4%	167,5 k €	+3.2%	162,3 k €	+3.7%	156,5 k €	+3.6%	151,1 k €	+2.2%	147,8 k €	+61.1%	91,8 k €	+1.5%	90,4 k €	+12.9%	80,1 k €	+1.6%	78,8 k €
Total assets	661,3 k €	+8.2%	611,2 k €	-4.1%	637,4 k €	-2.8%	655,9 k €	+1.0%	649,4 k €	-12.3%	740,1 k €	-5.6%	784,2 k €	-2.2%	802,1 k €	-1.5%	814,2 k €	+103%	401,9 k €	-0.6%	404,4 k €	+7.6%	375,7 k €	-0.7%	378,2 k €	+5.2%	359,5 k €	+0.3%	358,4 k €	-3.4%	370,9 k €	+48.6%	249,6 k €	+10.8%	225,3 k €	+14.1%	197,4 k €	+10.7%	178,3 k €
Cash	17,6 k €	+10.5%	15,9 k €	-16.1%	18,9 k €	+26.0%	15 k €	+49.6%	10,1 k €	-36.1%	15,7 k €	+23.4%	12,7 k €	+70.7%	7,5 k €	+2121%	336,1 €	-52.0%	700,3 €		–		–		–		–		10 €		–		–		–		–		–
Debts	261,5 k €	+16.3%	224,9 k €	-15.3%	265,5 k €	-13.2%	305,8 k €	-2.2%	312,6 k €	-23.3%	407,4 k €	-6.5%	435,7 k €	-0.3%	437,2 k €	-2.5%	448,3 k €	+105%	218,5 k €	-3.0%	225,2 k €	+12.3%	200,6 k €	+2.2%	196,3 k €	+5.3%	186,4 k €	-3.8%	193,9 k €	-9.8%	214,9 k €	+43.7%	149,5 k €	+15.9%	129 k €	+20.5%	107,1 k €	+19.7%	89,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

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

Active mandates

Paul SEL

Director

Active

Ended mandates

Paul SEL

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
PERFECT PIXEL● Active	0819.160.347
SEBO● Active	0462.347.134

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	26/06/2026	23/04/2025	11/04/2024	15/06/2023	08/07/2022	30/08/2021
General meeting	25/06/2026	16/04/2025	11/04/2024	14/06/2023	06/07/2022	26/08/2021
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	25/06/2026	26/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/04/2025	23/04/2025	Dutch	PDF
Abridged model	31/12/2023	11/04/2024	11/04/2024	Dutch	PDF
Abridged model	31/12/2022	14/06/2023	15/06/2023	Dutch	PDF
Abridged model	31/12/2021	06/07/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	26/08/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	14/10/2020	16/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/08/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	22/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/10/2012	23/10/2012	Dutch	PDF
Abridged model	31/12/2010	29/11/2011	01/12/2011	Dutch	PDF
Abridged model	31/12/2009	19/08/2010	24/08/2010	Dutch	PDF
Abridged model	31/12/2008	23/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 1 ended

Active mandates

Paul SEL

Director

Active

Ended mandates

Paul SEL

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares08/03/2010
KAPITAAL - AANDELEN
PDF
Capital / shares25/01/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202514,9 k €↑
2024
Annual accounts 202414,6 k €↓
2023
Annual accounts 202321,6 k €↑
2022
Annual accounts 202211,6 k €↑
2021
Annual accounts 20214,1 k €↑
2020
Annual accounts 2020-15,5 k €↑
2019
Annual accounts 2019-16,4 k €↓
2018
Annual accounts 20183,5 k €↑
2017
Annual accounts 2017-17,4 k €↓
2016
Annual accounts 20163,8 k €↓
2015
Annual accounts 20153,9 k €↓
2014
Annual accounts 20145,1 k €↓
2013
Annual accounts 20135,8 k €↑
2012
Annual accounts 20125,4 k €↑
2011
Annual accounts 20113,2 k €↑
2010
Annual accounts 20101 k €↓
2009
Annual accounts 20091,4 k €↓
2008
Annual accounts 200810,3 k €↑
2007
Annual accounts 20071,3 k €↓
2006
Annual accounts 20067,1 k €
10/02/1988
IncorporationPrivate 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

S.E. PROJECTS

Overview

What does S.E. PROJECTS do?

Trend over 20 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