ACTIVE

SEA NV

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Financial year 2025 · closed on 31/12/2025

Net result

344,4 €

+100.5% YoY

Gross margin

186,1 k €

-2.1% YoY

Equity

289,6 k €

+0.1% YoY

Workforce

1,8 ETP

-45.5% YoY

What does SEA NV do?

SEA NV is a Public limited company incorporated in 1991. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Kapellen. It employs on average 1,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.090.726

Incorporation

20/12/1991

Legal form

Public limited company

Registered office

Corsicalaan 24
2950 Kapellen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

1,8 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46693Wholesale of other machinery and equipment

Joint committees (2)

14904
200

Signals

ProfitableSolid equityGood liquidityPositive 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	186,1 k €	-2.1%	190 k €	+17.4%	161,8 k €	+167%	60,7 k €	+191%	20,9 k €	+3.8%	20,1 k €	+357%	4,4 k €	-91.0%	48,9 k €	-2.5%	50,2 k €	-6.9%	53,9 k €	-37.1%	85,6 k €	+15.3%	74,3 k €	+39.4%	53,3 k €	+16.9%	45,6 k €	+6.8%	42,7 k €	-41.0%	72,4 k €	-30.7%	104,6 k €	-1.4%	106 k €	-1.5%	107,6 k €
EBITDA	36,1 k €	+189%	-40,4 k €	-309%	19,3 k €	+180%	6,9 k €	-43.3%	12,2 k €	-33.1%	18,2 k €	+423%	3,5 k €	-92.6%	47,2 k €	-2.3%	48,3 k €	-7.7%	52,3 k €	-38.0%	84,3 k €	+16.5%	72,4 k €	+39.9%	51,7 k €	+18.0%	43,8 k €	+7.2%	40,9 k €	-42.3%	70,8 k €	-31.7%	103,6 k €	-0.6%	104,3 k €	-0.4%	104,7 k €
Operating result	27 k €	+158%	-46,8 k €	-355%	18,3 k €	+253%	5,2 k €	-56.2%	11,9 k €	+28.8%	9,2 k €	-60.2%	23,1 k €	-42.9%	40,5 k €	-4.7%	42,5 k €	-1.1%	43 k €	-39.7%	71,3 k €	+32.4%	53,8 k €	+7.3%	50,2 k €	+41.4%	35,5 k €	-13.0%	40,8 k €	-39.2%	67,1 k €	-27.3%	92,2 k €	-2.7%	94,8 k €	-2.6%	97,3 k €
Net result	344,4 €	+100%	-69,1 k €	-61418%	112,6 €	+28.0%	88 €	-98.9%	8,1 k €	-10.9%	9,1 k €	-22.7%	11,8 k €	-60.0%	29,4 k €	-19.7%	36,6 k €	-9.2%	40,3 k €	-64.7%	114,1 k €	+99.7%	57,1 k €	-2.1%	58,3 k €	+3.2%	56,5 k €	+16.5%	48,5 k €	-16.0%	57,7 k €	-33.4%	86,7 k €	-2.1%	88,6 k €	+8.9%	81,4 k €
Balance sheet
Equity	289,6 k €	+0.1%	289,2 k €	-19.3%	358,3 k €	+0.0%	358,2 k €	+0.0%	358,1 k €	+2.3%	350 k €	-3.2%	361,5 k €	-75.1%	1,4 M €	+2.1%	1,4 M €	+2.6%	1,4 M €	+3.0%	1,3 M €	+9.3%	1,2 M €	+4.9%	1,2 M €	+5.2%	1,1 M €	+5.3%	1,1 M €	+4.8%	1 M €	+6.1%	951,1 k €	+10.0%	864,4 k €	+11.4%	775,8 k €
Total assets	915 k €	+4.8%	872,8 k €	-4.7%	915,4 k €	+39.8%	654,6 k €	-61.1%	1,7 M €	+0.2%	1,7 M €	+7.9%	1,6 M €	-10.0%	1,7 M €	+9.5%	1,6 M €	-0.3%	1,6 M €	+5.6%	1,5 M €	+9.9%	1,4 M €	+4.5%	1,3 M €	+4.0%	1,3 M €	-2.5%	1,3 M €	+15.8%	1,1 M €	-1.9%	1,1 M €	+20.8%	938,6 k €	-1.8%	956,1 k €
Cash	26,7 k €	-15.7%	31,6 k €	-75.7%	130,4 k €	+172%	47,9 k €	-95.9%	1,2 M €	-1.7%	1,2 M €	+23.8%	970,5 k €	-23.1%	1,3 M €	+10.9%	1,1 M €	+7.5%	1,1 M €	+126%	468,2 k €	+4.2%	449,3 k €	-43.6%	796,5 k €	-1.4%	807,8 k €	+44.8%	558,1 k €	-4.4%	583,6 k €	+27.3%	458,6 k €	+10.7%	414,3 k €	-0.2%	415,3 k €
Debts	617,4 k €	+6.7%	578,6 k €	+4.6%	553,2 k €	+86.7%	296,2 k €	-77.7%	1,3 M €	-0.4%	1,3 M €	+11.3%	1,2 M €	+325%	281,3 k €	+75.7%	160,1 k €	-20.4%	201,2 k €	+27.6%	157,6 k €	+15.5%	136,4 k €	+1.7%	134,1 k €	-5.5%	141,9 k €	-37.8%	228,3 k €	+130%	99,3 k €	-44.6%	179,4 k €	+152%	71,3 k €	-60.3%	179,7 k €
Other
Workforce	1,8 ETP	-45.5%	3,3 ETP	+43.5%	2,3 ETP	+15.0%	2,0 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 · 1 active · 11 ended

Active mandates

Cannaerts Holding

Director · since 28 avril 2022 · 0691.775.987

Represented by Johan Cannaerts

Active

Ended mandates

D.S. SYSTEMS

Director · since 19 février 2019 · until 19 février 2025 · 0437.562.347

Represented by De Schutter Benny

Ended

De Schutter Benny

Managing director · since 19 février 2019 · until 19 février 2025

Ended

Van Praet Karina

Director · since 19 février 2019 · until 19 février 2025

Ended

D.S. SYSTEMS

Director · since 19 février 2013 · until 19 février 2019 · 0437.562.347

Represented by De Schutter Benny

Ended

At this address

Other companies at this address

Company	CBE no.
Cannaerts Holding● Active	0691.775.987
Per4mus● Active	0831.784.403

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	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	15 months	12 months	12 months
Filing date	10/06/2026	19/06/2025	13/06/2024	16/06/2023	17/03/2022	16/04/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	15/02/2022	14/03/2021
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	05/06/2026	10/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	13/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	16/06/2023	Dutch	PDF
Abridged model	30/09/2021	15/02/2022	17/03/2022	Dutch	PDF
Abridged model	30/09/2020	14/03/2021	16/04/2021	Dutch	PDF
Abridged model	30/09/2019	18/02/2020	10/03/2020	Dutch	PDF
Abridged model	30/09/2018	19/02/2019	08/03/2019	Dutch	PDF
Abridged model	30/09/2017	20/02/2018	06/03/2018	Dutch	PDF
Abridged model	30/09/2016	21/02/2017	07/03/2017	Dutch	PDF
Abridged model	30/09/2015	16/02/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	17/02/2015	23/03/2015	Dutch	PDF
Abridged model	30/09/2013	18/02/2014	17/03/2014	Dutch	PDF
Abridged model	30/09/2012	19/02/2013	07/03/2013	Dutch	PDF
Abridged model	30/09/2011	21/03/2012	19/04/2012	Dutch	PDF
Abridged model	30/09/2010	18/02/2011	22/03/2011	Dutch	PDF
Abridged model	30/09/2009	16/02/2010	31/03/2010	Dutch	PDF
Abridged model	30/09/2008	19/02/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	19/03/2008	08/04/2008	Dutch	PDF
Abridged model	30/09/2006	20/01/2007	05/03/2007	Dutch	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 · 1 active · 11 ended

Active mandates

Cannaerts Holding

Director · since 28 avril 2022 · 0691.775.987

Represented by Johan Cannaerts

Active

Ended mandates

D.S. SYSTEMS

Director · since 19 février 2019 · until 19 février 2025 · 0437.562.347

Represented by De Schutter Benny

Ended

De Schutter Benny

Managing director · since 19 février 2019 · until 19 février 2025

Ended

Van Praet Karina

Director · since 19 février 2019 · until 19 février 2025

Ended

D.S. SYSTEMS

Director · since 19 février 2013 · until 19 février 2019 · 0437.562.347

Represented by De Schutter Benny

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other23/10/2023
BENAMING
PDF
Mandates20/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other19/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates10/06/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2012
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

2025
Annual accounts 2025344,4 €↑
2024
Annual accounts 2024-69,1 k €↓
2023
Annual accounts 2023112,6 €↑
2023
Name changeSEA
2022
Annual accounts 202288 €↓
2022
Name changeGi.Bi.Di Benelux
2021
Annual accounts 20218,1 k €↓
2020
Annual accounts 20209,1 k €↓
2019
Annual accounts 201911,8 k €↓
2018
Annual accounts 201829,4 k €↓
2017
Annual accounts 201736,6 k €↓
2016
Annual accounts 201640,3 k €↓
2015
Annual accounts 2015114,1 k €↑
2014
Annual accounts 201457,1 k €↓
2013
Annual accounts 201358,3 k €↑
2012
Annual accounts 201256,5 k €↑
2011
Annual accounts 201148,5 k €↓
2010
Annual accounts 201057,7 k €↓
2009
Annual accounts 200986,7 k €↓
2008
Annual accounts 200888,6 k €↑
2007
Annual accounts 200781,4 k €
20/12/1991
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

SEA NV

Overview

What does SEA NV do?

Trend over 19 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