NORMAL SITUATION

SEPLACO

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Financial year 2026 · closed on 18/08/2026

Net result

146,4 k €

-10.9% YoY

Gross margin

198,1 k €

+179.9% YoY

Equity

273 k €

-69.3% YoY

Company — Normal situation.

Strike-off: 19 août 2026

What does SEPLACO do?

SEPLACO is a Private company with limited liability incorporated in 1992.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.881.167

Incorporation

15/07/1992

Legal form

Private company with limited liability

Contributed capital

273 000,00 €

Latest accounts

18/08/2026

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	198,1 k €	+180%	70,8 k €	-87.6%	569,6 k €	+84.1%	309,5 k €	+933%	30 k €	-40.7%	50,5 k €	-15.5%	59,8 k €	-51.7%	123,7 k €	-38.5%	201,1 k €	+90.4%	105,6 k €	+10.5%	95,6 k €	+36.5%	70 k €	-1.2%	70,9 k €	+11.2%	63,7 k €	+81.2%	35,2 k €	+39.6%	25,2 k €	+93.3%	13 k €	-70.4%	44,1 k €	+206%	14,4 k €	-68.4%	45,5 k €	-57.4%	106,8 k €
EBITDA	197,5 k €	+215%	62,8 k €	-88.8%	560,1 k €	+85.6%	301,7 k €	+1274%	22 k €	-46.5%	41,1 k €	-19.5%	51 k €	-55.6%	114,7 k €	-40.5%	192,9 k €	+94.4%	99,2 k €	+12.2%	88,4 k €	+81.4%	48,7 k €	-19.4%	60,5 k €	+42.1%	42,6 k €	+283%	11,1 k €	+131%	-35,7 k €	-116%	-16,5 k €	-201%	16,4 k €	+217%	5,2 k €	-86.4%	37,9 k €	-62.1%	100 k €
Operating result	197,5 k €	+228%	60,3 k €	-89.0%	549,2 k €	+94.2%	282,8 k €	+1001%	-31,4 k €	-570%	-4,7 k €	+49.7%	-9,3 k €	-111%	85,1 k €	-43.4%	150,4 k €	+136%	63,7 k €	+45.2%	43,9 k €	+2656%	1,6 k €	-93.5%	24,4 k €	+257%	6,8 k €	+192%	-7,4 k €	+88.6%	-64,8 k €	-36.2%	-47,6 k €	-204%	-15,7 k €	+42.8%	-27,4 k €	-3705%	760,1 €	-98.8%	64,9 k €
Net result	146,4 k €	-10.9%	164,4 k €	-54.3%	359,9 k €	+79.0%	201 k €	+478%	-53,1 k €	-96.9%	-27 k €	-7.1%	-25,2 k €	-138%	66,4 k €	-45.2%	121,1 k €	+255%	34,2 k €	+233%	10,3 k €	+119%	-55,4 k €	-381%	-11,5 k €	+51.7%	-23,8 k €	+35.4%	-36,9 k €	-708%	6,1 k €	+105%	-110,8 k €	-101%	-55 k €	-645%	-7,4 k €	+40.3%	-12,4 k €	-176%	16,2 k €
Balance sheet
Equity	273 k €	-69.3%	887,9 k €	+22.7%	723,4 k €	+99.0%	363,5 k €	+124%	162,5 k €	-24.6%	215,6 k €	-11.1%	242,6 k €	-9.4%	267,8 k €	+33.0%	201,4 k €	+151%	80,3 k €	+74.1%	46,1 k €	+28.6%	35,8 k €	-60.7%	91,2 k €	-11.2%	102,7 k €	-18.8%	126,5 k €	-22.6%	163,4 k €	+3.9%	157,3 k €	-41.3%	268,1 k €	-17.0%	323,1 k €	-3.3%	334 k €	-3.6%	346,4 k €
Total assets	566,4 k €	-38.1%	915,7 k €	-28.5%	1,3 M €	+62.1%	789,6 k €	-5.0%	831 k €	-4.1%	866,9 k €	-8.1%	943,5 k €	-14.1%	1,1 M €	+3.3%	1,1 M €	-0.2%	1,1 M €	-3.0%	1,1 M €	-4.8%	1,2 M €	+22.9%	938,9 k €	-3.9%	977,5 k €	+4.8%	932,8 k €	-11.5%	1,1 M €	-0.8%	1,1 M €	-7.8%	1,2 M €	-0.5%	1,2 M €	-3.5%	1,2 M €	+2.0%	1,2 M €
Cash	17,8 k €	-79.6%	87,6 k €	+216%	27,7 k €	+173%	10,2 k €	-85.2%	68,7 k €	-30.1%	98,3 k €	-14.3%	114,7 k €	-36.4%	180,4 k €	+89.5%	95,2 k €	-38.4%	154,4 k €	+26.4%	122,2 k €	-5.4%	129,2 k €	-39.0%	211,7 k €	+390%	43,2 k €	-72.0%	154,3 k €	+13.5%	135,9 k €	+855%	14,2 k €	-61.4%	36,9 k €	+392%	7,5 k €	-77.7%	33,7 k €	+19.0%	28,3 k €
Debts	293,4 k €	+956%	27,8 k €	-95.0%	553,2 k €	+33.3%	415 k €	-36.9%	658,2 k €	+2.7%	641 k €	-3.5%	664,6 k €	-14.5%	777,8 k €	-2.9%	801,4 k €	-10.4%	894,5 k €	-4.6%	937,1 k €	-6.6%	1 M €	+34.2%	747,5 k €	-3.8%	777,3 k €	+7.6%	722,2 k €	-12.2%	822,7 k €	-3.2%	849,7 k €	-1.0%	858,5 k €	+2.8%	835,3 k €	-3.2%	863,3 k €	+4.7%	824,3 k €

Governance

Board of directors

Seen on filing of 18/08/2026 · 1 active · 13 ended

Active mandates

Ilse Plancke

Director · since 09 janvier 2025

Active

Ended mandates

Eric Demaeght

Director · since 20 mars 2023 · until 09 janvier 2025

Ended

Eric Demaeght

Director · since 20 mars 2023

Ended

Gerald VAN DOREN

Manager · since 30 juin 2014

Ended

Ilse Plancke

Manager · since 23 mars 2012

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2026	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021
Closing of the financial year	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	8 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/08/2026	04/07/2026	06/07/2025	29/06/2024	09/06/2023	12/10/2022
General meeting	18/08/2026	30/06/2026	30/06/2025	28/06/2024	12/05/2023	30/06/2022
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	18/08/2026	18/08/2026	22/08/2026	Dutch	PDF
Micro model	31/12/2025	30/06/2026	04/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	06/07/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	29/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	12/10/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	27/09/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	22/10/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	17/09/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	09/10/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	24/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	13/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	28/09/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	04/10/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	15/09/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	17/08/2007	Dutch	PDF

Estimate

Indicative valuation

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 18/08/2026 · 1 active · 13 ended

Active mandates

Ilse Plancke

Director · since 09 janvier 2025

Active

Ended mandates

Eric Demaeght

Director · since 20 mars 2023 · until 09 janvier 2025

Ended

Eric Demaeght

Director · since 20 mars 2023

Ended

Gerald VAN DOREN

Manager · since 30 juin 2014

Ended

Ilse Plancke

Manager · since 23 mars 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution20/08/2026
WIJZIGING RECHTSVORM, STOPZETTING, INTREKKING
PDF
Mandates31/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates04/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other17/04/2012
WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2005
BOEKJAAR - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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

2026
Annual accounts 2026146,4 k €↓
2025
Annual accounts 2025164,4 k €↓
2024
Annual accounts 2024359,9 k €↑
2023
Annual accounts 2023201 k €↑
2022
Annual accounts 2022-53,1 k €↓
2021
Annual accounts 2021-27 k €↓
2020
Annual accounts 2020-25,2 k €↓
2019
Annual accounts 201966,4 k €↓
2018
Annual accounts 2018121,1 k €↑
2017
Annual accounts 201734,2 k €↑
2016
Annual accounts 201610,3 k €↑
2015
Annual accounts 2015-55,4 k €↓
2014
Annual accounts 2014-11,5 k €↑
2013
Annual accounts 2013-23,8 k €↑
2012
Annual accounts 2012-36,9 k €↓
2011
Annual accounts 20116,1 k €↑
2010
Annual accounts 2010-110,8 k €↓
2009
Annual accounts 2009-55 k €↓
2008
Annual accounts 2008-7,4 k €↑
2007
Annual accounts 2007-12,4 k €↓
2006
Annual accounts 200616,2 k €
15/07/1992
IncorporationPrivate company with limited liability

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

SEPLACO

Overview

What does SEPLACO do?

Trend over 21 financial years

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