ACTIVE

SEB

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Financial year 2025 · closed on 31/12/2025

Net result

21,3 k €

+1291.9% YoY

Gross margin

592,2 k €

+9.3% YoY

Equity

425,1 k €

+5.3% YoY

What does SEB do?

SEB is a Private limited company incorporated in 2002. Its main activity is: Electrical installation. Its registered office is in Morlanwelz.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.880.495

Incorporation

02/07/2002

Legal form

Private limited company

Registered office

Chaussée Brunehault(CAR) 401
7141 Morlanwelz · WallonieSee on map

Contributed capital

308 760,00 €

Latest accounts

31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 74851Other professional, scientific and technical activities 82100Office administrative and support activities 82190Photocopying, document preparation and other specialised office support activities

Joint committees (2)

14901
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	592,2 k €	+9.3%	541,8 k €	-22.2%	696,2 k €	+94.0%	358,9 k €	+11.4%	322,1 k €	+7.1%	300,8 k €	-5.1%	317 k €	+51718%	611,7 €	-16.3%	730,6 €	-18.3%	893,9 €	-18.3%	1,1 k €	+29.8%	843,1 €	-26.3%	1,1 k €	+10.1%	1 k €	+28.5%	808,4 €	-3.1%	834,3 €	+99.5%	418,2 €	-43.7%	743,5 €	-6.3%	793,5 €
EBITDA	116,8 k €	+30.8%	89,3 k €	-43.9%	159 k €	+153%	62,8 k €	+27.9%	49,1 k €	-14.8%	57,6 k €	+172%	21,2 k €	+8403%	248,9 €	-35.0%	383,1 €	-29.9%	546,4 €	-26.8%	746,6 €	+50.6%	495,6 €	-37.7%	795,7 €	+15.1%	691,1 €	+50.0%	460,9 €	-5.3%	486,8 €	+965%	45,7 €	-88.5%	396 €	-11.2%	446 €
Operating result	36,5 k €	+204%	12 k €	-87.8%	98,6 k €	+348%	22 k €	+13687%	-162,2 €	-103%	6,2 k €	+195%	2,1 k €	+739%	248,9 €	-35.0%	383,1 €	-29.9%	546,4 €	-26.8%	746,6 €	+50.6%	495,6 €	-37.7%	795,7 €	+15.1%	691,1 €	+50.0%	460,9 €	-5.3%	486,8 €	+965%	45,7 €	-88.5%	396 €	-11.2%	446 €
Net result	21,3 k €	+1292%	1,5 k €	-97.9%	71,9 k €	+326%	16,9 k €	+1033%	-1,8 k €	-139%	4,6 k €	+396%	922,7 €	+693%	116,3 €	-56.9%	270 €	-44.4%	485,8 €	-34.6%	743,3 €	+51.3%	491,4 €	-37.2%	781,9 €	+1.5%	770,3 €	+43.3%	537,5 €	-10.0%	597,1 €	+195%	202,3 €	-63.4%	553,2 €	-5.1%	583,1 €
Balance sheet
Equity	425,1 k €	+5.3%	403,8 k €	+0.4%	402,3 k €	+21.8%	330,4 k €	+5.4%	313,5 k €	-0.6%	315,3 k €	+1.5%	310,7 k €	+1483%	19,6 k €	+0.6%	19,5 k €	+1.4%	19,2 k €	+2.6%	18,8 k €	+4.1%	18 k €	+2.8%	17,5 k €	+4.7%	16,7 k €	+4.8%	16 k €	+3.5%	15,4 k €	+4.0%	14,8 k €	+1.4%	14,6 k €	+3.9%	14,1 k €
Total assets	697,4 k €	-9.8%	772,8 k €	-9.0%	848,8 k €	+80.5%	470,2 k €	+7.3%	438,2 k €	-9.1%	481,9 k €	-8.5%	526,6 k €	+2428%	20,8 k €	+2.5%	20,3 k €	+1.6%	20 k €	+2.8%	19,5 k €	+3.4%	18,8 k €	+3.0%	18,3 k €	+4.0%	17,6 k €	+4.2%	16,9 k €	+4.8%	16,1 k €	-1.1%	16,3 k €	+6.2%	15,3 k €	+4.4%	14,7 k €
Cash	14,7 k €	-93.7%	235,4 k €	+121%	106,5 k €	-36.9%	168,9 k €	-8.9%	185,4 k €	+16.1%	159,7 k €	+155%	62,5 k €	+771%	7,2 k €	+4.6%	6,9 k €	+6.7%	6,4 k €	+6.5%	6 k €	+10.3%	5,5 k €	+9.6%	5 k €	+13.8%	4,4 k €	+19.2%	3,7 k €	+15.3%	3,2 k €	-9.9%	3,5 k €	+27.9%	2,8 k €	+26.9%	2,2 k €
Debts	267,6 k €	-26.0%	361,7 k €	-17.2%	436,8 k €	+217%	137,8 k €	+10.7%	124,4 k €	-25.3%	166,7 k €	-22.8%	215,8 k €	+30825%	698 €		–		–		–		62,6 €	+3.0%	60,8 €	+54.6%	39,3 €		–		–		800 €	+1322%	56,3 €		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Benoît MOYERSOEN

Director

Active

Eric BRICOULT

Director

Active

Ended mandates

Benoît MOYERSOEN

Managing director · since 22 décembre 2023

Ended

Eric BRICOULT

Director · since 22 décembre 2023

Ended

Benoît MOYERSOEN

Administrator - manager · since 27 décembre 2018

Ended

Eric BRICOULT

Administrator - manager · since 27 décembre 2018

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	11/06/2026	16/06/2025	12/06/2024	31/05/2023	23/05/2022	25/05/2021
General meeting	10/06/2026	11/06/2025	12/06/2024	17/05/2023	18/05/2022	19/05/2021
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
Micro model	31/12/2025	10/06/2026	11/06/2026	French	PDF
Micro model	31/12/2024	11/06/2025	16/06/2025	French	PDF
Micro model	31/12/2023	12/06/2024	12/06/2024	French	PDF
Micro model	31/12/2022	17/05/2023	31/05/2023	French	PDF
Micro model	31/12/2021	18/05/2022	23/05/2022	French	PDF
Micro model	31/12/2020	19/05/2021	25/05/2021	French	PDF
Micro model	31/12/2019	20/04/2020	04/05/2020	French	PDF
Micro model	30/09/2018	18/12/2018	16/01/2019	French	PDF
Micro model	30/09/2017	20/11/2017	21/12/2017	French	PDF
Abridged model	30/09/2016	19/01/2017	06/02/2017	French	PDF
Abridged model	30/09/2015	21/01/2016	15/02/2016	French	PDF
Abridged model	30/09/2014	17/11/2014	05/12/2014	French	PDF
Abridged model	30/09/2013	13/11/2013	26/11/2013	French	PDF
Abridged model	30/09/2012	17/01/2013	21/01/2013	French	PDF
Abridged model	30/09/2011	19/01/2012	23/01/2012	French	PDF
Abridged model	30/09/2010	20/01/2011	10/02/2011	French	PDF
Abridged model	30/09/2009	21/01/2010	26/01/2010	French	PDF
Abridged model	30/09/2008	15/12/2008	09/01/2009	French	PDF
Abridged model	30/09/2007	26/11/2007	03/12/2007	French	PDF
Abridged model	30/09/2006	15/12/2006	08/01/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 9 ended

Active mandates

Benoît MOYERSOEN

Director

Active

Eric BRICOULT

Director

Active

Ended mandates

Benoît MOYERSOEN

Managing director · since 22 décembre 2023

Ended

Eric BRICOULT

Director · since 22 décembre 2023

Ended

Benoît MOYERSOEN

Administrator - manager · since 27 décembre 2018

Ended

Eric BRICOULT

Administrator - manager · since 27 décembre 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates17/01/2019
DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Registered office27/09/2018
SIEGE SOCIAL
PDF
Mandates30/11/2016
DEMISSIONS, NOMINATIONS
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 202521,3 k €↑
2024
Annual accounts 20241,5 k €↓
2023
Annual accounts 202371,9 k €↑
2022
Annual accounts 202216,9 k €↑
2021
Annual accounts 2021-1,8 k €↓
2020
Annual accounts 20204,6 k €↑
2019
Annual accounts 2019922,7 €↑
2018
Annual accounts 2018116,3 €↓
2017
Annual accounts 2017270 €↓
2016
Annual accounts 2016485,8 €↓
2015
Annual accounts 2015743,3 €↑
2014
Annual accounts 2014491,4 €↓
2013
Annual accounts 2013781,9 €↑
2012
Annual accounts 2012770,3 €↑
2011
Annual accounts 2011537,5 €↓
2010
Annual accounts 2010597,1 €↑
2009
Annual accounts 2009202,3 €↓
2008
Annual accounts 2008553,2 €↓
2007
Annual accounts 2007583,1 €
02/07/2002
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

SEB

Overview

What does SEB 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