ACTIVE

iSea

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Financial year 2025 · closed on 31/12/2025
Net result
-68,1 k €
-404.2% YoY
Gross margin
111,2 k €
-46.9% YoY
Equity
530,4 k €
-11.4% YoY
Workforce
2,5 ETP
0.0% YoY

What does iSea do?

iSea is a Public limited company incorporated in 2014. Its main activity is: Computer programming activities. Its registered office is in Bruxelles. It employs on average 2,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0507.587.934
Incorporation
17/12/2014
Legal form
Public limited company
Registered office
Rue Royale 154-158
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 125 000,00 €
Latest accounts
31/12/2025
Average workforce
2,5 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities62020Computer consultancy activities62200Computer programming, consultancy and related activities
Joint committees (2)
  • 200
  • 20000
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin111,2 k €209,4 k €212,3 k €69,2 k €281,2 k €304,4 k €-34,6 k €17,2 k €-35,7 k €51,4 k €-408,7 k €
EBITDA-31,4 k €74,9 k €80,5 k €-46,9 k €182,7 k €242,4 k €-122,9 k €-33,8 k €-35,8 k €51 k €-411,8 k €
Operating result-68,7 k €22,8 k €25,7 k €-99,5 k €136,7 k €208,1 k €-155,5 k €-66,4 k €-98,1 k €-23,3 k €-471,9 k €
Net result-68,1 k €22,4 k €25,3 k €-99,9 k €136 k €207,7 k €-155,8 k €-66,7 k €-98,4 k €-23,8 k €-473,4 k €
Balance sheet
Equity530,4 k €598,5 k €576,1 k €550,7 k €650,7 k €514,7 k €181,9 k €337,8 k €404,4 k €502,8 k €526,6 k €
Total assets610,6 k €652 k €699 k €914,1 k €1,1 M €929,5 k €196,9 k €347,6 k €412,6 k €505,4 k €540 k €
Cash66,9 k €148,7 k €348 k €544 k €369,3 k €606,6 k €19,7 k €136,3 k €194,1 k €234,7 k €229,5 k €
Debts80 k €53,6 k €122,9 k €363,2 k €413,1 k €414,7 k €14,9 k €9,8 k €8,2 k €2,6 k €13,4 k €
Other
Workforce2,5 ETP2,5 ETP2,5 ETP2,4 ETP2,9 ETP2,1 ETP2,0 ETP2,0 ETP–––
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 · 3 active · 14 ended

Active mandates

Jan Luykx

Director · since 14 juin 2024 · until 02 avril 2026

Active
iSea Data

Managing director · since 25 août 2020 · until 02 avril 2026 · 0506.812.330

Represented by Valentijn Vande Keere

Active
Stefaan Vermeire

Director · since 25 août 2020 · until 02 avril 2026

Active

Ended mandates

iSea Data

Gedeleerd bestuurder · since 25 août 2020 · until 02 avril 2026 · 0506.812.330

Represented by Valentijn Vande Keere

Ended
iSea Data BO

Managing director · since 25 août 2020 · until 02 avril 2026

Represented by Valentijn Vande Keere

Ended
Luc Carbonez

Director · since 25 août 2020 · until 02 avril 2026

Ended
Luc Carbonez

Mandate · since 06 avril 2017 · until 02 avril 2020

Ended
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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 date30/04/202604/07/202508/07/202406/10/202320/05/202202/06/2021
General meeting02/04/202627/06/202514/06/202406/10/202303/05/202221/05/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/04/202630/04/2026DutchPDF
Abridged model31/12/202427/06/202504/07/2025DutchPDF
Abridged model31/12/202314/06/202408/07/2024DutchPDF
Abridged model31/12/202206/10/202306/10/2023DutchPDF
Abridged model31/12/202103/05/202220/05/2022DutchPDF
Abridged model31/12/202021/05/202102/06/2021DutchPDF
Abridged model31/12/201925/08/202009/09/2020DutchPDF
Abridged model31/12/201804/04/201908/04/2019DutchPDF
Abridged model31/12/201705/04/201803/05/2018DutchPDF
Abridged model31/12/201606/04/201711/04/2017DutchPDF
Abridged model31/12/201510/06/201624/06/2016DutchPDF
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 · 3 active · 14 ended

Active mandates

Jan Luykx

Director · since 14 juin 2024 · until 02 avril 2026

Active
iSea Data

Managing director · since 25 août 2020 · until 02 avril 2026 · 0506.812.330

Represented by Valentijn Vande Keere

Active
Stefaan Vermeire

Director · since 25 août 2020 · until 02 avril 2026

Active

Ended mandates

iSea Data

Gedeleerd bestuurder · since 25 août 2020 · until 02 avril 2026 · 0506.812.330

Represented by Valentijn Vande Keere

Ended
iSea Data BO

Managing director · since 25 août 2020 · until 02 avril 2026

Represented by Valentijn Vande Keere

Ended
Luc Carbonez

Director · since 25 août 2020 · until 02 avril 2026

Ended
Luc Carbonez

Mandate · since 06 avril 2017 · until 02 avril 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/04/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/01/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-68,1 k €↓
  2. 2024
    Annual accounts 202422,4 k €↓
  3. 2023
    Annual accounts 202325,3 k €↑
  4. 2022
    Annual accounts 2022-99,9 k €↓
  5. 2021
    Annual accounts 2021136 k €↓
  6. 2020
    Annual accounts 2020207,7 k €↑
  7. 2019
    Annual accounts 2019-155,8 k €↓
  8. 2018
    Annual accounts 2018-66,7 k €↑
  9. 2017
    Annual accounts 2017-98,4 k €↓
  10. 2016
    Annual accounts 2016-23,8 k €↑
  11. 2015
    Annual accounts 2015-473,4 k €
  12. 17/12/2014
    IncorporationPublic limited company