ACTIVE

SeaMade (SA)

Financial year 2024 · closed on 31/12/2024
Net result
49,4 M €
-61.4% YoY
Revenue
185,9 M €
-44.1% YoY
Equity
116,6 M €
-28.3% YoY

What does SeaMade do?

SeaMade is a Public limited company incorporated in 2013. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0543.401.324
Incorporation
16/12/2013
Legal form
Public limited company
Registered office
Buskruitstraat 3
8400 Oostende · FlandreSee on map
Contributed capital
76 524 000,85 €
Latest accounts
31/12/2024
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2024202320222021202020192018201720162014
Income statement
Revenue185,9 M €332,5 M €140,7 M €144,6 M €49,5 M €
EBITDA157,9 M €261,2 M €123,2 M €122,3 M €42,3 M €-34,5 k €-59,9 k €-12,5 k €-7,3 k €-11,2 k €
Operating result82,1 M €185,6 M €48 M €47,4 M €23,4 M €-34,5 k €-59,9 k €-12,5 k €-7,3 k €-11,2 k €
Net result49,4 M €128 M €15,8 M €6,8 M €14,6 M €-48,3 k €-60,2 k €-12,6 k €-7,3 k €-11,4 k €
Balance sheet
Equity116,6 M €162,6 M €92,5 M €85,7 M €90,9 M €76,4 M €76,4 M €8,6 M €2 M €2 M €
Total assets1,1 Md €1,2 Md €1,2 Md €1,3 Md €1,2 Md €682,8 M €237,1 M €9,9 M €2,1 M €2,3 M €
Cash47,5 M €31,4 M €42 M €120,2 M €53,3 M €4,2 M €95,9 M €6,2 M €106 k €417,3 k €
Debts910,9 M €1,1 Md €1 Md €1,1 Md €1,1 Md €606,4 M €160,7 M €1,2 M €109,8 k €282,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 14 active · 37 ended

Active mandates

Craig Windram

Director · since 30 septembre 2024 · until 17 mai 2030

Active
Daan Van Hoyweghen

Director · since 30 septembre 2024 · until 17 mai 2030

Active
Bert Devriendt

Director · since 17 mai 2024 · until 17 mai 2030

Active
Daniel Finch

Director · since 17 mai 2024 · until 30 septembre 2024

Active
Grzegorz Gorski

Director · since 17 mai 2024 · until 30 septembre 2024

Active
Koen Janssen

Director · since 17 mai 2024 · until 17 mai 2030

Active
NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ

Director · since 17 mai 2024 · until 17 mai 2030 · 0472.325.068

Represented by Ludo Kelchtermans

Active
PE

Director · since 17 mai 2024 · until 17 mai 2030 · 0563.503.781

Represented by Peter Goderis

Active
POWER@SEA

Director · since 17 mai 2024 · until 17 mai 2030 · 0468.783.479

Represented by Kristof Van Loon

Active
REALFI

Director · since 17 mai 2024 · until 17 mai 2030 · 0888.068.355

Represented by Miguel De Schaetzen

Active
Rik Van de Walle

Director · since 17 mai 2024 · until 17 mai 2030

Active
SOCOFE

Director · since 17 mai 2024 · until 17 mai 2030 · 0472.085.439

Represented by Marcel Dormann

Active
SPARAXIS

Director · since 17 mai 2024 · until 17 mai 2030 · 0452.116.307

Represented by Anne Vereecke

Active
SAMANDA

Director · since 18 mai 2018 · until 17 mai 2024 · 0480.028.848

Represented by Anne Vereecke

Active

Ended mandates

Bert Devriendt

Director · since 24 octobre 2023 · until 17 mai 2024

Ended
Daniel Finch

Director · since 30 septembre 2022 · until 17 mai 2024

Ended
Martin D'Uva

Director · since 13 avril 2022 · until 24 octobre 2023

Ended
Martin D'Uva

Director · since 13 avril 2022 · until 17 mai 2024

Ended
At this address

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CompanyCBE no.
NORTH SEA WAVEActive
0713.488.646
OTARY BISActive
0700.246.364
Otary RSActive
0833.507.538
RENTELActive
0842.251.889
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202513/06/202423/05/202330/06/202227/05/202125/06/2020
General meeting16/05/202517/05/202419/05/202320/05/202221/05/202115/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202416/05/202518/06/2025DutchPDF
Full model31/12/202317/05/202413/06/2024DutchPDF
Full model31/12/202219/05/202323/05/2023DutchPDF
Full model31/12/202120/05/202230/06/2022DutchPDF
Full model31/12/202021/05/202127/05/2021DutchPDF
Full model31/12/201915/05/202025/06/2020DutchPDF
Full model31/12/201817/05/201928/06/2019DutchPDF
Full model31/12/201718/05/201829/06/2018DutchPDF
Full modelCorrection31/12/201619/05/201716/03/2018DutchPDF
Full model31/12/201619/05/201728/06/2017DutchPDF
Full model31/12/201520/05/201604/07/2016DutchPDF
Full model31/12/201408/06/201503/07/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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 31/12/2024 · 14 active · 37 ended

Active mandates

Craig Windram

Director · since 30 septembre 2024 · until 17 mai 2030

Active
Daan Van Hoyweghen

Director · since 30 septembre 2024 · until 17 mai 2030

Active
Bert Devriendt

Director · since 17 mai 2024 · until 17 mai 2030

Active
Daniel Finch

Director · since 17 mai 2024 · until 30 septembre 2024

Active
Grzegorz Gorski

Director · since 17 mai 2024 · until 30 septembre 2024

Active
Koen Janssen

Director · since 17 mai 2024 · until 17 mai 2030

Active
NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ

Director · since 17 mai 2024 · until 17 mai 2030 · 0472.325.068

Represented by Ludo Kelchtermans

Active
PE

Director · since 17 mai 2024 · until 17 mai 2030 · 0563.503.781

Represented by Peter Goderis

Active
POWER@SEA

Director · since 17 mai 2024 · until 17 mai 2030 · 0468.783.479

Represented by Kristof Van Loon

Active
REALFI

Director · since 17 mai 2024 · until 17 mai 2030 · 0888.068.355

Represented by Miguel De Schaetzen

Active
Rik Van de Walle

Director · since 17 mai 2024 · until 17 mai 2030

Active
SOCOFE

Director · since 17 mai 2024 · until 17 mai 2030 · 0472.085.439

Represented by Marcel Dormann

Active
SPARAXIS

Director · since 17 mai 2024 · until 17 mai 2030 · 0452.116.307

Represented by Anne Vereecke

Active
SAMANDA

Director · since 18 mai 2018 · until 17 mai 2024 · 0480.028.848

Represented by Anne Vereecke

Active

Ended mandates

Bert Devriendt

Director · since 24 octobre 2023 · until 17 mai 2024

Ended
Daniel Finch

Director · since 30 septembre 2022 · until 17 mai 2024

Ended
Martin D'Uva

Director · since 13 avril 2022 · until 24 octobre 2023

Ended
Martin D'Uva

Director · since 13 avril 2022 · until 17 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    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

Timeline

  1. 15/05/2026
    reconductionDeloitte Bedrijfsrevisoren BV — commissaris
  2. 2024
    Annual accounts 202449,4 M €
  3. 30/09/2024
    nominationDaan Van Hoyweghen — bestuurder soort B
  4. 30/09/2024
    nominationCraig Windram — bestuurder soort B
  5. 30/09/2024
    nominationDaan Van Hoyweghen — bestuurder
  6. 30/09/2024
    nominationCraig Windram — bestuurder
  7. 16/05/2024
    nominationStefanie De Deyster — head of controlling (gevolmachtigde)
  8. 2023
    Annual accounts 2023128 M €
  9. 20/11/2023
    nominationBert Devriendt — bestuurder
  10. 24/10/2023
    nominationBert Devriendt — bestuurder categorie A
  11. 31/05/2023
    nominationAnne Vereecke — vaste vertegenwoordiger van Samanda NV
  12. 2022
    Annual accounts 202215,8 M €
  13. 30/09/2022
    nominationDaniel Finch — bestuurder categorie B
  14. 30/09/2022
    nominationDaniel FINCH — bestuurder klasse B
  15. 13/04/2022
    nominationMartin D'Uva — bestuurder
  16. 05/04/2022
    nominationArnaud GREGOIRE — vaste vertegenwoordiger van Samanda SA
  17. 2021
    Annual accounts 20216,8 M €
  18. 2020
    Annual accounts 202014,6 M €
  19. 2019
    Annual accounts 2019-48,3 k €
  20. 2018
    Annual accounts 2018-60,2 k €
  21. 2018
    Name changeSEAMADE
  22. 2017
    Annual accounts 2017-12,6 k €
  23. 2016
    Annual accounts 2016-7,3 k €
  24. 2014
    Annual accounts 2014-11,4 k €
  25. 2014
    Name changeSEASTAR
  26. 16/12/2013
    IncorporationPublic limited company