ACTIVE

SEAFAR

Financial year 2025 · closed on 31/12/2025
Net result
-1,4 M €
-276.8% YoY
Gross margin
1,3 M €
-36.8% YoY
Equity
3,8 M €
-26.8% YoY
Workforce
21,0 ETP
0.0% YoY

What does SEAFAR do?

SEAFAR is a Public limited company incorporated in 2018. Its main activity is: Inland freight water transport. Its registered office is in Antwerpen. It employs on average 21,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0698.581.132
Incorporation
19/06/2018
Legal form
Public limited company
Registered office
Schaliënstraat 3
2000 Antwerpen · FlandreSee on map
Contributed capital
5 252 275,00 €
Latest accounts
31/12/2025
Average workforce
21,0 ETP
Joint committees (4)
  • 139
  • 13900
  • 200
  • 20000
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin1,3 M €2,1 M €2,2 M €1,8 M €1 M €444,5 k €113,6 k €
EBITDA-615,4 k €296,6 k €578,6 k €444,5 k €264,8 k €218,5 k €82,1 k €
Operating result-1,3 M €-287,3 k €89,4 k €115,7 k €11,1 k €38,7 k €13,6 k €
Net result-1,4 M €-370,3 k €75,1 k €111,5 k €39,4 k €71 k €30,2 k €
Balance sheet
Equity3,8 M €5,2 M €598,3 k €566,7 k €498,7 k €312 k €255,4 k €
Total assets8 M €9,9 M €4,6 M €4,3 M €1,7 M €1,4 M €921,7 k €
Cash1,4 M €4,1 M €232,8 k €1,1 M €16,4 k €6,4 k €9,1 k €
Debts3,8 M €4 M €3,6 M €2,4 M €890,8 k €647,2 k €664,2 k €
Other
Workforce21,0 ETP21,0 ETP21,1 ETP19,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 9 ended

Active mandates

Erwin Maurice Verstraelen

Director · since 18 juin 2025 · until 06 juin 2031

Active
GANK

Director · since 18 juin 2025 · until 06 juin 2031 · 0661.594.735

Represented by Leander Lucien Naessens

Active
DAPITEX

Director · since 31 octobre 2024 · until 31 octobre 2030 · 0474.636.440

Represented by Pierre Hanet

Active
Louis-Robert Philippe Cool

Managing director · since 31 octobre 2024 · until 31 octobre 2030

Active
VICTRIX

Director · since 31 octobre 2024 · until 31 octobre 2030 · 0427.686.163

Represented by Basile Aloy

Active

Ended mandates

VICTRIX

Director · since 31 octobre 2024 · until 31 octobre 2030 · 0427.686.163

Represented by Basile ALOY

Ended
DAPITEX

Director · since 06 janvier 2022 · until 28 décembre 2027 · 0474.636.440

Represented by Pierre HANET

Ended
Louis-Robert COOL

Managing director · since 06 janvier 2022 · until 28 décembre 2027

Ended
DAPITEX

Director · since 28 décembre 2021 · until 28 décembre 2027 · 0474.636.440

Represented by Pierre HANET

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date25/06/202619/06/202502/08/202406/04/202301/07/202218/06/2021
General meeting05/06/202606/06/202502/08/202403/04/202303/06/202204/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202625/06/2026DutchPDF
Abridged model31/12/202406/06/202519/06/2025DutchPDF
Abridged model31/12/202302/08/202402/08/2024DutchPDF
Abridged model31/12/202203/04/202306/04/2023DutchPDF
Micro model31/12/202103/06/202201/07/2022DutchPDF
Micro model31/12/202004/06/202118/06/2021DutchPDF
Micro model31/12/201930/06/202024/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 5 active · 9 ended

Active mandates

Erwin Maurice Verstraelen

Director · since 18 juin 2025 · until 06 juin 2031

Active
GANK

Director · since 18 juin 2025 · until 06 juin 2031 · 0661.594.735

Represented by Leander Lucien Naessens

Active
DAPITEX

Director · since 31 octobre 2024 · until 31 octobre 2030 · 0474.636.440

Represented by Pierre Hanet

Active
Louis-Robert Philippe Cool

Managing director · since 31 octobre 2024 · until 31 octobre 2030

Active
VICTRIX

Director · since 31 octobre 2024 · until 31 octobre 2030 · 0427.686.163

Represented by Basile Aloy

Active

Ended mandates

VICTRIX

Director · since 31 octobre 2024 · until 31 octobre 2030 · 0427.686.163

Represented by Basile ALOY

Ended
DAPITEX

Director · since 06 janvier 2022 · until 28 décembre 2027 · 0474.636.440

Represented by Pierre HANET

Ended
Louis-Robert COOL

Managing director · since 06 janvier 2022 · until 28 décembre 2027

Ended
DAPITEX

Director · since 28 décembre 2021 · until 28 décembre 2027 · 0474.636.440

Represented by Pierre HANET

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/07/2023
    KAPITAAL - AANDELEN
    PDF
  • Mandates12/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/03/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/06/2018
    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 2025-1,4 M €
  2. 2024
    Annual accounts 2024-370,3 k €
  3. 2023
    Annual accounts 202375,1 k €
  4. 2022
    Annual accounts 2022111,5 k €
  5. 2021
    Annual accounts 202139,4 k €
  6. 2020
    Annual accounts 202071 k €
  7. 2019
    Annual accounts 201930,2 k €
  8. 19/06/2018
    IncorporationPublic limited company