ACTIVE

SETI

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Financial year 2025 · closed on 30/04/2025
Net result
73,3 k €
-39.9% YoY
Gross margin
-5,1 k €
-12.7% YoY
Equity
9,4 M €
+0.8% YoY

What does SETI do?

SETI is a Private limited company incorporated in 2020. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0758.750.232
Incorporation
25/11/2020
Legal form
Private limited company
Registered office
Chaussée de Waterloo 1589D
1180 Uccle · BruxellesSee on map
Contributed capital
9 400 011,80 €
Latest accounts
30/04/2025
Signals
ProfitableSolid equityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-5,1 k €-4,5 k €-3,3 k €-3,5 k €-18 k €
EBITDA-6 k €-5,5 k €-3,6 k €-3,8 k €-18,4 k €
Operating result-6 k €-5,5 k €-3,6 k €-3,8 k €-18,4 k €
Net result73,3 k €121,9 k €126,2 k €19,6 k €-10,6 k €
Balance sheet
Equity9,4 M €9,3 M €9,2 M €9 M €9 M €
Total assets9,4 M €9,3 M €9,2 M €9,1 M €9 M €
Cash1,2 k €3,4 k €37,2 k €40,7 k €45 k €
Debts23,8 k €43,1 k €49,1 k €3 k €326,7 €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/04/2025 · 4 active · 2 ended

Active mandates

CARTESIANA

Director · since 27 novembre 2020 · 0600.817.802

Represented by Jérôme GOBLET

Active
Isabelle THOUMYRE

Director · since 27 novembre 2020

Active
Serge GOBLET

Managing director · since 27 novembre 2020

Active
Yves JOINAU

Director · since 27 novembre 2020 · until 01 novembre 2024

Active

Ended mandates

CARTESIANA

Director · since 27 novembre 2020 · 0600.817.802

Represented by Jérôme GOBLET

Ended
Yves JOINAU

Director · since 27 novembre 2020

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/05/202401/05/202301/05/202201/05/202125/11/2020
Closing of the financial year30/04/202530/04/202430/04/202330/04/202230/04/2021
Length of the financial year12 months12 months12 months12 months6 months
Filing date30/11/202517/01/202518/12/202330/11/202230/11/2021
General meeting31/10/202530/10/202424/11/202331/10/202230/10/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/04/202531/10/202530/11/2025FrenchPDF
Micro model30/04/202430/10/202417/01/2025FrenchPDF
Micro model30/04/202324/11/202318/12/2023FrenchPDF
Micro model30/04/202231/10/202230/11/2022FrenchPDF
Micro model30/04/202130/10/202130/11/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/04/2025 · 4 active · 2 ended

Active mandates

CARTESIANA

Director · since 27 novembre 2020 · 0600.817.802

Represented by Jérôme GOBLET

Active
Isabelle THOUMYRE

Director · since 27 novembre 2020

Active
Serge GOBLET

Managing director · since 27 novembre 2020

Active
Yves JOINAU

Director · since 27 novembre 2020 · until 01 novembre 2024

Active

Ended mandates

CARTESIANA

Director · since 27 novembre 2020 · 0600.817.802

Represented by Jérôme GOBLET

Ended
Yves JOINAU

Director · since 27 novembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/12/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other02/12/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202573,3 k €↓
  2. 2024
    Annual accounts 2024121,9 k €↓
  3. 2023
    Annual accounts 2023126,2 k €↑
  4. 2022
    Annual accounts 202219,6 k €↑
  5. 2021
    Annual accounts 2021-10,6 k €
  6. 25/11/2020
    IncorporationPrivate limited company