ACTIVE

SESHAT

Financial year 2025 · closed on 30/09/2025
Net result
236 k €
+167.2% YoY
Gross margin
1,1 M €
+204.8% YoY
Equity
11,1 M €
+2.2% YoY
Workforce
1,8 ETP
0.0% YoY

What does SESHAT do?

SESHAT is a Private limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Gent. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.802.516
Incorporation
08/12/2010
Legal form
Private limited company
Registered office
Nederkouter 26 box 203
9000 Gent · FlandreSee on map
Contributed capital
11 305 250,00 €
Latest accounts
30/09/2025
Average workforce
1,8 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220182017201620152014201320122011
Income statement
Gross margin1,1 M €364,1 k €287 k €636,6 k €-3,3 k €-3,3 k €56 k €43,3 k €-9,2 k €113,3 k €387,2 k €257,6 k €
EBITDA958,9 k €209,9 k €139,9 k €467,2 k €-4,5 k €-4,4 k €42,4 k €-4,6 k €-32,8 k €79,8 k €361,7 k €256,6 k €
Operating result927,4 k €180,1 k €131,3 k €465,8 k €-4,5 k €-4,4 k €42,2 k €-4,7 k €-33 k €79,5 k €361,7 k €250,9 k €
Net result236 k €-351 k €63,9 k €-137,8 k €-14,4 k €-10,2 k €39,9 k €-15,7 k €-99,6 k €-41,2 k €162,9 k €-162,6 k €
Balance sheet
Equity11,1 M €10,9 M €11,3 M €11,2 M €11,2 M €11,2 M €11,2 M €11,1 M €11,2 M €11,3 M €11,3 M €11,1 M €
Total assets23,8 M €23,4 M €23,3 M €23,1 M €22,8 M €22,8 M €22,8 M €22,8 M €22,9 M €23 M €23,1 M €22,8 M €
Cash86,4 k €14,6 k €128,3 k €35,9 k €4,6 k €1 k €728,8 €5 k €5,7 k €8,8 k €44,6 k €4,1 k €
Debts12 M €12 M €11,5 M €11,9 M €11,6 M €11,6 M €11,6 M €11,7 M €11,7 M €11,7 M €11,6 M €11,3 M €
Other
Workforce1,8 ETP1,8 ETP1,8 ETP1,8 ETP0,5 ETP0,9 ETP0,5 ETP0,7 ETP0,8 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 30/09/2025 · 1 active · 2 ended

Active mandates

Twinkle Verschuere

Director · since 07 décembre 2010

Active

Ended mandates

Twinkle Verschuere

Manager · since 07 décembre 2010

Ended
Twinkle Verschuere

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202231/12/202031/12/2019
Length of the financial year12 months12 months12 months21 months12 months12 months
Filing date30/04/202621/03/202530/04/202430/04/202325/08/202130/07/2020
General meeting31/03/202608/03/202531/03/202431/03/202331/07/202130/06/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202630/04/2026DutchPDF
Abridged model30/09/202408/03/202521/03/2025DutchPDF
Abridged model30/09/202331/03/202430/04/2024DutchPDF
Abridged model30/09/202231/03/202330/04/2023DutchPDF
Abridged model31/12/202031/07/202125/08/2021DutchPDF
Abridged model31/12/201930/06/202030/07/2020DutchPDF
Abridged model31/12/201811/07/201930/07/2019DutchPDF
Abridged model31/12/201729/06/201811/07/2018DutchPDF
Abridged model31/12/201602/06/201713/06/2017DutchPDF
Abridged model31/12/201503/06/201627/07/2016DutchPDF
Abridged model31/12/201405/06/201525/06/2015DutchPDF
Abridged model31/12/201327/06/201404/07/2014DutchPDF
Abridged model31/12/201218/07/201319/07/2013DutchPDF
Abridged model31/12/201122/06/201202/07/2012DutchPDF
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 30/09/2025 · 1 active · 2 ended

Active mandates

Twinkle Verschuere

Director · since 07 décembre 2010

Active

Ended mandates

Twinkle Verschuere

Manager · since 07 décembre 2010

Ended
Twinkle Verschuere

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office28/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office27/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/12/2010
    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 2025236 k €
  2. 2024
    Annual accounts 2024-351 k €
  3. 2023
    Annual accounts 202363,9 k €
  4. 2022
    Annual accounts 2022-137,8 k €
  5. 2018
    Annual accounts 2018-14,4 k €
  6. 2017
    Annual accounts 2017-10,2 k €
  7. 2016
    Annual accounts 201639,9 k €
  8. 2015
    Annual accounts 2015-15,7 k €
  9. 2014
    Annual accounts 2014-99,6 k €
  10. 2013
    Annual accounts 2013-41,2 k €
  11. 2012
    Annual accounts 2012162,9 k €
  12. 2011
    Annual accounts 2011-162,6 k €
  13. 08/12/2010
    IncorporationPrivate limited company