ACTIVE

SEAPROMOTION

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Financial year 2024 · closed on 31/12/2024

Net result

2,7 M €

+7.1% YoY

Gross margin

4,2 M €

+8.2% YoY

Equity

29,6 M €

+113.2% YoY

Workforce

10,6 ETP

+15.2% YoY

What does SEAPROMOTION do?

SEAPROMOTION is a Private limited company incorporated in 2006. Its registered office is in Bredene. It employs on average 10,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.661.567

Incorporation

13/12/2006

Legal form

Private limited company

Registered office

Sluisvlietlaan 30
8450 Bredene · FlandreSee on map

Contributed capital

14 830 000,00 €

Latest accounts

31/12/2024

Average workforce

10,6 ETP

Joint committees (2)

302
3020

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	4,2 M €	+8.2%	3,9 M €	-21.4%	4,9 M €	+38.2%	3,5 M €	+0.9%	3,5 M €	+47.5%	2,4 M €	+3.4%	2,3 M €	-7.9%	2,5 M €	-12.0%	2,8 M €	-1.6%	2,9 M €	+25.5%	2,3 M €	-7.6%	2,5 M €	+41.8%	1,8 M €	+2.6%	1,7 M €	+29.7%	1,3 M €	+53.7%	858,5 k €	-14.4%	1 M €	+165%	377,7 k €
EBITDA	3,7 M €	+7.7%	3,4 M €	-24.6%	4,5 M €	+41.5%	3,2 M €	-1.2%	3,2 M €	+55.1%	2,1 M €	+6.9%	1,9 M €	-10.9%	2,2 M €	-15.9%	2,6 M €	-3.4%	2,7 M €	+29.8%	2,1 M €	-6.4%	2,2 M €	+29.4%	1,7 M €	-0.2%	1,7 M €	+29.7%	1,3 M €	+53.8%	856,8 k €	-12.8%	983,1 k €	+161%	376,7 k €
Operating result	3,5 M €	+7.3%	3,3 M €	-25.4%	4,4 M €	+40.3%	3,2 M €	+0.1%	3,2 M €	+58.9%	2 M €	+8.4%	1,8 M €	-10.7%	2 M €	-16.7%	2,5 M €	-3.5%	2,5 M €	+30.7%	1,9 M €	-7.3%	2,1 M €	+24.1%	1,7 M €	-0.9%	1,7 M €	+29.7%	1,3 M €	+53.8%	856,8 k €	-12.8%	983,1 k €	+161%	376,7 k €
Net result	2,7 M €	+7.1%	2,5 M €	-31.1%	3,7 M €	+19.0%	3,1 M €	+23.9%	2,5 M €	+67.4%	1,5 M €	-33.9%	2,2 M €	+101%	1,1 M €	-19.7%	1,4 M €	-47.9%	2,7 M €	+162%	1 M €	-7.4%	1,1 M €	+47.3%	745,9 k €	+48.3%	502,9 k €	+7.4%	468,4 k €	+138%	197,1 k €	+154%	-366,4 k €	-249%	246,4 k €
Balance sheet
Equity	29,6 M €	+113%	13,9 M €	+22.2%	11,3 M €	+47.6%	7,7 M €	+66.6%	4,6 M €	-52.1%	9,6 M €	+18.2%	8,2 M €	-25.3%	10,9 M €	+11.4%	9,8 M €	+16.5%	8,4 M €	+46.4%	5,7 M €	+21.5%	4,7 M €	+43.4%	3,3 M €	+37.4%	2,4 M €	+85.1%	1,3 M €	+56.6%	827,2 k €	+31.3%	630 k €	-36.8%	996,4 k €
Total assets	37,4 M €	+57.9%	23,7 M €	+6.2%	22,3 M €	+24.0%	18 M €	-6.8%	19,3 M €	+3.0%	18,8 M €	-6.2%	20 M €	+11.5%	17,9 M €	+5.1%	17,1 M €	+6.4%	16 M €	+4.6%	15,3 M €	-0.6%	15,4 M €	-2.6%	15,8 M €	-3.1%	16,4 M €	-8.4%	17,9 M €	+5.7%	16,9 M €	+2.5%	16,5 M €	+6.0%	15,5 M €
Cash	77,3 k €	-82.9%	451,6 k €	+184%	159,2 k €	+46.7%	108,5 k €	+83.0%	59,3 k €	-93.9%	975 k €	+1387%	65,6 k €	-33.8%	99,1 k €	+333%	22,9 k €	-41.1%	38,9 k €	-44.9%	70,6 k €	+185%	24,7 k €	+747%	2,9 k €	-98.3%	174,1 k €	+20.0%	145 k €	-14.8%	170,3 k €	+83.7%	92,7 k €	+26.5%	73,3 k €
Debts	7,9 M €	-19.9%	9,8 M €	-10.3%	11 M €	+6.4%	10,3 M €	-29.9%	14,7 M €	+61.1%	9,1 M €	-22.8%	11,8 M €	+68.7%	7 M €	-3.4%	7,3 M €	-4.7%	7,6 M €	-20.4%	9,6 M €	-8.3%	10,4 M €	-15.7%	12,4 M €	-11.1%	13,9 M €	-15.8%	16,5 M €	+3.1%	16 M €	+1.4%	15,8 M €	+8.8%	14,6 M €
Other
Workforce	10,6 ETP	+15.2%	9,2 ETP	+3.4%	8,9 ETP	+3.5%	8,6 ETP	+2.4%	8,4 ETP	0.0%	8,4 ETP	+3.7%	8,1 ETP	-1.2%	8,2 ETP	+28.1%	6,4 ETP	+77.8%	3,6 ETP	-41.9%	6,2 ETP	+3.3%	6,0 ETP	+567%	0,9 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 9 ended

Active mandates

PASCAL VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.664.914

Represented by Pascal Vandenbussche

Active

VINCENT VANDENBUSSCHE

Director · 0553.706.781

Represented by Vincent Vandenbussche

Active

Ended mandates

PASCAL VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.664.914

Represented by Pascal Vandenbussche

Ended

PASCAL VANDENBUSSCHE

Manager · since 01 juillet 2015 · 0553.664.914

Represented by Pascal Vandenbussche

Ended

VINCENT VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.706.781

Represented by Vincent Vandenbussche

Ended

VINCENT VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.706.781

Represented by Vincent Vandenbussche

Ended

At this address

Other companies at this address

Company	CBE no.
FAMILIE PASCAL VANDENBUSSCHE● Active	1010.923.409
PASCAL VANDENBUSSCHE● Active	0553.664.914

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/09/2025	30/08/2024	25/08/2023	30/09/2022	19/11/2021	09/11/2020
General meeting	23/09/2025	30/08/2024	23/08/2023	30/09/2022	22/10/2021	08/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	23/09/2025	24/09/2025	Dutch	PDF
Abridged model	31/12/2023	30/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/08/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/09/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	22/10/2021	19/11/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	09/11/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	22/02/2012	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	24/11/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	01/12/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	18/12/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 9 ended

Active mandates

PASCAL VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.664.914

Represented by Pascal Vandenbussche

Active

VINCENT VANDENBUSSCHE

Director · 0553.706.781

Represented by Vincent Vandenbussche

Active

Ended mandates

PASCAL VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.664.914

Represented by Pascal Vandenbussche

Ended

PASCAL VANDENBUSSCHE

Manager · since 01 juillet 2015 · 0553.664.914

Represented by Pascal Vandenbussche

Ended

VINCENT VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.706.781

Represented by Vincent Vandenbussche

Ended

VINCENT VANDENBUSSCHE

Director · since 01 juillet 2015 · 0553.706.781

Represented by Vincent Vandenbussche

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other13/01/2025
DIVERSEN
PDF
Mandates03/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other29/03/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2013
KAPITAAL - AANDELEN
PDF
Other04/01/2013
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other22/12/2006
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

2024
Annual accounts 20242,7 M €↑
2023
Annual accounts 20232,5 M €↓
2022
Annual accounts 20223,7 M €↑
2021
Annual accounts 20213,1 M €↑
2020
Annual accounts 20202,5 M €↑
2019
Annual accounts 20191,5 M €↓
2018
Annual accounts 20182,2 M €↑
2017
Annual accounts 20171,1 M €↓
2016
Annual accounts 20161,4 M €↓
2015
Annual accounts 20152,7 M €↑
2014
Annual accounts 20141 M €↓
2013
Annual accounts 20131,1 M €↑
2012
Annual accounts 2012745,9 k €↑
2011
Annual accounts 2011502,9 k €↑
2010
Annual accounts 2010468,4 k €↑
2009
Annual accounts 2009197,1 k €↑
2008
Annual accounts 2008-366,4 k €↓
2007
Annual accounts 2007246,4 k €
13/12/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SEAPROMOTION

Overview

What does SEAPROMOTION do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline