ACTIVE

S.E.D. MANAGEMENT

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Financial year 2025 · closed on 31/12/2025
Net result
86,8 k €
-0.4% YoY
Gross margin
19,2 k €
-46.6% YoY
Equity
624,8 k €
-9.5% YoY

What does S.E.D. MANAGEMENT do?

S.E.D. MANAGEMENT is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0887.644.228
Incorporation
21/02/2007
Legal form
Private limited company
Registered office
Boulevard Saint-Michel 125
1040 Etterbeek · BruxellesSee on map
Contributed capital
6 307,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities74879Other professional, scientific and technical activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin19,2 k €36,1 k €50,1 k €15,3 k €28 k €26,6 k €33,2 k €14 k €62,9 k €31,3 k €28,4 k €108 k €72,2 k €90,7 k €64,5 k €36,4 k €53,4 k €29,6 k €
EBITDA15,3 k €33,8 k €47,9 k €12,7 k €23 k €21 k €30,1 k €10,9 k €60,8 k €23,2 k €28,2 k €105,5 k €70,1 k €88 k €62,4 k €35 k €52,5 k €25,4 k €
Operating result-455 €21,5 k €40,2 k €3,5 k €16 k €13,7 k €21,6 k €406 €52,6 k €15,7 k €20,2 k €97,5 k €58,6 k €77,1 k €41 k €-11,9 k €38,6 k €3,2 k €
Net result86,8 k €87,1 k €96,8 k €63,7 k €4,4 k €82,4 k €152,7 k €87 k €138,4 k €-3,5 k €98,7 k €71,8 k €47,3 k €62,2 k €30,4 k €-11 k €30,3 k €-988 €
Balance sheet
Equity624,8 k €690 k €688,9 k €592,1 k €528,4 k €524 k €441,6 k €288,9 k €256,9 k €118,5 k €122 k €61,2 k €34,5 k €32,2 k €14,9 k €4,6 k €15,6 k €5,3 k €
Total assets734,9 k €824,6 k €801,1 k €691,2 k €695,5 k €780,8 k €766,9 k €686,3 k €730,7 k €679,9 k €790 k €737,6 k €242 k €222,8 k €212,1 k €222,3 k €125,9 k €110,5 k €
Cash64,4 k €116,8 k €104,4 k €24,2 k €18,9 k €3,1 k €12,4 k €13,4 k €32,2 k €36 k €51,4 k €22,8 k €107,9 k €85,9 k €52,7 k €59,7 k €79,9 k €54,5 k €
Debts106,8 k €131,6 k €107,4 k €99 k €167 k €256,8 k €325,2 k €397,5 k €473,8 k €561,4 k €668 k €672,3 k €207,5 k €190,6 k €197,2 k €217,8 k €110,3 k €105,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Serge DECLERCK

Mandate

Active

Ended mandates

SERGE DECLERCK

Director

Ended
SERGE DECLERCK

Administrator - manager

Ended
SERGE DECLERCK

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged 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 date09/07/202631/07/202505/08/202410/08/202313/07/202224/09/2021
General meeting25/06/202626/06/202527/06/202429/06/202330/06/202224/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202609/07/2026FrenchPDF
Abridged model31/12/202426/06/202531/07/2025FrenchPDF
Abridged model31/12/202327/06/202405/08/2024FrenchPDF
Micro model31/12/202229/06/202310/08/2023FrenchPDF
Abridged model31/12/202130/06/202213/07/2022FrenchPDF
Abridged model31/12/202024/06/202124/09/2021FrenchPDF
Abridged model31/12/201925/06/202001/10/2020FrenchPDF
Micro model31/12/201827/06/201922/08/2019FrenchPDF
Abridged model30/09/201725/02/201812/04/2018FrenchPDF
Abridged model30/09/201625/02/201731/03/2017FrenchPDF
Abridged model30/09/201525/02/201618/03/2016FrenchPDF
Abridged model30/09/201425/02/201520/03/2015FrenchPDF
Abridged model30/09/201325/02/201417/03/2014FrenchPDF
Abridged model30/09/201225/02/201328/02/2013FrenchPDF
Abridged model30/09/201125/02/201206/03/2012FrenchPDF
Abridged model30/09/201025/02/201104/04/2011FrenchPDF
Abridged model30/09/200925/02/201019/03/2010FrenchPDF
Abridged model30/09/200825/02/200917/03/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 active · 3 ended

Active mandates

Serge DECLERCK

Mandate

Active

Ended mandates

SERGE DECLERCK

Director

Ended
SERGE DECLERCK

Administrator - manager

Ended
SERGE DECLERCK

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other11/10/2018
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office04/01/2018
    SIEGE SOCIAL
    PDF
  • Registered office10/04/2014
    SIEGE SOCIAL
    PDF
  • Other12/03/2007
    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 202586,8 k €↓
  2. 2024
    Annual accounts 202487,1 k €↓
  3. 2023
    Annual accounts 202396,8 k €↑
  4. 2022
    Annual accounts 202263,7 k €↑
  5. 2021
    Annual accounts 20214,4 k €↓
  6. 2020
    Annual accounts 202082,4 k €↓
  7. 2019
    Annual accounts 2019152,7 k €↑
  8. 2018
    Annual accounts 201887 k €↓
  9. 2017
    Annual accounts 2017138,4 k €↑
  10. 2016
    Annual accounts 2016-3,5 k €↓
  11. 2015
    Annual accounts 201598,7 k €↑
  12. 2014
    Annual accounts 201471,8 k €↑
  13. 2013
    Annual accounts 201347,3 k €↓
  14. 2012
    Annual accounts 201262,2 k €↑
  15. 2011
    Annual accounts 201130,4 k €↑
  16. 2010
    Annual accounts 2010-11 k €↓
  17. 2009
    Annual accounts 200930,3 k €↑
  18. 2008
    Annual accounts 2008-988 €
  19. 21/02/2007
    IncorporationPrivate limited company