Equity
-€311,327
Debts exceed assets in financial year 2025.
E-SECUVISION
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2000peak €685,433 (2018)
€31,570▼ 3.9%
lowest -€162,989 (2025)
-€162,989▼ €93,411
peak €2.1m (2017)
-€311,327▼ €162,989
€3.4m▲ 3.6%
Board4 names since 2022
1 directorVanderstraeten Marianna
Documentsfilings and deeds
25-11-202567 days before the deadline
2025micro format
Loss of €162,989Equity from -€148,338 to -€311,327
Key points
from the 2025 annual accountsChecked score
53
Fair
Financially stronger than 19% of small companies without a NACE code
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.2%▼ -0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€311,327
Founded in 1999
Loss of €162,989, the second in a row (financial year 2025)
lowers risk
Size: total assets €3.1m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small). It does better than 5% of them on solvency, 6% on liquidity, 63% on profitability and 3% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,242 companies had the same profile as E-SECUVISION has now. Each dot stands for 4 companies, two years later.
92.8%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of E-SECUVISION itself is lower: 0.4% within 12 months. It rests on far more data about E-SECUVISION than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,242 companies, not a prediction for E-SECUVISION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.01 in 2024), below 1. Short-term debt is 110% and cash 1.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€311,327
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 days early
2024
3 days early
2023
51 days early
2022
13 days early
2021
3 days early
2020
26 days late
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 18 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 18 January (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end06-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0467406673
New statutory director
Marianne Vanderstraeten appointed, Jan Valcke resigned · Board meeting of 02-10-2023 · Gazette deed
2 directors appointed
Change of role: VALCKE Jan Ernest Alois Cyrille, from manager to statutory director · Appointments: Vanderstraeten Marianne (statutory director) and Valcke Matthias Brecht (statutory director) · Director discharge: VALCKE Jan Ernest Alois Cyrille · General meeting of 21-03-2023 · Gazette deed
First establishment
Magerstraat 1A, Kortrijk
Official details
Source: KBO- Status
- Active since 23-11-1999Normal situation
- Activity
- “Het verstrekken van gespecialiseerd advies en consulting betreffende de zakelijke uitbouw,bedrijfsstrategieën en beheersbeleid aan…” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.097.086.0558501 Kortrijk, since 28-01-2000
- Financial year end
- 30 June
- Peppol
- Reachable since 05-12-2025
Annual accounts to 30-06-2025
- ≈ €130,000estimated
- €3.1m▼ 1.4%
- Filing
- Filed on 25-11-2025, 67 days before the end of the filing period
Insights on E-SECUVISION
E-SECUVISION files the micro format. That format states no turnover. The gross margin fell from €114,449 in 2006 to €31,570 in 2025.
The balance sheet grew most in 2016 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about E-SECUVISION
- What is the company number of E-SECUVISION?
- The company number of E-SECUVISION is 0467.406.673. The VAT number is the same number with BE in front: BE 0467.406.673.
- Where is E-SECUVISION based?
- The registered office is at Magerstraat 1 A, 8501 Kortrijk.Company details
- What is the legal form of E-SECUVISION?
- E-SECUVISION is a private limited company (BV).
- When was E-SECUVISION founded?
- E-SECUVISION was founded on 23-11-1999.
- Is E-SECUVISION still active?
- Yes, E-SECUVISION is an active enterprise in the KBO register.
- What is the turnover of E-SECUVISION?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €31,570 and 2,946 comparable companies of the same size. It probably lies between €76,000 and €230,000. It is a rough estimate.Financials
- Is E-SECUVISION profitable?
- In financial year 2025, E-SECUVISION made a loss of €162,989.
- Where can I find the annual accounts of E-SECUVISION?
- E-SECUVISION filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of E-SECUVISION due?
- E-SECUVISION must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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