S E C

S E C has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,217 and a net result of -€2,514. Equity is shrinking by about 18% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 71% of 17,021 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).