SeC
ActiveSummary
The computed 12-month bankruptcy probability of SeC is 3.2% (moderate). The annual accounts of SeC for fiscal year 2024 show a net loss of 390% of total assets. The 2024 annual accounts show equity of €532 and a net result of -€5,968. Its solvency ranks better than 46% of 15862 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability0
Solvency60
Growth-
Track record67
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€532
Total assets
€1,530
Net result
-€5,968
Working capital
€532
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €1,530
Equity
€532
Debt
€998
Debt finances 65.2% of the balance-sheet total.
Key figures and ratios
EBITDA
-€5,147
Cash flow
-€5,159
Interest coverage
-262.85
Debt ≤ 1 year
€998
Ratios withheld: a balance sheet total of €1,530 is too small for a meaningful ratio.
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €809 |
| Other operating charges640/8 | €1,591 |
| Gross operating margin9900 | -€3,556 |
| Operating profit (loss)9901 | -€5,956 |
| Financial income75/76B | €8 |
| Recurring financial income75 | €8 |
| Financial charges65/66B | €20 |
| Recurring financial charges65 | €20 |
| Profit (loss) for the period before taxes9903 | -€5,968 |
| Profit (loss) for the period9904 | -€5,968 |
| Profit (loss) for the period to be appropriated9905 | -€5,968 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1,530 | |
| Current assets29/58 | €1,530 | |
| Amounts receivable within one year40/41 | €1,028 | |
| Trade receivables40 | €278 | |
| Other amounts receivable41 | €750 | |
| Cash at bank and in hand54/58 | €502 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1,530 | |
| Equity10/15 | €532 | |
| Contributions10/11 | €6,500 | |
| Profit (loss) carried forward14 | -€5,968 | |
| Amounts payable17/49 | €998 | |
| Amounts payable within one year42/48 | €998 | |
| Trade debts44 | €231 | |
| Suppliers440/4 | €231 | |
| Advances received on contracts in progress46 | €246 | |
| Taxes, remuneration and social security45 | €521 | |
| Taxes450/3 | €521 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€5,968 |
| + Depreciation and write-downs630 | €809 |
| Operating cash flow (approximation) | -€5,159 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
Ground area
1.2 ha
Building footprint
3,011 m²
Volume, LiDAR
18,421 m³
2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
SeC
since 20232.351.744.016
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0294/00B000 | Flanders | 8,081 m² | 1 · 489 m² | - |
| 11012A0273/00R000 | Flanders | 3,826 m² | 1 · 2,522 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GAMEFIELD EUROPE
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LAUWENS ENGINEERING
BE 0430.511.437
Bonheiden · Eq €706
AXSI
BE 0471.572.131
Kasterlee · Eq €859
Mr Horeca
BE 0798.487.667
Quaregnon · Eq €1,277
WESound Sales
BE 0677.672.781
Knokke-Heist · Eq €1,336
Of 979 companies in sector 46431 we hold annual accounts for 705. 20 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.