SECAL
ActiveSummary
SECAL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €1k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+30
Solvency90▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.8 against 2.53 in 2024; short-term debt: 35.4% and cash: 5.7% of total assets), and 35.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
20 d late
2023
29 d early
2022
17 d late
2021
26 d late
2020
31 d late
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€9k▲ 15.0%
2024 · €8k
2018: €-3k
2019: €-2k
2020: €258
2021: €11k
2022: €7k
2023: €9k
2024: €8k
2018 → 2025
Total assets
€14k▲ 10.1%
2024 · €13k
2018: €7k
2019: €9k
2020: €12k
2021: €18k
2022: €18k
2023: €13k
2024: €13k
2018 → 2025
Net result
€1k
2024 · €-810
2018: €370
2019: €1k
2020: €2k
2021: €11k
2022: €-4k
2023: €2k
2024: €-810
2018 → 2025
Working capital
€9k▲ 19.5%
2024 · €7k
2018: €-4k
2019: €-2k
2020: €129
2021: €11k
2022: €6k
2023: €8k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€7k▼ 35.3%€9k▲ 23.0%€8k▼ 9.3%€9k▲ 15.0%
Operating result€12k-€113▼ 99.0%€2k▲ 2,006%€465▼ 80.4%€2k▲ 370%
Net result€11k-€-4k€2k€-810€1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 370% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€129 ▼ 68.0%
Current assets
€14k ▲ 12.6%
Equity and liabilities €14k
Equity
€9k ▲ 15.0%
Debt
€5k ▲ 2.0%
Debt's share of the balance-sheet total falls from 38.2% to 35.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €739
Cash flow
€1k▲
2024 · €-537
Current ratio
2.80▲
2024 · 2.53
Debt to equity
0.55▼
2024 · 0.62
ROE
13.1%▲
2024 · -10.3%
ROA
8.4%▲
2024 · -6.4%
Interest coverage
6.79▲
2024 · 4.57
Debt ≤ 1 year
€5k▲
2024 · €5k
Income taxes
€586▼
2024 · €1k
Staff costs
€370▲
2024 · €365
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€14k▲
Fixed assets21/28€403€129▼
Tangible fixed assets22/27€274-
Furniture and vehicles24€274-
Financial fixed assets28€129€129=
Current assets29/58€12k€14k▲
Amounts receivable within one year40/41€11k€13k▲
Trade receivables40€11k€13k▲
Cash at bank and in hand54/58€927€800▼
Equity and liabilities
Total equity and liabilities10/49€13k€14k▲
Equity10/15€8k€9k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€984€984=
Non-distributable reserves130/1€744€744=
Legal reserve130€744€744=
Distributable reserves133€240€240=
Profit (loss) carried forward14€-12k€-11k▲
Amounts payable17/49€5k€5k▲
Amounts payable within one year42/48€5k€5k▲
Financial debts43€627-
Credit institutions430/8€627-
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€333€2k▲
Taxes450/3€333€2k▲
Other amounts payable47/48€1k€1k=
Income statement
Code20242025
Remuneration, social security and pensions62€365€370▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€274€274=
Other operating charges640/8€1k€732▼
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€465€2k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€192€418▲
Recurring financial charges65€162€362▲
Non-recurring financial charges66B€30€56▲
Profit (loss) for the period before taxes9903€274€2k▲
Income taxes67/77€1k€586▼
Profit (loss) for the period9904€-810€1k▲
Profit (loss) for the period to be appropriated9905€-810€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-11k▲
Profit (loss) brought forward from the previous period14P€-11k€-12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 33 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €-4k ▼136%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2018net €11k ▲344%
Operating result €12k, net result €11k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.62
Current ratio from 1.01 to 2.62; short-term debt falls from €11k to €7k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
Show earlier events
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Binche · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Cour de la Sucrerie(PER) 57134 BincheGround area
2,403 m²
Building footprint
769 m²
Volume, LiDAR
4,217 m³
Parcel 55032C0345/00D004, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SECAL SPRL
since 19962.049.463.312
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55032C0345/00D004 | Wallonia | 2,403 m² | 1 · 769 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Bleyenberg + Partners
BE 0745.790.042
Merelbeke-Melle · Eq €9,058
PF BUSINESS
BE 0631.696.266
Enghien · Eq €9,064
CDS
BE 0795.310.621
Antwerpen · Eq €9,066
SG5
BE 0832.960.279
Sombreffe · Eq €9,015
ASC CONSULT
BE 0805.735.547
Zaventem · Eq €9,015
Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 1,743 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-1990
Fiscal year end31-12
Activities, NACEBEL 2025
69209Other tax advisory services
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.