Secant
ActiveSecant has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €305k and a net result of €34k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 9380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-44
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.18 against 6.56 in 2024), and 18.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.3%
Return on assets
9.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
85 d late
2023
on the day
2022
31 d early
2021
4 d late
2020
32 d late
2019
87 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€305k▲ 12.5%
2024 · €271k
2018: €82k
2019: €113k
2020: €145k
2021: €142k
2022: €173k
2023: €205k
2024: €271k
2018 → 2025
Total assets
€376k▲ 18.8%
2024 · €316k
2018: €103k
2019: €118k
2020: €153k
2021: €146k
2022: €199k
2023: €237k
2024: €316k
2018 → 2025
Net result
€34k▼ 48.9%
2024 · €66k
2018: €18k
2019: €39k
2020: €32k
2021: €-3k
2022: €31k
2023: €32k
2024: €66k
2018 → 2025
Working capital
€293k▲ 17.9%
2024 · €249k
2018: €68k
2019: €103k
2020: €129k
2021: €123k
2022: €128k
2023: €171k
2024: €249k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€142k-€173k▲ 21.7%€205k▲ 18.3%€271k▲ 32.4%€305k▲ 12.5%
Operating result€-3k-€42k€45k▲ 7.2%€90k▲ 99.3%€26k▼ 70.8%
Net result€-3k-€31k€32k▲ 2.5%€66k▲ 110%€34k▼ 48.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€12k▼ 46.1%
Current assets
€363k▲ 23.8%
Equity and liabilities €376k
Equity
€305k▲ 12.5%
Debt
€70k▲ 56.9%
The debt ratio rises from 14.1% to 18.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€37k▼
2024 · €101k
Cash flow
€45k▼
2024 · €78k
Solvency
81.3%▼
2024 · 85.9%
Current ratio
5.18▼
2024 · 6.56
Quick ratio
5.18▼
2024 · 6.56
Debt / equity
0.23▲
2024 · 0.16
ROE
11.1%▼
2024 · 24.5%
ROA
9.1%▼
2024 · 21.0%
Interest coverage
181.21▲
2024 · 103.39
Debt
€70k▲
2024 · €45k
Debt ≤ 1 year
€70k▲
2024 · €45k
Income taxes
€14k▼
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€316k€376k▲
Fixed assets21/28€23k€12k▼
Tangible fixed assets22/27€23k€12k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€15k€8k▼
Current assets29/58€293k€363k▲
Amounts receivable after more than one year29-€30k
Trade receivables290-€30k
Amounts receivable within one year40/41€36k€40k▲
Trade receivables40€547€34k▲
Other amounts receivable41€35k€6k▼
Current investments50/53€154k€215k▲
Cash at bank and in hand54/58€102k€76k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€316k€376k▲
Equity10/15€271k€305k▲
Contributions10/11€19k€19k=
Reserves13€163k€197k▲
Distributable reserves133€163k€197k▲
Profit (loss) carried forward14€90k€90k=
Amounts payable17/49€45k€70k▲
Amounts payable within one year42/48€45k€70k▲
Trade debts44€20k€60k▲
Suppliers440/4€20k€60k▲
Taxes, remuneration and social security45€24k€9k▼
Taxes450/3€24k€9k▼
Other amounts payable47/48€278€402▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€754€798▲
Gross operating margin9900€102k€38k▼
Operating profit (loss)9901€90k€26k▼
Financial income75/76B€4k€22k▲
Recurring financial income75€4k€22k▲
Financial charges65/66B€981€203▼
Recurring financial charges65€981€203▼
Profit (loss) for the period before taxes9903€93k€48k▼
Income taxes67/77€26k€14k▼
Profit (loss) for the period9904€66k€34k▼
Profit (loss) for the period to be appropriated9905€66k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€124k▼
Profit (loss) brought forward from the previous period14P€90k€90k=
Transfer to equity691/2€66k€34k▼
To other reserves6921€66k€34k▼
The notes to these accounts (7 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
31-12
Financial
Highest result since 2018net €66k ▲110%
Operating result €90k, net result €66k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €205k ▲18.3%
2 profitable years in a row build equity to €205k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
31-12
Financial
Equity above €150kEq €173k ▲21.7%
Equity rises from €142k to €173k.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Weakest financial yearnet €-3k ▼108%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Liquidity times 5current ratio 20.66
Current ratio from 4.28 to 20.66; short-term debt falls from €21k to €5k.
31-12
Financial
Equity above €100kEq €113k ▲37.7%
2 profitable years in a row build equity to €113k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
CELEN Jan
CurrentDirector · since 21-11-2023
21-11-2023
Appointed as Director
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2004
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.
Nieuwstraat(Av) 613271 Scherpenheuvel-ZichemGround area
1,559 m²
Building footprint
105 m²
Volume, LiDAR
591 m³
Parcel 24005B0005/00E000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Secant
since 20042.187.980.005
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24005B0005/00E000 | Flanders | 1,559 m² | 1 · 105 m² | 8.5 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845003C0JECFC4ED921
Similar companies · same sector, comparable size
INTER BUSINESS
BE 0439.417.225
Kortrijk · Eq €305k
BUREAU D'ETUDES C.A.R.T.
BE 0465.661.663
Manhay · Eq €305k
BELANEX
BE 0770.567.010
Gent · Eq €306k
LANDMETER VERBEKE
BE 0882.389.105
Sint-Gillis-Waas · Eq €306k
MENSURA
BE 0422.736.787
Sint-Niklaas · Eq €307k
Of 1,757 companies in sector 71122 we hold annual accounts for 765. 591 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2004
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.