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SeCo NV

Judicial reorganisation
Public limited companyfounded 200124 yrs activeSantvoortbeeklaan 25, 2100 Antwerpen, BelgiumKBO/BCE: BE 0475.997.014
Summary

The file of SeCo NV contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €57,445 and a net result of -€9,091. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 5895 sector peers (fiscal year 2024).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Antwerp
Opened
28 January 2026
Track
Reorganisation by amicable settlement
Docket number
20260002
Moratorium until
28 March 2026 (passed; an extension would be in a later judgment)
Delegated judge
Luc Janssens
Official Gazette
04-02-2026 (pdf) ↗search the document for 2026/104692

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Other building cleaning and industrial cleaning
NACE 81220
1 site
Size
€200,049total assets 2024
Staff
8.1 FTE
Equity
€57,445
Loss
-€9,091
Turnover not published (abridged schema)
Financial health
24 Critical Checked score 2024
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 65 d overdue1 of 6 deeds read
Why 24- In judicial reorganisation- Filed more than 90 days lateShow the evidence

Checked score

Score 2024
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian State Gazette caps the score at 24. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 54-20
equity 28.7% of total assets
Liquidity 15-12
short-term debt 69.3% · cash 1.9%
Profitability 54-35
return on assets -4.5%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity tight (current ratio 1.32 against 1.56 in 2023; short-term debt: 69.3% and cash: 1.9% of total assets), and 71.3% of the assets are financed with debt.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 30-12-2024 was due by 30-07-2025 and was filed on 09-02-2026, 194 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
194 d late
2023
62 d late
2022
9 d late
2021
32 d late
2020
32 d late
2019
220 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · micro…
  3. OpeningOndernemingsrechtbank Antwerpen · amicable agreement…

Key points

  • Risk: In judicial reorganisationcreditors: see the procedure below 28-01-2026 View
  • Caution: Among the weakest 13% on net resultsector median €8,813 · 5,880 companies -€9,091 View
  • Caution: Accounts not fileddeadline was 30-07-2026 65 d late View
  • Caution: Staff fell in 2024from 11.4 FTE to 8.1 FTE ▼ 28.9% View

By topic

Financials

Fiscal year
2024
Total assets
€200,049
Loss
-€9,091
Solvency
28.7%
Total assets▲ 46.7%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 02-04-2026Registered office
  2. 09-02-2026Annual accounts filed
  3. 04-02-2026Opening
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other building cleaning and industrial cleaningNACE 81220
Founded
31-10-2001
Year ends
30-12
Peppol
Reachable for e-invoices
Go to Company details

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