SECODO
The computed 12-month bankruptcy probability of SECODO is 2.2% (moderate). The 2024 annual accounts show equity of €18k and a net result of €3k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 6654 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €18k |
| Net result | €3k |
| Better than sector | 71% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.1% | 20.3% | |
| Net result | €3k | €4k | |
| Equity | €18k | €16k | |
| Gross operating margin | €4k | €24k | |
| Total assets | €41k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €3k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €523 |
| Dividends | - |
| Total assets | €41k |
| Equity | €18k |
| Debt | €23k |
| of which ≤ 1y | €23k |
| of which > 1y | - |
| Working capital | €18k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.76 |
| Quick ratio | 0.12 |
| Working capital ratio | 43.1% |
| Solvency | 43.1% |
| Debt / equity | 1.32 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 7.0% |
| ROE | 16.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €41k |
| Current assets | 29/58 | €41k |
| Stocks & contracts in progress | 3 | €38k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €41k |
| Equity | 10/15 | €18k |
| Contributions / capital | 10/11 | €16k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €23k |
| Amounts payable within one year | 42/48 | €23k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €4k |
| Financial income | 75 | €9 |
| Financial charges | 65 | €196 |
| Result before taxes | 9903 | €3k |
| Income taxes | 67/77 | €523 |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
Former directors (1)
-
Former- → 31-08-2025
| NACE primary | Retail trade(47639) |
| Legal form | Private limited company(610) |
| Incorporation | 26-02-2021 |
| Status | Active |
| Postal code | 1300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772G0209/00T005 | Wallonia | 155 m² | 1 · 45 m² | 10.7 m · 3 fl. |
| 25023A0150/00G000 | Wallonia | 115 m² | 1 · 104 m² | 8.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-10-2025 Constantin REES resigns as director
- Constantin REES, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Constantin REES",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-31",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale des actionnaires prend acte et accepte la d\u00E9mission de Monsieur Constantin REES, en tant qu\u0027administrateur de la SRL SECODO avec effet le 31 ao\u00FBt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.395.335",
"name_full": "SECODO",
"legal_form": "SRL"
}
}13-07-2021 Registered office moved from COURT-SAINT-ETIENNE to Wavre
- RUELLE CROMBÉ 3, 1490 COURT-SAINT-ETIENNE → Avenue Philibert Marschouw 63, 1300 Wavre
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Wavre",
"region": "Waals",
"street": "Avenue Philibert Marschouw",
"country": "BE",
"postcode": "1300",
"box_number": null,
"street_number": "63"
},
"old_address": {
"city": "COURT-SAINT-ETIENNE",
"region": "Waals",
"street": "RUELLE CROMB\u00C9",
"country": "BE",
"postcode": "1490",
"box_number": null,
"street_number": "3"
},
"effective_date": "2021-06-03",
"evidence_quote": "L\u0027assembi\u00E9e G\u00E9n\u00E9rale Extraordinaire du 3 juin 2021 d\u00E9cide \u00E0 l\u0027unanimit\u00E9 et ce avec effet imm\u00E9diat du transfert de si\u00E8ge social \u00E0 l\u0027adresse suivante: - Avenue Philibert Marschouw 63 1300 Wavre"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.395.335",
"name_full": "SECODO",
"legal_form": "SRL"
}
}02-03-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1490 Court-Saint-\u00C9tienne, Ruelle Cromb\u00E9 3",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-01-19",
"name": "WAGNER, S\u00E9bastien Andr\u00E9 Marie-Jeanne Ghislain",
"niss": null,
"address": "1490 Court-Saint-Etienne, Ruelle Cromb\u00E9, num\u00E9ro 3/0001"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5016.13,
"holder_person_name": "WAGNER, S\u00E9bastien Andr\u00E9 Marie-Jeanne Ghislain",
"is_subscriber_only": false,
"n_shares_subscribed": 103,
"amount_subscribed_eur": 5016.13,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1987-05-21",
"name": "REES, Constantin Bruno Jo\u00EBlle",
"niss": null,
"address": "1300 Wavre, Avenue Philibert Marschouw, num\u00E9ro 63"
},
"share_class": "B",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5016.13,
"holder_person_name": "REES, Constantin Bruno Jo\u00EBlle",
"is_subscriber_only": false,
"n_shares_subscribed": 103,
"amount_subscribed_eur": 5016.13,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "2000-09-17",
"name": "BRONCHAIN, Donovan Patrick Corneille S\u00E9bastien Ghislain",
"niss": null,
"address": "1360 Perwez, Rue Saint Roch, num\u00E9ro 120"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5067.74,
"holder_person_name": "BRONCHAIN, Donovan Patrick Corneille S\u00E9bastien Ghislain",
"is_subscriber_only": true,
"n_shares_subscribed": 104,
"amount_subscribed_eur": 5067.74,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1974-03-24",
"name": "RYGAERT, Ga\u00EBtan Dominique Philippe",
"niss": null,
"address": "1495 Villers-la-Ville, Avenue des Sapins, num\u00E9ro 3"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": null,
"amount_paid_in_eur": 0,
"holder_person_name": "RYGAERT, Ga\u00EBtan Dominique Philippe",
"is_subscriber_only": true,
"n_shares_subscribed": 0,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1968-06-15",
"name": "LIEVENS, Luk",
"niss": null,
"address": "1495 Villers-la-Ville"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": null,
"amount_paid_in_eur": 0,
"holder_person_name": "LIEVENS, Luk",
"is_subscriber_only": true,
"n_shares_subscribed": 0,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 15500,
"subject_company": {
"kbo": "0764.395.335",
"name_full": "SECODO",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-02-25",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SECODO |