SECOND
ActiveSECOND has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €45k. Equity is growing by ~47.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency98▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 2.78 in 2024; short-term debt: 26.7% and cash: 91% of total assets), and 26.7% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
73.3%
Return on assets
25.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
81 d early
2024
85 d early
2023
79 d early
2022
84 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 54.1%
2024 · €83k
2022: €25k
2023: €52k
2024: €83k
2022 → 2025
Total assets
€174k▲ 36.3%
2024 · €128k
2022: €69k
2023: €92k
2024: €128k
2022 → 2025
Net result
€45k▲ 46.9%
2024 · €30k
2022: €23k
2023: €27k
2024: €30k
2022 → 2025
Working capital
€127k▲ 58.8%
2024 · €80k
2022: €18k
2023: €40k
2024: €80k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€52k▲ 107%€83k▲ 58.3%€127k▲ 54.1%
Operating result€30k-€35k▲ 17.6%€39k▲ 12.7%€57k▲ 45.5%
Net result€23k-€27k▲ 18.8%€30k▲ 12.7%€45k▲ 46.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets
€812▼ 72.8%
Current assets
€173k▲ 38.9%
Equity and liabilities €174k
Equity
€127k▲ 54.1%
Debt
€46k▲ 3.6%
The debt ratio falls from 35.1% to 26.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €48k
Cash flow
€47k▲
2024 · €39k
Solvency
73.3%▲
2024 · 64.9%
Current ratio
3.73▲
2024 · 2.78
Quick ratio
3.73▲
2024 · 2.78
Debt / equity
0.36▼
2024 · 0.54
ROE
35.1%▼
2024 · 36.8%
ROA
25.7%▲
2024 · 23.9%
Interest coverage
753.31▲
2024 · 743.29
Debt
€46k▲
2024 · €45k
Debt ≤ 1 year
€46k▲
2024 · €45k
Income taxes
€12k▲
2024 · €9k
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€128k€174k▲
Fixed assets21/28€3k€812▼
Tangible fixed assets22/27€3k€812▼
Furniture and vehicles24€3k€812▼
Current assets29/58€125k€173k▲
Amounts receivable within one year40/41€15k€15k=
Trade receivables40€15k€15k=
Cash at bank and in hand54/58€110k€158k▲
Deferred charges and accrued income490/1€162€173▲
Equity and liabilities
Total equity and liabilities10/49€128k€174k▲
Equity10/15€83k€127k▲
Contributions10/11€3k€3k=
Reserves13€80k€125k▲
Distributable reserves133€80k€125k▲
Amounts payable17/49€45k€46k▲
Amounts payable within one year42/48€45k€46k▲
Trade debts44€2k€203▼
Suppliers440/4€2k€203▼
Taxes, remuneration and social security45€20k€23k▲
Taxes450/3€20k€23k▲
Other amounts payable47/48€23k€23k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€2k▼
Other operating charges640/8€502€567▲
Gross operating margin9900€49k€60k▲
Operating profit (loss)9901€39k€57k▲
Financial charges65/66B€65€79▲
Recurring financial charges65€65€79▲
Profit (loss) for the period before taxes9903€39k€57k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€30k€45k▲
Profit (loss) for the period to be appropriated9905€30k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€45k▲
Transfer to equity691/2€30k€45k▲
To other reserves6921€30k€45k▲
The notes to these accounts (4 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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €45k ▲46.9%
Operating result €57k, net result €45k, both a record.
31-12
Financial
Equity above €100kEq €127k ▲54.1%
4 profitable years in a row build equity to €127k.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kortenaken · 1 establishment unit since 2022
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.
Diestsestraat 263470 KortenakenGround area
1,914 m²
Building footprint
397 m²
Volume, LiDAR
1,809 m³
Parcel 24054C0002/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SECOND
since 20222.327.795.904
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24054C0002/00E000 | Flanders | 1,914 m² | 1 · 396 m² | 8.3 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
AMVR
BE 0759.458.530
Heusden-Zolder · Eq €127k
MOMENTS FOR LIFE
BE 0775.508.763
Chaumont-Gistoux · Eq €127k
FLEXMINDS
BE 0837.086.343
Ardooie · Eq €127k
FRESH AER CONSULTING
BE 0794.586.485
Tremelo · Eq €127k
SAB CONSULT
BE 0833.310.271
Nivelles · Eq €127k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.