Second Group
ActiveSecond Group has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €44k and a net result of €-25. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 51% of 34232 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2023
70
/ 100
Healthy▼ -16 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability0▼-33
Solvency98▼-2
Growth52=
Stability94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 2.42 against 8.11 in 2022), and 42.2% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
57.8%
Return on assets
0%
Age of the figures
32 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline12-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
31 d late
2021
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€44k▼ 0.1%
2022 · €44k
2021: €41k
2022: €44k
2021 → 2023
Total assets
€77k▲ 54.3%
2022 · €50k
2021: €64k
2022: €50k
2021 → 2023
Net result
€-25
2022 · €3k
2021: €40k
2022: €3k
2021 → 2023
Working capital
€43k▲ 11.5%
2022 · €38k
2021: €42k
2022: €38k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€41k-€44k▲ 7.1%€44k▼ 0.1%
Operating result€56k-€4k▼ 92.1%€245▼ 94.5%
Net result€40k-€3k▼ 92.7%€-25
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 94% below 2022 and is the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €77k
Fixed assets
€4k▼ 35.0%
Current assets
€73k▲ 66.7%
Equity and liabilities €77k
Equity
€44k▼ 0.1%
Debt
€32k▲ 502%
The debt ratio rises from 10.8% to 42.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▼
2022 · €5k
Cash flow
€2k▼
2022 · €3k
Solvency
57.8%▼
2022 · 89.2%
Current ratio
2.42▼
2022 · 8.11
Quick ratio
2.42▼
2022 · 8.11
Debt / equity
0.73▲
2022 · 0.12
ROE
-0.1%▼
2022 · 6.6%
ROA
0.0%▼
2022 · 5.9%
Interest coverage
22.13▲
2022 · 11.63
Debt
€32k▲
2022 · €5k
Debt ≤ 1 year
€30k▲
2022 · €5k
Income taxes
€216▼
2022 · €1k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€50k€77k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€44k€73k▲
Amounts receivable within one year40/41€624€60k▲
Trade receivables40€0€60k▲
Other amounts receivable41€624-
Cash at bank and in hand54/58€40k€12k▼
Deferred charges and accrued income490/1€3k€936▼
Equity and liabilities
Total equity and liabilities10/49€50k€77k▲
Equity10/15€44k€44k▼
Contributions10/11€2k€2k=
Reserves13€42k€42k=
Distributable reserves133€42k€42k=
Profit (loss) carried forward14€0€-25▼
Amounts payable17/49€5k€32k▲
Amounts payable within one year42/48€5k€30k▲
Trade debts44€3k€23k▲
Suppliers440/4€3k€23k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€800€6k▲
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€300€2k▲
Other operating charges640/8€102€109▲
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€4k€245▼
Financial income75/76B€0€53▲
Recurring financial income75€0€53▲
Financial charges65/66B€406€107▼
Recurring financial charges65€406€107▼
Profit (loss) for the period before taxes9903€4k€191▼
Income taxes67/77€1k€216▼
Profit (loss) for the period9904€3k€-25▼
Profit (loss) for the period to be appropriated9905€3k€-25▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-25▼
Transfer to equity691/2€3k-
To other reserves6921€3k-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
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
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Weakest financial yearnet €-25 ▼101%
Net result drops to €-25, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 8.11
Current ratio from 2.85 to 8.11; short-term debt falls from €23k to €5k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2025
Resigned as Director
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2021
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.
Fortuinstraat 842800 MechelenGround area
209 m²
Building footprint
208 m²
Volume, LiDAR
811 m³
Parcel 12404F0686/00B004, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fortuinstraat 84, 2800 Mechelen
since 20212.312.694.091
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0686/00B004 | Flanders | 209 m² | 1 · 208 m² | 5.3 m · 1 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.
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Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 37,319 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2021
Fiscal year end31-12
Abbreviation NL
Second
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.