SECOND RING COORPORATION
ActiveSECOND RING COORPORATION has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270k and a net result of €-16k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 26.73 against 69.72 in 2024), and 1.3% 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 82
Relative position
BE, all sectors
reference
Sector 82
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021222425
2018 to 2025 · latest year -€16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
92 d late
2022
14 d early
2021
44 d early
2020
2 d late
2019
81 d late
2018
23 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€270k▼ 5.6%
2024 · €286k
2018: €109k
2019: €154k
2020: €118k
2021: €169k
2022: €264k
2024: €286k
2018 → 2025
Total assets
€273k▼ 4.9%
2024 · €287k
2018: €232k
2019: €243k
2020: €155k
2021: €203k
2022: €309k
2024: €287k
2018 → 2025
Net result
€-16k▲ 12.9%
2024 · €-18k
2018: €76k
2019: €46k
2020: €-36k
2021: €51k
2022: €94k
2024: €-18k
2018 → 2025
Working capital
€95k▼ 14.5%
2024 · €111k
2018: €83k
2019: €139k
2020: €96k
2021: €152k
2022: €75k
2024: €111k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€118k-€169k▲ 43.0%€264k▲ 55.8%€286k▲ 8.4%€270k▼ 5.6%
Operating result€-38k-€55k€130k▲ 135%€-18k€-5k▲ 74.1%
Net result€-36k-€51k€94k▲ 85.8%€-18k€-16k▲ 12.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €18k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€175k=
Current assets
€98k▼ 12.4%
Equity and liabilities €273k
Equity
€270k▼ 5.6%
Debt
€4k▲ 128%
The debt ratio rises from 0.6% to 1.3%: debt grows while equity shrinks.
Key figures and ratios
Solvency
98.7%▼
2024 · 99.4%
Current ratio
26.73▼
2024 · 69.72
Quick ratio
26.73▼
2024 · 69.72
Debt / equity
0.01▲
2024 · 0.01
ROE
-5.9%▲
2024 · -6.4%
ROA
-5.9%▲
2024 · -6.4%
Debt
€4k▲
2024 · €2k
Debt ≤ 1 year
€4k▲
2024 · €2k
Income taxes
€11k
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€287k€273k▼
Fixed assets21/28€175k€175k=
Tangible fixed assets22/27€175k€175k=
Land and buildings22€175k€175k=
Current assets29/58€112k€98k▼
Amounts receivable within one year40/41€108k€63k▼
Trade receivables40€6k€6k=
Other amounts receivable41€102k€57k▼
Cash at bank and in hand54/58€5k€36k▲
Equity and liabilities
Total equity and liabilities10/49€287k€273k▼
Equity10/15€286k€270k▼
Contributions10/11€30k€30k=
Reserves13€8k€8k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€248k€232k▼
Amounts payable17/49€2k€4k▲
Amounts payable within one year42/48€2k€4k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k-
Other operating charges640/8€256€1k▲
Gross operating margin9900€-9k€-3k▲
Operating profit (loss)9901€-18k€-5k▲
Financial charges65/66B€121€143▲
Recurring financial charges65€121€143▲
Profit (loss) for the period before taxes9903€-18k€-5k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-18k€-16k▲
Profit (loss) for the period to be appropriated9905€-18k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€248k€232k▼
Profit (loss) brought forward from the previous period14P€267k€248k▼
The notes to these accounts (3 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Liquidity times 26current ratio 69.72
Current ratio from 2.66 to 69.72; short-term debt falls from €45k to €2k.
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €94k ▲85.8%
Operating result €130k, net result €94k, both a record.
31-12
Financial
Equity above €200kEq €264k ▲55.8%
2 profitable years in a row build equity to €264k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Equity above €150kEq €169k ▲43%
Equity rises from €118k to €169k.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-36k ▼179%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
31-12
Financial
Equity above €150kEq €154k ▲42%
2 profitable years in a row build equity to €154k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Antwerpen · 1 establishment unit since 1998
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.
Braziliëstraat 262000 AntwerpenGround area
1,137 m²
Building footprint
690 m²
Volume, LiDAR
7,448 m³
2 parcels, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Leonardusstraat 54, 3530 Houthalen-Helchteren
since 19982.086.214.533
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0126/02S018 | Flanders | 1,010 m² | 1 · 564 m² | 18.3 m · 5 fl. |
| 72452E0560/00T000 | Flanders | 126 m² | 1 · 126 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Tentenverhuur Sleidinge
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intrem
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DOME EVENTHALL
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Of 4,556 companies in sector 82300 we hold annual accounts for 1,662. 1,162 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-1998
Fiscal year end31-12
Abbreviation NL
SRC
Activities, NACEBEL
82300Organisation of conventions and trade shows
46360Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.