Seconex
ActiveSummary
Seconex has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1k) and a net result of €-30k. Equity is shrinking by ~13% per year across the filed fiscal years. Its solvency ranks better than 22% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-10
Solvency24▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 1.07 in 2024; short-term debt: 35.9% and cash: 1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-0.6%
Return on assets
-12.6%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-1k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
on the day
2023
234 d late
2022
30 d late
2021
311 d late
2020
2 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-1k
2024 · €29k
2019: €48k
2020: €60k
2021: €69k
2022: €113k
2023: €76k
2024: €29k
2019 → 2025
Total assets
€238k▼ 23.8%
2024 · €313k
2019: €316k
2020: €296k
2021: €317k
2022: €731k
2023: €386k
2024: €313k
2019 → 2025
Net result
€-30k▲ 36.1%
2024 · €-47k
2019: €8k
2020: €13k
2021: €10k
2022: €43k
2023: €-37k
2024: €-47k
2019 → 2025
Working capital
€-21k
2024 · €8k
2019: €-4k
2020: €9k
2021: €-10k
2022: €428k
2023: €-749
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€113k▲ 62.2%€76k▼ 32.8%€29k▼ 62.1%€-1k
Operating result€22k-€65k▲ 196%€-23k€-23k▲ 1.0%€-14k▲ 40.3%
Net result€10k-€43k▲ 347%€-37k€-47k▼ 27.1%€-30k▲ 36.1%
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 €14k in 2025 against €23k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€174k ▼ 10.9%
Current assets
€64k ▼ 45.3%
Key figures and ratios
EBITDA
€8k▼
2024 · €49k
Cash flow
€-9k▼
2024 · €25k
Solvency
-0.6%▼
2024 · 9.2%
Current ratio
0.75▼
2024 · 1.07
Quick ratio
0.52▼
2024 · 0.89
ROA
-12.6%▲
2024 · -15.0%
Interest coverage
0.46▼
2024 · 2.02
Debt
€239k▼
2024 · €284k
Debt ≤ 1 year
€85k▼
2024 · €110k
Debt > 1 year
€153k▼
2024 · €172k
Income taxes
€350▼
2024 · €354
A ratio outside any meaningful range has been withheld (balance sheet total €238k, equity €-1k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€313k€238k▼
Fixed assets21/28€195k€174k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€190k€171k▼
Land and buildings22€177k€164k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€10k€6k▼
Other tangible fixed assets26€249€0▼
Current assets29/58€117k€64k▼
Stocks and contracts in progress3€20k€19k▼
Stocks30/36€20k€19k▼
Amounts receivable within one year40/41€62k€39k▼
Trade receivables40€27k€23k▼
Other amounts receivable41€36k€16k▼
Cash at bank and in hand54/58€27k€2k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€313k€238k▼
Equity10/15€29k€-1k▼
Contributions10/11€19k€19k=
Reserves13€2k€0▼
Distributable reserves133€2k€0▼
Profit (loss) carried forward14€8k€-20k▼
Amounts payable17/49€284k€239k▼
Amounts payable after more than one year17€172k€153k▼
Financial debts170/4€172k€153k▼
Amounts payable within one year42/48€110k€85k▼
Current portion of amounts payable after more than one year42€19k€19k▼
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€48k€41k▼
Suppliers440/4€48k€41k▼
Taxes, remuneration and social security45€43k€18k▼
Taxes450/3€43k€15k▼
Remuneration and social security454/9-€3k
Accrued charges and deferred income492/3€2k€506▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€21k▼
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€0€2k▲
Gross operating margin9900€55k€13k▼
Operating profit (loss)9901€-23k€-14k▲
Financial income75/76B€692€503▼
Recurring financial income75€692€503▼
Financial charges65/66B€24k€16k▼
Recurring financial charges65€24k€16k▼
Profit (loss) for the period before taxes9903€-47k€-30k▲
Income taxes67/77€354€350▼
Profit (loss) for the period9904€-47k€-30k▲
Profit (loss) for the period to be appropriated9905€-47k€-30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-22k▼
Profit (loss) brought forward from the previous period14P€55k€8k▼
Transfer from equity791/2-€2k
The notes to these accounts (11 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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 234 days late
31-03
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 311 days late
31-03
Financial
Highest result since 2019net €43k ▲347%
Operating result €65k, net result €43k, both a record.
31-03
Financial
Liquidity times 14current ratio 11.60
Current ratio from 0.83 to 11.60; short-term debt falls from €58k to €40k.
31-03
Financial
Equity above €100kEq €113k ▲62.2%
4 profitable years in a row build equity to €113k.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 219 days late
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2016
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.
Gasdam(BEV) 119120 Beveren-Kruibeke-ZwijndrechtGround area
920 m²
Building footprint
231 m²
Volume, LiDAR
1,260 m³
Parcel 46502D1096/00X002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Seconex
since 20162.251.892.315
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46502D1096/00X002 | Flanders | 920 m² | 1 · 231 m² | 7.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,010 EUR awarded · 1,010 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 110 EUR | 110 EUR |
| 2022 | 1 | 900 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,958 companies in sector 47120 we hold annual accounts for 2,190. 1,452 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2016
Fiscal year end31-03
Activities, NACEBEL 2025
47120Other non-specialised retail sale
43211General electrical installation work
70200Business and other management consultancy
74999Other professional, scientific and technical activities
80090Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.