SECOTINE
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €120,000 and €180,000.
Balance sheet
balance sheet total €422,714 on 31-12-2025in euro
in euro
Position in the sector
78.9%
Higher than 77% of 8,615 companies in 2025.
1.85
Higher than 47% of 8,291 companies in 2025.
6.4%
Higher than 42% of 8,400 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
422,714 | 393,604 | 404,597 | 400,292 | 386,802 | 403,615 | 441,433 | 436,447 | 475,459 | 511,865 | 455,022 | 426,928 | 433,875 | 315,176 | 97,677 | 55,642 | |
21/28 |
257,688 | 277,022 | 287,001 | 251,269 | 259,940 | 278,421 | 292,085 | 298,123 | 320,742 | 341,533 | 367,336 | 355,970 | 371,096 | 215,925 | 4,913 | 7,009 | |
21 |
- | 0 | 1,892 | 1,892 | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
257,688 | 277,022 | 285,109 | 249,377 | 259,940 | 278,421 | 292,085 | 298,123 | 320,742 | 341,533 | 367,336 | 355,970 | 371,096 | 215,925 | 4,913 | 7,009 | |
22 |
222,112 | 231,934 | 243,488 | 242,108 | 253,479 | 268,408 | 283,336 | 288,296 | 302,008 | 311,446 | 324,731 | 338,015 | 346,810 | 213,414 | - | - | |
23 |
2,095 | 653 | 947 | 327 | 766 | 1,472 | 963 | 1,444 | 2,155 | 1,739 | 3,248 | 4,757 | 5,119 | - | - | - | |
24 |
33,482 | 44,435 | 40,674 | 6,942 | 5,694 | 8,541 | 7,786 | 8,383 | 16,580 | 28,348 | 39,357 | 13,198 | 19,167 | 2,511 | 4,913 | 7,009 | |
29/58 |
165,025 | 116,583 | 117,595 | 149,023 | 126,862 | 125,194 | 149,348 | 138,324 | 154,717 | 170,332 | 87,686 | 70,957 | 62,780 | 99,251 | 92,765 | 48,633 | |
40/41 |
- | 1,772 | 9,772 | - | 1,495 | 3,777 | - | 2,814 | 13,812 | 3,105 | 3,814 | 610 | 1,384 | 12,977 | 1,494 | 9,091 | |
40 |
- | - | 8,000 | - | 750 | - | - | - | 13,205 | 2,001 | - | - | - | 12,976 | - | - | |
41 |
- | 1,772 | 1,772 | - | 745 | 3,777 | - | 2,814 | 607 | 1,104 | 3,814 | 610 | 1,384 | 1 | 1,494 | 9,091 | |
54/58 |
163,845 | 113,715 | 107,385 | 148,646 | 125,000 | 121,058 | 148,405 | 134,936 | 140,905 | 167,227 | 83,872 | 70,347 | 61,396 | 86,274 | 91,271 | 39,542 | |
490/1 |
1,180 | 1,095 | 438 | 377 | 367 | 360 | 943 | 573 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
422,714 | 393,604 | 404,597 | 400,292 | 386,802 | 403,615 | 441,433 | 436,447 | 475,459 | 511,865 | 455,022 | 426,928 | 433,875 | 315,176 | 97,677 | 55,642 | |
10/15 |
333,525 | 306,595 | 285,373 | 272,878 | 260,693 | 239,979 | 226,153 | 194,069 | 199,515 | 176,907 | 114,400 | 108,056 | 44,891 | 75,175 | 64,052 | 34,314 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 56,593 | 56,593 | 56,593 | 56,593 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 68,993 | 68,993 | 68,993 | 68,993 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
327,325 | 300,395 | 279,173 | 266,678 | 254,493 | 233,779 | 219,953 | 187,869 | 142,922 | 120,314 | 57,807 | 14,631 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
5,659 | 5,659 | 5,659 | 5,659 | 5,659 | 5,659 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 5,659 | 5,659 | 5,659 | 5,659 | 5,659 | 5,659 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
5,659 | 5,659 | 5,659 | 5,659 | 5,659 | 5,659 | - | - | - | - | - | - | - | - | - | - | |
133 |
321,665 | 294,736 | 273,514 | 261,019 | 248,833 | 228,120 | 214,294 | 182,210 | 137,263 | 114,655 | 52,148 | 8,972 | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | 0 | 36,831 | 36,831 | 67,115 | 55,992 | 26,254 | |
17/49 |
89,189 | 87,009 | 119,224 | 127,414 | 126,109 | 163,636 | 215,280 | 242,378 | 275,944 | 334,957 | 340,622 | 318,872 | 388,984 | 240,000 | 33,625 | 21,328 | |
17 |
- | - | - | - | 8,333 | 33,333 | 58,333 | 90,958 | 123,399 | 155,658 | 187,742 | 183,333 | 208,333 | 122,192 | - | - | |
170/4 |
- | - | - | - | 8,333 | 33,333 | 58,333 | 90,958 | 123,399 | 155,658 | 187,742 | 183,333 | 208,333 | 122,192 | - | - | |
42/48 |
89,189 | 87,009 | 119,224 | 127,414 | 117,776 | 130,304 | 156,947 | 151,419 | 152,545 | 179,299 | 152,880 | 135,539 | 180,651 | 117,808 | 33,625 | 19,728 | |
42 |
- | - | - | 8,333 | 25,000 | 25,000 | 32,626 | 32,440 | 32,260 | 32,083 | 31,911 | 25,000 | 25,000 | - | - | - | |
43 |
2,221 | 2,507 | 3,173 | 1,621 | 536 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
2,221 | 2,507 | 3,173 | 1,621 | 536 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
3,417 | 7,309 | 3,203 | 3,733 | 6,983 | 1,857 | 1,679 | 6,001 | 15,635 | 3,812 | 6,395 | 719 | 1,157 | 14,745 | 618 | 609 | |
440/4 |
3,417 | 7,309 | 3,203 | 3,733 | 6,983 | 1,857 | 1,679 | 6,001 | 15,635 | 3,812 | 6,395 | 719 | 1,157 | 14,745 | 618 | 609 | |
46 |
- | - | 9,680 | - | - | - | - | - | - | 2,211 | 2,211 | - | - | - | - | - | |
45 |
12,914 | 9,535 | 13,248 | 23,019 | 1,211 | 4,481 | 16,803 | 12,072 | 7,897 | 31,659 | 1,100 | 3,828 | 3,828 | 6,494 | 33,007 | 19,118 | |
450/3 |
12,914 | 9,535 | 11,248 | 23,019 | 1,211 | 4,481 | 16,803 | 12,072 | 7,897 | 31,659 | 1,100 | 3,828 | 3,828 | 6,494 | 33,007 | 19,118 | |
454/9 |
- | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
70,636 | 67,659 | 89,919 | 90,708 | 84,046 | 98,965 | 105,840 | 100,907 | 96,753 | 109,534 | 111,264 | 105,992 | 150,665 | 96,569 | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 1,600 | |
| Income statement | |||||||||||||||||
9900 |
63,839 | 55,247 | 50,107 | 39,657 | 54,786 | 43,967 | 77,557 | 93,428 | 71,902 | 136,087 | 52,051 | 49,465 | 63,971 | 25,690 | 46,027 | 47,256 | |
630 |
23,238 | 22,947 | 24,552 | 18,205 | 18,482 | 18,208 | 25,965 | 22,619 | 27,471 | 26,735 | 28,686 | 20,762 | 21,005 | 8,102 | 3,092 | 1,928 | |
640/8 |
3,055 | 2,533 | 4,843 | 2,684 | 2,633 | 2,675 | 2,529 | 2,486 | 2,493 | 2,869 | 2,317 | 2,310 | 749 | 744 | 733 | 721 | |
9901 |
37,545 | 29,767 | 20,711 | 18,768 | 33,671 | 23,084 | 49,064 | 68,323 | 41,939 | 106,483 | 21,048 | 26,393 | 42,217 | 16,845 | 42,202 | 44,606 | |
75/76B |
1,060 | 993 | 231 | - | - | 0 | - | 26 | 146 | 480 | 891 | 421 | 879 | 716 | 551 | 265 | |
75 |
1,060 | 993 | 231 | - | - | 0 | - | 26 | 146 | 480 | 891 | 421 | 879 | 716 | 551 | 265 | |
65/66B |
310 | 240 | 151 | 813 | 1,766 | 2,795 | 3,662 | 4,724 | 5,655 | 6,825 | 6,665 | 7,482 | 7,659 | 2,332 | 44 | 27 | |
65 |
310 | 240 | 151 | 813 | 1,766 | 2,795 | 3,662 | 4,724 | 5,655 | 6,825 | 6,665 | 7,482 | 7,659 | 2,332 | 44 | 27 | |
9903 |
38,295 | 30,520 | 20,792 | 17,956 | 31,905 | 20,289 | 45,402 | 63,625 | 36,430 | 100,138 | 15,273 | 19,331 | 35,437 | 15,229 | 42,708 | 44,844 | |
67/77 |
11,366 | 9,298 | 8,297 | 5,770 | 11,192 | 6,463 | 13,318 | 18,678 | 13,822 | 37,631 | 8,929 | 6,560 | 9,728 | 4,106 | 12,970 | 16,730 | |
9904 |
26,930 | 21,222 | 12,495 | 12,185 | 20,713 | 13,826 | 32,084 | 44,947 | 22,608 | 62,507 | 6,344 | 12,771 | 25,708 | 11,123 | 29,738 | 28,114 | |
9905 |
26,930 | 21,222 | 12,495 | 12,185 | 20,713 | 13,826 | 32,084 | 44,947 | 22,608 | 62,507 | 6,344 | 12,771 | 25,708 | 11,123 | 29,738 | 28,114 | |
| Appropriation of the result | |||||||||||||||||
9906 |
26,930 | 21,222 | 12,495 | 12,185 | 20,713 | 13,826 | 32,084 | 44,947 | 22,608 | 62,507 | 43,176 | 49,603 | 92,824 | 67,115 | 55,992 | 28,114 | |
691/2 |
26,930 | 21,222 | 12,495 | 12,185 | 20,713 | 13,826 | 32,084 | 44,947 | 22,608 | 62,507 | 43,176 | 12,771 | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 3,799 | - | - | - | 1,860 | |
6921 |
26,930 | 21,222 | 12,495 | 12,185 | 20,713 | 13,826 | 32,084 | 44,947 | 22,608 | 62,507 | 43,176 | 8,972 | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 55,992 | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 55,992 | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00381417 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00469878 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00441820 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00372251 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20348360 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-53500170 | |
| 31-12-2019 | micro format | 27-07-2020 | 2020-34900076 | |
| 31-12-2018 | micro format | 07-08-2019 | 2019-45600442 | |
| 31-12-2017 | micro format | 22-08-2018 | 2018-50800063 | |
| 31-12-2016 | micro format | 24-08-2017 | 2017-47700062 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38300244 | |
| 31-12-2014 | abbreviated format | 29-06-2015 | 2015-26500381 | |
| 31-12-2013 | abbreviated format | 31-08-2014 | 2014-52200432 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-56800475 | |
| 31-12-2011 | abbreviated format | 07-06-2012 | 2012-15500363 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-46800577 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60,783 | 52,714 | 45,264 | 36,973 | 52,153 | 41,292 | 75,029 | 90,943 | 69,409 | 133,217 | 49,734 | 47,156 | 63,222 | 24,946 | 45,293 | 46,535 | ||
| 50,168 | 44,169 | 37,047 | 30,390 | 39,195 | 32,034 | 58,049 | 67,567 | 50,079 | 89,242 | 35,030 | 33,534 | 46,713 | 19,225 | 32,830 | 30,043 | ||
| 3,905 | 12,968 | 60,284 | 9,535 | 0 | 4,544 | 19,927 | 0 | 6,680 | 932 | 40,051 | 5,637 | 176,176 | 219,114 | 995 | 8,938 | ||
| 50,130 | 6,330 | -41,261 | 23,646 | 3,942 | -27,347 | 13,469 | -5,968 | -26,322 | 83,354 | 13,525 | 8,951 | -24,878 | -4,997 | 51,729 | - | ||
| 75,836 | 29,573 | -1,628 | 21,609 | 9,086 | -5,109 | -7,599 | -13,095 | 2,172 | -8,967 | -65,194 | -64,582 | -117,871 | -18,557 | 59,140 | 28,905 | ||
| 78.9% | 77.9% | 70.5% | 68.2% | 67.4% | 59.5% | 51.2% | 44.5% | 42.0% | 34.6% | 25.1% | 25.3% | 10.3% | 23.9% | 65.6% | 61.7% | ||
| 1.85 | 1.34 | 0.99 | 1.17 | 1.08 | 0.96 | 0.95 | 0.91 | 1.01 | 0.95 | 0.57 | 0.52 | 0.35 | 0.84 | 2.76 | 2.47 | ||
| 0.27 | 0.28 | 0.42 | 0.47 | 0.48 | 0.68 | 0.95 | 1.25 | 1.38 | 1.89 | 2.98 | 2.95 | 8.66 | 3.19 | 0.52 | 0.62 | ||
| 8.1% | 6.9% | 4.4% | 4.5% | 7.9% | 5.8% | 14.2% | 23.2% | 11.3% | 35.3% | 5.5% | 11.8% | 57.3% | 14.8% | 46.4% | 81.9% | ||
| 6.4% | 5.4% | 3.1% | 3.0% | 5.4% | 3.4% | 7.3% | 10.3% | 4.8% | 12.2% | 1.4% | 3.0% | 5.9% | 3.5% | 30.4% | 50.5% | ||
| over 100 | over 100 | over 100 | 45.50 | 29.53 | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,905 | €12,968 | €60,284 | €7,643 | - |
| Intangible fixed assets | - | - | - | €1,892 | - |
| €23,238 | €22,947 | €24,552 | €18,205 | €18,482 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SECOTINE
The operating result for 2025 is 26% higher than in 2024 and the highest since 2019. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 22.1% to 21.1%. Equity and debt are higher.