SECUGO
Open bankruptcyA bankruptcy procedure is open for SECUGO according to publications in the Belgian State Gazette; curator: ALAIN G. VANDAMME.
Summary
The 2020 annual accounts show equity of €484,546 and a net result of -€17,473.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 14 February 2022
- Supervising judge
- RéGIS Van Caillie
- Official Gazette
- 21-02-2022 (pdf) ↗search the document for 2022/105944
Curator
- Alain G. VandammeBoulevard Brand Whit- Lock 106, 1200 Bruxelles 20alain.vandamme@law-vovan.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 13-10-2021, 74 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
74 d late
2019
465 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 270 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Computer programming sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€17,473▲ 81.2%
2019 · -€92,875
Working capital
-€68,877▼ 16.3%
2019 · -€59,238
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€167,810--€92,663▲ 44.8%-€17,384▲ 81.2%
Net result-€169,752--€92,875▲ 45.3%-€17,473▲ 81.2%
Equity€170,881-€502,020▲ 194%€484,546▼ 3.5%
Total assets€959,338-€791,478▼ 17.5%€755,834▼ 4.5%
Debt€788,456-€289,458▼ 63.3%€271,288▼ 6.3%
Working capital-€385,215--€59,238▲ 84.6%-€68,877▼ 16.3%
Why a figure moved sharply
- 2019 Equity +194% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17,384 in 2020 against €92,663 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €755,834
Fixed assets
€753,423 ▼ 1.0%
Current assets
€2,411 ▼ 92.0%
Equity and liabilities €755,834
Equity
€484,546 ▼ 3.5%
Debt
€271,288 ▼ 6.3%
Debt's share of the balance-sheet total falls from 36.6% to 35.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€9,549▲
2019 · -€82,724
Cash flow
-€9,638▲
2019 · -€82,936
Current ratio
0.03▼
2019 · 0.34
Debt to equity
0.41▲
2019 · 0.40
ROE
-3.6%▲
2019 · -18.5%
ROA
-2.3%▲
2019 · -11.7%
Debt ≤ 1 year
€71,288▼
2019 · €89,458
Debt > 1 year
€200,000=
2019 · €200,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,388 | €9,939 | €7,835 | ▼ 21.2% |
| Gross operating margin9900 | -€129,424 | -€81,782 | -€9,296 | ▲ 88.6% |
| Operating profit (loss)9901 | -€167,810 | -€92,663 | -€17,384 | ▲ 81.2% |
| Recurring financial income75 | €1,887 | - | - | - |
| Recurring financial charges65 | €3,828 | €212 | €90 | ▼ 57.7% |
| Profit (loss) for the period before taxes9903 | -€169,752 | -€92,875 | -€17,473 | ▲ 81.2% |
| Profit (loss) for the period9904 | -€169,752 | -€92,875 | -€17,473 | ▲ 81.2% |
| Profit (loss) for the period to be appropriated9905 | -€169,752 | -€92,875 | -€17,473 | ▲ 81.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €959,338 | €791,478 | €755,834 | ▼ 4.5% |
| Fixed assets21/28 | €771,197 | €761,258 | €753,423 | ▼ 1.0% |
| Intangible fixed assets21 | €23,407 | €16,202 | €8,367 | ▼ 48.4% |
| Tangible fixed assets22/27 | €747,790 | €745,056 | €745,056 | = |
| Current assets29/58 | €188,141 | €30,220 | €2,411 | ▼ 92.0% |
| Amounts receivable within one year40/41 | €67,590 | €2,137 | €2,411 | ▲ 12.8% |
| Current investments50/53 | €0 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €119,892 | €28,083 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €959,338 | €791,478 | €755,834 | ▼ 4.5% |
| Equity10/15 | €170,881 | €502,020 | €484,546 | ▼ 3.5% |
| Contributions10/11 | €701,310 | €1.1m | €1.1m | = |
| Profit (loss) carried forward14 | -€530,429 | -€623,303 | -€640,777 | ▼ 2.8% |
| Amounts payable17/49 | €788,456 | €289,458 | €271,288 | ▼ 6.3% |
| Amounts payable after more than one year17 | €200,000 | €200,000 | €200,000 | = |
| Amounts payable within one year42/48 | €573,355 | €89,458 | €71,288 | ▼ 20.3% |
| Trade debts44 | €158,923 | €12,174 | €1,837 | ▼ 84.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€169,752 | -€92,875 | -€17,473 | ▲ 81.2% |
| + Depreciation and write-downs630 | €9,388 | €9,939 | €7,835 | ▼ 21.2% |
| Operating cash flow (approximation) | -€160,364 | -€82,936 | -€9,638 | ▲ 88.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€91,809 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
21-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 14-02-2022
2021
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 465 days late
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 74 days late
2019
31-12
Financial
Equity above €500,000Eq €502,020 ▲194%
Equity rises from €170,881 to €502,020.
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 113 days late
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
27-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
09-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
22-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
25-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Vorst · 1 establishment unit since 2011
Ground area
2,633 m²
Building footprint
433 m²
Volume, LiDAR
2,723 m³
Parcel 21382C0034/00S006, Brussels · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude Vijversstraat 55-57, 1190 Vorst
since 20112.199.779.856
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0034/00S006 | Brussels | 2,633 m² | 1 · 433 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN G. VANDAMME BOULEVARD BRAND WHIT-
LOCK 106, 1200 BRUXELLES 20 |
14-02-2022 → present |
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 5,521 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.