SECULUX
ActiveSECULUX has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €264k. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 4812 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+23
Solvency45▼-32
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.88 in 2024), and 75.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.4%
Return on assets
4.4%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
6 d early
2023
30 d late
2022
59 d late
2021
19 d early
2020
2 d early
2019
21 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€264k▼ 10.5%
2024 · €295k
2018: €683k
2019: €542k
2020: €689k
2021: €787k
2022: €728k
2023: €375k
2024: €295k
2018 → 2025
Working capital
€1.43M▼ 38.7%
2024 · €2.33M
2018: €5.55M
2019: €6.16M
2020: €5.46M
2021: €4.61M
2022: €3.87M
2023: €3.14M
2024: €2.33M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.78M-€3.51M▼ 7.2%€2.89M▼ 17.8%€2.18M▼ 24.4%€1.44M▼ 33.8%
Operating result€916k-€859k▼ 6.2%€411k▼ 52.1%€365k▼ 11.3%€227k▼ 37.7%
Net result€787k-€728k▼ 7.4%€375k▼ 48.5%€295k▼ 21.5%€264k▼ 10.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 38% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.93M
Fixed assets
€1.00M▼ 0.2%
Current assets
€4.93M▼ 0.5%
Equity and liabilities €5.93M
Equity
€1.44M▼ 33.8%
Debt
€4.49M▲ 18.8%
The debt ratio rises from 63.4% to 75.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€257k▼
2024 · €402k
Cash flow
€294k▼
2024 · €332k
Solvency
24.4%▼
2024 · 36.6%
Current ratio
1.41▼
2024 · 1.88
Quick ratio
1.14▼
2024 · 1.48
Debt / equity
3.11▲
2024 · 1.73
ROE
18.2%▲
2024 · 13.5%
ROA
4.4%▼
2024 · 4.9%
Interest coverage
3.63▼
2024 · 4.47
Debt
€4.49M▲
2024 · €3.78M
Debt ≤ 1 year
€3.51M▲
2024 · €2.63M
Debt > 1 year
€982k▼
2024 · €1.12M
Income taxes
€65k▼
2024 · €81k
Staff costs
€815k▲
2024 · €704k
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€5.96M€5.93M▼
Fixed assets21/28€1.00M€1.00M▼
Intangible fixed assets21€1k-
Tangible fixed assets22/27€91k€91k▼
Land and buildings22€67k€64k▼
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€14k€19k▲
Financial fixed assets28€910k€910k=
Current assets29/58€4.95M€4.93M▼
Stocks and contracts in progress3€1.05M€921k▼
Stocks30/36€1.05M€921k▼
Amounts receivable within one year40/41€3.71M€3.74M▲
Trade receivables40€676k€824k▲
Other amounts receivable41€3.04M€2.91M▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€139k€248k▲
Deferred charges and accrued income490/1€48k€20k▼
Equity and liabilities
Total equity and liabilities10/49€5.96M€5.93M▼
Equity10/15€2.18M€1.44M▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€2.11M€1.37M▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€182k€182k=
Distributable reserves133€1.92M€1.18M▼
Amounts payable17/49€3.78M€4.49M▲
Amounts payable after more than one year17€1.12M€982k▼
Financial debts170/4€1.12M€982k▼
Amounts payable within one year42/48€2.63M€3.51M▲
Current portion of amounts payable after more than one year42€136k€140k▲
Financial debts43€685k€753k▲
Credit institutions430/8€685k€753k▲
Trade debts44€501k€960k▲
Suppliers440/4€501k€960k▲
Taxes, remuneration and social security45€232k€190k▼
Taxes450/3€125k€58k▼
Remuneration and social security454/9€107k€133k▲
Other amounts payable47/48€1.08M€1.46M▲
Accrued charges and deferred income492/3€25k-
Income statement
Code20242025
Non-recurring operating income76A€1k€14k▲
Remuneration, social security and pensions62€704k€815k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€30k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€86€-12k▼
Other operating charges640/8€9k€9k▼
Gross operating margin9900€1.11M€1.07M▼
Operating profit (loss)9901€365k€227k▼
Financial income75/76B€101k€173k▲
Recurring financial income75€101k€173k▲
Financial charges65/66B€90k€71k▼
Recurring financial charges65€90k€71k▼
Profit (loss) for the period before taxes9903€375k€329k▼
Income taxes67/77€81k€65k▼
Profit (loss) for the period9904€295k€264k▼
Profit (loss) for the period to be appropriated9905€295k€264k▼
Appropriation of the result
Profit (loss) to be appropriated9906€295k€264k▼
Transfer from equity791/2€705k€736k▲
Profit to be distributed694/7€1.00M€1.00M=
Return on contributions (dividend)694€900k€900k=
Directors or managers695€100k€100k=
Social balance
Average headcount (FTE)90879.410.4▲
The notes to these accounts (15 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €264k ▼10.5%
Net result drops to €264k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €787k ▲14.2%
Operating result €916k, net result €787k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Dilsen-Stokkem · 1 establishment unit since 1995
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.
Meerkensstraat 693650 Dilsen-StokkemGround area
4,192 m²
Building footprint
1,925 m²
Volume, LiDAR
9,024 m³
Parcel 73043B0285/00L003, Flanders · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SECULUX
since 19952.043.703.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043B0285/00L003 | Flanders | 4,192 m² | 1 · 1,925 m² | 5.9 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.
Similar companies · same sector, comparable size
Équipement, Machines et Appareils Spéciaux
BE 0451.030.697
Sint-Jans-Molenbeek · Eq €1.44M
ATL Service
BE 0472.692.381
Gent · Eq €1.44M
Somero Belgium
BE 0743.798.176
Kampenhout · Eq €1.46M
LIGHTPOINT
BE 0430.548.950
Oudenaarde · Eq €1.43M
E.A.V.
BE 0416.039.928
Gent · Eq €1.43M
Of 1,238 companies in sector 46643 we hold annual accounts for 945. 670 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-05-1989
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
46431Wholesale of electrical household appliances and audio-video equipment
47521Retail sale of hardware, building materials, paint and glass (general range)
47540Retail sale of electrical household appliances
52450
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.