SECURATOR
Bankruptcy closedSummary
SECURATOR was declared bankrupt on 01-10-2019 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 13-11-2025, published in the Belgian State Gazette on 20-11-2025. The 2016 annual accounts show negative equity (-€30,068) and a net result of -€1,783.
Signals
Two 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 31-12-2016 was due by 31-07-2017 and was filed on 19-10-2017, 80 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2016, full schema
Turnover
€1,210▼ 69.8%
2012 · €4,000
EBIT margin
40.0%▲ 55.0pp
2012 · -15.0%
Net result
-€1,783▲ 91.5%
2015 · -€20,993
Working capital
-€158,485▲ 5.5%
2015 · -€167,688
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
Line20122013201420152016
Turnover€4,000-€1,210▼ 69.8%
Operating result-€598-€484-€21,428-€20,888▲ 2.5%-€1,783▲ 91.5%
Net result-€614-€484-€21,473-€20,993▲ 2.2%-€1,783▲ 91.5%
EBIT margin-15.0%-40.0%▲ 55.0pp
Equity€13,698-€14,182▲ 3.5%-€7,291-€28,284▼ 288%-€30,068▼ 6.3%
Total assets€14,234-€14,719▲ 3.4%€166,060▲ 1,028%€222,188▲ 33.8%€220,404▼ 0.8%
Debt€536-€537▲ 0.2%€173,351▲ 32,181%€250,472▲ 44.5%€250,472=
Working capital€11,334-€12,197▲ 7.6%-€154,523-€167,688▼ 8.5%-€158,485▲ 5.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,783 in 2016 against €20,888 in 2015; the loss shrinks.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €220,404
Fixed assets
€128,417 ▼ 7.9%
Current assets
€91,987 ▲ 11.1%
Key figures and ratios
EBITDA
€9,203▲
2015 · -€9,902
Cash flow
€9,203▲
2015 · -€10,007
Solvency
-13.6%▼
2015 · -12.7%
Current ratio
0.37▲
2015 · 0.33
ROA
-0.8%▲
2015 · -9.4%
Debt ≤ 1 year
€250,472=
2015 · €250,472
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,000 | €1,210 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €378 | €379 | €5,177 | €10,986 | €10,986 | = |
| Gross operating margin9900 | -€20 | €863 | -€16,251 | -€8,991 | €9,203 | ▲ 202% |
| Operating profit (loss)9901 | -€598 | €484 | -€21,428 | -€20,888 | -€1,783 | ▲ 91.5% |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Recurring financial charges65 | €16 | - | €32 | €105 | - | - |
| Profit (loss) for the period before taxes9903 | -€614 | €484 | -€21,459 | -€20,993 | -€1,783 | ▲ 91.5% |
| Income taxes67/77 | - | - | €14 | - | - | - |
| Profit (loss) for the period9904 | -€614 | €484 | -€21,473 | -€20,993 | -€1,783 | ▲ 91.5% |
| Profit (loss) for the period to be appropriated9905 | -€614 | €484 | -€21,473 | -€20,993 | -€1,783 | ▲ 91.5% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,234 | €14,719 | €166,060 | €222,188 | €220,404 | ▼ 0.8% |
| Fixed assets21/28 | €2,364 | €1,985 | €147,232 | €139,404 | €128,417 | ▼ 7.9% |
| Intangible fixed assets21 | - | - | - | €93,123 | €88,193 | ▼ 5.3% |
| Tangible fixed assets22/27 | €2,364 | €1,985 | €147,232 | €46,281 | €40,224 | ▼ 13.1% |
| Current assets29/58 | €11,870 | €12,734 | €18,828 | €82,784 | €91,987 | ▲ 11.1% |
| Amounts receivable within one year40/41 | €196 | €11,591 | €6,880 | €82,777 | €91,980 | ▲ 11.1% |
| Cash at bank and in hand54/58 | €11,674 | €1,143 | €11,948 | €7 | €7 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,234 | €14,719 | €166,060 | €222,188 | €220,404 | ▼ 0.8% |
| Equity10/15 | €13,698 | €14,182 | -€7,291 | -€28,284 | -€30,068 | ▼ 6.3% |
| Contributions10/11 | €12,800 | €12,800 | €12,800 | €12,800 | €12,800 | = |
| Profit (loss) carried forward14 | €898 | €1,382 | -€20,091 | -€41,084 | -€42,868 | ▼ 4.3% |
| Amounts payable17/49 | €536 | €537 | €173,351 | €250,472 | €250,472 | = |
| Amounts payable within one year42/48 | €536 | €537 | €173,351 | €250,472 | €250,472 | = |
| Trade debts44 | - | - | €19,662 | €33,841 | €33,841 | = |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€614 | €484 | -€21,473 | -€20,993 | -€1,783 | ▲ 91.5% |
| + Depreciation and write-downs630 | €378 | €379 | €5,177 | €10,986 | €10,986 | = |
| Operating cash flow (approximation) | -€236 | €863 | -€16,296 | -€10,007 | €9,203 | ▲ 192% |
| Investment in fixed assets (approximation) | - | €0 | -€150,424 | -€3,158 | €0 | ▲ 100% |
| Change in cash | - | -€10,531 | €10,805 | -€11,941 | €0 | ▲ 100% |
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
2025
20-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 13-11-2025
2019
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 01-10-2019
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 80 days late
19-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 445 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-12
Financial
Weakest financial yearnet -€21,473
Net result drops to -€21,473, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
31-12
Financial
Back to profitnet €484
Net result €484 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
28-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Sint-Pieters-Woluwe
Ground area
277 m²
Building footprint
179 m²
Volume, LiDAR
1,425 m³
Parcel 21683D0177/00K004, Brussels · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0177/00K004 | Brussels | 277 m² | 1 · 179 m² | 11.0 m · 3 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | BVBA STOKKELSESTEENWEG 309 1150 SINT-PIETERS-WOLUWE.
Geopend op 1 oktober 2019.
Referentie: 20190637.
Datum vonnis: 13 november 2025.
Ondernemingsnummer: 0834.369.353
Aangeduide vereffenaar(s): |
13-11-2025 → 13-11-2025 |
| Curator | BVBA STOKKEL-
SESTEENWEG 309 1150 SINT-PIETERS-WOLUWE.
Handelsactiviteit: ADVIESBUREAU
Handelsbenaming: BVBA
Ondernemingsnummer: 0834.369.353
Referentie: 20190637.
Datum faillissement: 1 oktober 2019.
Rechter Commissaris: JOHAN CAMP.
Curator: GUNTHER PEETERS, KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
01-10-2019 → 13-11-2025 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-03-2011
Fiscal year end31-12
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.