SECURE-IC
ActiveSummary
SECURE-IC has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203,245 and a net result of €159,008. Its solvency ranks better than 15% of 1117 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+8
Solvency33▲+6
Growth78
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.52 in 2023; short-term debt: 92.2% and cash: 0.2% of total assets), and 92.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1117 sector peers (2024).
NBB · sector comparisonPosition among 1117 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
22 d early
← 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 25 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€159,008
2023 · -€5,763
Working capital
-€629,014▲ 31.1%
2023 · -€912,502
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
Line20232024
Operating result€5,636-€212,550▲ 3,671%
Net result-€5,763-€159,008
Equity€44,237-€203,245▲ 359%
Total assets€1.9m-€2.6m▲ 34.9%
Debt€1.9m-€2.4m▲ 27.2%
Working capital-€912,502--€629,014▲ 31.1%
Staff (FTE)2.5
Why a figure moved sharply
- 2024 Equity +359% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 3,671% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.6m
Fixed assets
€832,259 ▼ 13.0%
Current assets
€1.8m ▲ 82.0%
Equity and liabilities €2.6m
Equity
€203,245 ▲ 359%
Debt
€2.4m ▲ 27.2%
Debt's share of the balance-sheet total falls from 97.7% to 92.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€277,121▲
2023 · €76,929
Cash flow
€223,579▲
2023 · €65,530
Current ratio
0.74▲
2023 · 0.52
Debt to equity
11.80▼
2023 · 42.60
ROE
78.2%▲
2023 · -13.0%
ROA
6.1%▲
2023 · -0.3%
Interest coverage
50.86▲
2023 · 22.98
Debt ≤ 1 year
€2.4m▲
2023 · €1.9m
Income taxes
€48,178▲
2023 · €8,051
Staff costs
€389,777▼
2023 · €408,094
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,155 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €408,094 | €389,777 | ▼ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,293 | €64,570 | ▼ 9.4% |
| Other operating charges640/8 | €4,770 | €353 | ▼ 92.6% |
| Non-recurring operating charges66A | €1,392 | - | - |
| Gross operating margin9900 | €491,185 | €667,251 | ▲ 35.8% |
| Operating profit (loss)9901 | €5,636 | €212,550 | ▲ 3,671% |
| Financial income75/76B | - | €85 | - |
| Recurring financial income75 | - | €85 | - |
| Financial charges65/66B | €3,348 | €5,449 | ▲ 62.8% |
| Recurring financial charges65 | €3,348 | €5,449 | ▲ 62.8% |
| Profit (loss) for the period before taxes9903 | €2,288 | €207,187 | ▲ 8,955% |
| Income taxes67/77 | €8,051 | €48,178 | ▲ 498% |
| Profit (loss) for the period9904 | -€5,763 | €159,008 | ▲ 2,859% |
| Profit (loss) for the period to be appropriated9905 | -€5,763 | €159,008 | ▲ 2,859% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.9m | €2.6m | ▲ 34.9% |
| Fixed assets21/28 | €956,739 | €832,259 | ▼ 13.0% |
| Intangible fixed assets21 | €896,779 | €832,209 | ▼ 7.2% |
| Financial fixed assets28 | €59,960 | €50 | ▼ 99.9% |
| Current assets29/58 | €972,168 | €1.8m | ▲ 82.0% |
| Amounts receivable within one year40/41 | €916,949 | €1.8m | ▲ 92.4% |
| Trade receivables40 | €887,429 | €1.8m | ▲ 98.6% |
| Other amounts receivable41 | €29,520 | €1,685 | ▼ 94.3% |
| Cash at bank and in hand54/58 | €55,219 | €4,403 | ▼ 92.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.9m | €2.6m | ▲ 34.9% |
| Equity10/15 | €44,237 | €203,245 | ▲ 359% |
| Contributions10/11 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€5,763 | €153,245 | ▲ 2,759% |
| Amounts payable17/49 | €1.9m | €2.4m | ▲ 27.2% |
| Amounts payable within one year42/48 | €1.9m | €2.4m | ▲ 27.2% |
| Trade debts44 | €255,424 | €170,520 | ▼ 33.2% |
| Suppliers440/4 | €255,424 | €170,520 | ▼ 33.2% |
| Taxes, remuneration and social security45 | €73,952 | €71,113 | ▼ 3.8% |
| Taxes450/3 | €8,985 | €56,204 | ▲ 526% |
| Remuneration and social security454/9 | €64,967 | €14,909 | ▼ 77.1% |
| Other amounts payable47/48 | €1.6m | €2.2m | ▲ 38.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€5,763 | €159,008 | ▲ 2,859% |
| + Depreciation and write-downs630 | €71,293 | €64,570 | ▼ 9.4% |
| Operating cash flow (approximation) | €65,530 | €223,579 | ▲ 241% |
| Investment in fixed assets (approximation) | - | €59,910 | - |
| Change in cash | - | -€50,816 | - |
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
2026
23-03
State Gazette act
Resignation: Hassan Triqui (director)Appointments: Amanda Jane Elliffe, Steven Kenneth Nelson and Ahalya Sriskandarajah Hildreth · Mandate compensation · Registered-office move12 facts ▸
State Gazette act
Resignation: Hassan Triqui (director)
Appointments: Amanda Jane Elliffe, Steven Kenneth Nelson and Ahalya Sriskandarajah Hildreth · Mandate compensation · Registered-office move12 facts ▸
- General meeting, 15/12/2025
- Board meeting, 17/12/2025
- Director resignation, Hassan Triqui (director)
- Director appointment, Amanda Jane Elliffe (director)
- Director appointment, Steven Kenneth Nelson (director)
- Director appointment, Ahalya Sriskandarajah Hildreth (director)
- Mandate compensation, Amanda Jane Elliffe
- Mandate compensation, Steven Kenneth Nelson
- Mandate compensation, Ahalya Sriskandarajah Hildreth
- Registered-office move, Chaussée de La Hulpe 187-189, 1170 Watermael-Boitsfort, Belgique
- Power of attorney, directeur financier, trésorier, trésorier adjoint, directeur juridique de la société mère et chaque administrateur
- Power of attorney, directeur financier, trésorier et trésorier(s) adjoint(s) de la société mère
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 71 days late
2024
31-12
Financial
Back to profitnet €159,008
Net result €159,008 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €203,245 ▲359%
Equity rises from €44,237 to €203,245.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
under verification, last change in 2025
This board is reconstructed from a single act (26040725). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Ahalya Sriskandarajah Hildreth
CurrentDirector · since 17-12-2025
Amanda Jane Elliffe
CurrentDirector · since 17-12-2025
Steven Kenneth Nelson
CurrentDirector · since 17-12-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2022
Ground area
9,553 m²
Building footprint
1,129 m²
Volume, LiDAR
22,443 m³
Parcel 21652E0051/00S002, Brussels · tallest building 25.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20222.336.905.885
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0051/00S002 | Brussels | 9,553 m² | 1 · 1,129 m² | 25.2 m · 6 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.
Mandate history
4 people since 2025, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ahalya Sriskandarajah Hildreth |
|
| Amanda Jane Elliffe |
|
| Steven Kenneth Nelson |
|
| Hassan Triqui |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Similar companies · same sector, comparable size
TES-ENGINEERING
BE 0886.682.146
Pelt · Eq €203,132
Quandyga Engineering
BE 0654.846.901
Ottignies-Louvain-la-Neuve · Eq €203,612
MOCCO
BE 0656.917.751
Balen · Eq €202,753
MD AUTOMATION
BE 0797.016.930
Zwevegem · Eq €202,736
W.T.E.
BE 0844.151.903
Kortrijk · Eq €202,722
Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 5,110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0792422890
Registered
01-01-0001
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.