SECURE-IC
ActiveSummary
The computed 12-month bankruptcy probability of SECURE-IC is 11.9% (high). The 2024 annual accounts show equity of €203,245 and a net result of €159,008. Its solvency ranks better than 15% of 1,117 sector peers (NACE 71, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-10-2022 Normal situation
- Legal form
- Private limited company
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2024
- Establishment unit
- 2.336.905.885 since 13-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-0001
Board and ownership
- Ahalya Sriskandarajah HildrethDirector
- Amanda Jane ElliffeDirector
- Steven Kenneth NelsonDirector
- SECURE-IC S.A.S.50,000 sharesact of 17-10-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 11.9%
- Gross margin
- €667,251
- ▲ 35.8%
- Turnover
- ≈ €1.7m
- estimated
- Profit
- €159,008
- Equity
- €203,245
- ▲ 359%
- Total assets
- €2.6m
- ▲ 34.9%
- Employees on 31-12-2024
- 2
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 14-10-2025)Liquidity: current ratio 0.74, cash €4,403, halvedEx-officio strike-off in the KBOlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 14% of them on solvency, 1% on liquidity, 42% on profitability and 98% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 25 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Financials
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 10-10-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2024 is nearly 38 times that of 2023.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 2 |
| full-time | 2 |
| in full-time equivalents | 2 |
| Average over the year, in full-time equivalents | 2.5 |
| On a permanent contract | 2 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Intangible fixed assets | €968,072 | - |
| Financial fixed assets | €59,960 | - |
| Depreciation and write-downs of the year | €71,293 | €64,570 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
| 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 | ▲ 38× |
| 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 | ▲ 91× |
| Income taxes67/77 | €8,051 | €48,178 | ▲ 498% |
| Profit (loss) for the period9904 | -€5,763 | €159,008 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,763 | €159,008 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.9m | €2.6m | ▲ 34.9% |
| Fixed assets21/28 | €1.0m | €0.8m | ▼ 13.0% |
| Intangible fixed assets21 | €0.9m | €0.8m | ▼ 7.2% |
| Financial fixed assets28 | €0.06m | €50 | ▼ 99.9% |
| Current assets29/58 | €1.0m | €1.8m | ▲ 82.0% |
| Amounts receivable within one year40/41 | €0.9m | €1.8m | ▲ 92.4% |
| Trade receivables40 | €0.9m | €1.8m | ▲ 98.6% |
| Other amounts receivable41 | €0.03m | €0.002m | ▼ 94.3% |
| Cash at bank and in hand54/58 | €0.06m | €0.004m | ▼ 92.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.9m | €2.6m | ▲ 34.9% |
| Equity10/15 | €0.04m | €0.2m | ▲ 359% |
| Contributions10/11 | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | -€0.006m | €0.2m | - |
| Amounts payable17/49 | €1.9m | €2.4m | ▲ 27.2% |
| Amounts payable within one year42/48 | €1.9m | €2.4m | ▲ 27.2% |
| Trade debts44 | €0.3m | €0.2m | ▼ 33.2% |
| Suppliers440/4 | €0.3m | €0.2m | ▼ 33.2% |
| Taxes, remuneration and social security45 | €0.07m | €0.07m | ▼ 3.8% |
| Taxes450/3 | €0.009m | €0.06m | ▲ 526% |
| Remuneration and social security454/9 | €0.06m | €0.01m | ▼ 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 | - |
| + 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,157 companies had the same profile as SECURE-IC has now. Two years later, 94.1% were still going and 3.0% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SECURE-IC itself is higher: 11.9% within 12 months. It rests on far more data about SECURE-IC than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for SECURE-IC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- SECURE-IC S.A.S. (BE 0791.600.469) 50,000 shares (100%) · in cash
Capital transactions
- 17-10-2022 Incorporation · €50,000 · 50,000 shares
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Ahalya Sriskandarajah Hildreth |
|
| Amanda Jane Elliffe |
|
| Steven Kenneth Nelson |
|
| Hassan Triqui |
|
Network & group
SECURE-IC shares no director with another company.
Connections & network
3 current directorsThe network starts from the directors of SECURE-IC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
23-03
Gazette deed
Registered office moved from Charleroi to Watermaal-BosvoordeNew seat: Chaussée de La Hulpe 187-189, 1170 Watermael-Boitsfort, Belgique · Previous seat: Quai Arthur Rimbaud 6/2.01, 6000 Charleroi · Resignation: Hassan Triqui (director)6 points ▸
- Director resignation, Hassan Triqui (director)
- Director appointment, Amanda Jane Elliffe (director)
- Director appointment, Steven Kenneth Nelson (director)
- Director appointment, Ahalya Sriskandarajah Hildreth (director)
- Board meeting, 17-12-2025
- Registered-office move, Chaussée de La Hulpe 187-189, 1170 Watermael-Boitsfort, Belgique
- The act holds 1 more point.
05-08
Gazette deed
Registered office moved from Mont-Saint-Guibert to CharleroiNew seat: Quai Arthur Rimbaud 6, bte 2.01 6000 Charleroi · Previous seat: Rue Emile Francqui 11 à 1435 Mont-Saint-Guibert2 points ▸
- Board meeting, 16-07-2024
- Registered-office move, Quai Arthur Rimbaud 6, bte 2.01 6000 Charleroi
17-10
Gazette deed
IncorporationStarting capital €50,000 · Appointment: TRIQUI Hassan Reda (director) · Founding capital €50,000, 50,000 shares · 50,000 shares4 points ▸
- Incorporation, 12-10-2022
- Founding capital, €50,000, 50,000 shares
- 50,000 shares
- Director appointment, TRIQUI Hassan Reda (director (not named in the articles))
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
SECURE-IC was incorporated on 13 October 2022 as a private limited company by SECURE-IC S.A.S., with a starting capital of €50,000.12 The registered office moved to Charleroi in 2024 and to Watermael-Boitsfort in 2026.34 The company has filed 2 sets of annual accounts, the latest for financial year 2024.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Quai Arthur Rimbaud 6/2.01, 6000 Charleroi until the act of 23-03-2026
- Rue Emile Francqui 11, 1435 Mont-Saint-Guibert until 16-07-2024 · act of 05-08-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21652E0051/00S002 | Brussels | 9,553 m² | 1 · 1,129 m² | 25.2 m · 6 |