SECURE NETWORK
ActiveSummary
SECURE NETWORK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332k and a net result of €300k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+26
Solvency54▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.68 in 2024; short-term debt: 70.6% and cash: 56.7% of total assets), and 70.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
29.4%
Return on assets
26.6%
Age of the figures
9 mo
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
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
69 d late
2022
82 d late
2021
76 d late
2020
213 d late
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€332k▼ 43.5%
2024 · €588k
2018: €1.01M
2019: €1.23M
2020: €1.27M
2021: €1.33M
2022: €1.41M
2023: €1.20M
2024: €588k
2018 → 2025
Total assets
€1.13M▼ 29.1%
2024 · €1.59M
2018: €1.16M
2019: €1.23M
2020: €1.32M
2021: €1.49M
2022: €1.63M
2023: €1.59M
2024: €1.59M
2018 → 2025
Net result
€300k▲ 330%
2024 · €70k
2018: €366k
2019: €220k
2020: €45k
2021: €55k
2022: €79k
2023: €37k
2024: €70k
2018 → 2025
Working capital
€-91k▲ 71.9%
2024 · €-326k
2018: €992k
2019: €1.22M
2020: €1.26M
2021: €1.32M
2022: €317k
2023: €103k
2024: €-326k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.33M-€1.41M▲ 6.0%€1.20M▼ 15.1%€588k▼ 50.9%€332k▼ 43.5%
Operating result€111k-€118k▲ 6.1%€60k▼ 48.7%€94k▲ 55.3%€415k▲ 343%
Net result€55k-€79k▲ 43.3%€37k▼ 52.9%€70k▲ 87.5%€300k▲ 330%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 343% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€424k ▼ 53.6%
Current assets
€705k ▲ 3.9%
Equity and liabilities €1.13M
Equity
€332k ▼ 43.5%
Debt
€796k ▼ 20.7%
Debt's share of the balance-sheet total rises from 63.1% to 70.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€423k▲
2024 · €101k
Cash flow
€308k▲
2024 · €77k
Current ratio
0.89▲
2024 · 0.68
Debt to equity
2.40▲
2024 · 1.71
ROE
90.4%▲
2024 · 11.9%
ROA
26.6%▲
2024 · 4.4%
Interest coverage
1027.39▲
2024 · 405.63
Debt ≤ 1 year
€796k▼
2024 · €1.00M
Income taxes
€115k▲
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.59M€1.13M▼
Fixed assets21/28€913k€424k▼
Tangible fixed assets22/27€15k€17k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€10k€15k▲
Other tangible fixed assets26€950-
Financial fixed assets28€898k€406k▼
Current assets29/58€679k€705k▲
Amounts receivable within one year40/41€150k€64k▼
Trade receivables40€87k€53k▼
Other amounts receivable41€64k€11k▼
Cash at bank and in hand54/58€527k€640k▲
Deferred charges and accrued income490/1€970€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.13M▼
Equity10/15€588k€332k▼
Contributions10/11€19k€19k=
Reserves13€149k€149k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€147k€147k=
Profit (loss) carried forward14€420k€164k▼
Amounts payable17/49€1.00M€796k▼
Amounts payable within one year42/48€1.00M€796k▼
Financial debts43€10€16▲
Credit institutions430/8€10€16▲
Trade debts44€325k€245k▼
Suppliers440/4€325k€245k▼
Taxes, remuneration and social security45€49k€49k=
Taxes450/3€49k€49k=
Other amounts payable47/48€629k€502k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€118€120▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€101k€427k▲
Operating profit (loss)9901€94k€415k▲
Financial income75/76B€9k€24▼
Recurring financial income75€9k€24▼
Financial charges65/66B€248€412▲
Recurring financial charges65€248€412▲
Profit (loss) for the period before taxes9903€102k€415k▲
Income taxes67/77€32k€115k▲
Profit (loss) for the period9904€70k€300k▲
Profit (loss) for the period to be appropriated9905€70k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.02M€720k▼
Profit (loss) brought forward from the previous period14P€950k€420k▼
Transfer from equity791/2€79k-
Profit to be distributed694/7€679k€556k▼
Return on contributions (dividend)694€679k€556k▼
The notes to these accounts (12 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €37k ▼52.9%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 82 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 213 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
31-12
Financial
Liquidity times 78current ratio 606.75
Current ratio from 7.81 to 606.75; short-term debt falls from €146k to €2k.
01-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 123 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brecht · 1 establishment unit since 2008
Ground area
906 m²
Building footprint
189 m²
Volume, LiDAR
902 m³
Parcel 11042A0110/00L003, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SECURE NETWORK
since 20082.173.074.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0110/00L003 | Flanders | 906 m² | 1 · 189 m² | 6.8 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.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,053 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:bilal@securenetwork.be
Website:www.securenetwork.be