Skip to content

SECUREPASS

Active
Private limited companyfounded 2024active for 2 yearsRue Thiou 15, 4420 Saint-Nicolas, BelgiumKBO/BCE: BE 1012.307.440
Summary

The computed 12-month bankruptcy probability of SECUREPASS is 1.6% (moderate). The 2025 annual accounts show equity of €3,000 and a net result of €309,023. Its solvency ranks better than 15% of 1,168 sector peers (NACE 52, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€3,000▲ 786%
2024 · €339
Total assets
€845,530▲ 25,810%
2024 · €3,263
Net result
€309,023
2024 · -€2,661
Working capital
-€60,196
2024 · €339
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €410,935 after a loss of €2,653 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€410,935 2025 Net result€309,023 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 52, Warehousing and support activities for transportation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€2,653-€410,935
Net result-€2,661below the sector's middle half-€309,023above the sector's middle half
Equity€339below the sector's middle half-€3,000below the sector's middle half▲ 786%
Total assets€3,263below the sector's middle half-€845,530above the sector's middle half▲ 25,810%
Debt€2,925-€842,530▲ 28,708%
Working capital€339within the sector's middle half--€60,196below the sector's middle half
Solvency0.4%below the sector's middle half
Current ratio0.93within the sector's middle half
Return on assets (ROA)36.5%above the sector's middle half
above within below the middle half of NACE 52, Warehousing and support activities for transportation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €845,530
Fixed assets €63,294
Current assets €782,236
Equity and liabilities €845,530
Equity €3,000 ▲ 786%
Debt €842,530 ▲ 28,708%
Debt's share of the balance-sheet total rises from 89.6% to 99.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€412,677
Cash flow
€310,765
Interest coverage
87.60
Debt ≤ 1 year
€842,432▲
2024 · €2,925
Income taxes
€97,203
A ratio outside any meaningful range has been withheld (balance sheet total €845,530, equity €3,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
1.4% stopped otherwise
96.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 513 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,263€845,530▲
Fixed assets21/28-€63,294
Tangible fixed assets22/27-€55,794
Furniture and vehicles24-€55,794
Financial fixed assets28-€7,500
Current assets29/58€3,263€782,236▲
Amounts receivable within one year40/41€271€215,663▲
Other amounts receivable41€271€215,663▲
Cash at bank and in hand54/58€2,992€564,759▲
Deferred charges and accrued income490/1-€1,814
Equity and liabilities
Total equity and liabilities10/49€3,263€845,530▲
Equity10/15€339€3,000▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,661€0▲
Amounts payable17/49€2,925€842,530▲
Amounts payable within one year42/48€2,925€842,432▲
Trade debts44€1,256€94,997▲
Suppliers440/4€1,256€94,997▲
Taxes, remuneration and social security45-€97,203
Taxes450/3-€97,203
Other amounts payable47/48€1,669€650,233▲
Accrued charges and deferred income492/3-€98
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,742
Other operating charges640/8€322€387▲
Gross operating margin9900-€2,331€413,065▲
Operating profit (loss)9901-€2,653€410,935▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€8€4,711▲
Recurring financial charges65€8€4,711▲
Profit (loss) for the period before taxes9903-€2,661€406,225▲
Income taxes67/77-€97,203
Profit (loss) for the period9904-€2,661€309,023▲
Profit (loss) for the period to be appropriated9905-€2,661€309,023▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,661€306,361▲
Profit (loss) brought forward from the previous period14P--€2,661
Profit to be distributed694/7-€306,361
Return on contributions (dividend)694-€306,361

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,742-
Other operating charges640/8€322€387▲ 20.3%
Gross operating margin9900-€2,331€413,065-
Operating profit (loss)9901-€2,653€410,935-
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€8€4,711▲ 58,789%
Recurring financial charges65€8€4,711▲ 58,789%
Profit (loss) for the period before taxes9903-€2,661€406,225-
Income taxes67/77-€97,203-
Profit (loss) for the period9904-€2,661€309,023-
Profit (loss) for the period to be appropriated9905-€2,661€309,023-
Line20242025Change
Assets
Total assets20/58€3,263€845,530▲ 25,810%
Fixed assets21/28-€63,294-
Tangible fixed assets22/27-€55,794-
Furniture and vehicles24-€55,794-
Financial fixed assets28-€7,500-
Current assets29/58€3,263€782,236▲ 23,871%
Amounts receivable within one year40/41€271€215,663▲ 79,386%
Other amounts receivable41€271€215,663▲ 79,386%
Cash at bank and in hand54/58€2,992€564,759▲ 18,776%
Deferred charges and accrued income490/1-€1,814-
Equity and liabilities
Total equity and liabilities10/49€3,263€845,530▲ 25,810%
Equity10/15€339€3,000▲ 786%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,661€0-
Amounts payable17/49€2,925€842,530▲ 28,708%
Amounts payable within one year42/48€2,925€842,432▲ 28,704%
Trade debts44€1,256€94,997▲ 7,464%
Suppliers440/4€1,256€94,997▲ 7,464%
Taxes, remuneration and social security45-€97,203-
Taxes450/3-€97,203-
Other amounts payable47/48€1,669€650,233▲ 38,864%
Accrued charges and deferred income492/3-€98-
Line20242025Change
Profit (loss) for the period9904-€2,661€309,023-
+ Depreciation and write-downs630-€1,742-
Operating cash flow (approximation)-€2,661€310,765-
Change in cash-€561,767-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 30-07-2026 2026-00387479
31-12-2024 micro format 25-06-2025 2025-00185749

Similar companies · same sector, comparable size

Of the 1,687 active companies whose main activity is service activities incidental to land transportation (NACE 52210), figures are known for 768. 170 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.