SECUTECH

Active

Private limited companyfounded 20197 yrs activeRue du Bois 8, 4260 Braives, BelgiumKBO/BCE: BE 0732.927.644

The computed 12-month bankruptcy probability of SECUTECH is 1.6% (moderate). The 2025 annual accounts show equity of €12k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 400 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

55 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability73▼-4

Solvency59▲+12

Growth32=

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.41 against 1.28 in 2024; short-term debt: 66% and cash: 9.2% of total assets), and 66% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 42

Relative position

BE, all sectors

reference

Sector 42

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 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 filings

Deviation from the deadline

2025

34 d late

2024

42 d early

2023

6 d early

2022

29 d late

2021

31 d late

2020

31 d late

← before the deadline after the deadline →

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 months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€138k

EBIT margin

-9.4%

Net result

€4k▼ 62.5%

2024 · €10k

2020: €14k 2021: €2k 2022: €-16k 2023: €-9k 2024: €10k

2020 → 2025

Working capital

€10k▲ 14.9%

2024 · €9k

2020: €16k 2021: €20k 2022: €7k 2023: €5k 2024: €9k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€138k

Equity€23k-€8k▼ 67.2%€-1k€9k€12k▲ 44.0%

Operating result€5k-€-13k€-6k▲ 52.1%€15k€8k▼ 47.2%

Net result€2k-€-16k€-9k▲ 41.8%€10k€4k▼ 62.5%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 47% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €37k

92.7%

Fixed assets €3k▲ 2,079%

Current assets €34k▼ 12.0%

Equity and liabilities €37k

34.0%

66.0%

Equity €12k▲ 44.0%

Debt €24k▼ 19.6%

The debt ratio falls from 77.6% to 66.0%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€9k▼

2024 · €16k

Cash flow

€4k▼

2024 · €10k

Solvency

34.0%▲

2024 · 22.4%

Current ratio

1.41▲

2024 · 1.28

Quick ratio

1.41▲

2024 · 1.28

Debt / equity

1.94▼

2024 · 3.47

ROE

30.5%▼

2024 · 117.3%

ROA

10.4%▼

2024 · 26.2%

Interest coverage

4.91▲

2024 · 3.27

Debt

€24k▼

2024 · €30k

Debt ≤ 1 year

€24k▼

2024 · €30k

Income taxes

€3k▲

2024 · €504

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€39k€37k▼

Fixed assets21/28€122€3k▲

Tangible fixed assets22/27€122€3k▲

Other tangible fixed assets26€122€3k▲

Current assets29/58€39k€34k▼

Amounts receivable within one year40/41€23k€29k▲

Trade receivables40€14k€16k▲

Other amounts receivable41€9k€13k▲

Cash at bank and in hand54/58€14k€3k▼

Deferred charges and accrued income490/1€2k€1k▼

Equity and liabilities

Total equity and liabilities10/49€39k€37k▼

Equity10/15€9k€12k▲

Contributions10/11€8k€8k=

Reserves13€10k€10k=

Distributable reserves133€10k€10k=

Profit (loss) carried forward14€-9k€-6k▲

Amounts payable17/49€30k€24k▼

Amounts payable within one year42/48€30k€24k▼

Current portion of amounts payable after more than one year42€7k-

Financial debts43€3k€2k▼

Credit institutions430/8€3k€2k▼

Trade debts44€6k€6k▼

Suppliers440/4€6k€6k▼

Taxes, remuneration and social security45€7k€16k▲

Taxes450/3€7k€16k▲

Other amounts payable47/48€8k-

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€221€423▲

Other operating charges640/8€2k€1k▼

Gross operating margin9900€18k€10k▼

Operating profit (loss)9901€15k€8k▼

Financial income75/76B€5€192▲

Recurring financial income75€5€192▲

Financial charges65/66B€5k€2k▼

Recurring financial charges65€5k€2k▼

Profit (loss) for the period before taxes9903€11k€7k▼

Income taxes67/77€504€3k▲

Profit (loss) for the period9904€10k€4k▼

Profit (loss) for the period to be appropriated9905€10k€4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-6k▲

Profit (loss) brought forward from the previous period14P€-19k€-9k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 34 days late

2025

19-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Back to profitnet €10k

Net result €10k after 2 loss-making years.

25-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

29-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 29 days late

2022

31-12

Financial Weakest financial yearnet €-16k ▼1115%

Net result drops to €-16k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Braives · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue du Bois 84260 Braives

Ground area

1,300 m²

Building footprint

125 m²

Volume, LiDAR

821 m³