SecuWatts
ActiveThe computed 12-month bankruptcy probability of SecuWatts is 2.3% (moderate). The 2025 annual accounts show equity of €32k and a net result of €29k. Its solvency ranks better than 47% of 27711 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency70
Growth-
Track record67
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.83; short-term debt: 55.4% and cash: 24.2% of total assets), and 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
44.6%
Return on assets
40.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filingDeviation from the deadline
2025
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€32k
Total assets
€72k
Net result
€29k
Working capital
€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €72k
Fixed assets
€39k
Current assets
€33k
Equity and liabilities €72k
Equity
€32k
Debt
€40k
Debt finances 55.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€42k
Cash flow
€31k
Solvency
44.6%
Current ratio
0.83
Quick ratio
0.60
Debt / equity
1.24
ROE
90.6%
ROA
40.4%
Interest coverage
335.63
Debt
€40k
Debt ≤ 1 year
€40k
Income taxes
€11k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€72k
Fixed assets21/28€39k
Tangible fixed assets22/27€39k
Plant, machinery and equipment23€4k
Furniture and vehicles24€35k
Current assets29/58€33k
Stocks and contracts in progress3€9k
Stocks30/36€9k
Amounts receivable within one year40/41€7k
Other amounts receivable41€7k
Cash at bank and in hand54/58€17k
Equity and liabilities
Total equity and liabilities10/49€72k
Equity10/15€32k
Contributions10/11€3k
Reserves13€29k
Distributable reserves133€29k
Amounts payable17/49€40k
Amounts payable within one year42/48€40k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€15k
Taxes450/3€15k
Other amounts payable47/48€24k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€12k
Gross operating margin9900€54k
Operating profit (loss)9901€40k
Financial income75/76B€359
Recurring financial income75€359
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€40k
Income taxes67/77€11k
Profit (loss) for the period9904€29k
Profit (loss) for the period to be appropriated9905€29k
Appropriation of the result
Profit (loss) to be appropriated9906€29k
Transfer to equity691/2€29k
To other reserves6921€29k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
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, Zwevegem · 1 establishment unit since 2024
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.
Helkijnstraat(S) 918554 ZwevegemGround area
661 m²
Building footprint
259 m²
Parcel 34034C1054/00X000, Flanders. Linked by address, not a title deed.
1 establishment unit
SecuWatts
since 20242.361.312.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34034C1054/00X000 | Flanders | 660 m² | 1 · 259 m² | - |
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.
Similar companies · same sector, comparable size
L&R Technics
BE 0695.577.892
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CLT CONSTRUCTION
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ELBO
BE 0473.565.282
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FG VISION
BE 0550.712.154
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VENTROLEC
BE 0790.895.438
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,059 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2024
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
46643Wholesale of electrical equipment, including installation materials
71121Engineering and related technical consultancy, excluding land surveyors
81100Combined facilities support activities
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:wim@rftechnics.be
Phone:0494274524