Secwise
ActiveSummary
Secwise has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.67M and a net result of €567k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+17
Solvency78▲+4
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.16 in 2024; short-term debt: 43.3% and cash: 0.3% of total assets), and 47.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
52.6%
Return on assets
17.9%
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 24-08-2026, 24 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 · 7 filingsDeviation from the deadline
2025
24 d late
2024
26 d late
2023
21 d late
2022
29 d late
2021
5 d late
2020
19 d early
2019
22 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€7.70M▲ 17.2%
2024 · €6.56M
2019: €1.11M
2020: €2.09M
2021: €2.73M
2022: €4.27M
2023: €5.62M
2024: €6.56M
2019 → 2025
EBIT margin
10.2%▲ 6.6pp
2024 · 3.7%
2019: -0.6%
2020: 15.0%
2021: 9.3%
2022: 6.2%
2023: 7.5%
2024: 3.7%
2019 → 2025
Net result
€567k▲ 225%
2024 · €174k
2019: €-18k
2020: €222k
2021: €184k
2022: €185k
2023: €292k
2024: €174k
2019 → 2025
Working capital
€1.74M▲ 47.6%
2024 · €1.18M
2019: €119k
2020: €314k
2021: €630k
2022: €850k
2023: €1.02M
2024: €1.18M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.73M-€4.27M▲ 56.2%€5.62M▲ 31.6%€6.56M▲ 16.9%€7.70M▲ 17.2%
Equity€451k-€636k▲ 40.9%€928k▲ 46.0%€1.10M▲ 18.8%€1.67M▲ 51.4%
Operating result€255k-€265k▲ 3.7%€421k▲ 59.1%€241k▼ 42.8%€788k▲ 228%
Net result€184k-€185k▲ 0.1%€292k▲ 58.3%€174k▼ 40.3%€567k▲ 225%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 228% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.17M
Fixed assets
€56k ▲ 3.9%
Current assets
€3.12M ▲ 41.7%
Equity and liabilities €3.17M
Equity
€1.67M ▲ 51.4%
Provisions
€267
Debt
€1.51M ▲ 30.5%
Debt's share of the balance-sheet total falls from 51.1% to 47.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€813k▲
2024 · €263k
Cash flow
€591k▲
2024 · €197k
Current ratio
2.27▲
2024 · 2.16
Debt to equity
0.90▼
2024 · 1.05
ROE
34.0%▲
2024 · 15.8%
ROA
17.9%▲
2024 · 7.7%
Interest coverage
36.27▲
2024 · 11.36
Debt ≤ 1 year
€1.37M▲
2024 · €1.02M
Income taxes
€207k▲
2024 · €56k
Staff costs
€1.01M▼
2024 · €1.13M
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.26M€3.17M▲
Fixed assets21/28€54k€56k▲
Tangible fixed assets22/27€50k€53k▲
Plant, machinery and equipment23€30k€37k▲
Furniture and vehicles24€19k€14k▼
Other tangible fixed assets26€1k€1k▲
Financial fixed assets28€4k€4k=
Current assets29/58€2.20M€3.12M▲
Amounts receivable within one year40/41€2.13M€3.06M▲
Trade receivables40€1.66M€1.44M▼
Other amounts receivable41€468k€1.62M▲
Cash at bank and in hand54/58€25k€11k▼
Deferred charges and accrued income490/1€51k€43k▼
Equity and liabilities
Total equity and liabilities10/49€2.26M€3.17M▲
Equity10/15€1.10M€1.67M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.04M€1.61M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€105k€316k▲
Distributable reserves133€928k€1.29M▲
Profit (loss) carried forward14€593€34▼
Provisions and deferred taxes16-€267
Provisions for liabilities and charges160/5-€267
Pensions and similar obligations160-€267
Amounts payable17/49€1.15M€1.51M▲
Amounts payable within one year42/48€1.02M€1.37M▲
Trade debts44€765k€1.07M▲
Suppliers440/4€765k€1.07M▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€238k€251k▲
Taxes450/3€108k€131k▲
Remuneration and social security454/9€129k€120k▼
Other amounts payable47/48€15k€50k▲
Accrued charges and deferred income492/3€134k€131k▼
Income statement
Code20242025
Turnover70€6.56M€7.70M▲
Non-recurring operating income76A€46k-
Goods, raw materials, services and sundry goods60/61€5.27M€5.90M▲
Remuneration, social security and pensions62€1.13M€1.01M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€267
Other operating charges640/8€7k€12k▲
Non-recurring operating charges66A-€463
Gross operating margin9900€1.40M€1.83M▲
Operating profit (loss)9901€241k€788k▲
Financial income75/76B€13k€8k▼
Recurring financial income75€13k€8k▼
Financial charges65/66B€23k€22k▼
Recurring financial charges65€23k€22k▼
Profit (loss) for the period before taxes9903€231k€774k▲
Income taxes67/77€56k€207k▲
Profit (loss) for the period9904€174k€567k▲
Transfer to tax-exempt reserves689€63k€211k▲
Profit (loss) for the period to be appropriated9905€111k€356k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€357k▲
Profit (loss) brought forward from the previous period14P€4k€593▼
Transfer to equity691/2€115k€357k▲
To other reserves6921€115k€357k▲
Social balance
Average headcount (FTE)908715.213.7▼
The notes to these accounts (8 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Highest result since 2019net €567k ▲225%
Operating result €788k, net result €567k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Equity above €1MEq €1.10M ▲18.8%
5 profitable years in a row build equity to €1.10M.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Equity above €500kEq €636k ▲40.9%
3 profitable years in a row build equity to €636k.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €222k
Net result €222k after one loss-making year.
31-12
Financial
Equity above €200kEq €267k ▲503%
Equity rises from €44k to €267k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are 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, Kontich · 1 establishment unit since 2018
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.
Veldkant 33 A2550 KontichGround area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Secwise
since 20182.310.129.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 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.
Similar companies · same sector, comparable size
TOPDESK BELGIUM
BE 0891.860.857
Antwerpen · Eq €1,671,535
GABITASOFT
BE 0880.672.106
Kapellen · Eq €1,666,373
b.ignited
BE 0687.833.037
Kontich · Eq €1,673,227
DOLIAT
BE 0563.715.203
Keerbergen · Eq €1,674,289
FORWARD Services
BE 0673.543.848
Hasselt · Eq €1,662,241
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 5,769 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 formPublic limited company
Founded09-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.