Segundo
ActiveSegundo has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €267k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 3663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+6
Solvency67▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.32 in 2024; short-term debt: 47.2% and cash: 15.3% of total assets), and 58.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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
41.8%
Return on assets
29.7%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
55 d early
2023
30 d early
2022
48 d early
2021
33 d early
2020
22 d early
2019
32 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€376k▲ 0.2%
2024 · €375k
2018: €190k
2019: €232k
2020: €251k
2021: €364k
2022: €368k
2023: €371k
2024: €375k
2018 → 2025
Total assets
€899k▲ 4.6%
2024 · €859k
2018: €610k
2019: €603k
2020: €749k
2021: €1.02M
2022: €965k
2023: €831k
2024: €859k
2018 → 2025
Net result
€267k▲ 53.6%
2024 · €174k
2018: €85k
2019: €93k
2020: €238k
2021: €513k
2022: €195k
2023: €158k
2024: €174k
2018 → 2025
Working capital
€75k▼ 31.6%
2024 · €110k
2018: €13k
2019: €56k
2020: €65k
2021: €208k
2022: €102k
2023: €127k
2024: €110k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€364k-€368k▲ 1.3%€371k▲ 0.8%€375k▲ 1.0%€376k▲ 0.2%
Operating result€676k-€272k▼ 59.7%€232k▼ 14.8%€258k▲ 11.4%€376k▲ 45.6%
Net result€513k-€195k▼ 62.0%€158k▼ 18.9%€174k▲ 10.0%€267k▲ 53.6%
Turnover and EBIT margin not published: the abbreviated 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 46% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €899k
Fixed assets
€400k▼ 1.1%
Current assets
€499k▲ 9.7%
Equity and liabilities €899k
Equity
€376k▲ 0.2%
Debt
€523k▲ 8.1%
The debt ratio rises from 56.4% to 58.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€466k▲
2024 · €344k
Cash flow
€357k▲
2024 · €259k
Solvency
41.8%▼
2024 · 43.6%
Current ratio
1.18▼
2024 · 1.32
Quick ratio
1.17▼
2024 · 1.30
Debt / equity
1.39▲
2024 · 1.29
ROE
71.0%▲
2024 · 46.3%
ROA
29.7%▲
2024 · 20.2%
Interest coverage
30.66▲
2024 · 19.73
Debt
€523k▲
2024 · €484k
Debt ≤ 1 year
€424k▲
2024 · €345k
Debt > 1 year
€99k▼
2024 · €139k
Income taxes
€94k▲
2024 · €67k
Staff costs
€552k▼
2024 · €601k
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€859k€899k▲
Fixed assets21/28€404k€400k▼
Tangible fixed assets22/27€404k€400k▼
Land and buildings22€264k€302k▲
Plant, machinery and equipment23€28k€19k▼
Furniture and vehicles24€87k€60k▼
Other tangible fixed assets26€24k€18k▼
Current assets29/58€455k€499k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€313k€356k▲
Trade receivables40€12k€3k▼
Other amounts receivable41€302k€352k▲
Current investments50/53€500€500=
Cash at bank and in hand54/58€131k€137k▲
Deferred charges and accrued income490/1€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€859k€899k▲
Equity10/15€375k€376k▲
Contributions10/11€19k€19k=
Reserves13€356k€357k▲
Distributable reserves133€356k€357k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€484k€523k▲
Amounts payable after more than one year17€139k€99k▼
Financial debts170/4€139k€99k▼
Amounts payable within one year42/48€345k€424k▲
Current portion of amounts payable after more than one year42€81k€50k▼
Trade debts44€33k€33k▼
Suppliers440/4€33k€33k▼
Taxes, remuneration and social security45€61k€75k▲
Taxes450/3€15k€23k▲
Remuneration and social security454/9€47k€52k▲
Other amounts payable47/48€170k€267k▲
Accrued charges and deferred income492/3-€65
Income statement
Code20242025
Remuneration, social security and pensions62€601k€552k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€90k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€-1k▼
Other operating charges640/8€11k€8k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€957k€1.02M▲
Operating profit (loss)9901€258k€376k▲
Financial income75/76B€189€7▼
Recurring financial income75€189€7▼
Financial charges65/66B€17k€15k▼
Recurring financial charges65€17k€15k▼
Profit (loss) for the period before taxes9903€241k€361k▲
Income taxes67/77€67k€94k▲
Profit (loss) for the period9904€174k€267k▲
Profit (loss) for the period to be appropriated9905€174k€267k▲
Appropriation of the result
Profit (loss) to be appropriated9906€174k€267k▲
Transfer to equity691/2€4k€713▼
To other reserves6921€4k€713▼
Profit to be distributed694/7€170k€266k▲
Return on contributions (dividend)694€170k€266k▲
Social balance
Average headcount (FTE)908714.013.2▼
The notes to these accounts (18 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €513k ▲115%
Operating result €676k, net result €513k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €232k ▲22.6%
2 profitable years in a row build equity to €232k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Putte · 1 establishment unit since 2012
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.
Zilverberklaan 102580 PutteGround area
1,471 m²
Building footprint
221 m²
Volume, LiDAR
971 m³
Parcel 12001A0352/00G000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Brasserie Iverans
since 20122.211.742.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001A0352/00G000 | Flanders | 1,471 m² | 1 · 221 m² | 6.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 sitePutte2.211.742.332
Dual-learning approval
5 live approvals · 8 endedKok (vwo)
Kok duaal (so)
Medewerker fastfood (vwo)
Medewerker fastfood duaal (so)
Restaurant en keuken duaal (so)
Legal Entity Identifier
254900PIBVQQV5VK5C76
Similar companies · same sector, comparable size
VIAVIA WORLD
BE 0454.881.597
Leuven · Eq €376k
HET ZONNEKE
BE 0864.541.994
De Panne · Eq €375k
EVADERE
BE 0536.256.679
Elsene · Eq €375k
Bernadette & Fabrice
BE 0820.420.159
Momignies · Eq €374k
BRASSERIE NEW QUEUE DE VACHE
BE 0460.970.625
Sint-Jans-Molenbeek · Eq €377k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 2,349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.