Turnover
≈ €190,000 estimated
The micro format states no turnover.
SeQure
Lifetime
6 annual accounts with figures on one time axispeak €41,455 (2025)
€41,455▲ 112%
lowest -€15,612 (2021)
€33,533▲ 247%
peak €4,658 (2025)
€4,658▲ €33,533
€57,216▼ 14.4%
Board1 name since 2019
1 director
Documentsfilings and deeds
29-10-202690 days late
2025micro format
Plan homologation 31-07Extension 20-05Judicial reorganisation opened 23-04Gross margin from €19,527 to €41,455Result from €9,666 to €33,533Equity from -€28,875 to €4,658
Key points
from the 2025 annual accountsDebts
€57,216 92% of the balance sheet
Financial debts 0%Suppliers 88%Taxes and wages 3%Other 8%
Of this, €56,597 falls due within a year.
Liquidity
1.01 was 0.44 in 2024
Short-term debts fell from €60,293 to €56,597.
Filings
6 annual accounts 90 days
Latest accounts filed late: after the legal deadline.
Starting capital
€2,000 100 shares
Position in the sector
€4,658
Less equity than 87% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as SeQure has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for SeQure. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Judicial dissolution, liquidator appointed
Enterprise Court of Brussels · Mommaerts Johan · judgment of 27-02-2026 · Bankruptcy
Plan homologation
Enterprise Court of Brussels · judgment of 25-07-2025 · Judicial reorganisation
Extension
Enterprise Court of Brussels · collective agreement · judgment of 13-05-2025 · Judicial reorganisation
Judicial reorganisation opened
Enterprise Court of Brussels · collective agreement · judgment of 15-04-2025 · Judicial reorganisation
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SeQure Ternat | €61,874 | €41,455 | 7.5% | - |
| SMETS-VERVAECKE Merchtem | €67,136 | €35,257 | 53.3% | - |
| C&H TECHNICS Anderlues | €63,235 | €42,971 | 26.5% | - |
| Borrenberghs Bjorn Wellen | €57,353 | €42,727 | 48.0% | - |
| Stepmatic Antwerp | €70,032 | €38,958 | 75.7% | - |
| ALEXANDER ROMAN Eghezée | €55,592 | €47,608 | 19.1% | - |
| SIM-ELEC Construct Watermael-Boitsfort | €68,235 | €46,683 | 85.4% | - |
These companies have the same main activity as SeQure: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €55,600 and €70,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 06-06-2019Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.290.501.7781740 Ternat, since 06-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2024
Insights on SeQure
SeQure files the micro format. That format states no turnover. The gross margin rose from €21,786 in 2020 to €41,455 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SeQure
- What is the company number of SeQure?
- The company number of SeQure is 0727.834.550. The VAT number is the same number with BE in front: BE 0727.834.550.
- Where is SeQure based?
- The registered office is at Steenvoordestraat 50, 1740 Ternat.Company details
- What does SeQure do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of SeQure?
- SeQure is a private limited company (BV).
- When was SeQure founded?
- SeQure was founded on 06-06-2019.
- Is SeQure still active?
- Yes, SeQure is an active enterprise in the KBO register.
- What is the turnover of SeQure?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €41,455 and 45 comparable companies (NACE 43211). It probably lies between €140,000 and €300,000.Financials
- Is SeQure profitable?
- In financial year 2025, SeQure made a profit of €33,533.
- Where can I find the annual accounts of SeQure?
- SeQure filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SeQure due?
- SeQure must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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