Turnover
≈ €190,000 estimated
The micro format states no turnover.
SeQure
Overview
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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
Annual accounts 2025
- €41,455▲ 112%
- €33,533▲ 247%
- €4,658
- €61,874▲ 63.1%
- Filing
- Filed on 29-10-2026
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.
Financials
Annual accounts 2025
micro format, filed on 29-10-2026, 90 days late€41,455
▲ 112%
€33,636
▲ 231%
€33,533
▲ 247%
€546
▲ €34,054
7.5%
▲ 83.6 percentage points
1.01
▲ 0.57
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €140,000 and €300,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €61,874 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
7.5%
Higher than 13% of 37,177 companies in 2025.
1.01
Higher than 21% of 36,472 companies in 2025.
54.2%
Higher than 95% of 36,707 companies in 2025.
SeQure
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
61,874 | 37,943 | 63,821 | 87,966 | 113,442 | 85,126 | |
20 |
- | - | 64 | 256 | - | - | |
21/28 |
4,731 | 11,158 | 19,189 | 28,447 | 34,661 | 31,625 | |
21 |
- | - | - | - | 448 | 639 | |
22/27 |
4,731 | 11,158 | 19,189 | 28,447 | 34,213 | 30,986 | |
23 |
3,891 | 4,989 | 8,336 | 12,171 | 11,396 | 5,961 | |
24 |
840 | 6,169 | 10,853 | 16,276 | 22,817 | 1,533 | |
29/58 |
57,143 | 26,785 | 44,568 | 59,263 | 78,781 | 53,501 | |
3 |
15,848 | 12,848 | 15,348 | 18,848 | 16,545 | 3,528 | |
30/36 |
15,848 | 12,848 | 15,348 | 18,848 | 16,545 | 3,528 | |
40/41 |
41,291 | 12,687 | 22,700 | 37,707 | 54,387 | 33,433 | |
40 |
34,836 | 11,188 | 13,070 | 32,109 | 45,287 | 28,559 | |
41 |
6,455 | 1,499 | 9,629 | 5,598 | 9,100 | 4,874 | |
54/58 |
4 | 1,043 | 5,747 | 2,025 | 7,849 | 16,540 | |
490/1 |
- | 207 | 774 | 684 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
61,874 | 37,943 | 63,821 | 87,966 | 113,442 | 85,126 | |
10/15 |
4,658 | -28,875 | -38,542 | -23,039 | -13,547 | 2,065 | |
10/11 |
2,000 | 2,060 | 2,060 | 2,000 | 2,000 | 2,000 | |
10 |
- | - | - | - | 2,000 | - | |
100 |
- | - | - | - | 2,000 | 2,000 | |
13 |
32,670 | - | - | 60 | 60 | 60 | |
130/1 |
60 | - | - | 60 | 60 | 60 | |
130 |
- | - | - | - | 60 | 60 | |
1311 |
60 | - | - | - | - | - | |
1319 |
- | - | - | 60 | - | - | |
132 |
32,610 | - | - | - | - | - | |
14 |
-30,012 | -30,935 | -40,602 | -25,099 | -15,607 | 5 | |
17/49 |
57,216 | 66,818 | 102,363 | 111,005 | 126,989 | 83,061 | |
17 |
- | 6,525 | 7,375 | 13,282 | 21,570 | 18,122 | |
170/4 |
- | 6,525 | 7,375 | 13,282 | 21,570 | 18,122 | |
42/48 |
56,597 | 60,293 | 94,988 | 97,723 | 105,419 | 64,939 | |
42 |
- | 3 | 5,907 | 5,663 | 5,430 | 5,660 | |
43 |
19 | - | - | - | - | - | |
430/8 |
19 | - | - | - | - | - | |
44 |
50,409 | 50,567 | 54,816 | 58,050 | 49,806 | 47,909 | |
440/4 |
50,409 | 50,567 | 54,816 | 58,050 | 49,806 | 47,909 | |
45 |
1,983 | - | - | - | 3,569 | 6,620 | |
450/3 |
1,983 | - | - | - | 3,569 | 6,620 | |
47/48 |
4,187 | 9,723 | 34,265 | 34,009 | 46,614 | 4,750 | |
492/3 |
619 | - | - | - | - | - | |
| Income statement | |||||||
76A |
32,610 | - | - | - | - | - | |
9900 |
41,455 | 19,527 | -4,725 | 5,941 | -3,793 | 21,786 | |
630 |
7,456 | 9,077 | 9,450 | 9,875 | 3,794 | 12,883 | |
640/8 |
363 | 292 | 402 | 807 | 774 | 1,471 | |
9901 |
33,636 | 10,158 | -14,577 | -4,741 | -8,361 | 7,432 | |
75/76B |
0 | 15 | 0 | - | - | 903 | |
75 |
0 | 15 | 0 | - | - | 903 | |
65/66B |
103 | 507 | 926 | 4,751 | 7,251 | 3,701 | |
65 |
103 | 507 | 926 | 4,751 | 7,251 | 3,701 | |
9903 |
33,533 | 9,666 | -15,503 | -9,492 | -15,612 | 4,634 | |
67/77 |
- | - | - | - | - | 69 | |
9904 |
33,533 | 9,666 | -15,503 | -9,492 | -15,612 | 4,565 | |
689 |
32,610 | - | - | - | - | - | |
9905 |
924 | 9,666 | -15,503 | -9,492 | -15,612 | 4,565 | |
| Appropriation of the result | |||||||
9906 |
-30,012 | -30,935 | -40,602 | -25,099 | -15,607 | 4,565 | |
14P |
-30,935 | -40,602 | -25,099 | -15,607 | 5 | - | |
691/2 |
- | - | - | - | - | 60 | |
6920 |
- | - | - | - | - | 60 | |
694/7 |
- | - | - | - | - | 4,500 | |
695 |
- | - | - | - | - | 4,500 | |
| Document | |||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00602586.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-10-2026 | 2026-00602586 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00402579 | |
| 31-12-2023 | micro format | 03-12-2024 | 2024-00608601 | |
| 31-12-2022 | micro format | 28-09-2023 | 2023-00462303 | |
| 31-12-2021 | micro format | 09-11-2022 | 2022-20519415 | |
| 31-12-2020 | micro format | 07-09-2021 | 2021-67000529 |
Subsidies and aid
Flemish government 2024, 1 entry, €79 awarded, €79 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 41,093 | 19,236 | -5,127 | 5,134 | -4,567 | 20,315 | ||
| 40,989 | 18,743 | -6,053 | 383 | -11,818 | 17,448 | ||
| 1,029 | 982 | 192 | 3,917 | 30,322 | 44,508 | ||
| -1,039 | -4,704 | 3,722 | -5,824 | -8,691 | - | ||
| 546 | -33,508 | -50,420 | -38,459 | -26,638 | -11,438 | ||
| 7.5% | -76.1% | -60.4% | -26.2% | -11.9% | 2.4% | ||
| 1.01 | 0.44 | 0.47 | 0.61 | 0.75 | 0.82 | ||
| 0.73 | 0.23 | 0.31 | 0.41 | 0.59 | 0.77 | ||
| 12.28 | - | - | - | - | 40.22 | ||
| 719.9% | - | - | - | - | 221.1% | ||
| 54.2% | 25.5% | -24.3% | -10.8% | -13.8% | 5.4% | ||
| over 100 | 37.92 | -5.54 | 1.08 | -0.63 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,029 | €982 | - | €3,917 | €30,322 |
| €7,456 | €9,077 | €9,450 | €9,875 | €3,794 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SeQure
The operating result for 2025 is 3.3 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total is 92.5%.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 11-06-2019
term without a fixed end
listed in the 2025 annual accounts, filed on 29-10-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”deed of 11-06-2019
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, appointed by deed of 11-06-2019, still in office
Control
Founders
,
This company
SeQure
Equity €4,658
Profit €33,533 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €46.58 in 2025
- Source
- deed of 11-06-2019
Articles of association
deed of 11-06-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 11-06-2019 ↗
- 99 shares (99%) · €1,980
- 1 share (1%) · €20
Network & group
No group
SeQure has no parent and no holdings in its annual accounts. is the only director. SeQure shares no director with another company.
Timeline
Timeline
21 events since 2019Filings
Financial
Permits
Establishments
Insolvency
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 90 days late
Judicial dissolution, liquidator appointed Enterprise Court of Brussels · Mommaerts Johan · judgment of 27-02-2026
2025
Highest result from 2020 to 2025 net €33,533 ▲247% The operating result of €33,636 and the net result of €33,533 are both a record.
Liquidity more than doubled current ratio 1.01 The current ratio rises from 0.44 to 1.01. Short-term debt falls from €60,293 to €56,597.
Annual accounts 2024 filed PDFmicro format · 26 days late
Plan homologation Enterprise Court of Brussels · judgment of 25-07-2025
Extension Enterprise Court of Brussels · collective agreement · judgment of 13-05-2025
Judicial reorganisation opened Enterprise Court of Brussels · collective agreement · judgment of 15-04-2025
2024
Back to profit net €9,666 The net result is €9,666, after 3 loss-making years.
Annual accounts 2023 filed PDFmicro format · 125 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0727834550
Registered office moved within TernatNew registered office: Steenvoordestraat 50, 1740 Ternat · Previous registered office: Fazantenlaan 20, 1742 Ternat · Board meeting of 06-05-20242 points ▸
- Board meeting, 06-05-2024
- Registered-office move, Steenvoordestraat 50, 1740 Ternat
2023
Annual accounts 2022 filed PDFmicro format · 59 days late
Judicial reorganisation opened Enterprise Court of Brussels · collective agreement · judgment of 15-02-2023
2022
Annual accounts 2021 filed PDFmicro format · 101 days late
2021
Weakest financial year net -€15,612 The net result drops to -€15,612, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 38 days late
2019
Security firm approval (camera systems) granted GazetteDecision of 07-10-2019, published on 08-09-2021
Security firm approval (alarm systems) granted GazetteDecision of 22-07-2019, published on 27-01-2020
IncorporationFounding capital of €2,000, 100 shares · Founders: and · Appointment: (director) · published on 11-06-20196 points ▸
- Founder,
- Founder,
- Founding capital, €2,000, 100 shares
- Registered office clause, Fazantenlaan 20, 1742 Ternat – Sint-Katharina-Lombeek
- Board rule, 1
- Director appointment,
- The deed holds 2 more points.
First establishment Steenvoordestraat 50, Ternat
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
SeQure was incorporated on 6 June 2019 as a private limited company by two natural persons, with a starting capital of €2,000.12 The registered office was moved to Ternat in 2024.3 is director of the company, appointed by deed of 11-06-2019.2 Total assets fell from €85,126 in 2020 to €61,874 in 2025.4
Company details
Identity
- Enterprise number
- 0727.834.550
- VAT number
- BE 0727.834.550
- Peppol ID
- 0208:0727834550
- Other Peppol ID
- 9925:BE0727834550
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 06-06-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 19:00deed of 11-06-2019 (in Dutch)
- Peppol
- Reachable since 26-11-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SeQure in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-06-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-06-2019 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
81300
Landscape service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitvoeren van algemene elektriciteitswerken en elektrotechnische werken aan gebouwen; De verkoop en plaatsing van elektrisch materiaal…”deed of 11-06-2019 (in Dutch)
6 activities
- Het uitvoeren van algemene elektriciteitswerken en elektrotechnische werken aan gebouwen;
- De verkoop en plaatsing van elektrisch materiaal en verlichting;
- Het plaatsen van alarm- en beveiligingssystemen;
- Het uitvoeren van herstelling- en onderhoudswerken van mechaniek;
- Het aanleggen en onderhouden van tuinen;
- Het uitvoeren van algemene bouwwerken.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Steenvoordestraat 50 registered office 1740 Ternat | 06-06-2019 | 2.290.501.778 |
1 former office
- Fazantenlaan 20, 1742 Ternat until 06-05-2024 · deed of 28-05-2024
Buildings and parcels at the address
- Ground area
- 103 m²
- Buildings
- 121 m²
- Volume, LiDAR
- 645 m³
- Tallest building
- 9.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23086A0520/00F002 | 103 m² | 1 · 121 m² | 9.5 m · 2 |
Recognitions
Licences in the Official Gazette
2 publications · 2 kindsSecurity firm approval (camera systems)
Security firm approval (alarm systems)
Contact
Website
www.bvsequre.be establishment in Ternat
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0727.834.550