SECA ENGINEERING
ActiveSummary
SECA ENGINEERING has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €567k and a net result of €72k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+30
Solvency58▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.56 in 2024; short-term debt: 56.3% and cash: 18.8% of total assets), and 67.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
32.8%
Return on assets
4.2%
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 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
25 d late
2023
19 d late
2022
32 d early
2021
31 d early
2020
17 d early
2019
64 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€72k
2024 · €-7k
2018: €87k
2019: €229k
2020: €42k
2021: €48k
2022: €15k
2023: €103k
2024: €-7k
2018 → 2025
Working capital
€442k▼ 1.3%
2024 · €448k
2018: €313k
2019: €265k
2020: €259k
2021: €311k
2022: €326k
2023: €447k
2024: €448k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€464k-€479k▲ 3.3%€583k▲ 21.6%€575k▼ 1.2%€567k▼ 1.4%
Operating result€109k-€60k▼ 45.2%€196k▲ 230%€37k▼ 81.3%€146k▲ 298%
Net result€48k-€15k▼ 68.0%€103k▲ 576%€-7k€72k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 298% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets
€314k ▼ 7.0%
Current assets
€1.42M ▲ 13.4%
Equity and liabilities €1.73M
Equity
€567k ▼ 1.4%
Debt
€1.16M ▲ 15.0%
Debt's share of the balance-sheet total rises from 63.7% to 67.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€181k▲
2024 · €73k
Cash flow
€107k▲
2024 · €29k
Current ratio
1.45▼
2024 · 1.56
Debt to equity
2.05▲
2024 · 1.76
ROE
12.7%▲
2024 · -1.3%
ROA
4.2%▲
2024 · -0.5%
Interest coverage
7.55▲
2024 · 3.09
Debt ≤ 1 year
€973k▲
2024 · €800k
Debt > 1 year
€189k▼
2024 · €211k
Income taxes
€50k▲
2024 · €21k
Staff costs
€1.28M▲
2024 · €1.27M
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.59M€1.73M▲
Fixed assets21/28€338k€314k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€324k€298k▼
Land and buildings22€303k€278k▼
Plant, machinery and equipment23€1k€794▼
Furniture and vehicles24€20k€19k▼
Financial fixed assets28€14k€14k=
Current assets29/58€1.25M€1.42M▲
Amounts receivable within one year40/41€842k€1.08M▲
Trade receivables40€809k€1.04M▲
Other amounts receivable41€32k€41k▲
Cash at bank and in hand54/58€354k€326k▼
Deferred charges and accrued income490/1€53k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.73M▲
Equity10/15€575k€567k▼
Contributions10/11€230k€230k=
Reserves13€23k€23k=
Non-distributable reserves130/1€23k€23k=
Reserves not available under the articles1311€23k€23k=
Profit (loss) carried forward14€322k€314k▼
Amounts payable17/49€1.01M€1.16M▲
Amounts payable after more than one year17€211k€189k▼
Financial debts170/4€211k€189k▼
Amounts payable within one year42/48€800k€973k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Financial debts43€90k€156k▲
Credit institutions430/8€90k€156k▲
Trade debts44€486k€534k▲
Suppliers440/4€486k€534k▲
Taxes, remuneration and social security45€165k€136k▼
Taxes450/3€37k-
Remuneration and social security454/9€128k€136k▲
Other amounts payable47/48€37k€125k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.27M€1.28M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€35k▼
Other operating charges640/8€10k€14k▲
Gross operating margin9900€1.36M€1.47M▲
Operating profit (loss)9901€37k€146k▲
Financial income75/76B€940€138▼
Recurring financial income75€940€138▼
Financial charges65/66B€24k€24k▲
Recurring financial charges65€24k€24k▲
Profit (loss) for the period before taxes9903€14k€122k▲
Income taxes67/77€21k€50k▲
Profit (loss) for the period9904€-7k€72k▲
Profit (loss) for the period to be appropriated9905€-7k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€322k€394k▲
Profit (loss) brought forward from the previous period14P€330k€322k▼
Profit to be distributed694/7-€80k
Return on contributions (dividend)694-€80k
Social balance
Average headcount (FTE)908716.117.1▲
The notes to these accounts (13 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-7k ▼107%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
31-12
Financial
Equity above €500kEq €583k ▲21.6%
6 profitable years in a row build equity to €583k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €229k ▲164%
Operating result €343k, net result €229k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Anderlecht · 1 establishment unit since 2019
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.
Spinnerijstraat 2/41070 AnderlechtGround area
9,783 m²
Building footprint
1,852 m²
Volume, LiDAR
28,917 m³
Parcel 21306C0289/00B004, Brussels · tallest building 26.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SECA BENELUX
since 20192.291.445.945
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0289/00B004 | Brussels | 9,782 m² | 1 · 1,852 m² | 26.1 m · 6 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
European Union, budget
2025 · 24 entries · 71,819 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 24 | 71,819 EUR |
Projects
BUILDING MAINTENANCE SERVICES AND TECHNICAL SUPPORT
TECHNICAL ASSISTANCE - TECHNICAL INSTALLATIONS CONDITION ASSESSMENT MISSION
FEASIBILITY STUDIES, EXPERT ASSESSMENTS AND AUDITS IN EESC BUILDINGS
DYNAMIC THERMAL SIMULATION PROJECT FOR BVS AND REM BUILDINGS
SUPPORT FOR COMMITTEES AS PART OF THE SPACES PROJECT
Show 10 more projects
ENERGY AUDIT OF VMA AND JDE BUILDINGS
MONITORING OF WORKS FOR FIRE DETECTION RENOVATION, PHASE 2, IN VMA BUILDING
PREPARATION OF FIRE SEPARATION AND EVACUATION PLANS
AUDIT SERVICES
STUDY MISSION: VERIFICATION OF FIRE SAFETY REQUIREMENTS FOR THE JDE AND BVS BUILDINGS
STUDY OF EVACUATION SCENARIOS FOR THE VMA +2 CONFERENCE ROOMS
STUDY: CURRENT EVACUATION CAPACITY OF CONFERENCE ROOMS AND POTENTIAL INCREASE
VMA-DPI (FIRE DETECTION AND PROTECTION) PHASE 2
SUPPORT FROM AN ARCHITECTURAL STUDIO FOR CONTRACTUAL MANAGEMENT IN THE CONTEXT OF THE ACCEPTANCE OF WORKS, PART 2, IN VMA BUILDING
CONSULTANCY ASSIGNMENT FOR THE COORDINATION OF MULTIDISCIPLINARY SECURITY
Recognitions · licences · registrations
Legal Entity Identifier
254900FEU8Q7K7HQ8M06
Similar companies · same sector, comparable size
TECHNILON
BE 0502.284.707
Londerzeel · Eq €567,509
INSIGHTSWORLD
BE 0885.010.875
Etterbeek · Eq €567,442
WICCA
BE 0879.672.412
Geetbets · Eq €567,531
LMB Management
BE 0726.757.355
Schoten · Eq €567,398
BELURA MANAGEMENT
BE 0642.532.255
Brussel · Eq €567,356
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 33,594 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 formPrivate limited company
Founded27-08-1990
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.