Secant · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Secant is 0.2% (very low). The 2024 annual accounts show equity of €271k and a net result of €66k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 3380 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 90% of 3380 peers (2024). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 14 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	24-10-2025	85 d late	2025-00551513
31-12-2023	31-07-2024	31-07-2024	on the day	2024-00319126
31-12-2022	31-07-2023	30-06-2023	31 d early	2023-00179338
31-12-2021	31-07-2022	04-08-2022	4 d late	2022-20272941
31-12-2020	31-07-2021	01-09-2021	32 d late	2021-64700229
31-12-2019	31-07-2020	26-10-2020	87 d late	2020-63200017
31-12-2018	31-07-2019	18-07-2019	13 d early	2019-34400149
31-12-2017	31-07-2018	19-07-2018	12 d early	2018-34900134
31-12-2016	31-07-2017	27-06-2017	34 d early	2017-21800493
31-12-2015	31-07-2016	20-06-2016	41 d early	2016-21100416

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2004, 22 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€66k+110.1%

Working capital€249k+45.3%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 24-10-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~20.1%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	85.9%	55.1%	better than 90% of 3380 sector peers
Net result	€66k	€19k	better than 86% of 3380 sector peers
Equity	€271k	€45k	better than 95% of 3382 sector peers
Gross operating margin	€102k	€38k	better than 85% of 3377 sector peers
Total assets	€316k	€95k	better than 87% of 3381 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P90

Stable position over 2020-2024 · n=410-3380

Net result P86

Improving position over 2020-2024 · n=410-3380

Equity P95

Improving position over 2020-2024 · n=410-3382

Gross operating margin P85

Improving position over 2020-2024 · n=409-3377

Describes the position versus peers, not a forecast.

EBITDA

€101k

+79.9% 18-24

Net profit

€66k

+110.1% 18-24

Cash flow

€78k

+81.6% 18-24

Total assets

€316k

+33.3% 18-24

Equity

€271k

+32.4% 18-24

Working capital

€249k

+45.3% 18-24

Staff costs

€1k

+25.5% 18-24

Income taxes

€26k

+102.9% 18-24

Debt

€45k

+38.7% 18-24

Debt ≤ 1y

€45k

+38.7% 18-24

Current ratio

6.56

+4.0% 18-24

Quick ratio

6.56

+4.0% 18-24

Solvency

85.9%

-0.6% 18-24

Debt / equity

0.16

+4.8% 18-24

ROE

24.5%

+58.6% 18-24

ROA

21.0%

+57.6% 18-24

Interest coverage

103.39

+153.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€101k
Net profit	€66k
Cash flow	€78k
Staff costs	-
Income taxes	€26k
Dividends	-
Total assets	€316k
Equity	€271k
Debt	€45k
of which ≤ 1y	€45k
of which > 1y	-
Working capital	€249k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	6.56
Quick ratio	6.56
Working capital ratio	78.6%
Solvency	85.9%
Debt / equity	0.16
Long-term debt ratio	-
Interest coverage	103.39
Gross margin	-
Net margin	-
ROA	21.0%
ROE	24.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €23k · 7.2% Current assets €293k · 92.8%

Equity & liabilities

Equity €271k · 85.9% Debt €45k · 14.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€316k
Fixed assets	21/28	€23k
Tangible fixed assets	22/27	€23k
Current assets	29/58	€293k
Amounts receivable within one year	40/41	€36k
Investments	50/53	€154k
Cash & bank	54/58	€102k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€316k
Equity	10/15	€271k
Contributions / capital	10/11	€19k
Reserves	13	€163k
Accumulated profits (losses)	14	€90k
Amounts payable	17/49	€45k
Amounts payable within one year	42/48	€45k
Trade debts payable within one year	44	€20k
Income statement
Gross operating margin	9900	€102k
Operating result	9901	€90k
Financial income	75	€4k
Financial charges	65	€981
Result before taxes	9903	€93k
Income taxes	67/77	€26k
Net result for the period	9904	€66k
Result to be appropriated	9905	€66k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

CELEN Jan
Director
State Gazette act 23430425 (21-11-2023)

Current
21-11-2023 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten van landmeters-experts(71122)
Legal form	Private limited company(610)
Incorporation	02-04-2004
Status	Active
Postal code	3271

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Nieuwstraat(Av) 613271 Scherpenheuvel-Zichem

Establishment units

1 location

Secant

Nieuwstraat(Av) 61, 3271 Scherpenheuvel-ZichemActiviteiten van landmeters-experts

since 20042.187.980.005

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,559 m²

Buildings1

Building footprint105 m²

Volume (LiDAR)591 m³

Tallest building8.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24005B0005/00E000	Flanders	1,559 m²	1 · 105 m²	8.5 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 2 years ago

2023

21-11-2023 CELEN Jan appointed as director Director changes·Caroline JACOBS

CELEN Jan, Bestuurder

Notary: Caroline JACOBS · Laakdal

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 100

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