ACTIVE

SECO - INVEST

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Financial year 2025 · closed on 31/12/2025
Net result
-8,5 k €
-58.4% YoY
Gross margin
39,9 k €
-5.0% YoY
Equity
351 k €
-2.4% YoY

What does SECO - INVEST do?

SECO - INVEST is a Public limited company incorporated in 1987. Its main activity is: Management consultancy activities. Its registered office is in Wavre.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0431.270.908
Incorporation
26/05/1987
Legal form
Public limited company
Registered office
Rue de Genval 20
1301 Wavre · WallonieSee on map
Contributed capital
123 946,76 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
Solid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin39,9 k €42 k €61,2 k €31,4 k €35,3 k €50,6 k €50 k €86,9 k €103,8 k €34,8 k €38,1 k €37,8 k €34,6 k €31,3 k €-8 k €30,1 k €55,5 k €52,4 k €
EBITDA33,9 k €36,5 k €56,1 k €25,3 k €29 k €44,9 k €44,4 k €73,2 k €90,6 k €30,7 k €34,5 k €35,4 k €32,3 k €28,5 k €39,2 k €32,4 k €23,8 k €49,2 k €
Operating result-10,1 k €-4,6 k €11,4 k €-14,8 k €-11,5 k €2,4 k €-4,9 k €19,9 k €35,6 k €18,8 k €22,6 k €22,7 k €18 k €13,7 k €20,5 k €17,7 k €11,7 k €29,9 k €
Net result-8,5 k €-5,4 k €3,5 k €76,5 k €-15,4 k €-7,3 k €-13,1 k €2,8 k €24,1 k €31 k €9,5 k €9,4 k €-2,6 k €-7 k €-809,2 €544,7 €-8,2 k €753,4 €
Balance sheet
Equity351 k €359,5 k €364,9 k €361,4 k €284,9 k €304,8 k €312,7 k €326,3 k €324,1 k €272 k €241,5 k €232,6 k €223,8 k €226,9 k €234,5 k €236 k €236 k €244,8 k €
Total assets497,1 k €543,9 k €604,1 k €641,2 k €756,3 k €932,9 k €1 M €1 M €1 M €540,7 k €551,4 k €564,8 k €582,7 k €595,5 k €614,7 k €621,8 k €630 k €686,8 k €
Cash35,6 k €42,8 k €47,7 k €66,2 k €18,2 k €11,3 k €35,6 k €19,2 k €79,6 k €3,3 k €3,6 k €944,5 €3,7 k €1,6 k €8,6 k €2,8 k €3,7 k €3,7 k €
Debts69,3 k €102,8 k €148,6 k €183,5 k €321,7 k €453,8 k €532,5 k €528,4 k €542,6 k €265,9 k €301,1 k €326 k €356 k €365,3 k €376,6 k €331,6 k €334,3 k €407,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Didier MULLER

Director · since 03 mai 2021 · until 03 mai 2027

Active
Luc JANSSEN

Managing director · since 03 mai 2021 · until 03 mai 2027

Active

Ended mandates

Catherine MORTIER

Director · since 03 mai 2021 · until 03 mai 2027

Ended
Luc JANSSEN

Director · since 03 mai 2021 · until 03 mai 2027

Ended
Catherine MORTIER

Director · since 02 mai 2015 · until 02 mai 2021

Ended
Catherine MORTIER

Director · since 02 mai 2015

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202630/07/202520/08/202427/06/202319/07/202201/08/2021
General meeting02/05/202603/05/202504/05/202406/05/202307/05/202203/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/05/202625/06/2026FrenchPDF
Micro model31/12/202403/05/202530/07/2025FrenchPDF
Micro model31/12/202304/05/202420/08/2024FrenchPDF
Micro model31/12/202206/05/202327/06/2023FrenchPDF
Micro model31/12/202107/05/202219/07/2022FrenchPDF
Micro model31/12/202003/05/202101/08/2021FrenchPDF
Micro model31/12/201902/05/202022/09/2020FrenchPDF
Micro model31/12/201804/05/201917/08/2019FrenchPDF
Micro model31/12/201705/05/201826/07/2018FrenchPDF
Micro model31/12/201606/05/201731/08/2017FrenchPDF
Abridged model31/12/201507/05/201609/06/2016FrenchPDF
Abridged model31/12/201402/05/201523/06/2015FrenchPDF
Abridged model31/12/201303/05/201425/08/2014FrenchPDF
Abridged model31/12/201221/02/201319/08/2013FrenchPDF
Abridged model31/12/201105/05/201214/08/2012FrenchPDF
Abridged model31/12/201002/05/201110/08/2011FrenchPDF
Abridged model30/09/200905/03/201024/03/2010FrenchPDF
Abridged model30/09/200806/03/200927/04/2009FrenchPDF
Abridged model30/09/200707/03/200827/03/2008FrenchPDF
Abridged model30/09/200602/03/200730/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Didier MULLER

Director · since 03 mai 2021 · until 03 mai 2027

Active
Luc JANSSEN

Managing director · since 03 mai 2021 · until 03 mai 2027

Active

Ended mandates

Catherine MORTIER

Director · since 03 mai 2021 · until 03 mai 2027

Ended
Luc JANSSEN

Director · since 03 mai 2021 · until 03 mai 2027

Ended
Catherine MORTIER

Director · since 02 mai 2015 · until 02 mai 2021

Ended
Catherine MORTIER

Director · since 02 mai 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates25/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring17/10/2016
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring05/07/2016
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates21/09/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares15/10/2010
    CAPITAL, ACTIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Restructuring15/10/2010
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-8,5 k €↓
  2. 2024
    Annual accounts 2024-5,4 k €↓
  3. 2023
    Annual accounts 20233,5 k €↓
  4. 2022
    Annual accounts 202276,5 k €↑
  5. 2021
    Annual accounts 2021-15,4 k €↓
  6. 2019
    Annual accounts 2019-7,3 k €↑
  7. 2018
    Annual accounts 2018-13,1 k €↓
  8. 2017
    Annual accounts 20172,8 k €↓
  9. 2016
    Annual accounts 201624,1 k €↓
  10. 2015
    Annual accounts 201531 k €↑
  11. 2014
    Annual accounts 20149,5 k €↑
  12. 2013
    Annual accounts 20139,4 k €↑
  13. 2012
    Annual accounts 2012-2,6 k €↑
  14. 2011
    Annual accounts 2011-7 k €↓
  15. 2010
    Annual accounts 2010-809,2 €↓
  16. 2009
    Annual accounts 2009544,7 €↑
  17. 2008
    Annual accounts 2008-8,2 k €↓
  18. 2007
    Annual accounts 2007753,4 €
  19. 26/05/1987
    IncorporationPublic limited company