ACTIVE

SEC NEWGATE EU

Financial year 2025 · Closed on 31/12/2025

Net result-212,5 k €-165,9 %over 1 year
Gross margin1,1 M €-13,0 %over 1 year
Equity241,3 k €-46,8 %over 1 year
Workforce16,8 ETP-14,7 %over 1 year

Identity

Source · BCE/KBO

SEC NEWGATE EU is a Public limited company incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Ixelles. It employs on average 16,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.988.610
Incorporation
13/06/2001
Legal form
Public limited company
Registered office
Rue Defacqz 52
1050 Ixelles · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
16,8 ETP
Joint committees (2)
  • 200
  • 218
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,1 M €1,2 M €1,7 M €2,1 M €2 M €
EBITDA-200,8 k €-77,3 k €182 k €469,3 k €660,1 k €
Operating result-206,9 k €-74,5 k €155,3 k €442,2 k €631,3 k €
Net result-212,5 k €-79,9 k €98,7 k €312,1 k €458,8 k €
Balance sheet
Equity241,3 k €453,8 k €533,7 k €535 k €477,1 k €
Total assets923,1 k €1,2 M €1,3 M €1,6 M €1,8 M €
Cash108,3 k €271,4 k €352,7 k €368,9 k €517 k €
Debts591,7 k €513,2 k €588 k €924,3 k €1,1 M €
Other
Workforce16,8 ETP19,7 ETP21,4 ETP26,5 ETP23,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

SAFE Consulting

Managing director · since 23 mai 2025 · until 23 mai 2031 · 0833.806.060

Represented by Feriel Saouli

Active
Sergio Penna

Director · since 23 mai 2025 · until 09 mai 2030

Active
Fiorenzo TAGLIABUE

Chairman of the board of directors · since 01 avril 2024 · until 09 mai 2030

Active

Ended mandates

Fiorenzo TAGLIABUE

Chairman of the board of directors · since 01 avril 2024 · until 08 mai 2025

Ended
SAFE Consulting

Director · since 01 octobre 2022 · 0833.806.060

Represented by Feriel SAOULI

Ended
SAFE Consulting

Managing director · since 01 octobre 2022 · 0833.806.060

Represented by Feriel SAOULI

Ended
SAFE Consulting

Managing director · since 01 octobre 2022 · 0833.806.060

Represented by Feriel Saouli

Ended

Other companies at this address

Rue Defacqz 52 1050 Ixelles
CompanyCBE no.
1010.497.005
1023.553.896
0472.426.820
EuroVAprint● Active
0840.729.979
0409.600.910
1013.996.725

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/06/202602/06/202523/05/202409/05/202319/07/202210/06/2022
General meeting11/06/202623/05/202509/05/202427/04/202310/06/202221/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202617/06/2026FrenchPDF
Abridged model31/12/202423/05/202502/06/2025FrenchPDF
Abridged model31/12/202309/05/202423/05/2024FrenchPDF
Abridged model31/12/202227/04/202309/05/2023FrenchPDF
Abridged model31/12/202110/06/202219/07/2022FrenchPDF
Abridged modelCorrection31/12/202021/05/202110/06/2022FrenchPDF
Abridged model31/12/202021/05/202107/06/2021FrenchPDF
Abridged model31/12/201903/06/202005/07/2020FrenchPDF
Abridged model31/12/201816/05/201919/08/2019FrenchPDF
Full model31/12/201722/05/201830/08/2018FrenchPDF
Abridged model31/12/201622/06/201720/07/2017FrenchPDF
Abridged model31/12/201511/04/201618/08/2016FrenchPDF
Abridged model31/12/201427/03/201509/06/2015FrenchPDF
Abridged model31/12/201303/04/201425/08/2014FrenchPDF
Abridged model31/12/201227/03/201317/04/2013FrenchPDF
Abridged model31/12/201131/05/201218/06/2012FrenchPDF
Abridged model31/12/201002/05/201130/08/2011FrenchPDF
Abridged model31/12/200903/05/201019/08/2010FrenchPDF
Abridged model31/12/200804/05/200928/08/2009FrenchPDF
Abridged model31/12/200705/05/200827/08/2008FrenchPDF
Abridged model31/12/200607/05/200731/08/2007FrenchPDF
Abridged model31/12/200502/05/200616/02/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

SAFE Consulting

Managing director · since 23 mai 2025 · until 23 mai 2031 · 0833.806.060

Represented by Feriel Saouli

Active
Sergio Penna

Director · since 23 mai 2025 · until 09 mai 2030

Active
Fiorenzo TAGLIABUE

Chairman of the board of directors · since 01 avril 2024 · until 09 mai 2030

Active

Ended mandates

Fiorenzo TAGLIABUE

Chairman of the board of directors · since 01 avril 2024 · until 08 mai 2025

Ended
SAFE Consulting

Director · since 01 octobre 2022 · 0833.806.060

Represented by Feriel SAOULI

Ended
SAFE Consulting

Managing director · since 01 octobre 2022 · 0833.806.060

Represented by Feriel SAOULI

Ended
SAFE Consulting

Managing director · since 01 octobre 2022 · 0833.806.060

Represented by Feriel Saouli

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/12/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates04/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2018
    DEMISSIONS, NOMINATIONS
    PDF

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 2025-212,5 k €↓
  2. 2024
    Annual accounts 2024-79,9 k €↓
  3. 2023
    Annual accounts 202398,7 k €↓
  4. 2022
    Annual accounts 2022312,1 k €↓
  5. 2021
    Annual accounts 2021458,8 k €↑
  6. 2021
    Name changeSec Newgate EU
  7. 2020
    Annual accounts 2020439,9 k €↑
  8. 2019
    Annual accounts 2019371,2 k €↑
  9. 2018
    Annual accounts 2018350,5 k €↑
  10. 2017
    Annual accounts 2017-26,3 k €↓
  11. 2016
    Annual accounts 2016368,2 k €↓
  12. 2015
    Annual accounts 2015505,4 k €↑
  13. 2014
    Annual accounts 2014311,4 k €↑
  14. 2013
    Annual accounts 2013287,8 k €↑
  15. 2012
    Annual accounts 2012134,9 k €↑
  16. 2011
    Annual accounts 201175,5 k €↑
  17. 2010
    Annual accounts 201040,2 k €↑
  18. 2009
    Annual accounts 200938,6 k €↑
  19. 2008
    Annual accounts 2008-19,7 k €↓
  20. 2007
    Annual accounts 200799,3 k €↑
  21. 2006
    Annual accounts 200686,1 k €
  22. 2006
    Name changeCAMBRE ASSOCIATES
  23. 13/06/2001
    IncorporationPublic limited company