ACTIVE

SECO GROUP

Financial year 2025 · Closed on 31/12/2025

Net result
3,8 M €
-60,4 %over 1 year
Equity
28,3 M €
+9,9 %over 1 year

Identity

Source · BCE/KBO

SECO GROUP is a Private limited company incorporated in 2017. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0676.755.736
Incorporation
13/06/2017
Legal form
Private limited company
Registered office
Rue des Colonies 56 box 10
1000 Bruxelles · BruxellesSee on map
Contributed capital
12 203 896,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 9 filings

Trend over 7 financial years

20252024202320222021
Income statement
EBITDA-327 k €-242,3 k €-256 k €-456,3 k €-312,5 k €
Operating result-327 k €-242,3 k €-256 k €-456,3 k €-312,5 k €
Net result3,8 M €9,6 M €4,6 M €2,1 M €2 M €
Balance sheet
Equity28,3 M €25,8 M €19,2 M €15,9 M €14,9 M €
Total assets33,4 M €29,1 M €24,5 M €21,3 M €15,3 M €
Cash5,2 M €4,2 M €3 M €10,1 M €4,3 M €
Debts5 M €3,3 M €5,3 M €5,4 M €394,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 21 ended

Active mandates

FFLOW

Director · since 26 septembre 2024 · until 30 juin 2026 · 1011.882.224

Represented by Frederik Foncke

Active
THE DEWI CORP.

Onafhankelijke bestuurder · since 06 juin 2024 · until 06 juin 2030 · 0742.591.319

Represented by DEWI VAN DE VYVER

Active
B.H. GROUP

Director · since 07 juin 2023 · until 07 juin 2029 · 0883.343.465

Represented by Bernard HEIDERSCHEIDT

Active
LSQUARE ARCHITECTURE

Director · since 07 juin 2023 · until 07 juin 2029 · 0899.477.337

Represented by Renaud Chevalier

Active
B GLOBAL MANAGEMENT

Director · since 01 janvier 2023 · until 07 juin 2029 · 0552.883.667

Represented by Stéphane Burton

Active
KYOKAN

Chairman of the board of directors · since 03 juin 2021 · until 03 juin 2027 · 0770.813.468

Represented by Jan Van Steirteghem

Active

Ended mandates

Philippe Wetzel

Director · since 30 mars 2022 · until 06 juin 2024

Ended
KYOKAN

Director · since 03 juin 2021 · until 03 juin 2027 · 0770.813.468

Ended
Yves Pianet

Administrateur · since 21 octobre 2020 · until 31 décembre 2021

Ended
Yves PIANET

Vice-chairman of the board of directors · since 21 octobre 2020 · until 31 décembre 2021

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date15/06/202624/06/202517/06/202406/07/202329/06/202229/07/2021
General meeting04/06/202605/06/202506/06/202407/06/202313/06/202203/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/06/202615/06/2026FrenchPDF
Full model31/12/202405/06/202524/06/2025FrenchPDF
Full model31/12/202306/06/202417/06/2024FrenchPDF
Full model31/12/202207/06/202306/07/2023FrenchPDF
Full model31/12/202113/06/202229/06/2022FrenchPDF
Full model31/12/202003/06/202129/07/2021FrenchPDF
Full model31/12/201904/06/202030/10/2020DutchPDF
Full model31/12/201820/06/201912/07/2019FrenchPDF
Full model31/12/201707/06/201821/06/2018FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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

6 active · 21 ended

Active mandates

FFLOW

Director · since 26 septembre 2024 · until 30 juin 2026 · 1011.882.224

Represented by Frederik Foncke

Active
THE DEWI CORP.

Onafhankelijke bestuurder · since 06 juin 2024 · until 06 juin 2030 · 0742.591.319

Represented by DEWI VAN DE VYVER

Active
B.H. GROUP

Director · since 07 juin 2023 · until 07 juin 2029 · 0883.343.465

Represented by Bernard HEIDERSCHEIDT

Active
LSQUARE ARCHITECTURE

Director · since 07 juin 2023 · until 07 juin 2029 · 0899.477.337

Represented by Renaud Chevalier

Active
B GLOBAL MANAGEMENT

Director · since 01 janvier 2023 · until 07 juin 2029 · 0552.883.667

Represented by Stéphane Burton

Active
KYOKAN

Chairman of the board of directors · since 03 juin 2021 · until 03 juin 2027 · 0770.813.468

Represented by Jan Van Steirteghem

Active

Ended mandates

Philippe Wetzel

Director · since 30 mars 2022 · until 06 juin 2024

Ended
KYOKAN

Director · since 03 juin 2021 · until 03 juin 2027 · 0770.813.468

Ended
Yves Pianet

Administrateur · since 21 octobre 2020 · until 31 décembre 2021

Ended
Yves PIANET

Vice-chairman of the board of directors · since 21 octobre 2020 · until 31 décembre 2021

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office05/11/2025
    SIEGE SOCIAL
    PDF
  • Registered office05/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/01/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 20253,8 M €
  2. 2024
    Annual accounts 20249,6 M €
  3. 2023
    Annual accounts 20234,6 M €
  4. 2022
    Annual accounts 20222,1 M €
  5. 2021
    Annual accounts 20212 M €
  6. 2020
    Annual accounts 20201,9 M €
  7. 2019
    Annual accounts 20191,9 M €
  8. 13/06/2017
    IncorporationPrivate limited company