ACTIVE

SEC

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Financial year 2025 · closed on 31/12/2025

Net result

76,7 k €

+192.7% YoY

Gross margin

154,6 k €

+91.3% YoY

Equity

296,8 k €

+34.9% YoY

What does SEC do?

SEC is a Private limited company incorporated in 2009. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Grimbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0819.499.649

Incorporation

09/10/2009

Legal form

Private limited company

Registered office

Kareelbakkerijstraat 23
1853 Grimbergen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.70200Management consultancy activities 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	154,6 k €	+91.3%	80,8 k €	-38.0%	130,3 k €	+65.4%	78,8 k €	-57.7%	186,4 k €	+207%	60,7 k €	-27.0%	83,1 k €	+23.6%	67,2 k €	+15.7%	58,1 k €	-20.5%	73,1 k €	+17.6%	62,1 k €	+45.7%	42,7 k €	+44.4%	29,6 k €	-30.9%	42,8 k €	-37.2%	68,1 k €
EBITDA	148,7 k €	+93.2%	77 k €	-37.6%	123,3 k €	+79.9%	68,6 k €	-62.8%	184,1 k €	+239%	54,3 k €	-4.5%	56,8 k €	-8.1%	61,9 k €	+10.3%	56,1 k €	-21.0%	71 k €	+17.8%	60,3 k €	+47.0%	41 k €	+52.5%	26,9 k €	-35.6%	41,7 k €	-35.8%	65,1 k €
Operating result	122,9 k €	+139%	51,4 k €	-47.4%	97,8 k €	+123%	43,8 k €	-72.1%	157,1 k €	+444%	28,9 k €	-8.1%	31,4 k €	-9.9%	34,9 k €	+49.4%	23,4 k €	-41.9%	40,2 k €	-4.8%	42,2 k €	+138%	17,7 k €	+614%	-3,4 k €	-113%	25,6 k €	+227%	-20,1 k €
Net result	76,7 k €	+193%	26,2 k €	-51.8%	54,4 k €	+182%	19,3 k €	-79.8%	95,4 k €	+1163%	7,6 k €	+12.3%	6,7 k €	-37.0%	10,7 k €	+882%	1,1 k €	-93.6%	16,9 k €	-18.9%	20,9 k €	+1004%	-2,3 k €	+93.7%	-36,8 k €	-306%	17,9 k €	+174%	-24,1 k €
Balance sheet
Equity	296,8 k €	+34.9%	220,1 k €	+13.5%	193,9 k €	+39.0%	139,4 k €	+16.0%	120,2 k €	+386%	24,7 k €	+44.0%	17,2 k €	+64.3%	10,5 k €	+4882%	-218,8 €	+83.3%	-1,3 k €	+92.8%	-18,2 k €	+53.4%	-39,1 k €	-6.3%	-36,8 k €	-544024%	6,8 €	+100%	-17,9 k €
Total assets	464,9 k €	+9.7%	423,6 k €	-15.0%	498,2 k €	+0.8%	494,1 k €	+6.9%	462,1 k €	-1.3%	468,1 k €	-13.4%	540,3 k €	+0.4%	538,2 k €	+0.8%	533,7 k €	+12.9%	472,5 k €	+24.5%	379,6 k €	+4.5%	363,4 k €	-21.7%	464 k €	+141%	192,5 k €	+48.1%	130 k €
Cash	76,5 k €	+690%	9,7 k €	-81.1%	51,4 k €	+115%	23,9 k €		–		19,5 k €	-17.2%	23,6 k €	+958%	2,2 k €	-77.0%	9,7 k €	-66.0%	28,5 k €	+17.1%	24,4 k €	-48.9%	47,7 k €	-78.3%	219,4 k €	+1157%	17,5 k €	-73.3%	65,4 k €
Debts	168,1 k €	-17.4%	203,5 k €	-33.1%	304,3 k €	-14.2%	354,7 k €	+3.7%	342 k €	-22.9%	443,4 k €	-15.2%	523,1 k €	-0.9%	527,7 k €	-1.2%	533,9 k €	+12.7%	473,8 k €	+19.1%	397,8 k €	-1.1%	402,4 k €	-19.6%	500,5 k €	+160%	192,5 k €	+30.2%	147,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Luc Thienpondt

Director

Active

Ended mandates

Luc Thienpondt

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
PLAN A ARCHITECTENBUREAU● Active	0880.360.815

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/08/2026	31/10/2025	13/06/2024	17/10/2023	24/10/2022	03/01/2022
General meeting	30/06/2026	30/10/2025	06/06/2024	12/10/2023	17/10/2022	29/12/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	12/08/2026	Dutch	PDF
Micro model	31/12/2024	30/10/2025	31/10/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	13/06/2024	Dutch	PDF
Micro model	31/12/2022	12/10/2023	17/10/2023	Dutch	PDF
Micro model	31/12/2021	17/10/2022	24/10/2022	Dutch	PDF
Micro model	31/12/2020	29/12/2021	03/01/2022	Dutch	PDF
Abridged model	31/12/2019	23/09/2020	06/10/2020	Dutch	PDF
Abridged model	31/12/2018	13/01/2020	22/01/2020	Dutch	PDF
Abridged model	31/12/2017	26/09/2018	01/10/2018	Dutch	PDF
Abridged model	31/12/2016	27/09/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	27/09/2016	04/10/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	25/09/2014	Dutch	PDF
Abridged model	30/09/2012	31/03/2013	29/04/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	27/04/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Luc Thienpondt

Director

Active

Ended mandates

Luc Thienpondt

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other04/11/2014
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other12/09/2014
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other20/10/2009
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 202576,7 k €↑
2024
Annual accounts 202426,2 k €↓
2023
Annual accounts 202354,4 k €↑
2022
Annual accounts 202219,3 k €↓
2021
Annual accounts 202195,4 k €↑
2020
Annual accounts 20207,6 k €↑
2019
Annual accounts 20196,7 k €↓
2018
Annual accounts 201810,7 k €↑
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 201616,9 k €↓
2015
Annual accounts 201520,9 k €↑
2014
Annual accounts 2014-2,3 k €↑
2013
Annual accounts 2013-36,8 k €↓
2012
Annual accounts 201217,9 k €↑
2011
Annual accounts 2011-24,1 k €
09/10/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SEC

Overview

What does SEC do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline