ACTIVE

SECUTEC

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Financial year 2025 · closed on 30/06/2025

Net result

-5,0 M €

-262.5% YoY

Revenue

11,7 M €

-38.1% YoY

Equity

1,5 M €

-83.8% YoY

Workforce

64,2 ETP

+12.2% YoY

What does SECUTEC do?

SECUTEC is a Private limited company incorporated in 2005. Its main activity is: Computer programming activities. Its registered office is in Aartselaar. It employs on average 64,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.719.463

Incorporation

25/08/2005

Legal form

Private limited company

Registered office

Boomsesteenweg 41 box 11
2630 Aartselaar · FlandreSee on map

Contributed capital

60 000,00 €

Latest accounts

30/06/2025

Average workforce

64,2 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities 72500Scientific research and development 95100Repair of computers and communication equipment 95110Repair of computers and peripheral equipment+9

Joint committees (5)

100
1000
200
2000
218

Signals

Low riskGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Revenue	11,7 M €	-38.1%	18,9 M €	+2.7%	18,4 M €	+15.0%	16,0 M €		–		–		–		–		–		–		–		–		–		2,1 M €	+39.0%	1,5 M €	+39.3%	1,1 M €
EBITDA	-4,7 M €	-222%	3,8 M €	+12.9%	3,4 M €	+21.3%	2,8 M €	+449%	508,7 k €	+66.8%	304,9 k €	+77.0%	172,2 k €	-7.3%	185,9 k €	-54.5%	408,1 k €	-36.6%	643,7 k €	+226%	-510,3 k €	-821%	-55,4 k €	-132%	170,8 k €	+111%	81,1 k €	-8.4%	88,6 k €	+17.5%	75,4 k €
Operating result	-4,9 M €	-233%	3,7 M €	+14.0%	3,2 M €	+20.8%	2,7 M €	+477%	464,3 k €	+82.5%	254,4 k €	+144%	104,3 k €	-25.7%	140,4 k €	-61.6%	365,7 k €	-39.7%	606,5 k €	+206%	-572,7 k €	-443%	-105,4 k €	-186%	122,7 k €	+154%	48,3 k €	-5.1%	50,9 k €	+98.0%	25,7 k €
Net result	-5,0 M €	-263%	3,1 M €	+30.2%	2,4 M €	+24.0%	1,9 M €	+604%	271,9 k €	+365%	58,5 k €	+199%	19,6 k €	-26.2%	26,5 k €	-85.5%	182,7 k €	-62.7%	490,1 k €	+175%	-655,4 k €	-349%	-146,1 k €	-549%	32,5 k €	+102%	16,1 k €	-10.0%	17,9 k €	+7.1%	16,7 k €
Balance sheet
Equity	1,5 M €	-83.8%	9,0 M €	+52.5%	5,9 M €	+48.5%	4,0 M €	+576%	586,2 k €	+86.5%	314,3 k €	+22.9%	255,8 k €	+8.3%	236,2 k €	+196%	79,7 k €	+177%	-103,0 k €	+82.6%	-593,1 k €	-1051%	62,4 k €	-70.1%	208,4 k €	+18.5%	175,9 k €	+194%	59,8 k €	-10.6%	66,9 k €
Total assets	26,3 M €	+81.4%	14,5 M €	+47.9%	9,8 M €	+62.3%	6,0 M €	+58.6%	3,8 M €	-4.0%	4,0 M €	+69.2%	2,3 M €	-35.0%	3,6 M €	+246%	1,0 M €	-24.1%	1,4 M €	+8.0%	1,3 M €	-37.6%	2,0 M €	+28.4%	1,6 M €	+107%	764,9 k €	+40.0%	546,5 k €	+34.2%	407,2 k €
Cash	2,1 M €	+1617%	120,3 k €	-95.2%	2,5 M €	+82.2%	1,4 M €	+344%	309,3 k €	+205%	101,4 k €	+33.9%	75,7 k €	-69.1%	245,2 k €	+166%	92,2 k €	+307%	22,7 k €	+26.9%	17,9 k €	-5.9%	19,0 k €	+217%	6,0 k €	-94.0%	100,3 k €	+16501%	604,2 €	-98.4%	37,1 k €
Debts	5,9 M €	+34.3%	4,4 M €	+36.6%	3,2 M €	+75.2%	1,8 M €	+33.1%	1,4 M €	-14.7%	1,6 M €	+77.0%	908,7 k €	-46.2%	1,7 M €	+76.1%	959,8 k €	-32.6%	1,4 M €	-23.6%	1,9 M €	-5.5%	2,0 M €	+51.8%	1,3 M €	+120%	588,9 k €	+21.0%	486,7 k €	+43.0%	340,3 k €
Other
Workforce	64,2 ETP	+12.2%	57,2 ETP	+13.5%	50,4 ETP	+22.0%	41,3 ETP	+132%	17,8 ETP	+39.1%	12,8 ETP	+9.4%	11,7 ETP	+11.4%	10,5 ETP	+25.0%	8,4 ETP	-10.6%	9,4 ETP	-21.0%	11,9 ETP	-8.5%	13,0 ETP	+83.1%	7,1 ETP	+91.9%	3,7 ETP	0.0%	3,7 ETP	+118%	1,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 11 ended

Active mandates

FOURSEC

Director · since 29 février 2024 · 0733.611.493

Represented by Bart De Maeyer

Active

HIGHBURY

Director · since 29 février 2024 · 0832.137.660

Represented by Joris ROME

Active

INVENTYS

Director · since 29 février 2024 · 0809.462.327

Represented by Geert Baudewijns

Active

Ended mandates

FOURSEC

Director · since 29 février 2024 · 0733.611.493

Represented by Bart DE MAEYER

Ended

INVENTYS

Manager · since 01 juillet 2011 · 0809.462.327

Represented by Geert Nico Baudewijns

Ended

INVENTYS

Director · since 01 juillet 2011 · 0809.462.327

Represented by Baudewijns GEERT

Ended

INVENTYS

Manager · since 01 juillet 2011 · 0809.462.327

Represented by Geert Baudewijns

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/02/2026	23/01/2025	05/09/2023	22/12/2022	27/08/2021	12/10/2020
General meeting	06/02/2026	15/01/2025	21/08/2023	05/12/2022	26/08/2021	01/10/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	06/02/2026	12/02/2026	Dutch	PDF
Full model	30/06/2024	15/01/2025	23/01/2025	Dutch	PDF
Full model	30/06/2023	21/08/2023	05/09/2023	Dutch	PDF
Abridged model	30/06/2022	05/12/2022	22/12/2022	Dutch	PDF
Abridged model	30/06/2021	26/08/2021	27/08/2021	Dutch	PDF
Abridged model	30/06/2020	01/10/2020	12/10/2020	Dutch	PDF
Abridged model	30/06/2019	27/09/2019	23/10/2019	Dutch	PDF
Abridged model	30/06/2018	03/12/2018	04/12/2018	Dutch	PDF
Abridged model	30/06/2017	04/12/2017	29/01/2018	Dutch	PDF
Abridged model	30/06/2016	09/09/2016	28/09/2016	Dutch	PDF
Abridged model	30/06/2015	18/09/2015	22/09/2015	Dutch	PDF
Abridged model	30/06/2014	24/07/2014	25/07/2014	Dutch	PDF
Abridged model	30/06/2013	10/01/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	26/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	08/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	20/08/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	15/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	01/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 3 active · 11 ended

Active mandates

FOURSEC

Director · since 29 février 2024 · 0733.611.493

Represented by Bart De Maeyer

Active

HIGHBURY

Director · since 29 février 2024 · 0832.137.660

Represented by Joris ROME

Active

INVENTYS

Director · since 29 février 2024 · 0809.462.327

Represented by Geert Baudewijns

Active

Ended mandates

FOURSEC

Director · since 29 février 2024 · 0733.611.493

Represented by Bart DE MAEYER

Ended

INVENTYS

Manager · since 01 juillet 2011 · 0809.462.327

Represented by Geert Nico Baudewijns

Ended

INVENTYS

Director · since 01 juillet 2011 · 0809.462.327

Represented by Baudewijns GEERT

Ended

INVENTYS

Manager · since 01 juillet 2011 · 0809.462.327

Represented by Geert Baudewijns

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/01/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other14/01/2013
BOEKJAAR
PDF
Mandates25/07/2011
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office17/08/2010
Uittreksel uit de Algemene Vergadering inzake de zetelverplaatsing |
PDF
Capital / shares26/01/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/10/2008
ALGEMENE VERGADERING - ONTSLAGEN - BENOEMINGEN
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 2025-5,0 M €↓
2024
Annual accounts 20243,1 M €↑
2023
Annual accounts 20232,4 M €↑
2022
Annual accounts 20221,9 M €↑
2020
Annual accounts 2020271,9 k €↑
2019
Annual accounts 201958,5 k €↑
2018
Annual accounts 201819,6 k €↓
2017
Annual accounts 201726,5 k €↓
2015
Annual accounts 2015182,7 k €↓
2014
Annual accounts 2014490,1 k €↑
2013
Annual accounts 2013-655,4 k €↓
2011
Annual accounts 2011-146,1 k €↓
2010
Annual accounts 201032,5 k €↑
2009
Annual accounts 200916,1 k €↓
2008
Annual accounts 200817,9 k €↑
2007
Annual accounts 200716,7 k €
25/08/2005
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

SECUTEC

Overview

What does SECUTEC do?

Trend over 16 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