Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SECOVA from Alveringem, company number BE0448158311, closed financial year 2025 with a result of € 116,349 after tax. For that financial year SECOVA recorded a gross margin of € 231,484 and equity of € 812,484. Compared with financial year 2024, the result moved from € 122,591 to € 116,349. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 812,484
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,349
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 171,479
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 794,658.
Debts at end 2025
€ 193,534
▼ 33% vs 2024
€ 57,173 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 316,689
▲ € 270,780 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,458
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 152,294 | € 250,692 | € 232,219 | € 231,484 | |
| Profit after taxes | € 53,587 | € 133,030 | € 122,591 | € 116,349 | ▼ 5% |
| Equity | € 459,114 | € 573,544 | € 696,135 | € 812,484 | ▲ 17% |
| Total debts | € 681,256 | € 521,852 | € 398,320 | € 544,292 | ▲ 37% |
| Cash | € 273,614 | € 200,939 | € 163,610 | € 171,479 | ▲ 5% |
| Land & buildings | € 187,688 | € 167,832 | € 147,977 | € 128,121 | ▼ 13% |
| Retained profit | € 440,514 | € 573,544 | € 696,135 | € 794,658 | ▲ 14% |
| Dividend | € 30,003 | € 18,600 | € 0 | € 0 | |
| Bank debt | € 394,442 | € 411,272 | € 289,938 | € 193,534 | ▼ 33% |
| Balance sheet total | € 1,143,774 | € 1,098,552 | € 1,097,019 | € 1,358,903 | ▲ 24% |
Key figures of SECOVA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SECOVA?
What happened at SECOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,349 (▼ 5% vs 2024). filed late Source: NBB ↗
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,587 profit in 2022 to € 116,349 profit in 2025.
Paid € 112,437 in corporate taxes since 2022.
Best year ever: 2023, with € 133,030 profit.
Paid out € 48,603 in dividends to the owners in total.
Management
Behind SECOVA is Carmen Lagatie. Carmen Lagatie is also behind Inagro, provinciaal extern verzelfstandigd agentschap in privaatrechtelijke vorm.
Directors
According to the 2025 annual accounts
Carmen Lagatie
Manager
Also active at: Inagro, provinciaal extern verzelfstandigd agentschap in privaatrechtelijke vorm
Establishments
Establishment units
Physical locations of this company
Kerselaarstraat 3
8691 Alveringem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.158.311
- VAT number
- BE 0448.158.311
- Registered office
- Kerselaarstraat 3, 8691 Alveringem
- Names & denominations
- SECOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1992
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij