Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SECOND from Beveren-Kruibeke-Zwijndrecht, company number BE0478897710, closed financial year 2025 with a result of € 41,037 after tax. For that financial year SECOND recorded a gross margin of € 84,428 and equity of € -35,856. Compared with financial year 2024, the result moved from € 26,101 to € 41,037. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -35,856
▲ € 41,037 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,037
▲ 57% vs 2024
Profit after tax over the fiscal year.
€ 80,424
▼ 40% 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 € -85,856.
People and assets in 2025
€ 5,820
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,628
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,034
▲ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,028 | € 87,131 | € 70,459 | € 84,428 | ▲ 20% |
| Profit after taxes | € 58,388 | € 45,749 | € 26,101 | € 41,037 | ▲ 57% |
| Equity | € -148,743 | € -102,995 | € -76,894 | € -35,856 | ▲ € 41,037 |
| Total debts | € 423,584 | € 367,492 | € 296,435 | € 164,858 | ▼ 44% |
| Cash | € 130,894 | € 143,136 | € 133,173 | € 80,424 | ▼ 40% |
| Land & buildings | € 102,661 | € 77,026 | € 51,391 | € 25,756 | ▼ 50% |
| Retained profit | € -198,743 | € -152,995 | € -126,894 | € -85,856 | ▲ € 41,037 |
| Bank debt | € 120,868 | € 105,070 | € 86,927 | € 0 | ▼ 100% |
| Balance sheet total | € 274,840 | € 264,497 | € 219,541 | € 129,001 | ▼ 41% |
Key figures of SECOND, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SECOND?
What happened at SECOND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,037 (▲ 57% vs 2024). Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Ann Suy became a director. NBB
- Start of the company according to the CBE. KBO
- Jan Staut became a director. NBB
In short
From € 58,388 profit in 2022 to € 41,037 profit in 2025.
Paid € 2,928 in corporate taxes since 2022.
Best year ever: 2022, with € 58,388 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Ann Suy
Director
since 2002
Jan Staut
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Vrasenestraat(BEV) 35 box 101
9120 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.897.710
- VAT number
- BE 0478.897.710
- Registered office
- Vrasenestraat(BEV) 35 bus 101, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- SECOND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2002
- Peppol
- Active · Active since 30 Jan 2025
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