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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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SECO BELGIUM from Brussel, company number BE0680633657, closed financial year 2025 with a result of € 2.4 million after tax. For that financial year SECO BELGIUM recorded revenue of € 38.2 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 2.8 million to € 2.4 million. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 2.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.4 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.4 million paid out
100 % of the profit went to the shareholders, mostly to SECO GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
203.3
▲ 8.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 24.8 million
▲ 6% vs 2024
€ 122,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,188
▲ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 319,598
▲ 19% vs 2024
Loans from banks and other lenders, long and short.
€ 1.8 million
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 6.7 million
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,589,783 | € 33,143,985 | € 35,879,924 | € 38,160,118 | ▲ 6% |
| Profit after taxes | € 3,082,608 | € 1,957,842 | € 2,780,060 | € 2,350,642 | ▼ 15% |
| Equity | € 2,708,684 | € 2,708,684 | € 2,708,684 | € 2,708,684 | |
| Total debts | € 17,570,743 | € 16,211,940 | € 16,124,144 | € 16,480,307 | ▲ 2% |
| Cash | € 5,076,875 | € 5,711,904 | € 5,702,712 | € 4,318,665 | ▼ 24% |
| Retained profit | € 246,244 | € 246,244 | € 246,244 | € 246,244 | |
| Dividend | € 3,037,109 | € 1,957,842 | € 2,780,060 | € 2,350,642 | ▼ 15% |
| Bank debt | € 1,365,403 | € 795,434 | € 267,898 | € 319,598 | ▲ 19% |
| Balance sheet total | € 20,499,318 | € 19,157,915 | € 19,056,620 | € 19,407,512 | ▲ 2% |
| Employees (FTE) | 187.7 | 189.7 | 194.7 | 203.3 | ▲ 8.6 |
Key figures of SECO BELGIUM, 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 SECO BELGIUM?
What happened at SECO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- B.H. Group SA stepped down as director. NBB
- Kyokan BV stepped down as director. NBB
- FFlow CommV stepped down as director. NBB
- LO-CONSULT stepped down as director. NBB
- LSQUARE ARCHITECTURE stepped down as director. NBB
- Asa Decorte stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.4 million (▼ 15% vs 2024). Source: NBB ↗
- B.H. Group SA became a director. NBB
In short
From € 3.1 million profit in 2022 to € 2.4 million profit in 2025.
Paid € 4.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.1 million profit.
Paid out € 10.1 million in dividends to the owners in total.
A new publication or filing at SECO BELGIUM? We notify you, reason included.
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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
The stake of SECO GROUP, BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SECO BELGIUMThe shares are held by SECO GROUP (100%) and BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION (0%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Folens
Also active at: BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION, BV Asphalt, STADSBADER CONTRACTORS, Stadsbader Rail
since 2023 · until 2027
Director · represented by Renaud Chevalier
Also active at: BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION, IMMO SECO, SECO GROUP, SECO SURVEY
since 2023 · until 2027
Director · represented by Bernard Heiderscheidt
Also active at: J. Van Hemelen, Keuringsorganisme - J. Van Hemelen Organisme de Contrôle, DOKO, Belgian Construction Certification Association, HIDES CONSULT, SECO MANCO, IMMO SECO, SECO GROUP, SECO BELGIUM ASBL +1 more
since 2025 · until 2029
Asa Decorte
Director
since 2023 · until 2027
Director · represented by Jan Van Steirteghem
Also active at: BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION, N.V. BESIX S.A., BESIX Environment, aug.e, SECO GROUP
since 2025 · until 2029
Director · represented by Frederik Foncke
Also active at: J. Van Hemelen, Keuringsorganisme - J. Van Hemelen Organisme de Contrôle, DOKO, Belgian Construction Certification Association, HIDES CONSULT, SECO GROUP, SECO BELGIUM VZW, SECO SURVEY
since 2024 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koloniënstraat 56 box 10
1000 Brussel
Hermeslaan 9
1831 Machelen (Brab.)
Active since 1 September 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION same network
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+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.633.657
- VAT number
- BE 0680.633.657
- Registered office
- Koloniënstraat 56 bus 10, 1000 Brussel
- Names & denominations
- SECO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2017
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
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