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 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SECUREX WATERSPORTBAAN from Etterbeek, company number BE0841906847, closed financial year 2025 with a result of € 327,985 after tax. For that financial year SECUREX WATERSPORTBAAN recorded a gross margin of € 1.7 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € -111,326 to € 327,985. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 6.6 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 327,985
▲ still € 111,326 loss in 2024
Profit after tax over the fiscal year.
€ 6,423
▼ 97% 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 € -3.5 million.
People and assets in 2025
€ 434,801
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19.2 million
▼ 4% vs 2024
€ 774,182 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 162,955
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,723,111 | € 1,503,565 | € 1,686,623 | ▲ 12% |
| Profit after taxes | € -313,402 | € -111,326 | € 327,985 | ▲ € 439,311 |
| Equity | € 6,432,603 | € 6,321,277 | € 6,649,262 | ▲ 5% |
| Total debts | € 23,772,337 | € 23,413,836 | € 23,467,082 | |
| Cash | € 252,748 | € 252,843 | € 6,423 | ▼ 97% |
| Land & buildings | € 29,276,660 | € 28,487,063 | € 28,843,326 | ▲ 1% |
| Retained profit | € -3,690,419 | € -3,801,745 | € -3,473,760 | ▲ € 327,985 |
| Bank debt | € 22,377,180 | € 19,884,310 | € 19,168,029 | ▼ 4% |
| Balance sheet total | € 30,568,935 | € 30,099,108 | € 30,200,339 |
Key figures of SECUREX WATERSPORTBAAN, fiscal years 2023 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 SECUREX WATERSPORTBAAN?
What happened at SECUREX WATERSPORTBAAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GSV CONSULT BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 327,985. Source: NBB ↗
- ASSINCO BVBA stepped down as director. NBB
- SECUREX ARBEIDSONGEVALLEN stepped down as director. NBB
- EY Bedrijfsrevisoren BV (B 00160) stepped down as director. NBB
- ALAIN BRAIVE stepped down as director. NBB
- GSV CONSULT BVBA became a director. NBB
- ASSINCO BVBA became a director. NBB
In short
From € 313,402 loss in 2023 to € 327,985 profit in 2025.
Best year ever: 2025, with € 327,985 profit.
Management
Directors
According to the 2025 annual accounts
Director · represented by SERGE DEMOULIN
Also active at: Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex, Securex ICT, SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN, SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX, Groep Securex - Groupe Securex, SECUREX INVEST, SECUREX CONSULT, CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX +12 more
since 2023 · until 2026
Vice-chairman of the board · represented by GUY SAVOIR
Also active at: Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex, Securex ICT, SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN, SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX, Groep Securex - Groupe Securex, SECUREX INVEST, SECUREX CONSULT, CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX +16 more
since 2024 · until 2027
Director · represented by PIERRE PRINCEN
since 2023 · until 2026
EY Bedrijfsrevisoren BV (B 00160)
Registered auditor · represented by Christel Weymeersch
Also active at: SIBELGA, SERVICE D'AIDE A DOMICILE, Centre Medico Social du Tournaisis, SERVICE D'ACCUEILLANTES D'ENFANTS CONVENTIONNEES, A.VOGEL, BMC Software Belgium, JSA, Dynaco Europe +30 more
since 2023 · until 2026
ALAIN BRAIVE
Director
Also active at: Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex, SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX, Groep Securex - Groupe Securex, SECUREX INVEST, SECUREX CONSULT, CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX, BVI.EU, HAPPY GENERATION PROPERTY +13 more
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 43
1040 Etterbeek
Frankrijklei 53-55
2000 Antwerpen
Active since 16 December 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex same network
€ 103.5 million revenue · 2025
Securex ICT same network
€ 47.1 million revenue · 2025
SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN same network
€ 23.5 million revenue · 2025
SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX same network
€ 58 million revenue · 2025
Groep Securex - Groupe Securex same network
€ 63.1 million revenue · 2025
+24 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
- 0841.906.847
- VAT number
- BE 0841.906.847
- Registered office
- Tervurenlaan 43, 1040 Etterbeek
- Names & denominations
- SECUREX WATERSPORTBAAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2011
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed