Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2016 to 2025 closed with a loss. 2016 was the heaviest.
The last five annual accounts were filed 16 to 57 days before the end of the period.
Less equity than 89% of companies in wholesale trade. Sector median €58,174 · 15,461 companies.
In July 2024, 2,792 companies had the same profile as All Over Security has now. Each dot stands for 7 companies, two years later.
Another 1.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,792 companies, not a prediction for All Over Security. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| All Over Security Waterloo | €114,693 | - | -29.5% | - |
| GALAXY - TECH Ottignies-Louvain-la-Neuve | €98,607 | €2,254 | 81.4% | - |
| LAUMAT Antwerp | €80,294 | €4,016 | -63.8% | - |
| QUALIMAT Antwerp | €172,804 | -€41,571 | -45.8% | - |
| SIDELCO Beveren-Kruibeke-Zwijndrecht | €184,703 | €73,525 | 74.1% | - |
| Victor Raemdonck Brussels | €179,724 | €9,288 | 78.4% | - |
| FORINTEC INTERNATIONAL Niel | €204,859 | €10,366 | -120.2% | - |
These companies have the same main activity as All Over Security: wholesale trade (NACE 46841). They are comparable in size and age: total assets between €80,300 and €205,000, founded between 1980 and 1989.
All Over Security has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€33,867) and a net result of -€3,317.
Equity has been shrinking by about 14% per year since 2018. Its solvency ranks better than 14% of 15,428 sector peers (NACE 46, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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