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AUTOMATION COMFORT SECURITY SYSTEMS

Active
Public limited companyfounded 1994active for 32 yearsZuidlaan 153, 9230 Wetteren, BelgiumKBO/BCE: BE 0453.497.368
Summary

AUTOMATION COMFORT SECURITY SYSTEMS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €265,843 and a net result of -€16,756. Equity is growing by about 6.8% per year across the filed financial years. Its solvency ranks better than 35% of 9,087 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Wholesale of electrical equipment, including installation materials
NACE 46643
1 site
Size
€859,347total assets 2024
Staff
3 FTE
Equity
€265,843
Loss
-€16,756
Turnover not published (abbreviated format)
Financial health
64 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Accounts 70 days overdue0 of 5 deeds read
Why 64raises riskFigures for financial year 2024 (filed 29-08-2025)Liquidity: current ratio 1.76, cash €40,615, halvedlowers riskFounded in 1994Size: 3 FTE, total assets €859,347Show the evidence

Checked score

Score 2024
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Average
Solvency 56-6
equity 30.9% of total assets
Liquidity 28-13
short-term debt 53.9% · cash 4.7%
Profitability 66+9
return on assets -1.9%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.3%▼ -0.3 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.3%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.76, compared with 1.96 in 2023; short-term debt: 53.9% and cash: 4.7% of total assets), but 69.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 41% on solvency, 26% on liquidity, 48% on profitability and 30% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 29-08-2025)
NBB · annual accounts
lowers risk · Founded in 1994
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: 3 FTE, total assets €859,347
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.76, cash €40,615, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€16,756
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 days late
2023
on the day
2022
3 days early
2021
2 days late
2020
1 day early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Weakest financial yearnet -€28,490

Key points

  • Caution: Among the weakest 17% on net resultsector median €40,076 · 9,082 companies -€16,756 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€16,756 View

By topic

Financials

Financial year
2024
Total assets
€859,347
Loss
-€16,756
Solvency
30.9%
Total assets▲ 11.5%
Net result
20182024
Go to Financials

Timeline

Events
33
Since
1996
  1. 28-07-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 31-12-2022Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643
Founded
23-09-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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