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B&B Security

Active
Private limited companyfounded 2008active for 18 yearsLovenjoelsestraat 33, 3360 Bierbeek, BelgiumKBO/BCE: BE 0899.598.487
Summary

B&B Security has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491,173 and a net result of €99,743. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 45% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 01-08-2008 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2024
Establishment unit
2.172.281.544 3360 Bierbeek, since 01-08-2008
Financial year end
31 December
Peppol
Reachable since 25-11-2024

Board and ownership

Last known board

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€685,992
▲ 17.3%
Turnover
≈ €1.5m
estimated
Profit
€99,743
▲ 17.3%
Equity
€491,173
▲ 25.5%
Total assets
€1.2m
▲ 112%
Employees on 31-12-2025
9
▼ 10.0%
  • 2025 accounts filed 12 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.82, cash €28,970, halvedlowers riskFounded in 2008Profit of €99,743 (financial year 2025)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 65-28
equity 40.1% of total assets
Liquidity 52-14
short-term debt 11.0% · cash 2.4%
Profitability 79-8
return on assets 8.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (3.78 in 2024), above the usual 1.5. Short-term debt is 11% and cash 2.4% of total assets. However, 59.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 43% of them on solvency, 47% on liquidity, 57% on profitability and 72% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €99,743 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.82, cash €28,970, halved
NBB · annual accounts
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
12 days late
2024
28 days early
2023
30 days late
2022
23 days late
2021
25 days late
2020
61 days late
2019
67 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 12 days after the deadline Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393952.

Annual accounts 2025 filed on 12-08-2026 at the NBB all 17 filings

Turnover
≈ €1.5m
Estimated: probably between €1.3m and €1.9m
Total assets
€1.2m▲ 112%
2024 · €577,662
Net result
€99,743▲ 17.3%
2024 · €85,000
Working capital
€110,526▼ 23.7%
2024 · €144,767
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€186,346
▲ 26.3% 2025
20182025
Net result
€99,743
▲ 17.3% 2025
middle half of the sector
20182025
Equity
€491,173
▲ 25.5% 2025
middle half of the sector
20182025
Total assets
€1.2m
▲ 112% 2025
middle half of the sector
20182025
Debt
€732,339
▲ 293% 2025
20182025
Working capital
€110,526
▼ 23.7% 2025
middle half of the sector
20182025
Solvency
40.1%
▼ 27.6pp 2025
middle half of the sector
20182025
Current ratio
1.82
▼ 1.95 2025
middle half of the sector
20182025
Return on assets (ROA)
8.2%
▼ 6.6pp 2025
middle half of the sector
20182025
Staff (FTE)
7.9
▲ 8.2% 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.03m▼ 14.8%€0.09m▲ 254%€0.05m▼ 50.5%€0.1m▲ 142%€0.04m▼ 68.0%€0.1m▲ 314%€0.2m▲ 26.3%
Net result€0.02m-€0.006m▼ 70.0%€0.05mwithin the sector's middle half▲ 775%€0.02mwithin the sector's middle half▼ 58.1%€0.08mwithin the sector's middle half▲ 250%€0.02mwithin the sector's middle half▼ 77.9%€0.09mwithin the sector's middle half▲ 400%€0.1mwithin the sector's middle half▲ 17.3%
Equity€0.1m-€0.1m▲ 4.5%€0.2mwithin the sector's middle half▲ 38.1%€0.2mwithin the sector's middle half▲ 11.6%€0.3mwithin the sector's middle half▲ 36.2%€0.3mwithin the sector's middle half▲ 5.9%€0.4mwithin the sector's middle half▲ 27.7%€0.5mwithin the sector's middle half▲ 25.5%
Total assets€0.4m-€0.4m▲ 3.1%€0.5mwithin the sector's middle half▲ 9.9%€0.5mwithin the sector's middle half▼ 6.4%€0.6mwithin the sector's middle half▲ 19.4%€0.6mwithin the sector's middle half▲ 0.6%€0.6mwithin the sector's middle half▲ 4.3%€1.2mwithin the sector's middle half▲ 112%
Debt€0.3m-€0.3m▲ 2.5%€0.3m▼ 2.6%€0.2m▼ 17.7%€0.3m▲ 5.0%€0.2m▼ 5.2%€0.2m▼ 24.8%€0.7m▲ 293%
Working capital€0.009m-€0.002m▼ 75.6%€0.02mbelow the sector's middle half▲ 725%€0.07mwithin the sector's middle half▲ 284%€0.1mwithin the sector's middle half▲ 60.4%€0.1mwithin the sector's middle half▲ 11.3%€0.1mwithin the sector's middle half▲ 20.4%€0.1mwithin the sector's middle half▼ 23.7%
Solvency30.4%-30.8%▲ 0.4pp38.7%within the sector's middle half▲ 7.9pp46.1%within the sector's middle half▲ 7.4pp52.6%within the sector's middle half▲ 6.5pp55.3%within the sector's middle half▲ 2.7pp67.8%above the sector's middle half▲ 12.5pp40.1%within the sector's middle half▼ 27.6pp
Current ratio1.08-1.01▼ 0.061.11below the sector's middle half▲ 0.101.63within the sector's middle half▲ 0.522.15within the sector's middle half▲ 0.522.90within the sector's middle half▲ 0.753.78above the sector's middle half▲ 0.881.82within the sector's middle half▼ 1.95
Return on assets (ROA)4.6%-1.3%▼ 3.3pp10.7%within the sector's middle half▲ 9.3pp4.8%within the sector's middle half▼ 5.9pp14.0%above the sector's middle half▲ 9.2pp3.1%within the sector's middle half▼ 10.9pp14.7%above the sector's middle half▲ 11.6pp8.2%within the sector's middle half▼ 6.6pp
Staff (FTE)3.8-4.3▲ 13.2%5.5within the sector's middle half▲ 27.9%5.7within the sector's middle half▲ 3.6%6.7within the sector's middle half▲ 17.5%7within the sector's middle half▲ 4.5%7.3within the sector's middle half▲ 4.3%7.9within the sector's middle half▲ 8.2%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 26% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €978,876 ▲ 157%
Current assets €244,636 ▲ 24.2%
Equity and liabilities €1.2m
Equity €491,173 ▲ 25.5%
Debt €732,339 ▲ 293%
Debt's share of the balance-sheet total rises from 32.2% to 59.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€281,271▲
2024 · €209,409
Cash flow
€194,669▲
2024 · €146,906
Quick ratio
1.24▼
2024 · 1.94
Debt to equity
1.49▲
2024 · 0.48
ROE
20.3%▼
2024 · 21.7%
Interest coverage
13.40▲
2024 · 6.71
Debt ≤ 1 year
€134,110▲
2024 · €52,148
Debt > 1 year
€598,229▲
2024 · €134,085
Income taxes
€66,996▲
2024 · €33,177
Staff costs
€403,285▲
2024 · €375,345
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date789109
full-time56687
part-time22322
in full-time equivalents5.77.27.49.18.1
Average over the year, in full-time equivalents5.76.777.37.9
On a permanent contract57667
Joined-2---
Left-1---

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€21,609€103,693€78,644€72,148€693,054
Financial fixed assets----€0
Depreciation and write-downs of the year€50,651€42,251€60,473€61,906€94,925

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €2,000 awarded · €2,000 paid
Year Entries AwardedPaid
2025 1 €1,000€1,000
2024 1 €1,000€1,000
Schemes
2 entries · €2,000 · €2,000 paid · Departement Werk en Sociale Economie
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.6m€1.2m▲
Fixed assets21/28€0.4m€1.0m▲
Tangible fixed assets22/27€0.4m€1.0m▲
Land and buildings22€0.2m€0.7m▲
Plant, machinery and equipment23€0.03m€0.03m▲
Furniture and vehicles24€0.1m€0.2m▲
Other tangible fixed assets26€0.05m€0.04m▼
Current assets29/58€0.2m€0.2m▲
Stocks and contracts in progress3€0.1m€0.08m▼
Stocks30/36€0.1m€0.08m▼
Amounts receivable within one year40/41€0.03m€0.1m▲
Trade receivables40€0.03m€0.06m▲
Other amounts receivable41€6€0.07m▲
Cash at bank and in hand54/58€0.07m€0.03m▼
Equity and liabilities
Total equity and liabilities10/49€0.6m€1.2m▲
Equity10/15€0.4m€0.5m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.3m€0.4m▲
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€0.3m€0.4m▲
Profit (loss) carried forward14€0.03m€0.03m=
Amounts payable17/49€0.2m€0.7m▲
Amounts payable after more than one year17€0.1m€0.6m▲
Financial debts170/4€0.1m€0.6m▲
Amounts payable within one year42/48€0.05m€0.1m▲
Current portion of amounts payable after more than one year42-€0.09m
Trade debts44€0.01m€0.001m▼
Suppliers440/4€0.01m€0.001m▼
Taxes, remuneration and social security45€0.03m€0.04m▲
Taxes450/3€0.01m€0.01m▲
Remuneration and social security454/9€0.02m€0.02m▲
Other amounts payable47/48€0.008m€0▼
Income statement Code20242025
Remuneration, social security and pensions62€0.4m€0.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.09m▲
Other operating charges640/8-€0.001m
Gross operating margin9900€0.6m€0.7m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€0.002m€0.001m▼
Recurring financial income75€0.002m€0.001m▼
Financial charges65/66B€0.03m€0.02m▼
Recurring financial charges65€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€0.1m€0.2m▲
Income taxes67/77€0.03m€0.07m▲
Profit (loss) for the period9904€0.09m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.09m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.03m€0.03m=
Transfer to equity691/2€0.09m€0.1m▲
To other reserves6921€0.09m€0.1m▲
Social balance sheet
Average headcount (FTE)9087-7.9

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€264,712€320,746€354,790€375,345€403,285▲ 7.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,954€39,335€40,175€50,651€42,251€60,473€61,906€94,925▲ 53.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€799----
Other operating charges640/8---€1,192€610--€1,436-
Gross operating margin9900€217,248€255,739€389,113€362,700€475,924€450,931€584,754€685,992▲ 17.3%
Operating profit (loss)9901€30,938€26,355€93,169€46,146€111,519€35,668€147,504€186,346▲ 26.3%
Financial income75/76B---€29€337€805€1,904€1,384▼ 27.3%
Recurring financial income75-€2€3€29€337€805€1,904€1,384▼ 27.3%
Financial charges65/66B---€15,485€6,191€7,362€31,231€20,990▼ 32.8%
Recurring financial charges65€4,098€17,080€16,730€15,485€6,191€7,362€31,231€20,990▼ 32.8%
Profit (loss) for the period before taxes9903€26,839€9,277€76,443€30,690€105,665€29,111€118,177€166,740▲ 41.1%
Income taxes67/77€6,839€3,277€23,943€8,690€28,665€12,111€33,177€66,996▲ 102%
Profit (loss) for the period9904€20,000€6,000€52,500€22,000€77,000€17,000€85,000€99,743▲ 17.3%
Profit (loss) for the period to be appropriated9905€20,000€6,000€52,500€22,000€77,000€17,000€85,000€99,743▲ 17.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.4m€0.4m€0.5m€0.5m€0.6m€0.6m€0.6m€1.2m▲ 112%
Fixed assets21/28€0.3m€0.3m€0.3m€0.3m€0.3m€0.4m€0.4m€1.0m▲ 157%
Tangible fixed assets22/27€0.3m€0.3m€0.3m€0.3m€0.3m€0.4m€0.4m€1.0m▲ 157%
Land and buildings22---€0.2m€0.2m€0.2m€0.2m€0.7m▲ 248%
Plant, machinery and equipment23---€0.009m€0.02m€0.02m€0.03m€0.03m▲ 10.7%
Furniture and vehicles24---€0.04m€0.07m€0.1m€0.1m€0.2m▲ 95.2%
Other tangible fixed assets26---€0.01m€0.04m€0.04m€0.05m€0.04m▼ 15.7%
Current assets29/58€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 24.2%
Stocks and contracts in progress3€0.02m€0.04m€0.06m€0.1m€0.09m€0.1m€0.1m€0.08m▼ 18.4%
Stocks30/36---€0.1m€0.09m€0.1m€0.1m€0.08m▼ 18.4%
Amounts receivable within one year40/41€0.09m€0.08m€0.06m€0.05m€0.04m€0.07m€0.03m€0.1m▲ 394%
Trade receivables40---€0.05m€0.04m€0.05m€0.03m€0.06m▲ 128%
Other amounts receivable41---€57€57€0.02m€6€0.07m▲ 12,595×
Cash at bank and in hand54/58€0.01m€0.02m€0.06m€0.03m€0.07m€0.02m€0.07m€0.03m▼ 60.5%
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.4m€0.5m€0.5m€0.6m€0.6m€0.6m€1.2m▲ 112%
Equity10/15€0.1m€0.1m€0.2m€0.2m€0.3m€0.3m€0.4m€0.5m▲ 25.5%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.09m€0.09m€0.1m€0.2m€0.2m€0.3m€0.3m€0.4m▲ 28.8%
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.2m€0.2m€0.3m€0.3m€0.4m▲ 29.0%
Profit (loss) carried forward14€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Amounts payable17/49€0.3m€0.3m€0.3m€0.2m€0.3m€0.2m€0.2m€0.7m▲ 293%
Amounts payable after more than one year17€0.2m€0.2m€0.1m€0.1m€0.2m€0.2m€0.1m€0.6m▲ 346%
Financial debts170/4---€0.1m€0.2m€0.2m€0.1m€0.6m▲ 346%
Amounts payable within one year42/48€0.1m€0.1m€0.2m€0.1m€0.09m€0.06m€0.05m€0.1m▲ 157%
Current portion of amounts payable after more than one year42-------€0.09m-
Trade debts44€0.05m€0.04m€0.08m€0.04m€0.04m€0.006m€0.01m€0.001m▼ 92.9%
Suppliers440/4---€0.04m€0.04m€0.006m€0.01m€0.001m▼ 92.9%
Taxes, remuneration and social security45---€0.02m€0.02m€0.02m€0.03m€0.04m▲ 24.7%
Taxes450/3---€0.01m€0.006m-€0.01m€0.01m▲ 10.0%
Remuneration and social security454/9---€0.01m€0.02m€0.02m€0.02m€0.02m▲ 35.6%
Other amounts payable47/48---€0.04m€0.03m€0.04m€0.008m€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€20,000€6,000€52,500€22,000€77,000€17,000€85,000€99,743▲ 17.3%
+ Depreciation and write-downs630€34,954€39,335€40,175€50,651€42,251€60,473€61,906€94,925▲ 53.3%
Operating cash flow (approximation)€54,954€45,335€92,675€72,651€119,251€77,473€146,906€194,669▲ 32.5%
Investment in fixed assets (approximation)--€24,317-€55,210-€22,191-€103,693-€82,223-€72,148-€693,054▼ 861%
Change in cash-€5,604€41,780-€24,825€41,214-€52,686€52,278-€44,427-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 34,693 companies had the same profile as B&B Security has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.3% was still going
3.9% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of B&B Security itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 34,693 companies, not a prediction for B&B 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.

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 12-08-2026 2026-00393952 PDF
31-12-2024 abbreviated format 03-07-2025 2025-00223064 PDF
31-12-2023 abbreviated format 30-08-2024 2024-00433863 PDF
31-12-2022 abbreviated format 23-08-2023 2023-00351436 PDF
31-12-2021 abbreviated format 25-08-2022 2022-20338980 PDF
31-12-2020 abbreviated format 30-09-2021 2021-70500294 PDF
31-12-2019 abbreviated format 06-10-2020 2020-60200228 PDF
31-12-2018 abbreviated format 29-08-2019 2019-56300359 PDF
31-12-2017 abbreviated format 20-06-2018 2018-20600506 PDF
31-12-2016 abbreviated format 12-09-2017 2017-60700064 PDF

Show all 17 filings

Board & ownership

Directors

Directors
Last change in 2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 15-10-2026

Owners and capital

Capital transactions

Capital over time
  1. 15-10-2026 Converted to unavailable equity · €18,600

Mandate history

2 people, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Jurgen Boghe
  • Director, appointed in the act of 15-10-2026, until 15-10-2026
Peter Boghe
  • Manager, until 15-10-2026
See the board, name and registered office on a given date →

Network & group

Connections & network

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
15-10
Gazette deed Change of role: Jurgen Boghe, from manager to director
Resignation: Peter Boghe (manager) · Director discharge · Registered office clause11 points ▸
  • Director resignation, Jurgen Boghe (manager)
  • Director resignation, Peter Boghe (manager)
  • Director appointment, Jurgen Boghe (director)
  • Director discharge, Jurgen Boghe
  • Director discharge, Peter Boghe
  • Registered office clause, “Lovenjoelsestraat 33A, 3360 Bierbeek, algemene vergadering” (deed in Dutch)
  • General meeting, 06-10-2026
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, behoud rechtsvorm besloten vennootschap (BV)” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
  • Reserve release, “beschikbare eigen vermogensrekeningen” (deed in Dutch)
  • Amendment of the articles, mentioned 2 times in the deed

Open the act in the Belgian Official Gazette

12-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 12 days late
2025
31-12
Financial Highest result from 2018 to 2025net €99,743 ▲17.3%
The operating result of €186,346 and the net result of €99,743 are both a record.
03-07
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 28 days before the deadline
2024
30-08
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 30 days late
2023
23-08
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 23 days late
2022
25-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 25 days late
2021
31-12
Financial Equity above €200,000equity €212,429 ▲11.6%
With a profit in every financial year since 2018, equity grows to €212,429.
30-09
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 61 days late
2020
31-12
Financial Equity above €150,000equity €190,429 ▲38.1%
With a profit in every financial year since 2018, equity grows to €190,429.
06-10
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 67 days late
2019
31-12
Financial Weakest financial yearnet €6,000 ▼70%
The net result drops to €6,000, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
29-08
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 29 days late
2018
20-06
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 41 days before the deadline
2017
12-09
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 43 days late
2008
05-08
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

B&B Security was incorporated on 1 August 2008.1 Total assets rose from €434,592 in 2018 to €1.2m in 2025 and headcount from 3.8 to 7.9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name B&B Security in Dutch
Enterprise number 0899.598.487
LEI code 98450098443ECD015E78 live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 01-08-2008
Entity type Legal entity
Name clauseThe company operates under this name according to its articles.
B&B Security
deed of 15-10-2026 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, enkele beslissing van het bestuursorgaan”
deed of 15-10-2026 (in Dutch)

Registered office and establishments

Registered office Lovenjoelsestraat 33, 3360 Bierbeek, Belgium
Establishment unit BVBA B&B SECURITY, Lovenjoelsestraat 33A, 3360 Bierbeek since 01-08-2008 · unit number 2.172.281.544

Activities

NACEBEL 2025
VAT activities
43211 General electrical installation work main activity
47400 Retail sale of information and communication equipment
Social security (RSZ) activities
43211 General electrical installation work main activity
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
47430 Retail trade
Social security (RSZ) activities
43211 Specialised construction activities main activity
Joint committee 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
“Elektrotechnische installatiewerken aan gebouwen (43211); Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen…”
18 activities
  1. Elektrotechnische installatiewerken aan gebouwen (43211)
  2. Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal (4321103)
  3. Handelsbemiddeling in elektrische en elektronisch materiaal, inclusief installatiemateriaal voor industrieel gebruik (4614005)
  4. Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels (47430)
  5. Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels (47540)
  6. De kleinhandel in elektrische huishoudapparaten (4754001)
  7. Overige detailhandel, niet in winkels en exclusief markt- en straathandel (47990)
  8. Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur (46431)
  9. Reparatie van andere consumentenartikelen (95290)
  10. Reparatie van audio- en videoapparatuur (9521001)
  11. Reparatie van elektrische huishoudapparaten (9522001)
  12. De handel, installatie en plaatsing onder al zijn vormen (groot- en kleinhandel, aan- en verkoop, import en export, dmv. vertegenwoordiging, makelarij, commissie) van alle componenten en randapparatuur allerhande voor alarm- en beveiligingsinstallaties, inclusief herstellingen
  13. De handel onder al zijn vormen (groot- en kleinhandel, aan- en verkoop, import en export, door middel van vertegenwoordiging, makelarij, commissie) van alle componenten en randapparatuur allerhande voor audio- en videoapparatuur en installaties alsook herstellingen
  14. Het aan- en verkopen, huren en verhuren, oprichten en laten oprichten, beheren en renoveren van onroerende goederen voor eigen beheer
  15. Het in opdracht van derden laten oprichten van gebouwen of laten uitvoeren van bouwwerken in het algemeen
  16. Het beheer van eigen roerende beleggingen en vermogens
  17. Het verwerven (op eender welke wijze) en/of aanhouden van participaties in bestaande en/of nog op te richten ondernemingen; het beheren, valoriseren, en te gelde maken van deze participaties
  18. Het uitoefenen van een bestuursmandaat of mandaat van vereffenaar in andere ondernemingen; het verlenen van managementprestaties en het vervullen van interim-opdrachten; het deelnemen aan het toezicht op ondernemingen
deed of 15-10-2026 (in Dutch)

Invoicing and payment

VAT number BE 0899.598.487
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0899598487
Other Peppol ID 9925:BE0899598487
Registered 25-11-2024

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0899.598.487

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 20:00
deed of 15-10-2026 (in Dutch)

Recognitions · licences · registrations

Dual-learning approval

3 live approvals
Beveiligingstechnicus duaal (so)
approved · 2024 to 2029
Elektrotechnicus (vwo)
approved · 2023 to 2028
Elektrotechnicus duaal (so)
approved · 2023 to 2028

Licences in the Official Gazette

1 publication
Security firm approval (camera systems)
Granted · decision 06-07-2020 · published on 15-09-2021 · Official Gazette

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
2,381 m²
Building footprint
231 m²
Building volume
1,362 m³
Tallest building: 9.7 m.
Cadastral parcel Region Area Buildings Height / floors
24011F0252/00H000 Flanders 1,390 m² 1 · 122 m² 8.0 m · 2
24011F0253/00F000 Flanders 991 m² 1 · 109 m² 9.7 m · 2