BACKLINE SECURITY
ActiveSummary
BACKLINE SECURITY has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,625 and a net result of €3,979. Equity has been shrinking by about 23% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 73% of 131 sector peers (NACE 80, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-01-2003 Normal situation
- Registered office
- 26 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Investigation and private security services NACE 80010
- Establishment unit
- 2.133.448.979 9000 Gent, since 23-10-2003
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- FREDRICKX,Davy Silvain HenriDirector · since 05-10-2023
- NOBORDirector · permanent representative ONDERDONCK,Rob
- PEAK A NUMBERDirector · permanent representative GOOSSENS,Vincent
- XL GROUP VLAANDEREN100%· score 852025 annual accounts of XL GROUP VLAANDEREN
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €7,669
- Turnover
- ≈ €52,000
- estimated
- Profit
- €3,979
- Equity
- €17,625
- ▲ 29.2%
- Total assets
- €26,560
- ▼ 15.8%
Score breakdownraises riskSize: total assets €26,560lowers riskFounded in 2003Figures for financial year 2025 (filed on 28-07-2026)Sector: Investigation and security activities (NACE 80)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 80, micro). It does better than 72% of them on solvency, 39% on liquidity, 49% on profitability and 73% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 80), the median for financial year 2024 was 2 days before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 23 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €5,103, after a loss of €29,753 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Investigation and security activities (NACE 80). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as BACKLINE SECURITY: investigation and private security services (NACE 80010). They are comparable in size and age: total assets between €19,100 and €51,000, founded between 2000 and 2008.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| BACKLINE SECURITY Gent | 2003 | €26,560 | €17,625 | €7,669 | - | €3,979 | 2025 |
| Mijn Hond, Mijn Vriend, Sint-Gillis-Waas Sint-Gillis-Waas | 2000 | €19,142 | €15,316 | €4,599 | - | -€295 | 2025 |
| G.L. SERVICES La Hulpe | 2003 | €20,001 | €10,946 | €9,322 | - | -€2,537 | 2025 |
| SECURILEX EUROPE Beersel | 2001 | €22,673 | €1,655 | €4,307 | - | €3,556 | 2025 |
| GESTICOR Olivier de BORMAN Beauvechain | 2004 | €50,967 | €32,928 | €8,503 | €55,237 | €582 | 2025 |
| ABCSS Engineering & Architecture La Louvière | 2008 | €41,903 | -€27,507 | €15,526 | - | -€25,174 | 2025 |
| UNACIS Sint-Martens-Latem | 2003 | €39,743 | €9,033 | €33,324 | - | €28,341 | 2025 |
They were chosen from the 351 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as BACKLINE SECURITY has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BACKLINE SECURITY itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 | 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 31,368 companies, not a prediction for BACKLINE 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €69 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,325 | €11,495 | €6,535 | €2,345 | €563 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €790 | €687 | €295 | €3,085 | €2,566 | ▼ 16.8% |
| Gross operating margin9900 | €43,709 | €640 | -€19,095 | €10,036 | -€8,381 | -€9,614 | -€26,668 | €7,669 | - |
| Operating profit (loss)9901 | €29,558 | -€23,106 | -€32,474 | €6,831 | -€9,631 | -€9,909 | -€29,753 | €5,103 | - |
| Financial income75/76B | - | - | - | €0 | - | €1,761 | €43 | €431 | ▲ 894% |
| Recurring financial income75 | €65 | €13 | €0 | €0 | - | €1,761 | €43 | €431 | ▲ 894% |
| Financial charges65/66B | - | - | - | €53 | €355 | €302 | €306 | €1,555 | ▲ 409% |
| Recurring financial charges65 | €221 | €134 | €48 | €53 | €355 | €302 | €306 | €1,555 | ▲ 409% |
| Profit (loss) for the period before taxes9903 | €29,402 | -€23,227 | -€32,522 | €6,779 | -€9,986 | -€8,450 | -€30,015 | €3,979 | - |
| Income taxes67/77 | €10,831 | €0 | - | - | - | €0 | €7 | - | - |
| Profit (loss) for the period9904 | €18,571 | -€23,227 | -€32,522 | €6,779 | -€9,986 | -€8,450 | -€30,022 | €3,979 | - |
| Profit (loss) for the period to be appropriated9905 | €18,571 | -€23,227 | -€32,522 | €6,779 | -€9,986 | -€8,450 | -€30,022 | €3,979 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €188,265 | €176,430 | €66,384 | €108,317 | €64,370 | €46,262 | €31,558 | €26,560 | ▼ 15.8% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €21,151 | €14,692 | €2,908 | €563 | €0 | - | - | - | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €21,151 | €14,692 | €2,908 | €563 | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €563 | €0 | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €167,114 | €161,739 | €63,476 | €107,754 | €64,370 | €46,262 | €31,558 | €26,560 | ▼ 15.8% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €36,899 | €13,985 | €22,053 | €22,095 | €8,912 | €833 | €4,495 | €22,243 | ▲ 395% |
| Trade receivables40 | - | - | - | €22,095 | €8,912 | €503 | €1,001 | €22,243 | ▲ 22× |
| Other amounts receivable41 | - | - | - | €0 | - | €330 | €3,495 | - | - |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €129,758 | €145,527 | €39,727 | €83,962 | €55,458 | €45,429 | €25,747 | €2,488 | ▼ 90.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,697 | €0 | - | €1,316 | €1,829 | ▲ 39.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €188,265 | €176,430 | €66,384 | €108,317 | €64,370 | €46,262 | €31,558 | €26,560 | ▼ 15.8% |
| Equity10/15 | €111,074 | €87,846 | €55,325 | €62,103 | €52,117 | €43,668 | €13,646 | €17,625 | ▲ 29.2% |
| Contributions10/11 | €18,750 | €18,750 | - | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Contributions outside capital11 | - | - | - | - | - | €18,750 | - | - | - |
| Other1109/19 | - | - | - | - | - | €18,750 | - | - | - |
| Reserves13 | €86,213 | €86,213 | €86,213 | €86,213 | €86,213 | €86,213 | €86,213 | €86,213 | = |
| Non-distributable reserves130/1 | - | - | - | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Reserves not available under the articles1311 | - | - | - | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Tax-exempt reserves132 | - | - | - | €22,230 | €22,230 | €22,230 | €22,230 | €22,230 | = |
| Distributable reserves133 | - | - | - | €62,108 | €62,108 | €62,108 | €62,108 | €62,108 | = |
| Profit (loss) carried forward14 | €6,111 | -€17,117 | -€49,639 | -€42,860 | -€52,846 | -€61,296 | -€91,318 | -€87,339 | ▲ 4.4% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €77,191 | €88,584 | €11,060 | €46,213 | €12,253 | €2,595 | €17,912 | €8,936 | ▼ 50.1% |
| Amounts payable after more than one year17 | €4,369 | €0 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €72,822 | €88,584 | €11,060 | €45,945 | €11,905 | €2,595 | €17,912 | €8,936 | ▼ 50.1% |
| Financial debts43 | - | - | - | - | - | - | €43 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €43 | - | - |
| Trade debts44 | €57,136 | €79,129 | €6,110 | €36,254 | €9,106 | €2,595 | €17,869 | €8,305 | ▼ 53.5% |
| Suppliers440/4 | - | - | - | €36,254 | €9,106 | €2,595 | €17,869 | €8,305 | ▼ 53.5% |
| Taxes, remuneration and social security45 | - | - | - | €4,941 | €300 | - | - | €630 | - |
| Taxes450/3 | - | - | - | €4,941 | €300 | - | - | €630 | - |
| Other amounts payable47/48 | - | - | - | €4,750 | €2,500 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €268 | €348 | - | €1 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,571 | -€23,227 | -€32,522 | €6,779 | -€9,986 | -€8,450 | -€30,022 | €3,979 | - |
| + Depreciation and write-downs630 | €10,325 | €11,495 | €6,535 | €2,345 | €563 | - | - | - | - |
| Operating cash flow (approximation) | €28,896 | -€11,732 | -€25,987 | €9,124 | -€9,423 | -€8,450 | -€30,022 | €3,979 | - |
| Investment in fixed assets (approximation) | - | -€5,037 | €5,249 | €0 | €0 | - | - | - | - |
| Change in cash | - | €15,769 | -€105,800 | €44,235 | -€28,503 | -€10,029 | -€19,683 | -€23,259 | ▼ 18.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-07-2026 | 2026-00340384 | NBB |
| 31-12-2024 | abbreviated format | 19-08-2025 | 2025-00386790 | |
| 31-12-2023 | abbreviated format | 16-07-2024 | 2024-00255393 | |
| 31-12-2022 | micro format | 23-06-2023 | 2023-00157803 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20380690 | |
| 31-12-2020 | micro format | 03-09-2021 | 2021-66100566 | |
| 31-12-2019 | micro format | 01-10-2020 | 2020-58100221 | |
| 31-12-2018 | micro format | 25-06-2019 | 2019-23300310 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-28200032 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-27400113 |
Board & ownership
Directors
Board 3
Permanent representatives 2
Owners and capital
Shareholders
1 ownerChain of control
- XL GROUP VLAANDEREN
- BACKLINE SECURITY
Owners 1
- XL GROUP VLAANDERENparentEquity €2.5m Profit of €3.5m in 2025 (profit of €289,189 in 2024) Checked score 85100%
Capital transactions
- 12-10-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FREDRICKX,Davy Silvain Henri |
|
| NOBOR |
|
| PEAK A NUMBER |
|
| FREDRICKX, Davy |
|
| MAES,Yvan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, algemene vergadering”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Articles of association, deed of 12-10-2023 (in Dutch)
Network & group
Companies at the same address
25 other companies- German Virgin Registered office · since 2025 1030825334
- CARE CONNEXION Registered office · since 2025 1027458939
- A.C.C. DIENSTENCHEQUES Registered office · since 2024 0880410602
- GENTWEG Registered office · since 2024 1008252147
- 3 SQUARE EVENTS Establishment · since 2024 0561874082
- Academy Club Registered office · since 2024 1006057769
- Schelstraete, Victor (sole trader) Establishment · since 2023 0804108818
- XL Training Registered office · since 2020 0649519819
- BE Vegan Registered office · since 2019 0639727569
- VAGO Registered office · since 2018 0697590445
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
30-01
Gazette deed
Company renamed from Backline Beveiliging to BACKLINE SECURITYRegistered office moved from Hoboken-Boombekelaan to Gent · Resignation: FREDRICKX,Davy (director) · Appointments: PEAK A NUMBER (director) and NOBOR (director)12 points ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Name change, BACKLINE SECURITY
- Registered-office move, 9000 Gent,Hurstweg 8
- Director resignation, FREDRICKX,Davy (director (not named in the articles))
- Director discharge, FREDRICKX,Davy
- Director appointment, PEAK A NUMBER (director (not named in the articles))
- Permanent representative, GOOSSENS,Vincent
- Director appointment, NOBOR (director (not named in the articles))
- Permanent representative, ONDERDONCK,Rob
- Amendment of the articles
- Power of attorney, Bernard Desmet
- Power of attorney
22-05
Gazette deed
Amendment of the articlesPurpose change · Power of attorney4 points ▸
- General meeting, 15-05-2024
- Purpose change
- Amendment of the articles
- Power of attorney
12-10
Gazette deed
Company renamed from BACKLINE EVENEMENTEN BEVEILIGING to BACKLINE BEVEILIGINGResignation: MAES,Yvan (manager) · Appointment: FREDRICKX,Davy Silvain Henri (director) · Director discharge14 points ▸
- Director resignation, MAES,Yvan (manager)
- Director discharge, MAES,Yvan
- Board rule, 1, “algemene vergadering” (deed in Dutch)
- Director appointment, FREDRICKX,Davy Silvain Henri (director (not named in the articles))
- Power of attorney
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Registered-office move
- Registered office clause, “precieze adres buiten statuten laten, verwijzing naar adres geschrapt uit statuten” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
10 activities
- De blijvende of tijdelijke levering aan derden van diensten van toezicht op en bescherming van roerende of onroerende goederen, bescherming van personen, toezicht op en bescherming bij het vervoer van goederen, beheer van alarmcentrales en toezicht op en controle van personen met het oog op het verzekeren van de veiligheid op voor het publiek toegankelijke plaatsen
- Het aannemen en uitvoeren van bewakingsopdrachten, beveiligingsopdrachten in opdracht van organisatoren van alle soorten manifestaties in de brede zin van het woord, zoals daar zijn (muziek)concerten, (theater- en dansvoorstellingen, sport- en spelevenementen, attractieparken, televisie- en radio-optredens, fuiven, tentoonstellingen, presentaties en lezingen, wat inhoudt het verzorgen van de veiligheid van de door de organisator gecontacteerde vedetten, artiesten, muzikanten, kunstenaars, sporters en diens meer, alsook de infrastructuur en apparatuur en het controleren van toegangsbewijzen en meer algemeen het verzekeren van de veiligheid op de voor het publiek toegankelijke plaatsen
- Het aannemen en uitvoeren van bewakings- en beveiligingsopdrachten in opdracht van hotels en hotelketens, wat impliceert zowel de statische bewaking (dit wil zeggen door middel van een bewaker ter plaatse) als de mobiele bewaking (door middel van een bewakingsagent per voertuig) als de occasionele bewaking (bijvoorbeeld naar aanleiding van het tijdelijk verblijf van een bepaald persoon)
- Het aannemen en uitvoeren van bewakings- en beveiligingsopdrachten in opdracht van particulieren ter bescherming van de fysieke integriteit en de persoonlijke eigendommen van deze personen alsook bewakingsopdrachten in opdracht van bedrijven, ondernemingen en winkelgalerijen ter bescherming van hun eigendommen alsook de fysieke integriteit en de persoonlijke eigendommen van hun medewerkers
- Het verhuren als verhuurder van alle onroerende goederen die ze bezit of waarvoor de eigenaar van deze goederen haar opdracht gegeven heeft om ze te verhuren
- Het verhuren of tegen betaling ter beschikking stellen van roerende goederen, zoals bijvoorbeeld het voertuigenpark, aan derde rechtspersonen
- Het zelf organiseren van activiteiten in het kader van dit voorwerp
- Het aannemen en uitvoeren van diensten in het kader van evenementen, in de ruimste zin van het woord
- Het vervoeren van personen naar en van evenementen
- Het aannemen en uitvoeren van een onthaalfunctie op evenementen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Licences in the Official Gazette
4 publicationsSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44807G0316/00B002 | Flanders | 9,109 m² | 1 · 6,654 m² | 24.8 m · 6 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.