BEERTS SECURITY SYSTEMS
ActiveSummary
BEERTS SECURITY SYSTEMS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €699k and a net result of €186k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 7.04 against 4.65 in 2024; short-term debt: 13.9% and cash: 34.8% of total assets), and 18.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.5%
Return on assets
21.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
24 d early
2024
27 d early
2023
26 d early
2022
27 d early
2021
31 d early
2020
29 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€699k▲ 36.3%
2024 · €513k
2018: €137klowest in 8 years
2019: €204k▲ +48.9% vs 2018
2020: €236k▲ +15.3% vs 2019
2021: €272k▲ +15.3% vs 2020
2022: €403k▲ +48.2% vs 2021
2023: €433k▲ +7.5% vs 2022
2024: €513k▲ +18.5% vs 2023
2025: €699k▲ +36.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€857k▲ 31.9%
2024 · €650k
2018: €189klowest in 8 years
2019: €272k▲ +43.8% vs 2018
2020: €295k▲ +8.1% vs 2019
2021: €321k▲ +8.9% vs 2020
2022: €522k▲ +62.6% vs 2021
2023: €564k▲ +8.1% vs 2022
2024: €650k▲ +15.2% vs 2023
2025: €857k▲ +31.9% vs 2024highest in 8 years
2018 → 2025
Net result
€186k▲ 36.5%
2024 · €136k
2018: €48k
2019: €67k▲ +39.8% vs 2018
2020: €31k▼ -53.3% vs 2019
2021: €36k▲ +15.5% vs 2020
2022: €131k▲ +262% vs 2021
2023: €30k▼ -77.0% vs 2022lowest in 8 years
2024: €136k▲ +352% vs 2023
2025: €186k▲ +36.5% vs 2024highest in 8 years
2018 → 2025
Working capital
€721k▲ 46.4%
2024 · €492k
2018: €111klowest in 8 years
2019: €177k▲ +58.9% vs 2018
2020: €214k▲ +21.0% vs 2019
2021: €232k▲ +8.4% vs 2020
2022: €368k▲ +58.8% vs 2021
2023: €406k▲ +10.1% vs 2022
2024: €492k▲ +21.4% vs 2023
2025: €721k▲ +46.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€272k-€403k▲ 48.2%€433k▲ 7.5%€513k▲ 18.5%€699k▲ 36.3%
2021: €272klowest in 5 years
2022: €403k▲ +48.2% vs 2021
2023: €433k▲ +7.5% vs 2022
2024: €513k▲ +18.5% vs 2023
2025: €699k▲ +36.3% vs 2024highest in 5 years
Operating result€50k-€190k▲ 283%€44k▼ 77.0%€194k▲ 343%€286k▲ 47.6%
2021: €50k
2022: €190k▲ +283% vs 2021
2023: €44k▼ -77.0% vs 2022lowest in 5 years
2024: €194k▲ +343% vs 2023
2025: €286k▲ +47.6% vs 2024highest in 5 years
Net result€36k-€131k▲ 262%€30k▼ 77.0%€136k▲ 352%€186k▲ 36.5%
2021: €36k
2022: €131k▲ +262% vs 2021
2023: €30k▼ -77.0% vs 2022lowest in 5 years
2024: €136k▲ +352% vs 2023
2025: €186k▲ +36.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €857k
Fixed assets
€17k ▼ 25.3%
Current assets
€840k ▲ 34.0%
Equity and liabilities €857k
Equity
€699k ▲ 36.3%
Provisions
€39k
Debt
€120k ▼ 12.8%
Debt's share of the balance-sheet total falls from 21.1% to 13.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€295k▲
2024 · €207k
Cash flow
€196k▲
2024 · €149k
Current ratio
7.04▲
2024 · 4.65
Quick ratio
5.27▲
2024 · 3.11
Debt to equity
0.17▼
2024 · 0.27
ROE
26.6%▲
2024 · 26.6%
ROA
21.7%▲
2024 · 21.0%
Interest coverage
131.15▲
2024 · 104.42
Debt ≤ 1 year
€119k▼
2024 · €135k
Income taxes
€98k▲
2024 · €56k
Staff costs
€152k▲
2024 · €141k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€650k€857k▲
Fixed assets21/28€23k€17k▼
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€18k€16k▼
Plant, machinery and equipment23€15k€14k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€627k€840k▲
Stocks and contracts in progress3€207k€211k▲
Stocks30/36€207k€211k▲
Amounts receivable within one year40/41€323k€323k▼
Trade receivables40€323k€321k▼
Other amounts receivable41€534€2k▲
Cash at bank and in hand54/58€82k€298k▲
Deferred charges and accrued income490/1€14k€8k▼
Equity and liabilities
Total equity and liabilities10/49€650k€857k▲
Equity10/15€513k€699k▲
Contributions10/11€12k€12k=
Reserves13€501k€687k▲
Distributable reserves133€501k€687k▲
Provisions and deferred taxes16-€39k
Provisions for liabilities and charges160/5-€39k
Environmental obligations163-€39k
Amounts payable17/49€137k€120k▼
Amounts payable within one year42/48€135k€119k▼
Current portion of amounts payable after more than one year42€8k€13k▲
Trade debts44€50k€23k▼
Suppliers440/4€50k€23k▼
Taxes, remuneration and social security45€14k€84k▲
Taxes450/3€4k€66k▲
Remuneration and social security454/9€10k€17k▲
Other amounts payable47/48€63k-
Accrued charges and deferred income492/3€2k€228▼
Income statement
Code20242025
Remuneration, social security and pensions62€141k€152k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€39k
Other operating charges640/8€17k€945▼
Gross operating margin9900€365k€487k▲
Operating profit (loss)9901€194k€286k▲
Financial income75/76B€761€22▼
Recurring financial income75€761€22▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€193k€284k▲
Income taxes67/77€56k€98k▲
Profit (loss) for the period9904€136k€186k▲
Profit (loss) for the period to be appropriated9905€136k€186k▲
Appropriation of the result
Profit (loss) to be appropriated9906€136k€186k▲
Transfer from equity791/2€53k-
Transfer to equity691/2€133k€186k▲
To other reserves6921€133k€186k▲
Profit to be distributed694/7€56k-
Return on contributions (dividend)694€53k-
Directors or managers695€4k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €50k | €81k | €88k | €141k | €152k | ▲ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €14k | €16k | €13k | €10k | ▼ 26.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €39k | - |
| Other operating charges640/8 | €728 | €793 | €1k | €17k | €945 | ▼ 94.5% |
| Non-recurring operating charges66A | - | €254 | - | - | - | - |
| Gross operating margin9900 | €110k | €286k | €150k | €365k | €487k | ▲ 33.6% |
| Operating profit (loss)9901 | €50k | €190k | €44k | €194k | €286k | ▲ 47.6% |
| Financial income75/76B | €447 | €266 | €584 | €761 | €22 | ▼ 97.0% |
| Recurring financial income75 | €447 | €266 | €584 | €761 | €22 | ▼ 97.0% |
| Financial charges65/66B | €128 | €220 | €1k | €2k | €2k | ▲ 13.9% |
| Recurring financial charges65 | €128 | €220 | €1k | €2k | €2k | ▲ 13.9% |
| Profit (loss) for the period before taxes9903 | €50k | €190k | €43k | €193k | €284k | ▲ 47.4% |
| Income taxes67/77 | €14k | €59k | €13k | €56k | €98k | ▲ 73.7% |
| Profit (loss) for the period9904 | €36k | €131k | €30k | €136k | €186k | ▲ 36.5% |
| Profit (loss) for the period to be appropriated9905 | €36k | €131k | €30k | €136k | €186k | ▲ 36.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €321k | €522k | €564k | €650k | €857k | ▲ 31.9% |
| Fixed assets21/28 | €40k | €34k | €27k | €23k | €17k | ▼ 25.3% |
| Intangible fixed assets21 | €14k | €11k | €8k | €5k | €2k | ▼ 66.7% |
| Tangible fixed assets22/27 | €26k | €24k | €20k | €18k | €16k | ▼ 15.2% |
| Plant, machinery and equipment23 | €7k | €12k | €11k | €15k | €14k | ▼ 5.4% |
| Furniture and vehicles24 | €20k | €12k | €9k | €3k | €1k | ▼ 64.9% |
| Current assets29/58 | €281k | €487k | €537k | €627k | €840k | ▲ 34.0% |
| Stocks and contracts in progress3 | €68k | €157k | €164k | €207k | €211k | ▲ 1.8% |
| Stocks30/36 | €68k | €157k | €164k | €207k | €211k | ▲ 1.8% |
| Amounts receivable within one year40/41 | €87k | €245k | €197k | €323k | €323k | ▼ 0.3% |
| Trade receivables40 | €86k | €238k | €176k | €323k | €321k | ▼ 0.6% |
| Other amounts receivable41 | €1k | €7k | €21k | €534 | €2k | ▲ 210% |
| Cash at bank and in hand54/58 | €100k | €75k | €164k | €82k | €298k | ▲ 263% |
| Deferred charges and accrued income490/1 | €26k | €10k | €12k | €14k | €8k | ▼ 41.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €321k | €522k | €564k | €650k | €857k | ▲ 31.9% |
| Equity10/15 | €272k | €403k | €433k | €513k | €699k | ▲ 36.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €259k | €390k | €420k | €501k | €687k | ▲ 37.2% |
| Non-distributable reserves130/1 | €4k | €4k | - | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | - | - | - | - |
| Distributable reserves133 | €255k | €386k | €420k | €501k | €687k | ▲ 37.2% |
| Provisions and deferred taxes16 | - | - | - | - | €39k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €39k | - |
| Environmental obligations163 | - | - | - | - | €39k | - |
| Amounts payable17/49 | €49k | €119k | €131k | €137k | €120k | ▼ 12.8% |
| Amounts payable within one year42/48 | €49k | €119k | €131k | €135k | €119k | ▼ 11.5% |
| Current portion of amounts payable after more than one year42 | - | €4k | €5k | €8k | €13k | ▲ 49.3% |
| Trade debts44 | €16k | €43k | €58k | €50k | €23k | ▼ 53.4% |
| Suppliers440/4 | €16k | €43k | €58k | €50k | €23k | ▼ 53.4% |
| Taxes, remuneration and social security45 | €11k | €47k | €49k | €14k | €84k | ▲ 495% |
| Taxes450/3 | €2k | €38k | €38k | €4k | €66k | ▲ 1,687% |
| Remuneration and social security454/9 | €9k | €9k | €11k | €10k | €17k | ▲ 67.0% |
| Other amounts payable47/48 | €23k | €25k | €19k | €63k | - | - |
| Accrued charges and deferred income492/3 | - | - | €93 | €2k | €228 | ▼ 89.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €131k | €30k | €136k | €186k | ▲ 36.5% |
| + Depreciation and write-downs630 | €9k | €14k | €16k | €13k | €10k | ▼ 26.2% |
| Operating cash flow (approximation) | €46k | €145k | €47k | €149k | €196k | ▲ 31.1% |
| Investment in fixed assets (approximation) | - | €-8k | €-9k | €-8k | €-4k | ▲ 55.0% |
| Change in cash | - | €-25k | €89k | €-82k | €216k | ▲ 364% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €186k ▲36.5%
Operating result €286k, net result €186k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €513k ▲18.5%
7 profitable years in a row build equity to €513k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €30k ▼77%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €204k ▲48.9%
2 profitable years in a row build equity to €204k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lummen · 1 establishment unit since 2016
Ground area
904 m²
Building footprint
191 m²
Volume, LiDAR
642 m³
Parcel 71542D1360/00D002, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BEERTS SECURITY SYSTEMS
since 20162.255.281.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71542D1360/00D002 | Flanders | 904 m² | 1 · 190 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,467 EUR awarded · 2,465 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 736 EUR | 736 EUR |
| 2024 | 1 | 464 EUR | 462 EUR |
| 2023 | 1 | 308 EUR | 308 EUR |
| 2022 | 1 | 959 EUR | 959 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
1 categoryBEERTS SECURITY SYSTEMS BV37962
Legal Entity Identifier
984500D94D3F8DFB7F73
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 5,659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.