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BelgSecurity

Active
Private limited companyfounded 2010active for 16 yearsVliegwezenlaan 29, 1731 Asse, BelgiumKBO/BCE: BE 0826.470.979
Summary

BelgSecurity has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,456 and a net result of €6,787. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 34% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 08-06-2010 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 1 other
Establishment unit
2.188.660.587 1020 Brussel, since 08-06-2010
Financial year end
30 June
Peppol
Reachable since 27-01-2025

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-06-2025
Gross margin
€16,794
▼ 32.0%
Turnover
≈ €130,000
estimated
Profit
€6,787
▼ 66.9%
Equity
€14,456
▲ 88.5%
Total assets
€55,692
▲ 86.9%
Filed on 08-12-2025, 54 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.71, cash €107, halvedSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskFounded in 2010Size: total assets €55,692Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Average
Solvency 51=
equity 26.0% of total assets
Liquidity 32-34
short-term debt 38.7% · cash 0.2%
Profitability 84-16
return on assets 12.2%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 0.5%lowest value 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025lowest value 05-2025: 0.5%● unchanged vs 04-2025lowest value 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025lowest value 08-2025: 0.5%● unchanged vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 1.3%▲ +0.6 percentage points vs 12-2025highest value 02-2026: 1.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.6%▼ -0.6 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.71 (7.21 in 2024), below 1. Short-term debt is 38.7% and cash 0.2% of total assets. 74% 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 16, micro). It does better than 33% of them on solvency, 22% on liquidity, 77% on profitability and 91% 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2010
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 · Liquidity: current ratio 0.71, cash €107, halved
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Size: total assets €55,692
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
54 days early
2024
70 days early
2023
44 days early
2022
64 days early
2021
28 days late
2020
10 days late
2019
60 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 19 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 8 December (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
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Company renamed from ELECTROTEAM to BelgSecurityRegistered office moved from Oostkamp to Zellik · Appointment: MIHALI Toader (tweede niet statutaire bestuurder)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as BelgSecurity: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €32,900 and €74,700, founded between 2004 and 2015.

CompanyTotal assetsGross margin
BelgSecurity Asse€55,692€16,794
Van Alboom Wetteren€68,827€15,908
ECLIPSE TOTALE Liège€57,861€20,982
JMT Projects Lommel€57,619€21,489
AMBIANCE VERANDAL Verviers€37,083€18,047
Polyplafond Zaventem€74,687€28,080
Teken en Maak Begijnendijk€32,877€17,687
Full comparison

Key facts about BelgSecurity

What is the company number of BelgSecurity?
The company number of BelgSecurity is 0826.470.979. The VAT number is the same number with BE in front: BE 0826.470.979.
Where is BelgSecurity based?
The registered office is at Vliegwezenlaan 29, 1731 Asse.Company details
What does BelgSecurity do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of BelgSecurity?
The legal form of BelgSecurity is Private limited company (BV).
When was BelgSecurity founded?
BelgSecurity was founded on 08-06-2010.
Is BelgSecurity still active?
Yes, BelgSecurity is an active enterprise in the KBO register.
What is the turnover of BelgSecurity?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €16,794 and 6,330 comparable companies of the same size. It probably lies between €59,000 and €310,000. It is a rough estimate. In financial year 2023 turnover was €274,358.Financials
Is BelgSecurity profitable?
In financial year 2025, BelgSecurity made a profit of €6,787.
Where can I find the annual accounts of BelgSecurity?
BelgSecurity filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BelgSecurity due?
BelgSecurity must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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