BelgSecurity

Active

Private limited companyfounded 201016 yrs activeVliegwezenlaan 29, 1731 Asse, BelgiumKBO/BCE: BE 0826.470.979

BelgSecurity has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Watch Print / PDF

Checked score

Score 2025

58 / 100

Fair▼ -33 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency33▼-28

Growth78▲+20

Stability100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.71 against 7.21 in 2024), and 74% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 16

Relative position

BE, all sectors

reference

Sector 16

higher

← fewer bankruptcies more bankruptcies →

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 d early

2024

70 d early

2023

44 d early

2022

64 d early

2021

28 d late

2020

10 d late

2019

60 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close13-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€274k

EBIT margin

-0.3%

Net result

€7k▼ 66.9%

2024 · €21k

2019: €-9k 2020: €16k 2021: €-18k 2022: €11k 2023: €-42k 2024: €21k

2019 → 2025

Working capital

€-6k

2024 · €19k

2019: €2k 2020: €23k 2021: €15k 2022: €28k 2023: €-7k 2024: €19k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€274k

Equity€18k-€29k▲ 59.7%€-13k€8k€14k▲ 88.5%

Operating result€-18k-€11k€-868€21k€7k▼ 65.7%

Net result€-18k-€11k€-42k€21k€7k▼ 66.9%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 66% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €56k

72.6%

27.4%

Fixed assets €40k▲ 457%

Current assets €15k▼ 32.3%

Equity and liabilities €56k

26.0%

74.0%

Equity €14k▲ 88.5%

Debt €41k▲ 86.4%

The debt ratio falls from 74.3% to 74.0%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€16k▼

2024 · €24k

Cash flow

€16k▼

2024 · €24k

Solvency

26.0%▲

2024 · 25.7%

Current ratio

0.71▼

2024 · 7.21

Quick ratio

0.71▼

2024 · 7.21

Debt / equity

2.85▼

2024 · 2.88

ROE

46.9%▼

2024 · 267.3%

ROA

12.2%▼

2024 · 68.8%

Interest coverage

42.76▼

2024 · 67.21

Debt

€41k▲

2024 · €22k

Debt ≤ 1 year

€22k▲

2024 · €3k

Debt > 1 year

€20k▲

2024 · €19k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€30k€56k▲

Fixed assets21/28€7k€40k▲

Tangible fixed assets22/27€7k€40k▲

Plant, machinery and equipment23-€821

Furniture and vehicles24€7k€40k▲

Current assets29/58€23k€15k▼

Amounts receivable within one year40/41€19k€15k▼

Trade receivables40€16k€14k▼

Other amounts receivable41€2k€1k▼

Cash at bank and in hand54/58€4k€107▼

Equity and liabilities

Total equity and liabilities10/49€30k€56k▲

Equity10/15€8k€14k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€-13k€-6k▲

Amounts payable17/49€22k€41k▲

Amounts payable after more than one year17€19k€20k▲

Financial debts170/4€19k€20k▲

Amounts payable within one year42/48€3k€22k▲

Financial debts43-€17k

Credit institutions430/8-€17k

Trade debts44€3k€5k▲

Suppliers440/4€3k€5k▲

Taxes, remuneration and social security45-€0

Taxes450/3-€0

Income statement Code20242025

Goods, raw materials, services and sundry goods60/61-€121k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€9k▲

Other operating charges640/8€676€687▲

Gross operating margin9900€25k€17k▼

Operating profit (loss)9901€21k€7k▼

Financial charges65/66B€358€377▲

Recurring financial charges65€358€377▲

Profit (loss) for the period before taxes9903€21k€7k▼

Profit (loss) for the period9904€21k€7k▼

Profit (loss) for the period to be appropriated9905€21k€7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-13k€-6k▲

Profit (loss) brought forward from the previous period14P€-33k€-13k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2025

08-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

22-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-06

Financial Back to profitnet €21k

Net result €21k after one loss-making year.

30-06

Financial Liquidity times 9current ratio 7.21

Current ratio from 0.85 to 7.21; short-term debt falls from €45k to €3k.

2023

18-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

30-06

Financial Weakest financial yearnet €-42k ▼485%

Net result drops to €-42k, the lowest in the series; recovery starts the following year.

2022

28-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

30-06

Financial Back to profitnet €11k

Net result €11k after one loss-making year.

28-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 28 days late

2021

10-02

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 10 days late

2020

30-06

Financial Back to profitnet €16k

Net result €16k after one loss-making year.

31-03

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 60 days late

2019

29-01

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

15-01

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2016

12-12

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

11 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, Asse · 1 establishment unit since 2010

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vliegwezenlaan 291731 Asse

Ground area

1,215 m²

Building footprint

595 m²

Volume, LiDAR

4,283 m³