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BENOIT SECURITY

Active
Public limited companyfounded 1977active for 49 yearsLindestraat 59, 8790 Waregem, BelgiumKBO/BCE: BE 0416.882.541
Summary

BENOIT SECURITY has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €1.6m. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 61% of 131 sector peers (NACE 80, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Investigation and private security services
NACE 80010General electrical installation work NACE 43211
Oldest company in West Flanders, Security and investigation sector3 sites
Size
≈ €9.1mturnover 2025, estimated
Staff
41.3 FTE
Equity
€4.0m
Profit
€1.6m
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
QBOX · 100%
  • QBOXDirector · permanent representative Liesbeth BENOIT
2025 accounts 3 days early2 of 14 deeds summarised
Why 96raises riskLiquidity: current ratio 1.80, cash €449,514lowers riskSize: 41.3 FTE, total assets €7.5mProfit of €1.6m (financial year 2025)Founded in 1977Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 80, small)
Financial strength · tick = 2024
Strong
Solvency 78-5
equity 52.6% of total assets
Liquidity 37-4
short-term debt 42.4% · cash 6.0%
Profitability 95+9
return on assets 21.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (61 companies, NACE 80, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026highest value 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: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.8, compared with 2.25 in 2024, above the usual 1.5; short-term debt: 42.4% and cash: 6% of total assets), and 47.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 64% on solvency, 41% on liquidity, 92% on profitability and 84% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 41.3 FTE, total assets €7.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Profit of €1.6m (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.80, cash €449,514
NBB · annual accounts
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
2 days early
2023
5 days early
2022
23 days early
2021
53 days early
2020
32 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 80) for financial year 2024 is 2 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end29-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: QBOX BV (director)Permanent representative: Liesbeth BENOIT
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2019 to 2025net €1.6m ▲134%

Financials · financial year 2025, abbreviated format

Turnover
≈ €9.1m
Estimated: probably between €6.1m and €15.0m
Total assets
€7.5m▲ 47.1%
2024 · €5.1m
Net result
€1.6m▲ 134%
2024 · €687,431
Working capital
€2.5m▲ 21.0%
2024 · €2.1m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 128% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2.0m 2025 Net result€1.6m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 80, Investigation and security activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.4m-€0.7m▲ 79.8%€1.0m▲ 43.2%€1.1m▲ 10.8%€1.1m▲ 6.5%€0.9m▼ 24.3%€2.0m▲ 128%
Net result€0.3m-€0.5mabove the sector's middle half▲ 86.9%€0.8mabove the sector's middle half▲ 49.5%€0.9mabove the sector's middle half▲ 9.3%€1.0mabove the sector's middle half▲ 6.7%€0.7mabove the sector's middle half▼ 28.0%€1.6mabove the sector's middle half▲ 134%
Equity€0.6m-€0.9mabove the sector's middle half▲ 53.9%€1.4mabove the sector's middle half▲ 53.1%€2.0mabove the sector's middle half▲ 38.0%€2.6mabove the sector's middle half▲ 29.3%€3.0mabove the sector's middle half▲ 16.3%€4.0mabove the sector's middle half▲ 33.2%
Total assets€2.2m-€2.4mabove the sector's middle half▲ 10.7%€3.1mabove the sector's middle half▲ 26.5%€3.8mabove the sector's middle half▲ 24.6%€4.4mabove the sector's middle half▲ 15.1%€5.1mabove the sector's middle half▲ 15.9%€7.5mabove the sector's middle half▲ 47.1%
Debt€1.6m-€1.5m▼ 5.9%€1.6m▲ 9.5%€1.8m▲ 12.7%€1.8m=€2.1m▲ 15.3%€3.5m▲ 67.0%
Working capital€0.6m-€1.0mabove the sector's middle half▲ 68.0%€1.3mabove the sector's middle half▲ 29.5%€1.9mabove the sector's middle half▲ 44.4%€2.2mabove the sector's middle half▲ 18.4%€2.1mabove the sector's middle half▼ 5.3%€2.5mabove the sector's middle half▲ 21.0%
Solvency27.7%-38.5%within the sector's middle half▲ 10.8pp46.5%within the sector's middle half▲ 8.1pp51.6%within the sector's middle half▲ 5.0pp57.9%within the sector's middle half▲ 6.4pp58.1%within the sector's middle half▲ 0.2pp52.6%within the sector's middle half▼ 5.5pp
Current ratio1.47-1.96within the sector's middle half▲ 0.492.08within the sector's middle half▲ 0.122.38within the sector's middle half▲ 0.292.50within the sector's middle half▲ 0.132.25within the sector's middle half▼ 0.251.80within the sector's middle half▼ 0.45
Return on assets (ROA)13.3%-22.5%above the sector's middle half▲ 9.2pp26.6%above the sector's middle half▲ 4.1pp23.3%above the sector's middle half▼ 3.3pp21.6%above the sector's middle half▼ 1.7pp13.4%above the sector's middle half▼ 8.2pp21.3%above the sector's middle half▲ 7.9pp
Staff (FTE)22.9-25.3above the sector's middle half▲ 10.5%27.4above the sector's middle half▲ 8.3%29.5above the sector's middle half▲ 7.7%32.8above the sector's middle half▲ 11.2%35.8above the sector's middle half▲ 9.1%41.3above the sector's middle half▲ 15.4%
above within below the middle half of NACE 80, Investigation and security activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin 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 €7.5m
Fixed assets €1.8m ▲ 34.9%
Current assets €5.7m ▲ 51.4%
Equity and liabilities €7.5m
Equity €4.0m ▲ 33.2%
Provisions €18,356 ▲ 7.6%
Debt €3.5m ▲ 67.0%
Debt's share of the balance-sheet total rises from 41.5% to 47.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.3m▲
2024 · €1.1m
Cash flow
€1.9m▲
2024 · €905,815
Quick ratio
0.58▼
2024 · 1.05
Debt to equity
0.90▲
2024 · 0.71
ROE
40.6%▲
2024 · 23.1%
Interest coverage
82.48▲
2024 · 34.90
Debt ≤ 1 year
€3.2m▲
2024 · €1.7m
Debt > 1 year
€335,234▼
2024 · €410,007
Income taxes
€355,303▲
2024 · €155,139
Staff costs
€3.0m▲
2024 · €2.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 71 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.1m€7.5m▲
Fixed assets21/28€1.3m€1.8m▲
Intangible fixed assets21€0.07m€0.2m▲
Tangible fixed assets22/27€0.8m€1.1m▲
Plant, machinery and equipment23€0.09m€0.1m▲
Furniture and vehicles24€0.5m€0.7m▲
Leasing and similar rights25€0.06m€0.02m▼
Other tangible fixed assets26€0.2m€0.3m▲
Financial fixed assets28€0.5m€0.5m=
Current assets29/58€3.8m€5.7m▲
Stocks and contracts in progress3€2.0m€3.9m▲
Stocks30/36€1.0m€1.5m▲
Contracts in progress37€1.0m€2.4m▲
Amounts receivable within one year40/41€1.5m€1.3m▼
Trade receivables40€1.2m€1.0m▼
Other amounts receivable41€0.3m€0.3m▲
Cash at bank and in hand54/58€0.2m€0.4m▲
Deferred charges and accrued income490/1€0.08m€0.08m▼
Equity and liabilities
Total equity and liabilities10/49€5.1m€7.5m▲
Equity10/15€3.0m€4.0m▲
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€2.7m€3.7m▲
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Tax-exempt reserves132€0.2m€0.5m▲
Distributable reserves133€2.5m€3.2m▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€0.02m€0.02m▲
Provisions for liabilities and charges160/5€0.02m€0.02m▲
Environmental obligations163€0.02m-
Other liabilities and charges164/5-€0.02m
Amounts payable17/49€2.1m€3.5m▲
Amounts payable after more than one year17€0.4m€0.3m▼
Financial debts170/4€0.4m€0.3m▼
Amounts payable within one year42/48€1.7m€3.2m▲
Current portion of amounts payable after more than one year42€0.2m€0.2m▼
Financial debts43-€0.04m
Credit institutions430/8-€0.04m
Trade debts44€0.5m€0.6m▲
Suppliers440/4€0.5m€0.6m▲
Advances received on contracts in progress46€0.3m€1.2m▲
Taxes, remuneration and social security45€0.3m€0.5m▲
Taxes450/3€0.03m€0.1m▲
Remuneration and social security454/9€0.3m€0.4m▲
Other amounts payable47/48€0.3m€0.7m▲
Accrued charges and deferred income492/3€0.03m€0.02m▼
Income statement Code20242025
Non-recurring operating income76A€0.001m€0.002m▲
Remuneration, social security and pensions62€2.6m€3.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.001m-€0.001m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.002m€0.001m▼
Other operating charges640/8€0.02m€0.03m▲
Gross operating margin9900€3.7m€5.3m▲
Operating profit (loss)9901€0.9m€2.0m▲
Financial income75/76B€0.007m€0.01m▲
Recurring financial income75€0.007m€0.01m▲
Financial charges65/66B€0.03m€0.03m▼
Recurring financial charges65€0.03m€0.03m▼
Profit (loss) for the period before taxes9903€0.8m€2.0m▲
Income taxes67/77€0.2m€0.4m▲
Profit (loss) for the period9904€0.7m€1.6m▲
Transfer to tax-exempt reserves689€0.2m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.5m€1.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.5m€1.3m▲
Transfer to equity691/2€0.2m€0.7m▲
To other reserves6921€0.2m€0.7m▲
Profit to be distributed694/7€0.3m€0.6m▲
Directors or managers695€0.3m€0.6m▲
Social balance sheet
Average headcount (FTE)908735.841.3▲

The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€0.001m€0.001m€0.001m€0.002m▲ 40.4%
Remuneration, social security and pensions62---€1.8m€2.2m€2.6m€3.0m▲ 12.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m€0.3m▲ 44.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0.002m€0.002m-€0.001m-€0.001m▼ 23.9%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0.004m-€0.001m€0.002m€0.001m▼ 40.6%
Other operating charges640/8---€0.02m€0.02m€0.02m€0.03m▲ 42.7%
Non-recurring operating charges66A---€0----
Gross operating margin9900€2.1m€2.4m€2.9m€3.1m€3.6m€3.7m€5.3m▲ 41.5%
Operating profit (loss)9901€0.4m€0.7m€1.0m€1.1m€1.1m€0.9m€2.0m▲ 128%
Financial income75/76B---€0.02m€0.02m€0.007m€0.01m▲ 94.0%
Recurring financial income75€0.009m€0.02m€0.03m€0.02m€0.02m€0.007m€0.01m▲ 94.0%
Financial charges65/66B---€0.02m€0.01m€0.03m€0.03m▼ 10.7%
Recurring financial charges65€0.01m€0.02m€0.02m€0.02m€0.01m€0.03m€0.03m▼ 10.7%
Profit (loss) for the period before taxes9903€0.4m€0.7m€1.0m€1.1m€1.2m€0.8m€2.0m▲ 133%
Income taxes67/77€0.08m€0.1m€0.2m€0.2m€0.2m€0.2m€0.4m▲ 129%
Profit (loss) for the period9904€0.3m€0.5m€0.8m€0.9m€1.0m€0.7m€1.6m▲ 134%
Transfer to tax-exempt reserves689-----€0.2m€0.3m▲ 55.6%
Profit (loss) for the period to be appropriated9905€0.3m€0.5m€0.8m€0.9m€1.0m€0.5m€1.3m▲ 163%
Line2019202020212022202320242025Change
Assets
Total assets20/58€2.2m€2.4m€3.1m€3.8m€4.4m€5.1m€7.5m▲ 47.1%
Fixed assets21/28€0.3m€0.4m€0.6m€0.6m€0.7m€1.3m€1.8m▲ 34.9%
Intangible fixed assets21€0.1m€0.1m€0.2m€0.1m€0.1m€0.07m€0.2m▲ 147%
Tangible fixed assets22/27€0.2m€0.3m€0.4m€0.5m€0.6m€0.8m€1.1m▲ 46.4%
Plant, machinery and equipment23---€0.04m€0.1m€0.09m€0.1m▲ 15.1%
Furniture and vehicles24---€0.2m€0.3m€0.5m€0.7m▲ 62.1%
Leasing and similar rights25---€0.1m€0.1m€0.06m€0.02m▼ 73.6%
Other tangible fixed assets26---€0.1m€0.1m€0.2m€0.3m▲ 67.5%
Financial fixed assets28€260€0.002m€0.003m€0.003m€0.008m€0.5m€0.5m=
Current assets29/58€1.9m€2.1m€2.5m€3.2m€3.7m€3.8m€5.7m▲ 51.4%
Stocks and contracts in progress3€0.4m€0.4m€0.5m€1.4m€1.7m€2.0m€3.9m▲ 92.4%
Stocks30/36---€0.7m€0.9m€1.0m€1.5m▲ 42.8%
Contracts in progress37---€0.7m€0.8m€1.0m€2.4m▲ 143%
Amounts receivable within one year40/41€1.0m€1.0m€1.1m€0.9m€1.6m€1.5m€1.3m▼ 9.7%
Trade receivables40---€0.4m€1.3m€1.2m€1.0m▼ 16.0%
Other amounts receivable41---€0.5m€0.3m€0.3m€0.3m▲ 18.9%
Cash at bank and in hand54/58€0.2m€0.2m€0.3m€0.8m€0.3m€0.2m€0.4m▲ 94.0%
Deferred charges and accrued income490/1---€0.08m€0.07m€0.08m€0.08m▼ 2.1%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.4m€3.1m€3.8m€4.4m€5.1m€7.5m▲ 47.1%
Equity10/15€0.6m€0.9m€1.4m€2.0m€2.6m€3.0m€4.0m▲ 33.2%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10---€0.3m€0.3m€0.3m€0.3m=
Issued capital100---€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.3m€0.7m€1.2m€1.7m€2.3m€2.7m€3.7m▲ 36.4%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m=
Tax-exempt reserves132-----€0.2m€0.5m▲ 156%
Distributable reserves133---€1.7m€2.3m€2.5m€3.2m▲ 27.7%
Profit (loss) carried forward14---€0€0€0€0-
Provisions and deferred taxes16€0.006m€0.005m€0.01m€0.02m€0.01m€0.02m€0.02m▲ 7.6%
Provisions for liabilities and charges160/5---€0.02m€0.01m€0.02m€0.02m▲ 7.6%
Environmental obligations163---€0.02m€0.01m€0.02m--
Other liabilities and charges164/5------€0.02m-
Amounts payable17/49€1.6m€1.5m€1.6m€1.8m€1.8m€2.1m€3.5m▲ 67.0%
Amounts payable after more than one year17€0.3m€0.4m€0.4m€0.5m€0.2m€0.4m€0.3m▼ 18.2%
Financial debts170/4---€0.5m€0.2m€0.4m€0.3m▼ 18.2%
Amounts payable within one year42/48€1.3m€1.0m€1.2m€1.4m€1.5m€1.7m€3.2m▲ 89.3%
Current portion of amounts payable after more than one year42---€0.3m€0.2m€0.2m€0.2m▼ 6.2%
Financial debts43---€0.06m€0-€0.04m-
Credit institutions430/8---€0.06m€0-€0.04m-
Trade debts44€0.7m€0.2m€0.3m€0.3m€0.4m€0.5m€0.6m▲ 7.1%
Suppliers440/4---€0.3m€0.4m€0.5m€0.6m▲ 7.1%
Advances received on contracts in progress46---€0.08m€0.1m€0.3m€1.2m▲ 320%
Taxes, remuneration and social security45---€0.3m€0.3m€0.3m€0.5m▲ 46.3%
Taxes450/3---€0.03m€0.02m€0.03m€0.1m▲ 479%
Remuneration and social security454/9---€0.2m€0.3m€0.3m€0.4m▲ 12.1%
Other amounts payable47/48---€0.4m€0.4m€0.3m€0.7m▲ 119%
Accrued charges and deferred income492/3---€0.01m€0.1m€0.03m€0.02m▼ 27.4%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.3m€0.5m€0.8m€0.9m€1.0m€0.7m€1.6m▲ 134%
+ Depreciation and write-downs630€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m€0.3m▲ 44.5%
Operating cash flow (approximation)€0.4m€0.7m€1.0m€1.1m€1.2m€0.9m€1.9m▲ 112%
Investment in fixed assets (approximation)--€0.2m-€0.4m-€0.2m-€0.3m-€0.8m-€0.8m▲ 6.4%
Change in cash-€0.08m€0.1m€0.5m-€0.5m-€0.05m€0.2m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 abbreviated format 27-04-2026 2026-00087848
30-09-2024 abbreviated format 28-04-2025 2025-00076970
30-09-2023 abbreviated format 25-04-2024 2024-00069722
30-09-2022 abbreviated format 07-04-2023 2023-00055697
30-09-2021 abbreviated format 08-03-2022 2022-07200096
30-09-2020 abbreviated format 29-03-2021 2021-08600396
30-09-2019 abbreviated format 25-03-2020 2020-07400040
30-09-2018 abbreviated format 16-04-2019 2019-10000135
30-09-2017 abbreviated format 26-03-2018 2018-07600221
30-09-2016 abbreviated format 21-03-2017 2017-06600509

Show all 49 filings

Similar companies · same sector, comparable size

Of the 688 active companies whose main activity is investigation and private security services (NACE 80010), figures are known for 363. 91 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €34,234 awarded · €31,126 paid
Year Entries AwardedPaid
2025 2 €13,087€13,382
2024 1 €5,352€2,881
2023 1 €8,372€7,517
2022 1 €7,423€7,346
Schemes
4 entries · €26,210 · €23,102 paid · Fonds voor Innoveren en Ondernemen
1 entry · €8,024 · €8,024 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director

Board 1

QBOX
Director · Private limited company · permanent representative: Liesbeth BENOIT
Current

Permanent representatives 1

Liesbeth BENOIT
Permanent representative · for QBOX
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
12 of this company's 14 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
QBOX
  • Director, since before 01-06-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. QBOX 100%
  2. BENOIT SECURITY

Highest known parent: QBOX. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

BENOIT SECURITY was incorporated on 9 February 1977.1 Total assets rose from €2.2m in 2019 to €7.5m in 2025 and headcount from 22.9 to 41.3 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
01-06
Gazette deed Reappointment: QBOX BV (director)
Permanent representative: Liesbeth BENOIT3 facts ▸
  • General meeting, 02-04-2026
  • Director reappointment, QBOX BV (director)
  • Permanent representative, Liesbeth BENOIT
27-04
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
30-09
Financial Highest result from 2019 to 2025net €1.6m ▲134%
Operating result €2.0m, net result €1.6m, both a record.
28-04
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
25-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
30-09
Financial Equity above €2mequity €2.6m ▲29.3%
A profit in every financial year since 2019 builds equity to €2.6m.
07-04
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
30-09
Gazette deed Resignations: Steven QUINTIJN (director) and Dirk BENOIT (director)
Director discharge5 facts ▸
  • General meeting, 15-06-2022
  • Director resignation, Steven QUINTIJN (director)
  • Director discharge, Steven QUINTIJN
  • Director resignation, Dirk BENOIT (director)
  • Director in office, QBOX BV (managing director)
08-03
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial Equity above €1mequity €1.4m ▲53.1%
A profit in every financial year since 2019 builds equity to €1.4m.
29-03
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
25-03
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
Show earlier events
2019
16-04
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
26-03
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
21-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials.
2 of 14 deeds read
About the unread acts

Of the 14 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded09-02-1977
Financial year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
80010Investigation and private security services
Contact
Phone +32054323203
E-invoicing
Reachable via Peppol
Peppol ID 0208:0416882541
Also 9925:BE0416882541

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0416.882.541

Recognitions · licences · registrations

Recognised contractor

4 categories
BENOIT SECURITY NVapproval no. 43387
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 4, up to €1,080,000
  • P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 2, up to €330,000
  • P3 Overhead power linesclass 2, up to €330,000
  • S1 Public telephone and telegraph equipmentclass 2, up to €330,000
decision 08-01-2024

Licences in the Official Gazette

4 publications · 2 kinds
Security company licence
Renewed · decision 19-12-2025 · published on 13-01-2026 · Official Gazette
Mobiele bewaking van roerende of onroerende goederen en interventie na alarm. FEDERALE OVERHEIDSDIENST BINNENLANDSE ZAKEN
Security company licence
Renewed · decision 27-01-2021 · published on 09-04-2021 · Official Gazette
Security firm approval (alarm systems)
Renewed · decision 07-11-2017 · published on 14-12-2017 · Official Gazette
Security company licence
Granted · decision 27-01-2016 · published on 14-04-2016 · Official Gazette
• toezicht op en bescherming van roerende of onroerende goede- • ren met inbegrip van statische bewakingsactiviteiten op plaatsen waar geen andere bewakingsagen ...

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Waregem · 3 establishment units since 1977
registered office establishment approximate All 3 establishment units on the map
Ground area
1.0 ha
Building footprint
2,239 m²
Building volume
11,113 m³
3 parcels, Flanders · tallest building 9.0 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
3 establishment units
DESMIDT SECURITY
Kalvekeetdijk 215 A, 8300 Knokke-HeistInvestigation and private security services
since 1977unit no. 2.100.467.197
BENOIT SECURITY
Lindestraat 59, 8790 WaregemInvestigation and private security services
since 2018unit no. 2.279.393.003
TRAS SECURITY
Verloren Hoek 6, 1760 RoosdaalInvestigation and private security services
since 2019unit no. 2.294.830.849
3 parcels
Flanders 3 (100%)
Cadastral parcel Region Area Buildings Height / floors
34040C0021/00Z000 Flanders 7,137 m² 1 · 1,784 m² 8.5 m · 1
31039F0061/00M000 Flanders 2,671 m² 1 · 321 m² 5.3 m · 1
23097D0258/00P000 Flanders 576 m² 1 · 135 m² 9.0 m · 2
How the parcels are linked
Good to know
All 3 parcels match the address exactly.