Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BSA Security is 0.5% (low). The 2025 annual accounts show equity of €38k and a net result of €-3k. The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Low
0%0,5%1,5%4%10%≥25%
Long track record
−Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | 18-12-2025 | 44 d early | 2025-00588040 |
| 30-06-2024 | 31-01-2025 | 04-12-2024 | 58 d early | 2024-00611365 |
| 30-06-2023 | 31-01-2024 | 12-01-2024 | 19 d early | 2024-00002409 |
| 30-06-2022 | 31-01-2023 | 24-01-2023 | 7 d early | 2023-00007080 |
| 30-06-2021 | 31-01-2022 | 10-01-2022 | 21 d early | 2022-00700375 |
| 30-06-2020 | 31-01-2021 | 22-12-2020 | 40 d early | 2020-76600258 |
| 30-06-2019 | 31-01-2020 | 26-11-2019 | 66 d early | 2019-74300546 |
| 31-01-2018 | 31-08-2018 | 07-06-2018 | 85 d early | 2018-16500041 |
| 31-01-2017 | 31-08-2017 | 08-06-2017 | 84 d early | 2017-15900089 |
| 31-01-2016 | 31-08-2016 | 27-06-2016 | 65 d early | 2016-24300324 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1988, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated schema)
EBIT marginNot published (abbreviated schema)
Net result€-3k
Working capital€38k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 18-12-2025 with the NBB · fiscal year 2025 · verkort
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-3k |
| Cash flow | - |
| Staff costs | €71k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €213k |
| Equity | €38k |
| Debt | €174k |
| of which ≤ 1y | €174k |
| of which > 1y | - |
| Working capital | €38k |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.22 |
| Quick ratio | 1.22 |
| Working capital ratio | 18.0% |
| Solvency | 18.0% |
| Debt / equity | 4.54 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -1.5% |
| ROE | -8.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €213k |
| Current assets | 29/58 | €213k |
| Amounts receivable within one year | 40/41 | €194k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €213k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €174k |
| Amounts payable within one year | 42/48 | €174k |
| Trade debts payable within one year | 44 | €118k |
| Income statement | ||
| Gross operating margin | 9900 | €76k |
| Operating result | 9901 | €1k |
| Result before taxes | 9903 | €1k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed40
/ 100
Weak
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
4 directorsCurrent directors & mandates
-
A.N.B. RIMEXPublic limited companyDirector· perm. rep.: Rudy STAMANEState Gazette act 24093571 (21-06-2024)Current21-06-2024 → present
2 events
- 21-06-2024 Resigned· Director
- 21-06-2024 Appointed· Director
-
AIDA CONSULT BVLegal entityDirector· perm. rep.: Geert DEPREZState Gazette act 24093571 (21-06-2024)Current21-06-2024 → present
Former directors (2)
-
Geert DEPREZDirectorState Gazette act 24093571 (21-06-2024)Former- → 21-06-2024
-
REMIX BNALegal entityDirector· perm. rep.: Philippe STASState Gazette act 24093571 (21-06-2024)Former- → 21-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Detailhandel in andere huishoudelijke artikelen, neg(47559) |
| Legal form | Private limited company(610) |
| Incorporation | 22-08-1988 |
| Status | Active |
| Postal code | 8870 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Ambachtenstraat 338870 IzegemEstablishment units
1 locationBSA Security
since 20022.040.080.244
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area6,830 m²
Buildings1
Building footprint2,390 m²
Volume (LiDAR)33,320 m³
Tallest building28.5 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494E1299/00F000 | Flanders | 6,830 m² | 1 · 2,390 m² | 28.5 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act All acts · 1
updated 2 years ago
2024
21-06-2024 2 directors appointed, 3 resigning
- Geert DEPREZ, Bestuurder
- Philippe STAS, Bestuurder
- Geert DEPREZ, Bestuurder
- Rudy STAMANE, Bestuurder
- Philippe STAS, Bestuurder
Analysis
Financial profile
4 of 5 axes measured38
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
40
Profitability
0
Solvency
28
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 88 of the 1,048 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Groothandel in andere machines en werktuigen, neg46649Detailhandel in andere huishoudelijke artikelen, neg47559Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.47599Algemene elektrotechnische installatiewerken43211Beveiligingsactiviteiten, neg80090Diensten in verband met beveiligingssystemen80200
Primary activity highlighted.
Names & trade names
| Legal nameFR | BSA Security |
Registered office
Ambachtenstraat 33
8870 Izegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.