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Caers Security

Active
Private limited companyfounded 2023active for 3 yearsRijn 149, 2440 Geel, BelgiumKBO/BCE: BE 0804.625.490
Summary

The computed 12-month bankruptcy probability of Caers Security is 2.8% (moderate). The annual accounts of Caers Security for financial year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €7,675 and a net result of -€8,589. Equity is growing by about 52% per year across the filed financial years. Its solvency ranks better than 20% of 319 sector peers (NACE 80, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Investigation and security activities
NACE 80090
1 site
Size
≈ €23,000turnover 2025, estimated
Equity
€7,675
Loss
-€8,589
Turnover estimated from the gross margin
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Structure
  • CAERS BertDirector
  • SAMEC JeroenDirector
2025 accounts filed 62 days late
Why 49raises riskLast filed accounts filed 62 days late; 3 of the last 3 lateLiquidity: current ratio 0.86lowers riskSector: Investigation and security activities (NACE 80)Founded in 2023Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 80, micro)
Financial strength · tick = 2024
Weak
Solvency 34-10
equity 8.7% of total assets
Liquidity 41-15
short-term debt 57.2%
Profitability 15-78
return on assets -9.7%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (480 companies, NACE 80, micro)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 1.8%▲ +1.1 percentage points vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 2.0%▲ +0.2 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 1.9%▼ -0.1 percentage points vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 2.6%▲ +0.7 percentage points vs 07-2025 09-2025: 3.2%▲ +0.6 percentage points vs 08-2025 10-2025: 4.7%▲ +1.5 percentage points vs 09-2025 11-2025: 4.7%● unchanged vs 10-2025 12-2025: 5.2%▲ +0.5 percentage points vs 11-2025 01-2026: 7.2%▲ +2.0 percentage points vs 12-2025 02-2026: 7.2%● unchanged vs 01-2026 03-2026: 7.3%▲ +0.1 percentage points vs 02-2026 04-2026: 6.7%▼ -0.6 percentage points vs 03-2026 05-2026: 6.7%● unchanged vs 04-2026 06-2026: 6.6%▼ -0.1 percentage points vs 05-2026 07-2026: 6.6%● unchanged vs 06-2026 08-2026: 8.1%▲ +1.5 percentage points vs 07-2026highest value 09-2026: 8.1%● unchanged vs 08-2026highest value 10-2026: 2.8%▼ -5.3 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.86, compared with 1.15 in 2024, below 1; short-term debt: 57.2% of total assets), and 91.3% 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, micro): better than 20% on solvency, 31% on liquidity, 20% on profitability and 12% 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 62 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Investigation and security activities (NACE 80)
KBO
raises risk · Liquidity: current ratio 0.86
NBB · annual accounts
lowers risk · Founded in 2023
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 319 sector peers (2025).
NBB · sector comparison
Position among 319 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · 2025 accounts filed 62 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-10-2026, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
62 days late
2024
427 days late
2023
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 204 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 December (3 of the last 3 filed years within 304 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€8,589

Financials · financial year 2025, micro format

2025 annual accounts filed late (62 days) Filed on 1 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00539488.

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
≈ €23,000
Estimated: probably between €10,000 and €54,000
Total assets
€88,368▲ 4.4%
2024 · €84,608
Net result
-€8,589
2024 · €16,598
Working capital
-€7,152
2024 · €4,139
Trend over the years

2023 to 2025, 3 financial years

The operating result turns negative in 2025: a loss of €5,836 after €26,928 in 2024, the lowest 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-€5,836 2025 Net result-€8,589 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).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€1,817-€26,928-€5,836
Net result-€3,334below the sector's middle half-€16,598within the sector's middle half-€8,589below the sector's middle half
Equity-€334below the sector's middle half-€16,264within the sector's middle half€7,675below the sector's middle half▼ 52.8%
Total assets€63,341within the sector's middle half-€84,608within the sector's middle half▲ 33.6%€88,368within the sector's middle half▲ 4.4%
Debt€63,675-€68,345▲ 7.3%€80,692▲ 18.1%
Working capital-€10,265below the sector's middle half-€4,139within the sector's middle half-€7,152below the sector's middle half
Solvency-0.5%below the sector's middle half-19.2%below the sector's middle half▲ 19.7pp8.7%below the sector's middle half▼ 10.5pp
Current ratio0.09below the sector's middle half-1.15within the sector's middle half▲ 1.060.86below the sector's middle half▼ 0.30
Return on assets (ROA)-5.3%below the sector's middle half-19.6%within the sector's middle half▲ 24.9pp-9.7%below the sector's middle half▼ 29.3pp
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 micro 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 €88,368
Fixed assets €44,994 ▼ 16.1%
Current assets €43,374 ▲ 40.1%
Equity and liabilities €88,368
Equity €7,675 ▼ 52.8%
Debt €80,692 ▲ 18.1%
Debt's share of the balance-sheet total rises from 80.8% to 91.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,826▼
2024 · €35,590
Cash flow
€73▼
2024 · €25,260
Debt to equity
10.51▲
2024 · 4.20
ROE
-111.9%▼
2024 · 102.1%
Interest coverage
1.03▼
2024 · 12.58
Debt ≤ 1 year
€50,526▲
2024 · €26,813
Debt > 1 year
€30,167▼
2024 · €41,531
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 92.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% 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 1,301 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€84,608€88,368▲
Fixed assets21/28€53,656€44,994▼
Intangible fixed assets21€27,839€26,339▼
Tangible fixed assets22/27€25,817€18,655▼
Furniture and vehicles24€25,817€18,655▼
Current assets29/58€30,952€43,374▲
Amounts receivable within one year40/41€17,506€43,374▲
Trade receivables40€17,495€42,805▲
Other amounts receivable41€11€569▲
Cash at bank and in hand54/58€13,446-
Equity and liabilities
Total equity and liabilities10/49€84,608€88,368▲
Equity10/15€16,264€7,675▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€13,264€4,675▼
Amounts payable17/49€68,345€80,692▲
Amounts payable after more than one year17€41,531€30,167▼
Financial debts170/4€41,531€30,167▼
Amounts payable within one year42/48€26,813€50,526▲
Current portion of amounts payable after more than one year42€10,855€12,621▲
Financial debts43-€5
Credit institutions430/8-€5
Trade debts44€8,458€30,401▲
Suppliers440/4€8,458€30,401▲
Taxes, remuneration and social security45€7,500€7,500=
Taxes450/3€7,500€7,500=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,662€8,662=
Other operating charges640/8€391€120▼
Gross operating margin9900€35,980€2,946▼
Operating profit (loss)9901€26,928-€5,836▼
Financial charges65/66B€2,830€2,753▼
Recurring financial charges65€2,830€2,753▼
Profit (loss) for the period before taxes9903€24,098-€8,589▼
Income taxes67/77€7,500-
Profit (loss) for the period9904€16,598-€8,589▼
Profit (loss) for the period to be appropriated9905€16,598-€8,589▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,264€4,675▼
Profit (loss) brought forward from the previous period14P-€3,334€13,264▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,491€8,662€8,662=
Other operating charges640/8-€391€120▼ 69.3%
Gross operating margin9900€1,675€35,980€2,946▼ 91.8%
Operating profit (loss)9901-€1,817€26,928-€5,836-
Financial charges65/66B€1,517€2,830€2,753▼ 2.7%
Recurring financial charges65€1,517€2,830€2,753▼ 2.7%
Profit (loss) for the period before taxes9903-€3,334€24,098-€8,589-
Income taxes67/77-€7,500--
Profit (loss) for the period9904-€3,334€16,598-€8,589-
Profit (loss) for the period to be appropriated9905-€3,334€16,598-€8,589-
Line202320242025Change
Assets
Total assets20/58€63,341€84,608€88,368▲ 4.4%
Fixed assets21/28€62,318€53,656€44,994▼ 16.1%
Intangible fixed assets21€29,339€27,839€26,339▼ 5.4%
Tangible fixed assets22/27€32,979€25,817€18,655▼ 27.7%
Furniture and vehicles24€32,979€25,817€18,655▼ 27.7%
Current assets29/58€1,023€30,952€43,374▲ 40.1%
Amounts receivable within one year40/41-€17,506€43,374▲ 148%
Trade receivables40-€17,495€42,805▲ 145%
Other amounts receivable41-€11€569▲ 52×
Cash at bank and in hand54/58€1,023€13,446--
Equity and liabilities
Total equity and liabilities10/49€63,341€84,608€88,368▲ 4.4%
Equity10/15-€334€16,264€7,675▼ 52.8%
Contributions10/11€3,000€3,000€3,000=
Profit (loss) carried forward14-€3,334€13,264€4,675▼ 64.8%
Amounts payable17/49€63,675€68,345€80,692▲ 18.1%
Amounts payable after more than one year17€52,387€41,531€30,167▼ 27.4%
Financial debts170/4€52,387€41,531€30,167▼ 27.4%
Amounts payable within one year42/48€11,288€26,813€50,526▲ 88.4%
Current portion of amounts payable after more than one year42€10,369€10,855€12,621▲ 16.3%
Financial debts43--€5-
Credit institutions430/8--€5-
Trade debts44€104€8,458€30,401▲ 259%
Suppliers440/4€104€8,458€30,401▲ 259%
Taxes, remuneration and social security45-€7,500€7,500=
Taxes450/3-€7,500€7,500=
Other amounts payable47/48€815---
Line202320242025Change
Profit (loss) for the period9904-€3,334€16,598-€8,589-
+ Depreciation and write-downs630€3,491€8,662€8,662=
Operating cash flow (approximation)€157€25,260€73▼ 99.7%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€12,423--

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

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 01-10-2026 2026-00539488
31-12-2024 micro format 01-10-2026 2026-00539502
31-12-2023 micro format 30-11-2024 2024-00607187

Similar companies · same sector, comparable size

Of the 453 active companies whose main activity is investigation and security activities (NACE 80090), figures are known for 266. 115 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €1,047 awarded · €1,047 paid
Schemes
1 entry · €1,047 · €1,047 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
2 directors, no change since 2023
CAERS Bert
Director · since 09-08-2023
Current
SAMEC Jeroen
Director · since 09-08-2023
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 →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
CAERS Bert
  • Director, from 09-08-2023 to date
SAMEC Jeroen
  • Director, from 09-08-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 09-08-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 09-08-2023 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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

On 7 August 2023, Caers Security was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 Of the 2 current board members, 2 have served since 2023.2 Total assets went from €63,341 in 2023 to €88,368 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-08-2023
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-10
NBB filing Annual accounts filed
financial year 2025 · micro format · 62 days late
01-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 427 days late
2025
31-12
Financial Weakest financial yearnet -€8,589
Net result drops to -€8,589, the lowest in the series.
2024
31-12
Financial Back to profitnet €16,598
Net result €16,598 after one loss-making year.
31-12
Financial Liquidity more than 12 timescurrent ratio 1.15
Current ratio from 0.09 to 1.15.
30-11
NBB filing Annual accounts filed
financial year 2023 · micro format · 122 days late
2023
09-08
Gazette deed Incorporation
Appointments: CAERS Bert (director) and SAMEC Jeroen (director) · Permanent representative: CAERS Bert · Founder8 facts ▸
  • Incorporation, 04-08-2023
  • Founder, CAERS Bert
  • Founder, SAMEC Jeroen
  • Founding capital, €3,000
  • Director appointment, CAERS Bert (director)
  • Director appointment, SAMEC Jeroen (director)
  • Other provision, “diensten van conceptie, installatie, onderhoud of herstelling van alarm- en camerasystemen, delegatie beslissingsbevoegdheden” (deed in Dutch)
  • Permanent representative, CAERS Bert
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded07-08-2023
Financial year end31-12
Activities, NACEBEL 2025
80090Investigation and security activities
43211General electrical installation work
47120Other non-specialised retail sale
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804625490
Registered 26-05-2025

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

Register as of 28 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 0804.625.490

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

Sites & property

Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
962 m²
Building footprint
290 m²
Building volume
1,507 m³
Parcel 13008H1222/00W000, Flanders · tallest building 9.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Caers Security
Rijn 149, 2440 GeelInvestigation and security activities
since 2023unit no. 2.348.872.618
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13008H1222/00W000 Flanders 962 m² 1 · 290 m² 9.7 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het plaatsen, onderhouden, klein- en groothandel in alarmsystemen, camerabewaking, branddetectiesystemen, inbraak- en…” (deed in Dutch)
5 activities (deed in Dutch)
  1. Het plaatsen, onderhouden, klein- en groothandel in alarmsystemen, camerabewaking, branddetectiesystemen, inbraak- en brandbeveiligingssystemen, videoparlofoons, telefooncentrales, domotica, toegangscontrolesystemen, verlichting, automatisatie, kluizen en elektrotechnische installaties
  2. Plaatsen van ijzerwerk, metalen luiken en schrijnwerk
  3. Algemene elektriciteitswerken op laag- en hoogspanning
  4. Webwinkel in allerlei assortiment
  5. Verstrekken van advies en opleiding aan personen en ondernemingen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Caers Security
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“2440 Geel, Rijn 149, Rijn 149, 2440 Geel” (deed in Dutch)

deed of 09-08-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, statutair bestuurder indien benoemd in statuten” (deed in Dutch)
“Enkel aangelegenheden niet vallend onder wet van 2017-10-02, diensten van conceptie, installatie, onderhoud of herstelling van alarm- en…” (deed in Dutch)
“Alle bestuursbevoegdheden en bijzondere volmachten aan eenieder, elke bestuurder afzonderlijk alle bestuursbevoegdheden en bijzondere…” (deed in Dutch)
“Niet voldoet aan persoonsvoorwaarden wet van 2017-10-02, bevoegdheden beperkt tot aangelegenheden niet onder die wet” (deed in Dutch)

deed of 09-08-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Jaarvergadering Elk jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de laatste werkdag van de maand juni om 18:00…” (deed in Dutch)

deed of 09-08-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Winstbestemming, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura op dezelfde wijze verdeeld, bij niet-volgestorte aandelen evenwicht door bijkomende volstorting of voorafgaandelijke…” (deed in Dutch)
1 more provision in the deed, see the deed of 09-08-2023

deed of 09-08-2023