CECURITY BELGIUM
ActiveCECURITY BELGIUM has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €-101k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 2259 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency68▼-9
Growth32=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 7.72 against 4.04 in 2024), but 70.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.6%
Return on assets
-16%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€101k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
44 d early
2023
34 d early
2022
59 d late
2021
24 d late
2020
7 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-101k▼ 2,260%
2024 · €-4k
2018: €163k
2019: €91k
2020: €54k
2021: €-6k
2022: €12k
2023: €-61k
2024: €-4k
2018 → 2025
Working capital
€536k▼ 9.9%
2024 · €594k
2018: €523k
2019: €425k
2020: €309k
2021: €367k
2022: €652k
2023: €658k
2024: €594k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€342k-€353k▲ 3.4%€292k▼ 17.2%€288k▼ 1.5%€187k▼ 35.0%
Operating result€3k-€25k▲ 719%€-59k€-1k▲ 97.9%€-100k▼ 8,198%
Net result€-6k-€12k€-61k€-4k▲ 93.0%€-101k▼ 2,260%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €100k in 2025 against €1k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €631k
Fixed assets
€16k▼ 54.4%
Current assets
€615k▼ 22.1%
Equity and liabilities €631k
Equity
€187k▼ 35.0%
Debt
€444k▼ 17.2%
The debt ratio rises from 65.1% to 70.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-94k▼
2024 · €22k
Cash flow
€-94k▼
2024 · €19k
Solvency
29.6%▼
2024 · 34.9%
Current ratio
7.72▲
2024 · 4.04
Quick ratio
7.72▲
2024 · 4.04
Debt / equity
2.38▲
2024 · 1.87
ROE
-53.9%▼
2024 · -1.5%
ROA
-16.0%▼
2024 · -0.5%
Interest coverage
-87.40▼
2024 · 33.18
Debt
€444k▼
2024 · €537k
Debt ≤ 1 year
€80k▼
2024 · €195k
Staff costs
€719k▲
2024 · €697k
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€825k€631k▼
Fixed assets21/28€35k€16k▼
Tangible fixed assets22/27€35k€16k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€33k€13k▼
Current assets29/58€790k€615k▼
Amounts receivable within one year40/41€483k€266k▼
Trade receivables40€483k€266k▼
Other amounts receivable41-€176
Cash at bank and in hand54/58€302k€347k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€825k€631k▼
Equity10/15€288k€187k▼
Contributions10/11€149k€149k=
Outside capital11€149k€149k=
Other1109/19€149k€149k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€93k€-8k▼
Amounts payable17/49€537k€444k▼
Amounts payable within one year42/48€195k€80k▼
Trade debts44€165k€48k▼
Suppliers440/4€165k€48k▼
Taxes, remuneration and social security45€30k€32k▲
Taxes450/3€5k€3k▼
Remuneration and social security454/9€25k€28k▲
Accrued charges and deferred income492/3€342k€365k▲
Income statement
Code20242025
Non-recurring operating income76A-€21k
Remuneration, social security and pensions62€697k€719k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€6k▼
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€724k€628k▼
Operating profit (loss)9901€-1k€-100k▼
Financial income75/76B€865€696▼
Recurring financial income75€865€696▼
Financial charges65/66B€662€1k▲
Recurring financial charges65€662€1k▲
Profit (loss) for the period before taxes9903€-1k€-101k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€-4k€-101k▼
Profit (loss) for the period to be appropriated9905€-4k€-101k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€-8k▼
Profit (loss) brought forward from the previous period14P€97k€93k▼
Social balance
Average headcount (FTE)90878.89.3▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
30-06
Financial
Weakest financial yearnet €-101k
Net result drops to €-101k, the lowest in the series.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Jette · 1 establishment unit since 1999
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.
Firmin Lecharlierlaan 931090 JetteGround area
1,077 m²
Building footprint
127 m²
Volume, LiDAR
1,315 m³
2 parcels, Brussels, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CECURITY ARGUS
since 19992.036.380.485
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0161/00W012 | Brussels | 925 m² | 1 · 127 m² | 14.8 m · 4 fl. |
| 34353B0377/00L000 | Flanders | 152 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BRAINSCAPE
BE 0444.532.687
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EURO BUROTIC SERVICES
BE 0508.439.752
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Circ-El
BE 1009.198.688
Kinrooi · Eq €187k
Of 2,119 companies in sector 46500 we hold annual accounts for 1,399. 1,086 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-1986
Fiscal year end30-06
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.