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DB Security

Active Private limited companyfounded 2024active for 2 yearsVaartlaan 20, 9880 AalterKBO/BCE: BE 1010.531.944

Lifetime

1 annual account with figures
peak €35,555 (2025)
€35,555 
peak €13,899 (2025)
€13,899 
peak €18,899 (2025)
€18,899 
€48,875 
Board1 name since 2024
1 director
Documentsfilings and deeds
16-03-202645 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Debts

€48,875 72% of the balance sheet
Financial debts 20%Suppliers 11%Taxes and wages 1%Other 68%

Of this, €39,156 falls due within a year.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,974 companies had the same profile as DB Security has now. Each dot stands for 20 companies, two years later.

94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,974 companies, not a prediction for DB Security. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 19-06-2024
  • 100 sharesdeed of 21-06-2024
Board & ownership

Recent changes

Registered office moved from Berlare to Aalter New registered office: Vaartlaan 20, 9880 Aalter · Previous registered office: Ridderstraat 12, 9290 Berlare · General meeting of 16-09-2025 · Gazette deed
Security firm approval (alarm systems) granted Decision of 13-03-2026, published on 24-04-2026
Security firm approval (camera systems) granted Decision of 13-03-2026, published on 24-04-2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010531944
All 7 events

Comparable companies

same main activity, similar in size and age
Company
DB Security Aalter €67,774 €35,555 27.9% -
PLOMTECH Ghent €60,693 €36,182 83.7% -
EziePro Merelbeke-Melle €70,364 €30,641 41.8% -
SV Electrics Geraardsbergen €61,240 €31,554 43.9% -
ELECTRO BIF Deinze €66,221 €42,362 61.6% -
DDG-Elektro Laarne €74,866 €42,729 39.7% -
AmpedUp Ghent €66,431 €29,049 43.8% -

These companies have the same main activity as DB Security: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €60,700 and €74,900, founded in 2024.

Official details

Source: KBO
Status
Active since 19-06-2024Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.360.839.0529290 Berlare, since 19-06-2024
Financial year end
30 September
Peppol
Reachable since 02-02-2026
Company details

Annual accounts to 30-09-2025

€67,774
Filing
Filed on 16-03-2026, 45 days before the end of the filing period
Financials

Insights on DB Security

The 2025 annual accounts show equity of €18,899 and a net result of €13,899. Its solvency ranks better than 29% of 37,177 sector peers (NACE 43, financial year 2025).

The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DB Security

What is the company number of DB Security?
The company number of DB Security is 1010.531.944. The VAT number is the same number with BE in front: BE 1010.531.944.
Where is DB Security based?
The registered office is at Vaartlaan 20, 9880 Aalter.Company details
What does DB Security do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of DB Security?
DB Security is a private limited company (BV).
When was DB Security founded?
DB Security was founded on 19-06-2024.
Is DB Security still active?
Yes, DB Security is an active enterprise in the KBO register.
What is the turnover of DB Security?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €35,555 and 45 comparable companies (NACE 43211). It probably lies between €120,000 and €250,000.Financials
Is DB Security profitable?
In financial year 2025, DB Security made a profit of €13,899.
Where can I find the annual accounts of DB Security?
DB Security filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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