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DC SECURITY

Active Private limited companyfounded 1988active for 38 yearsHerseltsesteenweg 72, 3200 AarschotKBO/BCE: BE 0435.598.294 subsidiary of London Security PLC#10 company by total assets in Aarschot, Construction sector
DC SECURITY
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Overview

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €842,754 (2024)
€795,285▼ 5.6%
peak €178,252 (2023)
€34,125▼ 59.0%
peak €879,929 (2025)
€879,929▲ 4.0%
€1.2m▼ 0.8%
peak 9.5 FTE (2024)
9.3 FTE▼ 2.1%
Board6 names since 2018
4 directorsAFL Management SRL and 3 others
Owners
consolidatesLondon Security PLC
Documentsfilings and deeds
15-06-202646 days before the deadline
2025abbreviated format
Result from €83,226 to €34,1253 directors reappointed 11-02Cash from €60,969 to €123,690

Key points

from the 2025 annual accounts

Equity

€879,929 ▲ 4.0%

DC SECURITY has made a profit in every financial year since 2006.

Turnover

≈ €1.7m estimated

The abbreviated format states no turnover.

Staff

9 employees on 31-12-2025
012021222022202023202024232025

In 2025, 2 people joined and 3 left.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 34 to 50 days before the end of the period.

Subsidiaries

-€169,807

Subsidiary with negative equity. GXSécurité · loss of €14,584 in 2025 · 1 other subsidiary too.

Position in the sector

€879,929

More equity than 83% of companies in specialised construction. Sector median €250,150 · 9,975 companies.

Checked score

82
Excellent
Financially stronger than 40% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -0.7 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Average

67+2equity 41.6% of total assets
55+4short-term debt 13.5% · cash 5.8%
42-8return on assets 1.6%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Size: 9.3 FTE, total assets €2.1m
lowers risk
Founded in 1988
Equity €879,929 (41.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 44% of them on solvency, 51% on liquidity, 20% on profitability and 45% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €70,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.25 (2.11 in 2024), above the usual 1.5. Short-term debt is 13.5% and cash 5.8% of total assets. However, 58.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 9.3 FTE, total assets €2.1m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €879,929 (41.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
45 days early
2023
50 days early
2022
49 days early
2021
34 days early
2020
51 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 15 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AM
AFL Management SRL
Director, Xavier Mignolet
RP
Richard Pollard
Director
MS
Martin Struyf
Director
AM
AFL Management sil
Director, Xavier Mignolet
GT
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
Auditor, Gregory Desmet

Shares in 2 companies, GXSécurité and TRIUM

Board & ownership

Recent changes

Security firm approval (camera systems) renewed Decision of 01-07-2026, published on 04-11-2026
Appointment: Grant Thornton Bedrijfsrevisoren (statutory auditor) Permanent representative: Xavier MIGNOLET · General meeting of 22-08-2025 · Gazette deed
3 directors reappointed Permanent representative: Xavier Mignolet · AFL Management SRL, Richard Pollard and Martin Struyf · General meeting of 19-05-2025 · Gazette deed
3 directors reappointed AFL Management SRL, Richard Pollard and Martin Struyf · Permanent representative: Xavier Mignolet · General meeting of 21-05-2024 · Gazette deed
All 61 events

Comparable companies

same main activity, similar in size and age
Company
DC SECURITY Aarschot €2.1m €795,285 41.6% 9.3
CHRISTIAN MARTIN Bastogne €2.2m €831,106 55.2% 10.3
VERTRONICS Gavere €2.3m €856,157 -14.6% 8.4
ROMBIT TECHNICS Antwerp €2.3m €734,994 1.7% 9
GELECOM Waregem €1.8m €964,255 53.8% 9
ALARM SELF SECURITY La Louvière €1.9m €964,521 85.7% 8.1
DROESHAUT Hamont-Achel €2.3m €762,666 59.0% 9.7

These companies have the same main activity as DC SECURITY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.8m and €2.3m, founded between 1981 and 1994.

Official details

Source: KBO
Status
Active since 20-10-1988Normal situation
Activity
General electrical installation workNACE 43211and 1 other
Joint committees
200Auxiliary committee for white-collar workers
149.01Electricians: installation and distribution · annual accounts 2021
Establishment unit
2.040.757.1653200 Aarschot, since 04-11-1988
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€795,285▼ 5.6%
€34,125▼ 59.0%
€879,929▲ 4.0%
€2.1m▲ 1.2%
Employeeson 31-12-2025
9▼ 10.0%
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on DC SECURITY

DC SECURITY files the abbreviated format. That format states no turnover. The gross margin rose from €367,497 in 2006 to €795,285 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 15-06-2026, 46 days before the deadline
€795,285
▼ 5.6%
€94,247
▼ 46.6%
€131,260
▼ 37.6%
€71,137
▼ 39.3%
41.6%
▲ 1.1 percentage points
2.25
▲ 0.15

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.7m. Estimated: probably between €1.5m and €2.2m.

In the rankings #10 company by total assets in Aarschot, Construction sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €2.1m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

41.6%

Higher than 47% of 9,973 companies in 2025.

2.25

Higher than 63% of 9,836 companies in 2025.

1.6%

Higher than 32% of 9,905 companies in 2025.

DC SECURITY Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter

Staff

Men and women

Not in that year's accounts.

€69,836

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, 2 people joined and 3 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.1m2.1m2.0m1.9m1.5m1.6m435,221602,792513,157467,443406,296364,986274,447273,022291,103247,303312,203316,737341,854363,748
21/28 1.5m1.5m1.5m1.5m1.1m1.1m74,25791,78854,50928,53833,57948,77284,17261,95677,54168,29438,09058,90988,22778,787
21 60,99473,78686,57999,482112,720125,958-1328821,632----------
22/27 75,91565,09849,55433,31750,60942,71274,25791,65653,62726,90633,57948,77284,17261,95677,54168,29438,09058,90988,22778,787
22 ---------------451,7638,57715,49622,415
23 13,08714,66713,2039,30711,94814,59113,64811,9405,9935,0419,95310,33514,4002,7791,3975,1407,67512,07217,4308,281
24 62,82850,43036,35124,01038,66128,12060,60979,71647,63421,86623,62638,43769,77259,17776,14463,10928,65238,26055,30148,090
28 1.3m1.3m1.3m1.3m940,000940,000--------------
29/58 644,627618,024547,812438,795352,309442,768360,964511,004458,649438,905372,717316,213190,275211,066213,562179,009274,113257,828253,626284,961
3 112,206102,485101,678102,18873,21482,47880,77067,20069,83666,99432,74331,12027,84030,00625,87129,70825,39325,05923,47325,456
30/36 112,206102,485101,678102,18873,21482,47880,77067,20069,83666,99432,74331,12027,84030,00625,87129,70825,39325,05923,47323,212
34 ----------32,743---------
37 -------------------2,244
40/41 397,892445,255324,590212,612156,117232,029136,629146,583142,14889,17359,736123,59784,93994,466108,83769,33370,949113,513112,30999,653
40 253,789300,966275,590206,612142,090197,538125,85088,63496,99278,91053,73657,22078,58963,156108,83767,64963,47880,56472,76889,024
41 144,104144,28949,0006,00014,02734,49110,77957,94945,15710,2636,00066,3776,35031,309-1,6847,47132,94839,54010,629
54/58 123,69060,969116,017119,320118,820120,269136,679291,867242,714271,544274,761161,49677,49686,59478,85379,968177,772119,156117,762159,852
490/1 10,8399,3155,5264,6754,1577,9926,8875,3533,95111,1955,477------10084-
Balance sheet: equity and liabilities
10/49 2.1m2.1m2.0m1.9m1.5m1.6m435,221602,792513,157467,443406,296364,986274,447273,022291,103247,303312,203316,737341,854363,748
10/15 879,929845,804762,578584,326438,981346,006332,860505,649425,397376,550304,947301,760175,011240,976169,704158,806282,886185,730293,418237,745
10/11 39,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,700
100 ------39,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,70039,700
13 157,060157,060157,060157,060157,060157,060157,060157,060157,060157,060157,060262,060135,311201,276130,004119,106243,186146,030253,718198,045
130 ------3,9913,9913,9913,9913,9913,9913,9913,9913,9913,9913,9913,9913,9913,991
132 25,58525,58525,58525,58525,58525,58525,58525,58525,58525,58525,58525,58525,58525,58525,585---5,859-
133 131,475131,475131,475131,475131,475131,475127,484127,484127,484127,484127,484232,484105,735171,700100,428115,115239,195142,039243,867194,054
14 683,169649,044565,818387,566242,221149,246136,100308,890228,637179,790108,187---------
17/49 1.2m1.2m1.3m1.3m1.0m1.2m102,36197,14387,76190,893101,34863,22699,43632,046121,39988,49729,317131,00748,436126,003
17 921,600921,600921,6001.0m654,000872,000------------17,57393,358
170/4 921,600921,600921,6001.0m654,000872,000------------17,57322,366
175 -------------------70,992
42/48 286,026293,545304,772225,322338,829306,91489,37985,81774,78377,185101,34863,22681,22615,496104,99679,82529,317131,00730,86232,646
42 115,200115,200115,200115,200218,000218,000----2,17531,21427,6093,36623,15642,273-17,5734,7934,793
44 80,85182,089130,45259,63462,99157,98952,05747,84735,99041,39455,8315,8782,6945,14223,5834,94714,25934,88312,1456,273
440/4 80,85182,089130,45259,63462,99157,98952,05747,84735,99041,39455,8315,8782,6945,14223,5834,94714,25934,88312,1456,273
46 -----------16,837-5,50614,403-----
45 89,97596,25659,11950,48857,83830,92437,32237,97138,79435,79243,3429,2979231,4838,91816,26815,05814,97613,92421,580
450/3 12,75323,53614,3997,4113,6884,060-6,6122,7769,00025,2889,2979231,4838,9182751,2301,203-7,888
454/9 77,22272,72044,72043,07754,15026,86437,32231,35936,01726,79218,054----15,99313,82813,77213,92413,692
47/48 ------------50,000-34,93516,337-63,575--
492/3 29,18831,16629,99560,14623,82826,51912,98211,32512,97813,708--18,20916,55016,4038,672----
Income statement
70/76A ----------899,540---------
70 ----------893,369---------
76A -------9,8179,0007326,5217,38611,7176,49612,7605,2616,0762,4356,4942,551
9900 795,285842,754838,865685,838589,970453,230555,797515,871450,083435,637-447,818494,473400,425401,279408,833358,781373,470275,093367,497
60/66A ----------692,752---------
60 ----------225,269---------
600/8 ----------226,893---------
609 -----------1,623---------
61 ----------198,174---------
62 649,477624,516494,267421,468405,050370,897413,584374,315354,133311,112244,919245,320277,589251,686237,834242,021208,256203,934161,015187,144
630 37,01334,04132,39132,80734,86526,29023,31015,97016,2439,31420,97535,39936,16324,48836,21131,32224,63942,97242,12236,923
631/4 12,4303,672760-1,111-4,0611,9072,732-1,0121,2293,9391,364---------
640/8 2,1184,0854,1399123,0372,1711,9293,0081,9201,7642,0512,1462,5702,0892,5923,8354,8163,6224,2122,784
66A ----1,24923,557-6,88060-1,3391,860-510330-----
9901 94,247176,441307,308231,761149,83128,406114,243116,71176,498109,507206,788164,953178,150122,162124,642131,655121,069122,94167,745140,645
75/76B 6,9245,6312,6151,6586856211,0411,6671,3887752,0153,1331753736494,0123,1232,6156,4984,550
75 6,9245,6312,6151,6586856211,0411,6671,3887752,0153,1331753736494,0123,1232,6156,4984,550
751 ----------84---------
752/9 ----------1,931---------
65/66B 51,86166,89769,80037,30723,6709,8621742602043636836179788421,7262,0472,5352,0572,0906,868
65 51,86166,89769,80037,30723,6709,8621742602043636836179788421,7262,0472,5352,0572,0906,868
650 ----------222---------
652/9 ----------461---------
9903 49,309115,175240,122196,112126,84619,166115,110118,11777,683109,919213,301172,995189,065127,678135,995138,880127,732125,93478,646140,879
67/77 15,18531,94861,87050,76733,8716,02037,89937,86428,83638,316105,11446,24635,03056,40640,09752,96130,57633,62222,97451,770
670/3 ----------105,114---------
9904 34,12583,226178,252145,34592,97513,14577,21180,25348,84771,603108,187126,749154,03571,27295,89885,92097,15692,31255,67389,109
789 -----------------5,859--
689 --------------25,585---5,859-
9905 34,12583,226178,252145,34592,97513,14577,21180,25348,84771,603108,187126,749154,03571,27270,31385,92097,15698,17249,81389,109
Appropriation of the result
9906 683,169649,044565,818387,566242,221149,246386,100308,890228,637179,790108,187126,749154,03571,27270,31385,92097,15698,17249,81389,109
14P 649,044565,818387,566242,221149,246---------------
791/2 ----------105,000-170,000-85,000210,000-200,0005,859-
792 ----------105,000---------
691/2 -----------126,749104,03571,27270,31385,92097,15698,17255,67389,109
6921 -----------126,749104,03571,27270,31385,92097,15698,17255,67389,109
694/7 ------250,000---105,000-220,000-85,000210,000-200,000--
694 ------250,000---105,000-220,000-85,000210,000-200,000--
Social balance sheet
9087 9.39.57.36.86.566.76.46.36.155.45.54.84.84.644.33.84.4
Men (FTE)1003 ----------4.2---------
Women (FTE)1003 ----------0.8---------
Hours worked1013 14,84115,93112,35911,91710,8839,50311,79511,18710,79210,2428,0967,4668,6837,7327,5138,0276,8737,3895,9467,081
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 15-06-2026 2026-00165976 PDF
31-12-2024 abbreviated format 16-06-2025 2025-00141138 PDF
31-12-2023 abbreviated format 11-06-2024 2024-00130070 PDF
31-12-2022 abbreviated format 12-06-2023 2023-00125879 PDF
31-12-2021 abbreviated format 27-06-2022 2022-20146516 PDF
31-12-2020 abbreviated format 10-06-2021 2021-19000564 PDF
31-12-2019 abbreviated format 01-07-2020 2020-26300018 PDF
31-12-2018 abbreviated format 24-06-2019 2019-24100479 PDF
31-12-2017 abbreviated format 25-06-2018 2018-23900201 PDF
31-12-2016 abbreviated format 22-06-2017 2017-20800601 PDF
31-12-2015 full format 28-06-2016 2016-25200227 PDF
31-12-2014 abbreviated format 03-06-2015 2015-14700198 PDF
31-12-2013 abbreviated format 18-07-2014 2014-32600065 PDF
31-12-2012 abbreviated format 28-06-2013 2013-24000198 PDF
31-12-2011 abbreviated format 08-06-2012 2012-15900321 PDF
31-12-2010 abbreviated format 25-07-2011 2011-33400208 PDF
31-12-2009 abbreviated format 17-08-2010 2010-41800441 PDF
31-12-2008 abbreviated format 23-07-2009 2009-46400130 PDF
31-12-2007 abbreviated format 02-06-2008 2008-18500098 PDF
31-12-2006 abbreviated format 13-07-2007 2007-40400366 PDF
31-12-2005 abbreviated format 30-05-2006 2006-17602156 PDF
31-12-2004 abbreviated format 13-07-2005 2005-47800237 PDF
31-12-2003 abbreviated format 17-09-2004 2004-65104542 PDF
31-12-2002 abbreviated format 02-06-2003 2003-18003583 PDF
31-12-2001 abbreviated format 29-05-2002 2002-15005243 PDF
31-12-2000 abbreviated format 01-06-2001 2001-16602113 PDF
31-12-1999 abbreviated format 28-06-2000 2000-31103035 PDF
31-12-1998 abbreviated format 01-07-1999 1999-28504017 PDF
31-12-1997 abbreviated format 24-08-1998 1998-41705035 PDF
31-12-1996 abbreviated format 30-05-1997 1997-10602563 PDF
31-12-1995 abbreviated format 21-08-1996 1996-40704935 PDF
31-12-1994 abbreviated format 30-05-1995 1995-10301271 PDF
31-12-1993 abbreviated format 08-06-1994 1994-13000435 PDF
31-12-1992 abbreviated format 01-10-1993 1993-38304185 PDF
31-12-1991 abbreviated format 24-06-1992 1992-14503703 PDF
31-12-1990 abbreviated format 23-09-1991 1991-26003477 PDF
31-12-1989 abbreviated format 06-06-1990 1990-07102822 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
131,260210,481339,698264,568184,69654,697137,553132,68092,742118,821227,763200,353214,313146,649160,853162,977145,709165,913109,866177,568
71,137117,267210,643178,152127,84139,436100,52096,22365,09080,917129,162162,148190,19895,760132,109117,242121,795135,28597,794126,032
35,03836,99935,725397,27734,0791.1m5,77969,71342,52426,19126,613058,37811,63445,45861,5263,82013,65456,37312,645
62,720-55,048-3,302500-1,449-16,410-155,18849,153-28,830-3,217113,26584,000-9,0987,741-1,115-97,80458,6161,394-42,091-
358,601324,479243,040213,47313,480135,854271,585425,187383,865361,720271,368252,988109,049195,569108,56699,184244,796126,821222,764252,316
----------23.1%---------
41.6%40.4%37.8%30.6%30.2%22.3%76.5%83.9%82.9%80.6%75.1%82.7%63.8%88.3%58.3%64.2%90.6%58.6%85.8%65.4%
2.252.111.801.951.041.444.045.956.135.693.685.002.3413.622.032.249.351.978.228.73
1.861.761.461.490.821.173.135.175.204.823.354.512.0011.681.791.878.481.787.467.95
1.411.471.652.262.323.480.310.190.210.240.330.210.570.130.720.560.100.710.170.53
3.9%9.8%23.4%24.9%21.2%3.8%23.2%15.9%11.5%19.0%35.5%42.0%88.0%29.6%56.5%54.1%34.3%49.7%19.0%37.5%
1.6%4.0%8.8%7.6%6.4%0.8%17.7%13.3%9.5%15.3%26.6%34.7%56.1%26.1%32.9%34.7%31.1%29.1%16.3%24.5%
2.533.154.877.097.80-----over 100---------
----------22 days---------
----------48 days---------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By geographic market 2015

  • België €893,369100.0%

Source: 2015 accounts, page 14, filing 2016-25200227

All years (2014 to 2015)
By geographic market20142015
België€823,216€893,369

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date910866
full-time910866
in full-time equivalents910866
9.39.57.36.86.5
On a permanent contract910866
Joined22220
Left30021

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€35,038€36,792€35,725€2,277€34,079
Financial fixed assets-€207-€395,000-
€37,013€34,041€32,391€32,807€34,865

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DC SECURITY

The operating result for 2025 is 47% lower than in 2024 and the lowest since 2020. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 59.6% to 58.4%. Equity is higher and debt is lower.

Board & ownership

Board

4 directors, 1 auditor, last change in 2025
AFL Management SRL
Director, permanent representative Xavier Mignolet
appointed by deed of 16-08-2018
listed in the 2025 annual accounts, filed on 15-06-2026
Richard Pollard
Director
appointed by deed of 14-11-2018
listed in the 2025 annual accounts, filed on 15-06-2026
Martin Struyf
Director
appointed by deed of 09-07-2019
listed in the 2025 annual accounts, filed on 15-06-2026
AFL Management sil
Director, permanent representative Xavier Mignolet
appointed by deed of 08-07-2021
listed in the 2025 annual accounts, filed on 15-06-2026
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
Statutory auditor, permanent representative Gregory Desmet
current term since 22-08-2025 term until 15-05-2028
listed in the 2025 annual accounts, filed on 15-06-2026
Permanent representatives 1
Xavier Mignolet
Permanent representative, for AFL Management sil
appointed by deed of 08-07-2021

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
AFL Management SRL
Manager
Richard Pollard
Manager
Martin Struyf
Manager
AFL Management sil
Director
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
Statutory auditor
Xavier HINCK
Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • AFL Management SRL
    • Manager, appointed by deed of 16-08-2018, still in office
  • Richard Pollard
    • Manager, appointed by deed of 14-11-2018, still in office
  • Martin Struyf
    • Manager, appointed by deed of 09-07-2019, still in office
  • AFL Management sil
    • Director, appointed by deed of 08-07-2021, still in office
  • GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
    • Statutory auditor, from 18-11-2019 to date
  • Xavier HINCK
    • Manager, until 10-08-2018
    • Manager, appointed by deed of 16-08-2018, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Consolidating parent
London Security PLC GB
Source: parent in own accounts 2025
consolidates
This company
DC SECURITY
Equity €879,929
Profit €34,125 in 2025

Capital

Contribution
€39,700.02
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
London Security PLC GB
consolidates
consolidates
Owners as a list

Source: parent in its own accounts

Articles of association

deed of 20-10-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of May at 09:00

Network & group

Holdings

own 2025 accounts
This companyDC SECURITY2 holdings, 1 country 2025 accounts

Belgium 2 Equity Result

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Parent

London Security PLC
United Kingdom

At the same address

Herseltsesteenweg 72, 3200 Aarschot · 3 other companies
TRIUM
registered office since 30-11-1995 · founded in 1995 · negative equity (2025)
 25 FTE (2025)
0456.441.814
GXSécurité
registered office since 15-02-2016 · founded in 2016 · negative equity (2025)
 total assets €79,621 (2025)
0647.959.010
Moderne Vijfkamp Hageland Zuiderkempen
registered office since 14-11-1977
 founded in 1977
0418.015.956

Holdings and subsidiaries

2 holdings · 3 subsidiaries, including indirect ones

Holdings 2

Share, source and own figures per holding (2)

Source for every holding own accounts 2025

  • GXSécuritésubsidiary
    Equity -€169,807 Loss of €14,584 in 2025 (loss of €107,261 in 2024) Checked score 51
    100%
  • TRIUMsubsidiary
    Equity -€15,352 Loss of €102,039 in 2025 (profit of €25,305 in 2024) Checked score 50
    100%
All subsidiaries, including indirect ones 3

DC SECURITY or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

Holdings through the years 2020 to 2025
Holdings through the years
Name202020212022202320242025
GXSécurité 100%
TRIUM 100%

Source: list of holdings in its own accounts

Connections & network

4 current directors
Depth

The network starts from the directors of DC SECURITY. Every other company they run is a node.

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

Timeline

Timeline

61 events since 1988

Deadline for the 2026 accounts: 31-07-2027

2026
Security firm approval (camera systems) renewed GazetteDecision of 01-07-2026, published on 04-11-2026
Annual accounts 2025 filed NBBabbreviated format · 46 days before the deadline
Appointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)Permanent representative: Xavier MIGNOLET · General meeting of 22-08-20253 points ▸

Open the deed in the Belgian Official Gazette

3 directors reappointedPermanent representative: Xavier Mignolet · AFL Management SRL, Richard Pollard and Martin Struyf · General meeting of 19-05-20255 points ▸

Open the deed in the Belgian Official Gazette

2025
Annual accounts 2024 filed PDFabbreviated format · 45 days before the deadline
3 directors reappointedAFL Management SRL, Richard Pollard and Martin Struyf · Permanent representative: Xavier Mignolet · General meeting of 21-05-20245 points ▸

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFabbreviated format · 50 days before the deadline
2023
Highest result from 2006 to 2025 net €178,252 ▲22.6% The operating result of €307,308 and the net result of €178,252 are both a record.
Annual accounts 2022 filed PDFabbreviated format · 49 days before the deadline
Appointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)Permanent representative: Xavier MIGNOLET · General meeting of 08-09-20223 points ▸

Open the deed in the Belgian Official Gazette

2022
3 directors reappointedAFL Management srl, Richard Pollard and Martin STRUYF · Permanent representative: Xavier Mignolet · General meeting of 16-05-20225 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 34 days before the deadline
2021
Powers of attorney: Patrick De Witte, Philippe Lambert and Frédérique BertrandPermanent representative: Xavier MIGNOLET · Board meeting of 30-09-20215 points ▸
  • Board meeting, 30-09-2021
  • Power of attorney, Patrick De Witte (bijzondere lasthebber)
  • Power of attorney, Philippe Lambert (bijzonder lasthebber)
  • Power of attorney, Frédérique Bertrand (bijzonder lasthebber)
  • Permanent representative, Xavier MIGNOLET

Open the deed in the Belgian Official Gazette

Registered office moved from Hulshout to AarschotNew registered office: Herseltsesteenweg 72 te 3200 AARSCHOT · Previous registered office: VAARTSTRAAT 73- 2235 HULSHOUT · Permanent representative: Xavier MIGNOLET · Board meeting of 09-09-20213 points ▸
  • Board meeting, 09-09-2021
  • Registered-office move, Herseltsesteenweg 72 te 3200 AARSCHOT
  • Permanent representative, Xavier MIGNOLET

Open the deed in the Belgian Official Gazette

3 directors appointedAFL Management sil, Richard Pollard and Martin STRUYF · Permanent representative: Xavier Mignolet · General meeting of 17-05-20215 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFabbreviated format · 51 days before the deadline
2020
Weakest financial year net €13,145 ▼83% The net result drops to €13,145, the lowest from 2006 to 2025. It recovers the following year.
Permanent representative: MIGNOLET XavierGeneral meeting of 05-10-20207 points ▸
  • General meeting, 05-10-2020
  • 160 shares
  • Board composition, STRUYF Martin Frédéric Marie Colette André (director (not named in the articles))
  • Board composition, POLLARD Richard (director (not named in the articles))
  • Board composition, AFL MANAGEMENT (director (not named in the articles))
  • Permanent representative, MIGNOLET Xavier
  • Registered office clause, Vaartstraat 73, 2235 Hulshout
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

3 directors appointedAFL Management srl, Richard Pollard and Martin STRUYF · Permanent representative: Xavier Mignolet · General meeting of 11-06-20205 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 30 days before the deadline
Appointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)Permanent representative: Xavier MIGNOLET · General meeting of 18-11-20193 points ▸

Open the deed in the Belgian Official Gazette

2019
3 managers appointedAFL Management SPRL, Richard Pollard and Martin STRUYF · Permanent representative: Xavier Mignolet · General meeting of 02-05-20195 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 37 days before the deadline
2018
Equity above €500,000 equity €505,649 ▲18.9% Equity rises from €425,397 to €505,649.
New managerRichard POLLARD appointed, Xavier HINCK resigned · Permanent representative: Xavier MIGNOLET · Director discharge: Xavier HINCK (manager) · General meeting of 14-08-20185 points ▸
  • General meeting, 14-08-2018
  • Director resignation, Xavier HINCK (manager)
  • Director discharge, Xavier HINCK (manager)
  • Director appointment, Richard POLLARD (manager)
  • Permanent representative, Xavier MIGNOLET

Open the deed in the Belgian Official Gazette

2 managers appointedAFL Management (manager) and Xavier Hinck (manager) · Permanent representative: Xavier Mignolet · General meeting of 04-06-20184 points ▸
  • General meeting, 04-06-2018
  • Director appointment, AFL Management (manager)
  • Director appointment, Xavier Hinck (manager)
  • Permanent representative, Xavier Mignolet

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFabbreviated format · 36 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 39 days before the deadline
Security firm approval (alarm systems) renewed GazetteDecision of 09-05-2017, published on 11-12-2017
2016
Annual accounts 2015 filed PDFfull format · 33 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 58 days before the deadline
2014
Liquidity more than doubled current ratio 5.00 The current ratio rises from 2.34 to 5.00. Short-term debt falls from €81,226 to €63,226.
Annual accounts 2013 filed PDFabbreviated format · 13 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 33 days before the deadline
2012
Liquidity more than 6 times current ratio 13.62 The current ratio rises from 2.03 to 13.62. Short-term debt falls from €104,996 to €15,496.
Annual accounts 2011 filed PDFabbreviated format · 53 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 6 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 17 days late
2009
Liquidity more than quadruples current ratio 9.35 The current ratio rises from 1.97 to 9.35. Short-term debt falls from €131,007 to €29,317.
Annual accounts 2008 filed PDFabbreviated format · 8 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 59 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 18 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1988
First establishment A.M. Security, Herseltsesteenweg 72, Aarschot
Incorporation published on 17-11-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DC SECURITY was incorporated on 20 October 1988.1 The registered office was moved to Aarschot in 2021.2 Total assets rose from €602,792 in 2018 to €2.1m in 2025 and headcount from 6.4 to 9.3 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2021
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0435.598.294
VAT number
BE 0435.598.294
Peppol ID
0208:0435598294
Other Peppol ID
9925:BE0435598294
Legal form
Private limited company
Status
Active, normal situation
Founded
20-10-1988
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of May at 09:00
deed of 20-10-2020 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
DC SECURITY in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-10-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 20-10-2020 (in Dutch)

Activities

NACEBEL 2025
VAT activities
43211 General electrical installation work main activity
47559 Retail sale of other household articles
Social security (RSZ) activities
43211 General electrical installation work main activity
Joint committees annual accounts 2021
JC 200 Auxiliary committee for white-collar workers
JC 149.01 Electricians: installation and distribution
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
47599 Retail trade
Social security (RSZ) activities
43211 Specialised construction activities main activity
Codes under NACEBEL 2003
45310 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De import, de export, de verkoop, de aankoop, onderhoud, de herstelling in bedrijf stellen, van mechanische, elektrische en elektronische…”
7 activities
  1. De import, de export, de verkoop, de aankoop, onderhoud, de herstelling in bedrijf stellen, van mechanische, elektrische en elektronische instrumenten en toestellen
  2. De genoemde activiteit omvat zowel de handel in detail als in het groot
  3. Alle hoegenaamde handelingen van commerciële, industriële, roerende of onroerende aard uitvoeren en verrichten die rechtstreeks of onrechtstreeks betrekking hebben op het voorwerp van de vennootschap
  4. Alle bijhuizen of filialen in België oprichten en mag deelnemen door middel van inbrengsten, onderschrijvingen, financiële tussenkomsten, of op elke andere wijze, aan alle vennootschappen of ondernemingen die geheel of gedeeltelijk een gelijkaardig of gelijklopend voorwerp hebben als zijzelf of die van aard zijn de uitbreiding en ontwikkeling ervan te bevorderen
  5. De aankoop, verkoop, vervaarden, plaatsen, herstellen en onderhouden, zowel privaat als industrieel, van materieel en installaties in verband met toegangscontrole, beveiliging, automatisering, verlichting, elektrisch en radio-elektrisch materieel, drijfkracht en telefoon, parlofonie en zendapparatuur, elektronica, elektromotoren en alarmsystemen
  6. Plaatsen van elektrische leidingen en vervaardigen van schakelkasten : zwakstroom, sterkstroom en signalisatiekabels
  7. In het algemeen alle elektronische installaties : ontwerp, vervaardigen, verkoop, plaatsen en onderhouden van beveiligings- en alarmsystemen, signalisatiesystemen en alle elektronische, elektrische en mechanische systemen
deed of 20-10-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
A.M. Security registered office Herseltsesteenweg 72, 3200 Aarschot 04-11-1988 2.040.757.165
1 former office
  • Vaartstraat 73, 2235 Hulshout until the deed of 28-10-2021

Buildings and parcels at the address

Ground area
1,589 m²
Buildings
306 m²
Volume, LiDAR
2,348 m³
Tallest building
12.7 m
Buildings to scale, each on its own parcel
306 m², 12.7 m 306 m², 12.7 m

Location

registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
24662G0108/00F0021,589 m² 1 · 306 m² 12.7 m · 3

Recognitions

Licences in the Official Gazette

2 publications · 2 kinds
Security firm approval (camera systems)
Renewed · decision 01-07-2026 · published on 04-11-2026 · Official Gazette
Security firm approval (alarm systems)
Renewed · decision 09-05-2017 · published on 11-12-2017 · Official Gazette

Invoicing and payment

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. Use the enterprise number 0435.598.294

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