Equity
DétectiveBelgique.be has made a profit in every financial year since 2022.
DétectiveBelgique.be has made a profit in every financial year since 2022.
The micro format states no turnover.
Short-term debts rose from €19,867 to €29,184.
The 2022 accounts came latest: 32 days after the end of the period.
Higher net result than 80% of companies in security and investigation. Sector median €8,596 · 324 companies.
The dashed line is the sector median: 0.3% across 480 companies (NACE 80, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 80, micro). It does better than 79% of them on solvency, 87% on liquidity, 91% on profitability and 91% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
In July 2024, 39,278 companies had the same profile as DétectiveBelgique.be has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DétectiveBelgique.be itself is lower: < 0.1% within 12 months. It rests on far more data about DétectiveBelgique.be than the profile alone.
The method was tested on the 497,446 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.
| 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% |
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 39,278 companies, not a prediction for DétectiveBelgique.be. 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.
Liquidity is ample, with a current ratio of 3.38 (2.5 in 2024), above the usual 1.5. Short-term debt is 26.2% and cash 78.1% of total assets. 26.2% of the assets are financed with debt and provisions.
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.
The company filed its last 4 accounts on average 15 days after the deadline. In the sector (NACE 80), the median for financial year 2024 was 2 days before the deadline, and 42% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| DétectiveBelgique.be Waterloo | €111,512 | €76,167 | 73.8% | - |
| ASO Consulting Jodoigne | €98,226 | €48,986 | 34.2% | - |
| Saveguard Stekene | €157,095 | €65,258 | 71.9% | - |
| Spitaels Security Sint-Lievens-Houtem | €112,126 | €39,741 | 94.2% | - |
| BELGUARD SECURITY Tubize | €85,409 | €64,331 | 57.1% | - |
| F3S BELGIUM Braine-l'Alleud | €59,173 | €35,740 | 79.0% | - |
| Xpert Security Ostend | €177,749 | €42,843 | 66.7% | - |
These companies have the same main activity as DétectiveBelgique.be: investigation and private security services (NACE 80010). They are comparable in size and age: total assets between €59,200 and €178,000, founded between 2021 and 2023.
DétectiveBelgique.be files the micro format. That format states no turnover. The gross margin rose from €7,315 in 2022 to €76,167 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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