ECS-SECURITY

Active

Private limited companyfounded 20205 yrs activeGasthuisweide 51, 8520 Kuurne, BelgiumKBO/BCE: BE 0759.525.341

The computed 12-month bankruptcy probability of ECS-SECURITY is 2.2% (moderate). The 2025 annual accounts show equity of €6k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 27358 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

45 / 100

Fair▼ -38 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency12▼-78

Growth78=

Stability94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.79 against 1.79 in 2024), and 92% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27358 sector peers (2025).

NBB · sector comparison

Position among 27358 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

9 d early

2024

126 d early

2023

36 d early

2022

25 d late

2021

29 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€6k▼ 79.6%

2024 · €30k

2021: €3k 2022: €27k 2023: €52k 2024: €30k

2021 → 2025

Total assets

€76k▲ 25.4%

2024 · €60k

2021: €36k 2022: €49k 2023: €73k 2024: €60k

2021 → 2025

Net result

€3k▼ 80.4%

2024 · €17k

2021: €2k 2022: €24k 2023: €25k 2024: €17k

2021 → 2025

Working capital

€-8k

2024 · €24k

2021: €-3k 2022: €21k 2023: €44k 2024: €24k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€3k-€27k▲ 762%€52k▲ 90.3%€30k▼ 42.7%€6k▼ 79.6%

Operating result€4k-€31k▲ 759%€32k▲ 0.5%€24k▼ 23.7%€6k▼ 76.8%

Net result€2k-€24k▲ 1,017%€25k▲ 2.2%€17k▼ 29.1%€3k▼ 80.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 77% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €76k

59.8%

40.2%

Fixed assets €45k▲ 720%

Current assets €30k▼ 44.6%

Equity and liabilities €76k

92.0%

Equity €6k▼ 79.6%

Debt €69k▲ 127%

The debt ratio rises from 50.8% to 92.0%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€12k▼

2024 · €28k

Cash flow

€10k▼

2024 · €21k

Solvency

8.0%▼

2024 · 49.2%

Current ratio

0.79▼

2024 · 1.79

Quick ratio

0.65▼

2024 · 1.64

Debt / equity

11.50▲

2024 · 1.03

ROE

56.4%▼

2024 · 58.7%

ROA

4.5%▼

2024 · 28.9%

Interest coverage

9.21▼

2024 · 21.93

Debt

€69k▲

2024 · €31k

Debt ≤ 1 year

€38k▲

2024 · €31k

Debt > 1 year

€30k

Income taxes

€869▼

2024 · €6k

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€60k€76k▲

Fixed assets21/28€6k€45k▲

Intangible fixed assets21€99€0▼

Tangible fixed assets22/27€5k€45k▲

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€2k€3k▲

Leasing and similar rights25-€40k

Other tangible fixed assets26€471€151▼

Current assets29/58€55k€30k▼

Stocks and contracts in progress3€4k€5k▲

Stocks30/36€4k€5k▲

Amounts receivable within one year40/41€19k€12k▼

Trade receivables40€18k€11k▼

Other amounts receivable41€972€990▲

Cash at bank and in hand54/58€31k€8k▼

Deferred charges and accrued income490/1€595€6k▲

Equity and liabilities

Total equity and liabilities10/49€60k€76k▲

Equity10/15€30k€6k▼

Contributions10/11€1k€1k=

Reserves13€29k€5k▼

Distributable reserves133€29k€5k▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€31k€69k▲

Amounts payable after more than one year17-€30k

Financial debts170/4-€30k

Amounts payable within one year42/48€31k€38k▲

Current portion of amounts payable after more than one year42-€6k

Financial debts43€2k€2k▼

Credit institutions430/8€2k€2k▼

Trade debts44€3k€3k▼

Suppliers440/4€3k€3k▼

Taxes, remuneration and social security45€6k€7k▲

Taxes450/3€6k€7k▲

Other amounts payable47/48€19k€21k▲

Accrued charges and deferred income492/3-€1k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲

Other operating charges640/8€763€925▲

Gross operating margin9900€29k€13k▼

Operating profit (loss)9901€24k€6k▼

Financial income75/76B€63€20▼

Recurring financial income75€63€20▼

Financial charges65/66B€1k€1k▲

Recurring financial charges65€1k€1k▲

Profit (loss) for the period before taxes9903€23k€4k▼

Income taxes67/77€6k€869▼

Profit (loss) for the period9904€17k€3k▼

Profit (loss) for the period to be appropriated9905€17k€3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€17k€3k▼

Transfer from equity791/2€39k€27k▼

Transfer to equity691/2€17k€3k▼

To other reserves6921€17k€3k▼

Profit to be distributed694/7€39k€27k▼

Return on contributions (dividend)694€39k€27k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

27-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2021net €25k ▲2.2%

Operating result €32k, net result €25k, both a record.

25-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 25 days late

2022

31-12

Financial Liquidity doublescurrent ratio 1.96

Current ratio from 0.89 to 1.96; short-term debt falls from €33k to €22k.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Kuurne · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Gasthuisweide 518520 Kuurne

Ground area

243 m²

Building footprint

86 m²

Volume, LiDAR

549 m³

Parcel 34023B0679/00Y003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ECS-SECURITY

Gasthuisweide 51, 8520 KuurneRepair, maintenance and installation of machinery and equipment

since 20202.310.752.212

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34023B0679/00Y003	Flanders	242 m²	1 · 86 m²	9.3 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

YILMAZ CONSTRUCTIONS

BE 0770.493.467

Sint-Niklaas · Eq €6k

Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 4,152 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-12-2020

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.