ELD SECURITY
ActiveSummary
ELD SECURITY has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98,664 and a net result of €85,861, of which €120,699 non-recurring income. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 92% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- €98,664
- Profit
- €85,861
Why 88raises riskSize: total assets €111,752Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 8.72, cash €1,914lowers riskFounded in 2005Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 90% on solvency, 46% on liquidity, 92% on profitability and 99% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €85,861
- Liquidity more than 13 timescurrent ratio 8.72
Financials · financial year 2025, micro format
2025 annual accounts filed late (12 days) Filed on 12 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038421.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €90,371 after a loss of €11,182 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,373 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €120,699 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,387 | €23,121 | €23,302 | €19,888 | €19,888 | €18,577 | €4,626 | ▼ 75.1% |
| Other operating charges640/8 | - | - | - | €3,668 | €2,915 | €2,950 | €5,069 | ▲ 71.9% |
| Gross operating margin9900 | €18,277 | €38,769 | €36,636 | €31,332 | €18,824 | €10,345 | €100,066 | ▲ 867% |
| Operating profit (loss)9901 | -€7,915 | €12,914 | €9,632 | €7,777 | -€3,979 | -€11,182 | €90,371 | - |
| Financial income75/76B | - | - | - | €18 | €19 | €14 | €912 | ▲ 64× |
| Recurring financial income75 | €6 | €4 | €40 | €18 | €19 | €14 | €912 | ▲ 64× |
| Financial charges65/66B | - | - | - | €3,699 | €3,846 | €4,010 | €5,064 | ▲ 26.3% |
| Recurring financial charges65 | €5,327 | €3,861 | €4,629 | €3,699 | €3,846 | €4,010 | €5,064 | ▲ 26.3% |
| Profit (loss) for the period before taxes9903 | -€13,237 | €9,057 | €5,043 | €4,096 | -€7,806 | -€15,178 | €86,219 | - |
| Income taxes67/77 | €145 | €131 | €121 | €83 | €0 | - | €358 | - |
| Profit (loss) for the period9904 | -€13,382 | €8,926 | €4,922 | €4,013 | -€7,806 | -€15,178 | €85,861 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,382 | €8,926 | €4,922 | €4,013 | -€7,806 | -€15,178 | €85,861 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €289,243 | €273,556 | €284,814 | €295,274 | €248,048 | €217,480 | €111,752 | ▼ 48.6% |
| Fixed assets21/28 | €170,636 | €147,515 | €147,345 | €127,457 | €107,569 | €88,992 | €2,308 | ▼ 97.4% |
| Tangible fixed assets22/27 | €170,636 | €147,515 | €147,345 | €127,457 | €107,569 | €88,992 | €2,308 | ▼ 97.4% |
| Land and buildings22 | - | - | - | €111,270 | €96,008 | €82,058 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €16,187 | €11,561 | €6,934 | €2,308 | ▼ 66.7% |
| Current assets29/58 | €118,607 | €126,041 | €137,469 | €167,817 | €140,479 | €128,488 | €109,444 | ▼ 14.8% |
| Stocks and contracts in progress3 | €31,150 | €21,625 | €25,820 | €42,950 | €46,925 | €43,200 | €49,072 | ▲ 13.6% |
| Stocks30/36 | - | - | - | €34,950 | €35,925 | €36,250 | €44,192 | ▲ 21.9% |
| Contracts in progress37 | - | - | - | €8,000 | €11,000 | €6,950 | €4,880 | ▼ 29.8% |
| Amounts receivable within one year40/41 | €69,470 | €81,607 | €98,315 | €109,128 | €87,573 | €78,429 | €57,530 | ▼ 26.6% |
| Trade receivables40 | - | - | - | €103,587 | €86,333 | €75,678 | €53,884 | ▼ 28.8% |
| Other amounts receivable41 | - | - | - | €5,541 | €1,240 | €2,751 | €3,646 | ▲ 32.5% |
| Cash at bank and in hand54/58 | €6,700 | €13,749 | €6,240 | €12,592 | €2,782 | €3,295 | €1,914 | ▼ 41.9% |
| Deferred charges and accrued income490/1 | - | - | - | €3,147 | €3,198 | €3,564 | €928 | ▼ 74.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €289,243 | €273,556 | €284,814 | €295,274 | €248,048 | €217,480 | €111,752 | ▼ 48.6% |
| Equity10/15 | €17,926 | €26,852 | €31,774 | €35,787 | €27,981 | €12,803 | €98,664 | ▲ 671% |
| Contributions10/11 | €100,000 | - | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €8,160 | €8,160 | €8,160 | €8,160 | €8,160 | €8,160 | €8,160 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€90,234 | -€81,308 | -€76,386 | -€72,373 | -€80,179 | -€95,357 | -€9,496 | ▲ 90.0% |
| Amounts payable17/49 | €271,317 | €246,704 | €253,040 | €259,487 | €220,067 | €204,677 | €13,089 | ▼ 93.6% |
| Amounts payable after more than one year17 | €53,626 | €44,548 | €51,861 | €37,470 | €22,628 | €2,786 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €37,470 | €22,628 | €2,786 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €217,691 | €202,156 | €200,832 | €221,202 | €197,091 | €201,159 | €12,555 | ▼ 93.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,391 | €14,842 | €19,843 | €2,786 | ▼ 86.0% |
| Financial debts43 | - | - | - | €30,000 | €30,000 | €30,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €30,000 | €30,000 | €30,000 | €0 | ▼ 100% |
| Trade debts44 | €24,736 | €14,739 | €20,722 | €38,529 | €15,231 | €20,196 | €9,384 | ▼ 53.5% |
| Suppliers440/4 | - | - | - | €38,529 | €15,231 | €20,196 | €9,384 | ▼ 53.5% |
| Taxes, remuneration and social security45 | - | - | - | €633 | €1,148 | €600 | €385 | ▼ 35.8% |
| Taxes450/3 | - | - | - | €633 | €1,148 | €600 | €385 | ▼ 35.8% |
| Other amounts payable47/48 | - | - | - | €137,649 | €135,870 | €130,520 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €815 | €348 | €732 | €533 | ▼ 27.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,382 | €8,926 | €4,922 | €4,013 | -€7,806 | -€15,178 | €85,861 | - |
| + Depreciation and write-downs630 | €23,387 | €23,121 | €23,302 | €19,888 | €19,888 | €18,577 | €4,626 | ▼ 75.1% |
| Operating cash flow (approximation) | €10,005 | €32,047 | €28,223 | €23,901 | €12,083 | €3,399 | €90,487 | ▲ 27× |
| Investment in fixed assets (approximation) | - | €0 | -€23,132 | €0 | €0 | €0 | €82,058 | - |
| Change in cash | - | €7,049 | -€7,510 | €6,352 | -€9,809 | €513 | -€1,381 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 12-02-2026 | 2026-00038421 |
| 30-06-2024 | micro format | 10-02-2025 | 2025-00031651 |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00022319 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00022937 |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04300223 |
| 30-06-2020 | micro format | 29-01-2021 | 2021-04400143 |
| 30-06-2019 | micro format | 31-01-2020 | 2020-04200091 |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03600574 |
| 30-06-2017 | micro format | 31-01-2018 | 2018-04400169 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03900417 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEOLET Ludwig |
|
Owners and capital
Capital and shareholders
- 03-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 05-09-2024
- Registered-office move, Veerstraat 13,9870 Machelen-Zulte
03-01
Gazette deed
Resignation: DEOLET Ludwig (manager)Appointment: DEOLET Ludwig (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 27-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Director resignation, DEOLET Ludwig (manager)
- Director appointment, DEOLET Ludwig (director (not named in the articles))
- Other provision, “kwijting ontslagen zaakvoerder, te beslissen” (deed in Dutch)
- Power of attorney, Bernard Van der Auwermeulen (2 times)
- Capital
- Registered office clause, “Ter Mote 10,9850 Deinze, zetel blijft gevestigd” (deed in Dutch)
- Power of attorney
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0875.001.663
Recognitions · licences · registrations
Licences in the Official Gazette
2 publications · 2 kindsEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44037A1037/00D000 | Flanders | 469 m² | 1 · 121 m² | 9.1 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aankoop,verkoop,plaatsing van en groot- en kleinhandel in,en de in- en uitvoer van: Allerlei elektrische toestellen,onderdelen en…” (deed in Dutch)
21 activities (deed in Dutch)
- De aankoop,verkoop,plaatsing van en groot- en kleinhandel in,en de in- en uitvoer van: Allerlei elektrische toestellen,onderdelen en toebehoren
- Van computers,computerbenodigdheden,computeronderdelen,netwerken en databekabeling en toebehoren
- Elektrische installaties,automatisaties,verlichting,lighting controle en audio-installaties,het hiertoe benodigde materiaal,toestellen en apparaten
- Parlo- en videofonie,camerabewakingen toegangscontrole
- Domotica toepassingen en computersturingen in de breedste zin,en het hiertoe benodigde materiaal,toestellen en apparaten
- Brandbeveiliging
- Installatie van zonwering
- Sanitaire leidingen en installaties en loodgieterij
- Centrale verwarming en de bijhorende buizen en toestellen
- Luchtbehandeling en klimatisatie
- Het herstellen van alle bovengenoemde materieel
- Automatisatie en elektronisch bewaking,alarminstallaties,voor zover aan de vereiste voorwaarden kan voldaan worden
- Betaalautomaten voor commerciële toepassingen en privé-toepassingen
- Automatisatie van hekkens en poorten
- Telefonie-installaties
- Magneetkaartlezers voor het beheren van brandstof
- Verkoop en plaatsen van mazouttanks uitgerust met registratiesysteem
- Kaartlezers in benzinestations
- Installatie en onderhoud van betaalterminals voor tankkaarten
- Niet-gespecialiseerde handelsbemiddeling
- Alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten,welke daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en de onderhuur,de rechtstreekse uitbating of in regie,de ruiling,de verkoop,de onroerende financieringshuur,en in het algemeen,alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het productief maken,voor zichzelf of voor andere van alle bebouwde of onbebouwde onroerende eigendommen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ELD SECURITY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels oprichten of opheffen bij enkel besluit bestuursorgaan voor zover geen wijziging taalregime” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging overeenkomstig toepasselijke wettelijke bepalingen, Artikel 26” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 27, ontbinding en sluiting vereffening in één akte artikel 2:80 WVV” (deed in Dutch)