EUROPEAN SECURITY CONCEPT
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
EUROPEAN SECURITY CONCEPT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €473,556 and a net result of €199,301. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 37% of 1,256 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 15-02-2010 Normal situation
- Registered office
- 16 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Construction of utility projects for electricity and telecommunications NACE 42220and 3 others
- Establishment unit
- 2.185.213.525 1620 Drogenbos, since 25-02-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 27-07-2025
Board and ownership
- AZIZ Mostafa KamalDirector · since 11-02-2010
- EL BOUCHTILI M'hamedDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €1.9m
- ▲ 27.8%
- Turnover
- ≈ €3.5m
- estimated
- Profit
- €199,301
- ▲ 73.2%
- Equity
- €473,556
- ▲ 11.6%
- Total assets
- €1.4m
- ▲ 20.9%
- Staff
- 20 FTE
- ▲ 1.0%
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts lateSector: Civil engineering (NACE 42)lowers riskSize: total assets €1.4mFounded in 2010Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 42, micro). It does better than 37% of them on solvency, 50% on liquidity, 67% on profitability and 56% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 95% of companies in civil engineeringsector median €12,006 · 1,252 companies €199,301 View
- Positive: Result rose in 2025from €115,052 to €199,301 ▲ 73.2% View
- Positive: 8 profitable years in a rowprofit 2025: €199,301 8 years View
- EU supportawarded from 2021 to 2025 €8.5m View
Comparable companies
These companies have the same main activity as EUROPEAN SECURITY CONCEPT: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €1m and €2.8m, founded between 2001 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| EUROPEAN SECURITY CONCEPT Drogenbos | €1.4m | €1.9m |
| DAHCOM Andenne | €1.8m | €1.3m |
| ECOCHAUFFAGE La Louvière | €1.2m | €1.1m |
| MAGIMEX Antwerpen | €1.0m | €1.6m |
| TSPO Thimister-Clermont | €1.4m | €1.9m |
| BAERT G.E. Sint-Gillis-Waas | €2.3m | €1.7m |
| Ervila Affligem | €2.8m | €2.8m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-09-2026
- Annual accounts 2024filed on 30-08-2025
- Annual accounts 2023filed on 22-08-2024
- Annual accounts 2022filed on 07-08-2023
Acts in the Belgian Official Gazette
- Amendment of the articlesact of 23-04-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0823.170.110
Key facts about EUROPEAN SECURITY CONCEPT
- What is the company number of EUROPEAN SECURITY CONCEPT?
- The company number of EUROPEAN SECURITY CONCEPT is 0823.170.110. The VAT number is the same number with BE in front: BE 0823.170.110.
- Where is EUROPEAN SECURITY CONCEPT based?
- The registered office is at Humaniteitslaan 233, 1620 Drogenbos.Company details
- What does EUROPEAN SECURITY CONCEPT do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of EUROPEAN SECURITY CONCEPT?
- The legal form of EUROPEAN SECURITY CONCEPT is Private limited company (BV).
- When was EUROPEAN SECURITY CONCEPT founded?
- EUROPEAN SECURITY CONCEPT was founded on 15-02-2010.
- Is EUROPEAN SECURITY CONCEPT still active?
- Yes, EUROPEAN SECURITY CONCEPT is an active enterprise in the KBO register.
- How many employees does EUROPEAN SECURITY CONCEPT have?
- EUROPEAN SECURITY CONCEPT had an average of 20 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EUROPEAN SECURITY CONCEPT?
- The turnover in financial year 2025 is ≈ €3.5m. This figure is estimated from the gross margin of €1.9m and 56 comparable companies of the same size. It probably lies between €2.2m and €4.7m. It is a rough estimate.
- Is EUROPEAN SECURITY CONCEPT profitable?
- In financial year 2025, EUROPEAN SECURITY CONCEPT made a profit of €199,301.
- Where can I find the annual accounts of EUROPEAN SECURITY CONCEPT?
- EUROPEAN SECURITY CONCEPT filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of EUROPEAN SECURITY CONCEPT due?
- EUROPEAN SECURITY CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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