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FICHET SECURITY SOLUTIONS BELGIUM

Active
Public limited companyfounded 1981active for 45 yearsLeuvensesteenweg 557, 1930 Zaventem, BelgiumKBO/BCE: BE 0421.582.586
Summary

The computed 12-month bankruptcy probability of FICHET SECURITY SOLUTIONS BELGIUM is 5.0% (elevated). The annual accounts of FICHET SECURITY SOLUTIONS BELGIUM for financial year 2024 show a net loss of 88% of the equity at the start of that year. The 2024 annual accounts show equity of €64,175 and a net result of -€473,253. Equity is shrinking by about 37% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 8% of 3,535 sector peers (NACE 43, financial year 2024). The company has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
FICHET SECURITY SOLUTIONS BELGIUMActiveChecked score 35/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211Electrical installation work in industrial facilities NACE 43212
Largest employer in Zaventem, Construction sector1 site
Size
€8.8mturnover 2024
Staff
43.3 FTE
Equity
€64,175
Loss
-€473,253
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Structure
Parent
Fichet Security Solutions France · 100%
Auditor: Deloitte2025 accounts not filed, 86 days past the deadline15 of 46 deeds summarised
Why 35raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 301 days late; 3 of the last 3 lateEquity €64,175 (1.4% of total assets)lowers riskFounded in 1981Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 10% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 26-10
equity 1.4% of total assets
Liquidity 30-13
short-term debt 65.8% · cash 12.2%
Profitability 5-8
return on assets -10.3%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025lowest value 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.2%▲ +0.2 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.6%▲ +0.4 percentage points vs 11-2025 01-2026: 2.6%▲ +1.0 percentage point vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.4%▼ -0.2 percentage points vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.8%▲ +0.4 percentage points vs 05-2026 07-2026: 2.8%● unchanged vs 06-2026 08-2026: 3.0%▲ +0.2 percentage points vs 07-2026 09-2026: 2.9%▼ -0.1 percentage points vs 08-2026 10-2026: 5.0%▲ +2.1 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.5, compared with 1.4 in 2023, above the usual 1.5; short-term debt: 65.8% and cash: 12.2% of total assets), but 98.6% of the assets are financed with debt and provisions.
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, small): better than 4% on solvency, 24% on liquidity, 4% on profitability and 8% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

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Signals

Eight signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 301 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1981
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €64,175 (1.4% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€473,253
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 3535 sector peers (2024).
NBB · sector comparison
Position among 3535 sector peers
Solvency
better than 8%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 301 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2026, 301 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
301 days late
2023
44 days late
2022
182 days late
2021
5 days early
2020
72 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 73 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Power of…
  2. Appointment: Luc Borlon (director)Gazette deed
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2024 -€473,253 View
  • Caution: Equity fell in 2024from €537,427 to €64,175 ▼ 88.1% View
  • Caution: Among the weakest 5% on net resultsector median €29,357 · 3,534 companies -€473,253 View
  • Caution: Board changedlatest change 01-08-2026 · 2 in office 2 joined · 2 left View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • EU supportawarded from 2023 to 2024 €1.0m View
  • Known shareholderslargest: Fichet Security Solutions… 100% 100% View
  • Active since 1981founded 12-05-1981 45 years View

By topic

Financials

Financial year
2024
Turnover
€8.8m
Loss
-€473,253
Solvency
1.4%
Turnover▼ 20.3%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
Fichet Security Solutions France · 100%
Known shareholders
100%
Auditor
Deloitte
  • d'Alès HuguesDirector
  • Luc BorlonManaging director
Go to Board & ownership

Timeline

Events
53
Since
1982
  1. 09-04-2026Resignation: Roman Yves (director)
  2. 02-12-2025Resignation: Terrien Olivier (enige bestuurder)
  3. 09-09-2025Reappointment: Deloitte (company auditor)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General electrical installation workNACE 43211
Founded
12-05-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
9
Who signs
Two directors jointly, or a managing director alone
Annual meeting
Second Wednesday of May at 10:00
Purpose
“De uitbating in de breedste zin van het woord,zowel in België als in het buitenland,van…” (deed in Dutch)
Go to Articles of association

Key facts about FICHET SECURITY SOLUTIONS BELGIUM

What is the company number of FICHET SECURITY SOLUTIONS BELGIUM?
0421.582.586. In Belgium the VAT number is the company number with BE in front: BE 0421.582.586.
Where is FICHET SECURITY SOLUTIONS BELGIUM based?
The registered office is at Leuvensesteenweg 557, 1930 Zaventem.Company details
What does FICHET SECURITY SOLUTIONS BELGIUM do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of FICHET SECURITY SOLUTIONS BELGIUM?
Public limited company (NV).
When was FICHET SECURITY SOLUTIONS BELGIUM founded?
On 12-05-1981.
Is FICHET SECURITY SOLUTIONS BELGIUM still active?
Yes, FICHET SECURITY SOLUTIONS BELGIUM is an active enterprise in the KBO register.
How many employees does FICHET SECURITY SOLUTIONS BELGIUM have?
On average 43.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of FICHET SECURITY SOLUTIONS BELGIUM?
€8.8m in financial year 2024, according to the filed annual accounts.
Is FICHET SECURITY SOLUTIONS BELGIUM profitable?
In financial year 2024, FICHET SECURITY SOLUTIONS BELGIUM made a loss of €473,253.
Where can I find the annual accounts of FICHET SECURITY SOLUTIONS BELGIUM?
FICHET SECURITY SOLUTIONS BELGIUM filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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