Equity
€67,592 ▼ 54.0%
FSB paid out €90,000 in dividends. That is 840% of the 2024 profit.
FSB
Lifetime
7 annual accounts with figures on one time axispeak €120,690 (2022)
€52,504▼ 9.2%
lowest -€12,084 (2019)
€10,719▲ 117%
peak €171,943 (2022)
€67,592▼ 54.0%
€243,878▼ 7.1%
Board4 names since 2018
1 director
Documentsfilings and deeds
23-08-202523 days late
2024micro format
Result from €4,931 to €10,719Registered office moved from Brussels to Haren 27-02Dividend €90,000Equity from €146,873 to €67,592Cash from €70,870 to €29,373
Key points
from the 2024 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Debts
€243,878 78% of the balance sheet
Suppliers 42%Taxes and wages 20%Other 38%
Of this, €243,158 falls due within a year.
Filings
7 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€18,600 186 shares
At the same address
32 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,272 companies had the same profile as FSB has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,272 companies, not a prediction for FSB. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Security company licence renewed
Decision of 08-05-2026, published on 28-05-2026
Company renamed from FIRST SECURITY BELGIUM to FSB
“toute activité relative à la sécurité privée et plus spécifiquement les activités entrées en vigueur le 10…” (deed in French) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0692667694
Registered office moved from Brussels to Haren
New registered office: rue de la Fusée 66 boite 14 à 1130 Haren · Previous registered office: Rue des Colonies, 11 à 1000 Bruxelles · Board meeting of 01-01-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FSB Brussels | €311,470 | €52,504 | 21.7% | - |
| SINTOS Dendermonde | €252,761 | €58,662 | 24.5% | - |
| SECURY3 Jette | €262,585 | €49,332 | 73.0% | - |
| F4SEC SECURITY GROUP Maaseik | €365,827 | €48,746 | 1.6% | 0 |
| SDS ENGINEERING & SAFETY SERVICES Nijlen | €196,657 | €47,020 | 85.7% | - |
| Videntium Investigations Knokke-Heist | €247,140 | €135,137 | 33.8% | - |
| RADAR RISK Mechelen | €170,685 | €47,086 | 16.1% | - |
These companies have the same main activity as FSB: investigation and private security services (NACE 80010). They are comparable in size and age: total assets between €171,000 and €366,000, founded between 2015 and 2020.
Official details
Source: KBO- Status
- Active since 19-03-2018Normal situation
- Registered office
- 33 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Investigation and private security servicesNACE 80010
- Establishment unit
- 2.274.360.9781341 Ottignies-Louvain-la-Neuve, since 19-03-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 03-01-2026
Insights on FSB
FSB files the micro format. That format states no turnover. The gross margin rose from -€8,764 in 2018 to €52,504 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FSB
- What is the company number of FSB?
- The company number of FSB is 0692.667.694. The VAT number is the same number with BE in front: BE 0692.667.694.
- Where is FSB based?
- The registered office is at Raketstraat 66, 1130 Brussels.Company details
- What does FSB do?
- According to the KBO register, the main activity is investigation and private security services (NACE 80010).
- What is the legal form of FSB?
- FSB is a private limited company (BV).
- When was FSB founded?
- FSB was founded on 19-03-2018.
- Is FSB still active?
- Yes, FSB is an active enterprise in the KBO register.
- What is the turnover of FSB?
- The turnover in financial year 2024 is ≈ €160,000. This figure is estimated from the gross margin of €52,504 and 2,666 comparable companies of the same size. It probably lies between €100,000 and €270,000. It is a rough estimate.Financials
- Is FSB profitable?
- In financial year 2024, FSB made a profit of €10,719.
- Where can I find the annual accounts of FSB?
- FSB filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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