Checked.be
Active
BE 0876.310.074Private limited company
FUTURE SECURITY ASSUR
Zaalhof 20 ·8900 Ieper, Belgium· 20 yrs active
Conclusion
FUTURE SECURITY ASSUR has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €501k and a net result of €-6k. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €501k |
| Net result | €-6k |
| Active | 20 yrs |
| Locations | 1 |
Financial profile
39
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
28
Profitability
0
Solvency
11
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2005, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
28
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€14k
estimate, not credit advice
Score history
23
2023
28
2024
28
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.12 (< 1.0)
-10
Quick ratio
Quick ratio 0.12 (< 0.6)
-5
Leverage
Debt/equity 5.06 (> 3.0)
-10
Profitability
Negatieve ROE -1%
-10
Interest coverage
Interest coverage 687.4× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 15-12-2025 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 3 fiscal years (±2.1%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€96k
+5.6%
23-25
€-6k
+61.2%
23-25
€102k
+8.8%
23-25
€3.04M
-0.2%
23-25
€501k
-1.2%
23-25
€-2.22M
+4.4%
23-25
€2.54M
0.0%
23-25
€2.53M
0.0%
23-25
0.12
+47.7%
23-25
0.12
+47.7%
23-25
16.5%
-1.0%
23-25
5.06
+1.2%
23-25
-1.2%
+60.7%
23-25
-0.2%
+61.1%
23-25
687.44
-9.4%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €96k | €91k | €80k |
| Net profit | €-6k | €-15k | €-24k |
| Cash flow | €102k | €94k | €80k |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €3.04M | €3.04M | €3.07M |
| Equity | €501k | €507k | €523k |
| Debt | €2.54M | €2.54M | €2.55M |
| of which ≤ 1y | €2.53M | €2.53M | €2.55M |
| of which > 1y | - | - | - |
| Working capital | €-2.22M | €-2.32M | €-2.35M |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.12 | 0.08 | 0.08 |
| Quick ratio | 0.12 | 0.08 | 0.08 |
| Working capital ratio | -73.0% | -76.2% | -76.5% |
| Solvency | 16.5% | 16.7% | 17.0% |
| Debt / equity | 5.06 | 5.00 | 4.88 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 687.44 | 759.18 | 803.46 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -0.2% | -0.5% | -0.8% |
| ROE | -1.2% | -3.0% | -4.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €3.04M | €3.04M | €3.07M |
| Fixed assets | 21/28 | €2.72M | €2.83M | €2.88M |
| Tangible fixed assets | 22/27 | €2.72M | €2.83M | €2.88M |
| Current assets | 29/58 | €316k | €214k | €197k |
| Amounts receivable within one year | 40/41 | €2k | €778 | - |
| Cash & bank | 54/58 | €314k | €213k | €197k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.04M | €3.04M | €3.07M |
| Equity | 10/15 | €501k | €507k | €523k |
| Contributions / capital | 10/11 | €220k | €220k | €220k |
| Reserves | 13 | €10k | €10k | €10k |
| Accumulated profits (losses) | 14 | €272k | €278k | €293k |
| Amounts payable | 17/49 | €2.54M | €2.54M | €2.55M |
| Amounts payable within one year | 42/48 | €2.53M | €2.53M | €2.55M |
| Trade debts payable within one year | 44 | €313 | - | €15k |
| Income statement | ||||
| Gross operating margin | 9900 | €114k | €101k | €93k |
| Operating result | 9901 | €-12k | €-18k | €-24k |
| Financial income | 75 | €6k | €3k | - |
| Financial charges | 65 | €140 | €120 | €100 |
| Result before taxes | 9903 | €-6k | €-15k | €-24k |
| Net result for the period | 9904 | €-6k | €-15k | €-24k |
| Result to be appropriated | 9905 | €-6k | €-15k | €-24k |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 28-09-2005 |
| Status | Active |
| Postal code | 8900 |
Establishment units
FUTURE SECURITY ASSUR
since 20052.149.149.618
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011I0558/00E009 | Flanders | 523 m² | 1 · 451 m² | 9.2 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
NBB filing
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | FUTURE SECURITY ASSUR |