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G4S SECURE SOLUTIONS

Active
Public limited companyfounded 1971active for 55 yearsPicardstraat 7, 1000 Brussel, BelgiumKBO/BCE: BE 0411.519.431
Summary

G4S SECURE SOLUTIONS has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5.9m) and a net result of -€1.8m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 79 sector peers (NACE 80, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Investigation and private security services
NACE 80010
#1 company by total assets in the Brussels-Capital Region, Security and investigation sector10 sites
Size
€187.6mturnover 2025
Staff
3,159.9 FTE
Equity
-€5.9m
Loss
-€1.8m
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
G4S SUPPORT SERVICES · 99.96%
Holdings
10
Auditor: DeloitteAccounts 32 days early6 of 115 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€5.9mLoss of €1.8m, the second in a row (financial year 2025)lowers riskSize: turnover €187.6m, 3,159.9 FTE, total assets €109.6mLiquidity: current ratio 0.69, cash €29.3mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 24% of its sector peers (all companies)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 20-1
equity -5.4% of total assets
Liquidity 33+6
short-term debt 100.6% · cash 26.8%
Profitability 25+18
return on assets -1.7%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (10 companies, NACE 80, large)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.5 percentage points vs 06-2025highest value 08-2025: 0.7%● unchanged vs 07-2025highest value 09-2025: 0.7%● unchanged vs 08-2025highest value 10-2025: 0.7%● unchanged vs 09-2025highest value 11-2025: 0.7%● unchanged vs 10-2025highest value 12-2025: 0.7%● unchanged vs 11-2025highest value 01-2026: 0.7%● unchanged vs 12-2025highest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%▼ -0.2 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.69, compared with 0.68 in 2024; short-term debt: 100.6% and cash: 26.8% of total assets), and equity is negative.
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 (all companies): better than 8% on solvency, 33% on liquidity, 18% on profitability and 38% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€5.9m
NBB · annual accounts
lowers risk · Size: turnover €187.6m, 3,159.9 FTE, total assets €109.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.69, cash €29.3m
NBB · annual accounts
raises risk · Loss of €1.8m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€5.9m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
2023
26 days early
2022
38 days early
2021
51 days early
2020
2 days late
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median (NACE 80) for financial year 2024 is 2 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointment: Bruin Bourgois (director)Gazette deed
  3. Reappointment: Deloitte (company auditor and statutory…Permanent representative: Cédric Bogaerts

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€5.9m View
  • Caution: Among the weakest 5% on equitysector median €636,550 · 79 companies -€5.9m View
  • Positive: Result rose in 2025from -€7.5m to -€1.8m ▲ 75.7% View
  • EU supportawarded 2021 - 2025 €73.8m View
  • Controlled by G4S SUPPORT SERVICESultimately: ATLAS ONTARIO LP 99.96% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€1.8m View
  • New directorlatest change 01-06-2026 · 1 in office 1 joined View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
€187.6m
Loss
-€1.8m
Solvency
-5.4%
Turnover▲ 7.0%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
G4S SUPPORT SERVICES · 99.96%
Auditor
Deloitte
  • Bruin BourgoisDirector
Go to Board & ownership

Network & group

Group
ATLAS ONTARIO LP
Subsidiaries
10
Connected companies
2

10 subsidiaries

Go to Network & group

Timeline

Events
56
Since
1978
Next accounts
by 31-07-2027
  1. 29-08-2025Resignations & appointments
  2. 23-06-2025Annual accounts filed
  3. 05-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
10
Legal form
Public limited company
Activity
Investigation and private security servicesNACE 80010
Founded
08-10-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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