GLOBAL SECURITY SOLUTION

Active

Private limited companyfounded 20215 yrs activeChaussée de Julémont(StA) 24, 4606 Dalhem, BelgiumKBO/BCE: BE 0762.885.796

Summary

The computed 12-month bankruptcy probability of GLOBAL SECURITY SOLUTION is 1.8% (moderate). For GLOBAL SECURITY SOLUTION, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2,497 and a net result of €2,392. Its solvency ranks better than 58% of 3287 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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GLOBAL SECURITY SOLUTIONActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Filing: At least two filing cycles are missing

Axes, FY 2023 · tick = 2022

Profitability100=

Solvency69▼-31

Growth52

Track record94

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2023

Solvency, return and age of the figures

Solvency

43.6%

Return on assets

41.8%

Age of the figures

33 mo

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 95

Relative position

BE, all sectors

reference

Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)

about 19% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 2 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline29-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

30 d late

2022

97 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 64 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 3 February 2021, GLOBAL SECURITY SOLUTION was incorporated as a Private limited company.¹ The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity

€2,497▲ 2,278%

2022 · €105

Total assets

€5,727▲ 5,354%

2022 · €105

Net result

€2,392▼ 73.0%

2022 · €8,853

Working capital

€2,497

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20222023

Operating result€8,975-€2,536▼ 71.7%

Net result€8,853-€2,392▼ 73.0%

Equity€105-€2,497▲ 2,278%

Total assets€105-€5,727▲ 5,354%

Debt€3,230

Working capital€2,497

Solvency43.6%

Current ratio1.77

Return on assets (ROA)41.8%

above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2023; 2023 is 72% below 2022.

Balance-sheet composition

Equity and liabilities €5,727

43.6%

56.4%

Equity €2,497

Debt €3,230

Debt finances 56.4% of the balance-sheet total.

Key figures and ratios

2023 value · change against 2022

Debt to equity

1.29

ROE

95.8%

Debt ≤ 1 year

€3,230

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2023 against 2022 · 26 lines

Balance sheet Code20222023

Assets

Total assets20/58€105€5,727▲

Current assets29/58€105€5,727▲

Amounts receivable within one year40/41€83€5,620▲

Trade receivables40€83€1,877▲

Other amounts receivable41-€3,743

Cash at bank and in hand54/58€22€107▲

Equity and liabilities

Total equity and liabilities10/49€105€5,727▲

Equity10/15€105€2,497▲

Contributions10/11€2,500€2,500=

Profit (loss) carried forward14-€2,395-€3▲

Amounts payable17/49-€3,230

Amounts payable within one year42/48-€3,230

Trade debts44-€3,230

Suppliers440/4-€3,230

Income statement Code20222023

Other operating charges640/8€128€555▲

Gross operating margin9900€9,103€3,091▼

Operating profit (loss)9901€8,975€2,536▼

Financial income75/76B-€96

Recurring financial income75-€96

Financial charges65/66B€122€240▲

Recurring financial charges65€122€240▲

Profit (loss) for the period before taxes9903€8,853€2,392▼

Profit (loss) for the period9904€8,853€2,392▼

Profit (loss) for the period to be appropriated9905€8,853€2,392▼

Appropriation of the result

Profit (loss) to be appropriated9906-€2,395-€3▲

Profit (loss) brought forward from the previous period14P-€11,248-€2,395▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2022	2023	Change
Other operating charges640/8	€128	€555	▲ 334%
Gross operating margin9900	€9,103	€3,091	▼ 66.0%
Operating profit (loss)9901	€8,975	€2,536	▼ 71.7%
Financial income75/76B	-	€96	-
Recurring financial income75	-	€96	-
Financial charges65/66B	€122	€240	▲ 96.7%
Recurring financial charges65	€122	€240	▲ 96.7%
Profit (loss) for the period before taxes9903	€8,853	€2,392	▼ 73.0%
Profit (loss) for the period9904	€8,853	€2,392	▼ 73.0%
Profit (loss) for the period to be appropriated9905	€8,853	€2,392	▼ 73.0%

Line	2022	2023	Change
Assets
Total assets20/58	€105	€5,727	▲ 5,354%
Current assets29/58	€105	€5,727	▲ 5,354%
Amounts receivable within one year40/41	€83	€5,620	▲ 6,671%
Trade receivables40	€83	€1,877	▲ 2,161%
Other amounts receivable41	-	€3,743	-
Cash at bank and in hand54/58	€22	€107	▲ 386%
Equity and liabilities
Total equity and liabilities10/49	€105	€5,727	▲ 5,354%
Equity10/15	€105	€2,497	▲ 2,278%
Contributions10/11	€2,500	€2,500	=
Profit (loss) carried forward14	-€2,395	-€3	▲ 99.9%
Amounts payable17/49	-	€3,230	-
Amounts payable within one year42/48	-	€3,230	-
Trade debts44	-	€3,230	-
Suppliers440/4	-	€3,230	-

Line	2022	2023	Change
Profit (loss) for the period9904	€8,853	€2,392	▼ 73.0%
Operating cash flow (approximation)	€8,853	€2,392	▼ 73.0%
Change in cash	-	€85	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

05-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 97 days late

NBB filing

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Dalhem · 1 establishment unit since 2021

seat establishment approximate The establishment unit on the map

Ground area

6,613 m²

Parcel 62092B0043/00N000, Wallonia. Linked by address, not a title deed.

1 establishment unit

GLOBAL SECURITY SOLUTION

Chaussée de Julémont(StA) 24, 4606 DalhemSpecialised construction activities

since 20212.315.911.028

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62092B0043/00N000	Wallonia	6,613 m²	-	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Welkenraedt · Eq €2,627

Michel BOONEN

BE 0424.090.532

Charleroi · Eq €2,653

Of 2,545 companies in sector 95290 we hold annual accounts for 419. 114 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded03-02-2021

Fiscal year end31-12

Activities, NACEBEL 2025

95290Repair and maintenance of other personal and household goods

43350Other building finishing work

46190Agents in non-specialised wholesale trade

46841Wholesale trade

70200Business and other management consultancy

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.