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GLOBAL SECURITY SOLUTION

Active
Private limited companyfounded 2021active for 5 yearsChaussée de Julémont(StA) 24, 4606 Dalhem, BelgiumKBO/BCE: BE 0762.885.796
Summary

The computed 12-month bankruptcy probability of GLOBAL SECURITY SOLUTION is 9.1% (elevated). 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 3,251 sector peers (NACE 95, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

GLOBAL SECURITY SOLUTIONActive

Overview

Activity
Repair and maintenance of other personal and household goods
NACE 95290
1 site
Size
≈ €24,000turnover 2023, estimated
Equity
€2,497
Profit
€2,392
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
9.1%
2023 figures too old to score
Structure
2024 accounts not filed, 456 days past the deadline1 of 2 deeds summarised
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 30 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 08-09-2024)Size: total assets €5,727No filing in 24 months (latest 08-09-2024)Two or more financial years not filed2023 accounts filed 30 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 69-31
equity 43.6% of total assets
Liquidity 23-29
short-term debt 56.4% · cash 1.9%
Profitability 100=
return on assets 41.8%
Bankruptcy probability, 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,126 companies, NACE 95, micro)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.6%▼ -0.1 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025lowest value 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 3.2%▲ +0.6 percentage points vs 03-2025 05-2025: 3.8%▲ +0.6 percentage points vs 04-2025 06-2025: 4.1%▲ +0.3 percentage points vs 05-2025 07-2025: 4.2%▲ +0.1 percentage points vs 06-2025 08-2025: 4.7%▲ +0.5 percentage points vs 07-2025 09-2025: 4.8%▲ +0.1 percentage points vs 08-2025 10-2025: 7.1%▲ +2.3 percentage points vs 09-2025 11-2025: 7.2%▲ +0.1 percentage points vs 10-2025 12-2025: 8.0%▲ +0.8 percentage points vs 11-2025 01-2026: 10.5%▲ +2.5 percentage points vs 12-2025 02-2026: 10.6%▲ +0.1 percentage points vs 01-2026 03-2026: 10.8%▲ +0.2 percentage points vs 02-2026highest value 04-2026: 10.2%▼ -0.6 percentage points vs 03-2026 05-2026: 10.2%● unchanged vs 04-2026 06-2026: 10.0%▼ -0.2 percentage points vs 05-2026 07-2026: 6.3%▼ -3.7 percentage points vs 06-2026 08-2026: 8.3%▲ +2.0 percentage points vs 07-2026 09-2026: 8.2%▼ -0.1 percentage points vs 08-2026 10-2026: 9.1%▲ +0.9 percentage points vs 09-2026
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Signals

Six signals.
raises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 30 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 08-09-2024)
NBB · annual accounts
raises risk · Size: total assets €5,727
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · No filing in 24 months (latest 08-09-2024)
NBB · filings
raises risk · 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 year end31-07-2025 deadline30-10-2026 today
raises risk · 2023 accounts filed 30 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
30 days late
2022
97 days 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 (NACE 95) for financial year 2024 is on the deadline day, and 47% 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. Annual accounts filedfinancial year 2023 · micro…
  2. Resignation: Jean-Christophe Diet (manager)Appointment: Michel Bragard (manager) ·…
  3. Annual accounts filedfinancial year 2022 · micro…

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 30 October 2026.

Turnover
≈ €24,000
Estimated: probably between €9,900 and €49,000
Total assets
€5,727▲ 55×
2022 · €105
Net result
€2,392▼ 73.0%
2022 · €8,853
Working capital
€2,497
Trend over the years

2022 to 2023, 2 financial years

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

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,536 2023 Net result€2,392 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets.

Every figure with its change against the financial year before
favourable unfavourable
Line20222023
Operating result€8,975-€2,536▼ 71.7%
Net result€8,853within the sector's middle half-€2,392within the sector's middle half▼ 73.0%
Equity€105below the sector's middle half-€2,497below the sector's middle half▲ 24×
Total assets€105below the sector's middle half-€5,727below the sector's middle half▲ 55×
Debt€3,230
Working capital€2,497within the sector's middle half
Solvency43.6%within the sector's middle half
Current ratio1.77within the sector's middle half
Return on assets (ROA)41.8%above the sector's middle half
above within below the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €5,727
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
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.

Line20222023Change
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%
Line20222023Change
Assets
Total assets20/58€105€5,727▲ 55×
Current assets29/58€105€5,727▲ 55×
Amounts receivable within one year40/41€83€5,620▲ 68×
Trade receivables40€83€1,877▲ 23×
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▲ 55×
Equity10/15€105€2,497▲ 24×
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-
Line20222023Change
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.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2023 micro format 30-08-2024 2024-00455813
31-12-2022 micro format 05-11-2023 2023-00510029

Similar companies · same sector, comparable size

Of the 2,526 active companies whose main activity is repair and maintenance of other personal and household goods (NACE 95290), figures are known for 426. 121 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
Michel Bragard
Manager · since 03-06-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Michel Bragard
  • Manager, from 03-06-2024 to date
Jean-Christophe Diet
  • Manager, until 03-06-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 3 February 2021, GLOBAL SECURITY SOLUTION was incorporated as a private limited company.1 In 2024 the registered office moved to Andenne.2 The company has filed 2 sets of annual accounts, the latest for financial year 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-06-2024
  3. 3National Bank, annual accounts 2023

Acts, filings and financial milestones

2024
30-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 30 days late
03-06
Gazette deed Resignation: Jean-Christophe Diet (manager)
Appointment: Michel Bragard (manager) · Registered-office move5 facts ▸
  • General meeting, 28-12-2023
  • Registered-office move, 30 rue Brun à 5300 Andenne
  • Director resignation, Jean-Christophe Diet (manager)
  • Director appointment, Michel Bragard (manager)
  • Other provision, “non poursuite temporaire de l'entreprise, non poursuite temporaire décidée” (deed in French)
2023
05-11
NBB filing Annual accounts filed
financial year 2022 · micro format · 97 days late
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded03-02-2021
Financial 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 Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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

Register as of 30 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0762.885.796

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Dalhem · 1 establishment unit since 2021
registered office 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 DalhemOther building finishing work
since 2021unit no. 2.315.911.028
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62092B0043/00N000 Wallonia 6,613 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.