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HD SECURITY

Active Private limited companyfounded 2021active for 5 yearsRue du Joncquois 38, 7370 DourKBO/BCE: BE 0762.648.048

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €84,455 (2025)
€84,455▲ 16.3%
peak €40,202 (2022)
€36,494▲ 45.6%
peak €87,504 (2023)
€9,060▼ 59.9%
€206,254▼ 11.1%
Board1 name since 2021
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €72,591 to €84,455Result from €25,062 to €36,494Dividend €50,000Equity from €22,566 to €9,060Cash from €89,054 to €53,351

Key points

from the 2025 annual accounts

Equity

€9,060 from €87,504 in 2023

Equity fell by 90% in 2 years.

Turnover

≈ €330,000 estimated

The micro format states no turnover.

Debts

€206,254 96% of the balance sheet
Financial debts 41%Suppliers 1%Taxes and wages 1%Other 57%

Of this, €124,907 falls due within a year.

Staff

1 employees on 31-12-2025
102023112024112025

In 2025, 1 person joined and 1 left.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 14 to 45 days before the end of the period.

Position in the sector

4.2%

Lower solvency than 89% of companies in specialised construction. Sector median 46.7% · 35,136 companies.

Checked score

65
Healthy
Financially stronger than 35% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.6 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026highest value 11-2026: 1.0%● unchanged vs 10-2026highest value

Financial strength
Average

29-5equity 4.2% of total assets
51-15short-term debt 58.0% · cash 24.8%
90+9return on assets 16.9%

Score breakdown

raises risk
Equity €9,060 (4.2% of total assets)
Founded in 2021
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 0.54, cash €53,351
Calculation

The band follows from the bankruptcy probability. 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 (NACE 43, micro). It does better than 10% of them on solvency, 45% on liquidity, 76% on profitability and 7% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as HD SECURITY has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of HD SECURITY itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 2,153 companies, not a prediction for HD SECURITY. 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

Credit of up to €500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.54 (0.84 in 2024), below 1. Short-term debt is 58% and cash 24.8% of total assets. 95.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €9,060 (4.2% of total assets)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.54, cash €53,351
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 35136 sector peers (2025).
NBB · sector comparison
Position among 35136 sector peers
Solvency
better than 11%
← weakest strongest →
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 · 5 filings
Deviation from the deadline
2025
32 days early
2024
29 days early
2023
14 days early
2022
31 days early
2021
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 30 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DH
Director, since 28-01-2021
  • DEGAUQUIER Hervé 100 sharesdeed of 01-02-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0762648048
Security firm approval (alarm systems) granted Decision of 23-04-2021, published on 01-04-2022
Incorporation Founding capital of €4,000, 100 shares · Founder: DEGAUQUIER Hervé · Appointment: DEGAUQUIER Hervé (director) · published on 01-02-2021 · Gazette deed
First establishment Rue du Joncquois 38, Dour
All 10 events

Comparable companies

same main activity, similar in size and age
Company
HD SECURITY Dour €215,314 €84,455 4.2% -
AS TECHNOLOGIES Saint-Ghislain €187,909 €84,433 21.2% -
ELECTRICOOL Morlanwelz €235,918 €88,281 32.0% -
DELY PROTEK Tournai €197,991 €76,531 1.3% -
TMZ Pont-à-Celles €256,704 €95,091 88.6% -
DIYARLOG Zaventem €201,420 €79,909 14.4% -
CLIMACOSTA Kraainem €214,347 €91,477 -11.7% -

These companies have the same main activity as HD SECURITY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €188,000 and €257,000, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 28-01-2021Normal situation
Activity
General electrical installation workNACE 43211and 3 others
Joint committee
149.01Electricians: installation and distribution · annual accounts 2025
Establishment unit
2.312.711.3157370 Dour, since 28-01-2021
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

€84,455▲ 16.3%
€36,494▲ 45.6%
€9,060▼ 59.9%
€215,314▼ 15.4%
Employeeson 31-12-2025
1=
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on HD SECURITY

HD SECURITY files the micro format. That format states no turnover. The gross margin rose from €22,363 in 2021 to €84,455 in 2025.

The balance sheet grew most from 2022 to 2024 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline
€84,455
▲ 16.3%
€50,568
▲ 42.1%
€36,494
▲ 45.6%
-€57,136
▼ €34,121
4.2%
▼ 4.7 percentage points
0.54
▼ 0.29

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €330,000. Estimated: probably between €200,000 and €520,000.

Balance sheet

balance sheet total €215,314 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

4.2%

Higher than 11% of 35,136 companies in 2025.

0.54

Higher than 8% of 34,510 companies in 2025.

16.9%

Higher than 73% of 34,711 companies in 2025.

HD SECURITY Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

€8,842

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left. Training hours in 2025: 1,193.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 215,314254,600178,374103,94760,789
21/28 147,543137,72870,36713,25910,489
21 8191,029---
22/27 146,724136,69970,36713,25910,489
22 64,45167,851---
23 15,96210,0038,9006,9174,405
24 42,50857,87461,4676,3426,084
26 23,803970---
29/58 67,771116,872108,00690,68850,300
40/41 9,13426,5466,72815,1899,630
40 8,1235,4505,35112,7396,505
41 1,01121,0961,3772,4503,125
54/58 53,35189,054100,80975,14039,869
490/1 5,2861,272470359801
Balance sheet: equity and liabilities
10/49 215,314254,600178,374103,94760,789
10/15 9,06022,56687,50459,73320,331
10/11 4,0004,0004,0004,0004,000
14 5,06018,56683,50455,73316,331
17/49 206,254232,03390,86944,21440,457
17 81,33692,14738,7589762,636
170/4 81,33692,14738,7589762,636
42/48 124,907139,88752,11143,23837,822
42 24,62122,42214,1741,6601,643
43 3,3743,388---
430/8 3,3743,388---
44 1,78515,8137,2149,53511,869
440/4 1,78515,8137,2149,53511,869
45 1,2198,26418,03413,9663,883
450/3 -7,55117,63413,9663,883
454/9 1,219713401--
47/48 93,90990,00012,68918,07720,426
492/3 10----
Income statement
9900 84,45572,59148,84155,17422,363
62 7,0732,404881--
630 24,86732,3618,4543,5321,037
640/8 6922,075615582170
66A 1,254168292--
9901 50,56835,58338,60051,06021,156
75/76B 511404011
75 511404011
65/66B 5,3724,2192,445776142
65 5,3724,2192,445776142
9903 45,70831,76936,15550,28521,015
67/77 9,2146,7087,55110,0833,883
9904 36,49425,06228,60440,20217,131
9905 36,49425,06228,60440,20217,131
Appropriation of the result
9906 55,060108,56684,33756,53317,131
14P 18,56683,50455,73316,331-
694/7 50,00090,000833800800
694 50,00090,000833800800
Social balance sheet
9087 0.80.50.2--
Hours worked1013 1,19439672--
Document PDFPDFPDFPDFPDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00210341 PDF
31-12-2024 micro format 02-07-2025 2025-00213766 PDF
31-12-2023 micro format 17-07-2024 2024-00252468 PDF
31-12-2022 micro format 30-06-2023 2023-00178992 PDF
31-12-2021 micro format 16-06-2022 2022-20065698 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
75,43567,94547,05354,59222,193
61,36157,42337,05843,73418,169
35,937102,49295,1616,73911,526
-35,703-11,75525,66935,271-
-57,136-23,01555,89547,45012,478
4.2%8.9%49.1%57.5%33.4%
0.540.842.072.101.33
22.7710.281.040.741.99
402.8%111.1%32.7%67.3%84.3%
16.9%9.8%16.0%38.7%28.2%
14.0416.1119.2570.37over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date111
full-time111
in full-time equivalents111
0.80.50.2
Joined111
Left110
Training hours1,19339571

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€35,937€101,442€95,161€6,739€11,526
Intangible fixed assets-€1,050---
€24,867€32,361€8,454€3,532€1,037

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on HD SECURITY

The operating result for 2025 is 42% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 91.1% to 95.8%. Equity and debt are lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 28-01-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DEGAUQUIER Hervé
Director (not named in the articles)
Board
Mandates as a list
  • DEGAUQUIER Hervé
    • Director (not named in the articles), from 28-01-2021 to date

See the board, name and registered office on a given date →

Control

This company
HD SECURITY
Equity €9,060
Profit €36,494 in 2025

Capital

Contribution
€4,000
Shares
100
Contribution per share
€40
Equity per share
€90.60 in 2025
Source
deed of 01-02-2021

Articles of association

deed of 01-02-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 18:00

Shareholders

At incorporation deed of 01-02-2021 ↗

Network & group

No group

HD SECURITY has no parent and no holdings in its annual accounts. DEGAUQUIER Hervé is the only director.

Earlier ties

MP - ELEC
via DEGAUQUIER Hervé, no longer at MP - ELEC · Director and manager
founded in 2009
total assets €414,015 (2025)

Connections & network

Depth

The network starts from the earlier ties.

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

Timeline

Timeline

10 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0762648048
Annual accounts 2024 filed PDFmicro format · 29 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 14 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 31 days before the deadline
2022
Highest result from 2021 to 2025 net €40,202 ▲135% The operating result of €51,060 and the net result of €40,202 are both a record.
Annual accounts 2021 filed PDFmicro format · 45 days before the deadline
2021
Security firm approval (alarm systems) granted GazetteDecision of 23-04-2021, published on 01-04-2022
IncorporationFounding capital of €4,000, 100 shares · Founder: DEGAUQUIER Hervé · Appointment: DEGAUQUIER Hervé (director) · published on 01-02-20215 points ▸
  • Founder, DEGAUQUIER Hervé
  • Founding capital, €4,000, 100 shares
  • DEGAUQUIER Hervé holds 100 shares
  • Registered office clause, rue du Joncquois, numéro 38, 7370 Dour (Blaugies)
  • Director appointment, DEGAUQUIER Hervé (director (not named in the articles))
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue du Joncquois 38, Dour

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

HD SECURITY was incorporated on 28 January 2021 as a private limited company by one natural person, with a starting capital of €4,000.12 Since 2021, DEGAUQUIER Hervé has served as director.3 Total assets rose from €60,789 in 2021 to €215,314 in 2025 and headcount from 0.2 full-time equivalents in 2023 to 0.8 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-02-2021
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021, 2023 and 2025

Company details

Identity

Enterprise number
0762.648.048
VAT number
BE 0762.648.048
Peppol ID
0208:0762648048
Legal form
Private limited company
Status
Active, normal situation
Founded
28-01-2021
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 18:00
deed of 01-02-2021 (in French)
Peppol
Reachable since 03-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
HD SECURITY in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 01-02-2021 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Rue du Joncquois, numéro 38, 7370 Dour (Blaugies)”
deed of 01-02-2021 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 149.01 Electricians: installation and distribution
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
33140 Repair, maintenance and installation of machinery and equipment
43212 Specialised construction activities
43222 Specialised construction activities
Social security (RSZ) activities
43211 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Tous travaux d'installations électriques au sens large, d'éclairage, de force motrice, de réseaux ordinateurs, de téléphonie (notamment…”
5 activities
  1. Tous travaux d'installations électriques au sens large, d'éclairage, de force motrice, de réseaux ordinateurs, de téléphonie (notamment l'installation de câblage et de fibre optique), de vidéophonie et vidéosurveillance, de parlophonie, de transmission d'images à distance, de systèmes d'alarme et détection incendie, de contrôle d'accès de tableaux informatiques, de câblages d'armoires électriques, de domotique, d'automation, d’alimentation de secours, et de distribution et installation d'enseignes lumineuses, sans que cette énumération soit limitative, mais au contraire exemplative, pour autant que ces activités aient un rapport direct ou indirect avec les applications de l'électricité et/ou de la sécurité
  2. Tous travaux d’installations électriques de système de chauffage
  3. La réparation, l’installation et l’entretien d’électroménager, de matériel informatique et autres mentionnés ci-avant
  4. La réalisation de toutes opérations d'investissements mobiliers et immobiliers, pour son compte ou pour compte de tiers, ainsi que les opérations relatives à la gestion de patrimoine et du portefeuille ainsi créé
  5. L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d'achat, l'exploitation, l'entretien de maisons, appartements, bureaux, fonds de commerce, magasins, terres et domaines, et de manière générale, de tous biens immobiliers, ainsi que de toutes opérations de financement
deed of 01-02-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Joncquois 38 registered office 7370 Dour 28-01-2021 2.312.711.315

Buildings and parcels at the address

Ground area
708 m²
Buildings
100 m²
Volume, LiDAR
626 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
100 m², 8.1 m 100 m², 8.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
53012A0512/00Z000708 m² 1 · 100 m² 8.1 m · 2

Recognitions

Licences in the Official Gazette

1 publication
Security firm approval (alarm systems)
Granted · decision 23-04-2021 · published on 01-04-2022 · Official Gazette

Invoicing and payment

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. Use the enterprise number 0762.648.048