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HIGH PROTECTION SYSTEMS

Active
Public limited companyfounded 1994active for 32 yearsRue Ilya Prigogine 89-91, 1480 Tubize, BelgiumKBO/BCE: BE 0452.403.446
Summary

HIGH PROTECTION SYSTEMS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209,885 and a net result of €527. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 9% of 6,153 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
HIGH PROTECTION SYSTEMSActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46496
1 site
Size
≈ €2.7mturnover 2025, estimated
Staff
6.9 FTE
Equity
€209,885
Profit
€527
Turnover estimated from the gross margin
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
Racing Force Holding SARL · 100%
2025 accounts 115 days early2 of 14 deeds summarised
Why 65raises riskLiquidity: current ratio 0.72, cash €49,200Equity €209,885 (3.5% of total assets)Size: 6.9 FTE, total assets €6.0mlowers riskFounded in 1994Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 26% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 28-3
equity 3.5% of total assets
Liquidity 16-15
short-term debt 65.7% · cash 0.8%
Profitability 31-2
return on assets 0.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 1.8%▼ -0.1 percentage points vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.9 percentage points vs 12-2025lowest value 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.1%▲ +0.2 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points 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 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.72, compared with 0.79 in 2024, below 1; short-term debt: 65.7% and cash: 0.8% of total assets), and 96.5% of the assets are financed with debt and provisions.
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 (NACE 46, micro): better than 19% on solvency, 16% on liquidity, 26% on profitability and 42% on growth.

The bankruptcy probability was computed on 30-10-2026 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 · Liquidity: current ratio 0.72, cash €49,200
NBB · annual accounts
raises risk · Equity €209,885 (3.5% of total assets)
NBB · annual accounts
raises risk · Size: 6.9 FTE, total assets €6.0m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 6153 sector peers (2025).
NBB · sector comparison
Position among 6153 sector peers
Solvency
better than 9%
← 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 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
115 days early
2024
115 days early
2023
118 days early
2022
124 days early
2021
60 days early
2020
113 days early
2019
31 days late
← 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 88 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 7 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Stephane Cohen, Piero Paolo Delprato…Appointments: Stephane Cohen (managing director)…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Among the weakest 10% on solvencysector median 45.2% · 6,153 companies 3.5% View
  • New directorslatest change 11-12-2025 · 3 in office 3 joined View
  • Controlled by Racing Force Holding SARL 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €527 7 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€6.0m
Profit
€527
Solvency
3.5%
Turnover▼ 41.5%
Net result
20182021
Go to Financials

Board & ownership

Board
3 members
Parent
Racing Force Holding SARL · 100%
  • Piero Paolo DelpratoChair
  • Guido Maria PedoneDirector
  • Stephane CohenManaging director
Go to Board & ownership

Timeline

Events
38
Since
1995
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €200,000
  2. 04-04-2024Annual accounts filed
  3. 27-12-2023Registered office
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46496
Founded
06-04-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about HIGH PROTECTION SYSTEMS

What is the company number of HIGH PROTECTION SYSTEMS?
0452.403.446. In Belgium the VAT number is the company number with BE in front: BE 0452.403.446.
Where is HIGH PROTECTION SYSTEMS based?
The registered office is at Rue Ilya Prigogine 89-91, 1480 Tubize.Company details
What does HIGH PROTECTION SYSTEMS do?
According to the KBO register, the main activity is wholesale trade (NACE 46496).
What is the legal form of HIGH PROTECTION SYSTEMS?
Public limited company (NV).
When was HIGH PROTECTION SYSTEMS founded?
On 06-04-1994.
Is HIGH PROTECTION SYSTEMS still active?
Yes, HIGH PROTECTION SYSTEMS is an active enterprise in the KBO register.
How many employees does HIGH PROTECTION SYSTEMS have?
On average 6.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HIGH PROTECTION SYSTEMS?
€1.3m in financial year 2021, according to the filed annual accounts.
Is HIGH PROTECTION SYSTEMS profitable?
In financial year 2025, HIGH PROTECTION SYSTEMS made a profit of €527.
Where can I find the annual accounts of HIGH PROTECTION SYSTEMS?
HIGH PROTECTION SYSTEMS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIGH PROTECTION SYSTEMS due?
By 31-07-2027, for financial year 2026.Timeline

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