INDUSTRIAL SECURITY SYSTEMS
The computed 12-month bankruptcy probability of INDUSTRIAL SECURITY SYSTEMS is 0.2% (very low). The 2024 annual accounts show equity of €1.06M and a net result of €94k. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.06M |
| Net result | €94k |
| Staff (FTE) | 12.6 |
| Active | 46 yrs |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €292k |
| Net profit | €94k |
| Cash flow | €213k |
| Staff costs | €914k |
| Income taxes | €56k |
| Dividends | €100k |
| Total assets | €1.67M |
| Equity | €1.06M |
| Debt | €613k |
| of which ≤ 1y | €494k |
| of which > 1y | €91k |
| Working capital | €553k |
| Employees (FTE) | 12.6 |
| 2024 | |
|---|---|
| Current ratio | 2.12 |
| Quick ratio | 1.81 |
| Working capital ratio | 33.1% |
| Solvency | 63.2% |
| Debt / equity | 0.58 |
| Long-term debt ratio | 0.09 |
| Interest coverage | 10.53 |
| Gross margin | — |
| Net margin | — |
| ROA | 5.6% |
| ROE | 8.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €1.67M |
| Fixed assets | 21/28 | €622k |
| Tangible fixed assets | 22/27 | €622k |
| Current assets | 29/58 | €1.05M |
| Stocks & contracts in progress | 3 | €152k |
| Amounts receivable within one year | 40/41 | €525k |
| Investments | 50/53 | €150k |
| Cash & bank | 54/58 | €201k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.67M |
| Equity | 10/15 | €1.06M |
| Contributions / capital | 10/11 | €87k |
| Reserves | 13 | €73k |
| Accumulated profits (losses) | 14 | €895k |
| Amounts payable | 17/49 | €613k |
| Amounts payable after one year | 17 | €91k |
| Amounts payable within one year | 42/48 | €494k |
| Trade debts payable within one year | 44 | €294k |
| Income statement | ||
| Gross operating margin | 9900 | €1.24M |
| Operating result | 9901 | €173k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €28k |
| Result before taxes | 9903 | €150k |
| Income taxes | 67/77 | €56k |
| Net result for the period | 9904 | €94k |
| Result to be appropriated | 9905 | €94k |
| NACE primary | 80090 |
| Legal form | Public limited company(014) |
| Incorporation | 01-10-1979 |
| Status | Active |
| Postal code | 1630 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0051/00K010 | Flanders | 409 m² | 1 · 150 m² | 11.9 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | INDUSTRIAL SECURITY SYSTEMS |
| AbbreviationNL | I.S.S. |