IT & SECURITY SYSTEMS
ActiveSummary
The computed 12-month bankruptcy probability of IT & SECURITY SYSTEMS is 10.2% (high). For IT & SECURITY SYSTEMS, at least two annual filings are missing. The 2023 annual accounts show equity of €15,996 and a net result of €12,859. Equity fluctuates too strongly from year to year to read a trend from it. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-02-2020 Normal situation
- Registered office
- 25 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.343.422.604 1420 Braine-l'Alleud, since 19-02-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 10.2%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €14,198
- Turnover
- ≈ €110,000
- estimated
- Profit
- €12,859
- Equity
- €15,996
- ▲ 410%
- Total assets
- €25,420
- ▲ 710%
- 2024 accounts not filed, 460 days past the deadline
Signalsraises riskFigures for financial year 2023 (filed on 25-08-2024)No main activity registeredNo filing in 24 months (latest 25-08-2024)2 financial years not filed after the legal deadline; last filed accounts filed 25 days lateTwo or more financial years not filed2023 accounts filed 25 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023
Strong
Solvency
88
equity 62.9% of total assets
Liquidity
64
short-term debt 37.1% · cash 24.9%
Profitability
100
return on assets 50.6%
Bankruptcy probability within 12 months
10.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.3%▼ -0.2 percentage points vs 01-2025lowest value
03-2025: 1.4%▲ +0.1 percentage points vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.4%▼ -0.1 percentage points vs 05-2025
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%▲ +0.7 percentage points vs 07-2025
09-2025: 2.6%▲ +0.4 percentage points vs 08-2025
10-2025: 4.2%▲ +1.6 percentage points vs 09-2025
11-2025: 4.4%▲ +0.2 percentage points vs 10-2025
12-2025: 5.4%▲ +1.0 percentage point vs 11-2025
01-2026: 7.1%▲ +1.7 percentage points vs 12-2025
02-2026: 7.1%● unchanged vs 01-2026
03-2026: 7.2%▲ +0.1 percentage points vs 02-2026
04-2026: 6.9%▼ -0.3 percentage points vs 03-2026
05-2026: 6.9%● unchanged vs 04-2026
06-2026: 6.8%▼ -0.1 percentage points vs 05-2026
07-2026: 6.8%● unchanged vs 06-2026
08-2026: 7.1%▲ +0.3 percentage points vs 07-2026
09-2026: 10.3%▲ +3.2 percentage points vs 08-2026highest value
10-2026: 10.2%▼ -0.1 percentage points vs 09-2026
11-2026: 10.2%● unchanged vs 10-2026
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
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 · 4 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline03-11-2026 today
raises risk · 2023 accounts filed 25 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-08-2024, 25 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
25 days late
2022
28 days late
2021
4 days late
2020
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 4 accounts on average 22 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Financials
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are 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 3 November 2026.
Annual accounts 2023 filed on 25-08-2024 PDF all 4 filings
Turnover
≈ €110,000
Estimated: probably between €50,000 and €260,000
Total assets
€25,420▲ 710%
2022 · €3,137
Net result
€12,859
2022 · -€2,913
Working capital
€15,704
Multi-year overview
2020 to 2023, 4 financial yearsOperating result
€13,928
2023
20202023
Net result
€12,859
2023
20202023
Equity
€15,996
▲ 410%
2023
20202023
Total assets
€25,420
▲ 710%
2023
20202023
Debt
€9,423
2023
20202023
Working capital
€15,704
2023
20202023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2020202120222023
Operating result-€3,240--€2,709▲ 16.4%-€2,913▼ 7.5%€13,928
Net result-€3,240--€2,709▲ 16.4%-€2,913▼ 7.5%€12,859
Equity-€3,240-€6,050€3,137▼ 48.1%€15,996▲ 410%
Total assets€1,104-€6,050▲ 448%€3,137▼ 48.1%€25,420▲ 710%
Debt€4,344-€9,423
Working capital€15,704
The operating result for 2023 is a profit of €13,928, after a loss of €2,913 in 2022. It is the highest result since 2020.
Turnover and EBIT margin are 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 €25,420
Equity
€15,996
Debt
€9,423
Debt's share of the balance-sheet total is 37.1%.
Key figures and ratios
EBITDA
€14,198▲
2022 · -€2,643
Cash flow
€13,130▲
2022 · -€2,643
Current ratio
2.67
Debt to equity
0.59
ROE
80.4%
ROA
50.6%
Interest coverage
over 100
Debt ≤ 1 year
€9,423
Income taxes
€999
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €248 | €270 | €270 | €270 | = |
| Gross operating margin9900 | -€2,993 | -€2,439 | -€2,643 | €14,198 | - |
| Operating profit (loss)9901 | -€3,240 | -€2,709 | -€2,913 | €13,928 | - |
| Financial charges65/66B | - | - | - | €70 | - |
| Recurring financial charges65 | - | - | - | €70 | - |
| Profit (loss) for the period before taxes9903 | -€3,240 | -€2,709 | -€2,913 | €13,858 | - |
| Income taxes67/77 | - | - | - | €999 | - |
| Profit (loss) for the period9904 | -€3,240 | -€2,709 | -€2,913 | €12,859 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,240 | -€2,709 | -€2,913 | €12,859 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1,104 | €6,050 | €3,137 | €25,420 | ▲ 710% |
| Formation expenses20 | €1,104 | €834 | €563 | €293 | ▼ 48.0% |
| Current assets29/58 | - | €5,217 | €2,574 | €25,127 | ▲ 876% |
| Amounts receivable within one year40/41 | - | €5,217 | €2,574 | €18,793 | ▲ 630% |
| Trade receivables40 | - | - | - | €18,710 | - |
| Other amounts receivable41 | - | €5,217 | €2,574 | €84 | ▼ 96.8% |
| Cash at bank and in hand54/58 | - | - | - | €6,334 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1,104 | €6,050 | €3,137 | €25,420 | ▲ 710% |
| Equity10/15 | -€3,240 | €6,050 | €3,137 | €15,996 | ▲ 410% |
| Contributions10/11 | - | €12,000 | €12,000 | €12,000 | = |
| Profit (loss) carried forward14 | -€3,240 | -€5,950 | -€8,863 | €3,996 | - |
| Amounts payable17/49 | €4,344 | - | - | €9,423 | - |
| Amounts payable within one year42/48 | €4,344 | - | - | €9,423 | - |
| Trade debts44 | - | - | - | €110 | - |
| Suppliers440/4 | - | - | - | €110 | - |
| Taxes, remuneration and social security45 | - | - | - | €9,313 | - |
| Taxes450/3 | - | - | - | €5,210 | - |
| Remuneration and social security454/9 | - | - | - | €4,103 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,240 | -€2,709 | -€2,913 | €12,859 | - |
| + Depreciation and write-downs630 | €248 | €270 | €270 | €270 | = |
| Operating cash flow (approximation) | -€2,993 | -€2,439 | -€2,643 | €13,130 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director
GUELLIL MOHAMMED
Current
Director · listed in the 2023 annual accounts, filed on 25-08-2024
Owners and capital
Owners
Network & group
IT & SECURITY SYSTEMS shares no director with another company.
Companies at the same address
24 other companies- BRABANT IMMO Registered office · since 2026 1040569082
- GBRE Registered office · since 2026 1038351346
- A.P. FICOGES Establishment · since 2025 0879165438
- EXPELEC Establishment · since 2024 0437087938
- RoX IT Registered office · since 2024 1012164415
- ARIUS LAW Establishment · since 2023 0805368729
- Proptech Company Registered office · since 2022 0782603918
- MONSTRUO Registered office · since 2021 0764299523
- Van der Hasselt, Mikias (sole trader) Establishment · since 2020 0754769470
- HORIZON ENERGIE Establishment · since 2020 0544930261
Connections & network
1 current directorThe network starts from the directors of IT & SECURITY SYSTEMS. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2024
25-08
micro format · 25 days late
2023
31-12
Financial
Back to profitnet €12,859
The net result is €12,859, after 3 loss-making years.
28-08
micro format · 28 days late
2022
04-08
micro format · 4 days late
2021
22-10
Gazette deed
Registered office moved from Bruxelles to Braine-l'AlleudNew seat: Chaussée de Tubize, 481 1420 Braine-l'Alleud · Previous seat: Avenue Louise, 231 - 1050 Bruxelles · Director in office3 points ▸
Gazette deed
Registered office moved from Bruxelles to Braine-l'Alleud
New seat: Chaussée de Tubize, 481 1420 Braine-l'Alleud · Previous seat: Avenue Louise, 231 - 1050 Bruxelles · Director in office3 points ▸
- General meeting, 01-10-2021
- Registered-office move, Chaussée de Tubize, 481 1420 Braine-l'Alleud
- Director in office, GUELLIL Mohammed Ryad (manager)
31-08
micro format · 31 days late
2020
21-02
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
IT & SECURITY SYSTEMS in French
Enterprise number
0743.856.871
Legal form
Private limited company
Status
Active, normale toestand
Founded
19-02-2020
Entity type
Legal entity
Registered office and establishments
Registered office
Chaussée de Tubize 481, 1420 Braine-l'Alleud, Belgium
1 former office
- Avenue Louise, 231, 1050 Bruxelles until 10-10-2021 · act of 22-10-2021
Establishment unit
IT & SECURITY SYSTEMS, Chaussée de Tubize 481, 1420 Braine-l'Alleud since 19-02-2020 · unit number 2.343.422.60449410 Freight transport by road
E-mail
mryadguellil@gmail.com
Phone
+32496738053
Phone
0496738053Braine-l'Alleud
Invoicing and payment
VAT number
BE 0743.856.871
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
1.1 ha
Building footprint
5,428 m²
Building volume
32,879 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25743G0163/00F000 | Wallonia | 1.1 ha | 1 · 5,428 m² | 15.3 m · 2 |