Equity
€232,170 ▼ 7.1%
IV & SD SECURITY paid out €32,674 in dividends. That is 217% of the 2026 profit.
IV & SD SECURITY
Lifetime
19 annual accounts with figures on one time axispeak €263,244 (2025)
€224,681▼ 14.6%
peak €53,828 (2024)
€15,053▼ 69.4%
peak €249,790 (2025)
€232,170▼ 7.1%
€202,823▲ 20.9%
peak 3 FTE (2018)
-not published
Board1 name since 2006
-
Documentsfilings and deeds
28-10-20263 days before the deadline
2026micro format
Gross margin from €263,244 to €224,681Result from €49,223 to €15,053Dividend €32,674Debts from €167,692 to €202,823
Key points
from the 2026 annual accountsTurnover
≈ €1.1m estimated
The micro format states no turnover.
Investments
€94,576 1.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 43.8% higher than in 2025.
Filings
19 annual accounts since 2008
The 2021 accounts came 3 days late. The other nine of the last ten were filed on time.
At the same address
9 companies
Position in the sector
€224,681
Higher gross margin than 91% of companies in wholesale trade. Sector median €43,574 · 477 companies.
Checked score
95
Excellent
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025highest value
11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 2.53, cash €126,004
Founded in 2006
Equity €232,170 (53.4% of total assets)
Figures for financial year 2026 (filed on 28-10-2026)
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 46, micro). It does better than 60% of them on solvency, 81% on liquidity, 59% on profitability and 29% 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 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 17,041 companies had the same profile as IV & SD SECURITY has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IV & SD SECURITY itself: 0.1% 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.
| 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 17,041 companies, not a prediction for IV & SD 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 €22,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.53 (2.69 in 2025), above the usual 1.5. Short-term debt is 23.3% and cash 29% of total assets. 46.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
3 days early
2025
7 days early
2024
4 days early
2023
28 days early
2022
31 days early
2021
3 days late
2020
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 24 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
last known board- DEVRIENDT Stephan 372 sharesdeed of 07-09-2023
- VERSCHELDE Iwijn Alice Louisa 372 sharesdeed of 07-09-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0884166777
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: VERSCHELDE Iwijn Alice Louisa (manager) · “Leveren van sleutels,sloten,brandkoffers,inbraakwerende deuren en alle materialen welke te maken hebben met…” (deed in Dutch) · DEVRIENDT Stephan holds 372 shares · General meeting of 09-08-2023 · Gazette deed
First establishment
IV &SD SECURITY, Ninoofsesteenweg 396, Dilbeek
Incorporation
published on 19-10-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IV & SD SECURITY Dilbeek | €434,993 | €224,681 | 53.4% | - |
| Pro @Rent Schoten | €602,701 | €181,261 | 37.1% | - |
| MEFACO INTERNATIONAL Lokeren | €416,344 | €219,120 | 55.6% | 2 |
| PEDAP Diest | €536,968 | €191,895 | 75.4% | - |
| EURO BRICO CENTER Comines-Warneton | €737,763 | €277,384 | 18.4% | 4.6 |
| ZENATEC TRADING & SERVICES Beernem | €657,333 | €125,579 | 46.9% | - |
| HIEL CONTRACTING Beveren-Kruibeke-Zwijndrecht | €729,037 | €128,306 | 61.6% | - |
These companies have the same main activity as IV & SD SECURITY: wholesale trade (NACE 46841). They are comparable in size and age: total assets between €416,000 and €738,000, founded between 2005 and 2012.
Official details
Source: KBO- Status
- Active since 11-10-2006Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Wholesale tradeNACE 46841and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment unit
- 2.158.089.2561700 Dilbeek, since 21-12-2006
- Financial year end
- 31 March
- Peppol
- Reachable since 14-05-2025
Annual accounts to 31-03-2026
- €434,993▲ 4.2%
- Employeeson 31-03-2026
- 3=
- Filing
- Filed on 28-10-2026, 3 days before the end of the filing period
Insights on IV & SD SECURITY
IV & SD SECURITY files the micro format. That format states no turnover. The gross margin rose from €35,901 in 2008 to €224,681 in 2026.
The balance sheet grew most from 2023 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IV & SD SECURITY
- What is the company number of IV & SD SECURITY?
- The company number of IV & SD SECURITY is 0884.166.777. The VAT number is the same number with BE in front: BE 0884.166.777.
- Where is IV & SD SECURITY based?
- The registered office is at Ninoofsesteenweg 396, 1700 Dilbeek.Company details
- What does IV & SD SECURITY do?
- According to the KBO register, the main activity is wholesale trade (NACE 46841).
- What is the legal form of IV & SD SECURITY?
- IV & SD SECURITY is a private limited company (BV).
- When was IV & SD SECURITY founded?
- IV & SD SECURITY was founded on 11-10-2006.
- Is IV & SD SECURITY still active?
- Yes, IV & SD SECURITY is an active enterprise in the KBO register.
- How many employees does IV & SD SECURITY have?
- IV & SD SECURITY had an average of 3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does IV & SD SECURITY fall under?
- In its 31-03-2026 annual accounts, IV & SD SECURITY states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of IV & SD SECURITY?
- The turnover in financial year 2026 is ≈ €1.1m. This figure is estimated from the gross margin of €224,681 and 59 comparable companies (NACE 46). It probably lies between €540,000 and €2.1m.
- Is IV & SD SECURITY profitable?
- In financial year 2026, IV & SD SECURITY made a profit of €15,053.
- Where can I find the annual accounts of IV & SD SECURITY?
- IV & SD SECURITY filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of IV & SD SECURITY due?
- IV & SD SECURITY must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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