LA SECURITE
ActiveSummary
LA SECURITE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €287k and a net result of €21k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+19
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 14.45 against 13.24 in 2023; short-term debt: 5.6% and cash: 61.5% of total assets), and 5.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
32 d early
2022
19 d early
2021
23 d early
2020
24 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€287k▲ 2.5%
2023 · €280k
2018: €238klowest in 7 years
2019: €255k▲ +7.4% vs 2018
2020: €253k▼ -0.8% vs 2019
2021: €265k▲ +4.7% vs 2020
2022: €269k▲ +1.6% vs 2021
2023: €280k▲ +3.9% vs 2022
2024: €287k▲ +2.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€304k▲ 2.1%
2023 · €297k
2018: €252klowest in 7 years
2019: €277k▲ +9.8% vs 2018
2020: €280k▲ +1.2% vs 2019
2021: €283k▲ +0.9% vs 2020
2022: €287k▲ +1.4% vs 2021
2023: €297k▲ +3.7% vs 2022
2024: €304k▲ +2.1% vs 2023highest in 7 years
2018 → 2024
Net result
€21k▼ 14.1%
2023 · €25k
2018: €15k
2019: €32k▲ +111% vs 2018highest in 7 years
2020: €12k▼ -61.2% vs 2019lowest in 7 years
2021: €26k▲ +111% vs 2020
2022: €18k▼ -29.1% vs 2021
2023: €25k▲ +33.9% vs 2022
2024: €21k▼ -14.1% vs 2023
2018 → 2024
Working capital
€228k▲ 6.0%
2023 · €215k
2018: €165klowest in 7 years
2019: €190k▲ +15.2% vs 2018
2020: €196k▲ +2.9% vs 2019
2021: €213k▲ +8.8% vs 2020
2022: €199k▼ -6.7% vs 2021
2023: €215k▲ +8.3% vs 2022
2024: €228k▲ +6.0% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€253k-€265k▲ 4.7%€269k▲ 1.6%€280k▲ 3.9%€287k▲ 2.5%
2020: €253klowest in 5 years
2021: €265k▲ +4.7% vs 2020
2022: €269k▲ +1.6% vs 2021
2023: €280k▲ +3.9% vs 2022
2024: €287k▲ +2.5% vs 2023highest in 5 years
Operating result€27k-€34k▲ 29.0%€25k▼ 25.9%€34k▲ 34.7%€30k▼ 12.5%
2020: €27k
2021: €34k▲ +29.0% vs 2020highest in 5 years
2022: €25k▼ -25.9% vs 2021lowest in 5 years
2023: €34k▲ +34.7% vs 2022
2024: €30k▼ -12.5% vs 2023
Net result€12k-€26k▲ 111%€18k▼ 29.1%€25k▲ 33.9%€21k▼ 14.1%
2020: €12klowest in 5 years
2021: €26k▲ +111% vs 2020highest in 5 years
2022: €18k▼ -29.1% vs 2021
2023: €25k▲ +33.9% vs 2022
2024: €21k▼ -14.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €304k
Fixed assets
€59k ▼ 9.4%
Current assets
€245k ▲ 5.3%
Equity and liabilities €304k
Equity
€287k ▲ 2.5%
Debt
€17k ▼ 3.5%
Debt's share of the balance-sheet total falls from 5.9% to 5.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2023 · €40k
Cash flow
€27k▼
2023 · €31k
Current ratio
14.45▲
2023 · 13.24
Debt to equity
0.06▼
2023 · 0.06
ROE
7.4%▼
2023 · 8.8%
ROA
7.0%▼
2023 · 8.3%
Interest coverage
165.56▲
2023 · -113.97
Debt ≤ 1 year
€17k▼
2023 · €18k
Income taxes
€9k▼
2023 · €10k
Staff costs
€900▲
2023 · €732
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€297k€304k▲
Fixed assets21/28€65k€59k▼
Tangible fixed assets22/27€65k€59k▼
Land and buildings22€46k€45k▼
Furniture and vehicles24€19k€13k▼
Financial fixed assets28€50€50=
Current assets29/58€233k€245k▲
Amounts receivable within one year40/41€61k€58k▼
Trade receivables40€39k€39k=
Other amounts receivable41€22k€20k▼
Cash at bank and in hand54/58€172k€187k▲
Equity and liabilities
Total equity and liabilities10/49€297k€304k▲
Equity10/15€280k€287k▲
Contributions10/11€18k€18k=
Reserves13€261k€268k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€259k€266k▲
Amounts payable17/49€18k€17k▼
Amounts payable within one year42/48€18k€17k▼
Trade debts44€407€799▲
Suppliers440/4€407€799▲
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3€14k€13k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€394€394=
Income statement
Code20232024
Remuneration, social security and pensions62€732€900▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€63-
Gross operating margin9900€42k€38k▼
Operating profit (loss)9901€34k€30k▼
Financial income75/76B€28€285▲
Recurring financial income75€28€285▲
Financial charges65/66B€-354€218▲
Recurring financial charges65€-354€218▲
Profit (loss) for the period before taxes9903€35k€30k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€25k€21k▼
Profit (loss) for the period to be appropriated9905€25k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€21k▼
Transfer to equity691/2€10k€7k▼
To the legal reserve6920€10k€7k▼
Profit to be distributed694/7€14k€14k=
Return on contributions (dividend)694€14k-
Directors or managers695-€14k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €75 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €816 | €565 | €732 | €900 | ▲ 22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €6k | €8k | €6k | €6k | = |
| Other operating charges640/8 | - | €3k | €4k | €1k | €1k | ▲ 7.9% |
| Non-recurring operating charges66A | - | €53 | €142 | €63 | - | - |
| Gross operating margin9900 | €39k | €44k | €38k | €42k | €38k | ▼ 9.6% |
| Operating profit (loss)9901 | €27k | €34k | €25k | €34k | €30k | ▼ 12.5% |
| Financial income75/76B | - | €2k | €2k | €28 | €285 | ▲ 913% |
| Recurring financial income75 | €57 | €213 | €203 | €28 | €285 | ▲ 913% |
| Non-recurring financial income76B | - | €2k | €1k | - | - | - |
| Financial charges65/66B | - | €136 | €214 | €-354 | €218 | ▲ 162% |
| Recurring financial charges65 | €126 | €136 | €214 | €-354 | €218 | ▲ 162% |
| Profit (loss) for the period before taxes9903 | €27k | €36k | €27k | €35k | €30k | ▼ 13.3% |
| Income taxes67/77 | €14k | €10k | €8k | €10k | €9k | ▼ 11.2% |
| Profit (loss) for the period9904 | €12k | €26k | €18k | €25k | €21k | ▼ 14.1% |
| Profit (loss) for the period to be appropriated9905 | €12k | €26k | €18k | €25k | €21k | ▼ 14.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €280k | €283k | €287k | €297k | €304k | ▲ 2.1% |
| Fixed assets21/28 | €58k | €52k | €71k | €65k | €59k | ▼ 9.4% |
| Tangible fixed assets22/27 | €58k | €52k | €71k | €65k | €59k | ▼ 9.4% |
| Land and buildings22 | - | €47k | €47k | €46k | €45k | ▼ 1.6% |
| Furniture and vehicles24 | - | €5k | €24k | €19k | €13k | ▼ 28.6% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €223k | €231k | €216k | €233k | €245k | ▲ 5.3% |
| Amounts receivable within one year40/41 | €55k | €59k | €61k | €61k | €58k | ▼ 3.8% |
| Trade receivables40 | - | €39k | €39k | €39k | €39k | = |
| Other amounts receivable41 | - | €21k | €22k | €22k | €20k | ▼ 10.4% |
| Cash at bank and in hand54/58 | €168k | €171k | €155k | €172k | €187k | ▲ 8.5% |
| Deferred charges and accrued income490/1 | - | €24 | €24 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €280k | €283k | €287k | €297k | €304k | ▲ 2.1% |
| Equity10/15 | €253k | €265k | €269k | €280k | €287k | ▲ 2.5% |
| Contributions10/11 | - | €18k | €18k | €18k | €18k | = |
| Reserves13 | €235k | €247k | €251k | €261k | €268k | ▲ 2.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €245k | €249k | €259k | €266k | ▲ 2.7% |
| Amounts payable17/49 | €27k | €18k | €17k | €18k | €17k | ▼ 3.5% |
| Amounts payable within one year42/48 | €27k | €18k | €17k | €18k | €17k | ▼ 3.5% |
| Trade debts44 | €272 | €480 | €672 | €407 | €799 | ▲ 96.2% |
| Suppliers440/4 | - | €480 | €672 | €407 | €799 | ▲ 96.2% |
| Taxes, remuneration and social security45 | - | €17k | €16k | €17k | €16k | ▼ 6.0% |
| Taxes450/3 | - | €14k | €14k | €14k | €13k | ▼ 7.0% |
| Remuneration and social security454/9 | - | €2k | €2k | €2k | €2k | = |
| Other amounts payable47/48 | - | €468 | €577 | €394 | €394 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €26k | €18k | €25k | €21k | ▼ 14.1% |
| + Depreciation and write-downs630 | €8k | €6k | €8k | €6k | €6k | = |
| Operating cash flow (approximation) | €20k | €32k | €27k | €31k | €27k | ▼ 11.3% |
| Investment in fixed assets (approximation) | - | €0 | €-27k | €0 | €0 | - |
| Change in cash | - | €4k | €-16k | €17k | €15k | ▼ 14.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €12k ▼61.2%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €32k ▲111%
Operating result €45k, net result €32k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1988
Ground area
2,651 m²
Building footprint
237 m²
Volume, LiDAR
1,598 m³
Parcel 21821A0188/00E000, Brussels · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 establishment unit
Ganzenweidestraat 314, 1130 Brussel
since 19882.040.564.848
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0188/00E000 | Brussels | 2,651 m² | 1 · 237 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,450 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded17-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.