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Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €94,130 to €169,704Result from €64,742 to €101,973Equity from €74,742 to €176,715Debts from €114,611 to €423,189Investments €361,214Cash from €94,665 to €130,271
Higher net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
2025 accounts filed 27 days after the deadline
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,603 companies had the same profile as OLSECURITY has now. Each dot stands for 5 companies, two years later.
96.4%
were still trading
1.1%
stopped another way
2.3%
went bankrupt
Small
2 to 5 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 1,603 companies, not a prediction for OLSECURITY. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000454139
Security firm approval (camera systems) granted
Decision of 02-02-2024, published on 30-05-2024
Security firm approval (alarm systems) granted
Decision of 02-01-2024, published on 02-05-2024
Incorporation
Founding capital of €10,000, 100 shares · Founder: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 02-10-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as OLSECURITY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €426,000 and €689,000, founded between 2022 and 2023.
The company number of OLSECURITY is 1000.454.139. The VAT number is the same number with BE in front: BE 1000.454.139.
Where is OLSECURITY based?
The registered office is at Rue du Vieux Bac 24, 4140 Sprimont.Company details
What does OLSECURITY do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of OLSECURITY?
OLSECURITY is a private limited company (BV).
When was OLSECURITY founded?
OLSECURITY was founded on 28-09-2023.
Is OLSECURITY still active?
Yes, OLSECURITY is an active enterprise in the KBO register.
What is the turnover of OLSECURITY?
The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €169,704 and 38 comparable companies (NACE 43211). It probably lies between €340,000 and €620,000.Financials
Is OLSECURITY profitable?
In financial year 2025, OLSECURITY made a profit of €101,973.
Where can I find the annual accounts of OLSECURITY?
OLSECURITY filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OLSECURITY due?
OLSECURITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline