prosecurity
ActiveSummary
For prosecurity, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €565,899 and a net result of €17,419. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 7383 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability46▼-34
Solvency100▲+9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
82.7%
Return on assets
2.5%
Age of the figures
33 mo
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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-09-2024, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
54 d late
2022
70 d late
2021
25 d late
2020
11 d early
2019
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Equity
€565,899▲ 3.2%
2022 · €548,480
Total assets
€684,216▼ 18.1%
2022 · €835,030
Net result
€17,419▼ 77.0%
2022 · €75,712
Working capital
€557,053▲ 32.2%
2022 · €421,398
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€53,595▲ 39.3%€169,792▲ 217%€131,783▼ 22.4%€95,482▼ 27.5%€15,911▼ 83.3%
Net result€25,538▲ 18.1%€120,691▲ 373%€99,193▼ 17.8%€75,712▼ 23.7%€17,419▼ 77.0%
Equity€402,885▲ 6.8%€523,576▲ 30.0%€472,769▼ 9.7%€548,480▲ 16.0%€565,899▲ 3.2%
Total assets€751,889▼ 0.2%€826,910▲ 10.0%€822,719▼ 0.5%€835,030▲ 1.5%€684,216▼ 18.1%
Debt€349,004▼ 7.1%€303,334▼ 13.1%€349,950▲ 15.4%€286,550▼ 18.1%€118,316▼ 58.7%
Working capital€277,409▲ 12.4%€392,182▲ 41.4%€340,191▼ 13.3%€421,398▲ 23.9%€557,053▲ 32.2%
Staff (FTE)6.9▲ 9.5%5.5▼ 20.3%4.1▼ 25.5%1.8▼ 56.1%1.3▼ 27.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2023 is 83% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €684,216
Fixed assets
€8,846 ▼ 96.3%
Current assets
€675,370 ▲ 13.9%
Equity and liabilities €684,216
Equity
€565,899 ▲ 3.2%
Debt
€118,316 ▼ 58.7%
Debt's share of the balance-sheet total falls from 34.3% to 17.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,152▼
2022 · €112,758
Cash flow
€21,660▼
2022 · €92,987
Current ratio
5.71▲
2022 · 3.45
Quick ratio
4.83▲
2022 · 2.85
Debt to equity
0.21▼
2022 · 0.52
ROE
3.1%▼
2022 · 13.8%
ROA
2.5%▼
2022 · 9.1%
Interest coverage
2.94▼
2022 · 13.77
Debt ≤ 1 year
€118,316▼
2022 · €171,670
Income taxes
€6,209▼
2022 · €26,026
Staff costs
€107,996▲
2022 · €90,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €688 | €74,124 | ▲ 10,674% |
| Remuneration, social security and pensions62 | - | - | €204,458 | €90,188 | €107,996 | ▲ 19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,828 | €19,958 | €20,809 | €17,275 | €4,241 | ▼ 75.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €406 | - |
| Other operating charges640/8 | - | - | €2,900 | €2,685 | €6,050 | ▲ 125% |
| Non-recurring operating charges66A | - | - | €558 | - | - | - |
| Gross operating margin9900 | €434,680 | €437,846 | €360,509 | €205,630 | €134,603 | ▼ 34.5% |
| Operating profit (loss)9901 | €53,595 | €169,792 | €131,783 | €95,482 | €15,911 | ▼ 83.3% |
| Financial income75/76B | - | - | €12,259 | €14,443 | €14,578 | ▲ 0.9% |
| Recurring financial income75 | €3,543 | €750 | €2,859 | €2,529 | €6,025 | ▲ 138% |
| Non-recurring financial income76B | - | - | €9,400 | €11,914 | €8,553 | ▼ 28.2% |
| Financial charges65/66B | - | - | €9,805 | €8,188 | €6,860 | ▼ 16.2% |
| Recurring financial charges65 | €10,911 | €9,559 | €9,805 | €8,188 | €6,860 | ▼ 16.2% |
| Profit (loss) for the period before taxes9903 | €46,228 | €162,970 | €134,238 | €101,738 | €23,628 | ▼ 76.8% |
| Income taxes67/77 | €20,690 | €42,279 | €35,045 | €26,026 | €6,209 | ▼ 76.1% |
| Profit (loss) for the period9904 | €25,538 | €120,691 | €99,193 | €75,712 | €17,419 | ▼ 77.0% |
| Profit (loss) for the period to be appropriated9905 | €25,538 | €120,691 | €99,193 | €75,712 | €17,419 | ▼ 77.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €751,889 | €826,910 | €822,719 | €835,030 | €684,216 | ▼ 18.1% |
| Fixed assets21/28 | €288,165 | €278,210 | €263,695 | €241,963 | €8,846 | ▼ 96.3% |
| Intangible fixed assets21 | €983 | €3,746 | €2,990 | €2,234 | €1,477 | ▼ 33.9% |
| Tangible fixed assets22/27 | €284,682 | €271,964 | €258,206 | €237,230 | €4,869 | ▼ 97.9% |
| Land and buildings22 | - | - | €240,422 | €228,876 | - | - |
| Plant, machinery and equipment23 | - | - | €2,687 | €2,284 | €1,336 | ▼ 41.5% |
| Furniture and vehicles24 | - | - | €15,096 | €6,070 | €3,532 | ▼ 41.8% |
| Financial fixed assets28 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €463,723 | €548,701 | €559,024 | €593,067 | €675,370 | ▲ 13.9% |
| Stocks and contracts in progress3 | €117,037 | €120,777 | €125,457 | €102,982 | €103,692 | ▲ 0.7% |
| Stocks30/36 | - | - | €125,457 | €102,982 | €103,692 | ▲ 0.7% |
| Amounts receivable within one year40/41 | €228,235 | €235,523 | €281,298 | €321,837 | €498,180 | ▲ 54.8% |
| Trade receivables40 | - | - | €228,595 | €204,045 | €265,086 | ▲ 29.9% |
| Other amounts receivable41 | - | - | €52,702 | €117,793 | €233,094 | ▲ 97.9% |
| Cash at bank and in hand54/58 | €97,275 | €176,700 | €139,419 | €162,579 | €69,072 | ▼ 57.5% |
| Deferred charges and accrued income490/1 | - | - | €12,850 | €5,669 | €4,426 | ▼ 21.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €751,889 | €826,910 | €822,719 | €835,030 | €684,216 | ▼ 18.1% |
| Equity10/15 | €402,885 | €523,576 | €472,769 | €548,480 | €565,899 | ▲ 3.2% |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €384,293 | €504,984 | €454,177 | €529,888 | €547,307 | ▲ 3.3% |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | €107 | €107 | €107 | = |
| Distributable reserves133 | - | - | €452,210 | €527,922 | €545,341 | ▲ 3.3% |
| Amounts payable17/49 | €349,004 | €303,334 | €349,950 | €286,550 | €118,316 | ▼ 58.7% |
| Amounts payable after more than one year17 | €162,690 | €146,816 | €131,117 | €114,880 | - | - |
| Financial debts170/4 | - | - | €131,117 | €114,880 | - | - |
| Amounts payable within one year42/48 | €186,314 | €156,519 | €218,833 | €171,670 | €118,316 | ▼ 31.1% |
| Current portion of amounts payable after more than one year42 | - | - | €15,699 | €16,237 | - | - |
| Financial debts43 | - | - | - | - | €20,000 | - |
| Credit institutions430/8 | - | - | - | - | €20,000 | - |
| Trade debts44 | €92,752 | €92,661 | €143,372 | €139,538 | €88,153 | ▼ 36.8% |
| Suppliers440/4 | - | - | €143,372 | €139,538 | €88,153 | ▼ 36.8% |
| Advances received on contracts in progress46 | - | - | €40,595 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €19,167 | €15,491 | €9,759 | ▼ 37.0% |
| Taxes450/3 | - | - | €3,279 | €3,386 | €5,080 | ▲ 50.0% |
| Remuneration and social security454/9 | - | - | €15,889 | €12,105 | €4,679 | ▼ 61.3% |
| Other amounts payable47/48 | - | - | - | €404 | €404 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,538 | €120,691 | €99,193 | €75,712 | €17,419 | ▼ 77.0% |
| + Depreciation and write-downs630 | €22,828 | €19,958 | €20,809 | €17,275 | €4,241 | ▼ 75.5% |
| Operating cash flow (approximation) | €48,366 | €140,649 | €120,002 | €92,987 | €21,660 | ▼ 76.7% |
| Investment in fixed assets (approximation) | - | -€10,003 | -€6,295 | €4,457 | €228,876 | ▲ 5,035% |
| Change in cash | - | €79,425 | -€37,281 | €23,160 | -€93,507 | ▼ 504% |
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
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 54 days late
2023
31-12
Financial
Weakest financial yearnet €17,419 ▼77%
Net result drops to €17,419, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Equity above €500,000Eq €548,480 ▲16%
5 profitable years in a row build equity to €548,480.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €120,691 ▲373%
Operating result €169,792, net result €120,691, both a record.
31-12
Financial
Equity above €500,000Eq €523,576 ▲30%
3 profitable years in a row build equity to €523,576.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 1999
Ground area
3,453 m²
Building footprint
2,606 m²
Volume, LiDAR
59,554 m³
Parcel 71353F0065/00V003, Flanders · tallest building 29.2 m, ±8 floors. Linked by address, not a title deed.
68
companies at this address
See who is registered here
1 establishment unit
prosecurity
since 19992.090.661.190
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353F0065/00V003 | Flanders | 3,453 m² | 1 · 2,606 m² | 29.2 m · 8 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.
Structure & network
Owners and holdings
1 ownerChain of control
- Securityland Holding
- prosecurity
Highest known parent: Securityland Holding. The sources do not say who stands above it.
Owners 1
-
100%
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
Holdings 0
The accounts to 31-12-2023 list no holdings, and no other source names one.
According to the 2023 annual accounts of prosecurity and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 297 EUR awarded · 297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 297 EUR | 297 EUR |
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 6,167 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47559Retail sale of other household articles
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465346513
Also
9925:BE0465346513
Registered
30-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.