Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Of this, €252,103 falls due within a year.
Lower net result than 89% of companies in specialised construction. Sector median €26,646 · 9,965 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 23% of them on solvency, 35% on liquidity and 13% on profitability.
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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 173 companies had the same profile as SECURE ELECTRONICS has now. Each dot is one company, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SECURE ELECTRONICS itself: 1.5% within 12 months.
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 173 companies, not a prediction for SECURE ELECTRONICS. 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.
Liquidity is insufficient, with a current ratio of 0.7, below 1. Short-term debt is 33.1% and cash 7.5% of total assets. 78.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SECURE ELECTRONICS Beersel | €760,828 | €34,977 | 21.8% | 0.6 |
| G&G SOLUTIONS Herk-de-Stad | €328,449 | €36,642 | 23.4% | - |
| VE Projects Anzegem | €248,674 | €102,815 | 94.7% | - |
| DC-PROTEC Edegem | €231,018 | €130,828 | 44.9% | - |
| SECURYCAM Mouscron | €475,068 | €237,234 | 68.3% | - |
| CSNI Juprelle | €257,433 | €98,094 | 48.4% | - |
| G-Security Sint-Katelijne-Waver | €120,179 | €31,801 | -6.9% | - |
These companies have the same main activity as SECURE ELECTRONICS: specialised construction activities (NACE 43214). They are comparable in size and age: total assets between €120,000 and €475,000, founded between 2019 and 2024.
The computed 12-month bankruptcy probability of SECURE ELECTRONICS is 1.5% (moderate). The 2025 annual accounts show equity of €165,974 and a net result of -€19,826.
Its solvency ranks better than 23% of 9,973 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €100,000 and €190,000.
Higher than 23% of 9,973 companies in 2025.
Higher than 9% of 9,836 companies in 2025.
Higher than 15% of 9,905 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 3 people joined and nobody left.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
760,828 | |
21/28 |
584,402 | |
21 |
567,150 | |
22/27 |
17,252 | |
24 |
15,125 | |
26 |
2,127 | |
29/58 |
176,427 | |
3 |
53,731 | |
30/36 |
53,731 | |
40/41 |
63,125 | |
40 |
50,643 | |
41 |
12,482 | |
54/58 |
56,702 | |
490/1 |
2,869 | |
| Balance sheet: equity and liabilities | ||
10/49 |
760,828 | |
10/15 |
165,974 | |
10/11 |
185,800 | |
14 |
-19,826 | |
17/49 |
594,855 | |
17 |
342,752 | |
170/4 |
342,752 | |
42/48 |
252,103 | |
42 |
49,648 | |
44 |
174,889 | |
440/4 |
174,889 | |
46 |
166 | |
45 |
27,399 | |
450/3 |
3,913 | |
454/9 |
23,486 | |
| Income statement | ||
9900 |
34,977 | |
62 |
43,992 | |
630 |
9,756 | |
640/8 |
400 | |
9901 |
-19,172 | |
65/66B |
655 | |
65 |
655 | |
9903 |
-19,826 | |
9904 |
-19,826 | |
9905 |
-19,826 | |
| Appropriation of the result | ||
9906 |
-19,826 | |
| Social balance sheet | ||
9087 |
0.6 | |
Hours worked1013 |
950 | |
| Document | ||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486456.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00486456 |
| Line | Trend | 2025 |
|---|---|---|
| -9,415 | ||
| -10,070 | ||
| 594,158 | ||
| -75,676 | ||
| 21.8% | ||
| 0.70 | ||
| 0.49 | ||
| 3.58 | ||
| -11.9% | ||
| -2.6% | ||
| -14.38 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 2 |
| part-time | 1 |
| in full-time equivalents | 2.8 |
| 0.6 | |
| On a permanent contract | 3 |
| Joined | 3 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 |
|---|---|
| Tangible fixed assets | €19,158 |
| Intangible fixed assets | €575,000 |
| €9,756 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 78.2%.
Source: list of holdings in the 2025 accounts of ALARMNET. Every holding stands with its own latest accounts.
| ALARME ET SECURITE via WILLEMS, David Dominique Stéphane Louis, no longer at ALARME ET SECURITE · Director · deed of 16-10-2018 founded in 1987 |
13 FTE (2025) |
| D&R INVEST via DESCHUYTENEER, Rudy, at SECURE ELECTRONICS until 2026 · Director · deed of 11-06-2024 founded in 2000 |
total assets €770,756 (2025) |
| Rumidana via DESCHUYTENEER, Rudy, at SECURE ELECTRONICS until 2026 · Director and manager · deed of 07-01-2021 No longer active |
total assets €6,968 (2023) |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Bergensesteenweg 65B registered office 1651 Beersel | 29-08-2025 | 2.377.888.187 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23046C0079/00G002 | 1,635 m² | 1 · 520 m² | 11.3 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1026.998.089
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