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SECURITY AND PROTECTION GROUP

Active
Private limited companyfounded 2009active for 17 yearsLouizalaan 209A, 1050 Elsene, Belgium274 active companies are registered at this addressKBO/BCE: BE 0817.753.451

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SECURITY AND PROTECTION GROUP has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124,044 and a net result of -€42,568. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 38% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 30-07-2009 Normal situation
Legal form
Private limited company
Registered office
Louizalaan 209A, 1050 Elsene
Activity
General electrical installation work NACE 43211
Establishment unit
2.182.087.056 7334 Saint-Ghislain, since 30-07-2009
Financial year end
31 December
Peppol
Reachable since 12-05-2026

Board and ownership

Board

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€200,238
▼ 15.6%
Turnover
≈ €570,000
estimated
Loss
€42,568
Equity
€124,044
▼ 25.5%
Total assets
€342,511
▼ 21.7%
Staff
≈ 3.9 FTE
estimated
2025 accounts filed 30 days after the deadline
Filed on 30-08-2026at the National Bank
Score breakdownraises riskLoss of €42,568 (financial year 2025)Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.53, cash €19,507, halvedlowers riskSize: total assets €342,511Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 19% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 61-2
equity 36.2% of total assets
Liquidity 24-12
short-term debt 62.8% · cash 5.7%
Profitability 3-65
return on assets -12.4%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -1.4 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.3 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.53 (1.56 in 2024), above the usual 1.5. Short-term debt is 62.8% and cash 5.7% of total assets. However, 63.8% of the assets are financed with debt and provisions.
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 43, micro). It does better than 38% of them on solvency, 14% on liquidity, 9% on profitability and 16% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Five signals.
lowers riskraises risk
raises risk · Loss of €42,568 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €342,511
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.53, cash €19,507, halved
NBB · annual accounts
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
30 days late
2024
4 days late
2023
13 days late
2022
31 days late
2021
23 days late
2020
31 days late
2019
102 days late
← 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 33 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €20,967 in 2024 -€42,568 View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies -€42,568 View
  • Board changedlatest change 25-03-2026 · 2 in office 2 joined · 1 left View

Documents

Annual accounts at the NBB

All 16 annual accounts

Articles and registers

Key facts about SECURITY AND PROTECTION GROUP

What is the company number of SECURITY AND PROTECTION GROUP?
The company number of SECURITY AND PROTECTION GROUP is 0817.753.451. The VAT number is the same number with BE in front: BE 0817.753.451.
Where is SECURITY AND PROTECTION GROUP based?
The registered office is at Louizalaan 209A, 1050 Elsene.Company details
What does SECURITY AND PROTECTION GROUP do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of SECURITY AND PROTECTION GROUP?
The legal form of SECURITY AND PROTECTION GROUP is Private limited company (BV).
When was SECURITY AND PROTECTION GROUP founded?
SECURITY AND PROTECTION GROUP was founded on 30-07-2009.
Is SECURITY AND PROTECTION GROUP still active?
Yes, SECURITY AND PROTECTION GROUP is an active enterprise in the KBO register.
How many employees does SECURITY AND PROTECTION GROUP have?
SECURITY AND PROTECTION GROUP had an average of 3.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of SECURITY AND PROTECTION GROUP?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €200,238 and 39 comparable companies (NACE 43211). It probably lies between €400,000 and €730,000.
Is SECURITY AND PROTECTION GROUP profitable?
In financial year 2025, SECURITY AND PROTECTION GROUP made a loss of €42,568.
Where can I find the annual accounts of SECURITY AND PROTECTION GROUP?
SECURITY AND PROTECTION GROUP filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SECURITY AND PROTECTION GROUP due?
SECURITY AND PROTECTION GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as SECURITY AND PROTECTION GROUP: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €304,000 and €414,000, founded between 2008 and 2011.

CompanyTotal assetsGross margin
SECURITY AND PROTECTION GROUP Elsene€342,511€200,238
le charme du Bouleau Ganshoren€414,137€176,491
DECOCK VINCENT Harelbeke€366,412€211,665
VPS Support Scherpenheuvel-Zichem€368,451€198,538
Damen Elektriciteitswerken Houthalen-Helchteren€356,534€214,721
CARVELEC Kruisem€304,495€209,438
ENIS-KESTENS Bierbeek€364,416€211,504
Full comparison

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