SECURITY CONCEPT
ActiveSECURITY CONCEPT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €2k. Equity is growing by ~31% per year across the filed fiscal years. Its solvency ranks better than 50% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-19
Solvency67▲+10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.21 in 2024; short-term debt: 57.9% and cash: 1.7% of total assets), and 57.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.1%
Return on assets
3.4%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 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
12 d late
2024
16 d late
2023
17 d late
2022
14 d late
2021
12 d late
2020
18 d late
2019
12 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€64k
EBIT margin
9.9%
Net result
€2k▼ 55.1%
2024 · €5k
2018: €3k
2019: €5k
2020: €-3k
2021: €-2k
2022: €3k
2023: €12k
2024: €5k
2018 → 2025
Working capital
€-40k▲ 13.2%
2024 · €-46k
2018: €-32k
2019: €-36k
2020: €-39k
2021: €-51k
2022: €-73k
2023: €-58k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€64k-
Equity€7k-€10k▲ 47.7%€22k▲ 119%€27k▲ 24.8%€30k▲ 8.9%
Operating result€6k-€8k▲ 20.5%€21k▲ 173%€11k▼ 47.4%€8k▼ 25.9%
Net result€-2k-€3k€12k▲ 267%€5k▼ 54.4%€2k▼ 55.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€70k▼ 5.0%
Current assets
€1k▼ 90.3%
Equity and liabilities €71k
Equity
€30k▲ 8.9%
Debt
€41k▼ 29.5%
The debt ratio falls from 68.0% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €18k
Cash flow
€9k▼
2024 · €12k
Solvency
42.1%▲
2024 · 32.0%
Current ratio
0.03▼
2024 · 0.21
Quick ratio
0.03▼
2024 · 0.21
Debt / equity
1.38▼
2024 · 2.12
ROE
8.2%▼
2024 · 19.8%
ROA
3.4%▼
2024 · 6.4%
Interest coverage
4.24▼
2024 · 7.23
Debt
€41k▼
2024 · €58k
Debt ≤ 1 year
€41k▼
2024 · €58k
Income taxes
€2k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€71k▼
Fixed assets21/28€74k€70k▼
Tangible fixed assets22/27€74k€70k▼
Land and buildings22€62k€60k▼
Plant, machinery and equipment23€11k€10k▼
Furniture and vehicles24€775€229▼
Current assets29/58€12k€1k▼
Amounts receivable within one year40/41€9k-
Trade receivables40€9k-
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€86k€71k▼
Equity10/15€27k€30k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€21k€23k▲
Amounts payable17/49€58k€41k▼
Amounts payable within one year42/48€58k€41k▼
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Advances received on contracts in progress46€20k€13k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€26k€19k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€20k€17k▼
Operating profit (loss)9901€11k€8k▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€8k€5k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€23k▲
Profit (loss) brought forward from the previous period14P€15k€21k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
30-09
Financial
Highest result since 2018net €12k ▲267%
Operating result €21k, net result €12k, both a record.
14-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
30-09
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
30-09
Financial
Weakest financial yearnet €-3k ▼156%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
19-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bassenge · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Royale 374690 BassengeGround area
2,013 m²
Building footprint
284 m²
Volume, LiDAR
2,016 m³
Parcel 62011B0788/00D000, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Royale 37, 4690 Bassenge
since 20122.211.595.149
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62011B0788/00D000 | Wallonia | 2,013 m² | 1 · 284 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ORTO
BE 0810.571.590
La Hulpe · Eq €30k
TOMEquipments
BE 0452.270.913
Walcourt · Eq €30k
VIAK
BE 0629.906.617
Orp-Jauche · Eq €30k
LLZ CONSULTING
BE 0803.247.892
Ath · Eq €30k
Oli4 Consult
BE 1029.227.111
Grobbendonk · Eq €30k
Of 6,157 companies in sector 46190 we hold annual accounts for 2,567. 1,788 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2012
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.