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Security Hills

Active
Private limited companyfounded 20206 yrs activeGoudenregenstraat 39, 2800 Mechelen, BelgiumKBO/BCE: BE 0750.502.262

Security Hills has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €-30k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 1898 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
Profitability0▼-85
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 3.96 in 2024; short-term debt: 16.8% and cash: 4.4% of total assets), and 18.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
81.3%
Return on assets
-28.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
8 d early
2024
14 d early
2023
13 d early
2022
20 d early
2021
18 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€87k▼ 25.9%
2024 · €118k
2021: €58k 2022: €74k 2023: €99k 2024: €118k
2021 → 2025
Total assets
€107k▼ 25.8%
2024 · €144k
2021: €71k 2022: €92k 2023: €121k 2024: €144k
2021 → 2025
Net result
€-30k
2024 · €18k
2021: €53k 2022: €16k 2023: €26k 2024: €18k
2021 → 2025
Working capital
€35k▼ 38.9%
2024 · €58k
2021: €45k 2022: €21k 2023: €44k 2024: €58k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€58k-€74k▲ 26.9%€99k▲ 34.8%€118k▲ 18.6%€87k▼ 25.9%
Operating result€76k-€24k▼ 68.3%€38k▲ 56.5%€28k▼ 26.2%€-31k
Net result€53k-€16k▼ 70.8%€26k▲ 64.5%€18k▼ 28.1%€-30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €76k€76kNet result 2021: €53k€53kOperating result 2022: €24k€24kNet result 2022: €16k€16kOperating result 2023: €38k€38kNet result 2023: €26k€26kOperating result 2024: €28k€28kNet result 2024: €18k€18kOperating result 2025: €-31k€-31kNet result 2025: €-30k€-30k20212022202320242025
The operating result turns negative in 2025: a loss of €31k after €28k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets €54k▼ 19.6%
Current assets €53k▼ 31.2%
Equity and liabilities €107k
Equity €87k▼ 25.9%
Debt €20k▼ 25.3%
The debt ratio rises from 18.5% to 18.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-16k
2024 · €42k
Cash flow
€-15k
2024 · €32k
Solvency
81.3%
2024 · 81.5%
Current ratio
2.97
2024 · 3.96
Quick ratio
2.97
2024 · 3.96
Debt / equity
0.23
2024 · 0.23
ROE
-35.0%
2024 · 15.7%
ROA
-28.5%
2024 · 12.8%
Interest coverage
-5.97
2024 · 24.86
Debt
€20k
2024 · €27k
Debt ≤ 1 year
€18k
2024 · €20k
Debt > 1 year
€2k
2024 · €7k
Income taxes
€139
2024 · €8k
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€144k€107k
Fixed assets21/28€67k€54k
Tangible fixed assets22/27€67k€54k
Land and buildings22€19k€17k
Plant, machinery and equipment23€19k€15k
Furniture and vehicles24€29k€22k
Current assets29/58€78k€53k
Amounts receivable within one year40/41€10k€24k
Trade receivables40€9k€15k
Other amounts receivable41€2k€9k
Current investments50/53€21k€24k
Cash at bank and in hand54/58€45k€5k
Deferred charges and accrued income490/1€868€920
Equity and liabilities
Total equity and liabilities10/49€144k€107k
Equity10/15€118k€87k
Contributions10/11€5k€5k=
Reserves13€113k€113k=
Distributable reserves133€113k€113k=
Profit (loss) carried forward14-€-30k
Amounts payable17/49€27k€20k
Amounts payable after more than one year17€7k€2k
Financial debts170/4€7k€2k
Amounts payable within one year42/48€20k€18k
Current portion of amounts payable after more than one year42€5k€5k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€61€1k
Suppliers440/4€61€1k
Taxes, remuneration and social security45€12k€7k
Taxes450/3€10k€6k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€3k€4k
Accrued charges and deferred income492/3€234€234=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k
Other operating charges640/8€745€926
Gross operating margin9900€43k€-15k
Operating profit (loss)9901€28k€-31k
Financial income75/76B€465€4k
Recurring financial income75€465€4k
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€27k€-30k
Income taxes67/77€8k€139
Profit (loss) for the period9904€18k€-30k
Profit (loss) for the period to be appropriated9905€18k€-30k
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-30k
Transfer to equity691/2€18k€0
To other reserves6921€18k€0

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-30k ▼265%
Net result drops to €-30k, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100kEq €118k ▲18.6%
4 profitable years in a row build equity to €118k.
18-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Goudenregenstraat 392800 Mechelen
Ground area
207 m²
Building footprint
98 m²
Volume, LiDAR
535 m³
Parcel 12403E0447/00F000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Security Hills
Goudenregenstraat 39, 2800 MechelenComputer programming, consultancy and related activities
since 20202.305.009.020
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12403E0447/00F000 Flanders 207 m² 1 · 98 m² 7.8 m · 2 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

Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,250 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.