Securityland Systems
ActiveSummary
For Securityland Systems, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €37k and a net result of €5k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 319 sector peers (fiscal year 2023). The company has been active since 2018 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
Profitability78▲+78
Solvency79▼-19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
54.4%
Return on assets
7.4%
Age of the figures
33 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Investigation and security activities (NACE 80)
about 5% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
54 d late
2022
70 d late
2021
25 d late
2020
37 d early
2019
57 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€37k▲ 15.8%
2022 · €32k
Total assets
€69k▲ 55.7%
2022 · €44k
Net result
€5k
2022 · €-7k
Working capital
€37k▲ 16.5%
2022 · €32k
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€22k▲ 961%€6k▼ 74.4%€-820€-7k▼ 731%€5k
Net result€15k▲ 890%€5k▼ 68.7%€-1k€-7k▼ 545%€5k
Equity€35k▲ 75.7%€40k▲ 13.5%€39k▼ 2.6%€32k▼ 17.3%€37k▲ 15.8%
Total assets€64k▲ 160%€73k▲ 13.6%€60k▼ 17.6%€44k▼ 26.3%€69k▲ 55.7%
Debt€29k▲ 535%€33k▲ 13.7%€21k▼ 36.1%€12k▼ 43.2%€31k▲ 165%
Working capital€31k▲ 122%€37k▲ 20.8%€37k▲ 0.3%€32k▼ 13.4%€37k▲ 16.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €5k after a loss of €7k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €69k
Fixed assets
€27 ▼ 87.7%
Current assets
€69k ▲ 56.5%
Equity and liabilities €69k
Equity
€37k ▲ 15.8%
Debt
€31k ▲ 165%
Debt's share of the balance-sheet total rises from 26.8% to 45.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2022 · €-5k
Cash flow
€5k▲
2022 · €-5k
Current ratio
2.19▼
2022 · 3.71
Quick ratio
2.01▼
2022 · 3.18
Debt to equity
0.84▲
2022 · 0.37
ROE
13.6%▲
2022 · -20.9%
ROA
7.4%▲
2022 · -15.3%
Interest coverage
21.25▲
2022 · -19.59
Debt ≤ 1 year
€31k▲
2022 · €12k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €193 | ▼ 89.1% |
| Other operating charges640/8 | - | - | €62 | €795 | €1k | ▲ 62.9% |
| Gross operating margin9900 | €23k | €7k | €997 | €-4k | €7k | ▲ 261% |
| Operating profit (loss)9901 | €22k | €6k | €-820 | €-7k | €5k | ▲ 178% |
| Financial income75/76B | - | - | €20 | €307 | €30 | ▼ 90.1% |
| Recurring financial income75 | €0 | €264 | €20 | €307 | €30 | ▼ 90.1% |
| Financial charges65/66B | - | - | €288 | €257 | €260 | ▲ 1.4% |
| Recurring financial charges65 | €35 | €405 | €288 | €257 | €260 | ▲ 1.4% |
| Profit (loss) for the period before taxes9903 | €22k | €5k | €-1k | €-7k | €5k | ▲ 176% |
| Income taxes67/77 | €6k | €634 | €-40 | - | - | - |
| Profit (loss) for the period9904 | €15k | €5k | €-1k | €-7k | €5k | ▲ 176% |
| Profit (loss) for the period to be appropriated9905 | €15k | €5k | €-1k | €-7k | €5k | ▲ 176% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64k | €73k | €60k | €44k | €69k | ▲ 55.7% |
| Formation expenses20 | €4k | €2k | €1k | €0 | - | - |
| Fixed assets21/28 | €1k | €736 | €782 | €220 | €27 | ▼ 87.7% |
| Intangible fixed assets21 | - | - | €414 | €220 | €27 | ▼ 87.7% |
| Tangible fixed assets22/27 | €1k | €736 | €368 | - | - | - |
| Plant, machinery and equipment23 | - | - | €368 | - | - | - |
| Current assets29/58 | €59k | €70k | €58k | €44k | €69k | ▲ 56.5% |
| Stocks and contracts in progress3 | €2k | €5k | €6k | €6k | €6k | ▼ 10.3% |
| Stocks30/36 | - | - | €6k | €6k | €6k | ▼ 10.3% |
| Amounts receivable within one year40/41 | €50k | €47k | €45k | €30k | €56k | ▲ 84.5% |
| Trade receivables40 | - | - | €13k | €5k | €21k | ▲ 345% |
| Other amounts receivable41 | - | - | €32k | €26k | €35k | ▲ 36.6% |
| Cash at bank and in hand54/58 | €8k | €18k | €8k | €7k | €7k | ▼ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64k | €73k | €60k | €44k | €69k | ▲ 55.7% |
| Equity10/15 | €35k | €40k | €39k | €32k | €37k | ▲ 15.8% |
| Contributions10/11 | €19k | - | €19k | €19k | €19k | = |
| Reserves13 | €17k | €22k | €21k | €14k | €19k | ▲ 37.1% |
| Non-distributable reserves130/1 | - | - | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | - | - |
| Distributable reserves133 | - | - | €19k | €12k | €19k | ▲ 58.5% |
| Amounts payable17/49 | €29k | €33k | €21k | €12k | €31k | ▲ 165% |
| Amounts payable within one year42/48 | €29k | €33k | €21k | €12k | €31k | ▲ 165% |
| Trade debts44 | €22k | €25k | €21k | €12k | €29k | ▲ 147% |
| Suppliers440/4 | - | - | €21k | €12k | €29k | ▲ 147% |
| Taxes, remuneration and social security45 | - | - | - | - | €2k | - |
| Taxes450/3 | - | - | - | - | €2k | - |
| Other amounts payable47/48 | - | - | €32 | €32 | €32 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €5k | €-1k | €-7k | €5k | ▲ 176% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €193 | ▼ 89.1% |
| Operating cash flow (approximation) | €17k | €6k | €707 | €-5k | €5k | ▲ 206% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-1k | €0 | ▲ 100.0% |
| Change in cash | - | €10k | €-10k | €-362 | €-138 | ▲ 61.9% |
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 · micro schema · 54 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €15k ▲890%
Operating result €22k, net result €15k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 2018
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
EASYSAFE
since 20182.273.290.812
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.
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Of 461 companies in sector 80090 we hold annual accounts for 261. 193 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
Founded07-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
80090Investigation and security activities
43211General electrical installation work
47559Retail sale of other household articles
Contact
Scores and ratios are computed by Checked and are not a credit decision.