Stéphane Security Systems
ActiveStéphane Security Systems has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €5k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 3476 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-8
Solvency73▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 2.02 in 2024; short-term debt: 48% and cash: 66% of total assets), but 52.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
47.6%
Return on assets
1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
57 d late
2023
47 d late
2022
10 d late
2021
45 d late
2020
111 d late
2019
61 d late
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€216k▲ 2.3%
2024 · €211k
2018: €73k
2019: €88k
2020: €102k
2021: €123k
2022: €164k
2023: €182k
2024: €211k
2018 → 2025
Total assets
€455k▲ 11.6%
2024 · €407k
2018: €221k
2019: €258k
2020: €288k
2021: €320k
2022: €393k
2023: €399k
2024: €407k
2018 → 2025
Net result
€5k▼ 83.2%
2024 · €29k
2018: €28k
2019: €45k
2020: €44k
2021: €51k
2022: €86k
2023: €64k
2024: €29k
2018 → 2025
Working capital
€177k▲ 3.1%
2024 · €172k
2018: €60k
2019: €59k
2020: €74k
2021: €82k
2022: €126k
2023: €147k
2024: €172k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€164k▲ 33.0%€182k▲ 11.3%€211k▲ 16.1%€216k▲ 2.3%
Operating result€63k-€107k▲ 68.2%€77k▼ 28.1%€42k▼ 45.7%€8k▼ 79.7%
Net result€51k-€86k▲ 68.3%€64k▼ 25.6%€29k▼ 54.5%€5k▼ 83.2%
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 three years in a row; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €455k
Fixed assets
€59k▼ 11.9%
Current assets
€396k▲ 16.2%
Equity and liabilities €455k
Equity
€216k▲ 2.3%
Debt
€238k▲ 21.7%
The debt ratio rises from 48.1% to 52.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €50k
Cash flow
€13k▼
2024 · €37k
Solvency
47.6%▼
2024 · 51.9%
Current ratio
1.81▼
2024 · 2.02
Quick ratio
1.78▼
2024 · 1.99
Debt / equity
1.10▲
2024 · 0.93
ROE
2.3%▼
2024 · 13.8%
ROA
1.1%▼
2024 · 7.2%
Interest coverage
15.23▼
2024 · 15.84
Debt
€238k▲
2024 · €196k
Debt ≤ 1 year
€218k▲
2024 · €168k
Debt > 1 year
€19k▼
2024 · €27k
Income taxes
€3k▼
2024 · €11k
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€407k€455k▲
Fixed assets21/28€67k€59k▼
Tangible fixed assets22/27€67k€59k▼
Land and buildings22€61k€57k▼
Furniture and vehicles24€6k€2k▼
Current assets29/58€340k€396k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€36k€87k▲
Trade receivables40€22k€64k▲
Other amounts receivable41€14k€23k▲
Cash at bank and in hand54/58€297k€300k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€407k€455k▲
Equity10/15€211k€216k▲
Contributions10/11€7k€7k=
Reserves13€205k€210k▲
Distributable reserves133€205k€210k▲
Amounts payable17/49€196k€238k▲
Amounts payable after more than one year17€27k€19k▼
Financial debts170/4€27k€19k▼
Amounts payable within one year42/48€168k€218k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€19k€31k▲
Suppliers440/4€19k€31k▲
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€136k€179k▲
Accrued charges and deferred income492/3-€727
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€327€335▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€50k€18k▼
Operating profit (loss)9901€42k€8k▼
Financial income75/76B€2k€23▼
Recurring financial income75€2k€23▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€41k€7k▼
Income taxes67/77€11k€3k▼
Profit (loss) for the period9904€29k€5k▼
Profit (loss) for the period to be appropriated9905€29k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€5k▼
Transfer to equity691/2€29k€5k▼
To other reserves6921€29k€5k▼
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €5k ▼83.2%
Net result drops to €5k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Equity above €200kEq €211k ▲16.1%
7 profitable years in a row build equity to €211k.
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Highest result since 2018net €86k ▲68.3%
Operating result €107k, net result €86k, both a record.
31-12
Financial
Equity above €150kEq €164k ▲33%
5 profitable years in a row build equity to €164k.
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
31-12
Financial
Equity above €100kEq €102k ▲15.5%
3 profitable years in a row build equity to €102k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zandhoven · 2 establishment units since 2009
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.
Kruisdreef 362242 ZandhovenGround area
1,903 m²
Building footprint
256 m²
Volume, LiDAR
1,017 m³
2 parcels, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Stéphane Security Systems
since 20092.182.040.140
Stéphane Security Systems
since 20182.280.856.020
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11033A0019/00K002 | Flanders | 1,092 m² | 1 · 65 m² | 6.0 m · 2 fl. |
| 11049B0116/00T000 | Flanders | 811 m² | 1 · 192 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2009
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
43211General electrical installation work
62010Computer programming, consultancy and related activities
62100Computer programming
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.