SUCCESS SECURITY
The computed 12-month bankruptcy probability of SUCCESS SECURITY is 0.7% (low). The 2023 annual accounts show equity of €182k and a net result of €10k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 95 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €182k |
| Net result | €10k |
| Staff (FTE) | 2.1 |
| Better than sector | 41% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.6% | 32.3% | |
| Net result | €10k | €5k | |
| Equity | €182k | €17k | |
| Gross operating margin | €201k | €22k | |
| Staff costs | €166k | €177k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €34k |
| Net profit | €10k |
| Cash flow | €14k |
| Staff costs | €166k |
| Income taxes | €14k |
| Dividends | - |
| Total assets | €980k |
| Equity | €182k |
| Debt | €798k |
| of which ≤ 1y | €798k |
| of which > 1y | - |
| Working capital | €173k |
| Employees (FTE) | 2.1 |
| 2023 | |
|---|---|
| Current ratio | 1.22 |
| Quick ratio | 1.22 |
| Working capital ratio | 17.6% |
| Solvency | 18.6% |
| Debt / equity | 4.37 |
| Long-term debt ratio | - |
| Interest coverage | 5.46 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.0% |
| ROE | 5.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €980k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €8k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €970k |
| Amounts receivable within one year | 40/41 | €970k |
| Cash & bank | 54/58 | €24 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €980k |
| Equity | 10/15 | €182k |
| Contributions / capital | 10/11 | €8k |
| Reserves | 13 | €63k |
| Accumulated profits (losses) | 14 | €112k |
| Amounts payable | 17/49 | €798k |
| Amounts payable within one year | 42/48 | €798k |
| Trade debts payable within one year | 44 | €192k |
| Income statement | ||
| Gross operating margin | 9900 | €201k |
| Operating result | 9901 | €30k |
| Financial income | 75 | €371 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €10k |
| Result to be appropriated | 9905 | €10k |
| NACE primary | 80010 |
| Legal form | Private limited company(610) |
| Incorporation | 27-04-2010 |
| Status | Active |
| Postal code | 7110 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-04-2024 1 director appointed, 1 resigning
- LETOT Vanessa, Bestuurder
- AZRHARI Mohammed, Bestuurder
Technical details
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"evidence_quote": "En date du 15 octobre 2023, I\u0022assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide d\u0027accepter la d\u00E9mission de monsieur AZRHARI Mohammed domicil\u00E9 \u00E0 rue de la Tour 61 \u00E0 59460 Jeumont (France) du poste d\u0027administrateur qu\u0027il occupait \u00E0 titre gracieux et pour laquelle il n\u0027a touch\u00E9 aucune r\u00E9mun\u00E9ration de quelque nature que ce soi",
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}06-06-2023 AZRHARI Mohamed appointed as director
- AZRHARI Mohamed, Bestuurder
Technical details
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"act_meta": {
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SUCCESS SECURITY |