TEAM SECURITY
Judicial reorganisationSummary
The file of TEAM SECURITY contains 1 judicial reorganisation, as published in the Belgian State Gazette. The KBO register records for TEAM SECURITY the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The annual accounts of TEAM SECURITY for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €89k and a net result of €-92k. The figures fluctuate too strongly year-on-year for a reliable trend projection.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-85
Solvency46▼-15
Growth52▼-26
Track record30
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.94 against 1.14 in 2024; short-term debt: 75.2% and cash: 5.1% of total assets), and 79.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
58 d late
2023
71 d late
2022
32 d early
2021
61 d late
2020
30 d late
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-92k
2024 · €65k
2018: €10k
2019: €18k
2020: €-32k
2021: €-5k
2022: €99k
2023: €18k
2024: €65k
2018 → 2025
Working capital
€-20k
2024 · €42k
2018: €13k
2019: €44k
2020: €-20k
2021: €-32k
2022: €85k
2023: €82k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-665-€98k€116k▲ 18.2%€181k▲ 55.9%€89k▼ 50.6%
Operating result€12k-€155k▲ 1,181%€68k▼ 56.1%€102k▲ 49.5%€-87k
Net result€-5k-€99k€18k▼ 81.9%€65k▲ 263%€-92k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €87k after €102k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436k
Fixed assets
€128k ▼ 17.4%
Current assets
€308k ▼ 12.9%
Equity and liabilities €436k
Equity
€89k ▼ 50.6%
Debt
€346k ▲ 5.9%
Debt's share of the balance-sheet total rises from 64.3% to 79.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-65k▼
2024 · €117k
Cash flow
€-70k▼
2024 · €80k
Current ratio
0.94▼
2024 · 1.14
Debt to equity
3.87▲
2024 · 1.80
ROE
-102.6%▼
2024 · 35.9%
ROA
-21.1%▼
2024 · 12.8%
Interest coverage
-19.59▼
2024 · 14.01
Debt ≤ 1 year
€328k▲
2024 · €311k
Income taxes
€1k▼
2024 · €29k
Staff costs
€269k▲
2024 · €216k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€508k€436k▼
Fixed assets21/28€154k€128k▼
Tangible fixed assets22/27€124k€98k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€65k€44k▼
Other tangible fixed assets26€53k€48k▼
Financial fixed assets28€30k€30k=
Current assets29/58€354k€308k▼
Amounts receivable within one year40/41€348k€284k▼
Trade receivables40€335k€269k▼
Other amounts receivable41€14k€14k▲
Cash at bank and in hand54/58€5k€22k▲
Deferred charges and accrued income490/1€30€2k▲
Equity and liabilities
Total equity and liabilities10/49€508k€436k▼
Equity10/15€181k€89k▼
Contributions10/11€19k€19k=
Reserves13€896€896=
Distributable reserves133€896€896=
Profit (loss) carried forward14€162k€70k▼
Amounts payable17/49€327k€346k▲
Amounts payable within one year42/48€311k€328k▲
Trade debts44€97k€50k▼
Suppliers440/4€97k€50k▼
Taxes, remuneration and social security45€183k€247k▲
Taxes450/3€165k€192k▲
Remuneration and social security454/9€18k€54k▲
Other amounts payable47/48€31k€31k=
Accrued charges and deferred income492/3€16k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€216k€269k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€22k▲
Other operating charges640/8€11k€21k▲
Gross operating margin9900€344k€226k▼
Operating profit (loss)9901€102k€-87k▼
Financial income75/76B€77€48▼
Recurring financial income75€77€48▼
Financial charges65/66B€8k€3k▼
Recurring financial charges65€8k€3k▼
Profit (loss) for the period before taxes9903€94k€-90k▼
Income taxes67/77€29k€1k▼
Profit (loss) for the period9904€65k€-92k▼
Profit (loss) for the period to be appropriated9905€65k€-92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€162k€70k▼
Profit (loss) brought forward from the previous period14P€97k€162k▲
Social balance
Average headcount (FTE)9087215,832.9260,429.0▲
The notes to these accounts (9 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
19-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 21-04-2026
- Registered-office move, Boulevard Industriel 9, 1070 Anderlecht
03-08
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement (SME) · event 22-07-2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 58 days late
2024
31-12
Financial
Equity above €150kEq €181k ▲55.9%
3 profitable years in a row build equity to €181k.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 71 days late
2023
31-12
Financial
Equity above €100kEq €116k ▲18.2%
2 profitable years in a row build equity to €116k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €99k
Net result €99k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Show earlier events
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2004
Ground area
9,883 m²
Building footprint
4,639 m²
Volume, LiDAR
74,930 m³
2 parcels, Brussels · tallest building 28.4 m, ±7 floors. Linked by address, not a title deed.
220
companies at this address
See who is registered here
1 establishment unit
TEAM SECURITY
since 20042.144.239.240
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0289/00B004 | Brussels | 9,782 m² | 1 · 4,538 m² | 28.4 m · 7 fl. |
| 21332B0298/00B014 | Brussels | 101 m² | 1 · 101 m² | 13.6 m · 4 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 700 companies in sector 80010 we hold annual accounts for 349. 269 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
80010Investigation and private security services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/483076