TEAM SERVICE SECURITY
ActiveTEAM SERVICE SECURITY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-79k) and a net result of €-174k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 94 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-84
Solvency7▼-38
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.31 against 1.2 in 2024; short-term debt: 64.6% and cash: 10.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
-18.4%
Return on assets
-40.3%
Age of the figures
9 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
Sector 80
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-79k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 9 filingsDeviation from the deadline
2025
26 d late
2024
37 d early
2023
29 d early
2022
121 d late
2021
51 d late
2020
31 d late
2019
121 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, abbreviated schema
Equity
€-79k
2024 · €95k
2018: €87k
2019: €21k
2020: €-77k
2021: €-41k
2022: €6k
2023: €55k
2024: €95k
2018 → 2025
Total assets
€433k▼ 8.5%
2024 · €473k
2018: €172k
2019: €306k
2020: €348k
2021: €439k
2022: €722k
2023: €493k
2024: €473k
2018 → 2025
Net result
€-174k
2024 · €57k
2018: €66k
2019: €-67k
2020: €-103k
2021: €36k
2022: €47k
2023: €49k
2024: €57k
2018 → 2025
Working capital
€88k▲ 13.5%
2024 · €77k
2018: €80k
2019: €9k
2020: €-74k
2021: €-44k
2022: €3k
2023: €36k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-41k-€6k€55k▲ 797%€95k▲ 73.4%€-79k
Operating result€39k-€86k▲ 121%€83k▼ 4.2%€78k▼ 6.1%€-152k
Net result€36k-€47k▲ 31.9%€49k▲ 3.4%€57k▲ 17.6%€-174k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €152k after €78k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433k
Fixed assets
€66k▲ 273%
Current assets
€367k▼ 19.3%
Key figures and ratios
EBITDA
€-141k▼
2024 · €83k
Cash flow
€-163k▼
2024 · €63k
Solvency
-18.4%▼
2024 · 20.1%
Current ratio
1.31▲
2024 · 1.20
Quick ratio
1.31▲
2024 · 1.20
Debt / equity
-3.82▼
2024 · 3.98
ROA
-40.3%▼
2024 · 12.1%
Interest coverage
-37.45▼
2024 · 22.20
Debt
€303k▼
2024 · €378k
Debt ≤ 1 year
€279k▼
2024 · €378k
Debt > 1 year
€22k
Income taxes
€20k▲
2024 · €18k
Staff costs
€1.29M▼
2024 · €1.48M
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€473k€433k▼
Fixed assets21/28€18k€66k▲
Tangible fixed assets22/27€16k€64k▲
Furniture and vehicles24€16k€64k▲
Financial fixed assets28€2k€2k=
Current assets29/58€455k€367k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€300k€309k▲
Trade receivables40€248k€257k▲
Other amounts receivable41€52k€52k▼
Cash at bank and in hand54/58€138k€45k▼
Deferred charges and accrued income490/1€17k€13k▼
Equity and liabilities
Total equity and liabilities10/49€473k€433k▼
Equity10/15€95k€-79k▼
Contributions10/11€19k€19k=
Reserves13€76k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€74k€0▼
Profit (loss) carried forward14€0€-100k▼
Provisions and deferred taxes16-€209k
Provisions for liabilities and charges160/5-€209k
Environmental obligations163-€209k
Amounts payable17/49€378k€303k▼
Amounts payable after more than one year17-€22k
Financial debts170/4-€22k
Amounts payable within one year42/48€378k€279k▼
Current portion of amounts payable after more than one year42-€8k
Financial debts43€26k€25k▼
Credit institutions430/8€26k€25k▼
Trade debts44€131k€100k▼
Suppliers440/4€131k€100k▼
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€201k€142k▼
Taxes450/3€32k€45k▲
Remuneration and social security454/9€169k€97k▼
Other amounts payable47/48€16k€0▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€1.48M€1.29M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€5k▲
Other operating charges640/8€48k€40k▼
Non-recurring operating charges66A€0€209k▲
Gross operating margin9900€1.61M€1.40M▼
Operating profit (loss)9901€78k€-152k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€75k€-155k▼
Income taxes67/77€18k€20k▲
Profit (loss) for the period9904€57k€-174k▼
Profit (loss) for the period to be appropriated9905€57k€-174k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€-174k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€8k€74k▲
Transfer to equity691/2€42k€0▼
To other reserves6921€42k€0▼
Profit to be distributed694/7€23k€0▼
Return on contributions (dividend)694€23k€0▼
Social balance
Average headcount (FTE)908721.519.0▼
The notes to these accounts (16 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
24-08
State Gazette act
Resignations & appointmentsBoard meeting · Director resignation · Power of attorney4 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director resignation · Power of attorney4 facts ▸
- Board meeting, 2026-07-20
- Director resignation, ARGUS AGENCY (dagelijks bestuurder)
- Director resignation, Erik Van Eester (vaste vertegenwoordiger van de rechtspersoon ARGUS AGENCY)
- Power of attorney, Van Reybrouck BV
2025
31-12
Financial
Weakest financial yearnet €-174k ▼405%
Net result drops to €-174k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 121 days late
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 51 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 121 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-07-2026
ARGUS AGENCY: Resigned as Dagelijks bestuurder
08-07-2026
Erik Van Eester: Resigned as Vaste vertegenwoordiger van de rechtspersoon argus agency
31-10-2016
Van Weverberg Andy: Resigned as Manager
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2016
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.
Sint-Elooisstraat 658020 OostkampGround area
311 m²
Building footprint
165 m²
Volume, LiDAR
1,065 m³
Parcel 31025B0621/00T000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TEAM SERVICE SECURITY
since 20162.254.885.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025B0621/00T000 | Flanders | 311 m² | 1 · 165 m² | 11.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 30,597 EUR awarded · 30,597 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,345 EUR | 2,345 EUR |
| 2024 | 1 | 9,449 EUR | 9,449 EUR |
| 2023 | 1 | 9,338 EUR | 9,338 EUR |
| 2022 | 1 | 9,465 EUR | 9,465 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 700 companies in sector 80010 we hold annual accounts for 349. 264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-02-2016
Fiscal year end31-12
Abbreviation NL
TSS
Activities, NACEBEL
80010Investigation and private security services
80100Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.