TECHNOSECURITY
InactiveOverview
Activity
“Toutesopérationsgénéralementquelconquescommerciales,industrielles,financières,mobilièresouimmobilièresserapportantauxactivitésdecommerce,fabrication,achat,vente,deserrurerie,vitrerie,miroiterie,ferronnerie,voletsetportesautomatiques,ainsiquetousservicessyrapportant,ainsiquàtouteslesopérationsquiseraientdenatureàenfaciliterdirectementounon,entièrementoupartiellement,laréalisation” (deed in French)
From the articles, 2 activitiesNo NACE code in the KBO yet
Size
€402,550total assets 2025
- Equity
- €378,495
- Profit
- €32,876
Turnover not published (micro format)
Financial health
Inactive: no score
Signalsraises risk2025 accounts filed 28 days lateShow the evidence
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
146 days late
2023
29 days late
2022
20 days late
2021
10 days late
2020
1 day late
2019
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end28-10-2026 today31-01-2027 deadline
- Resignations & appointments · End &…Appointment: Pierre LERUSSE (réviseur d'entreprises)…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00045992.
Equity
€378,495▲ 2.9%
2024 · €367,795
Total assets
€402,550▲ 6.3%
2024 · €378,833
Net result
€32,876▼ 23.0%
2024 · €42,676
Working capital
€331,137▲ 15.6%
2024 · €286,559
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has fallen two years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€43,517
2025
Net result€32,876
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€402,550
2025
Equity€378,495
2025
Debt€24,055
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€331,137
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€60,120-€54,830▼ 8.8%€94,753▲ 72.8%€109,988▲ 16.1%€134,699▲ 22.5%€63,502▼ 52.9%€43,517▼ 31.5%
Net result-€2,605-€33,852€64,794▲ 91.4%€72,714▲ 12.2%€90,412▲ 24.3%€42,676▼ 52.8%€32,876▼ 23.0%
Equity€244,370-€278,223▲ 13.9%€343,016▲ 23.3%€234,708▼ 31.6%€325,120▲ 38.5%€367,795▲ 13.1%€378,495▲ 2.9%
Total assets€315,081-€343,878▲ 9.1%€393,358▲ 14.4%€468,474▲ 19.1%€356,752▼ 23.8%€378,833▲ 6.2%€402,550▲ 6.3%
Debt€70,711-€65,655▼ 7.1%€50,342▼ 23.3%€233,767▲ 364%€31,633▼ 86.5%€11,038▼ 65.1%€24,055▲ 118%
Working capital€234,940-€271,463▲ 15.5%€335,649▲ 23.6%€220,556▼ 34.3%€238,838▲ 8.3%€286,559▲ 20.0%€331,137▲ 15.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €402,550
Fixed assets
€47,358 ▼ 43.4%
Current assets
€355,192 ▲ 20.4%
Equity and liabilities €402,550
Equity
€378,495 ▲ 2.9%
Debt
€24,055 ▲ 118%
Debt's share of the balance-sheet total rises from 2.9% to 6.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60,591▼
2024 · €82,116
Cash flow
€49,950▼
2024 · €61,290
Current ratio
14.77▼
2024 · 34.56
Quick ratio
14.63▼
2024 · 34.17
Debt to equity
0.06▲
2024 · 0.03
ROE
8.7%▼
2024 · 11.6%
ROA
8.2%▼
2024 · 11.3%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€24,055▲
2024 · €8,538
Income taxes
€17,359▼
2024 · €21,120
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 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,511 | €17,000 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,562 | €18,561 | €18,498 | €18,045 | €10,631 | €18,614 | €17,074 | ▼ 8.3% |
| Other operating charges640/8 | - | - | - | €3,325 | €790 | €928 | €841 | ▼ 9.4% |
| Non-recurring operating charges66A | - | - | - | - | €85 | €2,750 | €24,042 | ▲ 774% |
| Gross operating margin9900 | €79,721 | €74,633 | €113,960 | €131,357 | €146,205 | €85,795 | €85,474 | ▼ 0.4% |
| Operating profit (loss)9901 | €60,120 | €54,830 | €94,753 | €109,988 | €134,699 | €63,502 | €43,517 | ▼ 31.5% |
| Financial income75/76B | - | - | - | €0 | €119 | €422 | €6,850 | ▲ 16× |
| Recurring financial income75 | €6 | - | €27 | €0 | €119 | €422 | €6,850 | ▲ 16× |
| Financial charges65/66B | - | - | - | €687 | €321 | €128 | €133 | ▲ 3.3% |
| Recurring financial charges65 | €62,663 | €1,114 | €1,621 | €687 | €321 | €128 | €133 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | -€2,537 | €53,716 | €93,159 | €109,300 | €134,497 | €63,796 | €50,235 | ▼ 21.3% |
| Income taxes67/77 | €67 | €19,864 | €28,365 | €36,586 | €44,085 | €21,120 | €17,359 | ▼ 17.8% |
| Profit (loss) for the period9904 | -€2,605 | €33,852 | €64,794 | €72,714 | €90,412 | €42,676 | €32,876 | ▼ 23.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,605 | €33,852 | €64,794 | €72,714 | €90,412 | €42,676 | €32,876 | ▼ 23.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €315,081 | €343,878 | €393,358 | €468,474 | €356,752 | €378,833 | €402,550 | ▲ 6.3% |
| Fixed assets21/28 | €55,536 | €36,976 | €20,048 | €14,152 | €86,281 | €83,736 | €47,358 | ▼ 43.4% |
| Tangible fixed assets22/27 | €55,536 | €36,976 | €20,048 | €14,152 | €86,281 | €83,736 | €47,358 | ▼ 43.4% |
| Plant, machinery and equipment23 | - | - | - | €1,039 | - | - | €4,329 | - |
| Furniture and vehicles24 | - | - | - | €13,112 | €86,281 | €83,736 | €43,030 | ▼ 48.6% |
| Current assets29/58 | €259,545 | €306,902 | €373,310 | €454,323 | €270,471 | €295,097 | €355,192 | ▲ 20.4% |
| Stocks and contracts in progress3 | €3,326 | €3,326 | €3,326 | €3,326 | €3,326 | €3,326 | €3,326 | = |
| Stocks30/36 | - | - | - | €3,326 | €3,326 | €3,326 | €3,326 | = |
| Amounts receivable within one year40/41 | €32,014 | €14,566 | €51,282 | €20,416 | €25,974 | €42,414 | €21,040 | ▼ 50.4% |
| Trade receivables40 | - | - | - | €16,133 | €25,974 | €34,506 | €16,472 | ▼ 52.3% |
| Other amounts receivable41 | - | - | - | €4,283 | - | €7,908 | €4,568 | ▼ 42.2% |
| Current investments50/53 | - | - | - | - | - | €200,000 | - | - |
| Cash at bank and in hand54/58 | €224,205 | €287,737 | €317,397 | €428,716 | €238,245 | €46,439 | €328,325 | ▲ 607% |
| Deferred charges and accrued income490/1 | - | - | - | €1,865 | €2,927 | €2,918 | €2,501 | ▼ 14.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €315,081 | €343,878 | €393,358 | €468,474 | €356,752 | €378,833 | €402,550 | ▲ 6.3% |
| Equity10/15 | €244,370 | €278,223 | €343,016 | €234,708 | €325,120 | €367,795 | €378,495 | ▲ 2.9% |
| Contributions10/11 | €19,000 | - | - | €19,000 | €19,000 | €22,176 | - | - |
| Contributions outside capital11 | - | - | - | €19,000 | €19,000 | €22,176 | - | - |
| Other1109/19 | - | - | - | €19,000 | €19,000 | €22,176 | - | - |
| Reserves13 | €226,017 | €259,653 | €299,653 | €191,344 | €281,722 | €321,222 | €354,098 | ▲ 10.2% |
| Non-distributable reserves130/1 | - | - | - | €3,176 | €3,176 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,176 | €3,176 | - | - | - |
| Distributable reserves133 | - | - | - | €188,168 | €278,546 | €321,222 | €354,098 | ▲ 10.2% |
| Profit (loss) carried forward14 | -€647 | -€431 | €24,363 | €24,363 | €24,397 | €24,397 | €24,397 | = |
| Amounts payable17/49 | €70,711 | €65,655 | €50,342 | €233,767 | €31,633 | €11,038 | €24,055 | ▲ 118% |
| Amounts payable after more than one year17 | €46,106 | €29,548 | €12,681 | - | - | - | - | - |
| Amounts payable within one year42/48 | €24,605 | €35,439 | €37,661 | €233,767 | €31,633 | €8,538 | €24,055 | ▲ 182% |
| Financial debts43 | - | - | - | €12,681 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €12,681 | - | - | - | - |
| Trade debts44 | €8,349 | €10,312 | €3,879 | €428 | €2,285 | €5,164 | €931 | ▼ 82.0% |
| Suppliers440/4 | - | - | - | €428 | €2,285 | €5,164 | €931 | ▼ 82.0% |
| Taxes, remuneration and social security45 | - | - | - | €48,687 | €26,805 | €1,347 | €17,121 | ▲ 13× |
| Taxes450/3 | - | - | - | €48,687 | €26,805 | €347 | €17,121 | ▲ 49× |
| Remuneration and social security454/9 | - | - | - | - | - | €1,000 | - | - |
| Other amounts payable47/48 | - | - | - | €171,971 | €2,542 | €2,027 | €6,003 | ▲ 196% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €2,500 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,605 | €33,852 | €64,794 | €72,714 | €90,412 | €42,676 | €32,876 | ▼ 23.0% |
| + Depreciation and write-downs630 | €18,562 | €18,561 | €18,498 | €18,045 | €10,631 | €18,614 | €17,074 | ▼ 8.3% |
| Operating cash flow (approximation) | €15,957 | €52,413 | €83,292 | €90,759 | €101,043 | €61,290 | €49,950 | ▼ 18.5% |
| Investment in fixed assets (approximation) | - | €0 | -€1,570 | -€12,149 | -€82,760 | -€16,069 | €19,304 | - |
| Change in cash | - | €63,532 | €29,660 | €111,319 | -€190,471 | -€191,805 | €281,886 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 28-02-2026 | 2026-00045992 |
| 30-06-2024 | micro format | 26-06-2025 | 2025-00179502 |
| 30-06-2023 | micro format | 29-02-2024 | 2024-00036403 |
| 30-06-2022 | micro format | 20-02-2023 | 2023-00029283 |
| 30-06-2021 | micro format | 10-02-2022 | 2022-05400462 |
| 30-06-2020 | micro format | 01-02-2021 | 2021-04200149 |
| 30-06-2019 | micro format | 14-02-2020 | 2020-05000266 |
| 30-06-2018 | micro format | 19-02-2019 | 2019-05200561 |
| 30-06-2017 | micro format | 13-02-2018 | 2018-05000149 |
| 30-06-2016 | full format | 15-02-2017 | 2017-04500549 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
Board 1
MASSART Philippe
CurrentDirector (not named in the articles) · since 02-01-2024
Statutory auditor 1
Pierre LERUSSE
CurrentRéviseur d'entreprises · since 13-10-2026
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2024, 2 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| MASSART Philippe |
|
| Pierre LERUSSE |
|
Owners and capital
Capital and shareholders
Capital over the years
- 02-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
13-10
Gazette deed
Resignations & appointments · End & cessationAppointment: Pierre LERUSSE (réviseur d'entreprises) · Net-asset statement · Declaration13 facts ▸
Gazette deed
Resignations & appointments · End & cessation
Appointment: Pierre LERUSSE (réviseur d'entreprises) · Net-asset statement · Declaration13 facts ▸
- General meeting, 24-09-2026
- Other provision, “rapport spécial de l'organe d'administration, en possession de l'actionnaire unique” (deed in French)
- Net-asset statement, 14-09-2026
- General meeting, “approbation du rapport du Réviseur” (deed in French)
- Declaration, “situation de la société, ne possède plus d'actifs à l'exception de ce qui figure ci-dessous” (deed in French)
- Declaration, “dettes, ne possède plus de dettes à l'égard de tiers en ce compris les frais des présentes et les honoraires du réviseur ou dispose de la preuve du paiement de…” (deed in French)
- Declaration, “nomination liquidateur, n'y a dès lors pas lieu de nommer un liquidateur” (deed in French)
- Dissolution, “dissolution anticipée, dissolution et liquidation en un acte” (deed in French)
- Liquidation closure, “la société cesse d'exister, même pour les besoins de sa liquidation, clôturer immédiatement la liquidation de la société” (deed in French)
- Custody of records, “1331 Rixensart (Rosières), rue de La Hulpe 61”, 5 (deed in French)
- Power of attorney, Samira MAZOUZ
- Auditor appointment, Pierre LERUSSE (réviseur d'entreprises)
- +1 further fact in this act
28-02
NBB filing
Annual accounts filed
financial year 2025 · micro format · 28 days late
2025
26-06
NBB filing
Annual accounts filed
financial year 2024 · micro format · 146 days late
2024
30-06
Financial
Liquidity quadruplescurrent ratio 34.56
Current ratio from 8.55 to 34.56; short-term debt falls from €31,633 to €8,538.
29-02
NBB filing
Annual accounts filed
financial year 2023 · micro format · 29 days late
02-01
Gazette deed
Resignation: MASSART Philippe (manager)Appointment: MASSART Philippe (director) · Registered office clause · Power of attorney9 facts ▸
Gazette deed
Resignation: MASSART Philippe (manager)
Appointment: MASSART Philippe (director) · Registered office clause · Power of attorney9 facts ▸
- Director resignation, MASSART Philippe (manager)
- Director appointment, MASSART Philippe (director (not named in the articles))
- Registered office clause, “1331 Rosières,rue de La Hulpe,numéro 61” (deed in French)
- Power of attorney
- General meeting, 13-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “comptedecapitauxpropresstatutairementindisponible” (deed in French)
- Capital conversion, “supprimer, rendrecesfondsdisponiblespourdistribution” (deed in French)
- Capital
2023
30-06
Financial
Highest result from 2019 to 2025net €90,412 ▲24.3%
Operating result €134,699, net result €90,412, both a record.
30-06
Financial
Liquidity more than quadruplescurrent ratio 8.55
Current ratio from 1.94 to 8.55; short-term debt falls from €233,767 to €31,633.
20-02
NBB filing
Annual accounts filed
financial year 2022 · micro format · 20 days late
2022
10-02
NBB filing
Annual accounts filed
financial year 2021 · micro format · 10 days late
2021
01-02
NBB filing
Annual accounts filed
financial year 2020 · micro format · 1 day late
2020
30-06
Financial
Back to profitnet €33,852
Net result €33,852 after one loss-making year.
Show earlier events
14-02
NBB filing
Annual accounts filed
financial year 2019 · micro format · 14 days late
2019
19-02
NBB filing
Annual accounts filed
financial year 2018 · micro format · 19 days late
2018
13-02
NBB filing
Annual accounts filed
financial year 2017 · micro format · 13 days late
2017
15-02
NBB filing
Annual accounts filed
financial year 2016 · full format · 15 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 22 annual accounts filed, the latest 10 are here; all 22 are under Financials.
2 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Recognitions · licences · registrations
Legal Entity Identifier
549300VED19ZMOW8GB60
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Rixensart
Ground area
767 m²
Building footprint
127 m²
Parcel 25092B0267/00K002, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25092B0267/00K002 | Wallonia | 767 m² | 1 · 127 m² | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutesopérationsgénéralementquelconquescommerciales,industrielles,financières,mobilièresouimmobilièresserapportantauxactivitésdecommerce,fab…” (deed in French)
2 activities (deed in French)
- Toutesopérationsgénéralementquelconquescommerciales,industrielles,financières,mobilièresouimmobilièresserapportantauxactivitésdecommerce,fabrication,achat,vente,deserrurerie,vitrerie,miroiterie,ferronnerie,voletsetportesautomatiques,ainsiquetousservicessyrapportant,ainsiquàtouteslesopérationsquiseraientdenatureàenfaciliterdirectementounon,entièrementoupartiellement,laréalisation
- Sintéresserpartoutevoiedapport,fusion,souscriptionoudetouteautremanièredanstoutesaffairesousociétésayantunobjetidentique,analogueouconnexeausienouquisontdenatureàfavoriserledéveloppementdesonentrepriseouàfacilitélécoulementdesesproduits
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TECHNOSECURITY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, organe d'administration” (deed in French)“Rémunération des administrateurs, mandat exercé gratuitement ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, formes prévues pour modifications aux statuts” (deed in French)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed