TOTAL SECURITY SYSTEMS
ActiveSummary
TOTAL SECURITY SYSTEMS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361,180 and a net result of €178,559. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+6
Solvency84▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.38 against 2.18 in 2024; short-term debt: 40.6% and cash: 6.4% of total assets), and 41.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
58.8%
Return on assets
29.1%
Age of the figures
9 mo
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
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
32 d late
2023
20 d late
2022
25 d early
2021
23 d late
2020
1 d late
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€361,180▲ 97.8%
2024 · €182,621
Total assets
€614,569▲ 72.7%
2024 · €355,829
Net result
€178,559▲ 153%
2024 · €70,631
Working capital
€344,897▲ 88.2%
2024 · €183,227
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€70,375▲ 101%€38,010▼ 46.0%€110,162▲ 190%€105,235▼ 4.5%€298,267▲ 183%
Net result€55,604▲ 142%€17,743▼ 68.1%€76,857▲ 333%€70,631▼ 8.1%€178,559▲ 153%
Equity€77,389▲ 110%€95,132▲ 22.9%€111,990▲ 17.7%€182,621▲ 63.1%€361,180▲ 97.8%
Total assets€157,444▲ 10.9%€207,083▲ 31.5%€285,531▲ 37.9%€355,829▲ 24.6%€614,569▲ 72.7%
Debt€80,055▼ 23.9%€111,951▲ 39.8%€173,541▲ 55.0%€173,208▼ 0.2%€253,389▲ 46.3%
Working capital€63,903▲ 189%€65,292▲ 2.2%€99,767▲ 52.8%€183,227▲ 83.7%€344,897▲ 88.2%
Staff (FTE)1.31.2▼ 7.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 183% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614,569
Fixed assets
€20,442 ▲ 20.9%
Current assets
€594,127 ▲ 75.3%
Equity and liabilities €614,569
Equity
€361,180 ▲ 97.8%
Debt
€253,389 ▲ 46.3%
Debt's share of the balance-sheet total falls from 48.7% to 41.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€305,446▲
2024 · €109,159
Cash flow
€185,738▲
2024 · €74,555
Current ratio
2.38▲
2024 · 2.18
Quick ratio
1.53▲
2024 · 1.19
Debt to equity
0.70▼
2024 · 0.95
ROE
49.4%▲
2024 · 38.7%
ROA
29.1%▲
2024 · 19.8%
Interest coverage
11.25▼
2024 · 13.69
Debt ≤ 1 year
€249,230▲
2024 · €155,697
Debt > 1 year
€4,159▼
2024 · €15,906
Income taxes
€92,577▲
2024 · €26,869
Staff costs
€101,720▲
2024 · €73,758
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,846 | - | - |
| Remuneration, social security and pensions62 | - | €11,276 | €30,464 | €73,758 | €101,720 | ▲ 37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,000 | €6,552 | €7,709 | €3,924 | €7,180 | ▲ 83.0% |
| Other operating charges640/8 | - | €946 | €1,993 | €9,231 | €7,673 | ▼ 16.9% |
| Non-recurring operating charges66A | - | - | - | - | €1,290 | - |
| Gross operating margin9900 | €71,770 | €56,783 | €150,329 | €192,148 | €416,129 | ▲ 117% |
| Operating profit (loss)9901 | €70,375 | €38,010 | €110,162 | €105,235 | €298,267 | ▲ 183% |
| Financial income75/76B | - | €681 | €45 | €242 | €20 | ▼ 91.7% |
| Recurring financial income75 | €1,301 | €681 | €45 | €242 | €20 | ▼ 91.7% |
| Financial charges65/66B | - | €3,115 | €6,284 | €7,976 | €27,151 | ▲ 240% |
| Recurring financial charges65 | €1,946 | €3,115 | €6,284 | €7,976 | €27,151 | ▲ 240% |
| Profit (loss) for the period before taxes9903 | €69,730 | €35,576 | €103,923 | €97,500 | €271,135 | ▲ 178% |
| Income taxes67/77 | €14,127 | €17,833 | €27,066 | €26,869 | €92,577 | ▲ 245% |
| Profit (loss) for the period9904 | €55,604 | €17,743 | €76,857 | €70,631 | €178,559 | ▲ 153% |
| Profit (loss) for the period to be appropriated9905 | €55,604 | €17,743 | €76,857 | €70,631 | €178,559 | ▲ 153% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €157,444 | €207,083 | €285,531 | €355,829 | €614,569 | ▲ 72.7% |
| Fixed assets21/28 | €13,486 | €29,841 | €42,223 | €16,905 | €20,442 | ▲ 20.9% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €13,486 | €29,841 | €42,223 | €16,905 | €20,442 | ▲ 20.9% |
| Plant, machinery and equipment23 | - | - | - | - | €4,198 | - |
| Furniture and vehicles24 | - | €746 | €1,284 | €2,850 | €6,242 | ▲ 119% |
| Other tangible fixed assets26 | - | €29,094 | €40,939 | €14,055 | €10,001 | ▼ 28.8% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €143,958 | €177,243 | €243,308 | €338,925 | €594,127 | ▲ 75.3% |
| Stocks and contracts in progress3 | €68,700 | €84,000 | €104,200 | €154,250 | €212,815 | ▲ 38.0% |
| Stocks30/36 | - | €84,000 | €104,200 | €154,250 | €212,815 | ▲ 38.0% |
| Amounts receivable within one year40/41 | €63,495 | €82,887 | €121,635 | €166,343 | €331,837 | ▲ 99.5% |
| Trade receivables40 | - | €77,527 | €115,406 | €99,266 | €129,449 | ▲ 30.4% |
| Other amounts receivable41 | - | €5,360 | €6,229 | €67,077 | €202,388 | ▲ 202% |
| Current investments50/53 | - | €6,975 | €6,975 | €6,975 | €6,975 | = |
| Cash at bank and in hand54/58 | €11,763 | €3,381 | €4,828 | €8,728 | €39,441 | ▲ 352% |
| Deferred charges and accrued income490/1 | - | - | €5,671 | €2,630 | €3,059 | ▲ 16.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €157,444 | €207,083 | €285,531 | €355,829 | €614,569 | ▲ 72.7% |
| Equity10/15 | €77,389 | €95,132 | €111,990 | €182,621 | €361,180 | ▲ 97.8% |
| Contributions10/11 | - | €7,936 | €7,936 | €9,796 | €9,796 | = |
| Reserves13 | €28,850 | €28,850 | €28,850 | €172,825 | €351,384 | ▲ 103% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €26,990 | €26,990 | €172,825 | €351,384 | ▲ 103% |
| Profit (loss) carried forward14 | €40,604 | €58,347 | €75,204 | - | - | - |
| Amounts payable17/49 | €80,055 | €111,951 | €173,541 | €173,208 | €253,389 | ▲ 46.3% |
| Amounts payable after more than one year17 | - | - | €30,000 | €15,906 | €4,159 | ▼ 73.9% |
| Financial debts170/4 | - | - | €30,000 | €15,906 | €4,159 | ▼ 73.9% |
| Amounts payable within one year42/48 | €80,055 | €111,951 | €143,541 | €155,697 | €249,230 | ▲ 60.1% |
| Current portion of amounts payable after more than one year42 | - | €8,262 | €764 | €7,260 | €7,949 | ▲ 9.5% |
| Financial debts43 | - | - | - | - | €7,684 | - |
| Credit institutions430/8 | - | - | - | - | €7,684 | - |
| Trade debts44 | €25,751 | €81,887 | €93,548 | €114,236 | €159,537 | ▲ 39.7% |
| Suppliers440/4 | - | €81,887 | €93,548 | €114,236 | €159,537 | ▲ 39.7% |
| Advances received on contracts in progress46 | - | €2,344 | €2,344 | - | - | - |
| Taxes, remuneration and social security45 | - | €19,096 | €45,690 | €34,201 | €74,059 | ▲ 117% |
| Taxes450/3 | - | €14,554 | €42,721 | €24,261 | €57,252 | ▲ 136% |
| Remuneration and social security454/9 | - | €4,542 | €2,969 | €9,940 | €16,807 | ▲ 69.1% |
| Other amounts payable47/48 | - | €361 | €1,195 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,605 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,604 | €17,743 | €76,857 | €70,631 | €178,559 | ▲ 153% |
| + Depreciation and write-downs630 | €3,000 | €6,552 | €7,709 | €3,924 | €7,180 | ▲ 83.0% |
| Operating cash flow (approximation) | €58,604 | €24,295 | €84,567 | €74,555 | €185,738 | ▲ 149% |
| Investment in fixed assets (approximation) | - | -€22,906 | -€20,092 | €21,394 | -€10,717 | ▼ 150% |
| Change in cash | - | -€8,382 | €1,447 | €3,900 | €30,714 | ▲ 688% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €178,559 ▲153%
Operating result €298,267, net result €178,559, both a record.
31-12
Financial
Equity above €200,000Eq €361,180 ▲97.8%
7 profitable years in a row build equity to €361,180.
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
30-06
Financial
Equity above €150,000Eq €182,621 ▲63.1%
6 profitable years in a row build equity to €182,621.
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-06
Financial
Equity above €100,000Eq €111,990 ▲17.7%
5 profitable years in a row build equity to €111,990.
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Wemmel · 1 establishment unit since 2011
Ground area
6,898 m²
Building footprint
2,807 m²
Volume, LiDAR
24,721 m³
2 parcels, Flanders, Wallonia · tallest building 16.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TOTAL SECURITY SYSTEMS
since 20112.198.401.268
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0652/00H000 | Flanders | 6,011 m² | 1 · 2,628 m² | 16.2 m · 3 fl. |
| 25109E0193/00D003 | Wallonia | 887 m² | 1 · 178 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 11,571 companies in sector 71121 we hold annual accounts for 6,563. 4,737 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.