TOTAL SECURITY SYSTEMS
ActiveSummary
TOTAL SECURITY SYSTEMS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361,180 and a net result of €178,559. Equity has been growing by about 39% per year since 2019. Its solvency ranks better than 55% of 11,775 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-04-2011 Normal situation
- Registered office
- 12 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.198.401.268 1457 Walhain, since 15-04-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €416,129
- Turnover
- ≈ €1.1m
- estimated
- Profit
- €178,559
- Equity
- €361,180
- Total assets
- €614,569
- Employees on 31-12-2025
- 1
Score breakdownraises risk1 change of registered office in 24 months1 of the last 3 accounts latelowers riskSize: total assets €614,569Figures for financial year 2025 (filed on 15-07-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 56% of them on solvency, 19% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 14 filings
Every figure per financial year
The operating result for 2025 is 183% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
- 2025 Net result +153% on 2024. This financial year ran 18 months, the previous one 12.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 0.8 | 0.8 |
| On a permanent contract | 1 | 1 |
| Joined | - | 1 |
| Left | - | 1 |
| Training hours | - | 2 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €22,906 | €20,092 | €3,859 | €10,717 |
| Depreciation and write-downs of the year | €6,552 | €7,709 | €3,924 | €7,180 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 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 | €3,704 | €3,583 | €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 | €82,983 | €111,412 | €71,770 | €56,783 | €150,329 | €192,148 | €416,129 | ▲ 117% |
| Operating profit (loss)9901 | €15,760 | €35,059 | €70,375 | €38,010 | €110,162 | €105,235 | €298,267 | ▲ 183% |
| Financial income75/76B | - | - | - | €681 | €45 | €242 | €20 | ▼ 91.7% |
| Recurring financial income75 | €141 | €126 | €1,301 | €681 | €45 | €242 | €20 | ▼ 91.7% |
| Financial charges65/66B | - | - | - | €3,115 | €6,284 | €7,976 | €27,151 | ▲ 240% |
| Recurring financial charges65 | €3,557 | €2,920 | €1,946 | €3,115 | €6,284 | €7,976 | €27,151 | ▲ 240% |
| Profit (loss) for the period before taxes9903 | €12,343 | €32,266 | €69,730 | €35,576 | €103,923 | €97,500 | €271,135 | ▲ 178% |
| Income taxes67/77 | €7,125 | €9,294 | €14,127 | €17,833 | €27,066 | €26,869 | €92,577 | ▲ 245% |
| Profit (loss) for the period9904 | €5,219 | €22,972 | €55,604 | €17,743 | €76,857 | €70,631 | €178,559 | ▲ 153% |
| Profit (loss) for the period to be appropriated9905 | €5,219 | €22,972 | €55,604 | €17,743 | €76,857 | €70,631 | €178,559 | ▲ 153% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €170,954 | €141,960 | €157,444 | €207,083 | €285,531 | €355,829 | €614,569 | ▲ 72.7% |
| Fixed assets21/28 | €17,860 | €14,642 | €13,486 | €29,841 | €42,223 | €16,905 | €20,442 | ▲ 20.9% |
| Intangible fixed assets21 | - | - | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €17,860 | €14,642 | €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 | €153,094 | €127,318 | €143,958 | €177,243 | €243,308 | €338,925 | €594,127 | ▲ 75.3% |
| Stocks and contracts in progress3 | €73,691 | €61,270 | €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 | €67,550 | €58,600 | €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 | €11,852 | €7,448 | €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 | €170,954 | €141,960 | €157,444 | €207,083 | €285,531 | €355,829 | €614,569 | ▲ 72.7% |
| Equity10/15 | €56,314 | €36,786 | €77,389 | €95,132 | €111,990 | €182,621 | €361,180 | ▲ 97.8% |
| Contributions10/11 | €7,936 | €7,936 | - | €7,936 | €7,936 | €9,796 | €9,796 | = |
| Reserves13 | €48,378 | €1,860 | €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 | - | €26,990 | €40,604 | €58,347 | €75,204 | - | - | - |
| Amounts payable17/49 | €114,640 | €105,174 | €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 | €114,640 | €105,174 | €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 | €40,801 | €33,400 | €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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,219 | €22,972 | €55,604 | €17,743 | €76,857 | €70,631 | €178,559 | ▲ 153% |
| + Depreciation and write-downs630 | €3,704 | €3,583 | €3,000 | €6,552 | €7,709 | €3,924 | €7,180 | ▲ 83.0% |
| Operating cash flow (approximation) | €8,923 | €26,555 | €58,604 | €24,295 | €84,567 | €74,555 | €185,738 | ▲ 149% |
| Investment in fixed assets (approximation) | - | -€365 | -€1,845 | -€22,906 | -€20,092 | €21,394 | -€10,717 | - |
| Change in cash | - | -€4,404 | €4,314 | -€8,382 | €1,447 | €3,900 | €30,714 | ▲ 688% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as TOTAL SECURITY SYSTEMS has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of TOTAL SECURITY SYSTEMS itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for TOTAL SECURITY SYSTEMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00294057 | |
| 30-06-2024 | micro format | 04-03-2025 | 2025-00042888 | |
| 30-06-2023 | micro format | 20-02-2024 | 2024-00033295 | |
| 30-06-2022 | micro format | 06-01-2023 | 2023-20557917 | |
| 30-06-2021 | micro format | 23-02-2022 | 2022-06700279 | |
| 30-06-2020 | micro format | 01-02-2021 | 2021-04600354 | |
| 30-06-2019 | micro format | 15-01-2020 | 2020-01600256 | |
| 30-06-2018 | micro format | 11-02-2019 | 2019-04900225 | |
| 30-06-2017 | micro format | 12-12-2017 | 2017-71600469 | |
| 30-06-2016 | full format | 26-01-2017 | 2017-02300390 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-06-2025 Capital stated in the deed · 100 shares
- 28-12-2023 Converted to unavailable equity · €9,796
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering, 1”“Algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure-en expertisekosten voor helft ten laste van overdrager en helft ten laste van koper(s),naar evenredigheid van verworven aantal bij…”
Articles of association, deed of 13-06-2025 (in Dutch)
Network & group
TOTAL SECURITY SYSTEMS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of TOTAL SECURITY SYSTEMS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-06
Gazette deed
Amendment of the articlesCapital3 points ▸
- General meeting, “buitengewone algemene vergadering van de besloten vennootschap TOTAL SECURITY SYSTEMS” (deed in Dutch)
- Amendment of the articles
- Capital
26-05
Gazette deed
Registered office moved from Walhain to WemmelNew seat: 1780 Wemmel, Kaasmarkt 7 · Previous seat: 1457 Walhain, Allée des Jonquilles 2 · Amendment of the articles5 points ▸
- General meeting, 08-05-2025
- Registered-office move, 1780 Wemmel,Kaasmarkt 7
- Amendment of the articles, mentioned 2 times in the deed
- Registered office clause, “1780 Wemmel,Kaasmarkt 77” (deed in French)
- Other provision, “prolongation de l'exercice financier actuel”, 31-12-2025 (deed in French)
28-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousLegal-form conversion · Capital conversion · Reserve release12 points ▸
- General meeting, 20-12-2023
- Other provision, “unanimité, soumission au Code des sociétés et des associations” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Other provision, “unanimité, dispense de libération du solde non libéré du capital souscrit” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “unanimité, rendre disponible pour distribution” (deed in French)
- Amendment of the articles
- Capital
- General meeting, “unanimité des voix, adoption statuts nouveaux” (deed in French)
- Registered office clause, “unanimité des voix, maintien adresse du siège” (deed in French)
- Other provision, “unanimité des voix, changement d'appellation de gérant en administrateur” (deed in French)
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 1457 Walhain until the act of 26-05-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- De groot-of kleinhandel,de aankoop,de verkoop,de distributie,de invoer,de uitvoer,de installatie,het onderhoud,de herstelling,de pechverhelping,de opleiding en het onderhoud van toegangscontrole-,antidiefstal-,anti-inbraak-,brand-en camerabewakingssystemen,van elektrische en elektronische automatiseringsbekabeling en van alle computer-en elektronische controle-en beheerssystemen voor kleinhandelaars,alle diensten met betrekking tot moderne telecommunicatie,alleen of in combinatie met videobewakings-,toegangscontrole-en procescontrolesystemen,evenals de bijbehorende randapparatuur
- Industrieel projectontwerp,van concept tot precisietekening.Het kan ook betrokken zijn bij meetcontrole,industrieel onderhoud,toezicht op de bouwplaats en site monitoring,technisch advies en de inzet en supervisie van technici
- De oprichting en het beheer van onroerende goederen en de verhuur van onroerende goederen aan derden,de verwerving door aankoop of anderszins,de verkoop,de ruil,de bouw,de verbouwing,de verbetering,de inrichting,de verfraaiing,het onderhoud,de verhuur,de verkaveling,prospectie en exploitatie van onroerende goederen,evenals alle verrichtingen die rechtstreeks of onrechtstreeks met dit voorwerp verband houden en die de groei en de ontwikkeling van onroerende goederen kunnen bevorderen,alsook het zich borg stellen voor de goede uitvoering van verbintenissen aangegaan door derden die over deze onroerende goederen kunnen beschikken
- Alle activiteiten op het gebied van public relations en klantenprospectie
- Alle commerciële,industriële,financiële,effecten-of vastgoedtransacties die rechtstreeks of onrechtstreeks verband houden met haar maatschappelijk voorwerp of die de verwezenlijking ervan,rechtstreeks of onrechtstreeks,geheel of gedeeltelijk kunnen vergemakkelijken
- Door inbreng,inschrijving,fusie of op elke andere wijze belangen nemen in alle vennootschappen,verenigingen of ondernemingen die een gelijkaardig of verwant doel hebben als het hare of die de ontwikkeling van haar activiteiten kunnen bevorderen of die een economische band met de hare hebben
- Optreden als bestuurder of vereffenaar van andere vennootschappen
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0835.569.876
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Licences in the Official Gazette
2 publicationsSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25109E0193/00D003 | Wallonia | 887 m² | 1 · 178 m² | 6.7 m · 2 |