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SKE SECURITY

Active Private limited companyfounded 2021active for 5 yearsPopperodedries 103, 9300 AalstKBO/BCE: BE 0769.270.277

Lifetime

4 annual accounts with figures on one time axis
peak €8,259 (2025)
€8,259▲ €8,959
lowest -€6,429 (2022)
€7,145▲ €9,202
peak €4,083 (2025)
€4,083▲ €7,145
€75,972▲ 465%
Board3 names since 2021
2 directorsSKE Projects and 1 other
Documentsfilings and deeds
23-03-2026130 days before the deadline
2025micro format
Gross margin from -€700 to €8,259Back to profit: €7,145Equity from -€3,062 to €4,083Debts from €13,442 to €75,972

Key points

from the 2025 annual accounts

Debts

€75,972 95% of the balance sheet

Liquidity

1.04 was 0.53 in 2024

Short-term debts rose from €13,442 to €75,972.

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober2022202320242025

The 2022 accounts came latest: 207 days after the end of the period.

Checked score

50
Fair
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.0% 01-2025: 4.0%● unchanged vs 12-2024 02-2025: 3.7%▼ -0.3 percentage points vs 01-2025 03-2025: 3.7%● unchanged vs 02-2025 04-2025: 3.8%▲ +0.1 percentage points vs 03-2025 05-2025: 3.8%● unchanged vs 04-2025 06-2025: 3.8%● unchanged vs 05-2025 07-2025: 3.8%● unchanged vs 06-2025 08-2025: 4.4%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 1.6%▼ -2.8 percentage points vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025lowest value 02-2026: 1.6%● unchanged vs 01-2026lowest value 03-2026: 2.5%▲ +0.9 percentage points vs 02-2026 04-2026: 3.8%▲ +1.3 percentage points vs 03-2026 05-2026: 3.7%▼ -0.1 percentage points vs 04-2026 06-2026: 3.6%▼ -0.1 percentage points vs 05-2026 07-2026: 3.6%● unchanged vs 06-2026 08-2026: 3.7%▲ +0.1 percentage points vs 07-2026 09-2026: 3.5%▼ -0.2 percentage points vs 08-2026 10-2026: 3.5%● unchanged vs 09-2026 11-2026: 3.5%● unchanged vs 10-2026

Financial strength
Weak

30+30equity 5.1% of total assets
2-19short-term debt 94.9% · cash 1.9%
80+80return on assets 8.9%

Score breakdown

raises risk
Founded in 2021
1 change of registered office in 24 months
1 of the last 3 accounts late
lowers risk
Figures for financial year 2025 (filed on 23-03-2026)
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 46, micro). It does better than 20% of them on solvency, 5% on liquidity, 72% on profitability and 97% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as SKE SECURITY has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of SKE SECURITY itself is higher: 3.5% within 12 months. It rests on far more data about SKE SECURITY than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,153 companies, not a prediction for SKE SECURITY. 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.

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 23-03-2026)
NBB · annual accounts
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 23-03-2026, 130 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
130 days early
2024
29 days late
2023
68 days late
2022
207 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 4 accounts on average 44 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 September (3 of the last 4 accounts filed within 158 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KK
Director, since 01-07-2025
  • Borreman Jürgen Yvonne Albert founderdeed of 04-06-2021
  • SKE Projects founderdeed of 04-06-2021
Board & ownership

Recent changes

Company renamed from Watts DIY to SKE SECURITY “Kortom zij mag alles doen wat verband houdt met bovengenoemd voorwerp of dat van aard is de verwezenlijking…” (deed in Dutch) · Gazette deed
Registered office moved within Aalst New registered office: Popperodedries 103, 9300 Aalst · Previous registered office: Geraardsbergsestraat 29, 9300 Aalst, België · Change of role: Kindermans Kjell, from director to sole director · General meeting of 01-07-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0769270277
Incorporation Founding capital of €6,000, 100 shares · Founders: SKE Projects and Borreman Jürgen Yvonne Albert · Appointments: Borreman Jürgen Yvonne Albert (director) and SKE Projects (director) · published on 04-06-2021 · Gazette deed
All 10 events

Official details

Source: KBO
Status
Active since 02-06-2021Normal situation
Activity
Repair and maintenance of electrical equipmentNACE 33140and 10 others
Establishment unit
2.318.064.4289300 Aalst, since 02-06-2021
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

≈ €63,000estimated
€80,055▲ 671%
Filing
Filed on 23-03-2026, 130 days before the end of the filing period
Financials

Insights on SKE SECURITY

SKE SECURITY files the micro format. That format states no turnover. The gross margin rose from -€5,193 in 2022 to €8,259 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SKE SECURITY

What is the company number of SKE SECURITY?
The company number of SKE SECURITY is 0769.270.277. The VAT number is the same number with BE in front: BE 0769.270.277.
Where is SKE SECURITY based?
The registered office is at Popperodedries 103, 9300 Aalst.Company details
What is the legal form of SKE SECURITY?
SKE SECURITY is a private limited company (BV).
When was SKE SECURITY founded?
SKE SECURITY was founded on 02-06-2021.
Is SKE SECURITY still active?
Yes, SKE SECURITY is an active enterprise in the KBO register.
What is the turnover of SKE SECURITY?
The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €8,259 and 6,299 comparable companies of the same size. It probably lies between €29,000 and €150,000. It is a rough estimate.Financials
Is SKE SECURITY profitable?
In financial year 2025, SKE SECURITY made a profit of €7,145.
Where can I find the annual accounts of SKE SECURITY?
SKE SECURITY filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SKE SECURITY due?
SKE SECURITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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