ACTIVE

SECURITE 1902

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Financial year 2024 · closed on 31/12/2024

Net result

34,1 k €

-0.7% YoY

Gross margin

48,4 k €

-16.3% YoY

Equity

381,2 k €

+9.8% YoY

What does SECURITE 1902 do?

SECURITE 1902 is a Public limited company incorporated in 1974. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Saint-Ghislain.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.628.478

Incorporation

23/10/1974

Legal form

Public limited company

Registered office

Rue de la Rivièrette(T) 42
7333 Saint-Ghislain · WallonieSee on map

Contributed capital

61 975,86 €

Latest accounts

31/12/2024

Activities (NACE)

66220Activities of insurance agents and brokers· main

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	48,4 k €	-16.3%	57,7 k €	+1.2%	57,1 k €	-2.5%	58,5 k €	-1.2%	59,2 k €	-31.3%	86,2 k €	+221%	26,8 k €	+15.2%	23,3 k €	-41.0%	39,4 k €	+21.5%	32,4 k €	+7.9%	30,1 k €	+40.4%	21,4 k €	-49.4%	42,3 k €	+33.7%	31,6 k €	-15.1%	37,2 k €	-14.6%	43,6 k €	-14.9%	51,2 k €	+27.5%	40,2 k €	-42.0%	69,3 k €
EBITDA	46,9 k €	-16.7%	56,4 k €	+0.8%	55,9 k €	-2.6%	57,4 k €	-1.2%	58,1 k €	-31.6%	84,8 k €	+238%	25,1 k €	+14.8%	21,9 k €	-42.7%	38,2 k €	+23.2%	31 k €	+12.4%	27,5 k €	+35.4%	20,3 k €	-48.5%	39,5 k €	+38.4%	28,6 k €	-14.5%	33,4 k €	-19.2%	41,3 k €	-13.1%	47,6 k €	+43.6%	33,1 k €	-50.5%	67 k €
Operating result	44,2 k €	-17.5%	53,6 k €	+0.1%	53,5 k €	-1.5%	54,4 k €	+7.6%	50,5 k €	-34.5%	77,2 k €	+751%	9,1 k €	+65.3%	5,5 k €	-75.0%	22 k €	+9.3%	20,1 k €	+79.3%	11,2 k €	+3216%	337,9 €	-97.4%	12,9 k €	+947%	1,2 k €	+132%	-3,9 k €	-185%	4,6 k €	-61.4%	12 k €	+82.6%	6,5 k €	-74.3%	25,4 k €
Net result	34,1 k €	-0.7%	34,3 k €	+0.8%	34 k €	-1.9%	34,7 k €	+8.1%	32,1 k €	-38.9%	52,5 k €	+971%	4,9 k €	+198%	1,6 k €	-87.6%	13,3 k €	+1.0%	13,2 k €	-4.0%	13,7 k €	+658%	-2,5 k €	-133%	7,3 k €	+718%	-1,2 k €	-55.3%	-764,5 €	-137%	2,1 k €	-72.6%	7,6 k €	-72.3%	27,4 k €	+77.4%	15,5 k €
Balance sheet
Equity	381,2 k €	+9.8%	347,2 k €	+11.0%	312,9 k €	+12.2%	278,8 k €	+9.5%	254,8 k €	+14.5%	222,5 k €	+25.0%	178 k €	+2.8%	173,1 k €	+1.0%	171,4 k €	+8.4%	158,1 k €	+9.1%	145 k €	+10.4%	131,3 k €	-1.8%	133,8 k €	+5.8%	126,4 k €	-0.9%	127,6 k €	-0.6%	128,4 k €	+1.7%	126,3 k €	+6.4%	118,7 k €	+30.1%	91,2 k €
Total assets	424,1 k €	+15.5%	367,1 k €	+5.2%	349 k €	+12.8%	309,4 k €	+4.8%	295,2 k €	+16.8%	252,7 k €	+24.6%	202,8 k €	-1.2%	205,2 k €	-5.8%	217,8 k €	+11.3%	195,8 k €	+4.4%	187,5 k €	+6.6%	176 k €	-4.0%	183,3 k €	+42.0%	129,1 k €	-3.3%	133,5 k €	-8.8%	146,3 k €	-4.1%	152,6 k €	-25.5%	204,9 k €	+44.2%	142,1 k €
Cash	351,5 k €	+19.6%	293,9 k €	+3.3%	284,7 k €	+17.5%	242,3 k €	+7.0%	226,5 k €	+34.0%	169,1 k €	+42.8%	118,4 k €	+14.0%	103,9 k €	+2.9%	101 k €	+7.0%	94,4 k €	+18.4%	79,7 k €	-19.1%	98,6 k €	+18.8%	83 k €	+34.1%	61,8 k €	+51.4%	40,8 k €	+4.1%	39,2 k €	+18.7%	33 k €	-30.1%	47,3 k €	-0.4%	47,5 k €
Debts	42,8 k €	+115%	19,9 k €	-44.9%	36,2 k €	+18.5%	30,5 k €	-24.6%	40,5 k €	+33.9%	30,2 k €	+21.7%	24,9 k €	-22.6%	32,1 k €	-30.7%	46,4 k €	+23.3%	37,6 k €	-11.6%	42,5 k €	-4.7%	44,7 k €	-9.9%	49,6 k €	+3120%	1,5 k €	-57.4%	3,6 k €	-75.1%	14,5 k €	-33.1%	21,7 k €	-73.0%	80,5 k €	+58.5%	50,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

CHRISTIAN VERBRUGGE

Director

Active

MARGARET ABRASSART

Director

Active

Ended mandates

CHRISTIAN VERBRUGGE

Director · since 06 octobre 2018 · until 06 octobre 2024

Ended

MARGARETH ABRASSART

Director · since 06 octobre 2018 · until 06 octobre 2024

Ended

BRUNO MENIER

Director · since 01 décembre 2014 · until 01 septembre 2019

Ended

BRUNO MENIER

Director · since 01 décembre 2014 · until 01 décembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
Union Saint-Ghislain Tertre Hautrage● Active	0897.114.594

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2025	30/08/2024	01/09/2023	26/08/2022	01/09/2021	13/09/2020
General meeting	04/06/2025	05/06/2024	30/06/2023	30/06/2022	30/06/2021	12/08/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	04/06/2025	31/08/2025	French	PDF
Micro model	31/12/2023	05/06/2024	30/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	01/09/2023	French	PDF
Micro model	31/12/2021	30/06/2022	26/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	01/09/2021	French	PDF
Micro model	31/12/2019	12/08/2020	13/09/2020	French	PDF
Micro model	31/12/2018	19/06/2019	14/07/2019	French	PDF
Micro model	31/12/2017	06/06/2018	03/07/2018	French	PDF
Micro model	31/12/2016	21/06/2017	18/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	09/09/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	05/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	01/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	26/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	31/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

CHRISTIAN VERBRUGGE

Director

Active

MARGARET ABRASSART

Director

Active

Ended mandates

CHRISTIAN VERBRUGGE

Director · since 06 octobre 2018 · until 06 octobre 2024

Ended

MARGARETH ABRASSART

Director · since 06 octobre 2018 · until 06 octobre 2024

Ended

BRUNO MENIER

Director · since 01 décembre 2014 · until 01 septembre 2019

Ended

BRUNO MENIER

Director · since 01 décembre 2014 · until 01 décembre 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/09/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates24/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates22/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates26/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates30/03/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates16/10/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates11/04/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202434,1 k €↓
2023
Annual accounts 202334,3 k €↑
2022
Annual accounts 202234 k €↓
2021
Annual accounts 202134,7 k €↑
2020
Annual accounts 202032,1 k €↓
2019
Annual accounts 201952,5 k €↑
2018
Annual accounts 20184,9 k €↑
2017
Annual accounts 20171,6 k €↓
2016
Annual accounts 201613,3 k €↑
2015
Annual accounts 201513,2 k €↓
2014
Annual accounts 201413,7 k €↑
2013
Annual accounts 2013-2,5 k €↓
2012
Annual accounts 20127,3 k €↑
2011
Annual accounts 2011-1,2 k €↓
2010
Annual accounts 2010-764,5 €↓
2009
Annual accounts 20092,1 k €↓
2008
Annual accounts 20087,6 k €↓
2007
Annual accounts 200727,4 k €↑
2006
Annual accounts 200615,5 k €
23/10/1974
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SECURITE 1902

Overview

What does SECURITE 1902 do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline