ACTIVE

BELGIUM SECURITY SYSTEMS

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Financial year 2025 · closed on 31/03/2025
Net result
292,3 k €
-6.1% YoY
Gross margin
331,3 k €
-9.6% YoY
Equity
355,6 k €
+35.1% YoY
Workforce
0,0 ETP

What does BELGIUM SECURITY SYSTEMS do?

BELGIUM SECURITY SYSTEMS is a Private limited company incorporated in 1989. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in Vilvoorde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0436.976.486
Incorporation
10/03/1989
Legal form
Private limited company
Registered office
Strombeeksesteenweg 224
1800 Vilvoorde · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Average workforce
0,0 ETP
Activities (NACE)
47789Other retail sale of new goods in specialised stores· main47789Other retail sale of new goods in specialised stores52498Warehousing and support activities for transportation
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022201920182017201620152014201220112010200920082007
Income statement
Gross margin331,3 k €366,5 k €344,7 k €314,3 k €132,1 k €125,2 k €85 k €49,5 k €41,3 k €14,4 k €20,5 k €19 k €27,3 k €39,5 k €58,5 k €15,4 k €
EBITDA330,6 k €365,8 k €344,1 k €313,6 k €131,4 k €124,4 k €84,5 k €48,9 k €40,7 k €12,7 k €19,6 k €17,6 k €26,2 k €37,4 k €55,7 k €13,5 k €
Operating result321,8 k €355,3 k €341,5 k €303 k €130,1 k €120,3 k €79,2 k €40,8 k €34,1 k €820,5 €10,2 k €7,2 k €10,6 k €25,9 k €36,6 k €-981,6 €
Net result292,3 k €311,3 k €303,4 k €267,1 k €119,8 k €116 k €74,7 k €36,5 k €30,1 k €6,8 k €4,9 k €3,5 k €3,6 k €13,6 k €22,8 k €963,5 €
Balance sheet
Equity355,6 k €263,3 k €151,9 k €398,5 k €93,4 k €78,6 k €72,5 k €67,8 k €63,3 k €58,2 k €51,5 k €46,6 k €45,4 k €44,2 k €31,1 k €15,9 k €
Total assets882,3 k €508,5 k €372,2 k €573,9 k €228,5 k €288,5 k €159,6 k €181,3 k €133,1 k €83,9 k €75,5 k €109 k €151,1 k €208,9 k €173,8 k €169,6 k €
Cash255,7 k €278,6 k €223,9 k €549,6 k €159,5 k €140,7 k €22,7 k €113,1 k €88,3 k €578,5 €19,8 k €50,9 k €3,6 k €19,2 k €62,4 k €396,6 €
Debts526,8 k €245,2 k €220,3 k €172,1 k €135,1 k €208,9 k €87,1 k €66,3 k €69,8 k €23,9 k €24 k €62,4 k €105,6 k €164,7 k €140,7 k €151,9 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–––––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 5 ended

Active mandates

EXPLODEP

Director · 0521.693.219

Represented by Johnny Van Overbeke

Active

Ended mandates

André Naessens

Manager · until 21 juin 2012

Ended
André Naessens

Manager

Ended
EXPLODEP

Manager · 0521.693.219

Represented by Johnny Van Overbeke

Ended
JULIE NAESSENS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
EXPLODEP● Active
0521.693.219
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/09/202503/10/202429/09/202328/09/202208/10/202105/10/2020
General meeting12/09/202530/09/202408/09/202309/09/202210/09/202111/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202512/09/202526/09/2025DutchPDF
Abridged model31/03/202430/09/202403/10/2024DutchPDF
Abridged model31/03/202308/09/202329/09/2023DutchPDF
Abridged model31/03/202209/09/202228/09/2022DutchPDF
Abridged model31/03/202110/09/202108/10/2021DutchPDF
Abridged model31/03/202011/09/202005/10/2020DutchPDF
Abridged model31/03/201913/09/201903/10/2019DutchPDF
Abridged model31/03/201814/09/201826/09/2018DutchPDF
Abridged model31/03/201708/09/201711/09/2017DutchPDF
Abridged model31/03/201609/09/201614/09/2016DutchPDF
Abridged model31/03/201511/09/201524/09/2015DutchPDF
Abridged model31/03/201412/09/201430/09/2014DutchPDF
Abridged model30/06/201214/12/201201/03/2013FrenchPDF
Abridged model30/06/201110/12/201121/12/2011FrenchPDF
Abridged model30/06/201011/12/201014/12/2010FrenchPDF
Abridged model30/06/200912/12/200916/12/2009FrenchPDF
Abridged model30/06/200813/12/200816/12/2008FrenchPDF
Abridged model30/06/200708/12/200702/01/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2025 · 1 active · 5 ended

Active mandates

EXPLODEP

Director · 0521.693.219

Represented by Johnny Van Overbeke

Active

Ended mandates

André Naessens

Manager · until 21 juin 2012

Ended
André Naessens

Manager

Ended
EXPLODEP

Manager · 0521.693.219

Represented by Johnny Van Overbeke

Ended
JULIE NAESSENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/05/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other21/05/2013
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/05/2013
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates28/08/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares08/02/2006
    ANNEE COMPTABLE - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares20/02/2004
    ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 2025
    Annual accounts 2025292,3 k €↓
  2. 2024
    Annual accounts 2024311,3 k €↑
  3. 2023
    Annual accounts 2023303,4 k €↑
  4. 2022
    Annual accounts 2022267,1 k €↑
  5. 2019
    Annual accounts 2019119,8 k €↑
  6. 2018
    Annual accounts 2018116 k €↑
  7. 2017
    Annual accounts 201774,7 k €↑
  8. 2016
    Annual accounts 201636,5 k €↑
  9. 2015
    Annual accounts 201530,1 k €↑
  10. 2014
    Annual accounts 20146,8 k €↑
  11. 2012
    Annual accounts 20124,9 k €↑
  12. 2011
    Annual accounts 20113,5 k €↓
  13. 2010
    Annual accounts 20103,6 k €↓
  14. 2009
    Annual accounts 200913,6 k €↓
  15. 2008
    Annual accounts 200822,8 k €↑
  16. 2007
    Annual accounts 2007963,5 €
  17. 10/03/1989
    IncorporationPrivate limited company