ACTIVE

MODERN SECURITY

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Financial year 2024 · closed on 31/12/2024

Net result

12,5 k €

-76.8% YoY

Gross margin

335,1 k €

-10.6% YoY

Equity

228,9 k €

+5.8% YoY

What does MODERN SECURITY do?

MODERN SECURITY is a Private limited company incorporated in 1991. Its registered office is in Comines-Warneton.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.502.795

Incorporation

26/06/1991

Legal form

Private limited company

Registered office

Route de Flandre(COM) 100
7780 Comines-Warneton · WallonieSee on map

Contributed capital

32 000,00 €

Latest accounts

31/12/2024

Joint committees (2)

14901
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	335,1 k €	-10.6%	374,8 k €	+62.6%	230,5 k €	-26.5%	313,5 k €	-2.1%	320,1 k €	+21.3%	263,9 k €	-21.2%	334,9 k €	-10.1%	372,4 k €	+48.7%	250,5 k €	-24.8%	333,2 k €	-39.5%	550,3 k €	+63.1%	337,3 k €	-15.0%	396,9 k €	+18.1%	336,1 k €	-14.7%	393,8 k €	+15.0%	342,4 k €	-12.7%	392 k €	+24.7%	314,4 k €	+17.6%	267,3 k €
EBITDA	39,6 k €	-60.2%	99,6 k €	+119%	45,5 k €	-30.1%	65,1 k €	-14.6%	76,1 k €	+583%	-15,8 k €	-185%	18,5 k €	-20.0%	23,1 k €	+40.9%	16,4 k €	-47.2%	31,1 k €	-89.4%	294,5 k €	+101%	146,4 k €	-8.1%	159,3 k €	+33.0%	119,7 k €	-0.6%	120,4 k €	+105%	58,6 k €	-52.6%	123,6 k €	+25.5%	98,5 k €	+14.3%	86,1 k €
Operating result	24,9 k €	-70.0%	82,9 k €	+147%	33,5 k €	-41.2%	57 k €	-7.6%	61,7 k €	+396%	-20,9 k €	-897%	2,6 k €	-65.0%	7,5 k €	+331%	-3,2 k €	-132%	10,1 k €	-96.2%	264 k €	+199%	88,4 k €	+16.7%	75,8 k €	+146%	30,8 k €	-6.4%	32,9 k €	+475%	5,7 k €	-88.3%	49 k €	+37.7%	35,6 k €	+11.3%	32 k €
Net result	12,5 k €	-76.8%	54 k €	+110%	25,8 k €	-42.3%	44,7 k €	-10.1%	49,7 k €	+302%	-24,6 k €	-170%	-9,1 k €	-1560%	-549,7 €	+94.5%	-10 k €	-1218%	897,9 €	-99.5%	168,2 k €	+252%	47,8 k €	+38.6%	34,5 k €	+693%	4,3 k €	+4499%	94,4 €	+101%	-18,3 k €	-284%	9,9 k €	-0.6%	10 k €	-39.0%	16,4 k €
Balance sheet
Equity	228,9 k €	+5.8%	216,4 k €	+33.2%	162,4 k €	+18.9%	136,7 k €	+16.8%	117 k €	+73.9%	67,3 k €	-26.8%	91,9 k €	-9.0%	101 k €	-0.5%	101,6 k €	-9.0%	111,6 k €	+0.8%	110,7 k €	+158%	42,8 k €	-5.0%	45,1 k €	+11.0%	40,6 k €	-40.9%	68,8 k €	+0.1%	68,7 k €	-34.6%	105 k €	+10.5%	95 k €	+11.8%	85 k €
Total assets	590,3 k €	+22.7%	480,9 k €	+10.9%	433,5 k €	+31.9%	328,7 k €	+4.9%	313,3 k €	-16.2%	373,9 k €	+13.0%	330,8 k €	-18.0%	403,6 k €	+39.6%	289,2 k €	-7.1%	311,2 k €	-34.9%	478,3 k €	+26.1%	379,4 k €	-18.5%	465,5 k €	-8.2%	507,3 k €	-9.1%	558,3 k €	+7.8%	517,8 k €	-17.2%	625,2 k €	+7.1%	583,9 k €	+17.9%	495,4 k €
Cash	26,5 k €	-65.7%	77,4 k €	+0.7%	76,8 k €	-3.3%	79,5 k €	+157%	30,9 k €	+69.8%	18,2 k €	+125%	8,1 k €	-55.8%	18,3 k €	+157%	7,1 k €	-63.5%	19,5 k €	-85.5%	134,5 k €	+319%	32,1 k €	+95.9%	16,4 k €	+448%	3 k €	-58.9%	7,3 k €	-61.2%	18,7 k €	-45.7%	34,5 k €	+4.8%	32,9 k €	+46.6%	22,4 k €
Debts	316,1 k €	+47.6%	214,3 k €	-6.6%	229,3 k €	+46.6%	156,4 k €	-9.4%	172,7 k €	-43.7%	306,6 k €	+28.3%	238,9 k €	+13.8%	209,9 k €	+16.3%	180,5 k €	-9.3%	199 k €	-40.9%	336,7 k €	+5.1%	320,3 k €	-23.8%	420,5 k €	-7.8%	455,9 k €	-6.8%	489,3 k €	+9.0%	448,9 k €	-11.7%	508,3 k €	+7.0%	474,9 k €	+16.1%	409,2 k €
Other
Workforce	–		–		–		3,9 ETP	-4.9%	4,1 ETP	-2.4%	4,2 ETP	-14.3%	4,9 ETP	-25.8%	6,6 ETP	+17.9%	5,6 ETP	+7.7%	5,2 ETP	+13.0%	4,6 ETP	+31.4%	3,5 ETP	-38.6%	5,7 ETP	+11.8%	5,1 ETP	+4.1%	4,9 ETP	-16.9%	5,9 ETP	-3.3%	6,1 ETP	+10.9%	5,5 ETP	+41.0%	3,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

DERVAN SECURITY

Director · 0567.788.807

Represented by Dhr. DERAEDT PIETER

Active

Ended mandates

Bart Lecompte

Manager

Ended

DERVAN SECURITY

Mandate · 0567.788.807

Represented by Pieter Deraedt

Ended

Jean-Pierre Lecompte

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged 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	30/09/2025	28/10/2024	02/11/2023	16/10/2022	26/01/2022	18/09/2020
General meeting	04/06/2025	05/06/2024	02/06/2023	01/06/2022	02/06/2021	03/06/2020
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	30/09/2025	Dutch	PDF
Micro model	31/12/2023	05/06/2024	28/10/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	02/11/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	16/10/2022	French	PDF
Abridged model	31/12/2020	02/06/2021	26/01/2022	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	18/09/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	20/08/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	06/07/2018	French	PDF
Abridged model	31/12/2016	07/06/2017	19/07/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	11/07/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	01/07/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	05/06/2013	18/07/2013	French	PDF
Abridged model	31/12/2011	06/06/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 active · 3 ended

Active mandates

DERVAN SECURITY

Director · 0567.788.807

Represented by Dhr. DERAEDT PIETER

Active

Ended mandates

Bart Lecompte

Manager

Ended

DERVAN SECURITY

Mandate · 0567.788.807

Represented by Pieter Deraedt

Ended

Jean-Pierre Lecompte

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates23/01/2013
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office04/12/2012
MAATSCHAPPELIJKE ZETEL
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 202412,5 k €↓
2023
Annual accounts 202354 k €↑
2022
Annual accounts 202225,8 k €↓
2021
Annual accounts 202144,7 k €↓
2020
Annual accounts 202049,7 k €↑
2019
Annual accounts 2019-24,6 k €↓
2018
Annual accounts 2018-9,1 k €↓
2017
Annual accounts 2017-549,7 €↑
2016
Annual accounts 2016-10 k €↓
2015
Annual accounts 2015897,9 €↓
2014
Annual accounts 2014168,2 k €↑
2013
Annual accounts 201347,8 k €↑
2012
Annual accounts 201234,5 k €↑
2011
Annual accounts 20114,3 k €↑
2010
Annual accounts 201094,4 €↑
2009
Annual accounts 2009-18,3 k €↓
2008
Annual accounts 20089,9 k €↓
2007
Annual accounts 200710 k €↓
2006
Annual accounts 200616,4 k €
26/06/1991
IncorporationPrivate 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

MODERN SECURITY

Overview

What does MODERN SECURITY do?

Trend over 19 financial years

Indicative valuation

Board of directors

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