ACTIVE

WATCHGUARD SECURITY

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Financial year 2024 · closed on 31/12/2024

Net result

53,2 k €

+1165.9% YoY

Gross margin

2,2 M €

+23.1% YoY

Equity

482,5 k €

+12.4% YoY

Workforce

25,0 ETP

+16.8% YoY

What does WATCHGUARD SECURITY do?

WATCHGUARD SECURITY is a Public limited company incorporated in 1995. Its registered office is in Antwerpen. It employs on average 25,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.543.663

Incorporation

06/12/1995

Legal form

Public limited company

Registered office

Bredabaan 90
2170 Antwerpen · FlandreSee on map

Contributed capital

158 000,00 €

Latest accounts

31/12/2024

Average workforce

25,0 ETP

Joint committees (4)

149
14901
200
218

Contacts

4 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,2 M €	+23.1%	1,8 M €	-2.7%	1,8 M €	+6.7%	1,7 M €	+24.2%	1,4 M €	-13.0%	1,6 M €	+90.3%	826,5 k €	+18.8%	695,7 k €	-14.1%	810,2 k €	-3.4%	838,6 k €	+0.7%	832,4 k €	+1.6%	819,7 k €	+18.1%	694,2 k €	-4.6%	727,8 k €	-17.3%	880,5 k €	+17.5%	749,4 k €	+9.4%	685 k €
EBITDA	282,5 k €	+72.7%	163,6 k €	-56.3%	374,2 k €	+31.5%	284,5 k €	+418%	55 k €	-79.2%	264,8 k €	+149%	106,4 k €	+6.9%	99,5 k €	-29.2%	140,5 k €	+11.7%	125,7 k €	+15.2%	109,2 k €	-35.4%	169 k €	+107%	81,5 k €	-12.6%	93,3 k €	+7.1%	87,1 k €	+778%	-12,9 k €	-113%	101 k €
Operating result	204,9 k €	+163%	77,9 k €	-71.4%	272,7 k €	+81.9%	150 k €	+219%	-126 k €	-216%	109,1 k €	+2253%	4,6 k €	-81.9%	25,6 k €	-59.8%	63,7 k €	-12.8%	73 k €	+163%	27,8 k €	-73.8%	106,2 k €	+238%	31,5 k €	-19.7%	39,2 k €	-13.8%	45,5 k €	+179%	-57,7 k €	-257%	36,7 k €
Net result	53,2 k €	+1166%	4,2 k €	-97.1%	146,6 k €	+21.4%	120,8 k €	+171%	-170,7 k €	-348%	68,7 k €	+403%	-22,7 k €	-733%	3,6 k €	-85.1%	24,1 k €	-20.7%	30,4 k €	+781%	-4,5 k €	-110%	47 k €	+4760%	967,2 €	-77.2%	4,2 k €	-4.4%	4,4 k €	+107%	-60,7 k €	-1313%	5 k €
Balance sheet
Equity	482,5 k €	+12.4%	429,3 k €	+1.0%	425,1 k €	+52.7%	278,5 k €	+116%	128,7 k €	-57.0%	299,4 k €	+81.7%	164,8 k €	-12.1%	187,4 k €	+1.9%	183,9 k €	+15.1%	159,7 k €	+23.5%	129,3 k €	-3.3%	133,8 k €	+54.2%	86,8 k €	+1.1%	85,8 k €	+5.2%	81,6 k €	+5.7%	77,1 k €	-44.0%	137,8 k €
Total assets	6,4 M €	+89.9%	3,4 M €	+82.8%	1,8 M €	+17.5%	1,6 M €	+13.0%	1,4 M €	-24.1%	1,8 M €	+28.9%	1,4 M €	+2.7%	1,4 M €	+27.1%	1,1 M €	+21.6%	894,1 k €	+6.0%	843,7 k €	-3.6%	875,1 k €	+15.1%	760,6 k €	+1.5%	749,6 k €	-25.6%	1 M €	+19.3%	844,2 k €	+8.1%	780,9 k €
Cash	142,7 k €	-29.0%	200,9 k €	+93.7%	103,7 k €	-10.7%	116,2 k €	+34.0%	86,7 k €	+49.7%	57,9 k €	-20.5%	72,9 k €	-56.4%	167,3 k €	+77.7%	94,2 k €	+3.1%	91,3 k €	+129%	39,8 k €	-22.4%	51,3 k €	+38.1%	37,2 k €	+143%	15,3 k €	+123%	6,9 k €	-92.8%	95,2 k €	+30.9%	72,7 k €
Debts	5,8 M €	+101%	2,9 M €	+111%	1,4 M €	+11.1%	1,2 M €	-1.7%	1,3 M €	-7.7%	1,4 M €	+22.0%	1,1 M €	+4.8%	1,1 M €	+47.8%	721,4 k €	+24.6%	579 k €	-3.1%	597,5 k €	+7.6%	555,4 k €	-4.5%	581,8 k €	-10.9%	652,8 k €	-28.7%	915,4 k €	+22.7%	746,2 k €	+16.3%	641,5 k €
Other
Workforce	25,0 ETP	+16.8%	21,4 ETP	+7.0%	20,0 ETP	-5.7%	21,2 ETP	+0.5%	21,1 ETP	-5.4%	22,3 ETP	+51.7%	14,7 ETP	+20.5%	12,2 ETP	-8.3%	13,3 ETP	-8.3%	14,5 ETP	+8.2%	13,4 ETP	+11.7%	12,0 ETP	+2.6%	11,7 ETP	-17.0%	14,1 ETP	-13.0%	16,2 ETP	-11.5%	18,3 ETP	+22.0%	15,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 27 ended

Active mandates

Building Technology

Director · since 13 décembre 2025 · 0777.335.531

Represented by Luc OST

Active

Eric Van den Venne

Director · since 22 août 2023

Active

HELIMAR

Managing director · since 22 août 2023 · 0567.626.578

Represented by Mark VOCHTEN

Active

LO-MANAGEMENT

Director · since 22 août 2023 · until 13 février 2025 · 0735.398.669

Represented by Luc OST

Active

Ended mandates

Eric Van den Venne

Director · since 22 août 2023 · until 31 mai 2029

Ended

HELIMAR

Managing director · since 22 août 2023 · until 31 mai 2029 · 0567.626.578

Represented by Mark VOCHTEN

Ended

LO-MANAGEMENT

Director · since 22 août 2023 · until 31 mai 2029 · 0735.398.669

Represented by Luc OST

Ended

Eric VAN DEN VENNE

Director · since 12 octobre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
FAILSAFE● Active	0431.214.290
Failsafe Group● Active	0665.945.877
FAILSAFE SECURITY TEAM● Active	0429.919.242
MONY HOUSING● Active	0461.393.465

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged 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	08/07/2025	23/07/2024	06/07/2023	11/05/2022	09/07/2021	07/09/2020
General meeting	27/06/2025	28/06/2024	21/06/2023	28/04/2022	31/05/2021	07/08/2020
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
Abridged model	31/12/2024	27/06/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	23/07/2024	Dutch	PDF
Abridged model	31/12/2022	21/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/04/2022	11/05/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	07/08/2020	07/09/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	14/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	01/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	12/09/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 4 active · 27 ended

Active mandates

Building Technology

Director · since 13 décembre 2025 · 0777.335.531

Represented by Luc OST

Active

Eric Van den Venne

Director · since 22 août 2023

Active

HELIMAR

Managing director · since 22 août 2023 · 0567.626.578

Represented by Mark VOCHTEN

Active

LO-MANAGEMENT

Director · since 22 août 2023 · until 13 février 2025 · 0735.398.669

Represented by Luc OST

Active

Ended mandates

Eric Van den Venne

Director · since 22 août 2023 · until 31 mai 2029

Ended

HELIMAR

Managing director · since 22 août 2023 · until 31 mai 2029 · 0567.626.578

Represented by Mark VOCHTEN

Ended

LO-MANAGEMENT

Director · since 22 août 2023 · until 31 mai 2029 · 0735.398.669

Represented by Luc OST

Ended

Eric VAN DEN VENNE

Director · since 12 octobre 2018

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring05/03/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring31/12/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates29/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2018
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/08/2017
BENAMING - DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/06/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 202453,2 k €↑
2023
Annual accounts 20234,2 k €↓
2022
Annual accounts 2022146,6 k €↑
2021
Annual accounts 2021120,8 k €↑
2019
Annual accounts 2019-170,7 k €↓
2018
Annual accounts 201868,7 k €↑
2018
Name changeWatchguard Security
2016
Annual accounts 2016-22,7 k €↓
2015
Annual accounts 20153,6 k €↓
2014
Annual accounts 201424,1 k €↓
2013
Annual accounts 201330,4 k €↑
2012
Annual accounts 2012-4,5 k €↓
2011
Annual accounts 201147 k €↑
2010
Annual accounts 2010967,2 €↓
2009
Annual accounts 20094,2 k €↓
2008
Annual accounts 20084,4 k €↑
2007
Annual accounts 2007-60,7 k €↓
2006
Annual accounts 20065 k €
2006
Name changeALARM EN VEILIGHEID VOCHTEN
06/12/1995
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

WATCHGUARD SECURITY

Overview

What does WATCHGUARD SECURITY do?

Trend over 17 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