ACTIVE

EM SECURITY

Financial year 2025 · closed on 31/12/2025
Net result
38 k €
-42.8% YoY
Gross margin
1,2 M €
+1.4% YoY
Equity
580,5 k €
+7.0% YoY
Workforce
13,3 ETP
-7.6% YoY

What does EM SECURITY do?

EM SECURITY is a Private company with limited liability incorporated in 1995. Its main activity is: Electrical installation. Its registered office is in Halle. It employs on average 13,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0456.620.273
Incorporation
20/12/1995
Legal form
Private company with limited liability
Registered office
Edingensesteenweg 182
1500 Halle · FlandreSee on map
Contributed capital
21 070,95 €
Latest accounts
31/12/2025
Average workforce
13,3 ETP
Joint committees (4)
  • 14901
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,2 M €1,2 M €1,4 M €923,3 k €798,1 k €805,5 k €660,4 k €479,7 k €471,9 k €600,4 k €518,9 k €452,9 k €477,7 k €372,2 k €385,4 k €435,5 k €456,4 k €499,8 k €570,8 k €433,7 k €
EBITDA212,3 k €252,2 k €536 k €399,6 k €311,6 k €342,5 k €231,7 k €97,3 k €134 k €258,5 k €191,9 k €136,1 k €176,7 k €50,7 k €42,2 k €47,2 k €71,1 k €46,9 k €106,1 k €16,7 k €
Operating result69,8 k €115,2 k €433,7 k €319,5 k €231,2 k €264,7 k €148,9 k €69,6 k €115,1 k €227 k €171,2 k €117,9 k €154,1 k €26,8 k €20,7 k €21,7 k €18,1 k €19,2 k €76,8 k €-58,3 k €
Net result38 k €66,4 k €-532,6 k €213 k €173 k €160,8 k €119,3 k €39,6 k €61,7 k €34,1 k €102,6 k €64,1 k €89,1 k €7,4 k €1,8 k €-8,7 k €3 k €-9,1 k €49,1 k €-72,7 k €
Balance sheet
Equity580,5 k €542,5 k €476,1 k €1 M €795,7 k €622,7 k €461,9 k €382,5 k €343 k €281,3 k €247,3 k €244,6 k €180,6 k €91,5 k €84 k €82,2 k €90,9 k €87,8 k €97 k €47,8 k €
Total assets1,7 M €1,7 M €1,9 M €2,5 M €2,3 M €1,3 M €1,3 M €1,2 M €629,5 k €581,4 k €667,1 k €731,3 k €636,9 k €534,5 k €645,6 k €609 k €554,5 k €612,5 k €680,9 k €399 k €
Cash262,6 k €89,5 k €366,3 k €201,2 k €144,7 k €136,7 k €28,2 k €93,7 k €155,2 k €119 k €90,7 k €127,5 k €4,1 k €10,5 k €32,7 k €12,5 k €3,9 k €104,1 k €29,8 k €15,1 k €
Debts1,1 M €1,2 M €1,4 M €1,5 M €1,5 M €707,3 k €819,8 k €800,1 k €286,5 k €300,1 k €352,6 k €430,9 k €401,8 k €443,1 k €561,6 k €488,1 k €463,6 k €524,7 k €584 k €351,1 k €
Other
Workforce13,3 ETP14,4 ETP12,6 ETP11,0 ETP10,0 ETP9,9 ETP9,0 ETP8,3 ETP7,8 ETP8,2 ETP8,7 ETP8,3 ETP7,9 ETP8,3 ETP6,7 ETP7,4 ETP7,2 ETP10,3 ETP10,3 ETP10,0 ETP
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 31/12/2025 · 3 active · 6 ended

Active mandates

FLEMISH INVESTMENT VEHICLE

Director · since 01 décembre 2023 · until 10 août 2026 · 0841.292.381

Represented by Moons Kurt

Active
Graphene

Director · since 01 décembre 2023 · until 31 mai 2029 · 0644.942.211

Represented by Vastiau Stijn

Active
ReRox

Director · since 01 décembre 2023 · until 31 mai 2029 · 0798.170.735

Represented by Vanderelst Stijn

Active

Ended mandates

FLEMISH INVESTMENT VEHICLE

Director · since 01 décembre 2023 · 0841.292.381

Ended
ReRox

Director · since 01 décembre 2023 · 0798.170.735

Ended
Graphene

Managing director · since 18 janvier 2016 · 0644.942.211

Ended
Erik Mosselmans

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
HUBERTActive
0640.963.231
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202625/07/202523/07/202405/06/202327/06/202217/06/2021
General meeting28/08/202630/05/202525/06/202425/05/202324/06/202227/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/08/202628/08/2026DutchPDF
Abridged model31/12/202430/05/202525/07/2025DutchPDF
Abridged model31/12/202325/06/202423/07/2024DutchPDF
Abridged model31/12/202225/05/202305/06/2023DutchPDF
Abridged model31/12/202124/06/202227/06/2022DutchPDF
Abridged model31/12/202027/05/202117/06/2021DutchPDF
Abridged model31/12/201911/06/202018/06/2020DutchPDF
Abridged model31/12/201830/05/201918/06/2019DutchPDF
Abridged model31/12/201731/05/201815/06/2018DutchPDF
Abridged model31/12/201629/06/201718/07/2017DutchPDF
Abridged model31/12/201527/05/201623/06/2016DutchPDF
Abridged model31/12/201428/05/201518/06/2015DutchPDF
Abridged model31/12/201328/05/201416/06/2014DutchPDF
Abridged model31/12/201230/05/201321/06/2013DutchPDF
Abridged model31/12/201128/06/201209/07/2012DutchPDF
Abridged model31/12/201023/06/201105/07/2011DutchPDF
Abridged model31/12/200930/06/201025/08/2010DutchPDF
Abridged model31/12/200830/05/200930/06/2009DutchPDF
Abridged model31/12/200723/05/200828/05/2008DutchPDF
Abridged model31/12/200625/05/200731/05/2007DutchPDF
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 31/12/2025 · 3 active · 6 ended

Active mandates

FLEMISH INVESTMENT VEHICLE

Director · since 01 décembre 2023 · until 10 août 2026 · 0841.292.381

Represented by Moons Kurt

Active
Graphene

Director · since 01 décembre 2023 · until 31 mai 2029 · 0644.942.211

Represented by Vastiau Stijn

Active
ReRox

Director · since 01 décembre 2023 · until 31 mai 2029 · 0798.170.735

Represented by Vanderelst Stijn

Active

Ended mandates

FLEMISH INVESTMENT VEHICLE

Director · since 01 décembre 2023 · 0841.292.381

Ended
ReRox

Director · since 01 décembre 2023 · 0798.170.735

Ended
Graphene

Managing director · since 18 janvier 2016 · 0644.942.211

Ended
Erik Mosselmans

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Restructuring05/06/2024
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/10/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates06/05/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/05/2017
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring15/03/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/08/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/02/2016
    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

Timeline

  1. 2025
    Annual accounts 202538 k €
  2. 2024
    Annual accounts 202466,4 k €
  3. 2023
    Annual accounts 2023-532,6 k €
  4. 2022
    Annual accounts 2022213 k €
  5. 2021
    Annual accounts 2021173 k €
  6. 2020
    Annual accounts 2020160,8 k €
  7. 2019
    Annual accounts 2019119,3 k €
  8. 2018
    Annual accounts 201839,6 k €
  9. 2017
    Annual accounts 201761,7 k €
  10. 2016
    Annual accounts 201634,1 k €
  11. 2015
    Annual accounts 2015102,6 k €
  12. 2014
    Annual accounts 201464,1 k €
  13. 2013
    Annual accounts 201389,1 k €
  14. 2012
    Annual accounts 20127,4 k €
  15. 2011
    Annual accounts 20111,8 k €
  16. 2010
    Annual accounts 2010-8,7 k €
  17. 2009
    Annual accounts 20093 k €
  18. 2008
    Annual accounts 2008-9,1 k €
  19. 2007
    Annual accounts 200749,1 k €
  20. 2006
    Annual accounts 2006-72,7 k €
  21. 20/12/1995
    IncorporationPrivate company with limited liability