ACTIVE

TECHNICAL SECURITY SYSTEMS

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Financial year 2025 · closed on 31/12/2025
Net result
414,5 k €
+31.0% YoY
Gross margin
1,3 M €
+12.6% YoY
Equity
602,7 k €
-59.5% YoY
Workforce
9,6 ETP
+15.7% YoY

What does TECHNICAL SECURITY SYSTEMS do?

TECHNICAL SECURITY SYSTEMS is a Private company with limited liability incorporated in 2012. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Silly. It employs on average 9,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0501.687.760
Incorporation
03/12/2012
Legal form
Private company with limited liability
Registered office
Pavé d'Ath(Bassil) 1 box B
7830 Silly · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
9,6 ETP
Activities (NACE)
46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main46693Wholesale of other machinery and equipment80090Security and investigation activities80200Security systems service activities
Joint committees (3)
  • 149
  • 14901
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin1,3 M €1,2 M €963,5 k €951 k €780,5 k €484,5 k €322,9 k €342,5 k €152 k €165,4 k €144,3 k €174,1 k €94,9 k €
EBITDA665,6 k €565,9 k €480,8 k €505,2 k €473,9 k €261,7 k €82,2 k €144,5 k €42,7 k €49,1 k €43,7 k €50,2 k €17,2 k €
Operating result589,1 k €443,4 k €429,7 k €439,5 k €435,6 k €240,9 k €71,2 k €140,8 k €38,7 k €49,1 k €30,2 k €50,2 k €13,7 k €
Net result414,5 k €316,3 k €282,1 k €310,8 k €323,5 k €178,4 k €56,8 k €102,3 k €18,3 k €15,3 k €33 k €43,1 k €13,8 k €
Balance sheet
Equity602,7 k €1,5 M €1,2 M €956,7 k €803,1 k €479,6 k €301,2 k €244,4 k €142,1 k €123,9 k €108,6 k €75,6 k €32,4 k €
Total assets3,3 M €2,8 M €2,3 M €2,2 M €1,7 M €1,1 M €869,5 k €633,6 k €378,9 k €160,8 k €135,5 k €237 k €81 k €
Cash125,1 k €38 k €28,3 k €151,7 €5,6 k €3,3 k €4,7 k €11,2 k €10,1 k €5,7 k €24 k €8 k €6,2 k €
Debts2,7 M €1,3 M €1,1 M €1,3 M €922,2 k €606,7 k €568,3 k €388,4 k €235,7 k €36,9 k €27 k €161,4 k €48,6 k €
Other
Workforce9,6 ETP8,3 ETP7,0 ETP6,9 ETP4,8 ETP3,0 ETP3,0 ETP–3,0 ETP3,0 ETP2,0 ETP2,0 ETP2,0 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 31/12/2025 · 2 active · 2 ended

Active mandates

Erwan KERRIEN

Director · since 14 novembre 2012

Active
Laurent MAUWET

Director · since 14 novembre 2012

Active

Ended mandates

Erwan Kerrien

Manager

Ended
Laurent Mauwet

Manager

Ended
At this address

Other companies at this address

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0501.687.067
TECHNICAL SECURITY● Active
0429.240.539
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0789.785.084
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 date31/08/202609/10/202528/09/202428/09/202314/10/202205/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202631/08/2026FrenchPDF
Abridged model31/12/202427/06/202509/10/2025FrenchPDF
Abridged model31/12/202328/06/202428/09/2024FrenchPDF
Abridged model31/12/202230/06/202328/09/2023FrenchPDF
Abridged model31/12/202124/06/202214/10/2022FrenchPDF
Abridged model31/12/202025/06/202105/08/2021FrenchPDF
Abridged model31/12/201926/06/202030/11/2020FrenchPDF
Micro model31/12/201828/06/201925/09/2019FrenchPDF
Abridged model31/12/201729/06/201817/12/2018FrenchPDF
Abridged model31/12/201630/06/201728/07/2017FrenchPDF
Abridged model31/12/201524/06/201617/08/2016FrenchPDF
Abridged model31/12/201426/06/201508/07/2015FrenchPDF
Abridged model31/12/201327/06/201404/07/2014FrenchPDF
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 31/12/2025 · 2 active · 2 ended

Active mandates

Erwan KERRIEN

Director · since 14 novembre 2012

Active
Laurent MAUWET

Director · since 14 novembre 2012

Active

Ended mandates

Erwan Kerrien

Manager

Ended
Laurent Mauwet

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office31/01/2025
    SIEGE SOCIAL
    PDF
  • Registered office31/10/2018
    SIEGE SOCIAL
    PDF
  • Other05/12/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025414,5 k €↑
  2. 2024
    Annual accounts 2024316,3 k €↑
  3. 2023
    Annual accounts 2023282,1 k €↓
  4. 2022
    Annual accounts 2022310,8 k €↓
  5. 2021
    Annual accounts 2021323,5 k €↑
  6. 2020
    Annual accounts 2020178,4 k €↑
  7. 2019
    Annual accounts 201956,8 k €↓
  8. 2018
    Annual accounts 2018102,3 k €↑
  9. 2017
    Annual accounts 201718,3 k €↑
  10. 2016
    Annual accounts 201615,3 k €↓
  11. 2015
    Annual accounts 201533 k €↓
  12. 2014
    Annual accounts 201443,1 k €↑
  13. 2013
    Annual accounts 201313,8 k €
  14. 03/12/2012
    IncorporationPrivate company with limited liability