ACTIVE

SECURITY TEAM SERVICES

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Financial year 2025 · closed on 31/12/2025

Net result

-11,2 k €

-123.2% YoY

Gross margin

141,3 k €

-13.6% YoY

Equity

35 k €

-59.6% YoY

Workforce

3,5 ETP

+84.2% YoY

What does SECURITY TEAM SERVICES do?

SECURITY TEAM SERVICES is a Private company with limited liability incorporated in 2012. Its main activity is: Security and investigation activities. Its registered office is in Seraing. It employs on average 3,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0842.735.604

Incorporation

16/01/2012

Legal form

Private company with limited liability

Registered office

Rue du Val Saint-Lambert 167 box 1
4100 Seraing · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

3,5 ETP

Activities (NACE)

80010Security and investigation activities· main 80100Private security activities

Signals

Positive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	141,3 k €	-13.6%	163,5 k €	+16.2%	140,7 k €	-23.0%	182,7 k €	+8.8%	167,9 k €	-17.7%	203,9 k €	+95.0%	104,6 k €	-39.7%	173,5 k €	+73.0%	100,3 k €	-55.1%	223,4 k €	+21.9%	183,2 k €	+306%	45,1 k €	-23.8%	59,2 k €	-22.9%	76,7 k €
EBITDA	12,6 k €	-86.6%	93,8 k €	+68057%	137,6 €	-99.7%	42,7 k €	-10.4%	47,7 k €	-41.8%	81,9 k €	+10309%	-802,4 €	-108%	10,1 k €	-28.8%	14,1 k €	-88.9%	127,3 k €	+43.0%	89 k €	+102%	44 k €	-24.8%	58,5 k €	-22.2%	75,1 k €
Operating result	-5,2 k €	-107%	77,3 k €	+585%	-15,9 k €	-183%	19,3 k €	-56.5%	44,4 k €	-38.0%	71,7 k €	+470%	-19,4 k €	-102%	-9,6 k €	+64.8%	-27,2 k €	-140%	67,7 k €	-11.1%	76,1 k €	+128%	33,4 k €	-33.9%	50,5 k €	-26.9%	69,1 k €
Net result	-11,2 k €	-123%	48,2 k €	+343%	-19,8 k €	-308%	9,5 k €	-68.9%	30,6 k €	-44.4%	55,1 k €	+349%	-22,2 k €	-86.7%	-11,9 k €	+61.6%	-30,9 k €	-182%	37,5 k €	-23.3%	48,9 k €	+146%	19,9 k €	-59.8%	49,4 k €	+13.4%	43,6 k €
Balance sheet
Equity	35 k €	-59.6%	86,6 k €	+126%	38,3 k €	-34.1%	58,2 k €	-32.4%	86,1 k €	-3.7%	89,4 k €	+154%	35,2 k €	-38.7%	57,3 k €	-17.1%	69,2 k €	-30.9%	100,1 k €	+60.0%	62,6 k €	+119%	28,6 k €	+116%	13,2 k €	-4.0%	13,8 k €
Total assets	236,8 k €	-5.9%	251,7 k €	+11.4%	226 k €	-9.7%	250,4 k €	-39.3%	412,6 k €	-0.3%	413,7 k €	+80.7%	229 k €	-28.2%	318,9 k €	-11.1%	358,6 k €	-7.5%	387,6 k €	+5.0%	369,1 k €	+124%	164,7 k €	+14.4%	143,9 k €	+40.0%	102,8 k €
Cash	61,2 k €	+91.2%	32 k €	+8.7%	29,4 k €	-49.7%	58,5 k €	-69.7%	192,8 k €	+38.2%	139,5 k €	+137%	58,8 k €	-10.8%	66 k €	+59.5%	41,4 k €	-57.6%	97,5 k €	+46.9%	66,4 k €	-11.2%	74,8 k €	+48.1%	50,5 k €	+42.0%	35,6 k €
Debts	200,9 k €	+22.3%	164,3 k €	-12.0%	186,8 k €	-2.4%	191,4 k €	-41.2%	325,6 k €	+1.5%	320,6 k €	+71.2%	187,3 k €	-23.6%	245,4 k €	-14.5%	287,1 k €	+0.4%	286 k €	-6.2%	305 k €	+126%	135,1 k €	+4.2%	129,7 k €	+47.3%	88 k €
Other
Workforce	3,5 ETP	+84.2%	1,9 ETP	0.0%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+25.0%	1,6 ETP	-11.1%	1,8 ETP	0.0%	1,8 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 31/12/2025 · 1 active · 1 ended

Active mandates

Bernard Delhaye

Manager · since 23 décembre 2011

Active

Ended mandates

Bernard Delhaye

Director · since 23 décembre 2011

Ended

At this address

Other companies at this address

Company	CBE no.
STEWARD TEAM SERVICES EVENTS● Active	0547.601.820

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	09/12/2024	31/07/2023	05/08/2022	30/07/2021
General meeting	31/08/2026	05/08/2025	01/10/2024	02/06/2023	03/06/2022	04/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	05/08/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	01/10/2024	09/12/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	05/08/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	25/08/2020	27/08/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	25/06/2019	French	PDF
Abridged model	31/12/2017	05/10/2018	10/10/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	06/07/2017	French	PDF
Abridged model	31/12/2015	27/07/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	25/08/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	26/08/2013	French	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 31/12/2025 · 1 active · 1 ended

Active mandates

Bernard Delhaye

Manager · since 23 décembre 2011

Active

Ended mandates

Bernard Delhaye

Director · since 23 décembre 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office04/12/2017
SIEGE SOCIAL
PDF
Registered office30/04/2015
SIEGE SOCIAL
PDF
Other31/05/2013
DIVERS
PDF
Other26/01/2012
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

2025
Annual accounts 2025-11,2 k €↓
2024
Annual accounts 202448,2 k €↑
2023
Annual accounts 2023-19,8 k €↓
2022
Annual accounts 20229,5 k €↓
2021
Annual accounts 202130,6 k €↓
2020
Annual accounts 202055,1 k €↑
2019
Annual accounts 2019-22,2 k €↓
2018
Annual accounts 2018-11,9 k €↑
2017
Annual accounts 2017-30,9 k €↓
2016
Annual accounts 201637,5 k €↓
2015
Annual accounts 201548,9 k €↑
2014
Annual accounts 201419,9 k €↓
2013
Annual accounts 201349,4 k €↑
2012
Annual accounts 201243,6 k €
16/01/2012
IncorporationPrivate company with limited liability

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

SECURITY TEAM SERVICES

Overview

What does SECURITY TEAM SERVICES do?

Trend over 14 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