ACTIVE

HIGH SECURITY

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Financial year 2025 · closed on 31/12/2025

Net result

73,8 k €

-56.3% YoY

Revenue

23,6 M €

+4.7% YoY

Equity

452,9 k €

+19.5% YoY

Workforce

353,0 ETP

+9.5% YoY

What does HIGH SECURITY do?

HIGH SECURITY is a Private limited company incorporated in 2007. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Walhain. It employs on average 353,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.255.893

Incorporation

01/08/2007

Legal form

Private limited company

Registered office

Chaussée de Namur(NSV) 31
1457 Walhain · WallonieSee on map

Contributed capital

214 100,00 €

Latest accounts

31/12/2025

Average workforce

353,0 ETP

Activities (NACE)

74601Other professional, scientific and technical activities· main 80010Security and investigation activities 80100Private security activities

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	23,6 M €	+4.7%	22,6 M €	+23.9%	18,2 M €	+36.3%	13,4 M €		–		–		–		–		–		–		–		–		–		1,8 M €	+11.8%	1,7 M €	+70.6%	967,1 k €	+16.3%	831,4 k €		–
EBITDA	711,2 k €	-16.2%	848,9 k €	+65.6%	512,7 k €	+317%	123,1 k €	-49.2%	242,4 k €	+13.1%	214,3 k €	+337%	49 k €	-65.1%	140,5 k €	+16.7%	120,5 k €	-54.9%	267,4 k €	+118%	122,4 k €	+262%	-75,6 k €	-473%	20,2 k €	+1007%	1,8 k €	-98.4%	112 k €	+27.9%	87,5 k €	+13.1%	77,4 k €	+142%	32 k €
Operating result	422,8 k €	-28.6%	592,6 k €	+95.5%	303,1 k €	+1752%	16,4 k €	-90.2%	167,7 k €	+13.0%	148,4 k €	+1370%	-11,7 k €	-116%	72,7 k €	+40.1%	51,9 k €	-72.8%	191,1 k €	+128%	83,8 k €	+171%	-118,5 k €	-548%	-18,3 k €	+52.8%	-38,8 k €	-151%	76,7 k €	+30.7%	58,7 k €	+43.1%	41 k €	+914%	4 k €
Net result	73,8 k €	-56.3%	168,9 k €	+1068%	14,5 k €	+116%	-91,8 k €	-230%	70,5 k €	-3.4%	73 k €	+229%	-56,5 k €	-989%	-5,2 k €	+53.9%	-11,3 k €	-108%	145,5 k €	+251%	41,4 k €	+127%	-153,3 k €	-238%	-45,4 k €	+27.8%	-62,8 k €	-232%	47,7 k €	+20.5%	39,6 k €	+34.0%	29,5 k €	+1684%	1,7 k €
Balance sheet
Equity	452,9 k €	+19.5%	379,1 k €	+1772%	20,2 k €	+250%	5,8 k €	-94.1%	97,6 k €	+261%	27 k €	+159%	-45,9 k €	-533%	10,6 k €	-32.8%	15,8 k €	-41.6%	27,1 k €	+123%	-118,5 k €	+25.9%	-159,9 k €	-2323%	-6,6 k €	-117%	38,8 k €	-61.8%	101,6 k €	+88.5%	53,9 k €	+37.0%	39,3 k €	+5.4%	37,3 k €
Total assets	8 M €	+18.3%	6,7 M €	-2.9%	6,9 M €	+40.4%	4,9 M €	+16.8%	4,2 M €	+3.7%	4,1 M €	+68.1%	2,4 M €	+13.6%	2,1 M €	+30.2%	1,6 M €	+1.8%	1,6 M €	+86.9%	860 k €	+4.5%	822,8 k €	+3.3%	796,7 k €	+25.3%	635,9 k €	-4.5%	665,9 k €	+114%	310,8 k €	+15.1%	269,9 k €	-5.1%	284,4 k €
Cash	954,2 k €	+188%	331,5 k €	+57.6%	210,4 k €	-56.5%	483,7 k €	+768%	55,7 k €	-57.7%	131,7 k €	+138%	55,4 k €	+200%	18,5 k €	-86.6%	138,2 k €	+535%	21,8 k €	-68.8%	69,7 k €	+13625%	507,6 €	-44.1%	908,3 €		–		7,5 k €	-68.6%	23,7 k €	+18.7%	20 k €	+12533%	158,1 €
Debts	7,5 M €	+18.3%	6,3 M €	-8.1%	6,9 M €	+40.1%	4,9 M €	+19.4%	4,1 M €	+2.0%	4 M €	+63.9%	2,5 M €	+16.3%	2,1 M €	+30.8%	1,6 M €	+2.5%	1,6 M €	+61.5%	978,4 k €	-0.4%	982,7 k €	+22.8%	800,3 k €	+34.2%	596,2 k €	+13.1%	527 k €	+125%	234,1 k €	+11.4%	210,1 k €	-15.0%	247,1 k €
Other
Workforce	353,0 ETP	+9.5%	322,5 ETP	+16.2%	277,6 ETP	+40.0%	198,3 ETP		–		–		104,7 ETP	+13.6%	92,2 ETP	+6.6%	86,5 ETP	+38.6%	62,4 ETP	+39.0%	44,9 ETP	-0.7%	45,2 ETP	+5.9%	42,7 ETP	+111%	20,2 ETP	+621%	2,8 ETP	-71.7%	9,9 ETP	+3.1%	9,6 ETP	+220%	3,0 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 · 4 ended

Active mandates

GLR INVEST

Director · since 01 janvier 2025 · 1018.104.575

Represented by Lionel Reul

Active

KEY-ROS

Director · since 01 janvier 2025 · 1018.104.971

Represented by Sébastien BOURGYS

Active

Ended mandates

Lionel REUL

Manager · since 29 septembre 2008

Ended

lionel Reul

Mandate

Ended

LIONEL REUL

Director

Ended

REUL Lionel

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ARCHITECTURE & PROJECT MANAGEMENT, ARCHITECTES ASSOCIES● Active	0883.789.467
HIGH DRIVE● Bankrupt	0861.765.519
HIGH SERVICES● Active	0845.689.649
INDIRECTION LEVEL● Active	0833.699.360

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Micro model	Micro 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	26/06/2026	23/06/2025	10/07/2024	19/07/2023	25/08/2022	24/06/2021
General meeting	25/06/2026	18/06/2025	09/07/2024	07/06/2023	22/06/2022	17/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	26/06/2026	French	PDF
Full model	31/12/2024	18/06/2025	23/06/2025	French	PDF
Full model	31/12/2023	09/07/2024	10/07/2024	French	PDF
Full model	31/12/2022	07/06/2023	19/07/2023	French	PDF
Micro model	31/12/2021	22/06/2022	25/08/2022	French	PDF
Micro model	31/12/2020	17/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	13/05/2020	04/08/2020	French	PDF
Abridged model	31/12/2018	08/05/2019	26/09/2019	French	PDF
Abridged model	31/12/2017	09/05/2018	23/07/2018	French	PDF
Abridged model	31/12/2016	10/05/2017	29/06/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	13/05/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	06/10/2014	French	PDF
Abridged model	31/12/2012	15/05/2013	09/08/2013	French	PDF
Abridged model	31/12/2011	16/05/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	18/05/2011	09/09/2011	French	PDF
Abridged model	31/12/2009	19/05/2010	19/08/2010	French	PDF
Abridged model	31/12/2008	21/05/2009	11/02/2010	French	PDF

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 · 4 ended

Active mandates

GLR INVEST

Director · since 01 janvier 2025 · 1018.104.575

Represented by Lionel Reul

Active

KEY-ROS

Director · since 01 janvier 2025 · 1018.104.971

Represented by Sébastien BOURGYS

Active

Ended mandates

Lionel REUL

Manager · since 29 septembre 2008

Ended

lionel Reul

Mandate

Ended

LIONEL REUL

Director

Ended

REUL Lionel

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/01/2026
DEMISSIONS, NOMINATIONS
PDF
Other03/12/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET
PDF
Mandates08/01/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates03/05/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office15/07/2016
SIEGE SOCIAL
PDF
Registered office17/05/2016
SIEGE SOCIAL
PDF
Registered office01/07/2013
SIEGE SOCIAL
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 202573,8 k €↓
2024
Annual accounts 2024168,9 k €↑
2023
Annual accounts 202314,5 k €↑
2022
Annual accounts 2022-91,8 k €↓
2021
Annual accounts 202170,5 k €↓
2020
Annual accounts 202073 k €↑
2019
Annual accounts 2019-56,5 k €↓
2018
Annual accounts 2018-5,2 k €↑
2017
Annual accounts 2017-11,3 k €↓
2016
Annual accounts 2016145,5 k €↑
2015
Annual accounts 201541,4 k €↑
2014
Annual accounts 2014-153,3 k €↓
2013
Annual accounts 2013-45,4 k €↑
2012
Annual accounts 2012-62,8 k €↓
2011
Annual accounts 201147,7 k €↑
2010
Annual accounts 201039,6 k €↑
2009
Annual accounts 200929,5 k €↑
2008
Annual accounts 20081,7 k €
01/08/2007
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

HIGH SECURITY

Overview

What does HIGH SECURITY do?

Trend over 18 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