ACTIVE

SECURITY MASTERS

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result344,2 k €+73,1 %over 1 year

Revenue8,1 M €+4,0 %over 1 year

Equity606,3 k €0,0 %over 1 year

Workforce111,2 ETP-4,8 %over 1 year

Identity

Source · BCE/KBO

SECURITY MASTERS is a Private limited company incorporated in 2007. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Antwerpen. It employs on average 111,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0892.819.672
Incorporation: 16/10/2007
Legal form: Private limited company
Registered office: Oostkaai 9-12A
2170 Antwerpen · FlandreSee on map
Contributed capital: 3 218 600,00 €
Latest accounts: 31/12/2025
Average workforce: 111,2 ETP

Activities (NACE)

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

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2023		2021
Income statement
Revenue	8,1 M €	+4.0%	7,8 M €	+28.1%	6,1 M €	-84.9%	40,1 M €	+157%	15,6 M €
EBITDA	456,6 k €	+26.0%	362,2 k €	+22.7%	295,3 k €	+109%	-3,2 M €	-7638%	-41,7 k €
Operating result	360,7 k €	+43.7%	251 k €	+19.6%	209,9 k €	+332%	-90,5 k €	+97.5%	-3,6 M €
Net result	344,2 k €	+73.1%	198,8 k €	+22.0%	162,9 k €	+178%	-209,2 k €	+94.2%	-3,6 M €
Balance sheet
Equity	606,3 k €	0.0%	606,3 k €	+5.5%	574,5 k €	+39.6%	411,6 k €	+116%	-2,6 M €
Total assets	2,4 M €	-4.2%	2,5 M €	-53.0%	5,3 M €	-18.0%	6,5 M €	-11.0%	7,3 M €
Cash	393,9 k €	-28.9%	553,7 k €	+541%	86,4 k €	-35.7%	134,5 k €	-47.7%	257 k €
Debts	1,8 M €	-4.0%	1,8 M €	-59.4%	4,5 M €	-21.0%	5,7 M €	-10.6%	6,4 M €
Other
Workforce	111,2 ETP	-4.8%	116,8 ETP	-40.5%	196,2 ETP	-66.5%	586,3 ETP	+103%	289,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Secure Management0699.729.492Represented by Filip Pellens	Directorsince 10/07/2018Manager10/07/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filip Pellens	Manager12/10/2007 → 10/07/2018

Other companies at this address

Oostkaai 9-12A 2170 Antwerpen

Company	CBE no.
CLEANING MASTERS● Active	0435.474.471
GREEN MASTERS● Active	0832.152.607
MM HOLDING● Active	0554.742.901
MOBILITY MASTERS● Active	0506.704.640
SAMBAT 1● Active	0737.726.471
SAMBAT 2● Active	0738.729.036
SAMBAT 3● Active	0749.767.735
Techni Masters● Active	0848.117.718

Full financial information

Source · NBB

	2025	2024	2023	2023	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/07/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2023	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	6 months	18 months	12 months	12 months
Filing date	07/07/2026	17/06/2025	11/07/2024	12/01/2024	28/10/2022	22/07/2021
General meeting	25/05/2026	30/05/2025	28/06/2024	27/12/2023	21/10/2022	29/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/05/2026	07/07/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Full model	30/06/2023	27/12/2023	12/01/2024	Dutch	PDF
Full model	31/12/2021	21/10/2022	28/10/2022	Dutch	PDF
Full model	31/12/2020	29/06/2021	22/07/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	22/07/2020	Dutch	PDF
Full model	31/12/2018	04/06/2019	27/08/2019	Dutch	PDF
Full model	31/12/2017	05/06/2018	27/08/2018	Dutch	PDF
Full model	31/12/2016	27/06/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	31/08/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	25/06/2009	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Secure Management0699.729.492Represented by Filip Pellens	Directorsince 10/07/2018Manager10/07/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filip Pellens	Manager12/10/2007 → 10/07/2018

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office15/09/2026
ZETEL
PDF
Other29/09/2023
ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares28/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates05/01/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates28/10/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Other16/01/2019
BENAMING
PDF
Registered office25/07/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares29/06/2018
KAPITAAL - AANDELEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Secure Management

Filip Pellens

20072008200920102011201220132014201520162017201820192020202120222023202420252026

SECURITY MASTERSFLANDERS PORT SECURITY

Bordeauxstraat 10, 2000 Antwerp

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Oostkaai 9-12A, 2170 Merksem (Antwerp)Current		CBE
Bordeauxstraat 10, 2000 Antwerp	accounts 2021 → 2025	Accounts 2025 · 2026-00281399

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SECURITY MASTERSCurrent	accounts 2018 → 2025	Accounts 2025 · 2026-00281399
FLANDERS PORT SECURITY	accounts 2008 → 2017	Accounts 2017 · 2018-58300127

Events

2025
Annual accounts 2025344,2 k €↑
2024
Annual accounts 2024198,8 k €↑
2023
Annual accounts 2023162,9 k €↑
2023
Annual accounts 2023-209,2 k €↑
2021
Annual accounts 2021-3,6 M €↓
2020
Annual accounts 2020493 k €↑
2019
Annual accounts 2019-55,6 k €↓
2018
Annual accounts 2018172,8 k €↓
2018
Name changeSECURITY MASTERS
2017
Annual accounts 2017199 k €↓
2016
Annual accounts 2016455,3 k €↑
2015
Annual accounts 2015234,3 k €↑
2014
Annual accounts 2014185,1 k €↑
2013
Annual accounts 2013131,4 k €↑
2012
Annual accounts 201229,6 k €↓
2011
Annual accounts 201167,7 k €↑
2010
Annual accounts 201022,5 k €↑
2009
Annual accounts 200913,2 k €↑
2008
Annual accounts 2008-4 k €
16/10/2007
IncorporationPrivate limited company

SECURITY MASTERS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events