BELGIUM SECURITY GROUP
The computed 12-month bankruptcy probability of BELGIUM SECURITY GROUP is 0.9% (low). The 2024 annual accounts show equity of €142k and a net result of €83k. Equity is growing by ~49.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 499 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €142k |
| Net result | €83k |
| Better than sector | 95% |
| Active | 12 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 86.4% | 36.6% | |
| Net result | €83k | €19k | |
| Equity | €142k | €90k | |
| Gross operating margin | €89k | €111k | |
| Total assets | €164k | €364k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €87k |
| Net profit | €83k |
| Cash flow | €86k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €164k |
| Equity | €142k |
| Debt | €22k |
| of which ≤ 1y | €22k |
| of which > 1y | - |
| Working capital | €138k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 7.18 |
| Quick ratio | 7.14 |
| Working capital ratio | 84.0% |
| Solvency | 86.4% |
| Debt / equity | 0.16 |
| Long-term debt ratio | - |
| Interest coverage | 148.17 |
| Gross margin | - |
| Net margin | - |
| ROA | 50.4% |
| ROE | 58.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €164k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €160k |
| Stocks & contracts in progress | 3 | €730 |
| Amounts receivable within one year | 40/41 | €69k |
| Cash & bank | 54/58 | €89k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €164k |
| Equity | 10/15 | €142k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €121k |
| Amounts payable | 17/49 | €22k |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €89k |
| Operating result | 9901 | €83k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €587 |
| Result before taxes | 9903 | €83k |
| Net result for the period | 9904 | €83k |
| Result to be appropriated | 9905 | €83k |
-
AOUAM Nour AddinNon-statutory directorState Gazette act 24174347 (11-12-2024)Current11-12-2024 → present
3 events
- 11-12-2024 Resigned· Director
- 11-12-2024 Appointed· Non-statutory director
- 31-12-2022 Appointed· Director (executive)
Former directors (1)
-
Henin Nathalie NellyDirector (executive)State Gazette act 23070673 (31-05-2023)Former- → 31-12-2022
| NACE primary | Schrijnwerk(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 13-12-2013 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 21010A0073/00D008 | Brussels | 1,961 m² | 1 · 665 m² | 19.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-07-2025 Registered office moved from Kraainem to Zaventem
- Steenweg op Mechelen 455 bus 1, 1950 Kraainem → Excelsiorlaan 71 -1930 Zaventem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Excelsiorlaan 71 -1930 Zaventem",
"city": "Zaventem",
"region": "vlaams_gewest",
"street": "Excelsiorlaan",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "71",
"locality_suffix": null
},
"old_address": {
"raw": "Steenweg op Mechelen 455 bus 1, 1950 Kraainem",
"city": "Kraainem",
"region": "vlaams_gewest",
"street": "Steenweg op Mechelen",
"country": "BE",
"postcode": "1950",
"box_number": "1",
"street_number": "455",
"locality_suffix": null
},
"effective_date": "2025-06-26",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-07-09",
"filing_date": "2025-07-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-07-01",
"unanimous": true
},
"subject_company": {
"kbo": "0543.277.697",
"name_full": "BELGIUM SECURITY GROUP",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "AOUAM Nour",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}11-12-2024 1 director appointed, 1 resigning
- AOUAM Nour Addin, Niet-statutair bestuurder
- AOUAM Nour Addin, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "AOUAM Nour Addin",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de huidige bestuurder hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurder een onbepaalde duur: De heer AOUAM Nour Addin, voornoemd, hier aanwezig en die aanvaardt.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "niet_statutair bestuurder",
"person": {
"rrn": null,
"name": "AOUAM Nour Addin",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de huidige bestuurder hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurder een onbepaalde duur: De heer AOUAM Nour Addin, voornoemd, hier aanwezig en die aanvaardt.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "AOUAM Nour Addin",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De heer AOUAM Nour Addin wordt ook als vast vertegenwoordiger benoemd.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Pierre LEBON",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-11",
"filing_date": "2024-12-03",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-11-27",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0543.277.697",
"name_full": "BELGIUM SECURITY GROUP",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pierre Lebon",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"een niet-geregistreerde gelijkvormig afschrift",
"een co\u00F6rdinatie van de statuten"
],
"corrected_publication_numac": null
}11-12-2024 Registered office moved from Bruxelles to Kraainem
- Boulevard de l'Empereur 10, 1000 Bruxelles → 1950 Kraainem, Steenweg op Mechelen 455 bus 1
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "siege_social",
"new_address": {
"raw": null,
"city": null,
"region": null,
"street": null,
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"old_address": {
"raw": "Boulevard de l\u0027Empereur 10, 1000 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Boulevard de l\u0027Empereur",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "10",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "future",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
},
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "siege_social",
"new_address": {
"raw": "1950 Kraainem, Steenweg op Mechelen 455 bus 1",
"city": "Kraainem",
"region": "vlaams_gewest",
"street": "Steenweg op Mechelen",
"country": "BE",
"postcode": "1950",
"box_number": "bus 1",
"street_number": "455",
"locality_suffix": null
},
"old_address": {
"raw": "Boulevard de l\u0027Empereur 10, 1000 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Boulevard de l\u0027Empereur",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "10",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "future",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Pierre LEBON",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-12-11",
"filing_date": "2024-12-03",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"date": "2024-11-27",
"unanimous": null
},
"subject_company": {
"kbo": "0543.277.697",
"name_full": "BELGIUM SECURITY GROUP",
"legal_form": "sarl"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pierre Lebon",
"org_rep_person_name": null,
"person_role_at_subject": "Notaire"
},
"co_filed_documents": [
"une exp\u00E9dition de l\u0027acte non-enregistr\u00E9"
]
}12-11-2024 Registered office moved from Jette to Bruxelles
- Rue Gustave Gilson 81, 1090- Jette → Boulevard de l'Empereur 10, 1000 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Boulevard de l\u0027Empereur 10, 1000 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Boulevard de l\u0027Empereur",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "10",
"locality_suffix": null
},
"old_address": {
"raw": "Rue Gustave Gilson 81, 1090- Jette",
"city": "Jette",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Gustave Gilson",
"country": "BE",
"postcode": "1090",
"box_number": null,
"street_number": "81",
"locality_suffix": "Jette"
},
"effective_date": null,
"evidence_quote": "AOUAM Nour, l\u0027administrateur, d\u00E9cide de transf\u00E9rer le si\u00E8ge social \u00E0 Boulevard de l\u0027Empereur 10, 1000 Bruxelles.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-11-12",
"filing_date": "2024-10-31",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"date": "2024-10-23",
"unanimous": true
},
"subject_company": {
"kbo": "0543.277.697",
"name_full": "Belgium Security Group",
"legal_form": "SPRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "AOUAM Nour",
"org_rep_person_name": null,
"person_role_at_subject": "administrateur"
},
"co_filed_documents": [
"Mod DOC 19 01"
]
}31-05-2023 All shares are now held by a single shareholder
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Henin Nathalie Nelly",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 50,
"contribution_amount_eur": null
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Aouam Nour Addin",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 50,
"contribution_amount_eur": null
}
],
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "eenhoofdigheid_declaration",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-05-31",
"filing_date": "2023-05-22",
"act_kind_objet": "Objet(s) de l\u0027acte :Cession - D\u00E9mission"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2022-12-31",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2022-12-31"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0543.277.697",
"name_full": "BELGIUM SECURITY GROUP",
"legal_form": "Societe Priv\u00E9e \u00E0 Responsabilite Limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "Aouam Nour Addin",
"role": "aandeelhouder",
"n_shares": 50,
"share_class": null
}
],
"share_classes_after": []
}20-04-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Henin Nathalie Nelly",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 50,
"contribution_amount_eur": null
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Aouam Nour Addin",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 50,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Aouam Nour Addin",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": null,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2021-05-29",
"act_kind_objet": "Objet(s) de l\u0027acte :"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2021-05-29",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2021-05-29"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0543.277.697",
"name_full": "BELGIUM SECURITY GROUP",
"legal_form": "Societe Priv\u00E9e \u00E0 Responsabilite Limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Henin Nathalie Nelly",
"role": "simple_associ\u00E9",
"n_shares": 0,
"share_class": null
},
{
"kbo": null,
"pct": 50.0,
"kind": "person",
"name": "Aouam Nour Addin",
"role": "g\u00E9rant_statutaire",
"n_shares": 50,
"share_class": null
}
],
"share_classes_after": []
}| Legal nameFR | BELGIUM SECURITY GROUP |