Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
SECURITY SYSTEMS ORGANISATION SECURITY HOUSE from Waterloo, company number BE0419204702, closed financial year 2024 with a result of € 3,624 after tax. For that financial year SECURITY SYSTEMS ORGANISATION SECURITY HOUSE recorded revenue of € 607,851 and equity of € 547,797. Compared with financial year 2023, the result moved from € 5,454 to € 3,624. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 547,797
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,624
▼ 34% vs 2023
Profit after tax over the fiscal year.
€ 48,288
▼ 22% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 361,850.
People and assets in 2024
€ 271,239
▲ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,485
▲ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 22,237
▼ 6% vs 2023
Loans from banks and other lenders, long and short.
€ 178,859
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 85,155
▲ 87% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 622,649 | € 646,412 | € 619,177 | € 607,851 | ▼ 2% |
| Gross margin | € 277,415 | € 343,795 | € 309,732 | € 309,544 | |
| Profit after taxes | € 43,612 | € 81,331 | € 5,454 | € 3,624 | ▼ 34% |
| Equity | € 457,388 | € 538,719 | € 544,173 | € 547,797 | ▲ 1% |
| Total debts | € 372,273 | € 324,571 | € 323,064 | € 302,207 | ▼ 6% |
| Cash | € 33,578 | € 75,922 | € 62,023 | € 48,288 | ▼ 22% |
| Land & buildings | € 489 | - | € 456 | € 456 | |
| Retained profit | € 271,441 | € 352,772 | € 358,226 | € 361,850 | ▲ 1% |
| Bank debt | € 11,300 | € 27,614 | € 23,773 | € 22,237 | ▼ 6% |
| Balance sheet total | € 829,661 | € 863,290 | € 867,237 | € 850,004 | ▼ 2% |
| Employees (FTE) | 6.7 | 6.1 | - | - |
Key figures of SECURITY SYSTEMS ORGANISATION SECURITY HOUSE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SECURITY SYSTEMS ORGANISATION SECURITY HOUSE?
What happened at SECURITY SYSTEMS ORGANISATION SECURITY HOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,624 (▼ 34% vs 2023). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,612 profit in 2021 to € 3,624 profit in 2024.
Paid € 15,619 in corporate taxes since 2021.
Best year ever: 2022, with € 81,331 profit.
On average € 56,400 of value added per employee in 2022.
Establishments
Establishment units
Physical locations of this company
Chaussée de Louvain 279
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.204.702
- VAT number
- BE 0419.204.702
- Registered office
- Chaussée de Louvain 279, 1410 Waterloo
- Names & denominations
- SECURITY SYSTEMS ORGANISATION SECURITY HOUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1979
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Beveiligingsactiviteiten, neg
Groothandel in ijzerwaren
Diensten in verband met beveiligingssystemen
Algemene elektrotechnische installatiewerken
Elektrische installatie