Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELECTRONIQUE SECURITE GROUPE from Couvin, company number BE0453586549, closed financial year 2025 with a result of € 48,702 after tax. For that financial year ELECTRONIQUE SECURITE GROUPE recorded a gross margin of € 855,318 and equity of € 286,300. Compared with financial year 2024, the result moved from € 50,140 to € 48,702. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 286,300
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,702
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 28,810
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 48,700 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
11.7
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 690,733
▲ 3% vs 2024
€ 59,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 85,014
▲ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 271,845
€ 65,971 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 150,912
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,986
▲ 57% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 530,928 | € 694,365 | € 806,253 | € 855,318 | ▲ 6% |
| Profit after taxes | € -14,766 | € -7,823 | € 50,140 | € 48,702 | ▼ 3% |
| Equity | € 301,922 | € 291,452 | € 288,945 | € 286,300 | ▼ 1% |
| Total debts | € 298,698 | € 456,088 | € 595,304 | € 625,705 | ▲ 5% |
| Cash | € 102,740 | € 46,395 | € 45,994 | € 28,810 | ▼ 37% |
| Land & buildings | € 169,406 | € 148,639 | € 127,872 | € 107,104 | ▼ 16% |
| Retained profit | € 212,966 | € 205,142 | € 205,282 | € 205,284 | |
| Dividend | € 0 | € 0 | € 50,000 | € 48,700 | ▼ 3% |
| Bank debt | € 150,482 | € 222,021 | € 271,705 | € 271,845 | |
| Balance sheet total | € 600,621 | € 747,540 | € 884,250 | € 912,005 | ▲ 3% |
| Employees (FTE) | 9.9 | 9.4 | 11.4 | 11.7 | ▲ 0.3 |
Key figures of ELECTRONIQUE SECURITE GROUPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ELECTRONIQUE SECURITE GROUPE?
What happened at ELECTRONIQUE SECURITE GROUPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,702 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,766 loss in 2022 to € 48,702 profit in 2025.
Paid € 31,104 in corporate taxes since 2022.
Best year ever: 2024, with € 50,140 profit.
On average € 73,100 of value added per employee in 2025.
Management
Behind ELECTRONIQUE SECURITE GROUPE is DS MANAGEMENT & SERVICES.
Directors
According to the 2025 annual accounts
Director · represented by Sébastien Dujacquier, Salvatore Spateri
Establishments
Establishment units
Physical locations of this company
Rue Véroffe 10 box 1
5660 Couvin
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Groupement économique du Sud de l'Entre - Sambre - et - Meuse
ECO-CHALEUR
€ 66,272 gross margin · 2021
DS Management & Services same network
€ 54,436 gross margin · 2025
UNITE DS MANAGEMENT & SERVICES
Point Fusion
€ 293,249 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.586.549
- VAT number
- BE 0453.586.549
- Registered office
- Rue Véroffe 10 bus 1, 5660 Couvin
- Names & denominations
- ELECTRONIQUE SECURITE GROUPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1994
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.