Financials
Financial year 2025
Lock Security from Tournai, company number BE0563327104, closed financial year 2025 with a result of € 23,029 after tax. For that financial year Lock Security recorded a gross margin of € 94,600 and equity of € 114,502. Compared with financial year 2024, the result moved from € 18,283 to € 23,029. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ 114,502
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,029
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 92,581
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,000 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 27,793
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,807
▲ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 194,387
▲ 4% vs 2024
€ 15,933 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 12,543
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,677
▲ € 9,496 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,760 | € 73,128 | € 103,796 | € 94,600 | ▼ 9% |
| Profit after taxes | € 13,186 | € -1,181 | € 18,283 | € 23,029 | ▲ 26% |
| Equity | € 92,165 | € 90,983 | € 95,473 | € 114,502 | ▲ 20% |
| Total debts | € 266,420 | € 290,618 | € 286,439 | € 295,897 | ▲ 3% |
| Cash | € 76,276 | € 58,643 | € 97,100 | € 92,581 | ▼ 5% |
| Land & buildings | € 245,428 | € 227,029 | € 214,800 | € 202,664 | ▼ 6% |
| Retained profit | € 73,565 | € 72,383 | € 75,013 | € 94,042 | ▲ 25% |
| Dividend | € 0 | € 0 | € 13,794 | € 4,000 | ▼ 71% |
| Bank debt | € 186,908 | € 198,535 | € 186,114 | € 194,387 | ▲ 4% |
| Balance sheet total | € 358,585 | € 381,601 | € 393,882 | € 410,399 | ▲ 4% |
Key figures of Lock Security, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Lock Security?
What happened at Lock Security in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,029 (▲ 26% vs 2024). filed late Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,186 profit in 2022 to € 23,029 profit in 2025.
Paid € 21,217 in corporate taxes since 2022.
Best year ever: 2025, with € 23,029 profit.
Paid out € 17,794 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Lock Security is MICHAEL VANDESANDE.
Directors
According to the 2025 annual accounts
MICHAEL VANDESANDE
Director
Establishments
Establishment units
Physical locations of this company
Rue Royale(TOU) 34
7500 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0563.327.104
- VAT number
- BE 0563.327.104
- Registered office
- Rue Royale(TOU) 34, 7500 Tournai
- Names & denominations
- Lock Security
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2014
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- lock-security.be
- Activities · NACE
Detailhandel in ijzerwaren en gereedschappen
Beveiligingsactiviteiten, neg
Diensten in verband met beveiligingssystemen