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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
TEAM SERVICE SECURITY from Oostkamp, company number BE0647668406, closed financial year 2025 with a result of € -174,376 after tax. For that financial year TEAM SERVICE SECURITY recorded a gross margin of € 1.4 million and equity of € -79,485. Compared with financial year 2024, the result moved from € 57,165 to € -174,376. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -79,485
▼ € 174,376 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -174,376
▼ still € 57,165 profit in 2024
Profit after tax over the fiscal year.
€ 45,178
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -98,085.
People and assets in 2025
19
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 13% vs 2024
€ 67,700 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.
€ 64,055
▲ 299% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 56,219
▲ 115% vs 2024
€ 8,461 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 100,178
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 141,626
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,706,279 | € 1,413,984 | € 1,611,330 | € 1,399,311 | ▼ 13% |
| Profit after taxes | € 47,030 | € 48,625 | € 57,165 | € -174,376 | ▼ € 231,542 |
| Equity | € 6,101 | € 54,726 | € 94,892 | € -79,485 | ▼ € 174,376 |
| Total debts | € 715,714 | € 438,743 | € 377,783 | € 303,330 | ▼ 20% |
| Cash | € 101 | € 53,905 | € 137,585 | € 45,178 | ▼ 67% |
| Retained profit | € -6,299 | € 42,326 | € 76,292 | € -98,085 | ▼ € 174,376 |
| Dividend | € 0 | € 0 | € 23,200 | € 0 | ▼ 100% |
| Bank debt | € 35,645 | € 0 | € 26,160 | € 56,219 | ▲ 115% |
| Balance sheet total | € 721,815 | € 493,469 | € 472,674 | € 432,667 | ▼ 8% |
| Employees (FTE) | 25.5 | 17.8 | 21.5 | 19 | ▼ 2.5 |
By gross margin, TEAM SERVICE SECURITY ranks 6th of 36 companies with main activity “Opsporings- en particuliere beveiligingsdiensten” in West Flanders that publish figures (fiscal year 2025).
Key figures of TEAM SERVICE 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 31 July 2027.
Ask about TEAM SERVICE SECURITY the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TEAM SERVICE SECURITY?
What happened at TEAM SERVICE SECURITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 174,376 (▼ € 231,542 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oostkamp. KBO
In short
From € 47,030 profit in 2022 to € 174,376 loss in 2025.
Paid € 76,751 in corporate taxes since 2022.
Best year ever: 2024, with € 57,165 profit.
On average € 73,600 of value added per employee in 2025.
Management
Behind TEAM SERVICE SECURITY is Tim Smits. Tim Smits is also behind TEAM SERVICE CREW.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Sint-Elooisstraat 65
8020 Oostkamp
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.
Similar companies in West Flanders
Same main activity (Opsporings- en particuliere beveiligingsdiensten), 45 active companies in West Flanders, largest first.
€ 21.8 million revenue · 2025 · Roeselare
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MENTOR WORLDWIDE SECURITY SERVICES
€ 2.5 million gross margin · 2025 · Oostkamp
€ 2 million gross margin · 2025 · Kortrijk
€ 2 million gross margin · 2025 · Jabbeke
€ 1.7 million gross margin · 2026 · Brugge
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HETZNER-AS, DE
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SMITS Tim(oprichter) 75%
- VAN WEVERBERG Andy(oprichter) 25%
Details
- Company number
- 0647.668.406
- VAT number
- BE 0647.668.406
- Registered office
- Sint-Elooisstraat 65, 8020 Oostkamp
- Names & denominations
- TEAM SERVICE SECURITY · TSS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2016
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- ts-security.be
- Activities · NACE
Opsporings- en particuliere beveiligingsdiensten
Particuliere beveiliging