Financials
Financial year 2025
EUROPEAN SECURITY CONCEPT from Drogenbos, company number BE0823170110, closed financial year 2025 with a result of € 199,301 after tax. For that financial year EUROPEAN SECURITY CONCEPT recorded a gross margin of € 1.9 million and equity of € 473,556. Compared with financial year 2024, the result moved from € 115,052 to € 199,301. 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 September 30, 2026.
€ 473,556
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 199,301
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 409,094
▲ 182% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
75 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1.5 million
▲ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 79,642
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 421,653
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 429,810
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,147,328 | € 1,527,336 | € 1,480,934 | € 1,892,834 | ▲ 28% |
| Profit after taxes | € 195,623 | € 80,568 | € 115,052 | € 199,301 | ▲ 73% |
| Equity | € 514,376 | € 594,944 | € 424,255 | € 473,556 | ▲ 12% |
| Total debts | € 917,236 | € 664,064 | € 758,409 | € 956,463 | ▲ 26% |
| Cash | € 594,750 | € 280,331 | € 145,137 | € 409,094 | ▲ 182% |
| Land & buildings | € 84,412 | € 56,275 | € 28,137 | - | |
| Retained profit | € 495,376 | € 575,944 | € 405,255 | € 454,556 | ▲ 12% |
| Dividend | € 428,571 | € 0 | € 285,741 | € 150,000 | ▼ 48% |
| Balance sheet total | € 1,431,612 | € 1,259,008 | € 1,182,663 | € 1,430,018 | ▲ 21% |
Key figures of EUROPEAN SECURITY CONCEPT, 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 EUROPEAN SECURITY CONCEPT?
What happened at EUROPEAN SECURITY CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 199,301 (▲ 73% vs 2024). filed late Source: NBB ↗
- New establishment in Drogenbos. KBO
- Start of the company according to the CBE. KBO
- Mostafa AZIZ became a director. NBB
In short
From € 195,623 profit in 2022 to € 199,301 profit in 2025.
Paid € 413,447 in corporate taxes since 2022.
Best year ever: 2025, with € 199,301 profit.
Paid out € 864,313 in dividends to the owners in total.
Management
Behind EUROPEAN SECURITY CONCEPT are M'Hamed EL BOUCHTILI and Mostafa AZIZ.
Directors
According to the 2025 annual accounts
M'Hamed EL BOUCHTILI
Director
Mostafa AZIZ
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Humaniteitslaan 233 box 3
1620 Drogenbos
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →GENERAL LOGISTICS SYSTEMS BELGIUM
€ 142 million revenue · 2026
Deelvereniging van mede-eigenaars "Gebouw A" van "Drogenbos Techno Center", Humaniteitslaan 233
Deelvereniging van mede-eigenaars "Gebouw D" van "Drogenbos Techno Center", Humaniteitslaan 233,1620 Drogenbos
PRAEVENTIS BELGIUM
€ 648,684 gross margin · 2025
PAUSE K’FE
€ 113,631 gross margin · 2024
+2 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
- 0823.170.110
- VAT number
- BE 0823.170.110
- Registered office
- Humaniteitslaan 233 bus 3, 1620 Drogenbos
- Names & denominations
- EUROPEAN SECURITY CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2010
- Peppol
- Active · Active since 27 Jul 2025
- Activities · NACE
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