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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
SECURITY TWO from Verviers, company number BE0870786915, closed financial year 2024 with a result of € -123,737 after tax. For that financial year SECURITY TWO recorded a gross margin of € -3,557 and equity of € 3.2 million. Compared with financial year 2023, the result moved from € -81,262 to € -123,737. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 3.2 million
▼ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -123,737
▼ 52 % more loss than in 2023
Profit after tax over the fiscal year.
€ 67,175
▲ 219% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.2 million.
People and assets in 2024
€ 9,183
▼ 62% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 854,647
▼ 5% vs 2023
€ 50,030 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 38,507
Supplier invoices still open on the last day of the fiscal year.
€ 48,000
▼ 4% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -10,072 | € -6,818 | € -6,494 | € -3,557 | ▲ € 2,937 |
| Profit after taxes | € -134,316 | € -33,683 | € -81,262 | € -123,737 | ▼ € 42,475 |
| Equity | € 3,955,332 | € 3,761,649 | € 3,520,387 | € 3,236,650 | ▼ 8% |
| Total debts | € 1,222,469 | € 1,167,328 | € 1,066,040 | € 1,053,154 | ▼ 1% |
| Cash | € 39,666 | € 221,181 | € 21,040 | € 67,175 | ▲ 219% |
| Land & buildings | € 1,154,827 | € 1,441,450 | € 1,395,399 | € 1,352,196 | ▼ 3% |
| Retained profit | € 3,892,832 | € 3,699,149 | € 3,457,887 | € 3,174,150 | ▼ 8% |
| Dividend | € 160,000 | € 160,000 | € 160,000 | € 160,000 | |
| Bank debt | € 1,009,398 | € 957,058 | € 904,224 | € 854,647 | ▼ 5% |
| Balance sheet total | € 5,177,801 | € 4,928,977 | € 4,586,427 | € 4,289,804 | ▼ 6% |
Key figures of SECURITY TWO, 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 TWO?
What happened at SECURITY TWO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 123,737. filed late Source: NBB ↗
- Alain LEONARD became a director. NBB
- New establishment in Esneux. KBO
- Start of the company according to the CBE. KBO
In short
From € 134,316 loss in 2021 to € 123,737 loss in 2024.
Paid € 59,881 in corporate taxes since 2021.
Paid out € 640,000 in dividends to the owners in total.
A new publication or filing at SECURITY TWO? We notify you, reason included.
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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 SECURITY TWO is Alain LEONARD. It owns 50% of Immobief, 34% of ATL Concept and 31% of OEWY itself.
Directors
According to the 2024 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Chemin du Couloury 3
4800 Verviers
Avenue d' Esneux 72
4130 Esneux
Active since 23 December 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0870.786.915
- VAT number
- BE 0870.786.915
- Registered office
- Chemin du Couloury 3, 4800 Verviers
- Names & denominations
- SECURITY TWO
- Enterprise type
- Rechtspersoon
- Legal form
- Commanditaire vennootschap op aandelen
- Legal situation
- Normale toestand
- Start date
- 23 December 2004
- Peppol
- Not registered
- Activities · NACE
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