Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 196.2 to 111.2.
Financials
Financial year 2025
SECURITY MASTERS from Antwerpen, company number BE0892819672, closed financial year 2025 with a result of € 344,157 after tax. For that financial year SECURITY MASTERS recorded revenue of € 8.1 million and equity of € 606,292. Compared with financial year 2024, the result moved from € 198,789 to € 344,157. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 606,292
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 344,157
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 393,949
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 344,157 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
111.2
▼ 5.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.9 million
▼ 1% vs 2024
€ 61,800 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.
€ 78,081
▼ 55% vs 2024
Of which on lease € 23,552.
Debts at end 2025
€ 146,049
▼ 77% vs 2024
€ 25,325 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 350,488
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 94 days on average.
€ 885,568
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,129,921 | € 6,055,533 | € 7,758,475 | € 8,069,876 | ▲ 4% |
| Profit after taxes | € -209,217 | € 162,926 | € 198,789 | € 344,157 | ▲ 73% |
| Equity | € 411,577 | € 574,503 | € 606,292 | € 606,292 | |
| Total debts | € 5,974,150 | € 4,645,556 | € 1,835,072 | € 1,759,753 | ▼ 4% |
| Cash | € 134,467 | € 86,404 | € 553,708 | € 393,949 | ▼ 29% |
| Land & buildings | € 130,123 | € 129,355 | € 114,117 | € 98,878 | ▼ 13% |
| Retained profit | € -2,807,023 | € -2,644,097 | € -2,612,308 | € -2,612,308 | |
| Dividend | € 0 | € 0 | € 167,000 | € 344,157 | ▲ 106% |
| Bank debt | € 1,852,745 | € 915,861 | € 632,591 | € 146,049 | ▼ 77% |
| Balance sheet total | € 6,459,727 | € 5,294,059 | € 2,488,615 | € 2,383,296 | ▼ 4% |
| Employees (FTE) | 586.3 | 196.2 | 116.8 | 111.2 | ▼ 5.6 |
Key figures of SECURITY MASTERS, fiscal years 2023 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 SECURITY MASTERS?
What happened at SECURITY MASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 344,157 (▲ 73% vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Secure Management BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 209,217 loss in 2023 to € 344,157 profit in 2025.
Paid € 5,030 in corporate taxes since 2023.
Best year ever: 2025, with € 344,157 profit.
Paid out € 511,157 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
The stake of MM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SECURITY MASTERSBehind SECURITY MASTERS is Secure Management BV. The shares are held by MM HOLDING (20%).
Directors
According to the 2025 annual accounts
since 2018
Shareholders
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostkaai 9-12A
2170 Antwerpen
Zoning de Jumet,4ème rue 33
6040 Charleroi
Active since 9 July 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →CLEANING MASTERS
€ 177.3 million revenue · 2025
MOBILITY MASTERS
€ 62.7 million revenue · 2025
MM HOLDING same network
€ 380,326 revenue · 2025
SAMBAT 1
€ 82,617 gross margin · 2025
SAMBAT 2
€ 185,212 gross margin · 2025
+3 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
- 0892.819.672
- VAT number
- BE 0892.819.672
- Registered office
- Oostkaai 9-12A, 2170 Antwerpen
- Names & denominations
- SECURITY MASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2007
- Peppol
- Active · Active since 10 Apr 2024
- Activities · NACE
Opsporings- en particuliere beveiligingsdiensten
Bewakingsbedrijven en beveiligingsdiensten
Particuliere beveiliging