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e4SAFE

Active
Private limited companyfounded 200818 yrs activeRue François Bovesse(MSM) 33, 6567 Merbes-le-Château, BelgiumKBO/BCE: BE 0897.759.447

e4SAFE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €21k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 4760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
100 / 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+26
Solvency99▲+44
Growth68=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.2 in 2024), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.2%
Return on assets
30.9%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
55 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
04-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€170k▲ 5.2%
2024 · €162k
2022: €149k 2023: €163k 2024: €162k
2022 → 2025
EBIT margin
16.9%▲ 12.3pp
2024 · 4.6%
2022: 2.0% 2023: 3.0% 2024: 4.6%
2022 → 2025
Net result
€21k▲ 375%
2024 · €4k
2022: €636 2023: €2k 2024: €4k
2022 → 2025
Working capital
€34k▲ 367%
2024 · €7k
2022: €-2k 2023: €2k 2024: €7k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Turnover€149k-€163k▲ 9.7%€162k▼ 0.9%€170k▲ 5.2%
Equity€15k-€17k▲ 15.9%€21k▲ 26.3%€43k▲ 99.0%
Operating result€3k-€5k▲ 64.7%€7k▲ 48.8%€29k▲ 289%
Net result€636-€2k▲ 264%€4k▲ 92.3%€21k▲ 375%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2022: €3k€3kNet result 2022: €636€636Operating result 2023: €5k€5kNet result 2023: €2k€2kOperating result 2024: €7k€7kNet result 2024: €4k€4kOperating result 2025: €29k€29kNet result 2025: €21k€21k2022202320242025
The operating result has risen three years in a row; 2025 is 289% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets €9k▼ 63.9%
Current assets €60k▲ 40.1%
Equity and liabilities €68k
Equity €43k▲ 99.0%
Debt €26k▼ 43.2%
The debt ratio falls from 68.1% to 37.8%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44k
2024 · €23k
Cash flow
€37k
2024 · €20k
Solvency
62.2%
2024 · 31.9%
Current ratio
2.30
2024 · 1.20
Quick ratio
2.30
2024 · 1.20
Debt / equity
0.61
2024 · 2.13
ROE
49.8%
2024 · 20.9%
ROA
30.9%
2024 · 6.7%
Interest coverage
50.84
2024 · 24.75
Debt
€26k
2024 · €46k
Debt ≤ 1 year
€26k
2024 · €35k
Income taxes
€7k
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Total assets 20/58€67k€68k
Fixed assets 21/28€24k€9k
Tangible fixed assets 22/27€24k€9k
Current assets 29/58€43k€60k
Amounts receivable within one year 40/41€22k€57k
Cash & bank 54/58€20k€2k
Total equity & liabilities 10/49€67k€68k
Equity 10/15€21k€43k
Contributions / capital 10/11€6k€6k=
Reserves 13€32k€32k=
Accumulated profits (losses) 14€-17k€4k
Amounts payable 17/49€46k€26k
Amounts payable after one year 17€10k-
Amounts payable within one year 42/48€35k€26k
Trade debts payable within one year 44€105€206
Income statement Code20242025
Turnover 70€162k€170k
Gross operating margin 9900€24k€45k
Operating result 9901€7k€29k
Financial income 75€0-
Financial charges 65€929€872
Result before taxes 9903€6k€28k
Income taxes 67/77€2k€7k
Net result for the period 9904€4k€21k
Result to be appropriated 9905€4k€21k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2022net €21k ▲375%
Operating result €29k, net result €21k, both a record.
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
26-01
State Gazette act Statutes amendment
v3.2
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
11-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 103 days late
2018
29-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
22-03
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 234 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read

Directors · office · real estate

Directors
1 director, no change since 2024
Godeau Jean-Marc
Administrateur non statutaire · since 26-01-2024
Current
26-01-2024 Appointed as Administrateur non statutaire
Location & real-estate footprint
Registered office, Merbes-le-Château · 1 establishment unit since 2008
exact location from the address register On OpenStreetMap
Ground area
562 m²
Building footprint
366 m²
Volume, LiDAR
5,831 m³
2 parcels, Flanders, Wallonia · tallest building 23.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
e4SAFE
Koninginnelaan 70, 8400 OostendeComputer programming, consultancy and related activities
since 20082.171.737.948
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
35386D0245/00B004 Flanders 311 m² 1 · 311 m² 23.7 m · 7 fl.
56050A0102/00A000 Wallonia 251 m² 1 · 56 m² 10.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 82,369 companies in sector 70200 we hold annual accounts for 50,889. 35,870 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-05-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 21-07-2026. Scores and ratios are computed by Checked and are not a credit decision.