Active BE 0882.275.277Private limited company (pre-2019)

S-SAFETY

Pelgrimsweg 28 ·1785 Merchtem, Belgium· 20 yrs active

Sector: Engineering and related technical consultancy, excluding land surveyors (71121)

Conclusion Checked

S-SAFETY has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €130k and a net result of €-26k. Its solvency ranks better than 95% of 3386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€130k
Net result	€-26k
Better than sector	95%
Active	20 yrs

Financial profile 5 of 5 axes measured · computed by Checked

57 / 100

Mixed profile: strong on solvency, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 52

Profitability 0

Solvency 100

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2006, 20 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

52 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview18 NBB filings

Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	92.4%	55.0%	better than 95% of 3386 sector peers
Net result	€-26k	€19k	better than 5% of 3386 sector peers
Equity	€130k	€45k	better than 85% of 3388 sector peers
Gross operating margin	€-15k	€38k	better than 5% of 3383 sector peers
Total assets	€141k	€95k	better than 67% of 3387 sector peers

EBITDA

€-16k

-594.2% 23-24

Net profit

€-26k

-107.9% 23-24

Cash flow

€-15k

-625.5% 23-24

Total assets

€141k

-13.2% 23-24

Equity

€130k

-16.5% 23-24

Working capital

€68k

-18.6% 23-24

Debt

€11k

+67.9% 23-24

Debt ≤ 1y

€11k

+67.9% 23-24

Current ratio

7.34

-47.9% 23-24

Quick ratio

7.34

-47.9% 23-24

Solvency

92.4%

-3.8% 23-24

Debt / equity

0.08

+101.0% 23-24

ROE

-19.7%

-148.9% 23-24

ROA

-18.2%

-139.5% 23-24

Interest coverage

-79.40

-869.2% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro schema
Revenue	-
EBITDA	€-16k
Net profit	€-26k
Cash flow	€-15k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€141k
Equity	€130k
Debt	€11k
of which ≤ 1y	€11k
of which > 1y	-
Working capital	€68k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	7.34
Quick ratio	7.34
Working capital ratio	47.9%
Solvency	92.4%
Debt / equity	0.08
Long-term debt ratio	-
Interest coverage	-79.40
Gross margin	-
Net margin	-
ROA	-18.2%
ROE	-19.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €63k · 44.5% Current assets €78k · 55.5%

Equity & liabilities

Equity €130k · 92.4% Debt €11k · 7.6%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€141k
Fixed assets	21/28	€63k
Tangible fixed assets	22/27	€59k
Financial fixed assets	28	€4k
Current assets	29/58	€78k
Amounts receivable within one year	40/41	€78k
Cash & bank	54/58	€38
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€141k
Equity	10/15	€130k
Contributions / capital	10/11	€12k
Reserves	13	€252k
Accumulated profits (losses)	14	€-134k
Amounts payable	17/49	€11k
Amounts payable within one year	42/48	€11k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€-15k
Operating result	9901	€-26k
Financial income	75	€398
Financial charges	65	€197
Result before taxes	9903	€-26k
Net result for the period	9904	€-26k
Result to be appropriated	9905	€-26k

Legal Structure

NACE primary	Engineering and related technical consultancy, excluding land surveyors(71121)
Legal form	Private limited company (pre-2019)(015)
Incorporation	04-07-2006
Status	Active
Postal code	1785

Establishment units 1 location

S-SAFETY

Pelgrimsweg 28, 1785 MerchtemNACE 7460101

since 20062.156.105.409

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23602H0602/00B000	Flanders	1,986 m²	1 · 97 m²	7.3 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 10Filings 10

2025

04-07