SAFTA
ActiveSummary
SAFTA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-29k) and a net result of €-63k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-38
Solvency17▼-30
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9 against 1.21 in 2024; short-term debt: 108.1% and cash: 17.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-8.1%
Return on assets
-17.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-29k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 d late
2023
37 d early
2022
50 d late
2021
30 d late
2020
54 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-29k
2024 · €34k
2018: €21k
2019: €29k
2020: €34k
2021: €27k
2022: €32k
2023: €33k
2024: €34k
2018 → 2025
Total assets
€351k▲ 128%
2024 · €154k
2018: €165k
2019: €94k
2020: €94k
2021: €30k
2022: €42k
2023: €37k
2024: €154k
2018 → 2025
Net result
€-63k
2024 · €1k
2018: €-59k
2019: €35k
2020: €35k
2021: €-6k
2022: €4k
2023: €2k
2024: €1k
2018 → 2025
Working capital
€-36k
2024 · €25k
2018: €210
2019: €-11k
2020: €5k
2021: €21k
2022: €18k
2023: €23k
2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€32k▲ 16.4%€33k▲ 5.3%€34k▲ 3.5%€-29k
Operating result€-6k-€7k€6k▼ 18.0%€2k▼ 64.5%€-57k
Net result€-6k-€4k€2k▼ 62.0%€1k▼ 30.5%€-63k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €57k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €351k
Fixed assets
€8k ▼ 16.1%
Current assets
€343k ▲ 138%
Key figures and ratios
EBITDA
€-55k▼
2024 · €4k
Cash flow
€-61k▼
2024 · €3k
Solvency
-8.1%▼
2024 · 22.4%
Current ratio
0.90▼
2024 · 1.21
Debt to equity
-13.30▼
2024 · 3.47
ROA
-17.9%▼
2024 · 0.8%
Interest coverage
-8.85▼
2024 · 2.24
Debt
€379k▲
2024 · €119k
Debt ≤ 1 year
€379k▲
2024 · €119k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€154k€351k▲
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€9k€8k▼
Land and buildings22€8k€7k▼
Furniture and vehicles24€1k€961▼
Current assets29/58€144k€343k▲
Amounts receivable within one year40/41€134k€281k▲
Trade receivables40€132k€269k▲
Other amounts receivable41€2k€12k▲
Cash at bank and in hand54/58€10k€60k▲
Deferred charges and accrued income490/1€583€2k▲
Equity and liabilities
Total equity and liabilities10/49€154k€351k▲
Equity10/15€34k€-29k▼
Contributions10/11€39k€39k=
Profit (loss) carried forward14€-4k€-67k▼
Amounts payable17/49€119k€379k▲
Amounts payable within one year42/48€119k€379k▲
Trade debts44€87k€373k▲
Suppliers440/4€87k€373k▲
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€27k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€24k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€831€520▼
Gross operating margin9900€5k€-55k▼
Operating profit (loss)9901€2k€-57k▼
Financial income75/76B€3k€120▼
Recurring financial income75€3k€120▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€3k€-63k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€1k€-63k▼
Profit (loss) for the period to be appropriated9905€1k€-63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-67k▼
Profit (loss) brought forward from the previous period14P€-5k€-4k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-63k ▼5465%
Net result drops to €-63k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.82
Current ratio from 2.69 to 7.82; short-term debt falls from €11k to €3k.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity times 7current ratio 7.65
Current ratio from 1.07 to 7.65; short-term debt falls from €66k to €3k.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
Show earlier events
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 145 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 245 days late
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 210 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Noordkaai 112170 Antwerpen1 establishment unit
Micthosim
since 20062.157.579.413
Similar companies · same sector, comparable size
VDK Consult
BE 0846.765.854
Brasschaat · Eq €34,449
Nutrimi
BE 0774.928.347
Deinze · Eq €34,318
TER BRUGGEN
BE 0456.151.012
Londerzeel · Eq €34,533
COVAGO SRL
BE 0777.610.101
Ottignies-Louvain-la-Neuve · Eq €34,201
FOODMORNINGS
BE 0761.769.704
Zaventem · Eq €34,721
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 450 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
52249Warehousing and support activities for transportation
52250Logistics services
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filings
Scores and ratios are computed by Checked and are not a credit decision.