SAFTECH
ActiveSAFTECH has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €2k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+74
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 9.73 against 18.27 in 2023; short-term debt: 9.4% and cash: 16.5% of total assets), and 9.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
90.6%
Return on assets
4.2%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
31 d late
2021
19 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 4.8%
2023 · €32k
2019: €38k
2020: €54k
2021: €89k
2022: €68k
2023: €32k
2019 → 2024
Total assets
€37k▲ 10.1%
2023 · €33k
2019: €90k
2020: €96k
2021: €121k
2022: €86k
2023: €33k
2019 → 2024
Net result
€2k
2023 · €-36k
2019: €32k
2020: €16k
2021: €35k
2022: €-21k
2023: €-36k
2019 → 2024
Working capital
€30k▲ 8.9%
2023 · €28k
2019: €4k
2020: €19k
2021: €58k
2022: €49k
2023: €28k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€89k▲ 66.2%€68k▼ 23.5%€32k▼ 53.4%€33k▲ 4.8%
Operating result€22k-€40k▲ 83.4%€-15k€-28k▼ 79.3%€2k
Net result€16k-€35k▲ 128%€-21k€-36k▼ 73.6%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €28k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37k
Fixed assets
€3k▼ 23.3%
Current assets
€34k▲ 14.7%
Equity and liabilities €37k
Equity
€33k▲ 4.8%
Debt
€3k▲ 115%
The debt ratio rises from 4.8% to 9.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▲
2023 · €-13k
Cash flow
€2k▲
2023 · €-21k
Solvency
90.6%▼
2023 · 95.2%
Current ratio
9.73▼
2023 · 18.27
Quick ratio
9.73▼
2023 · 18.27
Debt / equity
0.10▲
2023 · 0.05
ROE
4.6%▲
2023 · -114.8%
ROA
4.2%▲
2023 · -109.2%
Interest coverage
24.76▲
2023 · -82.06
Debt
€3k▲
2023 · €2k
Debt ≤ 1 year
€3k▲
2023 · €2k
Income taxes
€2k▼
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€37k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€523€41▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€29k€34k▲
Amounts receivable within one year40/41€26k€28k▲
Trade receivables40€8k€9k▲
Other amounts receivable41€18k€18k▲
Cash at bank and in hand54/58€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€33k€37k▲
Equity10/15€32k€33k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€24k€25k▲
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€390€2k▲
Taxes450/3€390€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€929▼
Other operating charges640/8€915€426▼
Gross operating margin9900€-11k€4k▲
Operating profit (loss)9901€-28k€2k▲
Financial income75/76B€12€1k▲
Recurring financial income75€12€1k▲
Financial charges65/66B€156€137▼
Recurring financial charges65€156€137▼
Profit (loss) for the period before taxes9903€-28k€3k▲
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€-36k€2k▲
Profit (loss) for the period to be appropriated9905€-36k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€25k▲
Profit (loss) brought forward from the previous period14P€60k€24k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 18.27
Current ratio from 3.78 to 18.27; short-term debt falls from €18k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Highest result since 2019net €35k ▲128%
Operating result €40k, net result €35k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Jette · 1 establishment unit since 2018
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.
Pannenhuisstraat 1631090 JetteGround area
258 m²
Building footprint
105 m²
Volume, LiDAR
904 m³
Parcel 21464D0107/00Z000, Brussels · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAFTECH
since 20182.277.808.042
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0107/00Z000 | Brussels | 258 m² | 1 · 105 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
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.
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Of 29,995 companies in sector 62200 we hold annual accounts for 18,391. 14,512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
58290Other software publishing
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
74300Other professional, scientific and technical activities
74301Translation services
77330Rental and leasing activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.