Equity
-€9,810
Debts exceed assets in financial year 2025.
AL SAFA
Lifetime
16 annual accounts with figures on one time axis, 31 filings since 1995peak €11,489 (2012)
-€605▲ €437
lowest -€11,127 (2023)
-€2,050▲ €8,922
peak €92,957 (2014)
-€9,810▼ €2,050
€52,310▲ 4.1%
Board5 names since 2018
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€1,042 to -€605Loss of €2,050Equity from -€7,760 to -€9,810
Key points
from the 2025 annual accountsLosses
-€102,766 in eleven years
Every financial year from 2015 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€52,310 123% of the balance sheet
After one year 97%Within one year 3%
Of this, €1,445 falls due within a year.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,792 companies had the same profile as AL SAFA has now. Each dot stands for 7 companies, two years later.
90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,792 companies, not a prediction for AL SAFA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 22-11-2023
- 50 sharesdeed of 30-11-2023
- 50 sharesdeed of 30-11-2023
- deed of 30-11-2023
Recent changes
Registered office moved from Molenbeek-Saint-Jean to Koekelberg
Transfer of 17 shares from to · Transfer of 17 shares from to · New registered office: rue Philippe Piermez, n°16 à 1081 Koekelberg · General meeting of 30-06-2023 · Gazette deed
3 directors appointed, 1 resignation
Transfer of 34 shares from to · Transfer of 16 shares from to · Transfer of 17 shares from to · General meeting of 31-03-2018 · Gazette deed
First establishment
Waterloosesteenweg 757, Uccle
Incorporation
published on 19-04-1995 · Gazette deed
Official details
Source: KBO- Status
- Active since 23-03-1995Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.071.469.4441180 Uccle, since 05-05-1995
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on AL SAFA
AL SAFA files the micro format. That format states no turnover. The gross margin fell from €11,196 in 2010 to -€605 in 2025.
In November 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AL SAFA
- What is the company number of AL SAFA?
- The company number of AL SAFA is 0454.870.513. The VAT number is the same number with BE in front: BE 0454.870.513.
- Where is AL SAFA based?
- The registered office is at Philippe Piermezstraat 16, 1081 Koekelberg.Company details
- What is the legal form of AL SAFA?
- AL SAFA is a public limited company (NV).
- When was AL SAFA founded?
- AL SAFA was founded on 23-03-1995.
- Is AL SAFA still active?
- Yes, AL SAFA is an active enterprise in the KBO register.
- What is the turnover of AL SAFA?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is AL SAFA profitable?
- In financial year 2025, AL SAFA made a loss of €2,050.
- Where can I find the annual accounts of AL SAFA?
- AL SAFA filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AL SAFA due?
- AL SAFA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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