Skip to content

FIRST SAFETY TRADING

Active
Private limited companyfounded 2020active for 6 yearsPlace Lt. Graff 15, 1780 Wemmel, BelgiumKBO/BCE: BE 0751.605.488
Summary

FIRST SAFETY TRADING has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,729 and a net result of €36,407. Equity has been growing by about 54% per year since 2021. Its solvency ranks better than 48% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 29-07-2020 Normal situation
Activity
Retail trade NACE 47519and 1 other
Establishment units
2.305.778.486 1090 Jette, since 10-08-2020
2.331.670.063 1090 Jette, since 15-04-2022and 1 other
Financial year end
31 December
Peppol
Reachable

Financial position

73 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€90,611
▲ 255%
Turnover
≈ €440,000
estimated
Profit
€36,407
Equity
€35,729
Total assets
€114,276
▲ 27.3%
Staff
≈ 0.6 FTE
estimated
  • 2025 accounts filed 7 days after the deadline
Score breakdownraises riskLast filed accounts filed 7 days late; 2 of the last 3 accounts lateFounded in 2020Figures for financial year 2025 (filed on 18-08-2026)lowers riskLiquidity: current ratio 1.49, cash €71,761Show the evidence

Checked score

Score 2025
73 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 80% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 56+32
equity 31.3% of total assets
Liquidity 73+30
short-term debt 53.1% · cash 62.8%
Profitability 100+99
return on assets 31.9%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 8.3% 01-2025: 10.8%▲ +2.5 percentage points vs 12-2024highest value 02-2025: 10.8%● unchanged vs 01-2025highest value 03-2025: 10.8%● unchanged vs 02-2025highest value 04-2025: 6.0%▼ -4.8 percentage points vs 03-2025 05-2025: 6.6%▲ +0.6 percentage points vs 04-2025 06-2025: 6.1%▼ -0.5 percentage points vs 05-2025 07-2025: 6.0%▼ -0.1 percentage points vs 06-2025 08-2025: 7.0%▲ +1.0 percentage point vs 07-2025 09-2025: 7.8%▲ +0.8 percentage points vs 08-2025 10-2025: 4.8%▼ -3.0 percentage points vs 09-2025 11-2025: 4.8%● unchanged vs 10-2025 12-2025: 4.8%● unchanged vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 4.8%● unchanged vs 01-2026 03-2026: 3.0%▼ -1.8 percentage points vs 02-2026 04-2026: 3.1%▲ +0.1 percentage points vs 03-2026 05-2026: 3.0%▼ -0.1 percentage points vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 4.0%▲ +1.0 percentage point vs 07-2026 09-2026: 0.7%▼ -3.3 percentage points vs 08-2026 10-2026: 0.6%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.49 (0.77 in 2024), below the usual 1.5. Short-term debt is 53.1% and cash 62.8% of total assets. 68.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 47% of them on solvency, 79% on liquidity, 96% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.49, cash €71,761
NBB · annual accounts
raises risk · Last filed accounts filed 7 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Figures for financial year 2025 (filed on 18-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
7 days late
2024
50 days late
2023
225 days late
2022
32 days late
2021
16 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 66 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €14,517 in 2024 €36,407 View
  • Positive: Higher net result than 83% of companies in retail tradesector median €5,083 · 22,756 companies €36,407 View

Recent changes

  1. · Gazette deed Registered office moved from Jette to WemmelNew seat: Place Lt. Graff 15, 1780 Wemmel · Previous seat: Broustinlaan 3, 1090 Jette
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as FIRST SAFETY TRADING: retail trade (NACE 47519). They are comparable in size and age: total assets between €84,400 and €168,000, founded between 2019 and 2021.

CompanyTotal assetsGross margin
FIRST SAFETY TRADING Jette€114,276€90,611
CHIQ MODE Schaarbeek€143,736€102,988
FL DEVELOPMENT Ukkel€167,632€122,448
H&M STYLE Sint-Pieters-Leeuw€101,913€76,576
Interieur Folies Mechelen€110,253€81,136
Minestrone-ART Oudenaarde€116,439€45,820
Femperial Anderlecht€84,415€47,590
Full comparison

Key facts about FIRST SAFETY TRADING

What is the company number of FIRST SAFETY TRADING?
The company number of FIRST SAFETY TRADING is 0751.605.488. The VAT number is the same number with BE in front: BE 0751.605.488.
Where is FIRST SAFETY TRADING based?
The registered office is at Broustinlaan 3, 1090 Jette.Company details
What does FIRST SAFETY TRADING do?
According to the KBO register, the main activity is retail trade (NACE 47519).
What is the legal form of FIRST SAFETY TRADING?
The legal form of FIRST SAFETY TRADING is Private limited company (BV).
When was FIRST SAFETY TRADING founded?
FIRST SAFETY TRADING was founded on 29-07-2020.
Is FIRST SAFETY TRADING still active?
Yes, FIRST SAFETY TRADING is an active enterprise in the KBO register.
What is the turnover of FIRST SAFETY TRADING?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €90,611 and 35 comparable companies (NACE 475). It probably lies between €240,000 and €750,000. In financial year 2022 turnover was €254,564.Financials
Is FIRST SAFETY TRADING profitable?
In financial year 2025, FIRST SAFETY TRADING made a profit of €36,407.
Where can I find the annual accounts of FIRST SAFETY TRADING?
FIRST SAFETY TRADING filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIRST SAFETY TRADING due?
FIRST SAFETY TRADING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.