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Complete company report
Generated 28-06-2026
Active BE 0779.976.802Private limited company

MN SAFTY

Bredabaan 295 ·2170 Antwerpen, Belgium· 4 yrs active
Sector: Wholesale trade (46421)
Conclusion Checked

The computed 12-month bankruptcy probability of MN SAFTY is 2.2% (average). The 2023 annual accounts show equity of €38k and a net result of €25k. Its solvency ranks better than 66% of 556 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €38k
Net result €25k
Better than sector 66%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health97Profitability87Solvency82Growth85Stability94
89 / 100

Exceptional profile — strong across almost every axis.

Health 97
Profitability 87
Solvency 82
Growth 85
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.2% Average
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
97 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 27-09-2024 with the NBB · fiscal year 2023 · micro
€0€100k€200kRevenue 2022: €123k€123kOperating result 2022: €4k€4kNet result 2022: €3k€3kRevenue 2023: €220k€220kOperating result 2023: €35k€35kNet result 2023: €25k€25k20222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 46 — Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 43.1% 24.1%
better than 66% of 556 sector peers
Net result €25k €4k
better than 75% of 552 sector peers
Equity €38k €14k
better than 72% of 558 sector peers
Gross operating margin €56k €15k
better than 77% of 552 sector peers
Staff costs €18k €20k
higher than 47% of 121 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€220k
+78.7% ≈ vs sector
EBITDA
€35k
+668.6% -12% vs sector
Net profit
€25k
+841.1% -4% vs sector
Cash flow
€25k
+830.9% -14% vs sector
Total assets
€88k
+116.0% ≈ vs sector
Equity
€38k
+198.4% +12% vs sector
Working capital
€36k
+198.9% +32% vs sector
Staff costs
€18k
-54.3% ≈ vs sector
Income taxes
€9k
+758.1% ≈ vs sector
Debt
€50k
+78.6% -8% vs sector
Debt ≤ 1y
€50k
+78.6% +30% vs sector
Current ratio
1.72
+20.3% ≈ vs sector
Quick ratio
0.76
-6.0% -19% vs sector
Solvency
43.1%
+38.1% +9% vs sector
Debt / equity
1.32
-40.1% -15% vs sector
ROE
66.5%
+215.4% -6% vs sector
ROA
28.7%
+335.6% -4% vs sector
Net margin
11.4%
+426.8% ≈ vs sector
EBITDA margin
15.8%
+330.2% ≈ vs sector
Interest coverage
70.04
+1127.5% +109% vs sector
Figures by fiscal year
Fiscal year2023
Revenue€220k
EBITDA€35k
Net profit€25k
Cash flow€25k
Staff costs€18k
Income taxes€9k
Dividends—
Total assets€88k
Equity€38k
Debt€50k
of which ≤ 1y€50k
of which > 1y—
Working capital€36k
Employees (FTE)—
Ratios (computed)
2023
Current ratio1.72
Quick ratio0.76
Working capital ratio41.2%
Solvency43.1%
Debt / equity1.32
Long-term debt ratio—
Interest coverage70.04
Gross margin25.4%
Net margin11.4%
ROA28.7%
ROE66.5%
EBITDA margin15.8%
Days sales outstanding40d
Days payable outstanding31d
Inventory turnover3.41
Days inventory (DSI)107d
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€88k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€86k
Stocks & contracts in progress 3€48k
Amounts receivable within one year 40/41€24k
Cash & bank 54/58€14k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€88k
Equity 10/15€38k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€28k
Amounts payable 17/49€50k
Amounts payable within one year 42/48€50k
Trade debts payable within one year 44€14k
Income statement
Turnover 70€220k
Gross operating margin 9900€56k
Operating result 9901€35k
Financial income 75€0
Financial charges 65€498
Result before taxes 9903€34k
Income taxes 67/77€9k
Net result for the period 9904€25k
Result to be appropriated 9905€25k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Wholesale trade(46421)
Legal form Private limited company(610)
Incorporation11-01-2022
StatusActive
Postal code2170
Establishment units 1 location
MN SAFETY
Bredabaan 295, 2170 AntwerpenGroothandel in werkkleding
since 20222.327.686.432
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0436/00V000 Flanders 326 m² 1 · 153 m² 13.9 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
27-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
26-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
24-04-2023
State Gazette act Capital & shares
Belgisch Staatsblad — acts 1 acts
Capital history · 1
24-04-2023
Capital change
All acts · 1 updated 3 years ago
2023
24-04-2023 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Dhr Haroun, Ibrahim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-04-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-04-01",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-03-22"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0779.976.802",
    "name_full": "MN SAFTY",
    "legal_form": "B.V.",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Dhr Haroun, Ibrahim",
      "role": "g\u00E9rant_statutaire",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Groothandel in werkkleding46421Groothandel in werkkleding46421
Primary activity highlighted.
Names & trade names
Legal nameNL MN SAFTY
Registered office
Bredabaan 295
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative