S.A.F.O
A bankruptcy procedure is open for S.A.F.O according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €33k and a net result of €-4k.
| Equity | €33k |
| Net result | €-4k |
| Active | 8 yrs |
| Locations | 1 |
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2024 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €112 |
| Net profit | €-4k |
| Cash flow | €-1k |
| Staff costs | - |
| Income taxes | €62 |
| Dividends | - |
| Total assets | €64k |
| Equity | €33k |
| Debt | €31k |
| of which ≤ 1y | €31k |
| of which > 1y | - |
| Working capital | €33k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.07 |
| Quick ratio | 2.07 |
| Working capital ratio | 51.8% |
| Solvency | 51.8% |
| Debt / equity | 0.93 |
| Long-term debt ratio | - |
| Interest coverage | 0.03 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.1% |
| ROE | -11.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €64k |
| Current assets | 29/58 | €64k |
| Amounts receivable within one year | 40/41 | €64k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €64k |
| Equity | 10/15 | €33k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €14k |
| Amounts payable | 17/49 | €31k |
| Amounts payable within one year | 42/48 | €31k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €112 |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-4k |
| Income taxes | 67/77 | €62 |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
24-03-2026 → present | Belgian State Gazette |
| NACE primary | Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding(47793) |
| Legal form | Private limited company(610) |
| Incorporation | 18-10-2017 |
| Status | Active |
| Postal code | 1930 |
| First insolvency signal | 30-03-2026 |
| Latest insolvency signal | 30-03-2026 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0451/00P004 | Brussels | 533 m² | 1 · 404 m² | 28.7 m · 8 fl. |
| 23094D0317/00C002 | Flanders | 191 m² | 1 · 60 m² | 9.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-03-2026 Bankruptcy Opening
31-07-2025 NBB filing Annual accounts filed
19-07-2025 NBB filing Annual accounts filed
06-02-2023 NBB filing Annual accounts filed
20-12-2022 State Gazette act Director changes
20-12-2022 State Gazette act Registered-office change
08-07-2022 NBB filing Annual accounts filed
31-08-2021 NBB filing Annual accounts filed
13-10-2020 NBB filing Annual accounts filed
31-01-2020 NBB filing Annual accounts filed
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-12-2022 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "MEHMED Orhan Sebaydin",
"address": "1930 Zaventem, Bosstraat 3",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Beno\u00EEt BODSON",
"firm_city": null,
"firm_name": null,
"office_city": "Anderlecht",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-12-20",
"filing_date": "2022-07-25",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-10-03",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0683.490.110",
"name_full": "S.A.F.O",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Beno\u00EEt BODSON",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"une exp\u00E9dition de l\u0027acte",
"le rapport de gestion"
],
"corrected_publication_numac": null
}20-12-2022 Registered office moved from Schaarbeek to Zaventem
- 1030 Schaarbeek, Rue Anatole France 106 → 1930 Zaventem, Bosstraat 3
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1930 Zaventem, Bosstraat 3",
"city": "Zaventem",
"region": "vlaams_gewest",
"street": "Bosstraat",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "1030 Schaarbeek, Rue Anatole France 106",
"city": "Schaarbeek",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue Anatole France",
"country": "BE",
"postcode": "1030",
"box_number": null,
"street_number": "106",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Beno\u00EEt BODSON",
"firm_city": null,
"firm_name": null,
"office_city": "Anderlecht",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-12-20",
"filing_date": "2022-12-12",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2022-10-03",
"unanimous": true
},
"subject_company": {
"kbo": "0683.490.110",
"name_full": "S.A.F.O",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Rechtszekerheid Brussel 2",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van akte",
"beheersverslag"
]
}| Legal nameFR | S.A.F.O |