SAF MODE
ActiveThe computed 12-month bankruptcy probability of SAF MODE is 1.5% (moderate). The 2024 annual accounts show equity of €5k and a net result of €-184. Equity is shrinking by ~3.3% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Age of the figures
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 17-09-2025, 48 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
58 d late
2022
53 d late
2021
60 d late
2019
27 d late
2018
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 3.6%
2023 · €5k
2018: €6k
2019: €6k
2021: €6k
2022: €5k
2023: €5k
2018 → 2024
Total assets
€5k▼ 3.6%
2023 · €5k
2018: €6k
2019: €6k
2021: €6k
2022: €5k
2023: €5k
2018 → 2024
Net result
€-184=
2023 · €-184
2018: €-64
2019: €-335
2021: €0
2022: €-177
2023: €-184
2018 → 2024
Working capital
Not included in this filing
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€6k-€6k▼ 3.7%€5k▼ 3.2%€5k▼ 3.4%€5k▼ 3.6%
Operating result€-174-€0€-177€-184▼ 3.7%€-184=
Net result€-335-€0€-177€-184▼ 3.7%€-184=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €184 in 2024 against €184 in 2023.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5k€5k▼
Current assets29/58€5k€5k▼
Cash at bank and in hand54/58€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€5k€5k▼
Equity10/15€5k€5k▼
Contributions10/11€6k€6k=
Reserves13€166€166=
Non-distributable reserves130/1€166€166=
Reserves not available under the articles1311€166€166=
Profit (loss) carried forward14€-1k€-1k▼
Income statement
Code20232024
Other operating charges640/8€184€184=
Gross operating margin9900€0€0=
Operating profit (loss)9901€-184€-184=
Profit (loss) for the period before taxes9903€-184€-184=
Profit (loss) for the period9904€-184€-184=
Profit (loss) for the period to be appropriated9905€-184€-184=
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-1k▼
Profit (loss) brought forward from the previous period14P€-1k€-1k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €-335
Net result drops to €-335, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
04-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 38 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2013
18-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 505 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge
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.
Heiststraat 438380 BruggeGround area
228 m²
Building footprint
65 m²
Volume, LiDAR
581 m³
Parcel 31812P0072/00C002, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31812P0072/00C002 | Flanders | 228 m² | 1 · 65 m² | 11.7 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-2011
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.