SAFA-NAJ
ActiveSummary
The computed 12-month bankruptcy probability of SAFA-NAJ is 3.6% (moderate). The 2025 annual accounts show equity of €15k and a net result of €-2k. Its solvency ranks better than 86% of 4654 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-43
Solvency100=
Growth32
Track record82
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.13 against 2.83 in 2024; short-term debt: 20.4% and cash: 48.1% of total assets), and 20.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
79.6%
Return on assets
-9.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-09-2026, 51 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 · 2 filingsDeviation from the deadline
2025
51 d late
2024
12 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 10.5%
2024 · €17k
Total assets
€19k▼ 7.2%
2024 · €20k
Net result
€-2k
2024 · €7k
Working capital
€8k▲ 25.4%
2024 · €7k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€9k-€-2k
Net result€7k-€-2k
Equity€17k-€15k▼ 10.5%
Total assets€20k-€19k▼ 7.2%
Debt€4k-€4k▲ 7.9%
Working capital€7k-€8k▲ 25.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€7k ▼ 33.4%
Current assets
€12k ▲ 19.2%
Equity and liabilities €19k
Equity
€15k ▼ 10.5%
Debt
€4k ▲ 7.9%
Debt's share of the balance-sheet total rises from 17.5% to 20.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €12k
Cash flow
€2k▼
2024 · €10k
Current ratio
3.13▲
2024 · 2.83
Debt to equity
0.26▲
2024 · 0.21
ROE
-11.7%▼
2024 · 40.5%
ROA
-9.3%▼
2024 · 33.4%
Interest coverage
37.98
Debt ≤ 1 year
€4k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | ▼ 0.3% |
| Other operating charges640/8 | €833 | €1k | ▲ 55.3% |
| Gross operating margin9900 | €13k | €3k | ▼ 76.8% |
| Operating profit (loss)9901 | €9k | €-2k | ▼ 120% |
| Financial charges65/66B | - | €45 | - |
| Recurring financial charges65 | - | €45 | - |
| Profit (loss) for the period before taxes9903 | €9k | €-2k | ▼ 120% |
| Income taxes67/77 | €2k | - | - |
| Profit (loss) for the period9904 | €7k | €-2k | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-2k | ▼ 126% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20k | €19k | ▼ 7.2% |
| Fixed assets21/28 | €10k | €7k | ▼ 33.4% |
| Tangible fixed assets22/27 | €10k | €7k | ▼ 33.4% |
| Furniture and vehicles24 | €10k | €7k | ▼ 33.4% |
| Current assets29/58 | €10k | €12k | ▲ 19.2% |
| Amounts receivable within one year40/41 | €4k | €2k | ▼ 53.3% |
| Trade receivables40 | €1k | €125 | ▼ 89.9% |
| Other amounts receivable41 | €3k | €2k | ▼ 36.7% |
| Cash at bank and in hand54/58 | €6k | €9k | ▲ 49.9% |
| Deferred charges and accrued income490/1 | €86 | €1k | ▲ 1,202% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €20k | €19k | ▼ 7.2% |
| Equity10/15 | €17k | €15k | ▼ 10.5% |
| Contributions10/11 | €10k | €10k | = |
| Profit (loss) carried forward14 | €7k | €5k | ▼ 25.8% |
| Amounts payable17/49 | €4k | €4k | ▲ 7.9% |
| Amounts payable within one year42/48 | €4k | €4k | ▲ 7.9% |
| Trade debts44 | €2k | €2k | ▲ 15.7% |
| Suppliers440/4 | €2k | €2k | ▲ 15.7% |
| Taxes, remuneration and social security45 | €2k | €2k | = |
| Taxes450/3 | €2k | €2k | = |
| Other amounts payable47/48 | - | €12 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-2k | ▼ 126% |
| + Depreciation and write-downs630 | €3k | €3k | ▼ 0.3% |
| Operating cash flow (approximation) | €10k | €2k | ▼ 83.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €3k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 51 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kraainem · 1 establishment unit since 2023
Ground area
1.2 ha
Building footprint
1,173 m²
Volume, LiDAR
39,436 m³
2 parcels, Brussels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
SAFA-NAJ
since 20232.351.243.178
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 21911C0141/00N004 | Brussels | 307 m² | 1 · 307 m² | 20.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,683 companies in sector 49330 we hold annual accounts for 2,292. 1,979 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
52210Service activities incidental to land transportation
Scores and ratios are computed by Checked and are not a credit decision.