Turnover
≈ €110,000 estimated
The micro format states no turnover.
SAFA TECH
Overview
Lifetime
4 annual accounts with figures on one time axispeak €37,532 (2023)
€14,706▼ 60.8%
lowest -€8,182 (2024)
-€8,182▼ €28,683
peak €39,036 (2023)
€30,855▼ 21.0%
€62,962▲ 15.8%
Board1 name since 2020
-
Documentsfilings and deeds
03-06-202558 days before the deadline
2024micro format
Gross margin from €37,532 to €14,706Loss of €8,182Equity from €39,036 to €30,855Debts from €54,376 to €62,962Cash from €18,173 to €4,552
Key points
from the 2024 annual accountsInvestments
€28,000 1.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.26 was 2.82 in 2023
Short-term debts rose from €13,978 to €23,114.
Filings
4 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€6,000 100 shares
Position in the sector
-€8,182
Lower net result than 87% of companies in civil engineering. Sector median €10,886 · 1,312 companies.
Checked score
47
Fair
Financially stronger than 32% of micro companies in civil engineering (NACE 42)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025lowest value
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.1 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 2.1%▲ +1.2 percentage points vs 06-2025
08-2025: 2.1%● unchanged vs 07-2025
09-2025: 2.0%▼ -0.1 percentage points vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 1.9%▼ -0.1 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 2.0%▲ +0.1 percentage points vs 04-2026
06-2026: 2.0%● unchanged vs 05-2026
07-2026: 2.1%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +0.5 percentage points vs 07-2026
09-2026: 2.7%▲ +0.1 percentage points vs 08-2026
10-2026: 4.3%▲ +1.6 percentage points vs 09-2026highest value
11-2026: 4.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 05-06-2025)
1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
Founded in 2020
lowers risk
Size: total assets €93,817
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 42, micro). It does better than 37% of them on solvency, 42% on liquidity, 29% on profitability and 20% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as SAFA TECH has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SAFA TECH itself is higher: 4.3% within 12 months. It rests on far more data about SAFA TECH than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for SAFA TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.26 (2.82 in 2023), below the usual 1.5. Short-term debt is 24.6% and cash 4.9% of total assets. 67.1% of the assets are financed with debt and provisions.
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
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
58 days early
2023
57 days early
2022
53 days late
2021
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 8 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0746969482
Registered office moved from Merchtem to Lokeren
New registered office: Voermanstraat 6, 9160 LOKEREN · Previous registered office: Reedijk 39, 1785 Merchtem · General meeting of 24-01-2022 · Gazette deed
First establishment
Voermanstraat 6, Lokeren
Incorporation
Founding capital of €6,000, 100 shares · Founder: BAYDU Bekir · Appointment: BAYDU Bekir (director) · published on 20-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAFA TECH Lokeren | €93,817 | €14,706 | 32.9% | - |
| REDOT Lokeren | €82,796 | €19,001 | 64.6% | - |
| SyncroTex Antwerp | €83,609 | €12,233 | 60.1% | - |
| MAGIC HANDS BUSINESS Kraainem | €115,990 | €13,083 | 53.4% | - |
| NB Solution Lokeren | €81,639 | €11,199 | 9.6% | - |
| NEFES TECHNICS Ghent | €83,425 | €12,631 | 16.4% | - |
| A-ELA TECH Antwerp | €112,844 | €12,473 | 16.6% | - |
These companies have the same main activity as SAFA TECH: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €81,600 and €116,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 18-05-2020Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 2 others
- Establishment unit
- 2.306.247.0569160 Lokeren, since 01-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2024
- €14,706▼ 60.8%
- €8,182
- €30,855▼ 21.0%
- €93,817▲ 0.4%
- Filing
- Filed on 03-06-2025
Insights on SAFA TECH
SAFA TECH files the micro format. That format states no turnover. The gross margin rose from €12,573 in 2022 to €14,706 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 03-06-2025, 58 days before the deadline2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
€14,706
▼ 60.8%
-€5,240
▼ €26,013
-€8,182
▼ €28,683
€5,922
▼ 76.7%
32.9%
▼ 8.9 percentage points
1.26
▼ 1.56
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €51,000 and €270,000.
Balance sheet
balance sheet total €93,817 on 31-12-2024What the company ownsHow it is paid for
in euro
in euro
Position in the sector
32.9%
Higher than 35% of 1,318 companies in 2024.
1.26
Higher than 35% of 1,267 companies in 2024.
-8.7%
Higher than 12% of 1,278 companies in 2024.
SAFA TECH
Middle half of the sector
80% of the sector
Micro accounts in civil engineering (NACE 42)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
93,817 | 93,412 | 18,912 | 6,000 | |
21/28 |
64,781 | 53,997 | - | - | |
22/27 |
64,781 | 53,997 | - | - | |
24 |
64,781 | 53,997 | - | - | |
29/58 |
29,036 | 39,414 | 18,912 | 6,000 | |
40/41 |
24,484 | 21,242 | 3,263 | - | |
40 |
1,283 | 0 | 3,200 | - | |
41 |
23,201 | 21,242 | 63 | - | |
54/58 |
4,552 | 18,173 | 15,649 | 6,000 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
93,817 | 93,412 | 18,912 | 6,000 | |
10/15 |
30,855 | 39,036 | 18,535 | 6,000 | |
10/11 |
6,000 | 6,000 | 6,000 | 6,000 | |
10 |
6,000 | 6,000 | 6,000 | 6,000 | |
100 |
6,000 | 6,000 | 6,000 | 6,000 | |
14 |
24,855 | 33,036 | 12,535 | - | |
17/49 |
62,962 | 54,376 | 377 | - | |
17 |
39,848 | 40,398 | - | - | |
170/4 |
39,848 | 40,398 | - | - | |
42/48 |
23,114 | 13,978 | 377 | - | |
42 |
22,643 | 12,516 | - | - | |
44 |
471 | 1,462 | 37 | - | |
440/4 |
471 | 1,462 | 37 | - | |
47/48 |
- | - | 340 | - | |
| Income statement | |||||
9900 |
14,706 | 37,532 | 12,573 | - | |
630 |
17,216 | 14,416 | - | - | |
640/8 |
2,730 | 2,342 | - | - | |
9901 |
-5,240 | 20,773 | 12,573 | - | |
65/66B |
181 | 272 | 38 | - | |
65 |
181 | 272 | 38 | - | |
9903 |
-5,421 | 20,501 | 12,535 | - | |
67/77 |
2,761 | - | - | - | |
9904 |
-8,182 | 20,501 | 12,535 | - | |
9905 |
-8,182 | 20,501 | 12,535 | - | |
| Appropriation of the result | |||||
9906 |
24,855 | 33,036 | 12,535 | - | |
14P |
33,036 | 12,535 | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 03-06-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 11,977 | 35,190 | - | - | ||
| 9,035 | 34,917 | - | - | ||
| 28,000 | 68,414 | - | - | ||
| -13,621 | 2,524 | 9,649 | - | ||
| 5,922 | 25,437 | 18,535 | - | ||
| 32.9% | 41.8% | 98.0% | 100.0% | ||
| 1.26 | 2.82 | 50.19 | - | ||
| 2.04 | 1.39 | 0.02 | - | ||
| -26.5% | 52.5% | 67.6% | - | ||
| -8.7% | 21.9% | 66.3% | - | ||
| 66.25 | over 100 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €28,000 | €68,414 | - | - |
| €17,216 | €14,416 | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on SAFA TECH
The operating result for 2024 is a loss of €5,240, after a profit of €20,773 in 2023. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 58.2% to 67.1%. Equity is lower and debt is higher.
Board & ownership
Board
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”deed of 20-05-2020
Mandates through the years
1 nameBAYDU Bekir
Director (not named in the articles)
Director (not named in the articles)
Earlierend not dated
Mandates as a list
- BAYDU Bekir
- Director (not named in the articles), appointed by deed of 20-05-2020, last mentioned in 2020
Control
Capital
- Contribution
- €6,000
- Shares
- 100
- Contribution per share
- €60
- Equity per share
- €309 in 2024
- Source
- deed of 20-05-2020
Articles of association
deed of 20-05-2020 (in Dutch)- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Indien geen andere vereffenaar benoemd, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Shareholders
At incorporation
deed of 20-05-2020 ↗
- BAYDU Bekir 100 shares (100%) · €6,000
Network & group
No group
SAFA TECH has no parent and no holdings in its annual accounts.
Connections & network
See the function holders in the KBO register.
Timeline
Timeline
10 events since 2020Filings
Financial
Establishments
Address
2020202220242026
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0746969482
Annual accounts 2024 filed PDFmicro format · 58 days before the deadline
2024
Weakest financial year net -€8,182 The net result drops to -€8,182, the lowest from 2022 to 2024.
Annual accounts 2023 filed PDFmicro format · 57 days before the deadline
2023
Highest result from 2022 to 2024 net €20,501 ▲63.5% The operating result of €20,773 and the net result of €20,501 are both a record.
Annual accounts 2022 filed PDFmicro format · 53 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
Registered office moved from Merchtem to LokerenNew registered office: Voermanstraat 6, 9160 LOKEREN · Previous registered office: Reedijk 39, 1785 Merchtem · General meeting of 24-01-20222 points ▸
- General meeting, 24-01-2022
- Registered-office move, Voermanstraat 6, 9160 LOKEREN
2020
First establishment Voermanstraat 6, Lokeren
IncorporationFounding capital of €6,000, 100 shares · Founder: BAYDU Bekir · Appointment: BAYDU Bekir (director) · published on 20-05-20204 points ▸
- Founder, BAYDU Bekir
- Founding capital, €6,000, 100 shares
- Registered office clause, Reedijk 39, 1785 Merchtem
- Director appointment, BAYDU Bekir (director (not named in the articles))
- The deed holds 4 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0746.969.482
- VAT number
- BE 0746.969.482
- Peppol ID
- 0208:0746969482
- Other Peppol ID
- 9925:BE0746969482
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-05-2020
- Financial year
- ends on 31 December
- Peppol
- Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SAFA TECH in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 2025VAT activities
42220
Construction of utility projects for electricity and telecommunications main activity
Social security (RSZ) activities
49410
Freight transport by road main activity
Codes under NACEBEL 2008
42220
Construction of utility projects for electricity and telecommunications main activity
42110
Construction of roads and motorways
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Stedenbouwkundige werken,het ontwerpen van gebouwen,; Verfwerken,metselwerken,werktuigkunde,elektriciteit,dakwerken…”deed of 20-05-2020 (in Dutch)
34 activities
- Stedenbouwkundige werken,het ontwerpen van gebouwen,
- Verfwerken,metselwerken,werktuigkunde,elektriciteit,dakwerken; bouwmaterialen,elektrisch en elektronisch materiaal,materiaal voor sanitair en loodgieterij.
- Diensten en prestaties ten voordele van privé of commercieel cliënteel kunnen verrichten,zijnde reinigen van ruiten,vensters en burelen,kantoordiensten,interim-diensten,onderaanneming;
- Algemene bouwbedrijven (schilderen,verbouwing,herstellingen,metsen,dakwerk,elektriciteitswerken);
- Atelier voor de fabricatie van producten voor broodbakkerij,banketbakkerij en bakkerij en van alle food en non-food producten
- Snackbar,brasseries,hotels,tavernes,theesalons,cafés,cabarets,discotheken,buffetten,openbare vestiaires,verhuring van plaatsen,organisatiezalen,zalen voor banket en traiteurdienst;
- Besteldienst,cybercafé,Internetcentrum,faxdiensten,telefonische cellen,fotokopiedienst,video,laboratorium voor de ontwikkeling van foto's,draaiatelier,rectificatie van mechanische stukken;
- Atelier voor confectie van kleren voor heren,dames en kinderen;
- Houthandel;
- Taxidiensten,expresdiensten,Carwash,station service (voor brandstof zoals mazout,diesel,gas),carrosseriebouw,plaatijzerindustrie,garage met herstelatelier en groot- en kleinhandel in nieuwe voertuigen en occasies,afbraakatelier,onderhoud en takeldienst evenals de aankoop,verkoop,import,export en/of detailverkoop van nieuwe auto-onderdelen en tweedehandsauto-onderdelen,alle soorten voertuigen,en alle bijhorigheden voor auto's; voertuigen zowel nieuw als tweedehands.
- Kapsalon; wassalons
- Bijstand aan algemene bouwondernemingen.
- Leidingen,bedrading,aansluitingen
- De hoofdaannemer van de bouw,het schilderwerk,het metselwerk,de elektriciteit,de dakbedekking...;
- Het leveren van alle diensten of voordelen ten behoeve van alle particuliere of Commercieel;
- Schoonmaak en onderhoud van gebouwen,glazenwassen en schoonmaken van kantoren,van klein kantoorwerk,interimdiensten,uitbesteding;
- Overheidsopdrachten;
- Vervoer van personen en goederen,restaurant,café,snackbar,nachtwinkel,kruidenierswinkel
- Bouw,algemeen,plafonds,cementering,dakbedekking,elektriciteit,ruwbouw,verf,tegels...
- Elektriciteit in de breedste zin van het woord,installatie en reparatie,enz...
- Vervoer (nationaal en internationaal) van goederen van personen uit voertuigen
- Aan – verkoop van Gsm,telefonieartikelen in het algemeen.
- Verkoop en aankoop,import en export,van textiel,en kledij voor heren,dames en kinderen,alsook schoenen,lederartikelen en reisartikelen.
- Verkoop en aankoop,import en export van juwelen,fantasiejuwelen en accessoria allerhande.
- Kuisen in de meest ruime zin van het woord,vensters,bureau,zowel privé als professioneel,express koerier,kapsalon,bloemenzaak,night-shop;
- Import en export in de ruime zin van het woord alsook het uitbaten van een groothandelszaak.
- Alle voedingswaren zoals vlees,fruit,groenten,conserven,melkproducten,producten van de zee,vishandel,beenhouwerij,huishoudartikelen,cadeauartikelen,kruiden,specerijen,videotheekartikelen,verhuur van ontspanning artikelen,films en aanverwante artikelen,alle artikelen van textiel in het algemeen,diverse kleding,schoenen,schoenenmaker,slotenmaker,lederwaren in de breedste zin,
- Alle artikelen van parfumerie,toiletartikelen,cosmetica,schoonheidsartikelen,make-up,alsook zepen en detergenten;
- Alle bouwmaterialen,elektrisch en elektronisch materieel,materieel voor loodgieterij;
- Alle producten van handambacht,behangproducten,alsook artikelen van de Derde Wereld;
- Alle artikelen voor de tuin,bloemen,planten,tuinartikelen,inrichting en onderhoud van tuinen;
- Boeken,antiquiteiten,brokante,decoratie voorwerpen,industriële machines;
- Alle elektrische huishoudtoestellen,films,magnetische banden,cassettes,alle gedrukte artikelen of geregistreerde artikelen,en de artikelen die er de lezing,visie of auditie van toelaten;
- Bijstand in programmatie,informaticacursussen,bijstand voor hardware en software,raadgeving en bijstand inzake informatica,alle bureelmateriaal en materiaal van informatica.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Voermanstraat 6 registered office 9160 Lokeren 41001 General construction of residential buildings | 01-08-2020 | 2.306.247.056 |
1 former office
- Reedijk 39, 1785 Merchtem until 20-01-2022 · deed of 21-02-2022
Buildings and parcels at the address
- Ground area
- 395 m²
- Buildings
- 226 m²
- Volume, LiDAR
- 1,855 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46384E1689/00W000 | 395 m² | 1 · 226 m² | 10.2 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0746.969.482