SAFANT
The computed 12-month bankruptcy probability of SAFANT is 0.9% (low). The 2022 annual accounts show equity of €5.66M and a net result of €1.00M. Equity is growing by ~129.6% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5.66M |
| Net result | €1.00M |
| Staff (FTE) | 1 |
| Active | 14 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2022 |
|---|---|
| Revenue | €100.50M |
| EBITDA | €2.64M |
| Net profit | €1.00M |
| Cash flow | €1.01M |
| Staff costs | €108k |
| Income taxes | €85k |
| Dividends | - |
| Total assets | €45.31M |
| Equity | €5.66M |
| Debt | €39.65M |
| of which ≤ 1y | €39.31M |
| of which > 1y | - |
| Working capital | €5.98M |
| Employees (FTE) | 1.0 |
| 2022 | |
|---|---|
| Current ratio | 1.15 |
| Quick ratio | 0.68 |
| Working capital ratio | 13.2% |
| Solvency | 12.5% |
| Debt / equity | 7.00 |
| Long-term debt ratio | - |
| Interest coverage | 1.99 |
| Gross margin | 3.2% |
| Net margin | 1.0% |
| ROA | 2.2% |
| ROE | 17.7% |
| EBITDA margin | 2.6% |
| Days sales outstanding | 84d |
| Days payable outstanding | 73d |
| Inventory turnover | 5.22 |
| Days inventory (DSI) | 70d |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €45.31M |
| Fixed assets | 21/28 | €29k |
| Tangible fixed assets | 22/27 | €29k |
| Current assets | 29/58 | €45.28M |
| Stocks & contracts in progress | 3 | €18.63M |
| Amounts receivable within one year | 40/41 | €25.77M |
| Cash & bank | 54/58 | €746k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45.31M |
| Equity | 10/15 | €5.66M |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €5.64M |
| Amounts payable | 17/49 | €39.65M |
| Amounts payable within one year | 42/48 | €39.31M |
| Trade debts payable within one year | 44 | €19.49M |
| Income statement | ||
| Turnover | 70 | €100.50M |
| Operating result | 9901 | €2.62M |
| Financial income | 75 | €971 |
| Financial charges | 65 | €1.54M |
| Result before taxes | 9903 | €1.09M |
| Income taxes | 67/77 | €85k |
| Net result for the period | 9904 | €1.00M |
| Result to be appropriated | 9905 | €1.00M |
| NACE primary | Wholesale trade(46861) |
| Legal form | Private limited company(610) |
| Incorporation | 23-02-2012 |
| Status | Active |
| Postal code | 2018 |
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. |
|---|---|---|---|---|
| 11808H1182/00F018 | Flanders | 2,937 m² | 1 · 2,012 m² | 41.6 m · 10 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-10-2024 Menachem Hertz resigns as director
- Menachem Hertz, Bestuurder
Technical details
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}28-02-2023 Articles of association amended
Technical details
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}08-02-2023 2 directors appointed
- Brian Gutkin, Bestuurder
- BV Figurad Bedrijfsrevisoren, Commissaris
Technical details
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}04-10-2022 BV "Figurad Bedrijfsrevisoren" appointed as statutory auditor
- BV "Figurad Bedrijfsrevisoren", Commissaris
Technical details
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}02-06-2022 GONEN Amit appointed as director
- GONEN Amit, Bestuurder
Technical details
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}15-10-2019 Figurad Bedijfsrevisoren appointed as statutory auditor
- Figurad Bedijfsrevisoren, Commissaris
Technical details
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}04-03-2019 1 director appointed, 1 resigning
- GEM DESIGN, Zaakvoerder
- ALEXIS Yves, Zaakvoerder
Technical details
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}21-12-2016 Mevrouw Ann VAN VLAENDEREN appointed as statutory auditor
- Mevrouw Ann VAN VLAENDEREN, Commissaris
Technical details
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}05-03-2015 Ann Van Vlaenderen appointed as statutory auditor
- Ann Van Vlaenderen, Commissaris
Technical details
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}08-03-2012 Incorporation of a new BV
Technical details
{
"notary": {
"name": "Marc DENS",
"firm_city": null,
"firm_name": "Michel SMETS - Marc DENS",
"office_city": "Antwerpen",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2012-03-08",
"filing_date": null,
"act_kind_objet": "OPRICHTING - BENOEMING",
"is_private_deed": false
},
"decision": {
"body": "notarieel_alleen",
"act_date": "2012-02-23",
"unanimous": true
},
"founders": [
{
"org": {
"kbo": null,
"name": "SAFDICO INTERNATIONAL LIMITED",
"address": "c/o First Island Trust Company Ltd, Suite 308, St. James Court, St. Denis Street, Port Louis, Mauritius",
"country": "MU",
"legal_form": "Limited (Mauritius)",
"foreign_register_name": null,
"foreign_register_number": null
},
"kind": "rechtspersoon",
"person": null,
"share_class": null,
"partner_role": null,
"contribution_type": "geld",
"amount_paid_in_eur": 18600.0,
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 18600.0,
"is_anonymous_silent_partner": false
}
],
"voorwerp": {
"full_text": "De vennootschap heeft tot doel bewerken en doen bewerken, de handel, de in-er uitvoer, het in consignatie geven en nemen, de vertegenwoordiging en de commissiehandel, van: ruwe en geslepen diamant, edelstenen, juwelen, edele metalen en alle aanverwante artikelen. De vennootschap kan ook de opdracht van bestuurder of vereffenaar van andere vennootschappen uitoefenen; deelneming bij activiteiten van of samenwerking met andere vennootschappen kan geschieden door inschrijving of door overname van aandelen, in-breng, fusie, opslorping, of welke wijze dan ook. Zij kan zich ten gunste van dezelfde vennootschappen borg stellen of hen aval verlenen, optreden als agent of vertegenwoordiger, voorschotten toestaan, kredieten verlenen, hypothecaire of andere zekerheden verstrekken. De vennootschap mag in het kader van haar activiteit alle roerende en onroerende, financi\u00EBle, industri\u00EBle en commerci\u00EBle verrichtingen doen die rechtstreeks of onrechtstreeks met haar doel verband houden en van die aard zijn die de verwezenlijking ervan te vergemakkelijken.",
"is_lucrative": true,
"short_summary": "Handel in ruwe en geslepen diamant, edelstenen, juwelen, edele metalen en aanverwante artikelen."
},
"governance": {
"organ_kind": "enige_bestuurder",
"n_directors_max": 1,
"n_directors_min": 1,
"representation_clause": "\u00E9\u00E9n zaakvoerder alleen",
"co_signature_threshold_eur": null
},
"fiscal_year": {
"end_mm_dd": "12-31",
"start_mm_dd": "01-01",
"first_exercise_end_date": "2012-12-31",
"is_prolonged_first_exercise": false
},
"agm_schedule": {
"time": "11:00",
"month": 6,
"rule_text": "vijfentwintig juni te elf uur"
},
"founding_event": {
"n_shares_total": 100,
"n_share_classes": 1,
"bank_attestation": null,
"amount_paid_in_eur": 18600.0,
"incorporation_date": "2012-02-23",
"amount_subscribed_eur": 18600.0,
"art_5_8_no_payment_due": false,
"pre_incorporation_activity_from_date": null
},
"subject_company": {
"kbo": "0843.926.625",
"email": null,
"region": "vlaams_gewest",
"website": null,
"name_full": "SAFANT",
"legal_form": "BV",
"name_abbreviated": null,
"zetel_address_raw": "2018 Antwerpen, Pelikaanstraat 78 bus 76",
"equity_account_type": "unavailable"
},
"initial_directors": [
{
"kind": "natural_person",
"person": {
"name": "PAINE Nicolas",
"address": "Ground And Lower, 40 Shorrolds Road, London SW6 7TP, Verenigd Koninkrijk"
},
"via_org": null,
"role_sub": "zaakvoerder",
"mandate_until": {
"kind": "indefinite",
"value": null
},
"rep_person_name": null,
"additional_roles": [],
"bestuursverbod_checked": false,
"bestuursverbod_check_date": null,
"rep_prior_publication_ref": null
}
],
"co_filed_documents": [
"expeditie",
"volmacht"
],
"post_incorporation_mandates": [
{
"kind": "volmacht_kbo",
"holder_org_kbo": null,
"holder_org_name": "PANIS",
"with_substitution": false,
"holder_person_name": "DE WIT Soraya"
},
{
"kind": "volmacht_btw",
"holder_org_kbo": null,
"holder_org_name": "PANIS",
"with_substitution": true,
"holder_person_name": "JOOSSEN Julie"
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SAFANT |