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SAFARCOM

Inactive
KBO/BCE: BE 0692.851.105

SAFARCOM was declared bankrupt on 23-12-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 04-04-2023, published in the Belgian State Gazette on 12-04-2023.

No longer registered with the KBO; last annual accounts for fiscal year 2019.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline15-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 05-03-2021, 217 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
217 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, micro schema

Equity
€-29k▲ 22.5%
2018 · €-38k
2018: €-38k
2018 → 2019
Total assets
€13k▲ 188%
2018 · €4k
2018: €4k
2018 → 2019
Net result
€8k
2018 · €-50k
2018: €-50k
2018 → 2019
Working capital
€-33k▲ 20.5%
2018 · €-41k
2018: €-41k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€-38k-€-29k▲ 22.5%
Operating result€-50k-€8k
Net result€-50k-€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2018: €-50k€-50kNet result 2018: €-50k€-50kOperating result 2019: €8k€8kNet result 2019: €8k€8k20182019
The operating result returns to profit in 2019: €8k after a loss of €50k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €13k
Fixed assets €4k=
Current assets €9k▲ 942%
Key figures and ratios
2019 value · change against 2018
Solvency
-225.3%
Current ratio
0.22
Quick ratio
0.22
ROE
-29.0%
ROA
65.3%
Debt
€42k=
2018 · €42k
Debt ≤ 1 year
€42k=
2018 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet Code20182019
Assets
Total assets20/58€4k€13k
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€897€9k
Cash at bank and in hand54/58€897€9k
Equity and liabilities
Total equity and liabilities10/49€4k€13k
Equity10/15€-38k€-29k
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-50k€-42k
Amounts payable17/49€42k€42k=
Amounts payable within one year42/48€42k€42k=
Trade debts44€42k€42k=
Income statement Code20182019
Gross operating margin9900€-50k€8k
Operating profit (loss)9901€-50k€8k
Profit (loss) for the period before taxes9903€-50k€8k
Profit (loss) for the period9904€-50k€8k
Profit (loss) for the period to be appropriated9905€-50k€8k

Download as CSV

Timeline · acts, filings and financial milestones

2023
12-04
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SAFARCOM BV PELIKAANSTRAAT 3 BOX 2020, 2018 ANTWERPEN 1 · event 04-04-2023
2021
29-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SAFARCOM BV PELIKAAN- STRAAT 3 BOX 2020, 2018 ANTWERPEN 1 · event 23-12-2021
05-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 217 days late
05-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 583 days late
2019
31-12
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator KRISTIAAN PATROONS
MECHELSESTEENWEG 12 BUS 8, 2000 ANTWERPEN 1
23-12-2021 → present