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SAFE & CLEAN

Active Private limited companyfounded 2020active for 6 yearsAmbachtstraat 18, 8820 TorhoutKBO/BCE: BE 0746.752.916

Lifetime

6 annual accounts with figures on one time axis
peak €12,685 (2022)
€6,707▼ 7.0%
lowest -€26,053 (2021)
€5,310▲ 138%
peak €118,013 (2020)
€109,921▲ 5.1%
€66,878▼ 73.5%
peak 0 FTE (2023)
-not published
Board6 names since 2020
2 directorsCasa Maximus BV and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Result from €2,230 to €5,310Debts from €252,144 to €66,878Cash from €108,953 to €11,172

Key points

from the 2025 annual accounts

Turnover

≈ €20,000 estimated

The accounts state no turnover.

Liquidity

2.60 was 1.40 in 2024

Short-term debts fell from €252,144 to €66,878.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 1 to 36 days before the end of the period.

Checked score

70
Healthy
Financially stronger than 57% of micro companies in rental and leasing (NACE 77)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▲ +0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.7 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Strong

87+33equity 62.2% of total assets
41-9short-term debt 37.8% · cash 6.3%
73+3return on assets 3.0%

Score breakdown

raises risk
Founded in 2020
Size: total assets €176,799
Liquidity: current ratio 2.60, cash €11,172, halved
lowers risk
Figures for financial year 2025 (filed on 29-07-2026)
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 77, micro). It does better than 74% of them on solvency, 40% on liquidity, 57% on profitability and 55% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 5,047 companies had the same profile as SAFE & CLEAN has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of SAFE & CLEAN itself: 0.7% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 5,047 companies, not a prediction for SAFE & CLEAN. 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 €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.6 (1.4 in 2024), above the usual 1.5. Short-term debt is 37.8% and cash 6.3% of total assets. 37.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €176,799
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.60, cash €11,172, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 days early
2024
1 day early
2023
36 days early
2022
35 days early
2021
16 days early
2020
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 17 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CM
Casa Maximus BV
Director, Olivier Clybouw, since 20-05-2020
GB
GIHAC BV
Director, Gilles Hayez, since 20-05-2020
  • HAYEZ Gilles Fernand Simonne Marie Ghislain 225 sharesdeed of 11-05-2020
  • PAUL Jean-Michel Jean-Marie Louis Sebastien 225 sharesdeed of 11-05-2020
  • CLYBOUW Olivier Georges 225 sharesdeed of 11-05-2020
and 3 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0746752916
Resignation: Peter Cools VOF (director) Permanent representative: Peter Cools · Director discharge: Peter Cools VOF · General meeting of 15-01-2021 · Gazette deed
3 directors appointed, 3 resignations Resignations: Olivier Clybouw, Gilles Hayez and Peter Cools · Appointments: Casa Maximus BV, GIHAC BV and Cools Peter VOF · Permanent representatives: Olivier Clybouw, Gilles Hayez and Peter Cools · General meeting of 20-05-2020 · Gazette deed
Incorporation Founders: HAYEZ Gilles Fernand Simonne Marie Ghislain, PAUL Jean-Michel Jean-Marie Louis Sebastien, CLYBOUW Olivier Georges and 3 others · 1,000 shares · Appointments: CLYBOUW Olivier Georges, HAYEZ Gilles Fernand Simonne Marie Ghislain and COOLS Peter Raoul Diana · published on 11-05-2020 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
SAFE & CLEAN Torhout €176,799 €6,707 62.2% -
FRAMES Ghent €135,946 €8,037 -66.1% -
BEE RIDE Anderlecht €185,641 €8,800 -516.5% -
ACR Renting Evergem €130,529 €8,170 -4.1% -
FPK-Rent Kruibeke €188,148 €4,336 46.3% -
KNEVELS MACHINERY Pelt €98,011 €10,605 50.0% -
ECO-Invest Hasselt €173,390 €12,383 72.9% -

These companies have the same main activity as SAFE & CLEAN: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €98,000 and €188,000, founded between 2017 and 2022.

Official details

Source: KBO
Status
Active since 07-05-2020Normal situation
Activity
Renting and leasing of other machinery, equipment and tangible goodsNACE 77399and 2 others
Establishment unit
2.302.056.3598820 Torhout, since 07-05-2020
Financial year end
31 December
Peppol
Reachable since 12-10-2025
Company details

Annual accounts 2025

€176,799▼ 50.4%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on SAFE & CLEAN

SAFE & CLEAN files the micro format. That format states no turnover. The gross margin rose from -€11,355 in 2020 to €6,707 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SAFE & CLEAN

What is the company number of SAFE & CLEAN?
The company number of SAFE & CLEAN is 0746.752.916. The VAT number is the same number with BE in front: BE 0746.752.916.
Where is SAFE & CLEAN based?
The registered office is at Ambachtstraat 18, 8820 Torhout.Company details
What does SAFE & CLEAN do?
According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
What is the legal form of SAFE & CLEAN?
SAFE & CLEAN is a private limited company (BV).
When was SAFE & CLEAN founded?
SAFE & CLEAN was founded on 07-05-2020.
Is SAFE & CLEAN still active?
Yes, SAFE & CLEAN is an active enterprise in the KBO register.
What is the turnover of SAFE & CLEAN?
The turnover in financial year 2025 is ≈ €20,000. This figure is estimated from the gross margin of €6,707 and 48 comparable companies (NACE 77). It probably lies between €15,000 and €40,000. It is a rough estimate.Financials
Is SAFE & CLEAN profitable?
In financial year 2025, SAFE & CLEAN made a profit of €5,310.
Where can I find the annual accounts of SAFE & CLEAN?
SAFE & CLEAN filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAFE & CLEAN due?
SAFE & CLEAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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