SAFE@WORK
ActiveSummary
SAFE@WORK has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,452 and a net result of -€29,705. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 74% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-05-2003 Normal situation
- Activity
- Other specialised construction activities NACE 43990
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
- Establishment unit
- 2.131.900.939 8930 Menen, since 16-05-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 11-09-2025
Board and ownership
Board
- CARPENTIER Jelle Jan LucienneDirector · since 01-06-2016
Shareholders
- Jelle Carpentierall the sharesact of 02-03-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
Annual accounts 2025
- Gross margin
- -€11,302
- Loss
- €29,705
- ▲ 114%
- Equity
- €61,452
- ▼ 32.6%
- Total assets
- €89,435
- ▼ 33.5%
- 2025 accounts filed 38 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLoss of €29,705, the second in a row (financial year 2025)Last filed accounts filed 38 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 3.47, cash €33,455Founded in 2003Show the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency
94+1
equity 68.7% of total assets
Liquidity
89-5
short-term debt 21.6% · cash 37.4%
Profitability
0-13
return on assets -33.2%
Bankruptcy probability within 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.1%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 0.6%● unchanged vs 10-2026highest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.47 (3.69 in 2024), above the usual 1.5. Short-term debt is 21.6% and cash 37.4% of total assets. 31.3% of the assets are financed with debt and provisions.
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 43, micro). It does better than 75% of them on solvency, 87% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
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).
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€29,705
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
38 days late
2024
20 days early
2023
9 days early
2022
20 days early
2021
33 days early
2020
27 days late
2019
83 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 11 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 38 days after the deadline Filed on 7 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506262.
Annual accounts 2025 filed on 07-09-2026 at the NBB all 10 filings
Equity
€61,452▼ 32.6%
2024 · €91,156
Total assets
€89,435▼ 33.5%
2024 · €134,450
Net result
-€29,705▼ 114%
2024 · -€13,888
Working capital
€47,916▼ 31.8%
2024 · €70,265
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€29,088
▼ 191%
2025
20182025
Net result
-€29,705
▼ 114%
2025
lowest quarter of the sector
20182025
Equity
€61,452
▼ 32.6%
2025
middle half of the sector
20182025
Total assets
€89,435
▼ 33.5%
2025
middle half of the sector
20182025
Debt
€27,983
▼ 35.4%
2025
20182025
Working capital
€47,916
▼ 31.8%
2025
middle half of the sector
20182025
Solvency
68.7%
▲ 0.9pp
2025
middle half of the sector
20182025
Current ratio
3.47
▼ 0.22
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-33.2%
▼ 22.9pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€7,138-€13,202▲ 85.0%€644▼ 95.1%€52,318▲ 81×€28,543▼ 45.4%€47,960▲ 68.0%-€9,987-€29,088▼ 191%
Net result€4,153-€9,527▲ 129%-€505below the sector's middle half€33,584above the sector's middle half€18,650within the sector's middle half▼ 44.5%€29,881above the sector's middle half▲ 60.2%-€13,888below the sector's middle half-€29,705below the sector's middle half▼ 114%
Equity€21,532-€23,435▲ 8.8%€22,929within the sector's middle half▼ 2.2%€56,513within the sector's middle half▲ 146%€75,164within the sector's middle half▲ 33.0%€105,044within the sector's middle half▲ 39.8%€91,156within the sector's middle half▼ 13.2%€61,452within the sector's middle half▼ 32.6%
Total assets€51,480-€71,382▲ 38.7%€90,817within the sector's middle half▲ 27.2%€125,399within the sector's middle half▲ 38.1%€174,860within the sector's middle half▲ 39.4%€160,687within the sector's middle half▼ 8.1%€134,450within the sector's middle half▼ 16.3%€89,435within the sector's middle half▼ 33.5%
Debt€22,449-€40,447▲ 80.2%€40,387▼ 0.1%€53,379▲ 32.2%€99,696▲ 86.8%€55,643▼ 44.2%€43,293▼ 22.2%€27,983▼ 35.4%
Working capital€22,756-€27,207▲ 19.6%€45,504within the sector's middle half▲ 67.2%€55,858within the sector's middle half▲ 22.8%€47,413within the sector's middle half▼ 15.1%€77,532within the sector's middle half▲ 63.5%€70,265within the sector's middle half▼ 9.4%€47,916within the sector's middle half▼ 31.8%
Solvency41.8%-32.8%▼ 9.0pp25.2%within the sector's middle half▼ 7.6pp45.1%within the sector's middle half▲ 19.8pp43.0%within the sector's middle half▼ 2.1pp65.4%within the sector's middle half▲ 22.4pp67.8%within the sector's middle half▲ 2.4pp68.7%within the sector's middle half▲ 0.9pp
Current ratio2.01-1.74▼ 0.272.13within the sector's middle half▲ 0.392.06within the sector's middle half▼ 0.071.71within the sector's middle half▼ 0.343.57above the sector's middle half▲ 1.863.69above the sector's middle half▲ 0.123.47above the sector's middle half▼ 0.22
Return on assets (ROA)8.1%-13.3%▲ 5.3pp-0.6%below the sector's middle half▼ 13.9pp26.8%above the sector's middle half▲ 27.3pp10.7%within the sector's middle half▼ 16.1pp18.6%above the sector's middle half▲ 7.9pp-10.3%below the sector's middle half▼ 28.9pp-33.2%below the sector's middle half▼ 22.9pp
Staff (FTE)1-1.3▲ 30.0%1.4within the sector's middle half▲ 7.7%1.3▼ 7.1%1.8▲ 38.5%0.8▼ 55.6%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €29,088, larger than the loss of €9,987 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,435
Fixed assets
€22,158 ▼ 41.8%
Current assets
€67,277 ▼ 30.2%
Equity and liabilities €89,435
Equity
€61,452 ▼ 32.6%
Debt
€27,983 ▼ 35.4%
Debt's share of the balance-sheet total falls from 32.2% to 31.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€17,266▼
2024 · €4,239
Cash flow
-€17,882▼
2024 · €338
Debt to equity
0.46▼
2024 · 0.47
ROE
-48.3%▼
2024 · -15.2%
Interest coverage
-12.31▼
2024 · 0.88
Debt ≤ 1 year
€19,362▼
2024 · €26,097
Debt > 1 year
€8,622▼
2024 · €17,196
Income taxes
€150▼
2024 · €150
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | - |
| full-time | 2 | 1 | - |
| in full-time equivalents | 2 | 1 | - |
| Average over the year, in full-time equivalents | 1.3 | 1.8 | 0.8 |
| On a permanent contract | 2 | 1 | - |
| Joined | 1 | 0 | 0 |
| Left | 0 | 1 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €14,794 | €55,125 | €6,222 | - | - |
| Depreciation and write-downs of the year | €3,057 | €6,711 | €14,299 | €14,226 | €11,823 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €595 awarded · €519 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €153 | €77 |
| 2024 | 1 | €273 | €273 |
| 2022 | 1 | €169 | €169 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,113 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €59,294 | €82,944 | €42,788 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,040 | €3,990 | €3,243 | €3,057 | €6,711 | €14,299 | €14,226 | €11,823 | ▼ 16.9% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€11,993 | -€15,507 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €403 | €2,265 | €1,654 | €1,917 | €1,857 | ▼ 3.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €686 | €4,107 | ▲ 498% |
| Gross operating margin9900 | €48,519 | €53,917 | €78,379 | €103,079 | €104,956 | €106,701 | €6,842 | -€11,302 | - |
| Operating profit (loss)9901 | €7,138 | €13,202 | €644 | €52,318 | €28,543 | €47,960 | -€9,987 | -€29,088 | ▼ 191% |
| Financial income75/76B | - | - | - | - | €358 | €768 | €1,050 | €936 | ▼ 10.9% |
| Recurring financial income75 | €192 | €461 | €10 | - | €358 | €768 | €1,050 | €936 | ▼ 10.9% |
| Financial charges65/66B | - | - | - | €359 | €1,738 | €6,754 | €4,801 | €1,402 | ▼ 70.8% |
| Recurring financial charges65 | €250 | €1,095 | €168 | €359 | €1,738 | €6,754 | €4,801 | €1,402 | ▼ 70.8% |
| Profit (loss) for the period before taxes9903 | €7,080 | €12,568 | €486 | €51,958 | €27,163 | €41,974 | -€13,738 | -€29,555 | ▼ 115% |
| Income taxes67/77 | €2,926 | €3,041 | €992 | €18,374 | €8,513 | €12,093 | €150 | €150 | ▼ 0.2% |
| Profit (loss) for the period9904 | €4,153 | €9,527 | -€505 | €33,584 | €18,650 | €29,881 | -€13,888 | -€29,705 | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | €4,153 | €9,249 | -€505 | €33,584 | €18,650 | €29,881 | -€13,888 | -€29,705 | ▼ 114% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €51,480 | €71,382 | €90,817 | €125,399 | €174,860 | €160,687 | €134,450 | €89,435 | ▼ 33.5% |
| Fixed assets21/28 | €6,275 | €7,417 | €4,925 | €16,663 | €61,077 | €53,000 | €38,087 | €22,158 | ▼ 41.8% |
| Tangible fixed assets22/27 | €6,275 | €7,417 | €4,925 | €16,663 | €61,077 | €53,000 | €38,087 | €22,158 | ▼ 41.8% |
| Plant, machinery and equipment23 | - | - | - | €1,186 | €2,081 | €1,590 | €664 | €423 | ▼ 36.2% |
| Furniture and vehicles24 | - | - | - | €15,476 | €57,975 | €50,490 | €36,607 | €21,020 | ▼ 42.6% |
| Other tangible fixed assets26 | - | - | - | - | €1,021 | €919 | €816 | €714 | ▼ 12.6% |
| Current assets29/58 | €45,205 | €63,965 | €85,891 | €108,737 | €113,783 | €107,688 | €96,362 | €67,277 | ▼ 30.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Other amounts receivable291 | - | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Amounts receivable within one year40/41 | €23,867 | €25,002 | €31,722 | €50,486 | €31,001 | €21,395 | €17,586 | €3,130 | ▼ 82.2% |
| Trade receivables40 | - | - | - | €27,565 | €30,676 | €17,328 | €12,717 | €2,629 | ▼ 79.3% |
| Other amounts receivable41 | - | - | - | €22,921 | €324 | €4,067 | €4,869 | €501 | ▼ 89.7% |
| Current investments50/53 | €15,899 | €31,515 | €44,126 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1,242 | €3,268 | €5,724 | €51,905 | €55,414 | €61,293 | €53,589 | €33,455 | ▼ 37.6% |
| Deferred charges and accrued income490/1 | - | - | - | €6,346 | €2,368 | - | €188 | €5,692 | ▲ 30× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €51,480 | €71,382 | €90,817 | €125,399 | €174,860 | €160,687 | €134,450 | €89,435 | ▼ 33.5% |
| Equity10/15 | €21,532 | €23,435 | €22,929 | €56,513 | €75,164 | €105,044 | €91,156 | €61,452 | ▼ 32.6% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €2,982 | €1,420 | €1,420 | €37,963 | €56,614 | €86,494 | €85,353 | €85,353 | = |
| Non-distributable reserves130/1 | - | - | - | €1,141 | €1,141 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,141 | €1,141 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €279 | €279 | €279 | €279 | €279 | = |
| Distributable reserves133 | - | - | - | €36,544 | €55,194 | €86,216 | €85,075 | €85,075 | = |
| Profit (loss) carried forward14 | - | €3,465 | €2,960 | - | - | - | -€12,747 | -€42,451 | ▼ 233% |
| Provisions and deferred taxes16 | €7,500 | €7,500 | €27,500 | €15,507 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €15,507 | - | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €15,507 | - | - | - | - | - |
| Amounts payable17/49 | €22,449 | €40,447 | €40,387 | €53,379 | €99,696 | €55,643 | €43,293 | €27,983 | ▼ 35.4% |
| Amounts payable after more than one year17 | - | €3,689 | - | - | €33,327 | €25,427 | €17,196 | €8,622 | ▼ 49.9% |
| Financial debts170/4 | - | - | - | - | €33,327 | €25,427 | €17,196 | €8,622 | ▼ 49.9% |
| Amounts payable within one year42/48 | €22,449 | €36,758 | €40,387 | €52,879 | €66,369 | €30,155 | €26,097 | €19,362 | ▼ 25.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €7,583 | €7,900 | €7,557 | €7,874 | ▲ 4.2% |
| Trade debts44 | €7,538 | €7,710 | €14,512 | €15,879 | €17,269 | €5,664 | €9,199 | €7,931 | ▼ 13.8% |
| Suppliers440/4 | - | - | - | €15,879 | €17,269 | €5,664 | €9,199 | €7,931 | ▼ 13.8% |
| Taxes, remuneration and social security45 | - | - | - | €33,546 | €31,858 | €12,212 | €5,135 | €150 | ▼ 97.1% |
| Taxes450/3 | - | - | - | €23,617 | €25,860 | €12,212 | €5,135 | €150 | ▼ 97.1% |
| Remuneration and social security454/9 | - | - | - | €9,929 | €5,998 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €3,455 | €9,660 | €4,380 | €4,206 | €3,408 | ▼ 19.0% |
| Accrued charges and deferred income492/3 | - | - | - | €500 | - | €61 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,153 | €9,527 | -€505 | €33,584 | €18,650 | €29,881 | -€13,888 | -€29,705 | ▼ 114% |
| + Depreciation and write-downs630 | €4,040 | €3,990 | €3,243 | €3,057 | €6,711 | €14,299 | €14,226 | €11,823 | ▼ 16.9% |
| Operating cash flow (approximation) | €8,193 | €13,518 | €2,738 | €36,641 | €25,361 | €44,180 | €338 | -€17,882 | - |
| Investment in fixed assets (approximation) | - | -€5,132 | -€752 | -€14,794 | -€51,126 | -€6,222 | €686 | €4,107 | ▲ 498% |
| Change in cash | - | €2,026 | €2,456 | €46,181 | €3,509 | €5,879 | -€7,704 | -€20,133 | ▼ 161% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,831 companies had the same profile as SAFE@WORK has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
84.6%
was still going
13.4%
stopped otherwise
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SAFE@WORK itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 5,831 companies, not a prediction for SAFE@WORK. 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.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-09-2026 | 2026-00506262 | |
| 31-12-2024 | micro format | 11-07-2025 | 2025-00266231 | |
| 31-12-2023 | micro format | 22-07-2024 | 2024-00269982 | |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00237396 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20107809 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56900362 | |
| 31-12-2019 | micro format | 22-10-2020 | 2020-62700282 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-58500461 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58100385 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-53800457 |
Board & ownership
Directors
Directors
1 director, last change in 2023
CARPENTIER Jelle Jan Lucienne
Current
Director (not named in the articles) · since 01-06-2016 · earlier director, until 13-02-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 07-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 13-02-2023Owners and capital
Shareholders
Stated in the act
act of 02-03-2022 ↗
- Jelle Carpentier all shares
Share transfer
act of 02-03-2022 ↗
- BV ARCHITECTENBUREAU BRUNO CARPENTIER to Jelle Carpentier 50 shares
Capital transactions
Capital over time
- 13-02-2023 Converted to unavailable equity
Mandate history
2 people, 1 in office
- Board
- mandate already running before its first mention
- end not dated
| Name | Functions and periods |
|---|---|
| CARPENTIER Jelle Jan Lucienne |
|
| ARCHITECTENBUREAU BRUNO CARPENTIER |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Articles of association, deed of 13-02-2023 (in Dutch)
Network & group
SAFE@WORK shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SAFE@WORK. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
07-09
micro format · 38 days late
2025
31-12
Financial
Weakest financial yearnet -€29,705
The net result drops to -€29,705, the lowest from 2018 to 2025.
11-07
micro format · 20 days before the deadline
2024
22-07
micro format · 9 days before the deadline
2023
31-12
Financial
Liquidity more than doubledcurrent ratio 3.57
The current ratio rises from 1.71 to 3.57. Short-term debt falls from €66,369 to €30,155.
31-12
Financial
Equity above €100,000equity €105,044 ▲39.8%
After 3 profitable years in a row, equity reaches €105,044.
11-07
micro format · 20 days before the deadline
13-02
Gazette deed
Registered office moved from Menen to WervikNew seat: Vosstraat 5, 8940 Wervik · Previous seat: Bruggestraat 631, 8930 Menen · Resignations: CARPENTIER Jelle Jan Lucienne (director) and ARCHITECTENBUREAU BRUNO CARPENTIER (director)8 points ▸
Gazette deed
Registered office moved from Menen to Wervik
New seat: Vosstraat 5, 8940 Wervik · Previous seat: Bruggestraat 631, 8930 Menen · Resignations: CARPENTIER Jelle Jan Lucienne (director) and ARCHITECTENBUREAU BRUNO CARPENTIER (director)8 points ▸
- 100 shares
- Director resignation, CARPENTIER Jelle Jan Lucienne (director)
- Director resignation, ARCHITECTENBUREAU BRUNO CARPENTIER (director)
- Director reappointment, CARPENTIER Jelle Jan Lucienne (director (not named in the articles))
- Director reappointment, ARCHITECTENBUREAU BRUNO CARPENTIER (director (not named in the articles))
- Permanent representative, CARPENTIER Bruno
- Registered-office move, Vosstraat 5, 8940 Wervik
- Power of attorney, Joyce Buyssens
- The act holds 6 more points.
2022
28-06
micro format · 33 days before the deadline
02-03
Gazette deed
Transfer of 50 sharesJelle Carpentier holds all the shares · Director in office: Jelle Carpentier4 points ▸
Gazette deed
Transfer of 50 shares
Jelle Carpentier holds all the shares · Director in office: Jelle Carpentier4 points ▸
- Board meeting, 11-02-2022
- Share transfer, BV ARCHITECTENBUREAU BRUNO CARPENTIER → Jelle Carpentier, 50 shares
- Jelle Carpentier holds all the shares
- Director in office, Jelle Carpentier (director)
2021
31-12
Financial
Back to profitnet €33,584
The net result is €33,584, after one loss-making year.
27-08
micro format · 27 days late
Show earlier events
2020
22-10
micro format · 83 days late
2019
28-08
micro format · 28 days late
2018
30-08
micro format · 30 days late
2017
30-08
micro format · 30 days late
2003
15-05
Financial milestoneGazette deedNBB filingFinancial 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
Register details
Identity
KBO recordName
SAFE@WORK in Dutch
Enterprise number
0480.163.460
Legal form
Private limited company
Status
Active, normale toestand
Founded
07-05-2003
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-02-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 13-02-2023 (in Dutch)Registered office and establishments
Registered office
Vosstraat 5, 8940 Wervik, Belgium
1 former office
- 8930 Menen until the act of 13-02-2023
Establishment unit
SAFE WORK, Bruggestraat 631, 8930 Menen since 16-05-2003 · unit number 2.131.900.939 4100106 General construction of residential buildings
Activities
NACEBEL 202543990
Other specialised construction activities main activity
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
Codes under NACEBEL 2003
45250
main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 13-02-2023 (in Dutch)
“Het uitoefenen van de functie van veiligheidscoördinator in de meest ruime zin; Dienstverlening inzake deskundige…”
6 activities
- Het uitoefenen van de functie van veiligheidscoördinator in de meest ruime zin;
- Dienstverlening inzake deskundige opdrachten(expertise,overname “gemene muren” & plaatsbeschrijvingen …);
- De waarneming van bestuursopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar voorwerp verband houden;
- Het patrimoniumbeheer van onroerende en roerende goederen;
- Stabiliteitsstudies;
- Alle prestaties m.b.t.verslaggeving inzake energieprestatie binnenklimaat(EPB).
Invoicing and payment
VAT number
BE 0480.163.460
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 0480.163.460
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 14:00
deed of 13-02-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,958 m²
Building footprint
452 m²
Building volume
2,248 m³
Tallest building: 9.3 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34372B0052/00G000 | Flanders | 1,444 m² | 1 · 291 m² | 8.8 m · 2 |
| 33029A0433/00P000 | Flanders | 514 m² | 1 · 162 m² | 9.3 m · 1 |