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Safety Pleasure

Active Risk: very low
Non-profit associationfounded 2005active for 21 yearsBoelarestraat 56, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0871.021.396
Summary

Safety Pleasure has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2008 annual accounts show equity of €499,219 and a net result of €10,498. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
“De vereniging heeft als voorwerp de socio-culturele en sportieve activiteiten te organiseren ten voordele…” (deed in Dutch)
From the articles, 4 activitiesNo NACE code in the KBO yet
Size
€527,573total assets 2008
Equity
€499,219
Surplus
€10,498
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2008 figures too old to score
Structure
Board
6 members
Accounts 5927 days overdue2 of 8 deeds read
Signalsraises riskFigures for financial year 2008 (filed 04-09-2009)lowers riskLegal form: non-profit associationSize: total assets €527,573Liquidity: current ratio 18.61, cash €489,464neutralNo filing for yearsFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2008 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2008 · tick = 2007
Strong
Solvency 100=
equity 94.6% of total assets
Liquidity 100+45
short-term debt 5.4% · cash 92.8%
Profitability 42+4
return on assets 2.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2008 (filed 04-09-2009)
NBB · annual accounts
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €527,573
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 18.61, cash €489,464
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2008. Since then, 17 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2009 year end31-07-2010 deadline22-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 26-08-2009, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Nico Van Rysselberge (director)Appointment: Serge Jacquy (director)
  2. Reappointments: De Vos Kurt, Larsimont Catherine…Amendment of the articles ·…
  3. Annual accounts filedfinancial year 2008 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2010 5927 days late View
  • Board6 directors in office 6 View
  • Active since 2005founded 06-01-2005 21 years View

By topic

Financials

Financial year
2008
Total assets
€527,573
Profit
€10,498
Solvency
94.6%
Total assets▲ 2.5%
Net result
20072008
Go to Financials

Board & ownership

Board
6 members
  • Serge JacquyDirector
  • De Vos KurtDirector
  • Larsimont CatherineDirector
  • Leroy PatrickDirector
  • Van Belleghem WemerDirector

and 1 other director

Go to Board & ownership

Timeline

Events
5
Since
2007
  1. 07-08-2008Annual accounts filed
  2. 22-08-2007Annual accounts filed
Go to Timeline

Company details

Legal form
Non-profit association
Founded
06-01-2005
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
19
Annual meeting
Second Monday of June
Purpose
“De vereniging heeft als voorwerp de socio-culturele en sportieve activiteiten te…” (deed in Dutch)
Go to Articles of association

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