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SAFETY SOLUTIONS

Active
Private limited companyfounded 201312 yrs activeHeidestraat 111, 3581 Beringen, BelgiumKBO/BCE: BE 0541.490.028

SAFETY SOLUTIONS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €287k and a net result of €286k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 2002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+8
Solvency72▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 2.32 in 2024; short-term debt: 52.9% and cash: 19.1% of total assets), but 52.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.1%
Return on assets
47%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
55 d early
2023
125 d early
2022
123 d early
2021
53 d early
2020
23 d late
2019
72 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Equity
€287k▼ 4.6%
2024 · €301k
2018: €262k 2019: €349k 2020: €430k 2021: €368k 2022: €358k 2023: €372k 2024: €301k
2018 → 2025
Total assets
€609k▲ 26.2%
2024 · €483k
2018: €394k 2019: €426k 2020: €483k 2021: €512k 2022: €448k 2023: €556k 2024: €483k
2018 → 2025
Net result
€286k▲ 224%
2024 · €88k
2018: €73k 2019: €97k 2020: €81k 2021: €83k 2022: €66k 2023: €129k 2024: €88k
2018 → 2025
Working capital
€219k▼ 8.9%
2024 · €240k
2018: €193k 2019: €260k 2020: €346k 2021: €299k 2022: €307k 2023: €315k 2024: €240k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€368k-€358k▼ 2.7%€372k▲ 3.9%€301k▼ 19.2%€287k▼ 4.6%
Operating result€112k-€105k▼ 5.9%€152k▲ 44.8%€114k▼ 25.1%€372k▲ 227%
Net result€83k-€66k▼ 21.4%€129k▲ 97.3%€88k▼ 31.7%€286k▲ 224%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2021: €112k€112kNet result 2021: €83k€83kOperating result 2022: €105k€105kNet result 2022: €66k€66kOperating result 2023: €152k€152kNet result 2023: €129k€129kOperating result 2024: €114k€114kNet result 2024: €88k€88kOperating result 2025: €372k€372kNet result 2025: €286k€286k20212022202320242025
The operating result recovers in 2025; 2025 is 227% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €609k
Fixed assets €68k▲ 12.5%
Current assets €541k▲ 28.2%
Equity and liabilities €609k
Equity €287k▼ 4.6%
Debt €322k▲ 77.1%
The debt ratio rises from 37.7% to 52.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€388k
2024 · €126k
Cash flow
€302k
2024 · €100k
Solvency
47.1%
2024 · 62.3%
Current ratio
1.68
2024 · 2.32
Quick ratio
1.68
2024 · 2.32
Debt / equity
1.12
2024 · 0.61
ROE
99.8%
2024 · 29.4%
ROA
47.0%
2024 · 18.3%
Interest coverage
134.15
2024 · 24.78
Debt
€322k
2024 · €182k
Debt ≤ 1 year
€322k
2024 · €182k
Income taxes
€102k
2024 · €40k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€483k€609k
Fixed assets21/28€61k€68k
Tangible fixed assets22/27€61k€68k
Land and buildings22€31k€24k
Plant, machinery and equipment23€1k€8
Furniture and vehicles24€28k€44k
Current assets29/58€422k€541k
Amounts receivable within one year40/41€215k€425k
Trade receivables40€207k€417k
Other amounts receivable41€8k€8k
Cash at bank and in hand54/58€207k€117k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€483k€609k
Equity10/15€301k€287k
Contributions10/11€20k€20k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€264k€250k
Amounts payable17/49€182k€322k
Amounts payable within one year42/48€182k€322k
Trade debts44€58k€37k
Suppliers440/4€58k€37k
Taxes, remuneration and social security45€15k€2k
Taxes450/3€15k€2k
Remuneration and social security454/9€0-
Other amounts payable47/48€109k€283k
Income statement Code20242025
Non-recurring operating income76A€19k€207
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€16k
Other operating charges640/8€16k€5k
Gross operating margin9900€141k€393k
Operating profit (loss)9901€114k€372k
Financial income75/76B€20k€19k
Recurring financial income75€20k€19k
Financial charges65/66B€5k€3k
Recurring financial charges65€5k€3k
Profit (loss) for the period before taxes9903€129k€389k
Income taxes67/77€40k€102k
Profit (loss) for the period9904€88k€286k
Profit (loss) for the period to be appropriated9905€88k€286k
Appropriation of the result
Profit (loss) to be appropriated9906€424k€550k
Profit (loss) brought forward from the previous period14P€335k€264k
Profit to be distributed694/7€160k€300k
Return on contributions (dividend)694€160k€300k
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €286k ▲224%
Operating result €372k, net result €286k, both a record.
06-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €66k ▼21.4%
Net result drops to €66k, the lowest in the series; recovery starts the following year.
08-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
20-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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
Registered office, Beringen · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Heidestraat 1113581 Beringen
Ground area
1,491 m²
Building footprint
356 m²
Volume, LiDAR
2,015 m³
Parcel 71005B1527/00M000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Safety Solutions
Heidestraat 111, 3581 BeringenManufacture of fabricated metal products, except machinery and equipment
since 20132.224.058.659
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71005B1527/00M000 Flanders 1,491 m² 1 · 356 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

4 categories
SAFETY SOLUTIONS BV43135
category D20, class 1 · category F, class 1 · category F1, class 1 · category F2, class 1
decision 03-10-2023

Similar companies · same sector, comparable size

Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 4,913 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-10-2013
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.