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SAFETY SOLUTIONS ON RAIL

Active
Private limited companyfounded 2020active for 6 yearsNoorderlaan 111, 2030 Antwerpen, BelgiumKBO/BCE: BE 0754.545.677
Summary

The computed 12-month bankruptcy probability of SAFETY SOLUTIONS ON RAIL is 8.7% (elevated). The 2024 annual accounts show equity of €84,702 and a net result of -€34,055. Equity has been shrinking by about 17% per year since 2021. Its solvency ranks better than 37% of 1,618 sector peers (NACE 33, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-09-2020 Normal situation
Registered office
14 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Repair and maintenance of machinery NACE 33120and 1 other
Joint committee
140.02 Paritair Subcomité voor de taxi's · annual accounts 2024
Establishment unit
2.308.240.209 2030 Antwerpen, since 17-09-2020
Financial year end
31 December
Peppol
Reachable since 12-12-2025

Board and ownership

Board

Financial position

32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.7%
Annual accounts 2024
Gross margin
€275,587
▲ 202%
Turnover
≈ €550,000
estimated
Loss
€34,055
▼ 71.2%
Equity
€84,702
▼ 28.7%
Total assets
€246,128
▼ 11.0%
Employees on 31-12-2024
12
▲ 200%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 03-10-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 3 of the last 3 accounts lateFounded in 2020Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 22% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2023
Weak
Solvency 59-9
equity 34.4% of total assets
Liquidity 39-32
short-term debt 64.7% · cash 18.4%
Profitability 1+1
return on assets -13.8%
Bankruptcy probability within 12 months
8.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,393 companies, NACE 33, micro)
Last 24 months 12-2024: 2.0% 01-2025: 1.9%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 2.0%▲ +0.1 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025 05-2025: 2.0%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 5.1%▲ +3.0 percentage points vs 07-2025 09-2025: 5.8%▲ +0.7 percentage points vs 08-2025 10-2025: 9.0%▲ +3.2 percentage points vs 09-2025highest value 11-2025: 3.4%▼ -5.6 percentage points vs 10-2025 12-2025: 3.5%▲ +0.1 percentage points vs 11-2025 01-2026: 3.4%▼ -0.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.6%▲ +0.2 percentage points vs 03-2026 05-2026: 3.6%● unchanged vs 04-2026 06-2026: 3.6%● unchanged vs 05-2026 07-2026: 3.6%● unchanged vs 06-2026 08-2026: 4.7%▲ +1.1 percentage points vs 07-2026 09-2026: 5.3%▲ +0.6 percentage points vs 08-2026 10-2026: 8.7%▲ +3.4 percentage points vs 09-2026 11-2026: 8.7%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.47 (1.63 in 2023), below the usual 1.5. Short-term debt is 64.7% and cash 18.4% of total assets. 65.6% 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 33, micro). It does better than 38% of them on solvency, 28% on liquidity, 8% on profitability and 14% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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

Signals

Seven signals.
raises risk
raises risk · Figures for financial year 2024 (filed on 03-10-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 3 of the last 3 accounts late
NBB · filings
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€34,055
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 4 filings
Deviation from the deadline
2025
not filed
2024
60 days late
2023
89 days late
2022
31 days late
2021
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 44 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More staff in 2024from 3.4 FTE to 10.1 FTE ▲ 197% View
  • Caution: Lower net result than 95% of companies in repair and installation of machinerysector median €13,192 · 1,620 companies -€34,055 View
  • Caution: Board changedlatest change 19-01-2026 · 1 in office 1 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€34,055 View

Recent changes

  1. · Gazette deed Purpose
  2. · Gazette deed Resignation: Bugri Fouad (director)Appointment: Bugri Fatima (director)
  3. · Gazette deed Registered office moved within AntwerpenNew seat: Noorderlaan 111 bus 9, 2030 Antwerpen · Previous seat: Jan Van de Wouwerstraat 70, 2660 Antwerpen
All 11 events

Comparable companies

These companies have the same main activity as SAFETY SOLUTIONS ON RAIL: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €201,000 and €340,000, founded between 2018 and 2021.

CompanyTotal assetsGross margin
SAFETY SOLUTIONS ON RAIL Antwerpen€246,128€275,587
HARBOUR REEFER SERVICE Antwerpen€243,402€170,787
Jeremy Willemsens Tuinmachines Herenthout€340,073€262,674
Grond- en tuinwerken Wouters Balen€232,158€167,095
TECHNICON Heusden-Zolder€200,868€320,833
PFR SERVICES Limbourg€254,272€231,330
MANTAEV SERVICE Roeselare€224,570€397,365
Full comparison

Key facts about SAFETY SOLUTIONS ON RAIL

What is the company number of SAFETY SOLUTIONS ON RAIL?
The company number of SAFETY SOLUTIONS ON RAIL is 0754.545.677. The VAT number is the same number with BE in front: BE 0754.545.677.
Where is SAFETY SOLUTIONS ON RAIL based?
The registered office is at Noorderlaan 111, 2030 Antwerpen.Company details
What does SAFETY SOLUTIONS ON RAIL do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of SAFETY SOLUTIONS ON RAIL?
The legal form of SAFETY SOLUTIONS ON RAIL is Private limited company (BV).
When was SAFETY SOLUTIONS ON RAIL founded?
SAFETY SOLUTIONS ON RAIL was founded on 17-09-2020.
Is SAFETY SOLUTIONS ON RAIL still active?
Yes, SAFETY SOLUTIONS ON RAIL is an active enterprise in the KBO register.
How many employees does SAFETY SOLUTIONS ON RAIL have?
SAFETY SOLUTIONS ON RAIL had an average of 10.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does SAFETY SOLUTIONS ON RAIL fall under?
In its 2024 annual accounts, SAFETY SOLUTIONS ON RAIL states joint committee 140.02 (Paritair Subcomité voor de taxi's).
What is the turnover of SAFETY SOLUTIONS ON RAIL?
The turnover in financial year 2024 is ≈ €550,000. This figure is estimated from the gross margin of €275,587 and 882 comparable companies of the same size. It probably lies between €380,000 and €800,000. It is a rough estimate.
Is SAFETY SOLUTIONS ON RAIL profitable?
In financial year 2024, SAFETY SOLUTIONS ON RAIL made a loss of €34,055.
Where can I find the annual accounts of SAFETY SOLUTIONS ON RAIL?
SAFETY SOLUTIONS ON RAIL filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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