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SAFFIER EXPRESS

Active
Private limited companyfounded 2023active for 3 yearsLeuvensesteenweg 27, 2800 Mechelen, BelgiumKBO/BCE: BE 0803.201.966
Summary

The computed 12-month bankruptcy probability of SAFFIER EXPRESS is 10.1% (high). The 2025 annual accounts show equity of €24,235 and a net result of €20,344. Its solvency ranks better than 75% of 5,707 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€37,989total assets 2025
Equity
€24,235
Profit
€20,344
Turnover not published (micro format)
Financial health
35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.1%
Structure
Accounts filed 31 days late2 of 3 deeds read
Why 35raises riskFounded in 2023Ex-officio strike-off in the KBOSector: Land transport and transport via pipelines (NACE 49)Size: total assets €37,989Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 75% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Strong
Solvency 89+50
equity 63.8% of total assets
Liquidity 35+32
short-term debt 36.2% · cash 1.5%
Profitability 100+18
return on assets 53.6%
Bankruptcy probability, 12 months
10.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,078 companies, NACE 49, micro)
Last 24 months 11-2024: 4.2%lowest value 12-2024: 4.6%▲ +0.4 percentage points vs 11-2024 01-2025: 4.6%● unchanged vs 12-2024 02-2025: 5.0%▲ +0.4 percentage points vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 4.8%▼ -0.2 percentage points vs 03-2025 05-2025: 5.1%▲ +0.3 percentage points vs 04-2025 06-2025: 5.3%▲ +0.2 percentage points vs 05-2025 07-2025: 5.3%● unchanged vs 06-2025 08-2025: 5.3%● unchanged vs 07-2025 09-2025: 5.7%▲ +0.4 percentage points vs 08-2025 10-2025: 10.3%▲ +4.6 percentage points vs 09-2025 11-2025: 10.3%● unchanged vs 10-2025 12-2025: 10.3%● unchanged vs 11-2025 01-2026: 10.3%● unchanged vs 12-2025 02-2026: 10.2%▼ -0.1 percentage points vs 01-2026 03-2026: 12.6%▲ +2.4 percentage points vs 02-2026 04-2026: 14.3%▲ +1.7 percentage points vs 03-2026 05-2026: 15.9%▲ +1.6 percentage points vs 04-2026 06-2026: 16.1%▲ +0.2 percentage points vs 05-2026 07-2026: 16.4%▲ +0.3 percentage points vs 06-2026 08-2026: 16.6%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 10.0%▼ -6.6 percentage points vs 08-2026 10-2026: 10.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.55, compared with 0.24 in 2024, above the usual 1.5; short-term debt: 36.2% and cash: 1.5% of total assets), and 36.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 75% on solvency, 32% on liquidity, 94% on profitability and 99% on growth.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €37,989
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 days late
2024
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 28 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
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.
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move · Director in…
  3. Liquidity more than 6 timescurrent ratio 1.55

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486452.

Equity
€24,235▲ 523%
2024 · €3,891
Total assets
€37,989▲ 40.3%
2024 · €27,068
Net result
€20,344▲ 604%
2024 · €2,891
Working capital
€7,548
2024 · -€17,535
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 612% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,025 2025 Net result€20,344 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€3,793-€27,025▲ 612%
Net result€2,891within the sector's middle half-€20,344within the sector's middle half▲ 604%
Equity€3,891below the sector's middle half-€24,235within the sector's middle half▲ 523%
Total assets€27,068below the sector's middle half-€37,989below the sector's middle half▲ 40.3%
Debt€23,177-€13,754▼ 40.7%
Working capital-€17,535below the sector's middle half-€7,548within the sector's middle half
Solvency14.4%within the sector's middle half-63.8%above the sector's middle half▲ 49.4pp
Current ratio0.24below the sector's middle half-1.55within the sector's middle half▲ 1.31
Return on assets (ROA)10.7%within the sector's middle half-53.6%above the sector's middle half▲ 42.9pp
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,989
Fixed assets €16,686 ▼ 22.1%
Current assets €21,303 ▲ 278%
Equity and liabilities €37,989
Equity €24,235 ▲ 523%
Debt €13,754 ▼ 40.7%
Debt's share of the balance-sheet total falls from 85.6% to 36.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31,765▲
2024 · €6,067
Cash flow
€25,084▲
2024 · €5,165
Debt to equity
0.57▼
2024 · 5.96
ROE
83.9%▲
2024 · 74.3%
Interest coverage
20.31▼
2024 · 33.81
Debt ≤ 1 year
€13,754▼
2024 · €23,177
Income taxes
€5,117▲
2024 · €723
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 10.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,068€37,989▲
Fixed assets21/28€21,426€16,686▼
Tangible fixed assets22/27€21,426€16,686▼
Plant, machinery and equipment23€21,426€16,686▼
Current assets29/58€5,642€21,303▲
Amounts receivable within one year40/41€5,612€20,737▲
Trade receivables40€5,612€0▼
Other amounts receivable41-€20,737
Cash at bank and in hand54/58€30€566▲
Equity and liabilities
Total equity and liabilities10/49€27,068€37,989▲
Equity10/15€3,891€24,235▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€2,891€23,235▲
Amounts payable17/49€23,177€13,754▼
Amounts payable within one year42/48€23,177€13,754▼
Trade debts44€17,379€192▼
Suppliers440/4€17,379€192▼
Taxes, remuneration and social security45€5,798€5,086▼
Taxes450/3€5,798€5,086▼
Other amounts payable47/48-€8,476
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,274€4,740▲
Other operating charges640/8-€814
Gross operating margin9900€6,067€32,578▲
Operating profit (loss)9901€3,793€27,025▲
Financial charges65/66B€179€1,564▲
Recurring financial charges65€179€1,564▲
Profit (loss) for the period before taxes9903€3,614€25,460▲
Income taxes67/77€723€5,117▲
Profit (loss) for the period9904€2,891€20,344▲
Profit (loss) for the period to be appropriated9905€2,891€20,344▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,891€23,235▲
Profit (loss) brought forward from the previous period14P-€2,891

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,274€4,740▲ 108%
Other operating charges640/8-€814-
Gross operating margin9900€6,067€32,578▲ 437%
Operating profit (loss)9901€3,793€27,025▲ 612%
Financial charges65/66B€179€1,564▲ 772%
Recurring financial charges65€179€1,564▲ 772%
Profit (loss) for the period before taxes9903€3,614€25,460▲ 605%
Income taxes67/77€723€5,117▲ 608%
Profit (loss) for the period9904€2,891€20,344▲ 604%
Profit (loss) for the period to be appropriated9905€2,891€20,344▲ 604%
Line20242025Change
Assets
Total assets20/58€27,068€37,989▲ 40.3%
Fixed assets21/28€21,426€16,686▼ 22.1%
Tangible fixed assets22/27€21,426€16,686▼ 22.1%
Plant, machinery and equipment23€21,426€16,686▼ 22.1%
Current assets29/58€5,642€21,303▲ 278%
Amounts receivable within one year40/41€5,612€20,737▲ 270%
Trade receivables40€5,612€0▼ 100%
Other amounts receivable41-€20,737-
Cash at bank and in hand54/58€30€566▲ 1,776%
Equity and liabilities
Total equity and liabilities10/49€27,068€37,989▲ 40.3%
Equity10/15€3,891€24,235▲ 523%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€2,891€23,235▲ 704%
Amounts payable17/49€23,177€13,754▼ 40.7%
Amounts payable within one year42/48€23,177€13,754▼ 40.7%
Trade debts44€17,379€192▼ 98.9%
Suppliers440/4€17,379€192▼ 98.9%
Taxes, remuneration and social security45€5,798€5,086▼ 12.3%
Taxes450/3€5,798€5,086▼ 12.3%
Other amounts payable47/48-€8,476-
Line20242025Change
Profit (loss) for the period9904€2,891€20,344▲ 604%
+ Depreciation and write-downs630€2,274€4,740▲ 108%
Operating cash flow (approximation)€5,165€25,084▲ 386%
Investment in fixed assets (approximation)-€0-
Change in cash-€536-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00486452
31-12-2024 micro format 24-08-2025 2025-00422486

Similar companies · same sector, comparable size

Of the 12,347 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,197. 5,242 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 2 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

SAFFIER EXPRESS was incorporated on 27 June 2023 as a private limited company.1 The registered office was moved to Mechelen in 2026.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-02-2026
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
27-02
Gazette deed Registered office
Registered-office move · Director in office2 facts ▸
  • Registered-office move, Leuvensesteenweg 27 bus 2, 2800 Mechelen
  • Director in office, Dzhakhar Dzhunaidov (director)
2025
31-12
Financial Liquidity more than 6 timescurrent ratio 1.55
Current ratio from 0.24 to 1.55; short-term debt falls from €23,177 to €13,754.
12-09
KBO administration Address struck
Lindelei 22 bus 1 Die Sitzadresse Lindelei 22 Bfk. 1 2620 Hemiksem · event 16-04-2025
24-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 24 days late
24-02
Gazette deed Resignation: Islam Ediyev (director)
Appointment: Dzhakhar Dzhunaidov (director) · Director discharge · Share transfer6 facts ▸
  • General meeting, 28-01-2025
  • Director resignation, Islam Ediyev (director)
  • Director discharge, Islam Ediyev
  • Director appointment, Dzhakhar Dzhunaidov (director)
  • Share transfer, Islam Ediyev → Dzhakhar Dzhunaidov
  • Shareholding, 100
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded27-06-2023
Financial year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803201966
Also 9925:BE0803201966
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 15 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
188 m²
Building footprint
187 m²
Building volume
1,685 m³
Parcel 12403D0322/00S004, Flanders · tallest building 15.7 m. Linked by address, not a title deed.
1 establishment unit
SAFFIER EXPRESS
Leuvensesteenweg 27, 2800 MechelenFreight transport by road
since 2023unit no. 2.347.314.975
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12403D0322/00S004 Flanders 188 m² 1 · 187 m² 15.7 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.