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Complete company report
Generated 03-08-2026
Active BE 0759.811.688Private limited companyOpen bankruptcy

SAFFRONLINE

· 5 yrs active
Sector: NACE 74999 (74999)
Conclusion Checked

A bankruptcy procedure is open for SAFFRONLINE according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-2k) and a net result of €5k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-2k
Net result €5k
Active 5 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency33Growth50Stability0
17 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 33
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 24-12-2024 with the NBB · fiscal year 2023 · verkort
Fiscal year2022
Revenue-
EBITDA-
Net profit€5k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€1k
Equity€-2k
Debt€3k
of which ≤ 1y€3k
of which > 1y-
Working capital€-2k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.33
Quick ratio0.33
Working capital ratio-207.0%
Solvency-207.0%
Debt / equity-1.48
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA447.8%
ROE-216.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€1k
Current assets 29/58€1k
Amounts receivable within one year 40/41€155
Cash & bank 54/58€930
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1k
Equity 10/15€-2k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-7k
Amounts payable 17/49€3k
Amounts payable within one year 42/48€3k
Trade debts payable within one year 44€673
Income statement
Gross operating margin 9900€7k
Operating result 9901€5k
Financial charges 65€97
Result before taxes 9903€5k
Net result for the period 9904€5k
Result to be appropriated 9905€5k
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator SVEN LEENDERS
GROTE STEENWEG 154, 2600 BERCHEM (ANTWERPEN)
 25-09-2025 → present Belgian State Gazette
Legal Structure
NACE primary 74999
Legal form Private limited company(610)
Incorporation15-12-2020
StatusActive
Postal code-
First BS signal 02-10-2025
Latest BS signal 02-10-2025
Company structure, linked entities1 linked entities
SAFFRONLINEBE 0759.811.688SVEN LEENDERSReceiver
Mandates
Establishment units 1 location
SAFFRONLINE
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
since 20202.310.804.472
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11472C0185/00S000 Flanders 573 m² 1 · 201 m² 9.0 m · 3 fl.
11013A0276/00T002 Flanders 221 m² 1 · 103 m² 10.7 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
02-10-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SAFFRONLINE BV BERNARD VAN ORLEYPLEIN 5/2, 2650 EDEGEM · event 25-09-2025
2024
24-12-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
29-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
26-01-2023
State Gazette act Director changes
2022
29-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
Lifecycle & Insolvency Signals 1 events
02-10-2025
Bankruptcy Opening
Date: 25-09-2025 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SAFFRONLINE BV BERNARD VAN ORLEYPLEIN 5/2, 2650 EDEGEM · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-02 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
26-01-2023 Ulrichs Nicolas resigns as director Director changes
  • Ulrichs Nicolas, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ulrichs Nicolas",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "decharge_granted",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2022-12-15",
      "evidence_quote": "Ontslag met d\u00E9charge werd verteend aan de heer Ulrichs Nicolas als bestuurder met ingang van 15.12.2022.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "board_snapshot",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Waseqh Tawid",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-01-12",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2022-12-15",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0759.811.688",
    "name_full": "Saffronline",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999Overige niet-gespecialiseerde detailhandel47120Overige detailhandel in voedingsmiddelen, neg47279Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.47299Detailhandel via postorderbedrijven of via internet47910
Primary activity highlighted.
Names & trade names
Legal nameNL SAFFRONLINE
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative