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SAFI FOOD

Active
Public limited companyfounded 1997active for 28 yearsIeperlaan 60, 1000 Brussel, BelgiumKBO/BCE: BE 0461.887.571
Summary

SAFI FOOD has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €857,233 and a net result of €175,581. Equity has been growing by about 32% per year since 2018. Its solvency ranks better than 60% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-11-1997 Normal situation
Activity
Non-specialised wholesale NACE 46392and 1 other
Establishment units
2.084.429.634 1000 Brussel, since 03-12-1997
2.296.105.509 1090 Jette, since 02-05-2019
Financial year end
31 December
Peppol
Reachable since 11-11-2025

Board and ownership

Board

Financial position

57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€458,638
▼ 5.9%
Turnover
≈ €2.8m
estimated
Profit
€175,581
▼ 24.1%
Equity
€857,233
▲ 23.1%
Total assets
€1.6m
▲ 5.1%
Employees on 31-12-2025
1
  • 2025 accounts filed 91 days after the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingLast filed accounts filed 91 days late; 3 of the last 3 accounts latelowers riskFounded in 1997Liquidity: current ratio 2.17, cash €438,531Equity €857,233 (54.5% of total assets)Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 71% of micro companies in wholesale trade (NACE 46)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 79+7
equity 54.5% of total assets
Liquidity 63+11
short-term debt 45.5% · cash 27.9%
Profitability 83-5
return on assets 11.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -0.3 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is ample, with a current ratio of 2.17 (1.86 in 2024), above the usual 1.5. Short-term debt is 45.5% and cash 27.9% of total assets. 45.5% 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 46, micro). It does better than 61% of them on solvency, 69% on liquidity, 76% on profitability and 78% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 91 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.17, cash €438,531
NBB · annual accounts
lowers risk · Equity €857,233 (54.5% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 91 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-10-2026, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
91 days late
2024
61 days late
2023
91 days late
2022
60 days late
2021
58 days late
2020
60 days late
2019
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 77 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
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. The company usually files around 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €175,581 8 years View

Recent changes

  1. · Gazette deed Change of role: JADI Youssef, from director to director and daily management delegateResignations: EL JADI Noura (director) and JADI Mohamed (managing director) · Appointments: EL JADI Miriam (director) and EL JADI Yasin (director and daily management delegate)
  2. · Gazette deed Resignation: JADI Kamal (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as SAFI FOOD: non-specialised wholesale (NACE 46392). They are comparable in size and age: total assets between €1.2m and €1.9m, founded between 1991 and 2001.

CompanyTotal assetsGross margin
SAFI FOOD Brussel€1.6m€0.5m
M.L.P. Schaarbeek€1.8m€0.4m
SAFAE Machelen (Brab.)€1.6m€0.6m
SENKA Anderlecht€1.9m€0.3m
VDS Seafood Merelbeke-Melle€1.2m€0.4m
FIT SUD Ath€1.4m€0.7m
SCHILDERS Bornem€1.5m€0.5m
Full comparison

Key facts about SAFI FOOD

What is the company number of SAFI FOOD?
The company number of SAFI FOOD is 0461.887.571. The VAT number is the same number with BE in front: BE 0461.887.571.
Where is SAFI FOOD based?
The registered office is at Ieperlaan 60, 1000 Brussel.Company details
What does SAFI FOOD do?
According to the KBO register, the main activity is non-specialised wholesale (NACE 46392).
What is the legal form of SAFI FOOD?
The legal form of SAFI FOOD is Public limited company (NV).
When was SAFI FOOD founded?
SAFI FOOD was founded on 14-11-1997.
Is SAFI FOOD still active?
Yes, SAFI FOOD is an active enterprise in the KBO register.
How many employees does SAFI FOOD have?
SAFI FOOD had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SAFI FOOD?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €458,638 and 30 comparable companies (NACE 463). It probably lies between €2.1m and €5.1m.
Is SAFI FOOD profitable?
In financial year 2025, SAFI FOOD made a profit of €175,581.
Where can I find the annual accounts of SAFI FOOD?
SAFI FOOD filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAFI FOOD due?
SAFI FOOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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