Safi Partners
ActiveThe computed 12-month bankruptcy probability of Safi Partners is 2.1% (moderate). The 2024 annual accounts show equity of €26k and a net result of €25k. Its solvency ranks better than 71% of 26052 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency83
Growth-
Track record67
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.91; short-term debt: 41.7% and cash: 6.4% of total assets), and 41.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k
Total assets
€45k
Net result
€25k
Working capital
€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €45k
Fixed assets
€9k
Current assets
€36k
Equity and liabilities €45k
Equity
€26k
Debt
€19k
Debt finances 41.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€36k
Cash flow
€27k
Solvency
58.3%
Current ratio
1.91
Quick ratio
1.88
Debt / equity
0.72
ROE
94.3%
ROA
55.0%
Interest coverage
76.31
Debt
€19k
Debt ≤ 1 year
€19k
Income taxes
€9k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€45k
Fixed assets21/28€9k
Tangible fixed assets22/27€9k
Plant, machinery and equipment23€2k
Furniture and vehicles24€1k
Other tangible fixed assets26€6k
Current assets29/58€36k
Stocks and contracts in progress3€525
Stocks30/36€525
Amounts receivable within one year40/41€31k
Trade receivables40€6k
Other amounts receivable41€25k
Cash at bank and in hand54/58€3k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€45k
Equity10/15€26k
Contributions10/11€2k
Reserves13€25k
Distributable reserves133€25k
Amounts payable17/49€19k
Amounts payable within one year42/48€19k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€16k
Taxes450/3€16k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€830
Gross operating margin9900€37k
Operating profit (loss)9901€33k
Financial income75/76B€862
Recurring financial income75€862
Financial charges65/66B€468
Recurring financial charges65€468
Profit (loss) for the period before taxes9903€34k
Income taxes67/77€9k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Appropriation of the result
Profit (loss) to be appropriated9906€25k
Transfer to equity691/2€25k
To other reserves6921€25k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2023
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.
Offerandestraat 982060 AntwerpenGround area
87 m²
Building footprint
92 m²
Volume, LiDAR
1,162 m³
Parcel 11808H0566/00F003, Flanders · tallest building 14.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Safi Partners
since 20232.354.266.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H0566/00F003 | Flanders | 87 m² | 1 · 92 m² | 14.9 m · 5 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.
Similar companies · same sector, comparable size
"WORKWEAR A-M-S"
BE 0675.948.755
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ZELISE
BE 0684.767.243
Brussel · Eq €28k
AFAIR
BE 0779.418.754
Ciney · Eq €28k
HORSEFUELS
BE 0479.142.584
Torhout · Eq €25k
Inci Mode
BE 0691.960.584
Gent · Eq €31k
Of 264 companies in sector 47511 we hold annual accounts for 96. 78 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2023
Fiscal year end31-12
Activities, NACEBEL
47511Retail trade
47715Retail trade
74300Other professional, scientific and technical activities
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.