SAFI TRANS
ActiveSummary
The computed 12-month bankruptcy probability of SAFI TRANS is 3.1% (moderate). The 2025 annual accounts show negative equity (-€22,917) and a net result of -€68,211. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 4735 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2023
Profitability0=
Solvency16▲+16
Growth55=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.38 in 2023; short-term debt: 109.3% and cash: 7.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.3%
Return on assets
-27.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year -€22,917
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2023
27 d early
2022
60 d late
2021
80 d late
2020
60 d late
2019
22 d early
2018
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2023 is 1 day after the deadline, and 50% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€898,124▲ 35.5%
2021 · €662,824
EBIT margin
-3.8%▼ 3.6pp
2021 · -0.1%
Net result
-€68,211▲ 78.9%
2023 · -€323,746
Working capital
-€179,095▲ 51.8%
2023 · -€371,567
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20202021202220232025
Turnover€525,014▲ 7.1%€662,824▲ 26.2%€898,124▲ 35.5%
Operating result€15,097▲ 1.9%-€841-€33,758▼ 3,914%-€316,296▼ 837%-€62,112-
Net result€2,002within the sector's middle half▲ 167%€8,484within the sector's middle half▲ 324%-€61,977below the sector's middle half-€323,746below the sector's middle half▼ 422%-€68,211below the sector's middle half-
EBIT margin2.9%▼ 0.1pp-0.1%▼ 3.0pp-3.8%▼ 3.6pp
Equity€31,395within the sector's middle half▲ 6.8%€39,879within the sector's middle half▲ 27.0%-€22,098below the sector's middle half-€345,844below the sector's middle half▼ 1,465%-€22,917below the sector's middle half-
Total assets€247,522within the sector's middle half▼ 22.8%€322,820above the sector's middle half▲ 30.4%€433,483above the sector's middle half▲ 34.3%€430,221below the sector's middle half▼ 0.8%€247,607within the sector's middle half-
Debt€216,127▼ 25.8%€282,941▲ 30.9%€455,581▲ 61.0%€776,065▲ 70.3%€270,524-
Working capital-€67,649below the sector's middle half▼ 51.5%-€54,993below the sector's middle half▲ 18.7%-€150,366below the sector's middle half▼ 173%-€371,567below the sector's middle half▼ 147%-€179,095below the sector's middle half-
Solvency12.7%below the sector's middle half▲ 3.5pp12.4%below the sector's middle half▼ 0.3pp-5.1%below the sector's middle half▼ 17.5pp-80.4%below the sector's middle half▼ 75.3pp-9.3%below the sector's middle half-
Current ratio0.55below the sector's middle half▼ 0.160.69below the sector's middle half▲ 0.140.47below the sector's middle half▼ 0.220.38below the sector's middle half▼ 0.080.34below the sector's middle half-
Return on assets (ROA)0.8%within the sector's middle half▲ 0.6pp2.6%within the sector's middle half▲ 1.8pp-14.3%below the sector's middle half▼ 16.9pp-75.3%below the sector's middle half▼ 61.0pp-27.5%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result -422% on 2022. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result is -€62,112 in 2025, compared with -€316,296 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €247,607
Fixed assets
€156,178 ▼ 21.6%
Current assets
€91,429 ▼ 60.4%
Key figures and ratios
EBITDA
-€22,711▲
2023 · -€200,616
Cash flow
-€28,810▲
2023 · -€208,066
Debt to equity
-11.80▼
2023 · -2.24
Interest coverage
-229.40▲
2023 · -1823.78
Debt ≤ 1 year
€270,524▼
2023 · €602,514
Income taxes
€6,000▼
2023 · €7,347
Staff costs
€249,158▼
2023 · €421,139
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 6,906 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
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €525,014 | €662,824 | €898,124 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €308,115 | €446,982 | - | - | - |
| Remuneration, social security and pensions62 | - | €205,767 | €349,802 | €421,139 | €249,158 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,225 | €78,364 | €83,225 | €115,680 | €39,401 | - |
| Other operating charges640/8 | - | €71,418 | €51,873 | €3,571 | €1,219 | - |
| Gross operating margin9900 | €259,463 | €354,709 | €451,142 | €224,094 | €227,666 | - |
| Operating profit (loss)9901 | €15,097 | -€841 | -€33,758 | -€316,296 | -€62,112 | - |
| Financial income75/76B | - | €27,239 | €1 | €7 | - | - |
| Recurring financial income75 | - | €27,239 | €1 | €7 | - | - |
| Non-recurring financial income76B | - | €27,239 | €1 | - | - | - |
| Financial charges65/66B | - | €8,991 | €28,219 | €110 | €99 | - |
| Recurring financial charges65 | €6,568 | €7,333 | €12,339 | €110 | €99 | - |
| Non-recurring financial charges66B | - | €1,658 | €15,881 | - | - | - |
| Profit (loss) for the period before taxes9903 | €7,013 | €17,407 | -€61,977 | -€316,399 | -€62,211 | - |
| Income taxes67/77 | €5,011 | €8,923 | - | €7,347 | €6,000 | - |
| Profit (loss) for the period9904 | €2,002 | €8,484 | -€61,977 | -€323,746 | -€68,211 | - |
| Profit (loss) for the period to be appropriated9905 | €2,002 | €8,484 | -€61,977 | -€323,746 | -€68,211 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €247,522 | €322,820 | €433,483 | €430,221 | €247,607 | - |
| Fixed assets21/28 | €163,535 | €200,306 | €301,819 | €199,274 | €156,178 | - |
| Tangible fixed assets22/27 | €131,510 | €168,146 | €269,794 | €167,249 | €124,153 | - |
| Furniture and vehicles24 | - | €29,600 | €16,465 | €167,249 | €124,153 | - |
| Leasing and similar rights25 | - | €138,546 | €253,329 | - | - | - |
| Financial fixed assets28 | €32,025 | €32,160 | €32,025 | €32,025 | €32,025 | - |
| Current assets29/58 | €83,987 | €122,514 | €131,664 | €230,947 | €91,429 | - |
| Amounts receivable within one year40/41 | €69,777 | €122,229 | €131,657 | €203,857 | €73,386 | - |
| Trade receivables40 | - | €122,229 | €131,624 | €193,557 | €73,386 | - |
| Other amounts receivable41 | - | - | €33 | €10,300 | - | - |
| Cash at bank and in hand54/58 | €14,210 | €285 | €8 | €27,090 | €18,043 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €247,522 | €322,820 | €433,483 | €430,221 | €247,607 | - |
| Equity10/15 | €31,395 | €39,879 | -€22,098 | -€345,844 | -€22,917 | - |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | - | - |
| Share premium1100/10 | - | €18,600 | €18,600 | - | - | - |
| Other1109/19 | - | - | - | €18,600 | - | - |
| Profit (loss) carried forward14 | €12,795 | €21,279 | -€40,698 | -€364,444 | -€41,517 | - |
| Amounts payable17/49 | €216,127 | €282,941 | €455,581 | €776,065 | €270,524 | - |
| Amounts payable after more than one year17 | €64,491 | €105,434 | €173,551 | €173,551 | - | - |
| Financial debts170/4 | - | €105,434 | €173,551 | €173,551 | - | - |
| Amounts payable within one year42/48 | €151,636 | €177,507 | €282,030 | €602,514 | €270,524 | - |
| Current portion of amounts payable after more than one year42 | - | €67,426 | €98,882 | €98,882 | - | - |
| Trade debts44 | €19,098 | €23,768 | €46,008 | €136,894 | €37,862 | - |
| Suppliers440/4 | - | €23,768 | €46,008 | €136,894 | €37,862 | - |
| Taxes, remuneration and social security45 | - | €39,797 | €110,520 | €340,118 | €10,390 | - |
| Taxes450/3 | - | €23,685 | €74,238 | €207,412 | €10,390 | - |
| Remuneration and social security454/9 | - | €16,112 | €36,281 | €132,706 | - | - |
| Other amounts payable47/48 | - | €46,516 | €26,620 | €26,620 | €222,272 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,002 | €8,484 | -€61,977 | -€323,746 | -€68,211 | - |
| + Depreciation and write-downs630 | €66,225 | €78,364 | €83,225 | €115,680 | €39,401 | - |
| Operating cash flow (approximation) | €68,227 | €86,848 | €21,248 | -€208,066 | -€28,810 | - |
| Investment in fixed assets (approximation) | - | -€115,135 | -€184,737 | -€13,135 | - | - |
| Change in cash | - | -€13,925 | -€277 | €27,082 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€323,746
Net result drops to -€323,746, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 69 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 85 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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, Sint-Agatha-Berchem · 1 establishment unit since 2014
Ground area
683 m²
Building footprint
685 m²
Volume, LiDAR
4,644 m³
2 parcels, Brussels · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
1 establishment unit
Transport rémunéré de personne
since 20142.236.746.259
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0085/02T004 | Brussels | 394 m² | 1 · 392 m² | 17.0 m · 1 fl. |
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 5,822 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0844110826
Also
9925:BE0844110826
Registered
02-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.