Skip to content

SAFICO

Active
Private limited companyfounded 2002active for 24 yearsKnokstraat 19, 9870 Zulte, BelgiumKBO/BCE: BE 0477.295.824
Summary

SAFICO has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,205 and a net result of -€4,496. Equity has been stable since 2019 (±0.4% per year). Its solvency ranks better than 35% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 09-04-2002 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 1 other
Establishment unit
2.096.133.871 9870 Zulte, since 21-06-2002
Financial year end
30 June
Peppol
Reachable since 09-12-2025

Board and ownership

Financial position

78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 30-06-2025
Gross margin
€17,074
▼ 16.7%
Turnover
≈ €120,000
estimated
Loss
€4,496
Equity
€58,205
▼ 7.2%
Total assets
€193,416
▲ 16.0%
Staff
≈ 0 FTE
estimated
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 0.43, cash €875lowers riskFounded in 2002Size: total assets €193,416Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 23% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 55-8
equity 30.1% of total assets
Liquidity 26+1
short-term debt 49.3% · cash 0.5%
Profitability 40-24
return on assets -2.3%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.9%▲ +0.3 percentage points vs 12-2024highest value 02-2025: 0.6%▼ -0.3 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.2 percentage points vs 12-2025 02-2026: 0.5%▼ -0.3 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026lowest value 08-2026: 0.5%● unchanged vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.43 (0.61 in 2024), below 1. Short-term debt is 49.3% and cash 0.5% of total assets. 69.9% 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 25, micro). It does better than 33% of them on solvency, 14% on liquidity, 19% on profitability and 25% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Liquidity: current ratio 0.43, cash €875
NBB · annual accounts
lowers risk · Size: total assets €193,416
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
25 days early
2023
19 days early
2022
6 days early
2021
5 days early
2020
43 days early
2019
44 days early
← 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 24 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 January (5 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
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 83% of companies in fabricated metal productssector median €12,117 · 2,332 companies -€4,496 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignation: SAELENS Filip Nicolaï (statutory director)Reappointment: SAELENS Filip Nicolaï (statutory director) · Appointment: SAELENS Filip Nicolaï (statutory director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as SAFICO: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €163,000 and €298,000, founded between 1998 and 2006.

CompanyTotal assetsGross margin
SAFICO Zulte€193,416€17,074
STS Constructies Gent€221,264€18,813
DE BRUYN MAGAZIJNINRICHTING Bornem€173,521€14,460
CAD PROJECT CONSULT Ieper€163,004€17,225
NEOTEC Dendermonde€168,021€28,011
DE BROUWER LUC Oosterzele€213,413€28,067
D.V. SERVICES Evergem€298,178€18,516
Full comparison

Key facts about SAFICO

What is the company number of SAFICO?
The company number of SAFICO is 0477.295.824. The VAT number is the same number with BE in front: BE 0477.295.824.
Where is SAFICO based?
The registered office is at Knokstraat 19, 9870 Zulte.Company details
What does SAFICO do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of SAFICO?
The legal form of SAFICO is Private limited company (BV).
When was SAFICO founded?
SAFICO was founded on 09-04-2002.
Is SAFICO still active?
Yes, SAFICO is an active enterprise in the KBO register.
What is the turnover of SAFICO?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €17,074 and 36 comparable companies (NACE 25). It probably lies between €49,000 and €220,000. It is a rough estimate.Financials
Is SAFICO profitable?
In financial year 2025, SAFICO made a loss of €4,496.
Where can I find the annual accounts of SAFICO?
SAFICO filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAFICO due?
SAFICO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.