SAFOX
ActiveSAFOX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272k and a net result of €116k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+46
Solvency56▼-3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 2.67 in 2024), but 75.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.6%
Return on assets
10.5%
Age of the figures
11 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
57 d early
2022
37 d early
2021
1 d early
2020
35 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€272k=
2024 · €272k
2019: €57k
2020: €52k
2021: €55k
2022: €149k
2023: €243k
2024: €272k
2019 → 2025
Total assets
€1.11M▼ 1.6%
2024 · €1.12M
2019: €163k
2020: €173k
2021: €342k
2022: €638k
2023: €880k
2024: €1.12M
2019 → 2025
Net result
€116k▲ 293%
2024 · €30k
2019: €5k
2020: €-5k
2021: €4k
2022: €93k
2023: €94k
2024: €30k
2019 → 2025
Working capital
€494k▼ 27.8%
2024 · €684k
2019: €46k
2020: €41k
2021: €168k
2022: €246k
2023: €377k
2024: €684k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€149k▲ 168%€243k▲ 63.3%€272k▲ 12.1%€272k=
Operating result€23k-€153k▲ 566%€133k▼ 13.2%€73k▼ 45.3%€158k▲ 117%
Net result€4k-€93k▲ 2,321%€94k▲ 0.9%€30k▼ 68.7%€116k▲ 293%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 117% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€45k▲ 47.8%
Current assets
€1.06M▼ 3.0%
Equity and liabilities €1.11M
Equity
€272k=
Provisions
€0▼ 100%
Debt
€834k▲ 2.6%
The debt ratio rises from 72.3% to 75.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€173k▲
2024 · €84k
Cash flow
€131k▲
2024 · €41k
Solvency
24.6%▲
2024 · 24.2%
Current ratio
1.87▼
2024 · 2.67
Quick ratio
1.87▼
2024 · 2.67
Debt / equity
3.06▲
2024 · 2.98
ROE
42.6%▲
2024 · 10.8%
ROA
10.5%▲
2024 · 2.6%
Interest coverage
4.79▲
2024 · 2.55
Debt
€834k▲
2024 · €812k
Debt ≤ 1 year
€567k▲
2024 · €409k
Debt > 1 year
€9k▼
2024 · €15k
Income taxes
€29k▼
2024 · €35k
Staff costs
€346k▲
2024 · €296k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.12M€1.11M▼
Fixed assets21/28€31k€45k▲
Intangible fixed assets21-€11k
Tangible fixed assets22/27€31k€34k▲
Furniture and vehicles24€10k€20k▲
Leasing and similar rights25€21k€15k▼
Current assets29/58€1.09M€1.06M▼
Amounts receivable within one year40/41€1.03M€891k▼
Trade receivables40€208k€134k▼
Other amounts receivable41€818k€757k▼
Cash at bank and in hand54/58€63k€139k▲
Deferred charges and accrued income490/1€4k€30k▲
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.11M▼
Equity10/15€272k€272k=
Contributions10/11€38k€38k=
Reserves13€234k€234k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€231k€231k=
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€39k€0▼
Provisions for liabilities and charges160/5€39k€0▼
Other liabilities and charges164/5€39k€0▼
Amounts payable17/49€812k€834k▲
Amounts payable after more than one year17€15k€9k▼
Financial debts170/4€15k€9k▼
Amounts payable within one year42/48€409k€567k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€211k€238k▲
Suppliers440/4€211k€238k▲
Taxes, remuneration and social security45€190k€206k▲
Taxes450/3€113k€95k▼
Remuneration and social security454/9€77k€111k▲
Other amounts payable47/48€2k€116k▲
Accrued charges and deferred income492/3€388k€258k▼
Income statement
Code20242025
Non-recurring operating income76A-€31k
Remuneration, social security and pensions62€296k€346k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€15k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€23k€-39k▼
Other operating charges640/8€2k€23k▲
Gross operating margin9900€406k€503k▲
Operating profit (loss)9901€73k€158k▲
Financial income75/76B€25k€23k▼
Recurring financial income75€25k€23k▼
Financial charges65/66B€33k€36k▲
Recurring financial charges65€33k€36k▲
Profit (loss) for the period before taxes9903€65k€145k▲
Income taxes67/77€35k€29k▼
Profit (loss) for the period9904€30k€116k▲
Profit (loss) for the period to be appropriated9905€30k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€116k▲
Transfer to equity691/2€30k€21▼
To other reserves6921€30k€21▼
Profit to be distributed694/7-€116k
Return on contributions (dividend)694-€116k
Social balance
Average headcount (FTE)90874.35.3▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2019net €116k ▲293%
Operating result €158k, net result €116k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €200kEq €243k ▲63.3%
3 profitable years in a row build equity to €243k.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €100kEq €149k ▲168%
2 profitable years in a row build equity to €149k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
Financial
Weakest financial yearnet €-5k ▼206%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2011
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.
Herkenrodesingel 43500 HasseltGround area
9,155 m²
Building footprint
3,147 m²
Volume, LiDAR
25,851 m³
Parcel 71327G0668/00Z000, Flanders · tallest building 20.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAFOX
since 20112.199.939.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0668/00Z000 | Flanders | 9,155 m² | 1 · 3,147 m² | 20.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 43,489 EUR awarded · 43,489 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 12,572 EUR | 12,572 EUR |
| 2024 | 1 | 16,970 EUR | 16,970 EUR |
| 2023 | 1 | 13,947 EUR | 13,947 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Similar companies · same sector, comparable size
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WONKA AI
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AUTOMATION SYSTEMS COMPANY
BE 0445.822.787
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TECHNATION
BE 0447.751.307
Zoersel · Eq €272k
GEMA Benelux
BE 0639.961.755
Machelen (Brab.) · Eq €273k
Of 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2011
Fiscal year end30-09
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0497/441.797