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SAFOX

Active
Private limited companyfounded 2011active for 15 yearsHerkenrodesingel 4, 3500 Hasselt, BelgiumKBO/BCE: BE 0837.061.795
Summary

SAFOX has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272,475 and a net result of €116,021. Equity has been growing by about 38% per year since 2019. Its solvency ranks better than 32% of 3,395 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-06-2011 Normal situation
Registered office
26 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Computer programming NACE 62100and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-09-2025
Establishment unit
2.199.939.214 3500 Hasselt, since 17-06-2011
Financial year end
30 September
Peppol
Reachable since 24-09-2024

Board and ownership

Board
  • Vanwelkenhuyzen HarmDirector · since 03-02-2021
  • AppiusDirector · since 23-12-2024 · permanent representative Lander Vanwelkenhuyzen
Shareholders

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€502,961
▲ 24.0%
Turnover
≈ €1.3m
estimated
Profit
€116,021
▲ 293%
Equity
€272,475
=
Total assets
€1.1m
▼ 1.6%
Employees on 30-09-2025
5
=
Score breakdownraises riskSize: 5.3 FTE, total assets €1.1mlowers riskFigures for financial year 2025 (filed on 05-05-2026)Sector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.87, cash €139,267Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 29% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Average
Solvency 50+1
equity 24.6% of total assets
Liquidity 40-1
short-term debt 51.3% · cash 12.6%
Profitability 72+29
return on assets 10.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged 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: 0.4%▲ +0.2 percentage points vs 03-2026 05-2026: 0.6%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.2%▼ -0.4 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.87 (2.67 in 2024), above the usual 1.5. Short-term debt is 51.3% and cash 12.6% of total assets. However, 75.4% 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 62, micro). It does better than 25% of them on solvency, 16% on liquidity, 30% on profitability and 43% on growth.

The bankruptcy probability was computed on 02-11-2026 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 riskneutral
lowers risk · Figures for financial year 2025 (filed on 05-05-2026)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.87, cash €139,267
NBB · annual accounts
raises risk · Size: 5.3 FTE, total assets €1.1m
Companies of this size fail more 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 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
57 days early
2022
37 days early
2021
1 day early
2020
35 days early
2019
14 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 21 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €29,509 to €116,021 ▲ 293% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Higher net result than 80% of companies in computer programming and consultancysector median €23,029 · 3,395 companies €116,021 View
  • Positive: 5 profitable years in a rowprofit 2025: €116,021 5 years View

Recent changes

  1. · Gazette deed Resignation: Lander Vanwelkenhuyzen (director)Appointment: Appius (director) · Permanent representative: Lander Vanwelkenhuyzen
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as SAFOX: computer programming (NACE 62100). They are comparable in size and age: total assets between €746,000 and €1.2m, founded between 2008 and 2013.

CompanyTotal assetsGross margin
SAFOX Hasselt€1.1m€0.5m
BIQS IT Tessenderlo-Ham€1.1m€0.5m
APPMAX Genk€1.2m€0.5m
THALENTO Hasselt€0.7m€0.5m
TREE Mortsel€0.9m€0.6m
ActiveMe Ottignies-Louvain-la-Neuve€1.2m€0.4m
L&T TECHNOLOGY SERVICES LIMITED mumbai€1.1m€0.5m
Full comparison

Key facts about SAFOX

What is the company number of SAFOX?
The company number of SAFOX is 0837.061.795. The VAT number is the same number with BE in front: BE 0837.061.795.
Where is SAFOX based?
The registered office is at Herkenrodesingel 4, 3500 Hasselt.Company details
What does SAFOX do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of SAFOX?
The legal form of SAFOX is Private limited company (BV).
When was SAFOX founded?
SAFOX was founded on 17-06-2011.
Is SAFOX still active?
Yes, SAFOX is an active enterprise in the KBO register.
How many employees does SAFOX have?
SAFOX had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SAFOX fall under?
In its 30-09-2025 annual accounts, SAFOX states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of SAFOX?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €502,961 and 149 comparable companies (NACE 62). It probably lies between €910,000 and €2.1m.
Is SAFOX profitable?
In financial year 2025, SAFOX made a profit of €116,021.
Where can I find the annual accounts of SAFOX?
SAFOX filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAFOX due?
SAFOX must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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