SAFRAM
ActiveThe computed 12-month bankruptcy probability of SAFRAM is 5.2% (elevated). The 2025 annual accounts show negative equity (€-36k) and a net result of €-10k. Equity is shrinking by ~111.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 4472 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.23 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-99.5%
Return on assets
-26.8%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 5 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
60 d late
2022
38 d early
2021
12 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-36k▼ 37.0%
2024 · €-26k
2021: €11k
2022: €4k
2023: €-608
2024: €-26k
2021 → 2025
Total assets
€36k▼ 36.1%
2024 · €56k
2021: €43k
2022: €38k
2023: €29k
2024: €56k
2021 → 2025
Net result
€-10k▲ 62.2%
2024 · €-26k
2021: €3k
2022: €-6k
2023: €-5k
2024: €-26k
2021 → 2025
Working capital
€-48k▼ 6.5%
2024 · €-45k
2021: €-9k
2022: €-10k
2023: €-12k
2024: €-45k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€4k▼ 58.6%€-608€-26k▼ 4,210%€-36k▼ 37.0%
Operating result€4k-€-6k€-5k▲ 22.0%€-24k▼ 395%€-8k▲ 67.0%
Net result€3k-€-6k€-5k▲ 19.7%€-26k▼ 407%€-10k▲ 62.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€29k▼ 31.6%
Current assets
€7k▼ 50.6%
Key figures and ratios
EBITDA
€6k▲
2024 · €-13k
Cash flow
€4k▲
2024 · €-14k
Solvency
-99.5%▼
2024 · -46.4%
Current ratio
0.12▼
2024 · 0.23
Quick ratio
0.12▼
2024 · 0.23
Debt / equity
-2.01▲
2024 · -3.15
ROE
27.0%▼
2024 · 97.7%
ROA
-26.8%▲
2024 · -45.4%
Interest coverage
3.35▲
2024 · -10.14
Debt
€72k▼
2024 · €83k
Debt ≤ 1 year
€55k▼
2024 · €58k
Debt > 1 year
€17k▼
2024 · €24k
Staff costs
€21k▼
2024 · €29k
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€56k€36k▼
Fixed assets21/28€43k€29k▼
Tangible fixed assets22/27€43k€29k▼
Furniture and vehicles24€43k€29k▼
Current assets29/58€13k€7k▼
Amounts receivable within one year40/41€536€2k▲
Trade receivables40€386€2k▲
Other amounts receivable41€150€150=
Cash at bank and in hand54/58€13k€5k▼
Equity and liabilities
Total equity and liabilities10/49€56k€36k▼
Equity10/15€-26k€-36k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-34k€-44k▼
Amounts payable17/49€83k€72k▼
Amounts payable after more than one year17€24k€17k▼
Financial debts170/4€24k€17k▼
Amounts payable within one year42/48€58k€55k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Taxes, remuneration and social security45€15k€16k▲
Taxes450/3€479€3k▲
Remuneration and social security454/9€15k€13k▼
Other amounts payable47/48€26k€26k▼
Income statement
Code20242025
Remuneration, social security and pensions62€29k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8-€471
Gross operating margin9900€15k€27k▲
Operating profit (loss)9901€-24k€-8k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-26k€-10k▲
Profit (loss) for the period9904€-26k€-10k▲
Profit (loss) for the period to be appropriated9905€-26k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-44k▼
Profit (loss) brought forward from the previous period14P€-8k€-34k▼
The notes to these accounts (5 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ternat · 1 establishment unit since 2021
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.
Esdoornstraat 71742 TernatGround area
454 m²
Building footprint
95 m²
Volume, LiDAR
649 m³
Parcel 23071C0690/00S006, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAFRAM
since 20212.312.773.077
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0690/00S006 | Flanders | 453 m² | 1 · 95 m² | 10.2 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.
Similar companies · same sector, comparable size
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DONCHE TOURISME
BE 0552.723.024
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LUXURY RAS
BE 0680.850.126
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JERRAR
BE 1023.955.952
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Of 956 companies in sector 49310 we hold annual accounts for 478. 261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2021
Fiscal year end31-12
Activities, NACEBEL
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
45112
46180Agents specialised in the wholesale of other particular products
49390Land transport and transport via pipelines
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:saframpro@gmail.com
Phone:+32489301910