SAFRAN BLADES
The computed 12-month bankruptcy probability of SAFRAN BLADES is 1.7% (moderate). The 2025 annual accounts show equity of €44.28M and a net result of €-13.97M. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €44.28M |
| Net result | €-13.97M |
| Staff (FTE) | 50.8 |
| Active | 3 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Show 14 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €5.96M |
| EBITDA | €-9.63M |
| Net profit | €-13.97M |
| Cash flow | €-9.30M |
| Staff costs | €4.25M |
| Income taxes | €-91k |
| Dividends | - |
| Total assets | €68.59M |
| Equity | €44.28M |
| Debt | €24.31M |
| of which ≤ 1y | €23.46M |
| of which > 1y | €850k |
| Working capital | €-9.36M |
| Employees (FTE) | 50.8 |
| 2025 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.43 |
| Working capital ratio | -13.6% |
| Solvency | 64.6% |
| Debt / equity | 0.55 |
| Long-term debt ratio | 0.02 |
| Interest coverage | -1757.91 |
| Gross margin | 88.5% |
| Net margin | -234.2% |
| ROA | -20.4% |
| ROE | -31.5% |
| EBITDA margin | -161.5% |
| Days sales outstanding | 69d |
| Days payable outstanding | 6986d |
| Inventory turnover | 0.17 |
| Days inventory (DSI) | 2163d |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €68.59M |
| Fixed assets | 21/28 | €54.49M |
| Intangible fixed assets | 21 | €113k |
| Tangible fixed assets | 22/27 | €54.37M |
| Financial fixed assets | 28 | €600 |
| Current assets | 29/58 | €14.10M |
| Stocks & contracts in progress | 3 | €4.07M |
| Amounts receivable within one year | 40/41 | €5.70M |
| Cash & bank | 54/58 | €4.31M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €68.59M |
| Equity | 10/15 | €44.28M |
| Contributions / capital | 10/11 | €62.13M |
| Accumulated profits (losses) | 14 | €-18.79M |
| Amounts payable | 17/49 | €24.31M |
| Amounts payable after one year | 17 | €850k |
| Amounts payable within one year | 42/48 | €23.46M |
| Trade debts payable within one year | 44 | €13.14M |
| Income statement | ||
| Turnover | 70 | €5.96M |
| Operating result | 9901 | €-14.29M |
| Financial income | 75 | €242k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-14.06M |
| Income taxes | 67/77 | €-91k |
| Net result for the period | 9904 | €-13.97M |
| Result to be appropriated | 9905 | €-13.97M |
-
Sophie BERTHELIERDirector (executive)State Gazette act 26068265 (28-05-2026)Current06-05-2026 → present
Former directors (1)
-
Sophie MALBECDirector (executive)State Gazette act 26068265 (28-05-2026)Former- → 06-05-2026
| NACE primary | Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee(30310) |
| Legal form | Public limited company(014) |
| Incorporation | 29-12-2022 |
| Status | Active |
| Postal code | 4570 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61039A0553/00K002 | Wallonia | 2.1 ha | 1 · 1.1 ha | 17.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-05-2026 General meeting · Officer resignation · Officer appointment · Auditor mandate
- Filing: 2026-05-19 · SAFRAN BLADES
- Publication: 2026-05-28 · SAFRAN BLADES
- General meeting: 2026-05-06 · SAFRAN BLADES
- Officer resignation: role: administrateur et présidente du conseil d'administration, effective_date: 2026-05-06 · Sophie MALBEC
- Officer appointment: role: administrateur, term_end: 2032-05, term_start: 2026-05-06 · Sophie BERTHELIER
- Auditor mandate: duration: trois ans, term_end: 2029-05, term_start: 2026-05-06 · Ernst & Young Réviseur d'Entreprises
- Permanent representative: role: représentant permanent · Emilie Van Callemont
- Act object: DEMISSION - NOMINATION - RENOUVELLEMENT
Technical details
{
"facts": [
{
"type": "filing",
"quote": "19/5/2026",
"value": "2026-05-19",
"object": null,
"subject": "e1"
},
{
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 28/05/2026",
"value": "2026-05-28",
"object": null,
"subject": "e1"
},
{
"type": "general_meeting",
"quote": "Assembl\u00E9e G\u00E9n\u00E9rale Ordinaire du 6 mai 2026",
"value": "2026-05-06",
"object": null,
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "L\u0027Assembl\u00E9e g\u00E9n\u00E9rale prend acte de la d\u00E9mission de Madame Sophie MALBEC de son mandat d\u0027administrateur et de pr\u00E9sidente du conseil d\u0027administration avec effet \u00E0 l\u0027issue de l\u0027Assembl\u00E9e G\u00E9n\u00E9rale Ordinaire du 6 mai 2026",
"value": {
"role": "administrateur et pr\u00E9sidente du conseil d\u0027administration",
"effective_date": "2026-05-06"
},
"object": "e1",
"subject": "e2"
},
{
"type": "officer_appointment",
"quote": "L\u0027Assembl\u00E9e g\u00E9n\u00E9rale nomme en qualit\u00E9 d\u0027administrateur Madame Sophie BERTHELIER pour un mandat d\u0027une dur\u00E9e de six ans, expirant \u00E0 l\u0027issue de l\u0027Assembl\u00E9e G\u00E9n\u00E9rale Ordinaire de mai 2032 qui statuera sur les comptes de l\u0027exercice 2031.",
"value": {
"role": "administrateur",
"term_end": "2032-05",
"term_start": "2026-05-06"
},
"object": "e1",
"subject": "e3"
},
{
"type": "auditor_mandate",
"quote": "L\u0027Assembl\u00E9e g\u00E9n\u00E9rale renouvelle le mandat de commissaire r\u00E9viseur de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e Ernst \u0026 Young R\u00E9viseur d\u0027Entreprises... pour une dur\u00E9e de trois ans, expirant \u00E0 l\u0027issue de l\u0027Assembl\u00E9e G\u00E9n\u00E9rale Ordinaire de mai 2029 qui statuera sur les comptes de l\u0027exercice 2028.",
"value": {
"duration": "trois ans",
"term_end": "2029-05",
"term_start": "2026-05-06"
},
"object": "e1",
"subject": "e4"
},
{
"type": "permanent_representative",
"quote": "repr\u00E9sent\u00E9e par Madame Emilie Van Callemont, r\u00E9viseur d\u0027entreprises, en qualit\u00E9 de repr\u00E9sentant permanent",
"value": {
"role": "repr\u00E9sentant permanent"
},
"object": "e4",
"subject": "e5"
},
{
"type": "act_object",
"quote": "Objet de l\u0027acte: DEMISSION - NOMINATION - RENOUVELLEMENT",
"value": "DEMISSION - NOMINATION - RENOUVELLEMENT",
"object": null,
"subject": null
}
],
"act_meta": {
"model_id": 40,
"extractor": "open-capture-27b-v3",
"ocr_chars": 1710,
"truncated": false,
"needs_verify": false
},
"entities": [
{
"id": "e1",
"kbo": "0795.523.922",
"kind": "company",
"name": "SAFRAN BLADES",
"attrs": {
"address": "Rue Forges, 5, 4570 Marchin",
"legal_form": "SA"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Sophie MALBEC",
"attrs": {}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "Sophie BERTHELIER",
"attrs": {}
},
{
"id": "e4",
"kbo": null,
"kind": "org",
"name": "Ernst \u0026 Young R\u00E9viseur d\u0027Entreprises",
"attrs": {
"address": "1831 Machelen, De Kleetlaan 2",
"legal_form": "soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
}
},
{
"id": "e5",
"kbo": null,
"kind": "person",
"name": "Emilie Van Callemont",
"attrs": {
"role": "repr\u00E9sentant permanent"
}
},
{
"id": "e6",
"kbo": null,
"kind": "person",
"name": "Mathieu DELADRIERE",
"attrs": {
"role": "D\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re"
}
}
]
}02-06-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2025-05-26",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0795.523.922",
"name_full": "SAFRAN BLADES",
"legal_form": "SA"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}03-01-2024 Registered office moved from Herstal to Marchin
- Route de Liers 121, 4041 Herstal → Rue Forges 5, 4570 Marchin
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Marchin",
"region": null,
"street": "Rue Forges",
"country": "BE",
"postcode": "4570",
"box_number": null,
"street_number": "5"
},
"old_address": {
"city": "Herstal",
"region": null,
"street": "Route de Liers",
"country": "BE",
"postcode": "4041",
"box_number": null,
"street_number": "121"
},
"effective_date": "2023-11-01",
"evidence_quote": "Le Conseil d\u0027administration d\u00E9cide de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9, \u00E9tabli pr\u00E9c\u00E9demmment Route de Liers 121, 4041 Herstal, \u00E0 Rue Forges 5, 4570 Marchin, a compter du 1er novembre 2023."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.523.922",
"name_full": "SAFRAN BLADES",
"legal_form": "SA"
}
}02-01-2023 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "4041 Herstal (Milmort) route de Liers 121",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0432.618.812",
"name": "La soci\u00E9t\u00E9 anonyme \u00AB Safran Aero Boosters \u00BB"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "nominale",
"partner_role": null,
"holder_org_kbo": "0432.618.812",
"holder_org_name": "La soci\u00E9t\u00E9 anonyme \u00AB Safran Aero Boosters \u00BB",
"contribution_type": "cash",
"amount_paid_in_eur": 6557880,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 2623152,
"amount_subscribed_eur": 26231520,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0219.919.487",
"name": "La soci\u00E9t\u00E9 anonyme \u00AB Soci\u00E9t\u00E9 R\u00E9gionale d\u2019Investissement de Wallonie \u00BB"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "nominale",
"partner_role": null,
"holder_org_kbo": "0219.919.487",
"holder_org_name": "La soci\u00E9t\u00E9 anonyme \u00AB Soci\u00E9t\u00E9 R\u00E9gionale d\u2019Investissement de Wallonie \u00BB",
"contribution_type": "cash",
"amount_paid_in_eur": 2576310,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1030524,
"amount_subscribed_eur": 10305240,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0253.445.063",
"name": "La soci\u00E9t\u00E9 anonyme d\u2019int\u00E9r\u00EAt public \u00AB Soci\u00E9t\u00E9 F\u00E9d\u00E9rale de Participations et d\u2019Investissement \u00BB"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "nominale",
"partner_role": null,
"holder_org_kbo": "0253.445.063",
"holder_org_name": "La soci\u00E9t\u00E9 anonyme d\u2019int\u00E9r\u00EAt public \u00AB Soci\u00E9t\u00E9 F\u00E9d\u00E9rale de Participations et d\u2019Investissement \u00BB",
"contribution_type": "cash",
"amount_paid_in_eur": 2576310,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1030524,
"amount_subscribed_eur": 10305240,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 46842000,
"subject_company": {
"kbo": "0795.523.922",
"name_full": "SAFRAN BLADES",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2022-12-29",
"post_incorporation_mandates": []
}| Legal nameFR | SAFRAN BLADES |