SAFRINVEST
ActiveSAFRINVEST has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €166k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+15
Solvency55▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.55 in 2024; short-term debt: 5.1% and cash: 4.7% of total assets), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
30.5%
Return on assets
3.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
29 d early
2023
19 d early
2022
3 d early
2021
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€166k▲ 18.1%
2024 · €140k
2021: €-546
2022: €-15k
2023: €19k
2024: €140k
2021 → 2025
Working capital
€-17k▲ 94.8%
2024 · €-332k
2021: €-111k
2022: €-91k
2023: €-170k
2024: €-332k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€454-€435k▲ 95,886%€784k▲ 80.1%€895k▲ 14.1%€1.34M▲ 49.3%
Operating result€-546-€-2k▼ 271%€45k€186k▲ 311%€188k▲ 0.9%
Net result€-546-€-15k▼ 2,655%€19k€140k▲ 629%€166k▲ 18.1%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.39M
Fixed assets
€4.18M▼ 1.9%
Current assets
€204k▼ 49.0%
Equity and liabilities €4.39M
Equity
€1.34M▲ 49.3%
Debt
€3.05M▼ 19.0%
The debt ratio falls from 80.8% to 69.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€330k▲
2024 · €325k
Cash flow
€308k▲
2024 · €279k
Solvency
30.5%▲
2024 · 19.2%
Current ratio
0.92▲
2024 · 0.55
Quick ratio
0.92▲
2024 · 0.55
Debt / equity
2.28▼
2024 · 4.21
ROE
12.4%▼
2024 · 15.7%
ROA
3.8%▲
2024 · 3.0%
Interest coverage
6.12▲
2024 · 4.29
Debt
€3.05M▼
2024 · €3.77M
Debt ≤ 1 year
€222k▼
2024 · €733k
Debt > 1 year
€2.83M▼
2024 · €3.04M
Income taxes
€30k
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€4.66M€4.39M▼
Formation expenses20€351€76▼
Fixed assets21/28€4.26M€4.18M▼
Tangible fixed assets22/27€4.26M€4.12M▼
Land and buildings22€4.26M€4.12M▼
Assets under construction and advance payments27€0-
Financial fixed assets28-€60k
Current assets29/58€401k€204k▼
Amounts receivable within one year40/41€338k€200▼
Other amounts receivable41€338k€200▼
Cash at bank and in hand54/58€62k€204k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€4.66M€4.39M▼
Equity10/15€895k€1.34M▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€144k€310k▲
Investment grants15€750k€1.03M▲
Amounts payable17/49€3.77M€3.05M▼
Amounts payable after more than one year17€3.04M€2.83M▼
Financial debts170/4€3.04M€2.83M▼
Amounts payable within one year42/48€733k€222k▼
Current portion of amounts payable after more than one year42€204k€206k▲
Financial debts43€450k€8k▼
Credit institutions430/8€450k€8k▼
Trade debts44€5k€0▼
Suppliers440/4€5k€0▼
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€74k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€142k▲
Other operating charges640/8€495€1k▲
Gross operating margin9900€325k€331k▲
Operating profit (loss)9901€186k€188k▲
Financial income75/76B€30k€62k▲
Recurring financial income75€30k€62k▲
Financial charges65/66B€76k€54k▼
Recurring financial charges65€76k€54k▼
Profit (loss) for the period before taxes9903€140k€196k▲
Income taxes67/77-€30k
Profit (loss) for the period9904€140k€166k▲
Profit (loss) for the period to be appropriated9905€140k€166k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€310k▲
Profit (loss) brought forward from the previous period14P€4k€144k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2021net €166k ▲18.1%
Operating result €188k, net result €166k, both a record.
31-03
Financial
Equity above €1MEq €1.34M ▲49.3%
3 profitable years in a row build equity to €1.34M.
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
31-03
Financial
Equity above €500kEq €784k ▲80.1%
Equity rises from €435k to €784k.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €200kEq €435k ▲95886%
Equity rises from €454 to €435k.
2021
29-10
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, Farciennes · 1 establishment unit since 2020
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.
Rue Philippe Maystadt 146240 FarciennesGround area
2,779 m²
Building footprint
1,396 m²
Parcel 52018A0819/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SAFRINVEST
since 20202.305.267.356
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018A0819/00A000 | Wallonia | 2,779 m² | 1 · 1,396 m² | - |
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
DRUKKERIJ PAESEN
BE 0420.440.560
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ALL CAR YANNICK
BE 0871.604.881
Merchtem · Eq €1.34M
DARCIMMO
BE 0434.938.102
Alken · Eq €1.34M
Rova
BE 0435.200.396
Vosselaar · Eq €1.34M
BERSAL
BE 0423.792.208
Zwevegem · Eq €1.34M
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,946 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-03
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.