TOTAL SAFETY
The computed 12-month bankruptcy probability of TOTAL SAFETY is 0.1% (very low). The 2024 annual accounts show equity of €6.38M and a net result of €185k. Equity is growing by ~6.6% per year across the filed fiscal years. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €6.38M |
| Net result | €185k |
| Staff (FTE) | 158.6 |
| Active | 30 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | €18.24M |
| EBITDA | €250k |
| Net profit | €185k |
| Cash flow | €239k |
| Staff costs | €10.76M |
| Income taxes | €159k |
| Dividends | — |
| Total assets | €11.71M |
| Equity | €6.38M |
| Debt | €5.33M |
| of which ≤ 1y | €5.29M |
| of which > 1y | — |
| Working capital | €6.21M |
| Employees (FTE) | 158.6 |
| 2024 | |
|---|---|
| Current ratio | 2.17 |
| Quick ratio | 2.13 |
| Working capital ratio | 53.0% |
| Solvency | 54.5% |
| Debt / equity | 0.84 |
| Long-term debt ratio | — |
| Interest coverage | 7.87 |
| Gross margin | 90.8% |
| Net margin | 1.0% |
| ROA | 1.6% |
| ROE | 2.9% |
| EBITDA margin | 1.4% |
| Days sales outstanding | 82d |
| Days payable outstanding | 636d |
| Inventory turnover | 7.38 |
| Days inventory (DSI) | 49d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €11.71M |
| Fixed assets | 21/28 | €217k |
| Tangible fixed assets | 22/27 | €217k |
| Financial fixed assets | 28 | €0 |
| Current assets | 29/58 | €11.49M |
| Stocks & contracts in progress | 3 | €228k |
| Amounts receivable within one year | 40/41 | €10.56M |
| Cash & bank | 54/58 | €673k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.71M |
| Equity | 10/15 | €6.38M |
| Contributions / capital | 10/11 | €148k |
| Reserves | 13 | €19k |
| Accumulated profits (losses) | 14 | €6.21M |
| Provisions & deferred taxes | 16 | €0 |
| Amounts payable | 17/49 | €5.33M |
| Amounts payable within one year | 42/48 | €5.29M |
| Trade debts payable within one year | 44 | €2.93M |
| Income statement | ||
| Turnover | 70 | €18.24M |
| Operating result | 9901 | €196k |
| Financial income | 75 | €203k |
| Financial charges | 65 | €55k |
| Result before taxes | 9903 | €343k |
| Income taxes | 67/77 | €159k |
| Net result for the period | 9904 | €185k |
| Result to be appropriated | 9905 | €185k |
| NACE primary | Architecture & engineering(71209) |
| Legal form | Private limited company(610) |
| Incorporation | 13-10-1995 |
| Status | Active |
| Postal code | 3590 |
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. |
|---|---|---|---|---|
| 71402D0224/00B000 | Flanders | 3,645 m² | 1 · 1,555 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-01-2025 Kurt Coninx appointed as statutory auditor
- Kurt Coninx — Commissaris
Technical details
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}26-01-2024 Articles of association amended
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}19-10-2023 Tony André Zadnikar resigns as director
- Tony André Zadnikar — Bestuurder
Technical details
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}23-12-2022 2 directors appointed, 2 resigning
- Ellsworth Bradford Clark — Bestuurder
- William Carter Frederking — Bestuurder
- Anthony Ambrose Rabb — Bestuurder
- Sally Coolidge Cheadle — Bestuurder
Technical details
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}24-12-2021 Registered office moved from Dilsen Stokkem to Diepenbeek
- Meerkensstraat, 61 - 3650 Dilsen Stokkem → 11 Duifhuisweg, 3590 Diepenbeek
Technical details
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"co_filed_documents": [
"Uittreksel van de notulen van de Raad van Bestuur",
"Uittreksel van de notulen van de bijzondere algemene vergadering van de enige aandeelhouder"
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}06-07-2021 1 director appointed, 1 resigning
- Sally Coolidge CHEADLE — Bestuurder
- Daniel Kurten Norman — Bestuurder
Technical details
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}21-10-2020 Articles of association amended
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}01-10-2019 1 director appointed, 1 resigning
- Rojelio Bojorquez Silva — Zaakvoerder
- Paul Tyree Johnson — Zaakvoerder
Technical details
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}19-02-2019 1 director appointed, 1 resigning
- Daniel Kurten Norman — Zaakvoerder
- James Phillip Rounsavall — Zaakvoerder
Technical details
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}11-01-2019 2 directors appointed
- RSM InterAudit — Commissaris (voor de statutaire jaarrekening)
- Christine Michel — Bijzondere lasthebber
Technical details
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}21-12-2018 Articles of association amended
Technical details
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}26-04-2018 1 director appointed, 1 resigning
- James Phillip Rounsavall — Zaakvoerder
- Clinton William Roeder — Zaakvoerder
Technical details
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}04-09-2017 2 directors appointed
- Herwig Carmans — Commissaris revisor
- Christine Michel — Bijzondere lasthebber
Technical details
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}14-12-2016 1 director appointed, 1 resigning
- Tony André Zadnikar — Zaakvoerder
- Brent Walter Lilienthal — Zaakvoerder
Technical details
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}17-02-2016 1 director appointed, 1 resigning
- Steven Johny LANSSENS — Zaakvoerder
- Troy William Thacker — Zaakvoerder
Technical details
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}04-12-2015 1 director appointed, 1 resigning
- Brent Walter Lilienthal — Zaakvoerder
- Ronald Hendrik Fennema — Zaakvoerder
Technical details
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}05-05-2015 3 directors appointed
- Ronald Hendrik Fennema — Zaakvoerder
- Clinton William Roeder — Zaakvoerder
- Paul Tyree Johnson — Zaakvoerder
Technical details
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}19-02-2010 Publication in the Belgian Official Gazette — Miscellaneous
Technical details
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},
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"act_date": "2009-06-30",
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"conversion": null,
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"restructuring": {
"parties": [
{
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"name": "Z-Safety NV",
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"address": "3650 Dilsen-Stokkem, Meerkensstraat 61",
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{
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],
"exchange_ratio": 0.0721,
"legal_articles": [
"12:7",
"12:50",
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"78 \u00A7 4",
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"560",
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],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": "2008-12-31",
"exchange_ratio_text": "1.309 nieuwe aandelen van Z-Safety NV in ruil voor 18.144 aandelen van Z-Services NV",
"new_shares_issued_n": 1309,
"real_estate_included": false,
"patrimony_description": "Het gehele vermogen van Z-Services NV, inclusief activa, passiva, activiteiten, vergunningen, handelsnaam, bedrijfsorganisatie, cli\u00EBnteel, boekhouding, immateri\u00EBle bestanddelen en personeelsverhoudingen, wordt overgenomen onder algemene titel.",
"equity_transferred_eur": 497079.66,
"accounting_effective_date": "2009-01-01"
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"summary_narrative": "De algemene vergadering van de aandeelhouders van Z-Safety NV besloot de fusie door overneming van Z-Services NV te goedkeuren, waarbij het gehele vermogen van Z-Services NV onder algemene titel overging op Z-Safety NV. Het kapitaal van Z-Safety NV werd verhoogd met \u20AC22.331,54, waarbij 1.309 nieuwe aandelen werden uitgegeven aan de aandeelhouders van Z-Services NV (behalve de overnemende vennootschap zelf). De fusie werd geacht vanaf 1 januari 2009 te zijn verricht voor boekhoudkundige doeleinden.",
"co_filed_documents": [
"expeditie van de akte",
"volmacht",
"verslag raad van bestuur in toepassing van artikel 560 WV",
"fusieverslagen en verslag commissaris",
"geco\u00F6rdineerde statuten"
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"detected_real_type": "fusion_completed",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TOTAL SAFETY |