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. Its solvency ranks better than 70% of 174 sector peers (fiscal year 2024). 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 |
| Better than sector | 70% |
Strong profile, led by stability.
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 →How do we compute this?
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.5% | 35.1% | |
| Net result | €185k | €26k | |
| Equity | €6.38M | €92k | |
| Staff costs | €10.76M | €257k | |
| Employees (FTE) | 158.6 | 3.3 |
Show 13 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| 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 |
Full annual accounts (25 line items)
| 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 |
-
Gilles HuenaertsDirectorState Gazette act 26105769 (18-08-2026)Current18-08-2026 → present
Former directors (2)
-
Ellsworth Bradford ClarkDirectorState Gazette act 26105769 (18-08-2026)Former- → 18-08-2026
-
William FrederkingDirectorState Gazette act 26105769 (18-08-2026)Former- → 18-08-2026
| NACE primary | Overige technische testen en toetsen(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.
Of the 26 Belgian State Gazette acts we know for this company, 1 has been read. The other 25 have not been read yet: what they contain is neither established nor disproved here.
18-08-2026 Act object · General meeting · Officer resignation · Officer appointment
- Act object: Ontslag van bestuurders - benoeming van een bestuurder · TOTAL SAFETY
- Publication: 2026-08-18 · TOTAL SAFETY
- Filing: 2026-08-10 · TOTAL SAFETY
- General meeting: 2026-07-31 · TOTAL SAFETY
- Officer resignation: role: bestuurder, end_date: 2026-07-31 · Ellsworth Bradford Clark
- Officer resignation: role: bestuurder, end_date: 2026-07-31 · William Frederking
- Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-07-31 · Gilles Huenaerts
- Mandate compensation: onbezoldigd · Gilles Huenaerts
- Filing representative: bijzondere machten tot het verrichten van alle wettelijke bekendmakingsformaliteiten verbonden aan de besluiten van de algemene vergadering, waaronder de bekendmaking in het Belgisch Staatsblad en de actualisering van de KBO-inschrijving · Eversheds Sutherland (Belgium) LLP
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}24-01-2025 Kurt Coninx appointed as statutory auditor
- Kurt Coninx, Commissaris
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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
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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
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}24-12-2021 Registered office moved from Dilsen Stokkem to Diepenbeek
- Meerkensstraat, 61 - 3650 Dilsen Stokkem → 11 Duifhuisweg, 3590 Diepenbeek
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}06-07-2021 1 director appointed, 1 resigning
- Sally Coolidge CHEADLE, Bestuurder
- Daniel Kurten Norman, Bestuurder
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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
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}19-02-2019 1 director appointed, 1 resigning
- Daniel Kurten Norman, Zaakvoerder
- James Phillip Rounsavall, Zaakvoerder
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}11-01-2019 2 directors appointed
- RSM InterAudit, Commissaris (voor de statutaire jaarrekening)
- Christine Michel, Bijzondere lasthebber
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}21-12-2018 Publication in the Belgian Official Gazette, Miscellaneous
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}26-04-2018 1 director appointed, 1 resigning
- James Phillip Rounsavall, Zaakvoerder
- Clinton William Roeder, Zaakvoerder
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}04-09-2017 2 directors appointed
- Herwig Carmans, Commissaris revisor
- Christine Michel, Bijzondere lasthebber
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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
{
"stage": "completed",
"notary": {
"name": "Lucien Barthels",
"firm_city": null,
"firm_name": null,
"office_city": "Tongeren",
"is_associated": false
},
"act_meta": {
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"act_kind_objet": "Fusie door overneming"
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"decision": {
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"act_date": "2009-06-30",
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0456.291.661",
"name": "Z-Safety NV",
"role": "acquiring",
"address": "3650 Dilsen-Stokkem, Meerkensstraat 61",
"is_foreign": false,
"legal_form": "NV",
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},
{
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"role": "absorbed",
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}
],
"exchange_ratio": 0.0721,
"legal_articles": [
"12:7",
"12:50",
"12:75",
"12:103",
"78 \u00A7 4",
"78 \u00A7 6",
"703 \u00A7 2",
"560",
"694"
],
"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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"person_name": "Lucien Barthels",
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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"
],
"detected_real_type": "fusion_completed",
"referenced_correction": null,
"should_reroute_to_category": null
}| Legal nameNL | TOTAL SAFETY |