What does SAFINCO do?

SAFINCO is a property company in Waasmunster. Public Limited, started on 11 August 1980, 1 establishment.

What is the address of SAFINCO?

The registered office of SAFINCO is located at Den Hert 25, 9250 Waasmunster.

Is SAFINCO still active?

Yes. According to the CBE (29 October 2026) SAFINCO is active, legal situation “Normale toestand”, started on 11 August 1980.

Is SAFINCO registered on Peppol?

Yes, SAFINCO is registered on the Peppol network with ID 0208:0420697710.

What is the enterprise number of SAFINCO?

The enterprise number of SAFINCO is BE0420697710.

When was SAFINCO founded?

SAFINCO was founded on 11 August 1980.

Who are the directors of SAFINCO?

According to the 2025 annual accounts, the directors of SAFINCO are: Gert Vercruyssen, Rudiger Vercruyssen.

Is SAFINCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 August 1980; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SAFINCO make in 2025?

SAFINCO posted a profit after taxes of € 20,149 in financial year 2025.

What is the revenue of SAFINCO?

As a small company, SAFINCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 84,476.

How many employees does SAFINCO have?

According to the 2025 annual accounts, SAFINCO has 0 full-time equivalents (FTE).

SAFINCO (Public Limited) - Waasmunster - BE0420697710

Dossier SAFINCO, printed on 29 October 2026 from databakkes.be/en/0420697710/safinco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SAFINCO from Waasmunster, company number BE0420697710, closed financial year 2025 with a result of € 20,149 after tax. For that financial year SAFINCO recorded a gross margin of € 84,476 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 197,906 to € 20,149. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Growing

€ 1.5 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 20,149

▼ 90% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,655

▼ 80% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.3 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 32,617

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 33% vs 2024

€ 72,139 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 300

▼ 92% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 203,628 Gross margin 2022: € 203,628 First fiscal year in the series	€ 30,448 Gross margin 2023: € 30,448 ▼ 85% vs 2022 (€ 203,628) Unfavourable step	€ 382,811 Gross margin 2024: € 382,811 ▲ € 352,363 vs 2023 (€ 30,448) Favourable step	€ 84,476 Gross margin 2025: € 84,476 ▼ 78% vs 2024 (€ 382,811) Unfavourable step	▼ 78%
Profit after taxes	€ 107,031 Profit after taxes 2022: € 107,031 First fiscal year in the series	€ -82,977 Profit after taxes 2023: € -82,977 ▼ € 190,008 vs 2022 (€ 107,031) Unfavourable step	€ 197,906 Profit after taxes 2024: € 197,906 ▲ € 280,883 vs 2023 (€ -82,977) Favourable step	€ 20,149 Profit after taxes 2025: € 20,149 ▼ 90% vs 2024 (€ 197,906) Unfavourable step	▼ 90%
Equity	€ 1,322,593 Equity 2022: € 1,322,593 First fiscal year in the series	€ 1,239,615 Equity 2023: € 1,239,615 ▼ 6% vs 2022 (€ 1,322,593) Unfavourable step	€ 1,437,521 Equity 2024: € 1,437,521 ▲ 16% vs 2023 (€ 1,239,615) Favourable step	€ 1,457,670 Equity 2025: € 1,457,670 ▲ 1% vs 2024 (€ 1,437,521) Favourable step	▲ 1%
Total debts	€ 2,315,794 Total debts 2022: € 2,315,794 First fiscal year in the series	€ 1,887,768 Total debts 2023: € 1,887,768 ▼ 18% vs 2022 (€ 2,315,794) Favourable step	€ 1,774,700 Total debts 2024: € 1,774,700 ▼ 6% vs 2023 (€ 1,887,768) Favourable step	€ 1,674,688 Total debts 2025: € 1,674,688 ▼ 6% vs 2024 (€ 1,774,700) Favourable step	▼ 6%
Cash	€ 83,760 Cash 2022: € 83,760 First fiscal year in the series	€ 237,861 Cash 2023: € 237,861 ▲ 184% vs 2022 (€ 83,760) Favourable step	€ 75,032 Cash 2024: € 75,032 ▼ 68% vs 2023 (€ 237,861) Unfavourable step	€ 14,655 Cash 2025: € 14,655 ▼ 80% vs 2024 (€ 75,032) Unfavourable step	▼ 80%
Land & buildings	€ 2,248,359 Land & buildings 2022: € 2,248,359 First fiscal year in the series	€ 1,806,717 Land & buildings 2023: € 1,806,717 ▼ 20% vs 2022 (€ 2,248,359) Unchanged	€ 1,229,617 Land & buildings 2024: € 1,229,617 ▼ 32% vs 2023 (€ 1,806,717) Unchanged	€ 1,107,494 Land & buildings 2025: € 1,107,494 ▼ 10% vs 2024 (€ 1,229,617) Unchanged	▼ 10%
Retained profit	€ 1,198,593 Retained profit 2022: € 1,198,593 First fiscal year in the series	€ 1,115,615 Retained profit 2023: € 1,115,615 ▼ 7% vs 2022 (€ 1,198,593) Unfavourable step	€ 1,313,521 Retained profit 2024: € 1,313,521 ▲ 18% vs 2023 (€ 1,115,615) Favourable step	€ 1,333,670 Retained profit 2025: € 1,333,670 ▲ 2% vs 2024 (€ 1,313,521) Favourable step	▲ 2%
Bank debt	€ 1,259,634 Bank debt 2022: € 1,259,634 First fiscal year in the series	€ 895,156 Bank debt 2023: € 895,156 ▼ 29% vs 2022 (€ 1,259,634) Favourable step	€ 1,664,785 Bank debt 2024: € 1,664,785 ▲ 86% vs 2023 (€ 895,156) Unfavourable step	€ 1,119,067 Bank debt 2025: € 1,119,067 ▼ 33% vs 2024 (€ 1,664,785) Favourable step	▼ 33%
Balance sheet total	€ 3,982,087 Balance sheet total 2022: € 3,982,087 First fiscal year in the series	€ 3,460,018 Balance sheet total 2023: € 3,460,018 ▼ 13% vs 2022 (€ 3,982,087) Unchanged	€ 3,351,343 Balance sheet total 2024: € 3,351,343 ▼ 3% vs 2023 (€ 3,460,018) Unchanged	€ 3,236,709 Balance sheet total 2025: € 3,236,709 ▼ 3% vs 2024 (€ 3,351,343) Unchanged	▼ 3%

Key figures of SAFINCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SAFINCO?

What happened at SAFINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 31, 2026 New annual accounts for financial year 2025: profit of € 20,149 (▼ 90% vs 2024). Source: NBB ↗
Jul 3, 1984 New establishment in Waasmunster. KBO
Aug 11, 1980 Start of the company according to the CBE. KBO

In short

From € 107,031 profit in 2022 to € 20,149 profit in 2025.

Paid € 282,105 in corporate taxes since 2022.

Best year ever: 2024, with € 197,906 profit.

Original PDFs at the National Bank ↗

Management

Gert Vercruyssen

Rudiger Vercruyssen

SAFINCO

Kwalibeton 49.1%

Behind SAFINCO are Gert Vercruyssen and Rudiger Vercruyssen. It owns 49.1% of Kwalibeton itself.

Directors

According to the 2025 annual accounts

Gert Vercruyssen

Director

Rudiger Vercruyssen

Director

Also active at: KWALIBETON, LANCO

Establishments

Establishment units

Physical locations of this company

Registered office

Den Hert 25

9250 Waasmunster

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

KWALIBETON same network

€ 190,188 gross margin · 2025

Real Invest

€ -91,559 gross margin · 2025

LEGATUM

LANCO same network

€ -2,614 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0420.697.710
VAT number: BE 0420.697.710
Registered office: Den Hert 25, 9250 Waasmunster
Names & denominations: SAFINCO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 11 August 1980
Peppol: Active · Active since 20 Dec 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗