Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAFETY PROJECTS from Grobbendonk, company number BE0446781703, closed financial year 2025 with a result of € -64,856 after tax. For that financial year SAFETY PROJECTS recorded a gross margin of € 218,432 and equity of € -132,230. Compared with financial year 2024, the result moved from € -1,561 to € -64,856. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -132,230
▼ € 64,856 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,856
▼ 4055 % more loss than in 2024
Profit after tax over the fiscal year.
€ 15,326
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -256,598.
People and assets in 2025
€ 263,202
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,168
▼ 35% vs 2024
Of which on lease € 21,250.
Debts at end 2025
€ 147,486
▼ 8% vs 2024
€ 19,508 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 77,455
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,677
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 382,180 | € 360,118 | € 348,303 | € 218,432 | ▼ 37% |
| Profit after taxes | € -9,639 | € -15,323 | € -1,561 | € -64,856 | ▼ € 63,295 |
| Equity | € -50,491 | € -65,813 | € -67,374 | € -132,230 | ▼ € 64,856 |
| Total debts | € 406,978 | € 313,307 | € 314,308 | € 296,998 | ▼ 6% |
| Cash | € 13,487 | € 19,105 | € 11,395 | € 15,326 | ▲ 35% |
| Retained profit | € -174,859 | € -190,181 | € -191,742 | € -256,598 | ▼ € 64,856 |
| Bank debt | € 194,546 | € 146,867 | € 160,830 | € 147,486 | ▼ 8% |
| Balance sheet total | € 357,008 | € 247,807 | € 247,078 | € 168,738 | ▼ 32% |
Key figures of SAFETY PROJECTS, 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 SAFETY PROJECTS?
What happened at SAFETY PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,856. filed late Source: NBB ↗
- New establishment in Grobbendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,639 loss in 2022 to € 64,856 loss in 2025.
Paid € 10,584 in corporate taxes since 2022.
Management
Behind SAFETY PROJECTS are Erwin Pols and Christine Van Vlimmeren.
Directors
According to the 2025 annual accounts
Erwin Pols
Managing director
Christine Van Vlimmeren
Director
Establishments
Establishment units
Physical locations of this company
Wilgenbos 2
2280 Grobbendonk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
EASYHOST-COLO-AS, BE
Website info
Features
Security
Details
- Company number
- 0446.781.703
- VAT number
- BE 0446.781.703
- Registered office
- Wilgenbos 2, 2280 Grobbendonk
- Names & denominations
- SAFETY PROJECTS · S en P
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 1992
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- safetyprojects.be [email protected]
- Activities · NACE
Verhuur van machines en installaties voor de bouwnijverheid
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden