Active · per the CBE, 2 October 2026

SAFA

BE0460716148

Rechtspersoon Private limited company 1 establishment

SAFA is an insurance broker in Antwerpen. Private Limited, started on 23 May 1997, 1 establishment.

Groenendaallaan 40, 2170 Antwerpen

Behind the company: Salih Bugol.

Active for

29 year, 4 months

Financials

Financial year 2025

SAFA from Antwerpen, company number BE0460716148, closed financial year 2025 with a result of € 36,489 after tax. For that financial year SAFA recorded a gross margin of € 169,062 and equity of € 144,510. Compared with financial year 2024, the result moved from € 22,299 to € 36,489. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 144,510

▼ 23% vs 2024

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

Profit Growing

€ 36,489

▲ 64% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 190,585

▲ 31% vs 2024

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

Where the profit goes Pays out

€ 80,388 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 80,117

▲ 13% 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.

Vehicles and equipment

€ 31,335

▼ 47% vs 2024

Of which on lease € 19,426.

Debts at end 2025

Bank debt

€ 15,338

▼ 61% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 7,080

▲ 29% vs 2024

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

Taxes and wages

€ 41,511

▲ 41% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 125,966 € 135,648 € 144,290 € 169,062 ▲ 17%
Profit after taxes € 39,633 € 29,955 € 22,299 € 36,489 ▲ 64%
Equity € 155,744 € 176,379 € 188,409 € 144,510 ▼ 23%
Total debts € 111,783 € 107,047 € 84,166 € 143,780 ▲ 71%
Cash € 110,937 € 131,407 € 145,926 € 190,585 ▲ 31%
Retained profit € 149,546 € 170,182 € 182,211 € 138,313 ▼ 24%
Dividend € 29,000 € 9,320 € 10,269 € 80,388 ▲ € 70,118
Bank debt € 87,511 € 63,580 € 39,125 € 15,338 ▼ 61%
Balance sheet total € 267,527 € 283,426 € 272,575 € 288,290 ▲ 6%

Key figures of SAFA, 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 SAFA?

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

  • New annual accounts for financial year 2025: profit of € 36,489 (▲ 64% vs 2024). filed late Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 39,633 profit in 2022 to € 36,489 profit in 2025.

Paid € 66,662 in corporate taxes since 2022.

Best year ever: 2022, with € 39,633 profit.

Paid out € 128,976 in dividends to the owners in total.

Management

Salih Bugol
SAFA

Behind SAFA is Salih Bugol. Salih Bugol is also behind BGL INVEST.

See the full network in the app

Directors

According to the 2025 annual accounts

Salih Bugol

Director

Also active at: BGL INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Groenendaallaan 40

2170 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

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

Details

Company number
0460.716.148
VAT number
BE 0460.716.148
Registered office
Groenendaallaan 40, 2170 Antwerpen
Names & denominations
SAFA
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
23 May 1997
Peppol
Active · Active since 6 Jan 2026
Activities · NACE

Activiteiten van verzekeringsagenten en -makelaars

Verzekeringsmakelaars en -agenten

Frequently asked questions

What does SAFA do?
SAFA is an insurance broker in Antwerpen. Private Limited, started on 23 May 1997, 1 establishment.
What is the address of SAFA?
The registered office of SAFA is located at Groenendaallaan 40, 2170 Antwerpen.
Is SAFA still active?
Yes. According to the CBE (2 October 2026) SAFA is active, legal situation “Normale toestand”, started on 23 May 1997.
Is SAFA registered on Peppol?
Yes, SAFA is registered on the Peppol network with ID 0208:0460716148.
What is the enterprise number of SAFA?
The enterprise number of SAFA is BE0460716148.
When was SAFA founded?
SAFA was founded on 23 May 1997.