Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SAFE@WORK from Wervik, company number BE0480163460, closed financial year 2025 with a result of € -29,705 after tax. For that financial year SAFE@WORK recorded a gross margin of € -11,302 and equity of € 61,452. Compared with financial year 2024, the result moved from € -13,888 to € -29,705. The company made a loss. 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 September 7, 2026.
€ 61,452
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,705
▼ 114 % more loss than in 2024
Profit after tax over the fiscal year.
€ 33,455
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 42,902.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 21,020
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,495
▼ 33% vs 2024
€ 7,874 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7,931
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 150
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,956 | € 106,701 | € 6,842 | € -11,302 | ▼ € 18,144 |
| Profit after taxes | € 18,650 | € 29,881 | € -13,888 | € -29,705 | ▼ € 15,817 |
| Equity | € 75,164 | € 105,044 | € 91,156 | € 61,452 | ▼ 33% |
| Total debts | € 99,696 | € 55,643 | € 43,293 | € 27,983 | ▼ 35% |
| Cash | € 55,414 | € 61,293 | € 53,589 | € 33,455 | ▼ 38% |
| Retained profit | € 56,614 | € 86,494 | € 72,606 | € 42,902 | ▼ 41% |
| Bank debt | € 40,910 | € 33,327 | € 24,754 | € 16,495 | ▼ 33% |
| Balance sheet total | € 174,860 | € 160,687 | € 134,450 | € 89,435 | ▼ 33% |
Key figures of SAFE@WORK, 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 SAFE@WORK?
What happened at SAFE@WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,705. filed late Source: NBB ↗
- JELLE CARPENTIER became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,650 profit in 2022 to € 29,705 loss in 2025.
Paid € 20,907 in corporate taxes since 2022.
Best year ever: 2023, with € 29,881 profit.
Management
Behind SAFE@WORK is JELLE CARPENTIER.
Directors
According to the 2025 annual accounts
JELLE CARPENTIER
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Vosstraat 5
8940 Wervik
Bruggestraat 631
8930 Menen
Active since 16 May 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.163.460
- VAT number
- BE 0480.163.460
- Registered office
- Vosstraat 5, 8940 Wervik
- Names & denominations
- SAFE@WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2003
- Peppol
- Active · Active since 11 Sept 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden