Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAFAR from Ronse, company number BE0644383569, closed financial year 2025 with a result of € -11,264 after tax. For that financial year SAFAR recorded a gross margin of € -10,427 and equity of € -14,345. Compared with financial year 2024, the result moved from € 7,662 to € -11,264. 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 September 29, 2026.
€ -14,345
▼ € 11,264 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,264
▼ still € 7,662 profit in 2024
Profit after tax over the fiscal year.
€ 1,080
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,645.
People and assets in 2025
€ 313
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,169
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,201
▲ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,472 | € -11,908 | € 9,853 | € -10,427 | ▼ € 20,280 |
| Profit after taxes | € -38,973 | € -15,777 | € 7,662 | € -11,264 | ▼ € 18,926 |
| Equity | € -28,891 | € -44,669 | € -3,080 | € -14,345 | ▼ € 11,264 |
| Total debts | € 26,561 | € 38,431 | € 15,782 | € 23,487 | ▲ 49% |
| Cash | € 7,582 | € 2,246 | € 3,418 | € 1,080 | ▼ 68% |
| Retained profit | € -38,191 | € -53,969 | € -12,380 | € -23,645 | ▼ € 11,264 |
| Bank debt | € 26,000 | € 26,000 | € 0 | € 0 | |
| Balance sheet total | € 24,669 | € 20,762 | € 12,702 | € 9,143 | ▼ 28% |
Key figures of SAFAR, fiscal years 2021 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 SAFAR?
What happened at SAFAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,264 (▼ € 18,926 vs 2024). filed late Source: NBB ↗
- New establishment in Koekelberg. KBO
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,973 loss in 2021 to € 11,264 loss in 2025.
Best year ever: 2024, with € 7,662 profit.
Management
Behind SAFAR are Ibrahim Safar and Ahmed Safar.
Directors
According to the 2025 annual accounts
Ibrahim Safar
Director
Ahmed Safar
Director
Establishments
Establishment units
Physical locations of this company
Hoogstraat 13
9600 Ronse
Frans Gasthuislaan 51
1081 Koekelberg
Active since 10 December 2015
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.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
WIX_COM, IL
Domain
Domain
safar-repair.com
Registered
2022-01-17
Registrar
One.com A/S
Expires
2027-01-17
Website info
Features
Security
Network
Details
- Company number
- 0644.383.569
- VAT number
- BE 0644.383.569
- Registered office
- Hoogstraat 13, 9600 Ronse
- Names & denominations
- SAFAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2015
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- safar-repair.com +32 486 43 91 66
- Activities · NACE
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