Financials
Financial year 2025
Safuco from Gent, company number BE0665901139, closed financial year 2025 with a result of € 36.3 million after tax. For that financial year Safuco recorded revenue of € 524,910 and equity of € 90 million. Compared with financial year 2024, the result moved from € 3.1 million to € 36.3 million. Profitable, and profit is growing. 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 January 28, 2026.
€ 90 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36.3 million
▲ € 33.2 million vs 2024
Profit after tax over the fiscal year.
€ 33.3 million paid out
92 % of the profit went to the shareholders, mostly to Blue Holdco (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,404
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,544,907 | € 1,425,100 | € 1,104,600 | € 524,910 | ▼ 52% |
| Profit after taxes | € 45,553,539 | € 31,600,476 | € 3,056,923 | € 36,278,801 | ▲ € 33.2 million |
| Equity | € 139,368,012 | € 90,968,488 | € 87,025,411 | € 90,004,212 | ▲ 3% |
| Total debts | € 19,244,499 | € 17,654,159 | € 37,991,856 | € 37,539,312 | ▼ 1% |
| Cash | € 219,183 | € 74,465 | € 125,331 | - | |
| Retained profit | € 54,868,012 | € 8,968,488 | € 5,025,411 | € 8,004,212 | ▲ 59% |
| Dividend | € 0 | € 77,500,000 | € 7,000,000 | € 33,300,000 | ▲ € 26.3 million |
| Bank debt | € 5,500,000 | € 3,000,000 | € 0 | € 0 | |
| Balance sheet total | € 158,612,510 | € 108,622,647 | € 125,017,266 | € 127,543,524 | ▲ 2% |
Key figures of Safuco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Safuco?
What happened at Safuco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36.3 million (▲ € 33.2 million vs 2024). Source: NBB ↗
- DMTS BV became a director. NBB
- Blue Holdco BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 45.6 million profit in 2022 to € 36.3 million profit in 2025.
Best year ever: 2022, with € 45.6 million profit.
Paid out € 117.8 million in dividends to the owners in total.
Pays suppliers within 83 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Blue Holdco, SAKOLAKI, VENDIS CAPITAL II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SafucoBehind Safuco are DMTS BV and Blue Holdco BV. The shares are held by Blue Holdco (100%), SAKOLAKI (60.7%) and VENDIS CAPITAL II (31.9%). It owns 100% of SANITARY GROUP itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Peter Demets
Also active at: CLUB, STANDAARD BOEKHANDEL, SBL, LEGIO SALES BELGIUM, X²O WEST- EN OOST-VLAANDEREN, X²O ANTWERPEN & LIMBURG, X²O BRABANT, BELIVING +2 more
since 2024
Managing director · represented by Veerle Hoebrechs
Also active at: LEGIO SALES BELGIUM, X²O WEST- EN OOST-VLAANDEREN, X²O ANTWERPEN & LIMBURG, X²O BRABANT, SANITARY GROUP, X²O WALLONIE
since 2024
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Foreestelaan 80
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →LEGIO SALES BELGIUM same network
€ 154.2 million revenue · 2025
X²O WEST- EN OOST-VLAANDEREN same network
€ 50.4 million revenue · 2025
X²O ANTWERPEN & LIMBURG same network
€ 24.6 million revenue · 2025
X²O BRABANT same network
€ 27.3 million revenue · 2025
Vereniging van mede-eigenaars forum gebouw A4 - NERO (met buitenparkeerplaatsen) te Gent, Foreestelaan 80
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0665.901.139
- VAT number
- BE 0665.901.139
- Registered office
- Foreestelaan 80, 9000 Gent
- Names & denominations
- Safuco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2016
- Peppol
- Active · Active since 24 Jun 2025
- Contact
- [email protected] 09/395.16.51
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van hoofdkantoren