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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
S.A.F.O from Zaventem, company number BE0683490110, closed financial year 2024 with a result of € -3,870 after tax. For that financial year S.A.F.O recorded a gross margin of € 112 and equity of € 33,028. Compared with financial year 2023, the result moved from € 10,439 to € -3,870. 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 July 31, 2025.
€ 33,028
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,870
▼ still € 10,439 profit in 2023
Profit after tax over the fiscal year.
€ 0
▼ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,428.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2,627
▼ 65% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,251
▲ 28% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,501 | € 27,105 | € 29,205 | € 112 | ▼ € 29,093 |
| Profit after taxes | € -5,792 | € 14,894 | € 10,439 | € -3,870 | ▼ € 14,309 |
| Equity | € 11,565 | € 26,460 | € 36,898 | € 33,028 | ▼ 10% |
| Total debts | € 30,323 | € 4,842 | € 31,431 | € 30,730 | ▼ 2% |
| Cash | € 1 | € 1 | € 1 | € 0 | ▼ 45% |
| Retained profit | € -7,035 | € 7,860 | € 18,298 | € 14,428 | ▼ 21% |
| Bank debt | € 19,417 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 41,888 | € 31,302 | € 68,330 | € 63,759 | ▼ 7% |
By gross margin, S.A.F.O ranks 7th of 12 companies with main activity “Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding” in Flemish Brabant that publish figures (fiscal year 2024).
Key figures of S.A.F.O, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
Ask about S.A.F.O the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to S.A.F.O?
What happened at S.A.F.O in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
S.A.F.O is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 3,870 (▼ € 14,309 vs 2023). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 5,792 loss in 2021 to € 3,870 loss in 2024.
Paid € 10,713 in corporate taxes since 2021.
Best year ever: 2022, with € 14,894 profit.
Management
Behind S.A.F.O is Mehmed ORHAN.
Directors
According to the 2024 annual accounts
Mehmed ORHAN
Director
Establishments
Establishment units
Physical locations of this company
Bosstraat 3
1930 Zaventem
François Rigasquare 30 box 2
1030 Schaarbeek
Active since 1 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Flemish Brabant
Same main activity (Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding), 23 active companies in Flemish Brabant, largest first.
€ 974,403 gross margin · 2025 · Pajottegem
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€ 21,533 gross margin · 2025 · Halle
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€ 3,154 gross margin · 2025 · Kraainem
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MEHMED Orhan Sebaydin(oprichter) 50%
- MEHMED Fatme Sebaydin(oprichter) 50%
Details
- Company number
- 0683.490.110
- VAT number
- BE 0683.490.110
- Registered office
- Bosstraat 3, 1930 Zaventem
- Names & denominations
- S.A.F.O
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 18 October 2017
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding
Detailhandel in uurwerken en sieraden
Detailhandel in tweedehandskleding
Detailhandel in antiquiteiten