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 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SAF GROUP from Sint-Gillis (bij-Brussel), company number BE0724568224, closed financial year 2023 with a result of € -26,726 after tax. For that financial year SAF GROUP recorded a gross margin of € 324,032 and equity of € -197,435. Compared with financial year 2022, the result moved from € -269,936 to € -26,726. 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 June 24, 2024.
€ -197,435
▼ € 26,726 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,726
▲ 90 % less loss than in 2022
Profit after tax over the fiscal year.
€ 17,441
▲ 168% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -207,115.
People and assets in 2023
10.4
Average over the fiscal year, from the social balance sheet.
€ 317,131
▼ 22% vs 2022
€ 30,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,668
▼ 28% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 155,886
▲ 102% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 407,444
▲ 32% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 932,057 | € 826,277 | - | |
| Gross margin | € 483,218 | € 163,645 | € 324,032 | ▲ 98% |
| Profit after taxes | € 104,419 | € -269,936 | € -26,726 | ▲ € 243,210 |
| Equity | € 99,227 | € -170,709 | € -197,435 | ▼ € 26,726 |
| Total debts | € 240,682 | € 385,933 | € 584,477 | ▲ 51% |
| Cash | € 20,903 | € 6,509 | € 17,441 | ▲ 168% |
| Retained profit | € 89,547 | € -180,389 | € -207,115 | ▼ € 26,726 |
| Balance sheet total | € 339,910 | € 215,224 | € 387,042 | ▲ 80% |
| Employees (FTE) | - | - | 10.4 |
Key figures of SAF GROUP, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SAF GROUP?
What happened at SAF GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SAF GROUP is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 26,726. Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 104,419 profit in 2021 to € 26,726 loss in 2023.
Paid € 32,834 in corporate taxes since 2021.
Best year ever: 2021, with € 104,419 profit.
On average € 31,200 of value added per employee in 2023.
A new publication or filing at SAF GROUP? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Dejonckerstraat 46
1060 Sint-Gillis (bij-Brussel)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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€ 1.9 million revenue · 2025
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€ -6,535 gross margin · 2024
NODALVIEW
€ 3.8 million gross margin · 2025
Iris Recherche - Iris Onderzoek
€ -1,056 gross margin · 2022
+2 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
- 0724.568.224
- VAT number
- BE 0724.568.224
- Registered office
- Dejonckerstraat 46, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- SAF GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 April 2019
- Peppol
- Active · Active since 8 Sept 2026
- Contact
- [email protected] 0493447855
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening