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 2023 and 2024.
Financials
Financial year 2024
SAFETY SOLUTIONS ON RAIL from Antwerpen, company number BE0754545677, closed financial year 2024 with a result of € -34,055 after tax. For that financial year SAFETY SOLUTIONS ON RAIL recorded a gross margin of € 275,587 and equity of € 84,702. Compared with financial year 2023, the result moved from € -118,115 to € -34,055. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 84,702
▼ 29% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,055
▲ 71 % less loss than in 2023
Profit after tax over the fiscal year.
€ 45,299
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 77,202.
People and assets in 2024
€ 288,601
▲ 55% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,068
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3,712
Loans from banks and other lenders, long and short.
€ 59,511
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 95,920
▲ 1% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 150,253 | € 310,758 | € 91,359 | € 275,587 | ▲ 202% |
| Profit after taxes | € 78,709 | € 150,664 | € -118,115 | € -34,055 | ▲ € 84,060 |
| Equity | € 86,209 | € 236,873 | € 118,758 | € 84,702 | ▼ 29% |
| Total debts | € 82,378 | € 161,930 | € 157,885 | € 161,426 | ▲ 2% |
| Cash | € 78,724 | € 142,449 | € 112,089 | € 45,299 | ▼ 60% |
| Retained profit | € 78,709 | € 229,373 | € 111,258 | € 77,202 | ▼ 31% |
| Bank debt | € 19,554 | € 12,850 | € 0 | € 3,712 | |
| Balance sheet total | € 168,587 | € 398,803 | € 276,642 | € 246,128 | ▼ 11% |
Key figures of SAFETY SOLUTIONS ON RAIL, 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.
What happened to SAFETY SOLUTIONS ON RAIL?
What happened at SAFETY SOLUTIONS ON RAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 34,055. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Fouad Bugri became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 78,709 profit in 2021 to € 34,055 loss in 2024.
Paid € 76,061 in corporate taxes since 2021.
Best year ever: 2022, with € 150,664 profit.
A new publication or filing at SAFETY SOLUTIONS ON RAIL? 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
Management
Behind SAFETY SOLUTIONS ON RAIL is Fouad Bugri.
Directors
According to the 2024 annual accounts
Fouad Bugri
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Noorderlaan 111 box 9
2030 Antwerpen
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 →ToMACH ENGINEERING
€ 2.4 million revenue · 2025
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€ 825,596 gross margin · 2025
Elements Real Estate
€ -4,664 gross margin · 2024
Tilsit
€ -6,722 gross margin · 2025
Elements Real Estate II
€ -17,154 gross margin · 2024
+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
- 0754.545.677
- VAT number
- BE 0754.545.677
- Registered office
- Noorderlaan 111 bus 9, 2030 Antwerpen
- Names & denominations
- SAFETY SOLUTIONS ON RAIL · SSR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2020
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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