Financials
Financial year 2024
SAFRE from Sint-Martens-Latem, company number BE0810678785, closed financial year 2024 with a result of € 12,671 after tax. For that financial year SAFRE recorded a gross margin of € 1.2 million and equity of € 1 million. Compared with financial year 2023, the result moved from € 28,558 to € 12,671. The company is profitable. 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 October 8, 2025.
€ 1 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,671
▼ 56% vs 2023
Profit after tax over the fiscal year.
€ 203,938
▼ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 997,910.
People and assets in 2024
27.3
▲ 5.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 17% vs 2023
€ 38,700 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.
€ 19,244
▼ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 50,822
▲ 44% vs 2023
€ 47,333 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 215,609
▼ 32% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 69,060
▼ 56% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 845,175 | € 1,025,828 | € 1,070,946 | € 1,214,536 | ▲ 13% |
| Profit after taxes | € 227,041 | € 125,713 | € 28,558 | € 12,671 | ▼ 56% |
| Equity | € 849,569 | € 975,282 | € 1,003,839 | € 1,016,510 | ▲ 1% |
| Total debts | € 325,384 | € 571,630 | € 519,909 | € 349,431 | ▼ 33% |
| Cash | € 243,260 | € 187,445 | € 231,846 | € 203,938 | ▼ 12% |
| Land & buildings | € 149,677 | € 143,530 | € 135,216 | € 10,283 | ▼ 92% |
| Retained profit | € 830,969 | € 956,682 | € 985,239 | € 997,910 | ▲ 1% |
| Bank debt | € 93,823 | € 65,802 | € 35,375 | € 50,822 | ▲ 44% |
| Balance sheet total | € 1,174,953 | € 1,546,912 | € 1,523,749 | € 1,365,941 | ▼ 10% |
| Employees (FTE) | 13.8 | 16.6 | 21.9 | 27.3 | ▲ 5.4 |
Key figures of SAFRE, 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 SAFRE?
What happened at SAFRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 12,671 (▼ 56% vs 2023). filed late Source: NBB ↗
- Frederick De Bouw became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
- Saartje De Bouw became a director. NBB
In short
From € 227,041 profit in 2021 to € 12,671 profit in 2024.
Paid € 202,049 in corporate taxes since 2021.
Best year ever: 2021, with € 227,041 profit.
On average € 44,500 of value added per employee in 2024.
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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 SAFRE are Saartje De Bouw and Frederick De Bouw. The same people are also behind FREDESA.
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 48
9831 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0810.678.785
- VAT number
- BE 0810.678.785
- Registered office
- Dorpsstraat 48, 9831 Sint-Martens-Latem
- Names & denominations
- SAFRE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2009
- Peppol
- Active · Active since 6 Mar 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen