Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAFE WORKS from Maarkedal, company number BE0829554094, closed financial year 2025 with a result of € 32,747 after tax. For that financial year SAFE WORKS recorded a gross margin of € 125,657 and equity of € 230,889. Compared with financial year 2024, the result moved from € 31,525 to € 32,747. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 230,889
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,747
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 16,372
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 220,889.
People and assets in 2025
€ 67,014
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 349,301
▲ 1% vs 2024
€ 62,460 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 6,062
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,648
▼ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,022 | € 89,188 | € 120,288 | € 125,657 | ▲ 4% |
| Profit after taxes | € 5,472 | € 17,286 | € 31,525 | € 32,747 | ▲ 4% |
| Equity | € 149,330 | € 166,617 | € 198,142 | € 230,889 | ▲ 17% |
| Total debts | € 480,643 | € 529,591 | € 482,264 | € 452,757 | ▼ 6% |
| Cash | € 35,677 | € 31,171 | € 19,795 | € 16,372 | ▼ 17% |
| Land & buildings | € 520,073 | € 501,211 | € 485,259 | € 547,964 | ▲ 13% |
| Retained profit | € 139,330 | € 156,617 | € 188,142 | € 220,889 | ▲ 17% |
| Bank debt | € 341,929 | € 392,164 | € 344,857 | € 349,301 | ▲ 1% |
| Balance sheet total | € 629,974 | € 696,207 | € 680,406 | € 683,646 |
Key figures of SAFE WORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SAFE WORKS?
What happened at SAFE WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,747 (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Maarkedal. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,472 profit in 2022 to € 32,747 profit in 2025.
Paid € 41,089 in corporate taxes since 2022.
Best year ever: 2025, with € 32,747 profit.
Management
Behind SAFE WORKS is Francis De Bock.
Directors
According to the 2025 annual accounts
Francis De Bock
Director
Establishments
Establishment units
Physical locations of this company
Margaretha van Parmadreef 6
9681 Maarkedal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.554.094
- VAT number
- BE 0829.554.094
- Registered office
- Margaretha van Parmadreef 6, 9681 Maarkedal
- Names & denominations
- SAFE WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2010
- Peppol
- Active · Active since 16 May 2025
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Activiteiten van bouwarchitecten
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.