ACTIVE

SAFETY FIRST

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Financial year 2025 · closed on 31/12/2025

Net result

-2 k €

-118.4% YoY

Revenue

55 k €

+266.7% YoY

Equity

214 k €

-0.9% YoY

What does SAFETY FIRST do?

SAFETY FIRST is a Public limited company incorporated in 1991. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.639.180

Incorporation

31/10/1991

Legal form

Public limited company

Registered office

Avenue Blücher 55
1180 Uccle · BruxellesSee on map

Contributed capital

68 170,72 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	55 k €	+267%	15 k €	-52.5%	31,6 k €	-20.5%	39,7 k €	-9.3%	43,8 k €	-13.4%	50,6 k €	-68.5%	160,5 k €	+72.3%	93,1 k €	-83.9%	577,1 k €	-27.9%	800,2 k €	+158%	309,8 k €	+38.3%	224 k €	-47.2%	424,5 k €	-19.3%	525,7 k €	+27.1%	413,5 k €	+26.6%	326,6 k €	+62.5%	201 k €	-1.8%	204,6 k €	-31.0%	296,4 k €	+46.1%	202,9 k €
EBITDA	-9,7 k €	-5042%	195,3 €	+102%	-11,4 k €	+9.8%	-12,6 k €	-23.1%	-10,2 k €	-14211%	72,6 €	+104%	-2 k €	+83.7%	-12 k €	-152%	22,9 k €	-36.9%	36,3 k €	+171%	13,4 k €	+21.4%	11 k €	-86.8%	83,5 k €	+69.8%	49,2 k €	+63.9%	30 k €	+56.0%	19,2 k €	+215%	6,1 k €	+278%	-3,4 k €	-6.7%	-3,2 k €	+55.6%	-7,2 k €
Operating result	-9,7 k €	-5042%	195,3 €	+102%	-11,4 k €	+9.8%	-12,6 k €	-23.1%	-10,2 k €	-14211%	72,6 €	+104%	-2 k €	+83.7%	-12 k €	-152%	22,9 k €	-36.9%	36,3 k €	+171%	13,4 k €	+21.4%	11 k €	-86.8%	83,5 k €	+69.8%	49,2 k €	+63.9%	30 k €	+56.0%	19,2 k €	+215%	6,1 k €	+278%	-3,4 k €	-6.7%	-3,2 k €	+55.6%	-7,2 k €
Net result	-2 k €	-118%	10,6 k €	+810%	-1,5 k €	+83.3%	-9 k €	-82.4%	-4,9 k €	-294%	2,5 k €	+246%	730,8 €	+108%	-8,9 k €	-142%	21,1 k €	-41.3%	35,9 k €	+70.7%	21 k €	+104%	10,3 k €	-86.9%	78,8 k €	+130%	34,3 k €	+54.9%	22,1 k €	+54.1%	14,3 k €	+87.9%	7,6 k €	+24.0%	6,2 k €	-18.7%	7,6 k €	+294%	1,9 k €
Balance sheet
Equity	214 k €	-0.9%	216 k €	+5.2%	205,4 k €	-0.7%	206,9 k €	-4.2%	215,8 k €	-2.2%	220,7 k €	+1.2%	218,2 k €	+0.3%	217,5 k €	-3.9%	226,4 k €	+2.8%	220,3 k €	+5.2%	209,4 k €	+3.0%	203,3 k €	+5.3%	193 k €	+10.8%	174,3 k €	+24.5%	140 k €	+18.8%	117,9 k €	+13.9%	103,6 k €	+8.0%	95,9 k €	+6.9%	89,8 k €	+9.2%	82,2 k €
Total assets	268,3 k €	+21.8%	220,3 k €	+4.6%	210,6 k €	-2.8%	216,6 k €	-4.9%	227,7 k €	-2.5%	233,6 k €	-26.6%	318,5 k €	+16.1%	274,3 k €	-34.1%	416,4 k €	-20.6%	524,3 k €	+16.7%	449,4 k €	+31.3%	342,2 k €	-13.0%	393,4 k €	+39.4%	282,3 k €	-34.0%	427,6 k €	+73.6%	246,3 k €	+56.6%	157,3 k €	-36.8%	249 k €	+3.5%	240,7 k €	+17.2%	205,4 k €
Cash	101,9 €	-93.7%	1,6 k €	+17.0%	1,4 k €	-64.6%	3,9 k €	-1.8%	4 k €	-58.0%	9,4 k €	-84.4%	60,2 k €	+52.9%	39,4 k €	-63.7%	108,4 k €	-55.3%	242,7 k €	+444%	44,6 k €	+48.2%	30,1 k €	-31.0%	43,6 k €	-61.2%	112,4 k €	-61.3%	290,8 k €	+313%	70,5 k €	+164%	26,7 k €	+1519%	1,7 k €	+9.1%	1,5 k €	-64.1%	4,2 k €
Debts	54,2 k €	+1167%	4,3 k €	-17.7%	5,2 k €	-46.8%	9,8 k €	-17.5%	11,8 k €	-8.3%	12,9 k €	-85.5%	89,2 k €	+89.7%	47 k €	-74.9%	187,5 k €	-37.8%	301,5 k €	+28.1%	235,3 k €	+74.6%	134,8 k €	-31.3%	196,3 k €	+89.9%	103,4 k €	-64.0%	287,4 k €	+126%	126,9 k €	+148%	51,1 k €	-66.6%	153,1 k €	+1.4%	150,9 k €	+22.5%	123,2 k €
Other
Workforce	–		–		0,2 ETP	-50.0%	0,4 ETP	0.0%	0,4 ETP	-33.3%	0,6 ETP	-14.3%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	-58.8%	1,7 ETP	0.0%	1,7 ETP	-5.6%	1,8 ETP	-18.2%	2,2 ETP	0.0%	2,2 ETP	+83.3%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

IDEMO

Director · 0423.331.457

Represented by Carole Ferrer

Active

Marc Verbruggen

Managing director

Active

Ended mandates

IDEMO

Director · 0423.331.457

Represented by Carole Ferrer

Ended

IDEMO

Director · 0423.331.457

Represented by Carole Ferrer

Ended

IMMO BLUCHER

Director · 0422.882.584

Represented by Marc Verbruggen

Ended

IMMO BLUCHER

Director · 0422.882.584

Represented by Marc Verbruggen

Ended

At this address

Other companies at this address

Company	CBE no.
Associations des Copropriétaires Caroline House à Uccle Avenue Blücher 55● Active	0752.812.644
Bureau d'Etudes, de Promotion et de Gérances immobilières - Studie, Promotie en Beheer Bureel van Immobiliën● Active	0419.138.978
IDEMO● Active	0423.331.457
IMMO BLUCHER● Active	0422.882.584
IMMODRO● Active	0429.172.639
L'Edile● Active	0440.663.278
LES ENTREPRISES VERBRUGGEN● Active	0420.233.791
LE VERGER● Active	0734.903.078
VERBRUGGEN ELECTRO● Active	0439.693.773
VERBRUGGEN INVEST● Active	0438.278.761

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2026	29/08/2025	30/08/2024	31/08/2023	31/08/2022	31/08/2021
General meeting	02/06/2026	02/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	29/08/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	06/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	04/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	05/06/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	28/06/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	01/07/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	01/07/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	03/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	05/06/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

IDEMO

Director · 0423.331.457

Represented by Carole Ferrer

Active

Marc Verbruggen

Managing director

Active

Ended mandates

IDEMO

Director · 0423.331.457

Represented by Carole Ferrer

Ended

IDEMO

Director · 0423.331.457

Represented by Carole Ferrer

Ended

IMMO BLUCHER

Director · 0422.882.584

Represented by Marc Verbruggen

Ended

IMMO BLUCHER

Director · 0422.882.584

Represented by Marc Verbruggen

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-2 k €↓
2024
Annual accounts 202410,6 k €↑
2023
Annual accounts 2023-1,5 k €↑
2022
Annual accounts 2022-9 k €↓
2021
Annual accounts 2021-4,9 k €↓
2020
Annual accounts 20202,5 k €↑
2019
Annual accounts 2019730,8 €↑
2018
Annual accounts 2018-8,9 k €↓
2017
Annual accounts 201721,1 k €↓
2016
Annual accounts 201635,9 k €↑
2015
Annual accounts 201521 k €↑
2014
Annual accounts 201410,3 k €↓
2013
Annual accounts 201378,8 k €↑
2012
Annual accounts 201234,3 k €↑
2011
Annual accounts 201122,1 k €↑
2010
Annual accounts 201014,3 k €↑
2009
Annual accounts 20097,6 k €↑
2008
Annual accounts 20086,2 k €↓
2007
Annual accounts 20077,6 k €↑
2006
Annual accounts 20061,9 k €
31/10/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SAFETY FIRST

Overview

What does SAFETY FIRST do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline