ACTIVE

SAFE TENSIONING SYSTEM

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Financial year 2025 · closed on 31/12/2025

Net result

10,4 k €

+108.9% YoY

Gross margin

205,6 k €

+119.5% YoY

Equity

635,2 k €

+11.2% YoY

What does SAFE TENSIONING SYSTEM do?

SAFE TENSIONING SYSTEM is a Public limited company incorporated in 1994. Its main activity is: Non-specialised wholesale trade. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.839.064

Incorporation

03/02/1994

Legal form

Public limited company

Registered office

Avenue Léonard de Vinci 17
1300 Wavre · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

46900Non-specialised wholesale trade· main 46900Non-specialised wholesale trade 51900Air transport 41101Development of building projects 63301Information service activities 68121Buying and selling of own real estate+12

Joint committees (5)

100
14904
200
201
218

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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
Gross margin	205,6 k €	+120%	93,7 k €	-82.6%	538,9 k €	-17.3%	651,5 k €	+26.2%	516,3 k €	+37.3%	376 k €	-17.4%	455 k €	-6.5%	486,4 k €	-2.6%	499,3 k €	-0.8%	503,2 k €	-8.4%	549,5 k €	-20.3%	689,1 k €	+42.9%	482,2 k €	-17.0%	581 k €	+51.5%	383,5 k €	-7.8%	415,7 k €	-6.0%	442,1 k €	-6.6%	473,1 k €	+11.3%	425,2 k €	+36.1%	312,4 k €
EBITDA	193 k €	+138%	81 k €	-74.3%	315,3 k €	-23.3%	411 k €	+59.6%	257,6 k €	-7.3%	277,9 k €	+58.5%	175,4 k €	+19.2%	147,1 k €	-23.6%	192,6 k €	+91.8%	100,4 k €	-3.6%	104,2 k €	-55.1%	231,8 k €	+98.8%	116,6 k €	-31.3%	169,7 k €	+190%	58,5 k €	-58.4%	140,7 k €	+36.2%	103,3 k €	+13.6%	90,9 k €	-48.6%	176,8 k €	+60.8%	109,9 k €
Operating result	46,1 k €	+173%	-62,8 k €	-137%	168,5 k €	-36.9%	267,1 k €	+115%	124,4 k €	-15.2%	146,8 k €	+250%	41,9 k €	+5.1%	39,9 k €	-68.9%	128 k €	+518%	20,7 k €	+0.3%	20,7 k €	-85.8%	145,3 k €	+385%	30 k €	-69.9%	99,7 k €	+2249%	-4,6 k €	-106%	82,4 k €	+81.1%	45,5 k €	+35.1%	33,7 k €	-76.9%	145,8 k €	+73.3%	84,2 k €
Net result	10,4 k €	+109%	-116,8 k €	-253%	76,4 k €	-49.5%	151,3 k €	+166%	56,8 k €	-19.0%	70,1 k €	+452%	12,7 k €	+3776%	328 €	-99.6%	86,1 k €	+1154%	-8,2 k €	-315%	-2 k €	-103%	74,4 k €	+2556%	2,8 k €	-96.3%	76,7 k €	-77.2%	336,4 k €	+558%	51,1 k €	+1134%	4,1 k €	+233%	-3,1 k €	-105%	66,8 k €	+99.4%	33,5 k €
Balance sheet
Equity	635,2 k €	+11.2%	571 k €	-49.5%	1,1 M €	+6.7%	1,1 M €	+15.9%	914,8 k €	+5.9%	863,4 k €	+8.1%	798,8 k €	+8.4%	736,9 k €	+7.6%	684,8 k €	+14.4%	598,7 k €	-1.3%	606,9 k €	-0.3%	608,8 k €	+12.4%	541,8 k €	-1.4%	549,8 k €	-29.9%	783,8 k €	+71.1%	458,2 k €	+9.7%	417,8 k €	-1.6%	424,5 k €	+15.9%	366,4 k €	+22.3%	299,6 k €
Total assets	2,9 M €	-7.2%	3,1 M €	-14.5%	3,6 M €	+22.1%	3 M €	-10.0%	3,3 M €	+14.3%	2,9 M €	-0.9%	2,9 M €	+0.0%	2,9 M €	+8.9%	2,7 M €	+93.3%	1,4 M €	+1.7%	1,4 M €	-11.6%	1,5 M €	+6.4%	1,5 M €	-21.2%	1,8 M €	-9.7%	2 M €	+35.6%	1,5 M €	-6.0%	1,6 M €	+0.1%	1,6 M €	+61.8%	987,8 k €	+27.7%	773,5 k €
Cash	173,7 k €	-59.0%	423,9 k €	+6.1%	399,4 k €	+20.2%	332,3 k €	-29.6%	471,8 k €	+55.9%	302,7 k €	+27.7%	237 k €	+8.9%	217,5 k €	-27.8%	301,3 k €	+122%	135,9 k €	-21.5%	173,2 k €	-27.4%	238,7 k €	+28.5%	185,7 k €	-68.0%	580,1 k €	-21.9%	743 k €	+325%	174,6 k €	+928%	17 k €	-61.9%	44,5 k €	-81.6%	242,3 k €	+323%	57,2 k €
Debts	2,2 M €	-12.2%	2,5 M €	+1.5%	2,5 M €	+31.2%	1,9 M €	-20.2%	2,4 M €	+18.4%	2 M €	-4.2%	2,1 M €	-3.8%	2,2 M €	+9.0%	2 M €	+151%	790 k €	+4.1%	759,2 k €	-16.2%	906,5 k €	+1.0%	897,4 k €	-30.2%	1,3 M €	+2.6%	1,3 M €	+19.8%	1 M €	-11.5%	1,2 M €	+0.7%	1,2 M €	+88.9%	621,4 k €	+31.1%	473,9 k €
Other
Workforce	–		–		2,1 ETP	-16.0%	2,5 ETP	-24.2%	3,3 ETP	+83.3%	1,8 ETP	-51.4%	3,7 ETP	-14.0%	4,3 ETP	+13.2%	3,8 ETP	-9.5%	4,2 ETP	0.0%	4,2 ETP	-12.5%	4,8 ETP	0.0%	4,8 ETP	0.0%	4,8 ETP	+20.0%	4,0 ETP	+21.2%	3,3 ETP	-34.0%	5,0 ETP	+400%	1,0 ETP	0.0%	1,0 ETP	-80.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 25 ended

Active mandates

ECOTFIN

Director · since 13 mars 2026 · until 01 mai 2032 · 0472.939.732

Represented by Arnlod DE QUIRINI

Active

Pascale DE PIERPONT

Director · since 13 mars 2026 · until 01 mai 2032

Active

Ended mandates

INDUSTRIAL CONSULTANCY AND MANAGEMENT

Director · since 21 avril 2022 · until 02 mai 2025 · 0462.310.710

Represented by Claude JACQMIN

Ended

ECOTFIN

Director · since 08 septembre 2020 · until 07 septembre 2026 · 0472.939.732

Represented by Arnlod DE QUIRINI

Ended

ECOTFIN

Managing director · since 08 septembre 2020 · until 07 septembre 2026 · 0472.939.732

Represented by ARNOLD DE QUIRINI

Ended

JEAN PIERRE VAN CUTSEM

Director · since 08 septembre 2020 · until 07 septembre 2026

Ended

At this address

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RELIABLE DYNAMIC TECHNOLOGY● Active	0690.896.059
S.P.R.L. MAPREMA ETS● Active	0875.641.071

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	28/08/2026	28/08/2025	11/04/2025	06/06/2023	31/08/2022	26/08/2021
General meeting	01/05/2026	02/05/2025	04/06/2024	05/05/2023	06/05/2022	07/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/05/2026	28/08/2026	French	PDF
Abridged model	31/12/2024	02/05/2025	28/08/2025	French	PDF
Abridged modelCorrection	31/12/2023	04/06/2024	11/04/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	09/07/2024	French	PDF
Abridged model	31/12/2022	05/05/2023	06/06/2023	French	PDF
Abridged model	31/12/2021	06/05/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	07/05/2021	26/08/2021	French	PDF
Abridged model	31/12/2019	04/05/2020	27/10/2020	French	PDF
Abridged model	31/12/2018	03/05/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	15/06/2018	French	PDF
Abridged model	31/12/2016	04/05/2017	23/06/2017	French	PDF
Abridged model	31/12/2015	12/05/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	29/07/2014	French	PDF
Abridged model	31/12/2012	25/04/2013	22/07/2013	French	PDF
Abridged model	31/12/2011	04/05/2012	04/07/2012	French	PDF
Abridged model	31/12/2010	06/05/2011	11/08/2011	French	PDF
Abridged model	31/12/2009	07/05/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	22/04/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	23/04/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 25 ended

Active mandates

ECOTFIN

Director · since 13 mars 2026 · until 01 mai 2032 · 0472.939.732

Represented by Arnlod DE QUIRINI

Active

Pascale DE PIERPONT

Director · since 13 mars 2026 · until 01 mai 2032

Active

Ended mandates

INDUSTRIAL CONSULTANCY AND MANAGEMENT

Director · since 21 avril 2022 · until 02 mai 2025 · 0462.310.710

Represented by Claude JACQMIN

Ended

ECOTFIN

Director · since 08 septembre 2020 · until 07 septembre 2026 · 0472.939.732

Represented by Arnlod DE QUIRINI

Ended

ECOTFIN

Managing director · since 08 septembre 2020 · until 07 septembre 2026 · 0472.939.732

Represented by ARNOLD DE QUIRINI

Ended

JEAN PIERRE VAN CUTSEM

Director · since 08 septembre 2020 · until 07 septembre 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring22/08/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring24/06/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates12/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates02/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates23/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates16/02/2018
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202510,4 k €↑
2024
Annual accounts 2024-116,8 k €↓
2023
Annual accounts 202376,4 k €↓
2022
Annual accounts 2022151,3 k €↑
2021
Annual accounts 202156,8 k €↓
2020
Annual accounts 202070,1 k €↑
2019
Annual accounts 201912,7 k €↑
2018
Annual accounts 2018328 €↓
2017
Annual accounts 201786,1 k €↑
2016
Annual accounts 2016-8,2 k €↓
2015
Annual accounts 2015-2 k €↓
2014
Annual accounts 201474,4 k €↑
2013
Annual accounts 20132,8 k €↓
2012
Annual accounts 201276,7 k €↓
2011
Annual accounts 2011336,4 k €↑
2010
Annual accounts 201051,1 k €↑
2009
Annual accounts 20094,1 k €↑
2008
Annual accounts 2008-3,1 k €↓
2007
Annual accounts 200766,8 k €↑
2006
Annual accounts 200633,5 k €
03/02/1994
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

SAFE TENSIONING SYSTEM

Overview

What does SAFE TENSIONING SYSTEM 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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline