ACTIVE

SAFAA

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Financial year 2025 · closed on 31/12/2025

Net result

108,4 €

-81.7% YoY

Gross margin

4,8 k €

+296.1% YoY

Equity

34,1 k €

+0.3% YoY

What does SAFAA do?

SAFAA is a Private limited company incorporated in 1997. Its registered office is in Molenbeek-Saint-Jean.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.892.836

Incorporation

22/01/1997

Legal form

Private limited company

Registered office

Avenue de la Liberté 175
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

590,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	4,8 k €	+296%	1,2 k €	-43.0%	2,1 k €	-67.7%	6,6 k €	-29.4%	9,3 k €	+0.7%	9,3 k €	-50.1%	18,6 k €	-27.9%	25,8 k €	+10.4%	23,4 k €	-19.3%	28,9 k €	+11.0%	26,1 k €	+287%	6,7 k €	+182%	2,4 k €	-78.6%	11,1 k €	+59.9%	7 k €	+17.7%	5,9 k €	-20.4%	7,4 k €	-49.2%	14,7 k €	+97.2%	7,4 k €	-9.8%	8,2 k €
EBITDA	3,8 k €	+538%	594,8 €	-72.1%	2,1 k €	-57.1%	5 k €	-17.2%	6 k €	-32.5%	8,9 k €	+25.8%	7,1 k €	+5.8%	6,7 k €	+2.4%	6,5 k €	-37.3%	10,4 k €	+95.6%	5,3 k €	+5.3%	5 k €	+267%	1,4 k €	-86.5%	10,2 k €	+74.1%	5,8 k €	+22.0%	4,8 k €	-19.0%	5,9 k €	-56.8%	13,7 k €	+138%	5,7 k €	-15.6%	6,8 k €
Operating result	304,1 €	-48.9%	594,8 €	-72.1%	2,1 k €	-57.1%	5 k €	-17.2%	6 k €	+75.4%	3,4 k €	+114%	1,6 k €	+32.1%	1,2 k €	+14.6%	1,1 k €	+22.6%	859,2 €	-30.8%	1,2 k €	+27.7%	971,5 €	+136%	-2,7 k €	-144%	6,1 k €	+289%	1,6 k €	+204%	516,2 €	-68.4%	1,6 k €	-82.6%	9,4 k €	+541%	1,5 k €	-70.1%	4,9 k €
Net result	108,4 €	-81.7%	591,6 €	-69.3%	1,9 k €	-56.9%	4,5 k €	-22.4%	5,8 k €	+106%	2,8 k €	+235%	835,8 €	+166%	314 €	+1.1%	310,5 €		–		-234,4 €	+29.4%	-332 €	+75.5%	-1,4 k €	-118%	7,6 k €	+220%	2,4 k €	+1083%	200,3 €	+102%	-11,1 k €	-233%	8,3 k €	+12984%	63,4 €	-98.9%	5,7 k €
Balance sheet
Equity	34,1 k €	+0.3%	34 k €	-33.9%	51,4 k €	+3.9%	49,5 k €	+9.9%	45 k €	+14.7%	39,2 k €	+7.7%	36,4 k €	+2.3%	35,6 k €	+0.9%	35,3 k €	+0.9%	35 k €	0.0%	35 k €	-0.7%	35,2 k €	-0.9%	35,5 k €	-4.6%	37,3 k €	+25.5%	29,7 k €	+8.7%	27,3 k €	+0.7%	27,1 k €	-28.3%	37,8 k €	+28.1%	29,5 k €	+3.3%	28,6 k €
Total assets	35,3 k €	+2.8%	34,3 k €	-44.7%	62,1 k €	+4.0%	59,7 k €	-6.7%	64 k €	+44.1%	44,4 k €	-5.5%	47 k €	-9.8%	52,1 k €	-4.5%	54,5 k €	-11.6%	61,7 k €	+49.7%	41,2 k €	+3.5%	39,8 k €	+5.4%	37,8 k €	-14.6%	44,2 k €	+39.0%	31,8 k €	-15.9%	37,9 k €	-5.3%	40 k €	-26.3%	54,3 k €	+7.3%	50,6 k €	+9.2%	46,3 k €
Cash	3,4 k €	+121%	1,5 k €	-34.9%	2,3 k €	-19.8%	2,9 k €		–		1,7 k €	-5.9%	1,8 k €	-62.4%	4,7 k €	+25.1%	3,8 k €		–		–		–		7 k €	-37.5%	11,2 k €	+3093%	350,2 €	-79.8%	1,7 k €	+182%	614,5 €		–		964,2 €	-94.3%	16,9 k €
Debts	1,2 k €	+247%	344,9 €	-96.8%	10,7 k €	+4.4%	10,2 k €	-46.1%	19 k €	+267%	5,2 k €	-50.9%	10,5 k €	-36.1%	16,5 k €	-14.5%	19,2 k €	-28.0%	26,7 k €	+327%	6,3 k €	+35.1%	4,6 k €	+104%	2,3 k €	-67.5%	7 k €	+288%	1,8 k €	-82.4%	10,2 k €	-18.4%	12,5 k €	-22.4%	16,1 k €	-22.2%	20,7 k €	+19.2%	17,4 k €

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 31/12/2021 · 1 active · 4 ended

Active mandates

Gratis Nizeyimana

Mandate

Active

Ended mandates

LAZARRE GWIZA

Managing director · since 18 mai 2005

Ended

LAZARRE GWIZA

Administrator - manager · since 18 mai 2005

Ended

Jean-Marie NYILINGABO

Manager

Ended

LAZARRE GWIZA

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	25/08/2026	25/08/2025	23/08/2024	24/08/2023	05/08/2022	06/08/2021
General meeting	29/05/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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
Micro model	31/12/2025	29/05/2026	25/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	25/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	23/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	24/08/2023	French	PDF
Micro model	31/12/2021	30/06/2022	05/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	06/08/2021	French	PDF
Micro model	31/12/2019	30/06/2020	28/08/2020	French	PDF
Micro model	31/12/2018	30/06/2019	29/08/2019	French	PDF
Micro model	31/12/2017	30/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	27/09/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	29/06/2011	03/08/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	19/07/2010	French	PDF
Abridged model	31/12/2008	29/06/2009	24/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	24/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	24/07/2007	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 31/12/2021 · 1 active · 4 ended

Active mandates

Gratis Nizeyimana

Mandate

Active

Ended mandates

LAZARRE GWIZA

Managing director · since 18 mai 2005

Ended

LAZARRE GWIZA

Administrator - manager · since 18 mai 2005

Ended

Jean-Marie NYILINGABO

Manager

Ended

LAZARRE GWIZA

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other04/05/2026
Proces-verbaal de P assemblée générale extraordinaire :
PDF
Mandates07/06/2024
MODIFICATION FORME JURIDIQUE, DEMISSIONS,
PDF
Mandates12/03/2024
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates01/07/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office17/11/2014
SIEGE SOCIAL
PDF
Mandates11/07/2014
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2012
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
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 2025108,4 €↓
2024
Annual accounts 2024591,6 €↓
2023
Annual accounts 20231,9 k €↓
2022
Annual accounts 20224,5 k €↓
2021
Annual accounts 20215,8 k €↑
2020
Annual accounts 20202,8 k €↑
2019
Annual accounts 2019835,8 €↑
2018
Annual accounts 2018314 €↑
2017
Annual accounts 2017310,5 €↑
2016
Annual accounts 2016
2015
Annual accounts 2015-234,4 €↑
2014
Annual accounts 2014-332 €↑
2013
Annual accounts 2013-1,4 k €↓
2012
Annual accounts 20127,6 k €↑
2011
Annual accounts 20112,4 k €↑
2010
Annual accounts 2010200,3 €↑
2009
Annual accounts 2009-11,1 k €↓
2008
Annual accounts 20088,3 k €↑
2007
Annual accounts 200763,4 €↓
2006
Annual accounts 20065,7 k €
22/01/1997
IncorporationPrivate 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

SAFAA

Overview

What does SAFAA 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