Safavieh European Logistic Center
0508.762.723 · rovalta.com · 28/09/2026
ACTIVE
Safavieh European Logistic Center
Financial year 2025 · Closed on 31/12/2025
Net result20,4 k €-80,7 %over 1 year
Gross margin639,6 k €-7,2 %over 1 year
Equity1 M €+2,1 %over 1 year
Workforce6,7 ETP+9,8 %over 1 year
Overview
Identity
Source · BCE/KBOSafavieh European Logistic Center is a Private company with limited liability incorporated in 2012. Its main activity is: Retail sale of carpets, rugs, wall and floor coverings in specialised stores. Its registered office is in Hoogstraten. It employs on average 6,7 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0508.762.723
- Incorporation
- 27/12/2012
- Legal form
- Private company with limited liability
- Registered office
- Romestraat 3
2321 Hoogstraten · FlandreSee on map - Contributed capital
- 768 600,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 6,7 ETP
Activities (NACE)
47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores· main47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores52100Warehousing and storage52100Warehousing and storage46150Agents involved in the sale of furniture, household goods, hardware and ironmongery46150Agents involved in the sale of furniture, household goods, hardware and ironmongery+20
Joint committees (2)
- 100
- 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 14 filingsTrend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 639,6 k € | -7.2% | 689 k € | +17.1% | 588,2 k € | +7.4% | 547,5 k € | -1.8% | 557,7 k € |
| EBITDA | 187,5 k € | -32.1% | 276 k € | +71.1% | 161,3 k € | +654% | -29,1 k € | -123% | 128,3 k € |
| Operating result | 42,7 k € | -67.3% | 130,6 k € | +1249% | 9,7 k € | +105% | -210,4 k € | -364% | -45,4 k € |
| Net result | 20,4 k € | -80.7% | 105,8 k € | +633% | -19,8 k € | +91.9% | -243,7 k € | -189% | -84,3 k € |
| Balance sheet | |||||||||
| Equity | 1 M € | +2.1% | 986,7 k € | +11.3% | 886,9 k € | -2.2% | 906,8 k € | -21.2% | 1,2 M € |
| Total assets | 2,9 M € | -1.0% | 2,9 M € | -3.3% | 3 M € | -8.6% | 3,3 M € | -12.8% | 3,8 M € |
| Cash | 67,1 k € | +67.6% | 40,1 k € | +56.7% | 25,6 k € | -61.7% | 66,8 k € | -62.8% | 179,7 k € |
| Debts | 1,9 M € | -2.5% | 1,9 M € | -9.4% | 2,1 M € | -11.0% | 2,4 M € | -9.1% | 2,6 M € |
| Other | |||||||||
| Workforce | 6,7 ETP | +9.8% | 6,1 ETP | -12.9% | 7,0 ETP | -26.3% | 9,5 ETP | +10.5% | 8,6 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Frank Verbauwhede | Directorsince 21/12/2012Managerended |
Financials
Full financial information
Source · NBB| 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 | 24/08/2026 | 10/09/2025 | 27/06/2024 | 31/08/2023 | 25/08/2022 | 16/09/2021 |
| General meeting | 28/07/2026 | 31/07/2025 | 01/06/2024 | 31/07/2023 | 29/07/2022 | 28/08/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 14 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 28/07/2026 | 24/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 31/07/2025 | 10/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 01/06/2024 | 27/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/07/2023 | 31/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 29/07/2022 | 25/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/08/2021 | 16/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 17/08/2020 | 15/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 01/06/2019 | 04/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 31/07/2018 | 29/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 12/08/2017 | 25/08/2017 | Dutch | |
| Abridged modelCorrection | 31/12/2015 | 02/07/2016 | 22/12/2016 | Dutch | |
| Abridged model | 31/12/2015 | 02/07/2016 | 22/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/08/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 07/06/2014 | 10/06/2014 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Frank Verbauwhede | Directorsince 21/12/2012Managerended |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings12 filings
Mandates
Frank Verbauwhede
201220132014201520162017201820192020202120222023202420252026
Safavieh European Logistic Center
Romestraat 3, 2321 Meer
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Romestraat 3, 2321 MeerCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00424326 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Safavieh European Logistic CenterCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00424326 |
Events
- 2025Annual accounts 202520,4 k €↓
- 2024Annual accounts 2024105,8 k €↑
- 2023Annual accounts 2023-19,8 k €↑
- 2022Annual accounts 2022-243,7 k €↓
- 2021Annual accounts 2021-84,3 k €↓
- 2019Annual accounts 2019129,5 k €↑
- 2018Annual accounts 201852,3 k €↑
- 2017Annual accounts 201736 k €↓
- 2016Annual accounts 201645,6 k €↓
- 2015Annual accounts 201549,8 k €↑
- 2014Annual accounts 201437,5 k €↓
- 2013Annual accounts 201342,6 k €
- 27/12/2012IncorporationPrivate company with limited liability