OPENING OF BANKRUPTCY

S.A.F.O

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result-3,9 k €-137,1 %over 1 year
Gross margin112,5 €-99,6 %over 1 year
Equity33 k €-10,5 %over 1 year

Identity

Source · BCE/KBO

S.A.F.O is a Private limited company incorporated in 2017. Its registered office is in Zaventem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0683.490.110
Incorporation
18/10/2017
Legal form
Private limited company
Registered office
Bosstraat 3
1930 Zaventem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Signals
Solid equityGood liquidityPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20242023202220212020
Income statement
Gross margin112,5 €29,2 k €27,1 k €-3,5 k €1,7 k €
EBITDA112,5 €29 k €20,4 k €-3,6 k €1,2 k €
Operating result-2,7 k €25,5 k €16,9 k €-5,6 k €1,2 k €
Net result-3,9 k €10,4 k €14,9 k €-5,8 k €3,1 k €
Balance sheet
Equity33 k €36,9 k €26,5 k €11,6 k €5 k €
Total assets63,8 k €68,3 k €31,3 k €41,9 k €5,6 k €
Cash0,4 €0,7 €0,8 €1,2 €0,3 €
Debts30,7 k €31,4 k €4,8 k €30,3 k €688,5 €

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Orhan MEHMED

Director

Active

Ended mandates

Orhan MEHMED

Director · since 18 octobre 2017

Ended
Orhan MEHMED

Manager

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202519/07/202506/02/202308/07/202231/08/202113/10/2020
General meeting02/05/202502/07/202526/01/202306/05/202207/05/202102/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202402/05/202531/07/2025DutchPDF
Micro model31/12/202302/07/202519/07/2025DutchPDF
Micro model31/12/202226/01/202306/02/2023DutchPDF
Micro model31/12/202106/05/202208/07/2022FrenchPDF
Micro model31/12/202007/05/202131/08/2021FrenchPDF
Micro model31/12/201902/05/202013/10/2020FrenchPDF
Micro model31/12/201803/05/201931/01/2020FrenchPDF

Indicative valuation

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.

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Disclaimer

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

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Orhan MEHMED

Director

Active

Ended mandates

Orhan MEHMED

Director · since 18 octobre 2017

Ended
Orhan MEHMED

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/12/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates20/12/2022
    SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other20/10/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-3,9 k €↓
  2. 2023
    Annual accounts 202310,4 k €↓
  3. 2023
    Name changeS.A.F.O
  4. 2022
    Annual accounts 202214,9 k €↑
  5. 2021
    Annual accounts 2021-5,8 k €↓
  6. 2021
    Name changeSAFO
  7. 2020
    Annual accounts 20203,1 k €↑
  8. 2019
    Annual accounts 2019520,2 €↑
  9. 2018
    Annual accounts 2018-4,9 k €
  10. 18/10/2017
    IncorporationPrivate limited company