ACTIVE

SAFOX

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Financial year 2025 · closed on 30/09/2025
Net result
116 k €
+293.2% YoY
Gross margin
503 k €
+24.0% YoY
Equity
272,5 k €
+0.0% YoY
Workforce
5,3 ETP
+23.3% YoY

What does SAFOX do?

SAFOX is a Private limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Hasselt. It employs on average 5,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0837.061.795
Incorporation
17/06/2011
Legal form
Private limited company
Registered office
Herkenrodesingel 4 box 1
3500 Hasselt · FlandreSee on map
Contributed capital
38 000,00 €
Latest accounts
30/09/2025
Average workforce
5,3 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities62020Computer consultancy activities62030Computer facilities management activities+3
Joint committees (2)
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin503 k €405,6 k €362,2 k €334,3 k €201,3 k €198,4 k €190,5 k €140,6 k €168,6 k €148,1 k €117,8 k €132,4 k €129,4 k €123,4 k €
EBITDA133,7 k €107,2 k €137,7 k €183,5 k €29,5 k €9,8 k €23 k €27,8 k €21,7 k €14,2 k €-2,6 k €23,5 k €17,6 k €16,2 k €
Operating result158,2 k €72,7 k €133,1 k €153,2 k €23 k €-4 k €12,9 k €14 k €9 k €7,9 k €-5,5 k €9,8 k €5,2 k €4,6 k €
Net result116 k €29,5 k €94,2 k €93,4 k €3,9 k €-5,5 k €5,2 k €7,6 k €6,3 k €3 k €-7,8 k €2,6 k €636 €1,6 k €
Balance sheet
Equity272,5 k €272,5 k €242,9 k €148,8 k €55,4 k €51,6 k €57,1 k €51,9 k €44,2 k €38 k €34,9 k €42,8 k €40,2 k €9,6 k €
Total assets1,1 M €1,1 M €880,4 k €638,2 k €342,3 k €172,6 k €163,4 k €162,8 k €193,1 k €154,4 k €140,8 k €116,8 k €126,2 k €55,4 k €
Cash139,3 k €62,8 k €101,8 k €145,6 k €59,4 k €8,9 k €2,5 k €26,8 k €29,9 k €31,1 k €978 €5,7 k €20,4 k €13,7 k €
Debts575,4 k €423,9 k €489,7 k €385,8 k €170,5 k €121 k €106,3 k €82,4 k €148,8 k €72,3 k €64,1 k €43,4 k €47,6 k €45,9 k €
Other
Workforce5,3 ETP4,3 ETP3,8 ETP2,4 ETP2,5 ETP––––2,9 ETP3,0 ETP2,7 ETP2,3 ETP2,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 9 ended

Active mandates

Appius

Director · since 23 décembre 2024 · 1017.872.468

Represented by Vanwelkenhuyzen Lander

Active
Harm Vanwelkenhuyzen

Director · since 03 février 2021

Active

Ended mandates

Lander Vanwelkenhuyzen

Director · since 03 février 2021 · until 23 décembre 2024

Ended
Harm Vanwelkenhuyzen

Director · since 26 janvier 2021

Ended
Lander Vanwelkenhuyzen

Director · since 26 janvier 2021

Ended
Frederik Winters

Director · since 17 juin 2011

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/09/202001/09/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202131/08/2020
Length of the financial year12 months12 months12 months12 months13 months12 months
Filing date30/04/202629/04/202504/03/202424/03/202329/04/202224/02/2021
General meeting31/03/202631/03/202502/02/202403/02/202304/02/202202/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202630/04/2026DutchPDF
Abridged model30/09/202431/03/202529/04/2025DutchPDF
Abridged model30/09/202302/02/202404/03/2024DutchPDF
Abridged model30/09/202203/02/202324/03/2023DutchPDF
Abridged model30/09/202104/02/202229/04/2022DutchPDF
Micro model31/08/202002/01/202124/02/2021DutchPDF
Micro model31/08/201928/02/202017/03/2020DutchPDF
Micro model31/08/201826/02/201928/02/2019DutchPDF
Micro model31/08/201726/02/201827/02/2018DutchPDF
Abridged model31/08/201628/02/201701/03/2017DutchPDF
Abridged model31/08/201522/01/201610/02/2016DutchPDF
Abridged model31/08/201420/02/201527/02/2015DutchPDF
Abridged model31/08/201322/02/201421/03/2014DutchPDF
Abridged model31/08/201228/02/201320/03/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 30/09/2025 · 2 active · 9 ended

Active mandates

Appius

Director · since 23 décembre 2024 · 1017.872.468

Represented by Vanwelkenhuyzen Lander

Active
Harm Vanwelkenhuyzen

Director · since 03 février 2021

Active

Ended mandates

Lander Vanwelkenhuyzen

Director · since 03 février 2021 · until 23 décembre 2024

Ended
Harm Vanwelkenhuyzen

Director · since 26 janvier 2021

Ended
Lander Vanwelkenhuyzen

Director · since 26 janvier 2021

Ended
Frederik Winters

Director · since 17 juin 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2021
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office22/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office23/10/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/06/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025116 k €↑
  2. 2024
    Annual accounts 202429,5 k €↓
  3. 2023
    Annual accounts 202394,2 k €↑
  4. 2022
    Annual accounts 202293,4 k €↑
  5. 2021
    Annual accounts 20213,9 k €↑
  6. 2020
    Annual accounts 2020-5,5 k €↓
  7. 2019
    Annual accounts 20195,2 k €↓
  8. 2018
    Annual accounts 20187,6 k €↑
  9. 2017
    Annual accounts 20176,3 k €↑
  10. 2016
    Annual accounts 20163 k €↑
  11. 2015
    Annual accounts 2015-7,8 k €↓
  12. 2014
    Annual accounts 20142,6 k €↑
  13. 2013
    Annual accounts 2013636 €↓
  14. 2012
    Annual accounts 20121,6 k €
  15. 17/06/2011
    IncorporationPrivate limited company