ACTIVE

B-SAFE

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Financial year 2025 · closed on 31/12/2025

Net result

98,6 k €

-58.8% YoY

Revenue

1,6 M €

-1.2% YoY

Equity

916,6 k €

+4.0% YoY

Workforce

6,3 ETP

-3.1% YoY

What does B-SAFE do?

B-SAFE is a Public limited company incorporated in 2003. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Antwerpen. It employs on average 6,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.982.688

Incorporation

10/10/2003

Legal form

Public limited company

Registered office

Koninklijkelaan 74
2600 Antwerpen · FlandreSee on map

Contributed capital

213 726,02 €

Latest accounts

31/12/2025

Average workforce

6,3 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 67201Agents et courtiers d'assurances

Joint committees (2)

307
3070

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	1,6 M €	-1.2%	1,6 M €	+3.4%	1,6 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	292,3 k €	-38.2%	473,3 k €	+56.0%	303,5 k €	+14.8%	264,3 k €	-15.3%	312 k €	+13.1%	276 k €	-21.5%	351,6 k €	-5.2%	371 k €	+323%	87,8 k €	-20.6%	110,5 k €	-43.6%	196 k €	-8.4%	214 k €	+80.9%	118,3 k €	+97.5%	59,9 k €	-52.5%	126,1 k €	-29.8%	179,6 k €	+8.3%	165,8 k €	+16.8%	142 k €
Operating result	148,4 k €	-55.6%	334,1 k €	+102%	165,5 k €	+779%	18,8 k €	-85.0%	125,7 k €	+152%	49,8 k €	-64.3%	139,5 k €	-22.0%	178,7 k €	+610%	25,2 k €	-53.2%	53,9 k €	-10.5%	60,2 k €	-8.7%	65,9 k €	+288%	-35,1 k €	+61.8%	-91,9 k €	-242%	-26,8 k €	-193%	28,7 k €	+53.0%	18,8 k €	-9.6%	20,8 k €
Net result	98,6 k €	-58.8%	239,2 k €	+64.2%	145,7 k €	+353%	32,2 k €	-71.7%	113,9 k €	+137%	48,1 k €	-48.0%	92,6 k €	-4.6%	97,1 k €	+703%	12,1 k €	-53.0%	25,7 k €	-18.8%	31,7 k €	-24.1%	41,7 k €	+349%	-16,8 k €	+77.3%	-74,1 k €	-37.7%	-53,8 k €	-570%	11,4 k €	+5.7%	10,8 k €	+383%	2,2 k €
Balance sheet
Equity	916,6 k €	+4.0%	881,7 k €	+24.5%	708 k €	+12.8%	627,9 k €	+5.4%	595,7 k €	-7.5%	644 k €	+8.1%	595,9 k €	+18.4%	503,3 k €	+23.9%	406,2 k €	+3.1%	394,2 k €	+7.0%	368,4 k €	+9.4%	336,8 k €	+14.1%	295,1 k €	-5.4%	311,8 k €	-19.2%	385,9 k €	-12.2%	439,7 k €	+2.7%	428,3 k €	+2.6%	417,5 k €
Total assets	1,6 M €	-14.6%	1,9 M €	+6.7%	1,8 M €	+18.4%	1,5 M €	+6.0%	1,4 M €	-2.6%	1,5 M €	-7.3%	1,6 M €	-6.1%	1,7 M €	+13.2%	1,5 M €	+58.4%	938 k €	-18.5%	1,2 M €	+30.4%	882,7 k €	-62.9%	2,4 M €	+12.7%	2,1 M €	+14.3%	1,8 M €	+12.5%	1,6 M €	-2.9%	1,7 M €	-2.7%	1,7 M €
Cash	493,4 k €	-23.3%	643 k €	+37.4%	468,1 k €	+131%	203 k €	-75.1%	814,7 k €	+350%	181,1 k €	-52.2%	378,9 k €	-16.3%	452,8 k €	+6.8%	423,9 k €	-26.5%	576,7 k €	-32.1%	849,7 k €	+194%	289,1 k €	-83.7%	1,8 M €	+16.1%	1,5 M €	+53.5%	996,9 k €	+18.6%	840,6 k €	+19.2%	705,1 k €	+88.2%	374,5 k €
Debts	683,2 k €	-30.4%	981,4 k €	-9.1%	1,1 M €	+24.9%	864,3 k €	+5.0%	823 k €	+0.5%	818,8 k €	-16.6%	982 k €	-16.6%	1,2 M €	+9.1%	1,1 M €	+139%	451,5 k €	-37.6%	724,1 k €	+32.6%	545,9 k €	-73.8%	2,1 M €	+16.0%	1,8 M €	+23.5%	1,5 M €	+21.7%	1,2 M €	-4.1%	1,2 M €	+9.2%	1,1 M €
Other
Workforce	6,3 ETP	-3.1%	6,5 ETP	-7.1%	7,0 ETP	+4.5%	6,7 ETP	-4.3%	7,0 ETP	-1.4%	7,1 ETP	-10.1%	7,9 ETP	+2.6%	7,7 ETP	+37.5%	5,6 ETP	-6.7%	6,0 ETP	+17.6%	5,1 ETP	+4.1%	4,9 ETP	-14.0%	5,7 ETP	-9.5%	6,3 ETP	+10.5%	5,7 ETP	+16.3%	4,9 ETP	+2.1%	4,8 ETP	-4.0%	5,0 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 31/12/2025 · 5 active · 21 ended

Active mandates

Jean -Yves Brion

Director · since 01 juin 2025 · until 14 juin 2029

Active

Pierre Hertoghe

Director · since 01 juin 2025 · until 14 juin 2029

Active

Carl D'Hooghe

Director · since 27 juin 2023 · until 11 juin 2029

Active

Julien Vincentelli

Director · since 27 juin 2023 · until 11 juin 2029

Active

François Vincentelli

Director · since 18 juin 2021 · until 14 juin 2027

Active

Ended mandates

Jean-Yves Brion

Director · since 01 juin 2025 · until 14 juin 2029

Ended

Bernard Gillain

Director · since 18 juin 2021 · until 14 juin 2027

Ended

Julien Vincentelli

Managing director · since 18 juin 2021 · until 14 juin 2027

Ended

Julien Vincentelli

Director · since 01 janvier 2018 · until 12 juin 2023

Ended

At this address

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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	08/07/2026	30/09/2025	29/08/2024	17/07/2023	16/12/2022	06/07/2021
General meeting	08/06/2026	24/09/2025	10/06/2024	26/06/2023	17/10/2022	18/06/2021
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
Abridged model	31/12/2025	08/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	24/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/10/2022	16/12/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	06/10/2020	13/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/08/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	22/08/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	29/08/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	08/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	10/08/2007	Dutch	PDF

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 31/12/2025 · 5 active · 21 ended

Active mandates

Jean -Yves Brion

Director · since 01 juin 2025 · until 14 juin 2029

Active

Pierre Hertoghe

Director · since 01 juin 2025 · until 14 juin 2029

Active

Carl D'Hooghe

Director · since 27 juin 2023 · until 11 juin 2029

Active

Julien Vincentelli

Director · since 27 juin 2023 · until 11 juin 2029

Active

François Vincentelli

Director · since 18 juin 2021 · until 14 juin 2027

Active

Ended mandates

Jean-Yves Brion

Director · since 01 juin 2025 · until 14 juin 2029

Ended

Bernard Gillain

Director · since 18 juin 2021 · until 14 juin 2027

Ended

Julien Vincentelli

Managing director · since 18 juin 2021 · until 14 juin 2027

Ended

Julien Vincentelli

Director · since 01 janvier 2018 · until 12 juin 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office21/05/2026
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other02/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/01/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/10/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/01/2018
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 202598,6 k €↓
2024
Annual accounts 2024239,2 k €↑
2023
Annual accounts 2023145,7 k €↑
2022
Annual accounts 202232,2 k €↓
2021
Annual accounts 2021113,9 k €↑
2018
Annual accounts 201848,1 k €↓
2017
Annual accounts 201792,6 k €↓
2016
Annual accounts 201697,1 k €↑
2015
Annual accounts 201512,1 k €↓
2014
Annual accounts 201425,7 k €↓
2013
Annual accounts 201331,7 k €↓
2012
Annual accounts 201241,7 k €↑
2011
Annual accounts 2011-16,8 k €↑
2010
Annual accounts 2010-74,1 k €↓
2009
Annual accounts 2009-53,8 k €↓
2008
Annual accounts 200811,4 k €↑
2007
Annual accounts 200710,8 k €↑
2006
Annual accounts 20062,2 k €
10/10/2003
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

B-SAFE

Overview

What does B-SAFE do?

Trend over 18 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