ACTIVE

SAFA

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Financial year 2025 · closed on 31/12/2025

Net result

-116,1 k €

-989.4% YoY

Gross margin

532,6 k €

-11.0% YoY

Equity

-60,2 k €

-207.6% YoY

Workforce

13,1 ETP

-10.3% YoY

What does SAFA do?

SAFA is a Private limited company incorporated in 2006. Its registered office is in Sint-Truiden. It employs on average 13,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0883.083.743

Incorporation

17/08/2006

Legal form

Private limited company

Registered office

Naamsesteenweg 249
3800 Sint-Truiden · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

13,1 ETP

Joint committees (4)

2000
2000030200
302
3020

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	532,6 k €	-11.0%	598,1 k €	+16.5%	513,5 k €	-17.2%	620,1 k €	+3360%	-19 k €	-106%	337 k €	-60.4%	852 k €	+86.8%	456,1 k €	+28.6%	354,7 k €	-38.1%	572,9 k €	+32.4%	432,8 k €	+19.5%	362,1 k €	+144%	148,4 k €	-41.7%	254,6 k €	+5.5%	241,3 k €	-2.4%	247,3 k €	+64.1%	150,7 k €	-6.1%	160,5 k €	+155%	63,1 k €
EBITDA	-111 k €	-419%	34,8 k €	-8.8%	38,2 k €	-67.9%	119,1 k €	+424%	-36,8 k €	-3036%	1,3 k €	-93.4%	18,9 k €	-79.0%	90,1 k €	+184%	-107,1 k €	-293%	55,4 k €	-4.7%	58,1 k €	+23.4%	47,1 k €	+1981%	-2,5 k €	-103%	74,1 k €	+92.9%	38,4 k €	-13.7%	44,5 k €	+93.9%	22,9 k €	-42.8%	40,1 k €	+17.0%	34,3 k €
Operating result	-112,7 k €	-444%	32,8 k €	-9.3%	36,1 k €	-69.1%	117,1 k €	+417%	-36,9 k €	-3048%	1,3 k €	-90.9%	13,8 k €	-84.3%	87,8 k €	+180%	-109,4 k €	-347%	44,4 k €	-20.6%	55,8 k €	+24.6%	44,8 k €	+1043%	-4,8 k €	-107%	71,8 k €	+104%	35,2 k €	-18.5%	43,2 k €	+96.7%	22 k €	-44.3%	39,5 k €	+15.1%	34,3 k €
Net result	-116,1 k €	-989%	13,1 k €	-44.2%	23,4 k €	-79.9%	116,2 k €	+404%	-38,3 k €	-8097%	-466,6 €	+88.9%	-4,2 k €	-106%	75,1 k €	+157%	-132,3 k €	-1168%	12,4 k €	+577%	1,8 k €	+856%	-242 €	+99.5%	-53,2 k €	-394%	18,1 k €	+141%	7,5 k €	+91.4%	3,9 k €	+172%	-5,4 k €	+20.3%	-6,8 k €	+1.5%	-6,9 k €
Balance sheet
Equity	-60,2 k €	-208%	55,9 k €	+30.5%	42,9 k €	+120%	19,5 k €	+120%	-96,7 k €	-65.4%	-58,5 k €	-0.8%	-58 k €	-7.8%	-53,8 k €	+58.3%	-128,9 k €	-3852%	3,4 k €	+116%	-21,4 k €	+7.9%	-23,2 k €	-1.1%	-22,9 k €	-238%	16,6 k €	+1248%	-1,5 k €	+83.8%	-8,9 k €	+30.4%	-12,9 k €	-72.4%	-7,5 k €	-996%	-681 €
Total assets	98,6 k €	-61.9%	258,8 k €	-4.9%	272,2 k €	+34.4%	202,5 k €	-8.4%	221 k €	+156%	86,4 k €	-71.6%	303,8 k €	+46.4%	207,4 k €	-18.7%	255,1 k €	-21.1%	323,1 k €	-24.3%	426,6 k €	+39.0%	306,9 k €	+1.4%	302,7 k €	-25.2%	404,4 k €	-21.3%	513,8 k €	+99.1%	258 k €	+25.9%	205 k €	-21.0%	259,4 k €	+28.7%	201,5 k €
Cash	58,3 k €	-21.5%	74,3 k €	+37.2%	54,2 k €	-25.9%	73,1 k €	-49.5%	144,8 k €	+477%	25,1 k €	-23.7%	32,9 k €	-49.3%	64,9 k €	-11.7%	73,5 k €	+256%	20,7 k €	-63.9%	57,2 k €	-47.4%	108,8 k €	+3.0%	105,6 k €	-40.4%	177,3 k €	-46.1%	328,8 k €	+554%	50,3 k €	-36.1%	78,8 k €	-15.1%	92,8 k €	-4.8%	97,5 k €
Debts	158,8 k €	-18.2%	194,1 k €	-11.4%	219,1 k €	+19.7%	183,1 k €	-42.4%	317,8 k €	+119%	144,9 k €	-50.5%	292,8 k €	+73.8%	168,5 k €	-35.3%	260,3 k €	-18.0%	317,4 k €	-26.0%	428,7 k €	+30.8%	327,7 k €	+0.6%	325,6 k €	-12.3%	371,1 k €	-27.6%	512,9 k €	+96.3%	261,2 k €	+43.2%	182,4 k €	-28.5%	255,1 k €	+35.9%	187,6 k €
Other
Workforce	13,1 ETP	-10.3%	14,6 ETP	+16.8%	12,5 ETP	-5.3%	13,2 ETP	+1000%	1,2 ETP	-90.2%	12,2 ETP	-53.6%	26,3 ETP	+65.4%	15,9 ETP	+1.9%	15,6 ETP	-3.1%	16,1 ETP	-100.0%	368 387,0 ETP	+24.1%	296 947,0 ETP	+4242000%	7,0 ETP	-12.5%	8,0 ETP	+14.3%	7,0 ETP	0.0%	7,0 ETP	+40.0%	5,0 ETP	-16.7%	6,0 ETP	+500%	1,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

BRIM

Director · since 30 septembre 2023 · 0454.568.823

Represented by Noë Bruno

Active

Ended mandates

BRIM

Director · since 30 septembre 2023 · 0454.568.823

Represented by Noë BRUNO

Ended

Adem Kacmaz

Director · since 01 janvier 2023

Ended

BRIM

Manager · since 27 avril 2017 · 0454.568.823

Ended

Noë BRUNO

Manager · since 27 avril 2017

Ended

At this address

Other companies at this address

Company	CBE no.
Brenda Gerard● Bankrupt	0736.951.659
DaSha● Active	0696.881.553

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	29/06/2026	10/07/2025	23/09/2024	22/08/2023	31/08/2022	06/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	23/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	22/08/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	14/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/08/2015	26/02/2016	31/05/2016	Dutch	PDF
Abridged model	31/08/2014	27/02/2015	17/11/2015	Dutch	PDF
Abridged model	31/08/2013	28/02/2014	13/04/2016	Dutch	PDF
Abridged model	31/08/2012	22/02/2013	04/04/2013	Dutch	PDF
Abridged model	31/08/2011	22/02/2013	13/04/2016	Dutch	PDF
Abridged model	31/08/2010	25/02/2011	08/02/2012	Dutch	PDF
Abridged model	31/08/2009	26/02/2010	10/08/2010	Dutch	PDF
Abridged model	31/08/2008	26/02/2009	13/04/2010	Dutch	PDF
Abridged model	31/08/2007	29/02/2008	31/03/2008	Dutch	PDF

Estimate

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.

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 · 1 active · 15 ended

Active mandates

BRIM

Director · since 30 septembre 2023 · 0454.568.823

Represented by Noë Bruno

Active

Ended mandates

BRIM

Director · since 30 septembre 2023 · 0454.568.823

Represented by Noë BRUNO

Ended

Adem Kacmaz

Director · since 01 janvier 2023

Ended

BRIM

Manager · since 27 avril 2017 · 0454.568.823

Ended

Noë BRUNO

Manager · since 27 avril 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other09/07/2026
—
PDF
Mandates14/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/01/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/05/2017
MAATSCHAPPELIJKE ZETEL - 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 2025-116,1 k €↓
2024
Annual accounts 202413,1 k €↓
2023
Annual accounts 202323,4 k €↓
2022
Annual accounts 2022116,2 k €↑
2022
Name changeSafa
2021
Annual accounts 2021-38,3 k €↓
2020
Annual accounts 2020-466,6 €↑
2019
Annual accounts 2019-4,2 k €↓
2018
Annual accounts 201875,1 k €↑
2017
Annual accounts 2017-132,3 k €↓
2016
Annual accounts 201612,4 k €↑
2015
Annual accounts 20151,8 k €↑
2014
Annual accounts 2014-242 €↑
2013
Annual accounts 2013-53,2 k €↓
2012
Annual accounts 201218,1 k €↑
2011
Annual accounts 20117,5 k €↑
2010
Annual accounts 20103,9 k €↑
2010
Name changeSida
2009
Annual accounts 2009-5,4 k €↑
2008
Annual accounts 2008-6,8 k €↑
2007
Annual accounts 2007-6,9 k €
2007
Name changeSCOMA
17/08/2006
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

SAFA

Overview

What does SAFA do?

Trend over 19 financial years

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