About Safwan
Safwan is a public limited company (NV/SA) based in Morlanwelz, founded in 2005. Its main activity is classified as "Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)". For the 2025 financial year, Safwan reported a loss of €310,736. That makes 5 loss-making financial years in a row for Safwan. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €373,269, down 28% on 2024. It employed an average of 13.5 full-time equivalents. Equity is negative (-€106,768): liabilities exceed assets. In 2006 it was €79,663. 20 annual accounts are available, covering 2006 to 2025.
- Signals
-
Negative equityNegative equity € -107K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -311KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.85The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -248KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -232KEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 14.9%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
373K
|
€
520K
|
€
395K
|
|
|
|
€
-232K
|
€
-126K
|
€
-158K
|
€
-118K
|
|
|
€
-311K
|
€
-212K
|
€
-357K
|
€
-234K
|
|
|
€
-107K
|
€
204K
|
€
416K
|
€
-3.13M
|
|
|
-4.90%
|
9.65%
|
19.48%
|
-149.55%
|
|
|
€
2.29M
|
€
1.91M
|
€
1.72M
|
€
5.22M
|
|
|
€
35K
|
€
40K
|
€
81K
|
€
57K
|
|
|
13.50
|
12.50
|
12.30
|
12.30
|
Publications 23
All publications- Statuts (Traduction, Coordination, Autres Modifications, ) - Capital, Actions 01/02/2024
- Demissions, Nominations 12/10/2023
- Statuts (Traduction, Coordination, Autres Modifications, ) - Demissions, Nominations 20/01/2022
- Demissions, Nominations 19/10/2020
- Siege Social 16/01/2019
Frequently asked questions
Answers to the most common questions about Safwan, based on official government data and the filed annual accounts.
What is the VAT number of Safwan?
The VAT number of Safwan is BE0873.834.297.
How many employees work at Safwan?
In 2025, Safwan employed 13.50 full-time equivalents (FTE).
When was Safwan established?
Safwan was founded in 17-05-2005.
What is the official address of Safwan?
The official address of Safwan is Rue Pont Du Nil(Mlz) 19 Morlanwelz 7140.
What is the legal form of Safwan?
The juridical form of Safwan is Public limited company (NV/SA).
What is the annual revenue of Safwan?
The 2025 accounts of Safwan do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Safwan a reliable company?
Safwan is a registered Rechtspersoon with company number 0873.834.297 and can be verified through the official CBE database.
What is the credit limit of Safwan?
The estimated credit limit of Safwan is €0.
Is Safwan still active?
Safwan currently has the status "Normal situation" and is active.