Company performance

Our numbers speak volumes about how far we've come in helping businesses make better decisions.

Creditsafe Group performance at a glance

We are one of the fastest growing companies in our industry realising double-digit growth year-over-year.

At Creditsafe, we continuously strive to deliver the best possible service to our customers and to be wherever they do business. 2024 has been another year of progress, where we have continued to invest in innovation, expand our global data coverage, and strengthen the value we deliver to businesses worldwide.

The global economic landscape remains dynamic, shaped by geopolitical tensions, shifting trade policies, and evolving regulatory environments. Despite these challenges, demand for trusted business intelligence and credit data continues to grow. Creditsafe has remained focused on supporting customers with the insights they need to make faster, more informed decisions.

In 2024, Creditsafe's revenue increased by 12% (2023: 6% ) to € 289 million (2023: € 257 million).

Besides driving revenue growth, Creditsafe is very actively managing its cost to income ratio and continues to strive to make the operations more efficient. The operating result increased by 22% (2023: 22%) to € 72 million in 2024. 

Creditsafe continues to have a solid balance sheet position with a high equity ratio and negative net debt. 

Key figures Creditsafe Group

Over the past three years (consolidated)

Amounts in EUR millions

*Net debt, calculated as total liabilities (excluding deferred income liability) less current assets. This represents the required or (surplus) funds at group's disposal.

*From 21 December 2021 the Creditsafe group is headed by Creditsafe Group SA. Previously the Creditsafe group was headed by Safe Information Group NV.

The Total  Assets of Creditsafe Group SA in 2022 are significantly higher than the Total Assets of Safe Information Group NV in 2021 due to the goodwill established on the purchase of Creditsafe UK Holding Limited. The amortisation on goodwill is a non-cash non-operational item and the reason for the larger difference between Operating Result and Net Profit in Creditsafe Group SA from 2022 onwards. 

Business Outlook

Business Outlook

We continuously strive to exceed customer expectations by providing trusted business insight solutions, while keeping a strong focus on revenue, profit, and growth KPIs. 

Creditsafe has a strong track record with double-digit annual growth over the past years and is confident that this performance will be maintained in the near future, turning more gradual in the more distant future.

Annual Report

Ultimate Holding Company

Borasco S.à r.l. is the Creditsafe Group’s ultimate holding company, organising the strategic management and financing of the Creditsafe Group.

The Annual Report is a complete overview of the performance of Borasco S.à r.l. in a year. It includes performance and strategy, full-year accounts and additional financial information. Please get in touch with us at [email protected] for accessing their annual report.

Creditsafe Nederland B.V.

Following Creditsafe Nederland B.V.’s acquisition of Graydon Holding N.V. in 2022 we are pleased to provide you details of the business, ownership, performance and annual reports. 

  1. Company Profile

Creditsafe Nederland B.V. is a private limited liability company incorporated and registered under the laws of the Netherlands with the corporate seat in the Hague and registered address Jan Pietersz. Coenstraat 10, 2595 WP, 's-Gravenhage, The Netherlands.  

The activities of Creditsafe Nederland B.V. consist mainly of providing online business information and credit reports and performing all acts related to the mentioned services. The company is a direct 100% subsidiary of Safe Information Group N.V. and an indirect 100% subsidiary of Creditsafe Group SA.

Creditsafe Group SA is 70.95% held by Borasco Holding S.à r.l., a company established and existing under the laws of Luxembourg.

  1. Annual Report

The Annual Report is a complete overview of the performance of Creditsafe Nederland B.V. in a year. It includes performance and strategy, full-year accounts and additional financial information. 

For the year 2024 the net revenue of Creditsafe Nederland B.V. amounts to EUR 31.4 million up from EUR 15.2 million in 2023 driven by the migration of Graydon customers and contracts. The net result amounts to EUR 1.0 million in 2024 (2023: EUR 0.2 million). The equity of Creditsafe Nederland B.V. amounts to EUR 1.0 million as of 31 December 2024 (2023: EUR 0.02 million).

We expect that the cash flow and equity of Creditsafe Nederland B.V. will continue to develop positively in the next financial years.

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