SF - CONSTRUCT
ActiveSummary
SF - CONSTRUCT has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.0m and a net result of €178,939. Equity is growing by about 7.6% per year across the filed financial years. Its solvency ranks better than 72% of 1,026 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
General construction of residential buildings
NACE 41001
Largest company by total assets in Diest, Construction sector1 site
Size
€13.9mturnover 2025
- Staff
- 16.7 FTE
- Equity
- €6.0m
- Profit
- €178,939
Structure
- Parent
- PATRISO HOLDING · 99.99%
- Ferny Raymond HenriChair
- Sooghen Freddy ProsperDirector
Auditor: PKF Bofidi Audit2025 accounts on time3 of 18 deeds summarised
Why 88raises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 2.18, cash €463,957lowers riskFounded in 1989Equity €6.0m (54.0% of total assets)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 41, small)
Financial strength · tick = 2024
Average
Solvency
79+16
equity 54.0% of total assets
Liquidity
34+9
short-term debt 44.1% · cash 4.2%
Profitability
46-7
return on assets 1.6%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.6%▲ +0.4 percentage points vs 06-2025highest value
08-2025: 0.6%● unchanged vs 07-2025highest value
09-2025: 0.6%● unchanged vs 08-2025highest value
10-2025: 0.6%● unchanged vs 09-2025highest value
11-2025: 0.6%● unchanged vs 10-2025highest value
12-2025: 0.6%● unchanged vs 11-2025highest value
01-2026: 0.6%● unchanged vs 12-2025highest value
02-2026: 0.5%▼ -0.1 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%▼ -0.4 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.18, compared with 1.61 in 2024, above the usual 1.5; short-term debt: 44.1% and cash: 4.2% of total assets), and 46% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small): better than 75% on solvency, 37% on liquidity, 36% on profitability and 83% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
37 days early
2023
29 days late
2022
31 days late
2021
29 days late
2020
24 days early
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Appointment: PKF Bofidi Audit BV (statutory…Permanent representative: Frank Bloemen
- Resignations: Sooghen Freddy Prosper (director) and…Reappointments: Sooghen Freddy Prosper (director)…
Financials · financial year 2025, full format
In the rankings
#1 company by total assets in Diest, Construction sector#1 company by equity in Diest, Construction sector
Turnover
€13.9m▲ 22.9%
2024 · €11.3m
EBIT margin
2.8%▼ 3.0pp
2024 · 5.8%
Net result
€178,939▼ 47.6%
2024 · €341,560
Working capital
€5.8m▲ 32.1%
2024 · €4.4m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 40% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€13.9m
2025
Operating result€0.4m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€11.2m
2025
Equity€6.0m
2025
Debt€5.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€5.8m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin2.8%
2025
Return on assets (ROA)1.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency54.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.18
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)16.7
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€9.1m-€10.9m▲ 20.6%€9.0m▼ 17.4%€7.9m▼ 12.9%€10.1m▲ 28.9%€9.7m▼ 4.1%€11.3m▲ 16.3%€13.9m▲ 22.9%
Operating result€0.7m-€0.4m▼ 34.5%€0.7m▲ 66.3%€0.3m▼ 61.3%€0.1m▼ 58.1%€0.4m▲ 257%€0.7m▲ 55.4%€0.4m▼ 40.1%
Net result€0.5m-€0.3m▼ 42.4%€0.5mabove the sector's middle half▲ 87.2%€0.2mabove the sector's middle half▼ 53.7%€0.2mwithin the sector's middle half▼ 29.0%€0.3mabove the sector's middle half▲ 66.3%€0.3mabove the sector's middle half▲ 27.8%€0.2mwithin the sector's middle half▼ 47.6%
EBIT margin7.4%-4.0%▼ 3.4pp8.1%▲ 4.1pp3.6%▼ 4.5pp1.2%▼ 2.4pp4.3%▲ 3.2pp5.8%▲ 1.5pp2.8%▼ 3.0pp
Equity€2.8m-€3.1m▲ 9.2%€3.6mabove the sector's middle half▲ 15.8%€3.8mabove the sector's middle half▲ 6.3%€4.0mabove the sector's middle half▲ 4.2%€4.2mabove the sector's middle half▲ 6.7%€4.6mabove the sector's middle half▲ 8.0%€6.0mabove the sector's middle half▲ 31.4%
Total assets€5.3m-€5.8m▲ 11.0%€5.7mabove the sector's middle half▼ 2.4%€5.9mabove the sector's middle half▲ 3.7%€6.2mabove the sector's middle half▲ 4.5%€10.0mabove the sector's middle half▲ 61.1%€12.1mabove the sector's middle half▲ 21.1%€11.2mabove the sector's middle half▼ 7.5%
Debt€2.4m-€2.7m▲ 13.2%€2.1m▼ 23.0%€2.1m▼ 0.6%€2.2m▲ 5.1%€5.7m▲ 159%€7.5m▲ 30.8%€5.1m▼ 31.3%
Working capital€2.5m-€2.9m▲ 12.3%€3.4mabove the sector's middle half▲ 20.1%€3.7mabove the sector's middle half▲ 6.7%€3.8mabove the sector's middle half▲ 3.7%€4.1mabove the sector's middle half▲ 6.6%€4.4mabove the sector's middle half▲ 8.2%€5.8mabove the sector's middle half▲ 32.1%
Solvency54.0%-53.1%▼ 0.9pp63.0%above the sector's middle half▲ 9.9pp64.5%above the sector's middle half▲ 1.6pp64.3%above the sector's middle half▼ 0.2pp42.6%within the sector's middle half▼ 21.7pp38.0%within the sector's middle half▼ 4.6pp54.0%within the sector's middle half▲ 16.0pp
Current ratio2.08-2.07▼ 0.012.68above the sector's middle half▲ 0.612.86above the sector's middle half▲ 0.172.80above the sector's middle half▼ 0.061.74within the sector's middle half▼ 1.061.61within the sector's middle half▼ 0.132.18within the sector's middle half▲ 0.57
Return on assets (ROA)8.6%-4.5%▼ 4.1pp8.6%within the sector's middle half▲ 4.1pp3.8%within the sector's middle half▼ 4.7pp2.6%within the sector's middle half▼ 1.2pp2.7%within the sector's middle half▲ 0.1pp2.8%within the sector's middle half▲ 0.1pp1.6%within the sector's middle half▼ 1.2pp
Staff (FTE)24.5-25.6▲ 4.5%26.7within the sector's middle half▲ 4.3%25.9within the sector's middle half▼ 3.0%25.1within the sector's middle half▼ 3.1%14.5within the sector's middle half▼ 42.2%15.1within the sector's middle half▲ 4.1%16.7within the sector's middle half▲ 10.6%
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.2m
Fixed assets
€448,553 ▼ 11.9%
Current assets
€10.7m ▼ 7.3%
Equity and liabilities €11.2m
Equity
€6.0m ▲ 31.4%
Debt
€5.1m ▼ 31.3%
Debt's share of the balance-sheet total falls from 62.0% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€510,874▼
2024 · €772,239
Cash flow
€296,169▼
2024 · €456,961
Quick ratio
0.16▲
2024 · 0.11
Debt to equity
0.85▼
2024 · 1.63
ROE
3.0%▼
2024 · 7.4%
Interest coverage
3.67▼
2024 · 4.04
Debt ≤ 1 year
€4.9m▼
2024 · €7.2m
Debt > 1 year
€187,700▼
2024 · €267,591
Income taxes
€79,069▼
2024 · €119,371
Staff costs
€989,197▲
2024 · €955,088
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96.1%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €9.8m | €10.5m | €12.4m | €14.9m | €13.2m | ▼ 11.1% |
| Turnover70 | €9.1m | €10.9m | €9.0m | €7.9m | €10.1m | €9.7m | €11.3m | €13.9m | ▲ 22.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €1.9m | €0.4m | €2.5m | €3.5m | -€0.8m | - |
| Other operating income74 | - | - | - | €0.04m | €0.04m | €0.1m | €0.05m | €0.1m | ▲ 154% |
| Operating charges60/66A | - | - | - | €9.5m | €10.4m | €11.9m | €14.2m | €12.8m | ▼ 9.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €6.6m | €7.5m | €9.2m | €11.2m | €9.8m | ▼ 12.3% |
| Purchases600/8 | - | - | - | €6.6m | €7.5m | €9.2m | €11.2m | €9.8m | ▼ 12.2% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.003m | -€0.003m | €0.05m | €0.03m | €0.005m | ▼ 81.6% |
| Services and other goods61 | - | - | - | €1.3m | €1.5m | €1.5m | €1.9m | €1.9m | ▼ 2.4% |
| Remuneration, social security and pensions62 | - | - | - | €1.5m | €1.3m | €0.9m | €1.0m | €1.0m | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.09m | €0.05m | €0.04m | €0.06m | €0.07m | €0.1m | €0.1m | ▲ 1.6% |
| Other operating charges640/8 | - | - | - | €0.05m | €0.02m | €0.09m | €0.04m | €0.05m | ▲ 13.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.05m | €0 | - | - |
| Operating profit (loss)9901 | €0.7m | €0.4m | €0.7m | €0.3m | €0.1m | €0.4m | €0.7m | €0.4m | ▼ 40.1% |
| Financial income75/76B | - | - | - | €0.01m | €0.1m | €0.002m | €0.002m | €0.01m | ▲ 462% |
| Recurring financial income75 | €0.02m | €0.003m | €0.01m | €0.01m | €0.1m | €0.002m | €0.002m | €0.01m | ▲ 462% |
| Income from financial fixed assets750 | - | - | - | €0.01m | €0.006m | €96 | €0.002m | €0 | ▼ 100% |
| Income from current assets751 | - | - | - | - | - | €0.001m | €0 | €0.001m | - |
| Other financial income752/9 | - | - | - | €0.001m | €0.1m | €103 | €0 | €0.01m | ▲ 445,277× |
| Financial charges65/66B | - | - | - | €0.01m | €0.008m | €0.06m | €0.2m | €0.1m | ▼ 24.6% |
| Recurring financial charges65 | €0.07m | €0.04m | €0.04m | €0.01m | €0.008m | €0.06m | €0.2m | €0.1m | ▼ 24.6% |
| Debt charges650 | €0.003m | €0.008m | €0.006m | €0.009m | €0.006m | €0.05m | €0.2m | €0.1m | ▼ 27.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | - | €0 | - | - | - |
| Other financial charges652/9 | - | - | - | €0.005m | €0.002m | €0.01m | €0.007m | €0.01m | ▲ 45.2% |
| Profit (loss) for the period before taxes9903 | €0.6m | €0.4m | €0.7m | €0.3m | €0.2m | €0.4m | €0.5m | €0.3m | ▼ 44.0% |
| Income taxes67/77 | €0.2m | €0.1m | €0.2m | €0.06m | €0.06m | €0.1m | €0.1m | €0.08m | ▼ 33.8% |
| Taxes670/3 | - | - | - | €0.1m | €0.06m | €0.1m | €0.1m | €0.08m | ▼ 33.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.04m | - | €0 | €0 | - | - |
| Profit (loss) for the period9904 | €0.5m | €0.3m | €0.5m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 47.6% |
| Profit (loss) for the period to be appropriated9905 | €0.5m | €0.3m | €0.7m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 47.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.3m | €5.8m | €5.7m | €5.9m | €6.2m | €10.0m | €12.1m | €11.2m | ▼ 7.5% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | €0.4m | ▼ 11.9% |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | €0.4m | ▼ 14.4% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.04m | €0.09m | €0.1m | €0.1m | ▲ 6.3% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 31.0% |
| Leasing and similar rights25 | - | - | - | €0.01m | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €0.03m | - |
| Financial fixed assets28 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.09m | €0.09m | €0.09m | = |
| Other financial fixed assets284/8 | - | - | - | €0.07m | €0.07m | €0.09m | €0.09m | €0.09m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.07m | €0.07m | €0.09m | €0.09m | €0.09m | = |
| Current assets29/58 | €4.9m | €5.5m | €5.5m | €5.6m | €5.9m | €9.5m | €11.6m | €10.7m | ▼ 7.3% |
| Stocks and contracts in progress3 | €0.1m | €0.08m | €0.1m | €4.4m | €4.8m | €7.3m | €10.7m | €9.9m | ▼ 7.8% |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | €0.06m | €0.03m | €0.03m | ▼ 15.7% |
| Raw materials and consumables30/31 | - | - | - | €0.1m | €0.1m | €0.05m | €0.02m | €0.02m | ▼ 20.4% |
| Property held for sale35 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Contracts in progress37 | - | - | - | €4.3m | €4.7m | €7.2m | €10.7m | €9.9m | ▼ 7.7% |
| Amounts receivable within one year40/41 | €0.6m | €0.7m | €2.2m | €0.7m | €0.8m | €0.4m | €0.3m | €0.3m | ▲ 20.1% |
| Trade receivables40 | - | - | - | €0.04m | €0.06m | €0.004m | €0.01m | €0.006m | ▼ 55.2% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.7m | €0.4m | €0.3m | €0.3m | ▲ 23.9% |
| Cash at bank and in hand54/58 | €0.5m | €2.0m | €0.7m | €0.6m | €0.3m | €1.8m | €0.5m | €0.5m | ▼ 11.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.002m | €0.005m | €0.005m | €0.002m | ▼ 69.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.3m | €5.8m | €5.7m | €5.9m | €6.2m | €10.0m | €12.1m | €11.2m | ▼ 7.5% |
| Equity10/15 | €2.8m | €3.1m | €3.6m | €3.8m | €4.0m | €4.2m | €4.6m | €6.0m | ▲ 31.4% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €3.5m | ▲ 14× |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €3.5m | ▲ 14× |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €3.5m | ▲ 14× |
| Reserves13 | €0.3m | €0.3m | €0.2m | €0.03m | €0.03m | €0.03m | €0.03m | €2.5m | ▲ 101× |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.4m | ▲ 14× |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.4m | ▲ 14× |
| Distributable reserves133 | - | - | - | - | - | - | - | €2.2m | - |
| Profit (loss) carried forward14 | €2.3m | €2.6m | €3.1m | €3.5m | €3.7m | €4.0m | €4.3m | €0 | ▼ 100% |
| Amounts payable17/49 | €2.4m | €2.7m | €2.1m | €2.1m | €2.2m | €5.7m | €7.5m | €5.1m | ▼ 31.3% |
| Amounts payable after more than one year17 | €0.03m | €0.03m | €0.04m | €0.09m | €0.06m | €0.2m | €0.3m | €0.2m | ▼ 29.9% |
| Financial debts170/4 | - | - | - | €0.09m | €0.06m | €0.2m | €0.3m | €0.2m | ▼ 29.9% |
| Leasing and similar obligations172 | - | - | - | €0.006m | - | - | - | - | - |
| Credit institutions173 | - | - | - | €0.09m | €0.06m | €0.2m | €0.3m | €0.2m | ▼ 29.9% |
| Amounts payable within one year42/48 | €2.4m | €2.7m | €2.0m | €2.0m | €2.1m | €5.5m | €7.2m | €4.9m | ▼ 31.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.03m | €0.06m | €0.1m | €0.1m | ▲ 8.0% |
| Financial debts43 | - | - | - | €0.2m | €0.3m | €1.6m | €3.4m | €0.9m | ▼ 74.2% |
| Credit institutions430/8 | - | - | - | - | €0.2m | €1.5m | €3.4m | €0.9m | ▼ 74.2% |
| Other loans439 | - | - | - | €0.2m | €0.2m | €0.1m | €0 | - | - |
| Trade debts44 | €1.0m | €1.9m | €1.1m | €1.5m | €1.3m | €0.9m | €1.0m | €0.8m | ▼ 20.3% |
| Suppliers440/4 | - | - | - | €1.5m | €1.3m | €0.9m | €1.0m | €0.8m | ▼ 20.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | €0.9m | ▲ 183% |
| Taxes450/3 | - | - | - | €0.05m | €0.02m | €0.2m | €0.2m | €0.7m | ▲ 284% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.1m | €0.08m | €0.1m | €0.1m | ▲ 5.8% |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.3m | €2.6m | €2.3m | €2.3m | ▼ 3.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 25.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.5m | €0.3m | €0.5m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 47.6% |
| + Depreciation and write-downs630 | €0.2m | €0.09m | €0.05m | €0.04m | €0.06m | €0.07m | €0.1m | €0.1m | ▲ 1.6% |
| Operating cash flow (approximation) | €0.6m | €0.3m | €0.5m | €0.3m | €0.2m | €0.3m | €0.5m | €0.3m | ▼ 35.2% |
| Investment in fixed assets (approximation) | - | -€0.05m | €0.04m | -€0.09m | -€0.06m | -€0.3m | -€0.2m | -€0.06m | ▲ 68.6% |
| Change in cash | - | €1.5m | -€1.3m | -€0.1m | -€0.2m | €1.5m | -€1.3m | -€0.06m | ▲ 95.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00366677 |
| 31-12-2024 | full format | 24-06-2025 | 2025-00171595 |
| 31-12-2023 | full format | 29-08-2024 | 2024-00399024 |
| 31-12-2022 | full format | 31-08-2023 | 2023-00395340 |
| 31-12-2021 | full format | 29-08-2022 | 2022-20347968 |
| 31-12-2020 | full format | 07-07-2021 | 2021-33100143 |
| 31-12-2019 | full format | 27-08-2020 | 2020-46000199 |
| 31-12-2018 | full format | 14-08-2019 | 2019-46000364 |
| 31-12-2017 | full format | 16-07-2018 | 2018-32700059 |
| 31-03-2016 | full format | 09-09-2016 | 2016-59300393 |
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Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,301. 1,635 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €3,650 awarded · €3,650 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €924 | €924 |
| 2023 | 1 | €1,506 | €1,506 |
| 2022 | 1 | €1,220 | €1,220 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, 1 in day-to-day management, last change in 2026
Board 2
Ferny Raymond Henri
CurrentChair · since 07-01-2026 · Director (not named in the articles)
Sooghen Freddy Prosper
CurrentDirector (not named in the articles)
Day-to-day management 1
Ferny Raymond Henri
CurrentAfgevaardigd/gedelegeerd bestuurder · since 07-01-2026
Statutory auditor 1
PKF Bofidi Audit
CurrentStatutory auditor · since 25-08-2023 · permanent representative: Frank Bloemen
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
15 of this company's 18 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2023, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Ferny Raymond Henri |
|
| Sooghen Freddy Prosper |
|
| PKF Bofidi Audit |
|
Owners and capital
Owners
1 ownerChain of control
- PATRISO HOLDING
- SF - CONSTRUCT
Highest known parent: PATRISO HOLDING. The sources do not say who stands above it.
Owners 1
- PATRISO HOLDINGparent99.99%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
After the capital increase
act of 07-01-2026 ↗
- Patriso Holding €3,260,000 · “opeisbare schuldvordering onder vorm van lening ten aanzien van NV SF-Construct”
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 07-01-2026 Capital increase of €3,260,000 · to €3,510,000 · 121,272 new shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
financial year 2025 · full format
06-05
Gazette deed
Appointment: PKF Bofidi Audit BV (statutory auditor)Permanent representative: Frank Bloemen3 facts ▸
Gazette deed
Appointment: PKF Bofidi Audit BV (statutory auditor)
Permanent representative: Frank Bloemen3 facts ▸
- General meeting, 03-12-2025
- Auditor appointment, PKF Bofidi Audit BV (statutory auditor)
- Permanent representative, Frank Bloemen
07-01
Gazette deed
Resignations: Sooghen Freddy Prosper (director) and Ferny Raymond Henri (director)Reappointments: Sooghen Freddy Prosper (director) and Ferny Raymond Henri (director) · Appointment: Ferny Raymond Henri (chair) · Amendment of the articles22 facts ▸
Gazette deed
Resignations: Sooghen Freddy Prosper (director) and Ferny Raymond Henri (director)
Reappointments: Sooghen Freddy Prosper (director) and Ferny Raymond Henri (director) · Appointment: Ferny Raymond Henri (chair) · Amendment of the articles22 facts ▸
- General meeting, 19-12-2025
- Amendment of the articles (2 times)
- Other provision, 10-12-2025
- Auditor report, “commissaris, Herent” (deed in Dutch)
- Other provision, “verslag raad van bestuur over belang van inbreng en verslag commissaris met beschrijving, waarderingsmethode en vergoeding, ontheffing van voorlezing” (deed in Dutch)
- Other provision, “ontvangst verslagen door aandeelhouders” (deed in Dutch)
- Other provision, “uitgifte van proces-verbaal, griffie van de rechtbank van koophandel” (deed in Dutch)
- Capital increase, €3,260,000
- Capital contribution, €3,260,000
- Share issue, “zonder nominale waarde”, 121272 (deed in Dutch)
- Capital contribution
- Capital, €3,510,000
- +10 further facts in this act
2025
31-12
Financial
Equity above €5mequity €6.0m ▲31.4%
A profit in every financial year since 2018 builds equity to €6.0m.
24-06
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
29-08
NBB filing
Annual accounts filed
financial year 2023 · full format · 29 days late
2023
31-08
NBB filing
Annual accounts filed
financial year 2022 · full format · 31 days late
25-08
Gazette deed
Appointment: PKF Bofidi Audit BV (statutory auditor)Permanent representative: Frank Bloemen3 facts ▸
Gazette deed
Appointment: PKF Bofidi Audit BV (statutory auditor)
Permanent representative: Frank Bloemen3 facts ▸
- General meeting, 31-05-2023
- Auditor appointment, PKF Bofidi Audit BV (statutory auditor)
- Permanent representative, Frank Bloemen
2022
31-12
Financial
Weakest financial yearnet €160,671 ▼29%
Net result drops to €160,671, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
financial year 2021 · full format · 29 days late
2021
07-07
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial
Highest result from 2018 to 2025net €488,998 ▲87.2%
Operating result €728,714, net result €488,998, both a record.
Show earlier events
27-08
NBB filing
Annual accounts filed
financial year 2019 · full format · 27 days late
2019
14-08
NBB filing
Annual accounts filed
financial year 2018 · full format · 14 days late
2018
16-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2016
09-09
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
3 of 18 deeds read
About the unread acts
Of the 18 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded15-03-1989
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437066756
Also
9925:BE0437066756
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0437.066.756
Recognitions · licences · registrations
Recognised contractor
10 categoriesSF - CONSTRUCT NVapproval no. 20840
- D General building contractsclass 5, up to €2,172,000
- D1 All shell construction and roofing-in of buildingsclass 5, up to €2,172,000
- D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
- D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
- D10 Tilingclass 1, up to €162,000
- D11 Plastering and renderingclass 1, up to €162,000
- D14 Glazingclass 1, up to €162,000
- E General civil engineering contractsclass 2, up to €330,000
Show all 10 categories
- G General earthworks contractsclass 2, up to €330,000
- G5 Demolitionclass 1, up to €162,000
Environmental permits
115 applications in Flanders since 2018 · 76 granted · 7 refused · 6 under review · 3 under appeal
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen
Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen
Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen
Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Bouwen of herbouwen
Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies
Bouwen of herbouwen; Verwijderen van vrijstaande gebouwen
Bouwen of herbouwen
Bouwen of herbouwen
The 10 most recent of 115 applications.
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 1991
Ground area
6,448 m²
Building footprint
1,496 m²
Building volume
8,514 m³
Parcel 24120B0168/00V000, Flanders · tallest building 7.4 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Venusstraat 8, 3290 Diest
since 1991unit no. 2.042.797.135
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24120B0168/00V000 | Flanders | 6,448 m² | 1 · 1,496 m² | 7.4 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het ondernemen van metsel- en betonwerken, algemene bouwonderneming, coördinatie van algemene bouwwerkzaamheden uitgevoerd door…” (deed in Dutch)
69 activities (deed in Dutch)
- Het ondernemen van metsel- en betonwerken, algemene bouwonderneming, coördinatie van algemene bouwwerkzaamheden uitgevoerd door onderaannemers, het optreden als makelaar in onroerende goederen
- Onderneming voor elektronische installaties
- Algemene bouwonderneming, alsook alle activiteiten van vastgoedhandelaar, makelaar, agent of beheerder
- Onderneming van grote werken van droogleggen en pompen
- Onderneming van irrigatiewerken van de waterlopen
- Onderneming voor het bouwen, herstellen en onderhouden van wegen
- Onderneming voor rioleringswerken
- Onderneming voor water- en gasvoorzieningen
- Onderneming voor baggerwerken zowel rivier als zee
- Onderneming voor het leggen van kabels en diverse leidingen
- Onderneming voor het aanleggen van speelpleinen, sportvelden, parken en tuinen
- Onderneming voor grondwerken
- Onderneming voor lozingen, peilingen en uitdiepingen
- Onderneming voor fundering, voor het heien van palen en damplanken voor versterkingswerken van de bodem volgens allerlei methodes
- Onderneming voor draineringswerken
- Onderneming voor het bouwen van niet-metalen kunstwerken met uitzondering van zee- en rivierwerken
- Onderneming voor het optrekken van nijverheidsovens en andere soortgelijke werken
- Onderneming voor het leggen van chappe
- Onderneming voor het bouwen van stallingen, alsmede het invoegen en reinigen van gevels
- Onderneming voor slopingswerken van gebouwen en kunstwerken
- Onderneming voor het optrekken van niet-metalen uitneembare paviljoenen en barakken
- Onderneming voor het plaatsen van afsluitingen
- Onderneming voor het waterdicht maken en bedekken van gebouwen met asfalt en teer
- Onderneming voor het leggen van tegelvloeren en mozaïeken en voor het plaatsen van alle andere wand- en vloerbekledingen met het plaatsen van alle andere wand- en vloerbekledingen met uitzondering van hout
- Onderneming voor warmte- en geluidsinstallatie
- Onderneming voor plafonneer-, cementeer en alle andere pleisterwerken
- Onderneming voor het steenhouwen
- Onderneming voor het bewerken, polijsten en plaatsen van marmer voor gebouwen
- Onderneming voor het vervaardigen en plaatsen van sierschouwen en andere versieringen van marmer of steen
- Onderneming voor het leggen van parketvloeren en het plaatsen van alle hout-, wand- en vloerbekledingen
- Onderneming voor timmer- en schrijnwerk
- Onderneming voor het vervaardigen en plaatsen van houten vensterluiken
- Onderneming van het plaatsen van ijzerwerk, metalen luiken en metalen schrijnwerkerij
- Onderneming voor het plaatsen van glas, spiegelglas, gekleurde ramen en het aanwenden van alle doorschijnend en doorzichtig materiaal
- Onderneming voor het schilderen van gebouwen
- Onderneming voor industriële schilderwerken
- Onderneming voor het behangen en garneren
- Onderneming voor het plaatsen van centrale verwarming met warme lucht
- Onderneming voor het plaatsen van ventilatie en verluchting, van luchtregeling en van industriële pijpleidingen, calorigage inbegrepen
- Onderneming voor het installeren van sanitaire inrichting en gasverwarming, voor lood- en zinkwerk en voor het installeren van waterverzachters
- Onderneming voor het plaatsen, onderhouden en herstellen van alle soorten branders
- Onderneming voor het installeren van servicestations
- Onderneming voor het installeren van werkplaatsen voor het bereiden van voeding
- Onderneming voor het installeren van niet-elektrische zee- en riviersignalisatie
- Onderneming voor het installeren van elektrische signalisatie voor wegen, spoorwegen, binnenwateren, zeewegen en luchtwegen
- Onderneming voor het installeren van pompstations en zuiveringsinstallaties van water
- Onderneming voor het plaatsen van bliksemafleiders
- Onderneming voor het reinigen en ontsmetten van gebouwen
- Onderneming voor het plaatsen van valse plafonds (zolderingen)
- Onderneming voor schoorsteenvegen
- Onderneming voor metalen dakbedekkingen van gebouwen
- Onderneming voor niet-metalen dakbedekkingen van gebouwen
- Onderneming voor bepleisteringswerken
- Groot- en kleinhandel in bouwmaterialen
- Onderneming voor aanleg en onderhoud van diverse terreinen
- Onderneming voor restauratie van monumenten en gebouwen
- Onderneming voor metalen schrijnwerk
- Onderneming voor metaalconstructies en metalen kunstwerken
- Onderneming voor het fabriceren en plaatsen van keukens al dan niet in hout
- Onderneming voor het fabriceren en plaatsen van grootkeukens
- Onderneming voor het fabriceren en plaatsen van grafzerken en grafmonumenten
- Onderneming voor burgerlijke bouwkunde en kunstwerken
- Onderneming voor het vervaardigen van allerlei spitstechnologieën
- Onderneming voor het plaatsen van individuele conventoren
- Onderneming voor uitneembare metalen paviljoenen en barakken
- Onderneming voor metsel- en betonwerken
- Alle onroerende verrichtingen waaronder het kopen en verkopen, beheren, huren, verhuren of onderverhuren van onroerende goederen of alle activiteiten van vastgoedmakelaar
- Het uitvoeren van alle studies of leveringen van alle diensten in rechtstreeks of onrechtstreeks verband met de studies voor aanbestedingen, controle op uitvoering, aanvaarding van materialen of opleveringen, zonder dat deze opsomming beperkend zij
- De makelarij in leningen, alle soorten kredieten en alle activiteiten van verzekeringsagent
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend worden door: - hetzij door twee (2)…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad, 3” (deed in Dutch)“Algemene vergadering, algemene vergadering” (deed in Dutch)“Door loutere kennisgeving aan raad van bestuur, eerstvolgende algemene vergadering moet bevestigen” (deed in Dutch)“Twee bestuurders, plaats in oproepingsbrief, bij gebrek zetel” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of June