SF MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €266k and a net result of €1k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 23% of 2389 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-11-2025, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
1 d early
2023
1 d early
2022
7 d early
2021
6 d early
2020
17 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€266k▼ 1.3%
2024 · €270k
2019: €161k
2021: €267k
2022: €262k
2023: €252k
2024: €270k
2019 → 2025
Net result
€1k▼ 86.0%
2024 · €9k
2019: €39k
2021: €59k
2022: €14k
2023: €19k
2024: €9k
2019 → 2025
Total assets
€903k▲ 5.4%
2024 · €856k
2019: €732k
2021: €811k
2022: €812k
2023: €844k
2024: €856k
2019 → 2025
Solvency
29.5%▼ 2.0pp
2024 · 31.5%
2019: 22.0%
2021: 33.0%
2022: 32.2%
2023: 29.9%
2024: 31.5%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€267k-€262k▼ 2.1%€252k▼ 3.7%€270k▲ 7.0%€266k▼ 1.3%
Operating result€20k-€24k▲ 20.3%€28k▲ 15.1%€16k▼ 43.5%€3k▼ 81.4%
Net result€59k-€14k▼ 75.5%€19k▲ 34.1%€9k▼ 52.0%€1k▼ 86.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €903k
Fixed assets
€752k▲ 4.9%
Current assets
€150k▲ 8.4%
Equity and liabilities €903k
Equity
€266k▼ 1.3%
Debt
€637k▲ 8.5%
The debt ratio rises from 68.5% to 70.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
29.5%▼
2024 · 31.5%
ROE
0.5%▼
2024 · 3.4%
ROA
0.1%▼
2024 · 1.1%
Debt
€637k▲
2024 · €587k
Debt ≤ 1 year
€142k▲
2024 · €120k
Debt > 1 year
€493k▲
2024 · €464k
Income taxes
€1k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€856k€903k▲
Formation expenses20€350€50▼
Fixed assets21/28€717k€752k▲
Intangible fixed assets21€17k€8k▼
Tangible fixed assets22/27€1k€45k▲
Plant, machinery and equipment23€632-
Furniture and vehicles24€402€45k▲
Financial fixed assets28€700k€700k=
Current assets29/58€139k€150k▲
Stocks and contracts in progress3€71k€82k▲
Stocks30/36€71k€82k▲
Amounts receivable within one year40/41€50k€45k▼
Trade receivables40€8k€7k▼
Other amounts receivable41€41k€38k▼
Cash at bank and in hand54/58€14k€18k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€856k€903k▲
Equity10/15€270k€266k▼
Contributions10/11€19k€19k=
Reserves13€242k€242k=
Distributable reserves133€242k€242k=
Profit (loss) carried forward14€191€630▲
Investment grants15€9k€5k▼
Amounts payable17/49€587k€637k▲
Amounts payable after more than one year17€464k€493k▲
Financial debts170/4€464k€493k▲
Amounts payable within one year42/48€120k€142k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€1k€22k▲
Suppliers440/4€1k€22k▲
Taxes, remuneration and social security45€18k€5k▼
Taxes450/3€14k€5k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€90k€103k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€1k€4k▲
Gross operating margin9900€27k€18k▼
Operating profit (loss)9901€16k€3k▼
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€13k€3k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€9k€1k▼
Profit (loss) for the period to be appropriated9905€9k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€1k▼
Profit (loss) brought forward from the previous period14P€523€191▼
Transfer to equity691/2€9k-
To other reserves6921€9k-
Profit to be distributed694/7€800€859▲
Return on contributions (dividend)694€800€859▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Weakest financial yearnet €1k ▼86%
Net result drops to €1k, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €59k ▲51.4%
Net result €59k, the highest in the series.
30-06
Financial
Liquidity doublescurrent ratio 1.24
Current ratio from 0.54 to 1.24.
30-06
Financial
Equity above €200kEq €267k ▲65.7%
2 profitable years in a row build equity to €267k.
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grâce-Hollogne · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Jean Gruslin 184460 Grâce-HollogneGround area
1,688 m²
Building footprint
519 m²
Volume, LiDAR
2,730 m³
Parcel 62046A0135/00X003, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SF.MANAGEMENT SPRL
since 20152.238.571.146
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0135/00X003 | Wallonia | 1,688 m² | 1 · 519 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,696 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2014
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:fpc.simons@gmail.com
Phone:04/239.10.95