SF TRANSPORT
ActiveSummary
SF TRANSPORT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €196k. Equity is shrinking by ~57.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 80% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+100
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.3 against 1.07 in 2024; short-term debt: 21.3% and cash: 1.4% of total assets), and 21.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.7%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 d early
2024
49 d late
2023
57 d late
2022
19 d early
2021
19 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k
2024 · €-183k
2021: €22k
2022: €-82k
2023: €-126k
2024: €-183k
2021 → 2025
Total assets
€17k▼ 92.7%
2024 · €228k
2021: €474k
2022: €311k
2023: €291k
2024: €228k
2021 → 2025
Net result
€196k
2024 · €-58k
2021: €12k
2022: €-104k
2023: €-44k
2024: €-58k
2021 → 2025
Working capital
€-2k
2024 · €13k
2021: €158k
2022: €144k
2023: €68k
2024: €13k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€-82k€-126k▼ 53.1%€-183k▼ 45.8%€13k
Operating result€28k-€-97k€-52k▲ 46.7%€-60k▼ 16.4%€197k
Net result€12k-€-104k€-44k▲ 58.2%€-58k▼ 32.1%€196k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €197k after a loss of €60k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17k
Fixed assets
€16k ▼ 60.2%
Current assets
€1k ▼ 99.4%
Equity and liabilities €17k
Equity
€13k
Debt
€4k
Debt finances 21.3% of the balance-sheet total.
Key figures and ratios
Current ratio
0.30▼
2024 · 1.07
Debt to equity
0.27▲
2024 · -2.24
Debt ≤ 1 year
€4k▼
2024 · €176k
Staff costs
€-2k▼
2024 · €41k
A ratio outside any meaningful range has been withheld (balance sheet total €17k, equity €13k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€228k€17k▼
Fixed assets21/28€39k€16k▼
Financial fixed assets28€39k€16k▼
Current assets29/58€189k€1k▼
Amounts receivable within one year40/41€188k€836▼
Trade receivables40€188k-
Other amounts receivable41€532€836▲
Cash at bank and in hand54/58€989€225▼
Equity and liabilities
Total equity and liabilities10/49€228k€17k▼
Equity10/15€-183k€13k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-193k€3k▲
Amounts payable17/49€411k€4k▼
Amounts payable after more than one year17€235k-
Financial debts170/4€235k-
Amounts payable within one year42/48€176k€4k▼
Trade debts44€122k€3k▼
Suppliers440/4€122k€3k▼
Taxes, remuneration and social security45€14k-
Remuneration and social security454/9€14k-
Other amounts payable47/48€40k€645▼
Income statement
Code20242025
Remuneration, social security and pensions62€41k€-2k▼
Other operating charges640/8€7k€280▼
Gross operating margin9900€-13k€195k▲
Operating profit (loss)9901€-60k€197k▲
Financial income75/76B€9k-
Recurring financial income75€58-
Non-recurring financial income76B€9k-
Financial charges65/66B€6k€203▼
Recurring financial charges65€6k€203▼
Profit (loss) for the period before taxes9903€-58k€196k▲
Profit (loss) for the period9904€-58k€196k▲
Profit (loss) for the period to be appropriated9905€-58k€196k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-193k€3k▲
Profit (loss) brought forward from the previous period14P€-136k€-193k▼
The notes to these accounts (5 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
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €196k
Net result €196k after 3 loss-making years.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-104k ▼956%
Net result drops to €-104k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2026
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.
Ground area
4,164 m²
Building footprint
1,003 m²
Parcel 11005A0039/00C003, Flanders. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20262.388.584.913
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005A0039/00C003 | Flanders | 4,164 m² | 1 · 1,003 m² | - |
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.
Similar companies · same sector, comparable size
VIVA VINO
BE 0439.046.051
Sint-Niklaas · Eq €12,886
DIA Consult & Distribution
BE 1000.851.344
Court-Saint-Etienne · Eq €12,884
TAYYAR
BE 0501.840.782
Antwerpen · Eq €13,245
Ca’del Vino
BE 0802.786.351
Tervuren · Eq €13,330
GREDIS
BE 0525.860.358
Gent · Eq €13,412
Of 1,581 companies in sector 46349 we hold annual accounts for 987. 393 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
46389Wholesale of other food products
46493Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.