SFAIRA
ActiveSummary
SFAIRA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €-1k. Equity is shrinking by ~30% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▲+2
Solvency40▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-9.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1906 sector peers (2025).
NBB · sector comparisonPosition among 1906 sector peers
Solvency
better than 20%
← weakest
strongest →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
133 d early
2023
149 d late
2022
150 d late
2020
152 d late
2018
149 d late
2017
114 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 39.2%
2024 · €4k
Total assets
€15k▼ 21.0%
2024 · €18k
Net result
€-1k▲ 27.7%
2024 · €-2k
Working capital
€-5k▼ 42.2%
2024 · €-3k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result€-1k-€-2k-€-3k▼ 46.1%€-2k▲ 34.6%€-1k▲ 26.1%
Net result€-1k-€-2k-€-3k▼ 45.1%€-2k▲ 34.1%€-1k▲ 27.7%
Equity€12k-€9k-€6k▼ 34.8%€4k▼ 35.2%€2k▼ 39.2%
Total assets€27k-€23k-€20k▼ 14.1%€18k▼ 7.8%€15k▼ 21.0%
Debt€15k-€15k-€14k▼ 2.2%€15k▲ 2.8%€12k▼ 16.6%
Working capital€5k-€2k-€-1k€-3k▼ 140%€-5k▼ 42.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€7k =
Current assets
€8k ▼ 33.8%
Equity and liabilities €15k
Equity
€2k ▼ 39.2%
Debt
€12k ▼ 16.6%
Debt's share of the balance-sheet total rises from 80.4% to 84.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.61▼
2024 · 0.77
Debt to equity
5.63▲
2024 · 4.10
ROE
-64.4%▼
2024 · -54.2%
ROA
-9.7%▲
2024 · -10.6%
Debt ≤ 1 year
€12k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €619 | €816 | €774 | €2k | ▲ 99.5% |
| Gross operating margin9900 | €-852 | €-1k | €-2k | €-1k | €127 | ▲ 111% |
| Operating profit (loss)9901 | €-1k | €-2k | €-3k | €-2k | €-1k | ▲ 26.1% |
| Financial income75/76B | - | - | - | - | €170 | - |
| Recurring financial income75 | - | - | - | - | €170 | - |
| Financial charges65/66B | - | €45 | €45 | €45 | €172 | ▲ 282% |
| Recurring financial charges65 | €42 | €45 | €45 | €45 | €172 | ▲ 282% |
| Profit (loss) for the period before taxes9903 | €-1k | €-2k | €-3k | €-2k | €-1k | ▲ 27.7% |
| Profit (loss) for the period9904 | €-1k | €-2k | €-3k | €-2k | €-1k | ▲ 27.7% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-2k | €-3k | €-2k | €-1k | ▲ 27.7% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27k | €23k | €20k | €18k | €15k | ▼ 21.0% |
| Fixed assets21/28 | €7k | €7k | €7k | €7k | €7k | = |
| Tangible fixed assets22/27 | €7k | €7k | €7k | €7k | €7k | = |
| Furniture and vehicles24 | - | €7k | €7k | €7k | €7k | = |
| Current assets29/58 | €20k | €16k | €13k | €11k | €8k | ▼ 33.8% |
| Amounts receivable within one year40/41 | €76 | €446 | €154 | €154 | €334 | ▲ 116% |
| Other amounts receivable41 | - | €446 | €154 | €154 | €334 | ▲ 116% |
| Current investments50/53 | - | - | - | - | €170 | - |
| Cash at bank and in hand54/58 | €20k | €16k | €13k | €11k | €7k | ▼ 40.1% |
| Deferred charges and accrued income490/1 | - | - | - | €19 | €329 | ▲ 1,651% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27k | €23k | €20k | €18k | €15k | ▼ 21.0% |
| Equity10/15 | €12k | €9k | €6k | €4k | €2k | ▼ 39.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €0 | - | - |
| Other1319 | - | - | - | €2k | €2k | = |
| Distributable reserves133 | - | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €-8k | €-12k | €-15k | €-17k | €-18k | ▼ 8.4% |
| Amounts payable17/49 | €15k | €15k | €14k | €15k | €12k | ▼ 16.6% |
| Amounts payable within one year42/48 | €15k | €15k | €14k | €15k | €12k | ▼ 16.6% |
| Trade debts44 | - | €28 | - | €404 | €1k | ▲ 257% |
| Suppliers440/4 | - | €28 | - | €404 | €1k | ▲ 257% |
| Taxes, remuneration and social security45 | - | - | - | - | €735 | - |
| Taxes450/3 | - | - | - | - | €735 | - |
| Other amounts payable47/48 | - | €15k | €14k | €14k | €10k | ▼ 29.3% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-2k | €-3k | €-2k | €-1k | ▲ 27.7% |
| Operating cash flow (approximation) | €-1k | €-2k | €-3k | €-2k | €-1k | ▲ 27.7% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | - | €-3k | €-2k | €-5k | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 149 days late
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 114 days late
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 150 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 152 days late
2015
16-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 138 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Assenede · 1 establishment unit since 1987
Ground area
8,686 m²
Building footprint
274 m²
Volume, LiDAR
1,340 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SFAIRA BVBA
since 19872.029.609.588
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43002A0095/00E000 | Flanders | 8,375 m² | 1 · 185 m² | 7.3 m · 2 fl. |
| 43005D1033/02S000 | Flanders | 311 m² | 1 · 89 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,269. 224 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-07-1987
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.