SFAR-JMS
ActiveThe computed 12-month bankruptcy probability of SFAR-JMS is 3.6% (moderate). The 2025 annual accounts show equity of €11k and a net result of €10k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 3603 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency3▲+3
Growth58▲+26
Stability94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.36 in 2024), and 95% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
5%
Return on assets
4.5%
Age of the figures
11 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-08-2026, 104 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
104 d late
2024
30 d late
2023
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€11k▲ 1,031%
2024 · €964
2023: €12k
2024: €964
2023 → 2025
Total assets
€219k▲ 3.3%
2024 · €212k
2023: €195k
2024: €212k
2023 → 2025
Net result
€10k
2024 · €-11k
2023: €-7k
2024: €-11k
2023 → 2025
Working capital
€-121k▲ 10.5%
2024 · €-135k
2023: €-136k
2024: €-135k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€12k-€964▼ 91.7%€11k▲ 1,031%
Operating result€-1k-€-7k▼ 592%€13k
Net result€-7k-€-11k▼ 51.7%€10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €7k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219k
Fixed assets
€132k▼ 3.1%
Current assets
€87k▲ 15.0%
Equity and liabilities €219k
Equity
€11k▲ 1,031%
Debt
€208k▼ 1.4%
The debt ratio falls from 99.5% to 95.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▲
2024 · €9k
Cash flow
€29k▲
2024 · €6k
Solvency
5.0%▲
2024 · 0.5%
Current ratio
0.42▲
2024 · 0.36
Quick ratio
0.34▲
2024 · 0.30
Debt / equity
19.07
ROE
91.2%
ROA
4.5%▲
2024 · -5.0%
Interest coverage
10.08▲
2024 · 2.90
Debt
€208k▼
2024 · €211k
Debt ≤ 1 year
€208k▼
2024 · €211k
Income taxes
€257▲
2024 · €238
Staff costs
€348k▲
2024 · €293k
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€212k€219k▲
Fixed assets21/28€136k€132k▼
Intangible fixed assets21€121k€106k▼
Tangible fixed assets22/27€6k€17k▲
Plant, machinery and equipment23€4k€8k▲
Furniture and vehicles24€2k€8k▲
Financial fixed assets28€9k€9k=
Current assets29/58€75k€87k▲
Stocks and contracts in progress3€12k€15k▲
Stocks30/36€12k€15k▲
Amounts receivable within one year40/41€30k€23k▼
Trade receivables40€20k€10k▼
Other amounts receivable41€10k€13k▲
Cash at bank and in hand54/58€28k€45k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€212k€219k▲
Equity10/15€964€11k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€-18k€-8k▲
Amounts payable17/49€211k€208k▼
Amounts payable within one year42/48€211k€208k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€103k€94k▼
Suppliers440/4€103k€94k▼
Taxes, remuneration and social security45€50k€63k▲
Taxes450/3€23k€34k▲
Remuneration and social security454/9€27k€29k▲
Other amounts payable47/48€56k€51k▼
Income statement
Code20242025
Remuneration, social security and pensions62€293k€348k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€19k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€307k€386k▲
Operating profit (loss)9901€-7k€13k▲
Financial income75/76B€78-
Recurring financial income75€78-
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-10k€10k▲
Income taxes67/77€238€257▲
Profit (loss) for the period9904€-11k€10k▲
Profit (loss) for the period to be appropriated9905€-11k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-8k▲
Profit (loss) brought forward from the previous period14P€-7k€-18k▼
The notes to these accounts (8 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 104 days late
2025
30-09
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-09
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heist-op-den-Berg · 1 establishment unit since 2021
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.
Bergstraat 1252220 Heist-op-den-BergGround area
249 m²
Building footprint
200 m²
Volume, LiDAR
1,571 m³
Parcel 12322I0474/00R000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SFAR-JMS
since 20212.328.186.179
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0474/00R000 | Flanders | 249 m² | 1 · 200 m² | 10.4 m · 3 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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EAT-IN-WEMMEL
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Prashu
BE 0552.636.318
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Lusmar
BE 0669.526.167
Antwerpen · Eq €11k
AL VEL
BE 0463.896.461
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 7,224 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2021
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.