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SFH

Active
Public limited companyfounded 20223 yrs activePresident Kennedypark(Kor) 27, 8500 Kortrijk, BelgiumKBO/BCE: BE 0792.661.630
Summary

The computed 12-month bankruptcy probability of SFH is 1.8% (moderate). The 2025 annual accounts show equity of €1.1m and a net result of €31,420. Equity is growing by ~3% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability20▼-1
Solvency73=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.12 in 2024; short-term debt: 11.6% and cash: 0% of total assets), and 52% of the assets are financed with debt.
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
48%
Return on assets
1.3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
18 d late
2024
37 d early
2023
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 18 August (3 of the last 3 filed years within 55 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 October 2022, SFH was incorporated as a Public limited company.1 Total assets went from EUR 2.2 million in 2023 to EUR 2.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€31,420▼ 7.9%
2024 · €34,118
Working capital
€90,588▲ 190%
2024 · €31,205
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€70,091--€6,159▲ 91.2%-€4,526▲ 26.5%
Net result-€38,536-€34,118€31,420▼ 7.9%
Equity€1.1m-€1.1m▲ 3.2%€1.1m▲ 2.9%
Total assets€2.2m-€2.3m▲ 4.5%€2.3m▲ 2.5%
Debt€1.1m-€1.2m▲ 5.7%€1.2m▲ 2.1%
Working capital-€37,257-€31,205€90,588▲ 190%
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2023: -€70,091-€70,091Net result 2023: -€38,536-€38,536Operating result 2024: -€6,159-€6,159Net result 2024: €34,118€34,118Operating result 2025: -€4,526-€4,526Net result 2025: €31,420€31,420202320242025-€100,000-€50,000€0€50,000Operating result 2023: -€70,091-€70,100Net result 2023: -€38,536-€38,500Operating result 2024: -€6,159-€6,160Net result 2024: €34,118€34,100Operating result 2025: -€4,526-€4,530Net result 2025: €31,420€31,400202320242025
The operating result stays negative: a loss of €4,526 in 2025 against €6,159 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €2.0m =
Current assets €362,073 ▲ 20.0%
Equity and liabilities €2.3m
Equity €1.1m ▲ 2.9%
Debt €1.2m ▲ 2.1%
Debt's share of the balance-sheet total falls from 52.2% to 52.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,216▲
2024 · -€2,849
Cash flow
€34,730▼
2024 · €37,428
Current ratio
1.33▲
2024 · 1.12
Debt to equity
1.08▼
2024 · 1.09
ROE
2.8%▼
2024 · 3.1%
ROA
1.3%▼
2024 · 1.5%
Interest coverage
-0.05▲
2024 · -0.09
Debt ≤ 1 year
€271,485▲
2024 · €270,613
Debt > 1 year
€857,217=
2024 · €857,217
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€2.3m▲
Formation expenses20€9,931€6,621▼
Fixed assets21/28€2.0m€2.0m=
Financial fixed assets28€2.0m€2.0m=
Current assets29/58€301,818€362,073▲
Amounts receivable within one year40/41€165,000€165,000=
Other amounts receivable41€165,000€165,000=
Cash at bank and in hand54/58€757€235▼
Deferred charges and accrued income490/1€136,061€196,838▲
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.3m▲
Equity10/15€1.1m€1.1m▲
Contributions10/11€1.1m€1.1m=
Capital10€1.1m€1.1m=
Issued capital100€1.1m€1.1m=
Profit (loss) carried forward14-€4,418€27,002▲
Amounts payable17/49€1.2m€1.2m▲
Amounts payable after more than one year17€857,217€857,217=
Other amounts payable178/9€857,217€857,217=
Amounts payable within one year42/48€270,613€271,485▲
Trade debts44€4,863€5,735▲
Suppliers440/4€4,863€5,735▲
Other amounts payable47/48€265,750€265,750=
Accrued charges and deferred income492/3€64,004€88,657▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,310€3,310=
Other operating charges640/8€514€1,126▲
Gross operating margin9900-€2,335-€90▲
Operating profit (loss)9901-€6,159-€4,526▲
Financial income75/76B€71,373€60,776▼
Recurring financial income75€71,373€60,776▼
Financial charges65/66B€31,096€24,830▼
Recurring financial charges65€31,096€24,830▼
Profit (loss) for the period before taxes9903€34,118€31,420▼
Profit (loss) for the period9904€34,118€31,420▼
Profit (loss) for the period to be appropriated9905€34,118€31,420▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,418€27,002▲
Profit (loss) brought forward from the previous period14P-€38,536-€4,418▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,310€3,310€3,310=
Other operating charges640/8€732€514€1,126▲ 119%
Gross operating margin9900-€66,049-€2,335-€90▲ 96.1%
Operating profit (loss)9901-€70,091-€6,159-€4,526▲ 26.5%
Financial income75/76B€64,689€71,373€60,776▼ 14.8%
Recurring financial income75€64,689€71,373€60,776▼ 14.8%
Financial charges65/66B€33,134€31,096€24,830▼ 20.2%
Recurring financial charges65€33,134€31,096€24,830▼ 20.2%
Profit (loss) for the period before taxes9903-€38,536€34,118€31,420▼ 7.9%
Profit (loss) for the period9904-€38,536€34,118€31,420▼ 7.9%
Profit (loss) for the period to be appropriated9905-€38,536€34,118€31,420▼ 7.9%
Line202320242025Change
Assets
Total assets20/58€2.2m€2.3m€2.3m▲ 2.5%
Formation expenses20€13,242€9,931€6,621▼ 33.3%
Fixed assets21/28€2.0m€2.0m€2.0m=
Financial fixed assets28€2.0m€2.0m€2.0m=
Current assets29/58€199,858€301,818€362,073▲ 20.0%
Amounts receivable within one year40/41€135,000€165,000€165,000=
Other amounts receivable41€135,000€165,000€165,000=
Cash at bank and in hand54/58€170€757€235▼ 69.0%
Deferred charges and accrued income490/1€64,688€136,061€196,838▲ 44.7%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.3m€2.3m▲ 2.5%
Equity10/15€1.1m€1.1m€1.1m▲ 2.9%
Contributions10/11€1.1m€1.1m€1.1m=
Capital10€1.1m€1.1m€1.1m=
Issued capital100€1.1m€1.1m€1.1m=
Profit (loss) carried forward14-€38,536-€4,418€27,002▲ 711%
Amounts payable17/49€1.1m€1.2m€1.2m▲ 2.1%
Amounts payable after more than one year17€857,217€857,217€857,217=
Other amounts payable178/9€857,217€857,217€857,217=
Amounts payable within one year42/48€237,115€270,613€271,485▲ 0.3%
Trade debts44€2,965€4,863€5,735▲ 17.9%
Suppliers440/4€2,965€4,863€5,735▲ 17.9%
Other amounts payable47/48€234,150€265,750€265,750=
Accrued charges and deferred income492/3€32,971€64,004€88,657▲ 38.5%
Line202320242025Change
Profit (loss) for the period9904-€38,536€34,118€31,420▼ 7.9%
+ Depreciation and write-downs630€3,310€3,310€3,310=
Operating cash flow (approximation)-€35,226€37,428€34,730▼ 7.2%
Investment in fixed assets (approximation)--€3,310-€3,310=
Change in cash-€587-€522▼ 189%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €34,118
Net result €34,118 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
2,406 m²
Volume, LiDAR
14,885 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SFH
Harelbekestraat 17, 8570 AnzegemHoldings
since 20222.338.787.487
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354D0147/00E000 Flanders 1.6 ha 1 · 2,207 m² 8.3 m · 2 fl.
34038A0346/00D016 Flanders 493 m² 1 · 200 m² 9.1 m · 1 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of SFH and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Company details

Identification
Legal formPublic limited company
Founded19-10-2022
Fiscal year end31-12
Contact
E-mail info@prismaproject.beAnzegem
Phone 056248080Anzegem
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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