Equity
-€1.3m
Debts exceed assets in financial year 2025.
SFI
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €1.4m (2017)
-€576,565▼ €1.1m
lowest -€1.1m (2023)
-€591,040▼ €1.0m
peak €4.0m (2008)
-€1.3m▼ €591,040
€33.2m▲ 2.1%
Board4 names since 2020
2 directors and 1 other
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Gross margin from €492,740 to -€576,565Loss of €591,040Reappointments: (managing director) and (managing director) 17-10Equity from -€752,384 to -€1.3mCash from €90 to €490
Key points
from the 2025 annual accountsResult
-€591,040 -€591,040
From profit to loss in 2025, after a profit of €417,094 in 2024.
Debts
€33.2m 104% of the balance sheet
Financial debts 0%Suppliers 5%Other 94%
Of this, €33.2m falls due within a year.
Filings
21 annual accounts since 2005
Nine of the last ten came late. The 2019 accounts came latest: 216 days after the end of the period.
At the same address
17 companies
Position in the sector
-€591,040
Lower net result than 95% of companies in real estate. Sector median €5,854 · 19,790 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,191 companies had the same profile as SFI has now. Each dot stands for 11 companies, two years later.
91.2%
were still trading
5.4%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,191 companies, not a prediction for SFI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Etterbeek to Woluwe-Saint-Lambert
New registered office: Rue de la Cambre 22D, 1200 Woluwe-Saint-Lambert · Previous registered office: Avenue de la Chasse 31, 1040 Etterbeek · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871844809
Reappointments: (managing director) and (managing director)
General meeting of 13-05-2025 · Gazette deed
Registered office moved from Brussels to Etterbeek
New registered office: avenue de la Chasse, 31 à 1040 Etterbeek · Previous registered office: Boulevard Auguste Reyers, 41-43 à 1030 Bruxelles · Board meeting of 31-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SFI Woluwe-Saint-Lambert | €31.9m | -€576,565 | -4.2% | - |
| BRIDGE IMMO Saint-Josse-ten-Noode | €22.3m | -€289,186 | 11.5% | 0 |
| PROJECT VUURBERG Brussels | €43.7m | -€65,993 | 29.8% | - |
| MEAUNET Ixelles | €21.6m | -€82,376 | 79.1% | - |
| SOCIETE DE DEVELOPPEMENT ET DE LEASING DE LA REGION DE MONS, DU BORINAGE ET DU CENTRE Mons | €44.1m | -€484,615 | 68.0% | - |
| THULA & THULA Oudenaarde | €24.0m | -€250,641 | 97.6% | - |
| KENNY VD Antwerp | €48.4m | -€2,165 | 0.1% | 0 |
These companies have the same main activity as SFI: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €22m and €48m, founded between 2000 and 2009.
Official details
Source: KBO- Status
- Active since 11-02-2005Normal situation
- Registered office
- 18 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.146.289.3061050 Brussels, since 07-02-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Insights on SFI
SFI files the micro format. That format states no turnover. The gross margin fell from €890,244 in 2006 to -€576,565 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SFI
- What is the company number of SFI?
- The company number of SFI is 0871.844.809. The VAT number is the same number with BE in front: BE 0871.844.809.
- Where is SFI based?
- The registered office is at Ter Kamerenstraat 22D, 1200 Woluwe-Saint-Lambert.Company details
- What does SFI do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of SFI?
- SFI is a public limited company (NV).
- When was SFI founded?
- SFI was founded on 11-02-2005.
- Is SFI still active?
- Yes, SFI is an active enterprise in the KBO register.
- What is the turnover of SFI?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SFI profitable?
- In financial year 2025, SFI made a loss of €591,040.
- Where can I find the annual accounts of SFI?
- SFI filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SFI due?
- SFI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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