Equity
€544,160 ▲ 8.9%
SFK has made a profit without a break since 2021.
SFK
Lifetime
10 annual accounts with figures on one time axispeak €593,748 (2025)
€593,748▲ 78.0%
lowest -€87,527 (2020)
€44,641▲ 322%
peak €544,160 (2025)
€544,160▲ 8.9%
€4.9m▲ 82.5%
Documentsfilings and deeds
21-09-202652 days late
2025micro format
Gross margin from €333,527 to €593,748Result from €10,579 to €44,641Debts from €2.7m to €4.9mInvestments €2.7mCash from €25,874 to €10,714
Key points
from the 2025 annual accountsTurnover
≈ €1.0m estimated
The micro format states no turnover.
Debts
€4.9m 90% of the balance sheet
Financial debts 72%Suppliers 10%Taxes and wages 0%Other 18%
Of this, €1.4m falls due within a year.
Investments
€2.6m 7.9 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 77.3% higher than in 2024.
Filings
10 annual accounts 9 late
The 2019 accounts came latest: 318 days after the end of the period.
Position in the sector
€544,160
More equity than 85% of companies in real estate. Sector median €73,060 · 17,215 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,449 companies had the same profile as SFK has now. Each dot stands for 4 companies, two years later.
95.7%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 1,449 companies, not a prediction for SFK. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0631769017
Capital contribution · Amendment of the articles
General meeting of 31-03-2022 · Gazette deed
Capital conversion · Amendment of the articles · Legal-form change · Resignations & appointments
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 19-01-2022 · Gazette deed
New establishment in Bertrix
Gîte, Rue de Gurhaumont,Jéhonville 27
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SFK Namur | €5.4m | €593,748 | 10.0% | - |
| THYS HOUSING Laakdal | €4.9m | €450,587 | 13.4% | 1.8 |
| CD7 PROPERTIES (Ans Alleur) Chaudfontaine | €6.4m | €742,757 | 53.5% | - |
| LES OYATS Beveren-Kruibeke-Zwijndrecht | €6.0m | €460,214 | 8.6% | - |
| ESPACE ALTITUDE Ottignies-Louvain-la-Neuve | €5.4m | €579,643 | 1.2% | - |
| NSV VASTGOED Lille | €4.8m | €715,112 | 11.7% | - |
| HALIFAX INV. Schoten | €6.1m | €462,274 | 18.5% | 1.8 |
These companies have the same main activity as SFK: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €4.8m and €6.4m, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 04-06-2015Normal situation
- Activity
- Development of residential building projectsNACE 68121and 6 others
- Establishment units
- 2.245.912.8585003 Namur, since 04-06-2015
- 2.333.283.6296880 Bertrix, since 01-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Insights on SFK
SFK files the micro format. That format states no turnover. The gross margin rose from €132,791 in 2016 to €593,748 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
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 SFK
- What is the company number of SFK?
- The company number of SFK is 0631.769.017. The VAT number is the same number with BE in front: BE 0631.769.017.
- Where is SFK based?
- The registered office is at Rue du Centre 117, 5003 Namur.Company details
- What does SFK do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of SFK?
- SFK is a private limited company (BV).
- When was SFK founded?
- SFK was founded on 04-06-2015.
- Is SFK still active?
- Yes, SFK is an active enterprise in the KBO register.
- How many employees does SFK have?
- SFK had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of SFK?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €593,748 and 43 comparable companies (NACE 681). It probably lies between €780,000 and €1.7m.
- Is SFK profitable?
- In financial year 2025, SFK made a profit of €44,641.
- Where can I find the annual accounts of SFK?
- SFK filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SFK due?
- SFK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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