Result
-€12,936 -€12,936
From profit to loss in 2025, after a profit of €68,952 in 2024.
SFM+
Lifetime
11 annual accounts with figures on one time axispeak €68,280 (2021)
€39,007▼ 13.0%
lowest -€12,936 (2025)
-€12,936▼ €81,888
peak €235,721 (2024)
€222,785▼ 5.5%
€91,790▲ 13.3%
Documentsfilings and deeds
15-10-202676 days late
2025abbreviated format
Gross margin from €44,856 to €39,007Loss of €12,936Cash from €23,351 to €64,208
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The accounts state no turnover.
Investments
€1,099 1.8 × depreciation
Green is investment, beige is depreciation.
Filings
11 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
At the same address
23 companies
Position in the sector
-€12,936
Lower net result than 87% of companies in specialised construction. Sector median €26,691 · 9,959 companies.
Checked score
68
Healthy
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.0%▼ -0.1 percentage points vs 12-2024
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025
06-2025: 1.9%▼ -0.1 percentage points vs 05-2025
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 2.2%▲ +0.3 percentage points vs 07-2025
09-2025: 2.4%▲ +0.2 percentage points vs 08-2025
10-2025: 3.5%▲ +1.1 percentage points vs 09-2025
11-2025: 3.6%▲ +0.1 percentage points vs 10-2025
12-2025: 4.8%▲ +1.2 percentage points vs 11-2025
01-2026: 7.1%▲ +2.3 percentage points vs 12-2025
02-2026: 7.1%● unchanged vs 01-2026
03-2026: 7.4%▲ +0.3 percentage points vs 02-2026
04-2026: 6.8%▼ -0.6 percentage points vs 03-2026
05-2026: 6.8%● unchanged vs 04-2026
06-2026: 6.8%● unchanged vs 05-2026
07-2026: 6.5%▼ -0.3 percentage points vs 06-2026
08-2026: 8.3%▲ +1.8 percentage points vs 07-2026highest value
09-2026: 3.4%▼ -4.9 percentage points vs 08-2026
10-2026: 0.8%▼ -2.6 percentage points vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 76 days late; 3 of the last 3 accounts late
Loss of €12,936 (financial year 2025)
lowers risk
Liquidity: current ratio 2.16, cash €64,208
Equity €222,785 (70.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 77% of them on solvency, 62% on liquidity, 13% on profitability and 28% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as SFM+ has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SFM+ itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,908 companies, not a prediction for SFM+. 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
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.16 (2.23 in 2024), above the usual 1.5. Short-term debt is 29.2% and cash 20.4% of total assets. 29.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
76 days late
2024
391 days late
2023
92 days late
2022
71 days late
2021
78 days late
2020
318 days late
2019
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 138 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597918193
First establishment
Sylvain Dupuislaan 213, Anderlecht
Incorporation
published on 24-02-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SFM+ Anderlecht | €314,575 | €39,007 | 70.8% | - |
| LE TROISIEME ETAGE - ENTREPRISE GENERALE Anderlecht | €317,027 | €42,211 | 28.4% | - |
| HARD CONSTRUCT Molenbeek-Saint-Jean | €274,965 | €31,720 | 21.1% | - |
| AZIZ INTERNATIONAL TRADE COMPANY Brussels | €261,246 | €45,189 | 54.2% | - |
| PLM LIFT Welkenraedt | €334,333 | €43,837 | 44.3% | - |
| VEL CONSTRUCT Anderlecht | €246,013 | €31,556 | 72.9% | - |
| MARCOENSE CONSTRUCT Anderlecht | €338,035 | €56,460 | 9.1% | - |
These companies have the same main activity as SFM+: other construction installation (NACE 43240). They are comparable in size and age: total assets between €246,000 and €338,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 12-02-2015Normal situation
- Registered office
- 24 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Other construction installationNACE 43240and 5 others
- Establishment unit
- 2.239.441.1761070 Anderlecht, since 01-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Insights on SFM+
SFM+ files the abbreviated format. That format states no turnover. The gross margin rose from €6,621 in 2015 to €39,007 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 SFM+
- What is the company number of SFM+?
- The company number of SFM+ is 0597.918.193. The VAT number is the same number with BE in front: BE 0597.918.193.
- Where is SFM+ based?
- The registered office is at Sylvain Dupuislaan 213, 1070 Anderlecht.Company details
- What does SFM+ do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of SFM+?
- SFM+ is a private limited company (pre-2019) (BVBA).
- When was SFM+ founded?
- SFM+ was founded on 12-02-2015.
- Is SFM+ still active?
- Yes, SFM+ is an active enterprise in the KBO register.
- What is the turnover of SFM+?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €39,007 and 33 comparable companies (NACE 432). It probably lies between €120,000 and €220,000. In financial year 2020 turnover was €282,800.Financials
- Is SFM+ profitable?
- In financial year 2025, SFM+ made a loss of €12,936.
- Where can I find the annual accounts of SFM+?
- SFM+ filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SFM+ due?
- SFM+ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.