SFM+
ActiveSummary
The computed 12-month bankruptcy probability of SFM+ is 1.8% (moderate). The 2024 annual accounts show equity of €236k and a net result of €69k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 7445 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+23
Solvency99▲+29
Growth79▲+17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity ample (current ratio 2.23 against 1.03 in 2023; short-term debt: 20.2% and cash: 7.4% of total assets), and 25.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2026, 391 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
391 d late
2023
92 d late
2022
71 d late
2021
78 d late
2020
318 d late
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€283k▲ 11.8%
2019 · €253k
2018: €217k
2019: €253k
2018 → 2020
EBIT margin
11.8%▲ 1.9pp
2019 · 9.9%
2018: 9.3%
2019: 9.9%
2018 → 2020
Net result
€69k▲ 508%
2023 · €11k
2018: €14k
2019: €14k
2020: €19k
2021: €37k
2022: €23k
2023: €11k
2018 → 2024
Working capital
€79k▲ 1,386%
2023 · €5k
2018: €53k
2019: €-49k
2020: €-35k
2021: €17k
2022: €40k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€283k-
Equity€95k-€132k▲ 39.6%€155k▲ 17.8%€167k▲ 7.3%€236k▲ 41.3%
Operating result€33k-€53k▲ 59.2%€33k▼ 37.7%€17k▼ 48.6%€28k▲ 67.0%
Net result€19k-€37k▲ 95.7%€23k▼ 37.2%€11k▼ 51.7%€69k▲ 508%
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 recovers in 2024; 2024 is 67% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €317k
Fixed assets
€174k ▼ 7.9%
Current assets
€143k ▼ 21.7%
Equity and liabilities €317k
Equity
€236k ▲ 41.3%
Debt
€81k ▼ 60.4%
Debt's share of the balance-sheet total falls from 55.1% to 25.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▲
2023 · €17k
Cash flow
€84k▲
2023 · €11k
Current ratio
2.23▲
2023 · 1.03
Debt to equity
0.34▼
2023 · 1.23
ROE
29.3%▲
2023 · 6.8%
ROA
21.8%▲
2023 · 3.1%
Interest coverage
24.53▲
2023 · 11.17
Debt ≤ 1 year
€64k▼
2023 · €177k
Debt > 1 year
€17k▼
2023 · €27k
Income taxes
€8k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€371k€317k▼
Fixed assets21/28€189k€174k▼
Tangible fixed assets22/27€74k€59k▼
Plant, machinery and equipment23€1k€946▼
Furniture and vehicles24€97€31▼
Leasing and similar rights25€72k€58k▼
Financial fixed assets28€115k€115k=
Current assets29/58€183k€143k▼
Amounts receivable within one year40/41€171k€120k▼
Trade receivables40€138k€71k▼
Other amounts receivable41€33k€49k▲
Cash at bank and in hand54/58€12k€23k▲
Equity and liabilities
Total equity and liabilities10/49€371k€317k▼
Equity10/15€167k€236k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€146k€215k▲
Amounts payable17/49€204k€81k▼
Amounts payable after more than one year17€27k€17k▼
Financial debts170/4€27k€17k▼
Amounts payable within one year42/48€177k€64k▼
Current portion of amounts payable after more than one year42€10k€10k=
Financial debts43€15k€6k▼
Credit institutions430/8€15k€6k▼
Trade debts44€27k€17k▼
Suppliers440/4€27k€17k▼
Taxes, remuneration and social security45€20k€31k▲
Taxes450/3€20k€31k▲
Other amounts payable47/48€106k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66€15k▲
Other operating charges640/8€370€2k▲
Gross operating margin9900€17k€45k▲
Operating profit (loss)9901€17k€28k▲
Financial income75/76B-€50k
Recurring financial income75-€50k
Non-recurring financial income76B-€50k
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€15k€77k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€11k€69k▲
Profit (loss) for the period to be appropriated9905€11k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€146k€215k▲
Profit (loss) brought forward from the previous period14P€135k€146k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 391 days late
2024
31-12
Financial
Highest result since 2018net €69k ▲508%
Net result €69k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 1.03 to 2.23; short-term debt falls from €177k to €64k.
31-12
Financial
Equity above €200kEq €236k ▲41.3%
7 profitable years in a row build equity to €236k.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €11k ▼51.7%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Equity above €150kEq €155k ▲17.8%
5 profitable years in a row build equity to €155k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 318 days late
2021
31-12
Financial
Equity above €100kEq €132k ▲39.6%
4 profitable years in a row build equity to €132k.
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2015
Ground area
4,029 m²
Building footprint
867 m²
Volume, LiDAR
24,937 m³
Parcel 21001A0409/00C000, Brussels · tallest building 33.0 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Sylvain Dupuislaan 213, 1070 Anderlecht
since 20152.239.441.176
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0409/00C000 | Brussels | 4,029 m² | 1 · 867 m² | 33.0 m · 10 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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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.