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SFS Systems Belgium

Active
Private limited companyfounded 2020active for 6 yearsOude Baan(M) 603, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0745.930.295

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of SFS Systems Belgium is 1.7% (moderate). The 2025 annual accounts show equity of €207,455 and a net result of €96,419. Equity has been growing by about 108% per year since 2020. Its solvency ranks better than 78% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 10-04-2020 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Establishment unit
2.301.104.274 3630 Maasmechelen, since 10-04-2020
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board
  • Groneschild KimDirector · since 10-04-2020
  • Pauli JohannesDirector · since 10-04-2020

Financial position

57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€146,956
▲ 12.2%
Turnover
≈ €460,000
estimated
Profit
€96,419
▲ 28.6%
Equity
€207,455
▲ 86.8%
Total assets
€286,933
▲ 64.9%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 3 of the last 3 accounts lateSize: total assets €286,933Sector: Specialised construction activities (NACE 43)Founded in 2020Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 97+8
equity 72.3% of total assets
Liquidity 44-13
short-term debt 27.7% · cash 4.1%
Profitability 100=
return on assets 33.6%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 10.9% 12-2024: 10.9%● unchanged vs 11-2024 01-2025: 10.9%● unchanged vs 12-2024 02-2025: 10.9%● unchanged vs 01-2025 03-2025: 10.9%● unchanged vs 02-2025highest value 04-2025: 10.7%▼ -0.2 percentage points vs 03-2025 05-2025: 10.7%● unchanged vs 04-2025 06-2025: 10.7%● unchanged vs 05-2025 07-2025: 10.5%▼ -0.2 percentage points vs 06-2025 08-2025: 10.0%▼ -0.5 percentage points vs 07-2025 09-2025: 10.0%● unchanged vs 08-2025 10-2025: 10.0%● unchanged vs 09-2025 11-2025: 10.0%● unchanged vs 10-2025 12-2025: 9.9%▼ -0.1 percentage points vs 11-2025 01-2026: 2.2%▼ -7.7 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.1%▼ -0.1 percentage points vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%▼ -0.1 percentage points vs 04-2026 06-2026: 2.0%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▼ -0.2 percentage points vs 06-2026 08-2026: 2.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 1.7%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.21 (1.97 in 2024), above the usual 1.5. Short-term debt is 27.7% and cash 4.1% of total assets. 27.7% of the assets are financed with debt and provisions.
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 78% of them on solvency, 34% on liquidity, 92% on profitability and 90% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €286,933
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filings
Deviation from the deadline
2025
31 days late
2024
122 days late
2023
487 days late
2022
853 days late
2021
31 days late
2020
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 259 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 30 November (4 of the last 5 accounts filed within 366 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €111,036 to €207,455 ▲ 86.8% View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies €96,419 View
  • Positive: 6 profitable years in a rowprofit 2025: €96,419 6 years View

Comparable companies

These companies have the same main activity as SFS Systems Belgium: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €269,000 and €351,000, founded between 2019 and 2020.

CompanyTotal assetsGross margin
SFS Systems Belgium Maasmechelen€286,933€146,956
Tom Eyckens Houthalen-Helchteren€295,376€119,214
Verwarmingspunt Zonhoven€350,859€149,752
ENERGIES CONCEPT Courcelles€296,309€154,928
DELCROIX CHAUFFAGE&SANITAIRE Ramillies€283,647€139,536
GATHON Chimay€289,369€136,248
S.M. CALORITEC Schaarbeek€268,609€160,385
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SFS Systems Belgium

What is the company number of SFS Systems Belgium?
The company number of SFS Systems Belgium is 0745.930.295. The VAT number is the same number with BE in front: BE 0745.930.295.
Where is SFS Systems Belgium based?
The registered office is at Oude Baan(M) 603, 3630 Maasmechelen.Company details
What does SFS Systems Belgium do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of SFS Systems Belgium?
The legal form of SFS Systems Belgium is Private limited company (BV).
When was SFS Systems Belgium founded?
SFS Systems Belgium was founded on 10-04-2020.
Is SFS Systems Belgium still active?
Yes, SFS Systems Belgium is an active enterprise in the KBO register.
What is the turnover of SFS Systems Belgium?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €146,956 and 87 comparable companies (NACE 432). It probably lies between €370,000 and €550,000.Financials
Is SFS Systems Belgium profitable?
In financial year 2025, SFS Systems Belgium made a profit of €96,419.
Where can I find the annual accounts of SFS Systems Belgium?
SFS Systems Belgium filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SFS Systems Belgium due?
SFS Systems Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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