Equity
€27.4m ▲ 19.3%
SUFINA has made a profit without a break since 2018.
SUFINA
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990Balance sheet totalpeak €43.8m (2020)
€36.4m▲ 1.3%
Resultlowest -€1.0m (2012)
€4.4m▲ 39.3%
Equitypeak €27.4m (2025)
€27.4m▲ 19.3%
Debts
€9.0m▼ 30.6%
Staffpeak 4.5 FTE (2006)
1.8 FTEunchanged
Board2 names since 2020
1 directorBALTO BV
Owners
100%MILAUHRET
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Result from €3.2m to €4.4mEquity from €22.9m to €27.4mDebts from €13.0m to €9.0mInvestments €1.2mCash from €337,210 to €614,670
Key points
from the 2025 annual accountsResult
€4.4m ▲ 39.3%
The result rose in 2025 from €3.2m to €4.4m.
Payment terms
18 days to suppliers
SUFINA pays its suppliers 39 days earlier than in 2024. Customers pay 34 days earlier.
Liquidity
18.69 was 4.41 in 2024
Short-term debts fell from €459,259 to €74,144.
At the same address
13 companies
Position in the sector
€4.4m
Higher net result than 88% of companies in financial services. Sector median €104,299 · 3,037 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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
1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
17 days early
2024
34 days early
2023
21 days early
2022
28 days late
2021
39 days early
2020
12 days early
2019
23 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 17 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 11 July (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
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
BB
BALTO BV
Director
- MILAUHRET 100%score 91equity €47.9m (2025) · 2025 annual accounts of MILAUHRET
Shares in 14 companies, including IMEAU and ABRIM
Board & ownershipRecent changes
Reappointment: VRC BEDRIJFSREVISOREN BV (statutory auditor)
General meeting of 06-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436303030
First establishment
Vredestraat 49, Waregem
Incorporation
published on 20-01-1989 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| SUFINA Waregem | €647,962 | -51.7% | 75.3% | 1.8 |
| SOPAR Roeselare | €653,991 | 6.8% | 83.2% | 2.3 |
| SOVEK Roeselare | €782,705 | -3.7% | 84.3% | 2.9 |
| Kuge Invest Olen | €868,380 | 63.2% | 99.2% | 1.8 |
| MDM Sint-Martens-Latem | €615,177 | -46.2% | 69.7% | 1.9 |
| SOCONORD GROUP Ixelles | €633,133 | -92.4% | 71.3% | 2 |
| PEATINVEST Sint-Martens-Latem | €691,651 | 52.0% | 37.3% | 2 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SUFINA: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €31m and €62m, founded between 1986 and 1997.
Official details
Source: KBO- Status
- Active since 23-12-1988Normal situation
- Registered office
- 15 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
- Activity
- Activities of holding companiesNACE 64210
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.041.827.6308790 Waregem, since 26-01-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Annual accounts 2025
- Total assets
- €36.4m▲ 1.3%
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Companies linked to SUFINA
Subsidiaries and holdings
- BOUWBEDRIJF VMG - DE COCK73%
- Auhreum66.66%
- BLUECAP HOLDING62.5%
- BALUHOLD60%
- DG²60%
- Pintohold60%
- WINSOL INTERNATIONAL58.13%
- LINGERIE FRAGILE50%
Insights on SUFINA
SUFINA has existed since 1988. The balance sheet total grew from €15.3m in 2006 to €36.4m in 2025, while staff fell from 4.5 to 1.8 full-time equivalents.
The balance sheet total has grown every year since 2022. Solvency rose in 2025 from 63.9% to 75.3% because of the retained profit and lower debts.
MILAUHRET holds all the shares.
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 SUFINA
- What is the company number of SUFINA?
- The company number of SUFINA is 0436.303.030. The VAT number is the same number with BE in front: BE 0436.303.030.
- Where is SUFINA based?
- The registered office is at Vredestraat 49, 8790 Waregem.Company details
- What does SUFINA do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of SUFINA?
- SUFINA is a private limited company (BV).
- When was SUFINA founded?
- SUFINA was founded on 23-12-1988.
- Is SUFINA still active?
- Yes, SUFINA is an active enterprise in the KBO register.
- How many employees does SUFINA have?
- SUFINA had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SUFINA fall under?
- In its 2025 annual accounts, SUFINA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of SUFINA?
- The turnover of SUFINA was €647,962 in financial year 2025, according to the filed annual accounts.
- Is SUFINA profitable?
- In financial year 2025, SUFINA made a profit of €4.4m.
- Where can I find the annual accounts of SUFINA?
- SUFINA filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SUFINA due?
- SUFINA 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 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 See which support similar companies received that this one did not.Subsidies See the other companies in the same group.MILAUHRET · 37 companies
See how customers, suppliers and banks see your own company and what to improve first.