Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
SOCIETE IMMOBILIERE ET FORESTIERE from Elsene, company number BE0425109626, closed financial year 2026 with a result of € -412 after tax. Compared with financial year 2025, the result moved from € -149 to € -412. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ -633,495
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -412
▼ 176 % more loss than in 2025
Profit after tax over the fiscal year.
€ 88
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -827,176.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -1,665 | € -1,554 | € -149 | - | |
| Profit after taxes | € -2,065 | € -1,990 | € -149 | € -412 | ▼ € 262 |
| Equity | € -630,944 | € -632,934 | € -633,083 | € -633,495 | |
| Total debts | € 631,764 | € 633,156 | € 633,083 | € 633,583 | |
| Cash | € 820 | € 222 | - | € 88 | |
| Retained profit | € -824,624 | € -826,615 | € -826,764 | € -827,176 | |
| Bank debt | € 134,718 | € 134,718 | € 0 | € 0 | |
| Balance sheet total | € 820 | € 222 | € 0 | € 88 |
Key figures of SOCIETE IMMOBILIERE ET FORESTIERE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to SOCIETE IMMOBILIERE ET FORESTIERE?
What happened at SOCIETE IMMOBILIERE ET FORESTIERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 412. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,065 loss in 2023 to € 412 loss in 2026.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SOCIETE IMMOBILIERE ET FORESTIERE are Alexandra Vannesse and Adrien Sepulchre. Alexandra Vannesse is also behind RR-0 and IMMO MOREAU.
Directors
According to the 2026 annual accounts
Adrien Sepulchre
Managing director
Establishments
Establishment units
Physical locations of this company
Georges Brugmannplein 8
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →The Dome Group
€ 4,039 gross margin · 2025
Association des copropriétaires de l'immeuble sis à Ixelles, place Georges Brugmann 8
Sarah Lavoine BE
€ -47,212 gross margin · 2025
SEPCO INVEST
€ 1 million gross margin · 2024
SMGC
€ 188,732 gross margin · 2024
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.109.626
- VAT number
- BE 0425.109.626
- Registered office
- Georges Brugmannplein 8, 1050 Elsene
- Names & denominations
- SOCIETE IMMOBILIERE ET FORESTIERE · SIFOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1984
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Exploitatie van bossen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Groothandel in hout
Detailhandel in andere huishoudelijke artikelen, neg
Bosexploitatie
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.
Diverse administratieve activiteiten ten behoeve van kantoren
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren