Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
S.F. FINE ARTS from Leuven, company number BE0458476834, closed financial year 2024 with a result of € -3,151 after tax. For that financial year S.F. FINE ARTS recorded a gross margin of € -341 and equity of € -74,236. Compared with financial year 2023, the result moved from € -6,624 to € -3,151. 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 May 30, 2025.
€ -74,236
▼ € 3,151 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,151
▲ 52 % less loss than in 2023
Profit after tax over the fiscal year.
€ 50
▼ 73% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -144,236.
Debts at end 2024
€ 100,000
Loans from banks and other lenders, long and short.
€ 7,120
▲ 32% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -6,241 | € -1,385 | € -5,840 | € -341 | ▲ € 5,499 |
| Profit after taxes | € -6,615 | € -2,161 | € -6,624 | € -3,151 | ▲ € 3,474 |
| Equity | € -62,300 | € -64,461 | € -71,085 | € -74,236 | ▼ € 3,151 |
| Total debts | € 180,019 | € 179,718 | € 182,297 | € 140,069 | ▼ 23% |
| Cash | € 2,393 | € 16 | € 188 | € 50 | ▼ 73% |
| Retained profit | € -132,300 | € -134,461 | € -141,085 | € -144,236 | ▼ € 3,151 |
| Bank debt | € 0 | € 0 | € 0 | € 100,000 | |
| Balance sheet total | € 117,719 | € 115,257 | € 111,211 | € 65,832 | ▼ 41% |
Key figures of S.F. FINE ARTS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to S.F. FINE ARTS?
What happened at S.F. FINE ARTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,151. Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,615 loss in 2021 to € 3,151 loss in 2024.
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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 S.F. FINE ARTS are Medhi Rezvani and Farid Rezvani.
Directors
According to the 2024 annual accounts
Medhi Rezvani
Director
Farid Rezvani
Director
Establishments
Establishment units
Physical locations of this company
Bondgenotenlaan 137
3000 Leuven
Bondgenotenlaan 167
3000 Leuven
Active since 3 August 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.476.834
- VAT number
- BE 0458.476.834
- Registered office
- Bondgenotenlaan 137, 3000 Leuven
- Names & denominations
- S.F. FINE ARTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1996
- Peppol
- Not registered
- Activities · NACE
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