Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SFSF from Brussel, company number BE0464739569, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year SFSF recorded a gross margin of € 1 million and equity of € 148.7 million. Compared with financial year 2024, the result moved from € -970,524 to € 2.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 148.7 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▲ still € 970,524 loss in 2024
Profit after tax over the fiscal year.
€ 485,997
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,066
▲ 298% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 711,667
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,423 | € 379,140 | € 283,308 | € 1,001,846 | ▲ 254% |
| Profit after taxes | € -8,797,612 | € 603,611 | € -970,524 | € 2,880,379 | ▲ € 3.9 million |
| Equity | € 146,199,512 | € 146,803,123 | € 145,832,599 | € 148,712,979 | ▲ 2% |
| Total debts | € 3,880,244 | € 4,498,312 | € 3,818,771 | € 4,247,972 | ▲ 11% |
| Cash | € 1,901,754 | € 10,229,336 | € 620,227 | € 485,997 | ▼ 22% |
| Retained profit | € 68,565,657 | € 69,169,268 | € 68,198,745 | € 71,079,124 | ▲ 4% |
| Bank debt | € 1 | € 0 | € 1 | € 0 | ▼ 100% |
| Balance sheet total | € 150,079,756 | € 151,301,435 | € 149,651,370 | € 152,960,951 | ▲ 2% |
Key figures of SFSF, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SFSF?
What happened at SFSF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.9 million. Source: NBB ↗
- Berckmoes Tim became a director. NBB
- Quevrain Alain became a director. NBB
- Bart Steukers became a director. NBB
- Kurt Ceuppens became a director. NBB
- Lode Peeters became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8.8 million loss in 2022 to € 2.9 million profit in 2025.
Paid € 2.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.9 million profit.
A new publication or filing at SFSF? We notify you, reason included.
Follow SFSFDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 SFSF are Berckmoes Tim, Kurt Ceuppens, Quevrain Alain, Bart Steukers and Lode Peeters. Berckmoes Tim is also behind Constructiewerkhuizen E. Van Wingen. Kurt Ceuppens is also behind AGORIA, Kurt Ceuppens, nviso, Cyber Security Challenge and NVISO Belgium.
Directors
According to the 2025 annual accounts
since 2025
Kurt Ceuppens
Director
Also active at: AGORIA, Kurt Ceuppens, nviso, Cyber Security Challenge, NVISO Belgium
since 2023
Quevrain Alain
Director
since 2025
Bart Steukers
Director
since 2024
since 2023
Establishments
Establishment units
Physical locations of this company
Ravensteinstraat 4
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →AGORIA REAL ESTATE
€ 8.7 million revenue · 2025
Compagnie Immobilière de Belgique
€ 565,686 gross margin · 2025
CENTRE DE RECHERCHES METALLURGIQUES - CENTRUM VOOR RESEARCH IN DE METALLURGIE
AGORIA same network
€ 9.5 million revenue · 2025
Sirris, het collectief centrum van de technologische industrie
+10 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
- 0464.739.569
- VAT number
- BE 0464.739.569
- Registered office
- Ravensteinstraat 4, 1000 Brussel
- Names & denominations
- SFSF
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 7 October 1998
- Peppol
- Not registered