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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Late annual account NBB
Fiscal year 2025 was filed 185 days after the legal deadline.
Financials
Financial year 2025
S F 1 from Oudenaarde, company number BE0631743281, closed financial year 2025 with a result of € 28,386 after tax. For that financial year S F 1 recorded a gross margin of € 36,312 and equity of € 205,562. Compared with financial year 2024, the result moved from € 22,694 to € 28,386. 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 August 3, 2026.
€ 205,562
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,386
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 2,870
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 155,562.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,321
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 38,000
▼ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 64,773
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,052
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,604 | € 70,217 | € 46,129 | € 36,312 | ▼ 21% |
| Profit after taxes | € 63,334 | € 59,460 | € 22,694 | € 28,386 | ▲ 25% |
| Equity | € 95,022 | € 154,482 | € 177,176 | € 205,562 | ▲ 16% |
| Total debts | € 397,060 | € 96,200 | € 172,242 | € 107,825 | ▼ 37% |
| Cash | € 235,858 | € 58,305 | € 1,735 | € 2,870 | ▲ 65% |
| Retained profit | € 45,022 | € 104,482 | € 127,176 | € 155,562 | ▲ 22% |
| Bank debt | € 12,481 | € 731 | € 47,419 | € 38,000 | ▼ 20% |
| Balance sheet total | € 492,082 | € 250,682 | € 349,418 | € 313,386 | ▼ 10% |
Key figures of S F 1, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to S F 1?
What happened at S F 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,386 (▲ 25% vs 2024). filed late Source: NBB ↗
- New establishment in Stavelot. KBO
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,334 profit in 2022 to € 28,386 profit in 2025.
Paid € 2,686 in corporate taxes since 2022.
Best year ever: 2022, with € 63,334 profit.
Management
Behind S F 1 is Sven Penninck.
Directors
According to the 2025 annual accounts
Sven Penninck
Director
Establishments
Establishment units
Physical locations of this company
Meldenstraat 131
9700 Oudenaarde
Rue de Spa 144 box 8
4970 Stavelot
Active since 3 June 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Domain
Domain
sf1.services
Registered
2015-07-09
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-07-09
Website info
Features
Security
Network
Details
- Company number
- 0631.743.281
- VAT number
- BE 0631.743.281
- Registered office
- Meldenstraat 131, 9700 Oudenaarde
- Names & denominations
- S F 1
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2015
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sf1.services
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