What does S2F FINANCES do?

S2F FINANCES is filed with the CBE under the catch-all “Agenten en makelaars in bankdiensten”, a code that says little about what the company actually does. Private Limited, started on 19 August 2016, 4 establishments.

What is the address of S2F FINANCES?

The registered office of S2F FINANCES is located at Place de Salm 1/0a, 6690 Vielsalm.

Is S2F FINANCES still active?

Yes. According to the CBE (31 October 2026) S2F FINANCES is active, legal situation “Normale toestand”, started on 19 August 2016.

Is S2F FINANCES registered on Peppol?

Yes, S2F FINANCES is registered on the Peppol network with ID 0208:0661582461.

What is the enterprise number of S2F FINANCES?

The enterprise number of S2F FINANCES is BE0661582461.

When was S2F FINANCES founded?

S2F FINANCES was founded on 19 August 2016.

Is S2F FINANCES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 August 2016; 5 annual accounts filed, latest fiscal year 2025; 4 establishments in the CBE.

How much profit did S2F FINANCES make in 2025?

S2F FINANCES posted a profit after taxes of € 720,121 in financial year 2025.

What is the revenue of S2F FINANCES?

As a small company, S2F FINANCES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,041,793.

How much does an employee at S2F FINANCES earn?

The average wage cost per full-time employee at S2F FINANCES was € 66,000 in 2025: staff costs of € 693,229 for 10.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does S2F FINANCES have?

According to the 2025 annual accounts, S2F FINANCES has 10.5 full-time equivalents (FTE).

S2F FINANCES (Private Limited) - Vielsalm - BE0661582461

Dossier S2F FINANCES, printed on 1 November 2026 from databakkes.be/en/0661582461/s2f-finances. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 16 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

S2F FINANCES from Vielsalm, company number BE0661582461, closed financial year 2025 with a result of € 720,121 after tax. For that financial year S2F FINANCES recorded a gross margin of € 2 million and equity of € 35,805. Compared with financial year 2024, the result moved from € 553,281 to € 720,121. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.

What it is worth Healthy

€ 35,805

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 720,121

▲ 30% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 196,660

▼ 17% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 720,121 paid out

100 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

10.5

▲ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 693,229

▲ 25% vs 2024

€ 66,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 23,768

▼ 42% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2 million

▼ 11% vs 2024

€ 340,737 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 40,211

▲ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 290,130

▲ 51% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,277,299 Gross margin 2022: € 1,277,299 First fiscal year in the series	€ 2,542,076 Gross margin 2023: € 2,542,076 ▲ 99% vs 2022 (€ 1,277,299) Favourable step	€ 1,701,351 Gross margin 2024: € 1,701,351 ▼ 33% vs 2023 (€ 2,542,076) Unfavourable step	€ 2,041,793 Gross margin 2025: € 2,041,793 ▲ 20% vs 2024 (€ 1,701,351) Favourable step	▲ 20%
Profit after taxes	€ 449,572 Profit after taxes 2022: € 449,572 First fiscal year in the series	€ 1,335,811 Profit after taxes 2023: € 1,335,811 ▲ 197% vs 2022 (€ 449,572) Favourable step	€ 553,281 Profit after taxes 2024: € 553,281 ▼ 59% vs 2023 (€ 1,335,811) Unfavourable step	€ 720,121 Profit after taxes 2025: € 720,121 ▲ 30% vs 2024 (€ 553,281) Favourable step	▲ 30%
Equity	€ 37,895 Equity 2022: € 37,895 First fiscal year in the series	€ 43,705 Equity 2023: € 43,705 ▲ 15% vs 2022 (€ 37,895) Favourable step	€ 35,805 Equity 2024: € 35,805 ▼ 18% vs 2023 (€ 43,705) Unfavourable step	€ 35,805 Equity 2025: € 35,805 Unchanged (€ 35,805) Unchanged
Total debts	€ 1,372,729 Total debts 2022: € 1,372,729 First fiscal year in the series	€ 3,665,965 Total debts 2023: € 3,665,965 ▲ 167% vs 2022 (€ 1,372,729) Unfavourable step	€ 3,189,585 Total debts 2024: € 3,189,585 ▼ 13% vs 2023 (€ 3,665,965) Favourable step	€ 3,013,986 Total debts 2025: € 3,013,986 ▼ 6% vs 2024 (€ 3,189,585) Favourable step	▼ 6%
Cash	€ 41,435 Cash 2022: € 41,435 First fiscal year in the series	€ 282,068 Cash 2023: € 282,068 ▲ € 240,634 vs 2022 (€ 41,435) Favourable step	€ 238,163 Cash 2024: € 238,163 ▼ 16% vs 2023 (€ 282,068) Unfavourable step	€ 196,660 Cash 2025: € 196,660 ▼ 17% vs 2024 (€ 238,163) Unfavourable step	▼ 17%
Land & buildings	€ 687 Land & buildings 2022: € 687 First fiscal year in the series	€ 551 Land & buildings 2023: € 551 ▼ 20% vs 2022 (€ 687) Unchanged	€ 414 Land & buildings 2024: € 414 ▼ 25% vs 2023 (€ 551) Unchanged	€ 278 Land & buildings 2025: € 278 ▼ 33% vs 2024 (€ 414) Unchanged	▼ 33%
Retained profit	€ 5,345 Retained profit 2022: € 5,345 First fiscal year in the series	€ 11,155 Retained profit 2023: € 11,155 ▲ 109% vs 2022 (€ 5,345) Favourable step	€ 3,255 Retained profit 2024: € 3,255 ▼ 71% vs 2023 (€ 11,155) Unfavourable step	€ 3,255 Retained profit 2025: € 3,255 Unchanged (€ 3,255) Unchanged
Dividend	€ 450,000 Dividend 2022: € 450,000 First fiscal year in the series	€ 1,330,000 Dividend 2023: € 1,330,000 ▲ 196% vs 2022 (€ 450,000) Unchanged	€ 561,181 Dividend 2024: € 561,181 ▼ 58% vs 2023 (€ 1,330,000) Unchanged	€ 720,121 Dividend 2025: € 720,121 ▲ 28% vs 2024 (€ 561,181) Unchanged	▲ 28%
Bank debt	€ 707,277 Bank debt 2022: € 707,277 First fiscal year in the series	€ 2,546,605 Bank debt 2023: € 2,546,605 ▲ 260% vs 2022 (€ 707,277) Unfavourable step	€ 2,242,714 Bank debt 2024: € 2,242,714 ▼ 12% vs 2023 (€ 2,546,605) Favourable step	€ 1,991,235 Bank debt 2025: € 1,991,235 ▼ 11% vs 2024 (€ 2,242,714) Favourable step	▼ 11%
Balance sheet total	€ 1,410,624 Balance sheet total 2022: € 1,410,624 First fiscal year in the series	€ 3,709,671 Balance sheet total 2023: € 3,709,671 ▲ 163% vs 2022 (€ 1,410,624) Unchanged	€ 3,225,390 Balance sheet total 2024: € 3,225,390 ▼ 13% vs 2023 (€ 3,709,671) Unchanged	€ 3,049,791 Balance sheet total 2025: € 3,049,791 ▼ 5% vs 2024 (€ 3,225,390) Unchanged	▼ 5%
Employees (FTE)	11 Employees (FTE) 2022: 11 First fiscal year in the series	10.6 Employees (FTE) 2023: 10.6 ▼ 0.4 vs 2022 (11) Unchanged	10.2 Employees (FTE) 2024: 10.2 ▼ 0.4 vs 2023 (10.6) Unchanged	10.5 Employees (FTE) 2025: 10.5 ▲ 0.3 vs 2024 (10.2) Unchanged	▲ 0.3

Key figures of S2F FINANCES, 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 S2F FINANCES?

What happened at S2F FINANCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 29, 2026 New annual accounts for financial year 2025: profit of € 720,121 (▲ 30% vs 2024). Source: NBB ↗
Jul 1, 2023 New establishment in Malmedy. KBO
Feb 1, 2018 New establishment in Aywaille. KBO
Dec 1, 2017 New establishment in Spa. KBO
Oct 1, 2016 New establishment in Vielsalm. KBO
Aug 19, 2016 Start of the company according to the CBE. KBO

In short

From € 449,572 profit in 2022 to € 720,121 profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.3 million profit.

On average € 194,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Place de Salm 1/0a

6690 Vielsalm

2.274.643.169

Place du Monument 1

4900 Spa

Active since 1 December 2017

2.274.643.268

Place Joseph Thiry 43

4920 Aywaille

Active since 1 February 2018

2.364.393.410

Place Albert Ier 46

4960 Malmedy

Active since 1 July 2023

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0661.582.461
VAT number: BE 0661.582.461
Registered office: Place de Salm 1/0a, 6690 Vielsalm
Names & denominations: S2F FINANCES
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 19 August 2016
Peppol: Active · Active since 25 Sept 2025
Activities · NACE: Agenten en makelaars in bankdiensten

View on CBE Public ↗ Annual accounts (NBB) ↗

S2F FINANCES