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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; 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 2025
SF - SA from Verlaine, company number BE0761630439, closed financial year 2025 with a result of € -6,373 after tax. For that financial year SF - SA recorded a gross margin of € 11,401 and equity of € 9,615. Compared with financial year 2024, the result moved from € -6,960 to € -6,373. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 9,615
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,373
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,981
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6,615.
People and assets in 2025
€ 40,300
▲ 149% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 34,469
€ 6,507 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,580
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,401
▲ 11% 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 | |
|---|---|---|---|---|---|
| Revenue | - | € 102,755 | - | - | |
| Gross margin | € 2,996 | € 22,241 | € 6,811 | € 11,401 | ▲ 67% |
| Profit after taxes | € -2,908 | € 11,043 | € -6,960 | € -6,373 | ▲ € 587 |
| Equity | € 11,905 | € 22,948 | € 15,988 | € 9,615 | ▼ 40% |
| Total debts | € 61,024 | € 20,678 | € 6,957 | € 43,450 | ▲ € 36,493 |
| Cash | € 4,652 | € 16,172 | € 1,619 | € 1,981 | ▲ 22% |
| Retained profit | € 8,905 | € 19,948 | € 12,988 | € 6,615 | ▼ 49% |
| Bank debt | € 49,613 | € 0 | € 0 | € 34,469 | |
| Balance sheet total | € 72,928 | € 43,626 | € 22,944 | € 53,065 | ▲ 131% |
Key figures of SF - SA, 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 SF - SA?
What happened at SF - SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,373. Source: NBB ↗
- New establishment in Verlaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,908 loss in 2022 to € 6,373 loss in 2025.
Paid € 19,926 in corporate taxes since 2022.
Best year ever: 2023, with € 11,043 profit.
Management
Behind SF - SA are Sarah Demanet and Amaury Lejeune.
Directors
According to the 2025 annual accounts
Sarah Demanet
Administrator-manager
Amaury Lejeune
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Rue Bois Léon(BOD) 69
4537 Verlaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.630.439
- VAT number
- BE 0761.630.439
- Registered office
- Rue Bois Léon(BOD) 69, 4537 Verlaine
- Names & denominations
- SF - SA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2021
- Peppol
- Not registered
- Contact
- [email protected] +32498089415