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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Busy address KBO
82 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SFAR-POLDERS from Brussel, company number BE0808619021, closed financial year 2025 with a result of € -1,794 after tax. For that financial year SFAR-POLDERS recorded a gross margin of € -9,610 and equity of € 72,890. Compared with financial year 2024, the result moved from € -5,917 to € -1,794. The company made a loss. 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 June 12, 2026.
€ 72,890
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,794
▲ 70 % less loss than in 2024
Profit after tax over the fiscal year.
€ 444
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11,390.
Debts at end 2025
€ 5.2 million
▼ 5% vs 2024
€ 292,799 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 25,796
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,044 | € -8,886 | € -8,652 | € -9,610 | ▼ € 958 |
| Profit after taxes | € -7,730 | € -6,430 | € -5,917 | € -1,794 | ▲ € 4,123 |
| Equity | € 87,030 | € 80,600 | € 74,684 | € 72,890 | ▼ 2% |
| Total debts | € 6,304,044 | € 6,037,896 | € 5,752,346 | € 5,457,690 | ▼ 5% |
| Cash | € 110,652 | € 6,334 | € 969 | € 444 | ▼ 54% |
| Retained profit | € 25,530 | € 19,100 | € 13,184 | € 11,390 | ▼ 14% |
| Bank debt | € 6,047,027 | € 5,784,084 | € 5,511,544 | € 5,229,056 | ▼ 5% |
| Balance sheet total | € 6,405,074 | € 6,129,496 | € 5,838,030 | € 5,534,600 | ▼ 5% |
Key figures of SFAR-POLDERS, 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 SFAR-POLDERS?
What happened at SFAR-POLDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- finance&invest.brussels SA stepped down as director. NBB
- BRUSTART BY FINANCE&INVEST.BRUSSELS SA stepped down as director. NBB
- SFAR SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,794. Source: NBB ↗
- finance&invest.brussels SA became a director. NBB
- BRUSTART BY FINANCE&INVEST.BRUSSELS SA became a director. NBB
- SFAR SA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,730 loss in 2022 to € 1,794 loss in 2025.
Paid € 1,656 in corporate taxes since 2022.
Management
The shares are held by SFAR SA (99.8%) and finance&invest.brussels SA (0.2%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Denis TIMMERMANS
Owns 99.8% via SFAR SA
Also active at: BRUXELLES INFRASTRUCTURE FINANCE - BRUSSEL INFRASTUCTUUR FINANCIERING, BRUSERVICES, S.F.A.R., MAISON DE LA RADIO FLAGEY, BE ANGELS, THEODORUS III, INNOVATION FUND, SEEDER FUND +14 more
since 2025 · until 2030
BRUSTART BY FINANCE&INVEST.BRUSSELS SA
Director · represented by Guillaume LAMY
Also active at: S.F.A.R., CommuniThings, ALLERINVEST, BE CENTRAL, Rise Partners, SFAR-MIDI, SFAR-ALSEMBERG, OUAT ! +2 more
since 2025 · until 2030
Director · represented by Alexandre SMEETS
Also active at: SFAR-MIDI, SFAR-ALSEMBERG, SFAR-CHEMIN VERT, SFAR-ROUE
since 2025 · until 2030
Shareholders
SFAR SA · holding of finance&invest.brussels SA
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolstraat 70
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 82 companies are registered at this address.
All companies at this address →finance&invest.brussels same network
€ 20,250 revenue · 2025
IMMOWEB
€ 61.3 million revenue · 2025
KORN FERRY (BE)
€ 25.5 million revenue · 2026
BRUXELLES INFRASTRUCTURE FINANCE - BRUSSEL INFRASTUCTUUR FINANCIERING same network
€ 717,081 revenue · 2025
BRUSTART BY FINANCE&INVEST.BRUSSELS same network
+77 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
- 0808.619.021
- VAT number
- BE 0808.619.021
- Registered office
- Wolstraat 70, 1000 Brussel
- Names & denominations
- SFAR-POLDERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2008
- Peppol
- Active · Active since 24 Mar 2026
- Activities · NACE
Verhuur en exploitatie van terreinen