What does SFAR-MIDI do?

SFAR-MIDI is a property company in Brussel. Public Limited, started on 26 February 2010, 1 establishment.

What is the address of SFAR-MIDI?

The registered office of SFAR-MIDI is located at Wolstraat 70, 1000 Brussel.

Is SFAR-MIDI still active?

Yes. According to the CBE (29 October 2026) SFAR-MIDI is active, legal situation “Normale toestand”, started on 26 February 2010.

Is SFAR-MIDI registered on Peppol?

Yes, SFAR-MIDI is registered on the Peppol network with ID 0208:0823472887.

What is the enterprise number of SFAR-MIDI?

The enterprise number of SFAR-MIDI is BE0823472887.

When was SFAR-MIDI founded?

SFAR-MIDI was founded on 26 February 2010.

Who are the directors of SFAR-MIDI?

According to the 2025 annual accounts, the directors of SFAR-MIDI are: finance&invest.brussels SA, BRUSTART BY FINANCE&INVEST.BRUSSELS SA, SFAR SA.

Is SFAR-MIDI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 February 2010; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SFAR-MIDI make in 2025?

SFAR-MIDI posted a profit after taxes of € 29,214 in financial year 2025.

What is the revenue of SFAR-MIDI?

As a small company, SFAR-MIDI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 21,872.

SFAR-MIDI (Public Limited) - Brussel - BE0823472887

Dossier SFAR-MIDI, printed on 29 October 2026 from databakkes.be/en/0823472887/sfar-midi. 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.

Figures corrected NBB

Corrected annual account filed for 2023.
Busy address KBO

82 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

SFAR-MIDI from Brussel, company number BE0823472887, closed financial year 2025 with a result of € 29,214 after tax. For that financial year SFAR-MIDI recorded a gross margin of € 21,872 and equity of € 463,637. Compared with financial year 2024, the result moved from € 64,722 to € 29,214. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.

What it is worth Growing

€ 463,637

▲ 7% vs 2024

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

Profit Healthy

€ 29,214

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6,936

▼ 94% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 402,137.

Debts at end 2025

Bank debt ≈ 20 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.

€ 20.5 million

▼ 4% vs 2024

€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 20,973

▲ 14% vs 2024

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

Taxes

€ 18,497

▼ 20% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 48,701 Gross margin 2022: € 48,701 First fiscal year in the series	€ 20,546 Gross margin 2023: € 20,546 ▼ 58% vs 2022 (€ 48,701) Unfavourable step	€ 20,215 Gross margin 2024: € 20,215 ▼ 2% vs 2023 (€ 20,546) Unfavourable step	€ 21,872 Gross margin 2025: € 21,872 ▲ 8% vs 2024 (€ 20,215) Favourable step	▲ 8%
Profit after taxes	€ 11,468 Profit after taxes 2022: € 11,468 First fiscal year in the series	€ 21,820 Profit after taxes 2023: € 21,820 ▲ 90% vs 2022 (€ 11,468) Favourable step	€ 64,722 Profit after taxes 2024: € 64,722 ▲ 197% vs 2023 (€ 21,820) Favourable step	€ 29,214 Profit after taxes 2025: € 29,214 ▼ 55% vs 2024 (€ 64,722) Unfavourable step	▼ 55%
Equity	€ 347,881 Equity 2022: € 347,881 First fiscal year in the series	€ 369,701 Equity 2023: € 369,701 ▲ 6% vs 2022 (€ 347,881) Favourable step	€ 434,423 Equity 2024: € 434,423 ▲ 18% vs 2023 (€ 369,701) Favourable step	€ 463,637 Equity 2025: € 463,637 ▲ 7% vs 2024 (€ 434,423) Favourable step	▲ 7%
Total debts	€ 23,813,658 Total debts 2022: € 23,813,658 First fiscal year in the series	€ 23,152,679 Total debts 2023: € 23,152,679 ▼ 3% vs 2022 (€ 23,813,658) Favourable step	€ 22,399,469 Total debts 2024: € 22,399,469 ▼ 3% vs 2023 (€ 23,152,679) Favourable step	€ 21,486,834 Total debts 2025: € 21,486,834 ▼ 4% vs 2024 (€ 22,399,469) Favourable step	▼ 4%
Cash	€ 32,249 Cash 2022: € 32,249 First fiscal year in the series	€ 9,212 Cash 2023: € 9,212 ▼ 71% vs 2022 (€ 32,249) Unfavourable step	€ 125,230 Cash 2024: € 125,230 ▲ € 116,017 vs 2023 (€ 9,212) Favourable step	€ 6,936 Cash 2025: € 6,936 ▼ 94% vs 2024 (€ 125,230) Unfavourable step	▼ 94%
Retained profit	€ 286,381 Retained profit 2022: € 286,381 First fiscal year in the series	€ 308,201 Retained profit 2023: € 308,201 ▲ 8% vs 2022 (€ 286,381) Favourable step	€ 372,923 Retained profit 2024: € 372,923 ▲ 21% vs 2023 (€ 308,201) Favourable step	€ 402,137 Retained profit 2025: € 402,137 ▲ 8% vs 2024 (€ 372,923) Favourable step	▲ 8%
Bank debt	€ 22,765,478 Bank debt 2022: € 22,765,478 First fiscal year in the series	€ 21,971,847 Bank debt 2023: € 21,971,847 ▼ 3% vs 2022 (€ 22,765,478) Favourable step	€ 21,310,397 Bank debt 2024: € 21,310,397 ▼ 3% vs 2023 (€ 21,971,847) Favourable step	€ 20,458,366 Bank debt 2025: € 20,458,366 ▼ 4% vs 2024 (€ 21,310,397) Favourable step	▼ 4%
Balance sheet total	€ 24,251,538 Balance sheet total 2022: € 24,251,538 First fiscal year in the series	€ 23,612,380 Balance sheet total 2023: € 23,612,380 ▼ 3% vs 2022 (€ 24,251,538) Unchanged	€ 22,868,892 Balance sheet total 2024: € 22,868,892 ▼ 3% vs 2023 (€ 23,612,380) Unchanged	€ 21,985,471 Balance sheet total 2025: € 21,985,471 ▼ 4% vs 2024 (€ 22,868,892) Unchanged	▼ 4%

Key figures of SFAR-MIDI, 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-MIDI?

What happened at SFAR-MIDI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 finance&invest.brussels SA stepped down as director. NBB
2030 BRUSTART BY FINANCE&INVEST.BRUSSELS SA stepped down as director. NBB
2030 SFAR SA stepped down as director. NBB
Jun 12, 2026 New annual accounts for financial year 2025: profit of € 29,214 (▼ 55% vs 2024). Source: NBB ↗
2025 finance&invest.brussels SA became a director. NBB
2025 BRUSTART BY FINANCE&INVEST.BRUSSELS SA became a director. NBB
2025 SFAR SA became a director. NBB
Feb 26, 2010 New establishment in Brussel. KBO

In short

From € 11,468 profit in 2022 to € 29,214 profit in 2025.

Paid € 90,690 in corporate taxes since 2022.

Best year ever: 2024, with € 64,722 profit.

Original PDFs at the National Bank ↗

Management

SFAR SA 99.8%

finance&invest.brussels SA 0.2%

SFAR-MIDI

The shares are held by SFAR SA (99.8%) and finance&invest.brussels SA (0.2%).

Directors

According to the 2025 annual accounts

finance&invest.brussels SA

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-POLDERS, SFAR-ALSEMBERG, OUAT ! +2 more

since 2025 · until 2030

SFAR SA

Director · represented by Alexandre SMEETS

Also active at: SFAR-POLDERS, SFAR-ALSEMBERG, SFAR-CHEMIN VERT, SFAR-ROUE

since 2025 · until 2030

Shareholders

SFAR SA · holding of finance&invest.brussels SA

99.8%

finance&invest.brussels SA

0.2%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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

0823.472.887

VAT number

BE 0823.472.887

Registered office

Wolstraat 70, 1000 Brussel

Names & denominations

SFAR-MIDI

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 February 2010

Peppol

Active · Active since 24 Mar 2026

Activities · NACE

Verhuur en exploitatie van sociale woningen

Algemene bouw van residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

SFAR-MIDI

Warning lights

Financials

What happened to SFAR-MIDI?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions