Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SETIFIS from Brussel, company number BE0863928718, closed financial year 2024 with a result of € 5,011 after tax. For that financial year SETIFIS recorded a gross margin of € 7,807 and equity of € -72,032. Compared with financial year 2023, the result moved from € -14,729 to € 5,011. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ -72,032
▲ € 5,011 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,011
▲ still € 14,729 loss in 2023
Profit after tax over the fiscal year.
€ 29
▼ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -85,732.
People and assets in 2024
€ 5,857
▼ 13% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 440
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,569
▼ 52% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,337 | € 10,444 | € 18,197 | € 7,807 | ▼ 57% |
| Profit after taxes | € -12,522 | € -730 | € -14,729 | € 5,011 | ▲ € 19,740 |
| Equity | € -61,584 | € -62,314 | € -77,043 | € -72,032 | ▲ € 5,011 |
| Total debts | € 81,463 | € 85,474 | € 96,751 | € 79,474 | ▼ 18% |
| Cash | € 3,385 | € 5,514 | € 1,294 | € 29 | ▼ 98% |
| Retained profit | € -75,284 | € -76,014 | € -90,743 | € -85,732 | ▲ € 5,011 |
| Balance sheet total | € 19,879 | € 23,160 | € 19,708 | € 7,442 | ▼ 62% |
Key figures of SETIFIS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SETIFIS?
What happened at SETIFIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SETIFIS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 5,011. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,522 loss in 2021 to € 5,011 profit in 2024.
Best year ever: 2024, with € 5,011 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Zuidstraat 98A
1000 Brussel
Zuidstraat 98 box A
1000 Brussel
Active since 1 April 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.928.718
- VAT number
- BE 0863.928.718
- Registered office
- Zuidstraat 98A, 1000 Brussel
- Names & denominations
- SETIFIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 March 2004
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)