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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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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-ROUE from Brussel, company number BE0894362071, closed financial year 2025 with a result of € 3,564 after tax. For that financial year SFAR-ROUE recorded a gross margin of € -21,399 and equity of € 2,432. Compared with financial year 2024, the result moved from € -3,800 to € 3,564. Profitable, and profit is growing. 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.
€ 2,432
▲ € 3,564 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,564
▲ still € 3,800 loss in 2024
Profit after tax over the fiscal year.
€ 3,509
▲ € 2,928 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -59,068.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 55,306
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -15,946 | € -33,302 | € -20,176 | € -21,399 | ▼ € 1,223 |
| Profit after taxes | € -18,296 | € -29,136 | € -3,800 | € 3,564 | ▲ € 7,364 |
| Equity | € 31,803 | € 2,667 | € -1,132 | € 2,432 | ▲ € 3,564 |
| Total debts | € 46,253 | € 75,345 | € 58,482 | € 55,306 | ▼ 5% |
| Cash | € 206,902 | € 7,627 | € 581 | € 3,509 | ▲ € 2,928 |
| Retained profit | € -29,697 | € -58,833 | € -62,632 | € -59,068 | ▲ € 3,564 |
| Balance sheet total | € 208,056 | € 208,012 | € 176,824 | € 154,727 | ▼ 12% |
Key figures of SFAR-ROUE, 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-ROUE?
What happened at SFAR-ROUE 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
- S.F.A.R. SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,564. Source: NBB ↗
- finance&invest.brussels SA became a director. NBB
- BRUSTART BY FINANCE&INVEST.BRUSSELS SA became a director. NBB
- S.F.A.R. SA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,296 loss in 2022 to € 3,564 profit in 2025.
Paid € 1,902 in corporate taxes since 2022.
Best year ever: 2025, with € 3,564 profit.
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-POLDERS, SFAR-MIDI, SFAR-ALSEMBERG +2 more
since 2025 · until 2030
Director · represented by Alexandre SMEETS
Also active at: SFAR-POLDERS, SFAR-MIDI, SFAR-ALSEMBERG, SFAR-CHEMIN VERT
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
- 0894.362.071
- VAT number
- BE 0894.362.071
- Registered office
- Wolstraat 70, 1000 Brussel
- Names & denominations
- SFAR-ROUE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2007
- Peppol
- Active · Active since 24 Mar 2026
- Activities · NACE
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