SFK
SFK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €500k and a net result of €11k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 37% of 19340 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €500k |
| Net result | €11k |
| Staff (FTE) | 1 |
| Better than sector | 37% |
Fragile profile, watch solvency in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.7% | 31.1% | |
| Net result | €11k | €4k | |
| Equity | €500k | €87k | |
| Gross operating margin | €334k | €39k | |
| Staff costs | €48k | €30k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €281k | €283k | €339k | €109k | €-14k |
| Net profit | €11k | €91k | €199k | €19k | €70k |
| Cash flow | €233k | €256k | €316k | €92k | €136k |
| Staff costs | €48k | €45k | €28k | - | - |
| Income taxes | - | €2k | - | - | €-1k |
| Dividends | - | - | - | - | - |
| Total assets | €3.19M | €2.97M | €2.44M | €1.61M | €1.60M |
| Equity | €500k | €489k | €398k | €199k | €180k |
| Debt | €2.69M | €2.48M | €2.04M | €1.41M | €1.42M |
| of which ≤ 1y | €1.25M | €1.14M | €1.10M | €820k | €1.13M |
| of which > 1y | €1.40M | €1.31M | €941k | €592k | €288k |
| Working capital | €-1.05M | €-812k | €-708k | €-527k | €-659k |
| Employees (FTE) | 1.0 | - | 1.0 | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 0.16 | 0.29 | 0.35 | 0.36 | 0.42 |
| Quick ratio | 0.16 | 0.20 | 0.35 | 0.35 | 0.15 |
| Working capital ratio | -32.9% | -27.4% | -29.1% | -32.7% | -41.1% |
| Solvency | 15.7% | 16.5% | 16.3% | 12.3% | 11.2% |
| Debt / equity | 5.38 | 5.07 | 5.12 | 7.10 | 1.60 |
| Long-term debt ratio | 2.79 | 2.68 | 2.36 | 2.98 | 1.60 |
| Interest coverage | 5.81 | 7.59 | 14.51 | 6.47 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.3% | 3.1% | 8.2% | 1.2% | 4.4% |
| ROE | 2.1% | 18.5% | 50.0% | 9.5% | 38.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €3.19M | €2.97M | €2.44M | €1.61M | €1.60M |
| Fixed assets | 21/28 | €2.98M | €2.64M | €2.05M | €1.32M | €1.13M |
| Tangible fixed assets | 22/27 | €2.87M | €2.53M | €1.93M | €1.18M | €1.01M |
| Financial fixed assets | 28 | €114k | €114k | €114k | €134k | €113k |
| Current assets | 29/58 | €202k | €325k | €389k | €294k | €475k |
| Stocks & contracts in progress | 3 | - | €101k | - | €6k | €307k |
| Amounts receivable within one year | 40/41 | €177k | €220k | €374k | €139k | €165k |
| Cash & bank | 54/58 | €26k | €5k | €2k | €142k | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.19M | €2.97M | €2.44M | €1.61M | €1.60M |
| Equity | 10/15 | €500k | €489k | €398k | €199k | €180k |
| Contributions / capital | 10/11 | €100k | €100k | €100k | €100k | - |
| Reserves | 13 | €10k | €10k | €10k | €10k | €10k |
| Accumulated profits (losses) | 14 | €390k | €379k | €288k | €89k | €70k |
| Amounts payable | 17/49 | €2.69M | €2.48M | €2.04M | €1.41M | €1.42M |
| Amounts payable after one year | 17 | €1.40M | €1.31M | €941k | €592k | €288k |
| Amounts payable within one year | 42/48 | €1.25M | €1.14M | €1.10M | €820k | €1.13M |
| Trade debts payable within one year | 44 | €263k | €29k | €88k | €11k | €101k |
| Income statement | ||||||
| Gross operating margin | 9900 | €334k | €337k | €374k | €110k | €-14k |
| Operating result | 9901 | €59k | €118k | €223k | €36k | €-80k |
| Financial income | 75 | €36 | €11k | €0 | €10 | €3 |
| Financial charges | 65 | €48k | €37k | €23k | €17k | €9k |
| Result before taxes | 9903 | €11k | €92k | €199k | €19k | €-89k |
| Income taxes | 67/77 | - | €2k | - | - | €-1k |
| Net result for the period | 9904 | €11k | €91k | €199k | €19k | €-88k |
| Result to be appropriated | 9905 | €11k | €91k | €199k | €19k | €-88k |
| NACE primary | Development of residential building projects(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 04-06-2015 |
| Status | Active |
| Postal code | 5003 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84030B0121/00K000 | Wallonia | 1,363 m² | 1 · 436 m² | 10.8 m · 3 fl. |
| 92106A0089/00Y004 | Wallonia | 874 m² | 1 · 59 m² | 10.7 m · 3 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-04-2022 Transaction in capital or shares
Technical details
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"act_meta": {
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}| Legal nameFR | SFK |