NORMAL SITUATION

SFAR-MIDDELWEG

Financial year 2021 · closed on 31/12/2021
Net result
20,2 k €
+261.3% YoY
Gross margin
-9,3 k €
+14.8% YoY
Equity
-14,9 k €
+57.5% YoY

Company — Normal situation.

What does SFAR-MIDDELWEG do?

SFAR-MIDDELWEG is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0893.487.784
Legal form
Public limited company
Contributed capital
61 500,00 €
Latest accounts
31/12/2021
Signals
Profitable
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2021202020192018201720162015201420132012201120092008
Income statement
Gross margin-9,3 k €-11 k €-9,2 k €
EBITDA-9,7 k €-11,3 k €-9,6 k €-15,8 k €-2,6 k €-22,9 k €-39,6 k €175,5 k €-47,1 k €-23,9 k €-23,1 k €-20,8 k €-24,3 k €
Operating result20,3 k €-11,3 k €-9,6 k €-15,8 k €-2,6 k €-22,9 k €-39,6 k €175,5 k €-47,1 k €-23,9 k €-23,1 k €-20,8 k €-24,3 k €
Net result20,2 k €-12,5 k €-9,6 k €-15,8 k €-2,7 k €-23,2 k €-38,1 k €167 k €-47,4 k €-24,1 k €-23,3 k €-20,9 k €-24,2 k €
Balance sheet
Equity-14,9 k €-35,1 k €-22,6 k €-13 k €2,8 k €5,5 k €28,7 k €66,8 k €-100,3 k €-52,9 k €-28,8 k €16,4 k €37,3 k €
Total assets8,1 k €9,7 k €25,3 k €32,5 k €41,5 k €65,5 k €104 k €152,1 k €10 M €3,9 M €745 k €213,1 k €46,6 k €
Cash3,2 k €8,8 k €23,4 k €30,7 k €40,4 k €63 k €103,2 k €147 k €158,7 k €1,6 k €3,7 k €6,4 k €6,3 k €
Debts23,1 k €14,9 k €18 k €15,5 k €8,8 k €20 k €35,3 k €75,4 k €9,9 M €4 M €770,9 k €196,8 k €9,4 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 13 ended

Active mandates

BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 08 avril 2020 · until 12 mars 2025 · 0448.925.797

Represented by Franc BOGOVIC

Active
finance&invest.brussels

Chairman of the board of directors · since 13 mars 2019 · until 12 mars 2025 · 0426.936.986

Represented by Etienne-Jean NOEL

Active
S.F.A.R.

Director · since 13 mars 2019 · until 12 mars 2025 · 0462.090.776

Represented by Alexandre SMEETS

Active

Ended mandates

BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 13 mars 2019 · until 12 mars 2025 · 0448.925.797

Represented by Jean-Luc VANRAES

Ended
finance&invest.brussels

Chairman of the board of directors · since 13 mars 2019 · until 12 mars 2025 · 0426.936.986

Represented by Etienne-Jean NOEL

Ended
BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 13 mars 2013 · until 13 mars 2019 · 0448.925.797

Represented by Jean-Luc VANRAES

Ended
BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 13 mars 2013 · until 13 mars 2019 · 0448.925.797

Represented by Jean-Luc VANRAES

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202223/04/202128/04/202023/05/201929/03/201820/07/2017
General meeting01/04/202225/03/202108/04/202013/03/201914/03/201811/07/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202101/04/202229/04/2022FrenchPDF
Abridged model31/12/202025/03/202123/04/2021FrenchPDF
Abridged model31/12/201908/04/202028/04/2020FrenchPDF
Full model31/12/201813/03/201923/05/2019FrenchPDF
Full model31/12/201714/03/201829/03/2018FrenchPDF
Full model31/12/201611/07/201720/07/2017FrenchPDF
Full model31/12/201509/03/201605/04/2016FrenchPDF
Full model31/12/201411/03/201519/03/2015FrenchPDF
Full model31/12/201312/03/201420/03/2014FrenchPDF
Full model31/12/201213/03/201323/04/2013FrenchPDF
Full model31/12/201125/04/201218/06/2012FrenchPDF
Full model31/12/201009/03/201107/04/2011FrenchPDF
Full model31/12/200931/03/201007/06/2010FrenchPDF
Full model31/12/200811/03/200903/04/2009FrenchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 13 ended

Active mandates

BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 08 avril 2020 · until 12 mars 2025 · 0448.925.797

Represented by Franc BOGOVIC

Active
finance&invest.brussels

Chairman of the board of directors · since 13 mars 2019 · until 12 mars 2025 · 0426.936.986

Represented by Etienne-Jean NOEL

Active
S.F.A.R.

Director · since 13 mars 2019 · until 12 mars 2025 · 0462.090.776

Represented by Alexandre SMEETS

Active

Ended mandates

BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 13 mars 2019 · until 12 mars 2025 · 0448.925.797

Represented by Jean-Luc VANRAES

Ended
finance&invest.brussels

Chairman of the board of directors · since 13 mars 2019 · until 12 mars 2025 · 0426.936.986

Represented by Etienne-Jean NOEL

Ended
BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 13 mars 2013 · until 13 mars 2019 · 0448.925.797

Represented by Jean-Luc VANRAES

Ended
BRUSTART BY FINANCE&INVEST.BRUSSELS

Director · since 13 mars 2013 · until 13 mars 2019 · 0448.925.797

Represented by Jean-Luc VANRAES

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution13/01/2023
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates06/05/2022
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/09/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/04/2018
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2021
    Annual accounts 202120,2 k €
  2. 2020
    Annual accounts 2020-12,5 k €
  3. 2019
    Annual accounts 2019-9,6 k €
  4. 2018
    Annual accounts 2018-15,8 k €
  5. 2017
    Annual accounts 2017-2,7 k €
  6. 2016
    Annual accounts 2016-23,2 k €
  7. 2015
    Annual accounts 2015-38,1 k €
  8. 2014
    Annual accounts 2014167 k €
  9. 2013
    Annual accounts 2013-47,4 k €
  10. 2012
    Annual accounts 2012-24,1 k €
  11. 2011
    Annual accounts 2011-23,3 k €
  12. 2009
    Annual accounts 2009-20,9 k €
  13. 2008
    Annual accounts 2008-24,2 k €