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Sofimo

Active Public limited companyfounded 1965active for 61 yearsBoterstraat 39, 8900 YpresKBO/BCE: BE 0402.754.391 #4 oldest company in Ypres, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €967,907 (2013)
€77,039▼ 26.9%
lowest -€167,901 (2022)
€177,098▲ 433%
peak €2.1m (2025)
€2.1m▲ 6.6%
€321,976▲ 29.2%
peak 4 FTE (2006)
-not published
Board6 names since 2019
4 directorsSuffys Caroline and 3 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €105,389 to €77,039Result from €33,241 to €177,0981 director appointed, 4 reappointments 29-07Dividend €46,555Debts from €249,202 to €321,976

Key points

from the 2025 annual accounts

Equity

€2.1m ▲ 6.6%
2.02024+0.2Profit-0.05Dividend2.12025

Sofimo paid out €46,555 in dividends. That is 26% of the 2025 profit.

Result

€177,098 ▲ 433%
€33,2002024€177,0002025

The result rose in 2025: mostly from a one-off income of €89,890.

Turnover

≈ €200,000 estimated

The accounts state no turnover.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The 2019 accounts came 25 days late. The other nine of the last ten were filed on time.

Position in the sector

86.8%

Higher solvency than 88% of companies in real estate. Sector median 30.7% · 11,299 companies.

Checked score

98
Excellent
Financially stronger than 86% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 86.8% of total assets
97=short-term debt 12.8% · cash 39.0%
78+11return on assets 7.3%

Score breakdown

lowers risk
Liquidity: current ratio 6.49, cash €949,051
Size: total assets €2.4m
Equity €2.1m (86.8% of total assets)
Founded in 1965
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 92% of them on solvency, 98% on liquidity, 87% on profitability and 67% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as Sofimo has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Sofimo itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for Sofimo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €200,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.49 (7.37 in 2024), above the usual 1.5. Short-term debt is 12.8% and cash 39% of total assets. 13.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.49, cash €949,051
NBB · annual accounts
lowers risk · Size: total assets €2.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €2.1m (86.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1965
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
59 days early
2023
33 days early
2022
56 days early
2021
31 days early
2020
25 days early
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SP
Managing director
SC
Director
SD
Director
SI
Director
BM
Auditor, Jo VANDEPUTTE
  • Suffys Pierre 3 sharesdeed of 13-11-2023
  • Suffys Dirk 28 sharesdeed of 13-11-2023
  • Suffys Caroline 28 sharesdeed of 13-11-2023
and 3 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0402754391
1 director appointed, 4 reappointments Reappointments: Suffys Pierre, Suffys Dirk, Suffys Isabelle and Suffys Caroline · Appointment: Suffys Pierre (managing director) · General meeting of 31-05-2025 · Gazette deed
Merger: SOFIMO takes over SUDECO Registered office moved to Ypres · Capital from €70,000 to €1,134,368.06, 916 new shares · Capital after the increase: €1,291,208.35, 1,153 new shares · Gazette deed
Merger proposal: SOFIMO takes over SUDECO Transfer of shares from DEMUYNCK Marc to SUDIMO · Appointment: MOORE AUDIT BV (statutory auditor) · Suffys Pierre holds 3 shares · Gazette deed
All 67 events

Comparable companies

same main activity, similar in size and age
Company
Sofimo Ypres €2.4m €77,039 86.8% -
Société belge immobilière et de Lotissements Liège €2.3m €88,866 99.7% -
Nationale Konstruktie Maatschappij De Haan €2.1m €138,004 91.9% -
Immorosa Harelbeke €3.3m €158,119 51.4% 0
HETOBO Antwerp €2.4m €135,869 80.7% 2.1
WALDER DEVELOPMENT Deinze €2.8m €141,287 28.0% 3.1
LECOMTE L.R.J. La Louvière €2.1m €41,627 29.5% -

These companies have the same main activity as Sofimo: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.1m and €3.3m, founded between 1963 and 1975.

Official details

Source: KBO
Status
Active since 01-06-1965Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment units
2.000.461.1878900 Ypres, since 01-10-1967
2.274.851.6218902 Ypres, since 26-02-2018
Financial year end
31 December
Peppol
Reachable since 16-09-2025
Company details

Annual accounts 2025

€2.4m▲ 9.1%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on Sofimo

Sofimo files the abbreviated format. That format states no turnover. The gross margin fell from €271,897 in 2006 to €77,039 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Sofimo

What is the company number of Sofimo?
The company number of Sofimo is 0402.754.391. The VAT number is the same number with BE in front: BE 0402.754.391.
Where is Sofimo based?
The registered office is at Boterstraat 39, 8900 Ypres.Company details
What does Sofimo do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Sofimo?
Sofimo is a public limited company (NV).
When was Sofimo founded?
Sofimo was founded on 01-06-1965.
Is Sofimo still active?
Yes, Sofimo is an active enterprise in the KBO register.
How many employees does Sofimo have?
Sofimo had an average of 0.2 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of Sofimo?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €77,039 and 48 comparable companies (NACE 681). It probably lies between €100,000 and €470,000.
Is Sofimo profitable?
In financial year 2025, Sofimo made a profit of €177,098.
Where can I find the annual accounts of Sofimo?
Sofimo filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Sofimo due?
Sofimo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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