SOFINDEV IV
InactiveInactive; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 06-05-2025 was due by 06-12-2025 and was filed on 04-08-2026, 241 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
241 d late
2024
73 d early
2023
69 d early
2022
68 d early
2021
38 d early
2020
66 d early
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
€13k▼ 91.8%
2022 · €153k
2018: €291k
2020: €380k
2021: €307k
2022: €153k
2018 → 2025
EBIT margin
523999.8%▲ 524386.8pp
2022 · -387.0%
2018: -805.2%
2020: -539.3%
2021: -701.5%
2022: -387.0%
2018 → 2025
Net result
€65.52M▲ 52.5%
2022 · €42.96M
2018: €-1.77M
2020: €37.81M
2021: €65.54M
2022: €42.96M
2018 → 2025
Working capital
€69.23M▲ 1,113%
2022 · €5.71M
2018: €2.03M
2020: €1.16M
2021: €-38.64M
2022: €5.71M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182020202120222025Trend
Turnover€291k-€380k▲ 30.7%€307k▼ 19.1%€153k▼ 50.3%€13k▼ 91.8%
Equity€64.05M-€69.06M▲ 7.8%€3.38M▼ 95.1%€36.31M▲ 976%€69.18M▲ 90.5%
Operating result€-2.34M-€-2.05M▲ 12.5%€-2.16M▼ 5.2%€-591k▲ 72.6%€65.50M
Net result€-1.77M-€37.81M€65.54M▲ 73.3%€42.96M▼ 34.5%€65.52M▲ 52.5%
Result per fiscal year
Operating resultNet result
The operating result is €65.50M in 2025, compared with €-591k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2022 as the grey bar beneath
Equity and liabilities €69.23M
Equity
€69.18M ▲ 90.5%
Provisions
€20k
Debt
€23k ▲ 316%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
Debt to equity
0.00▲
2022 · 0.00
ROE
94.7%▼
2022 · 118.3%
ROA
94.6%▼
2022 · 118.3%
Debt ≤ 1 year
€0▼
2022 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2022 · 69 lines
Balance sheet
Code20222025
Assets
Total assets20/58€36.31M€69.23M▲
Fixed assets21/28€30.61M€0▼
Financial fixed assets28€30.61M€0▼
Affiliated companies280/1€16.05M€0▼
Participating interests280€16.05M€0▼
Companies linked by participating interests282/3€14.55M€0▼
Participating interests282€14.55M€0▼
Current assets29/58€5.71M€69.23M▲
Amounts receivable after more than one year29€3.11M-
Other amounts receivable291€3.11M-
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€1.60M€1.57M▼
Trade receivables40€43k€0▼
Other amounts receivable41€1.56M€1.57M▲
Current investments50/53€97€260k▲
Other investments51/53€97€260k▲
Cash at bank and in hand54/58€971k€67.38M▲
Deferred charges and accrued income490/1€30k€26k▼
Equity and liabilities
Total equity and liabilities10/49€36.31M€69.23M▲
Equity10/15€36.31M€69.18M▲
Contributions10/11€2.38M€2.38M=
Capital10€1.86M€1.86M=
Issued capital100€7.38M€7.38M=
Uncalled capital101€5.52M€5.52M=
Outside capital11€518k€518k=
Share premium1100/10€518k€518k=
Reserves13€993k€993k=
Non-distributable reserves130/1€738k€738k=
Legal reserve130€738k€738k=
Distributable reserves133€255k€255k=
Profit (loss) carried forward14€32.94M€65.81M▲
Provisions and deferred taxes16-€20k
Provisions for liabilities and charges160/5-€20k
Other liabilities and charges164/5-€20k
Amounts payable17/49€6k€23k▲
Amounts payable within one year42/48€2k€0▼
Trade debts44€2k-
Suppliers440/4€2k-
Other amounts payable47/48-€0
Accrued charges and deferred income492/3€4k€23k▲
Income statement
Code20222025
Operating income70/76A€153k€67.06M▲
Turnover70€153k€13k▼
Non-recurring operating income76A-€67.04M
Operating charges60/66A€743k€1.56M▲
Services and other goods61€743k€1.54M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€20k
Operating profit (loss)9901€-591k€65.50M▲
Financial income75/76B€43.60M€18k▼
Recurring financial income75€148k€18k▼
Income from financial fixed assets750€8k-
Income from current assets751€140k€18k▼
Other financial income752/9€0-
Non-recurring financial income76B€43.45M€0▼
Financial charges65/66B€54k€2k▼
Recurring financial charges65€54k€2k▼
Debt charges650€10k€2k▼
Other financial charges652/9€44k€453▼
Profit (loss) for the period before taxes9903€42.96M€65.52M▲
Profit (loss) for the period9904€42.96M€65.52M▲
Profit (loss) for the period to be appropriated9905€42.96M€65.52M▲
Appropriation of the result
Profit (loss) to be appropriated9906€42.96M€65.81M▲
Profit (loss) brought forward from the previous period14P€6k€299k▲
Transfer from equity791/2€2.04M-
From reserves792€2.04M-
Transfer to equity691/2€2.04M-
To contributions691€1.79M-
To other reserves6921€255k-
Profit to be distributed694/7€10.02M€0▼
Return on contributions (dividend)694€10.02M€0▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 241 days late
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
06-05
Financial
Equity above €50MEq €69.18M ▲90.5%
4 profitable years in a row build equity to €69.18M.
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 30612current ratio 3560.38
Current ratio from 0.12 to 3560.38; short-term debt falls from €43.72M to €2k.
31-12
Financial
Equity above €25MEq €36.31M ▲976%
3 profitable years in a row build equity to €36.31M.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €65.54M ▲73.3%
Net result €65.54M, the highest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €37.81M
Net result €37.81M after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital · Kim Lagae
2015
18-06
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
26-05
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Connections & network
3 connected companiesLinked via shared directors
Shared director
→
Shared director
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Shared director
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location