Summary
SOCOFIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €42.4m and a net result of €1.5m. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 2444 sector peers (fiscal year 2025). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
43 d early
2023
41 d early
2022
25 d early
2021
31 d early
2020
32 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Equity
€42.4m▲ 3.5%
2024 · €41.0m
Net result
€1.5m▲ 18.4%
2024 · €1.3m
Total assets
€42.5m▲ 3.6%
2024 · €41.0m
Solvency
99.8%▼ 0.1pp
2024 · 99.9%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€170,495▼ 31.1%€152,250▼ 10.7%€203,476▲ 33.6%€175,902▼ 13.6%€171,794▼ 2.3%
Operating result-€99,770▼ 1.2%-€109,077▼ 9.3%-€110,005▼ 0.9%-€121,241▼ 10.2%-€107,314▲ 11.5%
Net result€1.1mabove the sector's middle half▼ 1.0%€2.8mabove the sector's middle half▲ 155%€1.3mabove the sector's middle half▼ 53.5%€1.3mabove the sector's middle half▼ 4.5%€1.5mabove the sector's middle half▲ 18.4%
Equity€45.7mabove the sector's middle half▲ 2.5%€38.5mabove the sector's middle half▼ 15.7%€39.7mabove the sector's middle half▲ 3.3%€41.0mabove the sector's middle half▲ 3.1%€42.4mabove the sector's middle half▲ 3.5%
Total assets€45.7mabove the sector's middle half▲ 2.5%€38.5mwithin the sector's middle half▼ 15.7%€39.8mabove the sector's middle half▲ 3.3%€41.0mabove the sector's middle half▲ 3.1%€42.5mabove the sector's middle half▲ 3.6%
Debt€43,605▼ 2.3%€37,311▼ 14.4%€39,253▲ 5.2%€40,887▲ 4.2%€93,795▲ 129%
Working capital€45.7mabove the sector's middle half▲ 2.5%€38.1mabove the sector's middle half▼ 16.6%€39.3mabove the sector's middle half▲ 3.2%€41.0mabove the sector's middle half▲ 4.4%€37.0mabove the sector's middle half▼ 9.8%
Solvency99.9%above the sector's middle half=99.9%above the sector's middle half=99.9%above the sector's middle half=99.9%above the sector's middle half=99.8%above the sector's middle half▼ 0.1pp
Return on assets (ROA)2.4%within the sector's middle half▼ 0.1pp7.3%within the sector's middle half▲ 4.9pp3.3%within the sector's middle half▼ 4.0pp3.0%within the sector's middle half▼ 0.2pp3.5%within the sector's middle half▲ 0.4pp
Staff (FTE)1.3within the sector's middle half▼ 48.0%1within the sector's middle half▼ 23.1%1.4within the sector's middle half▲ 40.0%1.5within the sector's middle half▲ 7.1%1.5within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €107,314 in 2025 against €121,241 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42.5m
Fixed assets
€5.4m ▲ 219,578%
Current assets
€37.1m ▼ 9.6%
Equity and liabilities €42.5m
Equity
€42.4m ▲ 3.5%
Debt
€93,795 ▲ 129%
Debt's share of the balance-sheet total rises from 0.1% to 0.2%. Equity and debt are higher.
Key figures and ratios
ROE
3.5%▲
2024 · 3.1%
Debt ≤ 1 year
€82,198▲
2024 · €30,845
Income taxes
€74,766▼
2024 · €328,310
Staff costs
€157,218▲
2024 · €156,700
A ratio outside any meaningful range has been withheld (balance sheet total €42.5m, equity €42.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €178,461 | €164,090 | €209,735 | €181,276 | €177,484 | ▼ 2.1% |
| Turnover70 | €170,495 | €152,250 | €203,476 | €175,902 | €171,794 | ▼ 2.3% |
| Other operating income74 | €3,007 | €11,840 | €6,259 | €5,374 | €5,690 | ▲ 5.9% |
| Non-recurring operating income76A | €4,959 | - | - | - | - | - |
| Operating charges60/66A | €278,230 | €273,167 | €319,740 | €302,516 | €284,798 | ▼ 5.9% |
| Services and other goods61 | €136,443 | €144,255 | €146,363 | €145,918 | €126,344 | ▼ 13.4% |
| Remuneration, social security and pensions62 | €141,919 | €131,393 | €176,923 | €156,700 | €157,218 | ▲ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,645 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€2,843 | -€3,570 | -€4,726 | -€1,300 | - | - |
| Other operating charges640/8 | €1,066 | €1,089 | €1,180 | €1,198 | €1,237 | ▲ 3.2% |
| Operating profit (loss)9901 | -€99,770 | -€109,077 | -€110,005 | -€121,241 | -€107,314 | ▲ 11.5% |
| Financial income75/76B | €653,383 | €4.0m | €1.3m | €2.1m | €1.8m | ▼ 15.4% |
| Recurring financial income75 | €653,383 | €4.0m | €1.3m | €2.0m | €1.8m | ▼ 10.7% |
| Income from financial fixed assets750 | - | €1,966 | €7,128 | €1,382 | - | - |
| Income from current assets751 | €506,090 | €1.3m | €1.1m | €1.4m | €1.6m | ▲ 14.4% |
| Other financial income752/9 | €147,293 | €2.7m | €235,422 | €583,375 | €161,298 | ▼ 72.4% |
| Non-recurring financial income76B | - | - | - | €111,724 | - | - |
| Financial charges65/66B | -€548,776 | €1.0m | -€218,308 | €433,216 | €141,906 | ▼ 67.2% |
| Recurring financial charges65 | -€548,776 | €1.0m | -€218,308 | €433,216 | €141,906 | ▼ 67.2% |
| Debt charges650 | - | €3 | - | €6 | €4 | ▼ 40.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | -€775,468 | €773,083 | -€480,496 | €186,359 | -€335,275 | ▼ 280% |
| Other financial charges652/9 | €226,692 | €272,335 | €262,188 | €246,851 | €477,177 | ▲ 93.3% |
| Profit (loss) for the period before taxes9903 | €1.1m | €2.8m | €1.4m | €1.6m | €1.6m | ▼ 1.5% |
| Income taxes67/77 | €318 | €30,000 | €138,870 | €328,310 | €74,766 | ▼ 77.2% |
| Taxes670/3 | €391 | €30,000 | €139,064 | €328,310 | €81,511 | ▼ 75.2% |
| Tax adjustments and reversals of tax provisions77 | €74 | - | €194 | - | €6,746 | - |
| Profit (loss) for the period9904 | €1.1m | €2.8m | €1.3m | €1.3m | €1.5m | ▲ 18.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €484,150 | €63,150 | ▼ 87.0% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €2.8m | €1.3m | €767,133 | €1.4m | ▲ 84.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45.7m | €38.5m | €39.8m | €41.0m | €42.5m | ▲ 3.6% |
| Fixed assets21/28 | €2,478 | €412,478 | €462,478 | €2,478 | €5.4m | ▲ 219,578% |
| Financial fixed assets28 | €2,478 | €412,478 | €462,478 | €2,478 | €5.4m | ▲ 219,578% |
| Affiliated companies280/1 | - | €410,000 | €460,000 | - | - | - |
| Participating interests280 | - | €150,000 | €150,000 | - | - | - |
| Amounts receivable281 | - | €260,000 | €310,000 | - | - | - |
| Other financial fixed assets284/8 | €2,478 | €2,478 | €2,478 | €2,478 | €5.4m | ▲ 219,578% |
| Shares284 | - | - | - | - | €5.4m | - |
| Amounts receivable and cash guarantees285/8 | €2,478 | €2,478 | €2,478 | €2,478 | €2,478 | = |
| Current assets29/58 | €45.7m | €38.1m | €39.3m | €41.0m | €37.1m | ▼ 9.6% |
| Amounts receivable within one year40/41 | €12.2m | €22.1m | €13.6m | €4.5m | €5.2m | ▲ 14.2% |
| Trade receivables40 | €6,527 | €5,350 | €51,896 | €4,152 | €12,338 | ▲ 197% |
| Other amounts receivable41 | €12.2m | €22.1m | €13.5m | €4.5m | €5.2m | ▲ 14.0% |
| Current investments50/53 | €29.6m | €14.3m | €24.8m | €36.0m | €31.4m | ▼ 12.7% |
| Other investments51/53 | €29.6m | €14.3m | €24.8m | €36.0m | €31.4m | ▼ 12.7% |
| Cash at bank and in hand54/58 | €3.8m | €1.6m | €595,482 | €138,327 | €308,775 | ▲ 123% |
| Deferred charges and accrued income490/1 | €45,954 | €42,868 | €345,260 | €340,712 | €145,627 | ▼ 57.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45.7m | €38.5m | €39.8m | €41.0m | €42.5m | ▲ 3.6% |
| Equity10/15 | €45.7m | €38.5m | €39.7m | €41.0m | €42.4m | ▲ 3.5% |
| Contributions10/11 | €14.5m | €14.5m | €14.5m | €14.5m | €14.5m | = |
| Capital10 | €14.5m | €14.5m | €14.5m | €14.5m | €14.5m | = |
| Issued capital100 | €14.5m | €14.5m | €14.5m | €14.5m | €14.5m | = |
| Reserves13 | €24.2m | €14.2m | €14.2m | €14.7m | €14.8m | ▲ 0.4% |
| Non-distributable reserves130/1 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Legal reserve130 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Tax-exempt reserves132 | - | - | - | €484,150 | €547,300 | ▲ 13.0% |
| Distributable reserves133 | €22.8m | €12.8m | €12.8m | €12.8m | €12.8m | = |
| Profit (loss) carried forward14 | €6.9m | €9.7m | €11.0m | €11.8m | €13.2m | ▲ 11.6% |
| Provisions and deferred taxes16 | €9,597 | €6,026 | €1,300 | - | - | - |
| Provisions for liabilities and charges160/5 | €9,597 | €6,026 | €1,300 | - | - | - |
| Pensions and similar obligations160 | €9,597 | €6,026 | €1,300 | - | - | - |
| Amounts payable17/49 | €43,605 | €37,311 | €39,253 | €40,887 | €93,795 | ▲ 129% |
| Amounts payable within one year42/48 | €28,263 | €26,320 | €34,820 | €30,845 | €82,198 | ▲ 166% |
| Trade debts44 | €14,258 | €7,302 | €12,825 | €1,908 | €12,054 | ▲ 532% |
| Suppliers440/4 | €14,258 | €7,302 | €12,825 | €1,908 | €12,054 | ▲ 532% |
| Taxes, remuneration and social security45 | €14,005 | €19,018 | €21,995 | €28,937 | €25,144 | ▼ 13.1% |
| Taxes450/3 | €4,476 | €4,768 | €5,287 | €5,361 | €5,935 | ▲ 10.7% |
| Remuneration and social security454/9 | €9,529 | €14,250 | €16,708 | €23,576 | €19,209 | ▼ 18.5% |
| Other amounts payable47/48 | - | - | - | - | €45,000 | - |
| Accrued charges and deferred income492/3 | €15,343 | €10,991 | €4,433 | €10,042 | €11,597 | ▲ 15.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €2.8m | €1.3m | €1.3m | €1.5m | ▲ 18.4% |
| + Depreciation and write-downs630 | €1,645 | - | - | - | - | - |
| Operating cash flow (approximation) | €1.1m | €2.8m | €1.3m | €1.3m | €1.5m | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | -€410,000 | -€50,000 | €460,000 | -€5.4m | ▼ 1,283% |
| Change in cash | - | -€2.2m | -€1.0m | -€457,155 | €170,448 | ▲ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
State Gazette act
Appointment: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)Permanent representative: François Collie3 facts ▸
State Gazette act
Appointment: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)
Permanent representative: François Collie3 facts ▸
- General meeting, 29-05-2026
- Auditor appointment, Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)
- Permanent representative, François Collie (permanent representative)
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €2.8m ▲155%
Net result €2.8m, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €1.9m
Net result €1.9m after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
FORVIS MAZARS REVISEURS D'ENTREPRISES SRL
CurrentStatutory auditor · since 07-09-2026 · perm. rep.: François Collie
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1986
Ground area
2,791 m²
Building footprint
1,235 m²
Volume, LiDAR
89,309 m³
Parcel 21822R0227/00V003, Brussels · tallest building 106.8 m, ±30 floors. Linked by address, not a title deed.
268
companies at this address
See who is registered here
1 establishment unit
Louizalaan 480, 1050 Elsene
since 19862.035.786.312
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00V003 | Brussels | 2,791 m² | 1 · 1,235 m² | 106.8 m · 30 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| FORVIS MAZARS REVISEURS D'ENTREPRISES SRL |
|
Structure & network
Part of the group
SOCONORD GROUP
4 companies
Group, risk and exposure
Owners and holdings
1 owner · 1 holdingChain of control
- SOCONORD GROUP
- SOCOFIN
Highest known parent: SOCONORD GROUP. The sources do not say who stands above it.
Owners 1
-
59.5%
Holdings 1
-
95%
According to the 2023 annual accounts of SOCOFIN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300MPZLEZUPN6YY72
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Of 61 companies in sector 64921 we hold annual accounts for 40. 15 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-08-1986
Fiscal year end31-12
Activities, NACEBEL 2025
64921Financial service activities, except insurance and pension funding
69209Other tax advisory services
46869Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429265580
Also
9925:BE0429265580
Registered
09-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.