Sofa Studios
ActiveSummary
Sofa Studios has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency77▲+62
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 0.91 in 2023; short-term debt: 47.9% and cash: 87.2% of total assets), and 47.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.1%
Return on assets
61.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
8 d early
2022
119 d late
2021
156 d late
2020
30 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€25k
2023 · €-5k
2019: €11k
2020: €7k▼ -38.4% vs 2019
2021: €14k▲ +112% vs 2020
2022: €5k▼ -62.7% vs 2021
2023: €-5k▼ -188% vs 2022lowest in 6 years
2024: €25k▲ +636% vs 2023highest in 6 years
2019 → 2024
Total assets
€49k▼ 1.9%
2023 · €49k
2019: €31klowest in 6 years
2020: €42k▲ +37.5% vs 2019
2021: €47k▲ +10.5% vs 2020
2022: €65k▲ +39.2% vs 2021highest in 6 years
2023: €49k▼ -23.7% vs 2022
2024: €49k▼ -1.9% vs 2023
2019 → 2024
Net result
€30k
2023 · €-10k
2019: €5k
2020: €-4k▼ -192% vs 2019
2021: €16k▲ +469% vs 2020
2022: €-4k▼ -126% vs 2021
2023: €-10k▼ -153% vs 2022lowest in 6 years
2024: €30k▲ +398% vs 2023highest in 6 years
2019 → 2024
Working capital
€25k
2023 · €-5k
2019: €11k
2020: €4k▼ -63.1% vs 2019
2021: €13k▲ +226% vs 2020
2022: €5k▼ -61.4% vs 2021
2023: €-5k▼ -196% vs 2022lowest in 6 years
2024: €25k▲ +636% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€14k▲ 112%€5k▼ 62.7%€-5k€25k
2020: €7k
2021: €14k▲ +112% vs 2020
2022: €5k▼ -62.7% vs 2021
2023: €-5k▼ -188% vs 2022lowest in 5 years
2024: €25k▲ +636% vs 2023highest in 5 years
Operating result€-4k-€22k€-3k€-3k▼ 12.8%€29k
2020: €-4klowest in 5 years
2021: €22k▲ +711% vs 2020
2022: €-3k▼ -114% vs 2021
2023: €-3k▼ -12.8% vs 2022
2024: €29k▲ +941% vs 2023highest in 5 years
Net result€-4k-€16k€-4k€-10k▼ 153%€30k
2020: €-4k
2021: €16k▲ +469% vs 2020
2022: €-4k▼ -126% vs 2021
2023: €-10k▼ -153% vs 2022lowest in 5 years
2024: €30k▲ +398% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €29k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €49k
Equity
€25k
Debt
€23k
Debt finances 47.9% of the balance-sheet total.
Key figures and ratios
Current ratio
2.09▲
2023 · 0.91
Debt to equity
0.92▲
2023 · -11.48
ROE
118.7%
ROA
61.9%▲
2023 · -20.4%
Debt ≤ 1 year
€23k▼
2023 · €54k
Income taxes
€-1k▼
2023 · €6k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€49k€49k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€49k€49k▼
Amounts receivable within one year40/41€8k€6k▼
Trade receivables40€1k€6k▲
Other amounts receivable41€7k-
Cash at bank and in hand54/58€41k€42k▲
Equity and liabilities
Total equity and liabilities10/49€49k€49k▼
Equity10/15€-5k€25k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-13k€17k▲
Amounts payable17/49€54k€23k▼
Amounts payable within one year42/48€54k€23k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€47k€22k▼
Taxes450/3€13k-
Remuneration and social security454/9€34k€22k▼
Other amounts payable47/48€3k€601▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€437-
Other operating charges640/8€1k€387▼
Gross operating margin9900€-2k€29k▲
Operating profit (loss)9901€-3k€29k▲
Financial income75/76B-€350
Recurring financial income75-€350
Financial charges65/66B€346€727▲
Recurring financial charges65€346€727▲
Profit (loss) for the period before taxes9903€-4k€29k▲
Income taxes67/77€6k€-1k▼
Profit (loss) for the period9904€-10k€30k▲
Profit (loss) for the period to be appropriated9905€-10k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€17k▲
Profit (loss) brought forward from the previous period14P€-3k€-13k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €780 | €1k | €1k | €437 | - | - |
| Other operating charges640/8 | - | €5k | €5k | €1k | €387 | ▼ 72.9% |
| Gross operating margin9900 | €5k | €28k | €3k | €-2k | €29k | ▲ 1,959% |
| Operating profit (loss)9901 | €-4k | €22k | €-3k | €-3k | €29k | ▲ 941% |
| Financial income75/76B | - | - | - | - | €350 | - |
| Recurring financial income75 | - | - | - | - | €350 | - |
| Financial charges65/66B | - | €495 | €936 | €346 | €727 | ▲ 110% |
| Recurring financial charges65 | €95 | €495 | €936 | €346 | €727 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €-4k | €22k | €-4k | €-4k | €29k | ▲ 855% |
| Income taxes67/77 | €524 | €6k | - | €6k | €-1k | ▼ 123% |
| Profit (loss) for the period9904 | €-4k | €16k | €-4k | €-10k | €30k | ▲ 398% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €16k | €-4k | €-10k | €30k | ▲ 398% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42k | €47k | €65k | €49k | €49k | ▼ 1.9% |
| Fixed assets21/28 | €3k | €2k | €437 | €0 | - | - |
| Tangible fixed assets22/27 | €3k | €2k | €437 | €0 | - | - |
| Furniture and vehicles24 | - | €2k | €437 | €0 | - | - |
| Current assets29/58 | €39k | €45k | €64k | €49k | €49k | ▼ 1.9% |
| Amounts receivable within one year40/41 | €525 | €9k | €16k | €8k | €6k | ▼ 22.4% |
| Trade receivables40 | - | €9k | €16k | €1k | €6k | ▲ 428% |
| Other amounts receivable41 | - | - | - | €7k | - | - |
| Cash at bank and in hand54/58 | €39k | €36k | €49k | €41k | €42k | ▲ 2.1% |
| Deferred charges and accrued income490/1 | - | - | €324 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42k | €47k | €65k | €49k | €49k | ▼ 1.9% |
| Equity10/15 | €7k | €14k | €5k | €-5k | €25k | ▲ 636% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-1k | €6k | €-3k | €-13k | €17k | ▲ 231% |
| Amounts payable17/49 | €35k | €32k | €59k | €54k | €23k | ▼ 57.1% |
| Amounts payable within one year42/48 | €35k | €32k | €59k | €54k | €23k | ▼ 57.1% |
| Trade debts44 | €1k | - | €10k | €4k | €1k | ▼ 75.3% |
| Suppliers440/4 | - | - | €10k | €4k | €1k | ▼ 75.3% |
| Taxes, remuneration and social security45 | - | €9k | €37k | €47k | €22k | ▼ 54.1% |
| Taxes450/3 | - | €9k | €17k | €13k | - | - |
| Remuneration and social security454/9 | - | - | €20k | €34k | €22k | ▼ 35.8% |
| Other amounts payable47/48 | - | €24k | €13k | €3k | €601 | ▼ 79.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €16k | €-4k | €-10k | €30k | ▲ 398% |
| + Depreciation and write-downs630 | €780 | €1k | €1k | €437 | - | - |
| Operating cash flow (approximation) | €-3k | €17k | €-3k | €-10k | €30k | ▲ 411% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €-3k | €13k | €-7k | €874 | ▲ 112% |
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
2026
11-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 04/08/2026
- Registered-office move, Avenue Winston Churchill 96 boîte 1, 1180 Uccle
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.09
Current ratio from 0.91 to 2.09; short-term debt falls from €54k to €23k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 156 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2019
Ground area
401 m²
Building footprint
268 m²
Volume, LiDAR
4,925 m³
2 parcels, Brussels · tallest building 24.0 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sofa Studios
since 20192.289.067.267
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0277/02H002 | Brussels | 238 m² | 1 · 108 m² | 20.1 m · 5 fl. |
| 21447B0135/00A012 | Brussels | 163 m² | 1 · 160 m² | 24.0 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LISTEN CUSTOMER SERVICE INTELLIGENCE
BE 0441.889.636
Watermaal-Bosvoorde · Eq €25,332
DM PRODUCTION
BE 0787.417.294
Charleroi · Eq €25,628
Oké Dan Productions
BE 1021.171.656
Gent · Eq €25,009
Aardling
BE 0648.908.620
Antwerpen · Eq €25,661
Wave to Synth
BE 0691.739.959
Haaltert · Eq €25,681
Of 3,523 companies in sector 90391 we hold annual accounts for 681. 482 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
58290Other software publishing
70200Business and other management consultancy
74140Other specialised design activities
82300Organisation of conventions and trade shows
90111Literary creation
Scores and ratios are computed by Checked and are not a credit decision.