SOFABEL
ActiveSOFABEL has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.71M and a net result of €77k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 7815 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-12
Solvency100=
Growth59▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.94 against 4.47 in 2024), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.4%
Return on assets
3%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
21 d early
2023
1 d early
2022
25 d early
2021
8 d early
2020
19 d late
2019
32 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.06M▼ 2.4%
2024 · €6.21M
2018: €2.79M
2019: €3.25M
2020: €5.37M
2021: €5.29M
2022: €5.47M
2023: €5.75M
2024: €6.21M
2018 → 2025
EBIT margin
2.5%▼ 1.2pp
2024 · 3.7%
2018: 5.8%
2019: 6.8%
2020: 10.3%
2021: 5.6%
2022: 2.4%
2023: 4.1%
2024: 3.7%
2018 → 2025
Net result
€77k▼ 49.7%
2024 · €152k
2018: €139k
2019: €140k
2020: €488k
2021: €211k
2022: €870
2023: €86k
2024: €152k
2018 → 2025
Working capital
€1.60M▲ 6.2%
2024 · €1.50M
2018: €483k
2019: €630k
2020: €1.11M
2021: €1.29M
2022: €1.30M
2023: €1.39M
2024: €1.50M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.29M-€5.47M▲ 3.5%€5.75M▲ 5.1%€6.21M▲ 8.0%€6.06M▼ 2.4%
Equity€1.38M-€1.38M▲ 0.1%€1.48M▲ 7.1%€1.63M▲ 10.3%€1.71M▲ 4.7%
Operating result€299k-€133k▼ 55.3%€238k▲ 78.3%€233k▼ 2.2%€153k▼ 34.3%
Net result€211k-€870▼ 99.6%€86k▲ 9,779%€152k▲ 77.3%€77k▼ 49.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.54M
Fixed assets
€114k▼ 10.8%
Current assets
€2.42M▲ 24.9%
Equity and liabilities €2.54M
Equity
€1.71M▲ 4.7%
Debt
€827k▲ 90.4%
The debt ratio rises from 21.0% to 32.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€182k▼
2024 · €258k
Cash flow
€106k▼
2024 · €178k
Solvency
67.4%▼
2024 · 79.0%
Current ratio
2.94▼
2024 · 4.47
Quick ratio
0.16▼
2024 · 0.43
Debt / equity
0.48▲
2024 · 0.27
ROE
4.5%▼
2024 · 9.3%
ROA
3.0%▼
2024 · 7.4%
Interest coverage
11.19▼
2024 · 12.60
Debt
€827k▲
2024 · €434k
Debt ≤ 1 year
€824k▲
2024 · €434k
Income taxes
€60k=
2024 · €60k
Staff costs
€507k▲
2024 · €477k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.07M€2.54M▲
Formation expenses20€0€0=
Fixed assets21/28€128k€114k▼
Tangible fixed assets22/27€127k€113k▼
Plant, machinery and equipment23€93k€83k▼
Furniture and vehicles24€26k€23k▼
Other tangible fixed assets26€8k€7k▼
Financial fixed assets28€842€842=
Current assets29/58€1.94M€2.42M▲
Stocks and contracts in progress3€1.75M€2.29M▲
Stocks30/36€1.75M€2.29M▲
Amounts receivable within one year40/41€90k€58k▼
Trade receivables40€29k€23k▼
Other amounts receivable41€60k€34k▼
Cash at bank and in hand54/58€91k€65k▼
Deferred charges and accrued income490/1€5k€5k=
Equity and liabilities
Total equity and liabilities10/49€2.07M€2.54M▲
Equity10/15€1.63M€1.71M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€1.50M€1.58M▲
Amounts payable17/49€434k€827k▲
Amounts payable within one year42/48€434k€824k▲
Current portion of amounts payable after more than one year42€0€0=
Financial debts43€200k€260k▲
Credit institutions430/8€200k€260k▲
Trade debts44€144k€533k▲
Suppliers440/4€144k€533k▲
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€0€0=
Remuneration and social security454/9€6k€20k▲
Other amounts payable47/48€84k€10k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Turnover70€6.21M€6.06M▼
Goods, raw materials, services and sundry goods60/61€5.54M€5.38M▼
Remuneration, social security and pensions62€477k€507k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€29k▲
Other operating charges640/8€11k€11k▼
Gross operating margin9900€747k€700k▼
Operating profit (loss)9901€233k€153k▼
Financial charges65/66B€21k€16k▼
Recurring financial charges65€21k€16k▼
Profit (loss) for the period before taxes9903€212k€137k▼
Income taxes67/77€60k€60k=
Profit (loss) for the period9904€152k€77k▼
Profit (loss) for the period to be appropriated9905€152k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.50M€1.58M▲
Profit (loss) brought forward from the previous period14P€1.35M€1.50M▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €870 ▼99.6%
Net result drops to €870, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-12
Financial
Highest result since 2018net €488k ▲248%
Operating result €551k, net result €488k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 7.40
Current ratio from 2.38 to 7.40; short-term debt falls from €458k to €173k.
31-12
Financial
Equity above €1MEq €1.17M ▲71.5%
3 profitable years in a row build equity to €1.17M.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2023
AKHLAL Abdellaziz
CurrentDirector (executive) · since 16-03-2023
16-03-2023
Appointed as Director (executive)
Not every act has been read: a resignation may be missing here
6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Anderlecht · 2 establishment units since 1996
Ground area
3,271 m²
Building footprint
1,802 m²
Volume, LiDAR
18,282 m³
2 parcels, Brussels · tallest building 18.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Veeartsenstraat 63, 1070 Anderlecht
since 19962.075.810.292
SOFABEL
since 20182.271.319.336
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0008/00W004 | Brussels | 2,317 m² | 1 · 1,045 m² | 16.2 m · 3 fl. |
| 21305C0327/00T013 | Brussels | 954 m² | 1 · 757 m² | 18.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,163 companies in sector 46499 we hold annual accounts for 736. 441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-1995
Fiscal year end31-12
Activities, NACEBEL
46499Wholesale of other household goods
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
51478
52113
46392Non-specialised wholesale
46900Non-specialised wholesale trade
47112Retail trade
47512Retail sale of household textiles and bedding
47750Retail sale of cosmetics and toilet articles
51392
51900
52116
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.