Equity
Equity fell by 62% in 11 years.
In July 2024, 5,052 companies had the same profile as SOFABLOND has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,052 companies, not a prediction for SOFABLOND. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SOFABLOND Genappe | €237,837 | €44,888 | 17.5% | - |
| Mottis Real Estate Antwerp | €240,940 | €45,885 | -30.7% | - |
| RIZZOLI-DACHE Charleroi | €274,699 | €36,702 | 25.0% | 1.2 |
| Allegria Nazareth-De Pinte | €275,079 | €35,382 | 41.7% | - |
| COHO Evergem | €272,514 | €48,418 | -12.2% | - |
| Reallia Buggenhout | €248,735 | €31,695 | 87.9% | - |
| DEBREYNE BJORN Moorslede | €270,567 | €33,119 | 10.1% | - |
These companies have the same main activity as SOFABLOND: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €241,000 and €275,000, founded between 2010 and 2012.
SOFABLOND files the micro format. That format states no turnover. The gross margin rose from €19,028 in 2012 to €44,888 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 38% of 19,823 companies in 2025.
Higher than 22% of 18,999 companies in 2025.
Higher than 76% of 19,465 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
237,837 | 242,994 | 253,271 | 271,174 | 352,510 | 351,547 | 367,531 | 366,661 | 397,433 | 411,570 | 424,591 | 433,034 | 409,416 | 416,043 | |
21/28 |
214,376 | 227,223 | 240,069 | 252,915 | 336,156 | 346,070 | 360,142 | 362,129 | 378,084 | 409,138 | 422,351 | 429,384 | 405,570 | 414,820 | |
22/27 |
214,376 | 227,223 | 240,069 | 252,915 | 265,761 | 273,675 | 287,747 | 302,694 | 318,649 | 335,703 | 353,876 | 372,909 | 393,570 | 414,820 | |
22 |
209,376 | 222,223 | 235,069 | 247,915 | 260,761 | 273,507 | 287,075 | 301,518 | 316,893 | 333,260 | 350,683 | 369,230 | 388,973 | 409,989 | |
23 |
- | - | - | - | - | 168 | 672 | 1,176 | 1,680 | 2,184 | 2,687 | 3,191 | 3,695 | 4,199 | |
24 |
- | - | - | - | - | - | - | - | 76 | 259 | 506 | 488 | 902 | 632 | |
26 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | 0 | 70,395 | 72,395 | 72,395 | 59,435 | 59,435 | 73,435 | 68,475 | 56,475 | 12,000 | - | |
29/58 |
23,460 | 15,771 | 13,202 | 18,259 | 16,353 | 5,477 | 7,389 | 4,532 | 19,349 | 2,432 | 2,240 | 3,650 | 3,846 | 1,223 | |
29 |
6,000 | 8,000 | 10,000 | 14,000 | - | - | - | - | - | - | - | - | - | - | |
291 |
6,000 | 8,000 | 10,000 | 14,000 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
1,053 | 1,053 | 1,053 | 1,053 | 3,053 | 3,053 | 3,053 | 3,053 | 3,053 | 702 | 675 | - | - | - | |
40 |
1,053 | 1,053 | 1,053 | 1,053 | 1,053 | 1,053 | 1,053 | 1,053 | 1,053 | 702 | 675 | - | - | - | |
41 |
- | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
54/58 |
16,407 | 6,718 | 2,149 | 3,206 | 13,300 | 2,424 | 4,336 | 1,479 | 16,296 | 1,730 | 1,565 | 2,948 | 3,846 | 1,223 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | 702 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
237,837 | 242,994 | 253,271 | 271,174 | 352,510 | 351,547 | 367,531 | 366,661 | 397,433 | 411,570 | 424,591 | 433,034 | 409,416 | 416,043 | |
10/15 |
41,515 | 19,118 | 22,706 | 22,829 | 73,065 | 71,517 | 71,526 | 69,596 | 81,770 | 97,342 | 101,573 | 108,301 | 80,876 | 85,585 | |
10/11 |
130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | |
100 |
- | - | - | - | - | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | |
11 |
- | - | - | - | 130,000 | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | 130,000 | - | - | - | - | - | - | - | - | - | |
12 |
- | - | - | - | 28,475 | 28,475 | 28,475 | 28,475 | 28,475 | 28,475 | 28,475 | 28,475 | - | - | |
14 |
-88,485 | -110,882 | -107,295 | -107,171 | -85,410 | -86,958 | -86,949 | -88,879 | -76,705 | -61,133 | -56,902 | -50,174 | -49,124 | -44,415 | |
17/49 |
196,321 | 223,875 | 230,565 | 248,345 | 279,444 | 280,030 | 296,005 | 297,065 | 315,663 | 314,228 | 323,018 | 324,733 | 328,540 | 330,458 | |
17 |
118,347 | 129,302 | 142,486 | 151,567 | 175,982 | 188,014 | 199,858 | 210,571 | 222,148 | 285,184 | 296,318 | 307,119 | 312,102 | 326,356 | |
170/4 |
118,347 | 129,302 | 142,486 | 151,567 | 175,982 | 188,014 | 199,858 | 210,571 | 222,148 | 285,184 | 296,318 | 307,119 | 312,102 | 326,356 | |
42/48 |
77,975 | 94,573 | 88,080 | 96,778 | 103,462 | 92,016 | 96,147 | 86,494 | 92,647 | 27,846 | 25,765 | 17,614 | 15,284 | 2,710 | |
42 |
11,844 | 11,512 | 9,082 | 12,243 | - | - | - | - | - | - | - | - | - | - | |
43 |
10,000 | 15,000 | 15,000 | 17,000 | 17,500 | 6,000 | 5,000 | 39,000 | 65,000 | - | - | - | - | - | |
430/8 |
10,000 | 15,000 | 15,000 | 17,000 | 17,500 | 6,000 | 5,000 | 39,000 | 65,000 | - | - | - | - | - | |
44 |
1,046 | - | - | - | - | - | - | 1,847 | - | - | - | - | 391 | - | |
440/4 |
1,046 | - | - | - | - | - | - | 1,847 | - | - | - | - | 391 | - | |
45 |
1,863 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
1,863 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
53,221 | 68,061 | 63,998 | 67,535 | 85,962 | 86,016 | 91,147 | 45,647 | 27,647 | 27,846 | 25,765 | 17,614 | 14,892 | 2,710 | |
492/3 |
- | - | - | - | - | - | - | - | 868 | 1,198 | 935 | - | 1,154 | 1,392 | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | 21,859 | 19,437 | 23,125 | - | - | - | - | - | - | - | |
9900 |
44,888 | 19,026 | 18,867 | 18,855 | 18,461 | 15,412 | 18,921 | 14,986 | 18,890 | 18,215 | 17,746 | 26,429 | 19,775 | 19,028 | |
60/61 |
- | - | - | - | 3,398 | 4,025 | 4,204 | 7,242 | - | - | - | - | - | 9,149 | |
630 |
12,846 | 12,846 | 12,846 | 12,846 | 12,914 | 14,072 | 14,947 | 15,955 | 17,054 | 18,173 | 19,572 | 20,661 | 21,931 | 49,807 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | -1,392 | - | |
640/8 |
3,041 | 2,935 | 2,418 | 2,369 | 2,354 | - | - | - | 1,948 | 1,766 | 2,086 | 3,346 | 183 | 1,492 | |
66A |
- | - | - | - | - | - | - | - | - | - | 11 | - | - | - | |
9901 |
29,001 | 3,245 | 3,603 | 3,640 | 3,193 | 1,340 | 3,974 | -970 | -112 | -1,724 | -3,912 | 2,422 | -947 | -32,271 | |
75/76B |
80 | 80 | - | - | - | 630 | 112 | - | - | - | - | 1,044 | 18 | 183 | |
75 |
80 | 80 | - | - | - | 630 | 112 | - | - | - | - | 1,044 | 18 | 183 | |
65/66B |
6,684 | 6,912 | 3,727 | 25,401 | 1,644 | 1,979 | 2,156 | 11,205 | 15,460 | 2,507 | 2,805 | 4,520 | 3,803 | 12,299 | |
65 |
6,684 | 6,912 | 3,727 | 2,481 | 1,644 | 1,979 | 2,156 | 3,205 | 15,460 | 2,507 | 2,805 | 4,520 | 3,803 | 12,299 | |
66B |
- | - | - | 22,920 | - | - | - | 8,000 | - | - | - | - | - | - | |
9903 |
22,397 | -3,587 | -124 | -21,761 | 1,549 | -9 | 1,930 | -12,174 | -15,572 | -4,231 | -6,728 | -1,054 | -4,732 | -44,387 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | -4 | -24 | 28 | |
9904 |
22,397 | -3,587 | -124 | -21,761 | 1,549 | -9 | 1,930 | -12,174 | -15,572 | -4,231 | -6,728 | -1,050 | -4,709 | -44,415 | |
9905 |
22,397 | -3,587 | -124 | -21,761 | 1,549 | -9 | 1,930 | -12,174 | -15,572 | -4,231 | -6,728 | -1,050 | -4,709 | -44,415 | |
| Appropriation of the result | |||||||||||||||
9906 |
-88,485 | -110,882 | -107,295 | -107,171 | -85,410 | -86,958 | -86,949 | -88,879 | -76,705 | -61,133 | -56,902 | -50,174 | -49,124 | -44,415 | |
14P |
-110,882 | -107,295 | -107,171 | -85,410 | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 21-01-2026 | 2026-00010818 | |
| 30-06-2024 | micro format | 06-02-2025 | 2025-00029667 | |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00009667 | |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00015652 | |
| 30-06-2021 | micro format | 17-01-2022 | 2022-01100308 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02600315 | |
| 30-06-2019 | micro format | 29-01-2020 | 2020-02800522 | |
| 30-06-2018 | micro format | 20-01-2019 | 2019-01800146 | |
| 30-06-2017 | full format | 04-01-2018 | 2018-00300293 | |
| 30-06-2016 | full format | 03-01-2017 | 2017-00100532 | |
| 30-06-2015 | full format | 07-01-2016 | 2016-00700031 | |
| 30-06-2014 | full format | 22-12-2014 | 2014-70200089 | |
| 30-06-2013 | full format | 18-03-2014 | 2014-06800092 | |
| 30-06-2012 | full format | 03-01-2013 | 2013-00100371 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41,847 | 16,092 | 16,449 | 16,486 | 16,107 | 15,412 | 18,921 | 14,986 | 16,942 | 16,449 | 15,660 | 23,083 | 20,984 | 17,536 | ||
| 35,243 | 9,259 | 12,722 | -8,915 | 14,462 | 14,063 | 16,877 | 3,781 | 1,482 | 13,942 | 12,844 | 19,611 | 17,222 | 5,392 | ||
| 0 | 0 | 0 | -70,395 | 5,000 | 0 | 12,960 | 0 | -14,000 | 4,960 | 12,549 | 16,000 | 12,681 | 456,730 | ||
| 9,689 | 4,569 | -1,057 | -10,094 | 10,877 | -1,912 | 2,857 | -14,817 | 14,566 | 165 | -1,383 | -898 | 2,623 | - | ||
| -54,514 | -78,802 | -74,878 | -78,518 | -87,109 | -86,540 | -88,758 | -81,962 | -73,298 | -25,414 | -23,525 | -13,964 | -11,437 | -1,487 | ||
| - | - | - | - | 14.6% | 6.9% | 17.2% | - | - | - | - | - | - | - | ||
| 17.5% | 7.9% | 9.0% | 8.4% | 20.7% | 20.3% | 19.5% | 19.0% | 20.6% | 23.7% | 23.9% | 25.0% | 19.8% | 20.6% | ||
| 0.30 | 0.17 | 0.15 | 0.19 | 0.16 | 0.06 | 0.08 | 0.05 | 0.21 | 0.09 | 0.09 | 0.21 | 0.25 | 0.45 | ||
| 4.73 | 11.71 | 10.15 | 10.88 | 3.82 | 3.92 | 4.14 | 4.27 | 3.86 | 3.23 | 3.18 | 3.00 | 4.06 | 3.86 | ||
| 53.9% | -18.8% | -0.5% | -95.3% | 2.1% | 0.0% | 2.7% | -17.5% | -19.0% | -4.3% | -6.6% | -1.0% | -5.8% | -51.9% | ||
| 9.4% | -1.5% | 0.0% | -8.0% | 0.4% | 0.0% | 0.5% | -3.3% | -3.9% | -1.0% | -1.6% | -0.2% | -1.2% | -10.7% | ||
| 6.26 | 2.33 | 4.41 | 6.65 | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | 18 days | 20 days | 17 days | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | 93 days | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is 8.9 times that of 2024 and the highest since 2012. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 92.1% to 82.5%. Equity is higher and debt is lower.
SOFABLOND has no parent and no holdings in its annual accounts. is the only director.
| AFABLOND
registered office since 28-02-2017 |
founded in 2017 0725.554.555 |
The network starts from the directors of SOFABLOND. Every other company they run is a node.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Armand Ginion 3 registered office 1472 Genappe | 30-11-2010 | 2.193.927.291 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25106G0239/00G000 | 3,525 m² | 1 · 235 m² | 9.0 m · 2 |
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