SOFACO
ActiveSummary
SOFACO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €979,399 and a net result of €61,034. Equity is growing by ~4.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Financials · fiscal year 2026, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,366 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €91,880 | €91,880 | €109,800 | €115,774 | €115,774 | = |
| Non-recurring operating income76A | - | - | €719 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €14,802 | €19,072 | €36,805 | €18,898 | €8,151 | ▼ 56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,520 | €19,520 | €19,520 | €20,699 | €18,346 | ▼ 11.4% |
| Other operating charges640/8 | €510 | €259 | €281 | €323 | €307 | ▼ 5.1% |
| Gross operating margin9900 | €77,078 | €72,807 | €93,515 | €96,876 | €107,623 | ▲ 11.1% |
| Operating profit (loss)9901 | €57,048 | €53,028 | €73,715 | €75,854 | €88,970 | ▲ 17.3% |
| Financial charges65/66B | €317 | €436 | €124 | €143 | €150 | ▲ 5.3% |
| Recurring financial charges65 | €317 | €436 | €124 | €143 | €150 | ▲ 5.3% |
| Profit (loss) for the period before taxes9903 | €56,731 | €52,592 | €73,591 | €75,712 | €88,820 | ▲ 17.3% |
| Income taxes67/77 | €14,599 | €9,263 | €35,509 | €25,177 | €27,786 | ▲ 10.4% |
| Profit (loss) for the period9904 | €42,131 | €43,329 | €38,082 | €50,535 | €61,034 | ▲ 20.8% |
| Profit (loss) for the period to be appropriated9905 | €42,131 | €43,329 | €38,082 | €50,535 | €61,034 | ▲ 20.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | ▲ 7.0% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 13.9% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 13.9% |
| Land and buildings22 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 11.2% |
| Plant, machinery and equipment23 | €0.02m | €0.01m | €0.008m | €0.004m | - | - |
| Financial fixed assets28 | €197 | €197 | €197 | €197 | €197 | = |
| Current assets29/58 | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 10.5% |
| Amounts receivable after more than one year29 | €0.01m | - | - | - | - | - |
| Other amounts receivable291 | €0.01m | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Trade receivables40 | - | €0.01m | €0.01m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.01m | €0.01m | = |
| Cash at bank and in hand54/58 | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 10.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | ▲ 7.0% |
| Equity10/15 | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | ▲ 6.3% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Uncalled capital101 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.01m | €0.06m | €0.09m | €0.1m | €0.2m | ▲ 42.3% |
| Non-distributable reserves130/1 | €0.01m | €0.06m | €0.09m | €0.1m | €0.2m | ▲ 42.3% |
| Legal reserve130 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | €0.04m | €0.08m | €0.1m | €0.2m | ▲ 46.4% |
| Profit (loss) carried forward14 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Amounts payable17/49 | €0.008m | €0.003m | €0.01m | €0.01m | €0.02m | ▲ 57.5% |
| Amounts payable within one year42/48 | €0.008m | €0.003m | €0.01m | €0.01m | €0.02m | ▲ 57.5% |
| Trade debts44 | €0.001m | €0.001m | €0.001m | - | - | - |
| Suppliers440/4 | €0.001m | €0.001m | €0.001m | - | - | - |
| Taxes, remuneration and social security45 | €0.007m | €0.002m | €0.01m | €0.01m | €0.02m | ▲ 57.5% |
| Taxes450/3 | €0.007m | €0.002m | €0.01m | €0.01m | €0.02m | ▲ 57.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,131 | €43,329 | €38,082 | €50,535 | €61,034 | ▲ 20.8% |
| + Depreciation and write-downs630 | €19,520 | €19,520 | €19,520 | €20,699 | €18,346 | ▼ 11.4% |
| Operating cash flow (approximation) | €61,651 | €62,849 | €57,602 | €71,234 | €79,380 | ▲ 11.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €57,652 | €64,588 | €68,877 | €84,167 | ▲ 22.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.