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).
Overview
What they do
Activity not known1 site
How big
€115,774turnover 2026
- Equity
- €979,399
- Profit
- €61,034
Who decides
Accounts 5 d early0 of 3 deeds read
Why 90- No NACE activity registered- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2026
Axes · tick = 2025
Profitability84=
Solvency100=
Growth65=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 41.58 against 59.27 in 2025; short-term debt: 2.1% and cash: 87.3% of total assets), and 2.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 2026Solvency, return and age of the figures
Solvency
97.9%
Return on assets
6.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 26-08-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
5 d early
2025
3 d early
2024
19 d late
2023
91 d late
2022
224 d late
2021
589 d late
2020
954 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 267 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 20 September (4 of the last 5 filed years within 71 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-01-2027 close31-08-2027 deadline
- Annual accounts filedfiscal year 2026 · abbreviated…
- Highest result since 2019net €61,034 ▲20.8%
- Annual accounts filedfiscal year 2025 · micro…
Financials · fiscal year 2026, abbreviated schema
Turnover
€115,774=
2025 · €115,774
EBIT margin
76.8%▲ 11.3pp
2025 · 65.5%
Net result
€61,034▲ 20.8%
2025 · €50,535
Working capital
€865,482▲ 9.7%
2025 · €789,101
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover€0.09m▼ 4.2%€0.09m=€0.1m▲ 19.5%€0.1m▲ 5.4%€0.1m=
Operating result€0.06m▼ 8.1%€0.05m▼ 7.0%€0.07m▲ 39.0%€0.08m▲ 2.9%€0.09m▲ 17.3%
Net result€0.04m▼ 3.1%€0.04m▲ 2.8%€0.04m▼ 12.1%€0.05m▲ 32.7%€0.06m▲ 20.8%
EBIT margin62.1%▼ 2.7pp57.7%▼ 4.4pp67.1%▲ 9.4pp65.5%▼ 1.6pp76.8%▲ 11.3pp
Equity€0.8m▲ 5.2%€0.8m▲ 5.4%€0.9m▲ 4.2%€0.9m▲ 5.3%€1.0m▲ 6.3%
Total assets€0.8m▲ 3.8%€0.8m▲ 4.7%€0.9m▲ 5.3%€0.9m▲ 5.3%€1.0m▲ 7.0%
Debt€0.008m▼ 55.4%€0.003m▼ 65.3%€0.01m▲ 362%€0.01m▲ 6.3%€0.02m▲ 57.5%
Working capital€0.6m▲ 10.8%€0.7m▲ 10.4%€0.7m▲ 8.2%€0.8m▲ 9.3%€0.9m▲ 9.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 17% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.0m
Fixed assets
€113,918 ▼ 13.9%
Current assets
€886,811 ▲ 10.5%
Equity and liabilities €1.0m
Equity
€979,399 ▲ 6.3%
Debt
€21,329 ▲ 57.5%
Debt's share of the balance-sheet total rises from 1.4% to 2.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€107,317▲
2025 · €96,553
Cash flow
€79,380▲
2025 · €71,234
Current ratio
41.58▼
2025 · 59.27
Debt to equity
0.02▲
2025 · 0.01
ROE
6.2%▲
2025 · 5.5%
ROA
6.1%▲
2025 · 5.4%
Interest coverage
715.44▲
2025 · 677.56
Debt ≤ 1 year
€21,329▲
2025 · €13,543
Income taxes
€27,786▲
2025 · €25,177
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
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
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
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.
Annual accounts
| 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.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-01
Financial
Highest result since 2019net €61,034 ▲20.8%
Operating result €88,970, net result €61,034, both a record.
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 224 days late
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 589 days late
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 954 days late
31-01
Financial
Liquidity triplescurrent ratio 243.08
Current ratio from 77.00 to 243.08; short-term debt falls from €7,953 to €2,756.
2022
31-01
Financial
Liquidity doublescurrent ratio 77.00
Current ratio from 31.57 to 77.00; short-term debt falls from €17,839 to €7,953.
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 206 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 571 days late
Show earlier events
31-01
Financial
Weakest financial yearnet €23,948 ▼17.4%
Net result drops to €23,948, the lowest in the series; recovery starts the following year.
31-01
Financial
Liquidity doublescurrent ratio 134.85
Current ratio from 66.55 to 134.85; short-term debt falls from €7,030 to €3,686.
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Register details
Identification
Legal formPublic limited company
Founded30-10-1984
Fiscal year end31-01
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426422391
Also
9925:BE0426422391
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 2 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Mettet · 1 establishment unit since 1984
Ground area
4,037 m²
Building footprint
84 m²
Volume, LiDAR
281 m³
Parcel 92087G0200/00B006, Wallonia · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NOPRI
since 1984unit no. 2.025.721.967
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92087G0200/00B006 | Wallonia | 4,037 m² | 1 · 84 m² | 4.2 m · 1 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.