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SOFACOVER

Active
Private limited companyfounded 2001active for 25 yearsDe Spijker 13, 8540 Deerlijk, BelgiumKBO/BCE: BE 0473.612.792
Summary

SOFACOVER has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €602,188 and a net result of €130,210. Equity has been growing by about 10% per year since 2019. Its solvency ranks better than 31% of 199 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-01-2001 Normal situation
Activity
Manufacture of textiles NACE 13100and 1 other
Joint committees
120 Paritair Comité voor de textielnijverheid
214 Paritair Comité voor de bedienden van de textielnijverheid · annual accounts 30-06-2025
Establishment unit
2.197.576.570 8540 Deerlijk, since 29-03-2011
Financial year end
30 June
Peppol
Reachable since 12-12-2025

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€450,183
▲ 33.3%
Turnover
≈ €1.1m
estimated
Profit
€130,210
▲ 140%
Equity
€602,188
▲ 2.5%
Total assets
€2.1m
▲ 0.7%
Employees on 30-06-2025
3
=
Filed on 26-01-2026, 5 days before the deadline
Score breakdownlowers riskSize: 3 FTE, total assets €2.1mFigures for financial year 2025 (filed on 26-01-2026)Founded in 2001Liquidity: current ratio 1.54, cash €300,556Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in textiles (NACE 13)
Financial strength · tick: 2024
Strong
Solvency 53=
equity 28.4% of total assets
Liquidity 55+7
short-term debt 30.8% · cash 14.2%
Profitability 76+4
return on assets 6.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.2%▲ +0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025highest value 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.73 in 2024), above the usual 1.5. Short-term debt is 30.8% and cash 14.2% of total assets. However, 71.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro). It does better than 33% of them on solvency, 52% on liquidity, 62% on profitability and 50% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: 3 FTE, total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-01-2026)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.54, cash €300,556
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 days early
2024
43 days early
2023
56 days early
2022
46 days early
2021
38 days early
2020
27 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 19 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €54,351 to €130,210 ▲ 140% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignations: DESLEE Pieter Maurice Martha, VANDERBRUGGHEN Cindy and VANHOUTTE Rita Maria PharaïldeReappointments: DESLEE Pieter Maurice Martha, VANDERBRUGGHEN Cindy and VANHOUTTE Rita Maria Pharaïlde
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SOFACOVER: manufacture of textiles (NACE 13100). They are comparable in size and age: total assets between €1.2m and €5.9m, founded between 1988 and 2009.

CompanyTotal assetsGross margin
SOFACOVER Deerlijk€2.1m€0.5m
CHRISTIAEN Ichtegem€5.0m€0.3m
VAN LAEKE VLASBEWERKING Sint-Laureins€1.2m€0.3m
VLASHANDEL L. MICHELS Deinze€3.3m€0.9m
ZARGAL Oostende€5.9m€0.7m
BELO VELVETS Anzegem€2.7m€0.3m
DELOLIN Lendelede€3.6m€0.7m
Full comparison

Key facts about SOFACOVER

What is the company number of SOFACOVER?
The company number of SOFACOVER is 0473.612.792. The VAT number is the same number with BE in front: BE 0473.612.792.
Where is SOFACOVER based?
The registered office is at De Spijker 13, 8540 Deerlijk.Company details
What does SOFACOVER do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13100).
What is the legal form of SOFACOVER?
The legal form of SOFACOVER is Private limited company (BV).
When was SOFACOVER founded?
SOFACOVER was founded on 11-01-2001.
Is SOFACOVER still active?
Yes, SOFACOVER is an active enterprise in the KBO register.
How many employees does SOFACOVER have?
SOFACOVER had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SOFACOVER fall under?
In its 30-06-2025 annual accounts, SOFACOVER states joint committees 120 (Paritair Comité voor de textielnijverheid) and 214 (Paritair Comité voor de bedienden van de textielnijverheid).
What is the turnover of SOFACOVER?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €450,183 and 2,285 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate.
Is SOFACOVER profitable?
In financial year 2025, SOFACOVER made a profit of €130,210.
Where can I find the annual accounts of SOFACOVER?
SOFACOVER filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOFACOVER due?
SOFACOVER must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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