SOFAGRI · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SOFAGRI is 0.1% (very low). The 2025 annual accounts show equity of €305k and a net result of €78k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 221 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-11-2025, 74 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 8 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	18-11-2025	74 d early	2025-00568777
30-06-2024	31-01-2025	04-11-2024	88 d early	2024-00526872
30-06-2023	31-01-2024	08-11-2023	84 d early	2023-00510072
30-06-2022	31-01-2023	01-12-2022	61 d early	2022-20530866
30-06-2021	31-01-2022	18-11-2021	74 d early	2021-77600364
30-06-2020	31-01-2021	13-11-2020	79 d early	2020-70500429
30-06-2019	31-01-2020	30-10-2019	93 d early	2019-72000472
30-06-2018	31-01-2019	13-11-2018	79 d early	2018-72100214

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2009, 17 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€141k+24.1%

EBIT margin41.8%+45.2pp

Net result€78k

Working capital€-173k+23.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 18-11-2025 with the NBB · fiscal year 2025 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~66% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 01, Agriculture · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	20.7%	23.3%	better than 47% of 221 sector peers
Net result	€78k	€9k	better than 88% of 221 sector peers
Equity	€305k	€66k	better than 88% of 221 sector peers
Gross operating margin	€374k	€47k	better than 95% of 221 sector peers
Total assets	€1.47M	€279k	better than 92% of 221 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P47

Weakening position over 2020-2025 · n=179-816

Net result P88

Weakening position over 2020-2025 · n=179-815

Equity P88

Stable position over 2020-2025 · n=179-816

Gross operating margin P95

Improving position over 2020-2025 · n=179-816

Describes the position versus peers, not a forecast.

Revenue

€141k

+24.1% 19-25

EBITDA

€342k

+50.4% 19-25

Net profit

€78k

- 19-25

Cash flow

€307k

+38.6% 19-25

Total assets

€1.47M

+25.3% 19-25

Equity

€305k

+33.3% 19-25

Working capital

€-173k

+23.3% 19-25

Debt

€1.13M

+21.6% 19-25

Show 11 other metrics

Debt ≤ 1y

€564k

+9.9% 19-25

Debt > 1y

€563k

+36.0% 19-25

Current ratio

0.69

+23.7% 19-25

Quick ratio

0.69

+29.0% 19-25

Solvency

20.7%

+6.4% 19-25

Debt / equity

3.70

-8.8% 19-25

ROE

25.5%

- 19-25

ROA

5.3%

- 19-25

Net margin

37.0%

-56.0% 19-25

EBITDA margin

86.3%

+10.0% 19-25

Interest coverage

20.66

+21.8% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€342k
Net profit	€78k
Cash flow	€307k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.47M
Equity	€305k
Debt	€1.13M
of which ≤ 1y	€564k
of which > 1y	€563k
Working capital	€-173k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.69
Quick ratio	0.69
Working capital ratio	-11.8%
Solvency	20.7%
Debt / equity	3.70
Long-term debt ratio	1.85
Interest coverage	20.66
Gross margin	-
Net margin	-
ROA	5.3%
ROE	25.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €1.08M · 73.4% Current assets €391k · 26.6%

Equity & liabilities

Equity €305k · 20.7% Provisions €39k · 2.6% Debt €1.13M · 76.6%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.47M
Fixed assets	21/28	€1.08M
Tangible fixed assets	22/27	€1.08M
Current assets	29/58	€391k
Stocks & contracts in progress	3	€1k
Amounts receivable within one year	40/41	€216k
Cash & bank	54/58	€174k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.47M
Equity	10/15	€305k
Contributions / capital	10/11	€20k
Reserves	13	€118k
Accumulated profits (losses)	14	€167k
Provisions & deferred taxes	16	€39k
Amounts payable	17/49	€1.13M
Amounts payable after one year	17	€563k
Amounts payable within one year	42/48	€564k
Trade debts payable within one year	44	€74k
Income statement
Gross operating margin	9900	€374k
Operating result	9901	€113k
Financial income	75	€2k
Financial charges	65	€17k
Result before taxes	9903	€98k
Net result for the period	9904	€78k
Result to be appropriated	9905	€16k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

56 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

1 director

2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

STAELENS Pierre
Director
State Gazette act 23434832 (23-11-2023)

Current
23-11-2023 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Ondersteunende activiteiten in verband met de teelt van gewassen(01610)
Legal form	Private limited company(610)
Incorporation	12-03-2009
Status	Active
Postal code	7804

Structure & network

Locations & real estate

Registered office

on the map · from the address register

approximate (street level) On OpenStreetMap

Establishment units

1 location

Chemin de Martincamp(Ost) 100, 7804 Ath

Ondersteunende activiteiten in verband met de teelt van gewassen

since 20092.177.092.150

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area5,919 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)