SOFALO
ActiveSummary
The computed 12-month bankruptcy probability of SOFALO is 2.8% (moderate). The 2025 annual accounts show negative equity (€-25k) and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 13305 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+8
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.33 in 2024; short-term debt: 145.2% and cash: 35% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-45.2%
Return on assets
-12.7%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-25k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
20 d early
2023
46 d early
2022
43 d early
2021
24 d late
2020
51 d late
2019
52 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-25k▼ 39.0%
2024 · €-18k
2018: €-38k
2019: €-43k
2020: €-46k
2021: €6k
2022: €-25k
2023: €-11k
2024: €-18k
2018 → 2025
Total assets
€55k▲ 112%
2024 · €26k
2018: €82k
2019: €61k
2020: €38k
2021: €87k
2022: €50k
2023: €40k
2024: €26k
2018 → 2025
Net result
€-7k▼ 6.2%
2024 · €-7k
2018: €-16k
2019: €-5k
2020: €-4k
2021: €52k
2022: €-31k
2023: €14k
2024: €-7k
2018 → 2025
Working capital
€-58k▼ 110%
2024 · €-28k
2018: €-90k
2019: €-78k
2020: €-66k
2021: €514
2022: €-37k
2023: €-26k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€-25k€-11k▲ 54.9%€-18k▼ 58.0%€-25k▼ 39.0%
Operating result€56k-€-23k€16k€-5k€-1k▲ 76.8%
Net result€52k-€-31k€14k€-7k€-7k▼ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€33k ▲ 165%
Current assets
€22k ▲ 61.6%
Key figures and ratios
EBITDA
€4k▲
2024 · €-2k
Cash flow
€-2k▲
2024 · €-4k
Solvency
-45.2%▲
2024 · -68.8%
Current ratio
0.27▼
2024 · 0.33
Quick ratio
0.24▲
2024 · 0.22
Debt to equity
-3.21▼
2024 · -2.45
ROA
-12.7%▲
2024 · -25.2%
Interest coverage
0.60▲
2024 · -0.85
Debt
€80k▲
2024 · €44k
Debt ≤ 1 year
€80k▲
2024 · €41k
Income taxes
€41
Staff costs
€152k▲
2024 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€55k▲
Fixed assets21/28€13k€33k▲
Tangible fixed assets22/27€6k€22k▲
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24-€17k
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€7k€12k▲
Current assets29/58€13k€22k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€3k-
Other amounts receivable41€3k-
Cash at bank and in hand54/58€6k€19k▲
Equity and liabilities
Total equity and liabilities10/49€26k€55k▲
Equity10/15€-18k€-25k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-36k€-43k▼
Amounts payable17/49€44k€80k▲
Amounts payable within one year42/48€41k€80k▲
Current portion of amounts payable after more than one year42-€13k
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€40k€52k▲
Taxes450/3€21k€24k▲
Remuneration and social security454/9€19k€28k▲
Other amounts payable47/48-€9k
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Remuneration, social security and pensions62€133k€152k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€132k€156k▲
Operating profit (loss)9901€-5k€-1k▲
Financial income75/76B€545-
Recurring financial income75€545-
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-7k€-7k▼
Income taxes67/77-€41
Profit (loss) for the period9904€-7k€-7k▼
Profit (loss) for the period to be appropriated9905€-7k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-43k▼
Profit (loss) brought forward from the previous period14P€-30k€-36k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-31k ▼159%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €52k
Net result €52k after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 1.01
Current ratio from 0.22 to 1.01; short-term debt falls from €84k to €81k.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Court-Saint-Etienne · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue de Wisterzée 11490 Court-Saint-EtienneGround area
197 m²
Building footprint
113 m²
Parcel 25023H0299/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
SOFALO
since 20142.233.865.062
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0299/00G002 | Wallonia | 197 m² | 1 · 113 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCourt-Saint-Etienne2.233.865.062
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 5,521 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.