SOFAN
ActiveSOFAN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437k and a net result of €67k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 71% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-4
Solvency93▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 2.41 in 2024; short-term debt: 12.4% and cash: 20.1% of total assets), and 32.1% of the assets are financed with debt.
Credit advice for your own amount and term
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 2025Solvency, return and age of the figures
Solvency
67.9%
Return on assets
10.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
1 d early
2023
12 d late
2022
3 d late
2021
6 d early
2020
9 d late
2019
6 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€437k▲ 18.0%
2024 · €370k
2018: €216k
2019: €215k
2020: €228k
2021: €221k
2022: €240k
2023: €288k
2024: €370k
2018 → 2025
Total assets
€644k▲ 7.9%
2024 · €596k
2018: €232k
2019: €236k
2020: €258k
2021: €464k
2022: €494k
2023: €529k
2024: €596k
2018 → 2025
Net result
€67k▼ 19.0%
2024 · €82k
2018: €13k
2019: €-1k
2020: €14k
2021: €-8k
2022: €20k
2023: €48k
2024: €82k
2018 → 2025
Working capital
€190k▲ 76.9%
2024 · €107k
2018: €213k
2019: €214k
2020: €228k
2021: €160k
2022: €64k
2023: €111k
2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€240k▲ 8.9%€288k▲ 19.9%€370k▲ 28.6%€437k▲ 18.0%
Operating result€-5k-€29k€76k▲ 160%€124k▲ 62.6%€104k▼ 15.9%
Net result€-8k-€20k€48k▲ 142%€82k▲ 72.1%€67k▼ 19.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €644k
Fixed assets
€374k▼ 9.5%
Current assets
€270k▲ 47.1%
Equity and liabilities €644k
Equity
€437k▲ 18.0%
Debt
€207k▼ 8.6%
The debt ratio falls from 37.9% to 32.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€156k▼
2024 · €158k
Cash flow
€119k▲
2024 · €116k
Solvency
67.9%▲
2024 · 62.1%
Current ratio
3.38▲
2024 · 2.41
Quick ratio
3.27▲
2024 · 2.28
Debt / equity
0.47▼
2024 · 0.61
ROE
15.3%▼
2024 · 22.2%
ROA
10.4%▼
2024 · 13.8%
Interest coverage
34.41▼
2024 · 43.36
Debt
€207k▼
2024 · €226k
Debt ≤ 1 year
€80k▲
2024 · €76k
Debt > 1 year
€127k▼
2024 · €150k
Income taxes
€35k▼
2024 · €39k
Staff costs
€57k▲
2024 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€596k€644k▲
Fixed assets21/28€413k€374k▼
Tangible fixed assets22/27€413k€373k▼
Land and buildings22€292k€274k▼
Plant, machinery and equipment23€89k€75k▼
Furniture and vehicles24€32k€25k▼
Financial fixed assets28€432€432=
Current assets29/58€183k€270k▲
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€278€2k▲
Trade receivables40€278€438▲
Other amounts receivable41-€1k
Current investments50/53-€125k
Cash at bank and in hand54/58€167k€129k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€596k€644k▲
Equity10/15€370k€437k▲
Contributions10/11€6k€6k=
Reserves13€224k€291k▲
Tax-exempt reserves132€25k€25k=
Distributable reserves133€200k€266k▲
Profit (loss) carried forward14€140k€140k▲
Amounts payable17/49€226k€207k▼
Amounts payable after more than one year17€150k€127k▼
Financial debts170/4€149k€126k▼
Other amounts payable178/9€500€500=
Amounts payable within one year42/48€76k€80k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€24k€25k▲
Taxes450/3€20k€21k▲
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€26k€26k▲
Accrued charges and deferred income492/3€150-
Income statement
Code20242025
Non-recurring operating income76A€11k€301▼
Remuneration, social security and pensions62€55k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€52k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€217k€218k▲
Operating profit (loss)9901€124k€104k▼
Financial income75/76B€584€2k▲
Recurring financial income75€584€2k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€121k€102k▼
Income taxes67/77€39k€35k▼
Profit (loss) for the period9904€82k€67k▼
Profit (loss) for the period to be appropriated9905€82k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€222k€206k▼
Profit (loss) brought forward from the previous period14P€139k€140k▲
Transfer to equity691/2€82k€67k▼
To other reserves6921€82k€67k▼
The notes to these accounts (11 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €82k ▲72.1%
Operating result €124k, net result €82k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-8k ▼154%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Tienen · 1 establishment unit since 1993
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.
Leuvensestraat 63300 TienenGround area
187 m²
Building footprint
145 m²
Volume, LiDAR
1,313 m³
Parcel 24593G0201/00K000, Flanders · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Leuvensestraat 6, 3300 Tienen
since 19932.063.987.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24593G0201/00K000 | Flanders | 187 m² | 1 · 145 m² | 16.2 m · 2 fl. |
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 siteTienen2.063.987.279
Similar companies · same sector, comparable size
EXPRINT
BE 0433.476.865
Waterloo · Eq €439k
ENFANT TERRIBLE
BE 0636.790.746
Kluisbergen · Eq €450k
MERTENS BERNI
BE 0860.654.571
Halle · Eq €357k
FAVEO
BE 0418.437.214
Deinze · Eq €343k
FINTECH - INTERNATIONAL
BE 0419.966.844
Elsene · Eq €570k
Of 165 companies in sector 46491 we hold annual accounts for 91. 71 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-1993
Fiscal year end31-12
Activities, NACEBEL
46491Wholesale trade
56101Full-service restaurants
56111Full-service restaurants
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.