SOFANIE
ActiveSOFANIE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €658k and a net result of €280k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-2
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 20.3 against 0.87 in 2023; short-term debt: 4.1% and cash: 10% of total assets), and 4.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.7%
Return on assets
40.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
29 d late
2022
30 d late
2021
2 d early
2020
31 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€658k▲ 74.0%
2023 · €378k
2018: €307k
2019: €313k
2020: €323k
2021: €335k
2022: €348k
2023: €378k
2018 → 2024
Total assets
€688k▲ 32.4%
2023 · €520k
2018: €496k
2019: €495k
2020: €471k
2021: €455k
2022: €478k
2023: €520k
2018 → 2024
Net result
€280k▲ 822%
2023 · €30k
2018: €7k
2019: €7k
2020: €10k
2021: €13k
2022: €13k
2023: €30k
2018 → 2024
Working capital
€547k
2023 · €-19k
2018: €-122k
2019: €-116k
2020: €-107k
2021: €-94k
2022: €-82k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€323k-€335k▲ 3.9%€348k▲ 3.8%€378k▲ 8.7%€658k▲ 74.0%
Operating result€15k-€19k▲ 28.1%€19k=€17k▼ 7.9%€-40k
Net result€10k-€13k▲ 27.8%€13k▼ 0.2%€30k▲ 141%€280k▲ 822%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €40k after €17k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €688k
Fixed assets
€113k▼ 71.6%
Current assets
€575k▲ 371%
Equity and liabilities €688k
Equity
€658k▲ 74.0%
Debt
€30k▼ 79.1%
The debt ratio falls from 27.2% to 4.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-40k
Cash flow
€280k
Solvency
95.7%▲
2023 · 72.8%
Current ratio
20.30▲
2023 · 0.87
Quick ratio
20.30▲
2023 · 0.87
Debt / equity
0.04▼
2023 · 0.37
ROE
42.5%▲
2023 · 8.0%
ROA
40.7%▲
2023 · 5.8%
Interest coverage
-18.57
Debt
€30k▼
2023 · €141k
Debt ≤ 1 year
€28k▼
2023 · €141k
Income taxes
€28k▲
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€520k€688k▲
Fixed assets21/28€397k€113k▼
Tangible fixed assets22/27€111k€113k▲
Land and buildings22€111k€111k=
Plant, machinery and equipment23-€601
Furniture and vehicles24-€707
Financial fixed assets28€286k-
Current assets29/58€122k€575k▲
Amounts receivable within one year40/41€122k€6k▼
Trade receivables40€69k-
Other amounts receivable41€53k€6k▼
Current investments50/53-€500k
Cash at bank and in hand54/58€4€69k▲
Equity and liabilities
Total equity and liabilities10/49€520k€688k▲
Equity10/15€378k€658k▲
Contributions10/11€145k€145k=
Reserves13€102k€382k▲
Distributable reserves133€102k€382k▲
Profit (loss) carried forward14€132k€132k▲
Amounts payable17/49€141k€30k▼
Amounts payable within one year42/48€141k€28k▼
Trade debts44€2k€102▼
Suppliers440/4€2k€102▼
Taxes, remuneration and social security45€15k€28k▲
Taxes450/3€15k€28k▲
Other amounts payable47/48€124k-
Accrued charges and deferred income492/3€394€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€59
Other operating charges640/8€338€301▼
Gross operating margin9900€18k€-40k▼
Operating profit (loss)9901€17k€-40k▼
Financial income75/76B€21k€350k▲
Recurring financial income75€21k€350k▲
Financial charges65/66B€259€2k▲
Recurring financial charges65€259€2k▲
Profit (loss) for the period before taxes9903€38k€308k▲
Income taxes67/77€8k€28k▲
Profit (loss) for the period9904€30k€280k▲
Profit (loss) for the period to be appropriated9905€30k€280k▲
Appropriation of the result
Profit (loss) to be appropriated9906€163k€412k▲
Profit (loss) brought forward from the previous period14P€132k€132k=
Transfer to equity691/2€30k€280k▲
To other reserves6921€30k€280k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €280k ▲822%
Net result €280k, the highest in the series.
31-12
Financial
Liquidity times 23current ratio 20.30
Current ratio from 0.87 to 20.30; short-term debt falls from €141k to €28k.
31-12
Financial
Equity above €500kEq €658k ▲74%
7 profitable years in a row build equity to €658k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Koksijde · 1 establishment unit since 1992
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.
Ten Bogaerdelaan(Kok) 28670 KoksijdeGround area
7,788 m²
Building footprint
2,100 m²
Volume, LiDAR
18,827 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOFANIE
since 19922.056.926.768
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38024A0033/00E000 | Flanders | 5,532 m² | 1 · 1,873 m² | 11.6 m · 3 fl. |
| 38343A0843/00D000 | Flanders | 2,255 m² | 1 · 227 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STEDI CARS
BE 0888.061.823
Halle · Eq €659k
ADVENTURE CARS HANSSENS
BE 0478.910.873
Merelbeke-Melle · Eq €659k
CARROSSERIE DEBODT
BE 0442.122.436
Koekelberg · Eq €658k
CALUWIER SERVICE
BE 0897.694.517
Zwevegem · Eq €657k
VANDEGINSTE
BE 0419.934.477
Torhout · Eq €657k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,272 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-1991
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.