SOFARC
Dissolution or liquidationSummary
SOFARC was declared bankrupt on 13-10-2008 (Tribunal de commerce de Bruxelles); the bankruptcy declaration was reversed by judgment of 22-12-2008, published in the Belgian State Gazette on 05-01-2009. The KBO register records for SOFARC the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2011 annual accounts show equity of €53,728 and a net result of €256.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2011 was due by 31-01-2012 and was filed on 15-02-2012, 15 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 filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2011, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€256▼ 97.6%
2010 · €10,562
Working capital
-€32,184
2010 · €52,134
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2007200820102011
Operating result-€109,662--€5,256▲ 95.2%€20,833-€23,415▲ 12.4%
Net result€51,600--€25,723€10,562-€256▼ 97.6%
Equity€68,625-€42,902▼ 37.5%€53,472-€53,728▲ 0.5%
Total assets€197,967-€135,428▼ 31.6%€102,222-€116,220▲ 13.7%
Debt€129,342-€92,526▼ 28.5%€48,750-€62,492▲ 28.2%
Working capital€122,676-€55,620▼ 54.7%€52,134--€32,184
Staff (FTE)1.8-
Result per fiscal year
Operating resultNet result
The operating result rises in 2011; 2011 is 12% above 2010 and is the highest result in the available series.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €116,220
Fixed assets
€85,912 ▲ 6,321%
Current assets
€30,308 ▼ 70.0%
Equity and liabilities €116,220
Equity
€53,728 ▲ 0.5%
Debt
€62,492 ▲ 28.2%
Debt's share of the balance-sheet total rises from 47.7% to 53.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27,122▲
2010 · €24,192
Cash flow
€3,962▼
2010 · €13,920
Current ratio
0.48▼
2010 · 2.07
ROE
0.5%▼
2010 · 19.8%
ROA
0.2%▼
2010 · 10.3%
Debt ≤ 1 year
€62,492▲
2010 · €48,750
Income taxes
€23,067▲
2010 · €7,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2010 | 2011 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,162 | €2,646 | €3,359 | €3,707 | ▲ 10.4% |
| Gross operating margin9900 | -€25,360 | €23,898 | €27,442 | €27,122 | ▼ 1.2% |
| Operating profit (loss)9901 | -€109,662 | -€5,256 | €20,833 | €23,415 | ▲ 12.4% |
| Recurring financial income75 | €52 | €63 | €56 | €9 | ▼ 84.7% |
| Recurring financial charges65 | €1,291 | €186 | €3,319 | €101 | ▼ 97.0% |
| Profit (loss) for the period before taxes9903 | €51,600 | -€5,379 | €17,570 | €23,323 | ▲ 32.7% |
| Income taxes67/77 | - | €20,344 | €7,008 | €23,067 | ▲ 229% |
| Profit (loss) for the period9904 | €51,600 | -€25,723 | €10,562 | €256 | ▼ 97.6% |
| Profit (loss) for the period to be appropriated9905 | €51,600 | -€25,723 | €10,562 | €256 | ▼ 97.6% |
| Line | 2007 | 2008 | 2010 | 2011 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €197,967 | €135,428 | €102,222 | €116,220 | ▲ 13.7% |
| Fixed assets21/28 | €6,340 | €4,697 | €1,338 | €85,912 | ▲ 6,321% |
| Tangible fixed assets22/27 | €6,340 | €4,697 | €1,338 | €4,738 | ▲ 254% |
| Financial fixed assets28 | - | - | - | €81,174 | - |
| Current assets29/58 | €191,627 | €130,731 | €100,884 | €30,308 | ▼ 70.0% |
| Amounts receivable within one year40/41 | €175,693 | €130,731 | €98,539 | €5,000 | ▼ 94.9% |
| Cash at bank and in hand54/58 | €15,392 | - | €2,344 | €25,308 | ▲ 979% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €197,967 | €135,428 | €102,222 | €116,220 | ▲ 13.7% |
| Equity10/15 | €68,625 | €42,902 | €53,472 | €53,728 | ▲ 0.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,600 | €18,600 | = |
| Reserves13 | €1,859 | €1,859 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €48,174 | €22,451 | €33,012 | €33,268 | ▲ 0.8% |
| Amounts payable17/49 | €129,342 | €92,526 | €48,750 | €62,492 | ▲ 28.2% |
| Amounts payable within one year42/48 | €68,951 | €75,111 | €48,750 | €62,492 | ▲ 28.2% |
| Trade debts44 | €44,080 | €34,634 | €5,000 | €12,132 | ▲ 143% |
| Line | 2007 | 2008 | 2010 | 2011 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,600 | -€25,723 | €10,562 | €256 | ▼ 97.6% |
| + Depreciation and write-downs630 | €4,162 | €2,646 | €3,359 | €3,707 | ▲ 10.4% |
| Operating cash flow (approximation) | €55,762 | -€23,077 | €13,920 | €3,962 | ▼ 71.5% |
| Investment in fixed assets (approximation) | - | -€1,003 | - | -€88,281 | - |
| Change in cash | - | - | - | €22,964 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2012
15-02
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 15 days late
2011
28-01
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
28-01
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 546 days late
2010
30-06
Financial
Back to profitnet €10,562
Net result €10,562 after one loss-making year.
2009
05-01
Bankruptcy
Bankruptcy reversal
Tribunal de commerce de Bruxelles · event 22-12-2008
2008
31-12
Financial
Weakest financial yearnet -€25,723
Net result drops to -€25,723, the lowest in the series.
21-11
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 113 days late
21-11
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 479 days late
21-11
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 844 days late
24-10
Bankruptcy
Opening
Tribunal de commerce de Bruxelles · event 13-10-2008
2006
06-12
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 493 days late
06-12
NBB filing
Annual accounts filed
fiscal year 2003 · full schema · 858 days late
06-12
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 1224 days late
2002
30-12
NBB filing
Annual accounts filed
fiscal year 2001 · full schema · 152 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Sint-Pieters-Woluwe · 1 establishment unit since 1989
Ground area
2,100 m²
Building footprint
523 m²
Volume, LiDAR
8,374 m³
2 parcels, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
U.S.C.
since 19892.042.328.862
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0048/00H006 | Brussels | 1,908 m² | 1 · 471 m² | 20.6 m · 6 fl. |
| 21683D0371/00F070 | Brussels | 192 m² | 1 · 52 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Me Jaspar Jean-Louis, avenue De Fré 229, 1180 Bruxelles-18 |
13-10-2008 → 22-12-2008 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-1989
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.