Summary
SOFARDI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.63M and a net result of €122k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 65% of 9863 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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
55 d late
2024
on the day
2023
1 d early
2022
31 d early
2021
11 d early
2020
9 d early
2019
21 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8.63M▲ 1.4%
2024 · €8.51M
2018: €4.27M
2019: €4.27M▼ -0.1% vs 2018
2020: €4.27M▼ -0.1% vs 2019lowest in 8 years
2021: €12.67M▲ +197% vs 2020highest in 8 years
2022: €12.03M▼ -5.1% vs 2021
2023: €8.10M▼ -32.7% vs 2022
2024: €8.51M▲ +5.1% vs 2023
2025: €8.63M▲ +1.4% vs 2024
2018 → 2025
Net result
€122k▼ 70.2%
2024 · €411k
2018: €-6k
2019: €-4k▲ +36.8% vs 2018
2020: €-4k▲ +8.4% vs 2019
2021: €8.41M▲ +238037% vs 2020highest in 8 years
2022: €-641k▼ -108% vs 2021lowest in 8 years
2023: €-24k▲ +96.2% vs 2022
2024: €411k▲ +1790% vs 2023
2025: €122k▼ -70.2% vs 2024
2018 → 2025
Total assets
€10.13M▼ 16.5%
2024 · €12.12M
2018: €4.28M
2019: €4.28M▼ -0.1% vs 2018
2020: €4.27M▼ -0.1% vs 2019lowest in 8 years
2021: €13.52M▲ +216% vs 2020highest in 8 years
2022: €12.87M▼ -4.8% vs 2021
2023: €11.80M▼ -8.3% vs 2022
2024: €12.12M▲ +2.7% vs 2023
2025: €10.13M▼ -16.5% vs 2024
2018 → 2025
Solvency
85.2%▲ 15.1pp
2024 · 70.2%
2018: 99.8%
2019: 99.9%● +0.0% vs 2018highest in 8 years
2020: 99.8%● -0.0% vs 2019
2021: 93.8%▼ -6.1% vs 2020
2022: 93.5%▼ -0.3% vs 2021
2023: 68.6%▼ -26.6% vs 2022lowest in 8 years
2024: 70.2%▲ +2.3% vs 2023
2025: 85.2%▲ +21.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12.67M-€12.03M▼ 5.1%€8.10M▼ 32.7%€8.51M▲ 5.1%€8.63M▲ 1.4%
2021: €12.67Mhighest in 5 years
2022: €12.03M▼ -5.1% vs 2021
2023: €8.10M▼ -32.7% vs 2022lowest in 5 years
2024: €8.51M▲ +5.1% vs 2023
2025: €8.63M▲ +1.4% vs 2024
Operating result€-440k-€-16k▲ 96.5%€-10k▲ 34.1%€-8k▲ 22.5%€-9k▼ 13.0%
2021: €-440klowest in 5 years
2022: €-16k▲ +96.5% vs 2021
2023: €-10k▲ +34.1% vs 2022
2024: €-8k▲ +22.5% vs 2023highest in 5 years
2025: €-9k▼ -13.0% vs 2024
Net result€8.41M-€-641k€-24k▲ 96.2%€411k€122k▼ 70.2%
2021: €8.41Mhighest in 5 years
2022: €-641k▼ -108% vs 2021lowest in 5 years
2023: €-24k▲ +96.2% vs 2022
2024: €411k▲ +1790% vs 2023
2025: €122k▼ -70.2% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €8k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.13M
Fixed assets
€2.80M =
Current assets
€7.33M ▼ 21.4%
Equity and liabilities €10.13M
Equity
€8.63M ▲ 1.4%
Debt
€1.50M ▼ 58.6%
Debt's share of the balance-sheet total falls from 29.8% to 14.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
1.4%▼
2024 · 4.8%
ROA
1.2%▼
2024 · 3.4%
Debt ≤ 1 year
€1.50M▼
2024 · €3.62M
Income taxes
€30k▲
2024 · €2k
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.12M€10.13M▼
Fixed assets21/28€2.80M€2.80M=
Financial fixed assets28€2.80M€2.80M=
Current assets29/58€9.32M€7.33M▼
Amounts receivable within one year40/41€2.37M€3.28M▲
Other amounts receivable41€2.37M€3.28M▲
Current investments50/53€6.85M€3.93M▼
Cash at bank and in hand54/58€109k€123k▲
Equity and liabilities
Total equity and liabilities10/49€12.12M€10.13M▼
Equity10/15€8.51M€8.63M▲
Contributions10/11€383k€383k=
Reserves13€8.38M€8.38M=
Distributable reserves133€8.38M€8.38M=
Profit (loss) carried forward14€-254k€-132k▲
Amounts payable17/49€3.62M€1.50M▼
Amounts payable within one year42/48€3.62M€1.50M▼
Taxes, remuneration and social security45-€30k
Taxes450/3-€30k
Other amounts payable47/48€3.62M€1.47M▼
Accrued charges and deferred income492/3€428€403▼
Income statement
Code20242025
Other operating charges640/8€968€998▲
Gross operating margin9900€-7k€-8k▼
Operating profit (loss)9901€-8k€-9k▼
Financial income75/76B€446k€163k▼
Recurring financial income75€446k€1k▼
Non-recurring financial income76B-€161k
Financial charges65/66B€25k€1k▼
Recurring financial charges65€25k€1k▼
Profit (loss) for the period before taxes9903€413k€152k▼
Income taxes67/77€2k€30k▲
Profit (loss) for the period9904€411k€122k▼
Profit (loss) for the period to be appropriated9905€411k€122k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-254k€-132k▲
Profit (loss) brought forward from the previous period14P€-665k€-254k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €868 | €868 | €997 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | €-439k | €-15k | €-9k | €-7k | €-8k | ▼ 14.3% |
| Operating profit (loss)9901 | €-440k | €-16k | €-10k | €-8k | €-9k | ▼ 13.0% |
| Financial income75/76B | €9.68M | €82 | €2k | €446k | €163k | ▼ 63.6% |
| Recurring financial income75 | €9.68M | €82 | €2k | €446k | €1k | ▼ 99.7% |
| Non-recurring financial income76B | €9.68M | - | - | - | €161k | - |
| Financial charges65/66B | €732 | €625k | €16k | €25k | €1k | ▼ 95.1% |
| Recurring financial charges65 | €732 | €625k | €16k | €25k | €1k | ▼ 95.1% |
| Profit (loss) for the period before taxes9903 | €9.24M | €-641k | €-24k | €413k | €152k | ▼ 63.1% |
| Income taxes67/77 | €838k | - | - | €2k | €30k | ▲ 1,381% |
| Profit (loss) for the period9904 | €8.41M | €-641k | €-24k | €411k | €122k | ▼ 70.2% |
| Profit (loss) for the period to be appropriated9905 | €8.41M | €-641k | €-24k | €411k | €122k | ▼ 70.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.52M | €12.87M | €11.80M | €12.12M | €10.13M | ▼ 16.5% |
| Fixed assets21/28 | €2.80M | €2.80M | €2.80M | €2.80M | €2.80M | = |
| Financial fixed assets28 | €2.80M | €2.80M | €2.80M | €2.80M | €2.80M | = |
| Current assets29/58 | €10.72M | €10.07M | €9.00M | €9.32M | €7.33M | ▼ 21.4% |
| Amounts receivable within one year40/41 | - | €1.30M | €1.79M | €2.37M | €3.28M | ▲ 38.4% |
| Other amounts receivable41 | - | €1.30M | €1.79M | €2.37M | €3.28M | ▲ 38.4% |
| Current investments50/53 | €10.23M | €8.72M | €6.96M | €6.85M | €3.93M | ▼ 42.7% |
| Cash at bank and in hand54/58 | €491k | €50k | €255k | €109k | €123k | ▲ 13.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.52M | €12.87M | €11.80M | €12.12M | €10.13M | ▼ 16.5% |
| Equity10/15 | €12.67M | €12.03M | €8.10M | €8.51M | €8.63M | ▲ 1.4% |
| Contributions10/11 | €4.28M | €4.28M | €383k | €383k | €383k | = |
| Reserves13 | €8.39M | €8.39M | €8.38M | €8.38M | €8.38M | = |
| Non-distributable reserves130/1 | €14k | - | - | - | - | - |
| Reserves not available under the articles1311 | €14k | - | - | - | - | - |
| Distributable reserves133 | €8.38M | €8.39M | €8.38M | €8.38M | €8.38M | = |
| Profit (loss) carried forward14 | - | €-641k | €-665k | €-254k | €-132k | ▲ 48.2% |
| Amounts payable17/49 | €844k | €838k | €3.71M | €3.62M | €1.50M | ▼ 58.6% |
| Amounts payable within one year42/48 | €844k | €838k | €3.71M | €3.62M | €1.50M | ▼ 58.6% |
| Taxes, remuneration and social security45 | €838k | €838k | - | - | €30k | - |
| Taxes450/3 | €838k | €838k | - | - | €30k | - |
| Other amounts payable47/48 | €6k | - | €3.71M | €3.62M | €1.47M | ▼ 59.5% |
| Accrued charges and deferred income492/3 | - | - | €288 | €428 | €403 | ▼ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8.41M | €-641k | €-24k | €411k | €122k | ▼ 70.2% |
| Operating cash flow (approximation) | €8.41M | €-641k | €-24k | €411k | €122k | ▼ 70.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-441k | €205k | €-147k | €14k | ▲ 110% |
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
Next filing, fiscal year 2026, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €411k
Net result €411k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-641k
Net result drops to €-641k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €8.41M
Net result €8.41M after 3 loss-making years.
31-12
Financial
Liquidity times 13current ratio 12.69
Current ratio from 0.94 to 12.69.
31-12
Financial
Equity above €10MEq €12.67M ▲197%
Equity rises from €4.27M to €12.67M.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-06
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.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Machelen (Brab.) · 1 establishment unit since 2011
Ground area
2,326 m²
Building footprint
262 m²
Volume, LiDAR
1,214 m³
Parcel 23047A0534/00L000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Sofardi
since 20112.199.856.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0534/00L000 | Flanders | 2,326 m² | 1 · 262 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
8755007ZGGE5N5AGIN33
Similar companies · same sector, comparable size
I.C. GROUP
BE 0668.617.436
Hasselt · Eq €8,503,865
INDU
BE 0479.488.321
Oud-Turnhout · Eq €8,503,724
MARMACO
BE 0807.163.823
Brasschaat · Eq €8,510,710
CS BELGIUM HOLDING
BE 0508.757.278
Antwerpen · Eq €8,502,154
TRIVIDEND - VLAAMS PARTICIPATIEFONDS VOOR DE SOCIALE ECONOMIE
BE 0476.371.651
Brussel · Eq €8,501,723
Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 6,490 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.