Equity
€46,814 from €277,034 in 2017
Equity fell by 83% in 8 years.
Sofarel
Lifetime
19 annual accounts with figures on one time axis, 49 filings since 1977peak €291,361 (2013)
€30,937▼ 12.9%
lowest -€49,181 (2011)
-€1,569▼ €4,899
peak €277,034 (2017)
€46,814▼ 3.2%
€72,176▼ 5.8%
peak 1.5 FTE (2009)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €35,515 to €30,937Loss of €1,569
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as Sofarel has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for Sofarel. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0407974773
1 director appointed, 1 manager resigning, 1 reappointment
Resignation: (manager) · Reappointment: · Appointment: · General meeting of 06-12-2023 · Gazette deed
New establishment in Wemmel
J. Vander Vekenstraat 177
First establishment
Atomiumsquare 1, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Sofarel Brussels | €118,990 | €30,937 | 39.3% | - |
| EDO SHOE Aalst | €49,659 | €22,328 | -1589.6% | - |
| Chaussures François Jeanmart Fléron | €289,718 | €76,872 | 27.5% | 3.5 |
| PAOLI Izegem | €100,340 | €97,444 | 95.8% | - |
| CHADIS Dison | €368,940 | €45,872 | 21.8% | - |
| BARBARA GIACLINA Sint-Martens-Latem | €141,367 | €8,987 | 51.1% | - |
| FREEDOM Y.D. Lasne | €319,001 | €82,664 | 71.4% | - |
These companies have the same main activity as Sofarel: wholesale trade (NACE 46425). They are comparable in size and age: total assets between €49,700 and €369,000, founded between 1952 and 1994.
Official details
Source: KBO- Status
- Active since 18-01-1971Normal situation
- Registered office
- 112 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Wholesale tradeNACE 46425
- Establishment units
- 2.005.504.0011020 Brussels, since 21-08-1997
- 2.226.839.7871780 Wemmel, since 01-02-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Annual accounts 2025
- €118,990▼ 4.8%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Sofarel
Sofarel files the micro format. That format states no turnover. The gross margin fell from €269,799 in 2007 to €30,937 in 2025.
The balance sheet grew most in 2008 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Sofarel
- What is the company number of Sofarel?
- The company number of Sofarel is 0407.974.773. The VAT number is the same number with BE in front: BE 0407.974.773.
- Where is Sofarel based?
- The registered office is at Atomiumsquare 1, 1020 Brussels.Company details
- What does Sofarel do?
- According to the KBO register, the main activity is wholesale trade (NACE 46425).
- What is the legal form of Sofarel?
- Sofarel is a private limited company (BV).
- When was Sofarel founded?
- Sofarel was founded on 18-01-1971.
- Is Sofarel still active?
- Yes, Sofarel is an active enterprise in the KBO register.
- What is the turnover of Sofarel?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €30,937 and 34 comparable companies (NACE 464). It probably lies between €100,000 and €320,000.Financials
- Is Sofarel profitable?
- In financial year 2025, Sofarel made a loss of €1,569.
- Where can I find the annual accounts of Sofarel?
- Sofarel filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Sofarel due?
- Sofarel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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