Equity
€63,006 ▼ 23.9%
SOFARIN paid out €25,000 in dividends. That is 477% of the 2025 profit.
SOFARIN
Lifetime
8 annual accounts with figures on one time axispeak €101,679 (2024)
€91,992▼ 9.5%
lowest -€31,723 (2018)
€5,243▼ 82.3%
peak €82,763 (2024)
€63,006▼ 23.9%
€412,996▼ 9.0%
Board2 names since 2017
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Result from €29,561 to €5,243Dividend €25,000Equity from €82,763 to €63,006
Key points
from the 2025 annual accountsTurnover
≈ €380,000 estimated
The micro format states no turnover.
Debts
€412,996 87% of the balance sheet
Suppliers 3%Taxes and wages 1%Other 96%
Of this, €396,496 falls due within a year.
Filings
8 annual accounts 6 late
The 2020 accounts came latest: 88 days after the end of the period.
Starting capital
€18,600 100 shares
Position in the sector
13.2%
Lower solvency than 83% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,371 companies had the same profile as SOFARIN has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,371 companies, not a prediction for SOFARIN. 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
Board and ownership
Director
- 90 sharesdeed of 19-12-2017
- 10 sharesdeed of 19-12-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0685992611
Appointment: (director)
Gazette deed
Director in office: (manager)
Gazette deed
New manager
appointed, resigned · Director discharge: (manager) · General meeting of 30-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOFARIN Molenbeek-Saint-Jean | €476,002 | €91,992 | 13.2% | - |
| GUBOVA Temse | €488,110 | €89,038 | 4.6% | - |
| SB PROJECTS Grimbergen | €509,684 | €95,481 | -4.6% | 3.3 |
| Algemene Dak- Schrijn- & Timmerwerken Diependaele Tom Zottegem | €514,479 | €98,200 | 44.6% | - |
| TBR-PROJECTS Lendelede | €476,855 | €105,341 | 18.7% | 1.8 |
| D.B.D. Lennik | €472,557 | €78,969 | 19.2% | - |
| DG IMMO SERVICES Herstal | €466,505 | €79,942 | 79.6% | - |
These companies have the same main activity as SOFARIN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €467,000 and €514,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 15-12-2017Normal situation
- Activity
- Joinery installationNACE 43320and 5 others
- Establishment unit
- 2.271.386.8401080 Molenbeek-Saint-Jean, since 10-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Insights on SOFARIN
SOFARIN files the micro format. That format states no turnover. The gross margin rose from €15,519 in 2018 to €91,992 in 2025.
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 SOFARIN
- What is the company number of SOFARIN?
- The company number of SOFARIN is 0685.992.611. The VAT number is the same number with BE in front: BE 0685.992.611.
- Where is SOFARIN based?
- The registered office is at Zeepaardjesstraat 16, 1080 Molenbeek-Saint-Jean.Company details
- What does SOFARIN do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of SOFARIN?
- SOFARIN is a private limited company (BV).
- When was SOFARIN founded?
- SOFARIN was founded on 15-12-2017.
- Is SOFARIN still active?
- Yes, SOFARIN is an active enterprise in the KBO register.
- What is the turnover of SOFARIN?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €91,992 and 39 comparable companies (NACE 43320). It probably lies between €270,000 and €570,000.Financials
- Is SOFARIN profitable?
- In financial year 2025, SOFARIN made a profit of €5,243.
- Where can I find the annual accounts of SOFARIN?
- SOFARIN filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOFARIN due?
- SOFARIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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